Summary
DELINVEST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €10.77M and a net result of €526k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 2394 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
1 d early
2023
30 d late
2022
6 d early
2021
31 d early
2020
1 d early
2019
12 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 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, full schema
Equity
€10.77M▲ 4.3%
2024 · €10.33M
2018: €7.11M
2019: €6.65M
2020: €6.54M
2021: €6.96M
2022: €8.08M
2023: €9.99M
2024: €10.33M
2018 → 2025
Net result
€526k▲ 25.2%
2024 · €420k
2018: €231k
2019: €-458k
2020: €-112k
2021: €424k
2022: €176k
2023: €1.90M
2024: €420k
2018 → 2025
Total assets
€13.83M▲ 26.2%
2024 · €10.96M
2018: €7.19M
2019: €6.68M
2020: €6.60M
2021: €7.01M
2022: €8.14M
2023: €10.05M
2024: €10.96M
2018 → 2025
Solvency
77.9%▼ 16.3pp
2024 · 94.2%
2018: 98.9%
2019: 99.5%
2020: 99.1%
2021: 99.3%
2022: 99.2%
2023: 99.4%
2024: 94.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.96M-€8.08M▲ 16.0%€9.99M▲ 23.6%€10.33M▲ 3.4%€10.77M▲ 4.3%
Operating result€412k-€394k▼ 4.2%€441k▲ 11.8%€470k▲ 6.5%€496k▲ 5.7%
Net result€424k-€176k▼ 58.5%€1.90M▲ 982%€420k▼ 78.0%€526k▲ 25.2%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.83M
Fixed assets
€8.04M ▲ 42.8%
Current assets
€5.78M ▲ 8.6%
Equity and liabilities €13.83M
Equity
€10.77M ▲ 4.3%
Debt
€3.06M ▲ 381%
Debt's share of the balance-sheet total rises from 5.8% to 22.1%. Equity and debt are higher.
Key figures and ratios
ROE
4.9%▲
2024 · 4.1%
ROA
3.8%▼
2024 · 3.8%
Debt ≤ 1 year
€373k▲
2024 · €196k
Debt > 1 year
€2.34M▲
2024 · €6k
Income taxes
€138k▲
2024 · €130k
Staff costs
€0▼
2024 · €86k
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 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.96M€13.83M▲
Fixed assets21/28€5.63M€8.04M▲
Tangible fixed assets22/27€2.38M€4.79M▲
Land and buildings22€2.29M€4.72M▲
Plant, machinery and equipment23€477€0▼
Furniture and vehicles24€87k€76k▼
Financial fixed assets28€3.25M€3.25M=
Current assets29/58€5.33M€5.78M▲
Amounts receivable within one year40/41€268k€107k▼
Trade receivables40€163k€100k▼
Other amounts receivable41€105k€8k▼
Current investments50/53€3.62M€3.63M▲
Cash at bank and in hand54/58€1.43M€2.04M▲
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€10.96M€13.83M▲
Equity10/15€10.33M€10.77M▲
Contributions10/11€5.66M€5.66M=
Capital10€5.66M€5.66M=
Issued capital100€5.66M€5.66M=
Outside capital11€6k€6k=
Share premium1100/10€6k€6k=
Reserves13€666k€806k▲
Non-distributable reserves130/1€566k€566k=
Legal reserve130€566k€566k=
Distributable reserves133€100k€240k▲
Profit (loss) carried forward14€4.00M€4.30M▲
Amounts payable17/49€636k€3.06M▲
Amounts payable after more than one year17€6k€2.34M▲
Financial debts170/4-€2.34M
Other amounts payable178/9€6k€6k=
Amounts payable within one year42/48€196k€373k▲
Current portion of amounts payable after more than one year42-€128k
Trade debts44€39k€19k▼
Suppliers440/4€39k€19k▼
Advances received on contracts in progress46€38k€13k▼
Taxes, remuneration and social security45€38k€70k▲
Taxes450/3€38k€70k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€81k€144k▲
Accrued charges and deferred income492/3€434k€341k▼
Income statement
Code20242025
Remuneration, social security and pensions62€86k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97k€153k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-83k€6k▲
Other operating charges640/8€92k€119k▲
Gross operating margin9900€661k€775k▲
Operating profit (loss)9901€470k€496k▲
Financial income75/76B€94k€242k▲
Recurring financial income75€94k€242k▲
Financial charges65/66B€13k€74k▲
Recurring financial charges65€13k€74k▲
Profit (loss) for the period before taxes9903€550k€664k▲
Income taxes67/77€130k€138k▲
Profit (loss) for the period9904€420k€526k▲
Profit (loss) for the period to be appropriated9905€420k€526k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.18M€4.52M▲
Profit (loss) brought forward from the previous period14P€3.76M€4.00M▲
Transfer to equity691/2€100k€140k▲
To other reserves6921€100k€140k▲
Profit to be distributed694/7€80k€80k=
Return on contributions (dividend)694€80k€80k=
Social balance
Average headcount (FTE)90870.40.0▼
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €10MEq €10.33M ▲3.4%
4 profitable years in a row build equity to €10.33M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €1.90M ▲982%
Net result €1.90M, the highest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €424k
Net result €424k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 12 days late
2019
31-12
Financial
Weakest financial yearnet €-458k ▼298%
Net result drops to €-458k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 9current ratio 254.71
Current ratio from 29.96 to 254.71; short-term debt falls from €71k to €7k.
Show earlier events
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Tielt · 1 establishment unit 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.
Gentstraat 1228760 TieltGround area
3,715 m²
Building footprint
396 m²
Volume, LiDAR
2,240 m³
Parcel 37322D0078/00K000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DELINVEST
since 19872.031.490.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37322D0078/00K000 | Flanders | 3,715 m² | 1 · 396 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 232 EUR awarded · 232 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 232 EUR |
| 2022 | 1 | 232 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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SVH
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 5,841 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
Founded15-04-1987
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.delinvest.be
E-mail:info@delinvest.be