DELTA TECHNICS
ActiveSummary
DELTA TECHNICS has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121,438 and a net result of -€11,590. Equity has been shrinking by about 5.7% per year since 2018. Its solvency ranks better than 57% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-10-1991 Normal situation
- Activity
- General electrical installation work NACE 43211and 4 others
- Establishment unit
- 2.130.800.186 2220 Heist-op-den-Berg, since 22-11-1991
- Financial year end
- 31 December
- Peppol
- Reachable since 14-02-2025
Board and ownership
Board
- BEULLENS Willy Maria FransManaging director
- Beullens en CoDirector · since 11-06-2021 · permanent representative Jeannine Pierrette Delphine VAN HOOREBEECK
- Delta CareDirector · since 25-08-2021 · permanent representative Tim Beullens
Shareholders
- Beullens en Co49.67%· score 952025 annual accounts of Beullens en Co
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €90,409
- ▼ 25.2%
- Turnover
- ≈ €330,000
- estimated
- Loss
- €11,590
- ▼ 78.1%
- Equity
- €121,438
- ▼ 8.7%
- Total assets
- €244,793
- ▼ 15.0%
- Employees on 31-12-2025
- 1
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Loss of €11,590, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 1.99, cash €152,848Equity €121,438 (49.6% of total assets)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
75+4
equity 49.6% of total assets
Liquidity
81+13
short-term debt 40.4% · cash 62.4%
Profitability
63+63
return on assets -4.7%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.2 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.1%▼ -0.3 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.99 (1.83 in 2024), above the usual 1.5. Short-term debt is 40.4% and cash 62.4% of total assets. However, 50.4% of the assets are financed with debt and provisions.
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 43, micro). It does better than 54% of them on solvency, 79% on liquidity, 30% on profitability and 25% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
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 -€11,590
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
15 days early
2023
on the day
2022
16 days late
2021
5 days late
2020
1 day early
2019
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 34 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €330,000
Estimated: probably between €220,000 and €500,000
Total assets
€244,793▼ 15.0%
2024 · €288,107
Net result
-€11,590▲ 78.1%
2024 · -€52,885
Working capital
€97,377▼ 2.7%
2024 · €100,048
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€9,719
▲ 80.7%
2025
20182025
Net result
-€11,590
▲ 78.1%
2025
lowest quarter of the sector
20182025
Equity
€121,438
▼ 8.7%
2025
middle half of the sector
20182025
Total assets
€244,793
▼ 15.0%
2025
middle half of the sector
20182025
Debt
€123,355
▼ 20.5%
2025
20182025
Working capital
€97,377
▼ 2.7%
2025
middle half of the sector
20182025
Solvency
49.6%
▲ 3.4pp
2025
middle half of the sector
20182025
Current ratio
1.99
▲ 0.15
2025
middle half of the sector
20182025
Return on assets (ROA)
-4.7%
▲ 13.6pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
1.3
▼ 43.5%
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€6,817-€17,379▲ 155%€14,131▼ 18.7%-€31,965-€1,858▲ 94.2%€26,788-€50,302-€9,719▲ 80.7%
