DELBOR

Active

Public limited companyfounded 199432 yrs activeTheo Nuyttenslaan 5, 8540 Deerlijk, BelgiumKBO/BCE: BE 0451.880.537

DELBOR has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €109k and a net result of €40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2026

60 / 100

Healthy▼ -16 vs 2025

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2025

Profitability100=

Solvency25▲+4

Growth58=

Stability100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €7k at 30 days acceptable

Liquidity tight (current ratio 1.18 against 1.12 in 2025), and 84.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

8 signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2026

Solvency, return and age of the figures

Solvency

15.1%

Return on assets

5.6%

Age of the figures

7 mo

Growing equity

Equity grew over 2024-2026. Profits are largely retained rather than distributed.

NBB · annual accounts 2026

Equity per financial year

23242526

2023 to 2026 · latest year €109k

Latest accounts filed on time

The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 17-07-2026, 45 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

45 d early

2025

45 d early

2024

11 d early

2023

55 d early

2022

47 d early

2021

49 d early

2020

49 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

04-09-2026 today31-01-2027 close31-08-2027 deadline

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

Financials · fiscal year 2026, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€40k▼ 6.0%

2025 · €43k

2023: €39k 2024: €34k 2025: €43k

2023 → 2026

Working capital

€109k▲ 59.3%

2025 · €68k

2023: €98k 2024: €65k 2025: €68k

2023 → 2026

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2023202420252026Trend

Equity€474k-€65k▼ 86.3%€68k▲ 4.6%€109k▲ 59.3%

Operating result€52k-€62k▲ 19.1%€66k▲ 5.8%€78k▲ 17.6%

Net result€39k-€34k▼ 12.4%€43k▲ 26.0%€40k▼ 6.0%

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2026 is 18% above 2025 and is the highest year so far.

Balance-sheet composition

2026 in colour, 2025 as the grey bar beneath

Equity and liabilities €720k

15.1%

84.9%

Equity €109k▲ 59.3%

Debt €611k▲ 7.6%

The debt ratio falls from 89.3% to 84.9%: equity grows faster than debt.

Key figures and ratios

2026 value · change against 2025

Solvency

15.1%▲

2025 · 10.7%

Current ratio

1.18▲

2025 · 1.12

Quick ratio

1.18▲

2025 · 1.12

Debt / equity

5.63▼

2025 · 8.34

ROE

37.2%▼

2025 · 63.2%

ROA

5.6%▼

2025 · 6.8%

Debt

€611k▲

2025 · €568k

Debt ≤ 1 year

€611k▲

2025 · €568k

Income taxes

€37k▲

2025 · €23k

Staff costs

€2.90M▲

2025 · €2.58M

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2026

Balance sheet Code2026

Total assets 20/58€720k

Current assets 29/58€720k

Amounts receivable within one year 40/41€715k

Cash & bank 54/58€3k

Total equity & liabilities 10/49€720k

Equity 10/15€109k

Contributions / capital 10/11€62k

Reserves 13€47k

Accumulated profits (losses) 14€0

Amounts payable 17/49€611k

Amounts payable within one year 42/48€611k

Trade debts payable within one year 44€29k

Income statement Code2026

Gross operating margin 9900€2.98M

Operating result 9901€78k

Financial charges 65€178

Result before taxes 9903€78k

Income taxes 67/77€37k

Net result for the period 9904€40k

Result to be appropriated 9905€40k

This is the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Timeline · acts, filings and financial milestones

All 20Financial 3Gazette 7Filings 10

Next filing, fiscal year 2027, expected by 31-08-2027

2026

17-07

NBB filing Annual accounts filed

fiscal year 2026 · full schema

05-05

State Gazette act Open capture

Officer resignation · Officer appointment · Mandate compensation · Representation rule

31-01

Financial Equity above €100kEq €109k ▲59.3%

4 profitable years in a row build equity to €109k.

2025

02-10

State Gazette act Director changes

v3.2

17-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

31-01

Financial Highest result since 2023net €43k ▲26%

Net result €43k, the highest in the series.

2024

20-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

31-01

Financial Weakest financial yearnet €34k ▼12.4%

Net result drops to €34k, the lowest in the series; recovery starts the following year.

2023

13-12

State Gazette act Miscellaneous

completed · Philippe DEFAUW

07-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2022

15-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2021

13-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2020

01-12

State Gazette act Director changes

v3.2

13-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2019

18-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2018

10-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2017

31-10

State Gazette act Director changes

v3.2

13-07

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2015

25-06

State Gazette act Director changes

v3.2

2014

07-11

State Gazette act Statutes amendment

v3.2

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 directors, no change since 2025

AMOGO

Managing director · since 31-07-2024 · Private limited company · perm. rep.: Delfosse Charlotte

Current

20-06-2025 Benoit Lode: Resigned as Director

31-07-2024 AMOGO: Appointed as Managing director

Location & real-estate footprint

Registered office, Deerlijk · 1 establishment unit since 1994

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Theo Nuyttenslaan 58540 Deerlijk

Ground area

3.2 ha

Building footprint

1.8 ha

Volume, LiDAR

128,464 m³

Parcel 34392C0592/00F002, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

PODIUM

Theo Nuyttenslaan 5, 8540 DeerlijkNACE 52423

since 19942.065.471.181

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34392C0592/00F002	Flanders	3.2 ha	1 · 1.8 ha	12.2 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor

VRC BEDRIJFSREVISORENCurrent

Statutory auditor · represented by Bart Roobrouck

27-06-2014 → present

Structure & network

Connections & network

3 connected companies

Shared directors

Network connections

Delmakor

Shared corporate director

→

FABRIMODE

Shared corporate director

→

RETAIL SOFT

Shared corporate director

→

Ownership & control

1 party

Control over this companysits on this company's board1

AMOGO

4 subsidiaries · 1 location

controls

DELBORBE 0451.880.537

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Heusden-Zolder · Eq €109k

Industrial Carpet and Broadloom Manufacturing International

BE 0424.795.068

Knokke-Heist · Eq €108k

Of 11,999 companies in sector 68203 we hold annual accounts for 5,662. 3,631 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded19-01-1994

Fiscal year end31-01

Activities, NACEBEL

68203Renting and operating of own or leased non-residential real estate, excluding land

82100Office administrative and support services

82110Office administrative, office support and other business support activities

Sources

Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 20-07-2026. Scores and ratios are computed by Checked and are not a credit decision.