Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 54.5 to 48.
Financials
Financial year 2026
Delmakor from Deerlijk, company number BE0451925374, closed financial year 2026 with a result of € 51,075 after tax. For that financial year Delmakor recorded a gross margin of € 2.3 million and equity of € 298,226. Compared with financial year 2025, the result moved from € 53,786 to € 51,075. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 298,226
▲ 8% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,075
▼ 5% vs 2025
Profit after tax over the fiscal year.
€ 787
Cash and bank balances on the last day of the fiscal year.
€ 30,000 paid out
59 % of the profit went to the shareholders, mostly to N.V. Delbaco (100 % of the shares). That is where the money ends up.
People and assets in 2026
48
▼ 3.7 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 4% vs 2025
€ 44,300 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.
€ 176,305
▲ 207% vs 2025
Of which on lease € 128,076.
Debts at end 2026
€ 122,362
€ 27,474 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 92,670
▼ 46% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 310,508
▼ 5% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 2,192,473 | € 2,519,011 | € 2,180,434 | € 2,276,319 | ▲ 4% |
| Profit after taxes | € 58,555 | € 67,592 | € 53,786 | € 51,075 | ▼ 5% |
| Equity | € 315,773 | € 283,366 | € 277,151 | € 298,226 | ▲ 8% |
| Total debts | € 536,292 | € 513,669 | € 556,505 | € 555,667 | |
| Cash | € 446 | € 2,381 | € 790 | € 787 | |
| Retained profit | € 101,773 | € 69,366 | € 63,151 | € 84,226 | ▲ 33% |
| Dividend | € 100,000 | € 100,000 | € 60,000 | € 30,000 | ▼ 50% |
| Bank debt | € 40,938 | € 18,609 | € 0 | € 122,362 | |
| Balance sheet total | € 852,066 | € 797,035 | € 833,656 | € 853,894 | ▲ 2% |
| Employees (FTE) | 53.2 | 54.5 | 51.7 | 48 | ▼ 3.7 |
Key figures of Delmakor, 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 Delmakor?
What happened at Delmakor in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FosCo NV stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 51,075 (▼ 5% vs 2025). Source: NBB ↗
- Pauline Delfosse stepped down as director. NBB
- FosCo NV became a director. NBB
- Pauline Delfosse became a director. NBB
- Lode Benoit stepped down as director. NBB
- New establishment in Deerlijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,555 profit in 2023 to € 51,075 profit in 2026.
Paid € 20,544 in corporate taxes since 2023.
Best year ever: 2024, with € 67,592 profit.
On average € 47,400 of value added per employee in 2026.
Management
The stake of N.V. Delbaco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DelmakorBehind Delmakor are Delbaco NV, Amogo BV and Anna Delfosse - Van Cauwenbergh. The shares are held by N.V. Delbaco (99.5%).
Directors
According to the 2026 annual accounts
Managing director · represented by Michel Delfosse
Managing director · represented by Charlotte Delfosse
Also active at: FABRIMODE, DELBOR, RETAIL SOFT
· until 2025
Director · represented by Delfosse Pauline
since 2026 · until 2031
Shareholders
99.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijkse heerweg 211
8540 Deerlijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.925.374
- VAT number
- BE 0451.925.374
- Registered office
- Kortrijkse heerweg 211, 8540 Deerlijk
- Names & denominations
- Delmakor
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1993
- Peppol
- Active · Active since 3 Sept 2024
- Activities · NACE
Opslag
Goederenvervoer over de weg