D.E.I.
ActiveSummary
D.E.I. has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €227,806. Equity has been growing by about 9.4% per year since 2018. Its solvency ranks better than 57% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-04-2004 Normal situation
- Activity
- General electrical installation work NACE 43211and 5 others
- Establishment unit
- 2.136.724.116 7712 Mouscron, since 27-04-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 19-03-2025
Board and ownership
Board
- Bruno DELVAManaging director
- Cyril DELVADirector · since 01-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.4%
Annual accounts 2025
- Gross margin
- €1.6m
- ▲ 17.5%
- Turnover
- ≈ €4.4m
- estimated
- Profit
- €227,806
- ▲ 22.3%
- Equity
- €1.5m
- ▲ 10.2%
- Total assets
- €3.1m
- ▲ 11.6%
- Employees on 31-12-2025
- 23
- ▲ 21.1%
- 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 2 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 2004Figures for financial year 2025 (filed on 09-10-2026)Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
75-1
equity 50.0% of total assets
Liquidity
47-8
short-term debt 27.6% · cash 6.2%
Profitability
78+1
return on assets 7.5%
Bankruptcy probability within 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%▼ -0.3 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.4%▲ +0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.3 percentage points vs 07-2026
09-2026: 0.8%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.4%▼ -0.4 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.14 (2.07 in 2024), above the usual 1.5. Short-term debt is 27.6% and cash 6.2% of total assets. 50% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small). It does better than 67% of them on solvency, 52% on liquidity, 66% on profitability and 62% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
57 days late
2023
16 days early
2022
45 days early
2021
24 days early
2020
15 days early
2019
18 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 72 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 61 days after the deadline Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00551558.
Annual accounts 2025 filed on 30-09-2026 at the NBB all 21 filings
Turnover
≈ €4.4m
Estimated: probably between €3.4m and €5.5m
EBIT margin
Not included in this filing
Net result
€227,806▲ 22.3%
2024 · €186,212
Working capital
€960,580▲ 24.1%
2024 · €773,876
In the rankings
#7 employer in Mouscron, Construction sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€402,942
▲ 20.6%
2025
20182025
Net result
€227,806
▲ 22.3%
2025
highest quarter of the sector
20182025
Equity
€1.5m
▲ 10.2%
2025
highest quarter of the sector
20182025
Total assets
€3.1m
▲ 11.6%
2025
highest quarter of the sector
20182025
Debt
€1.5m
▲ 13.1%
2025
20182025
Working capital
€960,580
▲ 24.1%
2025
highest quarter of the sector
20182025
Solvency
50.0%
▼ 0.6pp
2025
middle half of the sector
20182025
Current ratio
2.14
▲ 0.07
2025
middle half of the sector
20182025
Return on assets (ROA)
7.5%
▲ 0.7pp
2025
middle half of the sector
20182025
Staff (FTE)
20.3
▲ 9.1%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.3m▲ 28.4%-€0.04m-€0.1m▼ 218%€0.1m€0.6m▲ 479%€0.3m▼ 39.6%€0.4m▲ 20.6%
Net result€0.1m-€0.2m▲ 93.6%-€0.03mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 192%€0.06mwithin the sector's middle half€0.4mabove the sector's middle half▲ 596%€0.2mabove the sector's middle half▼ 52.2%€0.2mabove the sector's middle half▲ 22.3%
Equity€0.8m-€1.0m▲ 24.3%€0.9mabove the sector's middle half▼ 7.1%€0.8mabove the sector's middle half▼ 14.8%€0.8mabove the sector's middle half▲ 7.1%€1.2mabove the sector's middle half▲ 42.7%€1.4mabove the sector's middle half▲ 15.5%€1.5mabove the sector's middle half▲ 10.2%
