Age2 yrs
Staff (FTE)23
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of DFH MARKET is 2.0% (moderate). The 2024 annual accounts show equity of €149k and a net result of €-81k. Its solvency ranks better than 27% of 866 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.0%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-07-2025, 5 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 31-12. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2024 | 31-07-2025 | 26-07-2025 | 5 d early | 2025-00318703 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsYoung company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-81k
Working capital€-530k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 26-07-2025 with the NBB · fiscal year 2024 · volledig
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.4% | 17.3% | |
| Net result | €-81k | €14k | |
| Equity | €149k | €100k | |
| Gross operating margin | €1.64M | €213k | |
| Staff costs | €1.31M | €219k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €256k |
| Net profit | €-81k |
| Cash flow | €137k |
| Staff costs | €1.31M |
| Income taxes | €293 |
| Dividends | - |
| Total assets | €4.38M |
| Equity | €149k |
| Debt | €4.23M |
| of which ≤ 1y | €1.84M |
| of which > 1y | €2.36M |
| Working capital | €-530k |
| Employees (FTE) | 23.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.71 |
| Quick ratio | 0.46 |
| Working capital ratio | -12.1% |
| Solvency | 3.4% |
| Debt / equity | 28.34 |
| Long-term debt ratio | 15.84 |
| Interest coverage | 1.92 |
| Gross margin | - |
| Net margin | - |
| ROA | -1.8% |
| ROE | -54.1% |
| 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 | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.38M |
| Fixed assets | 21/28 | €3.05M |
| Formation expenses | 20 | €16k |
| Intangible fixed assets | 21 | €817k |
| Tangible fixed assets | 22/27 | €2.24M |
| Current assets | 29/58 | €1.31M |
| Stocks & contracts in progress | 3 | €464k |
| Amounts receivable within one year | 40/41 | €123k |
| Cash & bank | 54/58 | €567k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.38M |
| Equity | 10/15 | €149k |
| Contributions / capital | 10/11 | €230k |
| Accumulated profits (losses) | 14 | €-81k |
| Amounts payable | 17/49 | €4.23M |
| Amounts payable after one year | 17 | €2.36M |
| Amounts payable within one year | 42/48 | €1.84M |
| Trade debts payable within one year | 44 | €1.32M |
| Income statement | ||
| Gross operating margin | 9900 | €1.64M |
| Operating result | 9901 | €39k |
| Financial income | 75 | €14k |
| Financial charges | 65 | €134k |
| Result before taxes | 9903 | €-80k |
| Income taxes | 67/77 | €293 |
| Net result for the period | 9904 | €-81k |
| Result to be appropriated | 9905 | €-81k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed18
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
2 directorsFormer directors (2)
-
France WLAZELDirectorState Gazette act 23145073 (14-11-2023)Former14-09-2023 → 15-04-2024
2 events
- 15-04-2024 Resigned· Director
- 14-09-2023 Appointed· Director
-
Pierre CONRARDYDirectorState Gazette act 24089743 (13-06-2024)Former- → 15-04-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Public limited company(014) |
| Incorporation | 19-09-2023 |
| Status | Active |
| Postal code | 4000 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Boulevard Gustave-Kleyer 34000 LiègeEstablishment units
1 locationBoulevard Gustave-Kleyer 3, 4000 Liège
since 20232.350.223.490
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts All acts · 2
updated 2 years ago
2024
13-06-2024 2 resigning, 1 reappointed
- Pierre CONRARDY, Bestuurder
- France WLAZEL, Bestuurder
- Denis WAUTERS, Bestuurder
2023
14-11-2023 France WLAZEL appointed as director
- France WLAZEL, Bestuurder
Analysis
Snowflake analysis
financial profile on 5 axes23
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
18
Profitability
0
Solvency
7
Growth
-
Stability
67
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Credit advice
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We hold annual accounts for 1,627 of the 10,428 companies in this sector. 1,131 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114
Primary activity highlighted.
Names & trade names
| Legal nameFR | DFH MARKET |
Registered office
Boulevard Gustave-Kleyer 3
4000 Liège, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.