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DELFLO

Active
Private limited companyfounded 20233 yrs activeRue des Métiers (Palenge) 28, 6940 Durbuy, BelgiumKBO/BCE: BE 0801.896.723
Summary

The computed 12-month bankruptcy probability of DELFLO is 1.9% (moderate). The 2025 annual accounts show equity of €7,286 and a net result of €5,213. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 11508 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+43
Solvency70▼-5
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
45.4%
Return on assets
32.5%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
1 d early
2024
28 d late
2023
40 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 4 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 30 July (3 of the last 3 filed years within 38 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

On 17 May 2023, DELFLO was incorporated as a Private limited company.1 In 2026 the registered office moved to Durbuy.2 Total assets went from EUR 17,640 in 2023 to EUR 16,052 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-06-2026
  3. 3National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€7,286=
2024 · €7,286
Total assets
€16,052▲ 10.2%
2024 · €14,570
Net result
€5,213▲ 358%
2024 · €1,139
Working capital
€7,286=
2024 · €7,286
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line202320242025
Operating result€1,459-€1,470▲ 0.8%€6,636▲ 351%
Net result€1,147within the sector's middle half-€1,139within the sector's middle half▼ 0.7%€5,213within the sector's middle half▲ 358%
Equity€6,147below the sector's middle half-€7,286within the sector's middle half▲ 18.5%€7,286within the sector's middle half=
Total assets€17,640below the sector's middle half-€14,570below the sector's middle half▼ 17.4%€16,052below the sector's middle half▲ 10.2%
Debt€11,493-€7,284▼ 36.6%€8,766▲ 20.3%
Working capital€6,147within the sector's middle half-€7,286within the sector's middle half▲ 18.5%€7,286within the sector's middle half=
Solvency34.8%within the sector's middle half-50.0%within the sector's middle half▲ 15.2pp45.4%within the sector's middle half▼ 4.6pp
Current ratio1.53within the sector's middle half-2.00within the sector's middle half▲ 0.471.83within the sector's middle half▼ 0.17
Return on assets (ROA)6.5%within the sector's middle half-7.8%within the sector's middle half▲ 1.3pp32.5%above the sector's middle half▲ 24.7pp
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000Operating result 2023: €1,459€1,459Net result 2023: €1,147€1,147Operating result 2024: €1,470€1,470Net result 2024: €1,139€1,139Operating result 2025: €6,636€6,636Net result 2025: €5,213€5,213202320242025€0€2,000€4,000€6,000Operating result 2023: €1,459€1,460Net result 2023: €1,147€1,150Operating result 2024: €1,470€1,470Net result 2024: €1,139€1,140Operating result 2025: €6,636€6,640Net result 2025: €5,213€5,210202320242025
The operating result has risen two years in a row; 2025 is 351% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €16,052
Equity €7,286 =
Debt €8,766 ▲ 20.3%
Debt's share of the balance-sheet total rises from 50.0% to 54.6%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
Quick ratio
1.59▼
2024 · 1.59
Debt to equity
1.20▲
2024 · 1.00
ROE
71.5%▲
2024 · 15.6%
Debt ≤ 1 year
€8,766▲
2024 · €7,284
Income taxes
€1,738▲
2024 · €285
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% 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 39,278 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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€14,570€16,052▲
Current assets29/58€14,570€16,052▲
Stocks and contracts in progress3€2,955€2,150▼
Stocks30/36€2,955€2,150▼
Amounts receivable within one year40/41€8,613€13,899▲
Trade receivables40€8,582€4,283▼
Other amounts receivable41€31€9,616▲
Cash at bank and in hand54/58€3,003€3▼
Equity and liabilities
Total equity and liabilities10/49€14,570€16,052▲
Equity10/15€7,286€7,286=
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€2,286€2,286=
Amounts payable17/49€7,284€8,766▲
Amounts payable within one year42/48€7,284€8,766▲
Trade debts44€831€935▲
Suppliers440/4€831€935▲
Taxes, remuneration and social security45€4,072€2,617▼
Taxes450/3€572€2,617▲
Remuneration and social security454/9€3,500-
Other amounts payable47/48€2,381€5,213▲
Income statement Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€1,858€7,036▲
Operating profit (loss)9901€1,470€6,636▲
Financial income75/76B-€369
Recurring financial income75-€369
Financial charges65/66B€47€55▲
Recurring financial charges65€47€55▲
Profit (loss) for the period before taxes9903€1,424€6,951▲
Income taxes67/77€285€1,738▲
Profit (loss) for the period9904€1,139€5,213▲
Profit (loss) for the period to be appropriated9905€1,139€5,213▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,286€7,499▲
Profit (loss) brought forward from the previous period14P€1,147€2,286▲
Profit to be distributed694/7-€5,213
Return on contributions (dividend)694-€5,213

