ACTIVE

Delwa

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Financial year 2025 · closed on 29/09/2025
Net result
1 M €
-26.4% YoY
Revenue
27,1 M €
Equity
2,4 M €
+56.2% YoY
Workforce
52,1 ETP
+10.9% YoY

What does Delwa do?

Delwa is a Private limited company incorporated in 2017. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Waregem. It employs on average 52,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0672.906.816
Incorporation
22/03/2017
Legal form
Private limited company
Registered office
Gentseweg 602 box 1
8793 Waregem · FlandreSee on map
Contributed capital
400 000,00 €
Latest accounts
29/09/2025
Average workforce
52,1 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47113Retail sale in non-specialised stores with food, beverages or tobacco predominating47114Retail sale in non-specialised stores with food, beverages or tobacco predominating
Joint committees (1)
  • 20201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202120192018
Income statement
Revenue27,1 M €–––––
EBITDA1,8 M €1,9 M €364,7 k €358,1 k €236,3 k €-81,5 k €
Operating result1,3 M €1,4 M €-363,1 k €175 k €52,1 k €-280,5 k €
Net result1 M €1,4 M €-456 k €121 k €21,8 k €-317,6 k €
Balance sheet
Equity2,4 M €1,5 M €135,6 k €507,8 k €104,2 k €82,4 k €
Total assets8,5 M €6,8 M €6,5 M €2 M €1,8 M €1,9 M €
Cash2,5 M €747 k €362 k €474,7 k €142 k €258,4 k €
Debts6,1 M €5,3 M €6,4 M €1,5 M €1,6 M €1,8 M €
Other
Workforce52,1 ETP47,0 ETP35,8 ETP26,0 ETP23,5 ETP22,8 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 29/09/2025 · 2 active · 9 ended

Active mandates

Geert Dewitte

Director · since 28 septembre 2022

Active
TDW invest

Director · since 28 septembre 2022 · 0765.943.573

Represented by Dewitte Tom

Active

Ended mandates

TDW invest

Director · since 01 avril 2021 · 0765.943.573

Represented by Dewitte TOM

Ended
TDW invest

Director · since 01 avril 2021 · 0765.943.573

Represented by Dewitte TOM

Ended
Geert Dewitte

Director · since 01 avril 2017

Ended
Geert Dewitte

Manager · since 01 avril 2017

Ended
Annual accounts

Full financial information

202520242023202120202019
Type of accountFull modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year30/09/202430/09/202301/10/202101/10/202001/10/201901/10/2018
Closing of the financial year29/09/202529/09/202429/09/202330/09/202130/09/202030/09/2019
Length of the financial year13 months13 months24 months12 months12 months12 months
Filing date22/06/202630/04/202523/04/202426/04/202229/04/202131/03/2020
General meeting29/03/202631/03/202525/03/202431/03/202230/03/202109/03/2020
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model29/09/202529/03/202622/06/2026DutchPDF
Abridged model29/09/202431/03/202530/04/2025DutchPDF
Abridged model29/09/202325/03/202423/04/2024DutchPDF
Abridged model30/09/202131/03/202226/04/2022DutchPDF
Abridged model30/09/202030/03/202129/04/2021DutchPDF
Abridged model30/09/201909/03/202031/03/2020DutchPDF
Abridged model30/09/201811/03/201927/03/2019DutchPDF
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 29/09/2025 · 2 active · 9 ended

Active mandates

Geert Dewitte

Director · since 28 septembre 2022

Active
TDW invest

Director · since 28 septembre 2022 · 0765.943.573

Represented by Dewitte Tom

Active

Ended mandates

TDW invest

Director · since 01 avril 2021 · 0765.943.573

Represented by Dewitte TOM

Ended
TDW invest

Director · since 01 avril 2021 · 0765.943.573

Represented by Dewitte TOM

Ended
Geert Dewitte

Director · since 01 avril 2017

Ended
Geert Dewitte

Manager · since 01 avril 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/10/2022
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office09/08/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates31/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/12/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other24/03/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20251 M €↓
  2. 2024
    Annual accounts 20241,4 M €↑
  3. 2023
    Annual accounts 2023-456 k €↓
  4. 2021
    Annual accounts 2021121 k €↑
  5. 2019
    Annual accounts 201921,8 k €↑
  6. 2018
    Annual accounts 2018-317,6 k €
  7. 22/03/2017
    IncorporationPrivate limited company