SOCIETE THUDINIENNE DE DISTRIBUTION
ActiveSOCIETE THUDINIENNE DE DISTRIBUTION has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €474k and a net result of €55k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 90% of 6538 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-5
Solvency100▲+4
Growth67=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 3.92 against 3.07 in 2023; short-term debt: 22.9% and cash: 18.3% of total assets), and 22.9% 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 47
Relative position
BE, all sectors
reference
Sector 47
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77.1%
Return on assets
9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
12 d early
2022
12 d early
2021
29 d late
2020
30 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€4.54M▲ 6.0%
2023 · €4.29M
2018: €3.63M
2019: €3.52M
2020: €2.79M
2021: €3.60M
2022: €4.85M
2023: €4.29M
2018 → 2024
EBIT margin
2.1%▼ 0.7pp
2023 · 2.8%
2018: 1.8%
2019: 2.5%
2020: 3.0%
2021: 3.9%
2022: 3.1%
2023: 2.8%
2018 → 2024
Net result
€55k▼ 34.5%
2023 · €84k
2018: €42k
2019: €54k
2020: €56k
2021: €86k
2022: €104k
2023: €84k
2018 → 2024
Working capital
€412k▲ 3.1%
2023 · €399k
2018: €25k
2019: €82k
2020: €152k
2021: €236k
2022: €292k
2023: €399k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.79M-€3.60M▲ 29.1%€4.85M▲ 34.7%€4.29M▼ 11.6%€4.54M▲ 6.0%
Equity€244k-€330k▲ 35.4%€384k▲ 16.5%€469k▲ 21.9%€474k▲ 1.1%
Operating result€85k-€140k▲ 65.1%€148k▲ 5.8%€121k▼ 18.5%€95k▼ 21.5%
Net result€56k-€86k▲ 54.0%€104k▲ 21.2%€84k▼ 19.3%€55k▼ 34.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 21% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €615k
Fixed assets
€62k▼ 10.6%
Current assets
€553k▼ 6.7%
Equity and liabilities €615k
Equity
€474k▲ 1.1%
Debt
€141k▼ 26.9%
The debt ratio falls from 29.1% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▼
2023 · €144k
Cash flow
€70k▼
2023 · €108k
Solvency
77.1%▲
2023 · 70.9%
Current ratio
3.92▲
2023 · 3.07
Quick ratio
3.05▲
2023 · 2.52
Debt / equity
0.30▼
2023 · 0.41
ROE
11.7%▼
2023 · 18.0%
ROA
9.0%▼
2023 · 12.7%
Interest coverage
10.87▼
2023 · 17.33
Debt
€141k▼
2023 · €193k
Debt ≤ 1 year
€141k▼
2023 · €193k
Income taxes
€29k▲
2023 · €28k
Staff costs
€72k▼
2023 · €79k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€661k€615k▼
Fixed assets21/28€69k€62k▼
Tangible fixed assets22/27€68k€60k▼
Land and buildings22€53k€43k▼
Plant, machinery and equipment23€14k€17k▲
Leasing and similar rights25€0€0=
Financial fixed assets28€2k€2k▲
Current assets29/58€592k€553k▼
Stocks and contracts in progress3€107k€123k▲
Stocks30/36€107k€123k▲
Amounts receivable within one year40/41€344k€315k▼
Trade receivables40€337k€295k▼
Other amounts receivable41€7k€21k▲
Cash at bank and in hand54/58€137k€113k▼
Deferred charges and accrued income490/1€4k€963▼
Equity and liabilities
Total equity and liabilities10/49€661k€615k▼
Equity10/15€469k€474k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€448k€453k▲
Amounts payable17/49€193k€141k▼
Amounts payable within one year42/48€193k€141k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€6k€8k▲
Credit institutions430/8€6k€8k▲
Trade debts44€168k€75k▼
Suppliers440/4€168k€75k▼
Taxes, remuneration and social security45€19k€8k▼
Taxes450/3€8k-
Remuneration and social security454/9€11k€8k▼
Other amounts payable47/48-€50k
Income statement
Code20232024
Turnover70€4.29M€4.54M▲
Goods, raw materials, services and sundry goods60/61€4.06M€4.33M▲
Remuneration, social security and pensions62€79k€72k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€15k▼
Other operating charges640/8€15k€30k▲
Gross operating margin9900€238k€212k▼
Operating profit (loss)9901€121k€95k▼
Financial income75/76B€15€17▲
Recurring financial income75€15€17▲
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€10k▲
Profit (loss) for the period before taxes9903€112k€85k▼
Income taxes67/77€28k€29k▲
Profit (loss) for the period9904€84k€55k▼
Profit (loss) for the period to be appropriated9905€84k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€448k€504k▲
Profit (loss) brought forward from the previous period14P€364k€448k▲
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
27-08
State Gazette act
Resignations & appointmentsGeneral meeting · Approval · Director discharge7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Approval · Director discharge7 facts ▸
- General meeting, 2026-06-20
- Approval, 2025-12-31
- Director discharge, Giovanni FADEL (gérant)
- Auditor appointment, REMON & CO (commissaire)
- Permanent representative, Christophe REMON (Réviseur d'Entreprises)
- Profit distribution, 2025-12-31, 50.000,00 €
- Auditor remuneration, 5.750,00 €, hors TVA, débours et cotisations dues à l'Institut des Réviseurs d'Entreprises
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €104k ▲21.2%
Operating result €148k, net result €104k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Equity above €200kEq €244k ▲29.8%
3 profitable years in a row build equity to €244k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 27 days late
2019
31-12
Financial
Equity above €150kEq €188k ▲40%
2 profitable years in a row build equity to €188k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Thuin · 3 establishment units since 2004
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.
Avenue DELI XL 86530 ThuinGround area
5,213 m²
Building footprint
2,201 m²
Parcel 92121B0538/00P002, Wallonia. Linked by address, not a title deed.
3 establishment units
Société Thudinienne de Distribution
since 20042.144.386.819
Pré des Haz(TAM) 10, 5060 Sambreville
since 20082.250.576.875
Rue des Fours à coke 5, 6530 Thuin
since 20112.250.576.974
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92121B0538/00P002 | Wallonia | 5,213 m² | 1 · 2,201 m² | - |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| REMON & COCurrent Commissaire · represented by Christophe REMON | 01-01-2026 → present |
Similar companies · same sector, comparable size
SUNSET
BE 0434.309.679
Estaimpuis · Eq €471k
VERBIESE
BE 0405.467.918
Ieper · Eq €471k
ETABLISSEMENTS ERIC WANSART
BE 0453.570.317
Vielsalm · Eq €471k
DIFLOR
BE 0437.634.702
Chiny · Eq €471k
ZWAKHOVEN
BE 0474.494.108
As · Eq €471k
Of 1,266 companies in sector 47300 we hold annual accounts for 946. 664 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-08-2004
Fiscal year end31-12
Abbreviation FR
SO.THU DI
Activities, NACEBEL
47300Retail sale of automotive fuel
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.