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DELGO

Active
Private limited companyfounded 199135 yrs activeSint Goriksstraat 55, 1730 Asse, BelgiumKBO/BCE: BE 0443.161.326
Summary

DELGO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €779,955 and a net result of -€20,652. Equity is growing by ~20.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability41▼-22
Solvency95=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 4.68 against 5.41 in 2024; short-term debt: 12.1% and cash: 0.9% of total assets), and 30.3% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
69.7%
Return on assets
-1.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
4 d early
2023
44 d early
2022
89 d early
2021
48 d early
2020
46 d early
2019
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 June (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 January 1991, DELGO was incorporated.1 Total assets went from EUR 790,474 in 2018 to EUR 1.1 million in 2025 and headcount from 0.9 full-time equivalents in 2018 to 0.6 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€779,955▼ 12.6%
2024 · €892,730
Total assets
€1.1m▼ 12.4%
2024 · €1.3m
Net result
-€20,652
2024 · €209,883
Working capital
€497,256▼ 19.2%
2024 · €615,383
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€178,675▲ 22.0%€590,248▲ 230%-€20,586-€20,854▼ 1.3%-€25,583▼ 22.7%
Net result€115,189▲ 25.0%€447,892▲ 289%€9,043▼ 98.0%€209,883▲ 2,221%-€20,652
Equity€328,566▲ 54.0%€758,910▲ 131%€759,061=€892,730▲ 17.6%€779,955▼ 12.6%
Total assets€812,727▼ 3.9%€1.1m▲ 41.1%€1.1m▼ 4.5%€1.3m▲ 16.6%€1.1m▼ 12.4%
Debt€484,161▼ 23.4%€387,694▼ 19.9%€335,919▼ 13.4%€384,498▲ 14.5%€339,226▼ 11.8%
Working capital€246,243▲ 52.7%€109,649▼ 55.5%€114,203▲ 4.2%€615,383▲ 439%€497,256▼ 19.2%
Staff (FTE)0.6=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000€600,000Operating result 2021: €178,675€178,675Net result 2021: €115,189€115,189Operating result 2022: €590,248€590,248Net result 2022: €447,892€447,892Operating result 2023: -€20,586-€20,586Net result 2023: €9,043€9,043Operating result 2024: -€20,854-€20,854Net result 2024: €209,883€209,883Operating result 2025: -€25,583-€25,583Net result 2025: -€20,652-€20,65220212022202320242025-€100,000€0€100,000€200,000Operating result 2023: -€20,586-€20,600Net result 2023: €9,043€9,040Operating result 2024: -€20,854-€20,900Net result 2024: €209,883€210,000Operating result 2025: -€25,583-€25,600Net result 2025: -€20,652-€20,700202320242025
The operating result stays negative: a loss of €25,583 in 2025 against €20,854 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €486,845 ▼ 6.8%
Current assets €632,336 ▼ 16.2%
Equity and liabilities €1.1m
Equity €779,955 ▼ 12.6%
Debt €339,226 ▼ 11.8%
Debt's share of the balance-sheet total rises from 30.1% to 30.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€22,229▼
2024 · €24,005
Cash flow
€27,160▼
2024 · €254,742
Current ratio
4.68▼
2024 · 5.41
Debt to equity
0.43▲
2024 · 0.43
ROE
-2.6%▼
2024 · 23.5%
ROA
-1.8%▼
2024 · 16.4%
Interest coverage
3.00▲
2024 · 2.82
Debt ≤ 1 year
€135,080▼
2024 · €139,492
Debt > 1 year
€204,146▼
2024 · €245,006
Income taxes
€216▼
2024 · €21,110
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% 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 higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 8,611 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.1m▼
Fixed assets21/28€522,353€486,845▼
Tangible fixed assets22/27€522,353€486,845▼
Land and buildings22€495,603€466,159▼
Plant, machinery and equipment23€2,756€1,324▼
Furniture and vehicles24€23,994€19,362▼
Current assets29/58€754,875€632,336▼
Amounts receivable within one year40/41€600,000€410,000▼
Other amounts receivable41€600,000€410,000▼
Current investments50/53€83,489€208,673▲
Cash at bank and in hand54/58€68,258€10,188▼
Deferred charges and accrued income490/1€3,128€3,475▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.1m▼
Equity10/15€892,730€779,955▼
Contributions10/11€12,400€12,400=
Reserves13€700,330€608,207▼
Distributable reserves133€700,330€608,207▼
Profit (loss) carried forward14€180,000€159,348▼
Amounts payable17/49€384,498€339,226▼
Amounts payable after more than one year17€245,006€204,146▼
Financial debts170/4€245,006€204,146▼
Amounts payable within one year42/48€139,492€135,080▼
Current portion of amounts payable after more than one year42€39,731€40,860▲
Trade debts44€2,123€1,376▼
Suppliers440/4€2,123€1,376▼
Taxes, remuneration and social security45€21,090€206▼
Taxes450/3€21,090€206▼
Other amounts payable47/48€76,548€92,638▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,859€47,812▲
Other operating charges640/8€7,128€7,152▲
Gross operating margin9900€31,133€29,381▼
Operating profit (loss)9901-€20,854-€25,583▼
Financial income75/76B€260,359€12,561▼
Recurring financial income75€260,359€12,561▼
Financial charges65/66B€8,512€7,414▼
Recurring financial charges65€8,512€7,414▼
Profit (loss) for the period before taxes9903€230,993-€20,436▼
Income taxes67/77€21,110€216▼
Profit (loss) for the period9904€209,883-€20,652▼
Profit (loss) for the period to be appropriated9905€209,883-€20,652▼
Appropriation of the result
Profit (loss) to be appropriated9906€389,883€159,348▼
Profit (loss) brought forward from the previous period14P€180,000€180,000=
Transfer from equity791/2€76,214€92,123▲
Transfer to equity691/2€209,883-
To other reserves6921€209,883-
Profit to be distributed694/7€76,214€92,123▲
Return on contributions (dividend)694€76,214€92,123▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€30,992-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,062€56,917€43,907€44,859€47,812▲ 6.6%
Other operating charges640/8€7,676€24,478€5,394€7,128€7,152▲ 0.3%
Gross operating margin9900€264,405€671,643€28,715€31,133€29,381▼ 5.6%
Operating profit (loss)9901€178,675€590,248-€20,586-€20,854-€25,583▼ 22.7%
Financial income75/76B€2,754€42,526€40,147€260,359€12,561▼ 95.2%
Recurring financial income75€2,754€42,526€40,147€260,359€12,561▼ 95.2%
Financial charges65/66B€14,283€11,949€9,614€8,512€7,414▼ 12.9%
Recurring financial charges65€14,283€11,949€9,614€8,512€7,414▼ 12.9%
Profit (loss) for the period before taxes9903€167,146€620,825€9,947€230,993-€20,436▼ 109%
Income taxes67/77€51,957€172,933€904€21,110€216▼ 99.0%
Profit (loss) for the period9904€115,189€447,892€9,043€209,883-€20,652▼ 110%
Profit (loss) for the period to be appropriated9905€115,189€447,892€9,043€209,883-€20,652▼ 110%
Line20212022202320242025Change
Assets
Total assets20/58€812,727€1.1m€1.1m€1.3m€1.1m▼ 12.4%
Fixed assets21/28€453,941€972,633€929,595€522,353€486,845▼ 6.8%
Tangible fixed assets22/27€453,941€577,633€534,595€522,353€486,845▼ 6.8%
Land and buildings22€438,121€568,474€529,720€495,603€466,159▼ 5.9%
Plant, machinery and equipment23€5,336€5,084€4,483€2,756€1,324▼ 52.0%
Furniture and vehicles24€7,331€3,331€392€23,994€19,362▼ 19.3%
Other tangible fixed assets26€3,153€744----
Financial fixed assets28-€395,000€395,000---
Current assets29/58€358,786€173,971€165,385€754,875€632,336▼ 16.2%
Amounts receivable within one year40/41€49,364-€4,588€600,000€410,000▼ 31.7%
