DISTRIBUTIECENTRUM
ActiveDISTRIBUTIECENTRUM has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12.75M and a net result of €51k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 68% of 9095 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-22
Solvency95▲+3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.1M at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.66 in 2024), and 46.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.4%
Return on assets
0.2%
Age of the figures
8 mo
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
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
21 d early
2023
30 d late
2022
13 d early
2021
3 d early
2020
5 d early
2019
2 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€12.75M▲ 0.4%
2024 · €12.70M
2018: €10.11M
2019: €10.23M
2020: €10.30M
2021: €10.62M
2022: €11.25M
2023: €12.03M
2024: €12.70M
2018 → 2025
Total assets
€23.88M▲ 42.2%
2024 · €16.80M
2018: €14.35M
2019: €13.46M
2020: €12.47M
2021: €12.33M
2022: €13.73M
2023: €14.42M
2024: €16.80M
2018 → 2025
Net result
€51k▼ 91.6%
2024 · €608k
2018: €3.38M
2019: €48k
2020: €12k
2021: €251k
2022: €562k
2023: €714k
2024: €608k
2018 → 2025
Working capital
€2.32M▲ 69.2%
2024 · €1.37M
2018: €421k
2019: €76k
2020: €413k
2021: €955k
2022: €2.47M
2023: €3.26M
2024: €1.37M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10.62M-€11.25M▲ 5.9%€12.03M▲ 6.9%€12.70M▲ 5.6%€12.75M▲ 0.4%
Operating result€388k-€821k▲ 112%€1.00M▲ 22.3%€858k▼ 14.6%€269k▼ 68.6%
Net result€251k-€562k▲ 124%€714k▲ 27.0%€608k▼ 14.9%€51k▼ 91.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23.88M
Fixed assets
€19.09M▲ 43.2%
Current assets
€4.79M▲ 38.2%
Equity and liabilities €23.88M
Equity
€12.75M▲ 0.4%
Debt
€11.13M▲ 172%
The debt ratio rises from 24.4% to 46.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.26M▲
2024 · €1.13M
Cash flow
€1.04M▲
2024 · €879k
Solvency
53.4%▼
2024 · 75.6%
Current ratio
1.94▲
2024 · 1.66
Quick ratio
1.94▲
2024 · 1.66
Debt / equity
0.87▲
2024 · 0.32
ROE
0.4%▼
2024 · 4.8%
ROA
0.2%▼
2024 · 3.6%
Interest coverage
6.11▼
2024 · 20.02
Debt
€11.13M▲
2024 · €4.09M
Debt ≤ 1 year
€2.46M▲
2024 · €2.09M
Debt > 1 year
€8.53M▲
2024 · €1.88M
Income taxes
€21k▼
2024 · €205k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€16.80M€23.88M▲
Fixed assets21/28€13.33M€19.09M▲
Tangible fixed assets22/27€4.91M€10.67M▲
Land and buildings22€3.57M€9.95M▲
Leasing and similar rights25€808k€721k▼
Assets under construction and advance payments27€532k-
Financial fixed assets28€8.43M€8.43M=
Current assets29/58€3.46M€4.79M▲
Amounts receivable after more than one year29€321k€307k▼
Other amounts receivable291€321k€307k▼
Amounts receivable within one year40/41€3.01M€4.16M▲
Trade receivables40€270k€266k▼
Other amounts receivable41€2.74M€3.90M▲
Cash at bank and in hand54/58€130k€220k▲
Deferred charges and accrued income490/1-€94k
Equity and liabilities
Total equity and liabilities10/49€16.80M€23.88M▲
Equity10/15€12.70M€12.75M▲
Contributions10/11€75k€75k=
Revaluation surpluses12€858k€858k=
Reserves13€462k€462k=
Distributable reserves133€462k€462k=
Profit (loss) carried forward14€11.31M€11.36M▲
Amounts payable17/49€4.09M€11.13M▲
Amounts payable after more than one year17€1.88M€8.53M▲
Financial debts170/4€1.74M€8.28M▲
Other amounts payable178/9€141k€252k▲
Amounts payable within one year42/48€2.09M€2.46M▲
Current portion of amounts payable after more than one year42€331k€814k▲
Trade debts44€31k€127k▲
Suppliers440/4€31k€127k▲
Taxes, remuneration and social security45€178k€21k▼
Taxes450/3€178k€21k▼
Other amounts payable47/48€1.55M€1.50M▼
Accrued charges and deferred income492/3€124k€132k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€271k€986k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k€14k▲
Other operating charges640/8€81k€90k▲
Gross operating margin9900€1.22M€1.36M▲
Operating profit (loss)9901€858k€269k▼
Financial income75/76B€12k€8k▼
Recurring financial income75€12k€8k▼
Financial charges65/66B€56k€205k▲
Recurring financial charges65€56k€205k▲
Profit (loss) for the period before taxes9903€813k€72k▼
Income taxes67/77€205k€21k▼
Profit (loss) for the period9904€608k€51k▼
Profit (loss) for the period to be appropriated9905€608k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11.31M€11.36M▲
Profit (loss) brought forward from the previous period14P€10.70M€11.31M▲
The notes to these accounts (11 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 3.51
Current ratio from 1.54 to 3.51; short-term debt falls from €766k to €381k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €12k ▼74.7%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Waasmunster · 1 establishment unit since 2004
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.
Fazantenlaan 179250 WaasmunsterGround area
1.3 ha
Building footprint
923 m²
Volume, LiDAR
7,132 m³
Parcel 42023A1078/00G000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DISTRIBUTIECENTRUM
since 20042.138.041.039
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42023A1078/00G000 | Flanders | 1.3 ha | 1 · 923 m² | 13.6 m · 3 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.
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 1,622 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2004
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.