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DELAVAL

Active
Public limited companyfounded 198541 yrs activeIndustriepark-Drongen 10, 9031 Gent, BelgiumKBO/BCE: BE 0427.530.468
Summary

DELAVAL has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €1.2m. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 15% of 68 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability66▼-1
Solvency40▼-2
Growth71▲+1
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.0 in 2024; short-term debt: 73.5% and cash: 2.5% of total assets), and 85.2% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
14.8%
Return on assets
7.3%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 21
Relative position
BE, all sectors
reference
Manufacture of basic pharmaceutical products and pharmaceutical preparations (NACE 21)
about 14% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 68 sector peers (2025).
NBB · sector comparison
Position among 68 sector peers
Solvency
better than 15%
← weakest strongest →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
21 d early
2024
36 d early
2023
57 d early
2022
76 d early
2021
74 d early
2020
72 d early
2019
58 d 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 56 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 5 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

DELAVAL was incorporated on 15 July 1985.1 Revenue grew from EUR 27 million in 2018 to EUR 43 million in 2025 and headcount from 58.5 to 65.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€43.4m▲ 8.8%
2024 · €39.9m
EBIT margin
4.3%▲ 0.1pp
2024 · 4.3%
Net result
€1.2m▲ 11.9%
2024 · €1.0m
Working capital
€1.5m
2024 · -€13,124
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 21, Manufacture of basic pharmaceutical products and pharmaceutical preparations, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€32.9m▲ 6.1%€36.1m▲ 9.9%€42.1m▲ 16.5%€39.9m▼ 5.2%€43.4m▲ 8.8%
Operating result€1.4m▲ 29.0%€1.3m▼ 11.3%€2.2m▲ 72.7%€1.7m▼ 23.4%€1.9m▲ 10.1%
Net result€943,907within the sector's middle half▲ 22.3%€787,159within the sector's middle half▼ 16.6%€1.4mwithin the sector's middle half▲ 74.5%€1.0mwithin the sector's middle half▼ 24.1%€1.2mwithin the sector's middle half▲ 11.9%
EBIT margin4.4%▲ 0.8pp3.6%▼ 0.9pp5.3%▲ 1.7pp4.3%▼ 1.0pp4.3%▲ 0.1pp
Equity€993,186within the sector's middle half▲ 4.6%€1.3mwithin the sector's middle half▲ 28.9%€1.9mwithin the sector's middle half▲ 48.7%€2.2mwithin the sector's middle half▲ 15.3%€2.4mwithin the sector's middle half▲ 7.6%
Total assets€11.1mwithin the sector's middle half▲ 2.6%€14.2mwithin the sector's middle half▲ 28.6%€15.7mwithin the sector's middle half▲ 10.6%€13.1mwithin the sector's middle half▼ 16.6%€16.0mwithin the sector's middle half▲ 21.9%
Debt€9.4m▲ 8.8%€12.6m▲ 33.8%€13.4m▲ 6.1%€10.3m▼ 23.2%€12.7m▲ 23.8%
Working capital-€845,855below the sector's middle half▼ 35.8%-€899,987below the sector's middle half▼ 6.4%-€563,529below the sector's middle half▲ 37.4%-€13,124within the sector's middle half▲ 97.7%€1.5mwithin the sector's middle half
Solvency9.0%below the sector's middle half▲ 0.2pp9.0%below the sector's middle half=12.1%below the sector's middle half▲ 3.1pp16.7%below the sector's middle half▲ 4.6pp14.8%below the sector's middle half▼ 2.0pp
Current ratio0.91below the sector's middle half▼ 0.020.92below the sector's middle half▲ 0.020.96below the sector's middle half▲ 0.031.00within the sector's middle half▲ 0.041.13below the sector's middle half▲ 0.13
Return on assets (ROA)8.5%above the sector's middle half▲ 1.4pp5.5%within the sector's middle half▼ 3.0pp8.7%above the sector's middle half▲ 3.2pp7.9%within the sector's middle half▼ 0.8pp7.3%within the sector's middle half▼ 0.6pp
Staff (FTE)60.4within the sector's middle half▲ 4.0%58.5within the sector's middle half▼ 3.1%61.5within the sector's middle half▲ 5.1%58.9within the sector's middle half▼ 4.2%65.5within the sector's middle half▲ 11.2%
above within below the middle half (P25 to P75) of NACE 21, Manufacture of basic pharmaceutical products and pharmaceutical preparations, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0mOperating result 2021: €1.4m€1.4mNet result 2021: €943,907€943,907Operating result 2022: €1.3m€1.3mNet result 2022: €787,159€787,159Operating result 2023: €2.2m€2.2mNet result 2023: €1.4m€1.4mOperating result 2024: €1.7m€1.7mNet result 2024: €1.0m€1.0mOperating result 2025: €1.9m€1.9mNet result 2025: €1.2m€1.2m20212022202320242025€0€1m€2mOperating result 2023: €2.2m€2.2mNet result 2023: €1.4m€1.4mOperating result 2024: €1.7m€1.7mNet result 2024: €1.0m€1mOperating result 2025: €1.9m€1.9mNet result 2025: €1.2m€1.2m202320242025
