DISVALE
ActiveDISVALE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €771k and a net result of €168k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency73=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.95 in 2024), and 51.6% of the assets are financed with debt.
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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.4%
Return on assets
10.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
24 d late
2021
30 d late
2020
17 d late
2019
31 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€168k▲ 3.4%
2024 · €162k
2018: €98k
2019: €95k
2020: €170k
2021: €201k
2022: €136k
2023: €140k
2024: €162k
2018 → 2025
Working capital
€63k
2024 · €-38k
2018: €-246k
2019: €-286k
2020: €-375k
2021: €-337k
2022: €-312k
2023: €-175k
2024: €-38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€617k-€695k▲ 12.5%€724k▲ 4.3%€771k▲ 6.5%€771k=
Operating result€279k-€187k▼ 32.9%€197k▲ 5.6%€227k▲ 14.9%€230k▲ 1.3%
Net result€201k-€136k▼ 32.4%€140k▲ 2.7%€162k▲ 15.9%€168k▲ 3.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.59M
Fixed assets
€713k▼ 12.5%
Current assets
€881k▲ 32.8%
Equity and liabilities €1.59M
Equity
€771k=
Debt
€822k▲ 16.4%
The debt ratio rises from 47.8% to 51.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€343k▼
2024 · €347k
Cash flow
€282k▼
2024 · €282k
Solvency
48.4%▼
2024 · 52.2%
Current ratio
1.08▲
2024 · 0.95
Quick ratio
0.66▲
2024 · 0.39
Debt / equity
1.07▲
2024 · 0.92
ROE
21.7%▲
2024 · 21.0%
ROA
10.5%▼
2024 · 11.0%
Interest coverage
77.06▼
2024 · 88.34
Debt
€822k▲
2024 · €706k
Debt ≤ 1 year
€817k▲
2024 · €701k
Income taxes
€60k▼
2024 · €61k
Staff costs
€500k▲
2024 · €439k
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€1.48M€1.59M▲
Fixed assets21/28€814k€713k▼
Tangible fixed assets22/27€804k€703k▼
Land and buildings22€770k€667k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€26k€30k▲
Financial fixed assets28€10k€10k=
Current assets29/58€663k€881k▲
Stocks and contracts in progress3€389k€342k▼
Stocks30/36€389k€342k▼
Amounts receivable within one year40/41€73k€94k▲
Trade receivables40€27k€60k▲
Other amounts receivable41€46k€34k▼
Current investments50/53-€300k
Cash at bank and in hand54/58€200k€143k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.59M▲
Equity10/15€771k€771k=
Contributions10/11€75k€75k=
Reserves13€101k€101k=
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€93k€93k=
Profit (loss) carried forward14€596k€596k=
Amounts payable17/49€706k€822k▲
Amounts payable within one year42/48€701k€817k▲
Trade debts44€476k€551k▲
Suppliers440/4€476k€551k▲
Taxes, remuneration and social security45€110k€99k▼
Taxes450/3€42k€32k▼
Remuneration and social security454/9€68k€67k▼
Other amounts payable47/48€116k€168k▲
Accrued charges and deferred income492/3€5k€5k▼
Income statement
Code20242025
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€439k€500k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€114k▼
Other operating charges640/8€18k€13k▼
Gross operating margin9900€804k€856k▲
Operating profit (loss)9901€227k€230k▲
Financial income75/76B€147€2k▲
Recurring financial income75€147€2k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€223k€227k▲
Income taxes67/77€61k€60k▼
Profit (loss) for the period9904€162k€168k▲
Profit (loss) for the period to be appropriated9905€162k€168k▲
Appropriation of the result
Profit (loss) to be appropriated9906€711k€763k▲
Profit (loss) brought forward from the previous period14P€549k€596k▲
Profit to be distributed694/7€115k€168k▲
Return on contributions (dividend)694€115k€168k▲
Social balance
Average headcount (FTE)908714.932.6▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €201k ▲18.2%
Operating result €279k, net result €201k, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 17 days late
2020
31-12
Financial
Equity above €500kEq €528k ▲12.5%
3 profitable years in a row build equity to €528k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €95k ▼2.6%
Net result drops to €95k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Fexhe-le-Haut-Clocher · 1 establishment unit since 1993
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.
Grand'Route 2924347 Fexhe-le-Haut-ClocherGround area
3,131 m²
Building footprint
702 m²
Volume, LiDAR
4,190 m³
Parcel 64025B0195/00C000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grand'Route 292, 4347 Fexhe-le-Haut-Clocher
since 19932.062.584.838
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64025B0195/00C000 | Wallonia | 3,131 m² | 1 · 702 m² | 7.7 m · 2 fl. |
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 siteFexhe-le-Haut-Clocher2.062.584.838
Similar companies · same sector, comparable size
JOCRIS
BE 0446.401.621
Dilsen-Stokkem · Eq €771k
UNIC VOS
BE 0420.964.063
Dilsen-Stokkem · Eq €772k
SCHREURS VENDING
BE 0428.586.976
Genk · Eq €775k
EPIMO
BE 0451.227.865
Rendeux · Eq €767k
MINIMARKT MITJE
BE 0442.506.377
Kalmthout · Eq €776k
Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 2,551 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-1993
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47113Retail trade
52112
52113
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:marcelvvkr@yahoo.fr
Phone:085/61 29 06
Fax:085/61 29 06