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DELEM

Active
Private limited companyfounded 199828 years activeLegeweg 384, 8200 Brugge, BelgiumKBO/BCE: BE 0463.038.309
Summary

DELEM has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.3m and a net result of €298,976. Equity is growing by ~44.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 11,011 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€14.1mtotal assets 2025
Equity
€7.3m
Profit
€298,976
Turnover not published (abridged schema)
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
NOORDVELDE INVEST · 98.9%
Accounts filed 6 days late0 of 13 deeds read
Why 96- Liquidity: current ratio 4.85, cash €173,698+ Size: total assets €14.1m+ Founded in 1998+ Figures for FY 2025 (filed 07-02-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 68, medium-sized)
Financial strength · tick = 2024
Strong
Solvency 77+2
equity 51.9% of total assets
Liquidity 52+1
short-term debt 5.0% · cash 1.2%
Profitability 71=
return on assets 2.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,718 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025highest value 03-2025: < 0.1%▼ -0.2 percentage points vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: < 0.1%▼ -0.2 percentage points vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit up to €700,000 at 30 days acceptable
Liquidity ample (current ratio 4.85 against 7.49 in 2024; short-term debt: 5% and cash: 1.2% of total assets), and 48.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized): better than 71% on solvency, 70% on liquidity, 81% on profitability and 53% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €14.1m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 4.85, cash €173,698
NBB · annual accounts
lowers risk · Founded in 1998
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for FY 2025 (filed 07-02-2026)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
on the day
2023
on the day
2022
on the day
2021
5 days early
2020
60 days late
2019
10 days early
← 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 7 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close07-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Positive: Among the best 5% on equitysector median €308,497 · 11,015 companies €7.3m View
  • Controlled by NOORDVELDE INVESTknown shareholders 59.68% 98.9% View
  • Positive: 5 profitable years in a rowprofit 2025: €298,976 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€14.1m
Profit
€298,976
Solvency
51.9%
Total assets▼ 2.3%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-01-2027
  1. 31-01-2023Annual accounts filed
  2. 30-06-2022Liquidity times 10
  3. 30-06-2022Equity above €5m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Buying and selling of own real estateNACE 68110
Founded
06-04-1998
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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