DISTRACON
ActiveSummary
DISTRACON has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €-9k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-68
Solvency97▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.51 against 15.87 in 2024; short-term debt: 27.9% and cash: 9.1% of total assets), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
71.7%
Return on assets
-10.9%
Age of the figures
12 mo
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 29-04-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
13 d late
2022
2 d early
2021
2 d late
2020
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▼ 13.2%
2024 · €66k
2020: €42k
2021: €48k
2022: €55k
2023: €63k
2024: €66k
2020 → 2025
Total assets
€80k▲ 15.0%
2024 · €70k
2020: €96k
2021: €68k
2022: €77k
2023: €70k
2024: €70k
2020 → 2025
Net result
€-9k
2024 · €3k
2020: €24k
2021: €6k
2022: €7k
2023: €8k
2024: €3k
2020 → 2025
Working capital
€34k▼ 28.7%
2024 · €47k
2020: €5k
2021: €8k
2022: €25k
2023: €38k
2024: €47k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€55k▲ 14.5%€63k▲ 14.4%€66k▲ 4.1%€57k▼ 13.2%
Operating result€10k-€11k▲ 10.7%€11k▲ 7.4%€6k▼ 50.0%€-9k
Net result€6k-€7k▲ 12.8%€8k▲ 13.3%€3k▼ 67.3%€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80k
Fixed assets
€24k ▲ 25.8%
Current assets
€56k ▲ 10.9%
Equity and liabilities €80k
Equity
€57k ▼ 13.2%
Debt
€23k ▲ 542%
Debt's share of the balance-sheet total rises from 5.1% to 28.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €15k
Cash flow
€-1k▼
2024 · €12k
Current ratio
2.51▼
2024 · 15.87
Debt to equity
0.40▲
2024 · 0.05
ROE
-15.2%▼
2024 · 3.9%
ROA
-10.9%▼
2024 · 3.7%
Interest coverage
-14.75▼
2024 · 67.20
Debt ≤ 1 year
€22k▲
2024 · €3k
Income taxes
€302▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€70k€80k▲
Fixed assets21/28€19k€24k▲
Tangible fixed assets22/27€19k€24k▲
Land and buildings22€8k€6k▼
Plant, machinery and equipment23€657€427▼
Furniture and vehicles24€11k€17k▲
Current assets29/58€51k€56k▲
Amounts receivable within one year40/41€39k€49k▲
Trade receivables40€39k€48k▲
Other amounts receivable41-€773
Cash at bank and in hand54/58€11k€7k▼
Equity and liabilities
Total equity and liabilities10/49€70k€80k▲
Equity10/15€66k€57k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€47k€39k▼
Distributable reserves133€47k€39k▼
Amounts payable17/49€4k€23k▲
Amounts payable within one year42/48€3k€22k▲
Trade debts44€770-
Suppliers440/4€770-
Taxes, remuneration and social security45€2k€244▼
Taxes450/3€2k€244▼
Other amounts payable47/48€690€22k▲
Accrued charges and deferred income492/3€348€348=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€708€582▼
Gross operating margin9900€16k€-1k▼
Operating profit (loss)9901€6k€-9k▼
Financial income75/76B€253€1k▲
Recurring financial income75€253€1k▲
Financial charges65/66B€226€136▼
Recurring financial charges65€226€136▼
Profit (loss) for the period before taxes9903€6k€-8k▼
Income taxes67/77€3k€302▼
Profit (loss) for the period9904€3k€-9k▼
Profit (loss) for the period to be appropriated9905€3k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-9k▼
Transfer from equity791/2-€9k
Transfer to equity691/2€3k-
To other reserves6921€3k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-9k ▼434%
Net result drops to €-9k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity doublescurrent ratio 15.87
Current ratio from 6.91 to 15.87; short-term debt falls from €6k to €3k.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
30-09
Financial
Liquidity triplescurrent ratio 6.91
Current ratio from 2.16 to 6.91; short-term debt falls from €21k to €6k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wijk Ten Dale 878930 MenenGround area
708 m²
Building footprint
173 m²
Volume, LiDAR
788 m³
Parcel 34032A0005/00W000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Distracon
since 20192.285.956.834
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34032A0005/00W000 | Flanders | 708 m² | 1 · 173 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BUILDING PRODUCTS
BE 0820.548.932
Mortsel · Eq €57,215
VTX DISTRIBUTION
BE 0693.822.093
Kraainem · Eq €57,504
MDH SOLUTIONS
BE 1017.948.979
Maldegem · Eq €56,828
ICP PERGOLA
BE 0773.929.643
Juprelle · Eq €56,749
SL CORP
BE 0747.768.842
Drogenbos · Eq €56,375
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 496 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2019
Fiscal year end30-09
Activities, NACEBEL 2025
46130Agents in the wholesale of timber and building materials
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.