DEXTRA DISTRI.
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 44 filings
Turnover
≈ €2.1m
Estimated: probably between €1.9m and €2.5m
EBIT margin
Not included in this filing
Net result
€21,371▼ 18.6%
2024 · €26,248
Working capital
€96,675▲ 36.6%
2024 · €70,788
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€23,172
▼ 17.1%
2025
20182025
Net result
€21,371
▼ 18.6%
2025
middle half of the sector
20182025
Equity
€96,675
▲ 28.4%
2025
lowest quarter of the sector
20182025
Total assets
€390,773
▲ 19.1%
2025
lowest quarter of the sector
20182025
Debt
€294,098
▲ 16.3%
2025
20182025
Working capital
€96,675
▲ 36.6%
2025
middle half of the sector
20182025
Solvency
24.7%
▲ 1.8pp
2025
middle half of the sector
20182025
Current ratio
1.33
▲ 0.05
2025
middle half of the sector
20182025
Return on assets (ROA)
5.5%
▼ 2.5pp
2025
middle half of the sector
20182025
Staff (FTE)
17.5
▲ 12.2%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€21,588-€15,373▼ 28.8%€194,521▲ 13×-€5,263-€190,697▼ 3,524%€10,230€27,954▲ 173%€23,172▼ 17.1%
Net result€19,479-€13,256▼ 31.9%€176,389above the sector's middle half▲ 13×-€8,298below the sector's middle half-€192,102below the sector's middle half▼ 2,215%€6,480within the sector's middle half€26,248within the sector's middle half▲ 305%€21,371within the sector's middle half▼ 18.6%
Equity€53,331-€66,587▲ 24.9%€242,976within the sector's middle half▲ 265%€234,678within the sector's middle half▼ 3.4%€42,576below the sector's middle half▼ 81.9%€49,057below the sector's middle half▲ 15.2%€75,304below the sector's middle half▲ 53.5%€96,675below the sector's middle half▲ 28.4%
Total assets€150,205-€803,474▲ 435%€879,477within the sector's middle half▲ 9.5%€742,581within the sector's middle half▼ 15.6%€443,687below the sector's middle half▼ 40.3%€420,931below the sector's middle half▼ 5.1%€328,229below the sector's middle half▼ 22.0%€390,773below the sector's middle half▲ 19.1%
Debt€96,874-€736,887▲ 661%€636,501▼ 13.6%€507,903▼ 20.2%€401,111▼ 21.0%€371,875▼ 7.3%€252,924▼ 32.0%€294,098▲ 16.3%
Working capital€50,656--€32,230€144,159within the sector's middle half€137,086within the sector's middle half▼ 4.9%-€55,016below the sector's middle half-€32,695below the sector's middle half▲ 40.6%€70,788within the sector's middle half€96,675within the sector's middle half▲ 36.6%
Solvency35.5%-8.3%▼ 27.2pp27.6%within the sector's middle half▲ 19.3pp31.6%within the sector's middle half▲ 4.0pp9.6%below the sector's middle half▼ 22.0pp11.7%below the sector's middle half▲ 2.1pp22.9%within the sector's middle half▲ 11.3pp24.7%within the sector's middle half▲ 1.8pp
Current ratio1.52-0.91▼ 0.611.39within the sector's middle half▲ 0.481.41within the sector's middle half▲ 0.020.83below the sector's middle half▼ 0.580.91below the sector's middle half▲ 0.081.28within the sector's middle half▲ 0.371.33within the sector's middle half▲ 0.05
Return on assets (ROA)13.0%-1.6%▼ 11.3pp20.1%above the sector's middle half▲ 18.4pp-1.1%below the sector's middle half▼ 21.2pp-43.3%below the sector's middle half▼ 42.2pp1.5%within the sector's middle half▲ 44.8pp8.0%within the sector's middle half▲ 6.5pp5.5%within the sector's middle half▼ 2.5pp
Staff (FTE)13.4-13.6▲ 1.5%19above the sector's middle half▲ 39.7%19.3above the sector's middle half▲ 1.6%19.2above the sector's middle half▼ 0.5%16.5within the sector's middle half▼ 14.1%15.6within the sector's middle half▼ 5.5%17.5within the sector's middle half▲ 12.2%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 17% lower than in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €390,773
Equity
€96,675 ▲ 28.4%
Debt
€294,098 ▲ 16.3%
Debt's share of the balance-sheet total falls from 77.1% to 75.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,172▼
2024 · €109,890
Cash flow
€21,371▼
