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DELREE CONSTRUCTION

Active Private limited companyfounded 2023active for 3 yearsRue d'Oteppe 1, 4260 BraivesKBO/BCE: BE 0804.115.350

Overview

Lifetime

3 annual accounts with figures on one time axis
peak €58,617 (2023)
€48,146▼ 11.9%
lowest -€27,428 (2025)
-€27,428▼ €30,531
peak €38,693 (2024)
€11,265▼ 70.9%
€42,470▲ 32.4%
Board1 name since 2023
Documentsfilings and deeds
01-04-2026121 days before the deadline
2025micro format
Loss of €27,428Equity from €38,693 to €11,265Debts from €32,084 to €42,470

Key points

from the 2025 annual accounts

Overdue debts

€7,127 on 31-12-2025
Overdue tax debts
€2,369
Overdue social security (RSZ) debts
€4,758

The annual accounts state €2,369 of overdue tax debts and €4,758 of overdue social security (RSZ) debts on 31-12-2025.

Turnover

≈ €340,000 estimated

The micro format states no turnover.

Debts

€42,470 79% of the balance sheet
Financial debts 15%Suppliers 51%Taxes and wages 34%

Liquidity

1.01 was 1.66 in 2024

Short-term debts rose from €32,006 to €42,470.

Position in the sector

-€27,428

Lower net result than 93% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.

Checked score

35
Weak
Financially stronger than 13% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.6%lowest value 01-2025: 3.7%▲ +0.1 percentage points vs 12-2024 02-2025: 3.9%▲ +0.2 percentage points vs 01-2025 03-2025: 3.9%● unchanged vs 02-2025 04-2025: 4.0%▲ +0.1 percentage points vs 03-2025 05-2025: 4.2%▲ +0.2 percentage points vs 04-2025 06-2025: 4.4%▲ +0.2 percentage points vs 05-2025 07-2025: 4.5%▲ +0.1 percentage points vs 06-2025 08-2025: 4.5%● unchanged vs 07-2025 09-2025: 4.5%● unchanged vs 08-2025 10-2025: 4.5%● unchanged vs 09-2025 11-2025: 4.5%● unchanged vs 10-2025 12-2025: 4.5%● unchanged vs 11-2025 01-2026: 4.5%● unchanged vs 12-2025 02-2026: 4.5%● unchanged vs 01-2026 03-2026: 4.5%● unchanged vs 02-2026 04-2026: 4.5%● unchanged vs 03-2026 05-2026: 5.2%▲ +0.7 percentage points vs 04-2026 06-2026: 5.2%● unchanged vs 05-2026 07-2026: 5.2%● unchanged vs 06-2026 08-2026: 5.2%● unchanged vs 07-2026 09-2026: 5.2%● unchanged vs 08-2026 10-2026: 5.2%● unchanged vs 09-2026highest value 11-2026: 5.2%● unchanged vs 10-2026highest value

Financial strength
Weak

46-34equity 21.0% of total assets
13-15short-term debt 79.0% · cash 4.8%
0-62return on assets -51.0%

Score breakdown

raises risk
Founded in 2023
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €53,735
Loss of €27,428 (financial year 2025)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 28% of them on solvency, 11% on liquidity, 5% on profitability and 8% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,207 companies had the same profile as DELREE CONSTRUCTION has now. Each dot stands for 4 companies, two years later.

