Delta i
ActiveSummary
Delta i has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of -€81,319. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 49% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-7
Solvency76▼-16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity tight (current ratio 1.05 against 2.65 in 2024; short-term debt: 24.4% and cash: 8.6% of total assets), and 48.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
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
51.5%
Return on assets
-1.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€81,319
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
10 d late
2023
5 d late
2022
30 d late
2021
4 d early
2020
12 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 10 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€2.4m▼ 3.3%
2024 · €2.5m
Total assets
€4.7m▲ 26.2%
2024 · €3.7m
Net result
-€81,319▲ 1.2%
2024 · -€82,271
Working capital
€59,839▼ 89.8%
2024 · €584,580
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€267,038▼ 25.4%-€108,337-€34,537▲ 68.1%€16,010-€20,052
Net result€178,133above the sector's middle half▼ 26.2%-€137,949below the sector's middle half-€107,533below the sector's middle half▲ 22.0%-€82,271below the sector's middle half▲ 23.5%-€81,319below the sector's middle half▲ 1.2%
Equity€2.8mabove the sector's middle half▲ 6.8%€2.7mabove the sector's middle half▼ 4.9%€2.6mabove the sector's middle half▼ 4.0%€2.5mabove the sector's middle half▼ 3.2%€2.4mabove the sector's middle half▼ 3.3%
Total assets€4.0mabove the sector's middle half▲ 3.0%€4.0mabove the sector's middle half▲ 0.4%€3.7mabove the sector's middle half▼ 6.4%€3.7mabove the sector's middle half▼ 1.2%€4.7mabove the sector's middle half▲ 26.2%
Debt€1.0m▼ 5.6%€1.2m▲ 15.2%€1.0m▼ 12.7%€1.1m▲ 3.6%€2.1m▲ 99.7%
Working capital€1.0mabove the sector's middle half▲ 479%€406,573within the sector's middle half▼ 60.2%€665,947above the sector's middle half▲ 63.8%€584,580above the sector's middle half▼ 12.2%€59,839within the sector's middle half▼ 89.8%
Solvency70.5%within the sector's middle half▲ 2.5pp66.8%within the sector's middle half▼ 3.7pp68.5%within the sector's middle half▲ 1.7pp67.2%within the sector's middle half▼ 1.4pp51.5%within the sector's middle half▼ 15.7pp
Current ratio3.54within the sector's middle half▲ 2.241.86within the sector's middle half▼ 1.683.15within the sector's middle half▲ 1.292.65within the sector's middle half▼ 0.491.05within the sector's middle half▼ 1.60
Return on assets (ROA)4.5%within the sector's middle half▼ 1.8pp-3.4%below the sector's middle half▼ 7.9pp-2.9%below the sector's middle half▲ 0.6pp-2.2%below the sector's middle half▲ 0.6pp-1.7%below the sector's middle half▲ 0.5pp
Staff (FTE)1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €20,052 after €16,010 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.7m
Fixed assets
€3.5m ▲ 25.8%
Current assets
€1.2m ▲ 27.6%
Equity and liabilities €4.7m
Equity
€2.4m ▼ 3.3%
Provisions
€156,487 ▼ 0.6%
Debt
€2.1m ▲ 99.7%
Debt's share of the balance-sheet total rises from 28.6% to 45.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€126,535▼
2024 · €160,602
Cash flow
€65,269▲
2024 · €62,321
Debt to equity
0.88▲
2024 · 0.43
ROE
-3.4%▼
2024 · -3.3%
Interest coverage
3.55▼
2024 · 4.46
Debt ≤ 1 year
€1.1m▲
2024 · €353,929
Debt > 1 year
€971,504▲
2024 · €702,686
Income taxes
€30,169▼
2024 · €78,490
Staff costs
€51,106▼
2024 · €89,901
