DISCUS
ActiveSummary
DISCUS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €576,182 and a net result of €23,208, of which €26,050 non-recurring income. Equity has been growing by about 9.2% per year since 2018. Its solvency ranks better than 77% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-09-2002 Normal situation
- Activity
- Retail sale of other sporting goods NACE 47639and 1 other
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
- Establishment units
- 2.114.982.951 4030 Liège, since 26-09-2002
- 2.262.792.937 4030 Liège, since 15-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Board and ownership
Board
- MURATORE FRANCISDirector · since 06-09-2002
Shareholders
- MANON30%· score 932025 annual accounts of MANON
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €391,816
- ▼ 6.0%
- Turnover
- ≈ €2.6m
- estimated
- Profit
- €23,208
- ▲ 17.2%
- Equity
- €576,182
- ▲ 4.2%
- Total assets
- €897,766
- ▲ 0.9%
- Employees on 31-12-2025
- 9
- =
Score breakdownraises riskSize: 7.6 FTE, total assets €897,766lowers riskLiquidity: current ratio 2.65, cash €211,618Equity €576,182 (64.2% of total assets)Founded in 2002Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency
89+2
equity 64.2% of total assets
Liquidity
63+1
short-term debt 35.8% · cash 23.6%
Profitability
72=
return on assets 2.6%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.65 (2.44 in 2024), above the usual 1.5. Short-term debt is 35.8% and cash 23.6% of total assets. 35.8% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 76% of them on solvency, 70% on liquidity, 55% on profitability and 50% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
3 days early
2023
23 days early
2022
on the day
2021
4 days early
2020
3 days late
2019
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 27 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
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 25-06-2026 at the NBB all 23 filings
Turnover
≈ €2.6m
Estimated: probably between €1.5m and €4.2m
EBIT margin
Not included in this filing
Net result
€23,208▲ 17.2%
2024 · €19,802
Working capital
€530,464▲ 9.6%
2024 · €483,923
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 14% higher than in 2024. It is a recovery after the fall in 2024.
Operating result€35,863
2025
Net result€23,208
2025
Total assets€897,766
2025
Equity€576,182
2025
Debt€321,584
2025
Working capital€530,464
2025
Return on assets (ROA)2.6%
2025
Solvency64.2%
2025
Current ratio2.65
2025
Staff (FTE)7.6
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€82,611-€52,987▼ 35.9%€106,679▲ 101%€88,866▼ 16.7%€79,249▼ 10.8%€46,225▼ 41.7%€31,537▼ 31.8%€35,863▲ 13.7%
Net result€59,630-€35,185▼ 41.0%€81,237within the sector's middle half▲ 131%€64,530within the sector's middle half▼ 20.6%€56,859within the sector's middle half▼ 11.9%€29,821within the sector's middle half▼ 47.6%€19,802within the sector's middle half▼ 33.6%€23,208within the sector's middle half▲ 17.2%
Equity€290,540-€325,725▲ 12.1%€391,962within the sector's middle half▲ 20.3%€446,492within the sector's middle half▲ 13.9%€503,352within the sector's middle half▲ 12.7%€533,173within the sector's middle half▲ 5.9%€552,974within the sector's middle half▲ 3.7%€576,182within the sector's middle half▲ 4.2%
Total assets€679,380-€774,991▲ 14.1%€842,309within the sector's middle half▲ 8.7%€944,832within the sector's middle half▲ 12.2%€903,208within the sector's middle half▼ 4.4%€914,892within the sector's middle half▲ 1.3%€889,897within the sector's middle half▼ 2.7%€897,766within the sector's middle half▲ 0.9%
Debt€388,840-€449,266▲ 15.5%€450,348▲ 0.2%€498,339▲ 10.7%€399,856▼ 19.8%€381,719▼ 4.5%€336,922▼ 11.7%€321,584▼ 4.6%
