Equity
-€9,998
Debts exceed assets in financial year 2025.
DELHER
Part of the group
32 companies
Lifetime
2 annual accounts with figures on one time axispeak €447,949 (2025)
€447,949▲ 228%
lowest -€69,278 (2024)
-€2,220▲ €67,058
peak -€7,778 (2024)
-€9,998▼ €2,220
€787,414▼ 12.6%
peak 9.2 FTE (2025)
9.2 FTE▲ 156%
Board6 names since 2023
5 directors and 4 others
Owners
100%
Documentsfilings and deeds
14-07-202617 days before the deadline
2025abbreviated format
Gross margin from €136,427 to €447,949Loss of €2,220Staff from 3.6 FTE to 9.2 FTEEquity from -€7,778 to -€9,998Cash from €6,178 to €9,046
Key points
from the 2025 annual accountsLosses
-€71,498 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Turnover
≈ €1.1m estimated
The accounts state no turnover.
Debts
€787,414 101% of the balance sheet
Financial debts 58%Suppliers 8%Taxes and wages 6%Other 28%
Of this, €323,143 falls due within a year.
Staff
9.2 FTE ▲ 156%
More staff in 2025: different schema filed.
Position in the sector
-€9,998
Less equity than 90% of companies in food products. Sector median €366,848 · 1,086 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,556 companies had the same profile as DELHER has now. Each dot stands for 4 companies, two years later.
91.3%
were still trading
3.8%
stopped another way
4.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 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 1,556 companies, not a prediction for DELHER. 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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Signals
Board and ownership
Director, since 08-09-2023
Director, since 08-09-2023
Director, since 08-09-2023
Director, since 08-09-2023
Director, since 08-09-2023
Auditor
- 100%score equity €4.0m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0805647653
Incorporation
Founding capital of €61,500, 1,000 shares · Appointments: , , , and ° (statutory auditor) · Capital of €61,500, 1,000 shares · published on 12-09-2023 · Gazette deed
First establishment
Boulangerie Louise, Rue Arnold Delsupexhe 44, Herstal
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as DELHER: artisanal bread and fresh pastry making (NACE 10712). They are comparable in size and age: total assets between €624,000 and €896,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 08-09-2023Normal situation
- Registered office
- 38 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 15 November 2026.
- Activity
- Artisanal bread and fresh pastry makingNACE 10712and 2 others
- Establishment unit
- 2.350.729.4744040 Herstal, since 08-09-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Annual accounts 2025
- €777,416▼ 12.9%
- Employeeson 31-12-2025
- 16▲ 6.7%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on DELHER
The 2025 annual accounts show negative equity (-€9,998) and a net result of -€2,220. Its solvency ranks better than 10% of 1,086 sector peers (NACE 10, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 DELHER
- What is the company number of DELHER?
- The company number of DELHER is 0805.647.653. The VAT number is the same number with BE in front: BE 0805.647.653.
- Where is DELHER based?
- The registered office is at Place de St Symphorien 24, 7030 Mons.Company details
- What does DELHER do?
- According to the KBO register, the main activity is artisanal bread and fresh pastry making (NACE 10712).
- What is the legal form of DELHER?
- DELHER is a public limited company (NV).
- When was DELHER founded?
- DELHER was founded on 08-09-2023.
- Is DELHER still active?
- Yes, DELHER is an active enterprise in the KBO register.
- How many employees does DELHER have?
- DELHER had an average of 9.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of DELHER?
- The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €447,949 and 2,134 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate.
- Is DELHER profitable?
- In financial year 2025, DELHER made a loss of €2,220.
- Where can I find the annual accounts of DELHER?
- DELHER filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DELHER due?
- DELHER must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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