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MASTER BOOT RECORD

Active
Private limited companyfounded 1954active for 71 yearsStoeterijlaan 115, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0401.937.019
Summary

MASTER BOOT RECORD has been active since 1954 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,970 and a net result of -€4,444. Equity is shrinking by about 2.8% per year across the filed financial years. Its solvency ranks better than 95% of 13,660 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Wholesale trade
NACE 46441Wholesale of non-electrical household articles NACE 46494
5th oldest company in Sint-Pieters-Woluwe, Wholesale and retail trade sector1 site
Size
≈ €35,000turnover 2025, estimated
Equity
€210,970
Loss
-€4,444
Turnover estimated from the gross margin
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Auditor: Benjamin Gorlier2025 accounts 32 days early1 of 3 deeds summarised
Why 95lowers riskFounded in 1954Liquidity: current ratio 83.12, cash €37,683Equity €210,970 (99.8% of total assets)Size: total assets €211,448Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 63% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.8% of total assets
Liquidity 72+2
short-term debt 0.2% · cash 17.8%
Profitability 66+1
return on assets -2.1%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,889 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity ample (current ratio 83.12, compared with 70.14 in 2024, above the usual 1.5; short-term debt: 0.2% and cash: 17.8% of total assets), and 0.2% 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 90% on solvency, 77% on liquidity, 48% on profitability and 36% on growth.

The bankruptcy probability was computed on 28-10-2026 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.
lowers riskraises riskneutral
lowers risk · Founded in 1954
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 83.12, cash €37,683
NBB · annual accounts
lowers risk · Equity €210,970 (99.8% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €211,448
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€4,444
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
36 days early
2023
32 days early
2022
40 days early
2021
52 days early
2020
36 days early
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Delvaux Stéphane André Frédéric, Piron…Resignation: Delvaux Stéphane André Frédéric…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Turnover
≈ €35,000
Estimated: probably between €20,000 and €140,000
Total assets
€211,448▼ 2.1%
2024 · €215,946
Net result
-€4,444▲ 35.1%
2024 · -€6,852
Working capital
€39,184▲ 6.5%
2024 · €36,780
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €4,138 in 2025 against €6,572 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€4,138 2025 Net result-€4,444 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€39,347-€34,787▼ 11.6%-€14,756-€17,936▼ 21.6%€4,371-€16,942-€6,572▲ 61.2%-€4,138▲ 37.0%
Net result€17,459-€22,861▲ 30.9%-€4,536below the sector's middle half-€16,794below the sector's middle half▼ 270%€3,847within the sector's middle half-€17,184below the sector's middle half-€6,852below the sector's middle half▲ 60.1%-€4,444below the sector's middle half▲ 35.1%
Equity€234,073-€256,934▲ 9.8%€252,398above the sector's middle half▼ 1.8%€235,604above the sector's middle half▼ 6.7%€239,450above the sector's middle half▲ 1.6%€222,266above the sector's middle half▼ 7.2%€215,414above the sector's middle half▼ 3.1%€210,970above the sector's middle half▼ 2.1%
Total assets€346,903-€276,539▼ 20.3%€254,840within the sector's middle half▼ 7.8%€236,499within the sector's middle half▼ 7.2%€240,788within the sector's middle half▲ 1.8%€227,351within the sector's middle half▼ 5.6%€215,946within the sector's middle half▼ 5.0%€211,448within the sector's middle half▼ 2.1%
Debt€112,830-€19,605▼ 82.6%€2,442▼ 87.5%€895▼ 63.3%€1,338▲ 49.5%€5,085▲ 280%€532▼ 89.5%€477▼ 10.3%
Working capital-€38,674-€6,316€25,074within the sector's middle half▲ 297%€25,060within the sector's middle half▼ 0.1%€40,347within the sector's middle half▲ 61.0%€34,519within the sector's middle half▼ 14.4%€36,780within the sector's middle half▲ 6.6%€39,184within the sector's middle half▲ 6.5%
Solvency67.5%-92.9%▲ 25.4pp99.0%above the sector's middle half▲ 6.1pp99.6%above the sector's middle half▲ 0.6pp99.4%above the sector's middle half▼ 0.2pp97.8%above the sector's middle half▼ 1.7pp99.8%above the sector's middle half▲ 2.0pp99.8%above the sector's middle half=
Current ratio0.66-1.32▲ 0.6611.27above the sector's middle half▲ 9.9529.00above the sector's middle half▲ 17.7331.16above the sector's middle half▲ 2.167.79above the sector's middle half▼ 23.3770.14above the sector's middle half▲ 62.3583.12above the sector's middle half▲ 12.97
Return on assets (ROA)5.0%-8.3%▲ 3.2pp-1.8%within the sector's middle half▼ 10.0pp-7.1%below the sector's middle half▼ 5.3pp1.6%within the sector's middle half▲ 8.7pp-7.6%below the sector's middle half▼ 9.2pp-3.2%within the sector's middle half▲ 4.4pp-2.1%within the sector's middle half▲ 1.1pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €211,448
Fixed assets €171,786 ▼ 3.8%
Current assets €39,661 ▲ 6.3%
Equity and liabilities €211,448
Equity €210,970 ▼ 2.1%
Debt €477 ▼ 10.3%
Debt's share of the balance-sheet total stays at 0.2%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,710▲
2024 · €2,542
Cash flow
€2,404▲
2024 · €2,261
Debt to equity
0.00▼
2024 · 0.00
ROE
-2.1%▲
2024 · -3.2%
Interest coverage
8.85▼
2024 · 9.07
Debt ≤ 1 year
€477▼
2024 · €532
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,322 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90.3% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90.3% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,322 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€215,946€211,448▼
Fixed assets21/28€178,634€171,786▼
Tangible fixed assets22/27€178,634€171,786▼
Land and buildings22€178,634€171,786▼
Current assets29/58€37,312€39,661▲
Amounts receivable within one year40/41€2,057€1,978▼
Trade receivables40€1,876€1,978▲
Other amounts receivable41€182-
Cash at bank and in hand54/58€35,255€37,683▲
Equity and liabilities
Total equity and liabilities10/49€215,946€211,448▼
Equity10/15€215,414€210,970▼
Contributions10/11€100,000€100,000=
Reserves13€57,395€57,395=
Distributable reserves133€57,395€57,395=
Profit (loss) carried forward14€58,020€53,576▼
Amounts payable17/49€532€477▼
Amounts payable within one year42/48€532€477▼
Taxes, remuneration and social security45-€5
Taxes450/3-€5
Other amounts payable47/48€532€472▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,113€6,848▼
Other operating charges640/8€382€893▲
Gross operating margin9900€2,923€3,603▲
Operating profit (loss)9901-€6,572-€4,138▲
Financial charges65/66B€280€306▲
Recurring financial charges65€280€306▲
Profit (loss) for the period before taxes9903-€6,852-€4,444▲
Profit (loss) for the period9904-€6,852-€4,444▲
Profit (loss) for the period to be appropriated9905-€6,852-€4,444▲
Appropriation of the result
Profit (loss) to be appropriated9906€58,020€53,576▼
Profit (loss) brought forward from the previous period14P€64,872€58,020▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A----€14,000€1,550---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,597€23,617€23,294€16,780€11,441€15,361€9,113€6,848▼ 24.9%
Other operating charges640/8---€853€371€384€382€893▲ 134%
Gross operating margin9900€64,857€59,407€9,384-€303€16,184-€1,196€2,923€3,603▲ 23.3%
Operating profit (loss)9901€39,347€34,787-€14,756-€17,936€4,371-€16,942-€6,572-€4,138▲ 37.0%
Financial income75/76B---€5-----
Recurring financial income75---€5-----
Financial charges65/66B---€268€318€242€280€306▲ 9.3%
Recurring financial charges65€234€236€246€268€318€242€280€306▲ 9.3%
Profit (loss) for the period before taxes9903€39,113€34,551-€15,002-€18,199€4,053-€17,184-€6,852-€4,444▲ 35.1%
Income taxes67/77€21,654€11,690-€10,466-€1,405€206----
Profit (loss) for the period9904€17,459€22,861-€4,536-€16,794€3,847-€17,184-€6,852-€4,444▲ 35.1%
Profit (loss) for the period to be appropriated9905€17,459€22,861-€4,536-€16,794€3,847-€17,184-€6,852-€4,444▲ 35.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€346,903€276,539€254,840€236,499€240,788€227,351€215,946€211,448▼ 2.1%
Fixed assets21/28€272,747€250,618€227,324€210,544€199,103€187,747€178,634€171,786▼ 3.8%
Tangible fixed assets22/27€272,623€250,494€227,200€210,420€198,979€187,747€178,634€171,786▼ 3.8%
Land and buildings22---€210,420€198,979€187,747€178,634€171,786▼ 3.8%
Financial fixed assets28€124€124€124€124€124----
Current assets29/58€74,156€25,921€27,516€25,955€41,685€39,604€37,312€39,661▲ 6.3%
Amounts receivable within one year40/41€11,521€13,218€893€1,627€244€6,958€2,057€1,978▼ 3.8%
Trade receivables40---€400-€6,958€1,876€1,978▲ 5.5%
Other amounts receivable41---€1,227€244-€182--
Cash at bank and in hand54/58€62,635€12,003€26,623€24,328€41,440€32,646€35,255€37,683▲ 6.9%
Equity and liabilities
Total equity and liabilities10/49€346,903€276,539€254,840€236,499€240,788€227,351€215,946€211,448▼ 2.1%
Equity10/15€234,073€256,934€252,398€235,604€239,450€222,266€215,414€210,970▼ 2.1%
Contributions10/11€100,000€100,000€100,000€100,000€100,000€100,000€100,000€100,000=
Capital10---€100,000€100,000----
Issued capital100---€100,000€100,000----
Reserves13€37,395€57,395€57,395€57,395€57,395€57,395€57,395€57,395=
Non-distributable reserves130/1---€10,000€10,000----
Legal reserve130---€10,000€10,000----
Distributable reserves133---€47,395€47,395€57,395€57,395€57,395=
Profit (loss) carried forward14€96,678€99,539€95,003€78,209€82,055€64,872€58,020€53,576▼ 7.7%
Amounts payable17/49€112,830€19,605€2,442€895€1,338€5,085€532€477▼ 10.3%
Amounts payable within one year42/48€112,830€19,605€2,442€895€1,338€5,085€532€477▼ 10.3%
Trade debts44-€1,464--€450€3,915---
Suppliers440/4----€450€3,915---
Taxes, remuneration and social security45---€148-€516-€5-
Taxes450/3---€148-€516-€5-
Other amounts payable47/48---€747€888€654€532€472▼ 11.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€17,459€22,861-€4,536-€16,794€3,847-€17,184-€6,852-€4,444▲ 35.1%
+ Depreciation and write-downs630€23,597€23,617€23,294€16,780€11,441€15,361€9,113€6,848▼ 24.9%
Operating cash flow (approximation)€41,056€46,478€18,758-€14€15,288-€1,823€2,261€2,404▲ 6.3%
Investment in fixed assets (approximation)--€1,488€0€0-€1-€4,005€0€0-
Change in cash--€50,632€14,620-€2,295€17,112-€8,794€2,609€2,428▼ 6.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 29-06-2026 2026-00213321
31-12-2024 micro format 25-06-2025 2025-00174438
31-12-2023 micro format 29-06-2024 2024-00182548
31-12-2022 micro format 21-06-2023 2023-00143218
31-12-2021 micro format 09-06-2022 2022-20053051
31-12-2020 micro format 25-06-2021 2021-23900570
31-12-2019 micro format 27-08-2020 2020-45500529
31-12-2018 micro format 09-08-2019 2019-44700537
31-12-2017 micro format 30-08-2018 2018-53100532
31-12-2016 micro format 08-08-2017 2017-41500080

Show all 49 filings

Similar companies · same sector, comparable size

Of the 61 active companies whose main activity is wholesale trade (NACE 46441), figures are known for 42. 27 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2026
This board is reconstructed from a single act (26377893). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 3

Delvaux Raphaël Emilio Roger
Director · since 30-03-2026
Current
Piron Geneviève
Director · since 30-03-2026
Current
Delvaux Stéphane André Frédéric
Administrateurnonstatutaire · since 27-10-2026
Current

Statutory auditor 1

Benjamin Gorlier
Auditor · since 27-10-2026
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 3 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2026, 4 in office
Show
  • Board
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
Delvaux Raphaël Emilio Roger
  • Director, from 30-03-2026 to date
Delvaux Stéphane André Frédéric
  • Director, from 30-03-2026 to 27-10-2026
  • Administrateurnonstatutaire, from 27-10-2026 to date
Piron Geneviève
  • Director, from 30-03-2026 to date
Benjamin Gorlier
  • Auditor, from 27-10-2026 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 27-10-2026 Converted to available equity · €110,000

Group and network

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 13 November 1954, MASTER BOOT RECORD was incorporated.1 Total assets went from €346,903 in 2018 to €211,448 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-10
Gazette deed Appointments: Delvaux Stéphane André Frédéric, Piron Geneviève and 2 others
Resignation: Delvaux Stéphane André Frédéric (director) · Auditor report · Legal-form conversion14 facts ▸
  • General meeting, 27-09-2026
  • Director appointment, Delvaux Stéphane André Frédéric (director)
  • Director appointment, Piron Geneviève (director)
  • Director appointment, Delvaux Raphaël Emilio Roger (director)
  • Other provision, “dispense de lecture des rapports, Président” (deed in French)
  • Auditor appointment, Benjamin Gorlier
  • Other provision, “chaque actionnaire présent ou représenté, prise de connaissance des rapports” (deed in French)
  • Auditor report, “Réviseur d'Entreprises,Associé”, EUR (deed in French)
  • Legal-form conversion, “société à responsabilité limitée” (deed in French)
  • Capital conversion, “disponibles pour distributions futures” (deed in French)
  • Amendment of the articles
  • Director resignation, Delvaux Stéphane André Frédéric (director)
  • +2 further facts in this act
29-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
25-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial Liquidity times 9current ratio 70.14
Current ratio from 7.79 to 70.14; short-term debt falls from €5,085 to €532.
29-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Weakest financial yearnet -€17,184
Net result drops to -€17,184, the lowest in the series; recovery starts the following year.
21-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Back to profitnet €3,847
Net result €3,847 after 2 loss-making years.
09-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Liquidity more than doubledcurrent ratio 29.00
Current ratio from 11.27 to 29.00; short-term debt falls from €2,442 to €895.
25-06
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Liquidity more than 8 timescurrent ratio 11.27
Current ratio from 1.32 to 11.27; short-term debt falls from €19,605 to €2,442.
Show earlier events
27-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 27 days late
2019
31-12
Financial Highest result from 2018 to 2025net €22,861 ▲30.9%
Net result €22,861, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 1.32
Current ratio from 0.66 to 1.32; short-term debt falls from €112,830 to €19,605.
09-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 9 days late
2018
30-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 30 days late
2017
08-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 8 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 49 annual accounts filed, the latest 10 are here; all 49 are under Financials.
1 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded13-11-1954
Financial year end31-12
Activities, NACEBEL 2025
46441Wholesale trade
46494Wholesale of non-electrical household articles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0401937019
Also 9925:BE0401937019
Registered 10-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 1954
registered office establishment The establishment unit on the map
Ground area
232 m²
Building footprint
71 m²
Building volume
642 m³
Parcel 21683D0369/00W009, Brussels · tallest building 11.4 m. Linked by address, not a title deed.
1 establishment unit
MASTER BOOT RECORD
Stoeterijlaan 115, 1150 Sint-Pieters-WoluweWholesale of perfume and cosmetics
since 1954unit no. 2.004.043.556
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21683D0369/00W009 Brussels 232 m² 1 · 71 m² 11.4 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tous conseils, prestations, travaux, études, et assistance en gestion, tant aux entreprises qu'aux personnes physiques; Tous travaux de…” (deed in French)
6 activities (deed in French)
  1. Tous conseils, prestations, travaux, études, et assistance en gestion, tant aux entreprises qu'aux personnes physiques.
  2. Tous travaux de consultance en matière bureautique, informatique et/ou télématique sous quelque forme que ce soit, en ce y compris mais non limitativement l'analyse de la situation du client, la définition de ses besoins, l'élaboration de cahiers des charges, le conseil en matière de matériels et/ou logiciels.
  3. La récolte, la saisie, le traitement de données et/ou d'informations et cela par quelque moyen bureautique, informatique et/ou télématique que ce soit.
  4. L'achat, la vente, la revente, le stockage et/ou la représentation commerciale en matière de matériels et/ou de logiciels bureautiques, informatiques et/ou télématiques
  5. La société pourra également s'engager dans tous types d'opérations immobilières. Elle pourra notamment acquérir, détenir, céder, prendre ou donner en location, construire, développer et gérer tous immeubles.
  6. La société peut aussi s'intéresser par voie de fusion, de souscription ou de toute autre manière à toutes entreprises, associations ou sociétés ayant un objet similaire, analogue ou connexe au sien, ou de nature à en développer la réalisation. Elle peut de même conclure toutes conventions de collaboration, de rationalisation, d'association ou autres, avec de telles sociétés ou entreprises.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MASTER BOOT RECORD
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale” (deed in French)

deed of 27-10-2026

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)
“Loi et statuts réservés à l'assemblée générale, totalité des pouvoirs avec faculté de déléguer partie” (deed in French)

deed of 27-10-2026

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“4000, répartition des bénéfices et des produits de la liquidation” (deed in French)

deed of 27-10-2026

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“TITRE V. ASSEMBLEE GENERALE Article 17. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale ordinaire le premier…” (deed in French)

deed of 27-10-2026

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Déterminé par l'organe,seul ou conjointement, gestion journalière” (deed in French)
6 more provisions in the deed, see the deed of 27-10-2026

deed of 27-10-2026