THE RETAIL CLUB
A bankruptcy procedure is open for THE RETAIL CLUB according to publications in the Belgian State Gazette. The file additionally contains 5 judicial reorganisations. The 2023 annual accounts show negative equity (€-1.04M) and a net result of €-441k.
| Equity | €-1.04M |
| Net result | €-441k |
| Staff (FTE) | 14.8 |
| Better than sector | 5% |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -146.8% | 18.0% | |
| Net result | €-441k | €11k | |
| Equity | €-1.04M | €80k | |
| Gross operating margin | €148k | €162k | |
| Staff costs | €496k | €187k |
Show 14 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | €1.42M |
| EBITDA | €-351k |
| Net profit | €-441k |
| Cash flow | €-368k |
| Staff costs | €496k |
| Income taxes | €275 |
| Dividends | - |
| Total assets | €705k |
| Equity | €-1.04M |
| Debt | €1.74M |
| of which ≤ 1y | €1.42M |
| of which > 1y | €322k |
| Working capital | €-879k |
| Employees (FTE) | 14.8 |
| 2023 | |
|---|---|
| Current ratio | 0.38 |
| Quick ratio | 0.15 |
| Working capital ratio | -124.7% |
| Solvency | -146.8% |
| Debt / equity | -1.68 |
| Long-term debt ratio | -0.31 |
| Interest coverage | -20.54 |
| Gross margin | 10.3% |
| Net margin | -31.0% |
| ROA | -62.5% |
| ROE | 42.6% |
| EBITDA margin | -24.6% |
| Days sales outstanding | 20d |
| Days payable outstanding | 141d |
| Inventory turnover | 3.95 |
| Days inventory (DSI) | 92d |
Full annual accounts (27 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €705k |
| Fixed assets | 21/28 | €154k |
| Formation expenses | 20 | €12k |
| Intangible fixed assets | 21 | €142k |
| Tangible fixed assets | 22/27 | €11k |
| Financial fixed assets | 28 | €353 |
| Current assets | 29/58 | €539k |
| Stocks & contracts in progress | 3 | €324k |
| Amounts receivable within one year | 40/41 | €193k |
| Cash & bank | 54/58 | €11k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €705k |
| Equity | 10/15 | €-1.04M |
| Contributions / capital | 10/11 | €72k |
| Accumulated profits (losses) | 14 | €-1.11M |
| Amounts payable | 17/49 | €1.74M |
| Amounts payable after one year | 17 | €322k |
| Amounts payable within one year | 42/48 | €1.42M |
| Trade debts payable within one year | 44 | €495k |
| Income statement | ||
| Turnover | 70 | €1.42M |
| Gross operating margin | 9900 | €148k |
| Operating result | 9901 | €-424k |
| Financial income | 75 | €4 |
| Financial charges | 65 | €17k |
| Result before taxes | 9903 | €-441k |
| Income taxes | 67/77 | €275 |
| Net result for the period | 9904 | €-441k |
| Result to be appropriated | 9905 | €-441k |
-
Current02-05-2022 → present
-
Laurent AllardinDirector (executive)State Gazette act 22065737 (02-06-2022)Current02-05-2022 → present
-
Ronald AndrousManaging directorState Gazette act 22065737 (02-06-2022)Current02-05-2022 → present
Former directors (1)
-
Alexis RemacleDirectorState Gazette act 22065737 (02-06-2022)Former- → 02-05-2022
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | CHRISTOPHE CHARDON AVENUE DU CENTE-
NAIRE 120, 1400 NIVELLES |
08-01-2024 → present | Belgian State Gazette |
| NACE primary | Detailhandel in baby- en kinderbovenkleding(47713) |
| Legal form | Public limited company(014) |
| Incorporation | 12-02-2020 |
| Status | Active |
| Postal code | 1400 |
| First insolvency signal | 30-05-2022 |
| Latest insolvency signal | 12-01-2024 |
Show 1 more locations
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0347/00B005 | Wallonia | 1.1 ha | 1 · 1,208 m² | 19.9 m · 6 fl. |
| 92053A0235/00Y000 | Wallonia | 2,534 m² | 1 · 607 m² | - |
| 25033B0411/00E002 | Wallonia | 2,347 m² | 1 · 110 m² | 14.5 m · 2 fl. |
| 92003H0028/00F003 | Wallonia | 2,176 m² | 1 · 2,147 m² | - |
| 23072A0018/00A002 | Flanders | 1,884 m² | 1 · 883 m² | 8.6 m · 2 fl. |
| 25072A0359/00A000 | Wallonia | 1,675 m² | 1 · 418 m² | 12.2 m · 2 fl. |
| 21445C0266/00Y005 | Brussels | 377 m² | 1 · 379 m² | 11.7 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 5 further earlier events in this file, covering 23-05-2022 to 08-01-2024.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-03-2023 С³ resigns as statutory auditor
- С³, Commissaris
Technical details
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}11-01-2023 Registered office moved from Braine-Le-Chateau to Nivelles
- Avenue Reine Astrid, 2 à 1440 Braine-Le-Chateau → 1400 Nivelles, chaussée de Braine-le-Comte, n° 76a
Technical details
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}02-06-2022 3 directors appointed, 1 resigning
- Benjamin Cuvelier, Bestuurder
- Ronald Androus, Gedelegeerd bestuurder
- Laurent Allardin, Directeur
- Alexis Remacle, Bestuurder
Technical details
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}| Legal nameFR | THE RETAIL CLUB |