Skip to content

DESTOCK KING

Active
Private limited companyfounded 20224 yrs activeNinoofsesteenweg 79/81, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0782.357.260
Summary

The computed 12-month bankruptcy probability of DESTOCK KING is 8.4% (elevated). The 2025 annual accounts show negative equity (-€58,186) and a net result of -€23,798. Its solvency ranks better than 7% of 10645 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-11
Solvency0=
Growth32
Track record94
Bankruptcy probability, 12 months
8.4% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.52 against 0.51 in 2024; short-term debt: 141.8% and cash: 1.9% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 2025
Solvency, return and age of the figures
Solvency
-41.8%
Return on assets
-17.1%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€58,186
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
30 d late
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 February 2022, DESTOCK KING was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
-€58,186▼ 69.2%
2024 · -€34,388
Total assets
€139,337▲ 12.4%
2024 · €123,940
Net result
-€23,798▼ 227%
2024 · -€7,288
Working capital
-€94,077▼ 21.4%
2024 · -€77,519
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
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), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€6,510--€23,531▼ 261%
Net result-€7,288below the sector's middle half--€23,798below the sector's middle half▼ 227%
Equity-€34,388below the sector's middle half--€58,186below the sector's middle half▼ 69.2%
Total assets€123,940below the sector's middle half-€139,337below the sector's middle half▲ 12.4%
Debt€158,328-€197,522▲ 24.8%
Working capital-€77,519below the sector's middle half--€94,077below the sector's middle half▼ 21.4%
Solvency-27.7%below the sector's middle half--41.8%below the sector's middle half▼ 14.0pp
Current ratio0.51below the sector's middle half-0.52below the sector's middle half▲ 0.01
Return on assets (ROA)-5.9%below the sector's middle half--17.1%below the sector's middle half▼ 11.2pp
Staff (FTE)1below the sector's middle half-1below the sector's middle half=
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 abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2024: -€6,510-€6,510Net result 2024: -€7,288-€7,288Operating result 2025: -€23,531-€23,531Net result 2025: -€23,798-€23,79820242025-€30,000-€20,000-€10,000€0Operating result 2024: -€6,510-€6,510Net result 2024: -€7,288-€7,290Operating result 2025: -€23,531-€23,500Net result 2025: -€23,798-€23,80020242025
The operating result stays negative: a loss of €23,531 in 2025 against €6,510 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139,337
Fixed assets €35,892 ▼ 16.8%
Current assets €103,445 ▲ 28.0%
Equity and liabilities
Equity-€58,186
Debt€197,522
Equity is negative: debt (€197,522) exceeds the balance-sheet total (€139,337).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€16,292▼
2024 · -€518
Cash flow
-€16,559▼
2024 · -€1,295
Quick ratio
0.01▼
2024 · 0.05
Interest coverage
-61.12▼
2024 · -1.17
Debt ≤ 1 year
€197,522▲
2024 · €158,328
Staff costs
€29,902▲
2024 · €25,474
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 8.4% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 7,638 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€123,940€139,337▲
Fixed assets21/28€43,131€35,892▼
Tangible fixed assets22/27€43,131€35,892▼
Plant, machinery and equipment23€7,861€5,980▼
Furniture and vehicles24€31,938€27,375▼
Other tangible fixed assets26€3,332€2,537▼
Current assets29/58€80,809€103,445▲
Stocks and contracts in progress3€72,800€100,800▲
Stocks30/36€72,800€100,800▲
Cash at bank and in hand54/58€8,009€2,645▼
Equity and liabilities
Total equity and liabilities10/49€123,940€139,337▲
Equity10/15-€34,388-€58,186▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€39,388-€63,186▼
Amounts payable17/49€158,328€197,522▲
Amounts payable within one year42/48€158,328€197,522▲
Trade debts44€74,619€107,921▲
Suppliers440/4€74,619€107,921▲
Taxes, remuneration and social security45€29,803€36,595▲
Taxes450/3€11,813€10,374▼
Remuneration and social security454/9€17,990€26,222▲
Other amounts payable47/48€53,905€53,006▼
Income statement Code20242025
Remuneration, social security and pensions62€25,474€29,902▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,993€7,239▲
Other operating charges640/8€1,701€1,766▲
Gross operating margin9900€26,657€15,376▼
Operating profit (loss)9901-€6,510-€23,531▼
Financial income75/76B€61-
Recurring financial income75€61-
Financial charges65/66B€442€267▼
Recurring financial charges65€442€267▼
Profit (loss) for the period before taxes9903-€6,891-€23,798▼
Income taxes67/77€397-
Profit (loss) for the period9904-€7,288-€23,798▼
Profit (loss) for the period to be appropriated9905-€7,288-€23,798▼
Appropriation of the result
Profit (loss) to be appropriated9906-€39,388-€63,186▼
Profit (loss) brought forward from the previous period14P-€32,100-€39,388▼
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€25,474€29,902▲ 17.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,993€7,239▲ 20.8%
Other operating charges640/8€1,701€1,766▲ 3.8%
Gross operating margin9900€26,657€15,376▼ 42.3%
Operating profit (loss)9901-€6,510-€23,531▼ 261%
Financial income75/76B€61--
Recurring financial income75€61--
Financial charges65/66B€442€267▼ 39.6%
Recurring financial charges65€442€267▼ 39.6%
Profit (loss) for the period before taxes9903-€6,891-€23,798▼ 245%
Income taxes67/77€397--
Profit (loss) for the period9904-€7,288-€23,798▼ 227%
Profit (loss) for the period to be appropriated9905-€7,288-€23,798▼ 227%
Line20242025Change
Assets
Total assets20/58€123,940€139,337▲ 12.4%
Fixed assets21/28€43,131€35,892▼ 16.8%
Tangible fixed assets22/27€43,131€35,892▼ 16.8%
Plant, machinery and equipment23€7,861€5,980▼ 23.9%
Furniture and vehicles24€31,938€27,375▼ 14.3%
Other tangible fixed assets26€3,332€2,537▼ 23.9%
Current assets29/58€80,809€103,445▲ 28.0%
Stocks and contracts in progress3€72,800€100,800▲ 38.5%
Stocks30/36€72,800€100,800▲ 38.5%
Cash at bank and in hand54/58€8,009€2,645▼ 67.0%
Equity and liabilities
Total equity and liabilities10/49€123,940€139,337▲ 12.4%
Equity10/15-€34,388-€58,186▼ 69.2%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€39,388-€63,186▼ 60.4%
Amounts payable17/49€158,328€197,522▲ 24.8%
Amounts payable within one year42/48€158,328€197,522▲ 24.8%
Trade debts44€74,619€107,921▲ 44.6%
Suppliers440/4€74,619€107,921▲ 44.6%
Taxes, remuneration and social security45€29,803€36,595▲ 22.8%
Taxes450/3€11,813€10,374▼ 12.2%
Remuneration and social security454/9€17,990€26,222▲ 45.8%
Other amounts payable47/48€53,905€53,006▼ 1.7%
Line20242025Change
Profit (loss) for the period9904-€7,288-€23,798▼ 227%
+ Depreciation and write-downs630€5,993€7,239▲ 20.8%
Operating cash flow (approximation)-€1,295-€16,559▼ 1,179%
Investment in fixed assets (approximation)-€0-
Change in cash--€5,364-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 3 establishment units since 2022
seat establishment All 3 establishment units on the map
Ground area
437 m²
Building footprint
370 m²
Volume, LiDAR
2,818 m³
2 parcels, Brussels · tallest building 18.3 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
DESTOK KING
Ninoofsesteenweg 79/81, 1080 Sint-Jans-MolenbeekWholesale of clothing, excluding workwear and underwear
since 20222.328.078.588
TELECOM KING
Ninoofsesteenweg 79, 1080 Sint-Jans-MolenbeekRetail trade
since 20242.365.155.453
DESTOCK MARKET
Ninoofsesteenweg 77, 1080 Sint-Jans-MolenbeekRetail trade
since 20242.365.155.552
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0937/00V068 Brussels 371 m² 1 · 370 m² 18.3 m · 2 fl.
21523B0937/00D049 Brussels 66 m² - -
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 site
Sint-Jans-Molenbeek2.365.155.552
1 permission
Toelating · Detailhandel · since 03-12-2024

Similar companies · same sector, comparable size

Of 6,488 companies in this sector we hold annual accounts for 2,442. 634 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Contact
E-mail destock-king@outlook.be
Phone 0495101538
E-mail destocking@outlook.comSint-Jans-Molenbeek
E-invoicing
Reachable via Peppol
Peppol ID 0208:0782357260
Also 9925:BE0782357260
Registered 22-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.