Equity
€62,432 =
DISTINGUISHED paid out €36,193 in dividends. That is 100% of the 2025 profit.
DISTINGUISHED
Lifetime
9 annual accounts with figures on one time axispeak €53,724 (2024)
€48,692▼ 9.4%
lowest -€13,663 (2022)
€36,193▼ 3.9%
peak €62,432 (2024)
€62,432unchanged
€59,542▲ 114%
Board1 name since 2021
1 directorLouis VANHOVE
Documentsfilings and deeds
13-04-202617 days before the deadline
2025micro format
Dividend €36,193Debts from €27,845 to €59,542Investments €9,447Cash from €26,573 to €0
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The micro format states no turnover.
Investments
€9,447 3.6 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.89 was 3.16 in 2024
Short-term debts rose from €27,457 to €59,142.
Filings
9 annual accounts since 2017
The last five annual accounts were filed 4 to 33 days before the end of the period.
Position in the sector
€36,193
Higher net result than 83% of companies in retail trade. Sector median €5,052 · 22,900 companies.
Checked score
71
Healthy
Financially stronger than 56% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.6%▼ -0.1 percentage points vs 02-2025
04-2025: 0.8%▲ +0.2 percentage points vs 03-2025highest value
05-2025: 0.2%▼ -0.6 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged 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 11-2025lowest value
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: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%▲ +0.4 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.89, cash €0, halved
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2013
Equity €62,432 (51.2% of total assets)
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 65% of them on solvency, 23% on liquidity, 96% on profitability and 39% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as DISTINGUISHED has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of DISTINGUISHED itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for DISTINGUISHED. 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.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.89 (3.16 in 2024), above the usual 1.5. Short-term debt is 48.5% and cash 0% of total assets. 48.8% of the assets are financed with debt and provisions.
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
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €62,432
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
17 days early
2024
8 days early
2023
33 days early
2022
4 days early
2021
10 days early
2020
3 days early
2019
1 day early
← 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 11 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 financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 20 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0542739546
Reappointment: Louis VANHOVE (director)
“Het verhandelen via een webshop of andere kanalen van accessoires voor heren;waaronder niet limitatief wordt…” (deed in Dutch) · General meeting of 30-01-2023 · Gazette deed
Registered office moved from Kortrijk to Rollegem
New registered office: Groene Dreef 21, 8510 Rollegem · Previous registered office: Kapelstraat 47, 8500 Kortrijk · Gazette deed
Incorporation
published on 17-12-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DISTINGUISHED Kortrijk | €121,974 | €48,692 | 51.2% | - |
| CONCEPT DISTRIBUTION Waterloo | €102,740 | €41,435 | -50.1% | - |
| BABAR Trinité Ixelles | €103,335 | €48,556 | 17.1% | - |
| Greber Meerhout | €118,039 | €80,488 | 67.1% | - |
| MASYBELLE Verviers | €105,040 | €75,704 | 70.4% | - |
| MINI-TEN Blankenberge | €131,209 | €55,904 | 33.8% | - |
| VITABULLE Awans | €180,131 | €56,026 | 23.5% | - |
These companies have the same main activity as DISTINGUISHED: retail trade (NACE 47715). They are comparable in size and age: total assets between €103,000 and €180,000, founded between 2011 and 2018.
Official details
Source: KBO- Status
- Active since 13-11-2013Normal situation
- Activity
- Retail tradeNACE 47715
- Establishment unit
- 2.225.662.5258510 Kortrijk, since 13-11-2013
- Financial year end
- 30 September
- Peppol
- Reachable since 26-03-2024
Annual accounts to 30-09-2025
- €121,974▲ 35.1%
- Filing
- Filed on 13-04-2026, 17 days before the end of the filing period
Insights on DISTINGUISHED
DISTINGUISHED files the micro format. That format states no turnover. The gross margin rose from €19,586 in 2017 to €48,692 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DISTINGUISHED
- What is the company number of DISTINGUISHED?
- The company number of DISTINGUISHED is 0542.739.546. The VAT number is the same number with BE in front: BE 0542.739.546.
- Where is DISTINGUISHED based?
- The registered office is at Groene Dreef 21, 8510 Kortrijk.Company details
- What does DISTINGUISHED do?
- According to the KBO register, the main activity is retail trade (NACE 47715).
- What is the legal form of DISTINGUISHED?
- DISTINGUISHED is a private limited company (BV).
- When was DISTINGUISHED founded?
- DISTINGUISHED was founded on 13-11-2013.
- Is DISTINGUISHED still active?
- Yes, DISTINGUISHED is an active enterprise in the KBO register.
- What is the turnover of DISTINGUISHED?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €48,692 and 51 comparable companies (NACE 477). It probably lies between €130,000 and €420,000.Financials
- Is DISTINGUISHED profitable?
- In financial year 2025, DISTINGUISHED made a profit of €36,193.
- Where can I find the annual accounts of DISTINGUISHED?
- DISTINGUISHED filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DISTINGUISHED due?
- DISTINGUISHED must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.