DELOCO (0878.168.714): financials and annual accounts

DELOCO

Merelbeke-Melle ·KBO/BCE: BE 0878.168.714

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	2.5m	2.3m	2.1m	2.0m	1.8m	1.4m	1.2m	1.1m	780,237	758,947	586,865	264,099	220,960	151,506	275,698	270,758	212,883	170,506	151,593
Formation expenses`20`	0	0	0	0	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-
Fixed assets`21/28`	1.3m	1.3m	1.4m	1.4m	1.2m	946,015	811,712	749,990	500,656	449,874	117,035	41,453	47,007	37,276	35,506	5,509	9,251	24,781	28,110
Tangible fixed assets`22/27`	1.2m	1.3m	1.3m	1.3m	1.2m	886,015	751,712	704,790	455,456	404,674	81,835	41,253	46,807	37,076	35,506	5,509	9,251	24,781	28,110
Land and buildings`22`	1.2m	1.2m	1.3m	1.3m	1.1m	838,643	713,222	667,041	420,853	365,805	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	1,759	2,266	0	0	-	-	-	-	-	-	-	-	-	-	-	-	317	713	1,189
Furniture and vehicles`24`	3,094	2,742	5,530	6,230	8,496	4,825	846	-	1,143	3,429	400	1,851	5,331	8,950	6,185	489	2,309	15,086	25,594
Other tangible fixed assets`26`	37,644	37,644	37,644	37,644	37,644	37,644	37,644	37,749	33,460	35,441	37,422	39,403	41,477	28,127	29,321	5,020	6,626	8,982	1,327
Assets under construction and advance payments`27`	-	2,151	2,699	-	-	4,902	-	-	-	-	44,013	-	-	-	-	-	-	-	-
Financial fixed assets`28`	73,890	63,467	135,000	60,000	60,000	60,000	60,000	45,200	45,200	45,200	35,200	200	200	200	-	-	-	-	-
Current assets`29/58`	1.2m	962,469	619,237	595,362	608,870	463,277	342,470	326,473	279,580	309,073	469,831	222,646	173,953	114,229	240,192	265,249	203,632	145,725	123,484
Amounts receivable after more than one year`29`	150,000	150,000	125,000	135,000	95,000	65,833	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts receivable`291`	150,000	150,000	125,000	135,000	95,000	65,833	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	101,870	108,529	115,094	117,033	119,740	133,387	131,081	197,788	174,663	112,633	380,851	37,496	32,846	8,535	121,763	119,236	75,305	45,892	22,334
Trade receivables`40`	745	4,635	745	7,033	9,740	745	745	75,745	56,109	14,200	55,286	3,967	-	8,535	1,895	38,274	10,331	10,748	10,539
Other amounts receivable`41`	101,125	103,894	114,348	110,000	110,000	132,642	130,336	122,043	118,555	98,433	325,564	33,529	32,846	-	119,868	80,962	64,975	35,144	11,796
Current investments`50/53`	784,287	614,815	300,865	232,485	257,749	156,382	100,862	60,349	88,302	128,671	38,551	83,972	60,076	44,752	57,342	121,715	107,047	67,624	43,864
Cash at bank and in hand`54/58`	148,715	87,815	78,119	79,435	134,391	105,523	107,395	64,518	16,615	65,092	47,763	98,173	79,265	59,229	59,517	23,239	19,881	31,181	55,671
Deferred charges and accrued income`490/1`	858	1,310	159	31,410	1,990	2,152	3,133	3,817	-	2,677	2,665	3,004	1,767	1,712	1,570	1,059	1,398	1,029	1,614
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.5m	2.3m	2.1m	2.0m	1.8m	1.4m	1.2m	1.1m	780,237	758,947	586,865	264,099	220,960	151,506	275,698	270,758	212,883	170,506	151,593
Equity`10/15`	2.1m	1.8m	1.7m	1.3m	1.2m	1.0m	774,507	636,962	496,880	402,093	233,033	242,623	175,829	96,727	254,090	199,064	149,699	101,414	62,652
Contributions`10/11`	18,600	18,600	18,600	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400	12,400
Contributions outside capital`11`	-	-	-	-	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other`1109/19`	-	-	-	-	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserves`13`	2.0m	1.8m	1.6m	1.3m	1.1m	970,912	705,713	568,169	428,086	333,300	147,756	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	-	-	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	2.0m	1.8m	1.6m	1.3m	1.1m	969,052	703,853	566,309	426,226	331,440	145,896	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	62,594	62,594	62,594	62,594	62,594	62,594	62,594	62,594	62,594	62,594	79,078	234,563	167,769	88,667	246,030	191,004	141,639	93,354	54,592
Amounts payable`17/49`	359,958	435,065	373,953	668,828	623,171	369,587	379,676	439,501	283,357	356,854	353,832	21,476	45,131	54,779	21,607	71,694	63,184	69,092	88,941
Amounts payable after more than one year`17`	244,092	260,626	300,119	343,973	387,550	230,851	273,883	316,641	190,650	218,550	246,450	-	-	-	-	-	-	-	8,824
Financial debts`170/4`	244,092	260,626	300,119	343,973	387,550	230,851	273,883	316,641	190,650	218,550	246,450	-	-	-	-	-	-	-	8,824
Amounts payable within one year`42/48`	35,315	116,954	65,526	324,155	210,039	138,735	103,889	122,860	92,707	138,172	107,253	20,821	45,131	54,779	21,157	71,694	63,184	68,642	80,117
Current portion of amounts payable after more than one year`42`	16,534	39,493	43,853	43,577	43,302	43,031	42,758	34,009	27,900	27,900	27,900	-	-	12,076	17,251	-	-	8,824	8,824
Financial debts`43`	-	-	-	33,439	45,938	-	16,719	29,167	14,583	14,583	12,500	10,000	10,000	-	-	-	-	-	-
Credit institutions`430/8`	-	-	-	33,439	45,938	-	16,719	29,167	14,583	14,583	12,500	10,000	10,000	-	-	-	-	-	-
Trade debts`44`	2,089	8,896	7,496	9,906	12,304	965	14,048	14,503	538	1,225	48,765	2,166	25,565	5,214	1,834	11,188	422	860	13,110
Suppliers`440/4`	2,089	8,896	7,496	9,906	12,304	965	14,048	14,503	538	1,225	48,765	2,166	25,565	5,214	1,834	11,188	422	860	13,110
Advances received on contracts in progress`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,500	12,100	-
Taxes, remuneration and social security`45`	16,693	68,565	14,176	236,173	54,882	94,739	29,563	45,181	49,686	94,464	18,088	8,205	9,566	6,349	2,072	30,506	15,262	16,858	28,183
Taxes`450/3`	16,693	63,230	8,988	45,570	49,853	94,739	29,563	45,181	49,686	94,464	18,088	8,205	9,566	6,349	2,072	30,506	15,262	16,858	28,183
Remuneration and social security`454/9`	-	5,335	5,187	190,603	5,028	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	-	-	-	1,059	53,614	-	800	-	-	-	-	450	-	31,141	-	30,000	35,000	30,000	30,000
Accrued charges and deferred income`492/3`	80,550	57,485	8,308	700	25,582	-	1,905	-	-	132	129	655	-	-	450	-	-	450	-
Income statement
Non-recurring operating income`76A`	588	-	-	-	1,098	-	-	-	-	11,681	8,043	25,785	5,986	6,174	4,224	14,439	3,508	5,714	5,643
Gross operating margin`9900`	579,548	698,865	537,776	539,540	469,622	428,780	229,658	271,189	203,202	291,417	37,356	78,256	96,605	103,384	94,300	108,314	89,396	87,287	127,420
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	44,588	46,840	45,505	43,991	40,359	28,545	20,906	43,112	19,064	13,839	4,948	5,512	8,732	13,389	10,041	4,492	4,996	16,397	16,548
Other operating charges`640/8`	6,042	6,019	5,398	4,664	2,775	3,073	4,138	3,779	3,312	2,618	2,844	4,090	2,077	1,601	2,537	2,943	2,790	1,771	2,679
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	10,815	-	-	13,280	17,572	203	-	-
Operating profit (loss)`9901`	528,917	646,006	486,873	490,885	426,489	397,161	204,614	224,298	180,826	274,960	29,564	68,654	85,796	88,394	81,721	100,879	81,610	69,119	108,193
Financial income`75/76B`	128,825	114,443	69,787	19,823	43,587	33,918	13,662	18,220	15,691	39,681	7,705	1,315	8,547	6,592	21,988	8,031	19,760	9,276	4,158
Recurring financial income`75`	70,639	79,886	16,522	17,374	40,901	11,037	9,990	18,220	5,224	11,681	7,705	1,315	8,547	6,592	21,988	8,031	19,760	9,276	4,158
Non-recurring financial income`76B`	58,186	34,557	53,265	2,450	2,687	22,881	3,672	-	10,467	27,999	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	72,187	143,224	44,398	65,175	9,844	24,338	9,010	10,593	5,683	9,640	5,023	-8,060	-6,870	25,472	21,519	757	6,562	1,070	3,840
Recurring financial charges`65`	72,187	143,224	44,398	35,023	9,844	13,891	9,010	6,676	5,683	9,640	5,023	-8,060	-6,870	25,472	21,519	757	6,562	1,070	3,840
Non-recurring financial charges`66B`	-	-	-	30,152	-	10,447	-	3,917	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	585,555	617,224	512,263	445,533	460,233	406,741	209,266	231,925	190,834	305,001	40,288	92,999	107,199	75,687	73,135	105,019	98,112	83,039	114,155
Income taxes`67/77`	182,994	216,071	170,718	145,546	144,261	141,542	70,922	91,842	96,047	119,457	49,878	26,205	28,097	22,051	18,109	25,654	14,826	14,277	27,703
Profit (loss) for the period`9904`	402,561	401,153	341,544	299,987	315,971	265,199	138,344	140,082	94,787	185,544	-9,589	66,794	79,102	53,637	55,026	79,365	83,286	68,762	86,452
Profit (loss) for the period to be appropriated`9905`	402,561	401,153	341,544	299,987	315,971	265,199	138,344	140,082	94,787	185,544	-9,589	66,794	79,102	53,637	55,026	79,365	83,286	68,762	86,452
Appropriation of the result
Profit (loss) to be appropriated`9906`	465,155	463,747	404,138	362,581	378,565	327,792	200,938	202,676	157,381	248,137	224,973	234,563	167,769	109,667	246,030	221,004	176,639	123,354	86,452
Profit (loss) brought forward from the previous period`14P`	62,594	62,594	62,594	62,594	62,594	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	137,544	234,869	-	185,544	46,794	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	402,561	401,153	341,544	299,987	315,971	265,199	137,544	140,082	94,787	185,544	145,896	-	-	-	-	-	-	-	1,860
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,860
To other reserves`6921`	402,561	401,153	341,544	299,987	315,971	265,199	137,544	140,082	94,787	185,544	145,896	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	137,544	234,869	-	185,544	46,794	-	800	-	-	-	-	-	-	21,000	-	30,000	35,000	30,000	30,000
Return on contributions (dividend)`694`	137,544	234,869	-	185,544	46,794	-	800	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	-	-	-	-	21,000	-	30,000	35,000	30,000	30,000
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Financial year	Type	Filed	Reference	Document
30-09-2025	micro format	01-04-2026	2026-00071930	PDF
30-09-2024	micro format	01-04-2025	2025-00063204	PDF
30-09-2023	micro format	03-04-2024	2024-00058615	PDF
30-09-2022	micro format	03-04-2023	2023-00053559	PDF
30-09-2021	micro format	07-04-2022	2022-20003108	PDF
30-09-2020	micro format	31-03-2021	2021-09500240	PDF
30-09-2019	micro format	02-04-2020	2020-08500373	PDF
30-09-2018	micro format	03-04-2019	2019-09400293	PDF
30-09-2017	micro format	02-04-2018	2018-09100355	PDF
30-09-2016	abbreviated format	05-04-2017	2017-09200138	PDF
30-09-2015	abbreviated format	01-04-2016	2016-09600051	PDF
30-09-2014	abbreviated format	02-04-2015	2015-09100526	PDF
30-09-2013	abbreviated format	02-04-2014	2014-08700119	PDF
30-09-2012	abbreviated format	03-04-2013	2013-08500431	PDF
30-09-2011	abbreviated format	02-04-2012	2012-08100147	PDF
30-09-2010	abbreviated format	31-03-2011	2011-07600253	PDF
30-09-2009	abbreviated format	31-03-2010	2010-08300593	PDF
30-09-2008	abbreviated format	31-03-2009	2009-09900193	PDF
30-09-2007	abbreviated format	01-04-2008	2008-09500219	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	573,505	692,846	532,378	534,876	466,848	425,706	225,520	267,410	199,890	288,799	34,511	74,165	94,528	101,783	91,763	105,371	86,606	85,516	124,741
Cash flow	447,150	447,993	387,049	343,979	356,330	293,744	159,250	183,194	113,851	199,383	-4,642	72,306	87,834	67,025	65,068	83,857	88,282	85,159	102,999
Investment in fixed assets (approximation)	13,390	4,614	80,700	217,599	318,425	162,848	82,628	292,446	69,846	202,520	80,529	-42	18,463	15,160	40,038	750	-10,534	12,625	44,657
Change in cash	60,900	9,695	-1,315	-54,956	28,868	-1,872	42,876	47,903	-48,477	17,329	-50,409	18,908	20,035	-288	36,279	3,358	-11,300	-24,490	-
Working capital	1.2m	845,515	553,711	271,207	398,831	324,542	238,582	203,613	186,874	170,901	362,578	201,824	128,822	59,450	219,035	193,555	140,448	77,083	43,367
Solvency	85.4%	80.9%	81.8%	66.4%	66.0%	73.8%	67.1%	59.2%	63.7%	53.0%	39.7%	91.9%	79.6%	63.8%	92.2%	73.5%	70.3%	59.5%	41.3%
Current ratio	33.58	8.23	9.45	1.84	2.90	3.34	3.30	2.66	3.02	2.24	4.38	10.69	3.85	2.09	11.35	3.70	3.22	2.12	1.54
Debt to equity	0.17	0.24	0.22	0.51	0.52	0.36	0.49	0.69	0.57	0.89	1.52	0.09	0.26	0.57	0.09	0.36	0.42	0.68	1.42
ROE	19.1%	21.7%	20.4%	22.7%	26.1%	25.5%	17.9%	22.0%	19.1%	46.1%	-4.1%	27.5%	45.0%	55.5%	21.7%	39.9%	55.6%	67.8%	138.0%
ROA	16.3%	17.6%	16.6%	15.1%	17.2%	18.8%	12.0%	13.0%	12.1%	24.4%	-1.6%	25.3%	35.8%	35.4%	20.0%	29.3%	39.1%	40.3%	57.0%
Interest coverage	7.94	4.84	11.99	15.27	47.43	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Tangible fixed assets	€2,967	€2,537	€5,700	€217,599	€318,425
Financial fixed assets	€10,423	€2,077	€75,000	-	-
Depreciation and write-downs of the year	€44,588	€46,840	€45,505	€43,991	€40,359

DELOCO

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency85.4%

Current ratio33.58

Return on assets16.3%

Filed annual accounts

Filings

Subsidies and aid

Flemish government 2022, 1 entry, €284 awarded, €284 paid

Key figures and ratios

Investments

Insights on DELOCO

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