Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2024; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9 to 7.9.
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Late annual account NBB
Fiscal year 2024 was filed 266 days after the legal deadline.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
MAJOR DISTRIBUTION from Elsene, company number BE0541890597, closed financial year 2024 with a result of € -336,976 after tax. For that financial year MAJOR DISTRIBUTION recorded a gross margin of € 176,601 and equity of € -4.7 million. Compared with financial year 2023, the result moved from € -326,411 to € -336,976. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ -4.7 million
▼ € 336,976 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -336,976
▼ 3 % more loss than in 2023
Profit after tax over the fiscal year.
€ 229,345
▲ 24% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.7 million.
People and assets in 2024
7.9
▼ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 319,139
▼ 7% vs 2023
€ 40,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 77,812
▲ 94% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 52,030
▼ 13% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 264,025 | € 243,097 | € 225,724 | € 176,601 | ▼ 22% |
| Profit after taxes | € -255,302 | € -276,170 | € -326,411 | € -336,976 | ▼ € 10,565 |
| Equity | € -3,716,820 | € -3,992,989 | € -4,319,400 | € -4,656,376 | ▼ € 336,976 |
| Total debts | € 4,432,498 | € 4,232,305 | € 4,645,687 | € 4,992,154 | ▲ 7% |
| Cash | € 462,719 | € 99,704 | € 184,564 | € 229,345 | ▲ 24% |
| Retained profit | € -3,778,820 | € -4,054,989 | € -4,381,400 | € -4,718,376 | ▼ € 336,976 |
| Balance sheet total | € 715,678 | € 239,316 | € 326,286 | € 344,282 | ▲ 6% |
| Employees (FTE) | 9.7 | 9 | 8.7 | 7.9 | ▼ 0.8 |
Key figures of MAJOR DISTRIBUTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MAJOR DISTRIBUTION?
What happened at MAJOR DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 336,976. filed late Source: NBB ↗
- Paul ZEMMOUR stepped down as director. NBB
- Patricia HOUBANI stepped down as director. NBB
- Alexandre ZEMMOUR stepped down as director. NBB
- Paul ZEMMOUR became a director. NBB
- Alexandre ZEMMOUR became a director. NBB
- Patricia HOUBANI became a director. NBB
- New establishment in Brussel. KBO
In short
From € 255,302 loss in 2021 to € 336,976 loss in 2024.
On average € 22,400 of value added per employee in 2024.
A new publication or filing at MAJOR DISTRIBUTION? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
since 2019 · until 2026
since 2018 · until 2026
since 2019 · until 2026
Establishments
Establishment units
Physical locations of this company
Elsense Steenweg 94
1050 Elsene
Werkhuizenkaai 158
1000 Brussel
Active since 17 October 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0541.890.597
- VAT number
- BE 0541.890.597
- Registered office
- Elsense Steenweg 94, 1050 Elsene
- Names & denominations
- MAJOR DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 2013
- Peppol
- Not registered
- Activities · NACE
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