DELOCO
ActiveDELOCO has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.11M and a net result of €403k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 83% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 33.58 against 8.23 in 2024; short-term debt: 1.4% and cash: 6% of total assets), and 14.6% 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○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
Sector 70
lower
← 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
85.4%
Return on assets
16.3%
Age of the figures
12 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 30-09-2025 was due by 30-04-2026 and was filed on 01-04-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
29 d early
2023
27 d early
2022
27 d early
2021
23 d early
2020
30 d early
2019
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2.11M▲ 14.4%
2024 · €1.84M
2018: €637k
2019: €775k
2020: €1.04M
2021: €1.21M
2022: €1.32M
2023: €1.68M
2024: €1.84M
2018 → 2025
Total assets
€2.47M▲ 8.3%
2024 · €2.28M
2018: €1.08M
2019: €1.15M
2020: €1.41M
2021: €1.83M
2022: €1.99M
2023: €2.05M
2024: €2.28M
2018 → 2025
Net result
€403k▲ 0.4%
2024 · €401k
2018: €140k
2019: €138k
2020: €265k
2021: €316k
2022: €300k
2023: €342k
2024: €401k
2018 → 2025
Working capital
€1.15M▲ 36.1%
2024 · €846k
2018: €204k
2019: €239k
2020: €325k
2021: €399k
2022: €271k
2023: €554k
2024: €846k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.21M-€1.32M▲ 9.5%€1.68M▲ 26.7%€1.84M▲ 9.9%€2.11M▲ 14.4%
Operating result€426k-€491k▲ 15.1%€487k▼ 0.8%€646k▲ 32.7%€529k▼ 18.1%
Net result€316k-€300k▼ 5.1%€342k▲ 13.9%€401k▲ 17.5%€403k▲ 0.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.47M
Fixed assets
€1.28M▼ 2.5%
Current assets
€1.19M▲ 23.2%
Equity and liabilities €2.47M
Equity
€2.11M▲ 14.4%
Debt
€360k▼ 17.3%
The debt ratio falls from 19.1% to 14.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€574k▼
2024 · €693k
Cash flow
€447k▼
2024 · €448k
Solvency
85.4%▲
2024 · 80.9%
Current ratio
33.58▲
2024 · 8.23
Quick ratio
33.58▲
2024 · 8.23
Debt / equity
0.17▼
2024 · 0.24
ROE
19.1%▼
2024 · 21.7%
ROA
16.3%▼
2024 · 17.6%
Interest coverage
7.94▲
2024 · 4.84
Debt
€360k▼
2024 · €435k
Debt ≤ 1 year
€35k▼
2024 · €117k
Debt > 1 year
€244k▼
2024 · €261k
Income taxes
€183k▼
2024 · €216k
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€2.28M€2.47M▲
Formation expenses20€0€0=
Fixed assets21/28€1.32M€1.28M▼
Tangible fixed assets22/27€1.25M€1.21M▼
Land and buildings22€1.21M€1.17M▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€3k€3k▲
Other tangible fixed assets26€38k€38k=
Assets under construction and advance payments27€2k-
Financial fixed assets28€63k€74k▲
Current assets29/58€962k€1.19M▲
Amounts receivable after more than one year29€150k€150k=
Other amounts receivable291€150k€150k=
Amounts receivable within one year40/41€109k€102k▼
Trade receivables40€5k€745▼
Other amounts receivable41€104k€101k▼
Current investments50/53€615k€784k▲
Cash at bank and in hand54/58€88k€149k▲
Deferred charges and accrued income490/1€1k€858▼
Equity and liabilities
Total equity and liabilities10/49€2.28M€2.47M▲
Equity10/15€1.84M€2.11M▲
Contributions10/11€19k€19k=
Reserves13€1.76M€2.03M▲
Distributable reserves133€1.76M€2.03M▲
Profit (loss) carried forward14€63k€63k=
Amounts payable17/49€435k€360k▼
Amounts payable after more than one year17€261k€244k▼
Financial debts170/4€261k€244k▼
Amounts payable within one year42/48€117k€35k▼
Current portion of amounts payable after more than one year42€39k€17k▼
Trade debts44€9k€2k▼
Suppliers440/4€9k€2k▼
Taxes, remuneration and social security45€69k€17k▼
Taxes450/3€63k€17k▼
Remuneration and social security454/9€5k-
Accrued charges and deferred income492/3€57k€81k▲
Income statement
Code20242025
Non-recurring operating income76A-€588
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€45k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€699k€580k▼
Operating profit (loss)9901€646k€529k▼
Financial income75/76B€114k€129k▲
Recurring financial income75€80k€71k▼
Non-recurring financial income76B€35k€58k▲
Financial charges65/66B€143k€72k▼
Recurring financial charges65€143k€72k▼
Profit (loss) for the period before taxes9903€617k€586k▼
Income taxes67/77€216k€183k▼
Profit (loss) for the period9904€401k€403k▲
Profit (loss) for the period to be appropriated9905€401k€403k▲
Appropriation of the result
Profit (loss) to be appropriated9906€464k€465k▲
Profit (loss) brought forward from the previous period14P€63k€63k=
Transfer from equity791/2€235k€138k▼
Transfer to equity691/2€401k€403k▲
To other reserves6921€401k€403k▲
Profit to be distributed694/7€235k€138k▼
Return on contributions (dividend)694€235k€138k▼
The notes to these accounts (10 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
01-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €403k ▲0.4%
Net result €403k, the highest in the series.
30-09
Financial
Liquidity quadruplescurrent ratio 33.58
Current ratio from 8.23 to 33.58; short-term debt falls from €117k to €35k.
30-09
Financial
Equity above €2MEq €2.11M ▲14.4%
8 profitable years in a row build equity to €2.11M.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity times 5current ratio 9.45
Current ratio from 1.84 to 9.45; short-term debt falls from €324k to €66k.
03-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €1MEq €1.04M ▲34.2%
3 profitable years in a row build equity to €1.04M.
02-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €138k ▼1.2%
Net result drops to €138k, the lowest in the series; recovery starts the following year.
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-04
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.
Directors · office · real estate
Directors
1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 2006
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.
Meersstraat 249090 Merelbeke-MelleGround area
3,123 m²
Building footprint
182 m²
Volume, LiDAR
1,107 m³
Parcel 44024A0174/00A000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DELOCO
since 20062.150.899.378
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44024A0174/00A000 | Flanders | 3,123 m² | 1 · 182 m² | 9.4 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 284 EUR awarded · 284 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 284 EUR | 284 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
96760025V4UCWAGH4817
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GRAPHICS
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 19,539 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-12-2005
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.