DELAN Experts

Active

Private limited companyfounded 199134 yrs activeSchaveistraat 23, 1630 Linkebeek, BelgiumKBO/BCE: BE 0445.674.418

DELAN Experts has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €15k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

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Checked score

Score 2024

78 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability78▼-12

Solvency79▲+10

Growth52▼-6

Track record100

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 2.24 against 1.88 in 2023; short-term debt: 36.8% and cash: 47.5% of total assets), and 45.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

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

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

44 d early

2023

41 d late

2022

150 d late

2021

61 d late

2020

129 d late

2018

61 d late

← before the deadline after the deadline →

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 2024, micro schema

Equity

€112k▲ 14.9%

2023 · €97k

2018: €100k 2020: €72k 2021: €49k 2022: €74k 2023: €97k

2018 → 2024

Total assets

€206k▼ 6.0%

2023 · €219k

2018: €161k 2020: €127k 2021: €99k 2022: €137k 2023: €219k

2018 → 2024

Net result

€15k▼ 60.8%

2023 · €37k

2018: €15k 2020: €-17k 2021: €-23k 2022: €26k 2023: €37k

2018 → 2024

Working capital

€94k▲ 15.9%

2023 · €81k

2018: €92k 2020: €72k 2021: €41k 2022: €72k 2023: €81k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€72k-€49k▼ 32.1%€74k▲ 52.5%€97k▲ 31.0%€112k▲ 14.9%

Operating result€-19k-€-22k▼ 18.5%€29k€49k▲ 66.0%€25k▼ 48.8%

Net result€-17k-€-23k▼ 36.9%€26k€37k▲ 44.8%€15k▼ 60.8%

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 falls in 2024; 2024 is 49% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €206k

17.6%

82.4%

Fixed assets €36k▼ 21.1%

Current assets €170k▼ 2.1%

Equity and liabilities €206k

54.3%

45.7%

Equity €112k▲ 14.9%

Debt €94k▼ 22.8%

The debt ratio falls from 55.6% to 45.7%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€36k▼

2023 · €53k

Cash flow

€25k▼

2023 · €41k

Solvency

54.3%▲

2023 · 44.4%

Current ratio

2.24▲

2023 · 1.88

Quick ratio

2.24▲

2023 · 1.88

Debt / equity

0.84▼

2023 · 1.25

ROE

13.0%▼

2023 · 38.1%

ROA

7.0%▼

2023 · 16.9%

Interest coverage

18.15▼

2023 · 30.97

Debt

€94k▼

2023 · €122k

Debt ≤ 1 year

€76k▼

2023 · €92k

Debt > 1 year

€18k▼

2023 · €29k

Income taxes

€8k▼

2023 · €10k

Staff costs

€50k▲

2023 · €40k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€219k€206k▼

Fixed assets21/28€46k€36k▼

Tangible fixed assets22/27€46k€36k▼

Furniture and vehicles24€46k€36k▼

Current assets29/58€173k€170k▼

Amounts receivable within one year40/41€122k€71k▼

Trade receivables40€93k€62k▼

Other amounts receivable41€29k€9k▼

Cash at bank and in hand54/58€49k€98k▲

Deferred charges and accrued income490/1€2k€750▼

Equity and liabilities

Total equity and liabilities10/49€219k€206k▼

Equity10/15€97k€112k▲

Contributions10/11€16k€16k=

Reserves13€63k€77k▲

Distributable reserves133€63k€77k▲

Profit (loss) carried forward14€18k€18k=

Amounts payable17/49€122k€94k▼

Amounts payable after more than one year17€29k€18k▼

Financial debts170/4€29k€18k▼

Amounts payable within one year42/48€92k€76k▼

Current portion of amounts payable after more than one year42€10k€10k▲

Trade debts44€36k€28k▼

Suppliers440/4€36k€28k▼

Taxes, remuneration and social security45€33k€38k▲

Taxes450/3€26k€24k▼

Remuneration and social security454/9€7k€14k▲

Other amounts payable47/48€14k-

Accrued charges and deferred income492/3€897-

Income statement Code20232024

Non-recurring operating income76A€19k-

Remuneration, social security and pensions62€40k€50k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€11k▲

Other operating charges640/8€3k€549▼

Gross operating margin9900€97k€86k▼

Operating profit (loss)9901€49k€25k▼

Financial income75/76B€29€1▼

Recurring financial income75€29€1▼

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Non-recurring financial charges66B-€108

Profit (loss) for the period before taxes9903€47k€23k▼

Income taxes67/77€10k€8k▼

Profit (loss) for the period9904€37k€15k▼

Profit (loss) for the period to be appropriated9905€37k€15k▼

Appropriation of the result

Profit (loss) to be appropriated9906€54k€33k▼

Profit (loss) brought forward from the previous period14P€17k€18k▲

Transfer from equity791/2€14k-

Transfer to equity691/2€36k€15k▼

To other reserves6921€36k€15k▼

Profit to be distributed694/7€14k-

Return on contributions (dividend)694€14k-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

2025

17-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Equity above €100kEq €112k ▲14.9%

3 profitable years in a row build equity to €112k.

10-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 41 days late

2023

31-12

Financial Highest result since 2018net €37k ▲44.8%

Operating result €49k, net result €37k, both a record.

28-12

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 150 days late

2022

31-12

Financial Back to profitnet €26k

Net result €26k after 2 loss-making years.

30-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 61 days late

2021

31-12

Financial Weakest financial yearnet €-23k

Net result drops to €-23k, the lowest in the series; recovery starts the following year.

07-12

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 129 days late

2019

30-09

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema · 61 days late

2018

05-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

31-08

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 31 days late

2016

30-08

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema · 30 days late

2015

31-08

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Linkebeek · 2 establishment units since 1991

establishment All 2 establishment units 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.

Schaveistraat 231630 Linkebeek

Ground area

646 m²

Building footprint

99 m²

Volume, LiDAR

626 m³

2 parcels, Brussels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

VENIZI

Schaveistraat 23, 1630 LinkebeekNACE 52484

since 19912.055.364.672

DELAN EXPERTS

Koninginnegalerij 34, 1000 BrusselRetail sale of watches and jewellery

since 20132.224.432.308

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22003B0144/00E000	Flanders	603 m²	1 · 99 m²	8.8 m · 2 fl.
21802B1155/00Z000	Brussels	43 m²	-	-

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

Beveren-Kruibeke-Zwijndrecht · Eq €111k

SUDI

BE 0475.650.683

Schilde · Eq €111k

Of 2,016 companies in sector 47770 we hold annual accounts for 898. 714 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-11-1991

Fiscal year end31-12

Activities, NACEBEL

47770Retail sale of watches and jewellery

52484

74909Other professional, scientific and technical activities

74999Other professional, scientific and technical activities

Sources

Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.