ACTIVE

The Retail Connection

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Financial year 2025 · closed on 31/12/2025
Net result
88,9 k €
+2.1% YoY
Revenue
227,3 k €
Equity
371,1 k €
+31.5% YoY

What does The Retail Connection do?

The Retail Connection is a Private limited company incorporated in 2013. Its main activity is: Management consultancy activities. Its registered office is in Schilde.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0524.934.603
Incorporation
28/03/2013
Legal form
Private limited company
Registered office
Dianalaan 26
2970 Schilde · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820172016201520142013
Income statement
Revenue227,3 k €––––––––––
EBITDA114,9 k €102,9 k €43,4 k €88,7 k €100,8 k €3,5 k €11,7 k €74,9 k €49 k €66,6 k €22,1 k €
Operating result113,8 k €102,2 k €43 k €88,4 k €100,8 k €1,8 k €5,4 k €67,8 k €41,9 k €59,3 k €8,8 k €
Net result88,9 k €87,1 k €30,9 k €62,2 k €71,1 k €-454,3 €1,1 k €38,4 k €23,1 k €37,6 k €5,2 k €
Balance sheet
Equity371,1 k €282,2 k €195 k €164,1 k €140,3 k €71,2 k €71,6 k €70,5 k €32,1 k €9 k €11,4 k €
Total assets435,1 k €329 k €236,3 k €248,2 k €205,2 k €132,9 k €130,6 k €157,5 k €117,9 k €156 k €145,3 k €
Cash55,1 k €91,1 k €84,6 k €199,6 k €78,4 k €8,9 k €26,8 k €16,7 k €9,7 k €21,9 k €94,6 k €
Debts61,8 k €43,6 k €40,1 k €81,5 k €63,4 k €38,7 k €20,6 k €34,8 k €19,7 k €67,5 k €37,6 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Pascale Baelden

Director · since 10 mars 2026

Active
Denis Pilet

Director · since 28 mars 2013

Active

Ended mandates

Denis Pilet

Manager · since 28 mars 2013

Ended
Denis Pilet

Manager

Ended
Inge Van Ermengem

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date01/07/202602/06/202511/07/202431/08/202316/05/202229/03/2021
General meeting04/06/202608/04/202506/06/202430/06/202327/04/202215/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/06/202601/07/2026DutchPDF
Micro model31/12/202408/04/202502/06/2025DutchPDF
Micro model31/12/202306/06/202411/07/2024DutchPDF
Micro model31/12/202230/06/202331/08/2023DutchPDF
Micro model31/12/202127/04/202216/05/2022DutchPDF
Micro model31/12/202015/03/202129/03/2021DutchPDF
Micro model31/12/201915/04/202008/06/2020DutchPDF
Micro model31/12/201812/03/201909/04/2019DutchPDF
Micro model31/12/201716/02/201815/03/2018DutchPDF
Micro model31/12/201601/06/201727/07/2017DutchPDF
Abridged model31/12/201506/04/201609/05/2016DutchPDF
Abridged model31/12/201427/02/201501/04/2015DutchPDF
Abridged model31/12/201312/06/201408/07/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Pascale Baelden

Director · since 10 mars 2026

Active
Denis Pilet

Director · since 28 mars 2013

Active

Ended mandates

Denis Pilet

Manager · since 28 mars 2013

Ended
Denis Pilet

Manager

Ended
Inge Van Ermengem

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other18/03/2026
    STATUTEN (VERTALING, COORDINATIE, OVERIGE
    PDF
  • Registered office15/09/2025
    ZETELVERPLAATSING - VOLMACHT
    PDF
  • Mandates07/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/04/2013
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

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 202588,9 k €↑
  2. 2024
    Annual accounts 202487,1 k €↑
  3. 2023
    Annual accounts 202330,9 k €↓
  4. 2022
    Annual accounts 202262,2 k €↓
  5. 2021
    Annual accounts 202171,1 k €↑
  6. 2018
    Annual accounts 2018-454,3 €↓
  7. 2017
    Annual accounts 20171,1 k €↓
  8. 2016
    Annual accounts 201638,4 k €↑
  9. 2015
    Annual accounts 201523,1 k €↓
  10. 2014
    Annual accounts 201437,6 k €↑
  11. 2013
    Annual accounts 20135,2 k €
  12. 28/03/2013
    IncorporationPrivate limited company