DISTRIBOR
ActiveSummary
DISTRIBOR has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208,053 and a net result of -€4,840. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 10552 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability16▼-58
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 24.96 against 46.91 in 2024; short-term debt: 3.5% and cash: 22.3% of total assets), and 3.5% of the assets are financed with debt.
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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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
6 d early
2023
22 d late
2022
20 d early
2021
30 d early
2020
3 d late
2019
4 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 1 day before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% 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 25 July (4 of the last 5 filed years within 30 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 2025, abbreviated schema
In the rankings
#4 oldest company in Virton, Wholesale and retail trade sector#10 company by equity in Virton, Wholesale and retail trade sector
Equity
€208,053▼ 2.3%
2024 · €212,893
Total assets
€215,651▼ 0.6%
2024 · €216,919
Net result
-€4,840
2024 · €9,256
Working capital
€182,022▼ 1.5%
2024 · €184,824
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 47, Retail 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€14,736▲ 6.8%€6,520▼ 55.8%€5,083▼ 22.0%€2,992▼ 41.1%-€10,139
Net result€19,810within the sector's middle half▼ 12.0%€10,863within the sector's middle half▼ 45.2%€8,172within the sector's middle half▼ 24.8%€9,256within the sector's middle half▲ 13.3%-€4,840below the sector's middle half
Equity€184,213above the sector's middle half▲ 12.0%€195,076above the sector's middle half▲ 5.9%€203,247above the sector's middle half▲ 4.2%€212,893above the sector's middle half▲ 4.7%€208,053within the sector's middle half▼ 2.3%
Total assets€190,239within the sector's middle half▲ 13.7%€201,589within the sector's middle half▲ 6.0%€216,126within the sector's middle half▲ 7.2%€216,919within the sector's middle half▲ 0.4%€215,651below the sector's middle half▼ 0.6%
Debt€6,026▲ 103%€6,513▲ 8.1%€12,879▲ 97.7%€4,026▼ 68.7%€7,597▲ 88.7%
Working capital€170,509above the sector's middle half▲ 14.3%€169,504above the sector's middle half▼ 0.6%€172,956above the sector's middle half▲ 2.0%€184,824above the sector's middle half▲ 6.9%€182,022within the sector's middle half▼ 1.5%
Solvency96.8%above the sector's middle half▼ 1.4pp96.8%above the sector's middle half▼ 0.1pp94.0%above the sector's middle half▼ 2.7pp98.1%above the sector's middle half▲ 4.1pp96.5%above the sector's middle half▼ 1.7pp
Current ratio34.26above the sector's middle half▼ 37.2227.03above the sector's middle half▼ 7.2414.43above the sector's middle half▼ 12.6046.91above the sector's middle half▲ 32.4824.96above the sector's middle half▼ 21.95
Return on assets (ROA)10.4%within the sector's middle half▼ 3.0pp5.4%within the sector's middle half▼ 5.0pp3.8%within the sector's middle half▼ 1.6pp4.3%within the sector's middle half▲ 0.5pp-2.2%below the sector's middle half▼ 6.5pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10,139 after €2,992 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215,651
Fixed assets
€26,031 ▼ 7.3%
Current assets
€189,619 ▲ 0.4%
Equity and liabilities €215,651
Equity
€208,053 ▼ 2.3%
Debt
€7,597 ▲ 88.7%
Debt's share of the balance-sheet total rises from 1.9% to 3.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€8,102▼
2024 · €5,214
Cash flow
-€2,802▼
2024 · €11,478
Debt to equity
0.04▲
2024 · 0.02
ROE
-2.3%▼
2024 · 4.3%
Interest coverage
-213.20▼
2024 · 169.12
Debt ≤ 1 year
€7,597▲
2024 · €4,026
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
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 12,321 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,984 | €1,493 | €1,783 | €2,222 | €2,038 | ▼ 8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €5,211 | €5,328 | €5,843 | €6,062 | €6,582 | ▲ 8.6% |
| Non-recurring operating charges66A | - | - | €362 | €0 | - | - |
| Gross operating margin9900 | €22,930 | €13,342 | €13,071 | €11,276 | -€1,520 | ▼ 113% |
| Operating profit (loss)9901 | €14,736 | €6,520 | €5,083 | €2,992 | -€10,139 | ▼ 439% |
| Financial income75/76B | €5,098 | €4,370 | €3,114 | €6,295 | €5,338 | ▼ 15.2% |
| Recurring financial income75 | €5,098 | €4,370 | €3,114 | €6,295 | €5,338 | ▼ 15.2% |
| Financial charges65/66B | €23 | €28 | €25 | €31 | €38 | ▲ 23.3% |
| Recurring financial charges65 | €23 | €28 | €25 | €31 | €38 | ▲ 23.3% |
| Profit (loss) for the period before taxes9903 | €19,810 | €10,863 | €8,172 | €9,256 | -€4,840 | ▼ 152% |
| Profit (loss) for the period9904 | €19,810 | €10,863 | €8,172 | €9,256 | -€4,840 | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | €19,810 | €10,863 | €8,172 | €9,256 | -€4,840 | ▼ 152% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190,239 | €201,589 | €216,126 | €216,919 | €215,651 | ▼ 0.6% |
| Fixed assets21/28 | €14,604 | €25,572 | €30,291 | €28,069 | €26,031 | ▼ 7.3% |
| Tangible fixed assets22/27 | €14,604 | €25,572 | €30,291 | €28,069 | €26,031 | ▼ 7.3% |
| Land and buildings22 | €13,130 | €24,412 | €29,445 | €27,444 | €25,443 | ▼ 7.3% |
| Plant, machinery and equipment23 | €735 | €699 | €662 | €625 | €588 | ▼ 5.9% |
| Furniture and vehicles24 | €739 | €462 | €185 | €0 | - | - |
| Current assets29/58 | €175,635 | €176,017 | €185,835 | €188,850 | €189,619 | ▲ 0.4% |
| Amounts receivable after more than one year29 | €17,787 | €4,558 | €4,558 | €0 | - | - |
| Other amounts receivable291 | €17,787 | €4,558 | €4,558 | €0 | - | - |
| Amounts receivable within one year40/41 | €66,354 | €61,000 | €49,963 | €49,643 | €141,605 | ▲ 185% |
| Trade receivables40 | - | - | €104 | €0 | €5,782 | - |
| Other amounts receivable41 | €66,354 | €61,000 | €49,859 | €49,643 | €135,823 | ▲ 174% |
| Current investments50/53 | - | - | - | €0 | - | - |
| Cash at bank and in hand54/58 | €88,241 | €107,320 | €128,789 | €139,207 | €48,015 | ▼ 65.5% |
| Deferred charges and accrued income490/1 | €3,253 | €3,138 | €2,525 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190,239 | €201,589 | €216,126 | €216,919 | €215,651 | ▼ 0.6% |
| Equity10/15 | €184,213 | €195,076 | €203,247 | €212,893 | €208,053 | ▼ 2.3% |
| Contributions10/11 | €724,500 | €724,500 | €724,500 | €724,500 | €724,500 | = |
| Capital10 | €724,500 | €724,500 | €724,500 | €724,500 | €724,500 | = |
| Issued capital100 | €724,500 | €724,500 | €724,500 | €724,500 | €724,500 | = |
| Profit (loss) carried forward14 | -€540,287 | -€529,424 | -€521,253 | -€511,607 | -€516,447 | ▼ 0.9% |
| Amounts payable17/49 | €6,026 | €6,513 | €12,879 | €4,026 | €7,597 | ▲ 88.7% |
| Amounts payable within one year42/48 | €5,126 | €6,513 | €12,879 | €4,026 | €7,597 | ▲ 88.7% |
| Trade debts44 | €1,955 | €1,613 | €7,980 | €227 | €4,903 | ▲ 2,059% |
| Suppliers440/4 | €1,955 | €1,613 | €7,980 | €227 | €4,903 | ▲ 2,059% |
| Advances received on contracts in progress46 | - | - | - | €1,300 | €900 | ▼ 30.8% |
| Taxes, remuneration and social security45 | - | €1,729 | €1,728 | €1,728 | €1,794 | ▲ 3.8% |
| Taxes450/3 | - | €1,729 | €1,728 | €1,728 | €1,794 | ▲ 3.8% |
| Other amounts payable47/48 | €3,171 | €3,171 | €3,171 | €771 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €900 | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,810 | €10,863 | €8,172 | €9,256 | -€4,840 | ▼ 152% |
| + Depreciation and write-downs630 | €2,984 | €1,493 | €1,783 | €2,222 | €2,038 | ▼ 8.3% |
| Operating cash flow (approximation) | €22,794 | €12,356 | €9,954 | €11,478 | -€2,802 | ▼ 124% |
| Investment in fixed assets (approximation) | - | -€12,461 | -€6,502 | €0 | €0 | - |
| Change in cash | - | €19,079 | €21,469 | €10,418 | -€91,192 | ▼ 975% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet -€4,840
Net result drops to -€4,840, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 46.91
Current ratio from 14.43 to 46.91; short-term debt falls from €12,879 to €4,026.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Equity above €200,000Eq €203,247 ▲4.2%
6 profitable years in a row build equity to €203,247.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial
Highest result since 2018net €22,510 ▲151%
Net result €22,510, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 71.49
Current ratio from 26.20 to 71.49; short-term debt falls from €4,881 to €2,117.
31-12
Financial
Equity above €150,000Eq €164,402 ▲15.9%
3 profitable years in a row build equity to €164,402.
Show earlier events
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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 9 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Virton · 2 establishment units since 1983
Ground area
958 m²
Building footprint
245 m²
Volume, LiDAR
1,804 m³
2 parcels, Wallonia · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Place du Marché 13, 6870 Saint-Hubert
since 19832.024.244.302
Faubourg-d'Arival 32 3, 6760 Virton
since 19882.024.244.203
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84059A0515/00B000 | Wallonia | 798 m² | 1 · 122 m² | 17.5 m · 5 fl. |
| 85045B0683/00L000 | Wallonia | 160 m² | 1 · 123 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500C61D05B37A8851
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Of 10,504 companies in this sector we hold annual accounts for 5,855. 4,186 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded30-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID
0208:0425483570
Also
9925:BE0425483570
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.