DISTRILIN
ActiveDISTRILIN has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €411k and a net result of €750. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 55% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-17
Solvency74▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 7.63 against 54.14 in 2024; short-term debt: 12.9% and cash: 47.5% of total assets), but 50.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
49.2%
Return on assets
0.1%
Age of the figures
12 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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
49 d late
2023
28 d early
2022
5 d early
2021
26 d early
2020
87 d early
2019
138 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€411k▲ 0.2%
2024 · €411k
2018: €303k
2019: €310k
2020: €310k
2021: €326k
2022: €370k
2023: €388k
2024: €411k
2018 → 2025
Total assets
€836k▲ 15.5%
2024 · €724k
2018: €523k
2019: €532k
2020: €645k
2021: €746k
2022: €741k
2023: €732k
2024: €724k
2018 → 2025
Net result
€750▼ 96.6%
2024 · €22k
2018: €3k
2019: €6k
2020: €769
2021: €15k
2022: €44k
2023: €19k
2024: €22k
2018 → 2025
Working capital
€715k▲ 3.6%
2024 · €690k
2018: €305k
2019: €320k
2020: €623k
2021: €626k
2022: €670k
2023: €678k
2024: €690k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€326k-€370k▲ 13.5%€388k▲ 5.0%€411k▲ 5.7%€411k▲ 0.2%
Operating result€31k-€66k▲ 110%€33k▼ 50.3%€30k▼ 8.8%€6k▼ 80.2%
Net result€15k-€44k▲ 187%€19k▼ 57.7%€22k▲ 19.7%€750▼ 96.6%
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 has fallen three years in a row; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €836k
Fixed assets
€14k▼ 34.2%
Current assets
€822k▲ 17.0%
Equity and liabilities €836k
Equity
€411k▲ 0.2%
Debt
€425k▲ 35.6%
The debt ratio rises from 43.3% to 50.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▼
2024 · €37k
Cash flow
€8k▼
2024 · €30k
Solvency
49.2%▼
2024 · 56.7%
Current ratio
7.63▼
2024 · 54.14
Quick ratio
6.61▼
2024 · 49.10
Debt / equity
1.03▲
2024 · 0.76
ROE
0.2%▼
2024 · 5.4%
ROA
0.1%▼
2024 · 3.1%
Interest coverage
0.67▼
2024 · 2.19
Debt
€425k▲
2024 · €314k
Debt ≤ 1 year
€108k▲
2024 · €13k
Debt > 1 year
€300k=
2024 · €300k
Income taxes
€513▼
2024 · €8k
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€724k€836k▲
Fixed assets21/28€21k€14k▼
Tangible fixed assets22/27€21k€14k▼
Furniture and vehicles24€21k€14k▼
Current assets29/58€703k€822k▲
Stocks and contracts in progress3€65k€110k▲
Stocks30/36€65k€110k▲
Amounts receivable within one year40/41€272k€315k▲
Trade receivables40€16k€29k▲
Other amounts receivable41€256k€287k▲
Cash at bank and in hand54/58€366k€397k▲
Equity and liabilities
Total equity and liabilities10/49€724k€836k▲
Equity10/15€411k€411k▲
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Reserves13€211k€211k▲
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Distributable reserves133€191k€191k▲
Amounts payable17/49€314k€425k▲
Amounts payable after more than one year17€300k€300k=
Other amounts payable178/9€300k€300k=
Amounts payable within one year42/48€13k€108k▲
Trade debts44€7k€17k▲
Suppliers440/4€7k€17k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€6k€4k▼
Other amounts payable47/48-€87k
Accrued charges and deferred income492/3€528€17k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€214€134▼
Gross operating margin9900€38k€13k▼
Operating profit (loss)9901€30k€6k▼
Financial income75/76B€17k€15k▼
Recurring financial income75€17k€15k▼
Financial charges65/66B€17k€20k▲
Recurring financial charges65€17k€20k▲
Profit (loss) for the period before taxes9903€30k€1k▼
Income taxes67/77€8k€513▼
Profit (loss) for the period9904€22k€750▼
Profit (loss) for the period to be appropriated9905€22k€750▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€750▼
Transfer to equity691/2€22k€750▼
To other reserves6921€22k€750▼
The notes to these accounts (4 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €750 ▼96.6%
Net result drops to €750, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 49 days late
2024
30-09
Financial
Liquidity doublescurrent ratio 54.14
Current ratio from 26.35 to 54.14; short-term debt falls from €27k to €13k.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity triplescurrent ratio 26.35
Current ratio from 10.42 to 26.35; short-term debt falls from €71k to €27k.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €44k ▲187%
Operating result €66k, net result €44k, both a record.
04-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity times 12current ratio 29.90
Current ratio from 2.51 to 29.90; short-term debt falls from €212k to €22k.
2019
14-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
19-01
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
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-02-2021
Resigned as Director
Location & real-estate footprint
Registered office, Kuurne · 1 establishment unit since 1975
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.
Industrielaan 328520 KuurneGround area
2,546 m²
Building footprint
2,063 m²
Volume, LiDAR
14,256 m³
Parcel 34023A0392/00X000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industrielaan 32, 8520 Kuurne
since 19752.011.167.118
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023A0392/00X000 | Flanders | 2,546 m² | 1 · 2,063 m² | 8.8 m · 2 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.
Similar companies · same sector, comparable size
INDUSTRIAL BOX PRODUCTS
BE 0465.693.634
Ath · Eq €412k
POLYDUR PRODUCTS
BE 0824.958.967
Zedelgem · Eq €414k
GIUMATIS
BE 0666.987.242
Malle · Eq €408k
VERPAKKINGEN BEELEN
BE 0869.728.130
Geetbets · Eq €402k
V.S.T. Paper and Board
BE 0461.535.601
Dilbeek · Eq €401k
Of 432 companies in sector 46869 we hold annual accounts for 244. 174 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-07-1975
Fiscal year end30-09
Activities, NACEBEL
46869Wholesale trade
51562
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.