DEPAIRON DISTRIBUTION: what changed
What changed
DEPAIRON DISTRIBUTION
NACE 46.421, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€70,293
2024 · €155,997-€85,704
Equity
€539,977
2024 · €469,684+€70,293
Cash
€40,783
2024 · €75,989-€35,206
Balance sheet total
€750,504
2024 · €723,403+€27,100
Largest movements
Assets
- Tangible fixed assets +€102,351
up €102,351 (+508%), from €20,157 to €122,509
of which Furniture and vehicles: +€67,719
- Stocks and contracts -€39,410
down €39,410 (-12.2%), from €323,283 to €283,873
- Cash -€35,206
down €35,206 (-46.3%), from €75,989 to €40,783
mainly Investment in fixed assets (net) (-€128,856) and Tax, wage and social debts (-€13,625)
Equity and liabilities
- Profit (loss) carried forward +€70,293
up €70,293 (+17.5%), from €401,484 to €471,777
- Tax, wage and social debts -€13,625
down €13,625 (-41.0%), from €33,251 to €19,626
of which Taxes: -€7,623
- Other debts -€12,982
down €12,982 (-8.7%), from €149,405 to €136,423
- Trade debts -€10,716
down €10,716 (-22.4%), from €47,772 to €37,056
- Debts after one year -€7,603
down €7,603 (-58.0%), from €13,105 to €5,502
Income statement
- Gross operating margin -€48,289
down €48,289 (-15.8%), from €304,673 to €256,384
- Staff costs +€40,828
up €40,828 (+38.9%), from €105,074 to €145,902
- Taxes -€28,138
down €28,138 (-52.7%), from €53,390 to €25,252
- Depreciation +€20,553
up €20,553 (+357%), from €5,751 to €26,305
- Financial income -€4,227
down €4,227 (-17.7%), from €23,836 to €19,609
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€155,997
Gross operating margin
-€48,289
Staff costs
-€40,828
Depreciation
-€20,553
Write-downs
+€1,427
Other operating charges
-€67
Other operating items
-€75
Financial income
-€4,227
Financial charges
-€1,229
Taxes
+€28,138
Result 2025
€70,293
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€100,979
Investment
-€128,856
Financing
-€7,329
Cash 2024
€75,989
From operations (derived)
+€100,979
Net result for the year
+€70,293
Depreciation
+€26,305
Stocks and contracts
+€39,410
Receivables within one year
+€1,854
Deferred charges and accrued income
-€1,018
Trade debts
-€10,716
Tax, wage and social debts
-€13,625
Other debts
-€12,982
Accrued charges and deferred income
+€1,459
Investment (derived)
-€128,856
Investment in fixed assets (net)
-€128,856
Financing
-€7,329
Debts after one year
-€7,603
Current portion of long-term debt
+€274
Cash 2025
€40,783
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €723,403 | €750,504 | +€27,100 | +3.7% |
| Fixed assets | 21/28 | €23,491 | €126,042 | +€102,551 | +437% |
| Intangible fixed assets | 21 | €3,333 | €833 | -€2,500 | -75.0% |
| Tangible fixed assets | 22/27 | €20,157 | €122,509 | +€102,351 | +508% |
| Land and buildings | 22 | - | €42,435 | +€42,435 | |
| Furniture and vehicles | 24 | - | €67,719 | +€67,719 | |
| Leasing and similar rights | 25 | €20,157 | €12,354 | -€7,803 | -38.7% |
| Financial fixed assets | 28 | - | €2,700 | +€2,700 | |
| Current assets | 29/58 | €699,913 | €624,462 | -€75,451 | -10.8% |
| Stocks and contracts in progress | 3 | €323,283 | €283,873 | -€39,410 | -12.2% |
| Stocks | 30/36 | €323,283 | €283,873 | -€39,410 | -12.2% |
| Amounts receivable within one year | 40/41 | €297,316 | €295,462 | -€1,854 | -0.6% |
| Trade receivables | 40 | €297,316 | €280,714 | -€16,601 | -5.6% |
| Other amounts receivable | 41 | - | €14,748 | +€14,748 | |
| Cash at bank and in hand | 54/58 | €75,989 | €40,783 | -€35,206 | -46.3% |
| Deferred charges and accrued income | 490/1 | €3,326 | €4,344 | +€1,018 | +30.6% |
| Total equity and liabilities | 10/49 | €723,403 | €750,504 | +€27,100 | +3.7% |
| Equity | 10/15 | €469,684 | €539,977 | +€70,293 | +15.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €401,484 | €471,777 | +€70,293 | +17.5% |
| Amounts payable | 17/49 | €253,719 | €210,526 | -€43,193 | -17.0% |
| Amounts payable after more than one year | 17 | €13,105 | €5,502 | -€7,603 | -58.0% |
| Financial debts | 170/4 | €13,105 | €5,502 | -€7,603 | -58.0% |
| Amounts payable within one year | 42/48 | €237,757 | €200,708 | -€37,049 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | €7,329 | €7,603 | +€274 | +3.7% |
| Trade debts | 44 | €47,772 | €37,056 | -€10,716 | -22.4% |
| Suppliers | 440/4 | €47,772 | €37,056 | -€10,716 | -22.4% |
| Taxes, remuneration and social security | 45 | €33,251 | €19,626 | -€13,625 | -41.0% |
| Taxes | 450/3 | €7,693 | €70 | -€7,623 | -99.1% |
| Remuneration and social security | 454/9 | €25,559 | €19,556 | -€6,003 | -23.5% |
| Other amounts payable | 47/48 | €149,405 | €136,423 | -€12,982 | -8.7% |
| Accrued charges and deferred income | 492/3 | €2,858 | €4,317 | +€1,459 | +51.0% |
| Remuneration, social security and pensions | 62 | €105,074 | €145,902 | +€40,828 | +38.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,751 | €26,305 | +€20,553 | +357% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,471 | €44 | -€1,427 | -97.0% |
| Other operating charges | 640/8 | €863 | €931 | +€67 | +7.8% |
| Non-recurring operating charges | 66A | - | €75 | +€75 | |
| Gross operating margin | 9900 | €304,673 | €256,384 | -€48,289 | -15.8% |
| Operating profit (loss) | 9901 | €191,514 | €83,128 | -€108,386 | -56.6% |
| Financial income | 75/76B | €23,836 | €19,609 | -€4,227 | -17.7% |
| Recurring financial income | 75 | €23,836 | €19,609 | -€4,227 | -17.7% |
| Financial charges | 65/66B | €5,963 | €7,192 | +€1,229 | +20.6% |
| Recurring financial charges | 65 | €5,963 | €7,192 | +€1,229 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €209,387 | €95,545 | -€113,841 | -54.4% |
| Income taxes | 67/77 | €53,390 | €25,252 | -€28,138 | -52.7% |
| Profit (loss) for the period | 9904 | €155,997 | €70,293 | -€85,704 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €155,997 | €70,293 | -€85,704 | -54.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.