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REAL RETAIL

Active
Private limited companyfounded 197946 yrs activeMonnikshoekstraat 21, 8630 Veurne, BelgiumKBO/BCE: BE 0420.136.296
Summary

REAL RETAIL has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16.8m and a net result of -€12,674. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 12331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail trade
NACE 47260Warehousing and support activities for transportation NACE 52260
#1 company by equity in Veurne, Wholesale and retail trade sector1 site
Size
€17.1mtotal assets 2025
Staff
0.8 FTE
Equity
€16.8m
Loss
-€12,674
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
REAL UNITED · 99.2%
Accounts 28 d early0 of 11 deeds read
Why 94- Liquidity: current ratio 270.14, cash €455,109- Sector Retail trade (NACE 47)+ Size: 0.8 FTE, total assets €17.1m+ Founded in 1979Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 52% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 100=
equity 98.2% of total assets
Liquidity 53+3
short-term debt 0.3% · cash 2.7%
Profitability 19=
return on assets -0.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (39,974 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%▼ -2.3% vs 12-2024lowest value 02-2025: < 0.1%● 0.0% vs 01-2025lowest value 03-2025: < 0.1%● 0.0% vs 02-2025lowest value 04-2025: < 0.1%● 0.0% vs 03-2025lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%● 0.0% vs 05-2025lowest value 07-2025: < 0.1%▲ +9.5% vs 06-2025 08-2025: 0.2%▲ +354% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%● 0.0% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -3.3% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%▲ +2.0% vs 02-2026 04-2026: 0.2%▲ +5.8% vs 03-2026 05-2026: 0.2%▲ +5.0% vs 04-2026 06-2026: 0.2%▲ +3.9% vs 05-2026 07-2026: 0.2%▲ +0.4% vs 06-2026highest value 08-2026: 0.1%▼ -63.6% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Size: 0.8 FTE, total assets €17.1m lowers the probability for this profile
  • Founded in 1979 lowers the probability for this profile
  • Liquidity: current ratio 270.14, cash €455,109 raises the probability
  • Sector Retail trade (NACE 47) raises the probability
Credit up to €1,550,000 at 30 days acceptable
short-term debt: 0.3% and cash: 2.7% of total assets, and 1.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 92%, liquidity 58%, profitability 21%, growth against the median 38%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: 0.8 FTE, total assets €17.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1979
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Liquidity: current ratio 270.14, cash €455,109
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Retail trade (NACE 47)
In the bankruptcy model this factor raises the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
7 d early
2023
14 d early
2022
12 d early
2021
18 d early
2020
2 d late
2019
11 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (2)
neutral · 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. Usually files around 18 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Weakest financial yearnet -€12,674
  3. Liquidity times 50current ratio 270.14

Key points

  • Caution: Staff fell in 2025from 6.9 FTE to 0.8 FTE ▼ 88.4% View
  • Positive: Company by equity in Veurne, Wholesale and retail…in the Checked rankings #1 View
  • Controlled by REAL UNITEDknown shareholders 100% 99.2% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Active since 1979founded 01-12-1979 46 years View

By topic

Financials

Fiscal year
2025
Total assets
€17.1m
Loss
-€12,674
Solvency
98.2%
Turnover▼ 35.3%
Net result
20182023
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 03-07-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 31-12-2025Liquidity times 50
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail tradeNACE 47260
Founded
01-12-1979
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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