ACTIVE

DELSPAN

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Financial year 2025 · closed on 31/12/2025
Net result
316,9 k €
+2808.9% YoY
Gross margin
-3,9 k €
+6.8% YoY
Equity
2,4 M €
+15.5% YoY

What does DELSPAN do?

DELSPAN is a Private limited company incorporated in 2015. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0633.852.438
Incorporation
15/07/2015
Legal form
Private limited company
Registered office
Rue Joseph Stevens 7 box 25
1000 Bruxelles · BruxellesSee on map
Contributed capital
3 030 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201820172016
Income statement
Gross margin-3,9 k €-4,1 k €-3,9 k €-3,5 k €-5,5 k €-1,2 k €-960,4 €-2,2 k €-19,4 k €
EBITDA-3,9 k €-4,1 k €-3,9 k €-3,5 k €-5,5 k €-1,2 k €-1,9 k €-2,5 k €-20,2 k €
Operating result-3,9 k €-4,1 k €-3,9 k €-3,5 k €-5,5 k €-1,2 k €-1,9 k €-2,5 k €-24,6 k €
Net result316,9 k €10,9 k €-1,2 M €123,8 k €94,7 k €947,3 k €-335,9 k €-617,5 k €-21,7 k €
Balance sheet
Equity2,4 M €2 M €2 M €3,2 M €3,1 M €3 M €2,1 M €2,4 M €3 M €
Total assets2,5 M €2 M €2,1 M €3,3 M €3,1 M €3 M €2,1 M €2,4 M €3 M €
Cash77,9 k €43,1 k €28,6 k €479,9 k €338,9 k €218,8 k €210,8 k €215,5 k €231,6 k €
Debts109,4 k €459,4 €45 k €45 k €27,8 k €2,4 k €–2,7 k €15,7 k €
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 31/12/2025 · 1 active · 3 ended

Active mandates

Delcap Private Investments

Director · since 25 février 2021 · 0724.838.933

Active

Ended mandates

DELCAP ASSET MANAGEMENT

Manager · since 13 juillet 2015 · 0897.966.612

Represented by Jean-Jacques DELORI

Ended
Delcap Asset Management LTD

Manager · since 13 juillet 2015

Represented by Jean-Jacques DELORI

Ended
DELCAP ASSET MANAGEMENT S. Etr.

Manager · since 13 juillet 2015 · 0897.966.612

Represented by Jean-Jacques DELORI

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date29/04/202607/02/202518/04/202407/03/202305/07/202227/05/2021
General meeting20/04/202603/02/202526/03/202423/02/202314/06/202207/05/2021
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

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/04/202629/04/2026FrenchPDF
Abridged model31/12/202403/02/202507/02/2025FrenchPDF
Abridged model31/12/202326/03/202418/04/2024FrenchPDF
Abridged model31/12/202223/02/202307/03/2023FrenchPDF
Abridged model31/12/202114/06/202205/07/2022FrenchPDF
Micro model31/12/202007/05/202127/05/2021FrenchPDF
Micro model31/12/201928/05/202024/06/2020FrenchPDF
Micro model31/12/201831/05/201903/07/2019FrenchPDF
Micro model31/12/201731/05/201819/06/2018FrenchPDF
Abridged model31/12/201628/12/201712/01/2018FrenchPDF
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 31/12/2025 · 1 active · 3 ended

Active mandates

Delcap Private Investments

Director · since 25 février 2021 · 0724.838.933

Active

Ended mandates

DELCAP ASSET MANAGEMENT

Manager · since 13 juillet 2015 · 0897.966.612

Represented by Jean-Jacques DELORI

Ended
Delcap Asset Management LTD

Manager · since 13 juillet 2015

Represented by Jean-Jacques DELORI

Ended
DELCAP ASSET MANAGEMENT S. Etr.

Manager · since 13 juillet 2015 · 0897.966.612

Represented by Jean-Jacques DELORI

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/03/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other17/07/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025316,9 k €↑
  2. 2024
    Annual accounts 202410,9 k €↑
  3. 2023
    Annual accounts 2023-1,2 M €↓
  4. 2022
    Annual accounts 2022123,8 k €↑
  5. 2021
    Annual accounts 202194,7 k €↓
  6. 2020
    Annual accounts 2020947,3 k €↑
  7. 2018
    Annual accounts 2018-335,9 k €↑
  8. 2017
    Annual accounts 2017-617,5 k €↓
  9. 2016
    Annual accounts 2016-21,7 k €
  10. 15/07/2015
    IncorporationPrivate limited company