DELARUE
DELARUE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €-17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 13549 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
| Equity | €129k |
| Net result | €-17k |
| Staff (FTE) | 1 |
| Better than sector | 36% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.7% | 29.9% | |
| Net result | €-17k | €6k | |
| Equity | €129k | €79k | |
| Gross operating margin | €146k | €41k | |
| Staff costs | €68k | €28k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €63k | €296k | €21k | €47k |
| Net profit | €-17k | €187k | €-60k | €-33k |
| Cash flow | €47k | €243k | €4k | €35k |
| Staff costs | €68k | €62k | €64k | €51k |
| Income taxes | €466 | €19k | €423 | €392 |
| Dividends | - | - | - | - |
| Total assets | €944k | €866k | €1.01M | €972k |
| Equity | €129k | €147k | €-41k | €20k |
| Debt | €815k | €719k | €1.05M | €952k |
| of which ≤ 1y | €137k | €441k | €761k | €659k |
| of which > 1y | €675k | €274k | €283k | €291k |
| Working capital | €21k | €-317k | €-629k | €-536k |
| Employees (FTE) | 1.0 | 1.0 | 1.0 | 1.0 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.16 | 0.28 | 0.17 | 0.19 |
| Quick ratio | 1.16 | 0.28 | 0.17 | 0.19 |
| Working capital ratio | 2.3% | -36.6% | -62.5% | -55.1% |
| Solvency | 13.7% | 16.9% | -4.1% | 2.0% |
| Debt / equity | 6.30 | 4.90 | -25.63 | 48.51 |
| Long-term debt ratio | 5.21 | 1.87 | -6.93 | 14.81 |
| Interest coverage | 4.20 | 8.70 | 1.27 | 4.08 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -1.8% | 21.7% | -6.0% | -3.4% |
| ROE | -13.3% | 127.9% | 148.0% | -166.7% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €944k | €866k | €1.01M | €972k |
| Fixed assets | 21/28 | €786k | €742k | €875k | €848k |
| Tangible fixed assets | 22/27 | €786k | €742k | €875k | €848k |
| Current assets | 29/58 | €158k | €124k | €132k | €123k |
| Amounts receivable within one year | 40/41 | €148k | €117k | €117k | €120k |
| Cash & bank | 54/58 | €8k | €3k | €0 | €1k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €944k | €866k | €1.01M | €972k |
| Equity | 10/15 | €129k | €147k | €-41k | €20k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €376k | €376k | €189k | €189k |
| Accumulated profits (losses) | 14 | €-541k | €-523k | €-523k | €-463k |
| Amounts payable | 17/49 | €815k | €719k | €1.05M | €952k |
| Amounts payable after one year | 17 | €675k | €274k | €283k | €291k |
| Amounts payable within one year | 42/48 | €137k | €441k | €761k | €659k |
| Trade debts payable within one year | 44 | €886 | €1k | €17k | €317 |
| Income statement | |||||
| Gross operating margin | 9900 | €146k | €373k | €98k | €111k |
| Operating result | 9901 | €-2k | €241k | €-43k | €-21k |
| Financial income | 75 | €0 | €2 | €3 | €0 |
| Financial charges | 65 | €15k | €34k | €17k | €12k |
| Result before taxes | 9903 | €-17k | €207k | €-60k | €-32k |
| Income taxes | 67/77 | €466 | €19k | €423 | €392 |
| Net result for the period | 9904 | €-17k | €187k | €-60k | €-33k |
| Result to be appropriated | 9905 | €-17k | €187k | €-60k | €-33k |
-
Dirk DefrèreDirectorState Gazette act 23458208 (14-12-2023)Current14-12-2023 → present
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 27-06-2001 |
| Status | Active |
| Postal code | 9000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0829/00W002 | Flanders | 164 m² | 1 · 90 m² | 18.1 m · 6 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-12-2023 Dirk Defrère appointed as director
- Dirk Defrère, Bestuurder
Technical details
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"notary": {
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"act_meta": {
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}| Legal nameNL | DELARUE |