What does M. DELHEZ do?

M. DELHEZ is a road haulage company in Baelen. Private Limited, started on 22 December 2017, 2 establishments.

What is the address of M. DELHEZ?

The registered office of M. DELHEZ is located at Meuschemen(BLN) 12, 4837 Baelen.

Is M. DELHEZ still active?

Yes. According to the CBE (30 October 2026) M. DELHEZ is active, legal situation “Normale toestand”, started on 22 December 2017.

Is M. DELHEZ registered on Peppol?

Yes, M. DELHEZ is registered on the Peppol network with ID 0208:0686760691.

What is the enterprise number of M. DELHEZ?

The enterprise number of M. DELHEZ is BE0686760691.

When was M. DELHEZ founded?

M. DELHEZ was founded on 22 December 2017.

Who are the directors of M. DELHEZ?

According to the 2025 annual accounts, the directors of M. DELHEZ are: Maximilien Delhez.

Is M. DELHEZ a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 2017; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did M. DELHEZ make in 2025?

M. DELHEZ posted a profit after taxes of € 75,525 in financial year 2025.

What is the revenue of M. DELHEZ?

As a small company, M. DELHEZ is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 232,938.

M. DELHEZ (Private Limited) - Baelen - BE0686760691

Dossier M. DELHEZ, printed on 30 October 2026 from databakkes.be/en/0686760691/m-delhez. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

M. DELHEZ from Baelen, company number BE0686760691, closed financial year 2025 with a result of € 75,525 after tax. For that financial year M. DELHEZ recorded a gross margin of € 232,938 and equity of € 62,705. Compared with financial year 2024, the result moved from € 11,543 to € 75,525. Profitable, and profit is growing. The buffer shrank hard: equity is 70 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.

What it is worth Shrank hard

€ 62,705

▼ 70% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 75,525

▲ € 63,982 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 113,526

▲ 4% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 220,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Wage cost

€ 42,242

▲ 22% 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.

Vehicles and equipment

€ 76,432

▼ 34% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 526,248

▲ 18% vs 2024

€ 75,432 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 13,276

▲ 29% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 25,022

▲ 40% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 71,333 Gross margin 2022: € 71,333 First fiscal year in the series	€ 158,007 Gross margin 2023: € 158,007 ▲ 122% vs 2022 (€ 71,333) Favourable step	€ 156,193 Gross margin 2024: € 156,193 ▼ 1% vs 2023 (€ 158,007) Unfavourable step	€ 232,938 Gross margin 2025: € 232,938 ▲ 49% vs 2024 (€ 156,193) Favourable step	▲ 49%
Profit after taxes	€ 10,191 Profit after taxes 2022: € 10,191 First fiscal year in the series	€ 52,962 Profit after taxes 2023: € 52,962 ▲ € 42,771 vs 2022 (€ 10,191) Favourable step	€ 11,543 Profit after taxes 2024: € 11,543 ▼ 78% vs 2023 (€ 52,962) Unfavourable step	€ 75,525 Profit after taxes 2025: € 75,525 ▲ € 63,982 vs 2024 (€ 11,543) Favourable step	▲ € 63,982
Equity	€ 143,404 Equity 2022: € 143,404 First fiscal year in the series	€ 195,707 Equity 2023: € 195,707 ▲ 36% vs 2022 (€ 143,404) Favourable step	€ 207,180 Equity 2024: € 207,180 ▲ 6% vs 2023 (€ 195,707) Favourable step	€ 62,705 Equity 2025: € 62,705 ▼ 70% vs 2024 (€ 207,180) Unfavourable step	▼ 70%
Total debts	€ 55,194 Total debts 2022: € 55,194 First fiscal year in the series	€ 209,611 Total debts 2023: € 209,611 ▲ 280% vs 2022 (€ 55,194) Unfavourable step	€ 564,931 Total debts 2024: € 564,931 ▲ 170% vs 2023 (€ 209,611) Unfavourable step	€ 868,981 Total debts 2025: € 868,981 ▲ 54% vs 2024 (€ 564,931) Unfavourable step	▲ 54%
Cash	€ 109,279 Cash 2022: € 109,279 First fiscal year in the series	€ 168,798 Cash 2023: € 168,798 ▲ 54% vs 2022 (€ 109,279) Favourable step	€ 109,586 Cash 2024: € 109,586 ▼ 35% vs 2023 (€ 168,798) Unfavourable step	€ 113,526 Cash 2025: € 113,526 ▲ 4% vs 2024 (€ 109,586) Favourable step	▲ 4%
Land & buildings	-	-	€ 482,214 Land & buildings 2024: € 482,214 First fiscal year in the series	€ 482,546 Land & buildings 2025: € 482,546 Unchanged (€ 482,214) Unchanged
Retained profit	€ 112,675 Retained profit 2022: € 112,675 First fiscal year in the series	€ 165,637 Retained profit 2023: € 165,637 ▲ 47% vs 2022 (€ 112,675) Favourable step	€ 177,180 Retained profit 2024: € 177,180 ▲ 7% vs 2023 (€ 165,637) Favourable step	€ 32,705 Retained profit 2025: € 32,705 ▼ 82% vs 2024 (€ 177,180) Unfavourable step	▼ 82%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 220,000 Dividend 2025: € 220,000 Unchanged (€ 0) Unchanged
Bank debt	€ 26,802 Bank debt 2022: € 26,802 First fiscal year in the series	€ 127,815 Bank debt 2023: € 127,815 ▲ € 101,013 vs 2022 (€ 26,802) Unfavourable step	€ 445,042 Bank debt 2024: € 445,042 ▲ 248% vs 2023 (€ 127,815) Unfavourable step	€ 526,248 Bank debt 2025: € 526,248 ▲ 18% vs 2024 (€ 445,042) Unfavourable step	▲ 18%
Balance sheet total	€ 198,598 Balance sheet total 2022: € 198,598 First fiscal year in the series	€ 405,318 Balance sheet total 2023: € 405,318 ▲ 104% vs 2022 (€ 198,598) Unchanged	€ 772,111 Balance sheet total 2024: € 772,111 ▲ 90% vs 2023 (€ 405,318) Unchanged	€ 931,686 Balance sheet total 2025: € 931,686 ▲ 21% vs 2024 (€ 772,111) Unchanged	▲ 21%

Key figures of M. DELHEZ, 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 M. DELHEZ?

What happened at M. DELHEZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 25, 2026 New annual accounts for financial year 2025: profit of € 75,525 (▲ € 63,982 vs 2024). filed late Source: NBB ↗
Sep 1, 2025 New establishment in Welkenraedt. KBO
Jan 2, 2018 New establishment in Baelen. KBO
2017 Maximilien Delhez became a director. NBB
Dec 22, 2017 Start of the company according to the CBE. KBO

In short

From € 10,191 profit in 2022 to € 75,525 profit in 2025.

Paid € 42,123 in corporate taxes since 2022.

Best year ever: 2025, with € 75,525 profit.

Paid out € 220,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Maximilien Delhez

M. DELHEZ

Behind M. DELHEZ is Maximilien Delhez.

Directors

According to the 2025 annual accounts

Maximilien Delhez

Director

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Meuschemen(BLN) 12

4837 Baelen

2.379.554.906

Rue de l'Artisanat 2

4840 Welkenraedt

Active since 1 September 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0686.760.691

VAT number

BE 0686.760.691

Registered office

Meuschemen(BLN) 12, 4837 Baelen

Names & denominations

M. DELHEZ

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 December 2017

Peppol

Active · Active since 18 Dec 2025

Activities · NACE

Goederenvervoer over de weg

Bouwrijp maken van terreinen

Verhuur en lease van woon- en bureelcontainers en dergelijke accommodatie

Bouw van water- en gasdistributienetten

Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw

Slopen

View on CBE Public ↗ Annual accounts (NBB) ↗

M. DELHEZ

Warning lights

Financials

What happened to M. DELHEZ?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions