DEL DIFFUSION
ActiveSummary
DEL DIFFUSION has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €665k and a net result of €-7k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 45% of 2284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The figures in the accounts for fiscal year 2025 give a score of 59 on their own. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-17
Solvency60▼-24
Growth70▲+5
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days only on tighter terms
Liquidity ample (current ratio 1.62 against 2.46 in 2024; short-term debt: 60.7% and cash: 37% of total assets), but 64.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-08-2026, 184 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
184 d late
2024
11 d late
2023
304 d late
2022
339 d late
2021
658 d late
2020
29 d late
2019
395 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€866k▲ 29.4%
2024 · €669k
2019: €607k
2020: €740k▲ +21.8% vs 2019
2021: €240k▼ -67.5% vs 2020lowest in 7 years
2022: €571k▲ +137% vs 2021
2023: €832k▲ +45.8% vs 2022
2024: €669k▼ -19.6% vs 2023
2025: €866k▲ +29.4% vs 2024highest in 7 years
2019 → 2025
EBIT margin
-0.7%▼ 2.7pp
2024 · 2.0%
2019: 11.4%
2020: 14.8%▲ +29.5% vs 2019
2021: 16.7%▲ +13.0% vs 2020highest in 7 years
2022: 1.0%▼ -94.3% vs 2021
2023: 2.6%▲ +173% vs 2022
2024: 2.0%▼ -22.8% vs 2023
2025: -0.7%▼ -137% vs 2024lowest in 7 years
2019 → 2025
Net result
€-7k
2024 · €3k
2019: €-26klowest in 7 years
2020: €42k▲ +258% vs 2019highest in 7 years
2021: €-21k▼ -151% vs 2020
2022: €10k▲ +145% vs 2021
2023: €11k▲ +14.8% vs 2022
2024: €3k▼ -74.5% vs 2023
2025: €-7k▼ -356% vs 2024
2019 → 2025
Working capital
€710k▲ 6.0%
2024 · €670k
2019: €625klowest in 7 years
2020: €683k▲ +9.4% vs 2019
2021: €645k▼ -5.7% vs 2020
2022: €714k▲ +10.8% vs 2021highest in 7 years
2023: €712k▼ -0.2% vs 2022
2024: €670k▼ -5.9% vs 2023
2025: €710k▲ +6.0% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€240k-€571k▲ 137%€832k▲ 45.8%€669k▼ 19.6%€866k▲ 29.4%
2021: €240klowest in 5 years
2022: €571k▲ +137% vs 2021
2023: €832k▲ +45.8% vs 2022
2024: €669k▼ -19.6% vs 2023
2025: €866k▲ +29.4% vs 2024highest in 5 years
Equity€649k-€659k▲ 1.5%€670k▲ 1.7%€672k▲ 0.4%€665k▼ 1.1%
2021: €649klowest in 5 years
2022: €659k▲ +1.5% vs 2021
2023: €670k▲ +1.7% vs 2022
2024: €672k▲ +0.4% vs 2023highest in 5 years
2025: €665k▼ -1.1% vs 2024
Operating result€40k-€5k▼ 86.5%€22k▲ 298%€13k▼ 37.9%€-6k
2021: €40khighest in 5 years
2022: €5k▼ -86.5% vs 2021
2023: €22k▲ +298% vs 2022
2024: €13k▼ -37.9% vs 2023
2025: €-6k▼ -148% vs 2024lowest in 5 years
Net result€-21k-€10k€11k▲ 14.8%€3k▼ 74.5%€-7k
2021: €-21klowest in 5 years
2022: €10k▲ +145% vs 2021
2023: €11k▲ +14.8% vs 2022highest in 5 years
2024: €3k▼ -74.5% vs 2023
2025: €-7k▼ -356% vs 2024
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.89M
Fixed assets
€33k ▲ 1,271%
Current assets
€1.86M ▲ 64.6%
Equity and liabilities €1.89M
Equity
€665k ▼ 1.1%
Debt
€1.23M ▲ 167%
Debt's share of the balance-sheet total rises from 40.6% to 64.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-624▼
2024 · €14k
Cash flow
€-1k▼
2024 · €3k
Current ratio
1.62▼
2024 · 2.46
Debt to equity
1.84▲
2024 · 0.68
ROE
-1.1%▼
2024 · 0.4%
ROA
-0.4%▼
2024 · 0.2%
Interest coverage
-0.82▼
2024 · 2.48
Debt ≤ 1 year
€1.15M▲
2024 · €459k
Staff costs
€1k▼
2024 · €3k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.13M€1.89M▲
