ACTIVE

SA DELHEZ

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Financial year 2025 · Closed on 31/12/2025

Net result30,6 k €+194,9 %over 1 year

Revenue9,2 M €+1,9 %over 1 year

Equity4,9 M €-1,2 %over 1 year

Workforce42,9 ETP-5,9 %over 1 year

Identity

Source · BCE/KBO

SA DELHEZ is a Public limited company incorporated in 1979. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Thimister-Clermont. It employs on average 42,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0419.795.115
Incorporation: 01/10/1979
Legal form: Public limited company
Registered office: Rue Grondal 8
4890 Thimister-Clermont · WallonieSee on map
Contributed capital: 275 000,00 €
Latest accounts: 31/12/2025
Average workforce: 42,9 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 25402Manufacture of weapons and ammunition 25510Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy+3

Joint committees (4)

111
111108
209
20908

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 19 financial years

	2025		2024		2023		2022		2020
Income statement
Revenue	9,2 M €	+1.9%	9,1 M €	-6.4%	9,7 M €		–		–
EBITDA	2,1 M €	+12.2%	1,9 M €	-33.9%	2,9 M €	-9.8%	3,2 M €	+74.7%	1,8 M €
Operating result	134,1 k €	+217%	-114,7 k €	-115%	784,8 k €	-46.8%	1,5 M €	+515%	239,7 k €
Net result	30,6 k €	+195%	-32,2 k €	-104%	741,2 k €	-47.3%	1,4 M €	+290%	360,3 k €
Balance sheet
Equity	4,9 M €	-1.2%	5 M €	-1.8%	5 M €	+23.4%	4,1 M €	-9.5%	4,5 M €
Total assets	10,7 M €	-17.2%	12,9 M €	+3.6%	12,4 M €	-12.8%	14,3 M €	+19.8%	11,9 M €
Cash	730,6 k €	+34.9%	541,6 k €	-12.9%	621,9 k €	-51.2%	1,3 M €	+27.9%	996,9 k €
Debts	5,7 M €	-27.1%	7,9 M €	+7.3%	7,3 M €	-27.3%	10,1 M €	+39.8%	7,2 M €
Other
Workforce	42,9 ETP	-5.9%	45,6 ETP	-4.8%	47,9 ETP	-0.8%	48,3 ETP	+13.1%	42,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SHIFT GEAR0568.634.190Represented by Benoit Scheen	Director26/02/2024 → 26/02/2030
SOMATAM0503.810.278Represented by Frédéric TAMINIAUX	Director26/02/2024 → 26/02/2030
Marc Delhez	Director01/01/2017 → 01/01/2029
AVEHO0827.644.877Represented by Christophe Delhez	Managing director01/07/2010 → 25/03/2028Director2012 accountsended
DELHEZ HOLDING0870.330.124Represented by Stephan Delhez	Director10/01/2008 → 31/03/2028Managing director28/03/2008 → 2008 accountsended
MGMT0826.624.102Represented by Stephan DELHEZ	Managing director01/07/2010 → 25/03/2028Director2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Conseils, Gestion, Organisation0427.607.573Represented by Philippe DELAUNOIS	Director01/01/2017 → 2021 accountsChairman of the board of directors01/01/2017 → 2020 accounts
Vincent REUTER	Director01/01/2017 → 2020 accounts