Total assets€3.0m-€2.8m▼ 7.5%€2.7mabove the sector's middle half▼ 3.5%€2.3mabove the sector's middle half▼ 14.3%€2.7mabove the sector's middle half▲ 15.5%€3.0mabove the sector's middle half▲ 9.7%€2.7mabove the sector's middle half▼ 7.4%€3.1mabove the sector's middle half▲ 11.6%
Debt€2.2m-€1.8m▼ 18.0%€1.8m▼ 1.5%€1.5m▼ 14.0%€1.8m▲ 19.8%€1.7m▼ 5.3%€1.3m▼ 23.1%€1.5m▲ 13.1%
Working capital€0.5m-€0.8m▲ 54.7%€0.5mabove the sector's middle half▼ 30.5%€0.4mabove the sector's middle half▼ 27.6%€0.6mabove the sector's middle half▲ 39.5%€0.7mabove the sector's middle half▲ 23.8%€0.8mabove the sector's middle half▲ 13.6%€1.0mabove the sector's middle half▲ 24.1%
Solvency26.2%-35.2%▲ 9.0pp33.9%within the sector's middle half▼ 1.3pp33.7%within the sector's middle half▼ 0.2pp31.2%within the sector's middle half▼ 2.4pp40.6%within the sector's middle half▲ 9.4pp50.7%within the sector's middle half▲ 10.0pp50.0%within the sector's middle half▼ 0.6pp
Current ratio1.46-2.23▲ 0.771.67within the sector's middle half▼ 0.561.64within the sector's middle half▼ 0.031.64within the sector's middle half=1.68within the sector's middle half▲ 0.042.07within the sector's middle half▲ 0.392.14within the sector's middle half▲ 0.07
Return on assets (ROA)3.5%-7.3%▲ 3.8pp-1.2%below the sector's middle half▼ 8.5pp-4.2%below the sector's middle half▼ 3.0pp2.1%within the sector's middle half▲ 6.3pp13.2%above the sector's middle half▲ 11.1pp6.8%within the sector's middle half▼ 6.4pp7.5%within the sector's middle half▲ 0.7pp
Staff (FTE)18.8-16.2▼ 13.8%14within the sector's middle half▼ 13.6%12.1within the sector's middle half▼ 13.6%18.6above the sector's middle half▲ 53.7%20.2above the sector's middle half▲ 8.6%18.6within the sector's middle half▼ 7.9%20.3above the sector's middle half▲ 9.1%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 21% higher than in 2024. It is a recovery after the fall in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€1.3m ▲ 0.8%
Current assets
€1.8m ▲ 20.5%
Equity and liabilities €3.1m
Equity
€1.5m ▲ 10.2%
Provisions
€6,033 ▼ 6.3%
Debt
€1.5m ▲ 13.1%
Debt's share of the balance-sheet total rises from 49.1% to 49.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€534,887▲
2024 · €451,564
Cash flow
€359,751▲
2024 · €303,766
Quick ratio
1.33▲
2024 · 1.13
Debt to equity
0.99▲
2024 · 0.97
ROE
14.9%▲
2024 · 13.4%
Interest coverage
9.10▲
2024 · 8.55
Debt ≤ 1 year
€841,581▲
2024 · €721,251
Debt > 1 year
€675,700▲
2024 · €621,592
Income taxes
€119,963▲
2024 · €96,621
Staff costs
€1.0m▲
2024 · €872,550
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 12 | 20 | 21 | 19 | 23 |
| full-time | 11 | 18 | 20 | 16 | 19 |
| part-time | 1 | 2 | 1 | 3 | 4 |
| in full-time equivalents | 11.9 | 19.8 | 20.9 | 18 | 21.9 |
| Average over the year, in full-time equivalents | 12.1 | 18.6 | 20.2 | 18.6 | 20.3 |
| On a permanent contract | 10 | 17 | 17 | 16 | 21 |
| Joined | 10 | 16 | 20 | 17 | 16 |
| Left | 12 | 8 | 19 | 19 | 12 |
| Training hours | 1,498 | - | - | - | 8,636 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 |
| Mortgage mandates | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m |
| Carrying value of the mortgaged assets | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €51,885 | €52,379 | €90,688 | €83,210 | €141,850 |
| Intangible fixed assets | - | - | - | €4,775 | - |
| Financial fixed assets | - | - | - | €315 | €0 |
| Depreciation and write-downs of the year | €85,819 | €94,361 | €102,934 | €117,554 | €131,945 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Public contracts
