D.E.P.A.
ActiveSummary
D.E.P.A. has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€136,401) and a net result of -€86,747. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 10522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability23▼-2
Solvency18▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 0.71 in 2024; short-term debt: 65.1% and cash: 1.6% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-7.4%
Return on assets
-4.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€136,401
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
30 d late
2023
30 d late
2022
32 d late
2021
29 d late
2020
27 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€86,747▼ 14.5%
2024 · -€75,764
Working capital
-€416,663▼ 18.1%
2024 · -€352,919
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26,048▲ 13.1%€28,639▲ 9.9%€36,233▲ 26.5%€34,140▼ 5.8%-€44,668
Net result-€2,539below the sector's middle half-€6,272below the sector's middle half▼ 147%-€28,329below the sector's middle half▼ 352%-€75,764below the sector's middle half▼ 167%-€86,747below the sector's middle half▼ 14.5%
Equity€60,711within the sector's middle half▼ 4.0%€54,439below the sector's middle half▼ 10.3%€26,110below the sector's middle half▼ 52.0%-€49,654below the sector's middle half-€136,401below the sector's middle half▼ 175%
Total assets€1.8mwithin the sector's middle half▲ 16.7%€2.1mwithin the sector's middle half▲ 19.5%€2.2mwithin the sector's middle half▲ 4.3%€2.1mwithin the sector's middle half▼ 7.0%€1.9mabove the sector's middle half▼ 9.8%
Debt€1.7m▲ 17.6%€2.1m▲ 20.6%€2.2m▲ 5.7%€2.1m▼ 3.6%€2.0m▼ 5.4%
Working capital-€170,903below the sector's middle half▼ 61.9%-€188,354below the sector's middle half▼ 10.2%-€297,349below the sector's middle half▼ 57.9%-€352,919below the sector's middle half▼ 18.7%-€416,663below the sector's middle half▼ 18.1%
Solvency3.4%below the sector's middle half▼ 0.7pp2.6%below the sector's middle half▼ 0.9pp1.2%below the sector's middle half▼ 1.4pp-2.4%below the sector's middle half▼ 3.6pp-7.4%below the sector's middle half▼ 4.9pp
Current ratio0.81below the sector's middle half▼ 0.070.81below the sector's middle half▲ 0.010.76below the sector's middle half▼ 0.060.71below the sector's middle half▼ 0.040.65below the sector's middle half▼ 0.06
Return on assets (ROA)-0.1%below the sector's middle half▼ 0.9pp-0.3%within the sector's middle half▼ 0.2pp-1.3%below the sector's middle half▼ 1.0pp-3.7%below the sector's middle half▼ 2.4pp-4.7%below the sector's middle half▼ 1.0pp
Staff (FTE)0.5below the sector's middle half0.1below the sector's middle half▼ 80.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €44,668 after €34,140 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.1m ▼ 9.4%
Current assets
€790,625 ▼ 10.2%
Key figures and ratios
EBITDA
€68,244▼
2024 · €149,552
Cash flow
€26,166▼
2024 · €39,648
Quick ratio
0.31▲
2024 · 0.16
Debt to equity
-14.59▲
2024 · -42.38
Interest coverage
1.19▼
2024 · 1.36
Debt ≤ 1 year
€1.2m▼
2024 · €1.2m
Debt > 1 year
€782,854▼
2024 · €861,245
Income taxes
€14▼
2024 · €27
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,241 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
1.8%
went bankrupt
4.0%
stopped otherwise
93%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,241 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €11,591 | €10,146 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74,355 | €100,722 | €117,608 | €115,412 | €112,912 | ▼ 2.2% |
| Other operating charges640/8 | €25,751 | €36,242 | €44,199 | €46,178 | €48,584 | ▲ 5.2% |
| Non-recurring operating charges66A | - | - | - | - | €11,415 | - |
| Gross operating margin9900 | €137,744 | €175,748 | €198,040 | €195,730 | €128,244 | ▼ 34.5% |
| Operating profit (loss)9901 | €26,048 | €28,639 | €36,233 | €34,140 | -€44,668 | ▼ 231% |
| Financial income75/76B | €9 | €49 | €45 | €94 | €15,200 | ▲ 16,046% |
| Recurring financial income75 | €9 | €49 | €45 | €94 | €200 | ▲ 112% |
| Non-recurring financial income76B | - | - | - | - | €15,000 | - |
| Financial charges65/66B | €28,596 | €32,552 | €64,598 | €109,972 | €57,264 | ▼ 47.9% |
| Recurring financial charges65 | €28,596 | €32,552 | €63,879 | €109,972 | €57,264 | ▼ 47.9% |
| Non-recurring financial charges66B | - | - | €719 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€2,539 | -€3,864 | -€28,320 | -€75,738 | -€86,733 | ▼ 14.5% |
| Income taxes67/77 | - | €2,408 | €9 | €27 | €14 | ▼ 48.1% |
| Profit (loss) for the period9904 | -€2,539 | -€6,272 | -€28,329 | -€75,764 | -€86,747 | ▼ 14.5% |
| Profit (loss) for the period to be appropriated9905 | -€2,539 | -€6,272 | -€28,329 | -€75,764 | -€86,747 | ▼ 14.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €2.1m | €2.2m | €2.1m | €1.9m | ▼ 9.8% |
| Fixed assets21/28 | €1.1m | €1.3m | €1.3m | €1.2m | €1.1m | ▼ 9.4% |
| Intangible fixed assets21 | - | - | - | - | €0 | - |
| Tangible fixed assets22/27 | €1.1m | €1.3m | €1.3m | €1.2m | €1.1m | ▼ 9.4% |
