DLX Holdings

Active

Public limited companyfounded 2011active for 15 yearsLouis Schmidtlaan 7, 1040 Etterbeek, Belgium11 active companies are registered at this addressKBO/BCE: BE 0839.185.602

Summary

The annual accounts of DLX Holdings for financial year 2026 show a net loss of 185% of total assets and of 65% of the equity at the start of that year. The 2026 annual accounts show equity of €60.6m and a net result of -€112.7m. Equity is growing by about 5% per year across the filed financial years. The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisFollow Report Compare

DLX HoldingsActiveChecked score 54/100

Risk analysis Report Compare

Activity

“L'investissement, la souscription, la prise ferme, le placement, l'achat, la vente et la négociation…” (deed in French)

From the articlesNo NACE code in the KBO yet1 site

Size

€60.9mtotal assets 2026

Equity: €60.6m
Loss: -€112.7m

Financial health

54 Fair Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.5%

Structure

Parent: Compagnie Financière Richemont SA
Holdings: 1

Auditor: KPMG2026 accounts 16 days early

Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 66.22, cash €0, halvedLoss of €112.7m (financial year 2026)lowers riskSize: total assets €60.9mEquity €60.6m (99.5% of total assets)Show the evidence

Checked score

Score 2026

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 23% of its sector peers (no NACE code, large)

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Average

Solvency 100=

equity 99.5% of total assets

Liquidity 50=

short-term debt 0.5% · cash 0.0%

Profitability 0-42

return on assets -185.0%

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.3 percentage points vs 09-2026highest value

Credit of up to €3,250,000 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 66.22, compared with 15.56 in 2025, above the usual 1.5; short-term debt: 0.5% and cash: 0% of total assets), and 0.5% of the assets are financed with debt and provisions.

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, large): better than 67% on solvency, 24% on liquidity, 1% on profitability and 1% on growth.

The bankruptcy probability was computed on 28-10-2026 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 riskraises riskneutral

Size: total assets €60.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 66.22, cash €0, halved

NBB · annual accounts

Loss of €112.7m (financial year 2026)

NBB · annual accounts

Equity €60.6m (99.5% of total assets)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 15-10-2026, 16 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2026

16 days early

2025

23 days early

2024

on the day

2023

15 days early

2022

12 days early

2020

25 days late

2019

5 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 5 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 16 October (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

29-10-2026 today31-03-2027 year end31-10-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-10-2026 Annual accounts filedfinancial year 2026 · full…
31-03-2026 Weakest financial yearnet -€112.7m
31-03-2026 Liquidity more than quadruplescurrent ratio 66.22

Key points

Caution: From profit to loss in 2026after €2.9m in 2025 -€112.7m View
Controlled by Compagnie Financière Richemont SAknown shareholders 100% parent View
Board changedlatest change 23-02-2026 · 3 in office 1 joined · 1 left View
Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View

By topic

Financials

Financial year: 2026
Total assets: €60.9m
Loss: -€112.7m
Solvency: 99.5%

Total assets▼ 65.1%

Net result

20182026

Go to Financials

Board & ownership

Board: 3 members
Parent: Compagnie Financière Richemont SA
Known shareholders: 100%
Auditor: KPMG

Jean-Marc LoubierDirector
Axel MeyerDirector
Karine WillameDirector

Go to Board & ownership

Network & group

Subsidiaries, all levels: 6
Direct holdings: 1
Connected companies: 13

6 subsidiaries

Go to Network & group

Timeline

Events: 49
Since: 2011
Next accounts: by 31-10-2027

23-03-2026Resignation: Grégoire Bedoret (director)
28-11-2025Resignation: Thomas Loest (director)
28-11-2025Appointment: KPMG (statutory auditor)

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Founded: 09-09-2011
Year ends: 31-03
Peppol: Not found in the Peppol directory

Go to Company details

Articles of association

Provisions read: 27

Financial year: From 1 January to 31 December
Annual meeting: Third Thursday of June
Purpose: “L'investissement, la souscription, la prise ferme, le placement, l'achat, la vente et la…” (deed in French)

Go to Articles of association

Key facts about DLX Holdings

What is the company number of DLX Holdings?: 0839.185.602. In Belgium the VAT number is the company number with BE in front: BE 0839.185.602.
Where is DLX Holdings based?: The registered office is at Louis Schmidtlaan 7, 1040 Etterbeek.Company details
What is the legal form of DLX Holdings?: Public limited company (NV).
When was DLX Holdings founded?: On 09-09-2011.
Is DLX Holdings still active?: Yes, DLX Holdings is an active enterprise in the KBO register.
What is the turnover of DLX Holdings?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is DLX Holdings profitable?: In financial year 2026, DLX Holdings made a loss of €112.7m.
Where can I find the annual accounts of DLX Holdings?: DLX Holdings filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of DLX Holdings due?: By 31-10-2027, for financial year 2027.Timeline