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Delsart

Bankruptcy
Public limited companyfounded 1992Rue de la Grande Armée 3, 6020 Charleroi, BelgiumKBO/BCE: BE 0446.505.351
Summary

The KBO register records for Delsart the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (-€393,651) and a net result of -€30,135.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Earlier reorganisation (closed)
Involved in a judicial reorganisation procedure in the past. No current open procedure.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-08-2022, 12 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
12 d late
2020
24 d late
2019
55 d late
← 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 after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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

Delsart was incorporated on 28 January 1992.1 Total assets fell from EUR 284,138 in 2018 to EUR 247,786 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€30,135
2020 · €68,377
Working capital
-€426,587▼ 3.8%
2020 · -€410,775
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
Line2018201920202021
Operating result-€112,519-€48,316€61,890▲ 28.1%-€29,651
Net result-€718,987-€18,047€68,377above the sector's middle half▲ 279%-€30,135below the sector's middle half
Equity-€449,940--€431,892▲ 4.0%-€363,515below the sector's middle half▲ 15.8%-€393,651below the sector's middle half▼ 8.3%
Total assets€284,138-€281,090▼ 1.1%€289,992within the sector's middle half▲ 3.2%€247,786within the sector's middle half▼ 14.6%
Debt€734,078-€712,983▼ 2.9%€653,507▼ 8.3%€641,436▼ 1.8%
Working capital-€486,270--€489,297▼ 0.6%-€410,775below the sector's middle half▲ 16.0%-€426,587below the sector's middle half▼ 3.8%
Solvency-158.4%--153.6%▲ 4.7pp-125.4%below the sector's middle half▲ 28.3pp-158.9%below the sector's middle half▼ 33.5pp
Current ratio0.31-0.31▲ 0.010.37below the sector's middle half▲ 0.060.33below the sector's middle half▼ 0.04
Return on assets (ROA)-253.0%-6.4%▲ 259.5pp23.6%above the sector's middle half▲ 17.2pp-12.2%below the sector's middle half▼ 35.7pp
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€800,000-€600,000-€400,000-€200,000€0Operating result 2018: -€112,519-€112,519Net result 2018: -€718,987-€718,987Operating result 2019: €48,316€48,316Net result 2019: €18,047€18,047Operating result 2020: €61,890€61,890Net result 2020: €68,377€68,377Operating result 2021: -€29,651-€29,651Net result 2021: -€30,135-€30,1352018201920202021-€50,000-€25,000€0€25,000€50,000€75,000Operating result 2019: €48,316€48,300Net result 2019: €18,047€18,000Operating result 2020: €61,890€61,900Net result 2020: €68,377€68,400Operating result 2021: -€29,651-€29,700Net result 2021: -€30,135-€30,100201920202021
The operating result turns negative in 2021: a loss of €29,651 after €61,890 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €247,786
Fixed assets €32,936 ▼ 30.3%
Current assets €214,849 ▼ 11.5%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€15,328▼
2020 · €75,576
Cash flow
-€15,812▼
2020 · €82,062
Quick ratio
0.33▼
2020 · 0.37
Debt to equity
-1.63
Interest coverage
-65.67
Debt ≤ 1 year
€641,436▼
2020 · €653,507
Income taxes
€3,000
Staff costs
€470
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 48 lines
Balance sheet Code20202021
Assets
Total assets20/58€289,992€247,786▼
Fixed assets21/28€47,260€32,936▼
Tangible fixed assets22/27€28,574€14,251▼
Land and buildings22-€470
Plant, machinery and equipment23-€3,729
Furniture and vehicles24-€10,052
Financial fixed assets28€18,686€18,686=
Current assets29/58€242,732€214,849▼
Stocks and contracts in progress3€2,500€1,780▼
Stocks30/36-€1,780
Amounts receivable within one year40/41€238,394€208,240▼
Trade receivables40-€172,381
Other amounts receivable41-€35,859
Cash at bank and in hand54/58€1,117€2,986▲
Deferred charges and accrued income490/1-€1,844
Equity and liabilities
Total equity and liabilities10/49€289,992€247,786▼
Equity10/15-€363,515-€393,651▼
Contributions10/11€85,000€85,000=
Capital10-€85,000
Issued capital100-€85,000
Reserves13€8,500€8,500=
Non-distributable reserves130/1-€8,500
Legal reserve130-€8,500
Profit (loss) carried forward14-€457,015-€487,151▼
Amounts payable17/49€653,507€641,436▼
Amounts payable within one year42/48€653,507€641,436▼
Current portion of amounts payable after more than one year42-€58,655
Trade debts44€63,710€58,898▼
Suppliers440/4-€58,898
Taxes, remuneration and social security45-€471,451
Taxes450/3-€471,451
Other amounts payable47/48-€52,433
Income statement Code20202021
Remuneration, social security and pensions62-€470
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,685€14,323▲
Other operating charges640/8-€93
Gross operating margin9900€78,866-€14,765▼
Operating profit (loss)9901€61,890-€29,651▼
Financial income75/76B-€2,750
Recurring financial income75€1,871€500▼
Non-recurring financial income76B-€2,250
Financial charges65/66B-€233
Recurring financial charges65€525€233▼
Profit (loss) for the period before taxes9903€68,377-€27,135▼
Income taxes67/77-€3,000
Profit (loss) for the period9904€68,377-€30,135▼
Profit (loss) for the period to be appropriated9905€68,377-€30,135▼
Appropriation of the result
Profit (loss) to be appropriated9906--€487,151
Profit (loss) brought forward from the previous period14P--€457,015