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €136,521 | €0 | - | - | €18,831 | - |
| Remuneration, social security and pensions62 | €76,228 | €77,905 | €86,816 | €89,901 | €51,106 | ▼ 43.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €122,894 | €142,346 | €153,240 | €144,592 | €146,588 | ▲ 1.4% |
| Other operating charges640/8 | €22,852 | €25,208 | €27,179 | €27,098 | €52,491 | ▲ 93.7% |
| Gross operating margin9900 | €489,012 | €137,122 | €232,698 | €277,600 | €230,132 | ▼ 17.1% |
| Operating profit (loss)9901 | €267,038 | -€108,337 | -€34,537 | €16,010 | -€20,052 | ▼ 225% |
| Financial income75/76B | €3,455 | €3,490 | €7,761 | €15,174 | €3,490 | ▼ 77.0% |
| Recurring financial income75 | €3,455 | €3,490 | €7,761 | €15,174 | €3,490 | ▼ 77.0% |
| Financial charges65/66B | €31,708 | €33,673 | €34,474 | €35,978 | €35,600 | ▼ 1.1% |
| Recurring financial charges65 | €31,708 | €33,673 | €34,474 | €35,978 | €35,600 | ▼ 1.1% |
| Profit (loss) for the period before taxes9903 | €238,786 | -€138,520 | -€61,250 | -€4,793 | -€52,162 | ▼ 988% |
| Transfer from deferred taxes780 | €1,013 | €1,013 | €1,013 | €1,013 | €1,013 | = |
| Income taxes67/77 | €61,665 | €442 | €47,296 | €78,490 | €30,169 | ▼ 61.6% |
| Profit (loss) for the period9904 | €178,133 | -€137,949 | -€107,533 | -€82,271 | -€81,319 | ▲ 1.2% |
| Transfer from tax-exempt reserves789 | €1,966 | €1,966 | €1,966 | €1,966 | €1,966 | = |
| Profit (loss) for the period to be appropriated9905 | €180,099 | -€135,984 | -€105,567 | -€80,305 | -€79,353 | ▲ 1.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.0m | €4.0m | €3.7m | €3.7m | €4.7m | ▲ 26.2% |
| Fixed assets21/28 | €2.6m | €3.1m | €2.8m | €2.8m | €3.5m | ▲ 25.8% |
| Tangible fixed assets22/27 | €2.6m | €3.1m | €2.7m | €2.7m | €3.4m | ▲ 25.7% |
| Land and buildings22 | €2.4m | €2.3m | €2.2m | €2.1m | €2.6m | ▲ 24.2% |
| Plant, machinery and equipment23 | €193,797 | €808,875 | €518,804 | €604,037 | €808,023 | ▲ 33.8% |
| Furniture and vehicles24 | €10,067 | €14,152 | €19,360 | €12,753 | €0 | ▼ 100% |
| Financial fixed assets28 | €7,149 | €13,889 | €33,369 | €21,789 | €28,919 | ▲ 32.7% |
| Current assets29/58 | €1.4m | €878,858 | €976,281 | €938,509 | €1.2m | ▲ 27.6% |
| Amounts receivable within one year40/41 | €580,168 | €396,590 | €442,212 | €517,918 | €795,398 | ▲ 53.6% |
| Trade receivables40 | €229,705 | €46,122 | €91,729 | €168,877 | €448,243 | ▲ 165% |
| Other amounts receivable41 | €350,463 | €350,467 | €350,483 | €349,041 | €347,156 | ▼ 0.5% |
| Current investments50/53 | - | - | €250,000 | €0 | - | - |
| Cash at bank and in hand54/58 | €843,964 | €482,268 | €284,070 | €417,190 | €401,703 | ▼ 3.7% |
| Deferred charges and accrued income490/1 | - | - | - | €3,401 | €350 | ▼ 89.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.0m | €4.0m | €3.7m | €3.7m | €4.7m | ▲ 26.2% |
| Equity10/15 | €2.8m | €2.7m | €2.6m | €2.5m | €2.4m | ▼ 3.3% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €2.8m | €2.7m | €2.5m | €2.5m | €2.4m | ▼ 6.3% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €15,670 | €13,704 | €11,738 | €9,773 | €7,807 | ▼ 20.1% |
| Distributable reserves133 | €2.8m | €2.6m | €2.5m | €2.5m | €2.4m | ▼ 6.3% |
| Profit (loss) carried forward14 | - | - | - | -€80,305 | €0 | ▲ 100% |
| Provisions and deferred taxes16 | €160,537 | €159,525 | €158,512 | €157,499 | €156,487 | ▼ 0.6% |
| Provisions for liabilities and charges160/5 | €152,471 | €152,471 | €152,471 | €152,471 | €152,471 | = |
