Delsea

Active

Private limited companyfounded 20242 yrs activeNorthlaan 13, 8400 Oostende, BelgiumKBO/BCE: BE 1006.659.268

The computed 12-month bankruptcy probability of Delsea is 1.8% (moderate). The 2025 annual accounts show equity of €79k and a net result of €29k. Its solvency ranks better than 15% of 10252 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability70

Solvency28

Growth-

Track record67

Bankruptcy probability, 12 months

1.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity tight (current ratio 1.08; short-term debt: 79.4% and cash: 20% of total assets), and 96.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

3.1%

Return on assets

1.1%

Age of the figures

15 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 10252 sector peers (2025).

NBB · sector comparison

Position among 10252 sector peers

Solvency

better than 15%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

1 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2025, abbreviated schema

Equity

€79k

Total assets

€2.52M

Net result

€29k

Working capital

€155k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition

Assets €2.52M

14.5%

85.5%

Fixed assets €365k

Current assets €2.16M

Equity and liabilities €2.52M

96.9%

Equity €79k

Debt €2.44M

Debt finances 96.9% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€87k

Cash flow

€84k

Solvency

3.1%

Current ratio

1.08

Quick ratio

0.61

Debt / equity

31.11

ROE

36.4%

ROA

1.1%

Interest coverage

16.81

Debt

€2.44M

Debt ≤ 1 year

€2.00M

Debt > 1 year

€332k

Income taxes

€6k

Staff costs

€2.24M

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€2.52M

Fixed assets21/28€365k

Tangible fixed assets22/27€365k

Plant, machinery and equipment23€310k

Furniture and vehicles24€47k

Other tangible fixed assets26€7k

Current assets29/58€2.16M

Stocks and contracts in progress3€944k

Stocks30/36€944k

Amounts receivable within one year40/41€674k

Trade receivables40€13k

Other amounts receivable41€661k

Cash at bank and in hand54/58€504k

Deferred charges and accrued income490/1€35k

Equity and liabilities

Total equity and liabilities10/49€2.52M

Equity10/15€79k

Contributions10/11€50k

Reserves13€29k

Distributable reserves133€29k

Amounts payable17/49€2.44M

Amounts payable after more than one year17€332k

Financial debts170/4€332k

Amounts payable within one year42/48€2.00M

Current portion of amounts payable after more than one year42€66k

Financial debts43€89k

Credit institutions430/8€89k

Trade debts44€1.55M

Suppliers440/4€1.55M

Taxes, remuneration and social security45€222k

Taxes450/3€18k

Remuneration and social security454/9€204k

Other amounts payable47/48€73k

Accrued charges and deferred income492/3€109k

Income statement Code2025

Remuneration, social security and pensions62€2.24M

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k

Other operating charges640/8€18k

Gross operating margin9900€2.35M

Operating profit (loss)9901€32k

Financial income75/76B€8k

Recurring financial income75€8k

Financial charges65/66B€5k

Recurring financial charges65€5k

Profit (loss) for the period before taxes9903€35k

Income taxes67/77€6k

Profit (loss) for the period9904€29k

Profit (loss) for the period to be appropriated9905€29k

Appropriation of the result

Profit (loss) to be appropriated9906€29k

Transfer to equity691/2€29k

To other reserves6921€29k

Social balance

Average headcount (FTE)908743.5

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

30-01

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Oostende · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Northlaan 138400 Oostende

Ground area

2.1 ha

Building footprint

8,179 m²

Volume, LiDAR

137,703 m³

Parcel 35384A0150/00Y011, Flanders · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

Delsea

Northlaan 13, 8400 OostendeSupermarkets

since 20242.357.035.167

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35384A0150/00Y011	Flanders	2.1 ha	1 · 8,179 m²	21.1 m · 6 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 1,086 EUR awarded · 1,086 EUR paid

Year	Entries	awarded	paid
2025	1	498 EUR	498 EUR
2024	1	588 EUR	588 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 1,086 EUR · 1,086 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site · 1 with a smiley

Oostende2.357.035.167

4 permissions · smiley 2027NL00872 valid until 22-12-2027

Toelating · Bakkerij · since 12-06-2024

Toelating · Detailhandel · since 12-06-2024

Toelating · Viswinkel · since 12-06-2024

and 1 more

Similar companies · same sector, comparable size

JS NATIONAL

BE 0521.822.089

Saint-Nicolas · Eq €79k

Sint-Jans-Molenbeek · Eq €79k

Florenville · Eq €79k

Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,688 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-03-2024

Fiscal year end30-06

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47114Supermarkets

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.