Net result€406-€8,073▲ 20×€11,832within the sector's middle half▲ 46.6%-€34,657below the sector's middle half-€4,134below the sector's middle half▲ 88.1%€25,025within the sector's middle half-€52,885below the sector's middle half-€11,590below the sector's middle half▲ 78.1%
Equity€179,774-€187,847▲ 4.5%€199,679above the sector's middle half▲ 6.3%€165,023above the sector's middle half▼ 17.4%€160,888above the sector's middle half▼ 2.5%€185,913above the sector's middle half▲ 15.6%€133,027within the sector's middle half▼ 28.4%€121,438within the sector's middle half▼ 8.7%
Total assets€364,776-€370,559▲ 1.6%€364,275above the sector's middle half▼ 1.7%€344,780above the sector's middle half▼ 5.4%€340,187above the sector's middle half▼ 1.3%€287,405within the sector's middle half▼ 15.5%€288,107within the sector's middle half▲ 0.2%€244,793within the sector's middle half▼ 15.0%
Debt€185,002-€182,712▼ 1.2%€164,596▼ 9.9%€179,757▲ 9.2%€179,298▼ 0.3%€101,492▼ 43.4%€155,080▲ 52.8%€123,355▼ 20.5%
Working capital€179,277-€205,179▲ 14.4%€195,584above the sector's middle half▼ 4.7%€136,796above the sector's middle half▼ 30.1%€129,552above the sector's middle half▼ 5.3%€156,782above the sector's middle half▲ 21.0%€100,048above the sector's middle half▼ 36.2%€97,377within the sector's middle half▼ 2.7%
Solvency49.3%-50.7%▲ 1.4pp54.8%within the sector's middle half▲ 4.1pp47.9%within the sector's middle half▼ 7.0pp47.3%within the sector's middle half▼ 0.6pp64.7%within the sector's middle half▲ 17.4pp46.2%within the sector's middle half▼ 18.5pp49.6%within the sector's middle half▲ 3.4pp
Current ratio2.49-2.80▲ 0.312.97within the sector's middle half▲ 0.161.99within the sector's middle half▼ 0.981.83within the sector's middle half▼ 0.162.63within the sector's middle half▲ 0.801.83within the sector's middle half▼ 0.801.99within the sector's middle half▲ 0.15
Return on assets (ROA)0.1%-2.2%▲ 2.1pp3.2%within the sector's middle half▲ 1.1pp-10.1%below the sector's middle half▼ 13.3pp-1.2%below the sector's middle half▲ 8.8pp8.7%within the sector's middle half▲ 9.9pp-18.4%below the sector's middle half▼ 27.1pp-4.7%below the sector's middle half▲ 13.6pp
Staff (FTE)2-2=2.7within the sector's middle half▲ 35.0%3.2▲ 18.5%2.3▼ 28.1%2.4▲ 4.3%2.3▼ 4.2%1.3below the sector's middle half▼ 43.5%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €9,719, smaller than the loss of €50,302 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244,793
Fixed assets
€48,568 ▼ 28.8%
Current assets
€196,224 ▼ 10.8%
Equity and liabilities €244,793
Equity
€121,438 ▼ 8.7%
Debt
€123,355 ▼ 20.5%
Debt's share of the balance-sheet total falls from 53.8% to 50.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10,980▲
2024 · -€22,508
Cash flow
€9,110▲
2024 · -€25,091
Quick ratio
1.79▲
2024 · 1.44
Debt to equity
1.02▼
2024 · 1.17
ROE
-9.5%▲
2024 · -39.8%
Interest coverage
6.87▲
2024 · -9.79
Debt ≤ 1 year
€98,847▼
2024 · €119,844
Debt > 1 year
€24,507▼
2024 · €35,236
Income taxes
€450▲
2024 · €428
Staff costs
€74,624▼
2024 · €106,021
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 2 | 3 | 1 | 1 |
| full-time | 3 | 2 | 3 | 1 | 1 |
| part-time | 1 | - | - | - | - |
| in full-time equivalents | 3.5 | 2 | 3 | 1 | 1 |
| Average over the year, in full-time equivalents | 3.2 | 2.3 | 2.4 | 2.3 | 1.3 |
| On a permanent contract | 4 | 2 | 3 | 1 | 1 |
| Joined | 2 | 1 | 1 | 1 | 1 |
| Left | 2 | 3 | 0 | 3 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,097 | €3,986 | €2,520 | €61,284 | €1,053 |
