RetailDrive (0838.838.083): financials and annual accounts

RetailDrive

Ixelles ·KBO/BCE: BE 0838.838.083

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Balance sheet: assets
Total assets`20/58`	2.5m	2.4m	1.9m	1.8m	1.5m	1.5m	1.9m	1.8m	1.9m	2.3m	1.7m	763,903	546,105
Formation expenses`20`	-	-	-	-	-	-	-	437	1,275	2,821	4,736	4,464	3,941
Fixed assets`21/28`	200	200	200	50,200	50,200	53,000	190,710	393,693	503,636	884,707	754,810	544,759	242,268
Intangible fixed assets`21`	-	-	-	-	-	-	132,245	335,031	436,271	805,158	670,239	462,104	234,662
Tangible fixed assets`22/27`	-	-	-	-	-	-	5,465	8,662	17,365	26,728	29,836	28,191	3,665
Furniture and vehicles`24`	-	-	-	-	-	-	-	1,830	9,168	17,164	18,905	15,895	3,665
Other tangible fixed assets`26`	-	-	-	-	-	-	5,465	6,832	8,198	9,564	10,930	12,297	-
Financial fixed assets`28`	200	200	200	50,200	50,200	53,000	53,000	50,000	50,000	50,000	50,000	50,000	-
Current assets`29/58`	2.5m	2.4m	1.9m	1.7m	1.4m	1.4m	1.7m	1.4m	1.4m	1.4m	977,060	219,144	303,837
Amounts receivable within one year`40/41`	2.4m	1.5m	1.4m	1.2m	717,626	941,204	1.4m	1.2m	1.3m	1.2m	846,882	149,476	53,270
Trade receivables`40`	483,691	313,970	299,483	289,028	334,827	409,598	492,720	557,746	322,544	456,414	521,275	26,197	14,375
Other amounts receivable`41`	1.9m	1.2m	1.1m	922,052	382,800	531,606	934,077	653,744	963,775	727,434	325,607	123,280	38,895
Cash at bank and in hand`54/58`	117,973	881,597	528,576	479,035	620,979	357,783	114,120	85,691	1,656	119,180	94,098	69,668	250,567
Deferred charges and accrued income`490/1`	-	53	-	20,316	85,508	125,035	124,936	125,031	97,385	82,984	36,079	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.5m	2.4m	1.9m	1.8m	1.5m	1.5m	1.9m	1.8m	1.9m	2.3m	1.7m	763,903	546,105
Equity`10/15`	2.4m	2.1m	1.6m	1.5m	1.0m	679,992	552,321	540,943	982,484	1.6m	1.6m	640,805	486,871
Contributions`10/11`	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.1m	1.2m	695,833
Capital`10`	2.6m	2.6m	2.6m	2.6m	-	-	-	-	-	-	-	-	-
Issued capital`100`	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	2.6m	1.6m	945,833
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	500,219	450,000	250,000
Profit (loss) carried forward`14`	-208,382	-550,678	-981,256	-1.1m	-1.6m	-1.9m	-2.1m	-2.1m	-1.7m	-1.1m	-645,138	-649,507	-266,315
Investment grants`15`	-	-	-	-	-	-	-	-	39,384	89,079	106,415	119,479	57,353
Amounts payable`17/49`	134,057	312,801	300,362	250,941	424,486	797,030	1.3m	1.3m	907,788	672,499	149,978	123,098	59,234
Amounts payable after more than one year`17`	-	-	4,350	30,177	55,545	80,463	159,751	262,585	394,374	271,787	-	-	-
Financial debts`170/4`	-	-	4,350	30,177	55,545	80,463	159,751	262,585	394,374	271,787	-	-	-
Amounts payable within one year`42/48`	63,224	110,728	102,032	64,417	177,464	530,653	968,760	844,362	342,299	235,932	149,978	123,098	59,234
Current portion of amounts payable after more than one year`42`	-	4,350	25,827	25,368	24,917	74,227	103,880	241,504	215,901	82,986	-	-	-
Financial debts`43`	-	-	-	-	-	-	125,000	-	543	-	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	125,000	-	543	-	-	-	-
Trade debts`44`	29,108	75,160	39,586	6,305	20,981	16,730	35,719	419,387	45,201	72,168	108,027	100,302	47,160
Suppliers`440/4`	29,108	75,160	39,586	6,305	20,981	16,730	35,719	419,387	45,201	72,168	108,027	100,302	47,160
Taxes, remuneration and social security`45`	34,116	31,217	36,619	32,743	24,345	14,317	41,108	15,767	24,318	24,444	32,972	22,796	12,074
Taxes`450/3`	9,995	20,993	25,627	23,065	17,479	6,626	20,804	51	9,917	230	5,452	1,855	1,804
Remuneration and social security`454/9`	24,122	10,224	10,992	9,678	6,866	7,691	20,303	15,715	14,400	24,214	27,520	20,941	10,270
Other amounts payable`47/48`	-	-	-	-	107,221	425,379	663,054	167,704	56,337	56,334	8,979	-	-
Accrued charges and deferred income`492/3`	70,833	202,073	193,980	156,347	191,476	185,915	175,730	168,453	171,116	164,780	-	-	-
Income statement
Gross operating margin`9900`	543,512	456,054	319,466	524,021	419,843	394,305	386,330	229,859	151,885	324,825	549,280	-136,852	-162,219
Remuneration, social security and pensions`62`	93,017	53,174	87,223	60,177	49,334	126,045	158,485	148,782	174,532	297,658	267,490	136,510	36,595
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	-	-	-	132,245	206,420	507,515	591,421	543,563	319,077	144,212	88,922
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-	-	-1,925	1,925	-	-
Other operating charges`640/8`	4,944	4,782	59	3,897	967	6,638	2,065	6,398	961	7,669	2,283	679	1,081
Operating profit (loss)`9901`	445,551	398,098	232,184	459,947	369,543	129,377	19,359	-432,837	-615,029	-522,140	-41,495	-418,254	-288,818
Financial income`75/76B`	58,426	45,802	10,471	2,998	5,624	9,937	10,593	53,457	67,956	63,267	46,311	35,187	22,541
Recurring financial income`75`	58,426	45,802	10,471	2,998	5,624	9,937	10,593	53,457	67,956	63,267	46,311	35,187	22,541
Financial charges`65/66B`	261	557	2,562	2,944	5,332	11,644	18,574	22,872	18,915	7,701	375	124	39
Recurring financial charges`65`	261	557	2,562	2,944	5,332	11,644	18,574	22,872	18,915	7,701	375	124	39
Profit (loss) for the period before taxes`9903`	503,716	443,343	240,093	460,001	369,835	127,670	11,378	-402,252	-565,988	-466,573	4,441	-383,191	-266,315
Income taxes`67/77`	161,421	12,764	110,206	137	-	-	-	-95	54	-19	72	-	-
Profit (loss) for the period`9904`	342,295	430,578	129,886	459,864	369,835	127,670	11,378	-402,157	-566,041	-466,554	4,369	-383,191	-266,315
Profit (loss) for the period to be appropriated`9905`	342,295	430,578	129,886	459,864	369,835	127,670	11,378	-402,157	-566,041	-466,554	4,369	-383,191	-266,315
Appropriation of the result
Profit (loss) to be appropriated`9906`	-208,382	-550,678	-981,256	-1.1m	-1.6m	-1.9m	-2.1m	-2.1m	-1.7m	-1.1m	-645,138	-649,507	-266,315
Profit (loss) brought forward from the previous period`14P`	-550,678	-981,256	-1.1m	-1.6m	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	1	1	1	0.9	1	1.6	2.1	2.6	2.9	3.4	4.3	2.2	1
Hours worked`1013`	1,672	828	1,786	1,315	722	2,670	3,169	3,162	4,400	6,103	7,775	3,686	540
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Financial year	Type	Filed	Reference	Document
31-12-2024	full format	29-09-2025	2025-00508383	PDF
31-12-2023	full format	23-08-2024	2024-00368053	PDF
31-12-2022	full format	16-05-2023	2023-00089034	PDF
31-12-2021	full format	30-06-2022	2022-20112558	PDF
31-12-2020	full format	03-06-2021	2021-17500148	PDF
31-12-2019	full format	17-07-2020	2020-31600116	PDF
31-12-2018	full format	14-06-2019	2019-19200034	PDF
31-12-2017	full format	04-07-2018	2018-29400531	PDF
31-12-2016	full format	28-06-2017	2017-23400171	PDF
31-12-2015	full format	01-07-2016	2016-26600227	PDF
31-12-2014	full format	26-06-2015	2015-22500365	PDF
31-12-2013	full format	04-07-2014	2014-27200554	PDF
31-12-2012	full format	05-07-2013	2013-29300260	PDF

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
EBITDA	-	-	-	-	-	261,622	225,779	74,678	-23,608	21,423	277,582	-274,042	-199,895
Cash flow	-	-	-	-	-	259,915	217,799	105,358	25,380	77,009	323,445	-238,979	-177,393
Investment in fixed assets (approximation)	-	-	-	-	200	-5,465	3,000	396,734	211,625	673,460	526,941	444,703	325,803
Change in cash	-763,623	353,021	49,540	-141,943	263,196	243,663	28,429	84,035	-117,524	25,082	24,430	-180,899	-
Working capital	2.5m	2.3m	1.8m	1.6m	1.2m	893,369	697,093	577,850	1.0m	1.2m	827,081	96,046	244,603
Solvency	94.7%	86.9%	84.5%	85.7%	71.2%	46.0%	29.7%	29.8%	52.0%	70.4%	91.3%	83.9%	89.2%
Current ratio	40.27	21.52	19.01	26.55	8.02	2.68	1.72	1.68	4.05	5.87	6.51	1.78	5.13
Debt to equity	0.06	0.15	0.18	0.17	0.40	1.17	2.36	2.36	0.92	0.42	0.09	0.19	0.12
ROE	14.2%	20.8%	7.9%	30.5%	35.2%	18.8%	2.1%	-74.3%	-57.6%	-29.2%	0.3%	-59.8%	-54.7%
ROA	13.4%	18.1%	6.7%	26.1%	25.1%	8.6%	0.6%	-22.1%	-29.9%	-20.5%	0.3%	-50.2%	-48.8%

Item	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	1	1	1	1
full-time	1	1	1	1
in full-time equivalents	1	1	1	1
Average over the year, in full-time equivalents	1	1	1	0.9
On a permanent contract	1	1	1	1

RetailDrive

Annual accounts 2024

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency94.7%

Current ratio40.27

Return on assets13.4%

Staff

Staff cost per FTE€93,017

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Insights on RetailDrive

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