The operating result recovers in 2025; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.0m
Fixed assets €2.7m ▼ 18.3%
Current assets €13.2m ▲ 35.7%
Equity and liabilities €16.0m
Equity €2.4m ▲ 7.6%
Provisions €903,000 ▲ 41.1%
Debt €12.7m ▲ 23.8%
Debt's share of the balance-sheet total rises from 78.4% to 79.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.4m▲
2024 · €2.3m
Cash flow
€1.7m▲
2024 · €1.6m
Quick ratio
0.83▲
2024 · 0.56
Debt to equity
5.38▲
2024 · 4.68
ROE
49.4%▲
2024 · 47.5%
Interest coverage
18.84▲
2024 · 13.30
Debt ≤ 1 year
€11.8m▲
2024 · €9.8m
Income taxes
€483,070▲
2024 · €415,017
Staff costs
€7.0m▲
2024 · €6.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
2.4% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 378 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 83 lines
Balance sheet Code20242025
Assets
Total assets20/58€13.1m€16.0m▲
Fixed assets21/28€3.4m€2.7m▼
Intangible fixed assets21€46,123€3,870▼
Tangible fixed assets22/27€3.3m€2.7m▼
Land and buildings22€1.4m€1.4m▼
Plant, machinery and equipment23€1.3m€1.1m▼
Furniture and vehicles24€456,848€82,482▼
Assets under construction and advance payments27€119,089€197,010▲
Financial fixed assets28€6,000€6,000=
Other financial fixed assets284/8€6,000€6,000=
Amounts receivable and cash guarantees285/8€6,000€6,000=
Current assets29/58€9.8m€13.2m▲
Stocks and contracts in progress3€4.3m€3.5m▼
Stocks30/36€2.7m€2.2m▼
Raw materials and consumables30/31€1.2m€1.1m▼
Work in progress32€198,514€197,694▼
Finished goods33€312,574€451,509▲
Goods purchased for resale34€962,653€489,837▼
Contracts in progress37€1.6m€1.3m▼
Amounts receivable within one year40/41€5.2m€9.2m▲
Trade receivables40€5.0m€9.1m▲
Other amounts receivable41€223,953€125,340▼
Cash at bank and in hand54/58€53,444€394,245▲
Deferred charges and accrued income490/1€156,628€83,536▼
Equity and liabilities
Total equity and liabilities10/49€13.1m€16.0m▲
Equity10/15€2.2m€2.4m▲
Contributions10/11€180,000€180,000=
Capital10€180,000€180,000=
Issued capital100€180,000€180,000=
Reserves13€18,000€18,000=
Non-distributable reserves130/1€18,000€18,000=
Legal reserve130€18,000€18,000=
Profit (loss) carried forward14€2.0m€2.2m▲
Provisions and deferred taxes16€640,000€903,000▲
Provisions for liabilities and charges160/5€640,000€903,000▲
Other liabilities and charges164/5€640,000€903,000▲
Amounts payable17/49€10.3m€12.7m▲
Amounts payable within one year42/48€9.8m€11.8m▲
Financial debts43€3.9m€3.4m▼
Other loans439€3.9m€3.4m▼
Trade debts44€2.3m€4.1m▲
Suppliers440/4€2.3m€4.1m▲
Advances received on contracts in progress46€1.2m€1.5m▲
Taxes, remuneration and social security45€1.6m€1.7m▲
Taxes450/3€484,020€688,518▲
Remuneration and social security454/9€1.1m€1.0m▼
Other amounts payable47/48€750,000€1.0m▲
Accrued charges and deferred income492/3€504,516€965,413▲
Income statement Code20242025
Operating income70/76A€40.6m€45.5m▲
Turnover70€39.9m€43.4m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€2.2m-€1.3m▲
Other operating income74€2.9m€3.3m▲
Non-recurring operating income76A-€36,374
Operating charges60/66A€38.9m€43.7m▲
Goods for resale, raw materials and consumables60€25.2m€28.8m▲
Purchases600/8€25.2m€28.7m▲
Change in stocks: decrease (increase)609-€12,859€8,398▲
Services and other goods61€6.4m€7.2m▲
Remuneration, social security and pensions62€6.0m€7.0m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€576,331€537,927▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1,327-€125,208▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€202,000€263,000▲
Other operating charges640/8€140,736€93,769▼
Non-recurring operating charges66A€278,352€0▼
Operating profit (loss)9901€1.7m€1.9m▲
Financial income75/76B€52,858€16,296▼
Recurring financial income75€52,858€16,296▼
Income from current assets751€48,308€0▼
Other financial income752/9€4,550€16,296▲
Financial charges65/66B€294,511€237,823▼
Recurring financial charges65€294,511€237,823▼
Debt charges650€171,025€127,886▼
Other financial charges652/9€123,487€109,937▼
Profit (loss) for the period before taxes9903€1.5m€1.6m▲
Income taxes67/77€415,017€483,070▲
Taxes670/3€415,017€483,070▲
Profit (loss) for the period9904€1.0m€1.2m▲
Profit (loss) for the period to be appropriated9905€1.0m€1.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.7m€3.2m▲
Profit (loss) brought forward from the previous period14P€1.7m€2.0m▲
Profit to be distributed694/7€750,000€1.0m▲
Return on contributions (dividend)694€750,000€1.0m▲
Social balance
Average headcount (FTE)908758.965.5▲