Working capital€230,509-€258,291▲ 12.1%€321,554within the sector's middle half▲ 24.5%€365,318within the sector's middle half▲ 13.6%€408,004within the sector's middle half▲ 11.7%€443,526within the sector's middle half▲ 8.7%€483,923within the sector's middle half▲ 9.1%€530,464within the sector's middle half▲ 9.6%
Solvency42.8%-42.0%▼ 0.7pp46.5%within the sector's middle half▲ 4.5pp47.3%within the sector's middle half▲ 0.7pp55.7%above the sector's middle half▲ 8.5pp58.3%above the sector's middle half▲ 2.5pp62.1%above the sector's middle half▲ 3.9pp64.2%above the sector's middle half▲ 2.0pp
Current ratio1.72-1.69▼ 0.031.83within the sector's middle half▲ 0.141.81within the sector's middle half▼ 0.022.06within the sector's middle half▲ 0.252.17within the sector's middle half▲ 0.102.44above the sector's middle half▲ 0.272.65above the sector's middle half▲ 0.21
Return on assets (ROA)8.8%-4.5%▼ 4.2pp9.6%within the sector's middle half▲ 5.1pp6.8%within the sector's middle half▼ 2.8pp6.3%within the sector's middle half▼ 0.5pp3.3%within the sector's middle half▼ 3.0pp2.2%within the sector's middle half▼ 1.0pp2.6%within the sector's middle half▲ 0.4pp
Staff (FTE)8.4-9▲ 7.1%9.5within the sector's middle half▲ 5.6%8.9within the sector's middle half▼ 6.3%8.6within the sector's middle half▼ 3.4%8.4within the sector's middle half▼ 2.3%8.1within the sector's middle half▼ 3.6%7.6within the sector's middle half▼ 6.2%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). 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 turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €897,766
Fixed assets
€45,719 ▼ 33.8%
Current assets
€852,048 ▲ 3.8%
Equity and liabilities €897,766
Equity
€576,182 ▲ 4.2%
Debt
€321,584 ▼ 4.6%
Debt's share of the balance-sheet total falls from 37.9% to 35.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61,294▼
2024 · €64,014
Cash flow
€48,639▼
2024 · €52,279
Quick ratio
0.76▲
2024 · 0.70
Debt to equity
0.56▼
2024 · 0.61
ROE
4.0%▲
2024 · 3.6%
Interest coverage
12.35▼
2024 · 14.21
Debt ≤ 1 year
€321,584▼
2024 · €336,922
Income taxes
€9,500▼
2024 · €9,557
Staff costs
€327,806▼
2024 · €348,187
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 | 11 | 10 | 10 | 9 | 9 |
| full-time | 7 | 6 | 5 | 5 | 5 |
| part-time | 4 | 4 | 5 | 4 | 4 |
| in full-time equivalents | 9.6 | 8.6 | 8.2 | 7.4 | 7.4 |
| Average over the year, in full-time equivalents | 8.9 | 8.6 | 8.4 | 8.1 | 7.6 |
| On a permanent contract | 7 | 6 | 8 | 8 | 9 |
| Joined | 5 | 5 | 5 | 4 | 2 |
| Left | 3 | 6 | 5 | 5 | 2 |
| Training hours | 1,851 | 2,448 | 1,330 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €52,956 | €14,373 | €12,338 | €9,967 | €4,418 |
| Depreciation and write-downs of the year | €49,836 | €32,981 | €32,626 | €32,478 | €25,431 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,630 | €4,785 | €3,132 | €654 | €26,050 | ▲ 40× |
| Remuneration, social security and pensions62 | - | - | - | €274,484 | €288,257 | €325,015 | €348,187 | €327,806 | ▼ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,025 | €39,860 | €46,127 | €49,836 | €32,981 | €32,626 | €32,478 | €25,431 | ▼ 21.7% |
| Other operating charges640/8 | - | - | - | €5,984 | €1,026 | €4,740 | €4,700 | €2,108 | ▼ 55.2% |
| Non-recurring operating charges66A | - | - | - | €1,224 | €2,090 | €863 | - | €608 | - |
| Gross operating margin9900 | €354,210 | €370,221 | €409,237 | €420,393 | €403,604 | €409,468 | €416,901 | €391,816 | ▼ 6.0% |
| Operating profit (loss)9901 | €82,611 | €52,987 | €106,679 | €88,866 | €79,249 | €46,225 | €31,537 | €35,863 | ▲ 13.7% |