90.2%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of DELREE CONSTRUCTION itself: 5.2% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,207 companies, not a prediction for DELREE CONSTRUCTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No publishable credit limit, so credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is tight, with a current ratio of 1.01 (1.66 in 2024), below the usual 1.5. Short-term debt is 79% and cash 4.8% of total assets. 79% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €53,735
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €27,428 (financial year 2025)
NBB · annual accounts
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 01-04-2026, 121 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
121 days early
2024
86 days early
2023
46 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 84 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 May (3 of the last 3 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

DA
Director, since 17-07-2023
  • DELRÉE Anthony Vincent Muriel 80 sharesdeed of 24-07-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0804115350
Incorporation Founding capital of €8,000, 80 shares · Founder: DELRÉE Anthony Vincent Muriel · Appointment: DELRÉE Anthony Vincent Muriel (director) · published on 24-07-2023 · Gazette deed
First establishment Rue d'Oteppe 1, Braives
All 7 events

Comparable companies

same main activity, similar in size and age
Company
DELREE CONSTRUCTION Braives €53,735 €48,146 21.0% -
ARK Groep Genk €55,458 €52,345 80.0% -
BELRO CONSTRUCT Asse €49,171 €49,933 79.8% -
TANKOO Lievegem €54,551 €53,772 66.3% -
AdamZ Construct Charleroi €47,568 €47,127 20.7% -
LRS Company Ganshoren €59,148 €43,399 56.2% -
RAFF ROOF Grimbergen €52,010 €42,289 82.3% -

These companies have the same main activity as DELREE CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €47,600 and €59,100, founded in 2023.

Official details

Source: KBO
Status
Active since 19-07-2023Normal situation
Activity
General construction of residential buildingsNACE 41001and 1 other
Joint committee
124Construction · annual accounts 2025
Establishment unit
2.362.781.1314260 Braives, since 19-07-2023
Financial year end
31 December
Peppol
Reachable since 08-10-2026
Company details

Annual accounts 2025

€48,146▼ 11.9%
€27,428
€11,265▼ 70.9%
€53,735▼ 24.1%
Employeeson 31-12-2025
1=
Filing
Filed on 01-04-2026, 121 days before the end of the filing period
Financials

Insights on DELREE CONSTRUCTION

DELREE CONSTRUCTION files the micro format. That format states no turnover. The gross margin fell from €58,617 in 2023 to €48,146 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 01-04-2026, 121 days before the deadline
€48,146
▼ 11.9%
-€24,706
▼ €33,329
-€27,428
▼ €30,531
€327
▼ 98.5%
21.0%
▼ 33.7 percentage points
1.01
▼ 0.65

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €340,000. Estimated: probably between €190,000 and €600,000.

Balance sheet

balance sheet total €53,735 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

21.0%

Higher than 27% of 9,462 companies in 2025.

1.01

Higher than 22% of 9,210 companies in 2025.

-51.0%

Lower than 95% of 9,282 companies in 2025.

DELREE CONSTRUCTION Middle half of the sector 80% of the sector Micro accounts in construction of buildings (NACE 41)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Staff

€57,738

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 53,73570,77785,110
21/28 10,93717,57748,551
22/27 10,93717,57748,551
23 9,93714,57724,293
24 1,0003,0005,000
25 -019,258
26 0--
29/58 42,79753,20036,560
3 5002,457-
30/36 5002,457-
40/41 25,59145,71032,180
40 17,22729,91714,831
41 8,36415,79317,349
54/58 2,59502,420
490/1 14,1115,0321,960
Balance sheet: equity and liabilities
10/49 53,73570,77785,110
10/15 11,26538,69335,590
10/11 8,0008,0008,000
14 3,26530,69327,590
17/49 42,47032,08449,521
17 -013,956
170/4 -013,956
42/48 42,47032,00632,807
42 -03,760
43 6,4204,799-
430/8 6,4204,799-
44 21,6449,18810,970
440/4 21,6449,18810,970
45 14,40618,01918,077
450/3 8,30112,17413,482
454/9 6,1055,8454,595
47/48 000
492/3 0782,757
Income statement
9900 48,14654,62258,617
62 57,73832,42510,551
630 12,96511,7168,993
640/8 2,1491,8603,259
9901 -24,7068,62235,814
75/76B 4891,333170
75 4891,333170
65/66B 2,9394,484912
65 2,9394,484912
9903 -27,1575,47235,071
67/77 2722,3697,482
9904 -27,4283,10327,590
9905 -27,4283,10327,590
Appropriation of the result
9906 3,26530,69327,590
14P 30,69327,590-
Social balance sheet
9087 10.70.3
Hours worked1013 1,664960296
Document PDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 01-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 01-04-2026 2026-00071638 PDF
31-12-2024 micro format 06-05-2025 2025-00090698 PDF
31-12-2023 micro format 15-06-2024 2024-00138223 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
-11,74120,33844,807
-14,46314,81936,583
6,325-19,25879,801
2,595-2,420-
32721,1943,753
21.0%54.7%41.8%
1.011.661.11
1.001.591.11
3.770.831.39
-243.5%8.0%77.5%
-51.0%4.4%32.4%
-3.994.5449.12

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-2023
Employees at the balance-sheet date111
full-time111
in full-time equivalents111
10.70.3
On a permanent contract1--
Joined-21
Left-21

Source: social balance sheet in the 2023 to 2025 annual accounts

Overdue debts

tax and social security
Item202520242023
Overdue tax debts€2,369--
Overdue social security (RSZ) debts€4,758--

Source: notes to the 2023 to 2025 annual accounts (statement of debts)

Securities and guarantees

on own assets and for others
Item202520242023
Pledge on other assets, amount secured--€17,716
Carrying value of the other pledged assets--€48,551

Source: notes to the 2023 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets€6,325-€79,801
€12,965€11,716€8,993

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on DELREE CONSTRUCTION

The operating result for 2025 is a loss of €24,706, after a profit of €8,622 in 2024. It is the lowest result since 2023.

Debt's share of the balance-sheet total rises from 45.3% to 79.0%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 17-07-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 01-04-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DELRÉE Anthony Vincent Muriel
Director (not named in the articles)
Board
Mandates as a list
  • DELRÉE Anthony Vincent Muriel
    • Director (not named in the articles), from 17-07-2023 to date

See the board, name and registered office on a given date →

Control

This company
DELREE CONSTRUCTION
Equity €11,265
Loss €27,428 in 2025

Capital

Contribution
€8,000
Shares
80
Contribution per share
€100
Equity per share
€141 in 2025
Source
deed of 24-07-2023

Articles of association

deed of 24-07-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“Assemblée générale décide, frais généraux,plus frais représentation,voyages,déplacements”

Shareholders

At incorporation deed of 24-07-2023 ↗

Network & group

No group

DELREE CONSTRUCTION has no parent and no holdings in its annual accounts. DELRÉE Anthony Vincent Muriel is the only director. DELREE CONSTRUCTION shares no director with another company.

At the same address

Rue d'Oteppe 1, 4260 Braives · 1 other company
RONVAUX Christian
registered office since 13-07-2011 · founded in 2011
total assets €485,336 (2025)
0837.816.912

Timeline

Timeline

7 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0804115350
Annual accounts 2025 filed PDFmicro format · 121 days before the deadline
2025
Weakest financial year net -€27,428 The net result drops to -€27,428, the lowest from 2023 to 2025.
Annual accounts 2024 filed PDFmicro format · 86 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 46 days before the deadline
2023
IncorporationFounding capital of €8,000, 80 shares · Founder: DELRÉE Anthony Vincent Muriel · Appointment: DELRÉE Anthony Vincent Muriel (director) · published on 24-07-20236 points ▸

