DELVA
ActiveSummary
DELVA has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €336,010 and a net result of €12,157. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 94.45; short-term debt: 1.1% and cash: 1.1% of total assets), and 1.1% of the assets are financed with debt.
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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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.9%
Return on assets
3.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
34 d early
2023
28 d late
2022
43 d late
2021
32 d early
2020
5 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€336,010▲ 3.8%
2024 · €323,853
Total assets
€339,605▲ 4.0%
2024 · €326,564
Net result
€12,157▲ 36.8%
2024 · €8,887
Working capital
€336,010▲ 3.8%
2024 · €323,853
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€190,964▲ 192%-€49,505-€33,641▲ 32.0%€10,956€15,167▲ 38.4%
Net result€133,069above the sector's middle half▲ 190%-€51,166below the sector's middle half-€34,915below the sector's middle half▲ 31.8%€8,887within the sector's middle half€12,157within the sector's middle half▲ 36.8%
Equity€401,046above the sector's middle half▲ 49.7%€349,880above the sector's middle half▼ 12.8%€314,966above the sector's middle half▼ 10.0%€323,853above the sector's middle half▲ 2.8%€336,010above the sector's middle half▲ 3.8%
Total assets€468,387above the sector's middle half▲ 8.8%€358,296above the sector's middle half▼ 23.5%€322,385within the sector's middle half▼ 10.0%€326,564above the sector's middle half▲ 1.3%€339,605above the sector's middle half▲ 4.0%
Debt€67,341▼ 58.6%€8,415▼ 87.5%€7,419▼ 11.8%€2,711▼ 63.5%€3,595▲ 32.6%
Working capital€402,912above the sector's middle half▲ 55.8%€349,880above the sector's middle half▼ 13.2%€314,966above the sector's middle half▼ 10.0%€323,853above the sector's middle half▲ 2.8%€336,010above the sector's middle half▲ 3.8%
Solvency85.6%above the sector's middle half▲ 23.4pp97.7%above the sector's middle half▲ 12.0pp97.7%above the sector's middle half=99.2%above the sector's middle half▲ 1.5pp98.9%above the sector's middle half▼ 0.2pp
Current ratio7.15above the sector's middle half▲ 4.5142.58above the sector's middle half▲ 35.4243.45above the sector's middle half▲ 0.8894.45above the sector's middle half
Return on assets (ROA)28.4%above the sector's middle half▲ 17.7pp-14.3%below the sector's middle half▼ 42.7pp-10.8%below the sector's middle half▲ 3.5pp2.7%within the sector's middle half▲ 13.6pp3.6%within the sector's middle half▲ 0.9pp
Staff (FTE)2.1▼ 4.5%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €339,605
Equity
€336,010 ▲ 3.8%
Debt
€3,595 ▲ 32.6%
Debt's share of the balance-sheet total rises from 0.8% to 1.1%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.01▲
2024 · 0.01
ROE
3.6%▲
2024 · 2.7%
Debt ≤ 1 year
€3,595▲
2024 · €2,711
Income taxes
€2,087▲
2024 · €1,508
Staff costs
€170▼
2024 · €245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 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% | 1.7% |
| 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 75% 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 17,027 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €165,808 | €2,097 | €93 | - | - | - |
| Remuneration, social security and pensions62 | €4,931 | €2,308 | - | €245 | €170 | ▼ 30.5% |
| Other operating charges640/8 | €1,665 | €994 | €1,042 | €452 | €744 | ▲ 64.6% |
| Non-recurring operating charges66A | €190 | €186 | - | - | - | - |
| Gross operating margin9900 | €197,750 | -€46,018 | -€32,599 | €11,653 | €16,081 | ▲ 38.0% |
| Operating profit (loss)9901 | €190,964 | -€49,505 | -€33,641 | €10,956 | €15,167 | ▲ 38.4% |
| Financial charges65/66B | €1,043 | €959 | €576 | €561 | €923 | ▲ 64.5% |
| Recurring financial charges65 | €1,043 | €959 | €576 | €561 | €923 | ▲ 64.5% |
| Profit (loss) for the period before taxes9903 | €189,921 | -€50,464 | -€34,217 | €10,395 | €14,245 | ▲ 37.0% |
| Income taxes67/77 | €56,852 | €702 | €697 | €1,508 | €2,087 | ▲ 38.4% |
| Profit (loss) for the period9904 | €133,069 | -€51,166 | -€34,915 | €8,887 | €12,157 | ▲ 36.8% |
| Profit (loss) for the period to be appropriated9905 | €133,069 | -€51,166 | -€34,915 | €8,887 | €12,157 | ▲ 36.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €468,387 | €358,296 | €322,385 | €326,564 | €339,605 | ▲ 4.0% |
| Current assets29/58 | €468,387 | €358,296 | €322,385 | €326,564 | €339,605 | ▲ 4.0% |
| Amounts receivable after more than one year29 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Other amounts receivable291 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Amounts receivable within one year40/41 | €184,232 | €189,534 | €199,297 | €236,441 | €255,712 | ▲ 8.2% |
| Trade receivables40 | €14,588 | €2,671 | €3,361 | - | - | - |
| Other amounts receivable41 | €169,644 | €186,863 | €195,936 | €236,441 | €255,712 | ▲ 8.2% |
| Cash at bank and in hand54/58 | €204,155 | €88,762 | €43,088 | €10,123 | €3,894 | ▼ 61.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €468,387 | €358,296 | €322,385 | €326,564 | €339,605 | ▲ 4.0% |
| Equity10/15 | €401,046 | €349,880 | €314,966 | €323,853 | €336,010 | ▲ 3.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €382,454 | €331,288 | €296,374 | €305,261 | €317,418 | ▲ 4.0% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €380,595 | €329,429 | €294,515 | €303,401 | €315,559 | ▲ 4.0% |
| Amounts payable17/49 | €67,341 | €8,415 | €7,419 | €2,711 | €3,595 | ▲ 32.6% |
| Amounts payable after more than one year17 | €1,866 | - | - | - | - | - |
| Financial debts170/4 | €1,866 | - | - | - | - | - |
| Amounts payable within one year42/48 | €65,475 | €8,415 | €7,419 | €2,711 | €3,595 | ▲ 32.6% |
| Current portion of amounts payable after more than one year42 | €3,687 | €1,866 | - | - | - | - |
| Financial debts43 | €60,000 | - | - | - | - | - |
| Credit institutions430/8 | €60,000 | - | - | - | - | - |
| Trade debts44 | €1,787 | €4,478 | €6,020 | €506 | - | - |
| Suppliers440/4 | €1,787 | €4,478 | €6,020 | €506 | - | - |
| Taxes, remuneration and social security45 | - | €2,071 | €1,399 | €2,205 | €3,595 | ▲ 63.0% |
| Taxes450/3 | - | €702 | €1,399 | €2,205 | €3,595 | ▲ 63.0% |
| Remuneration and social security454/9 | - | €1,370 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €133,069 | -€51,166 | -€34,915 | €8,887 | €12,157 | ▲ 36.8% |
| Operating cash flow (approximation) | €133,069 | -€51,166 | -€34,915 | €8,887 | €12,157 | ▲ 36.8% |
| Change in cash | - | -€115,393 | -€45,674 | -€32,964 | -€6,229 | ▲ 81.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €8,887
Net result €8,887 after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 120.44
Current ratio from 43.45 to 120.44; short-term debt falls from €7,419 to €2,711.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
31-12
Financial
Weakest financial yearnet -€51,166
Net result drops to -€51,166, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 42.58
Current ratio from 7.15 to 42.58; short-term debt falls from €65,475 to €8,415.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €133,069 ▲190%
Operating result €190,964, net result €133,069, both a record.
31-12
Financial
Liquidity triplescurrent ratio 7.15
Current ratio from 2.65 to 7.15; short-term debt falls from €157,135 to €65,475.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Riemst · 1 establishment unit since 2000
Ground area
577 m²
Building footprint
263 m²
Volume, LiDAR
930 m³
Parcel 73066A0749/00M000, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DELVIGNE SUPRA
since 20002.099.743.459
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73066A0749/00M000 | Flanders | 577 m² | 1 · 263 m² | 8.7 m · 1 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.
Recognitions · licences · registrations
Dual-learning approval
3 endedWinkelbediende (so)
Winkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 3,655 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 (pre-2019)
Founded01-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.