DISTRIWAAS
ActiveDISTRIWAAS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-112k) and a net result of €54k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+25
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.64 in 2024; short-term debt: 192.4% and cash: 0% of total assets), and equity is negative.
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
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
-92.4%
Return on assets
44.1%
Age of the figures
9 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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 11282 sector peers (2025).
NBB · sector comparisonPosition among 11282 sector peers
Solvency
better than 9%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
4 d early
2021
3 d early
2020
3 d early
2019
on the day
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-112k▲ 32.3%
2024 · €-166k
2018: €78k
2019: €176k
2020: €37k
2021: €-169k
2022: €-265k
2023: €-195k
2024: €-166k
2018 → 2025
Total assets
€121k▼ 67.2%
2024 · €370k
2018: €664k
2019: €1.04M
2020: €613k
2021: €471k
2022: €366k
2023: €233k
2024: €370k
2018 → 2025
Net result
€54k▲ 84.0%
2024 · €29k
2018: €22k
2019: €99k
2020: €-140k
2021: €-205k
2022: €-96k
2023: €70k
2024: €29k
2018 → 2025
Working capital
€-137k▲ 29.1%
2024 · €-193k
2018: €115k
2019: €169k
2020: €-30k
2021: €-222k
2022: €-333k
2023: €-244k
2024: €-193k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-169k-€-265k▼ 57.1%€-195k▲ 26.4%€-166k▲ 14.9%€-112k▲ 32.3%
Operating result€-192k-€-80k▲ 58.4%€86k€45k▼ 47.5%€69k▲ 51.4%
Net result€-205k-€-96k▲ 53.1%€70k€29k▼ 58.4%€54k▲ 84.0%
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 recovers in 2025; 2025 is 51% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€24k▼ 27.9%
Current assets
€97k▼ 71.2%
Key figures and ratios
EBITDA
€78k▲
2024 · €60k
Cash flow
€63k▲
2024 · €43k
Solvency
-92.4%▼
2024 · -44.8%
Current ratio
0.41▼
2024 · 0.64
Quick ratio
0.41▼
2024 · 0.63
Debt / equity
-2.08▲
2024 · -3.23
ROA
44.1%▲
2024 · 7.9%
Interest coverage
4.10▲
2024 · 3.68
Debt
€233k▼
2024 · €535k
Debt ≤ 1 year
€233k▼
2024 · €528k
Staff costs
€49k▲
2024 · €43k
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€370k€121k▼
Fixed assets21/28€34k€24k▼
Tangible fixed assets22/27€30k€21k▼
Land and buildings22€14k€11k▼
Plant, machinery and equipment23€16k€10k▼
Financial fixed assets28€4k€4k=
Current assets29/58€336k€97k▼
Stocks and contracts in progress3€600-
Stocks30/36€600-
Amounts receivable within one year40/41€295k€94k▼
Trade receivables40€113k€84k▼
Other amounts receivable41€182k€10k▼
Cash at bank and in hand54/58€33k€0▼
Deferred charges and accrued income490/1€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€370k€121k▼
Equity10/15€-166k€-112k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-186k€-133k▲
Amounts payable17/49€535k€233k▼
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€528k€233k▼
Current portion of amounts payable after more than one year42€8k€7k▼
Financial debts43€105k-
Credit institutions430/8€105k-
Trade debts44€194k€140k▼
Suppliers440/4€194k€140k▼
Taxes, remuneration and social security45€53k€24k▼
Taxes450/3€37k€10k▼
Remuneration and social security454/9€16k€14k▼
Other amounts payable47/48€170k€62k▼
Income statement
Code20242025
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€43k€49k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€9k▼
Other operating charges640/8€23k€3k▼
Non-recurring operating charges66A€10k-
Gross operating margin9900€136k€130k▼
Operating profit (loss)9901€45k€69k▲
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Financial charges65/66B€16k€19k▲
Recurring financial charges65€16k€19k▲
Profit (loss) for the period before taxes9903€29k€54k▲
Profit (loss) for the period9904€29k€54k▲
Profit (loss) for the period to be appropriated9905€29k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-186k€-133k▲
Profit (loss) brought forward from the previous period14P€-215k€-186k▲
The notes to these accounts (5 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €70k
Net result €70k after 3 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-205k
Net result drops to €-205k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €99k ▲355%
Operating result €167k, net result €99k, both a record.
31-12
Financial
Equity above €150kEq €176k ▲127%
2 profitable years in a row build equity to €176k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Niklaas · 1 establishment unit since 2002
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.
Europark-Zuid 69100 Sint-NiklaasGround area
4,818 m²
Building footprint
2,321 m²
Parcel 46442C0423/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Europark-Zuid 6/b, 9100 Sint-Niklaas
since 20022.079.903.791
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0423/00C000 | Flanders | 4,818 m² | 1 · 2,321 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.
Similar companies · same sector, comparable size
J.B. MARKETING
BE 0865.406.086
Diest · Eq €37k
HET MEIGEMS FRUITBOERKE
BE 0879.926.986
Deinze · Eq €36k
S.MINI-MALL
BE 0884.771.147
Asse · Eq €37k
EDMA
BE 0808.651.881
Puurs-Sint-Amands · Eq €36k
DE BOECK FOODS LUX
BE 0438.503.742
Messancy · Eq €36k
Of 956 companies in sector 46319 we hold annual accounts for 609. 279 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-11-1996
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
51310
73110Advertising agencies
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
46392Non-specialised wholesale
49410Freight transport by road
50200
51392
53200Other postal and courier activities
64120
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.