Active BE 0797.324.855Private limited company

DELARS SERVICES

Ruelle du Vieux Mayeur 8 ·4877 Olne, Belgium· 3 yrs active

Sector: Landscape service activities (81300)

Conclusion Checked

The computed 12-month bankruptcy probability of DELARS SERVICES is 3.4% (moderate). The 2024 annual accounts show equity of €5k and a net result of €1k. Its solvency ranks better than 24% of 5900 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€5k
Net result	€1k
Better than sector	24%
Active	3 yrs

Financial profile 5 of 5 axes measured · computed by Checked

70 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 56

Profitability 100

Solvency 21

Growth 78

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

3.4% Moderate

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

56 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€500

estimate, not credit advice

Score history

23 2023

56 2024

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.93 (< 1.0) -10

Leverage Debt/equity 4.80 (> 3.0) -10

Profitability ROE 25% (≥ 10%) +10

Interest coverage Interest coverage 9.2× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 04-06-2025 with the NBB · fiscal year 2024 · micro schema

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 81, Services to buildings and landscape activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	17.2%	41.5%	better than 24% of 5900 sector peers
Net result	€1k	€9k	better than 31% of 5883 sector peers
Equity	€5k	€48k	better than 16% of 5903 sector peers
Gross operating margin	€9k	€46k	better than 19% of 5877 sector peers
Total assets	€30k	€133k	better than 12% of 5901 sector peers

Revenue

€0

- 23-24

EBITDA

€9k

+92.6% 23-24

Net profit

€1k

- 23-24

Cash flow

€7k

+81.7% 23-24

Total assets

€30k

+6.2% 23-24

Equity

€5k

+32.6% 23-24

Working capital

€-1k

+77.6% 23-24

Staff costs

€2k

- 23-24

Income taxes

€804

- 23-24

Debt

€24k

+2.0% 23-24

Debt ≤ 1y

€14k

+42.5% 23-24

Debt > 1y

€10k

-26.2% 23-24

Current ratio

0.93

+74.9% 23-24

Quick ratio

0.93

+74.9% 23-24

Solvency

17.2%

+24.8% 23-24

Debt / equity

4.80

-23.1% 23-24

ROE

24.6%

- 23-24

ROA

4.2%

- 23-24

Interest coverage

9.17

+37.1% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024	2023
Deposit	micro schema	micro schema
Revenue	€0	-
EBITDA	€9k	€5k
Net profit	€1k	€-155
Cash flow	€7k	€4k
Staff costs	-	€2k
Income taxes	€804	€0
Dividends	-	-
Total assets	€30k	€28k
Equity	€5k	€4k
Debt	€24k	€24k
of which ≤ 1y	€14k	€10k
of which > 1y	€10k	€14k
Working capital	€-1k	€-5k
Employees (FTE)	-	-

Ratios (computed)

	2024	2023
Current ratio	0.93	0.53
Quick ratio	0.93	0.53
Working capital ratio	-3.5%	-16.7%
Solvency	17.2%	13.8%
Debt / equity	4.80	6.24
Long-term debt ratio	2.05	3.68
Interest coverage	9.17	6.69
Gross margin	-	-
Net margin	-	-
ROA	4.2%	-0.6%
ROE	24.6%	-4.0%
EBITDA margin	-	-
Days sales outstanding	-	-
Days payable outstanding	-	-
Inventory turnover	-	-
Days inventory (DSI)	-	-

Balance-sheet composition 2024

Assets

Fixed assets €16k · 54.5% Current assets €13k · 45.5%

Equity & liabilities

Equity €5k · 17.2% Debt €24k · 82.8%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€30k	€28k
Fixed assets	21/28	€16k	€21k
Formation expenses	20	€1k	€1k
Tangible fixed assets	22/27	€16k	€21k
Current assets	29/58	€13k	€5k
Amounts receivable within one year	40/41	€4k	€424
Cash & bank	54/58	€9k	€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€30k	€28k
Equity	10/15	€5k	€4k
Contributions / capital	10/11	€4k	€4k
Accumulated profits (losses)	14	€1k	€-155
Amounts payable	17/49	€24k	€24k
Amounts payable after one year	17	€10k	€14k
Amounts payable within one year	42/48	€14k	€10k
Trade debts payable within one year	44	€3k	€681
Income statement
Turnover	70	€0	-
Gross operating margin	9900	€9k	€7k
Operating result	9901	€3k	€552
Financial income	75	€0	-
Financial charges	65	€993	€707
Result before taxes	9903	€2k	€-155
Income taxes	67/77	€804	€0
Net result for the period	9904	€1k	€-155
Result to be appropriated	9905	€1k	€-155

Legal Structure

NACE primary	Landscape service activities(81300)
Legal form	Private limited company(610)
Incorporation	18-01-2023
Status	Active
Postal code	4877

Establishment units 1 location

DELARS SERVICES

Ruelle du Vieux Mayeur 8, 4877 OlneSupport activities for crop production

since 20232.340.500.726

Real-estate footprint Source: CBE × cadastre

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63057B0442/00K000	Wallonia	1,045 m²	1 · 132 m²	8.0 m · 2 fl.

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.

Updates 2 events

All 3Financial 1Filings 2

2025

04-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

28-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Landscape service activities81300Support activities for crop production01610Other building finishing work43350Other building cleaning and industrial cleaning81220Other business support services82990Other educational support services85699

Names & trade names

Legal nameFR	DELARS SERVICES
Trade nameFR	DELARS SERVICES

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