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DELCO

Active Private limited companyfounded 1986active for 40 yearsTweede Aardstraat 3, 8531 HarelbekeKBO/BCE: BE 0428.734.456

Lifetime

20 annual accounts with figures on one time axis, 40 filings since 1987
peak €55,548 (2012)
€7,396▲ €17,120
lowest -€42,318 (2009)
€4,880▲ €15,909
peak €27,639 (2013)
-€92,842▲ €4,880
€515,785▼ 5.5%
peak 1 FTE (2009)
-not published
Board1 name since 2010
1 director
Documentsfilings and deeds
29-09-202632 days before the deadline
2026micro format
Gross margin from -€9,724 to €7,396Back to profit: €4,880Cash from €643 to €27,008

Key points

from the 2026 annual accounts

Equity

-€92,842
202120222023202420252026

Debts exceed assets in financial year 2026.

Turnover

≈ €72,000 estimated

The micro format states no turnover.

Debts

€515,785 122% of the balance sheet
Financial debts 87%Suppliers 4%Other 9%

Of this, €65,785 falls due within a year.

Liquidity

6.11 was 4.43 in 2025

Short-term debts fell from €95,953 to €65,785.

Filings

40 annual accounts since 1987
deadline1990200020102020

Four of the last ten came late. The 2023 accounts came latest: 29 days after the end of the period.

Position in the sector

-€92,842

Less equity than 95% of companies in wholesale trade. Sector median €83,762 · 577 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,451 companies had the same profile as DELCO has now. Each dot stands for 4 companies, two years later.

92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 1,451 companies, not a prediction for DELCO. 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.

Credit verdict

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

Signals

Board and ownership

Director, since 07-09-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0428734456
Change of role: , from manager to director Director discharge: · Gazette deed
Registered office moved from Hertsberge to Bavikhove New registered office: Tweede Aardstraat 3, 8531 Bavikhove · Previous registered office: Wingensestraat 54, 8020 Hertsberge, België · Gazette deed
Registered office moved within Hertsberge New registered office: Wingensestraat 54, 8020 Hertsberge · Previous registered office: Waterputdreef 15, 8020 Hertsberge, België · Gazette deed
All 52 events

Comparable companies

same main activity, similar in size and age
Company
DELCO Harelbeke €422,943 €7,396 -22.0% -
WOTAN Lokeren €453,186 €11,333 16.3% -
Beldeco - Europe Bruges €220,993 €5,424 89.3% -
HUIS LAMBRECHTS Heist-op-den-Berg €338,562 €17,272 57.4% -
CLIMATSOL Mons €826,854 €12,334 75.9% -
SCHULJIN Wommelgem €283,364 €17,777 30.2% -
VIERBOETE CONSTRUCT Ostend €895,641 €11,238 20.0% -

These companies have the same main activity as DELCO: wholesale of other household goods (NACE 46499). They are comparable in size and age: total assets between €221,000 and €896,000, founded between 1983 and 1992.

Official details

Source: KBO
Status
Active since 24-03-1986Normal situation
Activity
Wholesale of other household goodsNACE 46499and 2 others
Financial year end
31 March
Peppol
Reachable since 04-03-2026
Company details

Annual accounts to 31-03-2026

€422,943▼ 5.6%
Filing
Filed on 29-09-2026, 32 days before the end of the filing period
Financials

Insights on DELCO

DELCO files the micro format. That format states no turnover. The gross margin rose from -€662 in 2007 to €7,396 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about DELCO

What is the company number of DELCO?
The company number of DELCO is 0428.734.456. The VAT number is the same number with BE in front: BE 0428.734.456.
Where is DELCO based?
The registered office is at Tweede Aardstraat 3, 8531 Harelbeke.Company details
What does DELCO do?
According to the KBO register, the main activity is wholesale of other household goods (NACE 46499).
What is the legal form of DELCO?
DELCO is a private limited company (BV).
When was DELCO founded?
DELCO was founded on 24-03-1986.
Is DELCO still active?
Yes, DELCO is an active enterprise in the KBO register.
What is the turnover of DELCO?
The turnover in financial year 2026 is ≈ €72,000. This figure is estimated from the gross margin of €7,396 and 41 comparable companies (NACE 464). It probably lies between €37,000 and €300,000. It is a rough estimate.Financials
Is DELCO profitable?
In financial year 2026, DELCO made a profit of €4,880.
Where can I find the annual accounts of DELCO?
DELCO filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of DELCO due?
DELCO must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

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