Equity
€13.7m from €27.2m in 2021
Equity fell by 49% in 4 years.
DISTRIDECO
Lifetime
8 annual accounts with figures on one time axispeak €4.5m (2023)
€4.5m▲ 0.8%
lowest -€42,751 (2019)
€861,963▲ 107%
peak €27.2m (2021)
€13.7m▲ 2.7%
€7.9m▲ 0.8%
peak 22.5 FTE (2019)
10.9 FTE▲ 0.9%
Board4 names since 2018
1 directorDE COCK Marc
Documentsfilings and deeds
27-08-202627 days late
2025financial year
Result from €416,891 to €861,963Power of attorney: SOLID+ 10-07Dividend €500,000Cash from €4,991 to €2,598
Key points
from the 2025 annual accountsResult
€861,963 ▲ 107%
The result rose in 2025 from €416,891 to €861,963.
Staff
10.9 FTE from 22.5 in 2019
Between 2019 and 2025, 52% of the full-time equivalents disappeared.
Payment terms
152 days to suppliers
DISTRIDECO pays its suppliers 86 days later than in 2024. Customers pay 37 days later.
Filings
8 annual accounts 16 filings, 1 late
The 2025 accounts came 27 days late. The other seven were filed on time.
At the same address
14 companies
Financial institution: outside the modelBankruptcy probability: sector outside the modelStandalone figures, without subsidiaries
Group, consolidated 2024: turnover €111.2m, result €4.4m
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal, which does not raise the risk
1 signal.
neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
27 days late
2024
29 days early
2023
37 days early
2022
25 days early
2021
34 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 20 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Marc De Cock Investdeed of 25-08-2022
Shares in 2 companies, CHARLES DISTRIBUTIE and COCK'S VLEESWAREN
Board & ownershipRecent changes
Reappointment: A&C - Bedrijfsrevisor (statutory auditor)
General meeting of 14-06-2024 · Gazette deed
Demerger: CHARLES HOLDING splits off to BV Prodeco
Capital decrease of €15,064,236.86 · Transfer of shares from CHARLES HOLDING to BV Prodeco · Transfer of 100,000 shares from CHARLES HOLDING to BV Redeco · General meeting of 21-12-2022 · Gazette deed
Demerger proposal: Charles Holding splits off to Charles Real Estate
Appointment: J. VANDE MOORTEL & C° BEDRIJFSREVISOREN BV (statutory auditor) · The company is a shareholder of Charles Immo BV · The company is a shareholder of A.B.M. INTERNATIONAL NV · Gazette deed
Reappointment: J.Vande Moortel&C°Bedrijfsrevisoren (statutory auditor)
General meeting of 11-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DISTRIDECO Sint-Niklaas | €4.5m | 3.0% | 63.4% | 10.9 |
| Codit holding Ghent | €3.2m | 8.6% | 33.5% | 8.7 |
| Futurn Holding Kortrijk | €4.9m | -13.1% | 57.5% | 13.1 |
| KIREI Mont-Saint-Guibert | €3.0m | 9.5% | 65.7% | 11.9 |
| 62MILES Antwerp | €5.9m | 4.9% | 63.3% | 8.8 |
| ARCH HOLDING Ghent | €2.8m | 12.2% | 43.4% | 8.9 |
| DONARCO Ghent | €3.6m | 3.4% | 74.5% | 14.9 |
Grey: the largest companies of the sector (financial services (NACE 64)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DISTRIDECO: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €12m and €38m, founded between 2016 and 2020.
Official details
Source: KBO- Status
- Active since 09-01-2018Normal situation
- Registered office
- 15 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Activities of holding companiesNACE 64210and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.272.879.4529100 Sint-Niklaas, since 09-01-2018
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €21.7m▲ 2.0%
- Employeeson 31-12-2025
- 12▲ 9.1%
- Filing
- Filed on 27-08-2026
Insights on DISTRIDECO
DISTRIDECO has existed since 2018. Turnover grew from €2.7m in 2018 to €4.5m in 2025, while staff fell from 21.4 to 10.9 full-time equivalents.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DISTRIDECO
- What is the company number of DISTRIDECO?
- The company number of DISTRIDECO is 0687.667.048. The VAT number is the same number with BE in front: BE 0687.667.048.
- Where is DISTRIDECO based?
- The registered office is at Industriepark-Noord 14, 9100 Sint-Niklaas.Company details
- What does DISTRIDECO do?
- According to the KBO register, the main activity is activities of holding companies (NACE 64210).
- What is the legal form of DISTRIDECO?
- DISTRIDECO is a private limited company (BV).
- When was DISTRIDECO founded?
- DISTRIDECO was founded on 09-01-2018.
- Is DISTRIDECO still active?
- Yes, DISTRIDECO is an active enterprise in the KBO register.
- How many employees does DISTRIDECO have?
- DISTRIDECO had an average of 10.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does DISTRIDECO fall under?
- In its 2025 annual accounts, DISTRIDECO states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of DISTRIDECO?
- The turnover of DISTRIDECO was €4.5m in financial year 2025, according to the filed annual accounts.
- Is DISTRIDECO profitable?
- In financial year 2025, DISTRIDECO made a profit of €861,963.
- Where can I find the annual accounts of DISTRIDECO?
- DISTRIDECO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DISTRIDECO due?
- DISTRIDECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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