SPECTRA DISTRIBUTION

Active

Private limited companyfounded 20242 yrs activeEdward Anseelestraat 26, 3920 Lommel, BelgiumKBO/BCE: BE 1005.762.712

Summary

The computed 12-month bankruptcy probability of SPECTRA DISTRIBUTION is 11.1% (high). The 2025 annual accounts show equity of €41,738 and a net result of -€27,924. Its solvency ranks better than 25% of 9629 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

SPECTRA DISTRIBUTIONActiveChecked score 29/100

Risk analysis Report Compare

Activity

Wholesale of beverages, general range

NACE 46349

2 sites

Size

€224,747total assets 2025

Equity: €41,738
Loss: -€27,924

Turnover not published (abridged schema)

Financial health

29 Weak Checked score 2025

Bankruptcy chance 12 m: 11.1%

Structure

Largest shareholder: All-Time High · 33.33%

Accounts filed 27 d late2 of 4 deeds read

Why 29- 2 changes of registered office in 24 months- Founded in 2024- Liquidity: current ratio 1.10- 2 establishment unitsShow the evidence

Checked score

Score 2025

29 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 17% of its sector peers (NACE 46, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 44-41

equity 18.6% of total assets

Liquidity 11-51

short-term debt 81.0%

Profitability 3-92

return on assets -12.4%

Bankruptcy probability, 12 months

11.1% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,865 companies)

Last 24 months 03-2025: 3.6%lowest value 04-2025: 3.7%▲ +2.3% vs 03-2025 05-2025: 3.8%▲ +1.8% vs 04-2025 06-2025: 4.3%▲ +13.8% vs 05-2025 07-2025: 4.9%▲ +14.4% vs 06-2025 08-2025: 5.3%▲ +8.9% vs 07-2025 09-2025: 4.6%▼ -13.7% vs 08-2025 10-2025: 4.7%▲ +2.2% vs 09-2025 11-2025: 4.7%● 0.0% vs 10-2025 12-2025: 4.7%▲ +0.6% vs 11-2025 01-2026: 4.8%▲ +1.1% vs 12-2025 02-2026: 4.9%▲ +2.9% vs 01-2026 03-2026: 4.9%● 0.0% vs 02-2026 04-2026: 5.7%▲ +15.7% vs 03-2026 05-2026: 11.6%▲ +103% vs 04-2026 06-2026: 11.7%▲ +1.1% vs 05-2026 07-2026: 11.7%● 0.0% vs 06-2026 08-2026: 12.1%▲ +3.4% vs 07-2026highest value 09-2026: 11.2%▼ -7.2% vs 08-2026 10-2026: 11.1%▼ -0.8% vs 09-2026

2 changes of registered office in 24 months raises the probability
Founded in 2024 raises the probability for this profile
Liquidity: current ratio 1.10 raises the probability
2 establishment units raises the probability

Credit up to €1,000 at 30 days only on tighter terms

Liquidity tight (current ratio 1.1 against 2.43 in 2024; short-term debt: 81% of total assets), and 81.4% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 30%, liquidity 12%, profitability 13%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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. The signal on the left, the evidence on the right.

+raises risk○neutral

2 changes of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Founded in 2024

In the bankruptcy model this factor raises the probability for this profile.

KBO

Liquidity: current ratio 1.10

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

2 establishment units

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 9629 sector peers (2025).

NBB · sector comparison

Position among 9629 sector peers

Solvency

better than 25%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 2 filings

Deviation from the deadline

2025

27 d late

2024

5 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

06-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

27-08-26 Annual accounts filedfiscal year 2025 · abbreviated…
22-06-26 Statutes amendmentState Gazette act
09-04-26 Registered officeRegistered-office move · Power of…

Key points

Caution: From profit to loss in 2025after €24,662 in 2024 -€27,924 View
Caution: Among the weakest 14% on net resultsector median €27,332 · 9,607 companies -€27,924 View
Total assets 20252 fiscal years filed €224,747 View