DELANGHE
ActiveSummary
DELANGHE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €582k and a net result of €68k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+19
Solvency58▼-1
Growth46=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.12 in 2024; short-term debt: 66.7% and cash: 1.7% of total assets), and 66.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 82
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
33.2%
Return on assets
3.9%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
28 d late
2023
26 d late
2022
16 d late
2021
15 d early
2020
42 d early
2019
87 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, abbreviated schema
Turnover
€7.01M▼ 0.1%
2023 · €7.01M
2023: €7.01M
2023 → 2024
EBIT margin
-0.3%▼ 1.9pp
2023 · 1.6%
2023: 1.6%
2023 → 2024
Net result
€68k
2024 · €-49k
2018: €165k
2019: €144k
2020: €253k
2021: €239k
2022: €148k
2023: €53k
2024: €-49k
2018 → 2025
Working capital
€-20k
2024 · €106k
2018: €65k
2019: €-125k
2020: €-157k
2021: €-162k
2022: €-184k
2023: €123k
2024: €106k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€7.01M€7.01M▼ 0.1%
Equity€422k-€570k▲ 35.2%€563k▼ 1.2%€514k▼ 8.8%€582k▲ 13.3%
Operating result€334k-€229k▼ 31.5%€111k▼ 51.3%€-21k€124k
Net result€239k-€148k▼ 38.0%€53k▼ 64.2%€-49k€68k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €124k after a loss of €21k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.75M
Fixed assets
€603k ▲ 13.7%
Current assets
€1.15M ▲ 15.2%
Equity and liabilities €1.75M
Equity
€582k ▲ 13.3%
Debt
€1.17M ▲ 15.4%
Debt's share of the balance-sheet total rises from 66.4% to 66.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€251k▼
2024 · €254k
Cash flow
€195k▼
2024 · €226k
Current ratio
0.98▼
2024 · 1.12
Quick ratio
0.85▼
2024 · 1.00
Debt to equity
2.01▲
2024 · 1.97
ROE
11.7%▲
2024 · -9.6%
ROA
3.9%▲
2024 · -3.2%
Interest coverage
12.46▲
2024 · 10.27
Debt ≤ 1 year
€1.17M▲
2024 · €891k
Debt > 1 year
€0▼
2024 · €123k
Income taxes
€36k▲
2024 · €4k
Staff costs
€1.27M▼
2024 · €1.33M
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 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.53M€1.75M▲
Fixed assets21/28€531k€603k▲
Tangible fixed assets22/27€356k€376k▲
Land and buildings22€222k€2k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€126k€136k▲
Other tangible fixed assets26-€192k
Assets under construction and advance payments27-€40k
Financial fixed assets28€174k€228k▲
Current assets29/58€997k€1.15M▲
Stocks and contracts in progress3€108k€150k▲
Stocks30/36€108k€150k▲
Amounts receivable within one year40/41€802k€868k▲
Trade receivables40€573k€542k▼
Other amounts receivable41€230k€326k▲
Cash at bank and in hand54/58€75k€30k▼
Deferred charges and accrued income490/1€11k€101k▲
Equity and liabilities
Total equity and liabilities10/49€1.53M€1.75M▲
Equity10/15€514k€582k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€501k€520k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€492k€511k▲
Profit (loss) carried forward14€-49k€0▲
Amounts payable17/49€1.01M€1.17M▲
Amounts payable after more than one year17€123k€0▼
Other amounts payable178/9€123k€0▼
Amounts payable within one year42/48€891k€1.17M▲
Current portion of amounts payable after more than one year42€273k€123k▼
Financial debts43-€110k
Credit institutions430/8-€110k
Trade debts44€419k€696k▲
Suppliers440/4€419k€696k▲
Taxes, remuneration and social security45€199k€210k▲
Taxes450/3€41k€50k▲
Remuneration and social security454/9€158k€159k▲
Other amounts payable47/48-€30k
Accrued charges and deferred income492/3€31€2k▲
Income statement
Code20242025
Turnover70€7.01M-
Non-recurring operating income76A€24k€605▼
Goods, raw materials, services and sundry goods60/61€5.43M-
Remuneration, social security and pensions62€1.33M€1.27M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€275k€127k▼
Other operating charges640/8€13k€10k▼
Gross operating margin9900€1.60M€1.53M▼
Operating profit (loss)9901€-21k€124k▲
Financial income75/76B€673€739▲
Recurring financial income75€673€739▲
Financial charges65/66B€25k€20k▼
Recurring financial charges65€25k€20k▼
Profit (loss) for the period before taxes9903€-45k€104k▲
Income taxes67/77€4k€36k▲
Profit (loss) for the period9904€-49k€68k▲
