DELTA-SOL
ActiveSummary
DELTA-SOL has been active since 2006 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €306,256 and a net result of €69,328. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 53% of 11508 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+34
Solvency71▲+2
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.44 in 2024; short-term debt: 34.1% of total assets), and 54% of the assets are financed with debt.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
46%
Return on assets
10.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €306,256
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
7 d late
2023
28 d late
2022
26 d late
2021
60 d late
2020
177 d late
2019
56 d late
← 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 55 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
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 29 August (4 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
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Financials · fiscal year 2025, micro schema
Equity
€306,256▲ 6.7%
2024 · €286,928
Total assets
€666,439▲ 1.2%
2024 · €658,842
Net result
€69,328▲ 701%
2024 · €8,650
Working capital
-€120,441▼ 15.1%
2024 · -€104,640
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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-€5,041€770€76,600▲ 9,848%€25,282▼ 67.0%€85,659▲ 239%
Net result-€19,551below the sector's middle half-€13,357below the sector's middle half▲ 31.7%€59,856above the sector's middle half€8,650within the sector's middle half▼ 85.5%€69,328above the sector's middle half▲ 701%
Equity€271,779above the sector's middle half▼ 6.7%€258,422above the sector's middle half▼ 4.9%€278,278above the sector's middle half▲ 7.7%€286,928above the sector's middle half▲ 3.1%€306,256above the sector's middle half▲ 6.7%
Total assets€753,621above the sector's middle half▼ 2.4%€763,722above the sector's middle half▲ 1.3%€740,375above the sector's middle half▼ 3.1%€658,842above the sector's middle half▼ 11.0%€666,439above the sector's middle half▲ 1.2%
Debt€407,514▲ 1.0%€434,023▲ 6.5%€393,870▼ 9.3%€306,738▼ 22.1%€298,057▼ 2.8%
Working capital-€49,360below the sector's middle half▼ 284%-€79,427below the sector's middle half▼ 60.9%-€89,903below the sector's middle half▼ 13.2%-€104,640below the sector's middle half▼ 16.4%-€120,441below the sector's middle half▼ 15.1%
Solvency36.1%within the sector's middle half▼ 1.7pp33.8%within the sector's middle half▼ 2.2pp37.6%within the sector's middle half▲ 3.7pp43.6%within the sector's middle half▲ 6.0pp46.0%within the sector's middle half▲ 2.4pp
Current ratio0.72below the sector's middle half▼ 0.190.66below the sector's middle half▼ 0.060.61below the sector's middle half▼ 0.050.44below the sector's middle half▼ 0.180.47below the sector's middle half▲ 0.03
Return on assets (ROA)-2.6%below the sector's middle half▼ 4.3pp-1.7%within the sector's middle half▲ 0.8pp8.1%within the sector's middle half▲ 9.8pp1.3%within the sector's middle half▼ 6.8pp10.4%within the sector's middle half▲ 9.1pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 239% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €666,439
Fixed assets
€559,402 ▼ 3.0%
Current assets
€107,037 ▲ 30.7%
Equity and liabilities €666,439
Equity
€306,256 ▲ 6.7%
Provisions
€62,126 ▼ 4.7%
Debt
€298,057 ▼ 2.8%
Debt's share of the balance-sheet total falls from 46.6% to 44.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€106,429▲
2024 · €45,634
Cash flow
€90,098▲
2024 · €29,002
Quick ratio
0.45▲
2024 · 0.41
Debt to equity
0.97▼
2024 · 1.07
ROE
22.6%▲
2024 · 3.0%
Interest coverage
8.51▲
2024 · 3.36
