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DELOTECH

Active
Private limited companyfounded 20223 yrs activeMolenstraat 67, 8582 Avelgem, BelgiumKBO/BCE: BE 0792.831.280
Summary

The computed 12-month bankruptcy probability of DELOTECH is 2.2% (moderate). The 2025 annual accounts show equity of €136,438 and a net result of €33,903. Equity is growing by ~51.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 28254 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability83▼-17
Solvency71▼-21
Growth78=
Track record94
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.6 against 3.33 in 2024; short-term debt: 11% and cash: 14.9% of total assets), but 54.1% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 2025
Solvency, return and age of the figures
Solvency
45.9%
Return on assets
11.4%
Age of the figures
9 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 16-07-2026, 15 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
15 d early
2024
38 d early
2023
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 October 2022, DELOTECH was incorporated as a Private limited company.1 Total assets went from EUR 52,015 in 2023 to EUR 297,301 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€136,438▲ 33.1%
2024 · €102,536
Total assets
€297,301▲ 95.3%
2024 · €152,234
Net result
€33,903▼ 52.7%
2024 · €71,703
Working capital
€52,163▼ 46.2%
2024 · €96,987
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€39,347-€92,442▲ 135%€44,942▼ 51.4%
Net result€30,333above the sector's middle half-€71,703above the sector's middle half▲ 136%€33,903above the sector's middle half▼ 52.7%
Equity€30,833within the sector's middle half-€102,536within the sector's middle half▲ 233%€136,438within the sector's middle half▲ 33.1%
Total assets€52,015below the sector's middle half-€152,234within the sector's middle half▲ 193%€297,301within the sector's middle half▲ 95.3%
Debt€21,182-€49,698▲ 135%€160,862▲ 224%
Working capital€28,267within the sector's middle half-€96,987above the sector's middle half▲ 243%€52,163within the sector's middle half▼ 46.2%
Solvency59.3%within the sector's middle half-67.4%within the sector's middle half▲ 8.1pp45.9%within the sector's middle half▼ 21.5pp
Current ratio4.17above the sector's middle half-3.33within the sector's middle half▼ 0.842.60within the sector's middle half▼ 0.73
Return on assets (ROA)58.3%above the sector's middle half-47.1%above the sector's middle half▼ 11.2pp11.4%within the sector's middle half▼ 35.7pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2023: €39,347€39,347Net result 2023: €30,333€30,333Operating result 2024: €92,442€92,442Net result 2024: €71,703€71,703Operating result 2025: €44,942€44,942Net result 2025: €33,903€33,903202320242025€0€25,000€50,000€75,000€100,000Operating result 2023: €39,347€39,300Net result 2023: €30,333€30,300Operating result 2024: €92,442€92,400Net result 2024: €71,703€71,700Operating result 2025: €44,942€44,900Net result 2025: €33,903€33,900202320242025
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297,301
Fixed assets €212,565 ▲ 1,458%
Current assets €84,736 ▼ 38.9%
Equity and liabilities €297,301
Equity €136,438 ▲ 33.1%
Debt €160,862 ▲ 224%
Debt's share of the balance-sheet total rises from 32.6% to 54.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€51,297▼
2024 · €96,755
Cash flow
€40,258▼
2024 · €76,016
Debt to equity
1.18▲
2024 · 0.48
ROE
24.8%▼
2024 · 69.9%
Interest coverage
19.75▼
2024 · 38.46
Debt ≤ 1 year
€32,573▼
2024 · €41,604
Debt > 1 year
€128,289▲
2024 · €8,094
Income taxes
€9,395▼
2024 · €18,765
Staff costs
€250▼
2024 · €938
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€152,234€297,301▲
Fixed assets21/28€13,643€212,565▲
Tangible fixed assets22/27€13,643€212,565▲
Land and buildings22-€197,296
Plant, machinery and equipment23€3,699€9,144▲
Furniture and vehicles24€9,943€6,125▼
Current assets29/58€138,591€84,736▼
Amounts receivable within one year40/41€47,596€35,258▼
Trade receivables40€32,229€14,199▼
Other amounts receivable41€15,367€21,058▲
Cash at bank and in hand54/58€70,587€44,406▼
Deferred charges and accrued income490/1€20,408€5,072▼
Equity and liabilities
Total equity and liabilities10/49€152,234€297,301▲
Equity10/15€102,536€136,438▲
Contributions10/11€500€500=
Reserves13€102,036€135,938▲
Distributable reserves133€102,036€135,938▲
Amounts payable17/49€49,698€160,862▲
Amounts payable after more than one year17€8,094€128,289▲
Financial debts170/4€8,094€128,289▲
Amounts payable within one year42/48€41,604€32,573▼
Current portion of amounts payable after more than one year42€4,163€14,805▲
Trade debts44€26,430€14,267▼
Suppliers440/4€26,430€14,267▼
Taxes, remuneration and social security45€11,011€3,501▼
Taxes450/3€11,011€3,501▼
Income statement Code20242025
Remuneration, social security and pensions62€938€250▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,313€6,355▲
Other operating charges640/8€589€1,966▲
Gross operating margin9900€98,282€53,513▼
Operating profit (loss)9901€92,442€44,942▼
Financial income75/76B€542€954▲
Recurring financial income75€542€954▲
Financial charges65/66B€2,515€2,598▲
Recurring financial charges65€2,515€2,598▲
Profit (loss) for the period before taxes9903€90,468€43,298▼
Income taxes67/77€18,765€9,395▼
Profit (loss) for the period9904€71,703€33,903▼
Profit (loss) for the period to be appropriated9905€71,703€33,903▼
Appropriation of the result
Profit (loss) to be appropriated9906€71,703€33,903▼
Transfer to equity691/2€71,703€33,903▼
To other reserves6921€71,703€33,903▼