| Intangible fixed assets | €17,646 | €2,071 | - | - | - |
| Depreciation and write-downs of the year | €18,878 | €21,684 | €22,379 | €27,794 | €20,700 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €224 awarded · €224 paidAnnual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €8,451 | - | - | - | €4,790 | - |
| Remuneration, social security and pensions62 | - | - | - | €150,722 | €98,573 | €93,785 | €106,021 | €74,624 | ▼ 29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,095 | €20,795 | €11,683 | €18,878 | €21,684 | €22,379 | €27,794 | €20,700 | ▼ 25.5% |
| Other operating charges640/8 | - | - | - | €7,002 | €2,817 | €2,682 | €37,402 | €4,805 | ▼ 87.2% |
| Non-recurring operating charges66A | - | - | - | - | €1,764 | €110 | - | - | - |
| Gross operating margin9900 | €126,175 | €128,144 | €155,660 | €144,637 | €122,980 | €145,744 | €120,915 | €90,409 | ▼ 25.2% |
| Operating profit (loss)9901 | €6,817 | €17,379 | €14,131 | -€31,965 | -€1,858 | €26,788 | -€50,302 | -€9,719 | ▲ 80.7% |
| Financial income75/76B | - | - | - | €392 | €231 | €152 | €144 | €178 | ▲ 23.4% |
| Recurring financial income75 | €1,228 | €354 | €1,641 | €392 | €231 | €152 | €144 | €178 | ▲ 23.4% |
| Financial charges65/66B | - | - | - | €2,858 | €2,310 | €1,456 | €2,299 | €1,598 | ▼ 30.5% |
| Recurring financial charges65 | €3,983 | €4,107 | €3,520 | €2,858 | €2,310 | €1,456 | €2,299 | €1,598 | ▼ 30.5% |
| Profit (loss) for the period before taxes9903 | €4,061 | €13,626 | €12,251 | -€34,431 | -€3,937 | €25,483 | -€52,457 | -€11,139 | ▲ 78.8% |
| Income taxes67/77 | €3,655 | €5,553 | €419 | €226 | €198 | €459 | €428 | €450 | ▲ 5.2% |
| Profit (loss) for the period9904 | €406 | €8,073 | €11,832 | -€34,657 | -€4,134 | €25,025 | -€52,885 | -€11,590 | ▲ 78.1% |
| Profit (loss) for the period to be appropriated9905 | €406 | €8,073 | €11,832 | -€34,657 | -€4,134 | €25,025 | -€52,885 | -€11,590 | ▲ 78.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €364,776 | €370,559 | €364,275 | €344,780 | €340,187 | €287,405 | €288,107 | €244,793 | ▼ 15.0% |
| Formation expenses20 | €0 | €0 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €65,172 | €51,665 | €69,347 | €70,212 | €54,584 | €34,725 | €68,215 | €48,568 | ▼ 28.8% |
| Intangible fixed assets21 | €0 | €0 | €0 | €13,825 | €9,736 | €3,163 | €411 | - | - |
| Tangible fixed assets22/27 | €65,172 | €51,665 | €69,347 | €56,386 | €44,849 | €31,562 | €67,804 | €48,568 | ▼ 28.4% |
| Land and buildings22 | - | - | - | €32,052 | €25,087 | €18,121 | €11,156 | €7,397 | ▼ 33.7% |
| Plant, machinery and equipment23 | - | - | - | €2,355 | €2,957 | €1,985 | €1,013 | €509 | ▼ 49.8% |
| Furniture and vehicles24 | - | - | - | €18,696 | €13,364 | €9,593 | €54,532 | €40,249 | ▼ 26.2% |
| Other tangible fixed assets26 | - | - | - | €3,283 | €3,442 | €1,862 | €1,102 | €414 | ▼ 62.5% |
| Financial fixed assets28 | €0 | €0 | €0 | - | - | - | - | - | - |
| Current assets29/58 | €299,604 | €318,894 | €294,928 | €274,569 | €285,602 | €252,679 | €219,892 | €196,224 | ▼ 10.8% |
| Stocks and contracts in progress3 | €22,575 | €24,337 | €30,138 | €42,578 | €25,596 | €33,062 | €47,145 | €19,132 | ▼ 59.4% |
| Stocks30/36 | - | - | - | €42,578 | €25,596 | €33,062 | €47,145 | €19,132 | ▼ 59.4% |
| Amounts receivable within one year40/41 | €199,889 | €280,261 | €159,565 | €148,600 | €207,809 | €81,019 | €79,264 | €20,714 | ▼ 73.9% |
