Summary
DIALCO has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.2m and a net result of €215,124. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 89% of 876 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
3 d early
2023
5 d early
2022
31 d early
2021
2 d early
2020
9 d early
2019
17 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 company by equity in Meise, Transport and storage sector#3 company by total assets in Meise, Transport and storage sector#9 oldest company in Meise, Transport and storage sector
Turnover
€1.3m▲ 20.1%
2024 · €1.0m
EBIT margin
20.6%▼ 0.8pp
2024 · 21.4%
Net result
€215,124▼ 22.9%
2024 · €279,042
Working capital
€663,403▲ 20.2%
2024 · €551,871
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€848,120▲ 10.6%€925,957▲ 9.2%€855,874▼ 7.6%€1.0m▲ 22.1%€1.3m▲ 20.1%
Operating result€109,782▲ 16.4%€108,530▼ 1.1%€128,036▲ 18.0%€223,543▲ 74.6%€258,342▲ 15.6%
Net result€92,635within the sector's middle half€87,629within the sector's middle half▼ 5.4%€100,677within the sector's middle half▲ 14.9%€279,042above the sector's middle half▲ 177%€215,124within the sector's middle half▼ 22.9%
EBIT margin12.9%▲ 0.6pp11.7%▼ 1.2pp15.0%▲ 3.2pp21.4%▲ 6.4pp20.6%▼ 0.8pp
Equity€2.6mabove the sector's middle half▼ 0.4%€1.9mabove the sector's middle half▼ 28.2%€1.9mwithin the sector's middle half▼ 0.2%€2.0mwithin the sector's middle half▲ 9.3%€2.2mwithin the sector's middle half▲ 5.4%
Total assets€2.9mwithin the sector's middle half▲ 0.9%€2.2mwithin the sector's middle half▼ 25.3%€2.2mwithin the sector's middle half▼ 1.2%€2.4mwithin the sector's middle half▲ 11.9%€2.6mwithin the sector's middle half▲ 6.1%
Debt€317,332▲ 12.9%€312,056▼ 1.7%€289,722▼ 7.2%€371,195▲ 28.1%€406,956▲ 9.6%
Working capital€1.1mabove the sector's middle half▼ 1.0%€380,152within the sector's middle half▼ 66.0%€376,829within the sector's middle half▼ 0.9%€551,871within the sector's middle half▲ 46.5%€663,403within the sector's middle half▲ 20.2%
Solvency89.2%above the sector's middle half▼ 1.2pp85.7%above the sector's middle half▼ 3.4pp86.6%above the sector's middle half▲ 0.9pp84.7%above the sector's middle half▼ 1.9pp84.1%above the sector's middle half▼ 0.5pp
Current ratio4.52above the sector's middle half▼ 0.492.22above the sector's middle half▼ 2.302.30above the sector's middle half▲ 0.082.49above the sector's middle half▲ 0.192.63above the sector's middle half▲ 0.15
Return on assets (ROA)3.2%within the sector's middle half▲ 4.3pp4.0%within the sector's middle half▲ 0.8pp4.7%within the sector's middle half▲ 0.7pp11.5%above the sector's middle half▲ 6.9pp8.4%above the sector's middle half▼ 3.1pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1.7below the sector's middle half▲ 70.0%
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.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€1.5m =
Current assets
€1.1m ▲ 15.9%
Equity and liabilities €2.6m
Equity
€2.2m ▲ 5.4%
Debt
€406,956 ▲ 9.6%
Debt's share of the balance-sheet total rises from 15.3% to 15.9%. Equity and debt are higher.