Debt ≤ 1 year
€227,478▲
2024 · €186,529
Debt > 1 year
€70,579▼
2024 · €120,209
Income taxes
€7,003▲
2024 · €6,096
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 17,811 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 | - | €2,950 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,464 | €19,058 | €20,294 | €20,352 | €20,770 | ▲ 2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €964 | - | - | - | - |
| Other operating charges640/8 | €9,674 | €9,516 | €8,617 | €10,395 | €9,512 | ▼ 8.5% |
| Gross operating margin9900 | €25,096 | €30,308 | €105,511 | €56,029 | €115,941 | ▲ 107% |
| Operating profit (loss)9901 | -€5,041 | €770 | €76,600 | €25,282 | €85,659 | ▲ 239% |
| Financial income75/76B | €1,093 | - | €70 | €12 | €125 | ▲ 942% |
| Recurring financial income75 | €1,093 | - | €70 | €12 | €125 | ▲ 942% |
| Financial charges65/66B | €18,496 | €17,002 | €17,629 | €13,598 | €12,503 | ▼ 8.1% |
| Recurring financial charges65 | €18,496 | €17,002 | €17,629 | €13,598 | €12,503 | ▼ 8.1% |
| Profit (loss) for the period before taxes9903 | -€22,445 | -€16,232 | €59,041 | €11,696 | €73,281 | ▲ 527% |
| Transfer from deferred taxes780 | €3,050 | €3,050 | €3,050 | €3,050 | €3,050 | = |
| Income taxes67/77 | €157 | €175 | €2,235 | €6,096 | €7,003 | ▲ 14.9% |
| Profit (loss) for the period9904 | -€19,551 | -€13,357 | €59,856 | €8,650 | €69,328 | ▲ 701% |
| Transfer from tax-exempt reserves789 | €5,924 | €5,924 | €5,924 | €5,924 | €5,924 | = |
| Profit (loss) for the period to be appropriated9905 | -€13,627 | -€7,433 | €65,780 | €14,574 | €75,252 | ▲ 416% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €753,621 | €763,722 | €740,375 | €658,842 | €666,439 | ▲ 1.2% |
| Fixed assets21/28 | €625,466 | €608,507 | €597,305 | €576,953 | €559,402 | ▼ 3.0% |
| Tangible fixed assets22/27 | €624,966 | €608,007 | €596,805 | €576,453 | €558,902 | ▼ 3.0% |
| Land and buildings22 | €619,916 | €602,410 | €584,902 | €567,396 | €549,889 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €2,006 | €1,586 | €1,166 | €746 | ▼ 36.0% |
| Furniture and vehicles24 | €506 | €281 | €7,558 | €5,684 | €6,612 | ▲ 16.3% |
| Other tangible fixed assets26 | €4,543 | €3,310 | €2,759 | €2,207 | €1,655 | ▼ 25.0% |
| Financial fixed assets28 | €500 | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €128,155 | €155,215 | €143,070 | €81,889 | €107,037 | ▲ 30.7% |
| Stocks and contracts in progress3 | €9,996 | €36,969 | €7,241 | €5,495 | €4,899 | ▼ 10.8% |
| Stocks30/36 | €9,996 | €36,969 | €7,241 | €5,495 | €4,899 | ▼ 10.8% |
| Amounts receivable within one year40/41 | €101,819 | €118,246 | €135,829 | €75,910 | €102,138 | ▲ 34.6% |
| Trade receivables40 | €30,901 | €38,233 | €63,774 | €14,458 | €41,747 | ▲ 189% |
| Other amounts receivable41 | €70,918 | €80,013 | €72,055 | €61,452 | €60,391 | ▼ 1.7% |
| Cash at bank and in hand54/58 | €11,245 | - | - | €484 | - | - |
| Deferred charges and accrued income490/1 | €5,095 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €753,621 | €763,722 | €740,375 | €658,842 | €666,439 | ▲ 1.2% |
| Equity10/15 | €271,779 | €258,422 | €278,278 | €286,928 | €306,256 | ▲ 6.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €196,069 | €190,145 | €184,221 | €178,297 | €172,373 | ▼ 3.3% |
| 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 | €144,347 | €138,423 | €132,499 | €126,575 | €120,651 | ▼ 4.7% |
| Distributable reserves133 | €49,862 | €49,862 | €49,862 | €49,862 | €49,862 | = |
| Profit (loss) carried forward14 | €57,110 | €49,677 | €75,457 | €90,031 | €115,283 | ▲ 28.0% |
| Provisions and deferred taxes16 | €74,328 | €71,277 | €68,227 | €65,176 | €62,126 | ▼ 4.7% |
