DELMO
ActiveSummary
DELMO has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €-23k. Equity is shrinking by ~15.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+5
Solvency54▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
short-term debt: 0% and cash: 7.5% of total assets, and 71.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-23k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
19 d late
2024
22 d late
2023
29 d late
2022
23 d late
2021
32 d early
2020
27 d late
2019
18 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€207k▼ 10.1%
2024 · €230k
Total assets
€717k▼ 3.8%
2024 · €745k
Net result
€-23k▲ 39.3%
2024 · €-38k
Working capital
€125k▼ 9.9%
2024 · €138k
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
Line20212022202320242025
Operating result€27k€-10k€-11k▼ 16.7%€-17k▼ 51.5%€-12k▲ 31.7%
Net result€16k€-16k€-19k▼ 14.5%€-38k▼ 107%€-23k▲ 39.3%
Equity€303k▼ 50.6%€287k▼ 5.3%€269k▼ 6.5%€230k▼ 14.3%€207k▼ 10.1%
Total assets€1.03M▼ 10.8%€922k▼ 10.1%€786k▼ 14.7%€745k▼ 5.2%€717k▼ 3.8%
Debt€645k▲ 41.6%€560k▼ 13.2%€445k▼ 20.5%€445k=€443k▼ 0.5%
Working capital€166k▼ 64.0%€165k▼ 0.6%€161k▼ 2.0%€138k▼ 14.4%€125k▼ 9.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €717k
Fixed assets
€593k ▼ 2.0%
Current assets
€125k ▼ 11.2%
Equity and liabilities €717k
Equity
€207k ▼ 10.1%
Provisions
€67k ▼ 3.8%
Debt
€443k ▼ 0.5%
Debt's share of the balance-sheet total rises from 59.7% to 61.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▲
2024 · €840
Cash flow
€-5k▲
2024 · €-21k
Debt to equity
2.14▲
2024 · 1.93
ROE
-11.2%▲
2024 · -16.7%
ROA
-3.2%▲
2024 · -5.1%
Interest coverage
0.36▲
2024 · 0.03
Debt ≤ 1 year
€0▼
2024 · €2k
Debt > 1 year
€443k=
2024 · €443k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €41k | - | €400 | €0 | - | - |
| Remuneration, social security and pensions62 | - | €14k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €18k | €18k | €18k | €18k | ▲ 2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €549 | - | - | - | - |
| Other operating charges640/8 | €2k | €2k | €3k | €4k | €3k | ▼ 25.6% |
| Gross operating margin9900 | €46k | €25k | €9k | €4k | €9k | ▲ 108% |
| Operating profit (loss)9901 | €27k | €-10k | €-11k | €-17k | €-12k | ▲ 31.7% |
| Financial income75/76B | €68 | - | - | €4k | €4k | ▼ 5.3% |
| Recurring financial income75 | €68 | - | - | €4k | €4k | ▼ 5.3% |
| Financial charges65/66B | €9k | €9k | €10k | €28k | €18k | ▼ 35.4% |
| Recurring financial charges65 | €9k | €9k | €10k | €28k | €18k | ▼ 35.4% |
| Profit (loss) for the period before taxes9903 | €17k | €-19k | €-21k | €-41k | €-26k | ▲ 36.8% |
| Transfer from deferred taxes780 | €3k | €3k | €3k | €3k | €3k | = |
| Income taxes67/77 | €4k | - | - | - | - | - |
| Profit (loss) for the period9904 | €16k | €-16k | €-19k | €-38k | €-23k | ▲ 39.3% |
| Transfer from tax-exempt reserves789 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) for the period to be appropriated9905 | €24k | €-8k | €-11k | €-30k | €-15k | ▲ 49.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.03M | €922k | €786k | €745k | €717k | ▼ 3.8% |
| Fixed assets21/28 | €658k | €641k | €623k | €605k | €593k | ▼ 2.0% |
| Tangible fixed assets22/27 | €658k | €641k | €623k | €605k | €593k | ▼ 2.0% |
| Land and buildings22 | €658k | €641k | €623k | €605k | €587k | ▼ 2.9% |
| Plant, machinery and equipment23 | - | - | - | - | €6k | - |
| Current assets29/58 | €368k | €282k | €164k | €140k | €125k | ▼ 11.2% |
| Stocks and contracts in progress3 | €5k | €2k | €2k | €0 | - | - |
| Stocks30/36 | €5k | €2k | €2k | €0 | - | - |
| Amounts receivable within one year40/41 | €68k | €593 | €65k | €70k | €71k | ▲ 1.6% |
| Trade receivables40 | €48k | €79 | - | €3k | €0 | ▼ 100% |
| Other amounts receivable41 | €20k | €515 | €65k | €67k | €71k | ▲ 5.6% |
| Current investments50/53 | €10k | €10k | €10k | €0 | - | - |
| Cash at bank and in hand54/58 | €285k | €269k | €87k | €70k | €54k | ▼ 23.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.03M | €922k | €786k | €745k | €717k | ▼ 3.8% |
| Equity10/15 | €303k | €287k | €269k | €230k | €207k | ▼ 10.1% |
| Contributions10/11 | €7k | €7k | €7k | €7k | €7k | = |
| Reserves13 | €279k | €271k | €228k | €220k | €212k | ▼ 3.6% |
| Tax-exempt reserves132 | €244k | €236k | €228k | €220k | €212k | ▼ 3.6% |
| Distributable reserves133 | €35k | €35k | - | - | - | - |
| Profit (loss) carried forward14 | €18k | €10k | €34k | €3k | €-12k | ▼ 457% |
| Provisions and deferred taxes16 | €78k | €75k | €72k | €70k | €67k | ▼ 3.8% |
| Deferred taxes168 | €78k | €75k | €72k | €70k | €67k | ▼ 3.8% |
| Amounts payable17/49 | €645k | €560k | €445k | €445k | €443k | ▼ 0.5% |
| Amounts payable after more than one year17 | €443k | €443k | €443k | €443k | €443k | = |
| Financial debts170/4 | €443k | €443k | €443k | €443k | €443k | = |
| Amounts payable within one year42/48 | €202k | €117k | €2k | €2k | €0 | ▼ 100% |
| Trade debts44 | €5k | €2k | €2k | €2k | €0 | ▼ 100% |
| Suppliers440/4 | €5k | €2k | €2k | €2k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €9k | €3k | - | €29 | €0 | ▼ 100% |
| Taxes450/3 | €9k | €3k | - | €29 | €0 | ▼ 100% |
| Other amounts payable47/48 | €188k | €112k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €-16k | €-19k | €-38k | €-23k | ▲ 39.3% |
| + Depreciation and write-downs630 | €18k | €18k | €18k | €18k | €18k | ▲ 2.0% |
| Operating cash flow (approximation) | €34k | €2k | €-709 | €-21k | €-5k | ▲ 75.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-6k | - |
| Change in cash | - | €-16k | €-182k | €-16k | €-17k | ▼ 3.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity times 33current ratio 79.15
Current ratio from 2.41 to 79.15; short-term debt falls from €117k to €2k.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are 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, Evergem · 1 establishment unit since 2002
Ground area
1.1 ha
Building footprint
2,811 m²
Volume, LiDAR
20,806 m³
Parcel 44019B0349/02H000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
'T GENTS KOOKPUNT
since 20022.113.281.293
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019B0349/02H000 | Flanders | 1.1 ha | 1 · 2,811 m² | 8.6 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-1994
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.