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Delsico

Active
Private limited company (pre-2019)founded 197451 yrs activeBollandistenstraat 51, 1040 Etterbeek, BelgiumKBO/BCE: BE 0414.610.266
Summary

The computed 12-month bankruptcy probability of Delsico is 4.5% (elevated). For Delsico, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€70,477) and a net result of -€358. Equity remains stable across the filed fiscal years (±0.2% per year). The company has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability33▲+15
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2022
Solvency, return and age of the figures
Solvency
-337.4%
Return on assets
-1.7%
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 51 years 0 60 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 19-07-2023, 12 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
12 d early
2021
88 d late
2018
12 d early
2017
13 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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

On 21 November 1974, Delsico was incorporated.1 Total assets went from EUR 21,633 in 2018 to EUR 20,891 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Equity
-€70,477▼ 0.5%
2021 · -€70,119
Total assets
€20,891▲ 0.4%
2021 · €20,802
Net result
-€358▲ 78.0%
2021 · -€1,628
Working capital
-€70,477▼ 0.5%
2021 · -€70,119
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820212022
Operating result€423--€1,270--€131▲ 89.7%
Net result€375--€1,628--€358▲ 78.0%
Equity-€69,875--€70,119--€70,477▼ 0.5%
Total assets€21,633-€20,802-€20,891▲ 0.4%
Debt€91,508-€90,921-€91,367▲ 0.5%
Working capital-€69,875--€70,119--€70,477▼ 0.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€2,000-€1,000€0Operating result 2018: €423€423Net result 2018: €375€375Operating result 2021: -€1,270-€1,270Net result 2021: -€1,628-€1,628Operating result 2022: -€131-€131Net result 2022: -€358-€358201820212022-€2,000-€1,000€0Operating result 2018: €423€423Net result 2018: €375€375Operating result 2021: -€1,270-€1,270Net result 2021: -€1,628-€1,630Operating result 2022: -€131-€131Net result 2022: -€358-€358201820212022
The operating result stays negative: a loss of €131 in 2022 against €1,270 in 2021; the loss shrinks.
Key figures and ratios
2022 value · change against 2021
Solvency
-337.4%▼
2021 · -337.1%
Current ratio
0.23▼
2021 · 0.23
Debt to equity
-1.30=
2021 · -1.30
ROA
-1.7%▲
2021 · -7.8%
Debt ≤ 1 year
€91,367▲
2021 · €90,921
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 · 2022 against 2021 · 30 lines
Balance sheet Code20212022
Assets
Total assets20/58€20,802€20,891▲
Current assets29/58€20,802€20,891▲
Amounts receivable within one year40/41€126€126=
Trade receivables40€126€126=
Current investments50/53€29€29=
Cash at bank and in hand54/58€20,647€20,736▲
Equity and liabilities
Total equity and liabilities10/49€20,802€20,891▲
Equity10/15-€70,119-€70,477▼
Contributions10/11€30,987€30,987=
Reserves13€31,358€31,358=
Non-distributable reserves130/1€3,099€3,099=
Reserves not available under the articles1311€3,099€3,099=
Distributable reserves133€28,259€28,259=
Profit (loss) carried forward14-€132,464-€132,821▼
Amounts payable17/49€90,921€91,367▲
Amounts payable within one year42/48€90,921€91,367▲
Trade debts44€90,794€90,393▼
Suppliers440/4€848-
Bills of exchange payable441€89,947€90,393▲
Other amounts payable47/48€127€974▲
Income statement Code20212022
Other operating charges640/8-€50
Gross operating margin9900-€1,270-€81▲
Operating profit (loss)9901-€1,270-€131▲
Financial charges65/66B€358€226▼
Recurring financial charges65€358€226▼
Profit (loss) for the period before taxes9903-€1,628-€358▲
Profit (loss) for the period9904-€1,628-€358▲
Profit (loss) for the period to be appropriated9905-€1,628-€358▲
Appropriation of the result
Profit (loss) to be appropriated9906-€132,464-€132,821▼
Profit (loss) brought forward from the previous period14P-€130,836-€132,464▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820212022Change
Other operating charges640/8--€50-
Gross operating margin9900€423-€1,270-€81▲ 93.6%
Operating profit (loss)9901€423-€1,270-€131▲ 89.7%
Financial charges65/66B-€358€226▼ 36.8%
Recurring financial charges65€48€358€226▼ 36.8%
Profit (loss) for the period before taxes9903€375-€1,628-€358▲ 78.0%
Profit (loss) for the period9904€375-€1,628-€358▲ 78.0%
Profit (loss) for the period to be appropriated9905€375-€1,628-€358▲ 78.0%
Line201820212022Change
Assets
Total assets20/58€21,633€20,802€20,891▲ 0.4%
Current assets29/58€21,633€20,802€20,891▲ 0.4%
Amounts receivable within one year40/41€126€126€126=
Trade receivables40-€126€126=
Current investments50/53€29€29€29=
Cash at bank and in hand54/58€21,478€20,647€20,736▲ 0.4%
Equity and liabilities
Total equity and liabilities10/49€21,633€20,802€20,891▲ 0.4%
Equity10/15-€69,875-€70,119-€70,477▼ 0.5%
Contributions10/11€30,987€30,987€30,987=
Reserves13€31,358€31,358€31,358=
Non-distributable reserves130/1-€3,099€3,099=
Reserves not available under the articles1311-€3,099€3,099=
Distributable reserves133-€28,259€28,259=
Profit (loss) carried forward14-€132,220-€132,464-€132,821▼ 0.3%
Amounts payable17/49€91,508€90,921€91,367▲ 0.5%
Amounts payable within one year42/48€91,508€90,921€91,367▲ 0.5%
Trade debts44€91,508€90,794€90,393▼ 0.4%
Suppliers440/4-€848--
Bills of exchange payable441-€89,947€90,393▲ 0.5%
Other amounts payable47/48-€127€974▲ 668%
Line201820212022Change
Profit (loss) for the period9904€375-€1,628-€358▲ 78.0%
Operating cash flow (approximation)€375-€1,628-€358▲ 78.0%
Change in cash--€89-

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

2023
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
27-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
31-12
Financial Weakest financial yearnet -€1,628
Net result drops to -€1,628, the lowest in the series; recovery starts the following year.
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
13-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
19-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
18-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
28-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
10-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
22-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
03-07
NBB filing Annual accounts filed
fiscal year 2011 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Etterbeek · 1 establishment unit since 1997
seat establishment The establishment unit on the map
Ground area
1,146 m²
Building footprint
1,057 m²
Volume, LiDAR
20,588 m³
2 parcels, Brussels · tallest building 33.4 m, ±8 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Baljuwstraat 6, 1000 Brussel
NACE 7412401
since 19972.010.605.805
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0120/00F005 Brussels 973 m² 1 · 968 m² 33.4 m · 8 fl.
21362B0286/00X004 Brussels 173 m² 1 · 89 m² 16.6 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-11-1974
Fiscal year end31-12
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.

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Register as of 28 September 2026 · Peppol Directory

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