DELPA
ActiveDELPA has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €312k and a net result of €149k. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 7427 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
90
/ 100
Excellent▼ -10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency99▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 5.41 in 2023), and 36% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
64%
Return on assets
30.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
1 d early
2022
on the day
2021
2 d early
2020
89 d late
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€312k▼ 46.9%
2023 · €588k
2018: €107k
2019: €117k
2020: €186k
2021: €333k
2022: €434k
2023: €588k
2018 → 2024
Total assets
€488k▼ 32.7%
2023 · €724k
2018: €231k
2019: €302k
2020: €308k
2021: €438k
2022: €700k
2023: €724k
2018 → 2024
Net result
€149k▼ 3.0%
2023 · €154k
2018: €32k
2019: €10k
2020: €93k
2021: €146k
2022: €101k
2023: €154k
2018 → 2024
Working capital
€294k▼ 47.9%
2023 · €564k
2018: €15k
2019: €27k
2020: €109k
2021: €255k
2022: €421k
2023: €564k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€186k-€333k▲ 78.7%€434k▲ 30.4%€588k▲ 35.5%€312k▼ 46.9%
Operating result€110k-€183k▲ 66.3%€126k▼ 31.2%€188k▲ 48.8%€189k▲ 0.7%
Net result€93k-€146k▲ 57.4%€101k▼ 30.9%€154k▲ 52.2%€149k▼ 3.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €488k
Fixed assets
€23k▼ 26.9%
Current assets
€464k▼ 32.9%
Equity and liabilities €488k
Equity
€312k▼ 46.9%
Debt
€176k▲ 28.5%
The debt ratio rises from 18.9% to 36.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€201k▲
2023 · €196k
Cash flow
€161k▼
2023 · €162k
Solvency
64.0%▼
2023 · 81.1%
Current ratio
2.72▼
2023 · 5.41
Quick ratio
2.18▼
2023 · 4.55
Debt / equity
0.56▲
2023 · 0.23
ROE
47.9%▲
2023 · 26.2%
ROA
30.6%▲
2023 · 21.3%
Interest coverage
36.30▼
2023 · 70.50
Debt
€176k▲
2023 · €137k
Debt ≤ 1 year
€171k▲
2023 · €128k
Debt > 1 year
€5k▼
2023 · €8k
Income taxes
€49k▲
2023 · €48k
Staff costs
€221k▼
2023 · €277k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€724k€488k▼
Fixed assets21/28€32k€23k▼
Tangible fixed assets22/27€32k€23k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€15k€12k▼
Leasing and similar rights25€12k€9k▼
Financial fixed assets28€20€20=
Current assets29/58€693k€464k▼
Stocks and contracts in progress3€110k€92k▼
Stocks30/36€110k€92k▼
Amounts receivable within one year40/41€472k€262k▼
Trade receivables40€80k€145k▲
Other amounts receivable41€392k€117k▼
Cash at bank and in hand54/58€100k€100k▲
Deferred charges and accrued income490/1€11k€11k▼
Equity and liabilities
Total equity and liabilities10/49€724k€488k▼
Equity10/15€588k€312k▼
Contributions10/11€6k€6k=
Reserves13€87k€87k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€85k€87k▲
Profit (loss) carried forward14€495k€219k▼
Amounts payable17/49€137k€176k▲
Amounts payable after more than one year17€8k€5k▼
Financial debts170/4€8k€5k▼
Amounts payable within one year42/48€128k€171k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Financial debts43€10k€3k▼
Credit institutions430/8€10k€3k▼
Trade debts44€96k€60k▼
Suppliers440/4€96k€60k▼
Taxes, remuneration and social security45€13k€13k▲
Taxes450/3€139€45▼
Remuneration and social security454/9€13k€13k▲
Other amounts payable47/48€6k€92k▲
Accrued charges and deferred income492/3€333€38▼
Income statement
Code20232024
Non-recurring operating income76A€0€4k▲
Remuneration, social security and pensions62€277k€221k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€5k€980▼
Gross operating margin9900€479k€425k▼
Operating profit (loss)9901€188k€189k▲
Financial income75/76B€18k€15k▼
Recurring financial income75€18k€15k▼
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€202k€198k▼
Income taxes67/77€48k€49k▲
Profit (loss) for the period9904€154k€149k▼
Profit (loss) for the period to be appropriated9905€154k€149k▼
Appropriation of the result
Profit (loss) to be appropriated9906€495k€644k▲
Profit (loss) brought forward from the previous period14P€341k€495k▲
Profit to be distributed694/7-€425k
Return on contributions (dividend)694-€425k
Social balance
Average headcount (FTE)90873.92.8▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €154k ▲52.2%
Net result €154k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 5.41
Current ratio from 2.65 to 5.41; short-term debt falls from €255k to €128k.
31-12
Financial
Equity above €500kEq €588k ▲35.5%
6 profitable years in a row build equity to €588k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €333k ▲78.7%
4 profitable years in a row build equity to €333k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Equity above €150kEq €186k ▲58.4%
3 profitable years in a row build equity to €186k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €10k ▼68.2%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Machelen (Brab.) · 1 establishment unit since 2009
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.
Beaulieustraat 61830 Machelen (Brab.)Ground area
1.1 ha
Building footprint
1,328 m²
Volume, LiDAR
9,751 m³
Parcel 23047A0435/00Y011, Flanders · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DELPA
since 20092.179.150.530
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047A0435/00Y011 | Flanders | 1.1 ha | 1 · 1,328 m² | 8.8 m · 3 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.
Similar companies · same sector, comparable size
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ELEKTRO ROTSAERT
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Of 22,728 companies in sector 43211 we hold annual accounts for 10,269. 7,461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.