Key figures and ratios
ROE
10.0%▼
2024 · 13.6%
Debt ≤ 1 year
€406,548▲
2024 · €371,195
Income taxes
€72,864▼
2024 · €97,499
Staff costs
€114,665▲
2024 · €71,543
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €848,182 | €926,019 | €855,874 | €1.0m | €1.3m | ▲ 20.1% |
| Turnover70 | €848,120 | €925,957 | €855,874 | €1.0m | €1.3m | ▲ 20.1% |
| Other operating income74 | €62 | €62 | €0 | - | - | - |
| Operating charges60/66A | €738,400 | €817,489 | €727,838 | €821,102 | €996,599 | ▲ 21.4% |
| Goods for resale, raw materials and consumables60 | €670,867 | €746,758 | €647,730 | €743,696 | €874,569 | ▲ 17.6% |
| Purchases600/8 | €670,867 | €746,758 | €647,730 | €743,696 | €874,569 | ▲ 17.6% |
| Services and other goods61 | €4,240 | €6,655 | €5,349 | €4,896 | €6,367 | ▲ 30.0% |
| Remuneration, social security and pensions62 | €60,488 | €63,059 | €73,799 | €71,543 | €114,665 | ▲ 60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €395 | €0 | - | - | - | - |
| Other operating charges640/8 | €2,409 | €1,018 | €960 | €968 | €998 | ▲ 3.2% |
| Operating profit (loss)9901 | €109,782 | €108,530 | €128,036 | €223,543 | €258,342 | ▲ 15.6% |
| Financial income75/76B | €14,330 | €9,168 | €7,286 | €153,519 | €30,691 | ▼ 80.0% |
| Recurring financial income75 | €14,330 | €9,168 | €7,286 | €153,519 | €30,691 | ▼ 80.0% |
| Income from financial fixed assets750 | €14,330 | - | - | €152,706 | €0 | ▼ 100% |
| Income from current assets751 | - | €9,168 | €7,286 | €813 | €30,691 | ▲ 3,673% |
| Other financial income752/9 | €0 | - | - | - | - | - |
| Financial charges65/66B | €215 | €473 | €710 | €521 | €1,045 | ▲ 100% |
| Recurring financial charges65 | €215 | €473 | €710 | €521 | €1,045 | ▲ 100% |
| Debt charges650 | €191 | €449 | €686 | €493 | €215 | ▼ 56.3% |
| Other financial charges652/9 | €23 | €24 | €24 | €28 | €829 | ▲ 2,874% |
| Profit (loss) for the period before taxes9903 | €123,897 | €117,225 | €134,612 | €376,541 | €287,988 | ▼ 23.5% |
| Income taxes67/77 | €31,263 | €29,597 | €33,935 | €97,499 | €72,864 | ▼ 25.3% |
| Taxes670/3 | €31,263 | €29,597 | €33,935 | €97,499 | €72,864 | ▼ 25.3% |
| Profit (loss) for the period9904 | €92,635 | €87,629 | €100,677 | €279,042 | €215,124 | ▼ 22.9% |
| Profit (loss) for the period to be appropriated9905 | €92,635 | €87,629 | €100,677 | €279,042 | €215,124 | ▼ 22.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.9m | €2.2m | €2.2m | €2.4m | €2.6m | ▲ 6.1% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Affiliated companies280/1 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Participating interests280 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Current assets29/58 | €1.4m | €692,208 | €666,551 | €923,066 | €1.1m | ▲ 15.9% |
| Amounts receivable after more than one year29 | - | - | - | €550,000 | €550,000 | = |
| Other amounts receivable291 | - | - | - | €550,000 | €550,000 | = |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €201,491 | €214,005 | €173,806 | €207,441 | €235,928 | ▲ 13.7% |
| Trade receivables40 | €169,676 | €177,814 | €160,556 | €207,441 | €235,928 | ▲ 13.7% |
| Other amounts receivable41 | €31,816 | €36,190 | €13,250 | €0 | - | - |
| Current investments50/53 | €889,242 | €338,988 | €378,693 | €29,779 | €29,779 | = |
| Other investments51/53 | €889,242 | €338,988 | €378,693 | €29,779 | €29,779 | = |
| Cash at bank and in hand54/58 | €343,392 | €139,216 | €114,052 | €132,065 | €220,213 | ▲ 66.7% |
| Deferred charges and accrued income490/1 | - | - | - | €3,781 | €34,031 | ▲ 800% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.9m | €2.2m | €2.2m | €2.4m | €2.6m | ▲ 6.1% |
| Equity10/15 | €2.6m | €1.9m | €1.9m | €2.0m | €2.2m | ▲ 5.4% |
| Contributions10/11 | €782,188 | €61,918 | €61,918 | €61,918 | €61,918 | = |
| Capital10 | €782,188 | €61,918 | €61,918 | €61,918 | €61,918 | = |
| Issued capital100 | €782,188 | €61,918 | €61,918 | €61,918 | €61,918 | = |
| Reserves13 | €1.8m | €1.8m | €1.8m | €2.0m | €2.1m | ▲ 5.7% |
| Non-distributable reserves130/1 | €78,219 | €78,219 | €78,219 | €78,219 | €78,219 | = |
