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Delmo

Active Public limited companyfounded 1980active for 45 yearsMeensesteenweg (Bis) 130, 8501 KortrijkKBO/BCE: BE 0421.332.762 #10 oldest company in Kortrijk, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 46 filings since 1980
peak €101,483 (2014)
€51,783▲ 0.4%
lowest -€198,864 (2023)
€37,321▲ 44.5%
peak €918,271 (2021)
€701,905▲ 5.6%
€285,353▼ 2.5%
peak 0.7 FTE (2014)
-not published
Board4 names since 2015
2 directors and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
05-08-20265 days late
2025micro format
Result from €25,821 to €37,321

Key points

from the 2025 annual accounts

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Filings

46 annual accounts since 1980
AprilJune31 JulyOctober1980199520102025

Three of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.

Position in the sector

€701,905

More equity than 94% of companies in office administrative support. Sector median €54,787 · 10,264 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,769 companies had the same profile as Delmo has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • 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 497,331 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 14,769 companies, not a prediction for Delmo. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Managing director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0421332762
2 directors resigning, 3 reappointments Changes of role: (managing director) and (managing director) · Resignations: and · Reappointments: , and · Gazette deed
1 director appointed, 3 reappointments Reappointments: , and · Appointment: · General meeting of 01-10-2017 · Gazette deed
Appointment: (director) General meeting of 17-05-2016 · Gazette deed
All 60 events

Comparable companies

same main activity, similar in size and age
Company
Delmo Kortrijk €1.3m €51,783 52.3% -
CALIS INDUSTRIE Wevelgem €0.6m €127,634 42.2% -
MARO RECYCLING Ledegem €2.5m €226,454 56.0% 0
MACRIMO Heusden-Zolder €0.3m €79,135 60.0% -
Engetec Beringen €0.5m €57,374 40.8% -
MILLENNIUM PROJECTS Sint-Katelijne-Waver €2.6m €207,965 80.5% 3.5
Logghe en Co Ostend €3.4m €236,012 64.4% -

These companies have the same main activity as Delmo: office administrative, office support and other business support activities (NACE 82920). They are comparable in size and age: total assets between €320,000 and €3.4m, founded between 1982 and 2001.

Official details

Source: KBO
Status
Active since 30-12-1980Normal situation
Activity
Office administrative, office support and other business support activitiesNACE 82920and 2 others
Establishment unit
2.038.595.4518501 Kortrijk, since 10-02-1981
Financial year end
31 December
Peppol
Reachable since 27-09-2024
Company details

Annual accounts 2025

€1.3m▲ 0.1%
Filing
Filed on 05-08-2026
Financials

Insights on Delmo

Delmo files the micro format. That format states no turnover. The gross margin rose from €6,416 in 2006 to €51,783 in 2025.

The balance sheet grew most from 2010 to 2012 through fixed assets.

In December 2021, the Official Gazette published the appointment of as managing director.

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 Delmo

What is the company number of Delmo?
The company number of Delmo is 0421.332.762. The VAT number is the same number with BE in front: BE 0421.332.762.
Where is Delmo based?
The registered office is at Meensesteenweg (Bis) 130, 8501 Kortrijk.Company details
What does Delmo do?
According to the KBO register, the main activity is office administrative, office support and other business support activities (NACE 82920).
What is the legal form of Delmo?
Delmo is a public limited company (NV).
When was Delmo founded?
Delmo was founded on 30-12-1980.
Is Delmo still active?
Yes, Delmo is an active enterprise in the KBO register.
What is the turnover of Delmo?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €51,783 and 36 comparable companies (NACE 82). It probably lies between €86,000 and €150,000.Financials
Is Delmo profitable?
In financial year 2025, Delmo made a profit of €37,321.
Where can I find the annual accounts of Delmo?
Delmo filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Delmo due?
Delmo must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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