ONE RETAIL

Active

Public limited companyfounded 20187 yrs activeTerhulpsesteenweg 177, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0715.483.579

ONE RETAIL has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-436k) and a net result of €-98k. Equity is shrinking by ~49% per year across the filed fiscal years. Its solvency ranks better than 10% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

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Checked score

Score 2025

44 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability26=

Solvency19▼-2

Growth32=

Track record100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.89 against 0.74 in 2024; short-term debt: 4.1% and cash: 1.1% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Nine signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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 2025

Solvency, return and age of the figures

Solvency

-5.7%

Return on assets

-1.3%

Age of the figures

9 mo

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year €-436k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 7 filings

Deviation from the deadline

2025

28 d late

2024

29 d late

2023

2 d early

2022

on the day

2021

31 d late

2020

31 d late

2019

on the day

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

23-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-98k▼ 2.8%

2024 · €-96k

2019: €-3k 2020: €-120k 2021: €-72k 2022: €-78k 2023: €-69k 2024: €-96k

2019 → 2025

Working capital

€-34k▲ 73.3%

2024 · €-129k

2019: €108k 2020: €382k 2021: €130k 2022: €-86k 2023: €-52k 2024: €-129k

2019 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-95k-€-173k▼ 82.2%€-242k▼ 40.0%€-338k▼ 39.5%€-436k▼ 29.1%

Operating result€84k-€85k▲ 1.4%€80k▼ 5.6%€81k▲ 1.0%€81k▲ 0.8%

Net result€-72k-€-78k▼ 9.0%€-69k▲ 11.4%€-96k▼ 38.3%€-98k▼ 2.8%

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €7.71M

96.4%

Fixed assets €7.43M▼ 1.4%

Current assets €280k▼ 23.5%

Key figures and ratios

2025 value · change against 2024

EBITDA

€186k▲

2024 · €185k

Cash flow

€6k▼

2024 · €8k

Solvency

-5.7%▼

2024 · -4.3%

Current ratio

0.89▲

2024 · 0.74

Quick ratio

0.89▲

2024 · 0.74

Debt / equity

-18.67▲

2024 · -24.37

ROA

-1.3%▼

2024 · -1.2%

Interest coverage

1.03▼

2024 · 1.05

Debt

€8.14M▼

2024 · €8.24M

Debt ≤ 1 year

€315k▼

2024 · €495k

Debt > 1 year

€7.78M▲

2024 · €7.69M

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€7.90M€7.71M▼

Fixed assets21/28€7.53M€7.43M▼

Tangible fixed assets22/27€7.53M€7.43M▼

Land and buildings22€7.53M€7.43M▼

Current assets29/58€366k€280k▼

Amounts receivable within one year40/41-€8k

Trade receivables40-€8k

Cash at bank and in hand54/58€121k€85k▼

Deferred charges and accrued income490/1€245k€187k▼

Equity and liabilities

Total equity and liabilities10/49€7.90M€7.71M▼

Equity10/15€-338k€-436k▼

Contributions10/11€100k€100k=

Capital10€100k€100k=

Issued capital100€100k€100k=

Profit (loss) carried forward14€-438k€-536k▼

Amounts payable17/49€8.24M€8.14M▼

Amounts payable after more than one year17€7.69M€7.78M▲

Financial debts170/4€5.35M€5.19M▼

Other amounts payable178/9€2.35M€2.60M▲

Amounts payable within one year42/48€495k€315k▼

Current portion of amounts payable after more than one year42€157k€161k▲

Trade debts44€164€8k▲

Suppliers440/4€164€8k▲

Other amounts payable47/48€338k€146k▼

Accrued charges and deferred income492/3€49k€48k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104k€104k=

Other operating charges640/8€9k€9k▲

Gross operating margin9900€194k€195k▲

Operating profit (loss)9901€81k€81k▲

Financial charges65/66B€176k€180k▲

Recurring financial charges65€176k€180k▲

Profit (loss) for the period before taxes9903€-96k€-98k▼

Profit (loss) for the period9904€-96k€-98k▼

Profit (loss) for the period to be appropriated9905€-96k€-98k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-438k€-536k▼

Profit (loss) brought forward from the previous period14P€-342k€-438k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 1Filings 7

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 28 days late

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 29 days late

2024

29-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

31-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 31 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · full schema · 31 days late

2020

31-12

Financial Weakest financial yearnet €-120k

Net result drops to €-120k, the lowest in the series; recovery starts the following year.

31-07

NBB filing Annual accounts filed

fiscal year 2019 · full schema

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, Watermaal-Bosvoorde · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Terhulpsesteenweg 1771170 Watermaal-Bosvoorde

Ground area

5,127 m²

Building footprint

1,510 m²

Volume, LiDAR

23,163 m³

Parcel 21652E0039/00H003, Brussels · tallest building 36.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Terhulpsesteenweg 177, 1170 Watermaal-Bosvoorde

Real estate activities

since 20182.283.003.183

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21652E0039/00H003	Brussels	5,127 m²	1 · 1,510 m²	36.3 m · 1 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.

Similar companies · same sector, comparable size

IMMO DALEMANS

BE 0475.558.336

Maasmechelen · Eq €97k

Merelbeke-Melle · Eq €97k

Omina

BE 0809.360.773

Brugge · Eq €97k

Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,150 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded05-12-2018

Fiscal year end31-12

Activities, NACEBEL

68201Renting and operating of own or leased residential real estate, excluding social housing

68121Development of residential building projects

Sources

Crossroads Bank for EnterprisesNational Bank · 7 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.