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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.5 to 7.7.
Financials
Financial year 2025
CS DISTRIBUTION from Liège, company number BE0890579665, closed financial year 2025 with a result of € 109,430 after tax. For that financial year CS DISTRIBUTION recorded a gross margin of € 343,166 and equity of € -144,824. Compared with financial year 2024, the result moved from € -106,768 to € 109,430. 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 September 29, 2025.
€ -144,824
▲ € 109,430 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,430
▲ still € 106,768 loss in 2024
Profit after tax over the fiscal year.
€ 66,756
▲ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -219,824.
People and assets in 2025
7.7
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 211,072
▲ 18% vs 2024
€ 27,400 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.
€ 337
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 330,343
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 44,314
▲ 127% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,906 | € 292,278 | € 94,098 | € 343,166 | ▲ 265% |
| Profit after taxes | € -38,564 | € 80,244 | € -106,768 | € 109,430 | ▲ € 216,198 |
| Equity | € -227,730 | € -147,486 | € -254,254 | € -144,824 | ▲ € 109,430 |
| Total debts | € 669,977 | € 389,215 | € 625,923 | € 410,749 | ▼ 34% |
| Cash | € 62,699 | € 48,027 | € 37,563 | € 66,756 | ▲ 78% |
| Retained profit | € -302,730 | € -222,486 | € -329,254 | € -219,824 | ▲ € 109,430 |
| Balance sheet total | € 442,246 | € 241,729 | € 371,669 | € 265,925 | ▼ 28% |
| Employees (FTE) | 9.5 | 9.5 | 8.5 | 7.7 | ▼ 0.8 |
Key figures of CS DISTRIBUTION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 August 2026.
What happened to CS DISTRIBUTION?
What happened at CS DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 109,430. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Liège. KBO
In short
From € 38,564 loss in 2022 to € 109,430 profit in 2025.
Best year ever: 2025, with € 109,430 profit.
On average € 44,600 of value added per employee in 2025.
A new publication or filing at CS 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
The stake of S.T.C. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CS DISTRIBUTIONBehind CS DISTRIBUTION is DSTN SRL. The shares are held by S.T.C. (99%).
Directors
According to the 2025 annual accounts
Shareholders
99%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de la Cathédrale 111
4000 Liège
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0890.579.665
- VAT number
- BE 0890.579.665
- Registered office
- Rue de la Cathédrale 111, 4000 Liège
- Names & denominations
- CS DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2007
- Peppol
- Active · Active since 2 Jan 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)