Equity
DELTIC has made a profit in every financial year since 2009.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68% of them on solvency, 31% on liquidity, 41% on profitability and 56% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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).
In July 2024, 17,811 companies had the same profile as DELTIC has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of DELTIC itself: 0.1% within 12 months.
The method was tested on the 497,447 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 17,811 companies, not a prediction for DELTIC. 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.
Liquidity is ample, with a current ratio of 4.71 (5.11 in 2024), above the usual 1.5. Short-term debt is 11.3% and cash 0.4% of total assets. 28.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 12 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.
| Company | ||||
|---|---|---|---|---|
| DELTIC Koksijde | €1.1m | €115,051 | 71.7% | 0 |
| LONIE Ypres | €1.2m | €111,636 | 90.5% | 0 |
| DE BLOCK - BLOMME Zedelgem | €1.4m | €109,261 | 82.9% | 0 |
| CARNOTINVEST Merelbeke-Melle | €1.0m | €103,643 | 63.2% | 0 |
| GIMA - INVEST Herentals | €1.1m | €141,236 | 81.3% | 0 |
| RLS CONSULTING Antwerp | €0.9m | €105,121 | 32.8% | 0 |
| CARON CONSULTING Woluwe-Saint-Lambert | €1.0m | €105,878 | 90.1% | 0 |
These companies have the same main activity as DELTIC: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €892,000 and €1.4m, founded between 2006 and 2010.
DELTIC files the abbreviated format. That format states no turnover. The gross margin rose from €17,889 in 2009 to €115,051 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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.
Turnover ≈ €180,000. Estimated: probably between €150,000 and €240,000.
Higher than 68% of 10,856 companies in 2025.
Higher than 78% of 10,478 companies in 2025.
Higher than 52% of 10,725 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.1m | 1.0m | 987,812 | 923,701 | 877,048 | 868,932 | 821,511 | 836,026 | 297,039 | 159,728 | 148,830 | 150,521 | 157,681 | 110,351 | 75,886 | 51,030 | 34,829 | |
21/28 |
510,897 | 519,285 | 527,673 | 536,346 | 552,050 | 567,754 | 581,432 | 596,556 | 58,000 | - | - | - | 571 | 1,142 | 763 | 1,018 | - | |
22/27 |
510,897 | 519,285 | 527,673 | 536,346 | 552,050 | 567,754 | 581,432 | 596,556 | 58,000 | - | - | - | 571 | 1,142 | 763 | 1,018 | - | |
22 |
510,897 | 519,285 | 527,673 | 536,061 | 551,184 | 566,308 | 581,432 | 596,556 | 58,000 | - | - | - | - | - | - | - | - | |
24 |
- | - | - | 286 | 866 | 1,446 | - | - | - | - | - | - | 571 | 1,142 | 763 | 1,018 | - | |
29/58 |
576,321 | 524,614 | 460,139 | 387,355 | 324,998 | 301,178 | 240,080 | 239,470 | 239,039 | 159,728 | 148,830 | 150,521 | 157,110 | 109,209 | 75,123 | 50,012 | 34,829 | |
40/41 |
571,583 | 522,246 | 457,297 | 377,041 | 321,634 | 298,335 | 215,393 | 231,122 | 220,422 | 153,278 | 148,450 | 148,453 | 130,398 | 97,424 | 68,547 | 33,927 | 7,229 | |
40 |
0 | 418,390 | 352,790 | 303,890 | 241,390 | 200,090 | 117,490 | 118,380 | 72,981 | 11,806 | 31,552 | 47,456 | 19,885 | 26,079 | 37,569 | 16,612 | 4,929 | |
41 |
571,583 | 103,856 | 104,507 | 73,151 | 80,244 | 98,245 | 97,903 | 112,742 | 147,441 | 141,472 | 116,898 | 100,997 | 110,513 | 71,345 | 30,978 | 17,315 | 2,300 | |
54/58 |
4,738 | 425 | 1 | 7,727 | 1,624 | 653 | 18,595 | 8,348 | 18,617 | 5,131 | 380 | 2,065 | 16,270 | 10,333 | 6,368 | 16,085 | 27,505 | |
490/1 |
0 | 1,943 | 2,841 | 2,587 | 1,740 | 2,190 | 6,091 | - | - | 1,319 | - | 3 | 10,442 | 1,452 | 208 | - | 95 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.1m | 1.0m | 987,812 | 923,701 | 877,048 | 868,932 | 821,511 | 836,026 | 297,039 | 159,728 | 148,830 | 150,521 | 157,681 | 110,351 | 75,886 | 51,030 | 34,829 | |
10/15 |
779,308 | 715,814 | 631,510 | 547,808 | 467,911 | 389,532 | 310,856 | 231,412 | 193,481 | 137,629 | 120,695 | 115,796 | 109,342 | 93,823 | 72,231 | 49,142 | 31,932 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
760,708 | 697,214 | 612,910 | 529,208 | 449,311 | 370,932 | 292,256 | 212,812 | 174,881 | 119,029 | 102,095 | 97,196 | 90,742 | 75,223 | 53,631 | 30,542 | 13,332 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 666 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
760,708 | 697,214 | 612,910 | 527,348 | 447,451 | 369,072 | 290,396 | 210,952 | 173,021 | 117,169 | 100,235 | 95,336 | 88,882 | 73,363 | 51,771 | 28,682 | 12,666 | |
17/49 |
307,910 | 328,085 | 356,302 | 375,892 | 409,137 | 479,400 | 510,655 | 604,614 | 103,558 | 22,099 | 28,135 | 34,725 | 48,339 | 16,528 | 3,655 | 1,888 | 2,897 | |
17 |
183,636 | 225,186 | 265,803 | 305,508 | 344,323 | 382,268 | 419,361 | 455,621 | - | - | - | - | - | - | - | - | - | |
170/4 |
183,636 | 225,186 | 265,803 | 305,508 | 344,323 | 382,268 | 419,361 | 455,621 | - | - | - | - | - | - | - | - | - | |
42/48 |
122,421 | 102,756 | 90,367 | 65,836 | 63,807 | 94,085 | 89,589 | 146,640 | 101,482 | 22,062 | 28,117 | 34,707 | 48,339 | 16,528 | 3,601 | 1,888 | 1,089 | |
42 |
41,549 | 40,617 | 39,706 | 38,815 | 41,068 | 37,093 | 36,261 | 35,447 | - | - | - | - | - | - | - | - | - | |
43 |
0 | 11,747 | 6,898 | 11,874 | 6,712 | 6,685 | 6,690 | 6,690 | - | - | - | - | - | - | - | - | - | |
430/8 |
0 | 11,747 | 6,898 | 11,874 | 6,712 | 6,685 | 6,690 | 6,690 | - | - | - | - | - | - | - | - | - | |
44 |
3,024 | 3,871 | 4,764 | 3,665 | 7,918 | 2,415 | 1,751 | 1,947 | 1,897 | 2,856 | 1,464 | 1,511 | 15,581 | 2,358 | 855 | - | 355 | |
440/4 |
3,024 | 3,871 | 4,764 | 3,665 | 7,918 | 2,415 | 1,751 | 1,947 | 1,897 | 2,856 | 1,464 | 1,511 | 15,581 | 2,358 | 855 | - | 355 | |
45 |
53,474 | 23,066 | 14,141 | 11,482 | 8,110 | 23,670 | 21,957 | 56,126 | 51,882 | 17,192 | 22,826 | 32,590 | 32,022 | 13,434 | 2,746 | 1,888 | 734 | |
450/3 |
43,125 | 13,421 | 12,178 | 11,482 | 2,165 | 14,702 | 17,990 | 56,126 | 51,798 | 11,300 | 16,035 | 14,110 | 4,650 | 3,171 | 2,746 | 1,888 | 734 | |
454/9 |
10,348 | 9,645 | 1,964 | - | 5,945 | 8,968 | 3,967 | - | 84 | 5,892 | 6,791 | 18,480 | 27,372 | 10,263 | - | - | - | |
47/48 |
24,375 | 23,455 | 24,858 | - | - | 24,223 | 22,930 | 46,430 | 47,703 | 2,014 | 3,827 | 606 | 736 | 736 | - | - | - | |
492/3 |
1,852 | 143 | 132 | 4,548 | 1,006 | 3,047 | 1,705 | 2,353 | 2,076 | 37 | 18 | 18 | - | - | 54 | - | 1,808 | |
| Income statement | ||||||||||||||||||
76A |
0 | 498 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
115,051 | 133,517 | 132,612 | 135,520 | 134,211 | 138,063 | 144,193 | 111,444 | 87,771 | 23,560 | 6,053 | 43,768 | 64,688 | 70,349 | 72,864 | 69,481 | 17,889 | |
62 |
- | - | - | - | - | - | - | - | - | -137 | 29 | 36,014 | 44,730 | 43,192 | 43,269 | 44,446 | - | |
630 |
8,388 | 8,388 | 8,673 | 15,704 | 15,704 | 15,418 | 15,124 | 49,596 | - | - | - | 571 | 571 | 571 | 254 | 254 | - | |
640/8 |
6,134 | 5,280 | 4,481 | 3,694 | 4,254 | 4,798 | 2,919 | 1,614 | 1,694 | 1,766 | 1,167 | 716 | 725 | 1,104 | 444 | 441 | 347 | |
66A |
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
100,530 | 119,849 | 119,457 | 116,122 | 114,253 | 117,847 | 126,150 | 60,234 | 86,077 | 21,931 | 4,857 | 6,467 | 18,662 | 25,482 | 28,897 | 24,340 | 17,542 | |
75/76B |
3,429 | 1,943 | 1,746 | 1,528 | 758 | 392 | 391 | 612 | - | 1,263 | 1,622 | 1,578 | 1,955 | 1,140 | 1,119 | - | 53 | |
75 |
3,429 | 1,943 | 1,746 | 1,528 | 758 | 392 | 391 | 612 | - | 1,263 | 1,622 | 1,578 | 1,955 | 1,140 | 1,119 | - | 53 | |
65/66B |
15,158 | 8,563 | 8,692 | 10,075 | 9,744 | 11,840 | 13,197 | 12,879 | 487 | 671 | 393 | 373 | 391 | 196 | 74 | 72 | 63 | |
65 |
15,158 | 8,563 | 8,692 | 10,075 | 9,744 | 11,840 | 13,197 | 12,879 | 487 | 671 | 393 | 373 | 391 | 196 | 74 | 72 | 63 | |
9903 |
88,801 | 113,229 | 112,511 | 107,574 | 105,266 | 106,399 | 113,345 | 47,967 | 85,590 | 22,523 | 6,086 | 7,672 | 20,226 | 26,426 | 29,942 | 24,268 | 17,532 | |
67/77 |
25,308 | 28,924 | 28,809 | 27,677 | 26,888 | 27,723 | 33,900 | 10,036 | 29,738 | 5,589 | 1,187 | 1,218 | 4,707 | 4,834 | 6,853 | 7,058 | 4,200 | |
9904 |
63,493 | 84,305 | 83,701 | 79,897 | 78,379 | 78,676 | 79,445 | 37,931 | 55,852 | 16,934 | 4,899 | 6,454 | 15,519 | 21,592 | 23,089 | 17,210 | 13,332 | |
9905 |
63,493 | 84,305 | 83,701 | 79,897 | 78,379 | 78,676 | 79,445 | 37,931 | 55,852 | 16,934 | 4,899 | 6,454 | 15,519 | 21,592 | 23,089 | 17,210 | 13,332 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
63,493 | 84,305 | 83,701 | 79,897 | 78,379 | 78,676 | 79,445 | 37,931 | 55,852 | 16,934 | 4,899 | 6,454 | 15,519 | 21,592 | 23,089 | 17,210 | 13,332 | |
691/2 |
63,493 | 84,305 | 83,701 | 79,897 | 78,379 | 78,676 | 79,445 | 37,931 | 55,852 | 16,934 | 4,899 | 6,454 | 15,519 | 21,592 | 23,089 | 17,210 | 13,332 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,194 | 666 | |
6921 |
63,493 | 84,305 | 83,701 | 79,897 | 78,379 | 78,676 | 79,445 | 37,931 | 55,852 | 16,934 | 4,899 | 6,454 | 15,519 | 21,592 | 23,089 | 16,016 | 12,666 | |
| Social balance sheet | ||||||||||||||||||
9087 |
0 | - | - | - | - | - | - | - | - | - | - | 0.3 | 0.5 | 0.5 | 0.5 | 0.5 | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | 584 | 1,008 | 1,016 | 1,012 | 1,016 | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-07-2026 | 2026-00283987 | |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00281852 | |
| 31-12-2023 | micro format | 30-07-2024 | 2024-00306590 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00267071 | |
| 31-12-2021 | micro format | 25-08-2022 | 2022-20338613 | |
| 31-12-2020 | micro format | 13-08-2021 | 2021-48500208 | |
| 31-12-2019 | micro format | 26-10-2020 | 2020-63400048 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-56700020 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52400117 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-53300561 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-52700354 | |
| 31-12-2014 | abbreviated format | 27-08-2015 | 2015-51400166 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-50800125 | |
| 31-12-2012 | abbreviated format | 30-09-2013 | 2013-61100475 | |
| 31-12-2011 | abbreviated format | 11-09-2012 | 2012-56100097 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-52000567 | |
| 31-12-2009 | abbreviated format | 31-08-2010 | 2010-52700248 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 108,917 | 128,236 | 128,131 | 131,826 | 129,957 | 133,265 | 141,274 | 109,830 | - | - | - | 7,038 | 19,233 | 26,053 | 29,151 | 24,594 | - | ||
| 71,881 | 92,692 | 92,375 | 95,601 | 94,083 | 94,094 | 94,568 | 87,527 | - | - | - | 7,025 | 16,090 | 22,163 | 23,343 | 17,464 | - | ||
| 0 | 12,287 | 0 | 0 | 0 | 1,741 | -0 | 588,152 | 58,000 | - | - | 0 | 0 | 950 | -1 | 1,272 | - | ||
| 4,314 | 424 | -7,726 | 6,103 | 971 | -17,942 | 10,247 | -10,269 | 13,486 | 4,751 | -1,685 | -14,205 | 5,937 | 3,965 | -9,717 | -11,420 | - | ||
| 453,900 | 421,858 | 369,772 | 321,518 | 261,190 | 207,093 | 150,490 | 92,830 | 137,557 | 137,666 | 120,713 | 115,814 | 108,771 | 92,681 | 71,522 | 48,124 | 33,740 | ||
| 71.7% | 68.6% | 63.9% | 59.3% | 53.4% | 44.8% | 37.8% | 27.7% | 65.1% | 86.2% | 81.1% | 76.9% | 69.3% | 85.0% | 95.2% | 96.3% | 91.7% | ||
| 4.71 | 5.11 | 5.09 | 5.88 | 5.09 | 3.20 | 2.68 | 1.63 | 2.36 | 7.24 | 5.29 | 4.34 | 3.25 | 6.61 | 20.86 | 26.49 | 31.98 | ||
| 0.40 | 0.46 | 0.56 | 0.69 | 0.87 | 1.23 | 1.64 | 2.61 | 0.54 | 0.16 | 0.23 | 0.30 | 0.44 | 0.18 | 0.05 | 0.04 | 0.09 | ||
| 8.1% | 11.8% | 13.3% | 14.6% | 16.8% | 20.2% | 25.6% | 16.4% | 28.9% | 12.3% | 4.1% | 5.6% | 14.2% | 23.0% | 32.0% | 35.0% | 41.8% | ||
| 5.8% | 8.1% | 8.5% | 8.6% | 8.9% | 9.1% | 9.7% | 4.5% | 18.8% | 10.6% | 3.3% | 4.3% | 9.8% | 19.6% | 30.4% | 33.7% | 38.3% | ||
| 7.19 | 14.98 | 14.74 | 13.08 | 13.34 | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts guaranteed by Belgian public bodies | €225,186 | - | - | - | - |
| Mortgages, amount registered | €275,000 | €275,000 | €25,000 | - | €578,000 |
| €165,000 | €165,000 | €440,000 | - | - | |
| Carrying value of the mortgaged assets | €510,897 | €519,285 | €527,673 | - | €551,184 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €12,287 | - | - | - |
| €8,388 | €8,388 | €8,673 | €15,704 | €15,704 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 16% lower than in 2024 and the lowest since 2018.
Debt's share of the balance-sheet total falls from 31.4% to 28.3%. Equity is higher and debt is lower.
DELTIC has no parent and no holdings in its annual accounts. DEDRIE Vicky Virna Virginie is the only director.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 6 January 2009, DELTIC was incorporated.1 DEDRIE Vicky Virna Virginie has served as director since 2023.2 Total assets went from €836,026 in 2018 to €1.1m in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Leopold II Laan 57 registered office 8670 Koksijde | 06-01-2009 | 2.175.554.206 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 38502E0097/00D000 | 426 m² | 1 · 212 m² | 12.1 m · 3 |
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