DELSAN
ActiveDELSAN has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-122k) and a net result of €-92k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
7
/ 100
Critical▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency35▼-6
Growth32=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.83 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
-68.5%
Return on assets
-51.7%
Age of the figures
15 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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€122k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-11-2025, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 d early
2024
86 d early
2023
33 d early
2022
33 d early
2021
31 d early
2020
31 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-122k▼ 307%
2024 · €-30k
2019: €41k
2020: €42k
2021: €61k
2022: €61k
2023: €15k
2024: €-30k
2019 → 2025
Total assets
€178k▲ 7.8%
2024 · €165k
2019: €84k
2020: €114k
2021: €98k
2022: €96k
2023: €46k
2024: €165k
2019 → 2025
Net result
€-92k▼ 102%
2024 · €-45k
2019: €8k
2020: €227
2021: €21k
2022: €585
2023: €-46k
2024: €-45k
2019 → 2025
Working capital
€-123k▼ 275%
2024 · €-33k
2019: €42k
2020: €48k
2021: €62k
2022: €57k
2023: €8k
2024: €-33k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€61k=€15k▼ 74.8%€-30k€-122k▼ 307%
Operating result€28k-€3k▼ 90.9%€-45k€-44k▲ 2.3%€-91k▼ 106%
Net result€21k-€585▼ 97.2%€-46k€-45k▲ 1.0%€-92k▼ 102%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €91k in 2025 against €44k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178k
Fixed assets
€2k▼ 47.6%
Current assets
€176k▲ 8.8%
Key figures and ratios
EBITDA
€-90k▼
2024 · €-43k
Cash flow
€-91k▼
2024 · €-44k
Solvency
-68.5%▼
2024 · -18.1%
Current ratio
0.59▼
2024 · 0.83
Quick ratio
0.59▼
2024 · 0.83
Debt / equity
-2.46▲
2024 · -6.51
ROE
75.4%▼
2024 · 151.7%
ROA
-51.7%▼
2024 · -27.5%
Interest coverage
-97.19▼
2024 · -39.49
Debt
€300k▲
2024 · €195k
Debt ≤ 1 year
€300k▲
2024 · €195k
Staff costs
€55k▼
2024 · €94k
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€165k€178k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€1k€554▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€162k€176k▲
Amounts receivable within one year40/41€159k€167k▲
Trade receivables40€27k-
Other amounts receivable41€132k€167k▲
Cash at bank and in hand54/58€2k€5▼
Deferred charges and accrued income490/1€823€9k▲
Equity and liabilities
Total equity and liabilities10/49€165k€178k▲
Equity10/15€-30k€-122k▼
Contributions10/11€12k€12k=
Reserves13€49k€49k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€47k€47k=
Profit (loss) carried forward14€-91k€-183k▼
Amounts payable17/49€195k€300k▲
Amounts payable within one year42/48€195k€300k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€8k€17k▲
Suppliers440/4€8k€17k▲
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€25-
Remuneration and social security454/9€7k€4k▼
Other amounts payable47/48€180k€278k▲
Income statement
Code20242025
Remuneration, social security and pensions62€94k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€554€747▲
Gross operating margin9900€52k€-34k▼
Operating profit (loss)9901€-44k€-91k▼
Financial income75/76B€22€186▲
Recurring financial income75€22€186▲
Financial charges65/66B€1k€924▼
Recurring financial charges65€1k€924▼
Profit (loss) for the period before taxes9903€-45k€-92k▼
Income taxes67/77€26-
Profit (loss) for the period9904€-45k€-92k▼
Profit (loss) for the period to be appropriated9905€-45k€-92k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€-183k▼
Profit (loss) brought forward from the previous period14P€-46k€-91k▼
The notes to these accounts (5 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
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series.
2024
06-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €21k ▲8946%
Operating result €28k, net result €21k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 3.67
Current ratio from 1.74 to 3.67; short-term debt falls from €64k to €23k.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-12
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
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, Kuurne · 1 establishment unit since 2011
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.
Ruitersweg 648520 KuurneGround area
557 m²
Building footprint
145 m²
Volume, LiDAR
631 m³
Parcel 34023B0849/00P002, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DELSAN
since 20112.204.009.947
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0849/00P002 | Flanders | 557 m² | 1 · 145 m² | 6.9 m · 1 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.
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Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 11,800 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-09-2011
Fiscal year end30-06
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@delsan.net
Phone:0478505839