The notes to these accounts (63 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€36.0m€39.4m€46.9m€40.6m€45.5m▲ 12.1%
Turnover70€32.9m€36.1m€42.1m€39.9m€43.4m▲ 8.8%
Change in stocks of work in progress, finished goods and contracts in progress71€236,190€64,306€1.8m-€2.2m-€1.3m▲ 43.5%
Other operating income74€2.8m€3.2m€3.0m€2.9m€3.3m▲ 13.9%
Non-recurring operating income76A----€36,374-
Operating charges60/66A€34.5m€38.1m€44.7m€38.9m€43.7m▲ 12.2%
Goods for resale, raw materials and consumables60€23.4m€26.2m€31.9m€25.2m€28.8m▲ 14.0%
Purchases600/8€23.7m€27.3m€31.5m€25.2m€28.7m▲ 13.9%
Change in stocks: decrease (increase)609-€312,865-€1.1m€426,394-€12,859€8,398▲ 165%
Services and other goods61€4.8m€5.5m€5.8m€6.4m€7.2m▲ 11.4%
Remuneration, social security and pensions62€6.1m€6.2m€6.3m€6.0m€7.0m▲ 15.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€532,984€507,178€534,852€576,331€537,927▼ 6.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€82,556€783-€32,455€1,327-€125,208▼ 9,535%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€520,939-€314,652€109,000€202,000€263,000▲ 30.2%
Other operating charges640/8€69,954€73,504€82,683€140,736€93,769▼ 33.4%
Non-recurring operating charges66A---€278,352€0▼ 100%
Operating profit (loss)9901€1.4m€1.3m€2.2m€1.7m€1.9m▲ 10.1%
Financial income75/76B€3,937€59,839€4,508€52,858€16,296▼ 69.2%
Recurring financial income75€3,937€59,839€4,508€52,858€16,296▼ 69.2%
Income from current assets751€0--€48,308€0▼ 100%
Other financial income752/9€3,937€59,839€4,508€4,550€16,296▲ 258%
Financial charges65/66B€136,468€247,563€314,165€294,511€237,823▼ 19.2%
Recurring financial charges65€136,468€247,563€314,165€294,511€237,823▼ 19.2%
Debt charges650€44,457€84,703€193,458€171,025€127,886▼ 25.2%
Other financial charges652/9€92,010€162,860€120,707€123,487€109,937▼ 11.0%
Profit (loss) for the period before taxes9903€1.3m€1.1m€1.9m€1.5m€1.6m▲ 13.2%
Income taxes67/77€371,433€308,901€533,408€415,017€483,070▲ 16.4%
Taxes670/3€371,433€308,901€533,408€415,017€483,070▲ 16.4%
Tax adjustments and reversals of tax provisions77€0-----
Profit (loss) for the period9904€943,907€787,159€1.4m€1.0m€1.2m▲ 11.9%
Profit (loss) for the period to be appropriated9905€943,907€787,159€1.4m€1.0m€1.2m▲ 11.9%
Line20212022202320242025Change
Assets
Total assets20/58€11.1m€14.2m€15.7m€13.1m€16.0m▲ 21.9%
Fixed assets21/28€2.9m€3.2m€3.4m€3.4m€2.7m▼ 18.3%
Intangible fixed assets21€17,312€10,194€70,089€46,123€3,870▼ 91.6%
Tangible fixed assets22/27€2.9m€3.2m€3.3m€3.3m€2.7m▼ 17.3%
Land and buildings22€1.5m€1.5m€1.4m€1.4m€1.4m▼ 0.8%
Plant, machinery and equipment23€1.1m€1.2m€1.4m€1.3m€1.1m▼ 19.6%
Furniture and vehicles24€304,772€604,642€528,381€456,848€82,482▼ 81.9%
Assets under construction and advance payments27---€119,089€197,010▲ 65.4%
Financial fixed assets28€6,000€6,000€6,000€6,000€6,000=
Other financial fixed assets284/8€6,000€6,000€6,000€6,000€6,000=
Amounts receivable and cash guarantees285/8€6,000€6,000€6,000€6,000€6,000=
Current assets29/58€8.1m€11.0m€12.3m€9.8m€13.2m▲ 35.7%
Stocks and contracts in progress3€4.0m€5.2m€6.5m€4.3m€3.5m▼ 18.3%
Stocks30/36€2.1m€3.2m€2.9m€2.7m€2.2m▼ 17.3%
Raw materials and consumables30/31€867,672€1.6m€1.1m€1.2m€1.1m▼ 10.7%
Work in progress32€190,254€251,589€318,948€198,514€197,694▼ 0.4%
Finished goods33€507,887€371,435€443,587€312,574€451,509▲ 44.4%
Goods purchased for resale34€540,297€973,978€1.0m€962,653€489,837▼ 49.1%
Contracts in progress37€1.9m€2.0m€3.6m€1.6m€1.3m▼ 19.8%
Amounts receivable within one year40/41€4.1m€5.5m€5.3m€5.2m€9.2m▲ 76.7%
Trade receivables40€3.7m€5.3m€5.2m€5.0m€9.1m▲ 82.1%
Other amounts receivable41€362,331€221,792€90,041€223,953€125,340▼ 44.0%
Cash at bank and in hand54/58€0€234,009€396,914€53,444€394,245▲ 638%
Deferred charges and accrued income490/1€82,547€43,194€78,923€156,628€83,536▼ 46.7%
Equity and liabilities
Total equity and liabilities10/49€11.1m€14.2m€15.7m€13.1m€16.0m▲ 21.9%
