Delta Project Development
ActiveSummary
Delta Project Development has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189,991 and a net result of €9,649. Equity has been growing by about 8% per year since 2019. Its solvency ranks better than 67% of 39,293 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-11-2011 Normal situation
- Activity
- Business and other management consultancy NACE 70200and 3 others
- Establishment unit
- 2.205.188.793 8791 Waregem, since 03-11-2011
- Financial year end
- 31 March
- Peppol
- Reachable since 23-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €38,022
- ▲ 3.7%
- Turnover
- ≈ €110,000
- estimated
- Profit
- €9,649
- ▲ 3.2%
- Equity
- €189,991
- ▲ 5.4%
- Total assets
- €267,563
- ▼ 3.5%
- 2026 accounts not filed, 5 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 7.17, cash €50,248Size: total assets €267,563Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 67% of them on solvency, 64% on liquidity, 31% on profitability and 51% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 3 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 1 December 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00575942.
Annual accounts 2025 filed on 01-12-2025 PDF all 13 filings
Every figure per financial year
The operating result for 2025 is 9% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €78,029 | €1,285 | - |
| Depreciation and write-downs of the year | €4,483 | €7,631 | €18,052 | €17,516 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,040 | €5,557 | €4,988 | €4,483 | €7,631 | €18,052 | €17,516 | ▼ 3.0% |
| Other operating charges640/8 | - | - | - | €575 | €623 | €747 | €959 | ▲ 28.4% |
| Gross operating margin9900 | €98,868 | €17,134 | €30,802 | €24,723 | €40,876 | €36,662 | €38,022 | ▲ 3.7% |
| Operating profit (loss)9901 | €87,573 | €7,958 | €25,173 | €19,665 | €32,622 | €17,863 | €19,547 | ▲ 9.4% |
| Financial income75/76B | - | - | - | €1,560 | €1,683 | €1,392 | €1,384 | ▼ 0.6% |
| Recurring financial income75 | €1,900 | €1,600 | €1,525 | €1,560 | €1,683 | €1,392 | €1,384 | ▼ 0.6% |
| Financial charges65/66B | - | - | - | €501 | €1,874 | €5,472 | €6,794 | ▲ 24.2% |
| Recurring financial charges65 | €1,208 | €1,744 | €1,178 | €501 | €1,874 | €5,472 | €6,794 | ▲ 24.2% |
| Profit (loss) for the period before taxes9903 | €88,264 | €24,343 | €25,520 | €20,724 | €32,431 | €13,783 | €14,136 | ▲ 2.6% |
| Income taxes67/77 | €19,206 | €23,623 | €8,809 | €6,145 | €6,265 | €4,432 | €4,487 | ▲ 1.2% |
| Profit (loss) for the period9904 | €69,058 | €719 | €16,711 | €14,579 | €26,167 | €9,350 | €9,649 | ▲ 3.2% |
| Profit (loss) for the period to be appropriated9905 | €69,058 | €719 | €16,711 | €14,579 | €26,167 | €9,350 | €9,649 | ▲ 3.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €221,145 | €177,237 | €161,306 | €156,427 | €327,083 | €277,213 | €267,563 | ▼ 3.5% |
| Fixed assets21/28 | €18,168 | €16,685 | €12,525 | €8,042 | €78,440 | €61,673 | €44,157 | ▼ 28.4% |
| Tangible fixed assets22/27 | €18,168 | €16,685 | €12,525 | €8,042 | €78,440 | €61,673 | €44,157 | ▼ 28.4% |
| Land and buildings22 | - | - | - | €6,568 | €5,258 | €3,948 | €2,637 | ▼ 33.2% |
| Plant, machinery and equipment23 | - | - | - | €104 | €60,249 | €48,536 | €35,390 | ▼ 27.1% |
| Furniture and vehicles24 | - | - | - | €1,370 | €12,933 | €9,189 | €6,130 | ▼ 33.3% |
| Current assets29/58 | €202,977 | €160,552 | €148,781 | €148,385 | €248,643 | €215,540 | €223,406 | ▲ 3.6% |
| Amounts receivable after more than one year29 | - | - | - | €70,000 | €70,000 | €65,000 | €65,000 | = |
| Trade receivables290 | - | - | - | €70,000 | €70,000 | - | - | - |
| Other amounts receivable291 | - | - | - | - | - | €65,000 | €65,000 | = |
| Stocks and contracts in progress3 | €406 | €406 | €406 | €406 | €406 | €406 | €59,566 | ▲ 147× |
| Stocks30/36 | - | - | - | €406 | €406 | €406 | €59,566 | ▲ 147× |
| Amounts receivable within one year40/41 | €64,208 | €64,639 | €45,720 | €49,166 | €58,760 | €50,846 | €48,592 | ▼ 4.4% |
| Trade receivables40 | - | - | - | €43,704 | €35,234 | €48,804 | €44,946 | ▼ 7.9% |
| Other amounts receivable41 | - | - | - | €5,462 | €23,526 | €2,042 | €3,646 | ▲ 78.6% |
| Current investments50/53 | - | - | - | - | €68,990 | €66,524 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €41,462 | €6,507 | €27,655 | €28,813 | €50,487 | €32,764 | €50,248 | ▲ 53.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €221,145 | €177,237 | €161,306 | €156,427 | €327,083 | €277,213 | €267,563 | ▼ 3.5% |
