DISTRIBIO
ActiveSummary
DISTRIBIO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€73,918) and a net result of €12,660. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▲+39
Solvency20▲+2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.83 in 2023; short-term debt: 87.7% and cash: 2.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
-5.4%
Return on assets
0.9%
Age of the figures
21 mo
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
Wholesale trade (NACE 46)
about 21% 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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
29 d late
2023
30 d late
2022
17 d early
2021
31 d late
2020
72 d early
2019
59 d early
← 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 14 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema, 2025 accounts filed, figures not processed yet
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12,660
2023 · -€577,485
Working capital
-€197,822▼ 13.2%
2023 · -€174,795
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€277,031▲ 121%€85,350▼ 69.2%-€5,498-€518,364▼ 9,328%€60,560
Net result€199,049within the sector's middle half▲ 62.0%€49,834within the sector's middle half▼ 75.0%-€3,286below the sector's middle half-€577,485below the sector's middle half▼ 17,473%€12,660within the sector's middle half
Equity€444,359within the sector's middle half▲ 38.7%€494,193within the sector's middle half▲ 11.2%€490,907within the sector's middle half▼ 0.7%-€86,578below the sector's middle half-€73,918below the sector's middle half▲ 14.6%
Total assets€1.5mwithin the sector's middle half▲ 20.6%€1.6mwithin the sector's middle half▲ 9.9%€1.5mwithin the sector's middle half▼ 10.3%€1.2mwithin the sector's middle half▼ 15.6%€1.4mwithin the sector's middle half▲ 10.3%
Debt€1.0m▲ 14.2%€1.1m▲ 9.3%€968,351▼ 14.6%€1.3m▲ 36.1%€1.4m▲ 8.6%
Working capital€532,885within the sector's middle half▼ 0.7%€434,128within the sector's middle half▼ 18.5%€325,903within the sector's middle half▼ 24.9%-€174,795below the sector's middle half-€197,822below the sector's middle half▼ 13.2%
Solvency30.0%within the sector's middle half▲ 3.9pp30.4%within the sector's middle half▲ 0.4pp33.6%within the sector's middle half▲ 3.3pp-7.0%below the sector's middle half▼ 40.7pp-5.4%below the sector's middle half▲ 1.6pp
Current ratio1.73within the sector's middle half▼ 0.471.45within the sector's middle half▼ 0.281.41within the sector's middle half▼ 0.040.83below the sector's middle half▼ 0.580.83below the sector's middle half=
Return on assets (ROA)13.4%above the sector's middle half▲ 3.4pp3.1%within the sector's middle half▼ 10.4pp-0.2%below the sector's middle half▼ 3.3pp-46.9%below the sector's middle half▼ 46.7pp0.9%within the sector's middle half▲ 47.8pp
Staff (FTE)12.7within the sector's middle half▲ 5.8%12.6within the sector's middle half▼ 0.8%11.8within the sector's middle half▼ 6.3%10.8within the sector's middle half▼ 8.5%12.8within the sector's middle half▲ 18.5%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €60,560 after a loss of €518,364 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.4m
Fixed assets
€365,083 ▼ 1.5%
Current assets
€992,899 ▲ 15.3%
Equity and liabilities
Equity-€73,918
Debt€1.4m
Equity is negative: debt (€1.4m) exceeds the balance-sheet total (€1.4m).
Key figures and ratios
EBITDA
€108,913▲
2023 · -€468,525
Cash flow
€61,012▲
2023 · -€527,646
Quick ratio
0.51▼
2023 · 0.51
Interest coverage
2.33▲
2023 · -11.77
Debt ≤ 1 year
€1.2m▲
2023 · €1.0m
Debt > 1 year
€241,180▼
2023 · €282,269
Income taxes
€1,065▲
2023 · €968
Staff costs
€656,587▼
2023 · €717,054
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 518 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Small
- 20 years or older
- negative equity
- a profit under 5% of the balance sheet
2.9%
went bankrupt
3.9%
stopped otherwise
92%
still going
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 518 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5,266 | €6,984 | - | - | - |
| Remuneration, social security and pensions62 | - | €622,847 | €539,464 | €717,054 | €656,587 | ▼ 8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,215 | €25,266 | €30,021 | €49,839 | €48,353 | ▼ 3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€146 | €1,427 | €40,330 | - | - |
| Other operating charges640/8 | - | €2,137 | €4,820 | €688 | €4,032 | ▲ 486% |
| Non-recurring operating charges66A | - | €37,500 | €56,556 | €302,139 | - | - |
| Gross operating margin9900 | €978,823 | €772,952 | €626,790 | €591,685 | €769,532 | ▲ 30.1% |
| Operating profit (loss)9901 | €277,031 | €85,350 | -€5,498 | -€518,364 | €60,560 | ▲ 112% |
| Financial income75/76B | - | €3 | €30 | €7 | €0 | ▼ 99.6% |
| Recurring financial income75 | €49 | €3 | €30 | €7 | €0 | ▼ 99.6% |
| Financial charges65/66B | - | €15,033 | €17,189 | €58,161 | €46,835 | ▼ 19.5% |
| Recurring financial charges65 | €5,439 | €15,033 | €17,189 | €39,796 | €46,835 | ▲ 17.7% |
| Non-recurring financial charges66B | - | - | - | €18,365 | - | - |
| Profit (loss) for the period before taxes9903 | €271,641 | €70,319 | -€22,657 | -€576,518 | €13,725 | ▲ 102% |
| Income taxes67/77 | €72,592 | €20,485 | -€19,371 | €968 | €1,065 | ▲ 10.1% |
| Profit (loss) for the period9904 | €199,049 | €49,834 | -€3,286 | -€577,485 | €12,660 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | €199,049 | €49,834 | -€3,286 | -€577,485 | €12,660 | ▲ 102% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €1.6m | €1.5m | €1.2m | €1.4m | ▲ 10.3% |
| Fixed assets21/28 | €218,313 | €232,052 | €336,991 | €370,486 | €365,083 | ▼ 1.5% |
| Intangible fixed assets21 | €12,641 | €39,579 | €143,977 | €113,513 | €122,485 | ▲ 7.9% |
| Tangible fixed assets22/27 | €47,612 | €35,083 | €35,624 | €117,815 | €103,441 | ▼ 12.2% |
| Plant, machinery and equipment23 | - | €9,020 | €4,918 | €1,027 | €587 | ▼ 42.9% |
| Furniture and vehicles24 | - | €2,465 | €955 | €5,401 | €3,617 | ▼ 33.0% |
| Leasing and similar rights25 | - | - | - | €84,638 | €75,488 | ▼ 10.8% |
| Other tangible fixed assets26 | - | €23,598 | €29,750 | €26,750 | €23,750 | ▼ 11.2% |
| Financial fixed assets28 | €158,060 | €157,390 | €157,390 | €139,157 | €139,157 | = |
| Current assets29/58 | €1.3m | €1.4m | €1.1m | €860,991 | €992,899 | ▲ 15.3% |
| Amounts receivable after more than one year29 | - | €319,067 | €319,067 | - | - | - |
| Other amounts receivable291 | - | €319,067 | €319,067 | - | - | - |
| Stocks and contracts in progress3 | €367,586 | €492,946 | €355,278 | €331,700 | €386,170 | ▲ 16.4% |
| Stocks30/36 | - | €492,946 | €355,278 | €331,700 | €386,170 | ▲ 16.4% |
| Amounts receivable within one year40/41 | €425,527 | €468,082 | €367,303 | €503,368 | €561,987 | ▲ 11.6% |
| Trade receivables40 | - | €468,082 | €357,803 | €490,930 | €471,193 | ▼ 4.0% |
| Other amounts receivable41 | - | - | €9,500 | €12,437 | €90,794 | ▲ 630% |
| Cash at bank and in hand54/58 | €145,176 | €111,904 | €22,355 | €19,643 | €28,428 | ▲ 44.7% |
| Deferred charges and accrued income490/1 | - | €3,546 | €58,265 | €6,280 | €16,314 | ▲ 160% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €1.6m | €1.5m | €1.2m | €1.4m | ▲ 10.3% |
| Equity10/15 | €444,359 | €494,193 | €490,907 | -€86,578 | -€73,918 | ▲ 14.6% |
| Contributions10/11 | €353,100 | €353,100 | €353,100 | €353,100 | €353,100 | = |
| Capital10 | - | €353,100 | €353,100 | €353,100 | - | - |
| Issued capital100 | - | €353,100 | €353,100 | €353,100 | - | - |
| Reserves13 | €10,110 | €10,110 | €10,110 | €10,110 | €10,110 | = |
| Non-distributable reserves130/1 | - | €10,110 | €10,110 | €10,110 | €10,110 | = |
| Legal reserve130 | - | €10,110 | €10,110 | €10,110 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €10,110 | - |
| Profit (loss) carried forward14 | €81,149 | €130,983 | €127,697 | -€449,788 | -€437,128 | ▲ 2.8% |
| Amounts payable17/49 | €1.0m | €1.1m | €968,351 | €1.3m | €1.4m | ▲ 8.6% |
| Amounts payable after more than one year17 | €306,839 | €171,987 | €171,987 | €282,269 | €241,180 | ▼ 14.6% |
| Financial debts170/4 | - | - | - | €282,269 | €241,180 | ▼ 14.6% |
| Other amounts payable178/9 | - | €171,987 | €171,987 | - | - | - |
| Amounts payable within one year42/48 | €729,884 | €961,417 | €796,365 | €1.0m | €1.2m | ▲ 15.0% |
| Current portion of amounts payable after more than one year42 | - | €32,533 | €54,513 | €48,994 | €57,359 | ▲ 17.1% |
| Financial debts43 | - | €252,349 | €216,654 | €408,849 | €387,309 | ▼ 5.3% |
| Credit institutions430/8 | - | €252,349 | €216,654 | €408,849 | €387,309 | ▼ 5.3% |
| Trade debts44 | €366,024 | €438,485 | €349,285 | €432,595 | €559,371 | ▲ 29.3% |
| Suppliers440/4 | - | €438,485 | €349,285 | €432,595 | €559,371 | ▲ 29.3% |
| Taxes, remuneration and social security45 | - | €204,060 | €124,159 | €138,109 | €183,463 | ▲ 32.8% |
| Taxes450/3 | - | €134,543 | €44,156 | €50,003 | €52,968 | ▲ 5.9% |
| Remuneration and social security454/9 | - | €69,517 | €80,003 | €88,106 | €130,494 | ▲ 48.1% |
| Other amounts payable47/48 | - | €33,990 | €51,754 | €7,239 | €3,219 | ▼ 55.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €199,049 | €49,834 | -€3,286 | -€577,485 | €12,660 | ▲ 102% |
| + Depreciation and write-downs630 | €28,215 | €25,266 | €30,021 | €49,839 | €48,353 | ▼ 3.0% |
| Operating cash flow (approximation) | €227,263 | €75,100 | €26,735 | -€527,646 | €61,012 | ▲ 112% |
| Investment in fixed assets (approximation) | - | -€39,004 | -€134,961 | -€83,334 | -€42,950 | ▲ 48.5% |
| Change in cash | - | -€33,272 | -€89,550 | -€2,712 | €8,785 | ▲ 424% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
31-12
Financial
Back to profitnet €12,660
Net result €12,660 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€577,485
Net result drops to -€577,485, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €199,049 ▲62%
Operating result €277,031, net result €199,049, both a record.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €122,848
Net result €122,848 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €320,310 ▲62.2%
Equity rises from €197,462 to €320,310.
Show earlier events
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 8 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2021
Ground area
4,000 m²
Building footprint
1,825 m²
Parcel 25099D0012/00H011, Wallonia. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
DISTRIBIO
since 20212.318.500.829
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25099D0012/00H011 | Wallonia | 4,000 m² | 1 · 1,825 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- CORPACOM
- PRO - VERA
- DISTRIBIO
Highest known parent: CORPACOM. The sources do not say who stands above it.
Owners 1
- PRO - VERAparent100%
Holdings 1
-
100%
According to the 2024 annual accounts of DISTRIBIO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNivelles2.318.500.829
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Of 697 companies in this sector we hold annual accounts for 485. 236 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded02-05-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46389Wholesale of other food products
46392Non-specialised wholesale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0431987718
Also
9925:BE0431987718
Registered
28-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.