DISTRIKOR
ActiveSummary
DISTRIKOR has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €243,276. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 10552 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+3
Solvency74▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €160,000 at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.18 in 2024; short-term debt: 31.2% and cash: 18% of total assets), but 50.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 →
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
49.3%
Return on assets
5.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 03-11-2025, 64 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
2026
not confirmed
2025
64 d late
2024
27 d late
2023
61 d late
2022
30 d late
2021
61 d late
2020
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 56 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 employer in Kortenberg, Wholesale and retail trade sector#8 company by total assets in Kortenberg, Wholesale and retail trade sector#8 company by equity in Kortenberg, Wholesale and retail trade sector
Equity
€2.2m=
2024 · €2.2m
Total assets
€4.4m▼ 4.5%
2024 · €4.6m
Net result
€243,276▲ 61.4%
2024 · €150,765
Working capital
€1.7m▲ 2.6%
2024 · €1.7m
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 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), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€362,442▼ 7.4%€181,178▼ 50.0%€165,967▼ 8.4%€187,433▲ 12.9%€375,150▲ 100%
Net result€255,733above the sector's middle half▲ 0.3%€129,308above the sector's middle half▼ 49.4%€130,609above the sector's middle half▲ 1.0%€150,765above the sector's middle half▲ 15.4%€243,276above the sector's middle half▲ 61.4%
Equity€3.5mabove the sector's middle half▲ 7.9%€3.6mabove the sector's middle half▲ 3.7%€2.4mabove the sector's middle half▼ 34.0%€2.2mabove the sector's middle half▼ 9.2%€2.2mabove the sector's middle half=
Total assets€4.4mabove the sector's middle half▲ 5.5%€6.4mabove the sector's middle half▲ 44.1%€5.2mabove the sector's middle half▼ 18.2%€4.6mabove the sector's middle half▼ 11.5%€4.4mabove the sector's middle half▼ 4.5%
Debt€931,116▼ 2.4%€2.8m▲ 196%€2.8m▲ 2.8%€2.5m▼ 13.4%€2.2m▼ 8.6%
Working capital€3.4mabove the sector's middle half▲ 7.2%€3.1mabove the sector's middle half▼ 8.7%€1.9mabove the sector's middle half▼ 39.4%€1.7mabove the sector's middle half▼ 9.0%€1.7mabove the sector's middle half▲ 2.6%
Solvency79.0%above the sector's middle half▲ 1.7pp56.8%within the sector's middle half▼ 22.2pp45.8%within the sector's middle half▼ 11.0pp47.0%within the sector's middle half▲ 1.2pp49.3%within the sector's middle half▲ 2.3pp
Current ratio4.64above the sector's middle half▲ 0.333.13above the sector's middle half▼ 1.512.12within the sector's middle half▼ 1.012.18within the sector's middle half▲ 0.062.27within the sector's middle half▲ 0.09
Return on assets (ROA)5.8%within the sector's middle half▼ 0.3pp2.0%within the sector's middle half▼ 3.7pp2.5%within the sector's middle half▲ 0.5pp3.3%within the sector's middle half▲ 0.8pp5.5%within the sector's middle half▲ 2.2pp
Staff (FTE)17.4above the sector's middle half▲ 13.0%16.4above the sector's middle half▼ 5.7%16.1above the sector's middle half▼ 1.8%15.3above the sector's middle half▼ 5.0%13.9above the sector's middle half▼ 9.2%
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 schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.4m
Fixed assets
€1.3m ▼ 12.9%
Current assets
€3.1m ▼ 0.6%
Equity and liabilities €4.4m
Equity
€2.2m =
Debt
€2.2m ▼ 8.6%
Debt's share of the balance-sheet total falls from 53.0% to 50.7%. Debt is lower.