Equity10/15€993,186€1.3m€1.9m€2.2m€2.4m▲ 7.6%
Contributions10/11€180,000€180,000€180,000€180,000€180,000=
Capital10€180,000€180,000€180,000€180,000€180,000=
Issued capital100€180,000€180,000€180,000€180,000€180,000=
Reserves13€18,000€18,000€18,000€18,000€18,000=
Non-distributable reserves130/1€18,000€18,000€18,000€18,000€18,000=
Legal reserve130€18,000€18,000€18,000€18,000€18,000=
Profit (loss) carried forward14€795,186€1.1m€1.7m€2.0m€2.2m▲ 8.3%
Provisions and deferred taxes16€643,652€329,000€438,000€640,000€903,000▲ 41.1%
Provisions for liabilities and charges160/5€643,652€329,000€438,000€640,000€903,000▲ 41.1%
Other liabilities and charges164/5€643,652€329,000€438,000€640,000€903,000▲ 41.1%
Amounts payable17/49€9.4m€12.6m€13.4m€10.3m€12.7m▲ 23.8%
Amounts payable within one year42/48€9.0m€11.9m€12.9m€9.8m€11.8m▲ 20.3%
Financial debts43€2.9m€3.8m€4.0m€3.9m€3.4m▼ 13.2%
Credit institutions430/8€56,289€0----
Other loans439€2.8m€3.8m€4.0m€3.9m€3.4m▼ 13.2%
Trade debts44€1.7m€4.3m€3.1m€2.3m€4.1m▲ 74.9%
Suppliers440/4€1.7m€4.3m€3.1m€2.3m€4.1m▲ 74.9%
Advances received on contracts in progress46€1.8m€1.7m€3.5m€1.2m€1.5m▲ 29.2%
Taxes, remuneration and social security45€1.7m€1.5m€1.5m€1.6m€1.7m▲ 9.0%
Taxes450/3€620,805€482,903€469,549€484,020€688,518▲ 42.2%
Remuneration and social security454/9€1.1m€998,226€1.1m€1.1m€1.0m▼ 5.5%
Other amounts payable47/48€900,000€500,000€750,000€750,000€1.0m▲ 33.3%
Accrued charges and deferred income492/3€448,930€734,229€478,225€504,516€965,413▲ 91.4%
Line20212022202320242025Change
Profit (loss) for the period9904€943,907€787,159€1.4m€1.0m€1.2m▲ 11.9%
+ Depreciation and write-downs630€532,984€507,178€534,852€576,331€537,927▼ 6.7%
Operating cash flow (approximation)€1.5m€1.3m€1.9m€1.6m€1.7m▲ 5.3%
Investment in fixed assets (approximation)--€819,116-€674,917-€546,333€75,996▲ 114%
Change in cash-€234,009€162,905-€343,470€340,800▲ 199%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
State Gazette act Resignations: VAN DIJK Geert, VAN dE VOORDE Kathleen Julia René and 2 others
Reappointments: VAN DIJK Geert, VAN dE VOORDE Kathleen Julia René and 2 others · Statutes amendment · Capital22 facts ▸
  • General meeting, 16-07-2026
  • Statutes amendment
  • Statutes amendment
  • Capital, €180.000
  • Registered office clause, Industriepark 10, 9031 Gent, Drongen
  • Director resignation, VAN DIJK Geert (director)
  • Director resignation, VAN dE VOORDE Kathleen Julia René (director)
  • Director resignation, DRAKE Tony Anthony (director)
  • Director resignation, dE JUST Erwin Willem (director)
  • Director discharge, VAN DIJK Geert
  • Director discharge, VAN dE VOORDE Kathleen Julia René
  • Director discharge, DRAKE Tony Anthony
  • +10 further facts in this act
10-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
23-06
State Gazette act Resignation: Barbara van Driessche (director)
6 facts ▸
  • General meeting, 25-03-2026
  • Director resignation, Barbara van Driessche (director)
  • Board composition, Geert-Jacob van Dijk (director)
  • Board composition, Kathleen Van de Voorde (director)
  • Board composition, Tony Drake (director)
  • Board composition, Erwin De Just (director)
2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €2mEq €2.2m ▲15.3%
7 profitable years in a row build equity to €2.2m.
04-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Highest result since 2018net €1.4m ▲74.5%
Operating result €2.2m, net result €1.4m, both a record.
16-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €1mEq €1.3m ▲28.9%
5 profitable years in a row build equity to €1.3m.
18-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
20-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
03-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
Show earlier events
2019
14-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 17 acts read
About the unread acts

