Summary
DELVAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.07M and a net result of €221k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 92% of 5547 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
50 d early
2024
56 d early
2023
42 d early
2022
40 d early
2021
6 d early
2020
4 d early
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.07M▲ 4.6%
2024 · €4.85M
2019: €3.87M
2020: €4.24M
2021: €4.32M
2022: €4.67M
2023: €4.74M
2024: €4.85M
2019 → 2025
Net result
€221k▲ 116%
2024 · €103k
2019: €451k
2020: €372k
2021: €76k
2022: €346k
2023: €79k
2024: €103k
2019 → 2025
Total assets
€5.26M▲ 7.0%
2024 · €4.92M
2019: €5.03M
2020: €4.38M
2021: €4.40M
2022: €4.81M
2023: €4.83M
2024: €4.92M
2019 → 2025
Solvency
96.4%▼ 2.2pp
2024 · 98.6%
2019: 76.9%
2020: 96.9%
2021: 98.2%
2022: 96.9%
2023: 98.2%
2024: 98.6%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.32M-€4.67M▲ 8.0%€4.74M▲ 1.7%€4.85M▲ 2.2%€5.07M▲ 4.6%
Operating result€13k-€519k▲ 3,842%€58k▼ 88.8%€80k▲ 37.7%€152k▲ 90.2%
Net result€76k-€346k▲ 355%€79k▼ 77.3%€103k▲ 30.4%€221k▲ 116%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 90% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.26M
Fixed assets
€2.55M ▼ 2.2%
Current assets
€2.71M ▲ 17.3%
Equity and liabilities €5.26M
Equity
€5.07M ▲ 4.6%
Provisions
€30k ▼ 4.9%
Debt
€161k ▲ 314%
Debt's share of the balance-sheet total rises from 0.8% to 3.1%. Equity and debt are higher.
Key figures and ratios
ROE
4.4%▲
2024 · 2.1%
ROA
4.2%▲
2024 · 2.1%
Debt ≤ 1 year
€161k▲
2024 · €39k
Income taxes
€90k▲
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.92M€5.26M▲
Fixed assets21/28€2.61M€2.55M▼
Tangible fixed assets22/27€2.61M€2.55M▼
Land and buildings22€2.48M€2.45M▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€123k€98k▼
Financial fixed assets28€3k€3k=
Current assets29/58€2.31M€2.71M▲
Amounts receivable within one year40/41€64k€98k▲
Trade receivables40€45k€70k▲
Other amounts receivable41€19k€27k▲
Current investments50/53€1.53M€2.06M▲
Cash at bank and in hand54/58€697k€536k▼
Deferred charges and accrued income490/1€21k€14k▼
Equity and liabilities
Total equity and liabilities10/49€4.92M€5.26M▲
Equity10/15€4.85M€5.07M▲
Contributions10/11€106k€106k=
Reserves13€995k€1.22M▲
Tax-exempt reserves132€93k€89k▼
Distributable reserves133€901k€1.13M▲
Profit (loss) carried forward14€3.75M€3.75M=
Provisions and deferred taxes16€31k€30k▼
Deferred taxes168€31k€30k▼
Amounts payable17/49€39k€161k▲
Amounts payable within one year42/48€39k€161k▲
Trade debts44€14k€66k▲
Suppliers440/4€14k€66k▲
Taxes, remuneration and social security45€25k€95k▲
Taxes450/3€25k€95k▲
Other amounts payable47/48€560€560=
Accrued charges and deferred income492/3€0€778▲
Income statement
Code20242025
Non-recurring operating income76A-€25k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€159k▲
Other operating charges640/8€18k€17k▼
Non-recurring operating charges66A€6k€0▼
Gross operating margin9900€246k€328k▲
Operating profit (loss)9901€80k€152k▲
Financial income75/76B€39k€248k▲
Recurring financial income75€39k€248k▲
Financial charges65/66B€-7k€90k▲
Recurring financial charges65€-15k€90k▲
Non-recurring financial charges66B€7k€0▼
Profit (loss) for the period before taxes9903€127k€310k▲
Transfer from deferred taxes780€2k€2k▼
Income taxes67/77€26k€90k▲
Profit (loss) for the period9904€103k€221k▲
Transfer from tax-exempt reserves789€5k€5k▼
Profit (loss) for the period to be appropriated9905€108k€226k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.85M€3.97M▲
Profit (loss) brought forward from the previous period14P€3.75M€3.75M=
Transfer to equity691/2€108k€226k▲
To other reserves6921€108k€226k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Equity above €5MEq €5.07M ▲4.6%
7 profitable years in a row build equity to €5.07M.
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €76k ▼79.6%
Net result drops to €76k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Liquidity times 12current ratio 36.82
Current ratio from 3.12 to 36.82; short-term debt falls from €1.10M to €78k.
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Roeselare · 1 establishment unit since 1991
Ground area
9,684 m²
Building footprint
1,017 m²
Volume, LiDAR
5,837 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DELVAN
since 19912.051.004.226
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36013B0095/00E000 | Flanders | 6,973 m² | 1 · 246 m² | 9.9 m · 2 fl. |
| 36502B1277/00D000 | Flanders | 2,712 m² | 1 · 771 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 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 24,727 companies in sector 64210 we hold annual accounts for 19,768. 8,105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-1990
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.