Just wanted to add to the earlier comment regarding using Help | About to check the version of the BDE Administrator. Remember that only reports the version of the BDE ADministrator itself, which has not changed recently.
You can determine the actual BDE version you're using (assuming that BDE Admin is working properly), but it takes a bit of work. For complete details, please see
If the BDE ADministrator isn't working for you, you may be able to use Explorer to check the datestamps of the core IDAPI DLL's. Navigate to \Program Files\Borland\Common Files\BDE and then locate IDAPI32.DLL.
In older versions of BDE (5.1.1 and earlier), it was common to set the time to reflect the version number. Thus, the date stamp of a 5.1.1. IDAPI/SQL Link DLL would be something along the lines of 11/12/99, 5:11:00 am. However, it appears that convention was not followed in the most recent version, which appears to have been updated 5/10/01, 5:00:00pm.
(Personally, I suspect the engineer who delivered that version may not have been aware of the timestamp convention.)
In any event, the most recent version is 5.2.0.2 and can be download from Borland's site. Be sure to choose the version appropriate for the tool you're updating. For example, if you're using an application that uses the SQL Links, grab the Enterprise edition. If you're not sure, start with the Professional.
Hope this helps...
-- Lance