2024 · €108,184
Debt to equity
3.04▼
2024 · 3.36
ROE
22.1%▼
2024 · 34.9%
Interest coverage
9.32▼
2024 · 51.83
Debt ≤ 1 year
€294,098▲
2024 · €252,924
Income taxes
€237▼
2024 · €448
Staff costs
€1.1m▲
2024 · €953,461
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 19 | 18 | 14 | 15 | 22 |
| full-time | 17 | 17 | 13 | 15 | 22 |
| part-time | 2 | 1 | 1 | - | 0 |
| in full-time equivalents | 18.6 | 17.8 | 13.8 | 15 | 22 |
| Average over the year, in full-time equivalents | 19.3 | 19.2 | 16.5 | 15.6 | 17.5 |
| On a permanent contract | 19 | 18 | 14 | 15 | 22 |
| Joined | 2 | 2 | 1 | 4 | 9 |
| Left | 3 | 3 | 5 | 3 | 2 |
| Training hours | - | 122 | - | - | 118 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €271,732 | €174,240 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €4,800 | - |
| Depreciation and write-downs of the year | €95,040 | €95,040 | €95,040 | €81,936 | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €2,787 awarded · €2,787 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €746 | €746 |
| 2023 | 1 | €2,041 | €2,041 |
Schemes
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €0.02m | - |
| Remuneration, social security and pensions62 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €1.1m | ▲ 16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.01m | €0.1m | €0.1m | €0.1m | €0.1m | €0.08m | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €0.006m | €0.004m | €0.005m | €0.005m | €0.007m | ▲ 46.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €150 | - | - | - |
| Gross operating margin9900 | €0.6m | €0.5m | €1.1m | €1.1m | €0.9m | €1.1m | €1.1m | €1.1m | ▲ 6.6% |
| Operating profit (loss)9901 | €0.02m | €0.02m | €0.2m | -€0.005m | -€0.2m | €0.01m | €0.03m | €0.02m | ▼ 17.1% |
| Financial income75/76B | - | - | - | - | €0.001m | €0.003m | €0.001m | €0.001m | ▲ 6.9% |
| Recurring financial income75 | - | - | - | - | €0.001m | €0.003m | €0.001m | €0.001m | ▲ 6.9% |
| Financial charges65/66B | - | - | - | €0.003m | €0.003m | €0.003m | €0.002m | €0.002m | ▲ 17.3% |
| Recurring financial charges65 | €0.002m | €0.002m | €0.004m | €0.003m | €0.003m | €0.003m | €0.002m | €0.002m | ▲ 17.3% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.01m | €0.2m | -€0.008m | -€0.2m | €0.01m | €0.03m | €0.02m | ▼ 19.1% |
| Income taxes67/77 | €452 | - | €0.01m | - | - | €0.004m | €448 | €237 | ▼ 47.1% |
| Profit (loss) for the period9904 | €0.02m | €0.01m | €0.2m | -€0.008m | -€0.2m | €0.006m | €0.03m | €0.02m | ▼ 18.6% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.01m | €0.2m | -€0.008m | -€0.2m | €0.006m | €0.03m | €0.02m | ▼ 18.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €150,205 | €803,474 | €879,477 | €742,581 | €443,687 | €420,931 | €328,229 | €390,773 | ▲ 19.1% |
| Fixed assets21/28 | €2,675 | €463,137 | €368,097 | €271,832 | €176,792 | €81,752 | €4,516 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | €461,812 | €366,772 | €271,732 | €176,692 | €81,652 | €4,516 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | - | - | - | €4,516 | €0 | ▼ 100% |
| Leasing and similar rights25 | - | - | - | €271,732 | €176,692 | €81,652 | - | - | - |
| Financial fixed assets28 | €2,675 | €1,325 | €1,325 | €100 | €100 | €100 | - | - | - |
| Current assets29/58 | €147,530 | €340,337 | €511,380 | €470,749 | €266,895 | €339,179 | €323,713 | €390,773 | ▲ 20.7% |
| Amounts receivable within one year40/41 | €81,531 | €202,725 | €198,651 | €257,205 | €155,189 | €237,245 | €261,628 | €317,739 | ▲ 21.4% |
| Trade receivables40 | - | - | - | €188,901 | €149,229 | €185,368 | €230,535 | €269,837 | ▲ 17.0% |
| Other amounts receivable41 | - | - | - | €68,304 | €5,960 | €51,876 | €31,094 | €47,902 | ▲ 54.1% |
