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Delta18

Active
Private limited company (pre-2019)founded 2011active for 15 yearsMaurice Verdoncklaan 66, 9050 Gent, BelgiumKBO/BCE: BE 0840.527.269
Summary

Delta18 has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,758 and a net result of €26,073. Equity has been growing by about 14% per year since 2019. Its solvency ranks better than 89% of 13,749 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-10-2011 Normal situation
Activity
Wholesale trade NACE 46480
Establishment unit
2.204.665.983 9050 Gent, since 19-10-2011
Financial year end
30 September
Peppol
Reachable

Board and ownership

Shareholders
  • Sophie Deleynannual accounts 30-09-2020
  • Marc Woutersannual accounts 30-09-2020

Financial position

99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 30-09-2025
Turnover
€48,136
▲ 78.1%
Profit
€26,073
▲ 83.4%
Equity
€68,758
▲ 61.1%
Total assets
€77,783
▲ 49.6%
Score breakdownraises riskSize: turnover €48,136, total assets €77,783lowers riskLiquidity: current ratio 7.39, cash €52,155Equity €68,758 (88.4% of total assets)Founded in 2011Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 93% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 88.4% of total assets
Liquidity 99+4
short-term debt 11.6% · cash 67.1%
Profitability 100=
return on assets 33.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: 0.1%▲ +0.1 percentage points vs 01-2026 03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.39 (4.61 in 2024), above the usual 1.5. Short-term debt is 11.6% and cash 67.1% of total assets. 11.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 95% on liquidity, 95% on profitability and 92% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 7.39, cash €52,155
NBB · annual accounts
lowers risk · Equity €68,758 (88.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €48,136, total assets €77,783
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-02-2026, 68 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
68 days early
2024
63 days early
2023
38 days early
2022
85 days early
2021
5 days late
2020
on the day
2019
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 26 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end04-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 89% of companies in wholesale tradesector median 40.5% · 13,749 companies 88.4% View
  • Positive: 7 profitable years in a rowprofit 2025: €26,073 7 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Delta18: wholesale trade (NACE 46480). They are comparable in size and age: total assets between €58,800 and €139,000, founded between 2008 and 2016.

CompanyTotal assetsGross margin
Delta18 Gent€77,783€37,707
ORIZON Binche€93,819€31,229
ALFA TIME Schilde€58,768€15,860
THILL-ROYAUX Sint-Gillis (bij-Brussel)€97,839€14,131
MAXIME VINCENT Halle€122,510€18,183
CHRIS10 DEUREN Beveren-Kruibeke-Zwijndrecht€139,116€65,509
ELIANE & MIKELLA Antwerpen€120,340€36,649
Full comparison

Key facts about Delta18

What is the company number of Delta18?
The company number of Delta18 is 0840.527.269. The VAT number is the same number with BE in front: BE 0840.527.269.
Where is Delta18 based?
The registered office is at Maurice Verdoncklaan 66, 9050 Gent.Company details
What does Delta18 do?
According to the KBO register, the main activity is wholesale trade (NACE 46480).
What is the legal form of Delta18?
The legal form of Delta18 is Private limited company (pre-2019) (BVBA).
When was Delta18 founded?
Delta18 was founded on 19-10-2011.
Is Delta18 still active?
Yes, Delta18 is an active enterprise in the KBO register.
What is the turnover of Delta18?
The turnover of Delta18 was €48,136 in financial year 2025, according to the filed annual accounts.Financials
Is Delta18 profitable?
In financial year 2025, Delta18 made a profit of €26,073.
Where can I find the annual accounts of Delta18?
Delta18 filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Delta18 due?
Delta18 must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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