Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2025
MAROQUINERIE DELVAUX BELGIUM from Etterbeek, company number BE0425153770, closed financial year 2025 with a result of € -109,719 after tax. For that financial year MAROQUINERIE DELVAUX BELGIUM recorded revenue of € 2.3 million and equity of € -4 million. Compared with financial year 2024, the result moved from € -121,090 to € -109,719. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ -4 million
▼ € 109,719 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -109,719
▲ 9 % less loss than in 2024
Profit after tax over the fiscal year.
€ 35
▼ € 107,064 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.1 million.
People and assets in 2025
36.8
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 5% vs 2024
€ 59,400 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.
€ 2,744
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 62,215
▲ 61% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 82 days on average.
€ 274,049
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,061,962 | € 1,063,824 | € 1,193,745 | € 2,341,169 | ▲ 96% |
| Profit after taxes | € 137,467 | € 108,234 | € -121,090 | € -109,719 | ▲ € 11,371 |
| Equity | € -3,890,735 | € -3,782,501 | € -3,903,591 | € -4,013,310 | ▼ € 109,719 |
| Total debts | € 10,765,401 | € 9,164,314 | € 8,538,677 | € 8,336,264 | ▼ 2% |
| Cash | € 517 | € 1,261 | € 107,099 | € 35 | ▼ € 107,064 |
| Retained profit | € -4,014,682 | € -3,906,448 | € -4,027,538 | € -4,137,256 | ▼ € 109,719 |
| Bank debt | € 3,000,000 | € 3,000,000 | € 0 | € 0 | |
| Balance sheet total | € 6,937,361 | € 5,381,813 | € 4,635,086 | € 4,322,955 | ▼ 7% |
| Employees (FTE) | 38.2 | 34.9 | 35.7 | 36.8 | ▲ 1.1 |
Key figures of MAROQUINERIE DELVAUX BELGIUM, 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 October 2026.
What happened to MAROQUINERIE DELVAUX BELGIUM?
What happened at MAROQUINERIE DELVAUX BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Marc Loubier stepped down as director. NBB
- Thomas Loest stepped down as director. NBB
- Grégoire Bedoret stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 109,719. Source: NBB ↗
- Jean-Marc Loubier became a director. NBB
- Thomas Loest became a director. NBB
- Grégoire Bedoret became a director. NBB
- New establishment in Etterbeek. KBO
In short
From € 137,467 profit in 2022 to € 109,719 loss in 2025.
Best year ever: 2022, with € 137,467 profit.
Pays suppliers within 82 days on average.
A new publication or filing at MAROQUINERIE DELVAUX BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Delvaux Design Coordination & Finances SA (99.9%) and Delvaux Créateur SA (0.1%). It owns 50% of Immodel, 0% of Delvaux Design Coordination & Finances and 0% of Delvaux Créateur itself.
Directors
According to the 2025 annual accounts
Jean-Marc Loubier
Director
Also active at: DELVAUX CREATEUR, DELVAUX - LA COMPAGNIE DES LINGES, IMMODEL, DLX Holdings
since 2023 · until 2029
Thomas Loest
Director
Also active at: DELVAUX CREATEUR, Delvaux Design Coordination et Finance, DELVAUX - LA COMPAGNIE DES LINGES, IMMODEL, DLX Holdings
since 2023 · until 2029
Grégoire Bedoret
Director
Also active at: DELVAUX CREATEUR, DELVAUX - LA COMPAGNIE DES LINGES, IMMODEL
since 2023 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 7
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →DELVAUX CREATEUR same network
€ 98.9 million revenue · 2025
Delvaux Design Coordination et Finance same network
DELVAUX RETAIL same network
Beroepskamer van de Fabrikanten van Marokijnwerk, Zadelmakerij en Reisartikelen
ANCIEN COMPTOIR DE TEXTILE ET D'AMEUBLEMENT
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.153.770
- VAT number
- BE 0425.153.770
- Registered office
- Louis Schmidtlaan 7, 1040 Etterbeek
- Names & denominations
- MAROQUINERIE DELVAUX BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1983
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Vervaardiging van koffers, tassen, zadel- en tuigmakerswerk van ongeacht welk materiaal
Vervaardiging van koffers, tassen en dergelijke, zadel- en tuigmakerswerk