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 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DELOVA from Pittem, company number BE1006568406, closed financial year 2025 with a result of € 87,881 after tax. For that financial year DELOVA recorded a gross margin of € 746,444 and equity of € 6,407. Compared with financial year 2024, the result moved from € -84,474 to € 87,881. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 15, 2026.
€ 6,407
▲ € 87,881 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,881
▲ still € 84,474 loss in 2024
Profit after tax over the fiscal year.
€ 82,977
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3,407.
People and assets in 2025
5.8
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 291,932
▲ 43% vs 2024
€ 50,300 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.
€ 70,125
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▲ 18% vs 2024
€ 191,759 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 95,249
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,565
▲ € 25,496 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 441,270 | € 746,444 | ▲ 69% |
| Profit after taxes | € -84,474 | € 87,881 | ▲ € 172,356 |
| Equity | € -81,474 | € 6,407 | ▲ € 87,881 |
| Total debts | € 2,920,114 | € 3,117,573 | ▲ 7% |
| Cash | € 181,187 | € 82,977 | ▼ 54% |
| Land & buildings | € 1,844,026 | € 2,434,971 | ▲ 32% |
| Retained profit | € -84,474 | € 3,407 | ▲ € 87,881 |
| Bank debt | € 2,309,345 | € 2,731,954 | ▲ 18% |
| Balance sheet total | € 2,838,640 | € 3,123,980 | ▲ 10% |
| Employees (FTE) | 4.1 | 5.8 | ▲ 1.7 |
Key figures of DELOVA, fiscal years 2024 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 DELOVA?
What happened at DELOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,881. Source: NBB ↗
- New establishment in Pittem. KBO
- Mathias De Vestele became a director. NBB
- Lore Vannevel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 84,474 loss in 2024 to € 87,881 profit in 2025.
Paid € 200 in corporate taxes since 2024.
Best year ever: 2025, with € 87,881 profit.
On average € 128,700 of value added per employee in 2025.
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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
Behind DELOVA are Mathias De Vestele and Lore Vannevel.
Directors
According to the 2025 annual accounts
Mathias De Vestele
Director
since 2024
Lore Vannevel
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Egemstraat 92 B
8740 Pittem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1006.568.406
- VAT number
- BE 1006.568.406
- Registered office
- Egemstraat 92 B, 8740 Pittem
- Names & denominations
- DELOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2024
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Teelt van groenten, meloenen en wortel- en knolgewassen
Groothandel in groenten en fruit, muv consumptieaardappelen
Detailhandel in groenten en fruit