| Equity10/15 | €119,709 | €120,428 | €137,139 | €151,718 | €177,884 | €180,342 | €189,991 | ▲ 5.4% |
| Contributions10/11 | €20,000 | - | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €99,709 | €100,428 | €117,139 | €131,718 | €157,884 | €160,342 | €169,991 | ▲ 6.0% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €0 | - | - |
| Distributable reserves133 | - | - | - | €129,718 | €155,884 | €160,342 | €169,991 | ▲ 6.0% |
| Profit (loss) carried forward14 | - | - | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €101,437 | €56,809 | €24,167 | €4,709 | €149,199 | €96,871 | €77,572 | ▼ 19.9% |
| Amounts payable after more than one year17 | €36,200 | €13,439 | - | - | €93,639 | €70,609 | €46,421 | ▼ 34.3% |
| Financial debts170/4 | - | - | - | - | €93,639 | €70,609 | €46,421 | ▼ 34.3% |
| Amounts payable within one year42/48 | €65,237 | €43,370 | €23,867 | €4,709 | €55,560 | €26,262 | €31,151 | ▲ 18.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €21,926 | €23,030 | €24,189 | ▲ 5.0% |
| Trade debts44 | €19,094 | €13,328 | €2,367 | €297 | €31,966 | €1,088 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €297 | €31,966 | €1,088 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €4,412 | €1,669 | €1,746 | €6,071 | ▲ 248% |
| Taxes450/3 | - | - | - | €3,412 | €1,669 | €1,746 | €6,071 | ▲ 248% |
| Remuneration and social security454/9 | - | - | - | €1,000 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €399 | €892 | ▲ 124% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €69,058 | €719 | €16,711 | €14,579 | €26,167 | €9,350 | €9,649 | ▲ 3.2% |
| + Depreciation and write-downs630 | €10,040 | €5,557 | €4,988 | €4,483 | €7,631 | €18,052 | €17,516 | ▼ 3.0% |
| Operating cash flow (approximation) | €79,098 | €6,276 | €21,699 | €19,062 | €33,798 | €27,403 | €27,165 | ▼ 0.9% |
| Investment in fixed assets (approximation) | - | -€4,073 | -€829 | €0 | -€78,029 | -€1,285 | €0 | - |
| Change in cash | - | -€34,955 | €21,147 | €1,158 | €21,675 | -€17,724 | €17,484 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as Delta Project Development has now. Two years later, 95.2% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
That fits the bankruptcy probability of Delta Project Development itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for Delta Project Development. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 01-12-2025 | 2025-00575942 | |
| 31-03-2024 | micro format | 29-11-2024 | 2024-00610233 | |
| 31-03-2023 | micro format | 14-11-2023 | 2023-00512592 | |
| 31-03-2022 | micro format | 11-10-2022 | 2022-20464539 | |
| 31-03-2021 | micro format | 05-10-2021 | 2021-70800097 | |
| 31-03-2020 | micro format | 22-10-2020 | 2020-63700358 | |
| 31-03-2019 | micro format | 29-10-2019 | 2019-72100413 | |
| 31-03-2018 | micro format | 28-09-2018 | 2018-66300309 | |
| 31-03-2017 | micro format | 02-10-2017 | 2017-64300528 | |
| 31-03-2016 | abbreviated format | 03-10-2016 | 2016-64400406 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 04-03-2024 Converted to unavailable equity · €22,000
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| DEMAREZ Steven |
|
Network & group
Delta Project Development shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Delta Project Development. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
04-03
Gazette deed
Resignation: DEMAREZ Steven (director)Reappointment: DEMAREZ Steven (director) · “Het verlenen van dienstprestaties van economische aard, zowel in eigen beheer als in deelname met derden…” (deed in Dutch) · Legal-form conversion: to private limited company7 points ▸
- General meeting, 26-02-2024
- Legal-form conversion, to private limited company
- Amendment of the articles, article 10
- Director resignation, DEMAREZ Steven
- Director reappointment, DEMAREZ Steven (director (not named in the articles))
- Director discharge, DEMAREZ Steven
- Registered office clause, Reigerput 11, 8791 Waregem (Beveren-Leie)
- The deed holds 9 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
42 activities
- Het verlenen van dienstprestaties van economische aard, zowel in eigen beheer als in deelname met derden; daartoe behoren techno-consult, assistentie op gebied van management, engineering, consulting en franchising, technisch, commercieel, administratief en financieel beheer en advies, alsook het ter beschikking stellen en huren en verhuren van personeel.
- De realisatie van projecten in de bouwwereld.
- De vennootschap zal hierbij enerzijds kunnen optreden als coördinator en veiligheidscoördinator.
