DELSPAN
ActiveDELSPAN has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.36M and a net result of €317k. Equity is shrinking by ~4.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
93
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+64
Solvency100=
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 8.03 against 986.06 in 2024), and 4.4% of the assets are financed with debt.
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.6%
Return on assets
12.9%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €2.4M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
93 d early
2024
174 d early
2023
104 d early
2022
146 d early
2021
26 d early
2020
65 d early
2019
37 d early
← before the deadline
after the deadline →
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
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€317k▲ 2,809%
2024 · €11k
2022: €124k
2023: €-1.20M
2024: €11k
2022 → 2025
Working capital
€769k▲ 69.9%
2024 · €452k
2022: €435k
2023: €441k
2024: €452k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€3.23M-€2.03M▼ 37.2%€2.04M▲ 0.5%€2.36M▲ 15.5%
Operating result€-4k-€-4k▼ 9.3%€-4k▼ 7.4%€-4k▲ 6.8%
Net result€124k-€-1.20M€11k€317k▲ 2,809%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €4k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.47M
Fixed assets
€1.59M=
Current assets
€878k▲ 93.8%
Equity and liabilities €2.47M
Equity
€2.36M▲ 15.5%
Debt
€109k▲ 8,139%
The debt ratio rises from 0.1% to 4.4%: debt grows faster than equity.
Key figures and ratios
Solvency
95.6%▼
2024 · 99.9%
Current ratio
8.03▼
2024 · 986.06
Quick ratio
8.03▼
2024 · 986.06
Debt / equity
0.05▲
2024 · 0.00
ROE
13.4%▲
2024 · 0.5%
ROA
12.9%▲
2024 · 0.5%
Debt
€109k▲
2024 · €1k
Debt ≤ 1 year
€109k▲
2024 · €459
Income taxes
€115k▲
2024 · €3k
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
Total assets
20/58€2.04M€2.47M▲
Fixed assets
21/28€1.59M€1.59M=
Financial fixed assets
28€1.59M€1.59M=
Current assets
29/58€453k€878k▲
Amounts receivable within one year
40/41€7k-
Investments
50/53€400k€800k▲
Cash & bank
54/58€43k€78k▲
Total equity & liabilities
10/49€2.04M€2.47M▲
Equity
10/15€2.04M€2.36M▲
Contributions / capital
10/11€3.03M€3.03M=
Accumulated profits (losses)
14€-990k€-673k▲
Amounts payable
17/49€1k€109k▲
Amounts payable within one year
42/48€459€109k▲
Trade debts payable within one year
44€459-
Income statement
Code20242025
Gross operating margin
9900€-4k€-4k▲
Operating result
9901€-4k€-4k▲
Financial income
75€19k€436k▲
Financial charges
65€416€505▲
Result before taxes
9903€14k€432k▲
Income taxes
67/77€3k€115k▲
Net result for the period
9904€11k€317k▲
Result to be appropriated
9905€11k€317k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2022net €317k ▲2809%
Net result €317k, the highest in the series.
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-12
Financial
Liquidity times 91current ratio 986.06
Current ratio from 10.78 to 986.06; short-term debt falls from €45k to €459.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-1.20M ▼1070%
Net result drops to €-1.20M, the lowest in the series; recovery starts the following year.
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 165 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2015
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.