DELVINO
ActiveDELVINO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
15
/ 100
Critical▲ +5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency33▲+32
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.2 against 0.29 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-1.4%
Return on assets
-2.3%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
71 d late
2023
30 d late
2022
74 d late
2021
87 d late
2020
89 d late
2019
89 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-7k
2024 · €4k
2018: €-9k
2019: €29k
2020: €26k
2021: €30k
2022: €33k
2023: €18k
2024: €4k
2018 → 2025
Total assets
€495k▼ 6.3%
2024 · €528k
2018: €654k
2019: €641k
2020: €606k
2021: €632k
2022: €600k
2023: €601k
2024: €528k
2018 → 2025
Net result
€-11k▲ 18.5%
2024 · €-14k
2018: €-29k
2019: €-2k
2020: €-3k
2021: €4k
2022: €3k
2023: €-15k
2024: €-14k
2018 → 2025
Working capital
€-181k▼ 18.9%
2024 · €-152k
2018: €-79k
2019: €-91k
2020: €-92k
2021: €-84k
2022: €-92k
2023: €-119k
2024: €-152k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€33k▲ 10.6%€18k▼ 45.1%€4k▼ 75.5%€-7k
Operating result€18k-€18k▼ 4.1%€6k▼ 66.7%€6k▲ 7.1%€5k▼ 16.2%
Net result€4k-€3k▼ 16.2%€-15k€-14k▲ 8.0%€-11k▲ 18.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €495k
Fixed assets
€450k▼ 3.1%
Current assets
€44k▼ 29.9%
Key figures and ratios
EBITDA
€20k▼
2024 · €21k
Cash flow
€3k▲
2024 · €656
Solvency
-1.4%▼
2024 · 0.9%
Current ratio
0.20▼
2024 · 0.29
Quick ratio
0.08▼
2024 · 0.10
Debt / equity
-74.01
ROE
166.3%▲
2024 · -307.9%
ROA
-2.3%▲
2024 · -2.6%
Interest coverage
1.17▲
2024 · 1.03
Debt
€502k▼
2024 · €524k
Debt ≤ 1 year
€225k▲
2024 · €215k
Debt > 1 year
€277k▼
2024 · €309k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€528k€495k▼
Fixed assets21/28€465k€450k▼
Tangible fixed assets22/27€465k€450k▼
Land and buildings22€465k€450k▼
Current assets29/58€63k€44k▼
Stocks and contracts in progress3€41k€27k▼
Stocks30/36€41k€27k▼
Amounts receivable within one year40/41€11k€15k▲
Trade receivables40€11k€15k▲
Cash at bank and in hand54/58€11k€2k▼
Deferred charges and accrued income490/1-€40
Equity and liabilities
Total equity and liabilities10/49€528k€495k▼
Equity10/15€4k€-7k▼
Contributions10/11€60k€60k=
Profit (loss) carried forward14€-56k€-67k▼
Amounts payable17/49€524k€502k▼
Amounts payable after more than one year17€309k€277k▼
Financial debts170/4€289k€257k▼
Other amounts payable178/9€20k€20k=
Amounts payable within one year42/48€215k€225k▲
Current portion of amounts payable after more than one year42€31k€32k▲
Financial debts43€50k€45k▼
Credit institutions430/8€50k€45k▼
Trade debts44€53k€63k▲
Suppliers440/4€53k€63k▲
Taxes, remuneration and social security45€2k€841▼
Taxes450/3€2k€841▼
Other amounts payable47/48€79k€85k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€6k€6k▲
Gross operating margin9900€27k€26k▼
Operating profit (loss)9901€6k€5k▼
Financial income75/76B€1€329▲
Recurring financial income75€1€329▲
Financial charges65/66B€20k€17k▼
Recurring financial charges65€20k€17k▼
Profit (loss) for the period before taxes9903€-14k€-11k▲
Profit (loss) for the period9904€-14k€-11k▲
Profit (loss) for the period to be appropriated9905€-14k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-67k▼
Profit (loss) brought forward from the previous period14P€-42k€-56k▼
The notes to these accounts (7 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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
29-07
State Gazette act
Registered officeRegistered-office move1 fact ▸
State Gazette act
Registered office
Registered-office move1 fact ▸
- Registered-office move, Sleestraat 31, 2820 Rijmenam
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bonheiden · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sleestraat 312820 BonheidenGround area
891 m²
Building footprint
97 m²
Volume, LiDAR
692 m³
Parcel 12031B0117/00D000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DELVINO
since 20172.266.743.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031B0117/00D000 | Flanders | 891 m² | 1 · 97 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBonheiden2.266.743.411
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Of 1,043 companies in sector 46341 we hold annual accounts for 530. 180 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-08-2017
Fiscal year end31-12
Activities, NACEBEL
46341Wholesale of wines and spirits
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.