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DELTA TECHNICAL ENGINEERING

Active
Private limited company· 21 yrs active
Spieveldstraat 51 ·9160 Lokeren, Belgium
KBO/BCE: BE 0870.180.961
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Age21 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DELTA TECHNICAL ENGINEERING is 0.7% (low). The 2025 annual accounts show equity of €467k and a net result of €127k. Equity remains stable across the filed fiscal years (±1.3% per year). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Signals

1 signal · with evidence
Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 2004, 21 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Annual accounts: healthy financial profile Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€5k-93.8%
EBIT margin-3.5%+6.2pp
Net result€127k
Working capital€-17k+88.1%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 05-03-2026 with the NBB · fiscal year 2025 · verkort
€-50k€0€50k€100k€150kOperating result 2021: €-3k€-3kNet result 2021: €-22k€-22kOperating result 2022: €-3k€-3kNet result 2022: €-6k€-6kOperating result 2023: €-3k€-3kNet result 2023: €-8k€-8kOperating result 2024: €-2k€-2kNet result 2024: €-9k€-9kOperating result 2025: €-4k€-4kNet result 2025: €127k€127k20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 8 fiscal years (±1.3%/year).
€250k€300k€350k€400k€450k2026: €338k (€300k - €375k)2027: €333k (€296k - €370k)2028: €328k (€291k - €365k)2018: €376k2019: €367k2020: €366k2021: €362k2022: €357k2023: €349k2024: €340k2025: €467k20182019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Revenue
€5k
-93.8% 18-25
EBITDA
€-4k
-176.9% 18-25
Net profit
€127k
- 18-25
Cash flow
€128k
- 18-25
Total assets
€487k
+0.5% 18-25
Equity
€467k
+37.4% 18-25
Working capital
€-17k
+88.1% 18-25
Income taxes
€268
-33.2% 18-25
Debt
€21k
-85.7% 18-25
Debt ≤ 1y
€21k
-85.7% 18-25
Current ratio
0.17
+5791.9% 18-25
Quick ratio
0.17
+5791.9% 18-25
Solvency
95.7%
+36.7% 18-25
Debt / equity
0.04
-89.6% 18-25
ROE
27.2%
- 18-25
ROA
26.0%
- 18-25
Net margin
-389.2%
-1573.3% 18-25
EBITDA margin
14.7%
- 18-25
Interest coverage
-1.27
-531.5% 18-25
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€-4k
Net profit€127k
Cash flow€128k
Staff costs-
Income taxes-
Dividends-
Total assets€487k
Equity€467k
Debt€21k
of which ≤ 1y€21k
of which > 1y-
Working capital€-17k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.17
Quick ratio0.17
Working capital ratio-3.5%
Solvency95.7%
Debt / equity0.04
Long-term debt ratio-
Interest coverage-1.27
Gross margin-
Net margin-
ROA26.0%
ROE27.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€487k
Fixed assets 21/28€484k
Tangible fixed assets 22/27€2k
Financial fixed assets 28€482k
Current assets 29/58€4k
Amounts receivable within one year 40/41€220
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€487k
Equity 10/15€467k
Contributions / capital 10/11€381k
Reserves 13€3k
Accumulated profits (losses) 14€83k
Amounts payable 17/49€21k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€-3k
Operating result 9901€-4k
Financial income 75€134k
Financial charges 65€3k
Result before taxes 9903€127k
Net result for the period 9904€127k
Result to be appropriated 9905€127k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
53 / 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.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Locations & real estate

Parcels1
Ground area5,339 m²
Buildings1
Building footprint2,227 m²
Volume (LiDAR)17,755 m³
Tallest building9.4 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46382B1424/00K000 Flanders 5,339 m² 1 · 2,227 m² 9.4 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

7 acts
Address history · 1
12-11-2021
v3.2
All acts · 7 updated 2 months ago
2026
27-05-2026 Notarial deed · Merger · Dissolution · Share distribution Open-capture extraction·Hendrik Van de Cruys
  • Filing: 2026-05-18 · DELTA TECHNICAL ENGINEERING
  • Publication: 2026-05-27 · DELTA TECHNICAL ENGINEERING
  • Notarial deed: 2026-04-28 · DELTA TECHNICAL ENGINEERING
  • Merger: date: 2026-04-28, type: absorption, legal_basis: artikel 12:7, 1º juncto artikel 12:50 en volgende Wetboek van vennootschappen en verenigingen · DELTA TECHNICAL ENGINEERING
  • Dissolution: date: 2026-04-28, type: dissolution_without_liquidation · DELTA TECHNICAL ENGINEERING
  • Share distribution: description: All shares united in one hand · DELTA TECHNICAL ENGINEERING
  • Officer resignation: date: 2026-04-28, reason: merger · Cox, Eddy
  • Officer resignation: date: 2026-04-28, reason: merger · Vervoort, Nancy
  • Mandate term: end: 2026-04-28, start: 2025-11-01 · Cox, Eddy
  • Mandate term: end: 2026-04-28, start: 2025-11-01 · Vervoort, Nancy
  • Officer discharge: status: pending, condition: approval of first post-merger annual accounts · Cox, Eddy
  • Officer discharge: status: pending, condition: approval of first post-merger annual accounts · Vervoort, Nancy
  • Power of attorney: date: 2026-04-28, scope: administrative formalities for KBO and VAT · DELTA TECHNICAL ENGINEERING
  • Power of attorney: date: 2026-04-28, scope: administrative formalities for KBO and VAT · DELTA TECHNICAL ENGINEERING
  • Act object: MET FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTING
Summary: Notarial deed · Merger · Dissolution · Share distributionNotary: Hendrik Van de Cruys
26-05-2026 Notarial deed · General meeting · Approval · Auditor waiver Open-capture extraction·Hendrik Van de Cruys
  • Filing: 2026-05-15 · GROEP VAN ROEY
  • Publication: 2026-05-26 · GROEP VAN ROEY
  • Notarial deed: 2026-04-28 · GROEP VAN ROEY
  • General meeting: 2026-04-28 · GROEP VAN ROEY
  • Approval: fusievoorstel · GROEP VAN ROEY
  • Auditor waiver: tussentijdse cijfers · GROEP VAN ROEY
  • Merger: date: 2026-04-28, type: fusion_by_absorption · GROEP VAN ROEY
  • Dissolution: date: 2026-04-28, type: dissolution_without_liquidation · Delta Technical Engineering
  • Accounting effect: 2025-11-01 · Delta Technical Engineering
  • Share transfer: no_exchange · Delta Technical Engineering
  • Officer discharge: end: 2026-04-28, start: 2025-11-01 · Cox, Eddy
  • Officer discharge: end: 2026-04-28, start: 2025-11-01 · Vervoort, Nancy
  • Officer resignation: 2026-04-28 · Cox, Eddy
  • Officer resignation: 2026-04-28 · Vervoort, Nancy
  • Power of attorney: administrative_formalities · GROEP VAN ROEY
  • Power of attorney: administrative_formalities · GROEP VAN ROEY
  • Statute amendment: coordination · GROEP VAN ROEY
  • Act object: MET FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTING
Summary: Notarial deed · General meeting · Approval · Auditor waiverNotary: Hendrik Van de Cruys
09-03-2026 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous
Summary: Fusion proposal
02-03-2026 Ben Vandeweyer reappointed as statutory auditor Director changes
  • Ben Vandeweyer, Commissaris
Summary: v3.2
2023
22-11-2023 Ben Vandeweyer appointed as statutory auditor Director changes
  • Ben Vandeweyer, Commissaris
Summary: v3.2
16-11-2023 Publication in the Belgian Official Gazette, Minor change Minor change·Jan Coppens
Summary: Statutes changeNotary: Jan Coppens · Vosselaar
2021
12-11-2021 Registered office moved from Sint-Gillis-Waas to Lokeren Registered-office change
  • Sint-Niklaasstraat 62, 9170 Sint-Gillis-Waas → Spieveldstraat 51, 9160 Lokeren
Summary: v3.2

Analysis

Snowflake analysis

financial profile on 5 axes
Health53Profitability100Solvency67Growth52Stability100
74 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 53
Profitability 100
Solvency 67
Growth 52
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL DELTA TECHNICAL ENGINEERING
AbbreviationNL DELTA-TE
Registered office
Spieveldstraat 51
9160 Lokeren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.