1 award · 2025
Travaux de mise en conformité pour la prévention incendie du bâtiment du Centr'Expo: Electricité
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.6m | €0.7m | €0.9m | €0.9m | €1.0m | ▲ 17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.07m | €0.07m | €0.08m | €0.09m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 12.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.01m | €0.01m | -€0.02m | €0.009m | €0.004m | ▼ 54.0% |
| Other operating charges640/8 | - | - | - | €0.02m | €0.02m | €0.04m | €0.03m | €0.04m | ▲ 20.6% |
| Non-recurring operating charges66A | - | - | - | €0.01m | €0 | €0.02m | €0 | - | - |
| Gross operating margin9900 | €1.2m | €1.2m | €0.6m | €0.6m | €1.0m | €1.6m | €1.4m | €1.6m | ▲ 17.5% |
| Operating profit (loss)9901 | €0.2m | €0.3m | -€0.04m | -€0.1m | €0.1m | €0.6m | €0.3m | €0.4m | ▲ 20.6% |
| Financial income75/76B | - | - | - | €0.06m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 159% |
| Recurring financial income75 | €0.005m | €0.01m | €0.04m | €0.06m | €0.002m | €0.001m | €0.001m | €0.003m | ▲ 159% |
| Financial charges65/66B | - | - | - | €0.04m | €0.04m | €0.04m | €0.05m | €0.06m | ▲ 11.3% |
| Recurring financial charges65 | €0.1m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.05m | €0.06m | ▲ 11.3% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.3m | -€0.03m | -€0.1m | €0.06m | €0.5m | €0.3m | €0.3m | ▲ 23.0% |
| Transfer from deferred taxes780 | - | - | - | €402 | €402 | €402 | €402 | €402 | = |
| Income taxes67/77 | €0.04m | €0.08m | €197 | €0.001m | €0.006m | €0.1m | €0.1m | €0.1m | ▲ 24.2% |
| Profit (loss) for the period9904 | €0.1m | €0.2m | -€0.03m | -€0.1m | €0.06m | €0.4m | €0.2m | €0.2m | ▲ 22.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.2m | -€0.03m | -€0.1m | €0.06m | €0.4m | €0.2m | €0.2m | ▲ 22.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.0m | €2.8m | €2.7m | €2.3m | €2.7m | €3.0m | €2.7m | €3.1m | ▲ 11.6% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.3m | €1.3m | €1.3m | €1.2m | €1.3m | ▲ 0.8% |
| Intangible fixed assets21 | €0.001m | €0 | - | - | - | - | €0.003m | €0.002m | ▼ 45.9% |
| Tangible fixed assets22/27 | €1.4m | €1.4m | €1.4m | €1.3m | €1.3m | €1.3m | €1.2m | €1.2m | ▲ 0.9% |
| Land and buildings22 | - | - | - | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | ▲ 0.9% |
| Plant, machinery and equipment23 | - | - | - | €0.006m | €0.004m | €0.03m | €0.02m | €0.03m | ▲ 73.8% |
| Furniture and vehicles24 | - | - | - | €0.05m | €0.08m | €0.09m | €0.1m | €0.1m | ▼ 11.8% |
| Financial fixed assets28 | €0.005m | €0.005m | €0.004m | €0 | - | - | €315 | €0 | ▼ 100% |
| Current assets29/58 | €1.6m | €1.4m | €1.4m | €1.0m | €1.4m | €1.7m | €1.5m | €1.8m | ▲ 20.5% |
| Stocks and contracts in progress3 | €0.4m | €0.1m | €0.3m | €0.3m | €0.5m | €0.4m | €0.7m | €0.7m | = |
| Stocks30/36 | - | - | - | €0.3m | €0.5m | €0.4m | €0.7m | €0.7m | = |
| Amounts receivable within one year40/41 | €0.9m | €1.1m | €0.5m | €0.3m | €0.6m | €0.7m | €0.5m | €0.9m | ▲ 92.2% |
| Trade receivables40 | - | - | - | €0.2m | €0.5m | €0.5m | €0.4m | €0.6m | ▲ 70.6% |
| Other amounts receivable41 | - | - | - | €0.07m | €0.08m | €0.1m | €0.09m | €0.3m | ▲ 183% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.5m | €0.4m | €0.3m | €0.6m | €0.3m | €0.2m | ▼ 41.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.009m | €0.01m | €0.02m | €0.02m | €0.03m | ▲ 33.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.0m | €2.8m | €2.7m | €2.3m | €2.7m | €3.0m | €2.7m | €3.1m | ▲ 11.6% |
