DELLS
ActiveSummary
The computed 12-month bankruptcy probability of DELLS is 2.2% (moderate). The 2025 annual accounts show equity of €72,944 and a net result of -€1,017. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 80% of 18537 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-20
Solvency95▲+9
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.26 against 2.83 in 2024; short-term debt: 27.6% and cash: 7.6% of total assets), and 30.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.8%
Return on assets
-1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 d early
2024
on the day
2023
on the day
2022
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€72,944▼ 1.4%
2024 · €73,961
Total assets
€104,543▼ 14.3%
2024 · €121,996
Net result
-€1,017
2024 · €13,217
Working capital
€65,163▼ 1.9%
2024 · €66,434
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€54,096-€12,241▼ 77.4%€18,232▲ 48.9%€1,013▼ 94.4%
Net result€37,828-€7,916▼ 79.1%€13,217▲ 67.0%-€1,017
Equity€52,828-€60,744▲ 15.0%€73,961▲ 21.8%€72,944▼ 1.4%
Total assets€120,707-€121,658▲ 0.8%€121,996▲ 0.3%€104,543▼ 14.3%
Debt€67,879-€60,913▼ 10.3%€48,035▼ 21.1%€31,599▼ 34.2%
Working capital€44,674-€53,504▲ 19.8%€66,434▲ 24.2%€65,163▼ 1.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 94% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104,543
Fixed assets
€10,497 ▼ 45.4%
Current assets
€94,046 ▼ 8.5%
Equity and liabilities €104,543
Equity
€72,944 ▼ 1.4%
Debt
€31,599 ▼ 34.2%
Debt's share of the balance-sheet total falls from 39.4% to 30.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9,743▼
2024 · €27,985
Cash flow
€7,713▼
2024 · €22,970
Current ratio
3.26▲
2024 · 2.83
Quick ratio
0.29▼
2024 · 0.61
Debt to equity
0.43▼
2024 · 0.65
ROE
-1.4%▼
2024 · 17.9%
ROA
-1.0%▼
2024 · 10.8%
Interest coverage
5.31▼
2024 · 20.83
Debt ≤ 1 year
€28,883▼
2024 · €36,335
Debt > 1 year
€2,304▼
2024 · €11,460
Income taxes
€827▼
2024 · €4,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
5.9%
stopped otherwise
91%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,151 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,862 | €10,028 | €9,753 | €8,730 | ▼ 10.5% |
| Other operating charges640/8 | €4,826 | €5,982 | €3,386 | €1,397 | ▼ 58.7% |
| Gross operating margin9900 | €67,784 | €28,252 | €31,371 | €11,140 | ▼ 64.5% |
| Operating profit (loss)9901 | €54,096 | €12,241 | €18,232 | €1,013 | ▼ 94.4% |
| Financial income75/76B | €8 | €111 | €842 | €631 | ▼ 25.1% |
| Recurring financial income75 | €8 | €111 | €842 | €631 | ▼ 25.1% |
| Financial charges65/66B | €1,240 | €1,183 | €1,344 | €1,834 | ▲ 36.5% |
| Recurring financial charges65 | €1,240 | €1,183 | €1,344 | €1,834 | ▲ 36.5% |
| Profit (loss) for the period before taxes9903 | €52,864 | €11,169 | €17,730 | -€190 | ▼ 101% |
| Income taxes67/77 | €15,036 | €3,253 | €4,514 | €827 | ▼ 81.7% |
| Profit (loss) for the period9904 | €37,828 | €7,916 | €13,217 | -€1,017 | ▼ 108% |
| Profit (loss) for the period to be appropriated9905 | €37,828 | €7,916 | €13,217 | -€1,017 | ▼ 108% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €120,707 | €121,658 | €121,996 | €104,543 | ▼ 14.3% |
| Fixed assets21/28 | €38,034 | €28,006 | €19,227 | €10,497 | ▼ 45.4% |
| Tangible fixed assets22/27 | €38,034 | €28,006 | €19,227 | €10,497 | ▼ 45.4% |
| Land and buildings22 | €2,026 | €1,100 | €349 | €204 | ▼ 41.5% |
| Plant, machinery and equipment23 | €639 | €279 | - | - | - |
| Furniture and vehicles24 | €35,369 | €26,627 | €18,878 | €10,293 | ▼ 45.5% |
| Current assets29/58 | €82,672 | €93,652 | €102,769 | €94,046 | ▼ 8.5% |
| Stocks and contracts in progress3 | €64,187 | €74,908 | €80,649 | €85,529 | ▲ 6.1% |
| Stocks30/36 | €64,187 | €74,908 | €80,649 | €85,529 | ▲ 6.1% |
| Cash at bank and in hand54/58 | €17,683 | €18,229 | €21,550 | €7,972 | ▼ 63.0% |
| Deferred charges and accrued income490/1 | €802 | €514 | €569 | €544 | ▼ 4.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €120,707 | €121,658 | €121,996 | €104,543 | ▼ 14.3% |
| Equity10/15 | €52,828 | €60,744 | €73,961 | €72,944 | ▼ 1.4% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | €35,000 | €45,000 | €57,500 | €57,500 | = |
| Distributable reserves133 | €35,000 | €45,000 | €57,500 | €57,500 | = |
| Profit (loss) carried forward14 | €2,828 | €744 | €1,461 | €444 | ▼ 69.6% |
| Amounts payable17/49 | €67,879 | €60,913 | €48,035 | €31,599 | ▼ 34.2% |
| Amounts payable after more than one year17 | €29,503 | €20,526 | €11,460 | €2,304 | ▼ 79.9% |
| Financial debts170/4 | €29,503 | €20,526 | €11,460 | €2,304 | ▼ 79.9% |
| Amounts payable within one year42/48 | €37,998 | €40,147 | €36,335 | €28,883 | ▼ 20.5% |
| Current portion of amounts payable after more than one year42 | €11,388 | €11,477 | €13,066 | €9,156 | ▼ 29.9% |
| Trade debts44 | €4,780 | €13,113 | €7,763 | €4,194 | ▼ 46.0% |
| Suppliers440/4 | €4,780 | €13,113 | €7,763 | €4,194 | ▼ 46.0% |
| Taxes, remuneration and social security45 | €8,531 | €6,108 | €8,879 | €11,573 | ▲ 30.3% |
| Taxes450/3 | €6,431 | €4,358 | €7,129 | €9,823 | ▲ 37.8% |
| Remuneration and social security454/9 | €2,100 | €1,750 | €1,750 | €1,750 | = |
| Other amounts payable47/48 | €13,299 | €9,449 | €6,627 | €3,959 | ▼ 40.3% |
| Accrued charges and deferred income492/3 | €378 | €240 | €240 | €413 | ▲ 71.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,828 | €7,916 | €13,217 | -€1,017 | ▼ 108% |
| + Depreciation and write-downs630 | €8,862 | €10,028 | €9,753 | €8,730 | ▼ 10.5% |
| Operating cash flow (approximation) | €46,690 | €17,945 | €22,970 | €7,713 | ▼ 66.4% |
| Investment in fixed assets (approximation) | - | €0 | -€974 | €0 | ▲ 100% |
| Change in cash | - | €546 | €3,321 | -€13,578 | ▼ 509% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€1,017
Net result drops to -€1,017, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Quiévrain · 1 establishment unit since 2021
Ground area
515 m²
Building footprint
209 m²
Volume, LiDAR
1,195 m³
Parcel 53008A0401/00C000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
DELLS
since 20212.323.119.217
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53008A0401/00C000 | Wallonia | 515 m² | 1 · 209 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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COMME L
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ASPASIA
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Of 2,215 companies in sector 47711 we hold annual accounts for 888. 708 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47120Other non-specialised retail sale
47715Retail trade
Contact
E-mail
info@dells.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0775576069
Also
9925:BE0775576069
Registered
08-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.