DELNIC
ActiveSummary
DELNIC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.3m and a net result of €141,265. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 3267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-9
Solvency100▲+27
Growth55▼-23
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 9.74 against 2.19 in 2024; short-term debt: 0.4% and cash: 2.9% of total assets), and 10.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
89.9%
Return on assets
2%
Age of the figures
9 mo
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
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 filingsDeviation from the deadline
2025
15 d early
2024
77 d early
2023
111 d early
2022
140 d early
2021
115 d early
2020
130 d early
2019
93 d early
← 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 97 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed 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 29 April (3 of the last 4 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€357,500▼ 7.1%
2024 · €385,000
EBIT margin
67.5%▼ 6.1pp
2024 · 73.6%
Net result
€141,265▼ 8.1%
2024 · €153,798
Working capital
€273,270▲ 106%
2024 · €132,692
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€385,000€357,500▼ 7.1%
Operating result€105,654▲ 36.9%€276,829▲ 162%€279,832▲ 1.1%€283,371▲ 1.3%€241,211▼ 14.9%
Net result€72,535above the sector's middle half▲ 36.6%€182,756above the sector's middle half▲ 152%€158,549within the sector's middle half▼ 13.2%€153,798within the sector's middle half▼ 3.0%€141,265within the sector's middle half▼ 8.1%
EBIT margin73.6%67.5%▼ 6.1pp
Equity€368,296above the sector's middle half▲ 16.8%€478,402within the sector's middle half▲ 29.9%€587,706within the sector's middle half▲ 22.8%€695,732within the sector's middle half▲ 18.4%€6.3mabove the sector's middle half▲ 805%
Total assets€426,693within the sector's middle half▲ 11.9%€1.6mwithin the sector's middle half▲ 280%€1.6mwithin the sector's middle half▲ 0.4%€1.4mwithin the sector's middle half▼ 11.1%€7.0mwithin the sector's middle half▲ 384%
Debt€58,398▼ 11.6%€1.1m▲ 1,855%€1.0m▼ 9.0%€750,156▼ 27.8%€708,279▼ 5.6%
Working capital€365,575above the sector's middle half▲ 17.0%-€371,550below the sector's middle half€183,710within the sector's middle half€132,692within the sector's middle half▼ 27.8%€273,270within the sector's middle half▲ 106%
Solvency86.3%above the sector's middle half▲ 3.6pp29.5%within the sector's middle half▼ 56.8pp36.1%within the sector's middle half▲ 6.6pp48.1%within the sector's middle half▲ 12.0pp89.9%above the sector's middle half▲ 41.8pp
Current ratio7.27above the sector's middle half▲ 1.530.53below the sector's middle half▼ 6.741.77within the sector's middle half▲ 1.242.19within the sector's middle half▲ 0.439.74above the sector's middle half▲ 7.55
Return on assets (ROA)17.0%within the sector's middle half▲ 3.1pp11.3%within the sector's middle half▼ 5.7pp9.7%within the sector's middle half▼ 1.5pp10.6%within the sector's middle half▲ 0.9pp2.0%within the sector's middle half▼ 8.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2022 Net result +152% on 2021. This fiscal year ran 15 months, the previous one 12. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.0m
Fixed assets
€6.7m ▲ 457%
Current assets
€304,529 ▲ 24.8%
Equity and liabilities €7.0m
Equity
€6.3m ▲ 805%
Debt
€708,279 ▼ 5.6%
Debt's share of the balance-sheet total falls from 51.9% to 10.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€242,181▼
2024 · €284,673
Cash flow
€142,235▼
2024 · €155,100
Debt to equity
0.11▼
2024 · 1.08
ROE
2.2%▼
2024 · 22.1%
Interest coverage
4.84▼
2024 · 5.11
Debt ≤ 1 year
€31,259▼
2024 · €111,269
Debt > 1 year
€632,000=
2024 · €632,000
Income taxes
€49,431▼
2024 · €73,463
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €402,977 | €361,173 | ▼ 10.4% |
| Turnover70 | - | - | - | €385,000 | €357,500 | ▼ 7.1% |
| Other operating income74 | - | - | - | €17,977 | €3,673 | ▼ 79.6% |
| Operating charges60/66A | - | - | - | €119,606 | €119,962 | ▲ 0.3% |
| Services and other goods61 | - | - | - | €116,675 | €117,374 | ▲ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €399 | €969 | €1,302 | €1,302 | €971 | ▼ 25.4% |
| Other operating charges640/8 | - | €621 | €499 | €1,629 | €1,617 | ▼ 0.7% |
| Gross operating margin9900 | €106,400 | €278,419 | €281,633 | - | - | - |
| Operating profit (loss)9901 | €105,654 | €276,829 | €279,832 | €283,371 | €241,211 | ▼ 14.9% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | €0 | €0 | - | - | - | - |
| Financial charges65/66B | - | €13,872 | €45,738 | €56,110 | €50,515 | ▼ 10.0% |
| Recurring financial charges65 | €3,653 | €13,872 | €45,738 | €56,110 | €50,515 | ▼ 10.0% |
| Debt charges650 | - | - | - | €55,662 | €50,053 | ▼ 10.1% |
| Other financial charges652/9 | - | - | - | €448 | €461 | ▲ 2.9% |
| Profit (loss) for the period before taxes9903 | €102,001 | €262,957 | €234,094 | €227,261 | €190,696 | ▼ 16.1% |
| Income taxes67/77 | €29,466 | €80,201 | €75,545 | €73,463 | €49,431 | ▼ 32.7% |
| Taxes670/3 | - | - | - | €73,463 | €49,431 | ▼ 32.7% |
| Profit (loss) for the period9904 | €72,535 | €182,756 | €158,549 | €153,798 | €141,265 | ▼ 8.1% |
| Profit (loss) for the period to be appropriated9905 | €72,535 | €182,756 | €158,549 | €153,798 | €141,265 | ▼ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €426,693 | €1.6m | €1.6m | €1.4m | €7.0m | ▲ 384% |
| Fixed assets21/28 | €2,790 | €1.2m | €1.2m | €1.2m | €6.7m | ▲ 457% |
| Tangible fixed assets22/27 | €2,790 | €4,530 | €3,228 | €1,927 | €9,743 | ▲ 406% |
| Plant, machinery and equipment23 | - | €2,291 | €1,893 | €1,494 | €8,493 | ▲ 468% |
| Furniture and vehicles24 | - | €2,239 | €1,336 | €433 | €1,250 | ▲ 189% |
| Financial fixed assets28 | - | €1.2m | €1.2m | €1.2m | €6.7m | ▲ 457% |
| Affiliated companies280/1 | - | - | - | €1.2m | €6.7m | ▲ 457% |
| Participating interests280 | - | - | - | €1.2m | €6.7m | ▲ 457% |
| Current assets29/58 | €423,903 | €415,735 | €423,828 | €243,961 | €304,529 | ▲ 24.8% |
| Stocks and contracts in progress3 | - | - | - | €0 | €0 | - |
| Amounts receivable within one year40/41 | €18,277 | €119,110 | €124,333 | €135,475 | €96,119 | ▼ 29.1% |
| Trade receivables40 | - | €105,035 | €103,825 | €98,050 | €70,550 | ▼ 28.0% |
| Other amounts receivable41 | - | €14,075 | €20,508 | €37,425 | €25,569 | ▼ 31.7% |
| Cash at bank and in hand54/58 | €404,088 | €294,999 | €296,274 | €105,205 | €204,953 | ▲ 94.8% |
| Deferred charges and accrued income490/1 | - | €1,626 | €3,221 | €3,282 | €3,457 | ▲ 5.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €426,693 | €1.6m | €1.6m | €1.4m | €7.0m | ▲ 384% |
| Equity10/15 | €368,296 | €478,402 | €587,706 | €695,732 | €6.3m | ▲ 805% |
| Contributions10/11 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Revaluation surpluses12 | - | - | - | - | €5.5m | - |
| Reserves13 | €328,296 | €438,402 | €547,706 | €655,732 | €765,992 | ▲ 16.8% |
| Non-distributable reserves130/1 | - | €0 | - | - | - | - |
| Reserves not available under the articles1311 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €438,402 | €547,706 | €655,732 | €765,992 | ▲ 16.8% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €58,398 | €1.1m | €1.0m | €750,156 | €708,279 | ▼ 5.6% |
| Amounts payable after more than one year17 | - | €353,942 | €782,000 | €632,000 | €632,000 | = |
| Financial debts170/4 | - | €353,942 | €150,000 | €0 | - | - |
| Other loans174 | - | - | - | €0 | - | - |
| Other amounts payable178/9 | - | - | €632,000 | €632,000 | €632,000 | = |
| Amounts payable within one year42/48 | €58,328 | €787,285 | €240,118 | €111,269 | €31,259 | ▼ 71.9% |
| Trade debts44 | €727 | €244 | €9,475 | €1,460 | €482 | ▼ 67.0% |
| Suppliers440/4 | - | €244 | €9,475 | €1,460 | €482 | ▼ 67.0% |
| Taxes, remuneration and social security45 | - | €45,050 | €50,470 | €60,008 | €28,602 | ▼ 52.3% |
| Taxes450/3 | - | €45,050 | €50,470 | €60,008 | €28,602 | ▼ 52.3% |
| Other amounts payable47/48 | - | €741,991 | €180,173 | €49,801 | €2,175 | ▼ 95.6% |
| Accrued charges and deferred income492/3 | - | €636 | €17,232 | €6,887 | €45,021 | ▲ 554% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,535 | €182,756 | €158,549 | €153,798 | €141,265 | ▼ 8.1% |
| + Depreciation and write-downs630 | €399 | €969 | €1,302 | €1,302 | €971 | ▼ 25.4% |
| Operating cash flow (approximation) | €72,934 | €183,725 | €159,851 | €155,100 | €142,235 | ▼ 8.3% |
| Investment in fixed assets (approximation) | - | -€1.2m | €0 | €0 | -€5.5m | - |
| Change in cash | - | -€109,088 | €1,275 | -€191,069 | €99,749 | ▲ 152% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 9.74
Current ratio from 2.19 to 9.74; short-term debt falls from €111,269 to €31,259.
31-12
Financial
Equity above €5mEq €6.3m ▲805%
7 profitable years in a row build equity to €6.3m.
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.77
Current ratio from 0.53 to 1.77; short-term debt falls from €787,285 to €240,118.
31-12
Financial
Equity above €500,000Eq €587,706 ▲22.8%
5 profitable years in a row build equity to €587,706.
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2019net €182,756 ▲152%
Net result €182,756, the highest in the series.
05-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
17-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-02
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 3 acts read
About the unread acts
We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2010
Ground area
1,672 m²
Building footprint
248 m²
Volume, LiDAR
1,900 m³
Parcel 31027D0071/00G000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DELNIC
since 20102.193.508.114
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0071/00G000 | Flanders | 1,672 m² | 1 · 248 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of DELNIC 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.
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Of 5,710 companies in this sector we hold annual accounts for 3,521. 1,049 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded27-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
47400Retail sale of information and communication equipment
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID
0208:0830744721
Also
9925:BE0830744721
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.