ACTIVE

TARGET DISTRIBUTION

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Financial year 2025 · closed on 31/12/2025
Net result
854,2 €
+101.0% YoY
Gross margin
3,8 k €
+0.4% YoY
Equity
-43,2 k €
+1.9% YoY

What does TARGET DISTRIBUTION do?

TARGET DISTRIBUTION is a Private company with limited liability incorporated in 2010. Its main activity is: Electrical installation. Its registered office is in Aalst.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0824.873.548
Incorporation
12/04/2010
Legal form
Private company with limited liability
Registered office
Hoveniersstraat 56
9300 Aalst · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
43212Electrical installation· main43212Electrical installation46421Wholesale of clothing and footwear46421Wholesale of clothing and footwear46442Wholesale of china and glassware and cleaning materials46442Wholesale of china and glassware and cleaning materials+2
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin3,8 k €3,8 k €-28,1 k €22,9 k €15,8 k €31,6 k €66,8 k €25,3 k €19 k €17,9 k €15,1 k €37,7 k €8,7 k €20,7 k €12,6 k €13,9 k €
EBITDA3,1 k €-79,7 k €-34,9 k €19,2 k €12,6 k €26,9 k €57,4 k €21,4 k €16,4 k €16,2 k €8,6 k €25,2 k €5 k €17,6 k €10,8 k €13,6 k €
Operating result2,3 k €-80,6 k €-53,1 k €940,1 €99,2 €14,9 k €42,7 k €17,9 k €13 k €12,1 k €5,3 k €21,6 k €1,3 k €14,6 k €9,5 k €12,4 k €
Net result854,2 €-87,3 k €-46,2 k €-5,9 k €-5,1 k €12,6 k €33,8 k €11,9 k €7,3 k €8,7 k €49,9 €4,8 k €-568,8 €4,8 k €5,6 k €7 k €
Balance sheet
Equity-43,2 k €-44,1 k €43,3 k €89,5 k €95,4 k €100,5 k €88 k €64,2 k €56,3 k €49 k €34,1 k €34,1 k €29,3 k €29,9 k €25 k €19,4 k €
Total assets66,6 k €83,9 k €303,5 k €346,3 k €304,8 k €299,8 k €314,8 k €97,6 k €93,2 k €71,9 k €80,4 k €101,3 k €120,9 k €66,9 k €78,7 k €48,8 k €
Cash–––15,2 k €14,8 k €40,5 k €54,4 k €45 k €19 k €7,8 k €4,8 k €14,7 k €8,3 k €19,3 k €15,2 k €–
Debts109,8 k €128 k €260,3 k €256,9 k €209,4 k €199,3 k €226,8 k €33,5 k €36,9 k €22,9 k €46,3 k €67,2 k €91,6 k €37,1 k €53,7 k €29,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Sean Bulte

Director

Active

Ended mandates

Sean Bulté

Manager · since 01 novembre 2012

Ended
Jean-Pierre Bulté

Manager · since 09 avril 2010

Ended
Jean Pierre Bulté

Manager · until 01 novembre 2012

Ended
Jean- Pierre Bulte

Administrator - manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date28/07/202631/08/202531/10/202402/11/202331/08/202224/09/2021
General meeting22/06/202622/06/202522/06/202422/06/202322/06/202222/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202522/06/202628/07/2026DutchPDF
Micro model31/12/202422/06/202531/08/2025DutchPDF
Micro model31/12/202322/06/202431/10/2024DutchPDF
Micro model31/12/202222/06/202302/11/2023DutchPDF
Micro model31/12/202122/06/202231/08/2022DutchPDF
Micro model31/12/202022/06/202124/09/2021DutchPDF
Micro model31/12/201922/06/202001/02/2021DutchPDF
Micro model31/12/201822/06/201923/08/2019DutchPDF
Micro model31/12/201730/06/201825/09/2018DutchPDF
Micro model31/12/201630/06/201728/09/2017DutchPDF
Abridged model31/12/201522/06/201613/07/2016DutchPDF
Abridged model31/12/201422/06/201510/08/2015DutchPDF
Abridged model31/12/201330/06/201406/08/2014DutchPDF
Abridged model31/12/201222/06/201312/09/2013DutchPDF
Abridged model31/12/201122/06/201203/06/2013DutchPDF
Abridged model31/12/201022/06/201130/12/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Sean Bulte

Director

Active

Ended mandates

Sean Bulté

Manager · since 01 novembre 2012

Ended
Jean-Pierre Bulté

Manager · since 09 avril 2010

Ended
Jean Pierre Bulté

Manager · until 01 novembre 2012

Ended
Jean- Pierre Bulte

Administrator - manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office19/12/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office30/12/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office26/06/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2014
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025854,2 €↑
  2. 2024
    Annual accounts 2024-87,3 k €↓
  3. 2023
    Annual accounts 2023-46,2 k €↓
  4. 2022
    Annual accounts 2022-5,9 k €↓
  5. 2021
    Annual accounts 2021-5,1 k €↓
  6. 2020
    Annual accounts 202012,6 k €↓
  7. 2019
    Annual accounts 201933,8 k €↑
  8. 2018
    Annual accounts 201811,9 k €↑
  9. 2017
    Annual accounts 20177,3 k €↓
  10. 2016
    Annual accounts 20168,7 k €↑
  11. 2015
    Annual accounts 201549,9 €↓
  12. 2014
    Annual accounts 20144,8 k €↑
  13. 2013
    Annual accounts 2013-568,8 €↓
  14. 2012
    Annual accounts 20124,8 k €↓
  15. 2011
    Annual accounts 20115,6 k €↓
  16. 2010
    Annual accounts 20107 k €
  17. 12/04/2010
    IncorporationPrivate company with limited liability