Checked.be · Company dossierhttps://checked.be/en/c/distritoit-0431151340 · as of 05-11-2026
DISTRITOIT
Absorbed by GROUP DEFRANCQ
Public limited companyKBO/BCE: BE 0431.151.340
Absorbed by GROUP DEFRANCQ in May 2026. The last annual accounts are for financial year 2025. The company was dissolved and wound up in a single deed on 07-07-2026.
Absorbed by GROUP DEFRANCQmerger by absorption, May 2026
Legal form
Public limited company
Activity
“Produire et distribuer, tant en Belgique qu’à l’étranger, toutes sortes de matériaux de construction…” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
Joint committees
124Paritair Comité voor het bouwbedrijf
200Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
2025 annual accounts filed 31 days after the deadlineFiled on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00505470.
The EBIT margin is the share of each euro of revenue left from ordinary operations. The higher it is, the more room the company has to absorb a setback.
The net result is what is left after all costs and taxes. One loss year is not an alarm on its own. After several loss years in a row, it pays to find out why.
Working capital is what is left when the company pays its short-term debts with its short-term assets. Positive means it can pay its bills in the short term.
Working capital€0.4m-€0.4m▲ 6.6%€0.5m▲ 16.5%€0.6m▲ 19.2%€0.7m▲ 26.1%€0.9m▲ 15.8%€1.0m▲ 11.6%€0.9m▼ 11.7%
Staff (FTE)2-2=2=2=2=1.9▼ 5.0%1.2▼ 36.8%3▲ 150%
The operating result for 2025 is 53% higher than in 2024 and the highest since 2018. It is the sixth rise in a row, after the fall in 2019.
Large changes and their cause
2025Net result +91% on 2024.The accounts now follow the full format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.5m
26.0%
74.0%
Fixed assets€400,905 ▲ 41.1%
Current assets€1.1m ▼ 20.7%
Equity and liabilities €1.5m
81.3%
18.7%
Equity€1.3m ▲ 8.6%
Debt€288,923 ▼ 49.2%
Debt's share of the balance-sheet total falls from 33.0% to 18.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€373,965▲
2024 · €257,063
Cash flow
€341,212▲
2024 · €192,915
Current ratio
3.95▲
2024 · 3.04
Debt to equity
0.23▼
2024 · 0.49
ROE
25.9%▲
2024 · 14.7%
ROA
21.1%▲
2024 · 9.9%
Interest coverage
37.00▲
2024 · 25.33
Debt ≤ 1 year
€288,923▼
2024 · €473,300
Debt > 1 year
€0▼
2024 · €95,527
Income taxes
€27,400▼
2024 · €56,307
Staff costs
€196,249▲
2024 · €77,058
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
social balance sheet
Item
31-12-2021
31-12-2022
31-12-2023
31-12-2024
31-12-2025
Employees at the balance-sheet date
2
2
1
2
0
full-time
2
2
1
2
0
part-time
-
-
-
0
0
in full-time equivalents
2
2
1
2
0
Average over the year, in full-time equivalents
2
2
1.9
1.2
3
On a permanent contract
2
2
1
2
0
Joined
-
-
0
1
1
Left
-
-
1
0
3
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired
Item
2021
2022
2023
2024
2025
Tangible fixed assets
-
€5,200
€44,171
-
€174,077
Intangible fixed assets
-
-
-
-
€401
Depreciation and write-downs of the year
€26,286
€26,824
€27,441
€22,802
€16,333
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 63 lines
Balance sheetCode20242025
Assets
Total assets20/58€1.7m€1.5m▼
Fixed assets21/28€0.3m€0.4m▲
Intangible fixed assets21-€0.001m
Tangible fixed assets22/27€0.3m€0.4m▲
Land and buildings22€0.2m€0.4m▲
Plant, machinery and equipment23-€498
Furniture and vehicles24€0.04m€0▼
Current assets29/58€1.4m€1.1m▼
Stocks and contracts in progress3€0.7m€0▼
Stocks30/36€0.7m€0▼
Amounts receivable within one year40/41€0.3m€1.1m▲
Trade receivables40€0.3m€0▼
Other amounts receivable41-€1.1m
Cash at bank and in hand54/58€0.4m€0.09m▼
Deferred charges and accrued income490/1€0.002m€0▼
Equity and liabilities
Total equity and liabilities10/49€1.7m€1.5m▼
Equity10/15€1.2m€1.3m▲
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Reserves13€0.1m€0.1m=
Non-distributable reserves130/1€0.02m€0.02m=
Legal reserve130€0.02m€0.02m=
Distributable reserves133€0.08m€0.08m=
Profit (loss) carried forward14€0.8m€0.9m▲
Investment grants15€0.01m€0.01m▼
Amounts payable17/49€0.6m€0.3m▼
Amounts payable after more than one year17€0.1m€0▼
Financial debts170/4€0.1m€0▼
Amounts payable within one year42/48€0.5m€0.3m▼
Current portion of amounts payable after more than one year42€0.03m€0▼
Trade debts44€0.4m€0.02m▼
Suppliers440/4€0.4m€0.02m▼
Taxes, remuneration and social security45€0.02m€0.05m▲
Taxes450/3€0.02m€0.05m▲
Remuneration and social security454/9€0.006m€0▼
Other amounts payable47/48€0.04m€0.2m▲
Income statementCode20242025
Turnover70€3.1m-
Non-recurring operating income76A-€0.1m
Goods, raw materials, services and sundry goods60/61€2.8m-
Remuneration, social security and pensions62€0.08m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.005m
Other operating charges640/8€0.02m€0.02m▼
Gross operating margin9900€0.4m€0.6m▲
Operating profit (loss)9901€0.2m€0.4m▲
Financial income75/76B€0.002m€0.005m▲
Recurring financial income75€0.002m€0.005m▲
Financial charges65/66B€0.01m€0.01m▼
Recurring financial charges65€0.01m€0.01m▼
Profit (loss) for the period before taxes9903€0.2m€0.4m▲
Income taxes67/77€0.06m€0.03m▼
Profit (loss) for the period9904€0.2m€0.3m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.8m€1.1m▲
Profit (loss) brought forward from the previous period14P€0.7m€0.8m▲
Transfer from equity791/2€0.07m€0▼
Transfer to equity691/2€0.01m€0▼
To the legal reserve6920€0.01m€0▼
Profit to be distributed694/7€0.07m€0.2m▲
Return on contributions (dividend)694€0.07m€0▼
Directors or managers695-€0.2m
Social balance sheet
Average headcount (FTE)9087-3.0
The notes to these accounts have 21 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
01-06-2026Capital stated in 3 acts · €215,000 · 6,945 shares
Mandate history
Mandate history
Each bar is one period in a function, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
Resignations: Christian Hubin, Pierre Hubin and Barbara Hubin · Appointments: Group Defrancq SA, Rina Defrancq and 3 others · Director discharge: Christian Hubin12 points ▸
General meeting, 14-07-2025
Director resignation, Christian Hubin (administrateur et délégué de la gestion journalière)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.An act published in both Dutch and French appears here once.
Each sentence rests on a document from the KBO register, the Belgian Official Gazette or the National Bank. The number after the sentence opens that document.
In 2026 the registered office moved to Roeselare Hoge-Barrierestraat.1DISTRITOIT has filed 38 sets of annual accounts, the latest for financial year 2025.2In 2026 the company was absorbed by merger into GROUP DEFRANCQ.3
DISTRITOIT is no longer in the KBO register. GROUP DEFRANCQ took it over in a merger by absorption, published in the Belgian Official Gazette on 7 September 2026.
Status
Inactiveout of the register since 28 August 2026
Reason
Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 7 September 2026 · act
Purpose, financial year and meetings according to the articles of association
Name, seat, purpose and duration
PurposeThe purpose describes the activities the company may carry out under its articles.
“Produire et distribuer, tant en Belgique qu’à l’étranger, toutes sortes de matériaux de construction destinés pour des bâtiments en tout…”
4 activities
Produire et distribuer, tant en Belgique qu’à l’étranger, toutes sortes de matériaux de construction destinés pour des bâtiments en tout genre et plus spécialement des matériaux concernant le toit, l’imperméabilité, le revêtement, l’isolation et tous les travaux ainsi que l’outillage et le matériel s’y rapportant.
S’approprier, donner ou prendre en location, ériger, aliéner ou échanger tous biens meubles ou immeubles, d’exploitation ou d’équipement, et d’une manière générale entreprendre toutes opérations commerciales, industrielles ou financières se rapportant directement ou indirectement à son objet social, y compris la sous-traitance en général et l’exploitation de tous droits intellectuels ou de propriété industrielle ou commerciale y relatifs ; elle peut acquérir à titre d’investissement tous biens meubles ou immeubles, même sans rapport direct ou indirect avec l’objet social de la société.
Pourvoir à l’administration, à la supervision, et au contrôle de toutes sociétés liées ou avec lesquelles il existe un lien de participation et toutes autres, et consentir tous prêts à celles-ci, sous quelque forme et pour quelque durée que ce soit.
Prendre un intérêt par voie d’apport en numéraire ou en nature, de fusion, de souscription, de participation, d’intervention financière ou autrement dans toutes sociétés ou entreprises existantes ou à créer en Belgique ou à l’étranger, dont l’objet serait identique, analogue ou connexe au sien, ou de nature à favoriser le développement de son objet social.
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.