DL-NET
ActiveSummary
DL-NET has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €335,657 and a net result of -€2,863. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 57% of 1222 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-18
Solvency72▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
Liquidity ample (current ratio 2.01 against 1.75 in 2024; short-term debt: 43.9% and cash: 18.4% of total assets), but 52.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
55 d late
2022
46 d late
2021
61 d late
2020
55 d late
2019
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 47 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 fastest grower in Frameries#6 company by equity in Frameries, Administrative and support services sector#7 oldest company in Frameries, Administrative and support services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,863
2024 · €29,353
Working capital
€313,989▼ 2.7%
2024 · €322,826
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€96,458▲ 86.7%€126,264▲ 30.9%€155,977▲ 23.5%€46,945▼ 69.9%-€5,034
Net result€28,722within the sector's middle half▲ 48.2%€100,705within the sector's middle half▲ 251%€91,825within the sector's middle half▼ 8.8%€29,353within the sector's middle half▼ 68.0%-€2,863below the sector's middle half
Equity€166,594within the sector's middle half▲ 19.5%€236,453within the sector's middle half▲ 41.9%€331,058within the sector's middle half▲ 40.0%€342,722within the sector's middle half▲ 3.5%€335,657within the sector's middle half▼ 2.1%
Total assets€678,494within the sector's middle half▼ 14.7%€836,036within the sector's middle half▲ 23.2%€681,884within the sector's middle half▼ 18.4%€877,617within the sector's middle half▲ 28.7%€707,903within the sector's middle half▼ 19.3%
Debt€498,009▼ 22.1%€588,427▲ 18.2%€342,405▼ 41.8%€531,259▲ 55.2%€372,247▼ 29.9%
Working capital€135,764▲ 5.4%€197,163▲ 45.2%€318,057▲ 61.3%€322,826▲ 1.5%€313,989▼ 2.7%
Solvency24.6%within the sector's middle half▲ 7.0pp28.3%within the sector's middle half▲ 3.7pp48.6%within the sector's middle half▲ 20.3pp39.1%within the sector's middle half▼ 9.5pp47.4%within the sector's middle half▲ 8.4pp
Staff (FTE)11.3within the sector's middle half▼ 2.6%11.5within the sector's middle half▲ 1.8%11.6within the sector's middle half▲ 0.9%10.5within the sector's middle half▼ 9.5%13.6above the sector's middle half▲ 29.5%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5,034 after €46,945 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €707,903
Fixed assets
€82,864 ▼ 34.1%
Current assets
€625,040 ▼ 16.9%
Equity and liabilities €707,903
Equity
€335,657 ▼ 2.1%
Provisions
€0 ▼ 100%
Debt
€372,247 ▼ 29.9%
Debt's share of the balance-sheet total falls from 60.5% to 52.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24,844▼
2024 · €80,581
Cash flow
€27,015▼
2024 · €62,989
Current ratio
2.01▲
2024 · 1.75
Quick ratio
1.63▲
2024 · 1.41
Debt to equity
1.11▼
2024 · 1.55
ROE
-0.9%▼
2024 · 8.6%
ROA
-0.4%▼
2024 · 3.3%
Interest coverage
2.81▼
2024 · 4.39
Debt ≤ 1 year
€311,051▼
2024 · €428,959
Debt > 1 year
€61,195▼
2024 · €102,300
Income taxes
€11,135▼
2024 · €16,819
Staff costs
€584,111▲
2024 · €506,014
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,058 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% | 1.6% |
| 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 74% 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 8,594 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €10,016 | - |
| Remuneration, social security and pensions62 | €406,226 | €430,011 | €429,378 | €506,014 | €584,111 | ▲ 15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45,081 | €45,561 | €30,803 | €33,636 | €29,878 | ▼ 11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€48,724 | - | - | -€11,501 | - | - |
| Other operating charges640/8 | €6,630 | €6,882 | €27,876 | €28,547 | €7,767 | ▼ 72.8% |
| Non-recurring operating charges66A | - | - | - | - | €11,425 | - |
| Gross operating margin9900 | €505,671 | €608,718 | €644,034 | €603,641 | €628,146 | ▲ 4.1% |
| Operating profit (loss)9901 | €96,458 | €126,264 | €155,977 | €46,945 | -€5,034 | ▼ 111% |
| Financial income75/76B | €1,545 | €30,269 | €1,580 | €17,164 | €20,392 | ▲ 18.8% |
| Recurring financial income75 | €1,545 | €2,025 | €1,580 | €17,164 | €20,392 | ▲ 18.8% |
| Non-recurring financial income76B | - | €28,244 | - | - | - | - |
| Financial charges65/66B | €49,826 | €18,908 | €29,625 | €18,729 | €9,321 | ▼ 50.2% |
| Recurring financial charges65 | €18,231 | €17,173 | €26,977 | €18,358 | €8,835 | ▼ 51.9% |
| Non-recurring financial charges66B | €31,595 | €1,735 | €2,648 | €371 | €486 | ▲ 30.9% |
| Profit (loss) for the period before taxes9903 | €48,177 | €137,625 | €127,932 | €45,380 | €6,037 | ▼ 86.7% |
| Transfer from deferred taxes780 | €2,735 | €2,735 | €2,735 | €792 | €2,235 | ▲ 182% |
| Income taxes67/77 | €22,190 | €39,655 | €38,842 | €16,819 | €11,135 | ▼ 33.8% |
| Profit (loss) for the period9904 | €28,722 | €100,705 | €91,825 | €29,353 | -€2,863 | ▼ 110% |
| Transfer from tax-exempt reserves789 | €7,630 | €3,815 | €3,816 | €1,676 | €6,705 | ▲ 300% |
| Profit (loss) for the period to be appropriated9905 | €36,352 | €104,520 | €95,641 | €31,030 | €3,842 | ▼ 87.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €678,494 | €836,036 | €681,884 | €877,617 | €707,903 | ▼ 19.3% |
| Fixed assets21/28 | €225,799 | €202,667 | €140,855 | €125,832 | €82,864 | ▼ 34.1% |
| Tangible fixed assets22/27 | €222,026 | €198,894 | €137,082 | €124,709 | €81,740 | ▼ 34.5% |
| Plant, machinery and equipment23 | €3,006 | €2,608 | €1,634 | €861 | - | - |
| Furniture and vehicles24 | €45,008 | €46,680 | €10,248 | €23,065 | €14,033 | ▼ 39.2% |
| Other tangible fixed assets26 | €174,012 | €149,606 | €125,200 | €100,783 | €67,707 | ▼ 32.8% |
| Financial fixed assets28 | €3,773 | €3,773 | €3,773 | €1,123 | €1,123 | = |
| Current assets29/58 | €452,695 | €633,369 | €541,029 | €751,785 | €625,040 | ▼ 16.9% |
| Stocks and contracts in progress3 | €98,096 | €103,969 | €118,969 | €147,711 | €117,006 | ▼ 20.8% |
| Stocks30/36 | €98,096 | €103,969 | €118,969 | €147,711 | €117,006 | ▼ 20.8% |
| Amounts receivable within one year40/41 | €287,376 | €388,281 | €263,211 | €481,980 | €376,760 | ▼ 21.8% |
| Trade receivables40 | €175,497 | €223,104 | €223,604 | €247,520 | €297,553 | ▲ 20.2% |
| Other amounts receivable41 | €111,879 | €165,177 | €39,607 | €234,460 | €79,207 | ▼ 66.2% |
| Cash at bank and in hand54/58 | €63,485 | €116,929 | €134,148 | €107,880 | €130,439 | ▲ 20.9% |
| Deferred charges and accrued income490/1 | €3,738 | €24,190 | €24,701 | €14,214 | €834 | ▼ 94.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €678,494 | €836,036 | €681,884 | €877,617 | €707,903 | ▼ 19.3% |
| Equity10/15 | €166,594 | €236,453 | €331,058 | €342,722 | €335,657 | ▼ 2.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €50,867 | €47,052 | €43,236 | €42,565 | €317,057 | ▲ 645% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | €33,007 | €29,192 | €25,376 | €24,705 | €18,000 | ▼ 27.1% |
| Distributable reserves133 | €16,000 | €16,000 | €16,000 | €17,860 | €299,057 | ▲ 1,574% |
| Profit (loss) carried forward14 | €82,165 | €150,685 | €246,326 | €277,355 | - | - |
| Investment grants15 | €14,962 | €20,116 | €22,896 | €4,202 | - | - |
| Provisions and deferred taxes16 | €13,891 | €11,156 | €8,421 | €3,636 | - | - |
| Deferred taxes168 | €13,891 | €11,156 | €8,421 | €3,636 | - | - |
| Amounts payable17/49 | €498,009 | €588,427 | €342,405 | €531,259 | €372,247 | ▼ 29.9% |
| Amounts payable after more than one year17 | €180,395 | €151,687 | €118,959 | €102,300 | €61,195 | ▼ 40.2% |
| Financial debts170/4 | €180,395 | €151,687 | €118,959 | €102,300 | €61,195 | ▼ 40.2% |
| Amounts payable within one year42/48 | €316,931 | €436,206 | €222,972 | €428,959 | €311,051 | ▼ 27.5% |
| Current portion of amounts payable after more than one year42 | €54,509 | €73,364 | €60,012 | €60,775 | €50,497 | ▼ 16.9% |
| Financial debts43 | €16,411 | €8,124 | €7,061 | - | - | - |
| Other loans439 | €16,411 | €8,124 | €7,061 | - | - | - |
| Trade debts44 | €173,097 | €236,871 | €99,265 | €282,501 | €198,493 | ▼ 29.7% |
| Suppliers440/4 | €173,097 | €236,871 | €66,777 | €282,501 | €198,493 | ▼ 29.7% |
| Bills of exchange payable441 | - | - | €32,488 | - | - | - |
| Taxes, remuneration and social security45 | €67,975 | €76,931 | €54,253 | €85,426 | €61,114 | ▼ 28.5% |
| Taxes450/3 | €4,461 | €20,343 | €8,910 | €18,540 | - | - |
| Remuneration and social security454/9 | €63,514 | €56,588 | €45,343 | €66,886 | €61,114 | ▼ 8.6% |
| Other amounts payable47/48 | €4,939 | €40,916 | €2,381 | €257 | €948 | ▲ 269% |
| Accrued charges and deferred income492/3 | €683 | €534 | €474 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,722 | €100,705 | €91,825 | €29,353 | -€2,863 | ▼ 110% |
| + Depreciation and write-downs630 | €45,081 | €45,561 | €30,803 | €33,636 | €29,878 | ▼ 11.2% |
| Operating cash flow (approximation) | €73,803 | €146,266 | €122,628 | €62,989 | €27,015 | ▼ 57.1% |
| Investment in fixed assets (approximation) | - | -€22,429 | €31,009 | -€18,613 | €13,090 | ▲ 170% |
| Change in cash | - | €53,444 | €17,219 | -€26,268 | €22,559 | ▲ 186% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€2,863
Net result drops to -€2,863, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 55 days late
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 46 days late
2022
31-12
Financial
Highest result since 2018net €100,705 ▲251%
Net result €100,705, the highest in the series.
31-12
Financial
Equity above €200,000Eq €236,453 ▲41.9%
5 profitable years in a row build equity to €236,453.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Equity above €150,000Eq €166,594 ▲19.5%
4 profitable years in a row build equity to €166,594.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 55 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 53 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Frameries · 1 establishment unit since 2004
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.
Av. des Nouvelles Technologies 717080 Frameries1 establishment unit
DL-NET
since 20042.137.636.015
Structure & network
Owners and holdings
1 ownerChain of control
- FINWALL
- Clair-Office
- DL-NET
Highest known parent: FINWALL. The sources do not say who stands above it.
Owners 1
- Clair-Officeparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 6,996 companies in sector 81220 we hold annual accounts for 2,414. 1,586 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-06-2004
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
46499Wholesale of other household goods
Contact
Phone
0498/744 443Frameries
E-invoicing
Reachable via Peppol
Peppol ID
0208:0865877032
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.