DISTRIVAL
ActiveThe file of DISTRIVAL contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.8% (low). The 2025 annual accounts show negative equity (€-283k) and a net result of €-20k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 4867 sector peers (fiscal year 2025).
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-5
Solvency0=
Growth58=
Track record85
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 8.43 against 0.47 in 2024; short-term debt: 5.1% and cash: 0.6% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
-93.2%
Return on assets
-6.7%
Age of the figures
9 mo
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-283k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
43 d early
2023
28 d early
2022
39 d early
2021
18 d late
2020
377 d late
2019
691 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-20k▼ 158%
2024 · €-8k
2018: €-61k
2019: €52k
2020: €-221k
2021: €-20k
2022: €-11k
2023: €-10k
2024: €-8k
2018 → 2025
Working capital
€116k
2024 · €-142k
2018: €-392k
2019: €-226k
2020: €-425k
2021: €-435k
2022: €-438k
2023: €-439k
2024: €-142k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-233k-€-245k▼ 4.9%€-255k▼ 4.0%€-263k▼ 3.1%€-283k▼ 7.8%
Operating result€-17k-€-11k▲ 33.4%€-10k▲ 13.7%€-8k▲ 19.8%€-20k▼ 158%
Net result€-20k-€-11k▲ 43.3%€-10k▲ 14.1%€-8k▲ 19.5%€-20k▼ 158%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €8k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304k
Fixed assets
€173k ▼ 3.7%
Current assets
€131k ▲ 4.7%
Key figures and ratios
EBITDA
€-14k▼
2024 · €-3k
Cash flow
€-14k▼
2024 · €-3k
Solvency
-93.2%▼
2024 · -86.2%
Current ratio
8.43▲
2024 · 0.47
Quick ratio
8.21▲
2024 · 0.46
Debt to equity
-2.07▲
2024 · -2.16
ROA
-6.7%▼
2024 · -2.6%
Interest coverage
-174.92▼
2024 · -80.35
Debt
€587k▲
2024 · €567k
Debt ≤ 1 year
€16k▼
2024 · €267k
Debt > 1 year
€571k▲
2024 · €300k
Staff costs
€7k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€305k€304k▼
Fixed assets21/28€179k€173k▼
Tangible fixed assets22/27€17k€10k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€162k€162k=
Current assets29/58€125k€131k▲
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€121k€126k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€119k€122k▲
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€305k€304k▼
Equity10/15€-263k€-283k▼
Contributions10/11€1.50M€1.50M=
Capital10-€1.50M
Issued capital100-€1.50M
Profit (loss) carried forward14€-1.76M€-1.78M▼
Amounts payable17/49€567k€587k▲
Amounts payable after more than one year17€300k€571k▲
Financial debts170/4€300k€571k▲
Amounts payable within one year42/48€267k€16k▼
Trade debts44€3k€15k▲
Suppliers440/4€3k€15k▲
Advances received on contracts in progress46€1k-
Taxes, remuneration and social security45€2k€767▼
Remuneration and social security454/9€2k€767▼
Other amounts payable47/48€262k-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61-€9k
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8-€579
Gross operating margin9900€-3k€-6k▼
Operating profit (loss)9901€-8k€-20k▼
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Non-recurring financial income76B-€2
Financial charges65/66B€33€79▲
Recurring financial charges65€33€79▲
Non-recurring financial charges66B€33€79▲
Profit (loss) for the period before taxes9903€-8k€-20k▼
Profit (loss) for the period9904€-8k€-20k▼
Profit (loss) for the period to be appropriated9905€-8k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.76M€-1.78M▼
Profit (loss) brought forward from the previous period14P€-1.75M€-1.76M▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity times 18current ratio 8.43
Current ratio from 0.47 to 8.43; short-term debt falls from €267k to €16k.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 18 days late
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 377 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 691 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 1057 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 1291 days late
2020
31-12
Financial
Weakest financial yearnet €-221k ▼522%
Net result drops to €-221k, the lowest in the series; recovery starts the following year.
11-03
Bankruptcy
Bankruptcy reversal
Tribunal de l’entreprise de Liège, division Neufchâteau · DISTRIVAL SA RUE DU VAL-D’AISNE 6, 6997 EREZEE. déclarée le 20 décembre 2019 · event 06-03-2020
Show earlier events
2019
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
27-12
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Neufchâteau · DISTRIVAL SA RUE DU VAL-D’AISNE 6, 6997 EREZEE · event 20-12-2019
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Erezée · 1 establishment unit since 2009
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.
Rue du Val-d'Aisne 66997 ErezéeGround area
1,493 m²
Building footprint
260 m²
Parcel 83048D0507/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
DISTRIVAL
since 20092.176.878.057
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83048D0507/00K000 | Wallonia | 1,493 m² | 1 · 260 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BENOIT CHAMBERLAND RUE VICTOR LIBERT 45,
6900 MARCHE-EN-FAMENNE |
20-12-2019 → 06-03-2020 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteErezée2.176.878.057
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Of 1,581 companies in sector 46349 we hold annual accounts for 987. 333 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
Founded06-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:huybrechts.edouard@skynet.be
Phone:086387925