DELBEKE-AERTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.48M and a net result of €420k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 5523 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
21 d early
2023
21 d early
2022
2 d early
2021
22 d early
2020
1 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.48M▲ 20.3%
2024 · €2.06M
2018: €769k
2019: €899k
2020: €974k
2021: €1.33M
2022: €1.54M
2023: €1.77M
2024: €2.06M
2018 → 2025
Net result
€420k▲ 42.4%
2024 · €295k
2018: €187k
2019: €131k
2020: €221k
2021: €355k
2022: €213k
2023: €233k
2024: €295k
2018 → 2025
Total assets
€3.91M▲ 1.8%
2024 · €3.84M
2018: €3.63M
2019: €3.68M
2020: €3.58M
2021: €4.58M
2022: €3.84M
2023: €3.79M
2024: €3.84M
2018 → 2025
Solvency
63.6%▲ 9.8pp
2024 · 53.8%
2018: 21.2%
2019: 24.4%
2020: 27.2%
2021: 29.0%
2022: 40.1%
2023: 46.8%
2024: 53.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.33M-€1.54M▲ 15.9%€1.77M▲ 15.1%€2.06M▲ 16.6%€2.48M▲ 20.3%
Operating result€579k-€355k▼ 38.7%€384k▲ 8.2%€470k▲ 22.3%€648k▲ 38.0%
Net result€355k-€213k▼ 40.1%€233k▲ 9.6%€295k▲ 26.5%€420k▲ 42.4%
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 three years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.91M
Fixed assets
€3.39M▼ 0.1%
Current assets
€517k▲ 15.7%
Equity and liabilities €3.91M
Equity
€2.48M▲ 20.3%
Debt
€1.42M▼ 19.8%
The debt ratio falls from 46.2% to 36.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
63.6%▲
2024 · 53.8%
ROE
16.9%▲
2024 · 14.3%
ROA
10.8%▲
2024 · 7.7%
Debt
€1.42M▼
2024 · €1.77M
Debt ≤ 1 year
€802k▼
2024 · €848k
Debt > 1 year
€618k▼
2024 · €918k
Income taxes
€191k▲
2024 · €134k
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€3.84M€3.91M▲
Fixed assets21/28€3.39M€3.39M▼
Tangible fixed assets22/27€2k€0▼
Furniture and vehicles24€2k€0▼
Financial fixed assets28€3.39M€3.39M=
Current assets29/58€447k€517k▲
Amounts receivable within one year40/41€433k€504k▲
Trade receivables40€29k€28k▼
Other amounts receivable41€404k€476k▲
Cash at bank and in hand54/58€13k€9k▼
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.84M€3.91M▲
Equity10/15€2.06M€2.48M▲
Contributions10/11€19k€19k=
Reserves13€2.05M€2.46M▲
Distributable reserves133€2.05M€2.46M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.77M€1.42M▼
Amounts payable after more than one year17€918k€618k▼
Financial debts170/4€918k€618k▼
Amounts payable within one year42/48€848k€802k▼
Current portion of amounts payable after more than one year42€335k€340k▲
Trade debts44€11k€5k▼
Suppliers440/4€11k€5k▼
Taxes, remuneration and social security45€30k€66k▲
Taxes450/3€30k€66k▲
Other amounts payable47/48€472k€391k▼
Accrued charges and deferred income492/3€8k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€2k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€479k€653k▲
Operating profit (loss)9901€470k€648k▲
Financial income75/76B€12k€12k▼
Recurring financial income75€12k€12k▼
Financial charges65/66B€53k€49k▼
Recurring financial charges65€53k€49k▼
Profit (loss) for the period before taxes9903€429k€612k▲
Income taxes67/77€134k€191k▲
Profit (loss) for the period9904€295k€420k▲
Profit (loss) for the period to be appropriated9905€295k€420k▲
Appropriation of the result
Profit (loss) to be appropriated9906€295k€420k▲
Transfer to equity691/2€293k€418k▲
To other reserves6921€293k€418k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €420k ▲42.4%
Operating result €648k, net result €420k, both a record.
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €2MEq €2.06M ▲16.6%
7 profitable years in a row build equity to €2.06M.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €1MEq €1.33M ▲36.3%
4 profitable years in a row build equity to €1.33M.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €131k ▼29.8%
Net result drops to €131k, the lowest in the series; recovery starts the following year.
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
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
2 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, Kortemark · 1 establishment unit since 2007
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.
Stadenstraat 428610 KortemarkGround area
1,598 m²
Building footprint
671 m²
Volume, LiDAR
2,875 m³
Parcel 32027A0226/00H003, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Delbeke-Aerts
since 20072.163.991.905
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32027A0226/00H003 | Flanders | 1,598 m² | 1 · 671 m² | 10.4 m · 1 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 10,264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2007
Fiscal year end30-09
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.