DELBEKE Patrick
ActiveSummary
DELBEKE Patrick has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €390,984 and a net result of €2,775. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 7625 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-6
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 12.23 against 8.63 in 2024; short-term debt: 6.1% and cash: 17.9% of total assets), and 6.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.9%
Return on assets
0.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
36 d early
2023
4 d early
2022
31 d early
2021
3 d early
2020
5 d early
2019
361 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€390,984▲ 0.7%
2024 · €388,209
Total assets
€416,188▼ 7.3%
2024 · €449,125
Net result
€2,775▼ 89.9%
2024 · €27,474
Working capital
€283,069▼ 9.9%
2024 · €314,102
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,275▼ 73.6%€48,188▲ 263%€32,861▼ 31.8%€32,558▼ 0.9%€2,854▼ 91.2%
Net result-€2,741below the sector's middle half€45,009above the sector's middle half€24,824within the sector's middle half▼ 44.8%€27,474above the sector's middle half▲ 10.7%€2,775within the sector's middle half▼ 89.9%
Equity€290,903above the sector's middle half▼ 0.9%€335,912above the sector's middle half▲ 15.5%€360,735above the sector's middle half▲ 7.4%€388,209above the sector's middle half▲ 7.6%€390,984above the sector's middle half▲ 0.7%
Total assets€352,591above the sector's middle half▲ 10.8%€371,831above the sector's middle half▲ 5.5%€443,371above the sector's middle half▲ 19.2%€449,125above the sector's middle half▲ 1.3%€416,188above the sector's middle half▼ 7.3%
Debt€61,688▲ 151%€35,919▼ 41.8%€82,636▲ 130%€60,916▼ 26.3%€25,203▼ 58.6%
Working capital€191,972above the sector's middle half▲ 5.4%€246,424above the sector's middle half▲ 28.4%€264,193above the sector's middle half▲ 7.2%€314,102above the sector's middle half▲ 18.9%€283,069above the sector's middle half▼ 9.9%
Solvency82.5%above the sector's middle half▼ 9.8pp90.3%above the sector's middle half▲ 7.8pp81.4%above the sector's middle half▼ 9.0pp86.4%above the sector's middle half▲ 5.1pp93.9%above the sector's middle half▲ 7.5pp
Current ratio4.12above the sector's middle half▼ 4.297.86above the sector's middle half▲ 3.744.23above the sector's middle half▼ 3.638.63above the sector's middle half▲ 4.4112.23above the sector's middle half▲ 3.60
Return on assets (ROA)-0.8%below the sector's middle half▼ 14.3pp12.1%within the sector's middle half▲ 12.9pp5.6%within the sector's middle half▼ 6.5pp6.1%within the sector's middle half▲ 0.5pp0.7%within the sector's middle half▼ 5.5pp
Staff (FTE)2▲ 66.7%1.2▼ 40.0%2▲ 66.7%1.2▼ 40.0%1▼ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €416,188
Fixed assets
€107,915 ▲ 15.0%
Current assets
€308,272 ▼ 13.2%
Equity and liabilities €416,188
Equity
€390,984 ▲ 0.7%
Debt
€25,203 ▼ 58.6%
Debt's share of the balance-sheet total falls from 13.6% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,488▼
2024 · €35,973
Cash flow
€6,409▼
2024 · €30,889
Quick ratio
11.85▲
2024 · 8.43
Debt to equity
0.06▼
2024 · 0.16
ROE
0.7%▼
2024 · 7.1%
Interest coverage
31.59▼
2024 · 497.49
Debt ≤ 1 year
€25,203▼
2024 · €41,160
Income taxes
€963▼
2024 · €13,329
Staff costs
€59,958▼
2024 · €66,428
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 17,040 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €35,466 | €107,460 | €66,428 | €59,958 | ▼ 9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,852 | €11,399 | €3,783 | €3,415 | €3,634 | ▲ 6.4% |
| Other operating charges640/8 | - | €877 | €2,679 | €3,280 | €3,392 | ▲ 3.4% |
| Gross operating margin9900 | €125,842 | €95,930 | €146,782 | €105,681 | €69,838 | ▼ 33.9% |
| Operating profit (loss)9901 | €13,275 | €48,188 | €32,861 | €32,558 | €2,854 | ▼ 91.2% |
| Financial income75/76B | - | €1,046 | €697 | €8,317 | €1,090 | ▼ 86.9% |
| Recurring financial income75 | €1,541 | €1,046 | €697 | €8,317 | €1,090 | ▼ 86.9% |
| Financial charges65/66B | - | €123 | €242 | €72 | €205 | ▲ 184% |
| Recurring financial charges65 | €107 | €123 | €242 | €72 | €205 | ▲ 184% |
| Profit (loss) for the period before taxes9903 | €14,709 | €49,111 | €33,316 | €40,803 | €3,739 | ▼ 90.8% |
| Income taxes67/77 | €17,450 | €4,102 | €8,492 | €13,329 | €963 | ▼ 92.8% |
| Profit (loss) for the period9904 | -€2,741 | €45,009 | €24,824 | €27,474 | €2,775 | ▼ 89.9% |
