Checked.be
Active
BE 0473.350.694Private limited company
VINCENT DELEU
Neerstraat 111 ·2070 Beveren-Kruibeke-Zwijndrecht, Belgium· 25 yrs active
Sector: Wholesale of non-electrical household articles
(46494)
Conclusion
VINCENT DELEU has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10k and a net result of €-15k. Equity is shrinking by ~58.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 32% of 3381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €10k |
| Net result | €-15k |
| Better than sector | 32% |
| Active | 25 yrs |
Financial profile
41
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
35
Profitability
0
Solvency
38
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2000, 25 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 strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
35
/ 100
Weak
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.
Indicative credit limit
€500
estimate, not credit advice
Score history
43
2022
35
2023
35
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 4.95 (≥ 1.5)
+10
Quick ratio
Quick ratio 0.07 (< 0.6)
-5
Leverage
Debt/equity 13.91 (> 3.0)
-10
Profitability
Negatieve ROE -146%
-10
Interest coverage
Interest coverage 1.9×
+3
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 20-06-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
At this pace, equity would indicatively turn negative around fiscal year 2025, assuming unchanged policy.
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).
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.7% | 25.2% | |
| Net result | €-15k | €4k | |
| Equity | €10k | €22k | |
| Gross operating margin | €8k | €19k | |
| Total assets | €148k | €105k |
€7k
+5.1%
22-24
€-15k
-2.4%
22-24
€3k
-6.8%
22-24
€148k
-14.8%
22-24
€10k
-59.4%
22-24
€62k
-13.4%
22-24
€138k
-7.5%
22-24
€16k
+11.2%
22-24
€122k
-9.5%
22-24
4.95
-18.5%
22-24
0.07
-66.6%
22-24
6.7%
-52.4%
22-24
13.91
+127.9%
22-24
-146.5%
-152.3%
22-24
-9.8%
-20.2%
22-24
1.93
-11.9%
22-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €7k | €6k | €21k |
| Net profit | €-15k | €-14k | €-2k |
| Cash flow | €3k | €3k | €16k |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €148k | €174k | €196k |
| Equity | €10k | €24k | €39k |
| Debt | €138k | €149k | €157k |
| of which ≤ 1y | €16k | €14k | €11k |
| of which > 1y | €122k | €135k | €146k |
| Working capital | €62k | €72k | €80k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 4.95 | 6.07 | 7.96 |
| Quick ratio | 0.07 | 0.20 | 0.22 |
| Working capital ratio | 41.9% | 41.2% | 40.9% |
| Solvency | 6.7% | 14.1% | 19.7% |
| Debt / equity | 13.91 | 6.10 | 4.07 |
| Long-term debt ratio | 12.33 | 5.53 | 3.77 |
| Interest coverage | 1.93 | 2.19 | 4.19 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -9.8% | -8.2% | -0.9% |
| ROE | -146.5% | -58.1% | -4.8% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €148k | €174k | €196k |
| Fixed assets | 21/28 | €70k | €88k | €104k |
| Tangible fixed assets | 22/27 | €70k | €88k | €104k |
| Current assets | 29/58 | €78k | €86k | €92k |
| Stocks & contracts in progress | 3 | €77k | €83k | €89k |
| Amounts receivable within one year | 40/41 | €639 | €2k | €843 |
| Cash & bank | 54/58 | €396 | €964 | €2k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €148k | €174k | €196k |
| Equity | 10/15 | €10k | €24k | €39k |
| Contributions / capital | 10/11 | €37k | €37k | €37k |
| Reserves | 13 | €32k | €47k | €47k |
| Accumulated profits (losses) | 14 | €-59k | €-59k | €-45k |
| Amounts payable | 17/49 | €138k | €149k | €157k |
| Amounts payable after one year | 17 | €122k | €135k | €146k |
| Amounts payable within one year | 42/48 | €16k | €14k | €11k |
| Income statement | ||||
| Gross operating margin | 9900 | €8k | €7k | €21k |
| Operating result | 9901 | €-11k | €-11k | €3k |
| Financial income | 75 | €0 | - | - |
| Financial charges | 65 | €3k | €3k | €5k |
| Result before taxes | 9903 | €-15k | €-14k | €-2k |
| Net result for the period | 9904 | €-15k | €-14k | €-2k |
| Result to be appropriated | 9905 | €-15k | €-14k | €-2k |
Legal Structure
| NACE primary | Wholesale of non-electrical household articles(46494) |
| Legal form | Private limited company(610) |
| Incorporation | 24-11-2000 |
| Status | Active |
| Postal code | 2070 |
Establishment units
Neerstraat 111, 2070 Beveren-Kruibeke-Zwijndrecht
since 20012.101.134.420
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11056A0423/00H000 | Flanders | 1,004 m² | 1 · 210 m² | 13.7 m · 2 fl. |
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.
Updates
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Wholesale of non-electrical household articles4649451471Retail sale of second-hand clothing4779252502
Names & trade names
| Legal nameNL | VINCENT DELEU |
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