Of the 17 Belgian State Gazette acts we know for this company, 2 have been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26356971). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
dE JUST Erwin Willem
Non-statutory director
Current
DRAKE Tony Anthony
Non-statutory director
Current
Current
VAN DIJK Geert
Non-statutory director
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 17 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 1985
seat establishment All 2 establishment units on the map
Ground area
1.8 ha
Building footprint
6,743 m²
Volume, LiDAR
106 m³
2 parcels, Flanders · tallest building 17.3 m. Linked by address, not a title deed.
2 establishment units
Industriepark-Drongen 10, 9031 Gent
Manufacture of basic metals
since 19852.027.542.401
Melktechniek West-Vlaanderen
Eekhoutstraat 2, 8755 WingeneRepair and maintenance of machinery
since 20232.361.616.834
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44017D0845/00F000 Flanders 1.7 ha 1 · 6,370 m² -
37012D0171/00Y000 Flanders 1,076 m² 1 · 373 m² 17.3 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

5 people since 2026, 4 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
dE JUST Erwin Willem
  • Director, until 31-08-2026
  • Non-statutory director, already before 31-08-2026 to date
DRAKE Tony Anthony
  • Director, until 31-08-2026
  • Non-statutory director, already before 31-08-2026 to date
VAN dE VOORDE Kathleen Julia René
  • Director, until 31-08-2026
  • Non-statutory director, already before 31-08-2026 to date
VAN DIJK Geert
  • Director, until 31-08-2026
  • Non-statutory director, already before 31-08-2026 to date
Barbara van Driessche
  • Director, until 31-03-2026
See the board, name and seat on a given date →

