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DELCO

Active
Private limited companyfounded 20205 yrs activeRue de la Victoire(REM) 83, 4350 Remicourt, BelgiumKBO/BCE: BE 0758.543.364
Summary

DELCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For DELCO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €4,895 and a net result of -€40,859. Equity is shrinking by ~52.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 16% of 9866 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: One filing cycle is missing
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 239 days later.
NBB · 3 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 21-02-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
21 d late
2023
49 d late
2022
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 23 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
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

DELCO was incorporated on 18 November 2020 as a Private limited company.1 Total assets fell from EUR 86,396 in 2022 to EUR 42,266 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€4,895▼ 89.3%
2023 · €45,754
Net result
-€40,859▼ 467%
2023 · -€7,207
Total assets
€42,266▼ 65.2%
2023 · €121,298
Solvency
11.6%▼ 26.1pp
2023 · 37.7%
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€65,771--€7,266-€39,263▼ 440%
Net result€50,755--€7,207-€40,859▼ 467%
Equity€52,961-€45,754▼ 13.6%€4,895▼ 89.3%
Total assets€86,396-€121,298▲ 40.4%€42,266▼ 65.2%
Debt€33,435-€75,543▲ 126%€37,371▼ 50.5%
Working capital€52,961-€45,754▼ 13.6%€4,895▼ 89.3%
Solvency61.3%-37.7%▼ 23.6pp11.6%▼ 26.1pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2022: €65,771€65,771Net result 2022: €50,755€50,755Operating result 2023: -€7,266-€7,266Net result 2023: -€7,207-€7,207Operating result 2024: -€39,263-€39,263Net result 2024: -€40,859-€40,859202220232024-€50,000€0€50,000Operating result 2022: €65,771€65,800Net result 2022: €50,755€50,800Operating result 2023: -€7,266-€7,270Net result 2023: -€7,207-€7,210Operating result 2024: -€39,263-€39,300Net result 2024: -€40,859-€40,900202220232024
The operating result stays negative: a loss of €39,263 in 2024 against €7,266 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €42,266
Equity €4,895 ▼ 89.3%
Debt €37,371 ▼ 50.5%
Debt's share of the balance-sheet total rises from 62.3% to 88.4%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
ROE
-834.7%▼
2023 · -15.8%
ROA
-96.7%▼
2023 · -5.9%
Debt ≤ 1 year
€37,371▼
2023 · €75,543
Income taxes
€214▼
2023 · €390
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€121,298€42,266▼
Current assets29/58€121,298€42,266▼
Amounts receivable within one year40/41€119,918€42,255▼
Trade receivables40€119,918€41,592▼
Other amounts receivable41-€663
Cash at bank and in hand54/58€1,380€11▼
Equity and liabilities
Total equity and liabilities10/49€121,298€42,266▼
Equity10/15€45,754€4,895▼
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€43,754€2,895▼
Amounts payable17/49€75,543€37,371▼
Amounts payable within one year42/48€75,543€37,371▼
Trade debts44€21,026€15,846▼
Suppliers440/4€21,026€15,846▼
Taxes, remuneration and social security45€42,766€6,256▼
Taxes450/3€42,246€6,256▼
Remuneration and social security454/9€520-
Other amounts payable47/48€11,751€15,270▲
Income statement Code20232024
Other operating charges640/8€45-
Non-recurring operating charges66A€2,840€2,186▼
Gross operating margin9900-€4,381-€37,077▼
Operating profit (loss)9901-€7,266-€39,263▼
Financial income75/76B€1,026€388▼
Recurring financial income75€1,026€388▼
Non-recurring financial income76B€1,026€388▼
Financial charges65/66B€576€1,770▲
Recurring financial charges65€576€1,770▲
Profit (loss) for the period before taxes9903-€6,817-€40,645▼
Income taxes67/77€390€214▼
Profit (loss) for the period9904-€7,207-€40,859▼
Profit (loss) for the period to be appropriated9905-€7,207-€40,859▼
Appropriation of the result
Profit (loss) to be appropriated9906€43,754€2,895▼
Profit (loss) brought forward from the previous period14P€50,961€43,754▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Other operating charges640/8€348€45--
Non-recurring operating charges66A€90€2,840€2,186▼ 23.0%
Gross operating margin9900€66,208-€4,381-€37,077▼ 746%
Operating profit (loss)9901€65,771-€7,266-€39,263▼ 440%
Financial income75/76B-€1,026€388▼ 62.2%
Recurring financial income75-€1,026€388▼ 62.2%
Non-recurring financial income76B-€1,026€388▼ 62.2%
Financial charges65/66B€132€576€1,770▲ 207%
Recurring financial charges65€132€576€1,770▲ 207%
Profit (loss) for the period before taxes9903€65,639-€6,817-€40,645▼ 496%
Income taxes67/77€14,884€390€214▼ 45.1%
Profit (loss) for the period9904€50,755-€7,207-€40,859▼ 467%
Profit (loss) for the period to be appropriated9905€50,755-€7,207-€40,859▼ 467%
Line202220232024Change
Assets
Total assets20/58€86,396€121,298€42,266▼ 65.2%
Current assets29/58€86,396€121,298€42,266▼ 65.2%
Amounts receivable within one year40/41€79,862€119,918€42,255▼ 64.8%
Trade receivables40€77,704€119,918€41,592▼ 65.3%
Other amounts receivable41€2,158-€663-
Cash at bank and in hand54/58€6,535€1,380€11▼ 99.2%
Equity and liabilities
Total equity and liabilities10/49€86,396€121,298€42,266▼ 65.2%
Equity10/15€52,961€45,754€4,895▼ 89.3%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14€50,961€43,754€2,895▼ 93.4%
Amounts payable17/49€33,435€75,543€37,371▼ 50.5%
Amounts payable within one year42/48€33,435€75,543€37,371▼ 50.5%
Trade debts44€10,647€21,026€15,846▼ 24.6%
Suppliers440/4€10,647€21,026€15,846▼ 24.6%
Taxes, remuneration and social security45€14,952€42,766€6,256▼ 85.4%
Taxes450/3€14,952€42,246€6,256▼ 85.2%
Remuneration and social security454/9-€520--
Other amounts payable47/48€7,837€11,751€15,270▲ 29.9%
Line202220232024Change
Profit (loss) for the period9904€50,755-€7,207-€40,859▼ 467%
Operating cash flow (approximation)€50,755-€7,207-€40,859▼ 467%
Change in cash--€5,155-€1,369▲ 73.4%

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

2025
21-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
30-06
Financial Weakest financial yearnet -€40,859
Net result drops to -€40,859, the lowest in the series.
20-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Remicourt · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,249 m²
Building footprint
150 m²
Volume, LiDAR
867 m³
Parcel 64039A0272/00K000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DELCO
Rue de la Victoire(REM) 83, 4350 RemicourtHoldings
since 20202.314.843.830
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64039A0272/00K000 Wallonia 1,249 m² 1 · 150 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 3,241 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-11-2020
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Contact
E-mail philippe.cloots@progeco-sprl.be
Phone +32497411533
E-invoicing
Reachable via Peppol
Peppol ID 0208:0758543364
Registered 27-06-2025

Register as of 27 September 2026 · Peppol Directory

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