- Dit impliceert onder andere het bestuderen van de dossiers en plans, het opstellen van offertes door contactname met onderaannemers, het onderhandelen met architecten en klanten om tot een contract te komen, de werfplanning opzetten, de volledige coördinatie van de werken, de voorlopige en definitieve oplevering van de werken, de financiële en administratieve opvolging van het dossier en al wat daarmee rechtstreeks of onrechtstreeks verband houdt.
- De vennootschap zal anderzijds kunnen optreden als hoofdaannemer om volledige projecten te realiseren hetzij via onderaanneming ofwel via eigen personeel en middelen.
- Het is dus niet uitgesloten dat de vennootschap personeel van verschillende disciplines in dienst zal nemen ten einde de realisatie te vereenvoudigen.
- Beschrijvende staten opstellen zou ook door de vennootschap gebeuren.
- Het aannemen, doen aannemen of onderaannemen van bouwprojecten in het algemeen.
- Alle roerende en onroerende verhandelingen, omvattende aankoop, verkoop, promotie, beheer, ruiling, het laten bouwen of het bouwen zowel met traditionele bouwmaterialen als met geprefabriceerde bouwelementen, het fabriceren, verhuren onder al haar vormen, onderverhuring, huren, het in waarde stellen en verkavelen, het uitbaten en beheren van alle onroerende goederen en meer in het bijzonder :
- Stabiliteitsstudies van alle onroerende goederen en alle materialen, alsmede het opmaken van wapeningsplannen;
- Slopingswerken en recyclage van gebouwen en algemene grondwerken zoals boringen, peilingen, uitdiepingen, funderingswerken, enz.;
- Het effenen, wegruimen en bouwrijp maken van percelen en slopingswerken in de ruimste zin van het woord;
- Het uitvoeren van grond en riolerings- en wegeniswerken en draineringswerken;
- Het aanleggen en onderhouden van diverse terreinen, speelterreinen en sportvelden;
- Het optrekken van gebouwen; ruwbouwwerken in de ruimste zin van het woord;
- Het uitvoeren van metsel en betonwerken;
- Alle dakwerken;
- De gehele of gedeeltelijke uitvoering van voltooiingswerken of de coördinatie van deze laatste wanneer zij door onderaannemers worden uitgevoerd;
- Het plaatsen van afsluitingen en het uitvoeren van diverse land en tuinbouwwerken;
- Het droogmaken van gebouwen, bouwen van stellingen en reinigen van gevels;
- Het aanleggen van kabels, water, gas en elektriciteitsvoorzieningen en diverse leidingen;
- Het plaatsen van chappes, warmte en geluidsisolering en thermische isoleringen;
- Het plaatsen van ventilatie, verlichting, verwarming met warme lucht, luchtregeling en pijpleidingen;
- Alle schrijnwerk en meubelwerk zowel in hout, PVC, aluminium en alle andere materialen;
- Het waterdicht maken van gebouwen en bedekken van gebouwen met asfalt en teer;
- Het droogmaken van gebouwen anders dan met asfalt en teer;
- De voeg, cementeer-, plafonneer- en stukadoorswerken;
- Het ontmossen van daken;
- Het uitvoeren van elektriciteitswerken en plaatsen van elektronische installaties en aircoinstallaties;
- Het uitvoeren van sanitair en chauffagewerken, lood en zinkwerken;
- Alle bevloeringswerken: het leggen van tegelvloeren en mozaïek, het plaatsen van wand en vloerbekleding, het leggen van parketvloeren;
- Het plaatsen van glas en spiegelwerken;
- Het plaatsen van metaalconstructies, ijzelwerk, metalen luiken en metalen schrijnwerk;
- Het laten aanleggen van en installeren van tuinen;
- De arduin en marmerwerken en restauratiewerken.
- De handel in al zijn vormen (groot- en kleinhandel, aan- en verkoop, en of tussenhandel, import, export) in bouwmaterialen en –elementen en toebehoren.
- In het algemeen de aankoop, verkoop, ruiling, verwezenlijking, waardegeving, creatie, studie, algemene bouwonderneming in coördinatie met onderaannemers, verandering, versiering, inrichting, uitbating, verhuring, beheer, zaakvoering en de verkaveling van alle onroerende goederen alsook de promotie onder welke vorm ook op onroerend vlak.
- De verhuring van alle bouwplaats- en werfmaterieel en materieel voor bijzondere technieken.
- Het ophalen van vuilnis in afvalcontainers op openbare plaatsen, verzamelen, storten en verwerken van afval afkomstig van de landbouw, van industrieel afval en van bouwpuin, het plaatsen en afhalen van containers.
- Het beheer van een eigen onroerend of eigen roerend vermogen en de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen.
- De aan en verkoop, import en export van alle soorten bieren, limonades, wijnen, water, alcoholhoudende en niet-alcoholhoudende dranken en alimentaire producten van alle aard;
- Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0840.798.077
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34006B0381/00H002 | Flanders | 733 m² | 1 · 238 m² | 1.2 m |