Open the deed in the Belgian Official Gazette

First establishment Rue d'Oteppe 1, Braives

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DELREE CONSTRUCTION was incorporated on 19 July 2023 as a private limited company by one natural person, with a starting capital of €8,000.12 Since 2023, DELRÉE Anthony Vincent Muriel has served as director.3 Total assets fell from €85,110 in 2023 to €53,735 in 2025 and headcount from 0.3 to 1 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-07-2023
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0804.115.350
VAT number
BE 0804.115.350
Peppol ID
0208:0804115350
Other Peppol ID
9925:BE0804115350
Legal form
Private limited company
Status
Active, normal situation
Founded
19-07-2023
Financial year
ends on 31 December
Peppol
Reachable since 08-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DELREE CONSTRUCTION in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-07-2023 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 124 Construction
Codes under NACEBEL 2008
VAT activities
41201 General construction of buildings main activity
43390 Specialised construction activities
Social security (RSZ) activities
41201 General construction of buildings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Tous types de travaux de maçonnerie,de charpente,de toiture et de couverture ceci comprenant le montant de charpente,la pose de couverture…”
15 activities
  1. Tous types de travaux de maçonnerie,de charpente,de toiture et de couverture ceci comprenant le montant de charpente,la pose de couverture en tout matériaux et la mise en place des évacuations des eaux de pluies
  2. Tous types de travaux de restauration des bâtiments ceci comprenant notamment les travaux d’étanchéification des murs,le ravalement des façades,la construction de cheminées décoratives et de feux ouverts,la pose de chapes et de manière générale tous les types de constructions spécialisées
  3. Tous types de travaux d’étanchéités et d’isolation,et notamment les travaux de déshumidification des bâtiments,les travaux d’étanchéification des toits et des toitures-terrasses,y compris le traitement des murs contre l'humidité
  4. Toutes installations et fabrications de châssis
  5. L'installation sanitaire,de la plomberie et zinguerie
  6. Le nettoyage et le débouchage de tuyaux d’écoulement dans les bâtiments
  7. L’installation de chauffage,de ventilation et de conditionnement d’air,ceci comprenant notamment,sans que l’énonciation ne soit limitative,l’installation dans des bâtiments ou autres projets de construction de systèmes de chauffage au gaz,à l’électricité et au mazout,l’installation de chaudières,conduites et équipements de ventilation,de réfrigération et de climatisation,l’installation de tours de refroidissement et de capteurs d’énergies solaires non électriques
  8. Toutes opérations se rapportant à l’étude,à la production,à la vente,à l’installation,au placement,et à l’entretien de cellules et de modules liés à l’énergie renouvelable
  9. Tous travaux de finition et de parachèvement qui comprennent entre autres la menuiserie,le plafonnage,la peinture et tapisserie et la pose de revêtements
  10. Tous types de travaux en matière d’électricité en ce compris les travaux d’installation électrique,l’installation de câbles et appareils électriques,de systèmes d’alimentation de secours,les installations électriques de chauffage,l’installation d’ascenseurs et escaliers mécaniques,l'installation de systèmes de surveillance et d’alarme contre les effractions,le commerce et le placement d’électro-ménagers et de tout matériel électrique
  11. De manière générale,tous travaux d'entrepreneur en bâtiment qui lui sont autorisés
  12. Tous contrats de sous-traitance pour la réalisation de son objet
  13. Gestion et mise en valeur de son propre patrimoine mobilier ou immobilier tant à titre de support à son activité initiale qu’à titre d’activité autonome,y compris acheter,vendre,louer ou commercialiser matières premières,outils et matériaux dont l’usage est lié directement ou indirectement à l’activité principale
  14. Toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement la réalisation
  15. Exercice de la ou les fonctions d'administrateur,de gérant ou de liquidateur
deed of 24-07-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue d'Oteppe 1 registered office 4260 Braives 42110 Construction of roads and motorways 19-07-2023 2.362.781.131

Buildings and parcels at the address

Ground area
2,566 m²
Buildings
80 m²
Volume, LiDAR
463 m³
Tallest building
7.2 m
Buildings to scale, each on its own parcel
80 m², 7.2 m 80 m², 7.2 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
64017B0202/00K0002,565 m² 1 · 80 m² 7.2 m · 2

Contact

E-mail anthonydelree@hotmail.com
Phone +32 498 35 15 92

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0804.115.350