AddRetail
Open bankruptcyA bankruptcy procedure is open for AddRetail according to publications in the Belgian State Gazette; curator: PAUL VAN ROMPAEY. The 2024 annual accounts show equity of €1.58M and a net result of €442k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
40 d early
2022
50 d late
2021
33 d early
2020
1 d early
2019
8 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€9.32M▲ 5.6%
2023 · €8.82M
2018: €5.21M
2019: €6.84M
2020: €7.61M
2021: €8.33M
2022: €8.26M
2023: €8.82M
2018 → 2024
EBIT margin
7.2%▲ 0.2pp
2023 · 7.0%
2018: 5.1%
2019: 15.0%
2020: 14.4%
2021: 17.7%
2022: 15.3%
2023: 7.0%
2018 → 2024
Net result
€442k▲ 1.6%
2023 · €435k
2018: €174k
2019: €687k
2020: €743k
2021: €1.14M
2022: €914k
2023: €435k
2018 → 2024
Working capital
€2.73M▲ 32.3%
2023 · €2.06M
2018: €738k
2019: €503k
2020: €877k
2021: €995k
2022: €886k
2023: €2.06M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€7.61M-€8.33M▲ 9.5%€8.26M▼ 0.9%€8.82M▲ 6.8%€9.32M▲ 5.6%
Equity€453k-€690k▲ 52.4%€703k▲ 2.0%€1.14M▲ 61.8%€1.58M▲ 38.8%
Operating result€1.10M-€1.47M▲ 34.4%€1.26M▼ 14.3%€618k▼ 51.1%€668k▲ 8.1%
Net result€743k-€1.14M▲ 53.1%€914k▼ 19.7%€435k▼ 52.4%€442k▲ 1.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.15M
Fixed assets
€65k▲ 3.7%
Current assets
€5.08M▲ 10.3%
Equity and liabilities €5.15M
Equity
€1.58M▲ 38.8%
Debt
€3.57M▲ 1.0%
The debt ratio falls from 75.6% to 69.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€704k▲
2023 · €661k
Cash flow
€478k=
2023 · €478k
Solvency
30.7%▲
2023 · 24.4%
Current ratio
2.16▲
2023 · 1.81
Quick ratio
2.16▲
2023 · 1.81
Debt / equity
2.26▼
2023 · 3.10
ROE
28.0%▼
2023 · 38.2%
ROA
8.6%▼
2023 · 9.3%
Interest coverage
15.19▼
2023 · 24.11
Debt
€3.57M▲
2023 · €3.53M
Debt ≤ 1 year
€2.35M▼
2023 · €2.54M
Income taxes
€181k▲
2023 · €156k
Staff costs
€2.41M▲
2023 · €2.24M
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€4.67M€5.15M▲
Fixed assets21/28€63k€65k▲
Tangible fixed assets22/27€55k€44k▼
Plant, machinery and equipment23€37k€34k▼
Furniture and vehicles24€2k€2k▲
Other tangible fixed assets26€16k€8k▼
Financial fixed assets28€8k€22k▲
Current assets29/58€4.60M€5.08M▲
Amounts receivable within one year40/41€3.17M€3.84M▲
Trade receivables40€3.12M€3.71M▲
Other amounts receivable41€44k€125k▲
Current investments50/53€380k€380k=
Cash at bank and in hand54/58€778k€288k▼
Deferred charges and accrued income490/1€279k€575k▲
Equity and liabilities
Total equity and liabilities10/49€4.67M€5.15M▲
Equity10/15€1.14M€1.58M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€386k€386k=
Non-distributable reserves130/1€386k€386k=
Legal reserve130€6k€6k=
Own shares acquired1312€380k€380k=
Profit (loss) carried forward14€690k€1.13M▲
Amounts payable17/49€3.53M€3.57M▲
Amounts payable within one year42/48€2.54M€2.35M▼
Financial debts43€351k€151k▼
Credit institutions430/8€351k€151k▼
Trade debts44€1.28M€1.37M▲
Suppliers440/4€1.28M€1.37M▲
Taxes, remuneration and social security45€524k€440k▼
Taxes450/3€164k€139k▼
Remuneration and social security454/9€360k€301k▼
Other amounts payable47/48€381k€389k▲
Accrued charges and deferred income492/3€988k€1.22M▲
Income statement
Code20232024
Turnover70€8.82M€9.32M▲
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€5.95M€6.20M▲
Remuneration, social security and pensions62€2.24M€2.41M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€36k▼
Other operating charges640/8€41k€84k▲
Gross operating margin9900€2.94M€3.19M▲
Operating profit (loss)9901€618k€668k▲
Financial income75/76B€289€1k▲
Recurring financial income75€289€1k▲
Financial charges65/66B€27k€46k▲
Recurring financial charges65€27k€46k▲
Profit (loss) for the period before taxes9903€591k€623k▲
Income taxes67/77€156k€181k▲
Profit (loss) for the period9904€435k€442k▲
Profit (loss) for the period to be appropriated9905€435k€442k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.07M€1.13M▲
Profit (loss) brought forward from the previous period14P€636k€690k▲
Transfer to equity691/2€380k-
To other reserves6921€380k-
Social balance
Average headcount (FTE)908734.936.1▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · ADDRETAIL NV JAN MOMMAERTSLAAN 22, 1831 MACHELEN · event 28-07-2026
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.14M ▲61.8%
6 profitable years in a row build equity to €1.14M.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 50 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.14M ▲53.1%
Operating result €1.47M, net result €1.14M, both a record.
31-12
Financial
Equity above €500kEq €690k ▲52.4%
4 profitable years in a row build equity to €690k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €330k ▲255%
2 profitable years in a row build equity to €330k.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
17 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, Machelen (Brab.) · 1 establishment unit since 2015
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.
Jan Mommaertslaan 221831 Machelen (Brab.)Ground area
1.6 ha
Building footprint
2,438 m²
Volume, LiDAR
30,264 m³
2 parcels, Flanders · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
AddRetail SA
since 20152.247.381.320
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0161/00D006 | Flanders | 1.5 ha | 1 · 1,365 m² | 20.2 m · 4 fl. |
| 23015B0221/00B008 | Flanders | 1,073 m² | 1 · 1,073 m² | 19.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG 19, 2260 WESTERLO- |
28-07-2026 → present |
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,846 EUR awarded · 2,846 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,117 EUR | 1,117 EUR |
| 2024 | 1 | 0 EUR | 562 EUR |
| 2023 | 1 | 562 EUR | 797 EUR |
| 2022 | 1 | 1,167 EUR | 370 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 2,312 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-10-2015
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.