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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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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DELSARD from Herselt, company number BE0521919980, closed financial year 2025 with a result of € -12,870 after tax. For that financial year DELSARD recorded a gross margin of € -8,480 and equity of € -62,931. Compared with financial year 2024, the result moved from € -12,982 to € -12,870. 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 March 25, 2026.
€ -62,931
▼ € 12,870 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,870
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5
▼ € 4,016 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -75,331.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,030 | € -4,285 | € -5,556 | € -8,480 | ▼ € 2,924 |
| Profit after taxes | € -1,944 | € -5,478 | € -12,982 | € -12,870 | ▲ € 112 |
| Equity | € -31,600 | € -37,078 | € -50,061 | € -62,931 | ▼ € 12,870 |
| Total debts | € 31,804 | € 56,381 | € 71,865 | € 82,230 | ▲ 14% |
| Cash | - | € 388 | € 4,021 | € 5 | ▼ € 4,016 |
| Retained profit | € -44,000 | € -49,478 | € -62,461 | € -75,331 | ▼ € 12,870 |
| Bank debt | € 0 | € 0 | € 25,000 | € 0 | ▼ 100% |
| Balance sheet total | € 204 | € 19,303 | € 21,804 | € 19,299 | ▼ 11% |
Key figures of DELSARD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to DELSARD?
What happened at DELSARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,870. Source: NBB ↗
- Bert DELSARD became a director. NBB
- New establishment in Herselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,944 loss in 2022 to € 12,870 loss in 2025.
Management
Behind DELSARD is Bert DELSARD.
Directors
According to the 2025 annual accounts
Bert DELSARD
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Limberg 55
2230 Herselt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0521.919.980
- VAT number
- BE 0521.919.980
- Registered office
- Limberg 55, 2230 Herselt
- Names & denominations
- DELSARD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 March 2013
- Peppol
- Active · Active since 9 Jul 2026
- Activities · NACE
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