ACTIVE

DELIVERECT

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Financial year 2025 · Closed on 31/12/2025

Net result-17,8 M €+8,8 %over 1 year

Revenue41,2 M €+21,9 %over 1 year

Equity57,3 M €-23,7 %over 1 year

Workforce75,7 ETP-19,3 %over 1 year

Identity

Source · BCE/KBO

DELIVERECT is a Public limited company incorporated in 2018. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 75,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0692.623.253
Incorporation: 15/03/2018
Legal form: Public limited company
Registered office: Foreestelaan 82 box 101
9000 Gent · FlandreSee on map
Contributed capital: 94 688 120,00 €
Latest accounts: 31/12/2025
Average workforce: 75,7 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores 62020Computer consultancy activities 62030Computer facilities management activities+5

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 11 filings

Trend over 8 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	41,2 M €	+21.9%	33,8 M €	+38.6%	24,4 M €	+67.8%	14,5 M €		–
EBITDA	-6,9 M €	+50.1%	-13,8 M €	+40.5%	-23,1 M €	+43.9%	-41,2 M €	-96.5%	-21 M €
Operating result	-16,5 M €	+23.6%	-21,6 M €	+28.9%	-30,3 M €	+29.0%	-42,7 M €	-105%	-20,9 M €
Net result	-17,8 M €	+8.8%	-19,5 M €	+29.5%	-27,7 M €	+35.7%	-43,1 M €	-106%	-20,9 M €
Balance sheet
Equity	57,3 M €	-23.7%	75,1 M €	-16.9%	90,4 M €	-22.9%	117,3 M €	+182%	41,5 M €
Total assets	75,8 M €	-16.3%	90,7 M €	-8.8%	99,4 M €	-20.6%	125,3 M €	+171%	46,3 M €
Cash	25,3 M €	+50.0%	16,9 M €	+109%	8,1 M €	-92.5%	108 M €	+191%	37,1 M €
Debts	13,4 M €	+18.4%	11,3 M €	+90.5%	5,9 M €	-7.6%	6,4 M €	+57.1%	4,1 M €
Other
Workforce	75,7 ETP	-19.3%	93,8 ETP	-10.2%	104,4 ETP	-17.7%	126,9 ETP	+58.0%	80,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Saar Pikar	Director31/01/2026 → 30/05/2031
Tony Weisman	Director05/11/2024 → 26/05/2028
OUZIA0727.858.801Represented by Alexander van de Rostyne	Chairman of the board of directors13/02/2024 → 31/05/2030
Jan Georges Hollez	Director20/04/2021 → 27/04/2027Managing director20/04/2021 → 2024 accountsended
Zhong Yuan Xu	Managing director27/04/2021 → 27/04/2027Director27/04/2021 → 2021 accountsended
Benton Geidt Elliot	Director20/04/2021 → 20/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SWUNG0870.408.516Represented by Alexander Van De Rostyne	Chairman of the board of directors16/12/2022 → 13/02/2024Director16/12/2022 → 2023 accounts
Alexander Van De Rostyne	Director20/04/2021 → 2021 accounts

Other companies at this address

Foreestelaan 82 9000 Gent

Company	CBE no.
Dealside● Active	1003.785.001
Deliverect Foundation● Active	0770.651.439
Vereniging van mede-eigenaars forum gebouw A3 - PAX te Gent, Foreestelaan 82● Active	0757.520.114

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2026	19/06/2025	14/06/2024	08/09/2023	06/12/2022	07/09/2021
General meeting	15/07/2026	30/05/2025	31/05/2024	07/08/2023	30/08/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	15/07/2026	16/07/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	19/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/05/2025	19/06/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	14/06/2024	Dutch	PDF
Full model	31/12/2022	07/08/2023	08/09/2023	Dutch	PDF
Abridged modelCorrection	31/12/2021	30/08/2022	06/12/2022	Dutch	PDF
Abridged model	31/12/2021	30/08/2022	31/08/2022	Dutch	PDF
Abridged modelCorrection	31/12/2020	28/05/2021	07/09/2021	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	05/08/2021	Dutch	PDF
Micro model	31/12/2019	29/05/2020	02/09/2020	Dutch	PDF
Abridged model	31/03/2019	31/05/2019	30/09/2019	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Saar Pikar	Director31/01/2026 → 30/05/2031
Tony Weisman	Director05/11/2024 → 26/05/2028
OUZIA0727.858.801Represented by Alexander van de Rostyne	Chairman of the board of directors13/02/2024 → 31/05/2030
Jan Georges Hollez	Director20/04/2021 → 27/04/2027Managing director20/04/2021 → 2024 accountsended
Zhong Yuan Xu	Managing director27/04/2021 → 27/04/2027Director27/04/2021 → 2021 accountsended
Benton Geidt Elliot	Director20/04/2021 → 20/04/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SWUNG0870.408.516Represented by Alexander Van De Rostyne	Chairman of the board of directors16/12/2022 → 13/02/2024Director16/12/2022 → 2023 accounts
Alexander Van De Rostyne	Director20/04/2021 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares02/09/2026
KAPITAAL, AANDELEN
PDF
Capital / shares27/08/2026
KAPITAAL, AANDELEN
PDF
Other18/08/2026
DIVERSEN
PDF
Capital / shares04/03/2026
KAPITAAL - AANDELEN
PDF
Mandates27/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/09/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares22/05/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings8 filings

Mandates

Saar Pikar

Tony Weisman

OUZIA

Zhong Yuan Xu

Benton Geidt Elliot

Jan Georges Hollez

SWUNG

Alexander Van De Rostyne

Zhong Xu

Jambu Palaniapan

Jan Hollez

Jambu Palaniappan

Show the 4 other mandates

20182019202020212022202320242025202620272028202920302031

DELIVERECT

Foreestelaan 82 bte 101, 9000 Gent

Director

Chairman of the board of directors

Managing director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Foreestelaan 82 bte 101, 9000 GentCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00308255
Foreestelaan 82 bus 101, 9000 Gent	accounts 2021	Accounts 2021 · 2022-20532239

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
DELIVERECTCurrent	accounts 2019 → 2025	Accounts 2025 · 2026-00308255

Events

27/02/2026
augmentation_capital
31/01/2026
nominationSaar Pikar · bestuurder
2025
Annual accounts 2025-17,8 M €↑
29/08/2025
augmentation_capital
16/05/2025
augmentation_capital
28/02/2025
augmentation_capital
2024
Annual accounts 2024-19,5 M €↑
05/11/2024
nominationWEISMAN Tony Gerald · bestuurder
05/11/2024
augmentation_capital
27/08/2024
augmentation_capital
31/05/2024
nominationOuzia BV · bestuurder en voorzitter van de Raad van Bestuur
31/05/2024
nominationPwC Bedrijfsrevisoren BV · commissaris
05/03/2024
augmentation_capital
13/02/2024
nominationOUZIA BV · bestuurder
2023
Annual accounts 2023-27,7 M €↑
28/06/2023
split
2022
Annual accounts 2022-43,1 M €↓
22/08/2022
nominationJan Hollez · gedelegeerd bestuurder
2021
Annual accounts 2021-20,9 M €↓
2020
Annual accounts 2020-5,8 M €↓
2019
Annual accounts 2019-1,5 M €↓
2019
Annual accounts 2019-299,6 k €
15/03/2018
IncorporationPublic limited company

DELIVERECT

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events