DISTRI - BERTRANSART
ActiveSummary
DISTRI - BERTRANSART has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-641k) and a net result of €53k. Equity is shrinking by ~59% per year across the filed fiscal years. Its solvency ranks better than 9% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+57
Solvency6▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.01 in 2023; short-term debt: 28.3% and cash: 0.4% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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
-19.1%
Return on assets
1.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 4809 sector peers (2024).
NBB · sector comparisonPosition among 4809 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
29 d late
2022
81 d early
2021
82 d early
2020
50 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€53k
2023 · €-168k
2018: €-182k
2019: €-228k
2020: €-207k
2021: €-212k
2022: €-203k
2023: €-168k
2018 → 2024
Working capital
€-775k▲ 45.0%
2023 · €-1.41M
2018: €88k
2019: €100k
2020: €-2.51M
2021: €-2.91M
2022: €-3.00M
2023: €-1.41M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-109k-€-321k▼ 194%€-524k▼ 63.3%€-694k▼ 32.5%€-641k▲ 7.6%
Operating result€-173k-€-141k▲ 18.3%€-129k▲ 8.4%€-103k▲ 20.3%€52k
Net result€-207k-€-212k▼ 2.3%€-203k▲ 4.0%€-168k▲ 17.5%€53k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €52k after a loss of €103k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.36M
Fixed assets
€3.19M ▼ 3.7%
Current assets
€178k ▲ 789%
Key figures and ratios
EBITDA
€173k▲
2023 · €18k
Cash flow
€174k▲
2023 · €-46k
Solvency
-19.1%▲
2023 · -20.9%
Current ratio
0.19▲
2023 · 0.01
Debt to equity
-5.97▼
2023 · -5.53
ROA
1.6%▲
2023 · -5.0%
Interest coverage
23.41▲
2023 · 0.24
Debt
€3.83M▼
2023 · €3.84M
Debt ≤ 1 year
€953k▼
2023 · €1.43M
Debt > 1 year
€2.88M▲
2023 · €2.41M
Income taxes
€53▼
2023 · €211
Staff costs
€33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.33M€3.36M▲
Fixed assets21/28€3.31M€3.19M▼
Tangible fixed assets22/27€3.31M€3.19M▼
Land and buildings22€3.31M€3.19M▼
Current assets29/58€20k€178k▲
Amounts receivable within one year40/41€9k€162k▲
Trade receivables40€2k€95k▲
Other amounts receivable41€7k€67k▲
Cash at bank and in hand54/58€9k€14k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.33M€3.36M▲
Equity10/15€-694k€-641k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€560k€536k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€553k€529k▼
Profit (loss) carried forward14€-1.33M€-1.25M▲
Provisions and deferred taxes16€184k€176k▼
Deferred taxes168€184k€176k▼
Amounts payable17/49€3.84M€3.83M▼
Amounts payable after more than one year17€2.41M€2.88M▲
Financial debts170/4€2.40M€2.87M▲
Other amounts payable178/9€5k€6k▲
Amounts payable within one year42/48€1.43M€953k▼
Current portion of amounts payable after more than one year42€31k€35k▲
Trade debts44€1k€10k▲
Suppliers440/4€1k€10k▲
Taxes, remuneration and social security45€211€5k▲
Taxes450/3€211-
Remuneration and social security454/9-€5k
Other amounts payable47/48€1.40M€904k▼
Accrued charges and deferred income492/3-€553
Income statement
Code20232024
Non-recurring operating income76A€360-
Remuneration, social security and pensions62-€33k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€121k=
Other operating charges640/8€14k€13k▼
Gross operating margin9900€32k€219k▲
Operating profit (loss)9901€-103k€52k▲
Financial income75/76B€2€159▲
Recurring financial income75€2€159▲
Financial charges65/66B€75k€7k▼
Recurring financial charges65€75k€7k▼
Profit (loss) for the period before taxes9903€-178k€45k▲
Transfer from deferred taxes780€11k€8k▼
Income taxes67/77€211€53▼
Profit (loss) for the period9904€-168k€53k▲
Transfer from tax-exempt reserves789€22k€24k▲
Profit (loss) for the period to be appropriated9905€-146k€77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.33M€-1.25M▲
Profit (loss) brought forward from the previous period14P€-1.18M€-1.33M▼
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 8 days late
2024
31-12
Financial
Back to profitnet €53k
Net result €53k after 6 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-228k
Net result drops to €-228k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Brussel · 1 establishment unit since 1993
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.
Vilain XIIII-straat 53-551000 BrusselGround area
4,674 m²
Building footprint
2,333 m²
Volume, LiDAR
51,375 m³
2 parcels, Brussels · tallest building 36.1 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Terhulpsesteenweg 150, 1170 Watermaal-Bosvoorde
since 19932.061.374.120
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0035/00R005 | Brussels | 4,415 m² | 1 · 2,124 m² | 36.1 m · 7 fl. |
| 21807G0177/00P004 | Brussels | 259 m² | 1 · 209 m² | 34.4 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
DYNAMOOVE
BE 0704.958.782
Manage · Eq €57,903
FrH Invest
BE 0683.684.902
Antwerpen · Eq €57,932
ABDR Invest
BE 0784.484.530
Aartselaar · Eq €57,721
WEDIMMO
BE 0825.318.362
Pelt · Eq €57,985
LEJAR
BE 0767.593.167
Lokeren · Eq €58,007
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,248 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-01-1993
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.