RETAIL-OFFICE
ActiveSummary
RETAIL-OFFICE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €-894. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▲+2
Solvency26▼-1
Growth27▲+5
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer 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 2025Solvency, return and age of the figures
Solvency
0.8%
Return on assets
-0.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 729 sector peers (2025).
NBB · sector comparisonPosition among 729 sector peers
Solvency
better than 10%
← 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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
15 d early
2023
61 d late
2022
24 d early
2021
31 d late
2020
33 d early
2019
83 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€372k▲ 7.6%
2024 · €345k
2022: €431khighest in 4 years
2023: €343k▼ -20.5% vs 2022lowest in 4 years
2024: €345k▲ +0.8% vs 2023
2025: €372k▲ +7.6% vs 2024
2022 → 2025
EBIT margin
1.3%=
2024 · 1.2%
2022: 0.1%lowest in 4 years
2023: 0.5%▲ +562% vs 2022
2024: 1.2%▲ +132% vs 2023
2025: 1.3%▲ +2.5% vs 2024highest in 4 years
2022 → 2025
Net result
€-894▲ 55.2%
2024 · €-2k
2018: €2k
2019: €57k▲ +2849% vs 2018highest in 8 years
2020: €-95k▼ -268% vs 2019lowest in 8 years
2021: €758▲ +101% vs 2020
2022: €268▼ -64.6% vs 2021
2023: €492▲ +83.4% vs 2022
2024: €-2k▼ -505% vs 2023
2025: €-894▲ +55.2% vs 2024
2018 → 2025
Working capital
€-7k
2024 · €2k
2018: €-5k
2019: €63k▲ +1399% vs 2018highest in 8 years
2020: €-22k▼ -135% vs 2019lowest in 8 years
2021: €-7k▲ +67.4% vs 2020
2022: €-1k▲ +81.8% vs 2021
2023: €3k▲ +309% vs 2022
2024: €2k▼ -24.4% vs 2023
2025: €-7k▼ -418% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€431k€343k▼ 20.5%€345k▲ 0.8%€372k▲ 7.6%
2022: €431khighest in 4 years
2023: €343k▼ -20.5% vs 2022lowest in 4 years
2024: €345k▲ +0.8% vs 2023
2025: €372k▲ +7.6% vs 2024
Equity€4k-€4k▲ 6.7%€5k▲ 11.6%€3k▼ 42.1%€2k▼ 32.6%
2021: €4k
2022: €4k▲ +6.7% vs 2021
2023: €5k▲ +11.6% vs 2022highest in 5 years
2024: €3k▼ -42.1% vs 2023
2025: €2k▼ -32.6% vs 2024lowest in 5 years
Operating result€-27k-€347€2k▲ 426%€4k▲ 134%€5k▲ 10.2%
2021: €-27klowest in 5 years
2022: €347▲ +101% vs 2021
2023: €2k▲ +426% vs 2022
2024: €4k▲ +134% vs 2023
2025: €5k▲ +10.2% vs 2024highest in 5 years
Net result€758-€268▼ 64.6%€492▲ 83.4%€-2k€-894▲ 55.2%
2021: €758highest in 5 years
2022: €268▼ -64.6% vs 2021
2023: €492▲ +83.4% vs 2022
2024: €-2k▼ -505% vs 2023lowest in 5 years
2025: €-894▲ +55.2% vs 2024
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets
€31k ▲ 4,510%
Current assets
€195k ▲ 15.5%
Equity and liabilities €226k
Equity
€2k ▼ 32.6%
Debt
€224k ▲ 34.5%
Debt's share of the balance-sheet total rises from 98.4% to 99.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▲
2024 · €6k
Cash flow
€1k▲
2024 · €-669
Current ratio
0.97▼
2024 · 1.01
Quick ratio
0.88▼
2024 · 0.89
ROE
-48.4%▲
2024 · -72.7%
ROA
-0.4%▲
2024 · -1.2%
Interest coverage
2.34▲
2024 · 2.08
Debt ≤ 1 year
€202k▲
2024 · €167k
Debt > 1 year
€23k
Income taxes
€2k▲
2024 · €2k
Staff costs
€85k▲
2024 · €74k
A ratio outside any meaningful range has been withheld (balance sheet total €226k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 61 lines
Balance sheet
Code20242025
Assets
Total assets20/58€170k€226k▲
Fixed assets21/28€673€31k▲
Intangible fixed assets21€407-
Tangible fixed assets22/27€266€31k▲
Furniture and vehicles24€266-
Leasing and similar rights25-€31k
Current assets29/58€169k€195k▲
Stocks and contracts in progress3€21k€18k▼
Contracts in progress37€21k€18k▼
Amounts receivable within one year40/41€134k€142k▲
Trade receivables40€129k€142k▲
Other amounts receivable41€6k-
Cash at bank and in hand54/58€14k€35k▲
Equity and liabilities
Total equity and liabilities10/49€170k€226k▲
Equity10/15€3k€2k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-18k€-19k▼