Profit (loss) for the period to be appropriated9905€-49k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€19k▲
Profit (loss) brought forward from the previous period14P€554€-49k▼
Transfer to equity691/2-€19k
To other reserves6921-€19k
Social balance
Average headcount (FTE)908727.425.4▼
The notes to these accounts (21 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
21-08
State Gazette act
Capital & shares · Purpose · Restructuring · MiscellaneousDemerger · Capital decrease · Net-asset statement11 facts ▸
State Gazette act
Capital & shares · Purpose · Restructuring · Miscellaneous
Demerger · Capital decrease · Net-asset statement11 facts ▸
- General meeting, 24-07-2026
- Demerger, 24-07-2026
- Capital decrease, €13.320,01
- Net-asset statement, 31-12-2025
- Accounting effect, 01-01-2026
- Capital increase, €13.320
- Capital, €61.500
- Purpose change, Detailhandel in telecommunicatieapparatuur in gespecialiseerde winkels; Draadloze telecommunicatie en verlenen van diensten als verdeler van TELECOM; Dienstverl…
- Statutes amendment
- Statutes amendment
- Power of attorney, Deloitte. Accountancy, Tax & Legal Services BV
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €68k
Net result €68k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-49k ▼193%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
31-12
Financial
Equity above €500kEq €570k ▲35.2%
5 profitable years in a row build equity to €570k.
16-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €253k ▲75.4%
Net result €253k, the highest in the series.
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 10 establishment units since 1987
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.
Elisabethlaan 28400 OostendeGround area
1.1 ha
Building footprint
4,650 m²
Volume, LiDAR
52,846 m³
10 parcels, Flanders · tallest building 27.1 m, ±8 floors. Linked by address, not a title deed.
10 establishment units
DELANGHE
since 19872.032.756.348
DELANGHE
since 20052.147.048.676
DELANGHE
since 20072.166.344.055
DELANGHE
since 20092.177.771.645
DELANGHE
since 20112.183.614.312
DELANGHE
since 20162.254.906.144
Show 4 more locations
DELANGHE
since 20202.304.939.734
DELANGHE
since 20222.331.530.404
DELANGHE
since 20222.331.530.996
DELANGHE
since 20222.331.531.194
10 parcels
Flanders
10
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384E0626/00G000 | Flanders | 3,307 m² | 1 · 372 m² | 16.9 m · 4 fl. |
| 33011D0187/02E004 | Flanders | 2,272 m² | 1 · 1,199 m² | 16.4 m · 3 fl. |
| 33021E0204/00L000 | Flanders | 1,587 m² | 1 · 490 m² | 4.9 m · 1 fl. |
| 38402D0444/00C000 | Flanders | 1,135 m² | 1 · 489 m² | 16.5 m · 4 fl. |
| 44815F2604/00X000 | Flanders | 898 m² | 1 · 911 m² | 27.1 m · 8 fl. |
| 36505A0003/00N002 | Flanders | 671 m² | 1 · 270 m² | 6.5 m · 2 fl. |
| 35384A0157/02W002 | Flanders | 455 m² | 1 · 455 m² | 18.3 m · 5 fl. |
| 31804D1239/00F000 | Flanders | 250 m² | 1 · 235 m² | 13.8 m · 4 fl. |
| 34040C0276/02L008 | Flanders | 164 m² | 1 · 122 m² | 15.6 m · 4 fl. |
| 32003B0004/00B002 | Flanders | 110 m² | 1 · 108 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 9
10 of 10 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Acquisitions and mergers
1 transactionSplit off to:DELANGHE VASTGOED
Capital and shareholders
Capital over the years
- 21-08-2026 Capital reduction of 13,320.01 EUR · to 48,180 EUR · in a demerger
- 21-08-2026 Capital increase of 13,320 EUR · to 61,500 EUR · from reserves
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 14,034 EUR awarded · 14,034 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,689 EUR | 1,689 EUR |
| 2024 | 1 | 60 EUR | 60 EUR |
| 2022 | 2 | 12,285 EUR | 12,285 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
WMA SERVICES
BE 0664.758.618
Genk · Eq €581,438
Black
BE 0771.299.755
Brasschaat · Eq €581,950
MAJACO
BE 0644.951.119
Brugge · Eq €582,109
Dabadoe
BE 0687.980.913
Londerzeel · Eq €581,121
Kjeara
BE 0766.371.660
Hoeilaart · Eq €582,239
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 5,609 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
Founded30-03-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
82990Other business support services
47400Retail sale of information and communication equipment
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.