| Equity10/15 | €0.8m | €1.0m | €0.9m | €0.8m | €0.8m | €1.2m | €1.4m | €1.5m | ▲ 10.2% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.09m | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.5m | €0.6m | ▲ 36.1% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 6.3% |
| Distributable reserves133 | - | - | - | €0.1m | €0.2m | €0.3m | €0.4m | €0.6m | ▲ 37.9% |
| Profit (loss) carried forward14 | €0.5m | €0.7m | €0.6m | €0.5m | €0.5m | €0.8m | €0.8m | €0.8m | ▼ 3.2% |
| Investment grants15 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 1.4% |
| Provisions and deferred taxes16 | €0.03m | €0.01m | €0.008m | €0.008m | €0.007m | €0.007m | €0.006m | €0.006m | ▼ 6.3% |
| Deferred taxes168 | - | - | - | €0.008m | €0.007m | €0.007m | €0.006m | €0.006m | ▼ 6.3% |
| Amounts payable17/49 | €2.2m | €1.8m | €1.8m | €1.5m | €1.8m | €1.7m | €1.3m | €1.5m | ▲ 13.1% |
| Amounts payable after more than one year17 | €1.1m | €1.0m | €1.0m | €0.9m | €0.8m | €0.7m | €0.6m | €0.7m | ▲ 8.7% |
| Financial debts170/4 | - | - | - | €0.9m | €0.8m | €0.7m | €0.6m | €0.7m | ▲ 8.7% |
| Amounts payable within one year42/48 | €1.1m | €0.6m | €0.8m | €0.6m | €0.9m | €1.0m | €0.7m | €0.8m | ▲ 16.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | ▲ 101% |
| Financial debts43 | - | - | - | €0.2m | €0.2m | €0.2m | €0 | - | - |
| Credit institutions430/8 | - | - | - | €0.2m | €0.2m | €0.2m | €0 | - | - |
| Other loans439 | - | - | - | - | €0.009m | €0 | - | - | - |
| Trade debts44 | €0.4m | €0.3m | €0.4m | €0.3m | €0.5m | €0.5m | €0.4m | €0.3m | ▼ 20.2% |
| Suppliers440/4 | - | - | - | €0.3m | €0.5m | €0.5m | €0.4m | €0.3m | ▼ 20.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.06m | €0.1m | €0.1m | €0.09m | ▼ 30.4% |
| Taxes450/3 | - | - | - | €25 | €0.006m | €0.05m | €0.06m | €0.01m | ▼ 78.1% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.05m | €0.07m | €0.06m | €0.07m | ▲ 19.6% |
| Other amounts payable47/48 | - | - | - | €0 | - | €0.03m | €0 | €0.09m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.1m | €0.005m | €0.001m | €0.002m | ▲ 159% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €106,451 | €206,063 | -€33,752 | -€98,513 | €55,934 | €389,302 | €186,212 | €227,806 | ▲ 22.3% |
| + Depreciation and write-downs630 | €71,552 | €74,160 | €77,670 | €85,819 | €94,361 | €102,934 | €117,554 | €131,945 | ▲ 12.2% |
| Operating cash flow (approximation) | €178,003 | €280,223 | €43,918 | -€12,694 | €150,295 | €492,236 | €303,766 | €359,751 | ▲ 18.4% |
| Investment in fixed assets (approximation) | - | -€26,713 | -€44,144 | -€45,887 | -€52,379 | -€90,688 | -€87,204 | -€141,535 | ▼ 62.3% |
| Change in cash | - | -€27,089 | €295,133 | -€119,944 | -€105,331 | €266,407 | -€239,479 | -€134,230 | ▲ 43.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 20,136 companies had the same profile as D.E.I. has now. Two years later, 95.0% were still going and 0.2% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.0%
was still going
4.7%
stopped otherwise
0.2%
went bankrupt
That fits the bankruptcy probability of D.E.I. itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for D.E.I.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-09-2026 | 2026-00551558 | |
| 31-12-2024 | full format | 26-09-2025 | 2025-00510604 | |
| 31-12-2023 | full format | 15-07-2024 | 2024-00246225 | |
| 31-12-2022 | full format | 16-06-2023 | 2023-00131795 | |
| 31-12-2021 | full format | 07-07-2022 | 2022-20156256 | |
| 31-12-2020 | full format | 16-07-2021 | 2021-37300076 | |
| 31-12-2019 | full format | 18-08-2020 | 2020-42000248 | |
| 31-12-2018 | full format | 29-08-2019 | 2019-54700371 | |
