Summary
GROUP-DEL 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 €1.2m and a net result of €151,612. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 28% of 5585 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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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 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
5 d early
2023
67 d early
2022
2 d early
2021
2 d early
2020
on the day
2019
38 d early
← 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 16 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.2m▲ 14.9%
2024 · €1.0m
Net result
€151,612▲ 22.6%
2024 · €123,671
Total assets
€4.2m▲ 8.8%
2024 · €3.9m
Solvency
27.7%▲ 1.5pp
2024 · 26.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€150,517▼ 2.4%€81,292▼ 46.0%€240,859▲ 196%€286,361▲ 18.9%€319,787▲ 11.7%
Net result€105,914within the sector's middle half▼ 6.0%€37,161within the sector's middle half▼ 64.9%€145,927above the sector's middle half▲ 293%€123,671above the sector's middle half▼ 15.3%€151,612within the sector's middle half▲ 22.6%
Equity€710,965within the sector's middle half▲ 17.5%€748,126above the sector's middle half▲ 5.2%€894,053above the sector's middle half▲ 19.5%€1.0mabove the sector's middle half▲ 13.8%€1.2mwithin the sector's middle half▲ 14.9%
Total assets€2.4mwithin the sector's middle half▲ 5.8%€2.8mabove the sector's middle half▲ 19.3%€3.2mabove the sector's middle half▲ 14.1%€3.9mabove the sector's middle half▲ 20.7%€4.2mabove the sector's middle half▲ 8.8%
Debt€1.7m▲ 1.5%€2.1m▲ 25.3%€2.3m▲ 12.2%€2.9m▲ 23.3%€3.1m▲ 6.7%
Working capital-€158,144within the sector's middle half€77,108within the sector's middle half€465,907above the sector's middle half▲ 504%€213,122above the sector's middle half▼ 54.3%€125,286within the sector's middle half▼ 41.2%
Solvency30.1%within the sector's middle half▲ 3.0pp26.5%within the sector's middle half▼ 3.5pp27.8%within the sector's middle half▲ 1.2pp26.2%within the sector's middle half▼ 1.6pp27.7%within the sector's middle half▲ 1.5pp
Current ratio0.87within the sector's middle half▼ 0.341.05within the sector's middle half▲ 0.191.33within the sector's middle half▲ 0.271.12within the sector's middle half▼ 0.211.06within the sector's middle half▼ 0.06
Return on assets (ROA)4.5%within the sector's middle half▼ 0.6pp1.3%within the sector's middle half▼ 3.2pp4.5%within the sector's middle half▲ 3.2pp3.2%within the sector's middle half▼ 1.4pp3.6%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets
€2.1m ▲ 8.8%
Current assets
€2.2m ▲ 8.9%
Equity and liabilities €4.2m
Equity
€1.2m ▲ 14.9%
Debt
€3.1m ▲ 6.7%
Debt's share of the balance-sheet total falls from 73.8% to 72.3%. Equity and debt are higher.
Key figures and ratios
ROE
13.0%▲
2024 · 12.2%
Debt ≤ 1 year
€2.1m▲
2024 · €1.8m
Debt > 1 year
€1.0m▼
2024 · €1.1m
Income taxes
€54,453▲
2024 · €43,374
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,622 | €40,789 | €45,998 | €87,909 | €66,750 | ▼ 24.1% |
| Other operating charges640/8 | €6,449 | €9,217 | €7,835 | €9,416 | €19,631 | ▲ 108% |
| Gross operating margin9900 | €208,589 | €131,298 | €294,692 | €383,686 | €406,168 | ▲ 5.9% |
| Operating profit (loss)9901 | €150,517 | €81,292 | €240,859 | €286,361 | €319,787 | ▲ 11.7% |
| Financial income75/76B | €15,867 | €13,597 | €12,291 | €8,483 | €12,860 | ▲ 51.6% |
| Recurring financial income75 | €15,867 | €13,597 | €12,291 | €8,483 | €12,860 | ▲ 51.6% |
| Non-recurring financial income76B | €0 | - | - | - | - | - |
| Financial charges65/66B | €26,228 | €32,140 | €58,039 | €127,799 | €126,582 | ▼ 1.0% |
| Recurring financial charges65 | €26,228 | €32,140 | €58,039 | €127,799 | €126,582 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €140,156 | €62,749 | €195,111 | €167,045 | €206,065 | ▲ 23.4% |
| Income taxes67/77 | €34,242 | €25,588 | €49,184 | €43,374 | €54,453 | ▲ 25.5% |
| Profit (loss) for the period9904 | €105,914 | €37,161 | €145,927 | €123,671 | €151,612 | ▲ 22.6% |
| Profit (loss) for the period to be appropriated9905 | €105,914 | €37,161 | €145,927 | €123,671 | €151,612 | ▲ 22.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.8m | €3.2m | €3.9m | €4.2m | ▲ 8.8% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.3m | €1.9m | €2.1m | ▲ 8.8% |
| Intangible fixed assets21 | - | €3,498 | €2,798 | €2,098 | €1,398 | ▼ 33.4% |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.3m | €1.9m | €2.1m | ▲ 8.9% |
| Land and buildings22 | €1.3m | €1.3m | €1.3m | €1.9m | €2.0m | ▲ 9.3% |
| Plant, machinery and equipment23 | - | €2,279 | €1,770 | €1,260 | €751 | ▼ 40.4% |
| Furniture and vehicles24 | €0 | - | €17,522 | €13,288 | €9,054 | ▼ 31.9% |
| Other tangible fixed assets26 | €17,748 | €17,748 | €17,748 | €17,748 | €17,748 | = |
| Current assets29/58 | €1.0m | €1.5m | €1.9m | €2.0m | €2.2m | ▲ 8.9% |
| Amounts receivable after more than one year29 | €200,000 | €200,000 | €0 | - | - | - |
| Other amounts receivable291 | €200,000 | €200,000 | €0 | - | - | - |
| Stocks and contracts in progress3 | €123,269 | €647,748 | €1.2m | €1.5m | €1.4m | ▼ 9.0% |
| Stocks30/36 | €123,269 | €647,748 | €994,752 | €561,800 | €448,917 | ▼ 20.1% |
| Contracts in progress37 | - | - | €237,500 | €982,500 | €957,000 | ▼ 2.6% |
| Amounts receivable within one year40/41 | €582,401 | €330,012 | €371,126 | €236,081 | €504,309 | ▲ 114% |
| Trade receivables40 | €136,897 | €38,398 | €35,574 | €130,207 | €10,262 | ▼ 92.1% |
| Other amounts receivable41 | €445,504 | €291,614 | €335,552 | €105,875 | €494,047 | ▲ 367% |
| Current investments50/53 | €82,665 | €95,976 | €121,759 | €174,862 | €231,320 | ▲ 32.3% |
| Cash at bank and in hand54/58 | €11,787 | €209,254 | €163,160 | €43,090 | €33,612 | ▼ 22.0% |
| Deferred charges and accrued income490/1 | €16,731 | €1,979 | €465 | €87 | €218 | ▲ 151% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.8m | €3.2m | €3.9m | €4.2m | ▲ 8.8% |
| Equity10/15 | €710,965 | €748,126 | €894,053 | €1.0m | €1.2m | ▲ 14.9% |
| Contributions10/11 | €32,500 | €32,500 | €32,500 | €32,500 | €32,500 | = |
| Reserves13 | €3,250 | €3,250 | €3,250 | €3,250 | €3,250 | = |
| Non-distributable reserves130/1 | €3,250 | €3,250 | €0 | - | - | - |
| Reserves not available under the articles1311 | €3,250 | €3,250 | €0 | - | - | - |
| Distributable reserves133 | - | - | €3,250 | €3,250 | €3,250 | = |
| Profit (loss) carried forward14 | €675,215 | €712,376 | €858,303 | €981,974 | €1.1m | ▲ 15.4% |
| Amounts payable17/49 | €1.7m | €2.1m | €2.3m | €2.9m | €3.1m | ▲ 6.7% |
| Amounts payable after more than one year17 | €478,319 | €664,468 | €902,307 | €1.1m | €1.0m | ▼ 6.5% |
| Financial debts170/4 | €478,319 | €664,468 | €902,307 | €1.1m | €1.0m | ▼ 6.5% |
| Amounts payable within one year42/48 | €1.2m | €1.4m | €1.4m | €1.8m | €2.1m | ▲ 14.8% |
| Current portion of amounts payable after more than one year42 | €69,496 | €70,708 | €61,238 | €74,728 | €84,854 | ▲ 13.6% |
| Financial debts43 | €1.1m | €1.2m | €1.3m | €1.4m | €1.5m | ▲ 1.3% |
| Credit institutions430/8 | - | - | - | - | €1.4m | - |
| Other loans439 | €1.1m | €1.2m | €1.3m | €1.4m | €41,762 | ▼ 97.1% |
| Trade debts44 | €35,174 | €67,034 | €38,196 | €104,626 | €484,453 | ▲ 363% |
| Suppliers440/4 | €35,174 | €67,034 | €38,196 | €104,626 | €484,453 | ▲ 363% |
| Taxes, remuneration and social security45 | €1,305 | €16,138 | €26,689 | €70,255 | €30,022 | ▼ 57.3% |
| Taxes450/3 | €1,305 | €16,138 | €26,689 | €70,255 | €30,022 | ▼ 57.3% |
| Other amounts payable47/48 | €4,333 | €7,314 | €0 | €103,960 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €3,000 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €105,914 | €37,161 | €145,927 | €123,671 | €151,612 | ▲ 22.6% |
| + Depreciation and write-downs630 | €51,622 | €40,789 | €45,998 | €87,909 | €66,750 | ▼ 24.1% |
| Operating cash flow (approximation) | €157,536 | €77,950 | €191,925 | €211,580 | €218,362 | ▲ 3.2% |
| Investment in fixed assets (approximation) | - | -€28,848 | -€40,964 | -€644,713 | -€233,114 | ▲ 63.8% |
| Change in cash | - | €197,467 | -€46,094 | -€120,070 | -€9,478 | ▲ 92.1% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €151,612 ▲22.6%
Operating result €319,787, net result €151,612, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €1mEq €1.0m ▲13.8%
7 profitable years in a row build equity to €1.0m.
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €37,161 ▼64.9%
Net result drops to €37,161, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €500,000Eq €605,051 ▲22.9%
3 profitable years in a row build equity to €605,051.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
25-04
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 4 acts read
About the unread acts
We know of 4 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
4 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 2006
Ground area
1,763 m²
Building footprint
556 m²
Volume, LiDAR
3,131 m³
2 parcels, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Kerkhofstraat 40, 8800 Roeselare
since 20062.263.098.387
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36017C0911/00Y000 | Flanders | 1,097 m² | 1 · 423 m² | 7.0 m · 2 fl. |
| 36017C0994/00N000 | Flanders | 665 m² | 1 · 133 m² | 5.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 24,728 companies in sector 64210 we hold annual accounts for 19,805. 12,331 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
Founded09-01-2006
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
68121Development of residential building projects
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0878447638
Also
9925:BE0878447638
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.