Result
From profit to loss in 2025, after a profit of €63,352 in 2024.
From profit to loss in 2025, after a profit of €63,352 in 2024.
The micro format states no turnover.
Green is investment, beige is depreciation.
In 2025, 5 people joined and 3 left.
Five of the last ten came late. The 2023 accounts came latest: 30 days after the end of the period.
Lower net result than 87% of companies in specialised construction. Sector median €9,998 · 37,193 companies.
In July 2024, 6,920 companies had the same profile as DAL-E has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for DAL-E. 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.
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.
| Company | ||||
|---|---|---|---|---|
| DAL-E Grez-Doiceau | - | - | 67.1% | - |
| MC LINE Ottignies-Louvain-la-Neuve | - | - | 59.6% | - |
| POLYTECH BELGIUM Ramillies | - | - | 30.0% | - |
| B-M ENERGY Couvin | €510,765 | 1.6% | 21.9% | - |
| DECULENAIRE PATRICK Frasnes-lez-Anvaing | €337,439 | 22.4% | 96.5% | - |
| TheGo Evere | - | - | 63.2% | - |
| SAM Bouw Heist-op-den-Berg | - | - | 58.0% | - |
These companies have the same main activity as DAL-E: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €351,000 and €449,000, founded between 2012 and 2014.
DAL-E files the micro format. That format states no turnover. The gross margin rose from €33,698 in 2013 to €137,357 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €410,000. Estimated: probably between €280,000 and €500,000.
Higher than 72% of 37,211 companies in 2025.
Higher than 83% of 36,505 companies in 2025.
Higher than 19% of 36,740 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 5 people joined and 3 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
369,170 | 328,939 | 270,613 | 216,910 | 168,267 | 158,841 | 122,828 | 99,433 | 152,105 | 156,908 | 100,324 | 92,378 | 76,666 | |
21/28 |
163,383 | 108,838 | 92,100 | 9,564 | 11,774 | 8,083 | 6,474 | 7,857 | 8,487 | 12,159 | 16,162 | 21,403 | 25,852 | |
21 |
- | - | - | - | 150 | 300 | 450 | 600 | 750 | 900 | 1,050 | 1,200 | 1,350 | |
22/27 |
163,323 | 108,778 | 92,040 | 9,504 | 11,574 | 7,733 | 5,974 | 7,207 | 7,737 | 11,259 | 15,112 | 20,203 | 24,502 | |
23 |
- | - | - | - | - | - | - | 0 | 159 | 319 | - | - | - | |
24 |
163,323 | 108,778 | 92,040 | 9,504 | 11,574 | 7,733 | 5,974 | 7,207 | 7,577 | 10,941 | 15,112 | 20,203 | 24,502 | |
28 |
60 | 60 | 60 | 60 | 50 | 50 | 50 | 50 | - | - | - | - | - | |
29/58 |
205,788 | 220,101 | 178,513 | 207,346 | 156,492 | 150,758 | 116,354 | 91,576 | 143,618 | 144,749 | 84,162 | 70,975 | 50,814 | |
3 |
- | - | 3,000 | 2,500 | 3,200 | 1,500 | 2,000 | 3,500 | - | - | - | - | - | |
30/36 |
- | - | 3,000 | 2,500 | 3,200 | 1,500 | 2,000 | 3,500 | - | - | - | - | - | |
40/41 |
123,929 | 115,704 | 87,929 | 77,441 | 100,500 | 62,529 | 57,344 | 50,018 | 29,612 | 62,097 | 38,526 | 18,063 | 11,805 | |
40 |
113,414 | 102,501 | 75,313 | 75,071 | 93,187 | 49,119 | 45,470 | 41,425 | 20,850 | 49,452 | 29,407 | 15,421 | 10,182 | |
