ACTIVE

DELWATE

Financial year 2025 · closed on 31/12/2025
Net result
237,8 k €
+540.8% YoY
Revenue
32 M €
+1.1% YoY
Equity
633,8 k €
+60.0% YoY
Workforce
105,8 ETP
+47.8% YoY

What does DELWATE do?

DELWATE is a Private limited company incorporated in 2023. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Waterloo. It employs on average 105,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1000.628.739
Incorporation
02/10/2023
Legal form
Private limited company
Registered office
Boulevard Rolin (Henri) 7
1410 Waterloo · WallonieSee on map
Contributed capital
450 000,00 €
Latest accounts
31/12/2025
Average workforce
105,8 ETP
Joint committees (1)
  • 20201
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Revenue32 M €31,6 M €
EBITDA772,4 k €360,1 k €
Operating result479,9 k €86 k €
Net result237,8 k €-53,9 k €
Balance sheet
Equity633,8 k €396,1 k €
Total assets5,6 M €5,6 M €
Cash1,2 M €1,5 M €
Debts5 M €5,2 M €
Other
Workforce105,8 ETP71,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

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

Active mandates

ADRDM

Director · since 02 octobre 2023 · 0805.802.160

Represented by Amandine de Riollet de Morteuil

Active
GANICO Management

Director · since 02 octobre 2023 · 0729.735.453

Represented by Théry Nicolas

Active
SDW MANAGEMENT

Director · since 02 octobre 2023 · 0805.883.918

Represented by Stéphane de Wilde

Active

Ended mandates

ADRDM

Director · 0805.802.160

Represented by Amandine de Riollet de Morteuil

Ended
GANICO Management

Director · 0729.735.453

Represented by Nicolas Théry

Ended
SDW MANAGEMENT

Director · 0805.883.918

Represented by Stéphane de Wilde

Ended
At this address

Other companies at this address

CompanyCBE no.
PNVJ RetailActive
1037.915.341
Annual accounts

Full financial information

20252024
Type of accountFull modelFull model
Start of the financial year01/01/202502/10/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months15 months
Filing date16/07/202629/07/2025
General meeting19/06/202620/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202616/07/2026FrenchPDF
Full model31/12/202420/06/202529/07/2025FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 active · 3 ended

Active mandates

ADRDM

Director · since 02 octobre 2023 · 0805.802.160

Represented by Amandine de Riollet de Morteuil

Active
GANICO Management

Director · since 02 octobre 2023 · 0729.735.453

Represented by Théry Nicolas

Active
SDW MANAGEMENT

Director · since 02 octobre 2023 · 0805.883.918

Represented by Stéphane de Wilde

Active

Ended mandates

ADRDM

Director · 0805.802.160

Represented by Amandine de Riollet de Morteuil

Ended
GANICO Management

Director · 0729.735.453

Represented by Nicolas Théry

Ended
SDW MANAGEMENT

Director · 0805.883.918

Represented by Stéphane de Wilde

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/10/2023
    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 2025237,8 k €
  2. 2024
    Annual accounts 2024-53,9 k €
  3. 02/10/2023
    IncorporationPrivate limited company