DELLEX
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 10 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €2,188, smaller than the loss of €2,223 in 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.
Use the arrow keys on the chart for the figures per year.
- 2022 Equity -76% on 2021. Capital reduction of €2,800,000 (Official Gazette 30-09-2022).
Companies with the same profile, two years later
Historical observationIn July 2024, 17,811 companies had the same profile as DELLEX has now. Two years later, 0.3% had gone bankrupt and 96.5% were still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of DELLEX itself: < 0.1% 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 17,811 companies, not a prediction for DELLEX. 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €0.3m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 2.7% |
| Gross operating margin9900 | -€0.001m | -€0.001m | -€0.001m | -€0.001m | -€0.002m | €0.3m | -€0.001m | -€0.001m | ▲ 6.5% |
| Operating profit (loss)9901 | -€0.002m | -€0.002m | -€0.001m | -€0.002m | -€0.003m | €0.3m | -€0.002m | -€0.002m | ▲ 1.6% |
| Financial income75/76B | - | - | - | €0.5m | €0.02m | €0.2m | - | €0.5m | - |
| Recurring financial income75 | €5.0m | €0.4m | €0.02m | €0.02m | €0.02m | €0.03m | - | €0.5m | - |
| Non-recurring financial income76B | - | - | - | €0.5m | - | €0.2m | - | - | - |
| Financial charges65/66B | - | - | - | €0.006m | €0.004m | €24 | €222 | €30 | ▼ 86.5% |
| Recurring financial charges65 | €0.009m | €23 | €30 | €0.006m | €0.004m | €24 | €222 | €30 | ▼ 86.5% |
| Profit (loss) for the period before taxes9903 | -€0.005m | €0.4m | €0.02m | €0.5m | €0.02m | €0.5m | -€0.002m | €0.5m | - |
| Income taxes67/77 | €374 | €370 | €0.004m | €0.04m | - | €0.05m | - | €0.05m | - |
| Profit (loss) for the period9904 | -€0.006m | €0.4m | €0.01m | €0.5m | €0.02m | €0.5m | -€0.002m | €0.5m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.006m | €0.4m | €0.01m | €0.5m | €0.02m | €0.5m | -€0.002m | €0.5m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.9m | €3.3m | €3.3m | €3.7m | €3.7m | €1.4m | €1.4m | €1.8m | ▲ 32.7% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Financial fixed assets28 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Current assets29/58 | €2.0m | €2.4m | €2.4m | €2.8m | €2.8m | €0.5m | €0.5m | €1.0m | ▲ 89.0% |
| Amounts receivable within one year40/41 | €0.04m | €0.05m | €0.05m | €0.6m | €0.5m | €0.5m | €0.5m | - | - |
| Other amounts receivable41 | - | - | - | €0.6m | €0.5m | €0.5m | €0.5m | - | - |
| Current investments50/53 | €1.0m | €2.0m | €2.0m | €2.2m | €2.2m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.9m | €0.4m | €0.4m | €0.08m | €0.1m | €0.009m | €0.06m | €1.0m | ▲ 17× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.9m | €3.3m | €3.3m | €3.7m | €3.7m | €1.4m | €1.4m | €1.8m | ▲ 32.7% |
| Equity10/15 | €2.9m | €3.3m | €3.2m | €3.6m | €0.9m | €1.3m | €1.3m | €1.3m | ▼ 1.0% |
| Contributions10/11 | €2.9m | €2.9m | €2.9m | €2.9m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €2.9m | €0.3m | - | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €2.9m | €0.3m | - | €0.3m | €0.3m | = |
| Reserves13 | - | €0.03m | €0.04m | €0.5m | €0.5m | €1.0m | €1.0m | €1.0m | ▼ 1.6% |
| Non-distributable reserves130/1 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Legal reserve130 | - | - | - | €0.04m | €0.04m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | €0.04m | €0.04m | €0.04m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.9m | €0.9m | €0.9m | ▼ 1.7% |
| Profit (loss) carried forward14 | -€0.01m | €0.4m | €0.3m | €0.3m | €0.05m | €0.05m | €0.05m | €0.05m | ▲ 5.9% |
| Amounts payable17/49 | €0.01m | €0.01m | €0.1m | €0.06m | €2.9m | €0.05m | €0.05m | €0.5m | ▲ 983% |
| Amounts payable within one year42/48 | €0.01m | €0.01m | €0.1m | €0.06m | €2.9m | €0.05m | €0.05m | €0.5m | ▲ 983% |
| Trade debts44 | - | - | - | €220 | - | €220 | €220 | €220 | = |
| Suppliers440/4 | - | - | - | €220 | - | €220 | €220 | €220 | = |
| Taxes, remuneration and social security45 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 4.3% |
| Taxes450/3 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | ▼ 4.3% |
| Other amounts payable47/48 | - | - | - | €0.01m | €2.8m | - | - | €0.5m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,518 | €412,469 | €10,980 | €466,906 | €15,215 | €473,925 | -€2,445 | €452,782 | - |
| Operating cash flow (approximation) | -€5,518 | €412,469 | €10,980 | €466,906 | €15,215 | €473,925 | -€2,445 | €452,782 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€537,001 | €13,879 | -€331,444 | €49,014 | -€122,648 | €47,831 | €900,782 | ▲ 19× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 07-07-2026 | 2026-00262089 | NBB |
| 31-12-2024 | full format | 25-07-2025 | 2025-00308172 | |
| 31-12-2023 | micro format | 01-08-2024 | 2024-00319569 | |
| 31-12-2022 | micro format | 21-08-2023 | 2023-00337748 | |
| 31-12-2021 | micro format | 23-08-2022 | 2022-20310050 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55700088 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48700123 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57400523 | |
| 31-12-2017 | micro format | 24-08-2018 | 2018-49300328 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-56100297 |