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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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 2025 and 2026.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
DELVAUX RETAIL from Etterbeek, company number BE0451130271, closed financial year 2026 with a result of € -34,806 after tax. Compared with financial year 2025, the result moved from € -5,269 to € -34,806. 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 15, 2026.
€ -1.2 million
▼ € 34,806 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -34,806
▼ 561 % more loss than in 2025
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
Debts at end 2026
€ 2,815
▲ 142% vs 2025
€ 297 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,946
▼ 47% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Profit after taxes | € 47,941 | € 3,327 | € -5,269 | € -34,806 | ▼ € 29,537 |
| Equity | € -1,161,788 | € -1,158,461 | € -1,163,731 | € -1,198,537 | ▼ € 34,806 |
| Total debts | € 1,821,164 | € 1,851,323 | € 1,822,904 | € 1,821,970 | |
| Cash | € 157,245 | € 209,888 | € 225 | € 0 | ▼ 100% |
| Land & buildings | € 143,942 | € 124,406 | € 104,871 | € 85,335 | ▼ 19% |
| Retained profit | € -1,305,449 | € -1,302,123 | € -1,307,392 | € -1,342,198 | ▼ € 34,806 |
| Bank debt | € 1,165 | € 1,165 | € 1,165 | € 2,815 | ▲ 142% |
| Balance sheet total | € 659,376 | € 692,861 | € 659,173 | € 623,433 | ▼ 5% |
Key figures of DELVAUX RETAIL, 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 October 2027.
What happened to DELVAUX RETAIL?
What happened at DELVAUX RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Marc Loubier stepped down as director. NBB
- Karine Willame stepped down as director. NBB
- Axel Meyer stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 34,806. Source: NBB ↗
- Karine Willame became a director. NBB
- Grégoire Bedoret stepped down as director. NBB
- Thomas Loest stepped down as director. NBB
- Axel Meyer became a director. NBB
In short
From € 47,941 profit in 2023 to € 34,806 loss in 2026.
Paid € 25,926 in corporate taxes since 2023.
Best year ever: 2023, with € 47,941 profit.
Pays suppliers within 63 days on average.
Management
The shares are held by Delvaux Design Coordination & Finances (100%) and Delvaux Créateur SA (0.1%).
Directors
According to the 2026 annual accounts
Jean-Marc Loubier
Director
Also active at: DELVAUX CREATEUR, MAROQUINERIE DELVAUX BELGIUM, IMMODEL, DLX Holdings
since 2023 · until 2029
Karine Willame
Director
Also active at: DELVAUX CREATEUR, MAROQUINERIE DELVAUX BELGIUM, Delvaux Design Coordination et Finance, IMMODEL, DLX Holdings
since 2026 · until 2029
Thomas Loest
Director
Also active at: DELVAUX CREATEUR, MAROQUINERIE DELVAUX BELGIUM, Delvaux Design Coordination et Finance, IMMODEL, DLX Holdings
since 2023 · until 2025
since 2023 · until 2026
since 2025 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 7
1040 Etterbeek
Louis Schmidtlaan 19
1040 Etterbeek
Active since 10 November 1993
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
€ 40.7 million revenue · 2026
MAROQUINERIE DELVAUX BELGIUM same network
€ 2.3 million revenue · 2026
Delvaux Design Coordination et Finance 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
- 0451.130.271
- VAT number
- BE 0451.130.271
- Registered office
- Louis Schmidtlaan 7, 1040 Etterbeek
- Names & denominations
- DELVAUX RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 October 1993
- Peppol
- Not registered
- Activities · NACE
Detailhandel in lederwaren en reisartikelen
Groothandel in lederwaren en reisartikelen