| Profit (loss) for the period to be appropriated9905 | -€2,741 | €45,009 | €24,824 | €27,474 | €2,775 | ▼ 89.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €352,591 | €371,831 | €443,371 | €449,125 | €416,188 | ▼ 7.3% |
| Fixed assets21/28 | €99,030 | €89,488 | €97,278 | €93,863 | €107,915 | ▲ 15.0% |
| Tangible fixed assets22/27 | €99,030 | €89,488 | €97,278 | €93,863 | €107,915 | ▲ 15.0% |
| Land and buildings22 | - | €86,348 | €84,724 | €81,781 | €96,314 | ▲ 17.8% |
| Plant, machinery and equipment23 | - | €3,140 | €12,554 | €12,082 | €11,601 | ▼ 4.0% |
| Current assets29/58 | €253,561 | €282,343 | €346,093 | €355,262 | €308,272 | ▼ 13.2% |
| Stocks and contracts in progress3 | €5,300 | €5,300 | €4,200 | €8,250 | €9,600 | ▲ 16.4% |
| Stocks30/36 | - | €5,300 | €4,200 | €8,250 | €9,600 | ▲ 16.4% |
| Amounts receivable within one year40/41 | €195,990 | €181,627 | €270,255 | €292,078 | €221,139 | ▼ 24.3% |
| Trade receivables40 | - | €157,347 | €248,050 | €267,317 | €191,526 | ▼ 28.4% |
| Other amounts receivable41 | - | €24,280 | €22,205 | €24,761 | €29,613 | ▲ 19.6% |
| Cash at bank and in hand54/58 | €52,271 | €94,403 | €68,709 | €51,495 | €74,300 | ▲ 44.3% |
| Deferred charges and accrued income490/1 | - | €1,013 | €2,928 | €3,439 | €3,234 | ▼ 6.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €352,591 | €371,831 | €443,371 | €449,125 | €416,188 | ▼ 7.3% |
| Equity10/15 | €290,903 | €335,912 | €360,735 | €388,209 | €390,984 | ▲ 0.7% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €270,452 | €315,461 | €340,284 | €367,758 | €370,533 | ▲ 0.8% |
| Amounts payable17/49 | €61,688 | €35,919 | €82,636 | €60,916 | €25,203 | ▼ 58.6% |
| Amounts payable within one year42/48 | €61,589 | €35,919 | €81,900 | €41,160 | €25,203 | ▼ 38.8% |
| Current portion of amounts payable after more than one year42 | - | €729 | - | - | - | - |
| Trade debts44 | €57,409 | €34,790 | €70,697 | €37,302 | €21,752 | ▼ 41.7% |
| Suppliers440/4 | - | €34,790 | €70,697 | €37,302 | €21,752 | ▼ 41.7% |
| Taxes, remuneration and social security45 | - | €400 | €11,203 | €3,858 | €3,451 | ▼ 10.5% |
| Taxes450/3 | - | €400 | €3,399 | €3,858 | €841 | ▼ 78.2% |
| Remuneration and social security454/9 | - | - | €7,804 | - | €2,611 | - |
| Accrued charges and deferred income492/3 | - | - | €736 | €19,756 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,741 | €45,009 | €24,824 | €27,474 | €2,775 | ▼ 89.9% |
| + Depreciation and write-downs630 | €14,852 | €11,399 | €3,783 | €3,415 | €3,634 | ▲ 6.4% |
| Operating cash flow (approximation) | €12,111 | €56,408 | €28,607 | €30,889 | €6,409 | ▼ 79.3% |
| Investment in fixed assets (approximation) | - | -€1,857 | -€11,573 | €0 | -€17,686 | - |
| Change in cash | - | €42,132 | -€25,694 | -€17,215 | €22,805 | ▲ 232% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 8.63
Current ratio from 4.23 to 8.63; short-term debt falls from €81,900 to €41,160.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €45,009
Net result €45,009 after one loss-making year.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet -€2,741
Net result drops to -€2,741, the lowest in the series; recovery starts the following year.
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 361 days late
31-03
Financial
Liquidity doublescurrent ratio 8.40
Current ratio from 3.97 to 8.40; short-term debt falls from €49,113 to €24,606.
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
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, Wervik · 1 establishment unit since 1998
Ground area
1,047 m²
Building footprint
208 m²
Volume, LiDAR
956 m³
Parcel 33009D0681/00B000, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DELBEKE PATRICK
since 19982.087.018.049
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33009D0681/00B000 | Flanders | 1,047 m² | 1 · 208 m² | 7.7 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedMetselaar (so)
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Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. 10,163 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-04-1998
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
Contact
Phone
056/510292Wervik
Fax
056/510292Wervik
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463094925
Also
9925:BE0463094925
Registered
13-01-2026
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.