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.
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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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, abbreviated schema
Equity
€322k▼ 13.2%
2024 · €371k
Total assets
€694k▼ 22.7%
2024 · €897k
Net result
€-49k▲ 33.0%
2024 · €-73k
Working capital
€214k▼ 20.7%
2024 · €270k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€140k▼ 23.2%€82k▼ 41.0%€21k▼ 74.0%€146k▲ 582%€-36k
Net result€94k▼ 21.9%€51k▼ 45.2%€5k▼ 91.2%€-73k€-49k▲ 33.0%
Equity€550k▲ 20.5%€600k▲ 9.2%€604k▲ 0.6%€371k▼ 38.6%€322k▼ 13.2%
Total assets€1.66M▼ 18.8%€874k▼ 47.5%€919k▲ 5.2%€897k▼ 2.4%€694k▼ 22.7%
Debt€1.11M▼ 30.0%€274k▼ 75.4%€316k▲ 15.2%€526k▲ 66.8%€372k▼ 29.4%
Working capital€439k▲ 26.6%€497k▲ 13.1%€488k▼ 1.8%€270k▼ 44.6%€214k▼ 20.7%
Staff (FTE)00
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.
Annual accounts
| 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 |
Recognitions · licences · registrations
Recognised contractor
1 categoryDALEK BV43226
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 10,784 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.