ACTIVE

DELMAR METAL

Export PDF

Financial year 2025 · closed on 31/10/2025

Net result

1,4 M €

+188.1% YoY

Gross margin

2,1 M €

Equity

647,5 k €

-70.8% YoY

Workforce

0,7 ETP

-82.5% YoY

What does DELMAR METAL do?

DELMAR METAL is a Private limited company incorporated in 1975. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Comines-Warneton. It employs on average 0,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.345.387

Incorporation

09/09/1975

Legal form

Private limited company

Registered office

Route des Ecluses(COM) 44
7780 Comines-Warneton · Wallonie

Contributed capital

121 500,00 €

Latest accounts

31/10/2025

Average workforce

0,7 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 64200Activities of holding companies 64210Activities of holding companies

Joint committees (2)

10602
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,1 M €		–		–		–		–		272,6 k €	-36.6%	429,9 k €	+44.1%	298,3 k €	-34.9%	458,2 k €	-3.9%	476,8 k €	+43.2%	333,0 k €	+94.2%	171,5 k €	+587%	25,0 k €	-75.6%	102,2 k €	-24.9%	136,1 k €	-28.5%	190,2 k €	-11.8%	215,8 k €	-0.9%	217,8 k €
EBITDA	1,8 M €	+228%	-1,4 M €	-2294%	-59,9 k €	-248%	40,6 k €	-85.0%	270,7 k €	+57.7%	171,6 k €	-40.0%	286,0 k €	+24.4%	230,0 k €	-12.6%	263,1 k €	-32.1%	387,5 k €	+39.9%	277,1 k €	+138%	116,4 k €	+2421%	-5,0 k €	-110%	52,6 k €	-38.0%	84,8 k €	-32.3%	125,2 k €	+21.9%	102,7 k €	+2.8%	99,9 k €
Operating result	1,4 M €	+193%	-1,5 M €	-532%	-240,1 k €	-4930%	-4,8 k €	-102%	223,5 k €	+46.9%	152,1 k €	-13.7%	176,2 k €	+124%	78,7 k €	+184%	-94,2 k €	-135%	266,5 k €	+33.9%	199,0 k €	+440%	36,9 k €	+141%	-89,3 k €	-153%	-35,3 k €	-180%	-12,6 k €	-168%	18,4 k €	-22.7%	23,8 k €	+24.6%	19,1 k €
Net result	1,4 M €	+188%	-1,6 M €	-564%	-234,0 k €	-2553%	9,5 k €	-94.2%	164,6 k €	+46.6%	112,2 k €	-6.0%	119,4 k €	+17.8%	101,4 k €	+76.1%	57,6 k €	-72.7%	210,6 k €	+7.2%	196,4 k €	+1281%	14,2 k €	+113%	-109,3 k €	-113%	-51,4 k €	-79.1%	-28,7 k €	-318%	13,1 k €	+5.9%	12,4 k €	+24.0%	10,0 k €
Balance sheet
Equity	647,5 k €	-70.8%	2,2 M €	-41.2%	3,8 M €	-5.9%	4,0 M €	+261%	1,1 M €	+17.0%	949,0 k €	+12.9%	840,3 k €	+15.4%	728,0 k €	+23.5%	589,5 k €	+10.8%	531,9 k €	+65.5%	321,3 k €	+157%	125,0 k €	+12.8%	110,7 k €	-49.7%	220,0 k €	-18.9%	271,4 k €	-9.6%	300,1 k €	+4.6%	286,9 k €	+4.5%	274,5 k €
Total assets	1,7 M €	-58.5%	4,2 M €	-13.5%	4,8 M €	-8.4%	5,2 M €	+126%	2,3 M €	+10.6%	2,1 M €	+7.2%	1,9 M €	+7.3%	1,8 M €	+27.3%	1,4 M €	+25.5%	1,1 M €	+145%	464,9 k €	-28.6%	651,0 k €	+38.1%	471,5 k €	-31.4%	687,4 k €	-21.9%	880,7 k €	+76.0%	500,4 k €	+10.4%	453,4 k €	+8.0%	419,8 k €
Cash	1,4 k €		–		–		88,9 €	-99.1%	9,6 k €	+15.3%	8,3 k €	+243712%	3,4 €	-99.5%	749,6 €	-90.4%	7,8 k €	-62.2%	20,6 k €	+36.2%	15,1 k €	+29.1%	11,7 k €	-17.1%	14,1 k €	+122%	6,4 k €	+813%	696,1 €	-95.1%	14,3 k €	+2237%	612,3 €	-96.1%	15,8 k €
Debts	1,1 M €	-45.1%	1,9 M €	+110%	919,9 k €	-19.5%	1,1 M €	+1.9%	1,1 M €	+5.6%	1,1 M €	+3.1%	1,0 M €	-5.4%	1,1 M €	+30.1%	836,7 k €	+38.2%	605,6 k €	+322%	143,6 k €	-72.7%	526,0 k €	+45.8%	360,7 k €	-21.7%	460,6 k €	-23.7%	603,3 k €	+202%	199,4 k €	+21.3%	164,4 k €	+13.7%	144,6 k €
Other
Workforce	0,7 ETP	-82.5%	4,0 ETP	+11.1%	3,6 ETP	+28.6%	2,8 ETP	+47.4%	1,9 ETP	+90.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-33.3%	1,5 ETP	-6.3%	1,6 ETP	+60.0%	1,0 ETP	0.0%	1,0 ETP	+150%	0,4 ETP	-50.0%	0,8 ETP	0.0%	0,8 ETP	-27.3%	1,1 ETP	-35.3%	1,7 ETP	-26.1%	2,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/10/2025 · 3 active · 8 ended

