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DELUSI

Active
Private limited companyfounded 200719 yrs activeTen Stroom 8, 9890 Gavere, BelgiumKBO/BCE: BE 0888.178.421
Summary

The computed 12-month bankruptcy probability of DELUSI is 2.7% (moderate). The 2024 annual accounts show equity of €39,062 and a net result of -€14,209. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 14% of 36397 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other building finishing work
NACE 43350NACE 43390NACE 45450
1 site
Size
€403,069total assets 2024
Staff
2 FTE
Equity
€39,062
Loss
-€14,209
Turnover not published (abridged schema)
Financial health
49 Fair Checked score 2024
Bankruptcy chance 12 m
2.7%
Structure
Accounts 65 d overdue0 of 6 deeds read
Why 49- Figures for FY 2024 (filed 06-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 66 days late; 1 of the last 3 late+ Size: total assets €403,069+ Founded in 2007Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 17% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 35-5
equity 9.7% of total assets
Liquidity 32-3
short-term debt 39.2% · cash 0.5%
Profitability 41-16
return on assets -3.5%
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● 0.0% vs 11-2024 01-2025: 0.6%▼ -1.0% vs 12-2024 02-2025: 0.6%▲ +1.8% vs 01-2025 03-2025: 0.6%● 0.0% vs 02-2025 04-2025: 0.6%▲ +3.6% vs 03-2025 05-2025: 0.6%▼ -3.7% vs 04-2025 06-2025: 0.6%▼ -3.5% vs 05-2025lowest value 07-2025: 0.7%▲ +24.2% vs 06-2025 08-2025: 1.1%▲ +58.8% vs 07-2025 09-2025: 1.4%▲ +24.8% vs 08-2025 10-2025: 2.0%▲ +46.3% vs 09-2025 11-2025: 1.2%▼ -39.1% vs 10-2025 12-2025: 1.2%● 0.0% vs 11-2025 01-2026: 1.2%▼ -0.6% vs 12-2025 02-2026: 1.3%▲ +3.0% vs 01-2026 03-2026: 1.2%▼ -0.6% vs 02-2026 04-2026: 1.3%▲ +1.1% vs 03-2026 05-2026: 1.3%▲ +4.6% vs 04-2026 06-2026: 1.3%▼ -3.9% vs 05-2026 07-2026: 1.3%▲ +2.2% vs 06-2026 08-2026: 1.9%▲ +44.9% vs 07-2026 09-2026: 2.2%▲ +17.3% vs 08-2026 10-2026: 2.7%▲ +24.3% vs 09-2026highest value
  • Figures for FY 2024 (filed 06-10-2025) raises the probability
  • Size: total assets €403,069 lowers the probability for this profile
  • Founded in 2007 lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 66 days late; 1 of the last 3 late raises the probability
Credit up to €1,500 at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.68 in 2023; short-term debt: 39.2% and cash: 0.5% of total assets), and 90.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 14%, liquidity 21%, profitability 20%, growth against the median 15%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 06-10-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: total assets €403,069
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2007
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 66 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€14,209
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 36397 sector peers (2024).
NBB · sector comparison
Position among 36397 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-10-2025, 66 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 filings
Deviation from the deadline
2025
not confirmed
2024
66 d late
2023
23 d late
2022
29 d late
2021
47 d early
2020
58 d early
2019
70 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Among the weakest 10% on net resultsector median €9,291 · 36,364 companies -€14,209 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€14,209 View

By topic

Financials

Fiscal year
2024
Total assets
€403,069
Loss
-€14,209
Solvency
9.7%
Total assets▲ 12.9%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2016
  1. 05-10-2025Annual accounts filed
  2. 23-08-2024Annual accounts filed
  3. 29-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other building finishing workNACE 43350
Founded
22-03-2007
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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