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

Line202320242025Change
Other operating charges640/8€384€387€400▲ 3.2%
Gross operating margin9900€1,843€1,858€7,036▲ 279%
Operating profit (loss)9901€1,459€1,470€6,636▲ 351%
Financial income75/76B€0-€369-
Recurring financial income75€0-€369-
Financial charges65/66B€25€47€55▲ 17.4%
Recurring financial charges65€25€47€55▲ 17.4%
Profit (loss) for the period before taxes9903€1,434€1,424€6,951▲ 388%
Income taxes67/77€287€285€1,738▲ 510%
Profit (loss) for the period9904€1,147€1,139€5,213▲ 358%
Profit (loss) for the period to be appropriated9905€1,147€1,139€5,213▲ 358%
Line202320242025Change
Assets
Total assets20/58€17,640€14,570€16,052▲ 10.2%
Current assets29/58€17,640€14,570€16,052▲ 10.2%
Stocks and contracts in progress3€4,856€2,955€2,150▼ 27.2%
Stocks30/36€4,856€2,955€2,150▼ 27.2%
Amounts receivable within one year40/41€9,400€8,613€13,899▲ 61.4%
Trade receivables40€9,364€8,582€4,283▼ 50.1%
Other amounts receivable41€37€31€9,616▲ 31,161%
Cash at bank and in hand54/58€3,384€3,003€3▼ 99.9%
Equity and liabilities
Total equity and liabilities10/49€17,640€14,570€16,052▲ 10.2%
Equity10/15€6,147€7,286€7,286=
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14€1,147€2,286€2,286=
Amounts payable17/49€11,493€7,284€8,766▲ 20.3%
Amounts payable within one year42/48€11,493€7,284€8,766▲ 20.3%
Trade debts44€3,506€831€935▲ 12.5%
Suppliers440/4€3,506€831€935▲ 12.5%
Taxes, remuneration and social security45€4,287€4,072€2,617▼ 35.7%
Taxes450/3€287€572€2,617▲ 358%
Remuneration and social security454/9€4,000€3,500--
Other amounts payable47/48€3,700€2,381€5,213▲ 119%
Line202320242025Change
Profit (loss) for the period9904€1,147€1,139€5,213▲ 358%
Operating cash flow (approximation)€1,147€1,139€5,213▲ 358%
Change in cash--€381-€3,000▼ 687%

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
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
24-06
State Gazette act General meeting · Registered-office move
2 facts ▸
  • General meeting, 30-04-2026
  • Registered-office move, Rue des Métiers,28-6940 Durbuy
2025
31-12
Financial Highest result since 2023net €5,213 ▲358%
Operating result €6,636, net result €5,213, both a record.
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Weakest financial yearnet €1,139 ▼0.7%
Net result drops to €1,139, the lowest in the series; recovery starts the following year.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Durbuy · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
442 m²
Building footprint
94 m²
Parcel 83047C0179/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DELFLO
Rue des Métiers (Palenge) 28, 6940 DurbuyManufacture of metal structures and parts of structures
since 20232.345.319.448
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
83047C0179/00H000 Wallonia 442 m² 1 · 94 m² -
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 6,146 companies in sector 46190 we hold annual accounts for 2,577. 1,147 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
Founded17-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46130Agents in the wholesale of timber and building materials
46180Agents specialised in the wholesale of other particular products
46839Wholesale trade
55209Other holiday and short-stay accommodation
77110Renting and leasing of cars and light motor vehicles
Contact
E-mail delvauxflorian@outlook.com
Phone +32486052135
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801896723
Also 9925:BE0801896723
Registered 16-12-2025

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

Register as of 29 September 2026 · Peppol Directory

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