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DELKA

Active
Public limited companyfounded 198838 yrs activeRue de Battice 22, 4800 Verviers, BelgiumKBO/BCE: BE 0434.560.889
Summary

DELKA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.8m and a net result of €2.3m. Equity is growing by ~35.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+20
Solvency52▲+11
Growth85=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.21 against 1.0 in 2023; short-term debt: 43.7% and cash: 3.4% of total assets), and 72.9% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
27.1%
Return on assets
13%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-03-2026, 235 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
235 d late
2023
30 d late
2022
316 d late
2021
24 d late
2020
31 d late
2019
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 107 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (1)
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

DELKA was incorporated on 21 June 1988.1 The registered office was moved to Fraipont-Trooz in 2005.2 Between 2010 and 2022 the capital was increased 4 times, most recently to EUR 1.2 million.345 The board currently has 4 members; FINATCO has served longest, since 2010.3 Revenue grew from EUR 12 million in 2018 to EUR 34 million in 2024 and headcount from 43.2 to 64.1 full-time equivalents.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 31-10-2005
  3. 3Belgian State Gazette, 08-11-2010
  4. 4Belgian State Gazette, 22-08-2014
  5. 5Belgian State Gazette, 07-04-2022
  6. 6National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€34.1m▲ 6.9%
2023 · €31.9m
EBIT margin
9.2%▲ 7.7pp
2023 · 1.5%
Net result
€2.3m▲ 812%
2023 · €254,158
Working capital
€1.6m▲ 5,455%
2023 · €29,170
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, 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
Line20202021202220232024
Turnover€14.6m▲ 11.4%€16.0m▲ 9.0%€20.6m▲ 28.8%€31.9m▲ 55.2%€34.1m▲ 6.9%
Operating result€169,565▲ 59.0%€387,314▲ 128%€354,860▼ 8.4%€474,761▲ 33.8%€3.1m▲ 561%
Net result€65,836within the sector's middle half▲ 88.6%€261,777within the sector's middle half▲ 298%€215,147within the sector's middle half▼ 17.8%€254,158within the sector's middle half▲ 18.1%€2.3mabove the sector's middle half▲ 812%
EBIT margin1.2%▲ 0.3pp2.4%▲ 1.3pp1.7%▼ 0.7pp1.5%▼ 0.2pp9.2%▲ 7.7pp
Equity€837,465within the sector's middle half▲ 6.3%€1.1mwithin the sector's middle half▲ 29.4%€2.3mwithin the sector's middle half▲ 111%€2.5mwithin the sector's middle half▲ 10.7%€4.8mwithin the sector's middle half▲ 91.1%
Total assets€9.5mwithin the sector's middle half▼ 0.3%€9.9mwithin the sector's middle half▲ 4.2%€13.7mwithin the sector's middle half▲ 37.7%€16.2mwithin the sector's middle half▲ 18.6%€17.8mwithin the sector's middle half▲ 9.8%
Debt€8.7m▼ 0.8%€8.9m▲ 1.7%€11.4m▲ 28.8%€13.7m▲ 20.2%€13.0m▼ 5.2%
Working capital€158,086within the sector's middle half€191,042within the sector's middle half▲ 20.8%-€221,854below the sector's middle half€29,170within the sector's middle half€1.6mwithin the sector's middle half▲ 5,455%
Solvency8.8%below the sector's middle half▲ 0.5pp10.9%below the sector's middle half▲ 2.1pp16.7%below the sector's middle half▲ 5.8pp15.6%below the sector's middle half▼ 1.1pp27.1%within the sector's middle half▲ 11.5pp
Current ratio1.03within the sector's middle half▲ 0.081.04within the sector's middle half▲ 0.010.97within the sector's middle half▼ 0.071.00within the sector's middle half▲ 0.031.21within the sector's middle half▲ 0.20
Return on assets (ROA)0.7%within the sector's middle half▲ 0.3pp2.6%within the sector's middle half▲ 1.9pp1.6%within the sector's middle half▼ 1.1pp1.6%within the sector's middle half=13.0%above the sector's middle half▲ 11.4pp
Staff (FTE)44.5within the sector's middle half▼ 2.2%46.4within the sector's middle half▲ 4.3%48.9within the sector's middle half▲ 5.4%54.4within the sector's middle half▲ 11.2%64.1within the sector's middle half▲ 17.8%
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2022 Equity +111% on 2021. Capital increase of €1,000,000 (Official Gazette 07-04-2022).
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0m€3.0mOperating result 2020: €169,565€169,565Net result 2020: €65,836€65,836Operating result 2021: €387,314€387,314Net result 2021: €261,777€261,777Operating result 2022: €354,860€354,860Net result 2022: €215,147€215,147Operating result 2023: €474,761€474,761Net result 2023: €254,158€254,158Operating result 2024: €3.1m€3.1mNet result 2024: €2.3m€2.3m20202021202220232024€0€1m€2m€3mOperating result 2022: €354,860€355,000Net result 2022: €215,147€215,000Operating result 2023: €474,761€475,000Net result 2023: €254,158€254,000Operating result 2024: €3.1m€3.1mNet result 2024: €2.3m€2.3m202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 561% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.8m
Fixed assets €8.4m ▲ 20.4%
Current assets €9.4m ▲ 1.7%
Equity and liabilities €17.8m
Equity €4.8m ▲ 91.1%
Debt €13.0m ▼ 5.2%
Debt's share of the balance-sheet total falls from 84.4% to 72.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€4.5m▲
2023 · €1.6m
Cash flow
€3.7m▲
2023 · €1.4m
Quick ratio
0.73▲
2023 · 0.56
Debt to equity
2.69▼
2023 · 5.43
ROE
48.0%▲
2023 · 10.1%
Interest coverage
14.72▲
2023 · 7.51
Debt ≤ 1 year
€7.8m▼
2023 · €9.2m
Debt > 1 year
€4.7m▲
2023 · €4.4m
Income taxes
€511,481▲
2023 · €1,097
Staff costs
€3.7m▲
2023 · €3.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 378 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
2.4% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.6% 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 378 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 · 2024 against 2023 · 85 lines
Balance sheet Code20232024
Assets
Total assets20/58€16.2m€17.8m▲
Formation expenses20€0-
Fixed assets21/28€7.0m€8.4m▲
Intangible fixed assets21€7,218€5,052▼
Tangible fixed assets22/27€7.0m€8.4m▲
Land and buildings22€3.5m€5.2m▲
Plant, machinery and equipment23€731,476€1.3m▲
Furniture and vehicles24€82,107€82,233▲
Leasing and similar rights25€2.6m€1.9m▼
Assets under construction and advance payments27€0€0=
Financial fixed assets28€3,500€1,500▼
Companies linked by participating interests282/3€2,000€0▼
Participating interests282€2,000€0▼
Other financial fixed assets284/8€1,500€1,500=
Amounts receivable and cash guarantees285/8€1,500€1,500=
Current assets29/58€9.2m€9.4m▲
Stocks and contracts in progress3€4.1m€3.7m▼
Stocks30/36€4.1m€3.7m▼
Raw materials and consumables30/31€2.7m€2.4m▼
Finished goods33€1.4m€1.3m▼
Amounts receivable within one year40/41€4.9m€5.0m▲
Trade receivables40€4.7m€4.6m▼
Other amounts receivable41€254,707€352,559▲
Cash at bank and in hand54/58€129,758€597,431▲
Deferred charges and accrued income490/1€115,201€157,662▲
Equity and liabilities
Total equity and liabilities10/49€16.2m€17.8m▲
Equity10/15€2.5m€4.8m▲
Contributions10/11€1.2m€1.2m=
Capital10€1.2m€1.2m=
Issued capital100€1.2m€1.2m=
Outside capital11€21,535€21,535=
Share premium1100/10€21,535€21,535=
Reserves13€202,868€202,868=
Non-distributable reserves130/1€17,229€17,229=
Legal reserve130€17,229€17,229=
Tax-exempt reserves132€85,639€85,639=
Distributable reserves133€100,000€100,000=
Profit (loss) carried forward14€1.1m€3.4m▲
Investment grants15€72,796€56,869▼
Amounts payable17/49€13.7m€13.0m▼
Amounts payable after more than one year17€4.4m€4.7m▲
Financial debts170/4€4.4m€4.7m▲
Leasing and similar obligations172€2.3m€1.8m▼
Credit institutions173€2.1m€3.0m▲
Amounts payable within one year42/48€9.2m€7.8m▼
Current portion of amounts payable after more than one year42€990,665€1.4m▲
Financial debts43€2.7m€2.5m▼
Credit institutions430/8€2.7m€2.5m▼
Trade debts44€3.6m€2.3m▼
Suppliers440/4€3.6m€2.3m▼
Advances received on contracts in progress46€354,369€0▼
Taxes, remuneration and social security45€413,571€640,739▲
Taxes450/3€22,842€140,560▲
Remuneration and social security454/9€390,729€500,179▲
Other amounts payable47/48€1.1m€913,350▼
Accrued charges and deferred income492/3€48,727€464,282▲
Income statement Code20232024
Operating income70/76A€32.6m€34.5m▲
Turnover70€31.9m€34.1m▲
Change in stocks of work in progress, finished goods and contracts in progress71€397,118-€90,263▼
Other operating income74€304,844€425,739▲
Operating charges60/66A€32.1m€31.3m▼
Goods for resale, raw materials and consumables60€24.3m€22.6m▼
Purchases600/8€24.3m€22.3m▼
Change in stocks: decrease (increase)609€86,039€296,933▲
Services and other goods61€3.5m€3.5m▼
Remuneration, social security and pensions62€3.0m€3.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.2m€1.4m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€58,360▲
Other operating charges640/8€61,616€96,461▲
Operating profit (loss)9901€474,761€3.1m▲
Financial income75/76B€4,548€9,165▲
Recurring financial income75€4,548€9,165▲
Other financial income752/9€4,548€9,165▲
Financial charges65/66B€224,053€319,145▲
Recurring financial charges65€224,053€319,145▲
Debt charges650€217,975€307,930▲
Other financial charges652/9€6,079€11,215▲
Profit (loss) for the period before taxes9903€255,255€2.8m▲
Income taxes67/77€1,097€511,481▲
Taxes670/3€1,097€511,481▲
Profit (loss) for the period9904€254,158€2.3m▲
Profit (loss) for the period to be appropriated9905€254,158€2.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.1m€3.4m▲
Profit (loss) brought forward from the previous period14P€802,997€1.1m▲
Social balance
Average headcount (FTE)908754.464.1▲

The notes to these accounts (79 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€16.4m€21.2m€32.6m€34.5m▲ 5.7%
Turnover70€14.6m€16.0m€20.6m€31.9m€34.1m▲ 6.9%
Change in stocks of work in progress, finished goods and contracts in progress71-€172,359€236,501€397,118-€90,263▼ 123%
Other operating income74-€296,035€364,004€304,844€425,739▲ 39.7%
Operating charges60/66A-€16.0m€20.8m€32.1m€31.3m▼ 2.5%
Goods for resale, raw materials and consumables60-€11.2m€15.3m€24.3m€22.6m▼ 7.1%
Purchases600/8-€11.6m€16.3m€24.3m€22.3m▼ 8.0%
Change in stocks: decrease (increase)609--€360,483-€1.0m€86,039€296,933▲ 245%
Services and other goods61-€1.6m€2.0m€3.5m€3.5m▼ 0.6%
Remuneration, social security and pensions62-€2.2m€2.5m€3.0m€3.7m▲ 19.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€631,125€817,824€911,809€1.2m€1.4m▲ 19.9%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0-€0€58,360-
Other operating charges640/8-€167,726€42,909€61,616€96,461▲ 56.6%
Operating profit (loss)9901€169,565€387,314€354,860€474,761€3.1m▲ 561%
Financial income75/76B-€15,044€10,517€4,548€9,165▲ 102%
Recurring financial income75€15,085€15,044€10,517€4,548€9,165▲ 102%
Income from current assets751-€798----
Other financial income752/9-€14,246€10,517€4,548€9,165▲ 102%
Financial charges65/66B-€139,400€150,230€224,053€319,145▲ 42.4%
Recurring financial charges65€118,285€139,400€150,230€224,053€319,145▲ 42.4%
Debt charges650€114,164€132,177€142,329€217,975€307,930▲ 41.3%
Other financial charges652/9-€7,223€7,901€6,079€11,215▲ 84.5%
Profit (loss) for the period before taxes9903€66,365€262,958€215,147€255,255€2.8m▲ 1,009%
Income taxes67/77€529€1,181-€1,097€511,481▲ 46,521%
Taxes670/3-€1,181-€1,097€511,481▲ 46,521%
Profit (loss) for the period9904€65,836€261,777€215,147€254,158€2.3m▲ 812%
Profit (loss) for the period to be appropriated9905€65,836€261,777€215,147€254,158€2.3m▲ 812%
Line20202021202220232024Change
Assets
Total assets20/58€9.5m€9.9m€13.7m€16.2m€17.8m▲ 9.8%
Formation expenses20---€0--
Fixed assets21/28€4.7m€5.0m€6.2m€7.0m€8.4m▲ 20.4%
Intangible fixed assets21€8,807€5,525€3,313€7,218€5,052▼ 30.0%
Tangible fixed assets22/27€4.7m€5.0m€6.2m€7.0m€8.4m▲ 20.5%
Land and buildings22-€3.1m€3.1m€3.5m€5.2m▲ 45.9%
Plant, machinery and equipment23-€747,093€713,519€731,476€1.3m▲ 78.6%
Furniture and vehicles24-€12,233€13,499€82,107€82,233▲ 0.2%
Leasing and similar rights25-€1.2m€2.1m€2.6m€1.9m▼ 29.1%
Assets under construction and advance payments27-€2,500€199,470€0€0-
Financial fixed assets28€1,500€3,500€5,000€3,500€1,500▼ 57.1%
Companies linked by participating interests282/3-€2,000€2,000€2,000€0▼ 100%
Participating interests282-€2,000€2,000€2,000€0▼ 100%
Other financial fixed assets284/8-€1,500€3,000€1,500€1,500=
Amounts receivable and cash guarantees285/8-€1,500€3,000€1,500€1,500=
Current assets29/58€4.8m€4.9m€7.5m€9.2m€9.4m▲ 1.7%
Stocks and contracts in progress3€2.0m€2.5m€3.8m€4.1m€3.7m▼ 9.3%
Stocks30/36-€2.5m€3.8m€4.1m€3.7m▼ 9.3%
Raw materials and consumables30/31-€1.8m€2.8m€2.7m€2.4m▼ 10.7%
Finished goods33-€759,772€996,274€1.4m€1.3m▼ 6.5%
Amounts receivable within one year40/41€2.6m€1.9m€3.5m€4.9m€5.0m▲ 0.6%
Trade receivables40-€1.7m€3.2m€4.7m€4.6m▼ 1.5%
Other amounts receivable41-€231,516€258,577€254,707€352,559▲ 38.4%
Cash at bank and in hand54/58€201,580€379,141€199,214€129,758€597,431▲ 360%
Deferred charges and accrued income490/1-€93,072€100,753€115,201€157,662▲ 36.9%
Equity and liabilities
Total equity and liabilities10/49€9.5m€9.9m€13.7m€16.2m€17.8m▲ 9.8%
Equity10/15€837,465€1.1m€2.3m€2.5m€4.8m▲ 91.1%
Contributions10/11€172,286€193,821€1.2m€1.2m€1.2m=
Capital10-€172,286€1.2m€1.2m€1.2m=
