Active BE 0805.989.232Public limited company

DFH MARKET

Boulevard Gustave-Kleyer 3 ·4000 Liège, Belgium· 2 yrs active

Sector: Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen (47110)

Conclusion Checked

The computed 12-month bankruptcy probability of DFH MARKET is 2.0% (moderate). The 2024 annual accounts show equity of €149k and a net result of €-81k. Its solvency ranks better than 27% of 866 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€149k
Net result	€-81k
Staff (FTE)	23
Better than sector	27%

Snowflake analysis 4 of 5 axes measured · computed by Checked

23 / 100

Fragile profile, watch profitability in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 18

Profitability 0

Solvency 7

Growth -

Stability 67

Bankruptcy probability (12 mo) Checked model v1 · free

2.0% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Young company

Founded in 2023, under 3 years, statistically higher risk.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

18 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 26-07-2025 with the NBB · fiscal year 2024 · volledig

Sector comparison

Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	3.4%	17.3%	better than 27% of 866 sector peers
Net result	€-81k	€14k	better than 14% of 867 sector peers
Equity	€149k	€100k	better than 58% of 868 sector peers
Gross operating margin	€1.64M	€213k	better than 95% of 794 sector peers
Staff costs	€1.31M	€219k	higher than 88% of 715 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	-
EBITDA	€256k
Net profit	€-81k
Cash flow	€137k
Staff costs	€1.31M
Income taxes	€293
Dividends	-
Total assets	€4.38M
Equity	€149k
Debt	€4.23M
of which ≤ 1y	€1.84M
of which > 1y	€2.36M
Working capital	€-530k
Employees (FTE)	23.0

Ratios (computed)

	2024
Current ratio	0.71
Quick ratio	0.46
Working capital ratio	-12.1%
Solvency	3.4%
Debt / equity	28.34
Long-term debt ratio	15.84
Interest coverage	1.92
Gross margin	-
Net margin	-
ROA	-1.8%
ROE	-54.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €3.05M · 70.0% Current assets €1.31M · 30.0%

Equity & liabilities

Equity €149k · 3.4% Debt €4.23M · 96.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€4.38M
Fixed assets	21/28	€3.05M
Formation expenses	20	€16k
Intangible fixed assets	21	€817k
Tangible fixed assets	22/27	€2.24M
Current assets	29/58	€1.31M
Stocks & contracts in progress	3	€464k
Amounts receivable within one year	40/41	€123k
Cash & bank	54/58	€567k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€4.38M
Equity	10/15	€149k
Contributions / capital	10/11	€230k
Accumulated profits (losses)	14	€-81k
Amounts payable	17/49	€4.23M
Amounts payable after one year	17	€2.36M
Amounts payable within one year	42/48	€1.84M
Trade debts payable within one year	44	€1.32M
Income statement
Gross operating margin	9900	€1.64M
Operating result	9901	€39k
Financial income	75	€14k
Financial charges	65	€134k
Result before taxes	9903	€-80k
Income taxes	67/77	€293
Net result for the period	9904	€-81k
Result to be appropriated	9905	€-81k

Ratios computed by Checked.

Directors & mandates 2 directors

Former directors (2)

France WLAZEL
Director
State Gazette act 23145073 (14-11-2023)

Former
14-09-2023 → 15-04-2024
2 events
- 15-04-2024 Resigned· Director
- 14-09-2023 Appointed· Director
Pierre CONRARDY
Director
State Gazette act 24089743 (13-06-2024)

Former
- → 15-04-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110)
Legal form	Public limited company(014)
Incorporation	19-09-2023
Status	Active
Postal code	4000

Establishment units 1 location

Boulevard Gustave-Kleyer 3, 4000 Liège

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)

since 20232.350.223.490

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

26-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

2024

13-06-2024

State Gazette act Director changes

2023

14-11-2023

State Gazette act Director changes

Belgisch Staatsblad, acts 2 acts

All acts · 2 updated 2 years ago

2024

13-06-2024 2 resigning, 1 reappointed Director changes

Pierre CONRARDY, Bestuurder
France WLAZEL, Bestuurder
Denis WAUTERS, Bestuurder

Original publication ↗

Technical details

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2023

14-11-2023 France WLAZEL appointed as director Director changes

France WLAZEL, Bestuurder

Original publication ↗

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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114

Primary activity highlighted.

Names & trade names

Legal nameFR

DFH MARKET

Registered office

Boulevard Gustave-Kleyer 3

4000 Liège, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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