DELTA CONSTRUCTIONS
Annual accounts 2025
abbreviated format, filed on 10-07-2026, 21 days before the deadline€3.6m
▼ 6.0%
€856,488
▲ 16.3%
€640,329
▲ 21.3%
€602,831
▲ €683,206
34.1%
▲ 20.3 percentage points
1.38
▲ 0.41
The turnover shown is an estimate from the gross margin.
Turnover ≈ €4.7m. Estimated: probably between €3.7m and €9.8m.
Balance sheet
balance sheet total €3.4m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
34.1%
Higher than 53% of 11,299 companies in 2025.
1.38
Higher than 57% of 10,851 companies in 2025.
19.0%
Higher than 92% of 11,184 companies in 2025.
DELTA CONSTRUCTIONS
Middle half of the sector
80% of the sector
Abbreviated accounts in real estate (NACE 68)
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter · Staff: top quarter
Staff
€61,778
Staff costs divided by the average number of full-time equivalents.
-6 people
people who joined
people who left
In 2025, 4 people joined and 10 left. Training hours in 2025: 1,280.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
3.4m | 3.7m | 3.5m | 3.6m | 3.7m | 3.9m | 7.4m | 1.7m | 1.3m | 818,819 | 1.8m | |
20 |
5,250 | 7,879 | 10,508 | 13,137 | - | - | - | - | - | - | - | |
21/28 |
1.2m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 939,554 | 574,339 | 357,536 | 134,923 | 102,961 | |
21 |
13,235 | 11,446 | 9,090 | - | - | - | - | - | - | - | - | |
22/27 |
1.1m | 1.2m | 1.2m | 1.3m | 1.3m | 1.4m | 926,055 | 563,183 | 345,096 | 130,133 | 98,171 | |
22 |
879,985 | 908,062 | 938,264 | 969,319 | 974,090 | 1.0m | 475,319 | 193,473 | - | - | - | |
23 |
111,975 | 117,734 | 92,150 | 88,982 | 89,267 | 93,342 | 103,082 | 60,312 | 52,525 | 25,494 | 19,960 | |
24 |
94,798 | 92,632 | 42,200 | 59,380 | 71,487 | 34,319 | 52,302 | 81,294 | 70,739 | 28,258 | 26,168 | |
25 |
43,683 | 38,219 | 70,501 | 113,702 | 134,290 | - | - | - | - | - | - | |
26 |
4,249 | 5,741 | 7,855 | 25,787 | 35,288 | 71,192 | 88,786 | 110,061 | 107,612 | 33,199 | 14,933 | |
28 |
38,608 | 38,108 | 38,108 | 13,556 | 13,696 | 14,696 | 13,499 | 11,156 | 12,440 | 4,790 | 4,790 | |
29/58 |
2.2m | 2.5m | 2.3m | 2.3m | 2.4m | 2.5m | 6.4m | 1.1m | 956,705 | 683,896 | 1.7m | |
3 |
81,403 | 112,217 | 139,821 | 167,552 | 169,010 | 98,715 | 5.2m | 35,706 | 11,351 | 287,339 | 1.2m | |
30/36 |
81,403 | 112,217 | 139,821 | 167,552 | 169,010 | 98,715 | 63,019 | 35,706 | 11,351 | - | - | |
37 |
- | - | - | - | - | - | 5.1m | - | - | 287,339 | 1.2m | |
40/41 |
790,717 | 689,720 | 1.1m | 1.2m | 1.7m | 1.5m | 889,071 | 727,996 | 357,658 | 286,677 | 182,096 | |
40 |
474,337 | 664,741 | 1.0m | 1.1m | 1.6m | 1.4m | 796,117 | 687,793 | 330,277 | 198,392 | 167,836 | |
41 |
316,380 | 24,979 | 67,669 | 80,025 | 114,367 | 139,750 | 92,954 | 40,204 | 27,380 | 88,285 | 14,260 | |
50/53 |
600,000 | 500,000 | - | - | - | - | - | - | - | - | - | |
54/58 |
683,121 | 1.2m | 1.0m | 920,417 | 435,870 | 783,708 | 311,680 | 303,621 | 549,964 | 97,703 | 314,654 | |
490/1 |
30,011 | 20,735 | 40,016 | 22,121 | 69,835 | 39,759 | 51,797 | 44,935 | 37,732 | 12,177 | 6,135 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
3.4m | 3.7m | 3.5m | 3.6m | 3.7m | 3.9m | 7.4m | 1.7m | 1.3m | 818,819 | 1.8m | |
10/15 |
1.2m | 515,679 | 343,540 | 227,622 | 175,753 | 410,589 | 382,370 | 269,527 | 155,919 | 114,408 | 77,357 | |
10/11 |
66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | |
100 |
- | - | - | - | - | - | 66,000 | 66,000 | 66,000 | 66,000 | 66,000 | |
13 |
6,600 | 132,900 | 132,900 | 6,600 | 6,600 | 6,600 | 25,350 | 25,350 | 25,350 | 6,600 | 6,600 | |
130/1 |
6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | |
1311 |
6,600 | 6,600 | 6,600 | 6,600 | 6,600 | 6,600 | - | - | - | - | - | |
132 |
- | 126,300 | 126,300 | - | - | - | 18,750 | 18,750 | 18,750 | - | - | |
14 |
990,947 | 224,319 | 46,319 | 44,847 | -9,580 | 221,721 | 288,183 | 174,153 | 61,151 | 32,389 | 4,757 | |
15 |
88,757 | 92,461 | 98,322 | 110,175 | 112,732 | 116,269 | 2,838 | 4,025 | 3,418 | 9,419 | - | |
16 |
247,329 | 180,068 | 176,403 | 145,348 | 129,500 | 72,080 | 51,940 | 49,900 | 58,277 | 30,752 | 4,802 | |
160/5 |
247,329 | 180,068 | 176,403 | 145,348 | 129,500 | 72,080 | 51,940 | 49,900 | 58,277 | 30,752 | 4,802 | |
164/5 |
247,329 | 180,068 | 176,403 | 145,348 | 129,500 | 72,080 | 51,940 | 49,900 | 58,277 | 30,752 | - | |
17/49 |
2.0m | 3.0m | 3.0m | 3.2m | 3.4m | 3.4m | 6.9m | 1.4m | 1.1m | 673,660 | 1.7m | |
17 |
392,871 | 433,017 | 440,496 | 532,133 | 605,989 | 703,607 | 556,436 | 316,199 | 114,745 | 43,535 | 46,382 | |
170/4 |
392,871 | 433,017 | 440,496 | 532,133 | 605,989 | 703,607 | 556,436 | 316,199 | 114,745 | 43,535 | 46,382 | |
42/48 |
1.6m | 2.6m | 2.5m | 2.7m | 2.8m | 2.7m | 6.4m | 1.1m | 985,299 | 630,125 | 1.6m | |
42 |
92,794 | 85,901 | 90,059 | 115,821 | 117,289 | 124,430 | 95,021 | 54,863 | 50,205 | 20,923 | 17,769 | |
43 |
- | - | - | - | - | - | - | - | 315 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | 315 | - | - | |
44 |
574,472 | 865,541 | 782,021 | 1.4m | 1.4m | 1.4m | 731,671 | 460,022 | 516,047 | 153,150 | 86,603 | |
440/4 |
574,472 | 865,541 | 782,021 | 1.4m | 1.4m | 1.4m | 731,671 | 460,022 | 516,047 | 153,150 | 86,603 | |
46 |
622,198 | 987,475 | 1.0m | 759,351 | 947,646 | 797,336 | 5.4m | 345,305 | 181,976 | 365,108 | 1.4m | |
45 |
292,957 | 362,593 | 449,271 | 453,536 | 328,883 | 350,092 | 132,860 | 183,321 | 187,556 | 89,258 | 103,191 | |
450/3 |
166,971 | 200,957 | 223,408 | 252,270 | 159,026 | 119,857 | 2,247 | 40,727 | 83,425 | 24,104 | 81,518 | |
454/9 |
125,987 | 161,636 | 225,864 | 201,266 | 169,857 | 230,234 | 130,613 | 142,594 | 104,132 | 65,154 | 21,673 | |
47/48 |
- | 284,900 | 160,000 | 3,269 | 3,149 | 16,478 | 17,337 | 7,447 | 49,200 | 1,686 | 22,175 | |
492/3 |
2,110 | 10,681 | 29,694 | 9,713 | 3,500 | 847 | 12 | 12 | - | - | - | |
| Income statement | ||||||||||||
76A |
36,733 | 18,422 | 18,621 | 774 | - | 4,672 | 19,162 | - | - | 0 | 2 | |
9900 |
3.6m | 3.8m | 3.5m | 3.5m | 3.4m | 3.0m | 2.7m | 2.1m | 1.4m | 493,887 | 231,264 | |
62 |
2.5m | 3.0m | 2.9m | 3.3m | 3.3m | 2.8m | 2.3m | 1.8m | 1.1m | 367,184 | 162,317 | |
630 |
111,110 | 109,489 | 103,889 | 131,514 | 153,177 | 174,573 | 159,922 | 205,840 | 154,222 | 43,216 | 19,902 | |
631/4 |
17,411 | - | - | -5,532 | -4,812 | -60,908 | 81,723 | 780 | 5,727 | - | - | |
635/8 |
67,261 | 3,665 | 31,055 | 15,848 | 57,420 | 20,140 | 2,040 | -8,377 | 27,525 | 25,950 | 4,802 | |
640/8 |
20,447 | 23,557 | 18,385 | 20,950 | 15,411 | 74,247 | 20,309 | 18,043 | 6,286 | 2,570 | 497 | |
649 |
- | - | - | -13,144 | - | - | - | - | - | - | - | |
66A |
2,618 | 3,644 | 44,329 | - | - | - | - | - | - | 1,351 | 0 | |
9901 |
856,488 | 736,755 | 350,462 | 62,916 | -202,714 | -71,501 | 159,495 | 149,795 | 104,616 | 54,967 | 43,747 | |
75/76B |
46,390 | 21,778 | 32,267 | 19,496 | 9,574 | 13,459 | 9,129 | 11,726 | 15,887 | 2,223 | - | |
75 |
46,390 | 21,778 | 32,267 | 19,496 | 9,574 | 13,459 | 9,129 | 11,726 | 15,887 | 2,222 | - | |
76B |
- | - | - | - | - | - | - | - | - | 0 | - | |
65/66B |
24,480 | 23,288 | 44,156 | 24,606 | 33,737 | 24,579 | 29,363 | 13,690 | 11,731 | 9,582 | 5,077 | |
65 |
22,132 | 23,288 | 23,188 | 24,606 | 33,737 | 24,579 | 29,363 | 13,690 | 11,731 | 8,231 | 5,077 | |
66B |
2,348 | - | 20,967 | - | - | - | - | - | - | 1,351 | - | |
9903 |
878,398 | 735,245 | 338,573 | 57,807 | -226,878 | -82,621 | 139,261 | 147,831 | 108,771 | 47,607 | 38,671 | |
67/77 |
238,069 | 207,245 | 80,801 | 3,380 | 4,423 | 2,591 | 22,796 | 32,430 | 12,059 | 19,975 | 5,740 | |
9904 |
640,329 | 528,000 | 257,772 | 54,426 | -231,300 | -85,212 | 116,466 | 115,402 | 96,712 | 27,632 | 32,932 | |
789 |
126,300 | - | - | - | - | 18,750 | - | - | - | - | - | |
689 |
- | - | 126,300 | - | - | - | - | - | 18,750 | - | - | |
9905 |
766,629 | 528,000 | 131,472 | 54,426 | -231,300 | -66,462 | 116,466 | 115,402 | 77,962 | 27,632 | 32,932 | |
| Appropriation of the result | ||||||||||||
9906 |
990,947 | 574,319 | 176,319 | 44,847 | -9,580 | 221,721 | 290,619 | 176,553 | 110,351 | 32,389 | 32,932 | |
14P |
224,319 | 46,319 | 44,847 | -9,580 | 221,721 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 6,600 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 6,600 | |
694/7 |
- | 350,000 | 130,000 | - | - | - | 2,436 | 2,400 | 49,200 | - | 21,575 | |
694 |
- | 350,000 | 130,000 | - | - | - | 2,436 | 2,400 | - | - | - | |
695 |
- | - | - | - | - | - | - | - | 49,200 | - | 21,575 | |
| Social balance sheet | ||||||||||||
9087 |
40.9 | 47.8 | 51.6 | 62.5 | 65.1 | 58.3 | 47.6 | 37.5 | 25.6 | 9.2 | 4.3 | |
Hours worked1013 |
54,182 | 66,713 | 68,616 | 86,000 | 92,488 | 78,545 | 68,479 | 53,581 | 35,591 | 13,050 | 6,093 | |
| Document | ||||||||||||
The notes to these accounts have 25 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-07-2026 | 2026-00286833 | |
| 31-12-2024 | full format | 25-06-2025 | 2025-00174547 | |
| 31-12-2023 | full format | 10-07-2024 | 2024-00231593 | |
| 31-12-2022 | full format | 31-07-2023 | 2023-00319079 | |
