Delaere
ActiveSummary
Delaere has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26,477 and a net result of €5,955. Equity is growing by ~10.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+5
Solvency46▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.0 in 2023; short-term debt: 79.5% and cash: 5.8% of total assets), and 79.5% 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
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
20.5%
Return on assets
4.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
26 d late
2023
9 d late
2022
29 d late
2021
29 d late
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 26 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€26,477▲ 29.0%
2023 · €20,522
Total assets
€129,140▲ 2.8%
2023 · €125,575
Net result
€5,955▲ 307%
2023 · €1,464
Working capital
-€95,141▲ 9.4%
2023 · -€104,996
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6,791▼ 3.4%€7,248▲ 6.7%€393▼ 94.6%€2,178▲ 455%€8,248▲ 279%
Net result€357▼ 63.7%€7,004▲ 1,862%-€1,566€1,464€5,955▲ 307%
Equity€13,620▲ 2.7%€20,624▲ 51.4%€19,058▼ 7.6%€20,522▲ 7.7%€26,477▲ 29.0%
Total assets€126,950▼ 1.5%€128,165▲ 1.0%€124,794▼ 2.6%€125,575▲ 0.6%€129,140▲ 2.8%
Debt€113,330▼ 2.0%€107,541▼ 5.1%€105,736▼ 1.7%€105,053▼ 0.6%€102,663▼ 2.3%
Working capital-€111,335▼ 0.3%-€101,214▲ 9.1%-€104,566▼ 3.3%-€104,996▼ 0.4%-€95,141▲ 9.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 279% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €129,140
Fixed assets
€121,618 ▼ 3.1%
Current assets
€7,522 ▲ 13,113%
Equity and liabilities €129,140
Equity
€26,477 ▲ 29.0%
Debt
€102,663 ▼ 2.3%
Debt's share of the balance-sheet total falls from 83.7% to 79.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,148▲
2023 · €5,636
Cash flow
€9,855▲
2023 · €4,922
Current ratio
0.07▲
2023 · 0.00
Debt to equity
3.88▼
2023 · 5.12
ROE
22.5%▲
2023 · 7.1%
ROA
4.6%▲
2023 · 1.2%
Interest coverage
214.51▲
2023 · 134.19
Debt ≤ 1 year
€102,663▼
2023 · €105,053
Income taxes
€2,236▲
2023 · €672
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,984 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,117 | €3,117 | €3,171 | €3,458 | €3,900 | ▲ 12.8% |
| Other operating charges640/8 | - | €977 | €1,096 | €1,216 | €1,231 | ▲ 1.2% |
| Gross operating margin9900 | €10,678 | €11,342 | €4,660 | €6,852 | €13,379 | ▲ 95.2% |
| Operating profit (loss)9901 | €6,791 | €7,248 | €393 | €2,178 | €8,248 | ▲ 279% |
| Financial charges65/66B | - | €57 | €36 | €42 | €57 | ▲ 34.8% |
| Recurring financial charges65 | €6,102 | €57 | €36 | €42 | €57 | ▲ 34.8% |
| Profit (loss) for the period before taxes9903 | €689 | €7,191 | €357 | €2,136 | €8,191 | ▲ 284% |
| Income taxes67/77 | €332 | €187 | €1,922 | €672 | €2,236 | ▲ 233% |
| Profit (loss) for the period9904 | €357 | €7,004 | -€1,566 | €1,464 | €5,955 | ▲ 307% |
| Profit (loss) for the period to be appropriated9905 | €357 | €7,004 | -€1,566 | €1,464 | €5,955 | ▲ 307% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €126,950 | €128,165 | €124,794 | €125,575 | €129,140 | ▲ 2.8% |
| Fixed assets21/28 | €124,955 | €121,838 | €123,624 | €125,518 | €121,618 | ▼ 3.1% |
| Tangible fixed assets22/27 | €124,955 | €121,838 | €123,624 | €125,518 | €121,618 | ▼ 3.1% |
| Land and buildings22 | - | €121,838 | €123,624 | €125,518 | €121,618 | ▼ 3.1% |
| Current assets29/58 | €1,996 | €6,327 | €1,170 | €57 | €7,522 | ▲ 13,113% |
| Amounts receivable within one year40/41 | €105 | €155 | €142 | €19 | €0 | ▼ 99.6% |
| Trade receivables40 | - | €155 | €142 | €19 | €0 | ▼ 99.6% |
| Cash at bank and in hand54/58 | €996 | €6,172 | €1,028 | €38 | €7,522 | ▲ 19,938% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €126,950 | €128,165 | €124,794 | €125,575 | €129,140 | ▲ 2.8% |
| Equity10/15 | €13,620 | €20,624 | €19,058 | €20,522 | €26,477 | ▲ 29.0% |
| Contributions10/11 | €13,634 | €13,634 | €13,634 | €15,493 | €15,493 | = |
| Capital10 | - | €13,634 | €13,634 | - | - | - |
| Issued capital100 | - | €18,592 | €18,592 | - | - | - |
| Uncalled capital101 | - | €4,958 | €4,958 | - | - | - |
| Reserves13 | €1,944 | €6,990 | €5,424 | €5,029 | €10,984 | ▲ 118% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Legal reserve130 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €5,131 | €3,565 | €5,029 | €10,984 | ▲ 118% |
| Profit (loss) carried forward14 | -€1,957 | - | - | - | - | - |
| Amounts payable17/49 | €113,330 | €107,541 | €105,736 | €105,053 | €102,663 | ▼ 2.3% |
| Amounts payable within one year42/48 | €113,330 | €107,541 | €105,736 | €105,053 | €102,663 | ▼ 2.3% |
| Trade debts44 | €332 | €398 | €4,111 | €469 | €2,663 | ▲ 468% |
| Suppliers440/4 | - | €398 | €4,111 | €469 | €2,663 | ▲ 468% |
| Taxes, remuneration and social security45 | - | - | - | €573 | €2,236 | ▲ 290% |
| Taxes450/3 | - | - | - | €573 | €2,236 | ▲ 290% |
| Other amounts payable47/48 | - | €107,142 | €101,625 | €104,010 | €97,764 | ▼ 6.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €357 | €7,004 | -€1,566 | €1,464 | €5,955 | ▲ 307% |
| + Depreciation and write-downs630 | €3,117 | €3,117 | €3,171 | €3,458 | €3,900 | ▲ 12.8% |
| Operating cash flow (approximation) | €3,474 | €10,121 | €1,606 | €4,922 | €9,855 | ▲ 100% |
| Investment in fixed assets (approximation) | - | €0 | -€4,958 | -€5,352 | €0 | ▲ 100% |
| Change in cash | - | €5,176 | -€5,144 | -€990 | €7,485 | ▲ 856% |
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
27-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
31-12
Financial
Back to profitnet €1,464
Net result €1,464 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet -€1,566
Net result drops to -€1,566, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €7,004 ▲1,862%
Net result €7,004, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 9 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
13-07
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
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lendelede · 1 establishment unit since 1984
Ground area
3,182 m²
Building footprint
424 m²
Volume, LiDAR
1,978 m³
Parcel 34025B0412/00Z000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Izegemsestraat 110, 8860 Lendelede
since 19842.026.157.378
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34025B0412/00Z000 | Flanders | 3,182 m² | 1 · 424 m² | 7.6 m · 1 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-1984
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427401103
Also
9925:BE0427401103
Registered
02-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.