DELINO
ActiveDELINO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.99M and a net result of €1.06M. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent▼ -6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-3
Solvency93▲+11
Growth72▼-1
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 1.81 in 2024), but 52.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
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
47.6%
Return on assets
10.1%
Age of the figures
8 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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
31 d early
2023
37 d early
2022
14 d early
2021
39 d early
2020
16 d early
2019
3 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€21.44M▲ 7.1%
2024 · €20.03M
2018: €12.09M
2019: €12.27M
2020: €11.48M
2021: €13.40M
2022: €17.97M
2023: €21.01M
2024: €20.03M
2018 → 2025
EBIT margin
7.2%▼ 0.8pp
2024 · 8.1%
2018: 5.9%
2019: 5.4%
2020: 4.3%
2021: 6.4%
2022: 6.5%
2023: 6.3%
2024: 8.1%
2018 → 2025
Net result
€1.06M▼ 5.8%
2024 · €1.13M
2018: €481k
2019: €427k
2020: €385k
2021: €641k
2022: €824k
2023: €865k
2024: €1.13M
2018 → 2025
Working capital
€2.90M▲ 23.3%
2024 · €2.35M
2018: €1.97M
2019: €1.98M
2020: €694k
2021: €1.52M
2022: €1.49M
2023: €2.41M
2024: €2.35M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.40M-€17.97M▲ 34.1%€21.01M▲ 16.9%€20.03M▼ 4.7%€21.44M▲ 7.1%
Equity€3.71M-€4.04M▲ 8.7%€4.30M▲ 6.6%€4.68M▲ 8.8%€4.99M▲ 6.7%
Operating result€860k-€1.16M▲ 34.8%€1.31M▲ 13.2%€1.61M▲ 22.8%€1.55M▼ 3.9%
Net result€641k-€824k▲ 28.5%€865k▲ 5.0%€1.13M▲ 30.4%€1.06M▼ 5.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.49M
Fixed assets
€5.35M▼ 11.2%
Current assets
€5.14M▼ 1.9%
Equity and liabilities €10.49M
Equity
€4.99M▲ 6.7%
Provisions
€143k▲ 7.0%
Debt
€5.36M▼ 17.0%
The debt ratio falls from 57.3% to 51.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2.46M▼
2024 · €2.57M
Cash flow
€1.97M▼
2024 · €2.08M
Solvency
47.6%▲
2024 · 41.5%
Current ratio
2.29▲
2024 · 1.81
Quick ratio
1.83▲
2024 · 1.49
Debt / equity
1.07▼
2024 · 1.38
ROE
21.3%▼
2024 · 24.1%
ROA
10.1%▲
2024 · 10.0%
Interest coverage
70.56▲
2024 · 50.95
Debt
€5.36M▼
2024 · €6.45M
Debt ≤ 1 year
€2.24M▼
2024 · €2.89M
Debt > 1 year
€3.01M▼
2024 · €3.48M
Income taxes
€383k▼
2024 · €397k
Staff costs
€2.77M▲
2024 · €2.41M
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€11.27M€10.49M▼
Fixed assets21/28€6.02M€5.35M▼
Tangible fixed assets22/27€6.02M€5.35M▼
Land and buildings22€5.02M€4.71M▼
Plant, machinery and equipment23€937k€582k▼
Furniture and vehicles24€68k€55k▼
Financial fixed assets28€2k€2k=
Other financial fixed assets284/8€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€5.24M€5.14M▼
Stocks and contracts in progress3€932k€1.03M▲
Stocks30/36€932k€1.03M▲
Goods purchased for resale34€932k€1.03M▲
Amounts receivable within one year40/41€1.79M€2.11M▲
Trade receivables40€1.72M€1.80M▲
Other amounts receivable41€74k€308k▲
Current investments50/53€502k€502k=
Other investments51/53€502k€502k=
Cash at bank and in hand54/58€1.94M€1.42M▼
Deferred charges and accrued income490/1€77k€80k▲
Equity and liabilities
Total equity and liabilities10/49€11.27M€10.49M▼
Equity10/15€4.68M€4.99M▲
Contributions10/11€279k€279k=
Capital10€279k€279k=
Issued capital100€279k€279k=
Reserves13€4.40M€4.71M▲
Non-distributable reserves130/1€28k€28k=
Legal reserve130€28k€28k=
Tax-exempt reserves132€30k€30k=
Distributable reserves133€4.34M€4.65M▲
Provisions and deferred taxes16€134k€143k▲
Provisions for liabilities and charges160/5€134k€143k▲
Other liabilities and charges164/5€134k€143k▲
Amounts payable17/49€6.45M€5.36M▼
Amounts payable after more than one year17€3.48M€3.01M▼
Financial debts170/4€3.48M€3.01M▼
Credit institutions173€3.48M€3.01M▼
