DISTRIVAL
ActiveThe file of DISTRIVAL contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.8% (low). The 2025 annual accounts show negative equity (€-283k) and a net result of €-20k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 4822 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▲+21
Solvency67▲+34
Growth58=
Stability85
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 8.43 against 0.47 in 2024), but equity is negative.
Credit advice for your own amount and term
Signals
Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-93.2%
Return on assets
-6.7%
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
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 →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€283k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
43 d early
2023
28 d early
2022
39 d early
2021
18 d late
2020
377 d late
2019
691 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k▼ 158%
2024 · €-8k
2018: €-61k
2019: €52k
2020: €-221k
2021: €-20k
2022: €-11k
2023: €-10k
2024: €-8k
2018 → 2025
Working capital
€116k
2024 · €-142k
2018: €-392k
2019: €-226k
2020: €-425k
2021: €-435k
2022: €-438k
2023: €-439k
2024: €-142k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-233k-€-245k▼ 4.9%€-255k▼ 4.0%€-263k▼ 3.1%€-283k▼ 7.8%
Operating result€-17k-€-11k▲ 33.4%€-10k▲ 13.7%€-8k▲ 19.8%€-20k▼ 158%
Net result€-20k-€-11k▲ 43.3%€-10k▲ 14.1%€-8k▲ 19.5%€-20k▼ 158%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €8k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€173k▼ 3.7%
Current assets
€131k▲ 4.7%
Key figures and ratios
EBITDA
€-14k▼
2024 · €-3k
Cash flow
€-14k▼
2024 · €-3k
Solvency
-93.2%▼
2024 · -86.2%
Current ratio
8.43▲
2024 · 0.47
Quick ratio
8.21▲
2024 · 0.46
Debt / equity
-2.07▲
2024 · -2.16
ROE
7.2%▲
2024 · 3.0%
ROA
-6.7%▼
2024 · -2.6%
Interest coverage
-174.92▼
2024 · -80.35
Debt
€587k▲
2024 · €567k
Debt ≤ 1 year
€16k▼
2024 · €267k
Debt > 1 year
€571k▲
2024 · €300k
Staff costs
€7k
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€305k€304k▼
Fixed assets21/28€179k€173k▼
Tangible fixed assets22/27€17k€10k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€162k€162k=
Current assets29/58€125k€131k▲
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€121k€126k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€119k€122k▲
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€305k€304k▼
Equity10/15€-263k€-283k▼
Contributions10/11€1.50M€1.50M=
Capital10-€1.50M
Issued capital100-€1.50M
Profit (loss) carried forward14€-1.76M€-1.78M▼
Amounts payable17/49€567k€587k▲
Amounts payable after more than one year17€300k€571k▲
Financial debts170/4€300k€571k▲
Amounts payable within one year42/48€267k€16k▼
Trade debts44€3k€15k▲
Suppliers440/4€3k€15k▲
Advances received on contracts in progress46€1k-
Taxes, remuneration and social security45€2k€767▼
Remuneration and social security454/9€2k€767▼
Other amounts payable47/48€262k-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61-€9k
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8-€579
Gross operating margin9900€-3k€-6k▼
Operating profit (loss)9901€-8k€-20k▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Non-recurring financial income76B-€2
Financial charges65/66B€33€79▲
Recurring financial charges65€33€79▲
Non-recurring financial charges66B€33€79▲
Profit (loss) for the period before taxes9903€-8k€-20k▼
Profit (loss) for the period9904€-8k€-20k▼
Profit (loss) for the period to be appropriated9905€-8k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.76M€-1.78M▼
Profit (loss) brought forward from the previous period14P€-1.75M€-1.76M▼
The notes to these accounts (8 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity times 18current ratio 8.43
Current ratio from 0.47 to 8.43; short-term debt falls from €267k to €16k.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 377 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 691 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1057 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1291 days late
2020
31-12
Financial
Weakest financial yearnet €-221k ▼522%
Net result drops to €-221k, the lowest in the series; recovery starts the following year.
11-03
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise de Liège, division Neufchâteau · DISTRIVAL SA RUE DU VAL-D’AISNE 6, 6997 EREZEE. déclarée le 20 décembre 2019 · event 06-03-2020
2019
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
27-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · DISTRIVAL SA RUE DU VAL-D’AISNE 6, 6997 EREZEE · event 20-12-2019
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2022
This board is reconstructed from a single act (22143069). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Sales Jean Louis
CurrentDirector (executive) · since 02-11-2022
Thilmany Romain Léon
CurrentDirector (executive) · since 02-11-2022
Wolfgang Paul Przybyl
CurrentDirector (executive) · since 02-11-2022
02-11-2022
Sales Jean Louis: Appointed as Director (executive)
02-11-2022
Thilmany Romain Léon: Appointed as Director (executive)
02-11-2022
Wolfgang Paul Przybyl: Appointed as Director (executive)
02-11-2022
Beicht Edouard: Resigned as Director (executive)
Location & real-estate footprint
Registered office, Erezée · 1 establishment unit since 2009
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.
Rue du Val-d'Aisne 66997 ErezéeGround area
1,493 m²
Building footprint
260 m²
Parcel 83048D0507/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DISTRIVAL
since 20092.176.878.057
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83048D0507/00K000 | Wallonia | 1,493 m² | 1 · 260 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENOIT CHAMBERLAND RUE VICTOR LIBERT 45,
6900 MARCHE-EN-FAMENNE |
20-12-2019 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteErezée2.176.878.057
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AQUA SOLUTIONS
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Studio 709
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Keerbergen · Eq €8k
Of 1,569 companies in sector 46349 we hold annual accounts for 979. 329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-03-2009
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:huybrechts.edouard@skynet.be
Phone:086387925