41 |
10,515 | 13,204 | 12,616 | 2,370 | 7,313 | 13,411 | 11,874 | 8,593 | 8,762 | 12,645 | 9,119 | 2,642 | 1,623 | |
54/58 |
68,599 | 92,426 | 78,775 | 113,820 | 41,369 | 82,272 | 53,677 | 38,057 | 107,006 | 80,558 | 43,292 | 52,912 | 37,708 | |
490/1 |
13,260 | 11,970 | 8,809 | 13,586 | 11,424 | 4,457 | 3,333 | - | 7,000 | 2,094 | 2,343 | - | 1,301 | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
369,170 | 328,939 | 270,613 | 216,910 | 168,267 | 158,841 | 122,828 | 99,433 | 152,105 | 156,908 | 100,324 | 92,378 | 76,666 | |
10/15 |
247,880 | 256,749 | 195,116 | 171,415 | 127,233 | 109,651 | 69,818 | 76,505 | 123,543 | 106,653 | 85,146 | 68,303 | 29,044 | |
10/11 |
20,460 | 20,460 | 20,460 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
169,433 | 169,433 | 107,833 | 86,693 | 41,693 | 41,693 | 1,860 | 1,860 | 1,860 | 1,860 | 20,610 | 20,610 | 1,860 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | - | - | - | - | - | 18,750 | 18,750 | - | |
133 |
169,433 | 169,433 | 107,833 | 84,833 | 39,833 | 39,833 | - | - | - | - | - | - | - | |
14 |
57,986 | 66,856 | 66,822 | 66,121 | 66,940 | 49,358 | 49,358 | 56,045 | 103,083 | 86,193 | 45,936 | 29,093 | 8,584 | |
16 |
39,841 | 20,080 | 15,696 | - | - | - | - | - | - | - | - | - | - | |
160/5 |
39,841 | 20,080 | 15,696 | - | - | - | - | - | - | - | - | - | - | |
164/5 |
39,841 | 20,080 | 15,696 | - | - | - | - | - | - | - | - | - | - | |
17/49 |
81,450 | 52,110 | 59,802 | 45,495 | 41,033 | 49,190 | 53,010 | 22,928 | 28,561 | 50,256 | 15,178 | 24,075 | 47,622 | |
17 |
37,784 | - | - | - | - | - | - | - | - | 1,982 | 5,860 | 9,625 | 13,281 | |
170/4 |
37,784 | - | - | - | - | - | - | - | - | 1,982 | 5,860 | 9,625 | 13,281 | |
42/48 |
43,666 | 52,110 | 59,802 | 44,267 | 41,033 | 49,190 | 53,010 | 22,928 | 28,561 | 48,273 | 9,318 | 14,450 | 34,342 | |
42 |
8,858 | - | - | - | - | - | - | - | 1,982 | 3,878 | 3,765 | 3,656 | 3,550 | |
43 |
- | 8,330 | 2,070 | 111 | - | - | - | - | - | - | - | - | - | |
430/8 |
- | 8,330 | 2,070 | 111 | - | - | - | - | - | - | - | - | - | |
44 |
21,548 | 31,209 | 35,353 | 17,298 | 17,764 | 21,671 | 18,187 | 17,167 | 17,319 | 24,170 | 343 | 3,983 | 3,468 | |
440/4 |
21,548 | 31,209 | 35,353 | 17,298 | 17,764 | 21,671 | 18,187 | 17,167 | 17,319 | 24,170 | 343 | 3,983 | 3,468 | |
45 |
6,917 | 7,837 | 16,600 | 18,412 | 7,093 | 3,183 | 2,260 | 3,231 | 3,236 | 2,536 | 2,052 | 3,595 | 1,304 | |
450/3 |
1,642 | 4,017 | 8,663 | 13,220 | 3,105 | 1,581 | 373 | 282 | 331 | 449 | 383 | 2,405 | 114 | |
454/9 |
5,274 | 3,820 | 7,937 | 5,191 | 3,988 | 1,602 | 1,887 | 2,949 | 2,905 | 2,086 | 1,669 | 1,190 | 1,190 | |
47/48 |
6,344 | 4,734 | 5,778 | 8,447 | 16,176 | 24,337 | 32,564 | 2,530 | 6,024 | 17,691 | 3,157 | 3,217 | 26,020 | |
492/3 |
- | - | - | 1,228 | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||
9900 |
137,357 | 169,769 | 126,631 | 145,286 | 83,220 | 68,557 | 36,616 | 31,034 | 53,020 | 74,448 | 38,229 | 60,490 | 33,698 | |
