Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NELEN & DELBEKE from Kruisem, company number BE0424091126, closed financial year 2025 with a result of € 213,357 after tax. For that financial year NELEN & DELBEKE recorded a gross margin of € 1.9 million and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 119,959 to € 213,357. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 1.5 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 213,357
▲ 78% vs 2024
Profit after tax over the fiscal year.
€ 246,813
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
94 % of the profit went to the shareholders, mostly to THYDEL (100 % of the shares). That is where the money ends up.
People and assets in 2025
18.2
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 1% vs 2024
€ 68,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 535,395
▼ 12% vs 2024
Of which on lease € 242,118.
Debts at end 2025
€ 1.4 million
▼ 6% vs 2024
€ 312,357 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 791,488
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 196,021
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,809,743 | € 1,806,030 | € 1,889,784 | € 1,929,668 | ▲ 2% |
| Profit after taxes | € 212,616 | € 302,036 | € 119,959 | € 213,357 | ▲ 78% |
| Equity | € 1,382,554 | € 1,484,591 | € 1,504,550 | € 1,517,907 | ▲ 1% |
| Total debts | € 2,324,159 | € 3,556,694 | € 2,825,085 | € 2,671,975 | ▼ 5% |
| Cash | € 112,525 | € 219,134 | € 386,177 | € 246,813 | ▼ 36% |
| Retained profit | € 1,128,369 | € 1,230,406 | € 1,250,365 | € 1,263,722 | ▲ 1% |
| Dividend | € 200,000 | € 200,000 | € 100,000 | € 200,000 | ▲ 100% |
| Bank debt | € 793,171 | € 1,824,255 | € 1,506,638 | € 1,414,503 | ▼ 6% |
| Balance sheet total | € 3,756,713 | € 5,041,285 | € 4,329,635 | € 4,189,882 | ▼ 3% |
| Employees (FTE) | 18.5 | 19.4 | 17.9 | 18.2 | ▲ 0.3 |
Key figures of NELEN & DELBEKE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to NELEN & DELBEKE?
What happened at NELEN & DELBEKE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 213,357 (▲ 78% vs 2024). Source: NBB ↗
- New establishment in Kruisem. KBO
- Start of the company according to the CBE. KBO
In short
From € 212,616 profit in 2022 to € 213,357 profit in 2025.
Paid € 262,977 in corporate taxes since 2022.
Best year ever: 2023, with € 302,036 profit.
On average € 106,000 of value added per employee in 2025.
Management
The stake of THYDEL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NELEN & DELBEKEBehind NELEN & DELBEKE is THYDEL BV. The shares are held by THYDEL (100%).
Establishments
Establishment units
Physical locations of this company
Industriezone(KRU) 17
9770 Kruisem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0424.091.126
- VAT number
- BE 0424.091.126
- Registered office
- Industriezone(KRU) 17, 9770 Kruisem
- Names & denominations
- NELEN & DELBEKE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 1983
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- nelen-delbeke.be
- Activities · NACE
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