I.E.S.-DISTRIBUTION
ActiveI.E.S.-DISTRIBUTION has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 3644 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▼-83
Solvency100▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 35.33 against 2.74 in 2024; short-term debt: 2.8% and cash: 1.7% of total assets), and 2.8% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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
21 d late
2023
57 d late
2022
52 d late
2021
30 d late
2020
61 d late
2019
221 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
19-09-2026 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
€-4k
2024 · €441k
2018: €-27k
2019: €60k
2020: €-122k
2021: €-50k
2022: €9k
2023: €-140k
2024: €441k
2018 → 2025
Working capital
€284k▼ 2.4%
2024 · €291k
2018: €108k
2019: €170k
2020: €43k
2021: €-13k
2022: €-8k
2023: €-156k
2024: €291k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-17k-€-8k▲ 54.9%€-148k▼ 1,864%€293k€289k▼ 1.3%
Operating result€-22k-€10k€-12k€425k€-9k
Net result€-50k-€9k€-140k€441k€-4k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €425k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €298k
Fixed assets
€5k▼ 6.3%
Current assets
€292k▼ 36.2%
Equity and liabilities €298k
Equity
€289k▼ 1.3%
Debt
€8k▼ 95.2%
The debt ratio falls from 36.8% to 2.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2024 · €425k
Cash flow
€-4k▼
2024 · €441k
Solvency
97.2%▲
2024 · 63.2%
Current ratio
35.33▲
2024 · 2.74
Quick ratio
35.33▲
2024 · 2.74
Debt / equity
0.03▼
2024 · 0.58
ROE
-1.3%▼
2024 · 150.3%
ROA
-1.3%▼
2024 · 95.0%
Interest coverage
-6.84▼
2024 · 19.31
Debt
€8k▼
2024 · €171k
Debt ≤ 1 year
€8k▼
2024 · €167k
Income taxes
€63▲
2024 · €-32k
Staff costs
€2k▼
2024 · €553k
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€464k€298k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€66€0▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€66€0▼
Financial fixed assets28€6k€5k▼
Current assets29/58€458k€292k▼
Amounts receivable after more than one year29€242k€256k▲
Other amounts receivable291€242k€256k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€79k€19k▼
Trade receivables40€21k€0▼
Other amounts receivable41€59k€19k▼
Current investments50/53€12k€12k▲
Cash at bank and in hand54/58€123k€5k▼
Deferred charges and accrued income490/1€2k€76▼
Equity and liabilities
Total equity and liabilities10/49€464k€298k▼
Equity10/15€293k€289k▼
Contributions10/11€19k€19k=
Reserves13€235k€235k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€233k€233k=
Profit (loss) carried forward14€40k€36k▼
Amounts payable17/49€171k€8k▼
Amounts payable within one year42/48€167k€8k▼
Current portion of amounts payable after more than one year42€10k€0▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€26k€16▼
Suppliers440/4€26k€16▼
Bills of exchange payable441€0-
Taxes, remuneration and social security45€118k€8k▼
Taxes450/3€40k€8k▼
Remuneration and social security454/9€78k€0▼
Other amounts payable47/48€13k€0▼
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20242025
Non-recurring operating income76A€690k€0▼
Remuneration, social security and pensions62€553k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90€66▼
Other operating charges640/8€95k€4k▼
Gross operating margin9900€1.07M€-2k▼
Operating profit (loss)9901€425k€-9k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€22k€1k▼
Recurring financial charges65€22k€1k▼
Profit (loss) for the period before taxes9903€408k€-4k▼
Income taxes67/77€-32k€63▲
Profit (loss) for the period9904€441k€-4k▼
Profit (loss) for the period to be appropriated9905€441k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€260k€36k▼
Profit (loss) brought forward from the previous period14P€-181k€40k▲
Transfer to equity691/2€220k€0▼
To other reserves6921€220k€0▼
Social balance
Average headcount (FTE)908713.00.0▼
The notes to these accounts (13 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
31-12
Financial
Liquidity times 13current ratio 35.33
Current ratio from 2.74 to 35.33; short-term debt falls from €167k to €8k.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
2024
31-12
Financial
Back to profitnet €441k
Net result €441k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 2.74
Current ratio from 0.64 to 2.74; short-term debt falls from €439k to €167k.
31-12
Financial
Equity above €200kEq €293k
Equity rises from €-148k to €293k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Weakest financial yearnet €-140k ▼1634%
Net result drops to €-140k, the lowest in the series; recovery starts the following year.
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 52 days late
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 221 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 587 days late
2019
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
31-12
Financial
Equity above €150kEq €155k ▲63%
Equity rises from €95k to €155k.
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 179 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, Lasne · 2 establishment units since 1986
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.
Chemin de la Fraite 71380 LasneGround area
2,686 m²
Building footprint
540 m²
Volume, LiDAR
4,438 m³
3 parcels, Brussels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
AU RALLYE DES AUTOS
since 19862.028.448.459
AU RALLYE DES AUTOS WOLUWE
since 20172.262.047.126
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076G0088/00C002 | Wallonia | 1,787 m² | 1 · 149 m² | 7.3 m · 2 fl. |
| 21614H0009/00X011 | Brussels | 579 m² | 1 · 220 m² | 12.3 m · 3 fl. |
| 21683D0331/00P004 | Brussels | 320 m² | 1 · 171 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
CAPRICCIO
BE 0702.772.720
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HET MAGAZIJN
BE 0458.977.571
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DE FRIGO
BE 0680.627.026
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SERNAT
BE 0453.416.701
Knokke-Heist · Eq €289k
Hayashi
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 7,756 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-11-1985
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.