ACTIVE

First Retail International 2

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Financial year 2025 · Closed on 31/12/2025

Net result6,8 M €-79,5 %over 1 year
Revenue1,3 M €+9,7 %over 1 year
Equity184 M €-12,5 %over 1 year

Identity

Source · BCE/KBO

First Retail International 2 is a Public limited company incorporated in 2015. Its main activity is: Management consultancy activities. Its registered office is in Dilbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0644.497.494
Incorporation
14/12/2015
Legal form
Public limited company
Registered office
Alfons Gossetlaan 34 box 401
1702 Dilbeek · FlandreSee on map
Contributed capital
43 422 720,91 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHigh revenue

Financials

Source · NBB, 10 filings

Trend over 10 financial years

20252024202320222021
Income statement
Revenue1,3 M €1,2 M €811,3 k €1,8 M €1,4 M €
EBITDA-4,8 M €-4,9 M €-5,3 M €-5,8 M €-4,2 M €
Operating result-4,8 M €-4,9 M €-5,3 M €-5,8 M €-4,2 M €
Net result6,8 M €33 M €87,8 M €2,5 M €2 M €
Balance sheet
Equity184 M €210,2 M €308,2 M €180,8 M €159,5 M €
Total assets190,5 M €213,6 M €316 M €224,9 M €177,4 M €
Cash1,9 M €3,1 M €2,5 M €829,9 k €4,3 M €
Debts2,7 M €152,9 k €5,3 M €44 M €17,9 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

15 active · 48 ended

Active mandates

Renaud Fayt

Director · since 29 avril 2025 · until 27 avril 2027

Active
ViBel

Director · since 10 octobre 2022 · until 27 avril 2027 · 0657.793.127

Represented by Carl-Philip de Villegas de Clercamp

Active
Annemie Baecke

Director · since 28 mai 2021 · until 27 avril 2027

Active
Carpentier Sylvie

Director · since 28 mai 2021 · until 27 avril 2027

Active
Colruyt Group

Director · since 28 mai 2021 · until 27 avril 2027 · 0400.378.485

Represented by Roel Beyl

Active
COMPAGNIE DU BOIS SAUVAGE

Director · since 28 mai 2021 · until 27 avril 2027 · 0402.964.823

Represented by Patrick Van Craen

Active
CONSUCO

Chairman of the board of directors · since 28 mai 2021 · until 27 avril 2027 · 0433.773.805

Represented by Alfred Bouckaert

Active
Curalia

Director · since 28 mai 2021 · until 27 avril 2027 · 0406.290.141

Represented by Caroline De Blieck

Active
Despriet Axel

Director · since 28 mai 2021 · until 27 avril 2027

Active
Federale Verzekering CV

Director · since 28 mai 2021 · until 27 avril 2027 · 0403.257.506

Represented by Valérie Jongenelen

Active
Fonds de pension KBC

Director · since 28 mai 2021 · until 27 avril 2027 · 0410.679.291

Represented by Luc Vanbriel

Active
Geuten Luc

Director · since 28 mai 2021 · until 27 avril 2027

Active
Koen De Schutter

Director · since 28 mai 2021 · until 27 avril 2027

Active
P & V Assurances

Director · since 28 mai 2021 · until 27 avril 2027 · 0402.236.531

Represented by Wim Impens

Active
SNOWDONIA

Director · since 28 mai 2021 · until 27 avril 2027 · 0451.446.710

Represented by Jan De Nys

Active

Ended mandates

ViBel

Director · since 10 octobre 2022 · until 28 mai 2027 · 0657.793.127

Represented by Carl-Philip de Villegas de Clercamp

Ended
Annemie Baecke

Director · since 28 mai 2021 · until 28 mai 2027

Ended
Carpentier Sylvie

Director · since 28 mai 2021 · until 28 mai 2027

Ended
Colruyt Group

Director · since 28 mai 2021 · until 27 avril 2027 · 0400.378.485

Represented by Roel Beyl

Ended

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Alfons Gossetlaan 34 1702 Dilbeek
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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 date11/05/202619/05/202513/05/202415/05/202330/05/202207/06/2021
General meeting28/04/202629/04/202530/04/202425/04/202325/05/202228/05/2021
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, 10 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/04/202611/05/2026DutchPDF
Full model31/12/202429/04/202519/05/2025DutchPDF
Full model31/12/202330/04/202413/05/2024DutchPDF
Full model31/12/202225/04/202315/05/2023DutchPDF
Full model31/12/202125/05/202230/05/2022DutchPDF
Full model31/12/202028/05/202107/06/2021DutchPDF
Full model31/12/201928/05/202009/06/2020DutchPDF
Full model31/12/201828/05/201913/06/2019DutchPDF
Full model31/12/201728/05/201801/06/2018DutchPDF
Full model31/12/201629/05/201723/08/2017DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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

15 active · 48 ended

Active mandates

Renaud Fayt

Director · since 29 avril 2025 · until 27 avril 2027

Active
ViBel

Director · since 10 octobre 2022 · until 27 avril 2027 · 0657.793.127

Represented by Carl-Philip de Villegas de Clercamp

Active
Annemie Baecke

Director · since 28 mai 2021 · until 27 avril 2027

Active
Carpentier Sylvie

Director · since 28 mai 2021 · until 27 avril 2027

Active
Colruyt Group

Director · since 28 mai 2021 · until 27 avril 2027 · 0400.378.485

Represented by Roel Beyl

Active
COMPAGNIE DU BOIS SAUVAGE

Director · since 28 mai 2021 · until 27 avril 2027 · 0402.964.823

Represented by Patrick Van Craen

Active
CONSUCO

Chairman of the board of directors · since 28 mai 2021 · until 27 avril 2027 · 0433.773.805

Represented by Alfred Bouckaert

Active
Curalia

Director · since 28 mai 2021 · until 27 avril 2027 · 0406.290.141

Represented by Caroline De Blieck

Active
Despriet Axel

Director · since 28 mai 2021 · until 27 avril 2027

Active
Federale Verzekering CV

Director · since 28 mai 2021 · until 27 avril 2027 · 0403.257.506

Represented by Valérie Jongenelen

Active
Fonds de pension KBC

Director · since 28 mai 2021 · until 27 avril 2027 · 0410.679.291

Represented by Luc Vanbriel

Active
Geuten Luc

Director · since 28 mai 2021 · until 27 avril 2027

Active
Koen De Schutter

Director · since 28 mai 2021 · until 27 avril 2027

Active
P & V Assurances

Director · since 28 mai 2021 · until 27 avril 2027 · 0402.236.531

Represented by Wim Impens

Active
SNOWDONIA

Director · since 28 mai 2021 · until 27 avril 2027 · 0451.446.710

Represented by Jan De Nys

Active

Ended mandates

ViBel

Director · since 10 octobre 2022 · until 28 mai 2027 · 0657.793.127

Represented by Carl-Philip de Villegas de Clercamp

Ended
Annemie Baecke

Director · since 28 mai 2021 · until 28 mai 2027

Ended
Carpentier Sylvie

Director · since 28 mai 2021 · until 28 mai 2027

Ended
Colruyt Group

Director · since 28 mai 2021 · until 27 avril 2027 · 0400.378.485

Represented by Roel Beyl

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/10/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates19/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/01/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares20/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates03/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/04/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    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 20256,8 M €↓
  2. 08/10/2025
    reduction_capital
  3. 29/04/2025
    nominationRenaud Fayt — bestuurder
  4. 15/01/2025
    reduction_capital
  5. 2024
    Annual accounts 202433 M €↓
  6. 01/12/2024
    nominationTim Derycke — vaste vertegenwoordiger van bestuurder
  7. 09/04/2024
    reduction_capital
  8. 29/01/2024
    reduction_capital
  9. 2023
    Annual accounts 202387,8 M €↑
  10. 16/10/2023
    reduction_capital
  11. 2022
    Annual accounts 20222,5 M €↑
  12. 10/10/2022
    nominationDE VILLEGAS DE CLERCAMP Carl-Philip Paul — bestuurder
  13. 10/10/2022
    reduction_capital
  14. 25/05/2022
    reconductionEY Bedrijfsrevisoren BV — commissaris
  15. 2021
    Annual accounts 20212 M €↓
  16. 2020
    Annual accounts 20209,3 M €↑
  17. 2019
    Annual accounts 20192,9 M €↑
  18. 2018
    Annual accounts 2018959,1 k €↑
  19. 2017
    Annual accounts 2017-1,7 M €↑
  20. 2016
    Annual accounts 2016-3 M €
  21. 14/12/2015
    IncorporationPublic limited company