Equity
DELACO paid out €1,633 in dividends. That is 61% of the 2025 profit.
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DELACO paid out €1,633 in dividends. That is 61% of the 2025 profit.
Short-term debts fell from €9,638 to €2,975.
Ten of the last ten came late. The 2019 accounts came latest: 102 days after the end of the period.
In July 2024, 31,368 companies had the same profile as DELACO has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for DELACO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| DELACO Woluwe-Saint-Pierre | €28,328 | €5,030 | 89.5% | - |
| CONTRASTE S.P.R.L. Jodoigne | €46,197 | €8,545 | -76.2% | - |
| SANEL C.C. Brussels | €21,125 | €10,685 | 25.0% | - |
| Metrac International Uccle | €56,687 | €7,978 | 15.1% | - |
| PINAR STAR Mechelen | €50,395 | €7,378 | 37.8% | - |
| CADO DECOR Schaerbeek | €57,310 | €14,511 | -147.7% | - |
| X. DIM Watermael-Boitsfort | €26,076 | -€1,266 | -663.8% | - |
These companies have the same main activity as DELACO: retail sale of lighting equipment (NACE 47552). They are comparable in size and age: total assets between €21,100 and €57,300, founded between 1983 and 1998.
DELACO files the micro format. That format states no turnover. The gross margin rose from €3,609 in 2006 to €5,030 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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