ACTIVE

ASSOCIATED RETAIL

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Financial year 2025 · Closed on 31/12/2025

Net result
18,5 k €
+162,7 %over 1 year
Revenue
1,1 M €
-29,8 %over 1 year
Equity
790,5 k €
+2,4 %over 1 year

Identity

Source · BCE/KBO

ASSOCIATED RETAIL is a Public limited company incorporated in 1975. Its main activity is: Warehousing and storage. Its registered office is in Nivelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0414.847.026
Incorporation
30/01/1975
Legal form
Public limited company
Registered office
Rue de l'Industrie 6
1400 Nivelles · WallonieSee on map
Contributed capital
780 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
  • 200
  • 202
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue1,1 M €1,5 M €5 M €3,6 M €8,1 k €
EBITDA238 k €-2,1 M €-2,3 M €206,6 k €-86,7 k €
Operating result19,9 k €-2,3 M €-2,5 M €78,5 k €-107,5 k €
Net result18,5 k €-29,6 k €-2,6 M €49,2 k €-112,1 k €
Balance sheet
Equity790,5 k €772 k €-2,6 M €-62,9 k €-112,1 k €
Total assets1,6 M €2,1 M €2,3 M €2,8 M €315,9 k €
Cash5 k €10,1 k €2,8 k €3,9 k €20,1 k €
Debts274,8 k €538,5 k €1,7 M €1,9 M €336,6 k €
Other
Workforce–26,0 ETP18,6 ETP3,0 ETP–

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 30 ended

Active mandates

HEREAL

Director · since 01 octobre 2024 · 0832.326.118

Represented by Stephan Lesage

Active

Ended mandates

Christophe GARCIA

Managing director · since 31 mai 2023 · until 29 mai 2026

Ended
Christophe GARCIA

Managing director · since 20 juin 2022 · until 31 mai 2023

Ended
Claude DELESTINNE

Director · since 31 mai 2022 · until 30 mai 2025

Ended
Louis BOURIEZ

Director · since 31 mai 2022 · until 30 mai 2025

Ended

Other companies at this address

Rue de l'Industrie 6 1400 Nivelles
CompanyCBE no.
MY AMERICAN SHOP● Active
0745.933.661

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/07/202617/07/202508/09/202427/06/202328/06/202210/06/2021
General meeting30/06/202602/07/202528/06/202431/05/202331/05/202231/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202530/06/202609/07/2026FrenchPDF
Full model31/12/202402/07/202517/07/2025FrenchPDF
Full model31/12/202328/06/202408/09/2024FrenchPDF
Full model31/12/202231/05/202327/06/2023FrenchPDF
Full model31/12/202131/05/202228/06/2022FrenchPDF
Full model31/12/202031/05/202110/06/2021FrenchPDF
Full model31/12/201929/05/202019/06/2020FrenchPDF
Full model31/12/201831/05/201921/06/2019FrenchPDF
Full model31/12/201731/05/201819/06/2018FrenchPDF
Full model31/12/201631/05/201721/06/2017FrenchPDF
Full model31/12/201531/05/201616/06/2016FrenchPDF
Full model31/12/201429/05/201518/06/2015FrenchPDF
Full model31/12/201330/05/201423/06/2014FrenchPDF
Full model31/12/201231/05/201318/06/2013FrenchPDF
Full modelCorrection31/12/201131/05/201206/08/2012FrenchPDF
Full model31/12/201131/05/201219/06/2012FrenchPDF
Full model31/12/201031/05/201120/06/2011FrenchPDF
Full model31/12/200931/05/201022/06/2010FrenchPDF
Full model31/12/200829/05/200925/06/2009FrenchPDF
Full model31/12/200730/05/200818/06/2008FrenchPDF
Full model31/12/200618/06/200709/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025

1 active · 30 ended

Active mandates

HEREAL

Director · since 01 octobre 2024 · 0832.326.118

Represented by Stephan Lesage

Active

Ended mandates

Christophe GARCIA

Managing director · since 31 mai 2023 · until 29 mai 2026

Ended
Christophe GARCIA

Managing director · since 20 juin 2022 · until 31 mai 2023

Ended
Claude DELESTINNE

Director · since 31 mai 2022 · until 30 mai 2025

Ended
Louis BOURIEZ

Director · since 31 mai 2022 · until 30 mai 2025

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/11/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares09/09/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Registered office10/07/2024
    SIEGE SOCIAL
    PDF
  • Mandates09/08/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other30/12/2021
    OBJET
    PDF
  • Mandates13/08/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/06/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Other07/01/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 202518,5 k €↑
  2. 2024
    Annual accounts 2024-29,6 k €↑
  3. 2023
    Annual accounts 2023-2,6 M €↓
  4. 2022
    Annual accounts 202249,2 k €↑
  5. 2021
    Annual accounts 2021-112,1 k €↓
  6. 2020
    Annual accounts 2020
  7. 2019
    Annual accounts 2019
  8. 2018
    Annual accounts 2018
  9. 2017
    Annual accounts 2017
  10. 2016
    Annual accounts 2016
  11. 2015
    Annual accounts 201517 k €↓
  12. 2014
    Annual accounts 2014110,5 k €↓
  13. 2013
    Annual accounts 2013221,4 k €↓
  14. 2012
    Annual accounts 2012875,7 k €↑
  15. 2011
    Annual accounts 201192,1 k €↑
  16. 2010
    Annual accounts 201054,5 k €↓
  17. 2009
    Annual accounts 200983,7 k €↑
  18. 2008
    Annual accounts 200840,8 k €↑
  19. 2007
    Annual accounts 2007-149 k €↑
  20. 2006
    Annual accounts 2006-218,8 k €
  21. 30/01/1975
    IncorporationPublic limited company