DISTRINOX
InactiveDISTRINOX was declared bankrupt on 22-08-2023 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 12-06-2025, published in the Belgian State Gazette on 18-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-05-2022, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
88 d early
2020
25 d late
2019
105 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€23k
2020 · €-435k
2018: €-185k
2019: €93k
2020: €-435k
2018 → 2021
Working capital
€-188k▼ 77.5%
2020 · €-106k
2018: €322k
2019: €376k
2020: €-106k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€713k-€806k▲ 13.1%€371k▼ 54.0%€394k▲ 6.3%
Operating result€-161k-€127k€-390k€75k
Net result€-185k-€93k€-435k€23k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €75k after a loss of €390k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €3.71M
Fixed assets
€1.02M ▲ 32.5%
Current assets
€2.69M ▼ 0.8%
Equity and liabilities €3.71M
Equity
€394k ▲ 6.3%
Debt
€3.32M ▲ 6.6%
Debt's share of the balance-sheet total stays at 89.4%.
Key figures and ratios
EBITDA
€364k▲
2020 · €-165k
Cash flow
€312k▲
2020 · €-211k
Current ratio
0.93▼
2020 · 0.96
Quick ratio
0.51▼
2020 · 0.68
Debt to equity
8.42▲
2020 · 0.66
ROE
5.9%▲
2020 · -117.5%
ROA
0.6%▲
2020 · -12.5%
Interest coverage
6.01
Debt ≤ 1 year
€2.88M▲
2020 · €2.82M
Debt > 1 year
€435k▲
2020 · €243k
Income taxes
€2k▲
2020 · €2k
Staff costs
€1.86M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 60 lines
Balance sheet
Code20202021
Assets
Total assets20/58€3.48M€3.71M▲
Fixed assets21/28€767k€1.02M▲
Intangible fixed assets21€224k€174k▼
Tangible fixed assets22/27€502k€807k▲
Land and buildings22-€75k
Plant, machinery and equipment23-€119k
Furniture and vehicles24-€52k
Leasing and similar rights25-€137k
Assets under construction and advance payments27-€424k
Financial fixed assets28€41k€36k▼
Current assets29/58€2.72M€2.69M▼
Stocks and contracts in progress3€785k€1.23M▲
Stocks30/36-€1.16M
Contracts in progress37-€70k
Amounts receivable within one year40/41€1.47M€1.11M▼
Trade receivables40-€1.11M
Other amounts receivable41-€5k
Cash at bank and in hand54/58€350k€293k▼
Deferred charges and accrued income490/1-€59k
Equity and liabilities
Total equity and liabilities10/49€3.48M€3.71M▲
Equity10/15€371k€394k▲
Contributions10/11-€250k
Reserves13€702k€702k=
Non-distributable reserves130/1-€25k
Reserves not available under the articles1311-€25k
Tax-exempt reserves132-€2k
Distributable reserves133-€675k
Profit (loss) carried forward14€-582k€-558k▲
Amounts payable17/49€3.11M€3.32M▲
Amounts payable after more than one year17€243k€435k▲
Financial debts170/4-€417k
Other amounts payable178/9-€18k
Amounts payable within one year42/48€2.82M€2.88M▲
Current portion of amounts payable after more than one year42-€150k
Financial debts43-€1.51M
Credit institutions430/8-€1.51M
Trade debts44€788k€903k▲
Suppliers440/4-€903k
Taxes, remuneration and social security45-€321k
Taxes450/3-€43k
Remuneration and social security454/9-€279k
Income statement
Code20202021
Remuneration, social security and pensions62-€1.86M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€225k€288k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-45k
Other operating charges640/8-€19k
Non-recurring operating charges66A-€9k
Gross operating margin9900€1.77M€2.20M▲
Operating profit (loss)9901€-390k€75k▲
Financial income75/76B-€11k
Recurring financial income75€14k€8k▼
Non-recurring financial income76B-€3k
Financial charges65/66B-€61k
Recurring financial charges65€58k€61k▲
Profit (loss) for the period before taxes9903€-433k€26k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€-435k€23k▲
Profit (loss) for the period to be appropriated9905€-435k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-558k
Profit (loss) brought forward from the previous period14P-€-582k
Social balance
Average headcount (FTE)9087-34.7
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · DISTRINOX SRL AVENUE ZENOBE GRAMME 34, 1300 WAVRE. déclarée le 22 août 2023 · event 12-06-2025
2023
28-08
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · DISTRINOX SRL AVENUE ZENOBE GRAMME 34, 1300 WAVRE · event 22-08-2023
2022
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €-435k ▼567%
Net result drops to €-435k, the lowest in the series.
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €93k
Net result €93k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Show earlier events
2015
06-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
19-05
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
07-05
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTOINE BRAUN VIEUX CHEMIN DU POETE 11,
1301 BIERGES |
22-08-2023 → 12-06-2025 |
Recognitions · licences · registrations
Legal Entity Identifier
984500C89B7K39T43658