Articles of association

Who signs
Annual meeting
“4. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze bijzondere volmachtdragers binnen de grenzen van hun volmacht, onverminderd de verantwoordelijkheid van de raad van bestuur in geval van overdreven volmacht.…”
Full text

4. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze bijzondere volmachtdragers binnen de grenzen van hun volmacht, onverminderd de verantwoordelijkheid van de raad van bestuur in geval van overdreven volmacht. 12.9 Vergoeding van de bestuurders Het mandaat van bestuurder wordt niet bezoldigd behoudens andersluidende beslissing van de algemene vergadering. Algemene vergadering - Organisatie en bijeenroeping De gewone algemene vergadering wordt jaarlijks gehouden op de vijftiende dag van de maand mei om veertien uur. Indien die dag een wettelijke feestdag of een zondag is, heeft de vergadering plaats op de eerstvolgende werkdag. De gewone, bijzondere en buitengewone algemene vergaderingen worden gehouden op de zetel van de vennootschap of op elke andere plaats vermeld in de oproeping. De oproepingen tot een algemene vergadering vermelden de agenda en worden tenminste vijftien (15) dagen voor de algemene vergadering verstuurd per e-mail. Voor de personen waarvoor de vennootschap niet over een e-mailadres beschikt, worden de oproepingen verstuurd per gewone post gelijktijdig met de verzending van de oproepingen per e-mail.

Purpose
De vervaardiging,invoer,aankoop,behandeling,verdeling,uitvoer en verkoop van dierengeneeskundige en farmaceutische producten voor dieren,dierenvoeders,toevoegingen voor…
Full purpose (3 activities)
  1. De vervaardiging,invoer,aankoop,behandeling,verdeling,uitvoer en verkoop van dierengeneeskundige en farmaceutische producten voor dieren,dierenvoeders,toevoegingen voor voeders,producten met betrekking tot de gezondheid van dieren,en alle andere producten,chemische zowel als andere,bedoeld voor niet-menselijke consumptie alsmede alle producten met betrekking tot de vervaardiging,behandeling,kwaliteit en bewaring van voedingsmiddelen en melkproducten voor menselijk gebruik.
  2. De vervaardiging,ontwikkeling en verkoop van alle uitrusting met betrekking tot deze producten.
  3. De vervaardiging,invoer,aankoop,ontwikkeling,verdeling,uitvoer en verkoop van de apparatuur en producten bestemd voor de veehouderij.
Legal form clause
Registered office clause
One provision in the deed
Board rule
12.1 Samenstelling raad van bestuur, hoogstens zes jaar
Bevoegdheden raad van bestuur, alle handelingen nodig of dienstig voor verwezenlijking voorwerp
Other statement
Raad kiest voorzitter uit midden, 12.2 Voorzitterschap raad van bestuur
Plaats in oproeping,bij gebrek zetel vennootschap, 12.3 Bijeenroeping raad van bestuur
Elke bestuurder kan schriftelijke volmacht aan collega voor bepaalde raad met stem,lastgever geacht aanwezig, 12.4 Besluitvorming raad van bestuur
12.5 Notulen raad van bestuur, voorzitter,gedelegeerd-bestuurder of ten minste twee bestuurders
Binnen dagelijks bestuur alleen optreden, dagelijks bestuur
Vergoeding bestuurders, andersluidende beslissing algemene vergadering
Oproeping algemene vergadering, gewone post voor personen zonder e-mailadres gelijktijdig
Voorzitter raad van bestuur, samenstelling bureau
Beraadslaging
Bestemming winst, één tiende van kapitaal
1 more provision on this in the deed

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of DELAVAL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

4 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Capital over the years
  1. 31-08-2026 Capital stated in the act · 180,000 EUR · 7,250 shares

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 11,694 EUR awarded · 9,974 EUR paid
Year Entries awardedpaid
2025 1 281 EUR281 EUR
2024 1 841 EUR841 EUR
2023 2 2,300 EUR3,260 EUR
2022 3 8,272 EUR5,592 EUR
Schemes
2 entries · 4,430 EUR · 4,430 EUR paid · Departement Werk en Sociale Economie
4 entries · 3,802 EUR · 2,082 EUR paid · Fonds voor Innoveren en Ondernemen
1 entry · 3,462 EUR · 3,462 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Dual-learning approval

7 live approvals
Elektromecanicien (vwo)
Goedgekeurd · 2025 to 2030
Elektromecanicien duaal (so)
Goedgekeurd · 2025 to 2030
Elektromechanische technieken duaal (so)
Goedgekeurd · 2025 to 2030
Onderhoudsmonteur (vwo)
Goedgekeurd · 2025 to 2030
Preventief onderhoud machines en installaties duaal (so)
Goedgekeurd · 2025 to 2030
Technieker industriële procesautomatisatie (vwo)
Goedgekeurd · 2025 to 2030
Show 1 more
Technieker industriële procesautomatisatie duaal (so)
Goedgekeurd · 2025 to 2030

Similar companies · same sector, comparable size

Of 97 companies in sector 21209 we hold annual accounts for 74. 42 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded15-07-1985
Fiscal year end31-12
Activities, NACEBEL 2025
21209Manufacture of basic pharmaceutical products and pharmaceutical preparations
46610Wholesale trade
28300Manufacture of machinery and equipment not elsewhere classified
Contact
E-mail info@mtwv.beWingene
Phone 053460487Wingene
E-invoicing
Reachable via Peppol
Peppol ID 0208:0427530468

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.