DISTRIWAL
ActiveSummary
The computed 12-month bankruptcy probability of DISTRIWAL is 2.6% (moderate). The 2025 annual accounts show negative equity (€-35k) and a net result of €-46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 4157 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability23▲+12
Solvency21▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 1.22 in 2024; short-term debt: 53.2% and cash: 1.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
-3.7%
Return on assets
-5%
Age of the figures
18 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-35k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
27 d late
2024
5 d late
2023
30 d late
2022
30 d late
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-46k▲ 32.3%
2024 · €-68k
2021: €-2k
2022: €28k
2023: €34k
2024: €-68k
2021 → 2025
Working capital
€-55k
2024 · €118k
2021: €20k
2022: €48k
2023: €69k
2024: €118k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€46k▲ 162%€80k▲ 73.5%€12k▼ 85.5%€-35k
Operating result€35k-€56k▲ 61.1%€62k▲ 11.3%€-33k€-3k▲ 91.4%
Net result€-2k-€28k€34k▲ 18.8%€-68k€-46k▲ 32.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €33k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €927k
Fixed assets
€488k ▲ 17.2%
Current assets
€439k ▼ 32.2%
Key figures and ratios
EBITDA
€55k▲
2024 · €-18k
Cash flow
€12k▲
2024 · €-53k
Solvency
-3.7%▼
2024 · 1.1%
Current ratio
0.89▼
2024 · 1.22
Quick ratio
0.15▼
2024 · 0.41
Debt to equity
-27.85▼
2024 · 91.62
ROA
-5.0%▲
2024 · -6.4%
Interest coverage
1.27▲
2024 · -0.51
Debt
€963k▼
2024 · €1.05M
Debt ≤ 1 year
€494k▼
2024 · €529k
Debt > 1 year
€453k▼
2024 · €518k
Income taxes
€355▼
2024 · €355
Staff costs
€560k▲
2024 · €534k
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 · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.07M€928k▼
Formation expenses20€2k€1k▼
Fixed assets21/28€417k€488k▲
Tangible fixed assets22/27€417k€487k▲
Plant, machinery and equipment23€408k€478k▲
Furniture and vehicles24€9k€8k▼
Financial fixed assets28-€2k
Current assets29/58€647k€439k▼
Stocks and contracts in progress3€430k€366k▼
Stocks30/36€430k€366k▼
Amounts receivable within one year40/41€131k€41k▼
Trade receivables40€116k€41k▼
Other amounts receivable41€16k€13▼
Cash at bank and in hand54/58€56k€17k▼
Deferred charges and accrued income490/1€30k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.07M€928k▼
Equity10/15€12k€-35k▼
Contributions10/11€20k€20k=
Capital10€20k-
Issued capital100€20k-
Outside capital11-€20k
Other1109/19-€20k
Reserves13€60k€60k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k-
Reserves not available under the articles1311-€1k
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€-68k€-114k▼
Amounts payable17/49€1.05M€963k▼
Amounts payable after more than one year17€518k€453k▼
Financial debts170/4€518k€453k▼
Amounts payable within one year42/48€529k€494k▼
Current portion of amounts payable after more than one year42-€114k
Trade debts44€482k€321k▼
Suppliers440/4€482k€321k▼
Taxes, remuneration and social security45€48k€60k▲
Taxes450/3€667€6k▲
Remuneration and social security454/9€47k€54k▲
Other amounts payable47/48-€40
Accrued charges and deferred income492/3€7k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€534k€560k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€58k▲
Other operating charges640/8€12k€24k▲
Non-recurring operating charges66A€4k-
Gross operating margin9900€531k€639k▲
Operating profit (loss)9901€-33k€-3k▲
Financial income75/76B€1k€263▼
Recurring financial income75€1k€263▼
Financial charges65/66B€36k€43k▲
Recurring financial charges65€36k€43k▲
Profit (loss) for the period before taxes9903€-68k€-46k▲
Income taxes67/77€355€355▼
Profit (loss) for the period9904€-68k€-46k▲
Profit (loss) for the period to be appropriated9905€-68k€-46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-68k€-114k▼
Profit (loss) brought forward from the previous period14P-€-68k
Social balance
Average headcount (FTE)908712.014.4▲
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
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 5 days late
31-03
Financial
Weakest financial yearnet €-68k ▼302%
Net result drops to €-68k, the lowest in the series; recovery starts the following year.
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
31-03
Financial
Highest result since 2021net €34k ▲18.8%
Operating result €62k, net result €34k, both a record.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
31-03
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Walcourt · 1 establishment unit since 2019
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 de la Forge(Wal) 345650 WalcourtGround area
6,433 m²
Building footprint
1,660 m²
Parcel 93088A0009/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Carrefour Market
since 20192.291.852.850
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93088A0009/00L000 | Wallonia | 6,433 m² | 1 · 1,660 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWalcourt2.291.852.850
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,617 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2019
Fiscal year end31-03
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.