DELTHO
ActiveSummary
DELTHO has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€49,125) and a net result of -€45,938. Its solvency ranks better than 8% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 2 accounts on average 32 days before 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)
History
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Financials · fiscal year 2025, abbreviated schema
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.
Peer companies
Historical observationOf the 1,253 companies that looked in July 2024 the way this one looks now, 0.9% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,253 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €38,992 | - |
| Other operating charges640/8 | €474 | €7,180 | ▲ 1,414% |
| Gross operating margin9900 | -€12,658 | €316 | ▲ 102% |
| Operating profit (loss)9901 | -€13,132 | -€45,856 | ▼ 249% |
| Financial charges65/66B | €55 | €81 | ▲ 49.2% |
| Recurring financial charges65 | €55 | €81 | ▲ 49.2% |
| Profit (loss) for the period before taxes9903 | -€13,187 | -€45,938 | ▼ 248% |
| Profit (loss) for the period9904 | -€13,187 | -€45,938 | ▼ 248% |
| Profit (loss) for the period to be appropriated9905 | -€13,187 | -€45,938 | ▼ 248% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €801,837 | €951,324 | ▲ 18.6% |
| Fixed assets21/28 | €779,844 | €948,779 | ▲ 21.7% |
| Intangible fixed assets21 | €86,250 | €81,938 | ▼ 5.0% |
| Tangible fixed assets22/27 | €693,594 | €866,841 | ▲ 25.0% |
| Land and buildings22 | €693,594 | €841,171 | ▲ 21.3% |
| Furniture and vehicles24 | - | €25,670 | - |
| Current assets29/58 | €21,994 | €2,546 | ▼ 88.4% |
| Cash at bank and in hand54/58 | €21,994 | €2,546 | ▼ 88.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €801,837 | €951,324 | ▲ 18.6% |
| Equity10/15 | -€3,187 | -€49,125 | ▼ 1,441% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€13,187 | -€59,125 | ▼ 348% |
| Amounts payable17/49 | €805,024 | €1.0m | ▲ 24.3% |
| Amounts payable within one year42/48 | €805,024 | €999,024 | ▲ 24.1% |
| Other amounts payable47/48 | €805,024 | €999,024 | ▲ 24.1% |
| Accrued charges and deferred income492/3 | - | €1,425 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€13,187 | -€45,938 | ▼ 248% |
| + Depreciation and write-downs630 | - | €38,992 | - |
| Operating cash flow (approximation) | -€13,187 | -€6,946 | ▲ 47.3% |
| Investment in fixed assets (approximation) | - | -€207,927 | - |
| Change in cash | - | -€19,448 | - |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018A0220/00G000 | Brussels | 3.5 ha | 1 · 813 m² | 19.0 m · 5 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.