Other companies at this address

Rue Grondal 8 4890 Thimister-Clermont

Company	CBE no.
DELHEZ HOLDING● Active	0870.330.124

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/03/2026	21/05/2025	29/03/2024	12/04/2023	25/03/2022	26/03/2021
General meeting	27/03/2026	12/05/2025	29/03/2024	31/03/2023	25/03/2022	25/03/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/03/2026	30/03/2026	French	PDF
Full model	31/12/2024	12/05/2025	21/05/2025	French	PDF
Full model	31/12/2023	29/03/2024	29/03/2024	French	PDF
Abridged model	31/12/2022	31/03/2023	12/04/2023	French	PDF
Abridged model	31/12/2021	25/03/2022	25/03/2022	French	PDF
Abridged model	31/12/2020	25/03/2021	26/03/2021	French	PDF
Abridged model	31/12/2019	19/03/2020	24/04/2020	French	PDF
Abridged model	31/12/2018	29/03/2019	10/05/2019	French	PDF
Abridged modelCorrection	31/12/2017	30/03/2018	19/06/2018	French	PDF
Abridged model	31/12/2017	30/03/2018	20/04/2018	French	PDF
Abridged model	31/12/2016	28/03/2017	28/03/2017	French	PDF
Abridged model	31/12/2015	23/05/2016	27/05/2016	French	PDF
Abridged model	31/12/2014	27/03/2015	12/06/2015	French	PDF
Abridged model	31/12/2013	14/05/2014	20/05/2014	French	PDF
Abridged model	31/12/2012	29/03/2013	30/04/2013	French	PDF
Abridged model	31/12/2011	20/03/2012	23/03/2012	French	PDF
Abridged model	31/12/2010	25/03/2011	15/04/2011	French	PDF
Abridged model	31/12/2009	20/03/2010	08/04/2010	French	PDF
Abridged model	31/12/2008	27/03/2009	02/04/2009	French	PDF
Abridged model	31/12/2007	08/05/2008	08/05/2008	French	PDF
Abridged model	31/12/2006	30/03/2007	04/05/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SHIFT GEAR0568.634.190Represented by Benoit Scheen	Director26/02/2024 → 26/02/2030
SOMATAM0503.810.278Represented by Frédéric TAMINIAUX	Director26/02/2024 → 26/02/2030
Marc Delhez	Director01/01/2017 → 01/01/2029
AVEHO0827.644.877Represented by Christophe Delhez	Managing director01/07/2010 → 25/03/2028Director2012 accountsended
DELHEZ HOLDING0870.330.124Represented by Stephan Delhez	Director10/01/2008 → 31/03/2028Managing director28/03/2008 → 2008 accountsended
MGMT0826.624.102Represented by Stephan DELHEZ	Managing director01/07/2010 → 25/03/2028Director2012 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Conseils, Gestion, Organisation0427.607.573Represented by Philippe DELAUNOIS	Director01/01/2017 → 2021 accountsChairman of the board of directors01/01/2017 → 2020 accounts
Vincent REUTER	Director01/01/2017 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates05/05/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates02/04/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates02/05/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates06/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates15/04/2022
DEMISSIONS, NOMINATIONS
PDF
Other20/12/2019
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates25/11/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates16/06/2016
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

SOMATAM

SHIFT GEAR

Marc Delhez

MGMT

AVEHO

DELHEZ HOLDING

Conseils, Gestion, Organisation

Vincent REUTER

Stéphan DELHEZ

Christophe DELHEZ

Nicolas DELHEZ

1979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

SA DELHEZ

Rue Grondal 8, 4890 Thimister-Clermont

Director

Managing director

Director

DirectorChairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Grondal 8, 4890 Thimister-ClermontCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00065551

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SA DELHEZCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00065551

Events

2025
Annual accounts 202530,6 k €↑
2024
Annual accounts 2024-32,2 k €↓
2023
Annual accounts 2023741,2 k €↓
2022
Annual accounts 20221,4 M €↑
2020
Annual accounts 2020360,3 k €↑
2019
Annual accounts 2019101,5 k €↓
2018
Annual accounts 2018661,8 k €↑
2017
Annual accounts 2017314,8 k €↑
2016
Annual accounts 2016248,5 k €↓
2015
Annual accounts 20151,1 M €↑
2014
Annual accounts 2014204,3 k €↑
2013
Annual accounts 2013144,9 k €↑
2012
Annual accounts 2012-81,5 k €↓
2011
Annual accounts 2011201,8 k €↑
2010
Annual accounts 201039,7 k €↓
2009
Annual accounts 2009223,3 k €↓
2008
Annual accounts 2008313 k €↑
2007
Annual accounts 2007168,9 k €↓
2006
Annual accounts 2006439,3 k €
01/10/1979
IncorporationPublic limited company

SA DELHEZ

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events