DULLAERT WILLY
ActiveDULLAERT WILLY has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €298k and a net result of €61k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 57% of 6717 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+9
Solvency69▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 0.97 in 2023; short-term debt: 9.3% and cash: 9.9% of total assets), but 55.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €298k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
19 d late
2022
12 d early
2021
11 d late
2020
18 d late
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€298k▲ 25.9%
2023 · €236k
2018: €229k
2019: €239k
2020: €260k
2021: €233k
2022: €226k
2023: €236k
2018 → 2024
Total assets
€671k▼ 1.7%
2023 · €683k
2018: €813k
2019: €833k
2020: €803k
2021: €799k
2022: €728k
2023: €683k
2018 → 2024
Net result
€61k▲ 509%
2023 · €10k
2018: €40k
2019: €12k
2020: €20k
2021: €-27k
2022: €-13k
2023: €10k
2018 → 2024
Working capital
€60k
2023 · €-4k
2018: €-108k
2019: €-75k
2020: €8k
2021: €-6k
2022: €9k
2023: €-4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€260k-€233k▼ 10.3%€226k▼ 2.7%€236k▲ 4.5%€298k▲ 25.9%
Operating result€37k-€-5k€-5k▲ 6.9%€26k€93k▲ 254%
Net result€20k-€-27k€-13k▲ 51.2%€10k€61k▲ 509%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 254% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €671k
Fixed assets
€548k▼ 5.9%
Current assets
€123k▲ 23.0%
Equity and liabilities €671k
Equity
€298k▲ 25.9%
Debt
€374k▼ 16.3%
The debt ratio falls from 65.4% to 55.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▲
2023 · €79k
Cash flow
€96k▲
2023 · €63k
Solvency
44.4%▲
2023 · 34.6%
Current ratio
1.96▲
2023 · 0.97
Quick ratio
1.96▲
2023 · 0.97
Debt / equity
1.25▼
2023 · 1.89
ROE
20.6%▲
2023 · 4.3%
ROA
9.1%▲
2023 · 1.5%
Interest coverage
22.09▲
2023 · 11.56
Debt
€374k▼
2023 · €446k
Debt ≤ 1 year
€63k▼
2023 · €104k
Debt > 1 year
€311k▼
2023 · €343k
Income taxes
€26k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€683k€671k▼
Fixed assets21/28€583k€548k▼
Tangible fixed assets22/27€580k€545k▼
Land and buildings22€472k€450k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€14k€8k▼
Other tangible fixed assets26€92k€86k▼
Financial fixed assets28€3k€3k=
Current assets29/58€100k€123k▲
Amounts receivable within one year40/41€86k€57k▼
Trade receivables40€80k€49k▼
Other amounts receivable41€5k€8k▲
Cash at bank and in hand54/58€5k€66k▲
Deferred charges and accrued income490/1€9k-
Equity and liabilities
Total equity and liabilities10/49€683k€671k▼
Equity10/15€236k€298k▲
Contributions10/11€19k€19k=
Reserves13€218k€278k▲
Tax-exempt reserves132€29k€29k=
Distributable reserves133€189k€250k▲
Profit (loss) carried forward14€78€937▲
Amounts payable17/49€446k€374k▼
Amounts payable after more than one year17€343k€311k▼
Financial debts170/4€343k€311k▼
Amounts payable within one year42/48€104k€63k▼
Current portion of amounts payable after more than one year42€47k€33k▼
Trade debts44€10k€7k▼
Suppliers440/4€10k€7k▼
Taxes, remuneration and social security45€7k€23k▲
Taxes450/3€7k€23k▲
Other amounts payable47/48€40k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€35k▼
Other operating charges640/8€10k€21k▲
Gross operating margin9900€89k€149k▲
Operating profit (loss)9901€26k€93k▲
Financial income75/76B€20€12▼
Recurring financial income75€20€12▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€20k€88k▲
Income taxes67/77€10k€26k▲
Profit (loss) for the period9904€10k€61k▲
Profit (loss) for the period to be appropriated9905€10k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€61k▲
Profit (loss) brought forward from the previous period14P-€78
Transfer to equity691/2€10k€61k▲
To other reserves6921€10k€61k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €61k ▲509%
Operating result €93k, net result €61k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.96
Current ratio from 0.97 to 1.96; short-term debt falls from €104k to €63k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Weakest financial yearnet €-27k ▼233%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 1989
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bautschoot 1169160 LokerenGround area
5,085 m²
Building footprint
188 m²
Volume, LiDAR
933 m³
Parcel 46007C0098/00G000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bautschoot 116, 9160 Lokeren
since 19892.043.830.085
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007C0098/00G000 | Flanders | 5,085 m² | 1 · 188 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,301 EUR awarded · 2,301 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,301 EUR | 2,301 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Food safety, FASFC
1 siteLokeren2.043.830.085
Similar companies · same sector, comparable size
Ardotrans
BE 0413.925.922
Ardooie · Eq €298k
Transports Xavier THOMAS
BE 0468.675.492
Herstal · Eq €298k
CG TRANSPORT
BE 0505.619.329
Roeselare · Eq €298k
Delmakor
BE 0451.925.374
Deerlijk · Eq €298k
DEBOVA
BE 0877.737.360
Gent · Eq €298k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 5,863 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-04-1989
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
68321Property management for co-owned buildings (syndics)
68322Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.