DELFRERE
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
DELFRERE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €628,282 and a net result of €465,074. Its solvency ranks better than 31% of 5,036 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Overview
Official details
KBO- Status
- Active since 15-09-2023 Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
- Establishment unit
- 2.350.097.588 6001 Charleroi, since 15-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2025
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Turnover
- €22.2m
- ▼ 1.8%
- Profit
- €465,074
- ▲ 636%
- Equity
- €628,282
- ▲ 285%
- Total assets
- €3.1m
- ▲ 28.9%
- Staff
- 59.1 FTE
- ▼ 6.3%
Score breakdownraises riskFounded in 2023Equity €628,282 (20.3% of total assets)lowers riskLiquidity: current ratio 1.21, cash €1.8mFigures for financial year 2025 (filed on 30-06-2026)Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, medium-sized). It does better than 42% of them on solvency, 86% on liquidity, 72% on profitability and 64% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 54 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is nearly 4.7 times that of 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Comparable companies
These companies have the same main activity as DELFRERE: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €2.7m and €4.4m, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Turnover | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| DELFRERE La Bruyère | 2023 | €3.1m | €0.6m | €22.2m | €0.5m | 59.1 | 2025 |
| DLL ENGHIEN Beaumont | 2024 | €3.4m | €0.01m | €23.2m | -€0.09m | 60.2 | 2026 |
| GMP Croix de Guerre Brussel | 2024 | €3.2m | -€0.06m | €24.0m | -€0.3m | 55.4 | 2026 |
| DELPINOIS Binche | 2024 | €2.7m | €0.1m | €19.1m | €0.07m | 58.6 | 2025 |
| SUPERETTE RONSE Ronse | 2023 | €3.5m | €0.6m | €27.4m | €0.4m | 57.6 | 2025 |
| DELHACCOURT Oupeye | 2024 | €3.5m | -€0.5m | €30.5m | -€0.5m | 59.7 | 2026 |
| TORAPA Ukkel | 2023 | €4.4m | -€0.2m | €23.9m | -€0.3m | 74.9 | 2025 |
They were chosen from the 5,985 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 684 companies had the same profile as DELFRERE has now. Two years later, 0.3% had gone bankrupt and 97.4% were still going.
- Medium-sized
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
- without age
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DELFRERE itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,445 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 684 companies, not a prediction for DELFRERE. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Operating income70/76A | €24.8m | €23.5m | ▼ 5.4% |
| Turnover70 | €22.6m | €22.2m | ▼ 1.8% |
| Other operating income74 | €2.2m | €1.3m | ▼ 42.7% |
| Operating charges60/66A | €24.7m | €22.8m | ▼ 7.6% |
| Goods for resale, raw materials and consumables60 | €18.8m | €18.0m | ▼ 4.2% |
| Purchases600/8 | €19.0m | €17.9m | ▼ 5.4% |
| Change in stocks: decrease (increase)609 | -€0.2m | €0.01m | - |
| Services and other goods61 | €1.6m | €1.7m | ▲ 5.6% |
| Remuneration, social security and pensions62 | €4.2m | €3.0m | ▼ 29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.05m | ▲ 182% |
| Other operating charges640/8 | €0.01m | €0.03m | ▲ 111% |
| Operating profit (loss)9901 | €0.2m | €0.7m | ▲ 365% |
| Financial income75/76B | €0.008m | €0.009m | ▲ 4.5% |
| Recurring financial income75 | €0.008m | €0.009m | ▲ 4.5% |
| Income from financial fixed assets750 | €0.007m | - | - |
| Income from current assets751 | €0.001m | €0.008m | ▲ 627% |
| Other financial income752/9 | €279 | €229 | ▼ 17.7% |
| Financial charges65/66B | €0.06m | €0.06m | ▲ 8.4% |
| Recurring financial charges65 | €0.06m | €0.06m | ▲ 8.4% |
| Debt charges650 | €0.009m | €0.01m | ▲ 40.7% |
| Other financial charges652/9 | €0.05m | €0.05m | ▲ 2.0% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.6m | ▲ 527% |
| Income taxes67/77 | €0.04m | €0.2m | ▲ 355% |
| Taxes670/3 | €0.04m | €0.2m | ▲ 355% |
| Profit (loss) for the period9904 | €0.06m | €0.5m | ▲ 636% |
| Profit (loss) for the period to be appropriated9905 | €0.06m | €0.5m | ▲ 636% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2.4m | €3.1m | ▲ 28.9% |
| Fixed assets21/28 | €0.2m | €0.3m | ▲ 52.1% |
| Tangible fixed assets22/27 | €0.2m | €0.3m | ▲ 52.1% |
| Plant, machinery and equipment23 | €0.2m | €0.3m | ▲ 45.4% |
| Furniture and vehicles24 | €0.02m | €0.05m | ▲ 107% |
| Current assets29/58 | €2.2m | €2.8m | ▲ 26.7% |
| Stocks and contracts in progress3 | €0.9m | €0.9m | ▼ 5.3% |
| Stocks30/36 | €0.9m | €0.9m | ▼ 5.3% |
| Goods purchased for resale34 | €0.9m | €0.9m | ▼ 5.3% |
| Amounts receivable within one year40/41 | €0.02m | €0.09m | ▲ 454% |
| Trade receivables40 | €0.01m | €0.06m | ▲ 408% |
| Other amounts receivable41 | €0.004m | €0.03m | ▲ 596% |
| Cash at bank and in hand54/58 | €1.2m | €1.8m | ▲ 45.5% |
| Deferred charges and accrued income490/1 | €0.02m | €0.02m | ▲ 4.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2.4m | €3.1m | ▲ 28.9% |
| Equity10/15 | €0.2m | €0.6m | ▲ 285% |
| Contributions10/11 | €0.1m | €0.1m | = |
| Reserves13 | €0.06m | €0.5m | ▲ 736% |
| Distributable reserves133 | €0.06m | €0.5m | ▲ 736% |
| Amounts payable17/49 | €2.2m | €2.5m | ▲ 10.2% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | ▼ 7.3% |
| Financial debts170/4 | €0.2m | €0.2m | ▼ 7.3% |
| Credit institutions173 | €0.09m | €0.07m | ▼ 15.7% |
| Other loans174 | €0.1m | €0.1m | = |
| Amounts payable within one year42/48 | €2.1m | €2.3m | ▲ 11.8% |
| Current portion of amounts payable after more than one year42 | €0.01m | €0.01m | ▲ 4.2% |
| Trade debts44 | €1.5m | €1.7m | ▲ 17.0% |
| Suppliers440/4 | €1.5m | €1.7m | ▲ 17.0% |
| Taxes, remuneration and social security45 | €0.6m | €0.6m | ▼ 1.4% |
| Taxes450/3 | €0.1m | €0.2m | ▲ 67.1% |
| Remuneration and social security454/9 | €0.5m | €0.4m | ▼ 16.2% |
| Other amounts payable47/48 | €0.003m | €0.004m | ▲ 8.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €63,208 | €465,074 | ▲ 636% |
| + Depreciation and write-downs630 | €16,293 | €45,910 | ▲ 182% |
| Operating cash flow (approximation) | €79,501 | €510,983 | ▲ 543% |
| Investment in fixed assets (approximation) | - | -€154,554 | - |
| Change in cash | - | €557,078 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
Capital transactions
- 19-09-2023 Incorporation · €100,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DELVAUX Abbigaël Vinciane Rolande |
|
| LEFRERE Laurent René Henri Ghislain |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, avec ou sans limitation”
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Actions nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Prévues pour les modifications aux statuts, assemblée générale”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”
Articles of association, deed of 19-09-2023 (in French)
Network & group
DELFRERE shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of DELFRERE. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-09
Gazette deed
IncorporationAppointments: DELVAUX Abbigaël Vinciane Rolande (director) and LEFRERE Laurent René Henri Ghislain (director) · Founder · Founding capital12 points ▸
- Founder, DELVAUX Abbigaël Vinciane Rolande
- Founder, LEFRERE Laurent René Henri Ghislain
- Incorporation, 14-09-2023
- Founding capital, €100,000
- Capital
- Other provision, “Compte de capitaux propres statutairement indisponible, Néant” (deed in French)
- Registered office clause, “5080 La Bruyère (Rhisnes), Rue de Suarlée”, 24 (deed in French)
- Other provision, “Néant (à ce jour), site internet et adresse électronique” (deed in French)
- Director appointment, DELVAUX Abbigaël Vinciane Rolande (director)
- Director appointment, LEFRERE Laurent René Henri Ghislain (director)
- Board rule, “illimitée”, 2 (deed in French)
- Pre-incorporation commitments, “takeover, tous les engagements ainsi que les obligations qui en résultent,et toutes les activités entreprises au nom et pour compte de la société en formation” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileySites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52045A0547/00C002 | Wallonia | 1.2 ha | 1 · 3,068 m² | 10.1 m · 2 |
| 92102A0112/00F000 | Wallonia | 4,619 m² | 1 · 228 m² | 8.6 m · 2 |