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€470-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,857€10,852€13,685€14,323▲ 4.7%
Other operating charges640/8---€93-
Gross operating margin9900-€66,782€62,491€78,866-€14,765▼ 119%
Operating profit (loss)9901-€112,519€48,316€61,890-€29,651▼ 148%
Financial income75/76B---€2,750-
Recurring financial income75€7,783€112€1,871€500▼ 73.3%
Non-recurring financial income76B---€2,250-
Financial charges65/66B---€233-
Recurring financial charges65€9,286€3,397€525€233▼ 55.5%
Profit (loss) for the period before taxes9903-€118,026€46,290€68,377-€27,135▼ 140%
Income taxes67/77€600,960€28,243-€3,000-
Profit (loss) for the period9904-€718,987€18,047€68,377-€30,135▼ 144%
Profit (loss) for the period to be appropriated9905-€718,987€18,047€68,377-€30,135▼ 144%
Line2018201920202021Change
Assets
Total assets20/58€284,138€281,090€289,992€247,786▼ 14.6%
Fixed assets21/28€68,257€57,405€47,260€32,936▼ 30.3%
Tangible fixed assets22/27€49,571€38,719€28,574€14,251▼ 50.1%
Land and buildings22---€470-
Plant, machinery and equipment23---€3,729-
Furniture and vehicles24---€10,052-
Financial fixed assets28€18,686€18,686€18,686€18,686=
Current assets29/58€215,881€223,685€242,732€214,849▼ 11.5%
Stocks and contracts in progress3€2,688€2,500€2,500€1,780▼ 28.8%
Stocks30/36---€1,780-
Amounts receivable within one year40/41€212,493€211,210€238,394€208,240▼ 12.6%
Trade receivables40---€172,381-
Other amounts receivable41---€35,859-
Cash at bank and in hand54/58€30€9,148€1,117€2,986▲ 167%
Deferred charges and accrued income490/1---€1,844-
Equity and liabilities
Total equity and liabilities10/49€284,138€281,090€289,992€247,786▼ 14.6%
Equity10/15-€449,940-€431,892-€363,515-€393,651▼ 8.3%
Contributions10/11€85,000€85,000€85,000€85,000=
Capital10---€85,000-
Issued capital100---€85,000-
Reserves13€8,500€8,500€8,500€8,500=
Non-distributable reserves130/1---€8,500-
Legal reserve130---€8,500-
Profit (loss) carried forward14-€543,440-€525,392-€457,015-€487,151▼ 6.6%
Amounts payable17/49€734,078€712,983€653,507€641,436▼ 1.8%
Amounts payable after more than one year17€31,927----
Amounts payable within one year42/48€702,151€712,983€653,507€641,436▼ 1.8%
Current portion of amounts payable after more than one year42---€58,655-
Trade debts44€98,924€74,543€63,710€58,898▼ 7.6%
Suppliers440/4---€58,898-
Taxes, remuneration and social security45---€471,451-
Taxes450/3---€471,451-
Other amounts payable47/48---€52,433-
Line2018201920202021Change
Profit (loss) for the period9904-€718,987€18,047€68,377-€30,135▼ 144%
+ Depreciation and write-downs630€42,857€10,852€13,685€14,323▲ 4.7%
Operating cash flow (approximation)-€676,130€28,899€82,062-€15,812▼ 119%
Investment in fixed assets (approximation)-€0-€3,540€0▲ 100%
Change in cash-€9,118-€8,031€1,869▲ 123%

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

2022
12-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
25-11
Judicial reorganisation Reorganisation plan revoked
Tribunal de l’entreprise du Hainaut · event 15-11-2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial Highest result since 2018net €68,377 ▲279%
Operating result €61,890, net result €68,377, both a record.
24-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial Back to profitnet €18,047
Net result €18,047 after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 27 days late
23-08
Judicial reorganisation Plan homologation
Tribunal de l’entreprise du Hainaut · event 20-08-2019
20-02
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 15-02-2019
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Show earlier events
2015
10-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 10 days late
2014
28-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 28 days late
2013
27-06
NBB filing Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Charleroi · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
192 m²
Building footprint
135 m²
Volume, LiDAR
1,120 m³
Parcel 52016A0520/00C007, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DELSART SA
Rue de la Grande Armée 3, 6020 CharleroiRaising of dairy cattle
since 19922.056.249.451
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52016A0520/00C007 Wallonia 192 m² 1 · 135 m² 9.4 m · 3 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 29,787 companies in sector 41001 we hold annual accounts for 16,052. 11,294 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded28-01-1992
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
42110Construction of roads and motorways
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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