D-EL-SA
ActiveD-EL-SA has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169k and a net result of €27k. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-2
Solvency92▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 3.93 against 3.89 in 2024; short-term debt: 19% and cash: 31.4% of total assets), and 33.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.6%
Return on assets
10.7%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
1 d early
2022
32 d early
2021
34 d early
2020
23 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€169k▲ 10.6%
2024 · €153k
2019: €53k
2020: €64k
2021: €77k
2022: €108k
2023: €132k
2024: €153k
2019 → 2025
Total assets
€254k▲ 4.0%
2024 · €244k
2019: €110k
2020: €119k
2021: €120k
2022: €159k
2023: €160k
2024: €244k
2019 → 2025
Net result
€27k▼ 6.0%
2024 · €29k
2019: €11k
2020: €11k
2021: €12k
2022: €32k
2023: €24k
2024: €29k
2019 → 2025
Working capital
€142k▲ 19.3%
2024 · €119k
2019: €45k
2020: €57k
2021: €73k
2022: €104k
2023: €133k
2024: €119k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€108k▲ 41.4%€132k▲ 21.8%€153k▲ 15.8%€169k▲ 10.6%
Operating result€22k-€49k▲ 128%€38k▼ 23.4%€46k▲ 21.0%€40k▼ 12.5%
Net result€12k-€32k▲ 156%€24k▼ 25.5%€29k▲ 22.1%€27k▼ 6.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €254k
Fixed assets
€64k▼ 24.4%
Current assets
€190k▲ 18.8%
Equity and liabilities €254k
Equity
€169k▲ 10.6%
Debt
€85k▼ 7.1%
The debt ratio falls from 37.4% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€60k▼
2024 · €63k
Cash flow
€48k▲
2024 · €46k
Solvency
66.6%▲
2024 · 62.6%
Current ratio
3.93▲
2024 · 3.89
Quick ratio
3.93▲
2024 · 3.89
Debt / equity
0.50▼
2024 · 0.60
ROE
16.0%▼
2024 · 18.9%
ROA
10.7%▼
2024 · 11.8%
Interest coverage
14.79▼
2024 · 17.26
Debt
€85k▼
2024 · €91k
Debt ≤ 1 year
€48k▲
2024 · €41k
Debt > 1 year
€34k▼
2024 · €49k
Income taxes
€14k▲
2024 · €13k
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€244k€254k▲
Fixed assets21/28€84k€64k▼
Tangible fixed assets22/27€84k€64k▼
Furniture and vehicles24€84k€64k▼
Current assets29/58€160k€190k▲
Amounts receivable within one year40/41€12k€13k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€2k€3k▲
Current investments50/53€99k€93k▼
Cash at bank and in hand54/58€46k€80k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€244k€254k▲
Equity10/15€153k€169k▲
Contributions10/11€15k€15k=
Reserves13€138k€154k▲
Distributable reserves133€138k€154k▲
Amounts payable17/49€91k€85k▼
Amounts payable after more than one year17€49k€34k▼
Financial debts170/4€49k€34k▼
Amounts payable within one year42/48€41k€48k▲
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€4k€783▼
Suppliers440/4€4k€783▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Other amounts payable47/48€11k€20k▲
Accrued charges and deferred income492/3€975€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Other operating charges640/8€898€277▼
Gross operating margin9900€64k€61k▼
Operating profit (loss)9901€46k€40k▼
Financial income75/76B€419€5k▲
Recurring financial income75€419€5k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€42k€41k▼
Income taxes67/77€13k€14k▲
Profit (loss) for the period9904€29k€27k▼
Profit (loss) for the period to be appropriated9905€29k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€27k▼
Transfer from equity791/2€8k€11k▲
Transfer to equity691/2€29k€27k▼
To other reserves6921€29k€27k▼
Profit to be distributed694/7€8k€11k▲
Return on contributions (dividend)694€8k€11k▲
The notes to these accounts (6 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Equity above €150kEq €153k ▲15.8%
6 profitable years in a row build equity to €153k.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €32k ▲156%
Operating result €49k, net result €32k, both a record.
30-06
Financial
Equity above €100kEq €108k ▲41.4%
4 profitable years in a row build equity to €108k.
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
08-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €11k ▼0.1%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
28-12
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
1 act for this company is 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, De Haan · 1 establishment unit since 2013
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.
Nieuwe Steenweg 2168420 De HaanGround area
532 m²
Building footprint
337 m²
Volume, LiDAR
4,139 m³
Parcel 35007A0289/00W003, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
D-EL-SA
since 20132.224.139.625
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007A0289/00W003 | Flanders | 532 m² | 1 · 337 m² | 15.0 m · 4 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
MGL CONSULTING
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Isabelle Meunier
BE 1010.552.829
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Makeda Consulting
BE 0811.789.931
Mons · Eq €169k
ON DEMAND
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Ukkel · Eq €169k
IMMO PROTECT
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Gembloux · Eq €169k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-07-2013
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.