DELTA DIVISION
ActiveDELTA DIVISION has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-69k) and a net result of €55k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 3609 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 0.34 in 2024), and equity is negative.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-25.7%
Return on assets
20.5%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3609 sector peers (2025).
NBB · sector comparisonPosition among 3609 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
61 d late
2022
29 d late
2021
30 d late
2020
30 d late
2019
88 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-69k▲ 44.3%
2024 · €-124k
2018: €2k
2019: €3k
2020: €-14k
2021: €-5k
2022: €-63k
2023: €-128k
2024: €-124k
2018 → 2025
Total assets
€269k▲ 15.9%
2024 · €232k
2018: €49k
2019: €56k
2020: €52k
2021: €50k
2022: €57k
2023: €205k
2024: €232k
2018 → 2025
Net result
€55k▲ 1,386%
2024 · €4k
2018: €-8k
2019: €2k
2020: €-17k
2021: €9k
2022: €-59k
2023: €-64k
2024: €4k
2018 → 2025
Working capital
€-184k▲ 21.2%
2024 · €-234k
2018: €-16k
2019: €-13k
2020: €-30k
2021: €-21k
2022: €-111k
2023: €-183k
2024: €-234k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-63k▼ 1,234%€-128k▼ 102%€-124k▲ 2.9%€-69k▲ 44.3%
Operating result€12k-€-58k€-65k▼ 11.1%€4k€55k▲ 1,332%
Net result€9k-€-59k€-64k▼ 10.1%€4k€55k▲ 1,386%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,332% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269k
Fixed assets
€115k▲ 5.0%
Current assets
€153k▲ 25.7%
Key figures and ratios
EBITDA
€70k▲
2024 · €13k
Cash flow
€70k▲
2024 · €13k
Solvency
-25.7%▲
2024 · -53.5%
Current ratio
0.45▲
2024 · 0.34
Quick ratio
0.30▲
2024 · 0.23
Debt / equity
-4.89▼
2024 · -2.87
ROE
-79.6%▼
2024 · -3.0%
ROA
20.5%▲
2024 · 1.6%
Interest coverage
754.26▲
2024 · 192.27
Debt
€338k▼
2024 · €356k
Debt ≤ 1 year
€338k▼
2024 · €356k
Staff costs
€386k▼
2024 · €442k
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
Assets
Total assets20/58€232k€269k▲
Fixed assets21/28€110k€115k▲
Tangible fixed assets22/27€95k€100k▲
Plant, machinery and equipment23€74k€80k▲
Other tangible fixed assets26€21k€20k▼
Financial fixed assets28€15k€15k=
Current assets29/58€122k€153k▲
Stocks and contracts in progress3€41k€51k▲
Stocks30/36€41k€51k▲
Amounts receivable within one year40/41€3k€19k▲
Trade receivables40-€15k
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€79k€83k▲
Equity and liabilities
Total equity and liabilities10/49€232k€269k▲
Equity10/15€-124k€-69k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-144k€-90k▲
Amounts payable17/49€356k€338k▼
Amounts payable within one year42/48€356k€338k▼
Trade debts44€190k€188k▼
Suppliers440/4€190k€188k▼
Taxes, remuneration and social security45€33k€28k▼
Taxes450/3€7k€7k▼
Remuneration and social security454/9€26k€22k▼
Other amounts payable47/48€133k€121k▼
Income statement
Code20242025
Remuneration, social security and pensions62€442k€386k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€15k▲
Other operating charges640/8€14k€11k▼
Gross operating margin9900€470k€467k▼
Operating profit (loss)9901€4k€55k▲
Financial income75/76B€3€20▲
Recurring financial income75€3€20▲
Financial charges65/66B€69€93▲
Recurring financial charges65€69€93▲
Profit (loss) for the period before taxes9903€4k€55k▲
Income taxes67/77€78-
Profit (loss) for the period9904€4k€55k▲
Profit (loss) for the period to be appropriated9905€4k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-144k€-90k▲
Profit (loss) brought forward from the previous period14P€-148k€-144k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €55k ▲1386%
Operating result €55k, net result €55k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-64k
Net result drops to €-64k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2022
BOUHAJRA Abdelmagid
CurrentDirector · since 24-08-2022
24-08-2022
Appointed as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2010
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.
Abdijstraat 102020 AntwerpenGround area
177 m²
Building footprint
107 m²
Volume, LiDAR
624 m³
Parcel 11809I2442/00R002, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AL MAR.
since 20102.186.647.640
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2442/00R002 | Flanders | 177 m² | 1 · 107 m² | 14.5 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.186.647.640
Similar companies · same sector, comparable size
TRAS
BE 0447.316.785
Heusden-Zolder · Eq €3k
GAUMAS
BE 0418.186.103
Brussel · Eq €3k
EVENTS-FACTORY
BE 0689.804.117
Stavelot · Eq €3k
The Table
BE 0692.968.592
Boortmeerbeek · Eq €3k
SHION
BE 1014.209.531
Anderlecht · Eq €3k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 3,732 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-08-2005
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
47230Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.