ACTIVE

Nirmana Retail

Financial year 2026 · Closed on 31/03/2026

Net result17,2 M €-65,7 %over 1 year
Revenue290,5 M €+6,8 %over 1 year
Equity1,3 Md €+1,3 %over 1 year
Workforce26,8 ETP+2,3 %over 1 year

Identity

Source · BCE/KBO

Nirmana Retail is a Public limited company incorporated in 1960. Its main activity is: Agents specialised in the sale of other particular products. Its registered office is in Halle. It employs on average 26,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.374.725
Incorporation
17/10/1960
Legal form
Public limited company
Registered office
Edingensesteenweg 196
1500 Halle · FlandreSee on map
Contributed capital
915 166 127,70 €
Latest accounts
31/03/2026
Average workforce
26,8 ETP
Joint committees (1)
  • 323
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 12 financial years

20262025202420232021
Income statement
Revenue290,5 M €272 M €261,1 M €193,1 M €160,7 M €
EBITDA194 M €173,3 M €174,7 M €127,6 M €133 M €
Operating result117 M €99,5 M €94,6 M €54,7 M €55,3 M €
Net result17,2 M €50,2 M €56,8 M €27 M €28,7 M €
Balance sheet
Equity1,3 Md €1,3 Md €1,2 Md €1,2 Md €931 M €
Total assets1,8 Md €1,8 Md €1,7 Md €1,7 Md €1,4 Md €
Cash3 M €373,7 €–––
Debts501,4 M €510,6 M €507,4 M €487,4 M €418,5 M €
Other
Workforce26,8 ETP26,2 ETP26,2 ETP23,7 ETP24,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

6 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michael Hamelryck
Director01/08/2026 → 21/09/2032
Jef Colruyt
Director19/09/2023 → 18/09/2029
Kris Castelein
Director19/09/2023 → 18/09/2029
Stefaan Vandamme
Director01/02/2019 → 01/08/2026
Jo Willemyns
Director01/04/2022 → 21/09/2027
Stefan Goethaert
Director01/04/2022 → 21/09/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Franciscus Colruyt
Director2010 accounts
Frans Colruyt
Directoruntil 31/01/2019
Jean de Leu de Cecil
Director2015 accounts

Other companies at this address

Edingensesteenweg 196 1500 Halle
CompanyCBE no.
AGRIPARTNERS● Active
0716.663.417
Ahara● Active
0779.443.696
Avellana● Active
0441.486.194
BOTTLES● Active
1004.058.282
0893.707.025
CGMI● Active
0779.301.067
CODEVCO X● Active
0779.300.572
CODEVCO XVI● Active
0795.538.768
CODEVCO XVII● Active
1004.058.480
Codevco XXII● Active
1031.283.709
Codevco XXIII● Active
1031.286.974
COLIMPO● Active
0685.762.581
0716.663.318
0716.663.615
Colruyt Group● Active
0400.378.485
0753.616.160
1026.124.891
Darzana● Active
0779.443.795
DAVYTRANS● Active
0413.920.972
DE PRINS RETAIL● Active
0400.638.803

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/09/202623/09/202517/10/202425/09/202306/10/202223/09/2021
General meeting15/09/202616/09/202517/09/202419/09/202320/09/202221/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202615/09/202630/09/2026DutchPDF
Full model31/03/202516/09/202523/09/2025DutchPDF
Full model31/03/202417/09/202417/10/2024DutchPDF
Full model31/03/202319/09/202325/09/2023DutchPDF
Full model31/03/202220/09/202206/10/2022DutchPDF
Full model31/03/202121/09/202123/09/2021DutchPDF
Full model31/03/202015/09/202025/09/2020DutchPDF
Full model31/03/201917/09/201926/11/2019DutchPDF
Full model31/03/201818/09/201826/09/2018DutchPDF
Full model31/03/201719/09/201725/09/2017DutchPDF
Full model31/03/201620/09/201628/09/2016DutchPDF
Full model31/03/201515/09/201524/09/2015DutchPDF
Full model31/03/201416/09/201422/09/2014DutchPDF
Full model31/03/201317/09/201323/09/2013DutchPDF
Full model31/03/201218/09/201221/09/2012DutchPDF
Full model31/03/201120/09/201130/09/2011DutchPDF
Full model31/03/201021/09/201022/09/2010DutchPDF
Full model31/03/200915/09/200918/09/2009DutchPDF
Full model31/03/200815/09/200819/09/2008DutchPDF
Full model31/03/200717/09/200704/10/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2026

6 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Michael Hamelryck
Director01/08/2026 → 21/09/2032
Jef Colruyt
Director19/09/2023 → 18/09/2029
Kris Castelein
Director19/09/2023 → 18/09/2029
Stefaan Vandamme
Director01/02/2019 → 01/08/2026
Jo Willemyns
Director01/04/2022 → 21/09/2027
Stefan Goethaert
Director01/04/2022 → 21/09/2027

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Franciscus Colruyt
Director2010 accounts
Frans Colruyt
Directoruntil 31/01/2019
Jean de Leu de Cecil
Director2015 accounts

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/11/2026
    Ontslag/benoeming bestuurder
    PDF
  • Other08/09/2026
    CONSTATATION DE LA VALEUR DEFINITIVE DU PATRIMOINE SCINDÉ,
    PDF
  • Other08/09/2026
    VASTSTELLING VAN DE DEFINITIEVE WAARDE VAN HET AFGESPLITSTE |
    PDF
  • Restructuring25/08/2026
    Dépôt et publication des projets de scission partielle
    PDF
  • Restructuring25/08/2026
    Neerlegging en bekendmaking (partiële) splitsingsvoorstellen
    PDF
  • Capital / shares18/05/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Capital / shares18/05/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Restructuring07/05/2026
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1960
Name
Registered office
Annual accounts
Filings12 filings
Mandates
Michael Hamelryck
Kris Castelein
Stefaan Vandamme
Jef Colruyt
Jo Willemyns
Stefan Goethaert
Marc Hofman
Franciscus Colruyt
Jean de Leu de Cecil
Wim Biesemans
Frans Colruyt
1966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029203020312032
COLIM
Edingensesteenweg 196, 1500 Halle
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Edingensesteenweg 196, 1500 HalleCurrent
accounts 2023 → 2026
Accounts 2026 · 2026-00543381

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Nirmana RetailCurrent
CBE since 03/11/2026
CBE
COLIM
CBE until 03/11/2026
CBE
COLIM
accounts 2023 → 2026
Accounts 2026 · 2026-00543381

Events

  1. 03/11/2026
    Name changeNirmana Retail
  2. 21/04/2026
    augmentation_capital
  3. 21/04/2026
    augmentation_capital
  4. 01/04/2026
    reduction_capital
  5. 01/04/2026
    augmentation_capital
  6. 01/04/2026
    split
  7. 2026
    Annual accounts 202617,2 M €↓
  8. 01/11/2025
    autre
  9. 16/09/2025
    reconductionErnst & Young Bedrijfsrevisoren · commissaris
  10. 2025
    Annual accounts 202550,2 M €↓
  11. 01/04/2024
    autre
  12. 2024
    Annual accounts 202456,8 M €↑
  13. 31/10/2023
    autre
  14. 31/03/2023
    augmentation_capital
  15. 2023
    Annual accounts 202327 M €↓
  16. 29/12/2022
    augmentation_capital
  17. 29/12/2022
    apport
  18. 31/10/2022
    autre
  19. 20/09/2022
    reconductionJef Colruyt · bestuurder
  20. 20/09/2022
    reconductionStefaan Vandamme · bestuurder
  21. 20/09/2022
    reconductionKris Castelein · bestuurder
  22. 01/04/2022
    nominationJo WILLEMYNS · bestuurder
  23. 01/04/2022
    nominationStefan GOETHAERT · bestuurder
  24. 01/01/2022
    reconductionErnst & Young Bedrijfsrevisoren · commissaris
  25. 2021
    Annual accounts 202128,7 M €↑
  26. 2020
    Annual accounts 202025,7 M €↑
  27. 2019
    Annual accounts 20199,9 M €↓
  28. 2018
    Annual accounts 201810,7 M €↓
  29. 2015
    Annual accounts 201519,1 M €↓
  30. 2012
    Annual accounts 201221,8 M €↑
  31. 2010
    Annual accounts 2010-6 k €
  32. 2009
    Annual accounts 2009
  33. 17/10/1960
    IncorporationPublic limited company