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 3 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DELFORGE FRÈRES from Walhain, company number BE0461612805, closed financial year 2025 with a result of € -150,195 after tax. For that financial year DELFORGE FRÈRES recorded a gross margin of € 377,256 and equity of € -176,450. Compared with financial year 2024, the result moved from € 27,199 to € -150,195. 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 August 7, 2026.
€ -176,450
▼ € 150,195 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -150,195
▼ still € 27,199 profit in 2024
Profit after tax over the fiscal year.
€ 13,020
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -425,050.
People and assets in 2025
€ 396,843
▼ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,085
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,346
▼ 87% vs 2024
Loans from banks and other lenders, long and short.
€ 100,065
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 352,971
▲ 112% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 373,884 | € 270,320 | € 493,379 | € 377,256 | ▼ 24% |
| Profit after taxes | € 11,689 | € -170,346 | € 27,199 | € -150,195 | ▼ € 177,395 |
| Equity | € 116,892 | € -53,454 | € -26,254 | € -176,450 | ▼ € 150,195 |
| Total debts | € 349,126 | € 470,067 | € 483,683 | € 597,079 | ▲ 23% |
| Cash | € 3,982 | € 264 | € 18,989 | € 13,020 | ▼ 31% |
| Land & buildings | € 1,616 | € 1,293 | € 0 | - | |
| Retained profit | € -131,708 | € -302,054 | € -274,854 | € -425,050 | ▼ € 150,195 |
| Bank debt | € 9,305 | € 47,506 | € 73,982 | € 9,346 | ▼ 87% |
| Balance sheet total | € 466,018 | € 416,613 | € 457,429 | € 420,629 | ▼ 8% |
Key figures of DELFORGE FRÈRES, 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 DELFORGE FRÈRES?
What happened at DELFORGE FRÈRES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 150,195 (▼ € 177,395 vs 2024). filed late Source: NBB ↗
- New establishment in Walhain. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,689 profit in 2022 to € 150,195 loss in 2025.
Paid € 636 in corporate taxes since 2022.
Best year ever: 2024, with € 27,199 profit.
A new publication or filing at DELFORGE FRÈRES? 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 stake of E.A.W. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DELFORGE FRÈRESBehind DELFORGE FRÈRES are Olivier Delforge and Xavier Delforge. The shares are held by E.A.W. (93%).
Directors
According to the 2025 annual accounts
Xavier Delforge
Director
Also active at: DPH MANAGEMENT, DELFINVEST, E.A.W., LA 3D, FLOXALINE, DF m&c
Shareholders
93%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Blanmont(NSV) 7
1457 Walhain
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0461.612.805
- VAT number
- BE 0461.612.805
- Registered office
- Rue de Blanmont(NSV) 7, 1457 Walhain
- Names & denominations
- DELFORGE FRÈRES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 1997
- Peppol
- Active · Active since 24 Dec 2025
- Contact
- delforgefreres.be
- Activities · NACE
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