| Trade receivables40 | - | - | - | €128,237 | €197,307 | €66,407 | €73,494 | €19,948 | ▼ 72.9% |
| Other amounts receivable41 | - | - | - | €20,364 | €10,502 | €14,612 | €5,771 | €766 | ▼ 86.7% |
| Current investments50/53 | €0 | €0 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €76,779 | €12,501 | €103,038 | €82,114 | €44,721 | €132,514 | €87,744 | €152,848 | ▲ 74.2% |
| Deferred charges and accrued income490/1 | - | - | - | €1,277 | €7,476 | €6,084 | €5,739 | €3,530 | ▼ 38.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €364,776 | €370,559 | €364,275 | €344,780 | €340,187 | €287,405 | €288,107 | €244,793 | ▼ 15.0% |
| Equity10/15 | €179,774 | €187,847 | €199,679 | €165,023 | €160,888 | €185,913 | €133,027 | €121,438 | ▼ 8.7% |
| Contributions10/11 | €164,000 | €164,000 | €164,000 | €164,000 | €164,000 | €164,000 | €164,000 | €164,000 | = |
| Capital10 | - | - | - | €164,000 | €164,000 | €164,000 | €164,000 | €164,000 | = |
| Issued capital100 | - | - | - | €164,000 | €164,000 | €164,000 | €164,000 | €164,000 | = |
| Reserves13 | €23,691 | €23,847 | €35,679 | €16,400 | €16,400 | €21,913 | €21,913 | €16,400 | ▼ 25.2% |
| Non-distributable reserves130/1 | - | - | - | €16,400 | €16,400 | €16,400 | €16,400 | €16,400 | = |
| Legal reserve130 | - | - | - | €16,400 | €16,400 | €16,400 | €16,400 | €16,400 | = |
| Distributable reserves133 | - | - | - | - | - | €5,513 | €5,513 | - | - |
| Profit (loss) carried forward14 | -€7,917 | €0 | €0 | -€15,377 | -€19,512 | - | -€52,885 | -€58,962 | ▼ 11.5% |
| Amounts payable17/49 | €185,002 | €182,712 | €164,596 | €179,757 | €179,298 | €101,492 | €155,080 | €123,355 | ▼ 20.5% |
| Amounts payable after more than one year17 | €64,675 | €68,997 | €65,252 | €41,985 | €23,249 | €5,594 | €35,236 | €24,507 | ▼ 30.4% |
| Financial debts170/4 | - | - | - | €41,985 | €23,249 | €5,594 | €35,236 | €24,507 | ▼ 30.4% |
| Amounts payable within one year42/48 | €120,327 | €113,715 | €99,344 | €137,772 | €156,050 | €95,898 | €119,844 | €98,847 | ▼ 17.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €23,267 | €18,736 | €17,654 | €15,971 | €10,728 | ▼ 32.8% |
| Trade debts44 | €94,912 | €52,675 | €48,850 | €89,216 | €100,497 | €50,021 | €86,516 | €68,359 | ▼ 21.0% |
| Suppliers440/4 | - | - | - | €89,216 | €100,497 | €50,021 | €86,516 | €68,359 | ▼ 21.0% |
| Taxes, remuneration and social security45 | - | - | - | €13,184 | €17,300 | €8,941 | €4,292 | €10,334 | ▲ 141% |
| Taxes450/3 | - | - | - | €1,455 | €4,338 | €1,575 | €2,417 | €2,930 | ▲ 21.3% |
| Remuneration and social security454/9 | - | - | - | €11,728 | €12,961 | €7,367 | €1,875 | €7,404 | ▲ 295% |
| Other amounts payable47/48 | - | - | - | €12,106 | €19,517 | €19,281 | €13,065 | €9,426 | ▼ 27.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €406 | €8,073 | €11,832 | -€34,657 | -€4,134 | €25,025 | -€52,885 | -€11,590 | ▲ 78.1% |
| + Depreciation and write-downs630 | €20,095 | €20,795 | €11,683 | €18,878 | €21,684 | €22,379 | €27,794 | €20,700 | ▼ 25.5% |
| Operating cash flow (approximation) | €20,501 | €28,868 | €23,516 | -€15,779 | €17,549 | €47,404 | -€25,091 | €9,110 | - |
| Investment in fixed assets (approximation) | - | -€7,288 | -€29,365 | -€19,743 | -€6,057 | -€2,520 | -€61,284 | -€1,053 | ▲ 98.3% |
| Change in cash | - | -€64,277 | €90,537 | -€20,925 | -€37,392 | €87,793 | -€44,770 | €65,105 | - |