Key figures and ratios
EBITDA
€578,770▲
2024 · €393,775
Cash flow
€446,897▲
2024 · €357,108
Quick ratio
1.73▼
2024 · 1.77
Debt to equity
1.03▼
2024 · 1.13
ROE
11.2%▲
2024 · 6.9%
Interest coverage
24.20▲
2024 · 23.66
Debt ≤ 1 year
€1.4m▼
2024 · €1.4m
Debt > 1 year
€865,850▼
2024 · €1.0m
Income taxes
€120,059▲
2024 · €34,136
Staff costs
€643,613▼
2024 · €663,952
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,340 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 20,134 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €637,192 | €726,516 | €663,952 | €643,613 | ▼ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,771 | €60,382 | €205,572 | €206,342 | €203,621 | ▼ 1.3% |
| Other operating charges640/8 | - | €11,428 | €4,804 | €9,664 | €8,815 | ▼ 8.8% |
| Non-recurring operating charges66A | - | €33,967 | €0 | - | - | - |
| Gross operating margin9900 | €1.1m | €924,147 | €1.1m | €1.1m | €1.2m | ▲ 15.3% |
| Operating profit (loss)9901 | €362,442 | €181,178 | €165,967 | €187,433 | €375,150 | ▲ 100% |
| Financial income75/76B | - | €7,646 | €11,737 | €14,090 | €12,097 | ▼ 14.1% |
| Recurring financial income75 | €11,757 | €7,646 | €11,737 | €14,090 | €12,097 | ▼ 14.1% |
| Financial charges65/66B | - | €19,751 | €34,199 | €16,641 | €23,911 | ▲ 43.7% |
| Recurring financial charges65 | €9,086 | €19,751 | €34,199 | €16,641 | €23,911 | ▲ 43.7% |
| Profit (loss) for the period before taxes9903 | €365,114 | €169,073 | €143,505 | €184,882 | €363,335 | ▲ 96.5% |
| Transfer from deferred taxes780 | - | €658 | €658 | €19 | €0 | ▼ 100% |
| Income taxes67/77 | €110,160 | €40,423 | €13,554 | €34,136 | €120,059 | ▲ 252% |
| Profit (loss) for the period9904 | €255,733 | €129,308 | €130,609 | €150,765 | €243,276 | ▲ 61.4% |
| Transfer from tax-exempt reserves789 | - | €169,787 | €1,975 | €57 | €0 | ▼ 100% |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €252,141 | €299,095 | €132,585 | €150,822 | €243,276 | ▲ 61.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.4m | €6.4m | €5.2m | €4.6m | €4.4m | ▼ 4.5% |
| Fixed assets21/28 | €126,574 | €1.9m | €1.7m | €1.5m | €1.3m | ▼ 12.9% |
| Tangible fixed assets22/27 | €126,318 | €1.9m | €1.7m | €1.5m | €1.3m | ▼ 12.9% |
| Land and buildings22 | - | €4,356 | €231,069 | €202,384 | €175,702 | ▼ 13.2% |
| Plant, machinery and equipment23 | - | €1.6m | €1.4m | €1.3m | €1.1m | ▼ 12.1% |
| Furniture and vehicles24 | - | €35,759 | €24,119 | €12,479 | €1,185 | ▼ 90.5% |
| Other tangible fixed assets26 | - | €255,398 | - | - | - | - |
| Financial fixed assets28 | €256 | €256 | €256 | €256 | €256 | = |
| Current assets29/58 | €4.3m | €4.5m | €3.5m | €3.1m | €3.1m | ▼ 0.6% |
| Stocks and contracts in progress3 | €461,848 | €447,891 | €623,755 | €589,370 | €746,750 | ▲ 26.7% |
| Stocks30/36 | - | €447,891 | €623,755 | €589,370 | €746,750 | ▲ 26.7% |
| Amounts receivable within one year40/41 | €349,988 | €414,701 | €440,999 | €442,140 | €660,355 | ▲ 49.4% |
| Trade receivables40 | - | €56,584 | €79,597 | €143,954 | €115,687 | ▼ 19.6% |
| Other amounts receivable41 | - | €358,117 | €361,402 | €298,186 | €544,667 | ▲ 82.7% |
| Current investments50/53 | €27,439 | €29,973 | €38,196 | €6,155 | €904,406 | ▲ 14,593% |
| Cash at bank and in hand54/58 | €3.5m | €3.6m | €2.3m | €2.1m | €794,124 | ▼ 62.0% |
| Deferred charges and accrued income490/1 | - | €24,518 | €135,010 | €19,406 | €19,773 | ▲ 1.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.4m | €6.4m | €5.2m | €4.6m | €4.4m | ▼ 4.5% |
| Equity10/15 | €3.5m | €3.6m | €2.4m | €2.2m | €2.2m | = |
| Contributions10/11 | €1.2m | €1.2m | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €1.2m | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €1.2m | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €2.3m | €2.5m | €2.3m | €2.1m | €2.1m | = |
| Non-distributable reserves130/1 | - | €117,350 | €117,350 | €117,350 | €117,350 | = |
| Legal reserve130 | - | €117,350 | €117,350 | €117,350 | €117,350 | = |
| Tax-exempt reserves132 | - | €2,032 | €57 | €0 | - | - |
| Distributable reserves133 | - | €2.3m | €2.2m | €2.0m | €2.0m | = |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €1,581 | €677 | €19 | €0 | - | - |
| Deferred taxes168 | - | €677 | €19 | €0 | - | - |
| Amounts payable17/49 | €931,116 | €2.8m | €2.8m | €2.5m | €2.2m | ▼ 8.6% |
| Amounts payable after more than one year17 | - | €1.3m | €1.2m | €1.0m | €865,850 | ▼ 14.6% |
| Financial debts170/4 | - | €1.3m | €1.2m | €1.0m | €865,850 | ▼ 14.6% |
| Amounts payable within one year42/48 | €930,411 | €1.5m | €1.7m | €1.4m | €1.4m | ▼ 4.4% |
| Current portion of amounts payable after more than one year42 | - | €144,672 | €145,924 | €147,159 | €148,460 | ▲ 0.9% |
| Trade debts44 | €727,055 | €1.2m | €1.3m | €1.1m | €1.0m | ▼ 4.6% |
| Suppliers440/4 | - | €1.2m | €1.3m | €1.1m | €1.0m | ▼ 4.6% |
| Advances received on contracts in progress46 | - | - | - | €41,177 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €128,070 | €172,401 | €141,748 | €188,897 | ▲ 33.3% |
| Taxes450/3 | - | €32,665 | €45,119 | €23,812 | €73,403 | ▲ 208% |
| Remuneration and social security454/9 | - | €95,405 | €127,282 | €117,937 | €115,494 | ▼ 2.1% |
| Other amounts payable47/48 | - | €17,968 | €85,720 | €20,084 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €1,333 | €3,819 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €255,733 | €129,308 | €130,609 | €150,765 | €243,276 | ▲ 61.4% |
| + Depreciation and write-downs630 | €60,771 | €60,382 | €205,572 | €206,342 | €203,621 | ▼ 1.3% |
| Operating cash flow (approximation) | €316,505 | €189,690 | €336,181 | €357,108 | €446,897 | ▲ 25.1% |
| Investment in fixed assets (approximation) | - | -€1.8m | -€40,946 | -€2,457 | -€11,898 | ▼ 384% |
| Change in cash | - | €167,768 | -€1.3m | -€217,068 | -€1.3m | ▼ 496% |
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
2025
03-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 64 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
31-01
Financial
Weakest financial yearnet €129,308 ▼49.4%
Net result drops to €129,308, the lowest in the series; recovery starts the following year.
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
31-01
Financial
Highest result since 2019net €255,733 ▲0.3%
Net result €255,733, the highest in the series.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 91 days late
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 44 days late
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 38 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Kortenberg · 1 establishment unit since 1971
Ground area
5,608 m²
Building footprint
2,114 m²
Volume, LiDAR
8,919 m³
Parcel 24055B0157/00L002, Flanders · tallest building 19.3 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Stationstraat 18, 3070 Kortenberg
since 19712.005.988.209
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24055B0157/00L002 | Flanders | 5,608 m² | 1 · 2,114 m² | 19.3 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,313 EUR awarded · 1,313 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,313 EUR | 1,313 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyKortenberg2.005.988.209
Legal Entity Identifier
875500YFNT3WEHRRJP39
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Of 10,509 companies in sector 47110 we hold annual accounts for 5,853. 1,428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-01
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0401356504
Registered
27-03-2026
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.