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€423€938€250▼ 73.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,936€4,313€6,355▲ 47.4%
Other operating charges640/8€515€589€1,966▲ 234%
Gross operating margin9900€45,221€98,282€53,513▼ 45.6%
Operating profit (loss)9901€39,347€92,442€44,942▼ 51.4%
Financial income75/76B€553€542€954▲ 76.1%
Recurring financial income75€553€542€954▲ 76.1%
Financial charges65/66B€1,501€2,515€2,598▲ 3.3%
Recurring financial charges65€1,501€2,515€2,598▲ 3.3%
Profit (loss) for the period before taxes9903€38,399€90,468€43,298▼ 52.1%
Income taxes67/77€8,066€18,765€9,395▼ 49.9%
Profit (loss) for the period9904€30,333€71,703€33,903▼ 52.7%
Profit (loss) for the period to be appropriated9905€30,333€71,703€33,903▼ 52.7%
Line202320242025Change
Assets
Total assets20/58€52,015€152,234€297,301▲ 95.3%
Fixed assets21/28€14,823€13,643€212,565▲ 1,458%
Tangible fixed assets22/27€14,823€13,643€212,565▲ 1,458%
Land and buildings22--€197,296-
Plant, machinery and equipment23€1,006€3,699€9,144▲ 147%
Furniture and vehicles24€13,816€9,943€6,125▼ 38.4%
Current assets29/58€37,192€138,591€84,736▼ 38.9%
Amounts receivable within one year40/41€21,193€47,596€35,258▼ 25.9%
Trade receivables40€15,641€32,229€14,199▼ 55.9%
Other amounts receivable41€5,552€15,367€21,058▲ 37.0%
Cash at bank and in hand54/58€14,831€70,587€44,406▼ 37.1%
Deferred charges and accrued income490/1€1,168€20,408€5,072▼ 75.1%
Equity and liabilities
Total equity and liabilities10/49€52,015€152,234€297,301▲ 95.3%
Equity10/15€30,833€102,536€136,438▲ 33.1%
Contributions10/11€500€500€500=
Reserves13€30,333€102,036€135,938▲ 33.2%
Distributable reserves133€30,333€102,036€135,938▲ 33.2%
Amounts payable17/49€21,182€49,698€160,862▲ 224%
Amounts payable after more than one year17€12,257€8,094€128,289▲ 1,485%
Financial debts170/4€12,257€8,094€128,289▲ 1,485%
Amounts payable within one year42/48€8,924€41,604€32,573▼ 21.7%
Current portion of amounts payable after more than one year42€3,995€4,163€14,805▲ 256%
Trade debts44€1,363€26,430€14,267▼ 46.0%
Suppliers440/4€1,363€26,430€14,267▼ 46.0%
Taxes, remuneration and social security45€3,567€11,011€3,501▼ 68.2%
Taxes450/3€3,567€11,011€3,501▼ 68.2%
Line202320242025Change
Profit (loss) for the period9904€30,333€71,703€33,903▼ 52.7%
+ Depreciation and write-downs630€4,936€4,313€6,355▲ 47.4%
Operating cash flow (approximation)€35,269€76,016€40,258▼ 47.0%
Investment in fixed assets (approximation)--€3,133-€205,278▼ 6,452%
Change in cash-€55,756-€26,181▼ 147%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
16-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2023net €71,703 ▲136%
Operating result €92,442, net result €71,703, both a record.
31-12
Financial Equity above €100,000Eq €102,536 ▲233%
2 profitable years in a row build equity to €102,536.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · micro 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, Avelgem · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,004 m²
Building footprint
176 m²
Volume, LiDAR
594 m³
Parcel 34031A0362/00Z000, Flanders · tallest building 4.8 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DELOTECH
Molenstraat 67, 8582 AvelgemGeneral electrical installation work
since 20222.337.238.655
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34031A0362/00Z000 Flanders 1,004 m² 1 · 176 m² 4.8 m · 1 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.

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 8,679 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792831280
Also 9925:BE0792831280
Registered 19-12-2025

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.