Skip to content
Checked.be
Complete company report
Generated 12-08-2026
Active BE 0598.734.478Private limited company (pre-2019)Open bankruptcy

SL DISTRIBUTION

· 11 yrs active
Conclusion Checked

A bankruptcy procedure is open for SL DISTRIBUTION according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €55k and a net result of €41k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €55k
Net result €41k
Staff (FTE) 1.9
Active 11 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health23Profitability100Solvency100Growth85Stability0
62 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 23
Profitability 100
Solvency 100
Growth 85
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2020 · computed
23 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview6 NBB filings
Annual accounts filed on 02-12-2021 with the NBB · fiscal year 2020 · micro
€0€50k€100k€150k€200kRevenue 2018: €89k€89kOperating result 2018: €616€616Net result 2018: €1k€1kRevenue 2019: €58k€58kOperating result 2019: €14k€14kNet result 2019: €14k€14kRevenue 2020: €179k€179kOperating result 2020: €29k€29kNet result 2020: €41k€41k201820192020
RevenueOperating resultNet result
Revenue
€179k
+207.2% 18-20
EBITDA
€1k
- 18-20
Net profit
€41k
+193.0% 18-20
Cash flow
€2k
- 18-20
Total assets
€82k
+164.7% 18-20
Equity
€55k
+95.7% 18-20
Working capital
€53k
+92.6% 18-20
Employees (FTE)
2
- 18-20
Income taxes
€2k
+218.0% 18-20
Debt
€26k
+913.7% 18-20
Debt ≤ 1y
€26k
+913.7% 18-20
Current ratio
3.02
-74.0% 18-20
Quick ratio
3.02
-74.0% 18-20
Solvency
67.7%
-26.0% 18-20
ROE
74.3%
+49.7% 18-20
ROA
50.3%
+10.7% 18-20
Net margin
23.0%
-4.6% 18-20
EBITDA margin
1.2%
- 18-20
Figures by fiscal year
Fiscal year2020
Depositmicro
Revenue€179k
EBITDA-
Net profit€41k
Cash flow-
Staff costs-
Income taxes€2k
Dividends-
Total assets€82k
Equity€55k
Debt€26k
of which ≤ 1y€26k
of which > 1y-
Working capital€53k
Employees (FTE)1.9
Ratios (computed)
2020
Current ratio3.02
Quick ratio3.02
Working capital ratio65.2%
Solvency67.7%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin23.0%
ROA50.3%
ROE74.3%
EBITDA margin-
Days sales outstanding15d
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€82k
Fixed assets 21/28€2k
Tangible fixed assets 22/27€1k
Financial fixed assets 28€600
Current assets 29/58€80k
Amounts receivable within one year 40/41€7k
Cash & bank 54/58€72k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€82k
Equity 10/15€55k
Reserves 13€2k
Accumulated profits (losses) 14€41k
Amounts payable 17/49€26k
Amounts payable within one year 42/48€26k
Trade debts payable within one year 44€5k
Income statement
Turnover 70€179k
Gross operating margin 9900€75k
Operating result 9901€29k
Financial income 75€2
Financial charges 65€497
Result before taxes 9903€29k
Income taxes 67/77€2k
Net result for the period 9904€27k
Result to be appropriated 9905€27k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • MURTAZA Umar
    Director
    State Gazette act 22050874 (21-04-2022)
    Current
    21-04-2022 → present
Former directors (1)
  • AHMADZAI Basir
    Director
    State Gazette act 22050874 (21-04-2022)
    Former
    - → 21-04-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator CATHéRINE LANNOY
MECHELSESTEENWEG 271/8.1, 2018 ANTWERPEN 1
 27-10-2022 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation17-02-2015
StatusActive
Postal code-
First BS signal 04-11-2022
Latest BS signal 04-11-2022
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1183/00Z002 Flanders 1,776 m² 1 · 2,191 m² 48.3 m · 14 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
04-11-2022
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SL DISTRIBUTION BVBA HOVENIERSSTRAAT 55/44, 2018 ANTWERPEN 1 · event 27-10-2022
12-05-2022
State Gazette act Registered-office change
21-04-2022
State Gazette act Capital & shares
10-02-2022
State Gazette act Capital & shares
2021
02-12-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
30-09-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
12-09-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
07-11-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
08-05-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
31-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Lifecycle & Insolvency Signals 1 events
04-11-2022
Bankruptcy Opening
Date: 27-10-2022 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · SL DISTRIBUTION BVBA HOVENIERSSTRAAT 55/44, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-11-04 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 3 acts
Capital history · 2
21-04-2022
Capital change
10-02-2022
Capital change
Address history · 1
12-05-2022
Registered-office move
All acts · 3 updated 4 years ago
2022
12-05-2022 Registered office moved from Evere to Antwerpen Registered-office change
  • Kolonel Bourgstraat 127/129 -1140 Evere → Hovenierstraat 55 Bte 44 - 2018 Antwerpen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Hovenierstraat 55 Bte 44 - 2018 Antwerpen",
        "city": "Antwerpen",
        "region": "vlaams_gewest",
        "street": "Hovenierstraat",
        "country": "BE",
        "postcode": "2018",
        "box_number": "44",
        "street_number": "55",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Kolonel Bourgstraat 127/129 -1140 Evere",
        "city": "Evere",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Kolonel Bourgstraat",
        "country": "BE",
        "postcode": "1140",
        "box_number": null,
        "street_number": "127/129",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": true,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": null,
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": true,
      "effective_date_is_approximate": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-05-12",
    "filing_date": "2022-05-05",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "date": "2022-03-01",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0598.734.478",
    "name_full": "SL DISTRIBUTION",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "MURTAZA Umar",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
21-04-2022 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Mijnheer MURTAZA Umar",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-04-21",
    "filing_date": "2022-04-13",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2022-02-05",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0598.734.478",
    "name_full": "SL DISTRIBUTION",
    "legal_form": "B.V.",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Mijnheer MURTAZA Umar",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Mijnheer AHMADZAI Basir",
      "role": null,
      "n_shares": null,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
10-02-2022 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": "97.02.28-601.28",
          "kind": "person",
          "name": "AHMADZAI Basir",
          "share_class": null,
          "liberation_pct": 100.0,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-02-10",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "act_date": "2022-02-01",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2022-02-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0598.734.478",
    "name_full": "SL DISTRIBUTION",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": 100.0,
      "kind": "person",
      "name": "AHMADZAI Basir",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR SL DISTRIBUTION
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative