A&O DISTRIBUTION
ActiveSummary
The computed 12-month bankruptcy probability of A&O DISTRIBUTION is 3.1% (moderate). The 2024 annual accounts show equity of €1,401 and a net result of €11,882. Equity is growing by ~53.6% per year across the filed fiscal years. Its solvency ranks better than 24% of 26038 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability83▲+76
Solvency26▲+11
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.75 against 0.64 in 2023; short-term debt: 98.6% and cash: 9.4% of total assets), and 98.6% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
1.4%
Return on assets
11.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 26038 sector peers (2024).
NBB · sector comparisonPosition among 26038 sector peers
Solvency
better than 24%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
68 d late
2022
70 d late
2021
78 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 84 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1,401
2023 · -€10,481
Total assets
€101,374▼ 0.2%
2023 · €101,619
Net result
€11,882
2023 · -€9,749
Working capital
-€24,934▲ 38.3%
2023 · -€40,413
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€1,229-€7,637-€8,877€14,835
Net result-€4,953below the sector's middle half-€3,123within the sector's middle half-€9,749below the sector's middle half€11,882within the sector's middle half
Equity-€3,855below the sector's middle half--€731below the sector's middle half▲ 81.0%-€10,481below the sector's middle half▼ 1,333%€1,401below the sector's middle half
Total assets€79,000within the sector's middle half-€80,666within the sector's middle half▲ 2.1%€101,619within the sector's middle half▲ 26.0%€101,374within the sector's middle half▼ 0.2%
Debt€82,855-€81,397▼ 1.8%€112,100▲ 37.7%€99,973▼ 10.8%
Working capital-€5,314within the sector's middle half--€1,603within the sector's middle half▲ 69.8%-€40,413below the sector's middle half▼ 2,421%-€24,934below the sector's middle half▲ 38.3%
Solvency-4.9%below the sector's middle half--0.9%below the sector's middle half▲ 4.0pp-10.3%below the sector's middle half▼ 9.4pp1.4%below the sector's middle half▲ 11.7pp
Current ratio0.94within the sector's middle half-0.98within the sector's middle half▲ 0.040.64below the sector's middle half▼ 0.340.75below the sector's middle half▲ 0.11
Return on assets (ROA)-6.3%below the sector's middle half-3.9%within the sector's middle half▲ 10.1pp-9.6%below the sector's middle half▼ 13.5pp11.7%within the sector's middle half▲ 21.3pp
Staff (FTE)0.3
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €14,835 after a loss of €8,877 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €101,374
Fixed assets
€26,336 ▼ 12.0%
Current assets
€75,039 ▲ 4.7%
Equity and liabilities €101,374
Equity
€1,401
Debt
€99,973
Debt finances 98.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€20,653▲
2023 · -€7,664
Cash flow
€17,700▲
2023 · -€8,537
Quick ratio
0.13▲
2023 · 0.13
Debt to equity
71.33
ROE
847.8%
Interest coverage
20.24▲
2023 · -6.19
Debt ≤ 1 year
€99,973▼
2023 · €112,100
Income taxes
€2,097
Staff costs
€7,848▲
2023 · €775
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,153 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €775 | €7,848 | ▲ 912% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €551 | €630 | €1,213 | €5,818 | ▲ 380% |
| Other operating charges640/8 | - | €21 | €121 | €225 | ▲ 85.9% |
| Gross operating margin9900 | -€678 | €8,288 | -€6,768 | €28,726 | ▲ 524% |
| Operating profit (loss)9901 | -€1,229 | €7,637 | -€8,877 | €14,835 | ▲ 267% |
| Financial income75/76B | €383 | €411 | €365 | €164 | ▼ 55.0% |
| Recurring financial income75 | €383 | €411 | €365 | €164 | ▼ 55.0% |
| Financial charges65/66B | €4,107 | €4,925 | €1,237 | €1,020 | ▼ 17.5% |
| Recurring financial charges65 | €4,107 | €4,925 | €1,237 | €1,020 | ▼ 17.5% |
| Profit (loss) for the period before taxes9903 | -€4,953 | €3,123 | -€9,749 | €13,979 | ▲ 243% |
| Income taxes67/77 | €0 | - | - | €2,097 | - |
| Profit (loss) for the period9904 | -€4,953 | €3,123 | -€9,749 | €11,882 | ▲ 222% |
| Profit (loss) for the period to be appropriated9905 | -€4,953 | €3,123 | -€9,749 | €11,882 | ▲ 222% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €79,000 | €80,666 | €101,619 | €101,374 | ▼ 0.2% |
| Fixed assets21/28 | €1,502 | €871 | €29,932 | €26,336 | ▼ 12.0% |
| Intangible fixed assets21 | - | - | €11,807 | €10,093 | ▼ 14.5% |
| Tangible fixed assets22/27 | €1,502 | €871 | €18,025 | €15,826 | ▼ 12.2% |
| Plant, machinery and equipment23 | €566 | €404 | €18,003 | €14,206 | ▼ 21.1% |
| Furniture and vehicles24 | €936 | €467 | €22 | €1,621 | ▲ 7,246% |
| Financial fixed assets28 | - | - | €100 | €416 | ▲ 316% |
| Current assets29/58 | €77,499 | €79,794 | €71,687 | €75,039 | ▲ 4.7% |
| Stocks and contracts in progress3 | €59,850 | €62,809 | €57,142 | €61,665 | ▲ 7.9% |
| Stocks30/36 | €59,850 | €62,809 | €57,142 | €61,665 | ▲ 7.9% |
| Amounts receivable within one year40/41 | €15,224 | €5,674 | €974 | €3,852 | ▲ 295% |
| Trade receivables40 | €15,224 | €5,674 | €974 | €3,852 | ▲ 295% |
| Other amounts receivable41 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €2,162 | €11,311 | €13,571 | €9,522 | ▼ 29.8% |
| Deferred charges and accrued income490/1 | €263 | €0 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €79,000 | €80,666 | €101,619 | €101,374 | ▼ 0.2% |
| Equity10/15 | -€3,855 | -€731 | -€10,481 | €1,401 | ▲ 113% |
| Contributions10/11 | €1,400 | €1,400 | €1,400 | €1,400 | = |
| Profit (loss) carried forward14 | -€5,255 | -€2,131 | -€11,881 | €1 | ▲ 100% |
| Amounts payable17/49 | €82,855 | €81,397 | €112,100 | €99,973 | ▼ 10.8% |
| Amounts payable within one year42/48 | €82,813 | €81,397 | €112,100 | €99,973 | ▼ 10.8% |
| Current portion of amounts payable after more than one year42 | €0 | - | - | - | - |
| Trade debts44 | €14,700 | €5,173 | €7,212 | €4,513 | ▼ 37.4% |
| Suppliers440/4 | €14,700 | €5,173 | €7,212 | €4,513 | ▼ 37.4% |
| Taxes, remuneration and social security45 | €6,795 | €6,873 | €6,327 | €5,164 | ▼ 18.4% |
| Taxes450/3 | €6,795 | €6,873 | €5,749 | €4,221 | ▼ 26.6% |
| Remuneration and social security454/9 | - | - | €577 | €943 | ▲ 63.3% |
| Other amounts payable47/48 | €61,318 | €69,351 | €98,562 | €90,296 | ▼ 8.4% |
| Accrued charges and deferred income492/3 | €42 | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,953 | €3,123 | -€9,749 | €11,882 | ▲ 222% |
| + Depreciation and write-downs630 | €551 | €630 | €1,213 | €5,818 | ▲ 380% |
| Operating cash flow (approximation) | -€4,401 | €3,754 | -€8,537 | €17,700 | ▲ 307% |
| Investment in fixed assets (approximation) | - | €0 | -€30,273 | -€2,221 | ▲ 92.7% |
| Change in cash | - | €9,149 | €2,260 | -€4,050 | ▼ 279% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
31-12
Financial
Back to profitnet €11,882
Net result €11,882 after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet -€9,749
Net result drops to -€9,749, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Back to profitnet €3,123
Net result €3,123 after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Grâce-Hollogne · 2 establishment units since 2020
Ground area
330 m²
Building footprint
92 m²
Volume, LiDAR
796 m³
2 parcels, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
A&O DISTRIBUTION
since 20202.309.929.393
Rue Jean Louis Adam 123, 4400 Flémalle
since 20232.344.239.085
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62453A0681/00N003 | Wallonia | 238 m² | 1 · 52 m² | 10.9 m · 3 fl. |
| 62072B0637/00X000 | Wallonia | 92 m² | 1 · 40 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteFlémalle2.344.239.085
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Of 1,124 companies in this sector we hold annual accounts for 466. 45 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded28-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47830Retail sale of motorcycles and motorcycle parts and accessories
56112Limited-service restaurants, excluding mobile food services
46150Agents in the wholesale of furniture, household goods and hardware
46216Wholesale of agricultural produce and animal feed, general range
46389Wholesale of other food products
47120Other non-specialised retail sale
47762Retail sale of pets, pet food and pet supplies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0757586430
Also
9925:BE0757586430
Registered
03-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.