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DELHAYE

Active
Private limited companyfounded 200817 years activePlace de Hanzinelle 213, 5620 Florennes, BelgiumKBO/BCE: BE 0808.559.336
Summary

DELHAYE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139,711 and a net result of €9,834. Equity is shrinking by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 33,994 sector peers (NACE 43, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
#9 company by equity in Florennes, Construction sector1 site
Size
€189,184total assets 2025
Equity
€139,711
Profit
€9,834
Turnover not published (abridged schema)
Financial health
93 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Accounts filed 11 days late0 of 2 deeds read
Why 93- Latest accounts 11 days late; 1 of the last 3 late+ Liquidity: current ratio 3.50, cash €48,764+ Founded in 2008+ Equity €139,711 (73.8% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 59% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 99-1
equity 73.8% of total assets
Liquidity 72-24
short-term debt 26.2% · cash 25.8%
Profitability 75-8
return on assets 5.2%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.4 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 3.5 against 5.57 in 2024; short-term debt: 26.2% and cash: 25.8% of total assets), and 26.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 80% on solvency, 70% on liquidity, 49% on profitability and 35% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Liquidity: current ratio 3.50, cash €48,764
NBB · annual accounts
lowers risk · Founded in 2008
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Latest accounts 11 days late; 1 of the last 3 late
NBB · filings
lowers risk · Equity €139,711 (73.8% of total assets)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 10 filings
Deviation from the deadline
2025
11 days late
2024
22 days late
2023
48 days late
2022
30 days late
2021
32 days late
2020
122 days late
2019
141 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 18 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Liquidity quadruplescurrent ratio 5.57

Key points

  • Positive: Company by equity in Florennes, Construction sectorin the Checked rankings #9 View
  • Total assets 20256 fiscal years filed €189,184 View
  • Active since 2008founded 19-12-2008 17 years View

By topic

Financials

Fiscal year
2025
Total assets
€189,184
Profit
€9,834
Solvency
73.8%
Total assets▲ 14.2%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 17-09-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 30-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
19-12-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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