Skip to content

DISCOVERY BELGIUM

Active
Private limited company (pre-2019)founded 2005active for 21 yearsBrusselstraat 107D, 1702 Dilbeek, BelgiumKBO/BCE: BE 0871.407.121
Summary

The computed 12-month bankruptcy probability of DISCOVERY BELGIUM is 4.3% (elevated). The annual accounts of DISCOVERY BELGIUM for financial year 2024 show a net loss of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €61,990 and a net result of -€85,461. Equity is shrinking by about 2.9% per year across the filed financial years. Its solvency ranks better than 32% of 15,483 sector peers (NACE 46, financial year 2024). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Wholesale trade
NACE 46836
1 site
Size
€376,786total assets 2024
Equity
€61,990
Loss
-€85,461
Turnover not published (abbreviated or micro format)
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
4.3%
Structure
Accounts 76 days overdue0 of 2 deeds read
Why 47raises riskLoss of €85,461, the second in a row (financial year 2024)1 financial year not filed after the legal deadline; latest accounts 109 days late; 3 of the last 3 lateEx-officio strike-off in the KBOlowers riskFounded in 2005Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 24% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 41+3
equity 16.5% of total assets
Liquidity 51+38
short-term debt 50.1% · cash 20.8%
Profitability 0-17
return on assets -22.7%
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,873 companies, NACE 46, micro)
Last 24 months 11-2024: 2.0% 12-2024: 0.7%▼ -1.3 percentage points vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024lowest value 02-2025: 1.4%▲ +0.7 percentage points vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.6%▲ +0.2 percentage points vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.6%▲ +0.7 percentage points vs 07-2025 09-2025: 2.9%▲ +0.3 percentage points vs 08-2025 10-2025: 3.8%▲ +0.9 percentage points vs 09-2025 11-2025: 4.1%▲ +0.3 percentage points vs 10-2025 12-2025: 3.5%▼ -0.6 percentage points vs 11-2025 01-2026: 3.4%▼ -0.1 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.2%▼ -0.2 percentage points vs 04-2026 06-2026: 3.0%▼ -0.2 percentage points vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 3.5%▲ +0.5 percentage points vs 07-2026 09-2026: 3.6%▲ +0.1 percentage points vs 08-2026 10-2026: 4.3%▲ +0.7 percentage points vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.93, compared with 1.32 in 2023, above the usual 1.5; short-term debt: 50.1% and cash: 20.8% of total assets), but 83.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 28% on solvency, 55% on liquidity, 6% on profitability and 9% on growth.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Eight signals.
lowers riskraises risk
raises risk · Loss of €85,461, the second in a row (financial year 2024)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 109 days late; 3 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€85,461
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
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 17-11-2025, 109 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
109 days late
2023
95 days late
2022
69 days late
2021
78 days late
2020
88 days late
2019
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 93 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
  1. Annual accounts filedfinancial year 2024 · micro…
  2. UBO non-complianceevent 13-01-2025
  3. Weakest financial yearnet -€85,461

Key points

  • Caution: Result fell in 2024from -€12,694 to -€85,461 ▼ 573% View
  • Caution: Among the weakest 5% on net resultsector median €4,917 · 15,466 companies -€85,461 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€85,461 View

By topic

Financials

Financial year
2024
Total assets
€376,786
Loss
-€85,461
Solvency
16.5%
Total assets▼ 65.7%
Net result
20182024
Go to Financials

Timeline

Events
25
Since
2006
  1. 03-11-2024Annual accounts filed
  2. 08-10-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Wholesale tradeNACE 46836
Founded
24-01-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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.