| Deferred taxes168 | €74,328 | €71,277 | €68,227 | €65,176 | €62,126 | ▼ 4.7% |
| Amounts payable17/49 | €407,514 | €434,023 | €393,870 | €306,738 | €298,057 | ▼ 2.8% |
| Amounts payable after more than one year17 | €228,977 | €199,381 | €160,897 | €120,209 | €70,579 | ▼ 41.3% |
| Financial debts170/4 | €223,677 | €187,181 | €148,697 | €108,009 | €65,279 | ▼ 39.6% |
| Other amounts payable178/9 | €5,300 | €12,200 | €12,200 | €12,200 | €5,300 | ▼ 56.6% |
| Amounts payable within one year42/48 | €177,515 | €234,642 | €232,973 | €186,529 | €227,478 | ▲ 22.0% |
| Current portion of amounts payable after more than one year42 | €34,618 | €36,496 | €38,485 | €40,687 | €42,826 | ▲ 5.3% |
| Financial debts43 | - | €19,846 | €26,898 | €12,877 | €14,098 | ▲ 9.5% |
| Credit institutions430/8 | - | €19,846 | €26,898 | €12,877 | €14,098 | ▲ 9.5% |
| Trade debts44 | €133,062 | €154,518 | €89,053 | €85,717 | €55,242 | ▼ 35.6% |
| Suppliers440/4 | €133,062 | €154,518 | €89,053 | €85,717 | €55,242 | ▼ 35.6% |
| Advances received on contracts in progress46 | - | - | €14,980 | - | €3,500 | - |
| Taxes, remuneration and social security45 | €5,223 | €750 | €3,502 | €6,696 | €21,812 | ▲ 226% |
| Taxes450/3 | €5,223 | €750 | €3,502 | €6,696 | €21,812 | ▲ 226% |
| Other amounts payable47/48 | €4,611 | €23,032 | €60,055 | €40,552 | €90,000 | ▲ 122% |
| Accrued charges and deferred income492/3 | €1,022 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,551 | -€13,357 | €59,856 | €8,650 | €69,328 | ▲ 701% |
| + Depreciation and write-downs630 | €20,464 | €19,058 | €20,294 | €20,352 | €20,770 | ▲ 2.1% |
| Operating cash flow (approximation) | €913 | €5,701 | €80,150 | €29,002 | €90,098 | ▲ 211% |
| Investment in fixed assets (approximation) | - | -€2,099 | -€9,092 | €0 | -€3,219 | - |
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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2018net €69,328 ▲701%
Operating result €85,659, net result €69,328, both a record.
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
08-03
KBO administration
Address struck
Roosveld 1040 3400 L’adresse du siège Roosveld 1040 3400 Lan- Die Sitzadresse Roosveld 1040 3400 Landen
Landen is doorgehaald met ingang van den · event 01-06-2023
2023
31-12
Financial
Back to profitnet €59,856
Net result €59,856 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
24-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 177 days late
2021
31-12
Financial
Weakest financial yearnet -€19,551
Net result drops to -€19,551, the lowest in the series; recovery starts the following year.
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Dilbeek · 2 establishment units since 2007
Ground area
2.0 ha
Building footprint
3,899 m²
Volume, LiDAR
22,344 m³
2 parcels, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
DELTA SOL BVBA
since 20072.158.247.624
Bodegemstraat 253, 1700 Dilbeek
since 20232.349.891.811
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24059A0451/00F000indicative | Flanders | 2.0 ha | 1 · 3,347 m² | 14.9 m · 2 fl. |
| 23074B0078/00M000 | Flanders | 483 m² | 1 · 552 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 472 companies in sector 46442 we hold annual accounts for 336. 247 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)
Founded18-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46442Wholesale trade
47783Retail trade
Contact
E-mail
info@deltasol.be
Website
www.deltasol-shop.beDilbeek
Website
www.deltasol.euDilbeek
Phone
+3225691243Dilbeek
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885747976
Registered
20-11-2020
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.