Amounts payable17/49€167k€224k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Leasing and similar obligations172-€23k
Amounts payable within one year42/48€167k€202k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€83k€99k▲
Suppliers440/4€83k€99k▲
Advances received on contracts in progress46€12k€18k▲
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9€8k€11k▲
Other amounts payable47/48€59k€61k▲
Income statement
Code20242025
Operating income70/76A€353k€373k▲
Turnover70€345k€372k▲
Change in stocks of work in progress, finished goods and contracts in progress71€-1k€-2k▼
Other operating income74€6k€3k▼
Non-recurring operating income76A€3k-
Operating charges60/66A€349k€368k▲
Goods for resale, raw materials and consumables60€2k-
Purchases600/8€2k-
Services and other goods61€271k€280k▲
Remuneration, social security and pensions62€74k€85k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€395€787▲
Other operating charges640/8€1k€892▼
Operating profit (loss)9901€4k€5k▲
Financial income75/76B€356€0▼
Recurring financial income75€356€0▼
Other financial income752/9€356€0▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Debt charges650€3k€3k▲
Other financial charges652/9€2k€406▼
Profit (loss) for the period before taxes9903€341€1k▲
Income taxes67/77€2k€2k▲
Taxes670/3€2k€2k▲
Profit (loss) for the period9904€-2k€-894▲
Profit (loss) for the period to be appropriated9905€-2k€-894▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-19k▼
Profit (loss) brought forward from the previous period14P€-16k€-18k▼
Social balance
Average headcount (FTE)90872.02.1▲
The notes to these accounts (47 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €484k | €461k | €353k | €373k | ▲ 5.4% |
| Turnover70 | - | €431k | €343k | €345k | €372k | ▲ 7.6% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €25k | €-3k | €-1k | €-2k | ▼ 118% |
| Other operating income74 | - | €8k | €109k | €6k | €3k | ▼ 47.4% |
| Non-recurring operating income76A | - | €20k | €12k | €3k | - | - |
| Operating charges60/66A | - | €483k | €459k | €349k | €368k | ▲ 5.4% |
| Goods for resale, raw materials and consumables60 | - | - | €7k | €2k | - | - |
| Purchases600/8 | - | - | €7k | €2k | - | - |
| Services and other goods61 | - | €291k | €273k | €271k | €280k | ▲ 3.3% |
| Remuneration, social security and pensions62 | €271k | €183k | €172k | €74k | €85k | ▲ 14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18k | €6k | €4k | €1k | €2k | ▲ 48.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €309 | €815 | €395 | €787 | ▲ 99.1% |
| Other operating charges640/8 | €655 | €3k | €4k | €1k | €892 | ▼ 36.1% |
| Gross operating margin9900 | €263k | - | - | - | - | - |
| Operating profit (loss)9901 | €-27k | €347 | €2k | €4k | €5k | ▲ 10.2% |
| Financial income75/76B | €36k | €4k | €3k | €356 | €0 | ▼ 100.0% |
| Recurring financial income75 | €36k | €348 | €3k | €356 | €0 | ▼ 100.0% |
| Other financial income752/9 | - | €348 | €3k | €356 | €0 | ▼ 100.0% |
| Non-recurring financial income76B | €36k | €3k | - | - | - | - |
| Financial charges65/66B | €5k | €3k | €2k | €4k | €3k | ▼ 23.9% |
| Recurring financial charges65 | €5k | €3k | €2k | €4k | €3k | ▼ 23.9% |
| Debt charges650 | - | €1k | €2k | €3k | €3k | ▲ 6.3% |
| Other financial charges652/9 | - | €2k | €638 | €2k | €406 | ▼ 74.6% |
| Profit (loss) for the period before taxes9903 | €4k | €964 | €2k | €341 | €1k | ▲ 324% |
| Income taxes67/77 | €3k | €696 | €2k | €2k | €2k | ▲ 0.2% |
| Taxes670/3 | - | €700 | €2k | €2k | €2k | ▲ 0.2% |
| Tax adjustments and reversals of tax provisions77 | - | €4 | €15 | - | - | - |
| Profit (loss) for the period9904 | €758 | €268 | €492 | €-2k | €-894 | ▲ 55.2% |
| Profit (loss) for the period to be appropriated9905 | €758 | €268 | €492 | €-2k | €-894 | ▲ 55.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €126k | €158k | €126k | €170k | €226k | ▲ 33.4% |
| Fixed assets21/28 | €11k | €6k | €2k | €673 | €31k | ▲ 4,510% |
