Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DEPICO from Aartselaar, company number BE0477942853, closed financial year 2025 with a result of € 32,238 after tax. For that financial year DEPICO recorded revenue of € 5.1 million and equity of € 18,600. Compared with financial year 2024, the result moved from € 99,525 to € 32,238. The company is profitable. The buffer shrank hard: equity is 82 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 18,600
▼ 82% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,238
▼ 68% vs 2024
Profit after tax over the fiscal year.
€ 325,451
▼ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 116,026 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
20.4
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 9% vs 2024
€ 52,300 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.
€ 1,614
▲ 254% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 240,488
▼ 25% vs 2024
€ 97,317 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 362,630
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 97,377
▲ 4% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 5,061,109 | |
| Gross margin | € 1,307,600 | € 1,326,112 | € 1,345,487 | - | |
| Profit after taxes | € 93,653 | € 121,385 | € 99,525 | € 32,238 | ▼ 68% |
| Equity | € 97,640 | € 103,404 | € 102,388 | € 18,600 | ▼ 82% |
| Total debts | € 696,016 | € 966,927 | € 900,046 | € 830,461 | ▼ 8% |
| Cash | € 379,105 | € 407,315 | € 347,486 | € 325,451 | ▼ 6% |
| Land & buildings | € 6,430 | € 2,468 | € 396 | € 0 | ▼ 100% |
| Retained profit | € 79,040 | € 84,804 | € 83,788 | € 0 | ▼ 100% |
| Dividend | € 90,486 | € 115,622 | € 100,541 | € 116,026 | ▲ 15% |
| Bank debt | € 78,662 | € 385,357 | € 318,949 | € 240,488 | ▼ 25% |
| Balance sheet total | € 793,657 | € 1,070,331 | € 1,002,434 | € 849,061 | ▼ 15% |
| Employees (FTE) | 23.4 | 22 | 19.9 | 20.4 | ▲ 0.5 |
Key figures of DEPICO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to DEPICO?
What happened at DEPICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 32,238 (▼ 68% vs 2024). Source: NBB ↗
- PIAMAN BV became a director. NBB
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 93,653 profit in 2022 to € 32,238 profit in 2025.
Paid € 133,776 in corporate taxes since 2022.
Best year ever: 2023, with € 121,385 profit.
On average € 67,600 of value added per employee in 2024.
Management
The stake of PIAMAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEPICOBehind DEPICO is PIAMAN BV. The shares are held by PIAMAN (99.5%).
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 29
2630 Aartselaar
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0477.942.853
- VAT number
- BE 0477.942.853
- Registered office
- Antwerpsesteenweg 29, 2630 Aartselaar
- Names & denominations
- DEPICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 2002
- Peppol
- Active · Active since 19 May 2026
- Activities · NACE
Fastfoodzaken, snackbars, frituren en dergelijke
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Restaurants van het traditionele type
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