Checked.be
Active
BE 1000.628.739Private limited company
DELWATE
Boulevard Rolin (Henri) 7 ·1410 Waterloo, Belgium· 2 yrs active
Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
(47110)
Conclusion
The computed 12-month bankruptcy probability of DELWATE is 2.4% (moderate). The 2024 annual accounts show equity of €396k and a net result of €-54k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €396k |
| Net result | €-54k |
| Staff (FTE) | 71.6 |
| Active | 2 yrs |
Snowflake analysis
30
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
30
Profitability
10
Solvency
15
Growth
-
Stability
67
Bankruptcy probability (12 mo)
2.4%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
30
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 29-07-2025 with the NBB · fiscal year 2024 · ander
| Fiscal year | 2024 |
|---|---|
| Deposit | ander |
| Revenue | €31.62M |
| EBITDA | €360k |
| Net profit | €-54k |
| Cash flow | €220k |
| Staff costs | €3.61M |
| Income taxes | €1k |
| Dividends | - |
| Total assets | €5.64M |
| Equity | €396k |
| Debt | €5.25M |
| of which ≤ 1y | €3.45M |
| of which > 1y | €1.79M |
| Working capital | €-170k |
| Employees (FTE) | 71.6 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.95 |
| Quick ratio | 0.63 |
| Working capital ratio | -3.0% |
| Solvency | 7.0% |
| Debt / equity | 13.25 |
| Long-term debt ratio | 4.53 |
| Interest coverage | 4.14 |
| Gross margin | 16.5% |
| Net margin | -0.2% |
| ROA | -1.0% |
| ROE | -13.6% |
| EBITDA margin | 1.1% |
| Days sales outstanding | 4d |
| Days payable outstanding | 35d |
| Inventory turnover | 23.87 |
| Days inventory (DSI) | 15d |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €5.64M |
| Fixed assets | 21/28 | €2.37M |
| Intangible fixed assets | 21 | €2.24M |
| Tangible fixed assets | 22/27 | €124k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €3.28M |
| Stocks & contracts in progress | 3 | €1.11M |
| Amounts receivable within one year | 40/41 | €489k |
| Cash & bank | 54/58 | €1.49M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €5.64M |
| Equity | 10/15 | €396k |
| Contributions / capital | 10/11 | €450k |
| Accumulated profits (losses) | 14 | €-54k |
| Amounts payable | 17/49 | €5.25M |
| Amounts payable after one year | 17 | €1.79M |
| Amounts payable within one year | 42/48 | €3.45M |
| Trade debts payable within one year | 44 | €2.53M |
| Income statement | ||
| Turnover | 70 | €31.62M |
| Operating result | 9901 | €86k |
| Financial income | 75 | €12k |
| Financial charges | 65 | €151k |
| Result before taxes | 9903 | €-53k |
| Income taxes | 67/77 | €1k |
| Net result for the period | 9904 | €-54k |
| Result to be appropriated | 9905 | €-54k |
Ratios computed by Checked.
Legal Structure
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 02-10-2023 |
| Status | Active |
| Postal code | 1410 |
Establishment units
DELWATE
since 20232.350.234.873
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
29-07-2025
NBB filing
Annual accounts filed
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE)
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114
Primary activity highlighted.
Names & trade names
| Legal nameFR | DELWATE |
Registered office
Boulevard Rolin (Henri) 7
1410 Waterloo, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies
VIAGOS
BE 0435.250.282 · Fosses-la-Ville
FQMS
BE 0752.619.436 · Huy
JEMAFEM
BE 0451.544.205 · Aalst
ADELTOING
BE 0757.651.855 · Antoing
EYNADIS
BE 0769.359.854 · Raeren