DELFOSSE Photovoltaique

Active

Private limited companyfounded 20233 yrs activeRoute du Congrès de Polleur 38, 4910 Theux, BelgiumKBO/BCE: BE 0803.567.497

Summary

The computed 12-month bankruptcy probability of DELFOSSE Photovoltaique is 2.8% (moderate). The 2025 annual accounts show equity of €82k and a net result of €38k. Its solvency ranks better than 25% of 27786 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability82▼-18

Solvency48▲+6

Growth52

Track record94

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity short (current ratio 0.9 against 0.7 in 2024; short-term debt: 46.8% and cash: 18.2% of total assets), and 76.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

23.3%

Return on assets

10.8%

Age of the figures

15 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 27786 sector peers (2025).

NBB · sector comparison

Position among 27786 sector peers

Solvency

better than 25%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

2 d early

2024

35 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close24-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€82k▲ 39.1%

2024 · €59k

2024: €59k

2024 → 2025

Total assets

€354k▲ 0.1%

2024 · €354k

2024: €354k

2024 → 2025

Net result

€38k▼ 62.3%

2024 · €101k

2024: €101k

2024 → 2025

Working capital

€-17k▲ 68.8%

2024 · €-55k

2024: €-55k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€59k-€82k▲ 39.1%

Operating result€124k-€55k▼ 55.9%

Net result€101k-€38k▼ 62.3%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 56% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €354k

58.0%

42.0%

Fixed assets €206k ▼ 9.1%

Current assets €149k ▲ 16.4%

Equity and liabilities €354k

23.3%

76.7%

Equity €82k ▲ 39.1%

Debt €272k ▼ 7.7%

Debt's share of the balance-sheet total falls from 83.3% to 76.7%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€75k▼

2024 · €142k

Cash flow

€59k▼

2024 · €120k

Current ratio

0.90▲

2024 · 0.70

Debt to equity

3.30▼

2024 · 4.97

ROE

46.3%▼

2024 · 170.9%

ROA

10.8%▼

2024 · 28.6%

Interest coverage

12.46▼

2024 · 53.56

Debt ≤ 1 year

€166k▼

2024 · €183k

Debt > 1 year

€106k▼

2024 · €112k

Income taxes

€10k▼

2024 · €20k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Balance sheet Code20242025

Assets

Total assets20/58€354k€354k▲

Fixed assets21/28€226k€206k▼

Tangible fixed assets22/27€226k€206k▼

Land and buildings22€173k€165k▼

Furniture and vehicles24€53k€40k▼

Current assets29/58€128k€149k▲

Amounts receivable within one year40/41€98k€83k▼

Trade receivables40€97k€68k▼

Other amounts receivable41€1k€15k▲

Cash at bank and in hand54/58€29k€64k▲

Deferred charges and accrued income490/1€986€1k▲

Equity and liabilities

Total equity and liabilities10/49€354k€354k▲

Equity10/15€59k€82k▲

Contributions10/11€4k€4k=

Reserves13€55k€78k▲

Distributable reserves133€55k€78k▲

Amounts payable17/49€295k€272k▼

Amounts payable after more than one year17€112k€106k▼

Financial debts170/4€112k€106k▼

Amounts payable within one year42/48€183k€166k▼

Current portion of amounts payable after more than one year42€6k€6k▲

Trade debts44€35k€23k▼

Suppliers440/4€35k€23k▼

Taxes, remuneration and social security45€25k€22k▼

Taxes450/3€25k€22k▼

Other amounts payable47/48€118k€115k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€21k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€144k€78k▼

Operating profit (loss)9901€124k€55k▼

Financial income75/76B€10-

Recurring financial income75€10-

Financial charges65/66B€3k€6k▲

Recurring financial charges65€3k€6k▲

Profit (loss) for the period before taxes9903€121k€49k▼

Income taxes67/77€20k€10k▼

Profit (loss) for the period9904€101k€38k▼

Profit (loss) for the period to be appropriated9905€101k€38k▼

Appropriation of the result

Profit (loss) to be appropriated9906€101k€38k▼

Transfer to equity691/2€55k€23k▼

To other reserves6921€55k€23k▼

Profit to be distributed694/7€46k€15k▼

Directors or managers695€46k€15k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-01-2027

2026

29-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

27-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Theux · 1 establishment unit since 2023

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Route du Congrès de Polleur 384910 Theux

Ground area

6,040 m²

Building footprint

228 m²

Volume, LiDAR

1,974 m³

Parcel 63076C1090/00W000, Wallonia · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

DELFOSSE Photovoltaique

Route du Congrès de Polleur 38, 4910 TheuxManufacture of machinery and equipment not elsewhere classified

since 20232.351.132.124

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63076C1090/00W000	Wallonia	6,040 m²	1 · 228 m²	13.8 m · 3 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Gingelom · Eq €82,544

Sint-Gillis-Waas · Eq €82,257

GILIS AIRCOTECHNIEK & SERVICE

BE 0757.988.979

Tienen · Eq €82,671

Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,850 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded04-07-2023

Fiscal year end30-06

Activities, NACEBEL 2025

43213Specialised construction activities

43222Installation of electric heating, air conditioning, cooling and ventilation

43211General electrical installation work

43240Other construction installation

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.