| Legal reserve130 | €78,219 | €78,219 | €78,219 | €78,219 | €78,219 | = |
| Distributable reserves133 | €1.8m | €1.7m | €1.7m | €1.9m | €2.0m | ▲ 6.0% |
| Profit (loss) carried forward14 | €3,765 | €2,394 | €3,070 | €3,112 | €236 | ▼ 92.4% |
| Amounts payable17/49 | €317,332 | €312,056 | €289,722 | €371,195 | €406,956 | ▲ 9.6% |
| Amounts payable within one year42/48 | €317,332 | €312,056 | €289,722 | €371,195 | €406,548 | ▲ 9.5% |
| Financial debts43 | €15,045 | €0 | - | - | - | - |
| Credit institutions430/8 | €15,045 | €0 | - | - | - | - |
| Trade debts44 | €140,868 | €149,512 | €124,562 | €150,270 | €167,481 | ▲ 11.5% |
| Suppliers440/4 | €140,868 | €149,512 | €124,562 | €150,270 | €167,481 | ▲ 11.5% |
| Taxes, remuneration and social security45 | €13,100 | €13,154 | €14,970 | €69,936 | €87,277 | ▲ 24.8% |
| Taxes450/3 | €3,298 | €2,890 | €3,408 | €57,746 | €66,840 | ▲ 15.7% |
| Remuneration and social security454/9 | €9,802 | €10,264 | €11,563 | €12,190 | €20,437 | ▲ 67.6% |
| Other amounts payable47/48 | €148,320 | €149,390 | €150,190 | €150,990 | €151,790 | ▲ 0.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €408 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €92,635 | €87,629 | €100,677 | €279,042 | €215,124 | ▼ 22.9% |
| + Depreciation and write-downs630 | €395 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €93,029 | €87,629 | €100,677 | €279,042 | €215,124 | ▼ 22.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€204,176 | -€25,164 | €18,013 | €88,147 | ▲ 389% |
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
13-07
State Gazette act
Reappointments: Ivo Cornelis, Paul Cornelis and 2 others8 facts ▸
State Gazette act
Reappointments: Ivo Cornelis, Paul Cornelis and 2 others
8 facts ▸
- General meeting, 01-07-2025
- Director reappointment, Ivo Cornelis (non-statutory director)
- Director reappointment, Paul Cornelis (non-statutory director)
- Director reappointment, Edy Cornelis (non-statutory director)
- Director reappointment, Luc Cornelis (non-statutory director)
- Board meeting, 01-07-2025
- Director reappointment, Ivo Cornelis (managing director)
- Director reappointment, Paul Cornelis (managing director)
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €2mEq €2.0m ▲9.3%
4 profitable years in a row build equity to €2.0m.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €92,635
Net result €92,635 after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€33,129
Net result drops to -€33,129, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
31-12
Financial
Highest result since 2018net €385,335 ▲360%
Net result €385,335, the highest in the series.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2025
This board is reconstructed from a single act (26089729). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 4
Edy Cornelis
CurrentNon-statutory director · since 01-07-2025
Ivo Cornelis
CurrentNon-statutory director · since 01-07-2025
Luc Cornelis
CurrentNon-statutory director · since 01-07-2025
Paul Cornelis
CurrentNon-statutory director · since 01-07-2025
Day-to-day management 2
Ivo Cornelis
CurrentManaging director · since 01-07-2025
Paul Cornelis
CurrentManaging director · since 01-07-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Meise · 1 establishment unit since 1996
Ground area
427 m²
Parcel 23093B0414/00R000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Nieuwenrodestraat 60, 1861 Meise
since 19962.075.569.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093B0414/00R000 | Flanders | 427 m² | - | - |
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.
Mandate history
4 people since 2025, 4 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Edy Cornelis |
|
| Ivo Cornelis |
|
| Luc Cornelis |
|
| Paul Cornelis |
|
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
97.5%
-
82.76%
According to the 2025 annual accounts of DIALCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
4 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded16-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456868119
Registered
04-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.