Other loans174€0-
Amounts payable within one year42/48€2.89M€2.24M▼
Current portion of amounts payable after more than one year42€470k€470k=
Trade debts44€1.33M€679k▼
Suppliers440/4€1.33M€679k▼
Taxes, remuneration and social security45€341k€343k▲
Taxes450/3€68k€22k▼
Remuneration and social security454/9€272k€321k▲
Other amounts payable47/48€750k€750k=
Accrued charges and deferred income492/3€79k€101k▲
Income statement
Code20242025
Operating income70/76A€20.14M€21.56M▲
Turnover70€20.03M€21.44M▲
Other operating income74€84k€98k▲
Non-recurring operating income76A€27k€21k▼
Operating charges60/66A€18.53M€20.01M▲
Goods for resale, raw materials and consumables60€10.76M€12.20M▲
Purchases600/8€10.89M€12.31M▲
Change in stocks: decrease (increase)609€-122k€-102k▲
Services and other goods61€4.33M€4.03M▼
Remuneration, social security and pensions62€2.41M€2.77M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€953k€913k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-6k€9k▲
Other operating charges640/8€67k€77k▲
Non-recurring operating charges66A€1k€9k▲
Operating profit (loss)9901€1.61M€1.55M▼
Financial income75/76B€80k€58k▼
Recurring financial income75€80k€58k▼
Income from financial fixed assets750€29k€1k▼
Income from current assets751€1k€1k▲
Other financial income752/9€49k€55k▲
Financial charges65/66B€168k€162k▼
Recurring financial charges65€168k€162k▼
Debt charges650€50k€35k▼
Other financial charges652/9€117k€127k▲
Profit (loss) for the period before taxes9903€1.52M€1.44M▼
Income taxes67/77€397k€383k▼
Taxes670/3€397k€383k▼
Profit (loss) for the period9904€1.13M€1.06M▼
Profit (loss) for the period to be appropriated9905€1.13M€1.06M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.13M€1.06M▼
Transfer to equity691/2€377k€311k▼
To other reserves6921€377k€311k▼
Profit to be distributed694/7€750k€750k=
Return on contributions (dividend)694€750k€750k=
Social balance
Average headcount (FTE)908736.839.0▲
The notes to these accounts (71 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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.13M ▲30.4%
Operating result €1.61M, net result €1.13M, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €385k ▼9.8%
Net result drops to €385k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Knokke-Heist · 1 establishment unit since 1984
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.
't Walletje 518300 Knokke-HeistGround area
8,185 m²
Building footprint
146 m²
Volume, LiDAR
201 m³
Parcel 31039F0134/00Z000, Flanders · tallest building 7.7 m. Linked by address, not a title deed.
1 establishment unit
't Walletje 51, 8300 Knokke-Heist
since 19842.024.019.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0134/00Z000 | Flanders | 8,185 m² | 1 · 146 m² | 7.7 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 14,846 EUR awarded · 12,696 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,477 EUR | 4,940 EUR |
| 2024 | 1 | 6,828 EUR | 2,965 EUR |
| 2023 | 1 | 1,425 EUR | 2,675 EUR |
| 2022 | 1 | 2,116 EUR | 2,116 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKnokke-Heist2.024.019.222
Similar companies · same sector, comparable size
COLLON
BE 0443.993.843
Villers-le-Bouillet · Eq €5.13M
DELKA
BE 0434.560.889
Verviers · Eq €4.83M
BURG VINEGAR BELGIUM
BE 0415.997.960
Roosdaal · Eq €4.00M
DIDDEN
BE 0402.207.728
Sint-Jans-Molenbeek · Eq €6.26M
YANIM
BE 0478.213.166
Bonheiden · Eq €3.39M
Of 107 companies in sector 10840 we hold annual accounts for 57. 31 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-02-1984
Fiscal year end31-12
Activities, NACEBEL
10840Manufacture of food products
15870
46389Wholesale of other food products
51384
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.