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DELICO

Active Private limited companyfounded 1998active for 28 yearsIndustriestraat 8B, 8755 WingeneKBO/BCE: BE 0462.911.318

Lifetime

20 annual accounts with figures on one time axis, 27 filings since 1999
peak €1.4m (2006)
-not published
lowest -€547,103 (2007)
€181,499▼ 3.0%
peak €1.0m (2025)
€1.0m▲ 20.9%
€8.2m▲ 20.7%
peak 33 FTE (2006)
2 FTEunchanged
Board1 name since 1998
1 director
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Equity from €866,710 to €1.0mDebts from €6.8m to €8.2mInvestments €232,088Cash from €12,138 to €36,011

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 20.9%

DELICO has made a profit without a break since 2008.

Debts

€8.2m 89% of the balance sheet
Financial debts 16%Suppliers 77%Taxes and wages 1%Other 6%

Of this, €7.6m falls due within a year.

Investments

€232,088 2.1 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Staff

2 FTE from 33 in 2006

Between 2006 and 2025, 94% of the full-time equivalents disappeared.

Payment terms

202 days to suppliers
Suppliers
176 to 202
Customers
206 to 245

DELICO pays its suppliers 26 days later than in 2024. Customers pay 39 days later.

Position in the sector

11.3%

Lower solvency than 87% of companies in wholesale trade. Sector median 43.8% · 3,766 companies.

2025 accounts filed 31 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,986 companies had the same profile as DELICO has now. Each dot stands for 10 companies, two years later.

96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% 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.

The companies in ten equal groups, from the lowest to the 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% 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 3,986 companies, not a prediction for DELICO. 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 26-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0462911318
Change of role: , from statutory director to director “tekst onder “voorwerp”” (deed in Dutch) · General meeting of 26-12-2023 · Gazette deed
New establishment in Fleurus Lestco, Rue du Berlaimont 12
First establishment Industriestraat 8B, Wingene
All 36 events

Comparable companies

same main activity, similar in size and age
Company
DELICO Wingene €12.0m 2.8% 11.3% 2
LOMAT INTERNATIONAL Waregem €26.0m 3.6% 17.5% 3.9
PHOENIX PLUS Grez-Doiceau €39.2m 3.5% 79.9% 2.8
TYRE SERVICE EUROPE Zemst €24.1m 0.1% 7.4% 4.4
BEL-LAND Mons €44.3m 4.0% 27.7% 2
Société Internationale d'Engineering Watermael-Boitsfort €14.7m 2.3% 56.3% 1.3
BELCOF TRADING AND CONSULTING Antwerp €67.7m 1.9% 51.9% 1
-10%0%10%20%€20m€200m€2bn€20bnDELICOEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as DELICO: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €8.2m and €22m, founded between 1975 and 2006.

Official details

Source: KBO
Status
Active since 17-03-1998Normal situation
Activity
Agents in non-specialised wholesale tradeNACE 46190and 1 other
Joint committees
200Auxiliary committee for white-collar workers
149.04Metal trade · annual accounts 2025
Establishment units
2.086.168.1128755 Wingene, since 07-11-2000
2.316.562.2156220 Fleurus, since 01-01-2021
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€9.3m▲ 20.8%
Employeeson 31-12-2025
4▲ 100%
Filing
Filed on 31-08-2026
Financials

Insights on DELICO

DELICO has existed since 1998. The gross margin fell from €1.4m in 2006 to €130,011 in 2009 and staff from 33 to 2.3 full-time equivalents.

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 DELICO

What is the company number of DELICO?
The company number of DELICO is 0462.911.318. The VAT number is the same number with BE in front: BE 0462.911.318.
Where is DELICO based?
The registered office is at Industriestraat 8B, 8755 Wingene.Company details
What does DELICO do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of DELICO?
DELICO is a private limited company (BV).
When was DELICO founded?
DELICO was founded on 17-03-1998.
Is DELICO still active?
Yes, DELICO is an active enterprise in the KBO register.
How many employees does DELICO have?
DELICO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does DELICO fall under?
In its 2025 annual accounts, DELICO states joint committees 200 (Auxiliary committee for white-collar workers) and 149.04 (Metal trade).
What is the turnover of DELICO?
The turnover of DELICO was €12.0m in financial year 2025, according to the filed annual accounts.
Is DELICO profitable?
In financial year 2025, DELICO made a profit of €181,499.
Where can I find the annual accounts of DELICO?
DELICO filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DELICO due?
DELICO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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