Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 22.4 to 16.3.
Financials
Financial year 2024
SOCIETE DE DISTRIBUTION from Genappe, company number BE0413761121, closed financial year 2024 with a result of € 474,540 after tax. For that financial year SOCIETE DE DISTRIBUTION recorded revenue of € 9.5 million and equity of € 2.1 million. Compared with financial year 2023, the result moved from € 626,760 to € 474,540. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2025.
€ 2.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 474,540
▼ 24% vs 2023
Profit after tax over the fiscal year.
€ 623,598
▲ 1% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 470,400 paid out
99 % of the profit went to the shareholders, mostly to ARGAYON S.A. (100 % of the shares). That is where the money ends up.
People and assets in 2024
16.3
▼ 3.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 642,248
▼ 13% vs 2023
€ 39,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,954
▼ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 337,662
▼ 22% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 98,053
▼ 8% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 9,655,714 | € 9,938,171 | € 9,813,608 | € 9,495,199 | ▼ 3% |
| Gross margin | € 1,167,643 | € 1,807,410 | € 1,801,902 | € 1,466,795 | ▼ 19% |
| Profit after taxes | € 240,731 | € 567,290 | € 626,760 | € 474,540 | ▼ 24% |
| Equity | € 1,990,524 | € 2,090,114 | € 2,143,774 | € 2,147,914 | |
| Total debts | € 3,213,848 | € 3,569,501 | € 3,596,140 | € 2,838,643 | ▼ 21% |
| Cash | € 506,218 | € 864,112 | € 615,473 | € 623,598 | ▲ 1% |
| Land & buildings | € 0 | € 43,516 | € 40,137 | € 36,758 | ▼ 8% |
| Retained profit | € 1,530,524 | € 1,630,114 | € 1,683,774 | € 1,687,914 | |
| Dividend | € 0 | € 467,700 | € 573,100 | € 470,400 | ▼ 18% |
| Balance sheet total | € 5,267,372 | € 5,722,615 | € 5,799,114 | € 5,045,757 | ▼ 13% |
| Employees (FTE) | 22.3 | 22.4 | 19.7 | 16.3 | ▼ 3.4 |
Key figures of SOCIETE DE DISTRIBUTION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SOCIETE DE DISTRIBUTION?
What happened at SOCIETE DE DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christian CATTELAIN stepped down as director. NBB
- Nathalie CATTELAIN stepped down as director. NBB
- ARGAYON S.A. stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 474,540 (▼ 24% vs 2023). filed late Source: NBB ↗
- Christian CATTELAIN became a director. NBB
- Nathalie CATTELAIN became a director. NBB
- ARGAYON S.A. became a director. NBB
- New establishment in Genappe. KBO
In short
From € 240,731 profit in 2021 to € 474,540 profit in 2024.
Paid € 210,052 in corporate taxes since 2021.
Best year ever: 2023, with € 626,760 profit.
On average € 90,000 of value added per employee in 2024.
Management
The shares are held by ARGAYON S.A. (100%).
Directors
According to the 2024 annual accounts
Christian CATTELAIN
Managing director
Also active at: N.Y.C., D.G. & C°, BRICO BOIS, ARGAYON, DINA DISTRIBUTION NAMUR
since 2021 · until 2026
Nathalie CATTELAIN
Director
Also active at: N.Y.C., D.G. & C°, CATTIMMO, BRICO BOIS, SAN-E-MAT, ARGAYON, DINA DISTRIBUTION NAMUR
since 2017 · until 2026
Managing director · represented by Yves CATTELAIN
Also active at: N.Y.C., D.G. & C°, CATTIMMO, BRICO BOIS, SAN-E-MAT, GRAHAM, DINA DISTRIBUTION NAMUR
since 2009 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 4/A
1470 Genappe
Chaussée de Bruxelles 4 A
1470 Genappe
Active since 1 January 1974
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.761.121
- VAT number
- BE 0413.761.121
- Registered office
- Chaussée de Bruxelles 4/A, 1470 Genappe
- Names & denominations
- SOCIETE DE DISTRIBUTION · SODI
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 1973
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- [email protected] +32496265015
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)