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 14 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
France DISTRIBUTION from Philippeville, company number BE0659817754, closed financial year 2024 with a result of € -252,942 after tax. For that financial year France DISTRIBUTION recorded a gross margin of € -128,184 and equity of € -1.5 million. Compared with financial year 2023, the result moved from € -19,461 to € -252,942. 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 September 10, 2025.
€ -1.5 million
▼ € 252,942 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -252,942
▼ 1200 % more loss than in 2023
Profit after tax over the fiscal year.
€ 112,643
▼ 95% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2024
2.3
▼ 10 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 156,637
▼ 67% vs 2023
€ 68,100 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.
€ 2,908
▼ € 3.5 million vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,728
▼ 95% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 308,737 | € 191,793 | € 479,995 | € -128,184 | ▼ € 608,178 |
| Profit after taxes | € -118,090 | € -282,895 | € -19,461 | € -252,942 | ▼ € 233,481 |
| Equity | € -896,540 | € -1,179,434 | € -1,198,896 | € -1,451,838 | ▼ € 252,942 |
| Total debts | € 1,420,607 | € 1,673,552 | € 4,001,667 | € 1,687,617 | ▼ 58% |
| Cash | € 87,745 | € 67,992 | € 2,073,220 | € 112,643 | ▼ 95% |
| Retained profit | € -958,940 | € -1,241,834 | € -1,261,296 | € -1,514,238 | ▼ € 252,942 |
| Balance sheet total | € 524,067 | € 494,117 | € 2,802,771 | € 235,780 | ▼ 92% |
| Employees (FTE) | 11.4 | 11.9 | 12.3 | 2.3 | ▼ 10 |
Key figures of France 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 France DISTRIBUTION?
What happened at France 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 € 252,942. filed late Source: NBB ↗
- New establishment in Philippeville. KBO
- Start of the company according to the CBE. KBO
In short
From € 118,090 loss in 2021 to € 252,942 loss in 2024.
On average € 39,000 of value added per employee in 2023.
Management
The stake of ITM ALIMENTAIRE BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
France DISTRIBUTIONBehind France DISTRIBUTION is HEWIMA SRL. The shares are held by ITM ALIMENTAIRE BELGIUM (100%).
Directors
According to the 2024 annual accounts
Director · represented by GUILLAUME BEUSCART
Also active at: OTTIGNIMMO, MESTDAGH, HD17 HOLDING, ALIPHIL, SUPALI, HD17 IMMO, SUPERLOG, CSE H2 +28 more
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de France 39
5600 Philippeville
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0659.817.754
- VAT number
- BE 0659.817.754
- Registered office
- Rue de France 39, 5600 Philippeville
- Names & denominations
- France DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 2016
- Peppol
- Active · Active since 3 Apr 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)