D&L

Active

Private limited companyfounded 1999active for 27 yearsMagazijnenstraat 10-14, 2235 Hulshout, BelgiumKBO/BCE: BE 0467.104.884

Summary

D&L has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €775,018. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 44% of 9,797 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

D&LActiveChecked score 72/100

Risk analysis Report Compare

Activity

Wholesale of clothing, excluding workwear and underwear

NACE 46423Retail trade NACE 47783

4th largest company by total assets in Hulshout, Wholesale and retail trade sector1 site

Size

≈ €8.2mturnover 2025, estimated

Staff: 4.9 FTE
Equity: €1.9m
Profit: €775,018

Turnover estimated from the gross margin

Financial health

72 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.6%

Structure

RootedDirector · permanent representative Valgaeren Pieter
TLC Clean & CookDirector · permanent representative Valgaeren Thomas

2025 accounts filed 26 days late

Why 72raises riskLiquidity: current ratio 3.601 change of registered office in 24 monthslowers riskFounded in 1999Size: 4.9 FTE, total assets €5.0mShow the evidence

Checked score

Score 2025

72 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 80% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 63-14

equity 37.8% of total assets

Liquidity 100+47

short-term debt 8.5%

Profitability 88+7

return on assets 15.6%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,896 companies, NACE 46, micro)

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.8%▲ +0.3 percentage points vs 04-2025 06-2025: 1.4%▲ +0.6 percentage points vs 05-2025highest value 07-2025: 1.4%● unchanged vs 06-2025highest value 08-2025: 1.4%● unchanged vs 07-2025highest value 09-2025: 1.4%● unchanged vs 08-2025highest value 10-2025: 1.4%● unchanged vs 09-2025highest value 11-2025: 1.4%● unchanged vs 10-2025highest value 12-2025: 1.4%● unchanged vs 11-2025highest value 01-2026: 0.2%▼ -1.2 percentage points vs 12-2025lowest value 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▲ +0.2 percentage points vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026

Credit of up to €130,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.6, compared with 2.39 in 2024, above the usual 1.5; short-term debt: 8.5% of total assets), but 62.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 47% on solvency, 98% on liquidity, 83% on profitability and 91% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Liquidity: current ratio 3.60

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Founded in 1999

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: 4.9 FTE, total assets €5.0m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

2025 accounts filed 26 days late

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-05-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

26 days late

2024

27 days late

2023

25 days early

2022

2 days late

2021

1 day early

2020

22 days early

2019

30 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 2 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end30-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-06-2026 Resignation: Valgaeren Danny (director)Appointments: TLC Clean & Cook…
26-05-2026 Annual accounts filedfinancial year 2025 · abbreviated…
30-09-2025 Highest result from 2019 to 2025net €775,018 ▲265%

Key points

Positive: Result rose in 2025from €212,437 to €775,018 ▲ 265% View
Positive: Among the best 5% on net resultsector median €26,870 · 9,776 companies €775,018 View
Board changedlatest change 11-06-2026 · 2 in office 2 joined · 1 left View
Positive: 7 profitable years in a rowprofit 2025: €775,018 7 years View

By topic

Financials

Financial year: 2025
Total assets: €5.0m
Profit: €775,018
Solvency: 37.8%

Total assets▲ 137%

Net result

20192025

Go to Financials

Board & ownership

Board: 2 members

RootedDirector
TLC Clean & CookDirector

Go to Board & ownership

Timeline

Events: 31
Since: 2002
Next accounts: by 30-04-2027

27-05-2025Annual accounts filed
05-05-2025Registered office · Other addresses
30-09-2024Equity above €1m

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Wholesale of clothing, excluding workwear and underwearNACE 46423
Founded: 20-10-1999
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Annual meeting: Fourth Friday of March at 20:00
Purpose: “De import en export van huishoudelijke artikelen zoals…” (deed in Dutch)

Go to Articles of association

Key facts about D&L

What is the company number of D&L?: 0467.104.884. In Belgium the VAT number is the company number with BE in front: BE 0467.104.884.
Where is D&L based?: The registered office is at Magazijnenstraat 10-14, 2235 Hulshout.Company details
What does D&L do?: According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
What is the legal form of D&L?: Private limited company (BV).
When was D&L founded?: On 20-10-1999.
Is D&L still active?: Yes, D&L is an active enterprise in the KBO register.
How many employees does D&L have?: On average 4.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of D&L?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is D&L profitable?: In financial year 2025, D&L made a profit of €775,018.
Where can I find the annual accounts of D&L?: D&L filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of D&L due?: By 30-04-2027, for financial year 2026.Timeline