DELCAP
DELCAP has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.18M and a net result of €1.32M. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €3.18M |
| Net result | €1.32M |
| Staff (FTE) | 10.5 |
| Better than sector | 81% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 86.9% | 52.8% | |
| Net result | €1.32M | €58k | |
| Equity | €3.18M | €1.05M | |
| Gross operating margin | €2.87M | €100k | |
| Staff costs | €1.17M | €342k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €1.63M | €1.41M | €1.03M | €1.64M | €1.73M |
| Net profit | €1.32M | €1.19M | €695k | €1.18M | €1.22M |
| Cash flow | €1.41M | €1.28M | €778k | €1.24M | €1.30M |
| Staff costs | €1.17M | €1.31M | €1.50M | €1.32M | - |
| Income taxes | €407k | €353k | €283k | €409k | €413k |
| Dividends | - | €2.38M | - | €750k | - |
| Total assets | €3.66M | €3.18M | €3.90M | €3.19M | €2.96M |
| Equity | €3.18M | €1.86M | €3.05M | €2.35M | €1.92M |
| Debt | €477k | €1.32M | €854k | €838k | €1.04M |
| of which ≤ 1y | €477k | €1.31M | €832k | €838k | €1.04M |
| of which > 1y | - | - | - | - | - |
| Working capital | €2.87M | €1.51M | €2.69M | €2.04M | €1.57M |
| Employees (FTE) | 10.5 | 12.6 | 13.8 | 13.0 | 12.9 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 7.02 | 2.15 | 4.23 | 3.44 | 2.50 |
| Quick ratio | 7.02 | 2.15 | 4.23 | 3.44 | 2.50 |
| Working capital ratio | 78.6% | 47.6% | 68.9% | 64.1% | 53.0% |
| Solvency | 86.9% | 58.5% | 78.1% | 73.7% | 64.8% |
| Debt / equity | 0.15 | 0.71 | 0.28 | 0.36 | - |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 860.85 | 2193.75 | 989.04 | 343.02 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 36.1% | 37.5% | 17.8% | 37.1% | 41.1% |
| ROE | 41.5% | 64.1% | 22.8% | 50.3% | 63.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €3.66M | €3.18M | €3.90M | €3.19M | €2.96M |
| Fixed assets | 21/28 | €305k | €357k | €381k | €308k | €350k |
| Intangible fixed assets | 21 | €179k | €219k | €203k | €230k | €253k |
| Tangible fixed assets | 22/27 | €94k | €112k | €152k | €52k | €72k |
| Financial fixed assets | 28 | €32k | €26k | €26k | €26k | €25k |
| Current assets | 29/58 | €3.35M | €2.82M | €3.52M | €2.88M | €2.61M |
| Amounts receivable within one year | 40/41 | €615k | €751k | €851k | €638k | €500k |
| Investments | 50/53 | €2.00M | - | €1.75M | - | - |
| Cash & bank | 54/58 | €630k | €1.98M | €846k | €2.15M | €2.04M |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.66M | €3.18M | €3.90M | €3.19M | €2.96M |
| Equity | 10/15 | €3.18M | €1.86M | €3.05M | €2.35M | €1.92M |
| Contributions / capital | 10/11 | €700k | €700k | €700k | €700k | €700k |
| Reserves | 13 | €70k | €70k | €70k | €70k | €70k |
| Accumulated profits (losses) | 14 | €2.41M | €1.09M | €2.28M | €1.58M | €1.15M |
| Amounts payable | 17/49 | €477k | €1.32M | €854k | €838k | €1.04M |
| Amounts payable within one year | 42/48 | €477k | €1.31M | €832k | €838k | €1.04M |
| Trade debts payable within one year | 44 | €116k | €119k | €150k | €142k | €128k |
| Income statement | ||||||
| Gross operating margin | 9900 | €2.87M | €2.77M | €2.61M | €3.03M | €3.11M |
| Operating result | 9901 | €1.54M | €1.32M | €949k | €1.58M | €1.65M |
| Financial income | 75 | €182k | €229k | €30k | €21k | €14k |
| Financial charges | 65 | €2k | €641 | €1k | €5k | €2k |
| Result before taxes | 9903 | €1.72M | €1.55M | €979k | €1.59M | €1.66M |
| Income taxes | 67/77 | €407k | €353k | €283k | €409k | €413k |
| Net result for the period | 9904 | €1.32M | €1.19M | €695k | €1.18M | €1.25M |
| Result to be appropriated | 9905 | €1.32M | €1.19M | €695k | €1.18M | €1.25M |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 03-04-2019 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1372/00K000 | Brussels | 2,159 m² | 1 · 2,113 m² | 88.8 m · 7 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
22-04-2025 5 reappointed
- Jean-Jacques Delori, Commissaris
- Denis Sagaert, Commissaris
- Olivier Hamoir, Commissaris
- Philippe Bossard, Commissaris
- Jean-Jacques Delori, Directeur
Technical details
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"act_meta": {
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"pub_date": "2025-04-22",
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}| Legal nameFR | DELCAP |