Delta Project Development
ActiveDelta Project Development has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190k and a net result of €10k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 66% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-4
Solvency96▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 7.17 against 8.21 in 2024; short-term debt: 11.6% and cash: 18.8% of total assets), and 29% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
71%
Return on assets
3.6%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-12-2025, 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
29 d late
2023
14 d late
2022
20 d early
2021
26 d early
2020
9 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€190k▲ 5.4%
2024 · €180k
2019: €120k
2020: €120k
2021: €137k
2022: €152k
2023: €178k
2024: €180k
2019 → 2025
Total assets
€268k▼ 3.5%
2024 · €277k
2019: €221k
2020: €177k
2021: €161k
2022: €156k
2023: €327k
2024: €277k
2019 → 2025
Net result
€10k▲ 3.2%
2024 · €9k
2019: €69k
2020: €719
2021: €17k
2022: €15k
2023: €26k
2024: €9k
2019 → 2025
Working capital
€192k▲ 1.6%
2024 · €189k
2019: €138k
2020: €117k
2021: €125k
2022: €144k
2023: €193k
2024: €189k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€137k-€152k▲ 10.6%€178k▲ 17.2%€180k▲ 1.4%€190k▲ 5.4%
Operating result€25k-€20k▼ 21.9%€33k▲ 65.9%€18k▼ 45.2%€20k▲ 9.4%
Net result€17k-€15k▼ 12.8%€26k▲ 79.5%€9k▼ 64.3%€10k▲ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€44k▼ 28.4%
Current assets
€223k▲ 3.6%
Equity and liabilities €268k
Equity
€190k▲ 5.4%
Debt
€78k▼ 19.9%
The debt ratio falls from 34.9% to 29.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €36k
Cash flow
€27k▼
2024 · €27k
Solvency
71.0%▲
2024 · 65.1%
Current ratio
7.17▼
2024 · 8.21
Quick ratio
5.26▼
2024 · 8.19
Debt / equity
0.41▼
2024 · 0.54
ROE
5.1%▼
2024 · 5.2%
ROA
3.6%▲
2024 · 3.4%
Interest coverage
5.45▼
2024 · 6.56
Debt
€78k▼
2024 · €97k
Debt ≤ 1 year
€31k▲
2024 · €26k
Debt > 1 year
€46k▼
2024 · €71k
Income taxes
€4k▲
2024 · €4k
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€277k€268k▼
Fixed assets21/28€62k€44k▼
Tangible fixed assets22/27€62k€44k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€49k€35k▼
Furniture and vehicles24€9k€6k▼
Current assets29/58€216k€223k▲
Amounts receivable after more than one year29€65k€65k=
Other amounts receivable291€65k€65k=
Stocks and contracts in progress3€406€60k▲
Stocks30/36€406€60k▲
Amounts receivable within one year40/41€51k€49k▼
Trade receivables40€49k€45k▼
Other amounts receivable41€2k€4k▲
Current investments50/53€67k€0▼
Cash at bank and in hand54/58€33k€50k▲
Equity and liabilities
Total equity and liabilities10/49€277k€268k▼
Equity10/15€180k€190k▲
Contributions10/11€20k€20k=
Reserves13€160k€170k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€160k€170k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€97k€78k▼
Amounts payable after more than one year17€71k€46k▼
Financial debts170/4€71k€46k▼
Amounts payable within one year42/48€26k€31k▲
Current portion of amounts payable after more than one year42€23k€24k▲
Trade debts44€1k€0▼
Suppliers440/4€1k€0▼
Taxes, remuneration and social security45€2k€6k▲
Taxes450/3€2k€6k▲
Other amounts payable47/48€399€892▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€18k▼
Other operating charges640/8€747€959▲
Gross operating margin9900€37k€38k▲
Operating profit (loss)9901€18k€20k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€14k€14k▲
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€9k€10k▲
Profit (loss) for the period to be appropriated9905€9k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€10k▲
Transfer from equity791/2€7k€0▼
Transfer to equity691/2€9k€10k▲
To other reserves6921€9k€10k▲
Profit to be distributed694/7€7k€0▼
Return on contributions (dividend)694€7k€0▼
The notes to these accounts (8 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
2025
01-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity times 5current ratio 31.51
Current ratio from 6.23 to 31.51; short-term debt falls from €24k to €5k.
31-03
Financial
Equity above €150kEq €152k ▲10.6%
4 profitable years in a row build equity to €152k.
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €719 ▼99%
Net result drops to €719, the lowest in the series; recovery starts the following year.
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
03-10
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
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, Waregem · 1 establishment unit since 2011
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.
Reigerput 118791 WaregemGround area
733 m²
Building footprint
238 m²
Volume, LiDAR
2 m³
Parcel 34006B0381/00H002, Flanders · tallest building 1.2 m. Linked by address, not a title deed.
1 establishment unit
Reigerput 11, 8791 Waregem
since 20112.205.188.793
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0381/00H002 | Flanders | 733 m² | 1 · 238 m² | 1.2 m |
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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,568. 40,195 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-11-2011
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
43120Site preparation
66199Other activities auxiliary to financial services, excluding insurance and pension funding
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.