ACTIVE

First Retail International

Financial year 2025 · closed on 31/12/2025
Net result
-248,3 k €
-117.8% YoY
Gross margin
-274,8 k €
Equity
1,2 M €
-62.2% YoY

What does First Retail International do?

First Retail International is a Public limited company incorporated in 2012. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Dilbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0844.591.965
Incorporation
21/03/2012
Legal form
Public limited company
Registered office
Alfons Gossetlaan 34 box 401
1702 Dilbeek · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20252024202320222021202020192018201720162015201420132012
Income statement
Gross margin-274,8 k €
EBITDA-314,1 k €-462,3 k €-5,8 M €-3,5 M €-2,3 M €-1 M €-1,3 M €-1,3 M €-1,1 M €-1,5 M €-1,6 M €236,3 k €-1,8 M €-386,1 k €
Operating result-314,1 k €-462,3 k €-5,8 M €-3,5 M €-2,3 M €-1 M €-1,3 M €-1,3 M €-1,1 M €-1,5 M €-1,6 M €236,3 k €-1,8 M €-386,1 k €
Net result-248,3 k €1,4 M €39,8 M €10,2 M €3,9 M €8,4 M €7,3 M €-337,6 k €310,1 k €13,3 M €8,2 M €1,3 M €-858,1 k €-223,4 k €
Balance sheet
Equity1,2 M €3,1 M €4,4 M €3,5 M €5,8 M €21,8 M €28,2 M €30,3 M €66,6 M €64,8 M €47,5 M €46,3 M €26,5 M €10,2 M €
Total assets1,2 M €3,1 M €48,9 M €27,9 M €41,4 M €62,6 M €69,8 M €70,7 M €69,6 M €64,9 M €47,8 M €46,3 M €26,5 M €14,9 M €
Cash1,1 M €165,3 k €885,3 k €3,1 M €3,1 M €11,6 M €17,2 M €4,3 M €1,9 M €15,4 M €316,6 k €4 M €4,4 M €2,3 M €
Debts14,4 k €12,3 k €44,6 M €24,2 M €35,3 M €40,4 M €41,3 M €40,1 M €3 M €161,2 k €288,7 k €21,1 k €8,6 k €4,7 M €
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 10 active · 45 ended

Active mandates

Axel Despriet

Director · since 15 octobre 2019 · until 28 avril 2026

Active
SNOWDONIA

Director · since 28 mai 2019 · until 28 avril 2026 · 0451.446.710

Represented by Jan De Nys

Active
Annemie Baecke

Director · since 28 mai 2018 · until 28 avril 2026

Active
Banque Thaler

Director · since 28 mai 2018 · until 28 avril 2026

Represented by Dirk Eelbode

Active
Curalia

Director · since 28 mai 2018 · until 28 avril 2026 · 0406.290.141

Represented by Caroline De Blieck

Active
Fonds de pension KBC

Director · since 28 mai 2018 · until 28 avril 2026 · 0410.679.291

Represented by Niels Fransen

Active
Geuten Luc

Director · since 28 mai 2018 · until 28 avril 2026

Active
Nextgen BV

Director · since 28 mai 2018 · until 28 avril 2026

Represented by Jean-Marc Heynderickx

Active
Quintet Private Bank (Europe) SA

Director · since 28 mai 2018 · until 28 avril 2026

Represented by Georges Nédée

Active
CONSUCO

Director · since 27 septembre 2012 · until 28 avril 2026 · 0433.773.805

Represented by Alfred Bouckaert

Active

Ended mandates

Axel Despriet

Director · since 15 octobre 2019 · until 28 mai 2024

Ended
Axel Despriet

Director · since 15 octobre 2019 · until 29 avril 2025

Ended
Axel Despriet

Director · since 15 octobre 2019 · until 15 octobre 2025

Ended
SNOWDONIA

Director · since 28 mai 2019 · until 30 avril 2024 · 0451.446.710

Represented by De Nys Jan

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged 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 date11/05/202608/05/202513/05/202415/05/202330/05/202207/06/2021
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
Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/04/202611/05/2026DutchPDF
Full model31/12/202429/04/202508/05/2025DutchPDF
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 model31/12/201928/05/202017/06/2020DutchPDF
Full model31/12/201828/05/201913/06/2019DutchPDF
Full model31/12/201728/05/201801/06/2018DutchPDF
Full model31/12/201629/05/201723/08/2017DutchPDF
Full model31/12/201530/05/201620/06/2016DutchPDF
Full model31/12/201428/05/201503/06/2015DutchPDF
Full model31/12/201328/05/201403/06/2014DutchPDF
Full modelCorrection31/12/201228/05/201313/08/2013DutchPDF
Full model31/12/201228/05/201306/06/2013DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 45 ended

