Financials
- Financial year
- 2025
- Total assets
- €6.2m
- Profit
- €33,042
- Solvency
- 47.2%
Total assets▼ 1.5%
Net result
20182025
DELFINE
ActiveSummary
DELFINE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.9m and a net result of €33,042. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 57% of 5,763 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€6.2mtotal assets 2025
- Equity
- €2.9m
- Profit
- €33,042
Structure
- Holdings
- 4
Accounts filed 31 days late0 of 6 deeds read
Why 80raises riskLiquidity: current ratio 1.67, cash €1,572Latest accounts 31 days late; 2 of the last 3 lateProfit of €33,042 (financial year 2025)lowers riskFounded in 1990Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Weak
Solvency
72+1
equity 47.2% of total assets
Liquidity
25-24
short-term debt 50.6% · cash 0.0%
Profitability
23-17
return on assets 0.5%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.7%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.6%▼ -0.1 percentage points vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 1.64 in 2024, above the usual 1.5; short-term debt: 50.6% and cash: 0% of total assets), but 52.8% of the assets are financed with debt and provisions.
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, small): better than 66% on solvency, 19% on liquidity, 16% on profitability and 50% on growth.
The bankruptcy probability was computed on 23-10-2026 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
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.9m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
7 days early
2023
44 days late
2022
4 days early
2021
30 days late
2020
31 days late
2019
87 days 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 30 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet €33,042 ▼95.5%
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Network & group
- Subsidiaries
- 4
4 subsidiaries
Timeline
- Events
- 39
- Since
- 1991
- Next accounts
- by 31-07-2027
- 13-09-2024Annual accounts filed
- 27-07-2023Annual accounts filed
- 30-08-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Renting and operating of own or leased non-residential…NACE 68203
- Founded
- 25-01-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about DELFINE
- What is the company number of DELFINE?
- 0439.775.036. In Belgium the VAT number is the company number with BE in front: BE 0439.775.036.
- Where is DELFINE based?
- The registered office is at De Crayerstraat 7, 1000 Brussel.Company details
- What does DELFINE do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of DELFINE?
- Public limited company (NV).
- When was DELFINE founded?
- On 25-01-1990.
- Is DELFINE still active?
- Yes, DELFINE is an active enterprise in the KBO register.
- What is the turnover of DELFINE?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is DELFINE profitable?
- In financial year 2025, DELFINE made a profit of €33,042.
- Where can I find the annual accounts of DELFINE?
- DELFINE filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DELFINE due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to DELFINE
Subsidiaries and holdings
- THG GERMAN DESK100%
- AVROY ATRIUM80%
- FMB SERVICES66.7%
- IMMOBILIERE DE LA RAMEE49.68%
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- UPSTAIRS OOSTENDE PATRIMONIUMOostende
- RAMNamur
- FIZAINE IMMONivelles
- RdecoWaregem
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