Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DELTASEARCH from Antwerpen, company number BE0432600697, closed financial year 2025 with a result of € -58,797 after tax. For that financial year DELTASEARCH recorded a gross margin of € -6,962 and equity of € -131,816. Compared with financial year 2024, the result moved from € -37,875 to € -58,797. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ -131,816
▼ € 58,797 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,797
▼ 55 % more loss than in 2024
Profit after tax over the fiscal year.
€ 292
▼ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -193,816.
People and assets in 2025
0.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 41,397
▼ 55% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 31,375
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 57
▼ € 12,391 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 151,325 | € 109,545 | € 64,976 | € -6,962 | ▼ € 71,937 |
| Profit after taxes | € 58,954 | € 23,243 | € -37,875 | € -58,797 | ▼ € 20,923 |
| Equity | € -58,387 | € -35,144 | € -73,018 | € -131,816 | ▼ € 58,797 |
| Total debts | € 198,820 | € 262,346 | € 231,587 | € 151,708 | ▼ 34% |
| Cash | € 111,565 | € 40,152 | € 4,131 | € 292 | ▼ 93% |
| Retained profit | € -120,387 | € -97,144 | € -135,018 | € -193,816 | ▼ € 58,797 |
| Bank debt | € 951 | € 1,737 | € 241 | € 0 | ▼ 100% |
| Balance sheet total | € 140,433 | € 227,202 | € 158,568 | € 19,892 | ▼ 87% |
| Employees (FTE) | 1.4 | 0.9 | 1.3 | 0.8 | ▼ 0.5 |
Key figures of DELTASEARCH, 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 DELTASEARCH?
What happened at DELTASEARCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Poels Management BV stepped down as director. NBB
- Brinkhorst Holding stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 58,797. Source: NBB ↗
- Brinkhorst Holding became a director. NBB
- Poels Management BV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,954 profit in 2022 to € 58,797 loss in 2025.
Paid € 37,336 in corporate taxes since 2022.
Best year ever: 2022, with € 58,954 profit.
On average € 50,000 of value added per employee in 2024.
Management
The stake of Brinkhorst Holding, DELTAWORX BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DELTASEARCHThe shares are held by Brinkhorst Holding (50%) and DELTAWORX BELGIUM (50%).
Directors
According to the 2025 annual accounts
Director · represented by Jeroen Poels
Also active at: ’t BRUUKSKE, FRIGO HOLDING, DELTAWORX BELGIUM, DELTAWORX GROUP
since 2021 · until 2027
Managing director · represented by Martijn Brinkhorst
since 2023 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schijnpoortweg 137
2170 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →FKV
€ 226,614 gross margin · 2025
DELTAWORX BELGIUM same network
€ 849,302 gross margin · 2025
DELTAWORX GROUP same network
€ -103,072 gross margin · 2025
Groep Osaka Hockey Europe
HAKIMONO
€ -12,394 gross margin · 2021
+3 more
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
Google Workspace
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
deltasearch.eu
Registrar
Registrar.eu
Website info
Features
Security
Network
Details
- Company number
- 0432.600.697
- VAT number
- BE 0432.600.697
- Registered office
- Schijnpoortweg 137, 2170 Antwerpen
- Names & denominations
- DELTASEARCH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 December 1987
- Peppol
- Active · Active since 18 Sept 2025
- Contact
- deltasearch.eu
- Activities · NACE
Arbeidsbemiddeling
Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening
Personeelsselectie en plaatsing
Andere vormen van arbeidsbemiddeling