Active mandates

Axel Despriet

Director · since 15 octobre 2019 · until 28 avril 2026

Active
SNOWDONIA

Director · since 28 mai 2019 · until 28 avril 2026 · 0451.446.710

Represented by Jan De Nys

Active
Annemie Baecke

Director · since 28 mai 2018 · until 28 avril 2026

Active
Banque Thaler

Director · since 28 mai 2018 · until 28 avril 2026

Represented by Dirk Eelbode

Active
Curalia

Director · since 28 mai 2018 · until 28 avril 2026 · 0406.290.141

Represented by Caroline De Blieck

Active
Fonds de pension KBC

Director · since 28 mai 2018 · until 28 avril 2026 · 0410.679.291

Represented by Niels Fransen

Active
Geuten Luc

Director · since 28 mai 2018 · until 28 avril 2026

Active
Nextgen BV

Director · since 28 mai 2018 · until 28 avril 2026

Represented by Jean-Marc Heynderickx

Active
Quintet Private Bank (Europe) SA

Director · since 28 mai 2018 · until 28 avril 2026

Represented by Georges Nédée

Active
CONSUCO

Director · since 27 septembre 2012 · until 28 avril 2026 · 0433.773.805

Represented by Alfred Bouckaert

Active

Ended mandates

Axel Despriet

Director · since 15 octobre 2019 · until 28 mai 2024

Ended
Axel Despriet

Director · since 15 octobre 2019 · until 29 avril 2025

Ended
Axel Despriet

Director · since 15 octobre 2019 · until 15 octobre 2025

Ended
SNOWDONIA

Director · since 28 mai 2019 · until 30 avril 2024 · 0451.446.710

Represented by De Nys Jan

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates08/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/01/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/06/2022
    ALGEMENE VERGADERING
    PDF
  • Capital / shares08/03/2022
    KAPITAAL - AANDELEN
    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. 28/04/2026
    reconductionAlfred Bouckaert — bestuurder
  2. 28/04/2026
    reconductionJan De Nys — bestuurder
  3. 28/04/2026
    reconductionLuc Geuten — bestuurder
  4. 28/04/2026
    reconductionAxel Despriet — bestuurder
  5. 28/04/2026
    reconductionJean-Marc Heynderickx — bestuurder
  6. 28/04/2026
    reconductionGeorges Nédée — bestuurder
  7. 28/04/2026
    reconductionDirk Eelbode — bestuurder
  8. 28/04/2026
    reconductionNiels Fransen — bestuurder
  9. 28/04/2026
    reconductionAnnemie Baecke — bestuurder
  10. 28/04/2026
    reconductionCaroline De Blieck — bestuurder
  11. 2025
    Annual accounts 2025-248,3 k €
  12. 01/12/2025
    nominationNiels Fransen — vaste vertegenwoordiger van bestuurder-rechtspersoon
  13. 2024
    Annual accounts 20241,4 M €
  14. 01/12/2024
    nominationTim Derycke — vaste vertegenwoordiger van bestuurder
  15. 30/04/2024
    reconductionConsuco NV — bestuurder / voorzitter van de raad van bestuur
  16. 30/04/2024
    reconductionSnowdonia NV — bestuurder
  17. 30/04/2024
    reconductionLuc Geuten — bestuurder
  18. 30/04/2024
    reconductionAxel Despriet — bestuurder
  19. 30/04/2024
    reconductionNextgen BV — bestuurder
  20. 30/04/2024
    reconductionQuintet Private Bank (Europe) SA — bestuurder
  21. 30/04/2024
    reconductionPiet Colruyt — bestuurder
  22. 30/04/2024
    reconductionBanque Thaler SA — bestuurder
  23. 30/04/2024
    reconductionPensioenfonds KBC OFP — bestuurder
  24. 30/04/2024
    reconductionAnnemie Baecke — bestuurder
  25. 30/04/2024
    reconductionCuralia OVV — bestuurder
  26. 2023
    Annual accounts 202339,8 M €
  27. 2022
    Annual accounts 202210,2 M €
  28. 25/05/2022
    reconductionEY Bedrijfsrevisoren BV — commissaris
  29. 2021
    Annual accounts 20213,9 M €
  30. 2020
    Annual accounts 20208,4 M €
  31. 2019
    Annual accounts 20197,3 M €
  32. 2018
    Annual accounts 2018-337,6 k €
  33. 2017
    Annual accounts 2017310,1 k €
  34. 2016
    Annual accounts 201613,3 M €
  35. 2015
    Annual accounts 20158,2 M €
  36. 2014
    Annual accounts 20141,3 M €
  37. 2013
    Annual accounts 2013-858,1 k €
  38. 2012
    Annual accounts 2012-223,4 k €
  39. 21/03/2012
    IncorporationPublic limited company