DELRUE COMMUNICATIONS
ActiveSummary
The annual accounts of DELRUE COMMUNICATIONS for fiscal year 2025 show a net loss of 72% of total assets. The 2025 annual accounts show equity of €87k and a net result of €-160k. Equity is shrinking by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 52% of 913 sector peers (fiscal year 2025). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency64▲+40
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days 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 ample (current ratio 1.54 against 0.94 in 2024; short-term debt: 60.8% and cash: 2.8% of total assets), but 60.9% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.1%
Return on assets
-72.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d late
2023
29 d late
2022
38 d early
2021
34 d early
2020
12 d early
2019
1 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€87k
2024 · €-3k
2018: €116k
2019: €115k
2020: €119k
2021: €77k
2022: €70k
2023: €82k
2024: €-3k
2018 → 2025
Total assets
€222k▼ 24.7%
2024 · €294k
2018: €335k
2019: €350k
2020: €307k
2021: €434k
2022: €391k
2023: €402k
2024: €294k
2018 → 2025
Net result
€-160k▼ 86.8%
2024 · €-86k
2018: €-11k
2019: €-2k
2020: €5k
2021: €-42k
2022: €-8k
2023: €12k
2024: €-86k
2018 → 2025
Working capital
€73k
2024 · €-19k
2018: €106k
2019: €101k
2020: €91k
2021: €50k
2022: €48k
2023: €62k
2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€70k▼ 9.9%€82k▲ 17.9%€-3k€87k
Operating result€-34k-€-3k▲ 91.1%€20k€-78k€-153k▼ 96.1%
Net result€-42k-€-8k▲ 81.6%€12k€-86k€-160k▼ 86.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €153k in 2025 against €78k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €222k
Fixed assets
€13k ▼ 12.4%
Current assets
€208k ▼ 25.3%
Equity and liabilities €222k
Equity
€87k
Debt
€135k
Debt finances 60.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€-149k▼
2024 · €-72k
Cash flow
€-155k▼
2024 · €-79k
Current ratio
1.54▲
2024 · 0.94
Quick ratio
0.41▲
2024 · 0.41
Debt to equity
1.56▲
2024 · -88.96
ROE
-184.3%
ROA
-72.1%▼
2024 · -29.1%
Interest coverage
-18.67▼
2024 · -5.99
Debt ≤ 1 year
€135k▼
2024 · €298k
Staff costs
€232k▼
2024 · €240k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€294k€222k▼
Fixed assets21/28€15k€13k▼
Tangible fixed assets22/27€11k€9k▼
Plant, machinery and equipment23€942€2k▲
Furniture and vehicles24€1k€2k▲
Other tangible fixed assets26€9k€6k▼
Financial fixed assets28€4k€4k=
Current assets29/58€279k€208k▼
Stocks and contracts in progress3€158k€153k▼
Stocks30/36€158k€153k▼
Amounts receivable within one year40/41€109k€43k▼
Trade receivables40€107k€43k▼
Other amounts receivable41€2k€145▼
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€294k€222k▼
Equity10/15€-3k€87k▲
Contributions10/11€20k€270k▲
Reserves13€62k€62k=
Distributable reserves133€62k€62k=
Profit (loss) carried forward14€-86k€-246k▼
Amounts payable17/49€298k€135k▼
Amounts payable within one year42/48€298k€135k▼
Financial debts43€648€280▼
Credit institutions430/8€648€280▼
Trade debts44€59k€67k▲
Suppliers440/4€59k€67k▲
Advances received on contracts in progress46€1k€1k▼
Taxes, remuneration and social security45€21k€24k▲
Remuneration and social security454/9€21k€24k▲
Other amounts payable47/48€215k€43k▼
Accrued charges and deferred income492/3-€71
Income statement
Code20242025
Remuneration, social security and pensions62€240k€232k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€5k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€173k€88k▼
Operating profit (loss)9901€-78k€-153k▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€12k€8k▼
Recurring financial charges65€12k€8k▼
Profit (loss) for the period before taxes9903€-86k€-160k▼
Profit (loss) for the period9904€-86k€-160k▼
Profit (loss) for the period to be appropriated9905€-86k€-160k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-86k€-246k▼
Profit (loss) brought forward from the previous period14P-€-86k
Social balance
Average headcount (FTE)90874.84.8=
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-160k
Net result drops to €-160k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Anzegem · 2 establishment units since 2002
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.
Kerkstraat 1318570 AnzegemGround area
3,270 m²
Building footprint
633 m²
Volume, LiDAR
3,405 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
DELRUE COMMUNICATIONS
since 20022.101.572.997
Tellitcom
since 20082.174.732.971
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002F0926/00K002 | Flanders | 2,664 m² | 1 · 633 m² | 8.7 m · 2 fl. |
| 34002F0926/00N002 | Flanders | 606 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2025 · 1 entry · 296 EUR awarded · 296 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 296 EUR | 296 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
875500XFMD84WIKX8R26
Similar companies · same sector, comparable size
PUBLI-ART
BE 0883.243.990
Erpe-Mere · Eq €87,885
EM Kar
BE 0675.751.884
Mechelen · Eq €90,492
ACTIBEL MOBILITY
BE 0673.597.395
Namur · Eq €90,783
CERONA
BE 0463.545.182
Gent · Eq €90,948
REIN-TRADE
BE 0766.944.257
Tielt · Eq €82,388
Of 361 companies in sector 77120 we hold annual accounts for 233. 146 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2000
Fiscal year end31-12
Activities, NACEBEL 2025
77120Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47400Retail sale of information and communication equipment
61100Wired, wireless and satellite telecommunications
62200Computer consultancy and computer facilities management
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.