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, 12,322 companies had the same profile as DELTA TECHNICS has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
90.3%
was still going
8.6%
stopped otherwise
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DELTA TECHNICS 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 12,322 companies, not a prediction for DELTA TECHNICS. 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 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 07-07-2026 | 2026-00270195 | |
| 31-12-2024 | micro format | 16-07-2025 | 2025-00276317 | |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00313649 | |
| 31-12-2022 | micro format | 16-08-2023 | 2023-00330326 | |
| 31-12-2021 | micro format | 05-08-2022 | 2022-20272196 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-44600506 | |
| 31-12-2019 | micro format | 16-07-2020 | 2020-30600313 | |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40100301 | |
| 31-12-2017 | micro format | 11-07-2018 | 2018-32300011 | |
| 31-12-2016 | micro format | 05-07-2017 | 2017-27700455 |
Board & ownership
Directors
Directors
3 directors, 1 in day-to-day management, last change in 2024
Board 3
Beullens en Co
Current
Director (not named in the articles) · since 11-06-2021 · Private limited company · permanent representative: Jeannine Pierrette Delphine VAN HOOREBEECK · listed in the 2025 annual accounts, filed on 07-07-2026
BEULLENS Willy Maria Frans
Current
Director (not named in the articles) · since 11-06-2021 · earlier director, until 25-01-2024 · listed in the 2025 annual accounts, filed on 07-07-2026
Delta Care
Current
Director (not named in the articles) · since 25-08-2021 · earlier director, until 25-01-2024 · Private limited company · permanent representative: Tim Beullens · listed in the 2025 annual accounts, filed on 07-07-2026
Day-to-day management 1
BEULLENS Willy Maria Frans
Current
Afgevaardigd bestuurder en gedelegeerd bestuurder · appointed in the act of 25-01-2024
Permanent representatives 2
Jeannine Pierrette Delphine VAN HOOREBEECK
Current
Permanent representative · in office according to the act of 25-01-2024 · for Beullens en Co
Tim Beullens
Current
Permanent representative · in office according to the act of 25-01-2024 · for Delta Care
Signing authorityThe articles say who may bind the company, for example by signing a contract.
A managing director alone
deed of 25-01-2024Owners and capital
Shareholders
1 ownerOwners 1
- Equity €168,153 Loss of €580 in 2025 (profit of €1,439 in 2024) Checked score 9549.67%
Capital transactions
Capital over time
- 25-01-2024 Capital stated in the deed · €164,000 · 300 shares
Mandate history
4 people, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Beullens en Co |
|
| BEULLENS Willy Maria Frans |
|
| Delta Care |
|
| Jeannine Pierrette Delphine VAN HOOREBEECK |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “6 jaar, 3”
Articles of association, deed of 25-01-2024 (in Dutch)
Network & group
Connections & network
3 current directorsThe network starts from the directors of DELTA TECHNICS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
07-07
abbreviated format · 24 days before the deadline
2025
16-07
micro format · 15 days before the deadline
2024
31-12
Financial
Weakest financial yearnet -€52,885
The net result drops to -€52,885, the lowest from 2018 to 2025. It recovers the following year.
