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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
DLX Holdings from Etterbeek, company number BE0839185602, closed financial year 2026 with a result of € -112.7 million after tax. Compared with financial year 2025, the result moved from € 2.9 million to € -112.7 million. The company made a loss. The buffer shrank hard: equity is 65 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 60.6 million
▼ 65% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -112.7 million
▼ still € 2.9 million profit 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 € -105.4 million.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 5,989
▼ 40% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 286,715
▼ 75% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Profit after taxes | € 348,496 | € 2,741,310 | € 2,902,018 | € -112,703,138 | ▼ € 115.6 million |
| Equity | € 167,692,290 | € 170,433,600 | € 173,335,618 | € 60,632,480 | ▼ 65% |
| Total debts | € 134,714 | € 1,052,774 | € 1,152,975 | € 292,704 | ▼ 75% |
| Cash | € 11,252,632 | € 259,420 | € 631 | € 0 | ▼ 100% |
| Retained profit | € 1,613,390 | € 4,354,700 | € 7,256,718 | € -105,446,420 | ▼ € 112.7 million |
| Balance sheet total | € 167,827,004 | € 171,486,374 | € 174,488,593 | € 60,925,185 | ▼ 65% |
Key figures of DLX Holdings, 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 DLX Holdings?
What happened at DLX Holdings 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 € 112.7 million (▼ € 115.6 million vs 2025). 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 € 348,496 profit in 2023 to € 112.7 million loss in 2026.
Paid € 3.1 million in corporate taxes since 2023.
Best year ever: 2025, with € 2.9 million profit.
Management
The shares are held by Richemont International Holding (100%). It owns 100% of Delvaux Design Coordination & Finance itself.
Directors
According to the 2026 annual accounts
Jean-Marc Loubier
Director
Also active at: DELVAUX CREATEUR, MAROQUINERIE DELVAUX BELGIUM, DELVAUX - LA COMPAGNIE DES LINGES, IMMODEL
since 2023 · until 2029
Karine Willame
Director
Also active at: DELVAUX CREATEUR, MAROQUINERIE DELVAUX BELGIUM, Delvaux Design Coordination et Finance, DELVAUX RETAIL, IMMODEL
since 2026 · until 2029
Thomas Loest
Director
Also active at: DELVAUX CREATEUR, MAROQUINERIE DELVAUX BELGIUM, Delvaux Design Coordination et Finance, DELVAUX - LA COMPAGNIE DES LINGES, IMMODEL
since 2023 · until 2025
since 2023 · until 2026
since 2025 · until 2029
Shareholders
Richemont International Holding
100%
Participations
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 7
1040 Etterbeek
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
DELVAUX RETAIL same network
Beroepskamer van de Fabrikanten van Marokijnwerk, Zadelmakerij en Reisartikelen
+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
- 0839.185.602
- VAT number
- BE 0839.185.602
- Registered office
- Louis Schmidtlaan 7, 1040 Etterbeek
- Names & denominations
- DLX Holdings
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 September 2011
- Peppol
- Not registered