ACTIVE

RETAIL STUDIO

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Financial year 2025 · closed on 31/12/2025
Net result
-69,3 k €
-90.8% YoY
Gross margin
82,6 k €
-62.6% YoY
Equity
7,9 M €
+45.7% YoY
Workforce
1,0 ETP
-37.5% YoY

What does RETAIL STUDIO do?

RETAIL STUDIO is a Public limited company incorporated in 2022. Its registered office is in La Hulpe. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0785.624.774
Incorporation
02/05/2022
Legal form
Public limited company
Registered office
Chaussée de Bruxelles 135 A
1310 La Hulpe · WallonieSee on map
Contributed capital
8 226 926,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Joint committees (2)
  • 200
  • 20000
Signals
Solid equityLow riskGood liquidityPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin82,6 k €220,5 k €148 k €-136,8 k €
EBITDA40,5 k €54,4 k €17,6 k €-146,4 k €
Operating result-11,8 k €3,5 k €-27,6 k €-154,7 k €
Net result-69,3 k €-36,3 k €-47,9 k €-161,2 k €
Balance sheet
Equity7,9 M €5,4 M €3,4 M €-96,4 k €
Total assets9,3 M €7,2 M €4,2 M €981,4 k €
Cash669,8 k €993,2 k €168,9 k €34,3 k €
Debts1,4 M €1,8 M €741,5 k €1,1 M €
Other
Workforce1,0 ETP1,6 ETP––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 14 ended

Active mandates

Yvan VEROUGSTRAETE

Director · since 19 janvier 2023 · until 13 mai 2025

Active
Constantin Liardet

Director

Active
Jacques Hayez

Director

Active
Jean-Marc Van Cutsem

Director

Active
Julie Vandenbrande

Managing director

Active
NEXTGEN INVESTMENT GROUP

Director · 0795.435.236

Represented by Jean-Marc Heynderickx

Active
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Director · 0430.636.943

Represented by Corinne Estievenart

Active
Xavier Vanpoucke

Director

Active

Ended mandates

Constantin Liardet

Director · since 25 décembre 2024 · until 14 mai 2030

Ended
HUMAN CAPITAL REP.

Director · since 19 janvier 2023 · until 25 décembre 2024 · 0785.462.250

Represented by Constantin Liardet

Ended
HUMAN CAPITAL REP.

Director · since 19 janvier 2023 · 0785.462.250

Represented by Bart Vanhove

Ended
Jacques Hayez

Director · since 19 janvier 2023

Ended
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0802.891.962
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202302/05/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months8 months
Filing date10/07/202623/07/202525/06/202413/07/2023
General meeting23/06/202630/06/202529/05/202430/06/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/06/202610/07/2026FrenchPDF
Abridged model31/12/202430/06/202523/07/2025FrenchPDF
Abridged model31/12/202329/05/202425/06/2024FrenchPDF
Abridged model31/12/202230/06/202313/07/2023FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 8 active · 14 ended

Active mandates

Yvan VEROUGSTRAETE

Director · since 19 janvier 2023 · until 13 mai 2025

Active
Constantin Liardet

Director

Active
Jacques Hayez

Director

Active
Jean-Marc Van Cutsem

Director

Active
Julie Vandenbrande

Managing director

Active
NEXTGEN INVESTMENT GROUP

Director · 0795.435.236

Represented by Jean-Marc Heynderickx

Active
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Director · 0430.636.943

Represented by Corinne Estievenart

Active
Xavier Vanpoucke

Director

Active

Ended mandates

Constantin Liardet

Director · since 25 décembre 2024 · until 14 mai 2030

Ended
HUMAN CAPITAL REP.

Director · since 19 janvier 2023 · until 25 décembre 2024 · 0785.462.250

Represented by Constantin Liardet

Ended
HUMAN CAPITAL REP.

Director · since 19 janvier 2023 · 0785.462.250

Represented by Bart Vanhove

Ended
Jacques Hayez

Director · since 19 janvier 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares06/07/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates26/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares10/10/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates06/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares25/09/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates04/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other15/02/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025-69,3 k €↓
  2. 2024
    Annual accounts 2024-36,3 k €↑
  3. 2023
    Annual accounts 2023-47,9 k €↑
  4. 2022
    Annual accounts 2022-161,2 k €
  5. 02/05/2022
    IncorporationPublic limited company