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DELAGO

Active
Private limited companyfounded 201114 yrs activeOude Baan 10, 2820 Bonheiden, BelgiumKBO/BCE: BE 0841.314.949
Summary

DELAGO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €221k and a net result of €42k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
86 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▼-9
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 5.83 against 5.45 in 2023; short-term debt: 16.1% and cash: 16.6% of total assets), and 16.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
71 d late
2021
61 d late
2020
92 d late
2019
153 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€221k▲ 13.8%
2023 · €194k
2018: €63k 2019: €80k 2020: €81k 2021: €96k 2022: €143k 2023: €194k
2018 → 2024
Total assets
€263k▲ 15.1%
2023 · €229k
2018: €73k 2019: €104k 2020: €155k 2021: €138k 2022: €182k 2023: €229k
2018 → 2024
Net result
€42k▼ 20.4%
2023 · €53k
2018: €8k 2019: €17k 2020: €21k 2021: €32k 2022: €49k 2023: €53k
2018 → 2024
Working capital
€204k▲ 32.4%
2023 · €154k
2018: €32k 2019: €50k 2020: €46k 2021: €52k 2022: €108k 2023: €154k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€81k-€96k▲ 17.9%€143k▲ 49.6%€194k▲ 35.6%€221k▲ 13.8%
Operating result€74k-€48k▼ 35.1%€68k▲ 41.5%€79k▲ 16.2%€64k▼ 19.5%
Net result€21k-€32k▲ 50.1%€49k▲ 53.3%€53k▲ 7.2%€42k▼ 20.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €74k€74kNet result 2020: €21k€21kOperating result 2021: €48k€48kNet result 2021: €32k€32kOperating result 2022: €68k€68kNet result 2022: €49k€49kOperating result 2023: €79k€79kNet result 2023: €53k€53kOperating result 2024: €64k€64kNet result 2024: €42k€42k20202021202220232024€0€20k€40k€60k€80kOperating result 2022: €68k€68kNet result 2022: €49k€49kOperating result 2023: €79k€79kNet result 2023: €53k€53kOperating result 2024: €64k€64kNet result 2024: €42k€42k202220232024
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €263k
Fixed assets €17k ▼ 58.3%
Current assets €247k ▲ 30.5%
Equity and liabilities €263k
Equity €221k ▲ 13.8%
Debt €42k ▲ 22.0%
Debt's share of the balance-sheet total rises from 15.2% to 16.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€68k
2023 · €84k
Cash flow
€46k
2023 · €57k
Current ratio
5.83
2023 · 5.45
Debt to equity
0.19
2023 · 0.18
ROE
18.9%
2023 · 27.1%
ROA
15.9%
2023 · 23.0%
Interest coverage
15.41
2023 · 15.98
Debt ≤ 1 year
€42k
2023 · €35k
Income taxes
€18k
2023 · €21k
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 · 2024 against 2023 · 55 lines
Balance sheet Code20232024
Assets
Total assets20/58€229k€263k
Fixed assets21/28€40k€17k
Tangible fixed assets22/27€16k€17k
Furniture and vehicles24€12k€13k
Other tangible fixed assets26€4k€4k
Financial fixed assets28€24k€0
Current assets29/58€189k€247k
Amounts receivable after more than one year29€70k€70k=
Other amounts receivable291€70k€70k=
Amounts receivable within one year40/41€39k€57k
Trade receivables40€22k€22k
Other amounts receivable41€17k€35k
Current investments50/53€30k€59k
Cash at bank and in hand54/58€30k€44k
Deferred charges and accrued income490/1€21k€17k
Equity and liabilities
Total equity and liabilities10/49€229k€263k
Equity10/15€194k€221k
Contributions10/11€6k€6k=
Reserves13€182k€207k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€515€515=
Distributable reserves133€182k€207k
Profit (loss) carried forward14€5k€7k
Amounts payable17/49€35k€42k
Amounts payable within one year42/48€35k€42k
Financial debts43€9k€19k
Credit institutions430/8€9k€19k
Trade debts44€3k€3k
Suppliers440/4€3k€3k
Taxes, remuneration and social security45€20k€6k
Taxes450/3€20k€6k
Other amounts payable47/48€2k€15k
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k
Other operating charges640/8€397€1k
Non-recurring operating charges66A-€24k
Gross operating margin9900€85k€93k
Operating profit (loss)9901€79k€64k
Financial income75/76B€0€1
Recurring financial income75€0€1
Financial charges65/66B€5k€4k
Recurring financial charges65€5k€4k
Profit (loss) for the period before taxes9903€74k€59k
Income taxes67/77€21k€18k
Profit (loss) for the period9904€53k€42k
Profit (loss) for the period to be appropriated9905€53k€42k
Appropriation of the result
Profit (loss) to be appropriated9906€57k€47k
Profit (loss) brought forward from the previous period14P€4k€5k
Transfer from equity791/2-€15k
Transfer to equity691/2€50k€40k
To other reserves6921€50k€40k
Profit to be distributed694/7€2k€15k
Return on contributions (dividend)694€2k€15k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Equity above €200kEq €221k ▲13.8%
7 profitable years in a row build equity to €221k.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Highest result since 2018net €53k ▲7.2%
Operating result €79k, net result €53k, both a record.
31-12
Financial Equity above €150kEq €194k ▲35.6%
6 profitable years in a row build equity to €194k.
10-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial Equity above €100kEq €143k ▲49.6%
5 profitable years in a row build equity to €143k.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
04-01
State Gazette act General meeting · Approval
Capital increase · Capital
2020
31-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Show earlier events
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
25-01
State Gazette act General meeting · Accounting effect
Capital increase · Legal-form conversion · Stijn JOYE
25-01
State Gazette act General meeting · Registered-office move
Capital increase · Capital · Stijn JOYE
Financial milestoneState Gazette actNBB 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, Bonheiden · 1 establishment unit since 2011
establishment The establishment unit on the map
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.

Oude Baan 102820 Bonheiden
Ground area
3,912 m²
Building footprint
180 m²
Volume, LiDAR
1,040 m³
Parcel 12005D0311/00L002, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DELAGO
Oude Baan 10, 2820 BonheidenActivities of head offices; management consultancy activities
since 20112.204.695.479
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12005D0311/00L002 Flanders 3,912 m² 1 · 180 m² 6.5 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.

Structure & network

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
3 locations

Similar companies · same sector, comparable size

Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,059 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 formPrivate limited company
Founded07-11-2011
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.