ACTIVE

TUI Belgium Retail

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Financial year 2025 · Closed on 30/09/2025

Net result-3,6 M €-320,4 %over 1 year

Revenue44,3 M €-3,1 %over 1 year

Equity26,3 M €-12,2 %over 1 year

Workforce433,0 ETP+3,7 %over 1 year

Identity

Source · BCE/KBO

TUI Belgium Retail is a Public limited company incorporated in 1977. Its registered office is in Zaventem. It employs on average 433,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0416.827.707
Incorporation: 10/01/1977
Legal form: Public limited company
Registered office: Luchthaven Brussel Nationaal 40P box 1
1930 Zaventem · FlandreSee on map
Contributed capital: 14 858 114,69 €
Latest accounts: 30/09/2025
Average workforce: 433,0 ETP

Joint committees (1)

Signals

Solid equityLow riskGood liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 23 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	44,3 M €	-3.1%	45,7 M €	+12.2%	40,8 M €	-77.3%	179,4 M €	-9.5%	198,3 M €
EBITDA	-2,6 M €	-137%	7 M €	+34.9%	5,2 M €	-41.1%	8,9 M €	+400%	-3 M €
Operating result	-3,6 M €	-163%	5,8 M €	+44.5%	4 M €	-46.7%	7,5 M €	+242%	-5,3 M €
Net result	-3,6 M €	-320%	1,7 M €	-47.7%	3,2 M €	-45.6%	5,8 M €	+439%	-1,7 M €
Balance sheet
Equity	26,3 M €	-12.2%	29,9 M €	+5.9%	28,3 M €	+12.6%	25,1 M €	+30.1%	19,3 M €
Total assets	50,5 M €	-3.6%	52,4 M €	-2.8%	53,9 M €	-45.9%	99,5 M €	-60.9%	254,5 M €
Cash	1,3 M €	+320%	313 k €	-16.0%	372,5 k €	-72.3%	1,3 M €	-36.6%	2,1 M €
Debts	20,8 M €	+0.7%	20,6 M €	-13.5%	23,8 M €	-67.2%	72,7 M €	-68.9%	234,1 M €
Other
Workforce	433,0 ETP	+3.7%	417,4 ETP	+6.8%	390,7 ETP	+7.6%	363,1 ETP	-2.4%	371,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

5 active · 29 ended

Active mandates

Arjan Kers

Director · since 17 mars 2025 · until 08 janvier 2031

Active

Luke Bailey

Director · since 17 mars 2025 · until 08 janvier 2031

Active

Suzanne Goossen

Director · since 17 mars 2025 · until 08 janvier 2031

Active

Günther Hofman

Director · since 23 décembre 2021 · until 16 mars 2025

Active

WIVABE SERVICES

Director · since 19 mars 2018 · until 31 décembre 2024 · 0828.080.684

Represented by Wim Van Besien

Active

Ended mandates

Günther Hofman

Director · since 23 décembre 2021 · until 22 décembre 2027

Ended

ELIE BRUYNINCKX CONSULTING

Director · since 19 mars 2018 · until 08 janvier 2024 · 0873.528.352

Represented by Elie Bruyninckx

Ended

ELIE BRUYNINCKX CONSULTING

Director · since 19 mars 2018 · until 20 mars 2024 · 0873.528.352

Represented by Elie Bruyninckx

Ended

ELIE BRUYNINCKX CONSULTING

Director · since 19 mars 2018 · until 30 septembre 2024 · 0873.528.352

Represented by Elie Bruyninckx

Ended

Other companies at this address

Luchthaven Brussel Nationaal 40P 1930 Zaventem

Company	CBE no.
TUI Belgium Real Estate● Active	0405.765.351
TUIFLY ACADEMY BRUSSELS● Active	0447.518.309
TUI TECHNOLOGY● Active	0692.803.197