Fixed assets21/28€2k€33k▲
Tangible fixed assets22/27-€31k
Furniture and vehicles24-€31k
Financial fixed assets28€2k€2k▲
Current assets29/58€1.13M€1.86M▲
Amounts receivable within one year40/41€716k€1.16M▲
Trade receivables40€708k€1.10M▲
Other amounts receivable41€8k€61k▲
Cash at bank and in hand54/58€413k€700k▲
Deferred charges and accrued income490/1€138€335▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.89M▲
Equity10/15€672k€665k▼
Contributions10/11€6k€6k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€663k€656k▼
Amounts payable17/49€459k€1.23M▲
Amounts payable within one year42/48€459k€1.15M▲
Trade debts44€243k€1.02M▲
Suppliers440/4€243k€1.02M▲
Advances received on contracts in progress46€37k€37k=
Taxes, remuneration and social security45€57k€80k▲
Taxes450/3€48k€72k▲
Remuneration and social security454/9€9k€9k▼
Other amounts payable47/48€122k€11k▼
Accrued charges and deferred income492/3€74€78k▲
Income statement
Code20242025
Turnover70€669k€866k▲
Goods, raw materials, services and sundry goods60/61€656k€865k▲
Remuneration, social security and pensions62€3k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120€6k▲
Other operating charges640/8€302€274▼
Gross operating margin9900€17k€1k▼
Operating profit (loss)9901€13k€-6k▼
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€5k€764▼
Recurring financial charges65€5k€764▼
Profit (loss) for the period before taxes9903€8k€-7k▼
Income taxes67/77€5k-
Profit (loss) for the period9904€3k€-7k▼
Profit (loss) for the period to be appropriated9905€3k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€663k€656k▼
Profit (loss) brought forward from the previous period14P€660k€663k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €240k | €571k | €832k | €669k | €866k | ▲ 29.4% |
| Goods, raw materials, services and sundry goods60/61 | €204k | €564k | €809k | €656k | €865k | ▲ 31.9% |
| Remuneration, social security and pensions62 | €623 | €163 | €499 | €3k | €1k | ▼ 51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €180 | €180 | €120 | €120 | €6k | ▲ 4,762% |
| Other operating charges640/8 | €209 | €290 | €298 | €302 | €274 | ▼ 9.4% |
| Gross operating margin9900 | €41k | €6k | €23k | €17k | €1k | ▼ 93.6% |
| Operating profit (loss)9901 | €40k | €5k | €22k | €13k | €-6k | ▼ 148% |
| Financial income75/76B | €200 | - | €72 | €4 | - | - |
| Recurring financial income75 | €200 | - | €72 | €4 | - | - |
| Financial charges65/66B | €3k | €2k | €4k | €5k | €764 | ▼ 86.0% |
| Recurring financial charges65 | €3k | €2k | €4k | €5k | €764 | ▼ 86.0% |
| Profit (loss) for the period before taxes9903 | €37k | €4k | €18k | €8k | €-7k | ▼ 191% |
| Income taxes67/77 | €58k | €-6k | €7k | €5k | - | - |
| Profit (loss) for the period9904 | €-21k | €10k | €11k | €3k | €-7k | ▼ 356% |
| Profit (loss) for the period to be appropriated9905 | €-21k | €10k | €11k | €3k | €-7k | ▼ 356% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.28M | €1.06M | €1.05M | €1.13M | €1.89M | ▲ 67.2% |
| Fixed assets21/28 | €4k | €4k | €3k | €2k | €33k | ▲ 1,271% |
| Tangible fixed assets22/27 | €420 | €240 | €120 | - | €31k | - |
| Furniture and vehicles24 | €420 | €240 | €120 | - | €31k | - |
| Financial fixed assets28 | €4k | €4k | €2k | €2k | €2k | ▲ 2.5% |
| Current assets29/58 | €1.27M | €1.05M | €1.04M | €1.13M | €1.86M | ▲ 64.6% |
| Amounts receivable within one year40/41 | €831k | €551k | €509k | €716k | €1.16M | ▲ 61.9% |
