Active · per the CBE, 30 October 2026

DELBACO

BE0415427937

Rechtspersoon Public limited company 1 establishment

DELBACO is a property company in Kortrijk. Public Limited, started on 23 September 1975, 1 establishment.

Hoog Mosscher(Kor) 82, 8500 Kortrijk

Behind the company: Michel DELFOSSE, Anna DELFOSSE - VAN CAUWENBERGH.

Active for

51 year, 1 month

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 3 % of short-term debt in 2026; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 7.8 to 3.3.

Financials

Financial year 2026

DELBACO from Kortrijk, company number BE0415427937, closed financial year 2026 with a result of € 130,285 after tax. For that financial year DELBACO recorded revenue of € 404,179 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € 582,483 to € 130,285. The company is profitable. The buffer shrank hard: equity is 92 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.

What it is worth Shrank hard

€ 1.3 million

▼ 92% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 130,285

▼ 78% vs 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 12,295

▼ 30% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2026. Retained profit grew to € 750,430.

People and assets in 2026

Full-time equivalents

3.3

▼ 3.8 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 286,203

▼ 52% vs 2025

€ 86,700 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.

Vehicles and equipment

€ 129,842

▲ € 100,639 vs 2025

Book value of vehicles, furniture and equipment.

Debts at end 2026

Bank debt ≈ 9 years to go

€ 1.5 million

▼ 18% vs 2025

€ 162,500 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 28,790

▼ 62% vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.

Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Revenue € 836,800 € 772,400 € 773,450 € 404,179 ▼ 48%
Profit after taxes € 2,879,253 € 243,826 € 582,483 € 130,285 ▼ 78%
Equity € 16,226,460 € 16,470,285 € 17,052,768 € 1,346,146 ▼ 92%
Total debts € 5,596,639 € 5,751,867 € 4,803,297 € 3,362,734 ▼ 30%
Cash € 2,672 € 1,440,852 € 17,539 € 12,295 ▼ 30%
Land & buildings € 2,815,454 € 3,374,181 € 3,434,918 € 3,042,189 ▼ 11%
Retained profit € 10,269,401 € 10,513,227 € 11,095,710 € 750,430 ▼ 93%
Bank debt € 1,644,817 € 2,166,049 € 1,785,139 € 1,467,084 ▼ 18%
Balance sheet total € 22,371,435 € 22,702,044 € 22,318,933 € 5,095,105 ▼ 77%
Employees (FTE) 6.9 7.8 7.1 3.3 ▼ 3.8

Key figures of DELBACO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.

What happened to DELBACO?

What happened at DELBACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2026: profit of € 130,285 (▼ 78% vs 2025). Source: NBB ↗
  • Start of the company according to the CBE. KBO
  • New establishment in Deerlijk. KBO

In short

From € 2.9 million profit in 2023 to € 130,285 profit in 2026.

Paid € 407,170 in corporate taxes since 2023.

Best year ever: 2023, with € 2.9 million profit.

Pays suppliers within 39 days on average.

Management

Michel DELFOSSE
Anna DELFOSSE - VAN CAUWENBERGH
DELBACO
Delcor 100%

Behind DELBACO are Michel DELFOSSE and Anna DELFOSSE - VAN CAUWENBERGH. It owns 100% of Delcor itself.

Directors

According to the 2026 annual accounts

Michel DELFOSSE

Managing director

Also active at: DELCOR, FABRIMODE, DELBOR, Delmakor

Anna DELFOSSE - VAN CAUWENBERGH

Director

Also active at: DELCOR, FABRIMODE, DELBOR, Delmakor

Establishments

Establishment units

Physical locations of this company

Registered office

Hoog Mosscher(Kor) 82

8500 Kortrijk

2.038.272.579

Theo Nuyttenslaan 5

8540 Deerlijk

Active since 1 September 1975

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0415.427.937
VAT number
BE 0415.427.937
Registered office
Hoog Mosscher(Kor) 82, 8500 Kortrijk
Names & denominations
DELBACO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
23 September 1975
Peppol
Active · Active since 3 Sept 2024
Activities · NACE

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Frequently asked questions

What does DELBACO do?
DELBACO is a property company in Kortrijk. Public Limited, started on 23 September 1975, 1 establishment.
What is the address of DELBACO?
The registered office of DELBACO is located at Hoog Mosscher(Kor) 82, 8500 Kortrijk.
Is DELBACO still active?
Yes. According to the CBE (30 October 2026) DELBACO is active, legal situation “Normale toestand”, started on 23 September 1975.
Is DELBACO registered on Peppol?
Yes, DELBACO is registered on the Peppol network with ID 0208:0415427937.
What is the enterprise number of DELBACO?
The enterprise number of DELBACO is BE0415427937.
When was DELBACO founded?
DELBACO was founded on 23 September 1975.