Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Dalco from Duffel, company number BE0404045976, closed financial year 2025 with a result of € -12,659 after tax. For that financial year Dalco recorded a gross margin of € 760,776 and equity of € 308,185. Compared with financial year 2024, the result moved from € 9,526 to € -12,659. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 308,185
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,659
▼ still € 9,526 profit in 2024
Profit after tax over the fiscal year.
€ 42,488
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 248,675.
People and assets in 2025
10.6
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 727,834
▼ 1% vs 2024
€ 68,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 60,498
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 262,416
▲ 26% vs 2024
€ 65,272 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 603,208
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,446
▼ 22% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 716,975 | € 725,377 | € 792,550 | € 760,776 | ▼ 4% |
| Profit after taxes | € 12,516 | € -11,241 | € 9,526 | € -12,659 | ▼ € 22,185 |
| Equity | € 322,560 | € 311,319 | € 320,844 | € 308,185 | ▼ 4% |
| Total debts | € 919,597 | € 757,440 | € 973,392 | € 934,695 | ▼ 4% |
| Cash | € 124,620 | € 17,453 | € 60,066 | € 42,488 | ▼ 29% |
| Land & buildings | € 205,756 | € 192,925 | € 181,189 | € 169,452 | ▼ 6% |
| Retained profit | € 268,460 | € 251,809 | € 261,334 | € 248,675 | ▼ 5% |
| Bank debt | € 247,708 | € 228,014 | € 207,933 | € 262,416 | ▲ 26% |
| Balance sheet total | € 1,242,157 | € 1,068,758 | € 1,294,236 | € 1,242,880 | ▼ 4% |
| Employees (FTE) | 10.7 | 11.1 | 10.9 | 10.6 | ▼ 0.3 |
Key figures of Dalco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Dalco?
What happened at Dalco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,659 (▼ € 22,185 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Duffel. KBO
In short
From € 12,516 profit in 2022 to € 12,659 loss in 2025.
Paid € 1,947 in corporate taxes since 2022.
Best year ever: 2022, with € 12,516 profit.
On average € 71,800 of value added per employee in 2025.
Management
The stake of JOCSRE, TYCHE INTERNATIONAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DalcoBehind Dalco are Denise Reijnaers and Karina Reijnaers. The shares are held by JOCSRE (33.3%) and TYCHE INTERNATIONAL (32.5%).
Directors
According to the 2025 annual accounts
Denise Reijnaers
Director
Shareholders
33.3%
32.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Liersebaan 185
2570 Duffel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0404.045.976
- VAT number
- BE 0404.045.976
- Registered office
- Oude Liersebaan 185, 2570 Duffel
- Names & denominations
- Dalco
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 August 1965
- Peppol
- Active · Active since 16 Jan 2025
- Contact
- dalco.be
- Activities · NACE
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