| Cash at bank and in hand54/58 | €51,525 | €119,081 | €302,480 | €213,544 | €111,706 | €101,935 | €62,085 | €73,007 | ▲ 17.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | - | €28 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €150,205 | €803,474 | €879,477 | €742,581 | €443,687 | €420,931 | €328,229 | €390,773 | ▲ 19.1% |
| Equity10/15 | €53,331 | €66,587 | €242,976 | €234,678 | €42,576 | €49,057 | €75,304 | €96,675 | ▲ 28.4% |
| Contributions10/11 | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | = |
| Capital10 | - | - | - | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | = |
| Issued capital100 | - | - | - | €99,157 | €99,157 | €99,157 | €99,157 | €99,157 | = |
| Reserves13 | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | = |
| Non-distributable reserves130/1 | - | - | - | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | = |
| Legal reserve130 | - | - | - | €9,916 | €9,916 | €9,916 | €9,916 | €9,916 | = |
| Profit (loss) carried forward14 | -€55,742 | -€42,486 | €133,903 | €125,605 | -€66,497 | -€60,017 | -€33,769 | -€12,398 | ▲ 63.3% |
| Amounts payable17/49 | €96,874 | €736,887 | €636,501 | €507,903 | €401,111 | €371,875 | €252,924 | €294,098 | ▲ 16.3% |
| Amounts payable after more than one year17 | - | €364,320 | €269,280 | €174,240 | €79,200 | - | - | - | - |
| Financial debts170/4 | - | - | - | €174,240 | €79,200 | - | - | - | - |
| Amounts payable within one year42/48 | €96,874 | €372,567 | €367,221 | €333,663 | €321,911 | €371,875 | €252,924 | €294,098 | ▲ 16.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €95,040 | €95,040 | €79,200 | - | - | - |
| Trade debts44 | €56,119 | €231,455 | €179,006 | €144,713 | €136,174 | €207,337 | €137,290 | €122,079 | ▼ 11.1% |
| Suppliers440/4 | - | - | - | €144,713 | €136,174 | €207,337 | €137,290 | €122,079 | ▼ 11.1% |
| Taxes, remuneration and social security45 | - | - | - | €93,910 | €90,697 | €85,338 | €115,634 | €172,019 | ▲ 48.8% |
| Taxes450/3 | - | - | - | - | €5,918 | - | €6,335 | €12,284 | ▲ 93.9% |
| Remuneration and social security454/9 | - | - | - | €93,910 | €84,779 | €85,338 | €109,299 | €159,735 | ▲ 46.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,479 | €13,256 | €176,389 | -€8,298 | -€192,102 | €6,480 | €26,248 | €21,371 | ▼ 18.6% |
| + Depreciation and write-downs630 | - | €13,388 | €95,040 | €95,040 | €95,040 | €95,040 | €81,936 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €19,479 | €26,644 | €271,429 | €86,742 | -€97,062 | €101,520 | €108,184 | €21,371 | ▼ 80.2% |
| Investment in fixed assets (approximation) | - | -€473,850 | €0 | €1,225 | €0 | €0 | -€4,700 | €4,516 | - |
| Change in cash | - | €67,556 | €183,399 | -€88,937 | -€101,838 | -€9,771 | -€39,850 | €10,922 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,613 companies had the same profile as DEXTRA DISTRI. has now. Two years later, 97.3% were still going and 0.7% had gone bankrupt.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
97.3%
was still going
2.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of DEXTRA DISTRI. itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for DEXTRA DISTRI.. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 44 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 07-07-2026 | 2026-00276254 | |
| 31-12-2024 | abbreviated format | 24-07-2025 | 2025-00319440 | |
| 31-12-2023 | abbreviated format | 27-07-2024 | 2024-00305216 | |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00412080 | |
| 31-12-2021 | abbreviated format | 08-08-2022 | 2022-20278722 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-28600097 | |
| 31-12-2019 | abbreviated format | 30-06-2020 | 2020-23600364 | |
| 31-12-2018 | abbreviated format | 27-06-2019 | 2019-25300444 | |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-25100223 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-25000059 |