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DELWAM

Active
Private limited company (pre-2019)founded 200025 years activeLouis Lepoutrelaan 51, 1050 Elsene, BelgiumKBO/BCE: BE 0473.593.887
Summary

DELWAM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€168,941) and a net result of €880. Equity is shrinking by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Activity not known
Size
€719total assets 2025
Equity
-€168,941
Profit
€880
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts filed 2 days late0 of 6 deeds read
Why 55Capped at 59: negative equity- Negative equity -€168,941- No establishment unit in the KBO+ Size: total assets €719+ Founded in 2000Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 45% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 0=
equity -23496.7% of total assets
Liquidity 50+22
short-term debt 1146.6% · cash 100.0%
Profitability 100+50
return on assets 122.4%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.8% 12-2024: 2.1%▲ +0.3 percentage points vs 11-2024 01-2025: 2.2%▲ +0.1 percentage points vs 12-2024 02-2025: 1.5%▼ -0.7 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.4%▼ -0.1 percentage points vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.5%▲ +0.1 percentage points vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.8%▲ +0.3 percentage points vs 11-2025 01-2026: 1.9%▲ +0.1 percentage points vs 12-2025 02-2026: 2.8%▲ +0.9 percentage points vs 01-2026highest value 03-2026: 0.7%▼ -2.1 percentage points vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026lowest value 08-2026: 0.7%● unchanged vs 07-2026lowest value 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 5% on solvency, 35% on liquidity, 90% on profitability and 50% on growth.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €719
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€168,941
NBB · annual accounts
lowers risk · Founded in 2000
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · No establishment unit in the KBO
KBO · seat and establishments
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 filings
Deviation from the deadline
2025
2 days late
2024
4 days early
2023
on the day
2022
20 days late
2020
27 days late
2019
8 days early
2018
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 2 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close08-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Back to profitnet €880
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€168,941 View
  • Active since 2000founded 22-12-2000 25 years View
  • Total assets 20256 fiscal years filed €719 View

By topic

Financials

Fiscal year
2025
Total assets
€719
Profit
€880
Solvency
-23496.7%
Total assets▼ 85.1%
Net result
20192025
Go to Financials

Timeline

Events
11
Since
2016
Next accounts
by 31-01-2027
  1. 31-01-2024Annual accounts filed
  2. 20-02-2023Annual accounts filed
  3. 27-02-2021Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Founded
22-12-2000
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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