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DEL'OR

Active
Public limited companyfounded 2006active for 20 yearsEmiel Clausstraat 23, 8793 Waregem, BelgiumKBO/BCE: BE 0878.823.859
Summary

DEL'OR has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €879,756 and a net result of €152,219. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 35% of 317 sector peers (NACE 20, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-01-2006 Normal situation
Activity
Manufacture of chemicals and chemical products NACE 20150
Establishment units
2.151.345.281 8690 Alveringem, since 23-01-2006
2.296.496.180 8480 Ichtegem, since 31-07-2019
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
and 1 other
Shareholders
  • LEIEVOEDERS· score 692025 annual accounts of LEIEVOEDERS

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€479,257
▲ 13.4%
Turnover
≈ €1.1m
estimated
Profit
€152,219
▲ 33.0%
Equity
€879,756
▲ 20.9%
Total assets
€2.2m
▼ 15.5%
Score breakdownraises riskLiquidity: current ratio 0.84, cash €59,007lowers riskSize: total assets €2.2mFigures for financial year 2025 (filed on 30-06-2026)Founded in 2006Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of small companies in chemicals (NACE 20)
Financial strength · tick: 2024
Strong
Solvency 65+12
equity 39.6% of total assets
Liquidity 43+9
short-term debt 27.2% · cash 2.7%
Profitability 77+3
return on assets 6.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (147 companies, NACE 20, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.84 (0.69 in 2024), below 1. Short-term debt is 27.2% and cash 2.7% of total assets. 60.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 20, small). It does better than 31% of them on solvency, 38% on liquidity, 69% on profitability and 85% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.84, cash €59,007
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
28 days early
2023
51 days early
2022
60 days early
2021
83 days early
2020
81 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 20), the median for financial year 2024 was 22 days before the deadline, and 26% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 81% of companies in chemicalssector median €7.4m · 315 companies €879,756 View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Reappointments: Rik Vandeputte, Francis Vandeputte and 2 others
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as DEL'OR: manufacture of chemicals and chemical products (NACE 20150). They are comparable in size and age: total assets between €654,000 and €3.5m, founded between 1995 and 2011.

CompanyTotal assetsGross margin
DEL'OR Waregem€2.2m€0.5m
COMPOVIT Diksmuide€1.9m€0.5m
FITA COMPOST Tielt€1.7m€0.6m
OP DE BEECK GEERT Olen€3.0m€0.6m
TRACTOFIM Poperinge€0.7m€0.2m
BIO-ELECTRIC Beernem€0.9m€1.0m
Leemans Hoogstraten€3.5m€0.8m
Full comparison

Key facts about DEL'OR

What is the company number of DEL'OR?
The company number of DEL'OR is 0878.823.859. The VAT number is the same number with BE in front: BE 0878.823.859.
Where is DEL'OR based?
The registered office is at Emiel Clausstraat 23, 8793 Waregem.Company details
What does DEL'OR do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20150).
What is the legal form of DEL'OR?
DEL'OR is a public limited company (NV).
When was DEL'OR founded?
DEL'OR was founded on 23-01-2006.
Is DEL'OR still active?
Yes, DEL'OR is an active enterprise in the KBO register.
What is the turnover of DEL'OR?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €479,257 and 2,281 comparable companies of the same size. It probably lies between €680,000 and €1.9m. It is a rough estimate. In financial year 2019 turnover was €1.1m.Financials
Is DEL'OR profitable?
In financial year 2025, DEL'OR made a profit of €152,219.
Where can I find the annual accounts of DEL'OR?
DEL'OR filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DEL'OR due?
DEL'OR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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