| Land and buildings22 | €1.0m | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 8.4% |
| Plant, machinery and equipment23 | €12,397 | €10,249 | €7,319 | €5,977 | €3,740 | ▼ 37.4% |
| Furniture and vehicles24 | €40,976 | €29,289 | €24,915 | €14,184 | €2,709 | ▼ 80.9% |
| Assets under construction and advance payments27 | - | - | - | - | €0 | - |
| Current assets29/58 | €714,131 | €818,104 | €930,628 | €880,396 | €790,625 | ▼ 10.2% |
| Stocks and contracts in progress3 | €528,300 | €514,177 | €731,216 | €683,139 | €421,834 | ▼ 38.3% |
| Stocks30/36 | €528,300 | €514,177 | €731,216 | €683,139 | €421,834 | ▼ 38.3% |
| Amounts receivable within one year40/41 | €128,002 | €238,271 | €148,921 | €180,057 | €324,119 | ▲ 80.0% |
| Trade receivables40 | €23,605 | €75,634 | €52,632 | €71,823 | €80,732 | ▲ 12.4% |
| Other amounts receivable41 | €104,396 | €162,637 | €96,289 | €108,233 | €243,387 | ▲ 125% |
| Cash at bank and in hand54/58 | €56,484 | €54,040 | €46,914 | €14,268 | €30,208 | ▲ 112% |
| Deferred charges and accrued income490/1 | €1,345 | €11,616 | €3,577 | €2,932 | €14,464 | ▲ 393% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €2.1m | €2.2m | €2.1m | €1.9m | ▼ 9.8% |
| Equity10/15 | €60,711 | €54,439 | €26,110 | -€49,654 | -€136,401 | ▼ 175% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €11,279 | €11,279 | €11,279 | €11,279 | €11,279 | = |
| Non-distributable reserves130/1 | €11,279 | €11,279 | €11,279 | €11,279 | €11,279 | = |
| Reserves not available under the articles1311 | €11,279 | €11,279 | €11,279 | €11,279 | €11,279 | = |
| Profit (loss) carried forward14 | €30,831 | €24,560 | -€3,769 | -€79,533 | -€166,280 | ▼ 109% |
| Amounts payable17/49 | €1.7m | €2.1m | €2.2m | €2.1m | €2.0m | ▼ 5.4% |
| Amounts payable after more than one year17 | €815,426 | €1.0m | €938,290 | €861,245 | €782,854 | ▼ 9.1% |
| Financial debts170/4 | €805,726 | €1.0m | €918,790 | €841,745 | €763,654 | ▼ 9.3% |
| Other amounts payable178/9 | €9,700 | €7,500 | €19,500 | €19,500 | €19,200 | ▼ 1.5% |
| Amounts payable within one year42/48 | €885,033 | €1.0m | €1.2m | €1.2m | €1.2m | ▼ 2.1% |
| Current portion of amounts payable after more than one year42 | €100,001 | €123,443 | €116,722 | €86,987 | €85,018 | ▼ 2.3% |
| Financial debts43 | €425,000 | €512,777 | €533,211 | €526,280 | €500,000 | ▼ 5.0% |
| Credit institutions430/8 | €425,000 | €512,777 | €533,211 | €526,280 | €500,000 | ▼ 5.0% |
| Trade debts44 | €23,809 | €35,221 | €54,932 | €52,745 | €43,606 | ▼ 17.3% |
| Suppliers440/4 | €23,809 | €35,221 | €54,932 | €52,745 | €43,606 | ▼ 17.3% |
| Taxes, remuneration and social security45 | €3,176 | €5,338 | €424 | €5,037 | €1,196 | ▼ 76.3% |
| Taxes450/3 | €1,558 | €5,338 | €424 | €3,037 | €1,196 | ▼ 60.6% |
| Remuneration and social security454/9 | €1,618 | - | - | €2,000 | €0 | ▼ 100% |
| Other amounts payable47/48 | €333,047 | €329,680 | €522,689 | €562,266 | €577,469 | ▲ 2.7% |
| Accrued charges and deferred income492/3 | €11,980 | €15,727 | €17,505 | €9,553 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,539 | -€6,272 | -€28,329 | -€75,764 | -€86,747 | ▼ 14.5% |
| + Depreciation and write-downs630 | €74,355 | €100,722 | €117,608 | €115,412 | €112,912 | ▼ 2.2% |
| Operating cash flow (approximation) | €71,816 | €94,450 | €89,279 | €39,648 | €26,166 | ▼ 34.0% |
| Investment in fixed assets (approximation) | - | -€343,234 | -€95,330 | -€10,221 | -€1,965 | ▲ 80.8% |
| Change in cash | - | -€2,444 | -€7,126 | -€32,646 | €15,940 | ▲ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet -€86,747
Net result drops to -€86,747, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 96 days late
2019
31-12
Financial
Back to profitnet €20,830
Net result €20,830 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seraing · 2 establishment units since 1998
Ground area
514 m²
Building footprint
76 m²
Volume, LiDAR
806 m³
2 parcels, Wallonia · tallest building 11.6 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Rue du Gosson 95, 4101 Seraing
since 19982.087.151.572
Rue de Flémalle 196, 4101 Seraing
since 20212.318.655.534
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62058B0414/00L003 | Wallonia | 352 m² | - | - |
| 62058A0554/00L000 | Wallonia | 161 m² | 1 · 76 m² | 11.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
- DH2parentSourceaccounts DH2 2025100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 2,875 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
29100Manufacture of motor vehicles, trailers and semi-trailers
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
46180Agents specialised in the wholesale of other particular products
46730Wholesale trade
47830Retail sale of motorcycles and motorcycle parts and accessories
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0463070179
Also
9925:BE0463070179
Registered
31-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.