Skip to content

DISTRIWEAR

Active
Private limited companyfounded 2019active for 6 yearsPlace Verte 69, 4900 Spa, BelgiumKBO/BCE: BE 0737.455.168
Summary

The computed 12-month bankruptcy probability of DISTRIWEAR is 10.1% (high). The 2024 annual accounts show equity of €44,582 and a net result of €11,425. Equity is growing by about 55% per year across the filed financial years. Its solvency ranks better than 30% of 15,476 sector peers (NACE 46, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of clothing, excluding workwear and underwear
NACE 46423Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
2 sites
Size
€320,147total assets 2024
Staff
2.2 FTE
Equity
€44,582
Profit
€11,425
Turnover not published (micro format)
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
10.1%
Structure
Accounts 82 days overdue1 of 2 deeds read
Why 32raises riskFigures for financial year 2024 (filed 16-12-2025)1 financial year not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 late1 change of registered office in 24 monthsFounded in 2019Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 44% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 39+1
equity 13.9% of total assets
Liquidity 28-11
short-term debt 82.2% · cash 18.7%
Profitability 51+11
return on assets 3.6%
Bankruptcy probability, 12 months
10.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,877 companies, NACE 46, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.9%● unchanged vs 12-2024 02-2025: 1.9%● unchanged vs 01-2025 03-2025: 1.8%▼ -0.1 percentage points vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025 05-2025: 1.8%▼ -0.1 percentage points vs 04-2025 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.8%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 2.5%▲ +0.7 percentage points vs 07-2025 09-2025: 2.9%▲ +0.4 percentage points vs 08-2025 10-2025: 4.2%▲ +1.3 percentage points vs 09-2025 11-2025: 4.4%▲ +0.2 percentage points vs 10-2025 12-2025: 5.6%▲ +1.2 percentage points vs 11-2025 01-2026: 2.9%▼ -2.7 percentage points vs 12-2025 02-2026: 2.6%▼ -0.3 percentage points vs 01-2026 03-2026: 4.0%▲ +1.4 percentage points vs 02-2026 04-2026: 4.1%▲ +0.1 percentage points vs 03-2026 05-2026: 4.6%▲ +0.5 percentage points vs 04-2026 06-2026: 4.3%▼ -0.3 percentage points vs 05-2026 07-2026: 4.3%● unchanged vs 06-2026 08-2026: 5.6%▲ +1.3 percentage points vs 07-2026 09-2026: 6.2%▲ +0.6 percentage points vs 08-2026 10-2026: 10.1%▲ +3.9 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.17, compared with 1.28 in 2023, below the usual 1.5; short-term debt: 82.2% and cash: 18.7% of total assets), and 86.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 26% on solvency, 26% on liquidity, 39% on profitability and 83% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
raises risk
raises risk · Figures for financial year 2024 (filed 16-12-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 5 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-12-2025, 138 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 5 filings
Deviation from the deadline
2025
not filed
2024
138 days late
2023
33 days late
2022
101 days early
2021
57 days late
2020
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 44 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Power of…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View
  • Among the largest 14% on gross marginsector median €27,014 · 15,431 companies €135,941 View
  • Total assets 20245 financial years filed €320,147 View

By topic

Financials

Financial year
2024
Total assets
€320,147
Profit
€11,425
Solvency
13.9%
Total assets▲ 25.5%
Net result
20202024
Go to Financials

Timeline

Events
7
Since
2021
  1. 21-04-2023Annual accounts filed
  2. 26-09-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Wholesale of clothing, excluding workwear and underwearNACE 46423
Founded
06-11-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.