ACTIVE

DELBAR

Financial year 2025 · closed on 31/12/2025
Net result
667,1 k €
-38.0% YoY
Revenue
57,2 M €
-2.5% YoY
Equity
19,2 M €
+3.6% YoY
Workforce
56,9 ETP
+7.2% YoY

What does DELBAR do?

DELBAR is a Public limited company incorporated in 1971. Its registered office is in Menen. It employs on average 56,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0408.080.780
Incorporation
05/02/1971
Legal form
Public limited company
Registered office
Gentstraat 97
8930 Menen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
56,9 ETP
Joint committees (5)
  • 112
  • 1120
  • 200
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Revenue57,2 M €58,7 M €69,4 M €48,4 M €48,1 M €
EBITDA1,2 M €2 M €2,8 M €2 M €784,7 k €1,8 M €1,7 M €1,6 M €1,9 M €1,6 M €1,3 M €1,4 M €1,7 M €1,8 M €1,5 M €1,5 M €1,7 M €1,8 M €1,8 M €
Operating result609,4 k €1,5 M €2,3 M €1,5 M €487,1 k €889,5 k €1 M €962,9 k €1,4 M €1,3 M €964,9 k €1,1 M €1,5 M €1,5 M €1,3 M €1,3 M €1,5 M €1,6 M €1,6 M €
Net result667,1 k €1,1 M €1,7 M €1,2 M €395,4 k €579,7 k €713,4 k €782,2 k €1,1 M €984,1 k €847,2 k €912,1 k €1,2 M €1,1 M €996,1 k €1 M €1,1 M €1,2 M €1,1 M €
Balance sheet
Equity19,2 M €18,5 M €17,8 M €16,9 M €16,3 M €16,1 M €15,5 M €17,3 M €16,6 M €15,7 M €14,8 M €14 M €13,2 M €12 M €10,9 M €9,9 M €8,9 M €7,8 M €6,6 M €
Total assets28 M €27,9 M €22,9 M €23,3 M €19,5 M €18,9 M €19,6 M €21,2 M €20,3 M €19,8 M €19,1 M €19,4 M €18,7 M €17,5 M €16,7 M €13,3 M €11,7 M €10,9 M €9,4 M €
Cash1,4 M €559,3 k €1,2 M €1,3 M €5,8 M €1,4 M €1,3 M €4,1 M €5 M €5 M €5,5 M €5,4 M €3,1 M €2,7 M €4 M €5,3 M €2 M €3 M €3,3 M €
Debts8,4 M €8,8 M €4,3 M €5,8 M €3,1 M €2,8 M €4 M €3,8 M €3,6 M €4 M €4,3 M €5,3 M €5,5 M €5,4 M €5,7 M €3,4 M €2,8 M €3,2 M €2,9 M €
Other
Workforce56,9 ETP53,1 ETP50,6 ETP46,8 ETP49,5 ETP48,5 ETP47,8 ETP47,1 ETP47,9 ETP46,4 ETP46,9 ETP48,2 ETP47,9 ETP52,1 ETP48,0 ETP47,6 ETP46,7 ETP44,9 ETP46,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

AVUS SALES EN SERVICES

Director · since 15 juin 2017 · until 15 juin 2029 · 0479.163.568

Represented by Jean-Luc DELBAR

Active
D & B MANAGEMENT

Director · since 15 juin 2017 · until 15 juin 2029 · 0842.540.317

Represented by Jean-François DELBAR

Active
Herlinde DEJAEGERE

Director · since 15 juin 2017 · until 15 juin 2029

Active

Ended mandates

AVUS SALES EN SERVICES

Director · since 15 juin 2017 · until 15 juin 2023 · 0479.163.568

Represented by DELBAR JEAN-LUC

Ended
AVUS SALES EN SERVICES

Managing director · since 15 juin 2017 · until 15 juin 2029 · 0479.163.568

Represented by DELBAR JEAN-LUC

Ended
D & B MANAGEMENT

Director · since 15 juin 2017 · until 15 juin 2023 · 0842.540.317

Represented by DELBAR JEAN-FRANÇOIS

Ended
Herlinde DEJAEGERE

Director · since 15 juin 2017 · until 15 juin 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
0479.163.568
delbar groepActive
0831.730.458
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/07/202614/07/202516/07/202420/07/202307/07/202230/08/2021
General meeting15/06/202615/06/202515/06/202415/06/202315/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/06/202615/07/2026DutchPDF
Full model31/12/202415/06/202514/07/2025DutchPDF
Full model31/12/202315/06/202416/07/2024DutchPDF
Full model31/12/202215/06/202320/07/2023DutchPDF
Full model31/12/202115/06/202207/07/2022DutchPDF
Full model31/12/202015/06/202130/08/2021DutchPDF
Abridged model31/12/201915/06/202030/07/2020DutchPDF
Abridged model31/12/201815/06/201930/07/2019DutchPDF
Abridged model31/12/201715/06/201830/07/2018DutchPDF
Abridged model31/12/201615/06/201731/07/2017DutchPDF
Abridged model31/12/201515/06/201629/07/2016DutchPDF
Abridged model31/12/201415/06/201503/07/2015DutchPDF
Abridged model31/12/201316/06/201419/08/2014DutchPDF
Abridged model31/12/201215/06/201329/08/2013DutchPDF
Abridged model31/12/201115/06/201227/08/2012DutchPDF
Abridged model31/12/201015/06/201129/08/2011DutchPDF
Abridged model31/12/200915/06/201024/08/2010DutchPDF
Abridged model31/12/200815/06/200931/08/2009DutchPDF
Abridged model31/12/200716/06/200828/08/2008DutchPDF
Abridged model31/12/200615/06/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

AVUS SALES EN SERVICES

Director · since 15 juin 2017 · until 15 juin 2029 · 0479.163.568

Represented by Jean-Luc DELBAR

Active
D & B MANAGEMENT

Director · since 15 juin 2017 · until 15 juin 2029 · 0842.540.317

Represented by Jean-François DELBAR

Active
Herlinde DEJAEGERE

Director · since 15 juin 2017 · until 15 juin 2029

Active

Ended mandates

AVUS SALES EN SERVICES

Director · since 15 juin 2017 · until 15 juin 2023 · 0479.163.568

Represented by DELBAR JEAN-LUC

Ended
AVUS SALES EN SERVICES

Managing director · since 15 juin 2017 · until 15 juin 2029 · 0479.163.568

Represented by DELBAR JEAN-LUC

Ended
D & B MANAGEMENT

Director · since 15 juin 2017 · until 15 juin 2023 · 0842.540.317

Represented by DELBAR JEAN-FRANÇOIS

Ended
Herlinde DEJAEGERE

Director · since 15 juin 2017 · until 15 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates12/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring27/08/2020
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring27/08/2020
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/06/2020
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring25/06/2020
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates13/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/10/2008
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025667,1 k €
  2. 2024
    Annual accounts 20241,1 M €
  3. 2023
    Annual accounts 20231,7 M €
  4. 2022
    Annual accounts 20221,2 M €
  5. 2021
    Annual accounts 2021395,4 k €
  6. 2019
    Annual accounts 2019579,7 k €
  7. 2018
    Annual accounts 2018713,4 k €
  8. 2017
    Annual accounts 2017782,2 k €
  9. 2016
    Annual accounts 20161,1 M €
  10. 2015
    Annual accounts 2015984,1 k €
  11. 2014
    Annual accounts 2014847,2 k €
  12. 2013
    Annual accounts 2013912,1 k €
  13. 2012
    Annual accounts 20121,2 M €
  14. 2011
    Annual accounts 20111,1 M €
  15. 2010
    Annual accounts 2010996,1 k €
  16. 2009
    Annual accounts 20091 M €
  17. 2008
    Annual accounts 20081,1 M €
  18. 2007
    Annual accounts 20071,2 M €
  19. 2006
    Annual accounts 20061,1 M €
  20. 05/02/1971
    IncorporationPublic limited company