Trade receivables40€49,364-----
Other amounts receivable41--€4,588€600,000€410,000▼ 31.7%
Current investments50/53€102,588€133,475€153,473€83,489€208,673▲ 150%
Cash at bank and in hand54/58€206,834€40,496€7,324€68,258€10,188▼ 85.1%
Deferred charges and accrued income490/1---€3,128€3,475▲ 11.1%
Equity and liabilities
Total equity and liabilities10/49€812,727€1.1m€1.1m€1.3m€1.1m▼ 12.4%
Equity10/15€328,566€758,910€759,061€892,730€779,955▼ 12.6%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€316,166€566,510€566,661€700,330€608,207▼ 13.2%
Non-distributable reserves130/1€6,200€6,200----
Reserves not available under the articles1311€6,200€6,200----
Distributable reserves133€309,966€560,310€566,661€700,330€608,207▼ 13.2%
Profit (loss) carried forward14-€180,000€180,000€180,000€159,348▼ 11.5%
Amounts payable17/49€484,161€387,694€335,919€384,498€339,226▼ 11.8%
Amounts payable after more than one year17€360,942€323,372€284,737€245,006€204,146▼ 16.7%
Financial debts170/4€360,942€323,372€284,737€245,006€204,146▼ 16.7%
Amounts payable within one year42/48€112,543€64,322€51,182€139,492€135,080▼ 3.2%
Current portion of amounts payable after more than one year42€85,708€37,569€38,635€39,731€40,860▲ 2.8%
Financial debts43€6,698-----
Credit institutions430/8€6,698-----
Trade debts44€3,067€4,377€2,751€2,123€1,376▼ 35.2%
Suppliers440/4€3,067€4,377€2,751€2,123€1,376▼ 35.2%
Taxes, remuneration and social security45€11,954€2,323€904€21,090€206▼ 99.0%
Taxes450/3€11,954€2,323€904€21,090€206▼ 99.0%
Other amounts payable47/48€5,116€20,053€8,892€76,548€92,638▲ 21.0%
Accrued charges and deferred income492/3€10,676-----
Line20212022202320242025Change
Profit (loss) for the period9904€115,189€447,892€9,043€209,883-€20,652▼ 110%
+ Depreciation and write-downs630€47,062€56,917€43,907€44,859€47,812▲ 6.6%
Operating cash flow (approximation)€162,251€504,809€52,950€254,742€27,160▼ 89.3%
Investment in fixed assets (approximation)--€575,609-€869€362,383-€12,304▼ 103%
Change in cash--€166,338-€33,172€60,934-€58,070▼ 195%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€20,652
Net result drops to -€20,652, the lowest in the series.
27-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €447,892 ▲289%
Operating result €590,248, net result €447,892, both a record.
31-12
Financial Equity above €500,000Eq €758,910 ▲131%
5 profitable years in a row build equity to €758,910.
13-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
20-06
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.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Asse · 2 establishment units since 2011
seat establishment All 2 establishment units on the map
Ground area
1,025 m²
Building footprint
285 m²
Volume, LiDAR
1,725 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
2 establishment units
DELGO
Sint Goriksstraat 55, 1730 AsseRenting and operating of own or leased residential real estate, excluding social housing
since 20112.263.332.078
DELGO
Hooplaan(Kok) 12, 8670 KoksijdeReal estate activities
since 20172.263.332.177
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23041A0068/00N000 Flanders 516 m² 1 · 139 m² 8.9 m · 2 fl.
38342H0418/00C000 Flanders 508 m² 1 · 146 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 2

According to the 2023 annual accounts of DELGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

967600KWDJPDIVKYSO55
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded18-01-1991
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0443161326
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.