STEPHANE DELBERGHE (S.D.)
ActiveSummary
STEPHANE DELBERGHE (S.D.) has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €368k and a net result of €86k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 637 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 3.74 in 2023; short-term debt: 21.9% and cash: 11.7% of total assets), and 22.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
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 2024Solvency, return and age of the figures
Solvency
77.9%
Return on assets
18.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
26 d late
2022
126 d early
2021
87 d early
2020
24 d early
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€368k▲ 5.4%
2023 · €349k
2018: €199k
2019: €201k
2020: €233k
2021: €259k
2022: €327k
2023: €349k
2018 → 2024
Total assets
€472k▲ 3.6%
2023 · €456k
2018: €273k
2019: €275k
2020: €321k
2021: €333k
2022: €413k
2023: €456k
2018 → 2024
Net result
€86k▲ 2.1%
2023 · €84k
2018: €62k
2019: €69k
2020: €44k
2021: €41k
2022: €93k
2023: €84k
2018 → 2024
Working capital
€317k▲ 9.6%
2023 · €289k
2018: €132k
2019: €140k
2020: €169k
2021: €207k
2022: €258k
2023: €289k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€233k-€259k▲ 11.3%€327k▲ 26.4%€349k▲ 6.7%€368k▲ 5.4%
Operating result€66k-€59k▼ 10.4%€130k▲ 120%€118k▼ 9.2%€122k▲ 3.9%
Net result€44k-€41k▼ 6.4%€93k▲ 126%€84k▼ 9.5%€86k▲ 2.1%
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 2024; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €472k
Fixed assets
€52k ▼ 15.0%
Current assets
€420k ▲ 6.5%
Equity and liabilities €472k
Equity
€368k ▲ 5.4%
Provisions
€957 ▼ 26.2%
Debt
€103k ▼ 2.1%
Debt's share of the balance-sheet total falls from 23.1% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€137k▲
2023 · €135k
Cash flow
€101k▼
2023 · €101k
Current ratio
4.07▲
2023 · 3.74
Debt to equity
0.28▼
2023 · 0.30
ROE
23.3%▼
2023 · 24.1%
ROA
18.2%▼
2023 · 18.4%
Interest coverage
597.98▲
2023 · 151.18
Debt ≤ 1 year
€103k▼
2023 · €105k
Income taxes
€37k▲
2023 · €36k
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 · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€456k€472k▲
Fixed assets21/28€62k€52k▼
Tangible fixed assets22/27€62k€47k▼
Land and buildings22€22k€17k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€30k€23k▼
Financial fixed assets28-€5k
Current assets29/58€394k€420k▲
Amounts receivable within one year40/41€57k€37k▼
Trade receivables40€57k€37k▼
Other amounts receivable41€249€249=
Current investments50/53€301k€326k▲
Cash at bank and in hand54/58€36k€55k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€456k€472k▲
Equity10/15€349k€368k▲
Contributions10/11€12k€12k=
Reserves13€332k€351k▲
Tax-exempt reserves132€5k€4k▼
Distributable reserves133€327k€347k▲
Profit (loss) carried forward14€5k€5k▲
Provisions and deferred taxes16€1k€957▼
Deferred taxes168€1k€957▼
Amounts payable17/49€105k€103k▼
Amounts payable within one year42/48€105k€103k▼
Current portion of amounts payable after more than one year42€3k-
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€39k€38k▼
Taxes450/3€39k€38k▼
Other amounts payable47/48€61k€64k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€136k€140k▲
Operating profit (loss)9901€118k€122k▲
Financial income75/76B€2k€86▼
Recurring financial income75€2k€86▼
Financial charges65/66B€891€230▼
Recurring financial charges65€891€230▼
Profit (loss) for the period before taxes9903€119k€122k▲
Transfer from deferred taxes780€424€340▼
Income taxes67/77€36k€37k▲
Profit (loss) for the period9904€84k€86k▲
Transfer from tax-exempt reserves789€2k€1k▼
Profit (loss) for the period to be appropriated9905€86k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€90k€92k▲
Profit (loss) brought forward from the previous period14P€5k€5k▲
Transfer from equity791/2€62k€67k▲
Transfer to equity691/2€86k€87k▲
To other reserves6921€86k€87k▲
Profit to be distributed694/7€62k€67k▲
Return on contributions (dividend)694€62k€67k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €93k ▲126%
Operating result €130k, net result €93k, both a record.
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €41k ▼6.4%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Equity above €200kEq €201k ▲1%
2 profitable years in a row build equity to €201k.
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Court-Saint-Etienne · 1 establishment unit since 2002
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.
Rue de l'Eglise de Sart 731490 Court-Saint-EtienneGround area
1,501 m²
Building footprint
100 m²
Volume, LiDAR
817 m³
Parcel 25023F0255/00P000, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
STEPHANE DELBERGHE S.D.
since 20022.114.041.160
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25023F0255/00P000 | Wallonia | 1,501 m² | 1 · 100 m² | 9.6 m · 3 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.
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Of 423 companies in sector 72200 we hold annual accounts for 145. 110 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 formPrivate limited company
Founded01-08-2002
Fiscal year end31-12
Activities, NACEBEL 2025
72200Scientific research and development
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:advenio@scarlet.be
Phone:010/815-188
Fax:010/815-188