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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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
DELVOYE ART from Gent, company number BE0479012724, closed financial year 2024 with a result of € 128,968 after tax. For that financial year DELVOYE ART recorded a gross margin of € 339,956 and equity of € 968,537. Compared with financial year 2023, the result moved from € 147,365 to € 128,968. 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 August 13, 2025.
€ 968,537
▲ 15% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 128,968
▼ 12% vs 2023
Profit after tax over the fiscal year.
€ 173,733
▲ 98% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 460,204.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 111,734
€ 111,700 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.
€ 23,719
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 111,158
▼ 43% vs 2023
€ 51,304 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 281,468
Supplier invoices still open on the last day of the fiscal year.
€ 14,635
▲ 1% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 355,319 | € 286,118 | € 370,665 | € 339,956 | ▼ 8% |
| Profit after taxes | € 105,134 | € 38,069 | € 147,365 | € 128,968 | ▼ 12% |
| Equity | € 654,135 | € 692,204 | € 839,569 | € 968,537 | ▲ 15% |
| Total debts | € 2,351,922 | € 2,172,713 | € 2,088,621 | € 2,207,301 | ▲ 6% |
| Cash | € 70,562 | € 80,607 | € 87,570 | € 173,733 | ▲ 98% |
| Land & buildings | € 841,293 | € 722,461 | € 603,818 | € 510,383 | ▼ 15% |
| Retained profit | € 145,802 | € 183,871 | € 331,236 | € 460,204 | ▲ 39% |
| Bank debt | € 484,222 | € 340,348 | € 196,395 | € 111,158 | ▼ 43% |
| Balance sheet total | € 3,006,057 | € 2,864,917 | € 2,928,190 | € 3,175,838 | ▲ 8% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of DELVOYE ART, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DELVOYE ART?
What happened at DELVOYE ART in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 128,968 (▼ 12% vs 2023). filed late Source: NBB ↗
- Wim Delvoye Holding NV stepped down as director. NBB
- Wim Delvoye Holding NV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 105,134 profit in 2021 to € 128,968 profit in 2024.
Paid € 5,383 in corporate taxes since 2021.
Best year ever: 2023, with € 147,365 profit.
On average € 340,000 of value added per employee in 2024.
Management
The stake of WIM DELVOYE HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DELVOYE ARTThe shares are held by WIM DELVOYE HOLDING (100%).
Directors
According to the 2024 annual accounts
Director · represented by Wim Delvoye
since 2013 · until 2019
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Verbroederingstraat 16
9050 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0479.012.724
- VAT number
- BE 0479.012.724
- Registered office
- Verbroederingstraat 16, 9050 Gent
- Names & denominations
- DELVOYE ART · D.ART
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 2002
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
Overige detailhandel in nieuwe artikelen neg
Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Zelfstandig werkende kunstenaars en artiesten
Beoefening van uitvoerende kunsten door artistieke ensembles
Exploitatie van culturele centra en multifunctionele zalen ten behoeve van culturele activiteiten
Gespecialiseerde beeld-, verlichtings- en geluidstechnieken
Productie van kunstmanifestaties en voorstellingen door artistieke ensembles
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