Pelikaancars
ActiveSummary
Pelikaancars has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €438k and a net result of €12k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 25% of 1852 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+12
Solvency47▼-6
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.75 in 2023; short-term debt: 49.5% and cash: 0.8% of total assets), and 77.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six 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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1852 sector peers (2024).
NBB · sector comparisonPosition among 1852 sector peers
Solvency
better than 25%
← weakest
strongest →
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 €438k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
71 d early
2022
84 d late
2021
2 d early
2020
15 d early
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, abbreviated schema
Equity
€438k▲ 2.7%
2023 · €426k
Total assets
€1.97M▲ 30.9%
2023 · €1.51M
Net result
€12k▼ 91.9%
2023 · €143k
Working capital
€-338k▼ 66.6%
2023 · €-203k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€19k▼ 79.9%€-48k€58k€296k▲ 413%€58k▼ 80.5%
Net result€324▼ 99.5%€-83k€-147k▼ 76.7%€143k€12k▼ 91.9%
Equity€513k▲ 0.1%€430k▼ 16.2%€283k▼ 34.2%€426k▲ 50.7%€438k▲ 2.7%
Total assets€1.53M▲ 15.1%€1.80M▲ 17.5%€1.48M▼ 18.1%€1.51M▲ 2.2%€1.97M▲ 30.9%
Debt€1.02M▲ 24.4%€1.37M▲ 34.5%€1.19M▼ 13.1%€1.08M▼ 9.3%€1.54M▲ 42.1%
Working capital€96k▲ 379%€4k▼ 95.9%€-32k€-203k▼ 541%€-338k▼ 66.6%
Staff (FTE)28.7▼ 10.6%26.6▼ 7.3%26.6=40.1▲ 50.8%24▼ 40.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.97M
Fixed assets
€1.34M ▲ 48.1%
Current assets
€638k ▲ 5.4%
Equity and liabilities €1.97M
Equity
€438k ▲ 2.7%
Debt
€1.54M ▲ 42.1%
Debt's share of the balance-sheet total rises from 71.7% to 77.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€273k▼
2023 · €463k
Cash flow
€227k▼
2023 · €310k
Current ratio
0.65▼
2023 · 0.75
Debt to equity
3.51▲
2023 · 2.54
ROE
2.6%▼
2023 · 33.6%
ROA
0.6%▼
2023 · 9.5%
Interest coverage
6.02▲
2023 · 3.19
Debt ≤ 1 year
€976k▲
2023 · €808k
Debt > 1 year
€560k▲
2023 · €273k
Income taxes
€7k▼
2023 · €14k
Staff costs
€993k▼
2023 · €1.14M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €60k | €117k | €168k | ▲ 43.4% |
| Remuneration, social security and pensions62 | - | €622k | €961k | €1.14M | €993k | ▼ 12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €78k | €262k | €166k | €215k | ▲ 29.4% |
| Other operating charges640/8 | - | €76k | €119k | €59k | €90k | ▲ 51.4% |
| Non-recurring operating charges66A | - | €0 | €31k | €0 | €2k | - |
| Gross operating margin9900 | €515k | €727k | €1.43M | €1.66M | €1.36M | ▼ 18.1% |
| Operating profit (loss)9901 | €19k | €-48k | €58k | €296k | €58k | ▼ 80.5% |
| Financial income75/76B | - | €1k | €3k | €7k | €7k | ▲ 0.2% |
| Recurring financial income75 | €2k | €1k | €3k | €7k | €7k | ▲ 0.2% |
| Financial charges65/66B | - | €33k | €206k | €145k | €45k | ▼ 68.8% |
| Recurring financial charges65 | €21k | €33k | €206k | €145k | €45k | ▼ 68.8% |
| Profit (loss) for the period before taxes9903 | €324 | €-81k | €-145k | €158k | €19k | ▼ 88.0% |
| Income taxes67/77 | €0 | €3k | €2k | €14k | €7k | ▼ 48.7% |
| Profit (loss) for the period9904 | €324 | €-83k | €-147k | €143k | €12k | ▼ 91.9% |
| Transfer from tax-exempt reserves789 | - | €19k | €166k | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €324 | €-65k | €19k | €143k | €12k | ▼ 91.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.53M | €1.80M | €1.48M | €1.51M | €1.97M | ▲ 30.9% |
| Fixed assets21/28 | €1.12M | €1.05M | €804k | €902k | €1.34M | ▲ 48.1% |
| Intangible fixed assets21 | €6k | €4k | €2k | €0 | - | - |
| Tangible fixed assets22/27 | €1.11M | €1.04M | €794k | €894k | €1.33M | ▲ 48.5% |
| Land and buildings22 | - | €0 | - | - | - | - |
| Plant, machinery and equipment23 | - | €14k | €10k | €7k | €21k | ▲ 210% |
| Furniture and vehicles24 | - | €975k | €731k | €830k | €1.25M | ▲ 50.3% |
| Other tangible fixed assets26 | - | €48k | €53k | €57k | €59k | ▲ 3.2% |
| Financial fixed assets28 | €9k | €9k | €9k | €9k | €9k | ▲ 5.6% |
| Current assets29/58 | €412k | €752k | €671k | €605k | €638k | ▲ 5.4% |
| Amounts receivable within one year40/41 | €376k | €393k | €564k | €553k | €591k | ▲ 6.9% |
| Trade receivables40 | - | €323k | €433k | €414k | €467k | ▲ 12.8% |
| Other amounts receivable41 | - | €69k | €132k | €139k | €124k | ▼ 10.5% |
| Current investments50/53 | - | €500 | €500 | €500 | €500 | = |
| Cash at bank and in hand54/58 | €36k | €32k | €41k | €30k | €17k | ▼ 45.5% |
| Deferred charges and accrued income490/1 | - | €327k | €65k | €22k | €30k | ▲ 38.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.53M | €1.80M | €1.48M | €1.51M | €1.97M | ▲ 30.9% |
| Equity10/15 | €513k | €430k | €283k | €426k | €438k | ▲ 2.7% |
| Contributions10/11 | €129k | €129k | €129k | €129k | €129k | = |
| Capital10 | - | €129k | €129k | €129k | €129k | = |
| Issued capital100 | - | €144k | €144k | €144k | €144k | = |
| Uncalled capital101 | - | €15k | €15k | €15k | €15k | = |
| Reserves13 | €385k | €301k | €154k | €298k | €309k | ▲ 3.9% |
| Non-distributable reserves130/1 | - | €14k | €14k | €14k | €14k | = |
| Legal reserve130 | - | €14k | €14k | €14k | €14k | = |
| Tax-exempt reserves132 | - | €166k | €0 | - | - | - |
| Distributable reserves133 | - | €121k | €140k | €283k | €295k | ▲ 4.1% |
| Amounts payable17/49 | €1.02M | €1.37M | €1.19M | €1.08M | €1.54M | ▲ 42.1% |
| Amounts payable after more than one year17 | €705k | €624k | €490k | €273k | €560k | ▲ 105% |
| Financial debts170/4 | - | €624k | €490k | €273k | €560k | ▲ 105% |
| Amounts payable within one year42/48 | €315k | €748k | €702k | €808k | €976k | ▲ 20.8% |
| Current portion of amounts payable after more than one year42 | - | €243k | €254k | €238k | €298k | ▲ 25.1% |
| Financial debts43 | - | €5k | €60k | €26k | €117k | ▲ 359% |
| Credit institutions430/8 | - | €5k | €60k | €26k | €111k | ▲ 334% |
| Other loans439 | - | - | - | - | €7k | - |
| Trade debts44 | €9k | €353k | €251k | €330k | €402k | ▲ 22.0% |
| Suppliers440/4 | - | €353k | €251k | €330k | €402k | ▲ 22.0% |
| Taxes, remuneration and social security45 | - | €148k | €136k | €209k | €159k | ▼ 24.0% |
| Taxes450/3 | - | €33k | €13k | €49k | €38k | ▼ 23.1% |
| Remuneration and social security454/9 | - | €115k | €123k | €159k | €121k | ▼ 24.3% |
| Other amounts payable47/48 | - | €218 | €1k | €6k | €0 | ▼ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €324 | €-83k | €-147k | €143k | €12k | ▼ 91.9% |
| + Depreciation and write-downs630 | €8k | €78k | €262k | €166k | €215k | ▲ 29.4% |
| Operating cash flow (approximation) | €9k | €-6k | €115k | €310k | €227k | ▼ 26.8% |
| Investment in fixed assets (approximation) | - | €-6k | €-17k | €-264k | €-649k | ▼ 146% |
| Change in cash | - | €-4k | €9k | €-11k | €-14k | ▼ 27.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 81 days late
2024
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €143k
Net result €143k after 2 loss-making years.
23-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 84 days late
2022
31-12
Financial
Weakest financial yearnet €-147k
Net result drops to €-147k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
31-12
Financial
Equity above €500kEq €513k ▲11.4%
2 profitable years in a row build equity to €513k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
19-05
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Tielt-Winge · 1 establishment unit since 1995
Ground area
2,116 m²
Building footprint
6 m²
Volume, LiDAR
18 m³
Parcel 24106F0110/00K000, Flanders · tallest building 4.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PELIKAANCARS NV
since 19952.072.376.096
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24106F0110/00K000 | Flanders | 2,116 m² | 1 · 6 m² | 4.2 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500HFQA3KHYODHL26
Similar companies · same sector, comparable size
PEOPLEDRIVING SERVICES
BE 0845.994.903
Mechelen · Eq €437k
AUTOCARS VANDERMEERSCH HENRI – REIZEN BELL TOURS
BE 0419.683.168
Sint-Pieters-Leeuw · Eq €435k
ANDACE
BE 0875.379.765
Sankt Vith · Eq €434k
S-PASS
BE 0816.805.623
Zaventem · Eq €433k
BEN THAMI
BE 0450.889.058
Brussel · Eq €443k
Of 6,975 companies in sector 49320 we hold annual accounts for 2,714. 966 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded31-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
79110Travel agency activities
Scores and ratios are computed by Checked and are not a credit decision.