Skip to content

Delmote Engineering

Active
Private limited companyfounded 20188 yrs activeScheldestraat (P.) 8, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 0687.587.171

Delmote Engineering has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-58k) and a net result of €-66k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 404 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
7 / 100
Critical▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency38▲+23
Growth32=
Stability100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 1.04 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-43.3%
Return on assets
-49.4%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€58k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
on the day
2024
29 d late
2023
2 d late
2022
35 d early
2021
39 d early
2020
3 d early
2019
4 d early
← before the deadline after the deadline →
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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, abbreviated schema

Equity
€-58k
2024 · €8k
2018: €11k 2019: €8k 2020: €22k 2021: €24k 2022: €31k 2023: €39k 2024: €8k
2018 → 2025
Total assets
€133k▼ 18.3%
2024 · €163k
2018: €13k 2019: €25k 2020: €57k 2021: €47k 2022: €127k 2023: €138k 2024: €163k
2018 → 2025
Net result
€-66k▼ 116%
2024 · €-31k
2018: €-7k 2019: €-3k 2020: €14k 2021: €2k 2022: €7k 2023: €8k 2024: €-31k
2018 → 2025
Working capital
€-58k
2024 · €6k
2018: €8k 2019: €6k 2020: €19k 2021: €21k 2022: €29k 2023: €39k 2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€24k-€31k▲ 29.9%€39k▲ 24.0%€8k▼ 78.9%€-58k
Operating result€3k-€11k▲ 275%€8k▼ 25.5%€-31k€-66k▼ 116%
Net result€2k-€7k▲ 253%€8k▲ 4.4%€-31k€-66k▼ 116%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-80k€-60k€-40k€-20k€0€20kOperating result 2021: €3k€3kNet result 2021: €2k€2kOperating result 2022: €11k€11kNet result 2022: €7k€7kOperating result 2023: €8k€8kNet result 2023: €8k€8kOperating result 2024: €-31k€-31kNet result 2024: €-31k€-31kOperating result 2025: €-66k€-66kNet result 2025: €-66k€-66k20212022202320242025
The operating result stays negative: a loss of €66k in 2025 against €31k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133k
Fixed assets €407▼ 78.1%
Current assets €133k▼ 17.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-66k
2024 · €-30k
Cash flow
€-66k
2024 · €-30k
Solvency
-43.3%
2024 · 5.0%
Current ratio
0.70
2024 · 1.04
Quick ratio
0.52
2024 · 0.24
Debt / equity
-3.31
2024 · 18.98
ROE
114.1%
2024 · -374.0%
ROA
-49.4%
2024 · -18.7%
Interest coverage
-1559.34
2024 · -440.98
Debt
€191k
2024 · €155k
Debt ≤ 1 year
€191k
2024 · €155k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€163k€133k
Fixed assets21/28€2k€407
Tangible fixed assets22/27€2k€407
Plant, machinery and equipment23€998€407
Furniture and vehicles24€866€0
Current assets29/58€161k€133k
Stocks and contracts in progress3€125k€34k
Stocks30/36€86k€34k
Contracts in progress37€38k€0
Amounts receivable within one year40/41€20k€51k
Trade receivables40€17k€46k
Other amounts receivable41€3k€5k
Cash at bank and in hand54/58€17k€49k
Equity and liabilities
Total equity and liabilities10/49€163k€133k
Equity10/15€8k€-58k
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-23k€-89k
Amounts payable17/49€155k€191k
Amounts payable within one year42/48€155k€191k
Trade debts44€39k€76k
Suppliers440/4€39k€76k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€115k€115k=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€336€175
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€7k
Other operating charges640/8€239€144
Gross operating margin9900€-30k€-58k
Operating profit (loss)9901€-31k€-66k
Financial income75/76B€38€1
Recurring financial income75€38€1
Financial charges65/66B€68€42
Recurring financial charges65€68€42
Profit (loss) for the period before taxes9903€-31k€-66k
Income taxes67/77€0-
Profit (loss) for the period9904€-31k€-66k
Profit (loss) for the period to be appropriated9905€-31k€-66k
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-89k
Profit (loss) brought forward from the previous period14P-€-23k
Transfer from equity791/2€8k€0
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
02-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €14k
Net result €14k after 2 loss-making years.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
22-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Financial milestoneNBB 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, Wortegem-Petegem · 1 establishment unit since 2018
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.

Scheldestraat (P.) 89790 Wortegem-Petegem
Ground area
4,419 m²
Building footprint
150 m²
Volume, LiDAR
761 m³
Parcel 45039C0273/00D000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Delmote Engineering
Scheldestraat (P.) 8, 9790 Wortegem-PetegemManufacture of electrical equipment
since 20182.271.425.145
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45039C0273/00D000 Flanders 4,419 m² 1 · 150 m² 6.8 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 2025 · 4 entries · 3,056 EUR awarded · 3,056 EUR paid
Year Entries awardedpaid
2025 1 0 EUR140 EUR
2024 1 314 EUR174 EUR
2023 1 2,490 EUR2,490 EUR
2022 1 252 EUR252 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 3,056 EUR · 3,056 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 268 companies in sector 28220 we hold annual accounts for 231. 26 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-01-2018
Fiscal year end31-12
Activities, NACEBEL
28220Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
46630Wholesale trade
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
Enterprise
E-mail:christophe@delmote-engineering.be
Enterprise