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DISTRIBEL

Active
Private limited companyfounded 1991active for 34 yearsVaartstraat 50, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0445.582.366
Summary

DISTRIBEL has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €991,623 and a net result of €60,259. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 85% of 251 sector peers (NACE 38, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Materials recovery from waste
NACE 38210
1 site
Size
€1.3mtotal assets 2025
Equity
€991,623
Profit
€60,259
Turnover not published (abbreviated format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Provisional estimate
Structure
Accounts 88 days early1 of 4 deeds read
Why 87raises riskHigher-failure-rate sectorlowers riskLong track recordAnnual accounts: healthy financial profileShow the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Provisional estimate
Financially better than 60% of its sector peers (NACE 38, micro)
Financial strength · tick = 2024
Strong
Solvency 99-1
equity 74.0% of total assets
Liquidity 62-33
short-term debt 26.0% · cash 17.3%
Profitability 74+25
return on assets 4.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Provisional estimate
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.81, compared with 5.47 in 2024; short-term debt: 26% and cash: 17.3% of total assets), and 26% of the assets are financed with debt.
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 38, micro): better than 81% on solvency, 69% on liquidity, 64% on profitability and 26% on growth.

Provisional estimate: the current bankruptcy probability was not available, so Checked used its built-in model.

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).

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Signals

Four signals.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 years
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
74%
Return on assets
4.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
88 days early
2024
31 days early
2023
48 days late
2022
37 days late
2021
10 days early
2020
88 days late
2019
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 33% 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 21 July (4 of the last 5 filed years within 59 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: LAVAERT Eddy (manager)Appointments: LAVAERT Eddy (non-statutory director)…
  3. Highest result from 2018 to 2025net €60,259 ▲54.3%

Key points

  • Positive: Among the best 16% on solvencysector median 37.7% · 251 companies 74.0% View
  • New directorslatest change 08-01-2026 · 2 in office 2 joined View
  • Positive: 6 profitable years in a rowprofit 2025: €60,259 6 years View

By topic

Financials

Financial year
2025
Total assets
€1.3m
Profit
€60,259
Solvency
74.0%
Total assets▲ 0.9%
Net result
20182025
Go to Financials

Timeline

Events
39
Since
1993
Next accounts
by 31-07-2027
  1. 30-06-2025Annual accounts filed
  2. 17-09-2024Annual accounts filed
  3. 06-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Materials recovery from wasteNACE 38210
Founded
04-11-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Who signs
Each director alone
Annual meeting
First Saturday of April at 10:00
Purpose
De aan en verkoop, invoer, uitvoer, handel, opslag en distributie van bouwstoffen…
Go to Articles of association

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