DELICASH
ActiveDELICASH has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €382k and a net result of €18k. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 62% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency81▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.63 in 2024; short-term debt: 43.6% and cash: 67.3% of total assets), and 43.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
56.2%
Return on assets
2.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
31 d early
2023
1 d early
2022
31 d early
2021
34 d early
2020
32 d early
2019
21 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▲ 71.5%
2024 · €11k
2018: €1k
2019: €19k
2020: €28k
2021: €40k
2022: €103k
2023: €94k
2024: €11k
2018 → 2025
Working capital
€186k▲ 18.0%
2024 · €157k
2018: €-59k
2019: €-56k
2020: €-124k
2021: €-109k
2022: €11k
2023: €126k
2024: €157k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€182k-€285k▲ 56.7%€378k▲ 32.9%€380k▲ 0.4%€382k▲ 0.7%
Operating result€76k-€151k▲ 98.3%€137k▼ 9.0%€50k▼ 63.3%€35k▼ 30.4%
Net result€40k-€103k▲ 157%€94k▼ 9.2%€11k▼ 88.7%€18k▲ 71.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 30% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €680k
Fixed assets
€199k▼ 12.5%
Current assets
€482k▲ 18.0%
Equity and liabilities €680k
Equity
€382k▲ 0.7%
Debt
€298k▲ 16.6%
The debt ratio rises from 40.2% to 43.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €104k
Cash flow
€46k▼
2024 · €64k
Solvency
56.2%▼
2024 · 59.8%
Current ratio
1.63=
2024 · 1.63
Quick ratio
1.63=
2024 · 1.63
Debt / equity
0.78▲
2024 · 0.67
ROE
4.7%▲
2024 · 2.8%
ROA
2.7%▲
2024 · 1.7%
Interest coverage
7.21▼
2024 · 11.37
Debt
€298k▲
2024 · €256k
Debt ≤ 1 year
€296k▲
2024 · €251k
Debt > 1 year
€2k▼
2024 · €4k
Income taxes
€8k▼
2024 · €31k
Staff costs
€260k▲
2024 · €243k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€635k€680k▲
Fixed assets21/28€227k€199k▼
Tangible fixed assets22/27€227k€199k▼
Land and buildings22€201k€180k▼
Furniture and vehicles24€26k€18k▼
Leasing and similar rights25€0-
Current assets29/58€408k€482k▲
Amounts receivable within one year40/41€39k€20k▼
Trade receivables40€39k€20k▼
Other amounts receivable41-€33
Cash at bank and in hand54/58€366k€458k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€635k€680k▲
Equity10/15€380k€382k▲
Contributions10/11€19k€19k=
Reserves13€361k€361k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€345k€345k=
Profit (loss) carried forward14€0€3k▲
Amounts payable17/49€256k€298k▲
Amounts payable after more than one year17€4k€2k▼
Financial debts170/4€4k€2k▼
Amounts payable within one year42/48€251k€296k▲
Current portion of amounts payable after more than one year42€17k€3k▼
Trade debts44€175k€209k▲
Suppliers440/4€175k€209k▲
Taxes, remuneration and social security45€50k€69k▲
Taxes450/3€23k€17k▼
Remuneration and social security454/9€27k€52k▲
Other amounts payable47/48€9k€15k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€243k€260k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€28k▼
Other operating charges640/8€89k€11k▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€441k€335k▼
Operating profit (loss)9901€50k€35k▼
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€41k€26k▼
Income taxes67/77€31k€8k▼
Profit (loss) for the period9904€11k€18k▲
Profit (loss) for the period to be appropriated9905€11k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€18k▲
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7€9k€15k▲
Return on contributions (dividend)694€9k€15k▲
Social balance
Average headcount (FTE)90874.95.5▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €103k ▲157%
Operating result €151k, net result €103k, both a record.
31-12
Financial
Equity above €200kEq €285k ▲56.7%
5 profitable years in a row build equity to €285k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €150kEq €182k ▲28.3%
4 profitable years in a row build equity to €182k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €100kEq €114k ▲19.7%
2 profitable years in a row build equity to €114k.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1 day late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Libramont-Chevigny · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Recogne,Rue de Neufchâteau 486800 Libramont-Chevigny1 establishment unit
Recogne,Rue de Neufchâteau 48, 6800 Libramont-Chevigny
since 19962.079.019.212
Recognitions · licences · registrations
Food safety, FASFC
1 siteLibramont-Chevigny2.079.019.212
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BE 0442.783.422
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BAGDAS
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Of 698 companies in sector 46392 we hold annual accounts for 486. 346 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-06-1996
Fiscal year end31-12
Activities, NACEBEL
46389Wholesale of other food products
46392Non-specialised wholesale
51384
51392
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:061/22.52.56