DEELBEL
ActiveSummary
DEELBEL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33.39M and a net result of €18.09M. Equity is growing by ~33.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+50
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 6.54 against 3.52 in 2024; short-term debt: 15.3% and cash: 0.1% of total assets), and 15.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.7%
Return on assets
45.9%
Age of the figures
9 mo
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
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 19-07-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
27 d late
2023
19 d late
2022
25 d late
2021
17 d late
2020
27 d late
2019
49 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18.09M▲ 113%
2024 · €8.49M
2018: €1.42M
2019: €744k
2020: €160k
2021: €2.14M
2022: €678k
2023: €345k
2024: €8.49M
2018 → 2025
Working capital
€33.37M▲ 118%
2024 · €15.28M
2018: €2.68M
2019: €3.30M
2020: €3.51M
2021: €5.69M
2022: €6.41M
2023: €6.80M
2024: €15.28M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.79M-€6.47M▲ 11.7%€6.81M▲ 5.3%€15.30M▲ 125%€33.39M▲ 118%
Operating result€-20k-€-16k▲ 22.2%€-65k▼ 310%€-82k▼ 26.4%€-54k▲ 33.7%
Net result€2.14M-€678k▼ 68.3%€345k▼ 49.1%€8.49M▲ 2,359%€18.09M▲ 113%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €54k in 2025 against €82k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39.41M
Fixed assets
€15k =
Current assets
€39.39M ▲ 84.6%
Equity and liabilities €39.41M
Equity
€33.39M ▲ 118%
Debt
€6.02M ▼ 0.5%
Debt's share of the balance-sheet total falls from 28.4% to 15.3%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
6.54▲
2024 · 3.52
Debt to equity
0.18▼
2024 · 0.40
ROE
54.2%▼
2024 · 55.5%
ROA
45.9%▲
2024 · 39.7%
Debt ≤ 1 year
€6.02M▼
2024 · €6.06M
Income taxes
€2k▼
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€21.35M€39.41M▲
Fixed assets21/28€15k€15k=
Financial fixed assets28€15k€15k=
Current assets29/58€21.34M€39.39M▲
Amounts receivable within one year40/41€58k€358k▲
Trade receivables40€12k€2k▼
Other amounts receivable41€46k€356k▲
Current investments50/53€21.16M€38.99M▲
Cash at bank and in hand54/58€121k€44k▼
Equity and liabilities
Total equity and liabilities10/49€21.35M€39.41M▲
Equity10/15€15.30M€33.39M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€15.23M€33.32M▲
Non-distributable reserves130/1€155k€155k=
Legal reserve130€155k€155k=
Distributable reserves133€15.08M€33.17M▲
Amounts payable17/49€6.06M€6.02M▼
Amounts payable within one year42/48€6.06M€6.02M▼
Trade debts44-€9k
Suppliers440/4-€9k
Taxes, remuneration and social security45-€23k
Taxes450/3-€23k
Other amounts payable47/48€6.06M€5.99M▼
Income statement
Code20242025
Remuneration, social security and pensions62€11k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€814-
Other operating charges640/8€4k€3k▼
Gross operating margin9900€-66k€-52k▲
Operating profit (loss)9901€-82k€-54k▲
Financial income75/76B€8.64M€18.18M▲
Recurring financial income75€8.64M€18.18M▲
Financial charges65/66B€28k€35k▲
Recurring financial charges65€28k€35k▲
Profit (loss) for the period before taxes9903€8.53M€18.09M▲
Income taxes67/77€40k€2k▼
Profit (loss) for the period9904€8.49M€18.09M▲
Profit (loss) for the period to be appropriated9905€8.49M€18.09M▲
Appropriation of the result
Profit (loss) to be appropriated9906€8.49M€18.09M▲
Transfer to equity691/2€8.49M€18.09M▲
To other reserves6921€8.49M€18.09M▲
Social balance
Average headcount (FTE)90870.6-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-09
State Gazette act
Appointment: Audrey Engelen (managing director)2 facts ▸
State Gazette act
Appointment: Audrey Engelen (managing director)
2 facts ▸
- Board meeting, 19-08-2026
- Director appointment, Audrey Engelen (managing director)
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
24-03
State Gazette act
Resignation: TIELEMAN Peter (director)Appointment: TYTGAT Johan Frans André Josef (opvolgend bestuurder ingeval van overlijden of bestendige onbekwaamheid van mevrouw engelen audrey) · Mandate compensation · Power of attorney6 facts ▸
State Gazette act
Resignation: TIELEMAN Peter (director)
Appointment: TYTGAT Johan Frans André Josef (opvolgend bestuurder ingeval van overlijden of bestendige onbekwaamheid van mevrouw engelen audrey) · Mandate compensation · Power of attorney6 facts ▸
- General meeting, 11/02/2026
- Director resignation, TIELEMAN Peter (director)
- Director appointment, TYTGAT Johan Frans André Josef (opvolgend bestuurder ingeval van overlijden of bestendige onbekwaamheid van mevrouw engelen audrey)
- Mandate compensation, TYTGAT Johan Frans André Josef
- Power of attorney, Laurent Liessens
- Sole shareholder
23-03
State Gazette act
Appointment: Hendrikus ENGELEN (gedelegeerd bestuurder)2 facts ▸
State Gazette act
Appointment: Hendrikus ENGELEN (gedelegeerd bestuurder)
2 facts ▸
- Board meeting, 02/03/2026
- Director appointment, Hendrikus ENGELEN (gedelegeerd bestuurder)
2025
31-12
Financial
Highest result since 2018net €18.09M ▲113%
Net result €18.09M, the highest in the series.
31-12
Financial
Equity above €25MEq €33.39M ▲118%
8 profitable years in a row build equity to €33.39M.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Equity above €10MEq €15.30M ▲125%
7 profitable years in a row build equity to €15.30M.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 19 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 25 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-12
Financial
Equity above €5MEq €5.79M ▲58.6%
4 profitable years in a row build equity to €5.79M.
Show earlier events
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €160k ▼78.5%
Net result drops to €160k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2026
Audrey Engelen
CurrentManaging director · since 19-08-2026
TYTGAT Johan Frans André Josef
CurrentOpvolgend bestuurder ingeval van overlijden of bestendige onbekwaamheid van mevrouw engelen audrey · since 24-03-2026
Hendrikus ENGELEN
CurrentGedelegeerd bestuurder · since 02-03-2026
19-08-2026
Audrey Engelen: Appointed as Managing director
24-03-2026
TYTGAT Johan Frans André Josef: Appointed as Opvolgend bestuurder ingeval van overlijden of bestendige onbekwaamheid van mevrouw engelen audrey
02-03-2026
Hendrikus ENGELEN: Appointed as Gedelegeerd bestuurder
25-09-2025
Peter TIELEMAN: Resigned as Director
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 1997
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.
Speelhofdreef 562970 SchildeGround area
1.0 ha
Building footprint
403 m²
Volume, LiDAR
2,726 m³
Parcel 11922C0323/00A002, Flanders · tallest building 21.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEELBEL NV
since 19972.082.478.746
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0323/00A002 | Flanders | 1.0 ha | 1 · 403 m² | 21.4 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.
Recognitions · licences · registrations
Legal Entity Identifier
9676002N74KL3FP0E485
Similar companies · same sector, comparable size
SOFFIMCO
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PFS GROUP
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THOVIN
BE 0836.893.927
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LANSWEEPER
BE 0538.668.417
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EURORAIL INTERNATIONAL
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 2,708 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-06-1997
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.