Issued capital100-€172,286€1.2m€1.2m€1.2m=
Outside capital11-€21,535€21,535€21,535€21,535=
Share premium1100/10-€21,535€21,535€21,535€21,535=
Reserves13€202,868€202,868€202,868€202,868€202,868=
Non-distributable reserves130/1-€17,229€17,229€17,229€17,229=
Legal reserve130-€17,229€17,229€17,229€17,229=
Tax-exempt reserves132-€85,639€85,639€85,639€85,639=
Distributable reserves133-€100,000€100,000€100,000€100,000=
Profit (loss) carried forward14€326,073€587,851€802,997€1.1m€3.4m▲ 219%
Investment grants15-€98,766€82,829€72,796€56,869▼ 21.9%
Amounts payable17/49€8.7m€8.9m€11.4m€13.7m€13.0m▼ 5.2%
Amounts payable after more than one year17€4.0m€4.1m€3.6m€4.4m€4.7m▲ 6.7%
Financial debts170/4-€4.1m€3.6m€4.4m€4.7m▲ 6.7%
Leasing and similar obligations172-€1.0m€2.0m€2.3m€1.8m▼ 24.5%
Credit institutions173-€1.8m€1.7m€2.1m€3.0m▲ 41.5%
Other loans174-€1.3m€0---
Amounts payable within one year42/48€4.6m€4.7m€7.7m€9.2m€7.8m▼ 15.5%
Current portion of amounts payable after more than one year42-€572,188€798,354€990,665€1.4m▲ 42.3%
Financial debts43-€750,000€2.7m€2.7m€2.5m▼ 8.0%
Credit institutions430/8-€750,000€2.7m€2.7m€2.5m▼ 8.0%
Trade debts44€1.6m€1.5m€2.9m€3.6m€2.3m▼ 35.2%
Suppliers440/4-€1.5m€2.9m€3.6m€2.3m▼ 35.2%
Advances received on contracts in progress46-€25,982€0€354,369€0▼ 100%
Taxes, remuneration and social security45-€380,340€384,813€413,571€640,739▲ 54.9%
Taxes450/3-€42,649€62,265€22,842€140,560▲ 515%
Remuneration and social security454/9-€337,691€322,548€390,729€500,179▲ 28.0%
Other amounts payable47/48-€1.5m€929,300€1.1m€913,350▼ 20.3%
Accrued charges and deferred income492/3-€33,770€30,647€48,727€464,282▲ 853%
Line20202021202220232024Change
Profit (loss) for the period9904€65,836€261,777€215,147€254,158€2.3m▲ 812%
+ Depreciation and write-downs630€631,125€817,824€911,809€1.2m€1.4m▲ 19.9%
Operating cash flow (approximation)€696,961€1.1m€1.1m€1.4m€3.7m▲ 162%
Investment in fixed assets (approximation)--€1.1m-€2.1m-€2.0m-€2.8m▼ 42.2%
Change in cash-€177,561-€179,927-€69,456€467,673▲ 773%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
23-03
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 235 days late
2025
11-12
State Gazette act Resignations: FINATCO (director) and Bernard SCHWANEN (managing director)
Reappointments: FINATCO (director) and Bernard SCHWANEN (managing director)5 facts ▸
  • General meeting, 10-07-2025
  • Director resignation, FINATCO (director)
  • Director reappointment, FINATCO (director)
  • Director resignation, Bernard SCHWANEN (managing director)
  • Director reappointment, Bernard SCHWANEN (managing director)
30-10
State Gazette act Appointment: EY Bedrijfsrevisoren SRL (statutory auditor)
Permanent representative: Carlo-Sébastien D'Addario · Resignation: RSM Réviseurs d'Entreprises - Bedrijfsrevisoren SCRL (statutory auditor)4 facts ▸
  • General meeting, 14-06-2024
  • Auditor appointment, EY Bedrijfsrevisoren SRL (statutory auditor)
  • Permanent representative, Carlo-Sébastien D'Addario
  • Auditor resignation, RSM Réviseurs d'Entreprises - Bedrijfsrevisoren SCRL (statutory auditor)
2024
31-12
Financial Highest result since 2018net €2.3m ▲812%
Operating result €3.1m, net result €2.3m, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 30 days late
11-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 316 days late
2022
31-12
Financial Equity above €2mEq €2.3m ▲111%
5 profitable years in a row build equity to €2.3m.
24-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 24 days late
07-04
State Gazette act Reappointments: Bernard Ghislain HUBERT SCHWANEN (director) and FINATCO (director)
Permanent representatives: Philippe Jean Nicolas Marie BOONEN and Bernard Ghislain HUBERT SCHWANEN · Capital increase · Capital11 facts ▸
  • General meeting, 30-03-2022
  • Capital increase, €1.000.000
  • Capital, €1.172.285,72
  • Statutes amendment
  • Director reappointment, Bernard Ghislain HUBERT SCHWANEN (director)
  • Director reappointment, FINATCO (director)
  • Permanent representative, Philippe Jean Nicolas Marie BOONEN
  • Permanent representative, Bernard Ghislain HUBERT SCHWANEN (permanent representative)
  • Authorised capital, EUR, 1.000.000,00
  • Preemption waiver, renonciation à tous droits de souscriptions légaux ou conventionnels
  • Debt, sans novation, FLORIDIENNE conserve tous ses droits de créancier, 250.000,00
97.8% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗
2021
31-12
Financial Equity above €1mEq €1.1m ▲29.4%
4 profitable years in a row build equity to €1.1m.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 31 days late
01-07
State Gazette act Resignation: Mazars Réviseurs d'Entreprises (statutory auditor)
Appointments: RSM Interaudit (commissaire aux comptes) and Bernard Schwanen (managing director) · Permanent representative: Philippe Boonen5 facts ▸
  • General meeting, 08-06-2021
  • Director resignation, Mazars Réviseurs d'Entreprises (statutory auditor)
  • Auditor appointment, RSM Interaudit (commissaire aux comptes)
  • Permanent representative, Philippe Boonen
  • Director appointment, Bernard Schwanen (managing director)
Show earlier events
02-04
State Gazette act Reappointments: FINATCO (director) and MAZARS réviseurs d'entreprises (statutory auditor)
3 facts ▸
  • General meeting, 15-05-2020
  • Director reappointment, FINATCO (director)
  • Auditor reappointment, MAZARS réviseurs d'entreprises (statutory auditor)
2020
04-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 4 days late
10-03
State Gazette act Reappointment: Bernard SCHWANEN (managing director)
Mandate compensation3 facts ▸
  • General meeting, 21-02-2020
  • Director reappointment, Bernard SCHWANEN (managing director)
  • Mandate compensation, Bernard SCHWANEN
2019
31-12
Financial Weakest financial yearnet €34,911 ▼81.9%
Net result drops to €34,911, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
28-12
State Gazette act Reappointment: SCRL Mazars Réviseurs d'entreprises (statutory auditor)
Mandate compensation2 facts ▸
  • Auditor reappointment, SCRL Mazars Réviseurs d'entreprises
  • Mandate compensation, SCRL Mazars Réviseurs d'entreprises
24-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 24 days late
11-05
State Gazette act Resignation: Jean-Philippe LEWANDOWSKI (director)
Appointment: AXIS ADVICE (director) · Permanent representative: Lionel de HEMPTINNE · Director discharge5 facts ▸
  • General meeting, 04-01-2016
  • Director resignation, Jean-Philippe LEWANDOWSKI (director)
  • Director discharge, Jean-Philippe LEWANDOWSKI
  • Director appointment, AXIS ADVICE (director)
  • Permanent representative, Lionel de HEMPTINNE
2014
22-08
State Gazette act Capital & shares · Statutes amendment
Approval · Capital increase · Capital decrease6 facts ▸
  • General meeting
  • Approval
  • Capital increase, €806.658
  • Capital decrease, €1.390.000
  • Capital, €172.285,72
  • Net-asset statement, 31-12-2013
14-07
State Gazette act Reappointments: FINATCO SA, Jean Philippe LEWADOWSKI and MAZARS
Power of attorney5 facts ▸
  • General meeting
  • Director reappointment, FINATCO SA (director)
  • Director reappointment, Jean Philippe LEWADOWSKI (director)
  • Auditor reappointment, MAZARS (commissaire réviseur)
  • Power of attorney, Philippe-Jean Boonen
05-06
State Gazette act Appointment: Bernard Schwanen (managing director)
Permanent representative: Philippe Jean BOONEN · Mandate compensation4 facts ▸
  • General meeting, 28-02-2014
  • Director appointment, Bernard Schwanen (managing director)
  • Mandate compensation, Bernard Schwanen
  • Permanent representative, Philippe Jean BOONEN
07-04
State Gazette act Resignation: Scope Management sprl (managing director)
Appointment: Bernard Schwaenen (managing director) · Permanent representatives: Philippe Jean BOONEN and Christophe Simon · Director discharge6 facts ▸
  • General meeting, 28-02-2014
  • Director resignation, Scope Management sprl (managing director)
  • Director discharge, Scope Management sprl
  • Director appointment, Bernard Schwaenen (managing director)
  • Permanent representative, Philippe Jean BOONEN
  • Permanent representative, Christophe Simon
2013
22-11
State Gazette act Capital & shares · Statutes amendment
Approval · Capital increase · Capital5 facts ▸
  • General meeting
  • Approval
  • Capital increase, €100.000
  • Capital, €755.627,72
  • Statutes amendment
26-06
State Gazette act Resignation: Axis Advice sprl (managing director)
Appointment: Scope Management sprl (managing director) · Permanent representative: Christophe Simon · Director discharge5 facts ▸
  • General meeting, 06-02-2013
  • Director resignation, Axis Advice sprl (managing director)
  • Director discharge, Axis Advice sprl
  • Director appointment, Scope Management sprl (managing director)
  • Permanent representative, Christophe Simon
2010
08-11
State Gazette act Resignation: AXIS ADVICE (manager)
Appointments: FINATCO, AXIS ADVICE and 2 others · Permanent representatives: Philippe-Jean BOONEN, Lionel de HEMPTINNE and Philippe GOSSART · Registered-office move18 facts ▸
  • General meeting, 30-09-2010
  • Registered-office move, Verviers (Petit-Rechain), rue de Battice n° 22/B, 4800
  • Approval, Rapports de la gérance et du réviseur (MAZARS)
  • Capital increase, €600.000
  • Legal-form conversion, Société anonyme
  • Capital, €655.627,72
  • Director resignation, AXIS ADVICE (manager)
  • Director discharge, AXIS ADVICE
  • Director appointment, FINATCO (director)
  • Director appointment, AXIS ADVICE (director)
  • Director appointment, Jean-Philippe LEWANDOWSKI (director)
  • Mandate compensation, FINATCO
  • +6 further facts in this act
20-07
State Gazette act Resignations: Eric Braun (manager) and Roxane Jacob de Beucken (co gérante)
Appointment: Axis Advice sprl (director) · Permanent representative: Lionel de Hemptinne · Mandate compensation6 facts ▸
  • General meeting, 22-06-2010
  • Director resignation, Eric Braun (manager)
  • Director resignation, Roxane Jacob de Beucken (co gérante)
  • Director appointment, Axis Advice sprl (director)
  • Permanent representative, Lionel de Hemptinne
  • Mandate compensation, Axis Advice sprl
03-06
State Gazette act Resignation: Michel Royen (manager)
Appointment: Eric BRAUN (manager) · Mandate compensation4 facts ▸
  • General meeting, 22-03-2010
  • Director resignation, Michel Royen (manager)
  • Director appointment, Eric BRAUN (manager)
  • Mandate compensation, Eric BRAUN
2006
17-07
State Gazette act Admission: Eric Braun (partner)
Reappointment: Patrick de Biolley (manager)3 facts ▸
  • General meeting, 27-10-2004
  • Member admission, Eric Braun (partner)
  • Director reappointment, Patrick de Biolley (manager)
2005
31-10
State Gazette act Registered office
Registered-office move2 facts ▸
  • General meeting, 01/10/2005
  • Registered-office move, rue Haute N°438 à 4870 Fraipont-Trooz
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
19 of 19 acts read

Directors · office · real estate

Directors
3 directors, 1 in day-to-day management, last change in 2026

Board 3

FINATCO
Chair of the board · since 30-09-2010 · Director · since 30-09-2010 · Public limited company · perm. rep.: Philippe-Jean BOONEN
Current
FINATCO
Director · since 11-07-2025 · Legal entity
Current
4 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Patrick de Biolley
Manager · since 27-10-2004
Not recently confirmed
axis advice
Director · since 30-09-2010 · Private limited company (pre-2019) · perm. rep.: Lionel de HEMPTINNE
Not recently confirmed
Jean Philippe LEWADOWSKI
Director · since 11-07-2013
Not recently confirmed
SA FINATCO
Director · since 11-07-2013 · Legal entity
Not recently confirmed

Day-to-day management 1

Bernard SCHWANEN
Managing director · since 28-02-2026
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
axis advice
Managing director · since 30-09-2010 · Private limited company (pre-2019) · perm. rep.: Lionel de HEMPTINNE
Not recently confirmed
Bernard Schwaenen
Managing director · since 28-02-2014
Not recently confirmed

Permanent representatives 1

Philippe-Jean BOONEN
Permanent representative · since 30-09-2010 · for FINATCO
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Lionel de HEMPTINNE
Permanent representative · since 30-09-2010 · for axis advice
Not recently confirmed

Statutory auditor 1

Ernst et Young Reviseurs d'Entreprises
Statutory auditor · since 14-06-2024 · perm. rep.: Carlo-Sébastien D'Addario
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 act was read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Verviers · 2 establishment units since 2010
seat establishment approximate All 2 establishment units on the map
Ground area
3,431 m²
Building footprint
124 m²
Volume, LiDAR
536 m³
2 parcels, Wallonia · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
DELKA
Rue de Battice 22, 4800 VerviersManufacture of food products
since 20102.193.158.320
DELKA
Rue de Gelée 4, 4800 VerviersWarehousing and storage
since 20172.267.300.962
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63059A0298/00H002 Wallonia 2,650 m² - -
63059A0331/00H003indicative Wallonia 781 m² 1 · 124 m² 9.4 m · 1 fl.
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

19 people since 2004, 10 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
FINATCO
  • Chair of the board, from 30-09-2010 not ended, last confirmed 08-11-2010
  • Director, from 30-09-2010 to date
FINATCO
  • Director, already before 11-07-2019 to date
Bernard Ghislain HUBERT SCHWANEN
  • Director, already before 07-04-2022 to date
Bernard SCHWANEN
  • Managing director, from 28-02-2014 to date
Ernst et Young Reviseurs d'Entreprises
  • Statutory auditor, from 14-06-2024 to date
Patrick de Biolley
  • Manager, already before 27-10-2004 not ended, last confirmed 17-07-2006
axis advice
  • Manager, until 30-09-2010
  • Director, from 30-09-2010 not ended, last confirmed 11-05-2016
  • Managing director, from 30-09-2010 not ended, last confirmed 08-11-2010
Jean Philippe LEWADOWSKI
  • Director, already before 11-07-2013 not ended, last confirmed 14-07-2014
SA FINATCO
  • Director, already before 11-07-2013 not ended, last confirmed 14-07-2014
Bernard Schwaenen
  • Managing director, from 28-02-2014 not ended, last confirmed 07-04-2014
RSM INTERAUDIT
  • Commissaire aux comptes, from 08-06-2021 to 14-06-2024
Forvis Mazars Réviseurs d’Entreprises
  • Auditor, from 01-01-2016 to 08-06-2021
Mazars
  • Commissaire réviseur, from 30-09-2010 to 01-01-2016
Jean-Philippe LEWANDOWSKI
  • Director, from 30-09-2010 to 31-12-2015
Scope Management sprl
  • Managing director, from 06-02-2013 to 28-02-2014
Axis Advice sprl
  • Director, from 22-06-2010 ended, last mentioned 20-07-2010
  • Managing director, until 06-02-2013
Eric Braun
  • Manager, from 01-04-2010 to 22-06-2010
Roxane Jacob de Beucken
  • Co gérante, until 22-06-2010
Michel Royen
  • Manager, until 31-03-2010
See the board, name and seat on a given date →

Articles of association

Purpose
La fabrication et la commercialisation de produits alimentaires et de fournitures notamment secteur Horeca
Full purpose

La fabrication et la commercialisation de produits alimentaires et de fournitures notamment secteur Horeca.

Structure & network

Part of the group Floridienne 11 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Floridienne 99.99%
  2. DELKA

Highest known parent: Floridienne. The sources do not say who stands above it.

Owners 1

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 0

The accounts to 31-12-2024 list no holdings, and no other source names one.

According to the 2024 annual accounts of DELKA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

3 connected companies
Depth
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
ALTESSE QUALITY FOOD
Shared corporate director
→
KARRAS
Shared corporate director
→
SALM INVEST
Shared corporate director
→

Capital and shareholders

Capital over the years
  1. 07-04-2022 Capital increase of 1,000,000 EUR · to 1,172,285.72 EUR · 366,300 new shares · in kind
  2. 22-08-2014 Capital increase of 806,658 EUR · to 1,562,285.72 EUR · 32,538 new shares · in kind
  3. 22-08-2014 Capital reduction of 1,390,000 EUR · to 172,285.72 EUR · to absorb losses
  4. 22-11-2013 Capital increase of 100,000 EUR · to 755,627.72 EUR · 4,033 new shares · “apport d'une partie d'une créance sur ladite société "DELKA"”, “détenue par la société "FLORAGRO"”
  5. 08-11-2010 Capital increase of 600,000 EUR · to 655,627.72 EUR · 24,203 new shares · in kind

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Verviers2.267.300.962
2 permissions
Toelating · Fabrikant kruiden, specerijen, sauzen · since 26-06-2026
Opslag kamer t° levensmiddelen · since 30-06-2021
Verviers2.193.158.320
1 permission
Toelating · Fabrikant kruiden, specerijen, sauzen · since 15-12-2010

Legal Entity Identifier

9845005DE64C51FBDY87
live in the LEI register

Similar companies · same sector, comparable size

Of 107 companies in sector 10840 we hold annual accounts for 57. 30 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded21-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
10840Manufacture of food products
46392Non-specialised wholesale
E-invoicing
Reachable via Peppol
Peppol ID 0208:0434560889
Also 9925:BE0434560889
Registered 06-11-2025

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.