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Generated 24-07-2026
Active BE 0721.986.143Private limited company (pre-2019)

SO DISTRIBUTION

Paul De Mertenlaan 10 ·1090 Jette, Belgium· 7 yrs active
Sector: Land transport (49330)
Conclusion Checked

The computed 12-month bankruptcy probability of SO DISTRIBUTION is 8.3% (elevated). The 2024 annual accounts show equity of €21k and a net result of €-193. Equity is growing by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 2235 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.
Key figures
Equity €21k
Net result €-193
Better than sector 83%
Active 7 yrs
Snowflake analysis 5 axes · computed by Checked
Health65Profitability0Solvency83Growth42Stability100
58 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 65
Profitability 0
Solvency 83
Growth 42
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
8.3% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
65 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview5 NBB filings
Annual accounts filed on 23-10-2025 with the NBB · fiscal year 2024 · micro
€-10k€0€10k€20kRevenue 2019: €21k€21kOperating result 2019: €182€182Net result 2019: €97€97Revenue 2021: €16k€16kOperating result 2021: €1k€1kNet result 2021: €1k€1kRevenue 2022: €19k€19kOperating result 2022: €2k€2kNet result 2022: €1k€1kOperating result 2023: €8k€8kNet result 2023: €8k€8kOperating result 2024: €-124€-124Net result 2024: €-193€-19320192021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~22.9%/year over 5 fiscal years, indicative, assuming unchanged policy.
€0€10k€20k€30k2025: €25k (€23k - €26k)2026: €28k (€26k - €29k)2027: €31k (€29k - €32k)2019: €6k2021: €12k2022: €13k2023: €22k2024: €21k20192021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2024 · NACE 49, Land transport · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 62.6% 27.4%
better than 83% of 2235 sector peers
Net result €-193 €6k
better than 31% of 2219 sector peers
Equity €21k €17k
better than 56% of 2241 sector peers
Gross operating margin €8k €28k
better than 25% of 2208 sector peers
Total assets €34k €65k
better than 29% of 2236 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€19k
+24.2% -69% vs sector
EBITDA
€7k
- -19% vs sector
Net profit
€-193
- far below sector median
Cash flow
€7k
- -22% vs sector
Total assets
€34k
-25.3% +10% vs sector
Equity
€21k
-0.9% +2% vs sector
Working capital
€4k
-82.6% far above sector median
Debt
€13k
-47.1% +5% vs sector
Debt ≤ 1y
€13k
-47.1% +5% vs sector
Current ratio
1.29
-31.7% +52% vs sector
Quick ratio
1.29
-31.7% +68% vs sector
Solvency
62.6%
+32.6% +3% vs sector
Debt / equity
0.60
-46.6% +33% vs sector
ROE
-0.9%
- far below sector median
ROA
-0.6%
- far below sector median
Net margin
7.2%
-2.1% -28% vs sector
Interest coverage
98.41
- far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€7k
Net profit€-193
Cash flow€7k
Staff costs-
Income taxes-
Dividends-
Total assets€34k
Equity€21k
Debt€13k
of which ≤ 1y€13k
of which > 1y-
Working capital€4k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.29
Quick ratio1.29
Working capital ratio11.0%
Solvency62.6%
Debt / equity0.60
Long-term debt ratio-
Interest coverage98.41
Gross margin-
Net margin-
ROA-0.6%
ROE-0.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€34k
Fixed assets 21/28€18k
Tangible fixed assets 22/27€18k
Current assets 29/58€17k
Amounts receivable within one year 40/41€14k
Cash & bank 54/58€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€34k
Equity 10/15€21k
Contributions / capital 10/11€6k
Reserves 13€289
Accumulated profits (losses) 14€15k
Amounts payable 17/49€13k
Amounts payable within one year 42/48€13k
Trade debts payable within one year 44€9k
Income statement
Gross operating margin 9900€8k
Operating result 9901€-124
Financial charges 65€68
Result before taxes 9903€-193
Net result for the period 9904€-193
Result to be appropriated 9905€-193
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Land transport(49330)
Legal form Private limited company (pre-2019)(015)
Incorporation07-03-2019
StatusActive
Postal code1090
Establishment units 2 locations
Mechelsestraat 8, 1840 Londerzeel
Goederenvervoer per spoor
since 20192.287.274.747
SO DISTRIBUTION
Paul De Mertenlaan 10, 1090 JetteGoederenvervoer per spoor
since 20232.355.386.464
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
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 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23045E0033/00B000 Flanders 279 m² 1 · 230 m² 10.1 m · 3 fl.
21464E0001/00N015 Brussels 236 m² 1 · 133 m² 15.8 m · 3 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 8 events

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

2025
23-10-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
18-06-2025
State Gazette act Capital & shares
2024
30-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
19-10-2023
State Gazette act Registered-office change
30-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
07-06-2023
State Gazette act Capital & shares
2022
17-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
19-05-2021
NBB filing Annual accounts filed
fiscal year 2019 · micro
Belgisch Staatsblad, acts 3 acts
Capital history · 2
18-06-2025
Capital change
07-06-2023
Capital change
Address history · 1
19-10-2023
Registered-office move
All acts · 3 updated 1 year ago
2025
18-06-2025 Transaction in capital or shares Capital & shares
Technical details 
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    "name": null,
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    "firm_name": null,
    "office_city": "Jette",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-06-18",
    "filing_date": "2025-06-11",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2025-06-09",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-06-09"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0721.986.143",
    "name_full": "SO DISTRIBUTION",
    "legal_form": "Soci\u00E9t\u00E9 Priv\u00E9e \u00E0 Responsabilit\u00E9 Limit\u00E9e",
    "is_foreign_registered": false
  },
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  "co_filed_documents": [],
  "shareholders_after": [],
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}
2023
19-10-2023 Registered office moved from LONDERZEEL to JETTE Registered-office change
  • MECHELSESTRAAT 8/2.01 1840 LONDERZEEL → PAUL DE MARTEN LAAN 10, 1090 JETTE
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "PAUL DE MARTEN LAAN 10, 1090 JETTE",
        "city": "JETTE",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "PAUL DE MARTEN LAAN",
        "country": "BE",
        "postcode": "1090",
        "box_number": null,
        "street_number": "10",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "MECHELSESTRAAT 8/2.01 1840 LONDERZEEL",
        "city": "LONDERZEEL",
        "region": "vlaams_gewest",
        "street": "MECHELSESTRAAT",
        "country": "BE",
        "postcode": "1840",
        "box_number": "2.01",
        "street_number": "8",
        "locality_suffix": null
      },
      "effective_date": "2023-05-24",
      "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": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": true,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2023-10-19",
    "filing_date": "2023-10-11",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2023-05-24",
    "unanimous": true
  },
  "subject_company": {
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    "name_full": "SO DISTRIBUTION",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
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    "org_name": null,
    "person_name": "BENAISSA HOSSAM EDDINE",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
07-06-2023 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",
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      "subscribers": [
        {
          "kbo": null,
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          "share_class": null,
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          "n_shares_subscribed": 100,
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        }
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      "decrease_purpose": null,
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      "subscribers": [
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          "kind": "person",
          "name": "BENAISSA SAAD",
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          "n_shares_subscribed": null,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
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      "not_yet_called_eur": null,
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      "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": null,
    "filing_date": "2023-05-30",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-05-23",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-05-24"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0721.986.143",
    "name_full": "SO DISTRIBUTION",
    "legal_form": "BV",
    "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": "BENAISSA HOSSAM EDDINE",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
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    }
  ],
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}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Exploitatie van taxi's49320Diensten voor personenvervoer op aanvraag per voertuig met chauffeur49330Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Personenvervoer te land binnen steden of voorsteden49310Personenvervoer over de weg volgens dienstregeling49310Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410
Primary activity highlighted.
Names & trade names
Legal nameNL SO DISTRIBUTION
Registered office
Paul De Mertenlaan 10
1090 Jette, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
ALRAHA BE 0457.577.011 · Jette
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CARRO - PIECES BE 0415.872.652 · Jette
Dena BE 0446.415.576 · Jette
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative