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VL RETAIL

Group · 12 companies

VL RETAIL and the 11 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
12
all in Belgium
Countries
1
Belgium
Total assets
€34.4m
what the companies own together
Equity
€11.7m
the shareholders' buffer
Net result
€2.4m
profit or loss of the year
Staff (FTE)
45.0
in Belgium, social balance

Sum of the filed annual accounts of 11 of the 12 Belgian companies (financial years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

82/100 median score
  • The parent itself: VL RETAIL, no verdict.
  • 1 company with overdue accounts: Nieuwkerken Retail.
  • 38.7% of the added-up total assets sits in one company: VL RETAIL.
  • None of the added-up total assets sits at a company with an elevated or high risk.

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • VL RETAIL8 subsidiaries
    BE 0889.001.436Parent
    No verdict€13.3m €6.1m 2025
    • AALST RETAIL
      BE 0697.812.95151% per the accounts
      Healthy · 65€1.5m €181,677 2025
    • BRICK RETAIL1 subsidiary
      BE 0449.015.671100% per the accounts
      Healthy · 94€7.3m €2.5m 2025
      • UNIC MERE1 subsidiary
        BE 0427.664.090100% per the accounts
        Healthy · 94€2.0m €974,852 2025
        • IMMO LEMAHIEU1 subsidiary
          BE 0443.696.410100% per the accounts
          Healthy · 95€2.6m €618,889 2025
          • IMMAWIMBA
            BE 0439.602.218100% per the accounts
            Healthy · 93€494,048 €279,956 2025
    • ELMO STUDIOS
      BE 0673.571.76080% per the accounts
      Healthy · 85€44,103 €9,927 2025
    • KNOKKE RETAIL
      BE 0897.560.301100% per the accounts
      Healthy · 67€964,073 €74,068 2025
    • MELLE RETAIL
      BE 0700.334.654100% per the accounts
      Healthy · 67€1.9m €471,787 2025
    • NAZA RETAIL
      BE 0444.709.366100% per the accounts
      Healthy · 79€1.2m €251,099 2025
    • Nieuwkerken Retail
      BE 0700.336.634100% per the accountsAccounts overdue
      No verdict€949,536 €12,165 2024
    • SCHELDEWINDEKE RETAIL
      BE 0427.638.851100% per the accounts
      Healthy · 68€3.0m €292,163 2025

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. Company renamed to Nieuwkerken Retail
    Name changeNieuwkerken Retail
  2. 2 directors appointed
    Director changeNieuwkerken Retail
  3. Company renamed to ELMO STUDIOS
    Name changeELMO STUDIOS
  4. Registered office moved from Nazareth-De Pinte to Sint-Niklaas
    Registered office moveELMO STUDIOS
  5. 1 director appointed, 1 director resigning
    Director changeELMO STUDIOS
  6. Capital contribution
    Capital changeBRICK RETAIL

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 18-10-2026

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