DELTA TRANS
ActiveSummary
The computed 12-month bankruptcy probability of DELTA TRANS is 2.9% (moderate). The 2025 annual accounts show equity of €63,603 and a net result of €5,606. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 4735 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-2
Solvency52▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.04 in 2024; short-term debt: 71.5% and cash: 20.5% of total assets), and 72.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
1 d early
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€63,603▲ 9.7%
2024 · €57,997
Total assets
€233,730▲ 2.8%
2024 · €227,345
Net result
€5,606▼ 44.9%
2024 · €10,183
Working capital
€30,838▲ 367%
2024 · €6,599
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€27,877-€40,012▲ 43.5%€18,889▼ 52.8%€12,176▼ 35.5%
Net result€20,202within the sector's middle half-€24,612above the sector's middle half▲ 21.8%€10,183within the sector's middle half▼ 58.6%€5,606within the sector's middle half▼ 44.9%
Equity€23,202within the sector's middle half-€47,814within the sector's middle half▲ 106%€57,997within the sector's middle half▲ 21.3%€63,603within the sector's middle half▲ 9.7%
Total assets€220,823within the sector's middle half-€250,667within the sector's middle half▲ 13.5%€227,345within the sector's middle half▼ 9.3%€233,730within the sector's middle half▲ 2.8%
Debt€197,620-€202,853▲ 2.6%€169,348▼ 16.5%€170,127▲ 0.5%
Working capital-€36,320below the sector's middle half--€5,616within the sector's middle half▲ 84.5%€6,599within the sector's middle half€30,838within the sector's middle half▲ 367%
Solvency10.5%below the sector's middle half-19.1%within the sector's middle half▲ 8.6pp25.5%within the sector's middle half▲ 6.4pp27.2%within the sector's middle half▲ 1.7pp
Current ratio0.78below the sector's middle half-0.97within the sector's middle half▲ 0.191.04within the sector's middle half▲ 0.071.18within the sector's middle half▲ 0.14
Return on assets (ROA)9.1%within the sector's middle half-9.8%within the sector's middle half▲ 0.7pp4.5%within the sector's middle half▼ 5.3pp2.4%within the sector's middle half▼ 2.1pp
Staff (FTE)2.7-2.4▼ 11.1%2.3▼ 4.2%2.3=
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233,730
Fixed assets
€35,811 ▼ 35.9%
Current assets
€197,919 ▲ 15.4%
Equity and liabilities €233,730
Equity
€63,603 ▲ 9.7%
Debt
€170,127 ▲ 0.5%
Debt's share of the balance-sheet total falls from 74.5% to 72.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€32,236▼
2024 · €38,833
Cash flow
€25,666▼
2024 · €30,127
Debt to equity
2.67▼
2024 · 2.92
ROE
8.8%▼
2024 · 17.6%
Interest coverage
9.66▼
2024 · 11.10
Debt ≤ 1 year
€167,081▲
2024 · €164,875
Income taxes
€3,233▼
2024 · €5,206
Staff costs
€165,962▲
2024 · €155,005
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,275 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.5%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €106,410 | €139,207 | €155,005 | €165,962 | ▲ 7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €124 | €23,438 | €19,944 | €20,061 | ▲ 0.6% |
| Other operating charges640/8 | €348 | €2,176 | €1,026 | €1,041 | ▲ 1.5% |
| Gross operating margin9900 | €134,758 | €204,832 | €194,864 | €199,239 | ▲ 2.2% |
| Operating profit (loss)9901 | €27,877 | €40,012 | €18,889 | €12,176 | ▼ 35.5% |
| Financial charges65/66B | €3,924 | €3,892 | €3,500 | €3,337 | ▼ 4.7% |
| Recurring financial charges65 | €3,924 | €3,892 | €3,500 | €3,337 | ▼ 4.7% |
| Profit (loss) for the period before taxes9903 | €23,953 | €36,120 | €15,389 | €8,839 | ▼ 42.6% |
| Income taxes67/77 | €3,751 | €11,508 | €5,206 | €3,233 | ▼ 37.9% |
| Profit (loss) for the period9904 | €20,202 | €24,612 | €10,183 | €5,606 | ▼ 44.9% |
| Profit (loss) for the period to be appropriated9905 | €20,202 | €24,612 | €10,183 | €5,606 | ▼ 44.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €220,823 | €250,667 | €227,345 | €233,730 | ▲ 2.8% |
| Fixed assets21/28 | €94,011 | €70,573 | €55,871 | €35,811 | ▼ 35.9% |
| Tangible fixed assets22/27 | €74,876 | €51,438 | €36,736 | €16,676 | ▼ 54.6% |
| Furniture and vehicles24 | €74,876 | €51,438 | €36,736 | €16,676 | ▼ 54.6% |
| Financial fixed assets28 | €19,135 | €19,135 | €19,135 | €19,135 | = |
| Current assets29/58 | €126,812 | €180,093 | €171,474 | €197,919 | ▲ 15.4% |
| Amounts receivable within one year40/41 | €92,408 | €129,006 | €140,315 | €134,211 | ▼ 4.4% |
| Trade receivables40 | €90,932 | €129,006 | €125,550 | €127,444 | ▲ 1.5% |
| Other amounts receivable41 | €1,477 | - | €14,764 | €6,767 | ▼ 54.2% |
| Cash at bank and in hand54/58 | €30,736 | €46,683 | €27,163 | €47,975 | ▲ 76.6% |
| Deferred charges and accrued income490/1 | €3,668 | €4,405 | €3,995 | €15,733 | ▲ 294% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €220,823 | €250,667 | €227,345 | €233,730 | ▲ 2.8% |
| Equity10/15 | €23,202 | €47,814 | €57,997 | €63,603 | ▲ 9.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €20,202 | €44,814 | €54,997 | €60,603 | ▲ 10.2% |
| Distributable reserves133 | €20,202 | €44,814 | €54,997 | €60,603 | ▲ 10.2% |
| Amounts payable17/49 | €197,620 | €202,853 | €169,348 | €170,127 | ▲ 0.5% |
| Amounts payable after more than one year17 | €30,790 | €14,088 | - | - | - |
| Financial debts170/4 | €30,790 | €14,088 | - | - | - |
| Amounts payable within one year42/48 | €163,132 | €185,710 | €164,875 | €167,081 | ▲ 1.3% |
| Current portion of amounts payable after more than one year42 | €16,484 | €16,702 | €14,088 | - | - |
| Trade debts44 | €33,361 | €19,878 | €15,588 | €30,179 | ▲ 93.6% |
| Suppliers440/4 | €33,361 | €19,878 | €15,588 | €30,179 | ▲ 93.6% |
| Taxes, remuneration and social security45 | €13,287 | €45,431 | €35,200 | €33,847 | ▼ 3.8% |
| Taxes450/3 | €4,579 | €27,294 | €15,238 | €15,504 | ▲ 1.7% |
| Remuneration and social security454/9 | €8,708 | €18,137 | €19,962 | €18,343 | ▼ 8.1% |
| Other amounts payable47/48 | €100,000 | €103,699 | €100,000 | €103,055 | ▲ 3.1% |
| Accrued charges and deferred income492/3 | €3,699 | €3,055 | €4,473 | €3,046 | ▼ 31.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,202 | €24,612 | €10,183 | €5,606 | ▼ 44.9% |
| + Depreciation and write-downs630 | €124 | €23,438 | €19,944 | €20,061 | ▲ 0.6% |
| Operating cash flow (approximation) | €20,326 | €48,049 | €30,127 | €25,666 | ▼ 14.8% |
| Investment in fixed assets (approximation) | - | €0 | -€5,242 | €0 | ▲ 100% |
| Change in cash | - | €15,947 | -€19,519 | €20,812 | ▲ 207% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €5,606 ▼44.9%
Net result drops to €5,606, the lowest in the series.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2022net €24,612 ▲21.8%
Operating result €40,012, net result €24,612, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2021
Ground area
1.3 ha
Building footprint
482 m²
Volume, LiDAR
2,535 m³
Parcel 34004B0138/00D000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DELTA TRANS
since 20212.314.508.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34004B0138/00D000 | Flanders | 1.3 ha | 1 · 482 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 4,338 EUR awarded · 4,338 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 144 EUR | 144 EUR |
| 2023 | 2 | 3,597 EUR | 3,597 EUR |
| 2022 | 1 | 597 EUR | 597 EUR |
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Of 12,573 companies in this sector we hold annual accounts for 8,205. 6,151 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded12-03-2021
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
52210Service activities incidental to land transportation
52250Logistics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765137681
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.