31-07
micro format · on the deadline day
25-01
Gazette deed
1 director appointed, 3 directors resigning, 3 reappointedChange of role: BEULLENS Willy Maria Frans, from director to afgevaardigd bestuurder en gedelegeerd bestuurder · Resignations: Jeannine Pierrette Delphine VAN HOOREBEECK (director) and Delta Care (director) · Reappointments: BEULLENS Willy Maria Frans, Beullens Willy en Co and Delta Care17 points ▸
Gazette deed
1 director appointed, 3 directors resigning, 3 reappointed
Change of role: BEULLENS Willy Maria Frans, from director to afgevaardigd bestuurder en gedelegeerd bestuurder · Resignations: Jeannine Pierrette Delphine VAN HOOREBEECK (director) and Delta Care (director) · Reappointments: BEULLENS Willy Maria Frans, Beullens Willy en Co and Delta Care17 points ▸
- Amendment of the articles, mentioned 2 times in the deed
- Purpose change
- Capital, €164,000
- Power of attorney, Stéphanie Westerlinck
- Director resignation, BEULLENS Willy Maria Frans (director)
- Director reappointment, BEULLENS Willy Maria Frans (director (not named in the articles))
- Director resignation, Jeannine Pierrette Delphine VAN HOOREBEECK (director)
- Director reappointment, Beullens Willy en Co (director (not named in the articles))
- Permanent representative, Jeannine Pierrette Delphine VAN HOOREBEECK
- Director resignation, Delta Care (director)
- Director reappointment, Delta Care (director (not named in the articles))
- Permanent representative, Tim Beullens
- The act holds 5 more points.
2023
31-12
Financial
Back to profitnet €25,025
The net result is €25,025, after 2 loss-making years.
16-08
micro format · 16 days late
2022
05-08
micro format · 5 days late
2021
30-07
micro format · 1 day before the deadline
2020
16-07
micro format · 15 days before the deadline
2019
29-07
micro format · 2 days before the deadline
2018
11-07
micro format · 20 days before the deadline
2017
05-07
micro format · 26 days before the deadline
1991
19-11
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DELTA TECHNICS in Dutch
Enterprise number
0445.556.830
Legal form
Public limited company
Status
Active, normale toestand
Founded
24-10-1991
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 25-01-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Delta Technics
deed of 25-01-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 25-01-2024 (in Dutch)Registered office and establishments
Registered office
Industriepark B24, 2220 Heist-op-den-Berg, Belgium
Establishment unit
Industriepark B 24, 2220 Heist-op-den-Berg since 22-11-1991 · unit number 2.130.800.186
Activities
NACEBEL 2025VAT activities
43211
General electrical installation work main activity
43221
Plumbing work
46500
Wholesale of information and communication equipment
47400
Retail sale of information and communication equipment
80090
Investigation and security activities
Social security (RSZ) activities
43211
General electrical installation work main activity
Codes under NACEBEL 2008
VAT activities
43211
Specialised construction activities main activity
43221
Plumbing
46510
Wholesale trade
47410
Retail trade
80200
Investigation and security activities
Social security (RSZ) activities
43211
Specialised construction activities main activity
Codes under NACEBEL 2003
VAT activities
45310
main activity
Social security (RSZ) activities
45310
main activity
Invoicing and payment
VAT number
BE 0445.556.830
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 0445.556.830
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June
deed of 25-01-2024 (in Dutch)Recognitions · licences · registrations
Recognised contractor
1 categoryDELTA TECHNICS NVapproval number 46270
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 2, up to €330,000
Licences in the Official Gazette
1 publicationSecurity firm approval (camera systems)
Sites & property
Location