Active mandates

DELMAR HOLDING

Director · since 27 novembre 2024 · 0450.824.920

Active

Deltour Benjamin

Director · since 27 novembre 2024 · 0831.025.526

Represented by Benjamin Deltour

Active

Jose Deltour

Director · until 27 novembre 2024

Active

Ended mandates

Deltour Benjamin

Manager · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

Deltour Benjamin

Manager · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

Deltour Benjamin

Manager · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

Deltour Benjamin

Director · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

At this address

Other companies at this address

Company	CBE no.
DELMAR● Active	0818.211.529
Groupe Delmar● Active	0817.514.515

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Abridged model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/12/2023	01/12/2022	01/12/2021	01/12/2020	01/12/2019	01/12/2018
Closing of the financial year	31/10/2025	30/11/2023	30/11/2022	30/11/2021	30/11/2020	30/11/2019
Length of the financial year	23 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/06/2026	28/06/2024	29/06/2023	28/06/2022	29/06/2021	30/06/2020
General meeting	25/05/2026	20/06/2024	23/06/2023	17/06/2022	07/06/2021	27/04/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/10/2025	25/05/2026	02/06/2026	French	PDF
Full model	30/11/2023	20/06/2024	28/06/2024	French	PDF
Full model	30/11/2022	23/06/2023	29/06/2023	French	PDF
Full model	30/11/2021	17/06/2022	28/06/2022	French	PDF
Full model	30/11/2020	07/06/2021	29/06/2021	French	PDF
Abridged model	30/11/2019	27/04/2020	30/06/2020	French	PDF
Abridged model	30/11/2018	29/04/2019	29/05/2019	French	PDF
Abridged model	30/11/2017	30/04/2018	30/05/2018	French	PDF
Abridged model	30/11/2016	24/05/2017	31/05/2017	Dutch	PDF
Abridged model	31/12/2014	31/07/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	04/08/2014	27/08/2014	French	PDF
Abridged model	31/12/2012	23/08/2013	31/08/2013	French	PDF
Abridged model	31/12/2011	31/07/2012	24/08/2012	French	PDF
Abridged model	31/12/2010	26/08/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	10/11/2010	06/12/2010	French	PDF
Abridged model	31/12/2008	13/11/2009	13/11/2009	French	PDF
Abridged model	31/12/2007	26/05/2008	30/08/2008	French	PDF
Abridged model	31/12/2006	19/06/2007	09/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/10/2025 · 3 active · 8 ended

Active mandates

DELMAR HOLDING

Director · since 27 novembre 2024 · 0450.824.920

Active

Deltour Benjamin

Director · since 27 novembre 2024 · 0831.025.526

Represented by Benjamin Deltour

Active

Jose Deltour

Director · until 27 novembre 2024

Active

Ended mandates

Deltour Benjamin

Manager · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

Deltour Benjamin

Manager · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

Deltour Benjamin

Manager · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

Deltour Benjamin

Director · since 01 août 2012 · 0831.025.526

Represented by Benjamin Deltour

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/12/2024
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Other12/01/2016
ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates08/04/2013
DEMISSIONS, NOMINATIONS
PDF
Mandates24/04/2007
DENOMINATION - OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates12/07/2005
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 20251,4 M €↑
2023
Annual accounts 2023-1,6 M €↓
2022
Annual accounts 2022-234,0 k €↓
2021
Annual accounts 20219,5 k €↓
2020
Annual accounts 2020164,6 k €↑
2019
Annual accounts 2019112,2 k €↓
2018
Annual accounts 2018119,4 k €↑
2017
Annual accounts 2017101,4 k €↑
2016
Annual accounts 201657,6 k €↓
2014
Annual accounts 2014210,6 k €↑
2013
Annual accounts 2013196,4 k €↑
2012
Annual accounts 201214,2 k €↑
2011
Annual accounts 2011-109,3 k €↓
2010
Annual accounts 2010-51,4 k €↓
2009
Annual accounts 2009-28,7 k €↓
2008
Annual accounts 200813,1 k €↑
2007
Annual accounts 200712,4 k €↑
2006
Annual accounts 200610,0 k €
09/09/1975
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DELMAR METAL

Overview

What does DELMAR METAL do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline