What does TARGET DISTRIBUTION do?

TARGET DISTRIBUTION is an electrical contractor in Aalst. Private Limited, started on 12 April 2010, 1 establishment.

What is the address of TARGET DISTRIBUTION?

The registered office of TARGET DISTRIBUTION is located at Hoveniersstraat 56, 9300 Aalst.

Is TARGET DISTRIBUTION still active?

Yes. According to the CBE (1 October 2026) TARGET DISTRIBUTION is active, legal situation “Normale toestand”, started on 12 April 2010.

Is TARGET DISTRIBUTION registered on Peppol?

Yes, TARGET DISTRIBUTION is registered on the Peppol network with ID 0208:0824873548.

What is the enterprise number of TARGET DISTRIBUTION?

The enterprise number of TARGET DISTRIBUTION is BE0824873548.

When was TARGET DISTRIBUTION founded?

TARGET DISTRIBUTION was founded on 12 April 2010.

Who are the directors of TARGET DISTRIBUTION?

According to the 2025 annual accounts, the directors of TARGET DISTRIBUTION are: Sean Bulte.

Is TARGET DISTRIBUTION a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 April 2010; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did TARGET DISTRIBUTION make in 2025?

TARGET DISTRIBUTION posted a profit after taxes of € 854 in financial year 2025.

What is the revenue of TARGET DISTRIBUTION?

As a small company, TARGET DISTRIBUTION is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 3,799.

TARGET DISTRIBUTION (Private Limited) - Aalst

Dossier TARGET DISTRIBUTION, printed on 1 October 2026 from databakkes.be/en/0824873548/target-distribution. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 2 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

TARGET DISTRIBUTION from Aalst, company number BE0824873548, closed financial year 2025 with a result of € 854 after tax. For that financial year TARGET DISTRIBUTION recorded a gross margin of € 3,799 and equity of € -43,203. Compared with financial year 2024, the result moved from € -87,344 to € 854. Profitable, and profit is growing. 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 July 28, 2026.

What it is worth Caution

€ -43,203

▲ € 854 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 854

▲ still € 87,344 loss in 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -61,803.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 370

▼ 61% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 7,711

▲ 11% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 4,375

▼ 82% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 605

▼ 86% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 22,927 Gross margin 2022: € 22,927 First fiscal year in the series	€ -28,108 Gross margin 2023: € -28,108 ▼ € 51,036 vs 2022 (€ 22,927) Unfavourable step	€ 3,784 Gross margin 2024: € 3,784 ▲ € 31,892 vs 2023 (€ -28,108) Favourable step	€ 3,799 Gross margin 2025: € 3,799 Unchanged (€ 3,784) Favourable step
Profit after taxes	€ -5,925 Profit after taxes 2022: € -5,925 First fiscal year in the series	€ -46,175 Profit after taxes 2023: € -46,175 ▼ € 40,249 vs 2022 (€ -5,925) Unfavourable step	€ -87,344 Profit after taxes 2024: € -87,344 ▼ € 41,170 vs 2023 (€ -46,175) Unfavourable step	€ 854 Profit after taxes 2025: € 854 ▲ € 88,198 vs 2024 (€ -87,344) Favourable step	▲ € 88,198
Equity	€ 89,461 Equity 2022: € 89,461 First fiscal year in the series	€ 43,287 Equity 2023: € 43,287 ▼ 52% vs 2022 (€ 89,461) Unfavourable step	€ -44,058 Equity 2024: € -44,058 ▼ € 87,344 vs 2023 (€ 43,287) Unfavourable step	€ -43,203 Equity 2025: € -43,203 ▲ € 854 vs 2024 (€ -44,058) Favourable step	▲ € 854
Total debts	€ 256,872 Total debts 2022: € 256,872 First fiscal year in the series	€ 260,255 Total debts 2023: € 260,255 ▲ 1% vs 2022 (€ 256,872) Unfavourable step	€ 128,000 Total debts 2024: € 128,000 ▼ 51% vs 2023 (€ 260,255) Favourable step	€ 109,838 Total debts 2025: € 109,838 ▼ 14% vs 2024 (€ 128,000) Favourable step	▼ 14%
Cash	€ 15,154 Cash 2022: € 15,154 First fiscal year in the series	-	-	-
Land & buildings	€ 173,600 Land & buildings 2022: € 173,600 First fiscal year in the series	€ 162,750 Land & buildings 2023: € 162,750 ▼ 6% vs 2022 (€ 173,600) Unchanged	-	-
Retained profit	€ 70,861 Retained profit 2022: € 70,861 First fiscal year in the series	€ 24,687 Retained profit 2023: € 24,687 ▼ 65% vs 2022 (€ 70,861) Unfavourable step	€ -62,658 Retained profit 2024: € -62,658 ▼ € 87,344 vs 2023 (€ 24,687) Unfavourable step	€ -61,803 Retained profit 2025: € -61,803 ▲ € 854 vs 2024 (€ -62,658) Favourable step	▲ € 854
Bank debt	€ 184,285 Bank debt 2022: € 184,285 First fiscal year in the series	€ 180,225 Bank debt 2023: € 180,225 ▼ 2% vs 2022 (€ 184,285) Favourable step	€ 6,947 Bank debt 2024: € 6,947 ▼ 96% vs 2023 (€ 180,225) Favourable step	€ 7,711 Bank debt 2025: € 7,711 ▲ 11% vs 2024 (€ 6,947) Unfavourable step	▲ 11%
Balance sheet total	€ 346,333 Balance sheet total 2022: € 346,333 First fiscal year in the series	€ 303,541 Balance sheet total 2023: € 303,541 ▼ 12% vs 2022 (€ 346,333) Unchanged	€ 83,942 Balance sheet total 2024: € 83,942 ▼ 72% vs 2023 (€ 303,541) Unchanged	€ 66,635 Balance sheet total 2025: € 66,635 ▼ 21% vs 2024 (€ 83,942) Unchanged	▼ 21%

Key figures of TARGET DISTRIBUTION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TARGET DISTRIBUTION?

What happened at TARGET DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 28, 2026 New annual accounts for financial year 2025: profit of € 854. Source: NBB ↗
Apr 12, 2010 New establishment in Aalst. KBO
Apr 12, 2010 Start of the company according to the CBE. KBO

In short

From € 5,925 loss in 2022 to € 854 profit in 2025.

Best year ever: 2025, with € 854 profit.

Original PDFs at the National Bank ↗

A new publication or filing at TARGET DISTRIBUTION? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Sean Bulte

TARGET DISTRIBUTION

Behind TARGET DISTRIBUTION is Sean Bulte.

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Directors

According to the 2025 annual accounts

Sean Bulte

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Hoveniersstraat 56

9300 Aalst

2.284.897.653

Sint Jobstraat 231

9300 Aalst

Active since 12 April 2010

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0824.873.548

VAT number

BE 0824.873.548

Registered office

Hoveniersstraat 56, 9300 Aalst

Names & denominations

TARGET DISTRIBUTION

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 April 2010

Peppol

Active · Active since 19 Jan 2026

Activities · NACE

Elektrotechnische installatiewerken van nijverheidsinrichtingen

Groothandel in reinigingsmiddelen

Groothandel in werkkleding

Groothandel in verlichtingsapparatuur

View on CBE Public ↗ Annual accounts (NBB) ↗

TARGET DISTRIBUTION

Warning lights

Financials

What happened to TARGET DISTRIBUTION?

Know what changes at your customers, suppliers and competitors. Without reading an annual account.

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions