DALEK
ActiveSummary
DALEK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €322k and a net result of €-49k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-6
Solvency71▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.61 in 2024; short-term debt: 44.7% and cash: 17.9% of total assets), but 53.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-49k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
2 d early
2022
31 d late
2021
29 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€322k▼ 13.2%
2024 · €371k
2018: €240klowest in 8 years
2019: €336k▲ +40.2% vs 2018
2020: €456k▲ +35.7% vs 2019
2021: €550k▲ +20.5% vs 2020
2022: €600k▲ +9.2% vs 2021
2023: €604k▲ +0.6% vs 2022highest in 8 years
2024: €371k▼ -38.6% vs 2023
2025: €322k▼ -13.2% vs 2024
2018 → 2025
Total assets
€694k▼ 22.7%
2024 · €897k
2018: €948k
2019: €2.10M▲ +122% vs 2018highest in 8 years
2020: €2.05M▼ -2.7% vs 2019
2021: €1.66M▼ -18.8% vs 2020
2022: €874k▼ -47.5% vs 2021
2023: €919k▲ +5.2% vs 2022
2024: €897k▼ -2.4% vs 2023
2025: €694k▼ -22.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€-49k▲ 33.0%
2024 · €-73k
2018: €81k
2019: €96k▲ +18.8% vs 2018
2020: €120k▲ +24.4% vs 2019highest in 8 years
2021: €94k▼ -21.9% vs 2020
2022: €51k▼ -45.2% vs 2021
2023: €5k▼ -91.2% vs 2022
2024: €-73k▼ -1708% vs 2023lowest in 8 years
2025: €-49k▲ +33.0% vs 2024
2018 → 2025
Working capital
€214k▼ 20.7%
2024 · €270k
2018: €127klowest in 8 years
2019: €680k▲ +437% vs 2018highest in 8 years
2020: €347k▼ -49.0% vs 2019
2021: €439k▲ +26.6% vs 2020
2022: €497k▲ +13.1% vs 2021
2023: €488k▼ -1.8% vs 2022
2024: €270k▼ -44.6% vs 2023
2025: €214k▼ -20.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€550k-€600k▲ 9.2%€604k▲ 0.6%€371k▼ 38.6%€322k▼ 13.2%
2021: €550k
2022: €600k▲ +9.2% vs 2021
2023: €604k▲ +0.6% vs 2022highest in 5 years
2024: €371k▼ -38.6% vs 2023
2025: €322k▼ -13.2% vs 2024lowest in 5 years
Operating result€140k-€82k▼ 41.0%€21k▼ 74.0%€146k▲ 582%€-36k
2021: €140k
2022: €82k▼ -41.0% vs 2021
2023: €21k▼ -74.0% vs 2022
2024: €146k▲ +582% vs 2023highest in 5 years
2025: €-36k▼ -125% vs 2024lowest in 5 years
Net result€94k-€51k▼ 45.2%€5k▼ 91.2%€-73k€-49k▲ 33.0%
2021: €94khighest in 5 years
2022: €51k▼ -45.2% vs 2021
2023: €5k▼ -91.2% vs 2022
2024: €-73k▼ -1708% vs 2023lowest in 5 years
2025: €-49k▲ +33.0% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €36k after €146k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €694k
Fixed assets
€170k ▼ 6.1%
Current assets
€524k ▼ 26.9%
Equity and liabilities €694k
Equity
€322k ▼ 13.2%
Debt
€372k ▼ 29.4%
Debt's share of the balance-sheet total falls from 58.7% to 53.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-24k▼
2024 · €189k
Cash flow
€-36k▼
2024 · €-30k
Current ratio
1.69▲
2024 · 1.61
Quick ratio
1.48▲
2024 · 1.29
Debt to equity
1.15▼
2024 · 1.42
ROE
-15.2%▲
2024 · -19.7%
ROA
-7.0%▲
2024 · -8.1%
Interest coverage
-1.89▼
2024 · 0.86
Debt ≤ 1 year
€310k▼
2024 · €446k
Debt > 1 year
€60k▼
2024 · €75k
Income taxes
€135▼
2024 · €213
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 · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€897k€694k▼
Fixed assets21/28€181k€170k▼
Tangible fixed assets22/27€176k€167k▼
Land and buildings22€140k€129k▼
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€35k€34k▼
Financial fixed assets28€5k€3k▼
Current assets29/58€716k€524k▼
Stocks and contracts in progress3€140k€64k▼
Contracts in progress37€140k€64k▼
Amounts receivable within one year40/41€405k€330k▼
Trade receivables40€164k€208k▲
Other amounts receivable41€241k€123k▼
Cash at bank and in hand54/58€163k€124k▼
Deferred charges and accrued income490/1€9k€5k▼
Equity and liabilities
Total equity and liabilities10/49€897k€694k▼
Equity10/15€371k€322k▼
Contributions10/11€12k€12k=
Reserves13€366k€366k=
Distributable reserves133€366k€366k=
Profit (loss) carried forward14€-7k€-56k▼
Amounts payable17/49€526k€372k▼
Amounts payable after more than one year17€75k€60k▼
Financial debts170/4€75k€60k▼
Amounts payable within one year42/48€446k€310k▼
Current portion of amounts payable after more than one year42€27k€15k▼
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€180k€70k▼
Suppliers440/4€180k€70k▼
Taxes, remuneration and social security45€14k€0▼
Taxes450/3€8k€0▼
Remuneration and social security454/9€6k€0▼
Other amounts payable47/48€226k€215k▼
Accrued charges and deferred income492/3€5k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€250€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€12k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€195k€-17k▼
Operating profit (loss)9901€146k€-36k▼
Financial income75/76B€702€484▼
Recurring financial income75€702€484▼
Financial charges65/66B€220k€13k▼
Recurring financial charges65€220k€13k▼
Profit (loss) for the period before taxes9903€-73k€-49k▲
Income taxes67/77€213€135▼
Profit (loss) for the period9904€-73k€-49k▲
Profit (loss) for the period to be appropriated9905€-73k€-49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-56k▲
Profit (loss) brought forward from the previous period14P€1k€-7k▼
Transfer from equity791/2€224k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€160k€0▼
Return on contributions (dividend)694€160k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €250 | €10k | ▲ 3,900% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €36k | €33k | €41k | €43k | €12k | ▼ 70.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €146k | €24k | €0 | - | - | - |
| Other operating charges640/8 | €7k | €10k | €8k | €6k | €7k | ▲ 19.0% |
| Gross operating margin9900 | €328k | €149k | €71k | €195k | €-17k | ▼ 109% |
| Operating profit (loss)9901 | €140k | €82k | €21k | €146k | €-36k | ▼ 125% |
| Financial income75/76B | €650 | €1k | €707 | €702 | €484 | ▼ 31.1% |
| Recurring financial income75 | €650 | €1k | €707 | €702 | €484 | ▼ 31.1% |
| Financial charges65/66B | €8k | €12k | €15k | €220k | €13k | ▼ 94.2% |
| Recurring financial charges65 | €8k | €12k | €15k | €220k | €13k | ▼ 94.2% |
| Profit (loss) for the period before taxes9903 | €132k | €71k | €7k | €-73k | €-49k | ▲ 33.0% |
| Income taxes67/77 | €38k | €20k | €2k | €213 | €135 | ▼ 36.8% |
| Profit (loss) for the period9904 | €94k | €51k | €5k | €-73k | €-49k | ▲ 33.0% |
| Profit (loss) for the period to be appropriated9905 | €94k | €51k | €5k | €-73k | €-49k | ▲ 33.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.66M | €874k | €919k | €897k | €694k | ▼ 22.7% |
| Fixed assets21/28 | €222k | €192k | €224k | €181k | €170k | ▼ 6.1% |
| Tangible fixed assets22/27 | €218k | €187k | €219k | €176k | €167k | ▼ 5.4% |
| Land and buildings22 | €172k | €162k | €151k | €140k | €129k | ▼ 7.7% |
| Plant, machinery and equipment23 | €2k | €906 | €2k | €1k | €4k | ▲ 158% |
| Furniture and vehicles24 | €44k | €25k | €66k | €35k | €34k | ▼ 2.7% |
| Financial fixed assets28 | €5k | €5k | €5k | €5k | €3k | ▼ 34.6% |
| Current assets29/58 | €1.44M | €682k | €696k | €716k | €524k | ▼ 26.9% |
| Stocks and contracts in progress3 | €805k | €75k | €140k | €140k | €64k | ▼ 54.1% |
| Stocks30/36 | €730k | €0 | - | - | - | - |
| Contracts in progress37 | €75k | €75k | €140k | €140k | €64k | ▼ 54.1% |
| Amounts receivable within one year40/41 | €494k | €500k | €490k | €405k | €330k | ▼ 18.4% |
| Trade receivables40 | €138k | €131k | €101k | €164k | €208k | ▲ 26.4% |
| Other amounts receivable41 | €356k | €368k | €388k | €241k | €123k | ▼ 48.9% |
| Cash at bank and in hand54/58 | €138k | €102k | €58k | €163k | €124k | ▼ 23.6% |
| Deferred charges and accrued income490/1 | €5k | €6k | €8k | €9k | €5k | ▼ 45.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.66M | €874k | €919k | €897k | €694k | ▼ 22.7% |
| Equity10/15 | €550k | €600k | €604k | €371k | €322k | ▼ 13.2% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €534k | €586k | €590k | €366k | €366k | = |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €534k | €586k | €590k | €366k | €366k | = |
| Profit (loss) carried forward14 | €3k | €2k | €1k | €-7k | €-56k | ▼ 678% |
| Amounts payable17/49 | €1.11M | €274k | €316k | €526k | €372k | ▼ 29.4% |
| Amounts payable after more than one year17 | €108k | €84k | €102k | €75k | €60k | ▼ 19.8% |
| Financial debts170/4 | €108k | €84k | €102k | €75k | €60k | ▼ 19.8% |
| Amounts payable within one year42/48 | €1.00M | €185k | €208k | €446k | €310k | ▼ 30.6% |
| Current portion of amounts payable after more than one year42 | €27k | €24k | €35k | €27k | €15k | ▼ 43.4% |
| Financial debts43 | - | - | - | - | €10k | - |
| Credit institutions430/8 | - | - | - | - | €10k | - |
| Trade debts44 | €77k | €53k | €88k | €180k | €70k | ▼ 61.2% |
| Suppliers440/4 | €77k | €53k | €88k | €180k | €70k | ▼ 61.2% |
| Advances received on contracts in progress46 | €612k | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €177k | €0 | €3k | €14k | €0 | ▼ 100% |
| Taxes450/3 | €177k | €0 | - | €8k | €0 | ▼ 100% |
| Remuneration and social security454/9 | €0 | - | €3k | €6k | €0 | ▼ 100% |
| Other amounts payable47/48 | €110k | €108k | €82k | €226k | €215k | ▼ 4.9% |
| Accrued charges and deferred income492/3 | €5k | €4k | €6k | €5k | €1k | ▼ 69.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €94k | €51k | €5k | €-73k | €-49k | ▲ 33.0% |
| + Depreciation and write-downs630 | €36k | €33k | €41k | €43k | €12k | ▼ 70.9% |
| Operating cash flow (approximation) | €129k | €84k | €46k | €-30k | €-36k | ▼ 20.1% |
| Investment in fixed assets (approximation) | - | €-2k | €-73k | €0 | €-1k | - |
| Change in cash | - | €-36k | €-43k | €104k | €-38k | ▼ 137% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 3.68
Current ratio from 1.44 to 3.68; short-term debt falls from €1.00M to €185k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Equity above €500kEq €550k ▲20.5%
4 profitable years in a row build equity to €550k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €120k ▲24.4%
Operating result €182k, net result €120k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
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.
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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, Merelbeke-Melle · 1 establishment unit since 2009
Ground area
193 m²
Building footprint
66 m²
Volume, LiDAR
426 m³
Parcel 44024A0288/00C002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Geraardsbergsesteenweg 178, 9090 Merelbeke-Melle
since 20092.184.447.225
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44024A0288/00C002 | Flanders | 193 m² | 1 · 66 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 585 EUR awarded · 585 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 585 EUR | 585 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryDALEK BV43226
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 10,780 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.