| Trade receivables40 | €828k | €512k | €485k | €708k | €1.10M | ▲ 55.0% |
| Other amounts receivable41 | €3k | €39k | €24k | €8k | €61k | ▲ 695% |
| Cash at bank and in hand54/58 | €441k | €497k | €533k | €413k | €700k | ▲ 69.5% |
| Deferred charges and accrued income490/1 | - | €3k | €999 | €138 | €335 | ▲ 142% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.28M | €1.06M | €1.05M | €1.13M | €1.89M | ▲ 67.2% |
| Equity10/15 | €649k | €659k | €670k | €672k | €665k | ▼ 1.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | €3k | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €640k | €649k | €660k | €663k | €656k | ▼ 1.1% |
| Amounts payable17/49 | €628k | €397k | €376k | €459k | €1.23M | ▲ 167% |
| Amounts payable within one year42/48 | €628k | €337k | €331k | €459k | €1.15M | ▲ 150% |
| Trade debts44 | €412k | €266k | €273k | €243k | €1.02M | ▲ 321% |
| Suppliers440/4 | €412k | €266k | €273k | €243k | €1.02M | ▲ 321% |
| Advances received on contracts in progress46 | €55k | - | - | €37k | €37k | = |
| Taxes, remuneration and social security45 | €155k | €71k | €45k | €57k | €80k | ▲ 41.5% |
| Taxes450/3 | €148k | €63k | €37k | €48k | €72k | ▲ 50.7% |
| Remuneration and social security454/9 | €7k | €8k | €9k | €9k | €9k | ▼ 5.8% |
| Other amounts payable47/48 | €7k | €324 | €12k | €122k | €11k | ▼ 90.7% |
| Accrued charges and deferred income492/3 | €39 | €60k | €45k | €74 | €78k | ▲ 105,277% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-21k | €10k | €11k | €3k | €-7k | ▼ 356% |
| + Depreciation and write-downs630 | €180 | €180 | €120 | €120 | €6k | ▲ 4,762% |
| Operating cash flow (approximation) | €-21k | €10k | €11k | €3k | €-1k | ▼ 147% |
| Investment in fixed assets (approximation) | - | €0 | €2k | €-40 | €-37k | ▼ 92,631% |
| Change in cash | - | €56k | €36k | €-120k | €287k | ▲ 340% |
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 184 days late
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 11 days late
2024
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 304 days late
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 339 days late
2023
20-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 658 days late
2022
30-06
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 395 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 735 days late
04-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1100 days late
2020
30-06
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 1158 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Wavre · 1 establishment unit since 1987
Ground area
5,381 m²
Building footprint
2,519 m²
Volume, LiDAR
14,233 m³
Parcel 25112B0047/00Z000, Wallonia · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Avenue Vésale 20, 1300 Wavre
since 19872.030.128.044
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0047/00Z000 | Wallonia | 5,381 m² | 1 · 2,518 m² | 6.7 m · 2 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.
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Of 4,571 companies in sector 82300 we hold annual accounts for 1,672. 874 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-08-1987
Fiscal year end30-06
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
90392Design and construction of stages and sets
90311Arts creation and performing arts activities
Scores and ratios are computed by Checked and are not a credit decision.