NHT Distribution
NHT Distribution has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €275k and a net result of €-129k. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 4040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €275k |
| Net result | €-129k |
| Staff (FTE) | 6.8 |
| Better than sector | 58% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
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 | 42.7% | 36.2% | |
| Net result | €-129k | €42k | |
| Equity | €275k | €441k | |
| Gross operating margin | €41k | €324k | |
| Staff costs | €114k | €339k |
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 | - | - | - | - | - |
| EBITDA | €-74k | €82k | €-12k | €164k | €269k |
| Net profit | €-129k | €27k | €-90k | €55k | €188k |
| Cash flow | €-88k | €67k | €-50k | €115k | €243k |
| Staff costs | €114k | €132k | €179k | €183k | - |
| Income taxes | - | - | €89 | €13k | €40k |
| Dividends | - | - | - | - | €12k |
| Total assets | €644k | €686k | €672k | €1.45M | €1.47M |
| Equity | €275k | €404k | €378k | €467k | €413k |
| Debt | €369k | €281k | €295k | €895k | €977k |
| of which ≤ 1y | €292k | €167k | €105k | €193k | €224k |
| of which > 1y | €72k | €106k | €109k | €693k | €751k |
| Working capital | €226k | €369k | €399k | €120k | €149k |
| Employees (FTE) | 6.8 | 7.3 | 6.4 | 6.5 | 5.9 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.77 | 3.21 | 4.81 | 1.62 | 1.66 |
| Quick ratio | 1.44 | 2.57 | 3.71 | 1.09 | 1.23 |
| Working capital ratio | 35.0% | 53.8% | 59.4% | 8.3% | 10.1% |
| Solvency | 42.7% | 59.0% | 56.1% | 32.3% | 28.0% |
| Debt / equity | 1.34 | 0.70 | 0.78 | 1.92 | 1.82 |
| Long-term debt ratio | 0.26 | 0.26 | 0.29 | 1.48 | 1.82 |
| Interest coverage | -5.13 | 5.33 | -0.31 | 4.53 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -20.1% | 3.9% | -13.4% | 3.8% | 12.7% |
| ROE | -47.0% | 6.7% | -23.8% | 11.7% | 45.4% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (27 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €644k | €686k | €672k | €1.45M | €1.47M |
| Fixed assets | 21/28 | €123k | €145k | €165k | €1.13M | €1.09M |
| Formation expenses | 20 | €4k | €5k | €3k | €5k | €6k |
| Tangible fixed assets | 22/27 | €123k | €144k | €165k | €1.06M | €1.02M |
| Financial fixed assets | 28 | €248 | €248 | €248 | €70k | €70k |
| Current assets | 29/58 | €517k | €536k | €504k | €313k | €372k |
| Stocks & contracts in progress | 3 | €98k | €107k | €115k | €102k | €97k |
| Amounts receivable within one year | 40/41 | €408k | €393k | €357k | €114k | €114k |
| Cash & bank | 54/58 | €11k | €36k | €31k | €92k | €160k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €644k | €686k | €672k | €1.45M | €1.47M |
| Equity | 10/15 | €275k | €404k | €378k | €467k | €413k |
| Contributions / capital | 10/11 | €165k | €150k | €150k | €150k | €150k |
| Reserves | 13 | €303k | €318k | €318k | €318k | €211k |
| Accumulated profits (losses) | 14 | €-192k | €-63k | €-90k | €0 | €52k |
| Provisions & deferred taxes | 16 | - | - | €0 | €83k | €83k |
| Amounts payable | 17/49 | €369k | €281k | €295k | €895k | €977k |
| Amounts payable after one year | 17 | €72k | €106k | €109k | €693k | €751k |
| Amounts payable within one year | 42/48 | €292k | €167k | €105k | €193k | €224k |
| Trade debts payable within one year | 44 | €212k | €106k | €34k | €74k | €64k |
| Income statement | ||||||
| Gross operating margin | 9900 | €41k | €222k | €176k | €361k | €433k |
| Operating result | 9901 | €-115k | €42k | €-51k | €103k | €213k |
| Financial income | 75 | €629 | €74 | €35 | €40 | €48 |
| Financial charges | 65 | €14k | €15k | €39k | €36k | €38k |
| Result before taxes | 9903 | €-129k | €27k | €-90k | €67k | €175k |
| Income taxes | 67/77 | - | - | €89 | €13k | €40k |
| Net result for the period | 9904 | €-129k | €27k | €-90k | €55k | €135k |
| Result to be appropriated | 9905 | €-129k | €27k | €-90k | €55k | €135k |
-
SRB DISTRIBUTION SALegal entityDirector (executive)State Gazette act 22092972 (02-08-2022)Current15-07-2022 → present
Former directors (2)
-
Judith LEROYDirector (executive)State Gazette act 22092972 (02-08-2022)Former- → 15-07-2022
-
Noël LOTINDirector (executive)State Gazette act 22092972 (02-08-2022)Former- → 15-07-2022
| NACE primary | Retail sale of newspapers and periodicals(47621) |
| Legal form | Private limited company(610) |
| Incorporation | 26-02-1988 |
| Status | Active |
| Postal code | 5021 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92017B0126/00T000 | Wallonia | 953 m² | 1 · 115 m² | - |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-08-2022 All shares are now held by a single shareholder
Technical details
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}| Legal nameFR | NHT Distribution |