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Tongda Distribution

Active
Private limited companyfounded 20215 yrs activeAéroport de Liège 52, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0768.265.734
Summary

The computed 12-month bankruptcy probability of Tongda Distribution is 8.0% (elevated). The 2024 annual accounts show equity of €51,550 and a net result of €82,039. Equity is growing by ~76.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 1305 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
Tongda DistributionActiveChecked score 34/100
Risk analysis ReportCompare

Overview

Activity
Warehousing and storage
NACE 52100Logistics services NACE 52250NACE 52290
1 site
Size
€1.2mtotal assets 2024
Staff
4.1 FTE
Equity
€51,550
Profit
€82,039
Financial health
34 Weak Checked score 2024
Bankruptcy chance 12 m
8.0%
Structure
Board
1 member
Accounts 67 d overdue1 of 4 deeds read
Why 34- 1 financial year not filed after the legal deadline; latest accounts 273 days late; 3 of the last 3 late- Sector Warehousing and support activities for transportation (NACE 52)- Equity €51,550 (4.5% of total assets)- Figures for FY 2024 (filed 04-05-2026)Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 45% of its sector peers (NACE 52, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 29+8
equity 4.5% of total assets
Liquidity 4-7
short-term debt 95.5% · cash 3.0%
Profitability 78+65
return on assets 7.1%
Bankruptcy probability, 12 months
8.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,293 companies)
Last 24 months 11-2024: 16.5%highest value 12-2024: 11.8%▼ -28.1% vs 11-2024 01-2025: 5.5%▼ -53.9% vs 12-2024 02-2025: 5.5%● 0.0% vs 01-2025 03-2025: 5.5%● 0.0% vs 02-2025 04-2025: 6.5%▲ +18.4% vs 03-2025 05-2025: 7.2%▲ +11.5% vs 04-2025 06-2025: 7.7%▲ +6.7% vs 05-2025 07-2025: 3.9%▼ -48.8% vs 06-2025lowest value 08-2025: 4.5%▲ +15.1% vs 07-2025 09-2025: 4.6%▲ +1.5% vs 08-2025 10-2025: 5.0%▲ +8.2% vs 09-2025 11-2025: 5.1%▲ +2.1% vs 10-2025 12-2025: 5.5%▲ +8.1% vs 11-2025 01-2026: 7.4%▲ +35.1% vs 12-2025 02-2026: 7.5%▲ +0.5% vs 01-2026 03-2026: 7.5%● 0.0% vs 02-2026 04-2026: 6.8%▼ -8.8% vs 03-2026 05-2026: 6.9%▲ +1.8% vs 04-2026 06-2026: 7.1%▲ +2.2% vs 05-2026 07-2026: 7.1%▲ +0.8% vs 06-2026 08-2026: 7.5%▲ +4.3% vs 07-2026 09-2026: 7.3%▼ -2.1% vs 08-2026 10-2026: 8.0%▲ +9.2% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 273 days late; 3 of the last 3 late raises the probability
  • Sector Warehousing and support activities for transportation (NACE 52) raises the probability
  • Equity €51,550 (4.5% of total assets) raises the probability
  • Figures for FY 2024 (filed 04-05-2026) raises the probability
Credit up to €1,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.97 against 0.86 in 2023; short-term debt: 95.5% and cash: 3% of total assets), and 95.5% 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 52, micro). Better than this share of them on solvency 16%, liquidity 5%, profitability 60%, growth against the median 96%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. 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.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 273 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Warehousing and support activities for transportation (NACE 52)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Equity €51,550 (4.5% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 04-05-2026)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1305 sector peers (2024).
NBB · sector comparison
Position among 1305 sector peers
Solvency
better than 18%
← weakest strongest →
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 30-04-2026, 273 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
273 d late
2023
99 d late
2022
85 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 152 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Resignation: Huang Yingpei (director)Appointment: LIU Xuling (director)
  3. Back to profitnet €82,039

Key points

  • Positive: Back in profit in 2024after -€35,246 in 2023 €82,039 View
  • Caution: Accounts not fileddeadline was 31-07-2026 67 d late View
  • Caution: Among the weakest 18% on solvencysector median 42.4% · 1,305 companies 4.5% View
  • Caution: Board changedlatest change 20-11-2025 · 1 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2024
Total assets
€1.2m
Profit
€82,039
Solvency
4.5%
Total assets▲ 50.3%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2023
  1. 30-04-2026Annual accounts filed
  2. 20-11-2025Resignation: Huang Yingpei (director)
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Warehousing and storageNACE 52100
Founded
10-05-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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