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DELAERE ENGINEERING

Active
Private limited companyfounded 201411 yrs activeNijverheidslaan 51, 8540 Deerlijk, BelgiumKBO/BCE: BE 0507.716.707

DELAERE ENGINEERING has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.75M and a net result of €1.73M. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 474 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
100 / 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €480k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 2.93 in 2024), and 22.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
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
77.8%
Return on assets
28.3%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
73 d early
2024
70 d early
2023
62 d early
2022
11 d early
2021
16 d early
2020
40 d early
2019
52 d early
← before the deadline after the deadline →
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 months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 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, abbreviated schema

Equity
€4.75M▲ 57.3%
2024 · €3.02M
2018: €1.16M 2019: €974k 2020: €1.18M 2021: €2.27M 2022: €2.88M 2023: €1.74M 2024: €3.02M
2018 → 2025
Total assets
€6.11M▲ 42.3%
2024 · €4.29M
2018: €4.57M 2019: €3.98M 2020: €3.72M 2021: €3.37M 2022: €4.21M 2023: €4.32M 2024: €4.29M
2018 → 2025
Net result
€1.73M▲ 34.8%
2024 · €1.28M
2018: €-387k 2019: €-387k 2020: €206k 2021: €1.09M 2022: €610k 2023: €1.06M 2024: €1.28M
2018 → 2025
Working capital
€4.06M▲ 65.7%
2024 · €2.45M
2018: €1.12M 2019: €1.13M 2020: €1.37M 2021: €2.15M 2022: €2.69M 2023: €1.33M 2024: €2.45M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€2.27M-€2.88M▲ 26.8%€1.74M▼ 39.7%€3.02M▲ 73.9%€4.75M▲ 57.3%
Operating result€1.50M-€869k▼ 42.3%€1.47M▲ 69.3%€1.79M▲ 21.6%€2.35M▲ 31.2%
Net result€1.09M-€610k▼ 44.2%€1.06M▲ 74.3%€1.28M▲ 20.7%€1.73M▲ 34.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00MOperating result 2021: €1.50M€1.50MNet result 2021: €1.09M€1.09MOperating result 2022: €869k€869kNet result 2022: €610k€610kOperating result 2023: €1.47M€1.47MNet result 2023: €1.06M€1.06MOperating result 2024: €1.79M€1.79MNet result 2024: €1.28M€1.28MOperating result 2025: €2.35M€2.35MNet result 2025: €1.73M€1.73M20212022202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 31% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.11M
Fixed assets €728k▲ 28.2%
Current assets €5.38M▲ 44.4%
Equity and liabilities €6.11M
Equity €4.75M▲ 57.3%
Debt €1.36M▲ 6.6%
The debt ratio falls from 29.6% to 22.2%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.54M
2024 · €1.92M
Cash flow
€1.93M
2024 · €1.42M
Solvency
77.8%
2024 · 70.4%
Current ratio
4.09
2024 · 2.93
Quick ratio
3.07
2024 · 2.35
Debt / equity
0.29
2024 · 0.42
ROE
36.4%
2024 · 42.5%
ROA
28.3%
2024 · 29.9%
Interest coverage
75.21
2024 · 25.73
Debt
€1.36M
2024 · €1.27M
Debt ≤ 1 year
€1.31M
2024 · €1.27M
Debt > 1 year
€41k
Income taxes
€588k
2024 · €431k
Staff costs
€3.18M
2024 · €3.28M
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€4.29M€6.11M
Fixed assets21/28€568k€728k
Intangible fixed assets21€35k€59k
Tangible fixed assets22/27€533k€669k
Plant, machinery and equipment23€205k€265k
Furniture and vehicles24€312k€335k
Other tangible fixed assets26€17k€68k
Financial fixed assets28€135€135=
Current assets29/58€3.72M€5.38M
Stocks and contracts in progress3€731k€1.34M
Stocks30/36€731k€674k
Contracts in progress37€0€669k
Amounts receivable within one year40/41€2.69M€3.25M
Trade receivables40€2.58M€2.31M
Other amounts receivable41€112k€945k
Current investments50/53€0-
Cash at bank and in hand54/58€286k€728k
Deferred charges and accrued income490/1€15k€55k
Equity and liabilities
Total equity and liabilities10/49€4.29M€6.11M
Equity10/15€3.02M€4.75M
Contributions10/11€750k€750k=
Reserves13€75k€75k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€2.20M€3.93M
Amounts payable17/49€1.27M€1.36M
Amounts payable after more than one year17-€41k
Other amounts payable178/9-€41k
Amounts payable within one year42/48€1.27M€1.31M
Trade debts44€590k€633k
Suppliers440/4€590k€633k
Advances received on contracts in progress46€118k€269k
Taxes, remuneration and social security45€565k€385k
Taxes450/3€263k€78k
Remuneration and social security454/9€302k€308k
Other amounts payable47/48€0€28k
Accrued charges and deferred income492/3-€762
Income statement Code20242025
Remuneration, social security and pensions62€3.28M€3.18M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€132k€199k
Other operating charges640/8€11k€9k
Non-recurring operating charges66A€0-
Gross operating margin9900€5.21M€5.74M
Operating profit (loss)9901€1.79M€2.35M
Financial income75/76B€1k€6k
Recurring financial income75€1k€6k
Financial charges65/66B€75k€34k
Recurring financial charges65€75k€34k
Profit (loss) for the period before taxes9903€1.71M€2.32M
Income taxes67/77€431k€588k
Profit (loss) for the period9904€1.28M€1.73M
Profit (loss) for the period to be appropriated9905€1.28M€1.73M
Appropriation of the result
Profit (loss) to be appropriated9906€2.20M€3.93M
Profit (loss) brought forward from the previous period14P€912k€2.20M
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)908735.439.4

The notes to these accounts (18 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 31-07-2027
2026
19-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €1.73M ▲34.8%
Operating result €2.35M, net result €1.73M, both a record.
22-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €2MEq €3.02M ▲73.9%
5 profitable years in a row build equity to €3.02M.
30-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Equity above €2MEq €2.27M ▲92.6%
2 profitable years in a row build equity to €2.27M.
21-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €206k
Net result €206k after 2 loss-making years.
31-12
Financial Equity above €1MEq €1.18M ▲21.1%
Equity rises from €974k to €1.18M.
09-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
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
9 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, Deerlijk · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Nijverheidslaan 518540 Deerlijk
Ground area
5,932 m²
Building footprint
3,599 m²
Volume, LiDAR
26,882 m³
Parcel 34009B0087/00H000, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Delaere Engineering
Nijverheidslaan 51, 8540 DeerlijkManufacture of metal structures and parts of structures
since 20152.238.263.518
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34009B0087/00H000 Flanders 5,932 m² 1 · 3,599 m² 9.2 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

2022 to 2024 · 3 entries · 3,391 EUR awarded · 3,542 EUR paid
Year Entries awardedpaid
2024 1 313 EUR385 EUR
2023 1 153 EUR364 EUR
2022 1 2,925 EUR2,793 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 3,391 EUR · 3,542 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 18 companies in sector 28292 we hold annual accounts for 16. 7 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-12-2014
Fiscal year end31-12
Abbreviation NL DELAERE
Activities, NACEBEL
28292Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
28291Manufacture of machinery and equipment not elsewhere classified
46642Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.