Depot Stores
ActiveThe computed 12-month bankruptcy probability of Depot Stores is 2.1% (moderate). The annual accounts of Depot Stores for fiscal year 2024 show a net loss of 93% of the equity at the start of that year. The 2024 annual accounts show equity of €14k and a net result of €-195k. Equity is shrinking by ~37.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 22% of 15869 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-9
Solvency27▼-16
Growth32=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.99 against 1.49 in 2023; short-term debt: 48.1% and cash: 0.2% of total assets), and 98.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
1.7%
Return on assets
-23.2%
Age of the figures
24 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-195k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 15869 sector peers (2024).
NBB · sector comparisonPosition among 15869 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 139 days later.
NBB · 4 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline16-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
on the day
2022
2 d late
2021
4 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€14k▼ 93.1%
2023 · €209k
2021: €292k
2022: €303k
2023: €209k
2021 → 2024
Total assets
€841k▼ 26.6%
2023 · €1.14M
2021: €898k
2022: €1.14M
2023: €1.14M
2021 → 2024
Net result
€-195k▼ 108%
2023 · €-94k
2021: €288k
2022: €13k
2023: €-94k
2021 → 2024
Working capital
€-3k
2023 · €214k
2021: €531k
2022: €355k
2023: €214k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€292k-€303k▲ 3.8%€209k▼ 30.9%€14k▼ 93.1%
Operating result€401k-€25k▼ 93.7%€-61k€-186k▼ 203%
Net result€288k-€13k▼ 95.6%€-94k€-195k▼ 108%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €186k in 2024 against €61k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €841k
Fixed assets
€439k▼ 10.9%
Current assets
€401k▼ 38.4%
Equity and liabilities €841k
Equity
€14k▼ 93.1%
Debt
€826k▼ 11.7%
The debt ratio rises from 81.7% to 98.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-169k▼
2023 · €-44k
Cash flow
€-178k▼
2023 · €-76k
Solvency
1.7%▼
2023 · 18.3%
Current ratio
0.99▼
2023 · 1.49
Quick ratio
0.81▲
2023 · 0.78
Debt / equity
57.43▲
2023 · 4.47
ROA
-23.2%▼
2023 · -8.2%
Interest coverage
-3.52▼
2023 · -1.22
Debt
€826k▼
2023 · €935k
Debt ≤ 1 year
€405k▼
2023 · €437k
Debt > 1 year
€420k▼
2023 · €466k
Staff costs
€-66▼
2023 · €26
A ratio outside any meaningful range has been withheld (balance sheet total €841k, equity €14k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.14M€841k▼
Fixed assets21/28€493k€439k▼
Tangible fixed assets22/27€493k€439k▼
Land and buildings22€483k€432k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€8k€6k▼
Current assets29/58€651k€401k▼
Stocks and contracts in progress3€312k€75k▼
Stocks30/36€312k€75k▼
Amounts receivable within one year40/41€309k€279k▼
Trade receivables40€309k€216k▼
Other amounts receivable41€2€64k▲
Cash at bank and in hand54/58€25k€1k▼
Deferred charges and accrued income490/1€5k€45k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€841k▼
Equity10/15€209k€14k▼
Contributions10/11€5k€5k=
Reserves13€204k€9k▼
Distributable reserves133€204k€9k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€935k€826k▼
Amounts payable after more than one year17€466k€420k▼
Financial debts170/4€466k€420k▼
Amounts payable within one year42/48€437k€405k▼
Current portion of amounts payable after more than one year42€45k€46k▲
Financial debts43€200k€239k▲
Credit institutions430/8€200k€239k▲
Trade debts44€58k€61k▲
Suppliers440/4€58k€61k▲
Taxes, remuneration and social security45€15k€34k▲
Taxes450/3€11k€30k▲
Remuneration and social security454/9€3k€4k▲
Other amounts payable47/48€120k€25k▼
Accrued charges and deferred income492/3€33k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€17k€13k▼
Remuneration, social security and pensions62€26€-66▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€84k
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A€647€270▼
Gross operating margin9900€-38k€-82k▼
Operating profit (loss)9901€-61k€-186k▼
Financial income75/76B€4k€39k▲
Recurring financial income75€4k€39k▲
Financial charges65/66B€36k€48k▲
Recurring financial charges65€36k€48k▲
Profit (loss) for the period before taxes9903€-94k€-195k▼
Profit (loss) for the period9904€-94k€-195k▼
Profit (loss) for the period to be appropriated9905€-94k€-195k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-94k€-195k▼
Transfer from equity791/2€94k€195k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-195k
Net result drops to €-195k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Staden · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dorpsstraat(WRB) 488840 StadenGround area
1,101 m²
Building footprint
303 m²
Volume, LiDAR
1,739 m³
Parcel 36020B0632/00N000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Depot Stores
since 20202.300.325.405
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36020B0632/00N000 | Flanders | 1,101 m² | 1 · 303 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 596 EUR awarded · 596 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 596 EUR |
| 2023 | 1 | 596 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,565 companies in sector 46900 we hold annual accounts for 920. 314 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2020
Fiscal year end30-09
Trade name NL
Depot
Activities, NACEBEL
46900Non-specialised wholesale trade
47120Other non-specialised retail sale
47192Retail trade
66191Agents and brokers in banking services
66300Activities auxiliary to financial services and insurance activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.