| 31-12-2017 | full format | 29-05-2018 | 2018-14600294 | |
| 31-12-2016 | full format | 13-07-2017 | 2017-31200262 |
Board & ownership
Directors
Directors
2 directors, 1 in day-to-day management, last change in 2025
Board 2
Bruno DELVA
Current
Director (not named in the articles) · since 20-12-2022 · earlier statutory director, until 05-01-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-09-2026
Cyril DELVA
Current
Director · since 01-06-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-09-2026
Day-to-day management 1
Bruno DELVA
Current
Managing director · appointed in the act of 12-06-2025
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Conformément à l'article 14 des statuts, la société est représentée à l'égard des tiers et en justice par deux administrateurs agissant…”
deed of 12-06-2025Owners and capital
Capital transactions
Capital over time
- 05-01-2023 Converted to unavailable equity
Mandate history
2 people, 2 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Bruno DELVA |
|
| Cyril DELVA |
|
Network & group
D.E.I. shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of D.E.I.. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-09
abbreviated format · 61 days late
2025
26-09
full format · 57 days late
12-06
Gazette deed
Appointments: Cyril DELVA (director) and Bruno DELVA (managing director)Declaration9 points ▸
Gazette deed
Appointments: Cyril DELVA (director) and Bruno DELVA (managing director)
Declaration9 points ▸
- General meeting, 01-06-2025
- Board meeting, 01-06-2025
- Director appointment, Cyril DELVA (director)
- Director appointment, Bruno DELVA (managing director)
- Board composition, Bruno DELVA (director)
- Board composition, Cyril DELVA (director)
- Declaration, “administrateur, acceptation de mandat” (deed in French)
- Declaration, “administrateur délégué, acceptation de mandat” (deed in French)
- Declaration, “absence d'interdiction de gérer, article 13 de la loi du 04-05-2023 sur le Registre Central des interdictions de gérer” (deed in French), mentioned 2 times in the deed
2024
15-07
full format · 16 days before the deadline
2023
31-12
Financial
Highest result from 2018 to 2025net €389,302 ▲596%
The operating result of €553,322 and the net result of €389,302 are both a record.
31-12
Financial
Equity above €1mequity €1.2m ▲42.7%
After 2 profitable years in a row, equity reaches €1.2m.
16-06
full format · 45 days before the deadline
05-01
Gazette deed
Change of role: Bruno DELVA, from statutory director to directorRegistered office clause · Power of attorney · Purpose change11 points ▸
Gazette deed
Change of role: Bruno DELVA, from statutory director to director
Registered office clause · Power of attorney · Purpose change11 points ▸
- Registered office clause, “7712 Herseaux,rue Saint-Roch,2/B” (deed in French)
- Power of attorney, Chloé HUIN
- Power of attorney
- General meeting, 20-12-2022
- Purpose change
- Other provision, “adaptation statuts au CSA et maintien forme SRL, adapter les statuts” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible, rendre ces fonds disponibles pour distributions futures” (deed in French)
- Director resignation, Bruno DELVA (statutory director)
- Director appointment, Bruno DELVA (director (not named in the articles))
- Amendment of the articles, “ensemble des statuts” (deed in French)
2022
31-12
Financial
Back to profitnet €55,934
The net result is €55,934, after 2 loss-making years.
07-07
full format · 24 days before the deadline
2021
31-12
Financial
Weakest financial yearnet -€98,513
The net result drops to -€98,513, the lowest from 2018 to 2025. It recovers the following year.
16-07
full format · 15 days before the deadline
Show earlier events
2020
18-08
full format · 18 days late
2019
29-08
full format · 29 days late
2018
29-05
full format · 63 days before the deadline
2017
13-07
full format · 18 days before the deadline
2004
06-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
D.E.I. in French
Enterprise number
0864.957.908
Legal form
Private limited company
Status
Active, normale toestand
Founded
27-04-2004
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-01-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région wallonne, 2”
deed of 05-01-2023 (in French)Registered office and establishments
Registered office
Sint-Rochusstraat(H) 2/B, 7712 Mouscron, Belgium
Establishment unit
D.E.I., Sint-Rochusstraat(H) 2, 7712 Mouscron since 27-04-2004 · unit number 2.136.724.116
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
33200
Installation of industrial machinery and equipment
41003
General construction of other non-residential buildings
43212
Electrical installation work in industrial facilities
43222
Installation of electric heating, air conditioning, cooling and ventilation
43240
Other construction installation
Social security (RSZ) activities
43211
General electrical installation work main activity
Codes under NACEBEL 2008
VAT activities
43211
Specialised construction activities main activity
33200
Installation of industrial machinery and equipment
41203
Construction of residential and non-residential buildings
43212
Specialised construction activities
43222
Specialised construction activities
43299
Specialised construction activities
Social security (RSZ) activities
43211
Specialised construction activities main activity
Codes under NACEBEL 2003
VAT activities
45310
main activity
Social security (RSZ) activities
45310
main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 05-01-2023 (in French)
“A)La constitution,gestion et la valorisation d'un patrimoine immobilier; B)L'acquisition par voie de souscription ou d'achat d'actions ou…”
16 activities
- A)La constitution,gestion et la valorisation d'un patrimoine immobilier
- B)L'acquisition par voie de souscription ou d'achat d'actions ou parts,d'obligations,de bons de caisse ou d'autres valeurs mobilières
- C)L'octroi de prêts et de crédits occasionnels à des sociétés ou des personnes privées
- D)L'activité de conseil en matière technique,commerciale ou administrative
- E)L'exercice de toutes missions d'administration et de management
- F)Le développement,l'achat,la vente,la concession comme preneur ou concédant de licences,de brevets,de savoir-faire et d'autres immobilisations incorporelles
- G)L'achat et la vente,la prise en location et la mise en location de biens mobiliers
- H)Fournir des garanties réelles ou personnelles au profit de tiers
- I)la transformation et la location de tout type de véhicule automoteur
- L'entreprise de travaux d'électricité en général,comprenant l'installation,la réparation et l'entretien d'éclairage,de force motrice,d'appareils électriques de chauffage et de refroidissement,de téléphonie,de domotique,de systèmes d'alarme et de sécurité,d'enseignes lumineuses,de matériel électrique et radio électrique,de distributeurs automatiques,de jeux mécaniques,de matériel électrique pour l'industrie et le secteur particulier
- La pose de câbles et conduites diverses
- Le commerce en gros et en détail d'appareils électriques,matériel électrique et composants
- La location d'appareils électriques et matériel électrique
- La construction de machines électriques,appareils et accessoires ainsi que la vente et la location de ceux-ci
- L'exécution de tous travaux d'installation de ventilation et de conditionnement d'air,l'installation de toutes conduites de ventilation et de climatisation,tous travaux de réfrigération
- La fabrication et l'installation de panneaux solaires et photovoltaïques
Invoicing and payment
VAT number
BE 0864.957.908
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0864.957.908
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Recognised contractor
4 categoriesD.E.I. SRLapproval number 28663
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 4, up to €1,080,000
- P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 2, up to €330,000
- P3 Overhead power linesclass 2, up to €330,000
- S1 Public telephone and telegraph equipmentclass 2, up to €330,000
Licences in the Official Gazette
2 publications · 2 kindsSecurity firm approval (alarm systems)
Security firm approval (camera systems)
Sites & property
Location
Buildings and parcels at the address
Ground area
1,152 m²
Building footprint
387 m²
Building volume
2,173 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 54004K0014/00K002 | Wallonia | 1,151 m² | 1 · 387 m² | 6.5 m · 2 |