D.L.H.

Active

Private limited companyfounded 2016active for 10 yearsLeestsesteenweg 62, 2800 Mechelen, BelgiumKBO/BCE: BE 0653.774.555

Summary

The computed 12-month bankruptcy probability of D.L.H. is 7.0% (elevated). The annual accounts of D.L.H. for financial year 2024 show a net loss of 151% of the equity at the start of that year. The 2024 annual accounts show equity of €337,842 and a net result of -€481,807. Equity is growing by about 100% per year across the filed financial years. Its solvency ranks better than 23% of 8,969 sector peers (NACE 46, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

D.L.H.ActiveChecked score 34/100

Risk analysis Report Compare

Activity

Wholesale of pharmaceutical and medical goods

NACE 46460

1 site

Size

€1.8mtotal assets 2024

Staff: 4.4 FTE
Equity: €337,842
Loss: -€481,807

Turnover not published (abbreviated or micro format)

Financial health

34 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 7.0%

Structure

Largest shareholder: 2XU GROUP · 36.06%

Toon NickmansDirector

2025 accounts not filed, 89 days past the deadline4 of 11 deeds summarised

Why 34raises riskFigures for financial year 2024 (filed 02-09-2025)Liquidity: current ratio 0.44, cash €0, halved1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 2 of the last 3 lateLoss of €481,807, the second in a row (financial year 2024)Show the evidence

Checked score

Score 2024

34 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 26% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 44+1

equity 18.7% of total assets

Liquidity 12-7

short-term debt 70.7% · cash 0.0%

Profitability 0-50

return on assets -26.7%

Bankruptcy probability, 12 months

7.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,881 companies, NACE 46, micro)

Last 24 months 11-2024: 3.7% 12-2024: 2.5%▼ -1.2 percentage points vs 11-2024 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.5%● unchanged vs 02-2025 04-2025: 2.4%▼ -0.1 percentage points vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.3%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 3.0%▲ +0.7 percentage points vs 07-2025 09-2025: 3.3%▲ +0.3 percentage points vs 08-2025 10-2025: 4.9%▲ +1.6 percentage points vs 09-2025 11-2025: 4.9%● unchanged vs 10-2025 12-2025: 4.9%● unchanged vs 11-2025 01-2026: 4.9%● unchanged vs 12-2025 02-2026: 4.9%● unchanged vs 01-2026 03-2026: 4.8%▼ -0.1 percentage points vs 02-2026 04-2026: 4.7%▼ -0.1 percentage points vs 03-2026 05-2026: 4.5%▼ -0.2 percentage points vs 04-2026 06-2026: 4.3%▼ -0.2 percentage points vs 05-2026 07-2026: 4.4%▲ +0.1 percentage points vs 06-2026 08-2026: 5.0%▲ +0.6 percentage points vs 07-2026 09-2026: 5.2%▲ +0.2 percentage points vs 08-2026 10-2026: 7.0%▲ +1.8 percentage points vs 09-2026highest value

Credit of up to €11,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 0.44, compared with 0.78 in 2023, below 1; short-term debt: 70.7% and cash: 0% of total assets), and 81.3% 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 30% on solvency, 13% on liquidity, 6% on profitability and 56% on growth.

The bankruptcy probability was computed on 27-10-2026 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

Seven signals.

raises risk

Figures for financial year 2024 (filed 02-09-2025)

NBB · annual accounts

Liquidity: current ratio 0.44, cash €0, halved

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 2 of the last 3 late

NBB · filings

Loss of €481,807, the second in a row (financial year 2024)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 8969 sector peers (2024).

NBB · sector comparison

Position among 8969 sector peers

Solvency

better than 23%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.

NBB · 9 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline28-10-2026 today

2024 accounts filed 31 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 9 filings

Deviation from the deadline

2025

not filed

2024

31 days late

2023

85 days late

2022

31 days early

2021

26 days early

2020

26 days early

2019

31 days early

← before the deadline after the deadline →

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

This company filed its last 6 accounts on average on the deadline day; 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 (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

04-08-2026 Resignation: Joeri Perneel (director)Appointment: Toon Nickmans (director) ·…
18-03-2026 Amendment of the articles · MiscellaneousCapital increase · Capital contribution…
31-08-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Risk: 3 loss-making years in a rowloss financial year 2024 -€481,807 View
Caution: Result fell in 2024from -€4,385 to -€481,807 ▼ 10,888% View
Caution: Among the weakest 5% on net resultsector median €40,633 · 8,964 companies -€481,807 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 89 days past the deadline View
Caution: Board changedlatest change 07-07-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year: 2024
Total assets: €1.8m
Loss: -€481,807
Solvency: 18.7%

Total assets▲ 2.2%

Net result

20182024

Go to Financials

Board & ownership

Board: 1 member
Largest shareholder: 2XU GROUP · 36.06%

Toon NickmansDirector

Go to Board & ownership

Timeline

Events: 19
Since: 2017

31-12-2024Weakest financial year
24-10-2024Annual accounts filed
22-01-2024Capital & shares

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Wholesale of pharmaceutical and medical goodsNACE 46460
Founded: 03-05-2016
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 20

Annual meeting: Second Saturday of June at 16:00
Purpose: “Drankgelegenheid,café,bar,cabaret; Restaurant,traiteur; Organisatie van…” (deed in Dutch)

Go to Articles of association

Key facts about D.L.H.

What is the company number of D.L.H.?: 0653.774.555. In Belgium the VAT number is the company number with BE in front: BE 0653.774.555.
Where is D.L.H. based?: The registered office is at Leestsesteenweg 62, 2800 Mechelen.Company details
What does D.L.H. do?: According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
What is the legal form of D.L.H.?: Private limited company (BV).
When was D.L.H. founded?: On 03-05-2016.
Is D.L.H. still active?: Yes, D.L.H. is an active enterprise in the KBO register.
How many employees does D.L.H. have?: On average 4.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of D.L.H.?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is D.L.H. profitable?: In financial year 2024, D.L.H. made a loss of €481,807.
Where can I find the annual accounts of D.L.H.?: D.L.H. filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.