Retail Park Ninove

Active

Public limited companyfounded 2012active for 14 yearsAlfons Gossetlaan 34, 1702 Dilbeek, Belgium44 active companies are registered at this addressKBO/BCE: BE 0848.352.003

Summary

Retail Park Ninove has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €723,253 and a net result of €350,460. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 17% of 5,767 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

Retail Park NinoveActiveChecked score 90/100

Risk analysis Report Compare

Activity

Development of non-residential building projects

NACE 68122

6th largest company by total assets in Dilbeek, Real estate sector1 site

Size

≈ €2.2mturnover 2025, estimated

Equity: €723,253
Profit: €350,460

Turnover estimated from the gross margin

Financial health

90 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: First Retail Partners · 100%
Board: 4 members

Auditor: EY Bedrijfsrevisoren BV2025 accounts 50 days early3 of 16 deeds summarised

Why 90raises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.88, cash €673,035lowers riskSize: total assets €17.5mFigures for financial year 2025 (filed 11-06-2026)Show the evidence

Checked score

Score 2025

90 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 55% of its sector peers (NACE 68, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 29=

equity 4.1% of total assets

Liquidity 55+1

short-term debt 7.2% · cash 3.8%

Profitability 42+5

return on assets 2.0%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,720 companies, NACE 68, medium-sized)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025highest value 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €65,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.88, compared with 1.47 in 2024, below 1; short-term debt: 7.2% and cash: 3.8% of total assets), and 95.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized): better than 21% on solvency, 82% on liquidity, 50% on profitability and 66% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Size: total assets €17.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Figures for financial year 2025 (filed 11-06-2026)

NBB · annual accounts

Liquidity: current ratio 0.88, cash €673,035

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 5767 sector peers (2025).

NBB · sector comparison

Position among 5767 sector peers

Solvency

better than 17%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

50 days early

2024

55 days early

2023

65 days early

2022

60 days early

2021

54 days early

2020

54 days early

2019

52 days 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 56 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

11-06-2026 Annual accounts filedfinancial year 2025 · full…
19-06-2025 Reappointment: EY BEDRIJFSREVISOREN BV (statutory auditor)Gazette deed
06-06-2025 Annual accounts filedfinancial year 2024 · abbreviated…

Key points

Caution: Among the weakest 18% on solvencysector median 38.3% · 5,767 companies 4.1% View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by First Retail Partners 100% View

By topic

Financials

Financial year: 2025
Total assets: €17.5m
Profit: €350,460
Solvency: 4.1%

Total assets▼ 3.2%

Net result

20182025

Go to Financials

Board & ownership

Board: 4 members
Parent: First Retail Partners · 100%
Auditor: EY Bedrijfsrevisoren BV

Bram ThomasDirector
DESPRIET Axel AlbertDirector
Jan DU BOISDirector
Sylvie CarpentierDirector

Go to Board & ownership

Network & group

Connected companies: 27

Go to Network & group

Timeline

Events: 21
Since: 2014
Next accounts: by 31-07-2027

30-01-2025Registered office
31-12-2024Equity above €500,000
23-07-2024Resignations: First Retail International, A3M and Dubore

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Development of non-residential building projectsNACE 68122
Founded: 31-08-2012
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 15

Purpose: “De conceptie en de verwezenlijking van alle onroerende bouwprojecten,het…” (deed in Dutch)

Go to Articles of association

Key facts about Retail Park Ninove

What is the company number of Retail Park Ninove?: 0848.352.003. In Belgium the VAT number is the company number with BE in front: BE 0848.352.003.
Where is Retail Park Ninove based?: The registered office is at Alfons Gossetlaan 34, 1702 Dilbeek.Company details
What does Retail Park Ninove do?: According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
What is the legal form of Retail Park Ninove?: Public limited company (NV).
When was Retail Park Ninove founded?: On 31-08-2012.
Is Retail Park Ninove still active?: Yes, Retail Park Ninove is an active enterprise in the KBO register.
What is the turnover of Retail Park Ninove?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Retail Park Ninove profitable?: In financial year 2025, Retail Park Ninove made a profit of €350,460.
Where can I find the annual accounts of Retail Park Ninove?: Retail Park Ninove filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Retail Park Ninove due?: By 31-07-2027, for financial year 2026.Timeline