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DELACOM DEVELOPMENT

Active
Private limited companyfounded 20188 yrs activeOude Bellegemstraat(Z) 12, 8550 Zwevegem, BelgiumKBO/BCE: BE 0697.773.260

DELACOM DEVELOPMENT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €22k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 13% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
56 / 100
Fair▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+88
Solvency8▼-1
Growth83=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.75 in 2024), and 93.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
6.6%
Return on assets
1.8%
Age of the figures
14 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 16906 sector peers (2025).
NBB · sector comparison
Position among 16906 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-03-2026, 38 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filings
Deviation from the deadline
2025
38 d late
2024
17 d early
2023
1 d early
2022
39 d early
2021
3 d early
2020
2 d early
2019
42 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 months
Position in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€233k▲ 13.9%
2020 · €205k
2019: €168k 2020: €205k
2019 → 2021
EBIT margin
23.6%▲ 5.0pp
2020 · 18.5%
2019: 1.6% 2020: 18.5%
2019 → 2021
Net result
€22k▲ 1,215%
2024 · €2k
2019: €313 2020: €27k 2021: €46k 2022: €56k 2023: €50k 2024: €2k
2019 → 2025
Working capital
€-96k▼ 8.3%
2024 · €-89k
2019: €4k 2020: €21k 2021: €41k 2022: €-36k 2023: €-75k 2024: €-89k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€233k-
Equity€88k-€27k▼ 69.4%€70k▲ 159%€70k▲ 0.1%€81k▲ 15.7%
Operating result€55k-€81k▲ 47.7%€78k▼ 3.5%€34k▼ 56.5%€75k▲ 120%
Net result€46k-€56k▲ 23.0%€50k▼ 10.8%€2k▼ 96.6%€22k▲ 1,215%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €55k€55kNet result 2021: €46k€46kOperating result 2022: €81k€81kNet result 2022: €56k€56kOperating result 2023: €78k€78kNet result 2023: €50k€50kOperating result 2024: €34k€34kNet result 2024: €2k€2kOperating result 2025: €75k€75kNet result 2025: €22k€22k20212022202320242025
The operating result recovers in 2025; 2025 is 120% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets €1.01M▼ 7.4%
Current assets €209k▼ 22.5%
Equity and liabilities €1.22M
Equity €81k▲ 15.7%
Debt €1.14M▼ 11.8%
The debt ratio falls from 94.9% to 93.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€183k
2024 · €140k
Cash flow
€130k
2024 · €107k
Solvency
6.6%
2024 · 5.1%
Current ratio
0.68
2024 · 0.75
Quick ratio
0.68
2024 · 0.75
Debt / equity
14.10
2024 · 18.50
ROE
27.9%
2024 · 2.5%
ROA
1.8%
2024 · 0.1%
Interest coverage
4.39
2024 · 5.34
Debt
€1.14M
2024 · €1.29M
Debt ≤ 1 year
€305k
2024 · €358k
Debt > 1 year
€813k
2024 · €924k
Income taxes
€11k
2024 · €6k
Staff costs
€430k
2024 · €349k
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€1.36M€1.22M
Fixed assets21/28€1.09M€1.01M
Tangible fixed assets22/27€789k€708k
Land and buildings22€492k€466k
Plant, machinery and equipment23€22k€12k
Furniture and vehicles24€275k€230k
Financial fixed assets28€300k€300k=
Current assets29/58€269k€209k
Amounts receivable within one year40/41€208k€118k
Trade receivables40€207k€118k
Other amounts receivable41€269-
Cash at bank and in hand54/58€43k€77k
Deferred charges and accrued income490/1€19k€14k
Equity and liabilities
Total equity and liabilities10/49€1.36M€1.22M
Equity10/15€70k€81k
Contributions10/11€100€100=
Reserves13€70k€80k
Distributable reserves133€70k€80k
Amounts payable17/49€1.29M€1.14M
Amounts payable after more than one year17€924k€813k
Financial debts170/4€874k€763k
Other amounts payable178/9€50k€50k=
Amounts payable within one year42/48€358k€305k
Current portion of amounts payable after more than one year42€145k€121k
Trade debts44€24k€26k
Suppliers440/4€24k€26k
Taxes, remuneration and social security45€103k€66k
Taxes450/3€43k€19k
Remuneration and social security454/9€60k€47k
Other amounts payable47/48€86k€92k
Accrued charges and deferred income492/3€7k€18k
Income statement Code20242025
Remuneration, social security and pensions62€349k€430k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€108k
Other operating charges640/8€3k€8k
Gross operating margin9900€491k€621k
Operating profit (loss)9901€34k€75k
Financial income75/76B€25€62
Recurring financial income75€25€62
Financial charges65/66B€26k€42k
Recurring financial charges65€26k€42k
Profit (loss) for the period before taxes9903€8k€34k
Income taxes67/77€6k€11k
Profit (loss) for the period9904€2k€22k
Profit (loss) for the period to be appropriated9905€2k€22k
Appropriation of the result
Profit (loss) to be appropriated9906€2k€22k
Transfer from equity791/2-€42
Transfer to equity691/2€42€11k
To other reserves6921€42€11k
Profit to be distributed694/7€2k€12k
Return on contributions (dividend)694€2k€2k
Employees696-€10k

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
10-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
14-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
23-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Highest result since 2019net €56k ▲23%
Operating result €81k, net result €56k, both a record.
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
20-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 directors, no change since 2026
BITWORKS
Director · since 01-01-2026 · Limited partnership
Current
CONVERSION 7.0
Director · since 01-01-2026 · Legal entity
Current
Matthieu DE LAERE
Managing director · since 21-11-2025
Current
01-01-2026 BITWORKS: Appointed as Director
01-01-2026 BITWORKS: Appointed as Daily management
01-01-2026 CONVERSION 7.0: Appointed as Director
01-01-2026 CONVERSION 7.0: Appointed as Daily management
31-12-2025 Matthieu DE LAERE: Resigned as Director
31-12-2025 Matthieu DE LAERE: Resigned as Daily management
31-12-2025 DE LAERE Laurent: Resigned as Director
21-11-2025 Matthieu DE LAERE: Appointed as Managing director
Location & real-estate footprint
Registered office, Zwevegem · 2 establishment units since 2018
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.

Oude Bellegemstraat(Z) 128550 Zwevegem
Ground area
2,124 m²
Building footprint
1,078 m²
Volume, LiDAR
4,739 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
DELACOM DEVELOPMENT
Oude Bellegemstraat(Z) 12, 8550 ZwevegemConstruction of utility projects for electricity and telecommunications
since 20182.277.380.450
Delacom Development
Maaltebruggestraat 169, 9000 GentComputer programming, consultancy and related activities
since 20232.342.699.062
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34042D0366/00P003 Flanders 1,218 m² 1 · 246 m² 9.7 m · 2 fl.
44809I0574/00E002 Flanders 906 m² 1 · 832 m² 8.8 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 16,811 companies in sector 62100 we hold annual accounts for 8,748. 6,925 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-06-2018
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.