| Financial income75/76B | - | - | - | €875 | €1,227 | €254 | €2,326 | €1,810 | ▼ 22.2% |
| Recurring financial income75 | €682 | €282 | €1,476 | €875 | €1,227 | €254 | €2,326 | €1,810 | ▼ 22.2% |
| Financial charges65/66B | - | - | - | €4,834 | €5,177 | €4,749 | €4,504 | €4,965 | ▲ 10.2% |
| Recurring financial charges65 | €4,856 | €5,418 | €4,841 | €4,834 | €5,177 | €4,749 | €4,504 | €4,965 | ▲ 10.2% |
| Profit (loss) for the period before taxes9903 | €78,437 | €47,851 | €103,313 | €84,906 | €75,300 | €41,731 | €29,358 | €32,708 | ▲ 11.4% |
| Income taxes67/77 | €18,807 | €12,666 | €22,077 | €20,376 | €18,440 | €11,910 | €9,557 | €9,500 | ▼ 0.6% |
| Profit (loss) for the period9904 | €59,630 | €35,185 | €81,237 | €64,530 | €56,859 | €29,821 | €19,802 | €23,208 | ▲ 17.2% |
| Profit (loss) for the period to be appropriated9905 | €59,630 | €35,185 | €81,237 | €64,530 | €56,859 | €29,821 | €19,802 | €23,208 | ▲ 17.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €679,380 | €774,991 | €842,309 | €944,832 | €903,208 | €914,892 | €889,897 | €897,766 | ▲ 0.9% |
| Fixed assets21/28 | €129,215 | €142,866 | €133,091 | €130,457 | €111,849 | €91,561 | €69,051 | €45,719 | ▼ 33.8% |
| Tangible fixed assets22/27 | €129,175 | €142,826 | €133,051 | €130,417 | €111,809 | €91,521 | €69,011 | €45,679 | ▼ 33.8% |
| Plant, machinery and equipment23 | - | - | - | €16,302 | €20,780 | €20,434 | €18,792 | €13,609 | ▼ 27.6% |
| Furniture and vehicles24 | - | - | - | €33,330 | €26,447 | €19,563 | €11,896 | €3,155 | ▼ 73.5% |
| Leasing and similar rights25 | - | - | - | €24,371 | €15,859 | €10,438 | €2,319 | - | - |
| Other tangible fixed assets26 | - | - | - | €56,415 | €48,724 | €41,085 | €36,004 | €28,914 | ▼ 19.7% |
| Financial fixed assets28 | €40 | €40 | €40 | €40 | €40 | €40 | €40 | €40 | = |
| Current assets29/58 | €550,165 | €632,125 | €709,218 | €814,374 | €791,359 | €823,331 | €820,846 | €852,048 | ▲ 3.8% |
| Stocks and contracts in progress3 | €285,909 | €393,891 | €415,711 | €517,989 | €538,038 | €578,725 | €584,425 | €608,678 | ▲ 4.2% |
| Stocks30/36 | - | - | - | €517,989 | €538,038 | €578,725 | €584,425 | €608,678 | ▲ 4.2% |
| Amounts receivable within one year40/41 | €23,854 | €37,842 | €41,322 | €23,468 | €35,483 | €22,429 | €15,399 | €20,601 | ▲ 33.8% |
| Trade receivables40 | - | - | - | €16,821 | €33,112 | €17,355 | €5,840 | €6,874 | ▲ 17.7% |
| Other amounts receivable41 | - | - | - | €6,646 | €2,371 | €5,074 | €9,558 | €13,727 | ▲ 43.6% |
| Cash at bank and in hand54/58 | €232,417 | €187,509 | €245,386 | €268,924 | €204,224 | €208,201 | €206,522 | €211,618 | ▲ 2.5% |
| Deferred charges and accrued income490/1 | - | - | - | €3,994 | €13,614 | €13,976 | €14,500 | €11,150 | ▼ 23.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €679,380 | €774,991 | €842,309 | €944,832 | €903,208 | €914,892 | €889,897 | €897,766 | ▲ 0.9% |
| Equity10/15 | €290,540 | €325,725 | €391,962 | €446,492 | €503,352 | €533,173 | €552,974 | €576,182 | ▲ 4.2% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €141,860 | €156,860 | €186,860 | €201,860 | €231,860 | €241,860 | €251,860 | €261,860 | ▲ 4.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €200,000 | €230,000 | €240,000 | €250,000 | €260,000 | ▲ 4.0% |
| Profit (loss) carried forward14 | €142,480 | €162,665 | €198,902 | €238,432 | €265,292 | €285,113 | €294,914 | €308,122 | ▲ 4.5% |
| Amounts payable17/49 | €388,840 | €449,266 | €450,348 | €498,339 | €399,856 | €381,719 | €336,922 | €321,584 | ▼ 4.6% |
| Amounts payable after more than one year17 | €69,184 | €75,432 | €62,684 | €49,283 | €16,501 | €1,914 | - | - | - |
| Financial debts170/4 | - | - | - | €49,283 | €16,501 | €1,914 | - | - | - |
| Amounts payable within one year42/48 | €319,657 | €373,834 | €387,664 | €449,056 | €383,355 | €379,805 | €336,922 | €321,584 | ▼ 4.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €48,001 | €32,782 | €17,176 | €1,914 | - | - |
| Financial debts43 | - | - | - | €16,842 | €6,118 | €6,611 | €3,995 | €4,782 | ▲ 19.7% |
| Credit institutions430/8 | - | - | - | €16,842 | €6,118 | €6,611 | €3,995 | €4,782 | ▲ 19.7% |
| Trade debts44 | €218,900 | €280,962 | €278,419 | €286,033 | €267,360 | €271,672 | €251,752 | €240,546 | ▼ 4.5% |
| Suppliers440/4 | - | - | - | €286,033 | €267,360 | €271,672 | €251,752 | €240,546 | ▼ 4.5% |
| Taxes, remuneration and social security45 | - | - | - | €88,180 | €77,095 | €84,347 | €79,261 | €76,256 | ▼ 3.8% |
| Taxes450/3 | - | - | - | €43,812 | €34,681 | €32,600 | €26,300 | €29,246 | ▲ 11.2% |
| Remuneration and social security454/9 | - | - | - | €44,368 | €42,413 | €51,746 | €52,961 | €47,010 | ▼ 11.2% |
| Other amounts payable47/48 | - | - | - | €10,000 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,630 | €35,185 | €81,237 | €64,530 | €56,859 | €29,821 | €19,802 | €23,208 | ▲ 17.2% |
| + Depreciation and write-downs630 | €37,025 | €39,860 | €46,127 | €49,836 | €32,981 | €32,626 | €32,478 | €25,431 | ▼ 21.7% |
| Operating cash flow (approximation) | €96,655 | €75,045 | €127,363 | €114,366 | €89,841 | €62,447 | €52,279 | €48,639 | ▼ 7.0% |
| Investment in fixed assets (approximation) | - | -€53,511 | -€36,352 | -€47,202 | -€14,373 | -€12,338 | -€9,967 | -€2,099 | ▲ 78.9% |
| Change in cash | - | -€44,908 | €57,877 | €23,538 | -€64,700 | €3,977 | -€1,678 | €5,095 | - |
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, 17,041 companies had the same profile as DISCUS has now. Two years later, 0.5% had gone bankrupt and 94.3% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94.3%
was still going
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DISCUS itself: 0.1% 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 17,041 companies, not a prediction for DISCUS. 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 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 25-06-2026 | 2026-00206533 | |
| 31-12-2024 | full format | 28-07-2025 | 2025-00325618 | |
| 31-12-2023 | full format | 08-07-2024 | 2024-00227814 | |
| 31-12-2022 | full format | 31-07-2023 | 2023-00303700 | |
| 31-12-2021 | full format | 27-07-2022 | 2022-20242021 | |
| 31-12-2020 | full format | 03-08-2021 | 2021-45500056 | |
| 31-12-2019 | full format | 20-08-2020 | 2020-42700501 | |
| 31-12-2018 | full format | 01-08-2019 | 2019-42500506 | |
| 31-12-2017 | full format | 06-08-2018 | 2018-43400548 | |
| 31-12-2016 | full format | 14-08-2017 | 2017-43200189 |
Board & ownership
Directors
Directors
1 director, last change in 2024
MURATORE FRANCIS
Current
Owners and capital
Shareholders
1 ownerOwners 1
- Sourceaccounts MANON 2025Equity €251,802 Profit of €42,052 in 2025 (profit of €120,158 in 2024) Checked score 9330%
Capital transactions
Capital over time
- 04-01-2024 Converted to unavailable equity
Mandate history
2 people, 1 in office
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| MURATORE FRANCIS |
|
| Francesco MURATORE |
|
Network & group
Connections & network
1 current directorThe network starts from the directors of DISCUS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
25-06
full format · 36 days before the deadline
2025
28-07
full format · 3 days before the deadline
2024
31-12
Financial
Weakest financial yearnet €19,802 ▼33.6%
The net result drops to €19,802, the lowest from 2018 to 2025. It recovers the following year.
08-07
full format · 23 days before the deadline
04-01
Gazette deed
Change of role: Francesco MURATORE, from manager to directorCapital conversion · Purpose change · Amendment of the articles10 points ▸
Gazette deed
Change of role: Francesco MURATORE, from manager to director
Capital conversion · Purpose change · Amendment of the articles10 points ▸
- General meeting, 20-12-2023
- Other provision, “adaptation des statuts au CSA et maintien SRL, adapter les statuts” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Purpose change
- Amendment of the articles
- Capital
- Director resignation, Francesco MURATORE (manager)
- Director appointment, Francesco MURATORE (director (not named in the articles))
- Director discharge, Francesco MURATORE
- Registered office clause, “4030 Liège – Boulevard Cuivre et Zinc”, 21 (deed in French)
2023
31-07
full format · on the deadline day
2022
31-12
Financial
Equity above €500,000equity €503,352 ▲12.7%
With a profit in every financial year since 2018, equity grows to €503,352.
27-07
full format · 4 days before the deadline
2021
03-08
full format · 3 days late
2020
31-12
Financial
Highest result from 2018 to 2025net €81,237 ▲131%
The operating result of €106,679 and the net result of €81,237 are both a record.
20-08
full format · 20 days late
2019
01-08
full format · 1 day late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
DISCUS in French
Enterprise number
0478.326.596
Legal form
Private limited company
Status
Active, normale toestand
Founded
13-09-2002
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 04-01-2024 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région wallonne, l’organe d’administration peut établir par simple décision des sièges administratifs,agences,ateliers,dépôts et succursales…”
deed of 04-01-2024 (in French)Registered office and establishments
Registered office
Boulevard Cuivre et Zinc 21, 4030 Liège, Belgium
Establishment units
ANIMAL CENTER LIEGE, Boulevard Cuivre et Zinc 21, 4030 Liège since 26-09-2002 · unit number 2.114.982.95147762 Retail sale of pets, pet food and pet supplies
Liège Fishing, Boulevard Cuivre et Zinc 19, 4030 Liège since 15-04-2017 · unit number 2.262.792.937
Activities
NACEBEL 2025VAT activities
47639
Retail sale of other sporting goods main activity
47762
Retail sale of pets, pet food and pet supplies
Social security (RSZ) activities
47762
Retail sale of pets, pet food and pet supplies main activity
Codes under NACEBEL 2008
VAT activities
47640
Retail trade main activity
47762
Retail trade
Social security (RSZ) activities
47762
Retail trade main activity
Codes under NACEBEL 2003
VAT activities
52496
main activity
Social security (RSZ) activities
52496
main activity
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 04-01-2024 (in French)
“La vente en gros et au détail,en libre service,de produits,aliments et accessoires au sens large,destinés aux animaux domestiques; La vente…”
3 activities
- La vente en gros et au détail,en libre service,de produits,aliments et accessoires au sens large,destinés aux animaux domestiques .
- La vente d’articles de pêche.
- ElIe pourra également vendre des animaux domestiques .
Invoicing and payment
VAT number
BE 0478.326.596
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Recognitions · licences · registrations
Food safety, FASFC
2 sitesLiègeunit number 2.114.982.951
Liègeunit number 2.262.792.937
Sites & property
Location
Buildings and parcels at the addresses
Ground area
2,898 m²
Building footprint
1,292 m²
Building volume
6,935 m³
Tallest building: 6.5 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62047C1343/00L003 | Wallonia | 1,766 m² | 1 · 644 m² | 6.3 m · 2 |
| 62047C1343/00M003 | Wallonia | 1,131 m² | 1 · 648 m² | 6.5 m · 2 |