| Intangible fixed assets21 | €5k | €2k | €913 | €407 | - | - |
| Tangible fixed assets22/27 | €6k | €3k | €1k | €266 | €31k | ▲ 11,561% |
| Plant, machinery and equipment23 | €5k | €2k | €469 | - | - | - |
| Furniture and vehicles24 | €1k | €968 | €617 | €266 | - | - |
| Leasing and similar rights25 | - | - | - | - | €31k | - |
| Current assets29/58 | €115k | €152k | €124k | €169k | €195k | ▲ 15.5% |
| Stocks and contracts in progress3 | - | €25k | €22k | €21k | €18k | ▼ 11.5% |
| Contracts in progress37 | - | €25k | €22k | €21k | €18k | ▼ 11.5% |
| Amounts receivable within one year40/41 | €84k | €114k | €101k | €134k | €142k | ▲ 5.7% |
| Trade receivables40 | €84k | €108k | €101k | €129k | €142k | ▲ 10.5% |
| Other amounts receivable41 | - | €6k | - | €6k | - | - |
| Current investments50/53 | €8 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €20k | €13k | €667 | €14k | €35k | ▲ 152% |
| Deferred charges and accrued income490/1 | €11k | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €126k | €158k | €126k | €170k | €226k | ▲ 33.4% |
| Equity10/15 | €4k | €4k | €5k | €3k | €2k | ▼ 32.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-16k | €-16k | €-16k | €-18k | €-19k | ▼ 5.0% |
| Amounts payable17/49 | €122k | €154k | €121k | €167k | €224k | ▲ 34.5% |
| Amounts payable after more than one year17 | - | - | - | - | €23k | - |
| Financial debts170/4 | - | - | - | - | €23k | - |
| Leasing and similar obligations172 | - | - | - | - | €23k | - |
| Amounts payable within one year42/48 | €122k | €154k | €121k | €167k | €202k | ▲ 20.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8k | - |
| Financial debts43 | - | - | €20 | - | - | - |
| Credit institutions430/8 | - | - | €20 | - | - | - |
| Trade debts44 | €50k | €74k | €16k | €83k | €99k | ▲ 19.1% |
| Suppliers440/4 | €50k | €74k | €16k | €83k | €99k | ▲ 19.1% |
| Advances received on contracts in progress46 | €16k | €39k | €47k | €12k | €18k | ▲ 46.8% |
| Taxes, remuneration and social security45 | €42k | €27k | €15k | €13k | €17k | ▲ 32.3% |
| Taxes450/3 | €19k | €14k | €5k | €5k | €6k | ▲ 26.5% |
| Remuneration and social security454/9 | €23k | €14k | €11k | €8k | €11k | ▲ 35.6% |
| Other amounts payable47/48 | €14k | €13k | €42k | €59k | €61k | ▲ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €758 | €268 | €492 | €-2k | €-894 | ▲ 55.2% |
| + Depreciation and write-downs630 | €18k | €6k | €4k | €1k | €2k | ▲ 48.4% |
| Operating cash flow (approximation) | €19k | €6k | €4k | €-669 | €1k | ▲ 260% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €-32k | - |
| Change in cash | - | €-7k | €-13k | €13k | €21k | ▲ 59.7% |
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
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €758
Net result €758 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-95k
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
31-12
Financial
Highest result since 2018net €57k ▲2,849%
Operating result €57k, net result €57k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
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, Hove · 1 establishment unit since 2003
Ground area
2,184 m²
Building footprint
803 m²
Volume, LiDAR
7,630 m³
Parcel 11021C0005/00H000, Flanders · tallest building 15.9 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Retail-Office BVBA
since 20032.133.916.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021C0005/00H000 | Flanders | 2,184 m² | 1 · 803 m² | 15.9 m · 3 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 111 EUR awarded · 111 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 111 EUR | 111 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,920 companies in sector 71112 we hold annual accounts for 1,295. 281 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71112Activities of interior architects
Scores and ratios are computed by Checked and are not a credit decision.