DELU
ActiveDELU has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216k and a net result of €-3k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 4123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
60
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 3.94 against 4.56 in 2024), and 9.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€3k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
17 d early
2023
19 d early
2022
6 d early
2021
11 d early
2020
4 d early
2019
11 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k▲ 78.0%
2024 · €-15k
2018: €-76k
2019: €-54k
2020: €35k
2021: €27k
2022: €20k
2023: €17k
2024: €-15k
2018 → 2025
Working capital
€62k▼ 14.4%
2024 · €72k
2018: €58k
2019: €-15k
2020: €26k
2021: €55k
2022: €77k
2023: €96k
2024: €72k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€179k-€199k▲ 10.9%€234k▲ 17.8%€219k▼ 6.4%€216k▼ 1.5%
Operating result€28k-€19k▼ 32.1%€17k▼ 9.6%€-15k€-3k▲ 78.2%
Net result€27k-€20k▼ 28.8%€17k▼ 13.8%€-15k€-3k▲ 78.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €15k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€155k▲ 3.8%
Current assets
€83k▼ 10.4%
Equity and liabilities €238k
Equity
€216k▼ 1.5%
Debt
€22k▼ 3.2%
The debt ratio falls from 9.4% to 9.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-2k▲
2024 · €-13k
Cash flow
€-2k▲
2024 · €-14k
Solvency
90.8%▲
2024 · 90.6%
Current ratio
3.94▼
2024 · 4.56
Quick ratio
3.44▼
2024 · 3.84
Debt / equity
0.10▼
2024 · 0.10
ROE
-1.5%▲
2024 · -6.8%
ROA
-1.4%▲
2024 · -6.2%
Interest coverage
-18.86▲
2024 · -39.44
Debt
€22k▼
2024 · €23k
Debt ≤ 1 year
€21k▲
2024 · €20k
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€242k€238k▼
Fixed assets21/28€149k€155k▲
Tangible fixed assets22/27€149k€155k▲
Land and buildings22€144k€148k▲
Plant, machinery and equipment23€0€1k▲
Furniture and vehicles24€5k€5k▼
Current assets29/58€93k€83k▼
Stocks and contracts in progress3€15k€11k▼
Stocks30/36€15k€11k▼
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40€12k€16k▲
Cash at bank and in hand54/58€61k€53k▼
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€242k€238k▼
Equity10/15€219k€216k▼
Contributions10/11€150k€150k=
Capital10€150k€150k=
Issued capital100€150k€150k=
Reserves13€69k€66k▼
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Distributable reserves133€44k€41k▼
Amounts payable17/49€23k€22k▼
Amounts payable within one year42/48€20k€21k▲
Trade debts44€1k€8k▲
Suppliers440/4€1k€8k▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48€14k€10k▼
Accrued charges and deferred income492/3€2k€860▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€-10k€1k▲
Operating profit (loss)9901€-15k€-3k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€335€107▼
Recurring financial charges65€335€107▼
Profit (loss) for the period before taxes9903€-15k€-3k▲
Profit (loss) for the period9904€-15k€-3k▲
Profit (loss) for the period to be appropriated9905€-15k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-3k▲
Transfer from equity791/2€15k€3k▼
The notes to these accounts (4 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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €234k ▲17.8%
4 profitable years in a row build equity to €234k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €35k
Net result €35k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.48
Current ratio from 0.68 to 1.48.
31-12
Financial
Equity above €150kEq €152k ▲29.7%
Equity rises from €117k to €152k.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
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
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, Schoten · 1 establishment unit since 2001
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.
Paul Gilsonlaan 22900 SchotenGround area
4,957 m²
Building footprint
334 m²
Volume, LiDAR
1,794 m³
Parcel 11443B0101/00C000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DELU
since 20012.039.502.796
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11443B0101/00C000 | Flanders | 4,957 m² | 1 · 334 m² | 9.9 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.
Similar companies · same sector, comparable size
CP&P
BE 0822.858.225
Diest · Eq €217k
BELMAD
BE 0476.315.035
Sint-Jans-Molenbeek · Eq €218k
SD
BE 0793.456.436
Brugge · Eq €220k
Zeepbaron
BE 0758.739.839
Mechelen · Eq €212k
CHêNISSIMO
BE 0833.507.934
Ukkel · Eq €212k
Of 1,042 companies in sector 47559 we hold annual accounts for 345. 261 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-1988
Fiscal year end31-12
Activities, NACEBEL
47559Retail sale of other household articles
47599Retail trade
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.