Deliconstruct
ActiveDeliconstruct has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €79k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 1022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+3
Solvency50▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.22 in 2024), and 69.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
30.6%
Return on assets
2.2%
Age of the figures
8 mo
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
12 d late
2023
57 d early
2022
31 d late
2021
10 d late
2020
45 d early
2019
25 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
10-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.08M▲ 7.9%
2024 · €1.00M
2018: €586k
2019: €686k
2020: €774k
2021: €814k
2022: €876k
2023: €934k
2024: €1.00M
2018 → 2025
Total assets
€3.54M▼ 5.1%
2024 · €3.73M
2018: €6.70M
2019: €5.05M
2020: €6.17M
2021: €5.67M
2022: €5.58M
2023: €5.82M
2024: €3.73M
2018 → 2025
Net result
€79k▲ 16.1%
2024 · €68k
2018: €31k
2019: €99k
2020: €88k
2021: €40k
2022: €61k
2023: €58k
2024: €68k
2018 → 2025
Working capital
€189k▼ 66.0%
2024 · €556k
2018: €-108k
2019: €31k
2020: €464k
2021: €490k
2022: €396k
2023: €463k
2024: €556k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€814k-€876k▲ 7.5%€934k▲ 6.6%€1.00M▲ 7.3%€1.08M▲ 7.9%
Operating result€94k-€129k▲ 37.0%€149k▲ 15.8%€170k▲ 13.8%€153k▼ 9.9%
Net result€40k-€61k▲ 52.0%€58k▼ 5.6%€68k▲ 17.4%€79k▲ 16.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.54M
Fixed assets
€1.08M▲ 61.6%
Current assets
€2.45M▼ 19.7%
Equity and liabilities €3.54M
Equity
€1.08M▲ 7.9%
Debt
€2.45M▼ 9.9%
The debt ratio falls from 73.1% to 69.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€235k▼
2024 · €246k
Cash flow
€161k▲
2024 · €144k
Solvency
30.6%▲
2024 · 26.9%
Current ratio
1.08▼
2024 · 1.22
Quick ratio
0.80▼
2024 · 1.06
Debt / equity
2.27▼
2024 · 2.72
ROE
7.3%▲
2024 · 6.8%
ROA
2.2%▲
2024 · 1.8%
Interest coverage
3.93▲
2024 · 3.19
Debt
€2.45M▼
2024 · €2.72M
Debt ≤ 1 year
€2.27M▼
2024 · €2.50M
Debt > 1 year
€189k▼
2024 · €223k
Income taxes
€15k▼
2024 · €26k
Staff costs
€1.12M▼
2024 · €1.13M
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€3.73M€3.54M▼
Fixed assets21/28€669k€1.08M▲
Intangible fixed assets21-€215k
Tangible fixed assets22/27€191k€388k▲
Plant, machinery and equipment23€25k€19k▼
Leasing and similar rights25€37k-
Other tangible fixed assets26€130k€369k▲
Financial fixed assets28€478k€478k=
Current assets29/58€3.06M€2.45M▼
Stocks and contracts in progress3€399k€633k▲
Stocks30/36€399k€633k▲
Amounts receivable within one year40/41€2.64M€1.79M▼
Trade receivables40€2.63M€1.77M▼
Other amounts receivable41€9k€20k▲
Cash at bank and in hand54/58€15k€34k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€3.73M€3.54M▼
Equity10/15€1.00M€1.08M▲
Contributions10/11€19k€19k=
Reserves13€983k€1.06M▲
Distributable reserves133€983k€1.06M▲
Amounts payable17/49€2.72M€2.45M▼
Amounts payable after more than one year17€223k€189k▼
Financial debts170/4€223k€189k▼
Amounts payable within one year42/48€2.50M€2.27M▼
Current portion of amounts payable after more than one year42€91k€55k▼
Financial debts43€565k€521k▼
Credit institutions430/8€565k€521k▼
Trade debts44€1.36M€1.23M▼
Suppliers440/4€1.36M€1.23M▼
Taxes, remuneration and social security45€425k€401k▼
Taxes450/3€262k€243k▼
Remuneration and social security454/9€163k€158k▼
Other amounts payable47/48€56k€60k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.13M€1.12M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€76k€82k▲
Other operating charges640/8€2k€7k▲
Gross operating margin9900€1.38M€1.36M▼
Operating profit (loss)9901€170k€153k▼
Financial income75/76B€2k€378▼
Recurring financial income75€2k€378▼
Financial charges65/66B€77k€60k▼
Recurring financial charges65€77k€60k▼
Profit (loss) for the period before taxes9903€94k€94k▼
Income taxes67/77€26k€15k▼
Profit (loss) for the period9904€68k€79k▲
Profit (loss) for the period to be appropriated9905€68k€79k▲
Appropriation of the result
Profit (loss) to be appropriated9906€970k€79k▼
Profit (loss) brought forward from the previous period14P€902k-
Transfer to equity691/2€970k€79k▼
To other reserves6921€970k€79k▼
Social balance
Average headcount (FTE)908718.618.1▼
The notes to these accounts (12 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Equity above €1MEq €1.00M ▲7.3%
7 profitable years in a row build equity to €1.00M.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €99k ▲224%
Operating result €203k, net result €99k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
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.
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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, Wingene · 1 establishment unit since 1981
Ground area
8,057 m²
Building footprint
3,278 m²
Volume, LiDAR
22,016 m³
Parcel 37012C0334/00E000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Deliconstruct
since 19812.021.195.433
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012C0334/00E000 | Flanders | 8,057 m² | 1 · 3,278 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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METAALCONSTRUCTIE - CONSTRUCTION METALIQUE
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GELDHOF
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CONSTRUCTIEWERKHUIZEN JEF LEONARD
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Of 3,965 companies in sector 25110 we hold annual accounts for 2,134. 1,302 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-1981
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
25530Machining of metals
28110
28520
25999Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.