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	09/01/2026	02/01/2026	22/01/2024	07/02/2023	21/02/2022	30/03/2021
General meeting	08/01/2026	08/01/2025	08/01/2024	09/01/2023	10/01/2022	22/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 23 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2025	08/01/2026	09/01/2026	Dutch	PDF
Full modelCorrection	30/09/2024	08/01/2025	02/01/2026	Dutch	PDF
Full model	30/09/2024	08/01/2025	09/01/2025	Dutch	PDF
Full model	30/09/2023	08/01/2024	22/01/2024	Dutch	PDF
Full model	30/09/2022	09/01/2023	07/02/2023	Dutch	PDF
Full model	30/09/2021	10/01/2022	21/02/2022	Dutch	PDF
Full model	30/09/2020	22/03/2021	30/03/2021	Dutch	PDF
Full modelCorrection	30/09/2019	03/04/2020	07/04/2020	Dutch	PDF
Full model	30/09/2019	20/03/2020	23/03/2020	Dutch	PDF
Full model	30/09/2018	20/03/2019	25/03/2019	Dutch	PDF
Full model	30/09/2017	20/03/2018	22/03/2018	Dutch	PDF
Full model	30/09/2016	31/01/2017	13/03/2017	Dutch	PDF
Full model	30/09/2015	21/03/2016	29/03/2016	Dutch	PDF
Full modelCorrection	30/09/2014	20/03/2015	18/09/2015	Dutch	PDF
Full model	30/09/2014	20/03/2015	30/03/2015	Dutch	PDF
Full model	30/09/2013	20/03/2014	21/03/2014	Dutch	PDF
Full model	30/09/2012	20/03/2013	28/03/2013	Dutch	PDF
Full model	30/09/2011	20/03/2012	27/03/2012	Dutch	PDF
Full model	30/09/2010	21/03/2011	13/04/2011	Dutch	PDF
Full model	30/09/2009	20/03/2010	29/03/2010	Dutch	PDF
Full model	30/09/2008	20/03/2009	30/03/2009	Dutch	PDF
Full model	30/09/2007	20/03/2008	24/04/2008	Dutch	PDF
Full model	31/12/2006	12/06/2007	03/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/09/2025

5 active · 29 ended

Active mandates

Arjan Kers

Director · since 17 mars 2025 · until 08 janvier 2031

Active

Luke Bailey

Director · since 17 mars 2025 · until 08 janvier 2031

Active

Suzanne Goossen

Director · since 17 mars 2025 · until 08 janvier 2031

Active

Günther Hofman

Director · since 23 décembre 2021 · until 16 mars 2025

Active

WIVABE SERVICES

Director · since 19 mars 2018 · until 31 décembre 2024 · 0828.080.684

Represented by Wim Van Besien

Active

Ended mandates

Günther Hofman

Director · since 23 décembre 2021 · until 22 décembre 2027

Ended

ELIE BRUYNINCKX CONSULTING

Director · since 19 mars 2018 · until 08 janvier 2024 · 0873.528.352

Represented by Elie Bruyninckx

Ended

ELIE BRUYNINCKX CONSULTING

Director · since 19 mars 2018 · until 20 mars 2024 · 0873.528.352

Represented by Elie Bruyninckx

Ended

ELIE BRUYNINCKX CONSULTING

Director · since 19 mars 2018 · until 30 septembre 2024 · 0873.528.352

Represented by Elie Bruyninckx

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2025
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates23/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/01/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates29/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/04/2021
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 2025-3,6 M €↓
12/03/2025
nominationSuzanne Goossens — bestuurder
12/03/2025
nominationArjan, Johannes Gijsbertus Kers — bestuurder
12/03/2025
nominationLuke Bailey — bestuurder
2024
Annual accounts 20241,7 M €↓
2023
Annual accounts 20233,2 M €↓
09/01/2023
reconductionDeloitte Bedrijfsrevisoren BV — commissaris
2022
Annual accounts 20225,8 M €↑
2021
Annual accounts 2021-1,7 M €↑
2020
Annual accounts 2020-17,7 M €↓
2019
Annual accounts 20198,7 M €↑
2018
Annual accounts 20184,5 M €↑
2017
Annual accounts 20173,1 M €↑
2016
Annual accounts 20162 M €↓
2015
Annual accounts 20152,6 M €↑
2014
Annual accounts 20142,5 M €↑
2013
Annual accounts 2013859,5 k €↑
2012
Annual accounts 2012728,8 k €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 20101,1 M €↑
2009
Annual accounts 2009690 k €↓
2008
Annual accounts 20082,6 M €
10/01/1977
IncorporationPublic limited company

TUI Belgium Retail

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline