Equity
-€5,846
Debts exceed assets in financial year 2025.
DELVAUX
Lifetime
19 annual accounts with figures on one time axis, 41 filings since 1985peak €120,508 (2007)
€2,493▼ 76.9%
lowest -€62,670 (2013)
-€8,450▼ €9,356
peak €27,742 (2007)
-€5,846▼ €8,450
€107,106▼ 12.6%
peak 3.4 FTE (2008)
-not published
Board1 name since 1985
-
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €10,781 to €2,493Loss of €8,450Equity from €2,604 to -€5,846Cash from €8,083 to €17,234
Key points
from the 2025 annual accountsChecked score
53
Fair
Financially stronger than 14% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025highest value
05-2025: 0.5%▼ -1.0 percentage point vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026lowest value
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 1.3%▲ +0.7 percentage points vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.3%● unchanged vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €8,450 (financial year 2025)
Negative equity -€5,846
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €101,259
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 47, micro). It does better than 17% of them on solvency, 19% on liquidity, 16% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,796 companies had the same profile as DELVAUX has now. Each dot stands for 7 companies, two years later.
90.3%
were still trading
6.0%
stopped another way
2.1%
went bankrupt
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DELVAUX itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,796 companies, not a prediction for DELVAUX. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.75 (0.82 in 2024), below 1. Short-term debt is 105.8% and cash 17% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€5,846
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2024
115 days early
2023
9 days early
2022
28 days late
2021
5 days early
2020
54 days early
2019
31 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 29 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Change of role: DELVAUX Philippe Yves Victor, from manager to director
Director discharge: DELVAUX Philippe Yves Victor (manager) · General meeting of 29-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0427594905
New establishment in Hasselt
Kapelstraat 34
Registered office moved from Tongeren to Hasselt
New registered office: Havermarkt 30 bus 5 te 3500 Hasselt · Previous registered office: Beukenbergweg 7 bus 4, 3700 Tongeren, België · Board meeting of 28-11-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DELVAUX Hasselt | €101,259 | €2,493 | -5.8% | - |
| Rentlight Antwerp | €59,375 | €3,072 | 79.2% | - |
| Caproens Jurgen Genk | €60,321 | €2,926 | 71.3% | - |
| VARESE Châtelet | €112,077 | -€2,226 | 25.8% | - |
| KOPERINO Brussels | €132,090 | -€9,592 | -596.2% | - |
| VAN TRICHT Puurs-Sint-Amands | €97,940 | €7,110 | 15.3% | - |
| D&G CONSULT Hasselt | €177,717 | -€44,853 | 94.5% | - |
These companies have the same main activity as DELVAUX: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €59,400 and €178,000, founded between 1982 and 2001.
Official details
Source: KBO- Status
- Active since 21-08-1985Normal situation
- Activity
- Retail sale of footwearNACE 47721and 1 other
- Establishment units
- 2.151.493.0583500 Hasselt, since 30-01-2006
- 2.301.484.3563500 Hasselt, since 01-03-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €26,000estimated
- €101,259▼ 19.1%
- Filing
- Filed on 13-07-2026, 18 days before the end of the filing period
Insights on DELVAUX
DELVAUX files the micro format. That format states no turnover. The gross margin fell from €120,508 in 2007 to €2,493 in 2025.
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 DELVAUX
- What is the company number of DELVAUX?
- The company number of DELVAUX is 0427.594.905. The VAT number is the same number with BE in front: BE 0427.594.905.
- Where is DELVAUX based?
- The registered office is at Havermarkt 30, 3500 Hasselt.Company details
- What does DELVAUX do?
- According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
- What is the legal form of DELVAUX?
- DELVAUX is a private limited company (BV).
- When was DELVAUX founded?
- DELVAUX was founded on 21-08-1985.
- Is DELVAUX still active?
- Yes, DELVAUX is an active enterprise in the KBO register.
- What is the turnover of DELVAUX?
- The turnover in financial year 2025 is ≈ €26,000. This figure is estimated from the gross margin of €2,493 and 118 comparable companies (NACE 477). It probably lies between €9,500 and €56,000. It is a rough estimate.Financials
- Is DELVAUX profitable?
- In financial year 2025, DELVAUX made a loss of €8,450.
- Where can I find the annual accounts of DELVAUX?
- DELVAUX filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DELVAUX due?
- DELVAUX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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