| 31-12-2021 | full format | 29-07-2022 | 2022-20264525 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-59200400 | |
| 31-12-2019 | full format | 30-10-2020 | 2020-66100501 | |
| 31-12-2018 | full format | 25-06-2019 | 2019-22600004 | |
| 31-12-2017 | full format | 31-07-2018 | 2018-41700160 | |
| 31-12-2016 | full format | 04-05-2017 | 2017-11200017 | |
| 31-12-2015 | full format | 29-07-2016 | 2016-40200128 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 967,598 | 846,244 | 454,351 | 194,430 | -49,538 | 103,072 | 319,416 | 355,636 | 258,837 | 98,183 | 63,649 | ||
| 751,439 | 637,489 | 361,661 | 185,940 | -78,124 | 89,361 | 276,387 | 321,242 | 250,934 | 70,848 | 52,834 | ||
| 88,801 | 130,677 | 65,329 | 102,651 | 99,900 | 623,325 | 574,084 | 427,345 | 379,471 | 75,178 | 122,863 | ||
| -500,242 | 160,422 | 102,525 | 484,548 | -347,838 | 472,028 | 8,059 | -246,343 | 452,262 | -216,951 | - | ||
| 602,831 | -80,375 | -218,542 | -369,047 | -403,377 | -201,073 | 51,205 | 61,300 | -28,595 | 53,771 | 25,579 | ||
| 34.1% | 13.8% | 9.8% | 6.3% | 4.7% | 10.6% | 5.2% | 16.0% | 11.9% | 14.0% | 4.4% | ||
| 1.38 | 0.97 | 0.91 | 0.86 | 0.86 | 0.92 | 1.01 | 1.06 | 0.97 | 1.09 | 1.02 | ||
| 1.33 | 0.93 | 0.86 | 0.80 | 0.80 | 0.89 | 0.20 | 1.02 | 0.96 | 0.63 | 0.31 | ||
| 1.72 | 5.88 | 8.70 | 14.22 | 19.36 | 8.22 | 18.10 | 5.07 | 7.06 | 5.89 | 21.71 | ||
| 55.6% | 102.4% | 75.0% | 23.9% | -131.6% | -20.8% | 30.5% | 42.8% | 62.0% | 24.2% | 42.6% | ||
| 19.0% | 14.2% | 7.3% | 1.5% | -6.2% | -2.2% | 1.6% | 6.8% | 7.4% | 3.4% | 1.9% | ||
| 43.72 | 36.34 | 19.59 | 7.90 | -1.47 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 38 | 44 | 52 | 57 | 66 |
| full-time | 36 | 41 | 49 | 56 | 66 |
| part-time | 2 | 3 | 3 | 1 | - |
| in full-time equivalents | 37.6 | 43.4 | 51.4 | 56.8 | 66 |
| 40.9 | 47.8 | 51.6 | 62.5 | 65.1 | |
| On a permanent contract | 37 | 44 | 51 | 54 | 63 |
| Joined | 4 | 18 | 20 | 27 | 24 |
| Left | 10 | 26 | 25 | 36 | 19 |
| Training hours | 1,280 | 1,144 | 3,731 | 5,112 | 5,480 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | - | €518,918 | €530,555 | - | - |
| Debts guaranteed by Belgian public bodies | €485,665 | - | - | - | - |
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | - | - |
| €615,000 | €615,000 | €615,000 | - | - | |
| Carrying value of the mortgaged assets | €879,985 | €908,062 | €938,264 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €79,494 | €123,742 | €25,796 | €102,651 | €99,900 |
| Intangible fixed assets | €8,807 | €6,935 | €12,544 | - | - |
| Financial fixed assets | €500 | - | €26,989 | - | - |
| €111,110 | €109,489 | €103,889 | €131,514 | €153,177 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on DELTA CONSTRUCTIONS
The operating result for 2025 is 16% higher than in 2024 and the highest since 2015. It is the fourth rise in a row, after the fall in 2021.
Debt's share of the balance-sheet total falls from 81.3% to 58.6%. Equity is higher and debt is lower.