| Pensions and similar obligations160 | €152,471 | €152,471 | €152,471 | €152,471 | €152,471 | = |
| Deferred taxes168 | €8,066 | €7,053 | €6,041 | €5,028 | €4,016 | ▼ 20.1% |
| Amounts payable17/49 | €1.0m | €1.2m | €1.0m | €1.1m | €2.1m | ▲ 99.7% |
| Amounts payable after more than one year17 | €593,457 | €696,469 | €649,545 | €702,686 | €971,504 | ▲ 38.3% |
| Financial debts170/4 | €593,457 | €696,469 | €649,545 | €702,686 | €971,504 | ▲ 38.3% |
| Amounts payable within one year42/48 | €402,702 | €472,284 | €310,335 | €353,929 | €1.1m | ▲ 221% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €588,645 | - |
| Trade debts44 | €196,434 | €274,616 | €50,951 | €184,363 | €453,426 | ▲ 146% |
| Suppliers440/4 | €196,434 | €274,616 | €50,951 | €184,363 | €453,426 | ▲ 146% |
| Taxes, remuneration and social security45 | €48,476 | €38,113 | €66,968 | €33,692 | €22,955 | ▼ 31.9% |
| Taxes450/3 | €32,201 | €25,346 | €51,121 | €17,755 | €22,955 | ▲ 29.3% |
| Remuneration and social security454/9 | €16,275 | €12,766 | €15,847 | €15,937 | €0 | ▼ 100% |
| Other amounts payable47/48 | €157,792 | €159,556 | €192,415 | €135,874 | €72,587 | ▼ 46.6% |
| Accrued charges and deferred income492/3 | €18,088 | €0 | €60,000 | €208 | €862 | ▲ 315% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €178,133 | -€137,949 | -€107,533 | -€82,271 | -€81,319 | ▲ 1.2% |
| + Depreciation and write-downs630 | €122,894 | €142,346 | €153,240 | €144,592 | €146,588 | ▲ 1.4% |
| Operating cash flow (approximation) | €301,028 | €4,397 | €45,707 | €62,321 | €65,269 | ▲ 4.7% |
| Investment in fixed assets (approximation) | - | -€703,166 | €201,603 | -€136,024 | -€858,470 | ▼ 531% |
| Change in cash | - | -€361,696 | -€198,198 | €133,120 | -€15,487 | ▼ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet -€137,949
Net result drops to -€137,949, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 3.54
Current ratio from 1.30 to 3.54; short-term debt falls from €593,997 to €402,702.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €241,496 ▲93.2%
Operating result €357,767, net result €241,496, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 2 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Aalter · 1 establishment unit since 1994
Ground area
1,340 m²
Building footprint
238 m²
Volume, LiDAR
1,226 m³
Parcel 44502C0483/00F005, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DELTA I
since 19942.067.639.231
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44502C0483/00F005 | Flanders | 1,340 m² | 1 · 238 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- Bentis
- Delta i
Highest known parent: Bentis. The sources do not say who stands above it.
Owners 1
- Bentisparent98.67%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
LA SENSACION
BE 0464.555.467
Dour · Eq €2,404,272
OMEGA RISK
BE 0460.011.810
Keerbergen · Eq €2,403,854
DEPOTTER THIERRY
BE 0430.195.196
Ieper · Eq €2,406,572
FINANCIERE RIBER
BE 0440.813.233
Couvin · Eq €2,406,589
CAYA INVEST
BE 0790.192.781
Ninove · Eq €2,406,736
Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 18,099 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded09-07-1994
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
55203Holiday cottages, homes and apartments
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453057702
Also
9925:BE0453057702
Registered
02-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.