RESPECT
ActiveSummary
RESPECT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€123,296) and a net result of €5,796. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 8% of 9634 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39=
Solvency13▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.15 against 1.12 in 2023; short-term debt: 19% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2024Solvency, return and age of the figures
Solvency
-12.1%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 9634 sector peers (2024).
NBB · sector comparisonPosition among 9634 sector peers
Solvency
better than 8%
← weakest
strongest →
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
25 d late
2023
9 d early
2022
77 d early
2021
31 d late
2020
13 d late
2019
30 d early
← 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 12 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 23 July (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
-€123,296▲ 4.5%
2023 · -€129,092
Total assets
€1.0m▲ 0.6%
2023 · €1.0m
Net result
€5,796▼ 6.6%
2023 · €6,204
Working capital
€28,927▲ 25.1%
2023 · €23,131
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€3,856€8,149€9,722▲ 19.3%€6,224▼ 36.0%€5,796▼ 6.9%
Net result-€3,856below the sector's middle half€8,149within the sector's middle half€9,722within the sector's middle half▲ 19.3%€6,204within the sector's middle half▼ 36.2%€5,796within the sector's middle half▼ 6.6%
Equity-€153,167below the sector's middle half▼ 2.6%-€145,018below the sector's middle half▲ 5.3%-€135,296below the sector's middle half▲ 6.7%-€129,092below the sector's middle half▲ 4.6%-€123,296below the sector's middle half▲ 4.5%
Total assets€990,565within the sector's middle half▼ 0.4%€998,714within the sector's middle half▲ 0.8%€1.0mwithin the sector's middle half▲ 1.0%€1.0mwithin the sector's middle half▲ 0.6%€1.0mwithin the sector's middle half▲ 0.6%
Debt€1.1m=€1.1m=€1.1m=€1.1m=€1.1m=
Working capital-€944below the sector's middle half€7,206below the sector's middle half€16,927within the sector's middle half▲ 135%€23,131within the sector's middle half▲ 36.7%€28,927within the sector's middle half▲ 25.1%
Solvency-15.5%below the sector's middle half▼ 0.4pp-14.5%below the sector's middle half▲ 0.9pp-13.4%below the sector's middle half▲ 1.1pp-12.7%below the sector's middle half▲ 0.7pp-12.1%below the sector's middle half▲ 0.6pp
Current ratio1.00below the sector's middle half▼ 0.021.04below the sector's middle half▲ 0.041.09within the sector's middle half▲ 0.051.12within the sector's middle half▲ 0.031.15within the sector's middle half▲ 0.03
Return on assets (ROA)-0.4%below the sector's middle half▼ 1.6pp0.8%below the sector's middle half▲ 1.2pp1.0%within the sector's middle half▲ 0.1pp0.6%below the sector's middle half▼ 0.4pp0.6%within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 7% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€797,777 =
Current assets
€222,659 ▲ 2.7%
Key figures and ratios
Debt to equity
-9.28▼
2023 · -8.86
Debt ≤ 1 year
€193,732=
2023 · €193,732
Debt > 1 year
€950,000=
2023 · €950,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €1,076 | €1,060 | €1,159 | €1,176 | ▲ 1.4% |
| Gross operating margin9900 | -€2,888 | €9,225 | €10,782 | €7,383 | €6,971 | ▼ 5.6% |
| Operating profit (loss)9901 | -€3,856 | €8,149 | €9,722 | €6,224 | €5,796 | ▼ 6.9% |
| Financial charges65/66B | - | - | - | €20 | €0 | ▼ 100% |
| Recurring financial charges65 | - | - | - | €20 | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | -€3,856 | €8,149 | €9,722 | €6,204 | €5,796 | ▼ 6.6% |
| Profit (loss) for the period9904 | -€3,856 | €8,149 | €9,722 | €6,204 | €5,796 | ▼ 6.6% |
| Profit (loss) for the period to be appropriated9905 | -€3,856 | €8,149 | €9,722 | €6,204 | €5,796 | ▼ 6.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €990,565 | €998,714 | €1.0m | €1.0m | €1.0m | ▲ 0.6% |
| Fixed assets21/28 | €797,777 | €797,777 | €797,777 | €797,777 | €797,777 | = |
| Financial fixed assets28 | €797,777 | €797,777 | €797,777 | €797,777 | €797,777 | = |
| Current assets29/58 | €192,788 | €200,938 | €210,659 | €216,863 | €222,659 | ▲ 2.7% |
| Amounts receivable within one year40/41 | €192,788 | €200,938 | €210,659 | €216,863 | €222,659 | ▲ 2.7% |
| Other amounts receivable41 | - | €200,938 | €210,659 | €216,863 | €222,659 | ▲ 2.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €990,565 | €998,714 | €1.0m | €1.0m | €1.0m | ▲ 0.6% |
| Equity10/15 | -€153,167 | -€145,018 | -€135,296 | -€129,092 | -€123,296 | ▲ 4.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€215,167 | -€207,018 | -€197,296 | -€191,092 | -€185,296 | ▲ 3.0% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Amounts payable after more than one year17 | €950,000 | €950,000 | €950,000 | €950,000 | €950,000 | = |
| Financial debts170/4 | - | €950,000 | €950,000 | €950,000 | €950,000 | = |
| Amounts payable within one year42/48 | €193,732 | €193,732 | €193,732 | €193,732 | €193,732 | = |
| Other amounts payable47/48 | - | €193,732 | €193,732 | €193,732 | €193,732 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,856 | €8,149 | €9,722 | €6,204 | €5,796 | ▼ 6.6% |
| Operating cash flow (approximation) | -€3,856 | €8,149 | €9,722 | €6,204 | €5,796 | ▼ 6.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €8,149
Net result €8,149 after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet -€3,856
Net result drops to -€3,856, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €11,846 ▲48.8%
Operating result €11,846, net result €11,846, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Turnhout · 1 establishment unit since 2005
Ground area
4,627 m²
Building footprint
321 m²
Volume, LiDAR
2,270 m³
Parcel 13452M0037/00W000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RESPECT
since 20052.146.539.229
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452M0037/00W000 | Flanders | 4,627 m² | 1 · 321 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2024 annual accounts of RESPECT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0873313665
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.