62 |
69,067 | 50,312 | 51,900 | 72,854 | 54,419 | 18,140 | 5,956 | 7,283 | 12,990 | 9,543 | 2,090 | - | - | |
630 |
41,042 | 26,802 | 19,928 | 5,361 | 4,881 | 3,792 | 5,525 | 5,934 | 10,974 | 9,488 | 9,218 | 8,619 | 7,153 | |
635/8 |
19,761 | 4,384 | 15,696 | - | - | - | - | - | - | - | - | - | - | |
640/8 |
2,318 | 2,731 | 2,678 | 3,553 | 3,711 | 1,230 | 512 | 1,149 | 1,436 | 741 | 841 | 495 | 3,211 | |
9901 |
5,169 | 85,541 | 36,428 | 63,519 | 20,210 | 45,394 | 24,623 | 16,669 | 27,620 | 54,676 | 26,080 | 51,376 | 23,335 | |
75/76B |
3,374 | 22,805 | 5,848 | 604 | 312 | 0 | 25 | 212 | 279 | 895 | 808 | 516 | 151 | |
75 |
3,374 | 1,715 | 5,848 | 604 | 312 | 0 | 25 | 212 | 279 | 895 | 808 | 516 | 151 | |
76B |
- | 21,090 | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
12,777 | 20,297 | 3,981 | 1,314 | 1,497 | 1,232 | 31,251 | 63,769 | -15 | 496 | 365 | 466 | 290 | |
65 |
12,777 | 20,297 | 3,981 | 1,314 | 1,497 | 1,232 | 31,251 | 63,769 | -15 | 496 | 365 | 466 | 290 | |
9903 |
-4,234 | 88,048 | 38,296 | 62,809 | 19,025 | 44,162 | -6,602 | -46,888 | 27,915 | 55,075 | 26,523 | 51,426 | 23,196 | |
67/77 |
4,635 | 24,697 | 14,595 | 17,028 | 1,443 | 4,329 | 85 | 150 | 11,024 | 17,568 | 9,679 | 12,168 | 3,751 | |
9904 |
-8,870 | 63,352 | 23,701 | 45,782 | 17,582 | 39,833 | -6,687 | -47,039 | 16,891 | 37,506 | 16,844 | 39,258 | 19,444 | |
789 |
- | - | - | - | - | - | - | - | - | 18,750 | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | 18,750 | - | |
9905 |
-8,870 | 63,352 | 23,701 | 45,782 | 17,582 | 39,833 | -6,687 | -47,039 | 16,891 | 56,256 | 16,844 | 20,508 | 19,444 | |
| Appropriation of the result | ||||||||||||||
9906 |
57,986 | 130,174 | 89,822 | 112,721 | 66,940 | 89,191 | 49,358 | 56,045 | 103,083 | 102,193 | 45,936 | 29,093 | 19,444 | |
14P |
66,856 | 66,822 | 66,121 | 66,940 | 49,358 | - | - | - | - | - | - | - | - | |
691/2 |
- | 61,600 | 23,000 | 45,000 | - | 39,833 | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | 45,000 | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 61,600 | 23,000 | - | - | 39,833 | - | - | - | - | - | - | - | |
694/7 |
- | 1,718 | - | 1,600 | - | - | - | - | - | 16,000 | - | - | 9,000 | |
694 |
- | 1,718 | - | 1,600 | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | 16,000 | - | - | 9,000 | |
| Social balance sheet | ||||||||||||||
9087 |
1.4 | 2 | 2 | 2 | 1.8 | 0.7 | 0.8 | 1 | 1 | 1 | 0.3 | - | - | |
Hours worked1013 |
2,280 | - | 3,064 | 3,064 | 3,040 | 1,128 | 1,227 | 1,696 | 1,520 | 1,760 | 441 | - | - | |
| Document | ||||||||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 01-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-06-2026 | 2026-00141051 | |
| 31-12-2024 | micro format | 06-08-2025 | 2025-00366593 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00444545 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00364305 | |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20286867 | |
| 31-12-2020 | micro format | 11-08-2021 | 2021-47900070 | |
| 31-12-2019 | micro format | 25-05-2020 | 2020-12900599 | |
| 31-12-2018 | micro format | 23-04-2019 | 2019-10300141 | |
| 31-12-2017 | micro format | 01-06-2018 | 2018-15600381 | |
| 31-12-2016 | micro format | 26-06-2017 | 2017-21500576 | |
| 31-12-2015 | full format | 28-04-2016 | 2016-11100532 | |
| 31-12-2014 | full format | 23-04-2015 | 2015-10200405 | |
| 31-12-2013 | full format | 25-06-2014 | 2014-23000421 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 46,211 | 112,342 | 56,356 | 68,880 | 25,091 | 49,187 | 30,148 | 22,603 | 38,594 | 64,164 | 35,298 | 59,995 | 30,487 | ||
| 32,172 | 90,153 | 43,629 | 51,143 | 22,463 | 43,626 | -1,162 | -41,105 | 27,865 | 46,994 | 26,062 | 47,877 | 26,597 | ||
| 95,587 | 79,350 | 102,483 | 3,330 | 9,557 | 5,402 | 4,141 | 5,305 | 7,301 | 5,485 | 4,060 | 4,169 | 36,755 | ||
| -23,828 | 13,651 | -35,045 | 72,451 | -40,903 | 28,595 | 15,620 | -68,949 | 26,448 | 37,266 | -9,619 | 15,203 | - | ||
| 162,121 | 167,991 | 118,711 | 163,079 | 115,459 | 101,568 | 63,344 | 68,647 | 115,057 | 96,476 | 74,844 | 56,525 | 16,473 | ||
| 67.1% | 78.1% | 72.1% | 79.0% | 75.6% | 69.0% | 56.8% | 76.9% | 81.2% | 68.0% | 84.9% | 73.9% | 37.9% | ||
| 4.71 | 4.22 | 2.99 | 4.68 | 3.81 | 3.06 | 2.19 | 3.99 | 5.03 | 3.00 | 9.03 | 4.91 | 1.48 | ||
| 4.71 | 4.22 | 2.93 | 4.63 | 3.74 | 3.03 | 2.16 | 3.84 | 5.03 | 3.00 | 9.03 | 4.91 | 1.48 | ||
| 0.33 | 0.20 | 0.31 | 0.27 | 0.32 | 0.45 | 0.76 | 0.30 | 0.23 | 0.47 | 0.18 | 0.35 | 1.64 | ||
| -3.6% | 24.7% | 12.1% | 26.7% | 13.8% | 36.3% | -9.6% | -61.5% | 13.7% | 35.2% | 19.8% | 57.5% | 66.9% | ||
| -2.4% | 19.3% | 8.8% | 21.1% | 10.4% | 25.1% | -5.4% | -47.3% | 11.1% | 23.9% | 16.8% | 42.5% | 25.4% | ||
| 3.62 | 5.53 | 14.16 | 52.42 | 16.76 | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | - | 2 | 2 | 2 |
| full-time | 2 | - | 2 | 2 | 2 |
| part-time | - | - | 0 | - | - |
| in full-time equivalents | 2 | - | - | 2 | 2 |
| 1.4 | 2 | 2 | 2 | 1.8 | |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
| Joined | 5 | 1 | 1 | 1 | 1 |
| Left | 3 | 1 | 1 | 1 | 1 |
| Training hours | - | - | - | - | 1,000 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €95,587 | €79,350 | €102,483 | €3,320 | €9,557 |
| Financial fixed assets | - | - | - | €10 | - |
| €41,042 | €26,802 | €19,928 | €5,361 | €4,881 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 94% lower than in 2024 and the lowest since 2013.
Debt's share of the balance-sheet total rises from 15.8% to 22.1%. Equity is lower and debt is higher.
DAL-E has no parent and no holdings in its annual accounts. DAL-E shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Chaussée de Wavre 259 registered office 1390 Grez-Doiceau | 20-02-2013 | 2.217.199.472 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25001C0054/00F000 | 416 m² | 1 · 46 m² | 10.3 m · 3 |
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 0518.946.040
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