FTO DISTRIBUTION
FTO DISTRIBUTION is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €316k and a net result of €42k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 2794 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €316k |
| Net result | €42k |
| Better than sector | 28% |
| Active | 8 yrs |
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 31.5% | 57.6% | |
| Net result | €13k | €103k | |
| Equity | €274k | €3.93M | |
| Gross operating margin | €31k | €53k | |
| Employees (FTE) | 0.0 | 3.0 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €42k | €13k | €51k | €18k | €23k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | €3k | - | - | - | - |
| Income taxes | €16k | €4k | €14k | €8k | €7k |
| Dividends | - | - | - | - | - |
| Total assets | €867k | €870k | €751k | €720k | €702k |
| Equity | €316k | €274k | €261k | €210k | €192k |
| Debt | €551k | €596k | €490k | €509k | €510k |
| of which ≤ 1y | €488k | €454k | €298k | €249k | €181k |
| of which > 1y | €63k | €142k | €190k | €260k | €329k |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | 0.0 | 0.0 | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 36.4% | 31.5% | 34.8% | 29.2% | 27.3% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 4.8% | 1.5% | 6.7% | 2.6% | 3.3% |
| ROE | 13.3% | 4.7% | 19.4% | 8.8% | 12.0% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €867k | €870k | €751k | €720k | €702k |
| Fixed assets | 21/28 | €729k | €738k | €700k | €700k | €700k |
| Tangible fixed assets | 22/27 | €29k | €38k | - | €0 | €336 |
| Financial fixed assets | 28 | €700k | €700k | €700k | €700k | €700k |
| Current assets | 29/58 | €138k | €132k | €51k | €20k | €2k |
| Amounts receivable within one year | 40/41 | €134k | €96k | €50k | €14k | €0 |
| Cash & bank | 54/58 | €4k | €36k | €503 | €5k | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €867k | €870k | €751k | €720k | €702k |
| Equity | 10/15 | €316k | €274k | €261k | €210k | €192k |
| Contributions / capital | 10/11 | €150k | €150k | €150k | €150k | €150k |
| Reserves | 13 | €42k | €24k | €23k | €21k | €2k |
| Accumulated profits (losses) | 14 | €124k | €100k | €88k | €40k | €40k |
| Amounts payable | 17/49 | €551k | €596k | €490k | €509k | €510k |
| Amounts payable after one year | 17 | €63k | €142k | €190k | €260k | €329k |
| Amounts payable within one year | 42/48 | €488k | €454k | €298k | €249k | €181k |
| Trade debts payable within one year | 44 | €78k | €60k | €10k | €6k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €74k | €31k | €69k | €32k | €36k |
| Operating result | 9901 | €61k | €21k | €68k | €31k | €35k |
| Financial income | 75 | €0 | €20 | €65 | €8 | €2 |
| Financial charges | 65 | €3k | €4k | €3k | €4k | €5k |
| Result before taxes | 9903 | €58k | €17k | €65k | €26k | €30k |
| Income taxes | 67/77 | €16k | €4k | €14k | €8k | €7k |
| Net result for the period | 9904 | €42k | €13k | €51k | €18k | €23k |
| Result to be appropriated | 9905 | €42k | €13k | €51k | €18k | €23k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 09-07-2018 |
| Status | Active |
| Postal code | 4101 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62058A0102/00L002indicative | Wallonia | 265 m² | 1 · 109 m² | 9.8 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
03-03-2023 Capital increase of €150,000 to €300,000
- €150.000 → €300.000
Technical details
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}| Legal nameFR | FTO DISTRIBUTION |