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Generated 23-07-2026
Active BE 0454.886.745Public limited company

Pelikaancars

Heuvelstraat 203 ·3390 Tielt-Winge, Belgium· 31 yrs active
Sector: Taxi operation (49320)
Conclusion Checked

The computed 12-month bankruptcy probability of Pelikaancars is 0.7% (low). 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 42% of 194 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €438k
Net result €12k
Staff (FTE) 24
Better than sector 42%
Snowflake analysis 5 axes · computed by Checked
Health41Profitability13Solvency23Growth58Stability100
47 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 41
Profitability 13
Solvency 23
Growth 58
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.7% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1995, 31 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
41 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 20-10-2025 with the NBB · fiscal year 2024 · verkort
€-200k€0€200kOperating result 2020: €19k€19kNet result 2020: €324€324Operating result 2021: €-48k€-48kNet result 2021: €-83k€-83kOperating result 2022: €58k€58kNet result 2022: €-147k€-147kOperating result 2023: €296k€296kNet result 2023: €143k€143kOperating result 2024: €58k€58kNet result 2024: €12k€12k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 7 fiscal years (±2.3%/year).
€200k€300k€400k€500k2025: €407k (€369k - €446k)2026: €398k (€337k - €459k)2027: €389k (€305k - €473k)2018: €461k2019: €513k2020: €513k2021: €430k2022: €283k2023: €426k2024: €438k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 22.2% 28.5%
better than 42% of 194 sector peers
Net result €12k €22k
better than 42% of 194 sector peers
Equity €438k €178k
better than 68% of 194 sector peers
Gross operating margin €1.36M €405k
better than 83% of 194 sector peers
Staff costs €993k €364k
higher than 77% of 151 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€273k
-41.0% far above sector median
Net profit
€12k
-91.9% -35% vs sector
Cash flow
€227k
-26.8% far above sector median
Total assets
€1.97M
+30.9% far above sector median
Equity
€438k
+2.7% far above sector median
Working capital
€-338k
-66.6% far below sector median
Employees (FTE)
24
-40.1% +135% vs sector
Staff costs
€993k
-12.6% far above sector median
Income taxes
€7k
-48.7% -22% vs sector
Debt
€1.54M
+42.1% far above sector median
Debt ≤ 1y
€976k
+20.8% far above sector median
Debt > 1y
€560k
+105.2% far above sector median
Current ratio
0.65
-12.7% -10% vs sector
Quick ratio
0.65
-12.7% -10% vs sector
Solvency
22.2%
-21.6% -34% vs sector
Debt / equity
3.51
+38.3% +159% vs sector
ROE
2.6%
-92.1% -90% vs sector
ROA
0.6%
-93.8% -89% vs sector
Interest coverage
6.02
+88.9% -90% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€273k
Net profit€12k
Cash flow€227k
Staff costs€993k
Income taxes€7k
Dividends-
Total assets€1.97M
Equity€438k
Debt€1.54M
of which ≤ 1y€976k
of which > 1y€560k
Working capital€-338k
Employees (FTE)24.0
Ratios (computed)
2024
Current ratio0.65
Quick ratio0.65
Working capital ratio-17.1%
Solvency22.2%
Debt / equity3.51
Long-term debt ratio1.28
Interest coverage6.02
Gross margin-
Net margin-
ROA0.6%
ROE2.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.97M
Fixed assets 21/28€1.34M
Tangible fixed assets 22/27€1.33M
Financial fixed assets 28€9k
Current assets 29/58€638k
Amounts receivable within one year 40/41€591k
Investments 50/53€500
Cash & bank 54/58€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.97M
Equity 10/15€438k
Contributions / capital 10/11€129k
Reserves 13€309k
Amounts payable 17/49€1.54M
Amounts payable after one year 17€560k
Amounts payable within one year 42/48€976k
Trade debts payable within one year 44€402k
Income statement
Gross operating margin 9900€1.36M
Operating result 9901€58k
Financial income 75€7k
Financial charges 65€45k
Result before taxes 9903€19k
Income taxes 67/77€7k
Net result for the period 9904€12k
Result to be appropriated 9905€12k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Taxi operation(49320)
Legal form Public limited company(014)
Incorporation31-03-1995
StatusActive
Postal code3390
Establishment units 1 location
PELIKAANCARS NV
Heuvelstraat 203, 3390 Tielt-Wingehet interlokale personenvervoer met autobussen of trams, op vaste routes en volgens een vaste dienstregeling, waarbij de reizigers kunnen in- en uitstappen bij doorgaans vaste haltes
since 19952.072.376.096
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24106F0110/00K000 Flanders 2,116 m² 1 · 6 m² 4.2 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
20-10-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
2024
21-05-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
05-04-2024
State Gazette act Director changes
Koen Boogaerts
2023
23-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
29-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
16-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
26-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
23-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
30-05-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
02-06-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
19-05-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
05-04-2024 1 director appointed, 3 resigning Director changes·Koen Boogaerts
  • CLÉMENS Mario, Enig bestuurder
  • Clémens Mario, Bestuurder
  • Clémens Kristien, Bestuurder
  • Clémens Olivier, Bestuurder
Notary: Koen Boogaerts · Aarschot
Technical details 
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    {
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  "notary": {
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  "act_meta": {
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    "act_kind_objet": "Onderwerp akte:"
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  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2024-03-21",
      "unanimous": true
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Personenvervoer over de weg zonder dienstregeling49320Overig personenvervoer te land, n.e.g.49390Overig vervoer van personen te land60230Reisbureaus63301Reisbureaus79110Activiteiten van reisbureaus79110
Primary activity highlighted.
Names & trade names
Legal nameNL Pelikaancars
Registered office
Heuvelstraat 203
3390 Tielt-Winge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative