SV DISTRIBUTION
ActiveSummary
The computed 12-month bankruptcy probability of SV DISTRIBUTION is 3.5% (moderate). The 2024 annual accounts show equity of €62,814 and a net result of €18,233. Equity is growing by ~34.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 26049 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability78▲+5
Solvency50▼-3
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.29 against 1.42 in 2023; short-term debt: 74.6% and cash: 0% of total assets), and 74.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
25.4%
Return on assets
7.4%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-12-2025, 143 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
143 d late
2023
212 d late
2022
105 d late
2021
240 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 175 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€62,814▲ 40.9%
2023 · €44,581
Total assets
€247,489▲ 52.7%
2023 · €162,099
Net result
€18,233▲ 47.4%
2023 · €12,370
Working capital
€52,814▲ 18.0%
2023 · €44,741
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€19,649-€18,161▼ 7.6%€21,676▲ 19.4%€24,214▲ 11.7%
Net result€14,909within the sector's middle half-€12,302within the sector's middle half▼ 17.5%€12,370within the sector's middle half▲ 0.5%€18,233within the sector's middle half▲ 47.4%
Equity€19,909within the sector's middle half-€32,212within the sector's middle half▲ 61.8%€44,581within the sector's middle half▲ 38.4%€62,814within the sector's middle half▲ 40.9%
Total assets€149,630within the sector's middle half-€140,973within the sector's middle half▼ 5.8%€162,099within the sector's middle half▲ 15.0%€247,489within the sector's middle half▲ 52.7%
Debt€129,721-€108,761▼ 16.2%€117,518▲ 8.1%€184,675▲ 57.1%
Working capital-€14,211below the sector's middle half-€1,550within the sector's middle half€44,741within the sector's middle half▲ 2,786%€52,814within the sector's middle half▲ 18.0%
Solvency13.3%within the sector's middle half-22.8%within the sector's middle half▲ 9.5pp27.5%within the sector's middle half▲ 4.7pp25.4%within the sector's middle half▼ 2.1pp
Current ratio0.88below the sector's middle half-1.02within the sector's middle half▲ 0.141.42within the sector's middle half▲ 0.401.29within the sector's middle half▼ 0.13
Return on assets (ROA)10.0%within the sector's middle half-8.7%within the sector's middle half▼ 1.2pp7.6%within the sector's middle half▼ 1.1pp7.4%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247,489
Fixed assets
€10,000 ▼ 5.1%
Current assets
€237,489 ▲ 56.7%
Equity and liabilities €247,489
Equity
€62,814 ▲ 40.9%
Debt
€184,675 ▲ 57.1%
Debt's share of the balance-sheet total rises from 72.5% to 74.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,748▲
2023 · €22,068
Cash flow
€18,767▲
2023 · €12,762
Quick ratio
1.28▼
2023 · 1.41
Debt to equity
2.94▲
2023 · 2.64
ROE
29.0%▲
2023 · 27.7%
Interest coverage
60.29▲
2023 · 5.35
Debt ≤ 1 year
€184,675▲
2023 · €106,824
Income taxes
€5,612▲
2023 · €5,187
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,706 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,706 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,248 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,157 | €7,627 | €392 | €534 | ▲ 36.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,240 | €0 | - | - |
| Other operating charges640/8 | €136 | €1,174 | €300 | - | - |
| Non-recurring operating charges66A | - | - | €16,080 | - | - |
| Gross operating margin9900 | €22,943 | €28,203 | €38,448 | €24,748 | ▼ 35.6% |
| Operating profit (loss)9901 | €19,649 | €18,161 | €21,676 | €24,214 | ▲ 11.7% |
| Financial income75/76B | €72 | €9 | €2 | €42 | ▲ 1,985% |
| Recurring financial income75 | €72 | €9 | €2 | €42 | ▲ 1,985% |
| Financial charges65/66B | €625 | €401 | €4,122 | €410 | ▼ 90.0% |
| Recurring financial charges65 | €625 | €401 | €4,122 | €410 | ▼ 90.0% |
| Profit (loss) for the period before taxes9903 | €19,096 | €17,769 | €17,557 | €23,845 | ▲ 35.8% |
| Income taxes67/77 | €4,187 | €5,467 | €5,187 | €5,612 | ▲ 8.2% |
| Profit (loss) for the period9904 | €14,909 | €12,302 | €12,370 | €18,233 | ▲ 47.4% |
| Profit (loss) for the period to be appropriated9905 | €14,909 | €12,302 | €12,370 | €18,233 | ▲ 47.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €149,630 | €140,973 | €162,099 | €247,489 | ▲ 52.7% |
| Fixed assets21/28 | €48,983 | €41,355 | €10,534 | €10,000 | ▼ 5.1% |
| Tangible fixed assets22/27 | €40,283 | €32,655 | €1,834 | €1,300 | ▼ 29.1% |
| Furniture and vehicles24 | €37,497 | €29,955 | €658 | €382 | ▼ 41.9% |
| Other tangible fixed assets26 | €2,785 | €2,700 | €1,176 | €918 | ▼ 22.0% |
| Financial fixed assets28 | €8,700 | €8,700 | €8,700 | €8,700 | = |
| Current assets29/58 | €100,648 | €99,618 | €151,565 | €237,489 | ▲ 56.7% |
| Stocks and contracts in progress3 | €29,497 | €21,458 | €1,000 | €1,000 | = |
| Stocks30/36 | €29,497 | €21,458 | €1,000 | €1,000 | = |
| Amounts receivable within one year40/41 | €65,148 | €76,210 | €149,324 | €233,535 | ▲ 56.4% |
| Trade receivables40 | €11,248 | €21,192 | €83,694 | €29,626 | ▼ 64.6% |
| Other amounts receivable41 | €53,900 | €55,018 | €65,629 | €203,909 | ▲ 211% |
| Cash at bank and in hand54/58 | €5,625 | €0 | - | €82 | - |
| Deferred charges and accrued income490/1 | €378 | €1,950 | €1,241 | €2,872 | ▲ 131% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €149,630 | €140,973 | €162,099 | €247,489 | ▲ 52.7% |
| Equity10/15 | €19,909 | €32,212 | €44,581 | €62,814 | ▲ 40.9% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | €12,302 | €12,302 | €12,302 | = |
| Distributable reserves133 | - | €12,302 | €12,302 | €12,302 | = |
| Profit (loss) carried forward14 | €14,909 | €14,909 | €27,279 | €45,512 | ▲ 66.8% |
| Amounts payable17/49 | €129,721 | €108,761 | €117,518 | €184,675 | ▲ 57.1% |
| Amounts payable after more than one year17 | €14,862 | €10,694 | €10,694 | - | - |
| Financial debts170/4 | €14,862 | €10,694 | €10,694 | - | - |
| Amounts payable within one year42/48 | €114,859 | €98,067 | €106,824 | €184,675 | ▲ 72.9% |
| Current portion of amounts payable after more than one year42 | €4,107 | €4,168 | €5,852 | €7,067 | ▲ 20.8% |
| Financial debts43 | - | €4,906 | €14,483 | €16,113 | ▲ 11.3% |
| Credit institutions430/8 | - | €4,906 | €14,483 | €16,113 | ▲ 11.3% |
| Trade debts44 | €4,098 | €42,857 | €70,913 | €125,111 | ▲ 76.4% |
| Suppliers440/4 | €4,098 | €42,857 | €70,913 | €125,111 | ▲ 76.4% |
| Taxes, remuneration and social security45 | €6,712 | €12,474 | €11,771 | €17,383 | ▲ 47.7% |
| Taxes450/3 | €6,712 | €12,474 | €11,771 | €17,383 | ▲ 47.7% |
| Other amounts payable47/48 | €99,942 | €33,662 | €3,805 | €19,000 | ▲ 399% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,909 | €12,302 | €12,370 | €18,233 | ▲ 47.4% |
| + Depreciation and write-downs630 | €3,157 | €7,627 | €392 | €534 | ▲ 36.3% |
| Operating cash flow (approximation) | €18,067 | €19,930 | €12,762 | €18,767 | ▲ 47.1% |
| Investment in fixed assets (approximation) | - | €0 | €30,429 | €0 | ▼ 100% |
| Change in cash | - | -€5,625 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 143 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 212 days late
2024
31-12
Financial
Highest result since 2021net €18,233 ▲47.4%
Operating result €24,214, net result €18,233, both a record.
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 105 days late
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 240 days late
2022
31-12
Financial
Weakest financial yearnet €12,302 ▼17.5%
Net result drops to €12,302, the lowest in the series; recovery starts the following year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem
Ground area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
295
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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AUTOBEDRIJF FBR
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BEULER AUTOMOTIVE
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Of 10,664 companies in sector 47811 we hold annual accounts for 5,226. 3,437 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95315Tyre services
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0760416355
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.