Sherwin Williams Benelux: what changed
What changed
Sherwin Williams Benelux
NACE 46.831, Wholesale of construction materials, general range
filed annual accounts (NBB)
Net result for the year
€35,453
2024 · €94,503-€59,050
Equity
€1.9m
2024 · €1.9m+€35,453
Cash
-
not filed
Balance sheet total
€4.0m
2024 · €3.2m+€799,004
Largest movements
Assets
- Receivables within one year +€791,533
up €791,533 (+24.6%), from €3.2m to €4.0m
of which Other amounts receivable: +€856,760
Equity and liabilities
- Other debts +€639,637
up €639,637 (+58.4%), from €1.1m to €1.7m
- Accrued charges and deferred income +€47,557
up €47,557 (+122%), from €38,917 to €86,474
Income statement
- Gross operating margin -€199,605
down €199,605 (-22.5%), from €887,061 to €687,456
- Staff costs -€120,826
down €120,826 (-15.2%), from €796,245 to €675,419
- Financial charges +€21,994
up €21,994 (+41.4%), from €53,098 to €75,092
- Taxes -€20,538
down €20,538 (-41.4%), from €49,624 to €29,087
- Other operating charges -€11,144
down €11,144 (-85.6%), from €13,017 to €1,873
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
€94,503
Gross operating margin
-€199,605
Staff costs
+€120,826
Other operating charges
+€11,144
Financial income
+€10,040
Financial charges
-€21,994
Taxes
+€20,538
Result 2025
€35,453
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,216,157 | €4,015,162 | +€799,004 | +24.8% |
| Current assets | 29/58 | €3,216,157 | €4,015,162 | +€799,004 | +24.8% |
| Amounts receivable within one year | 40/41 | €3,212,028 | €4,003,560 | +€791,533 | +24.6% |
| Trade receivables | 40 | €632,509 | €567,282 | -€65,227 | -10.3% |
| Other amounts receivable | 41 | €2,579,519 | €3,436,278 | +€856,760 | +33.2% |
| Deferred charges and accrued income | 490/1 | €4,130 | €11,601 | +€7,471 | +181% |
| Total equity and liabilities | 10/49 | €3,216,157 | €4,015,162 | +€799,004 | +24.8% |
| Equity | 10/15 | €1,876,695 | €1,912,149 | +€35,453 | +1.9% |
| Contributions | 10/11 | €644,292 | €644,292 | = | 0.0% |
| Capital | 10 | €644,292 | €644,292 | = | 0.0% |
| Issued capital | 100 | €644,292 | €644,292 | = | 0.0% |
| Reserves | 13 | €114,018 | €114,018 | = | 0.0% |
| Non-distributable reserves | 130/1 | €64,492 | €64,492 | = | 0.0% |
| Legal reserve | 130 | €64,492 | €64,492 | = | 0.0% |
| Distributable reserves | 133 | €49,526 | €49,526 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,118,385 | €1,153,839 | +€35,453 | +3.2% |
| Amounts payable | 17/49 | €1,339,462 | €2,103,013 | +€763,551 | +57.0% |
| Amounts payable within one year | 42/48 | €1,300,545 | €2,016,539 | +€715,994 | +55.1% |
| Trade debts | 44 | €59,475 | €98,599 | +€39,124 | +65.8% |
| Suppliers | 440/4 | €59,475 | €98,599 | +€39,124 | +65.8% |
| Taxes, remuneration and social security | 45 | €146,070 | €183,303 | +€37,233 | +25.5% |
| Taxes | 450/3 | €63,866 | €108,856 | +€44,990 | +70.4% |
| Remuneration and social security | 454/9 | €82,204 | €74,447 | -€7,757 | -9.4% |
| Other amounts payable | 47/48 | €1,095,000 | €1,734,637 | +€639,637 | +58.4% |
| Accrued charges and deferred income | 492/3 | €38,917 | €86,474 | +€47,557 | +122% |
| Non-recurring operating income | 76A | - | €203 | +€203 | |
| Remuneration, social security and pensions | 62 | €796,245 | €675,419 | -€120,826 | -15.2% |
| Other operating charges | 640/8 | €13,017 | €1,873 | -€11,144 | -85.6% |
| Gross operating margin | 9900 | €887,061 | €687,456 | -€199,605 | -22.5% |
| Operating profit (loss) | 9901 | €77,799 | €10,164 | -€67,634 | -86.9% |
| Financial income | 75/76B | €119,428 | €129,468 | +€10,040 | +8.4% |
| Recurring financial income | 75 | €119,428 | €129,468 | +€10,040 | +8.4% |
| Financial charges | 65/66B | €53,098 | €75,092 | +€21,994 | +41.4% |
| Recurring financial charges | 65 | €53,098 | €75,092 | +€21,994 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €144,128 | €64,540 | -€79,588 | -55.2% |
| Income taxes | 67/77 | €49,624 | €29,087 | -€20,538 | -41.4% |
| Profit (loss) for the period | 9904 | €94,503 | €35,453 | -€59,050 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €94,503 | €35,453 | -€59,050 | -62.5% |
Next steps
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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 7 November 2026 via checked.be.