ACTIVE

Smart Retail Business

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Financial year 2025 · Closed on 31/12/2025

Net result302 k €+0,4 %over 1 year
Gross margin1,6 M €+2,0 %over 1 year
Equity666,9 k €+5,9 %over 1 year
Workforce19,5 ETP-14,5 %over 1 year

Identity

Source · BCE/KBO

Smart Retail Business is a Public limited company incorporated in 2012. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Turnhout. It employs on average 19,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0846.374.191
Incorporation
23/05/2012
Legal form
Public limited company
Registered office
Parklaan 170 box B
2300 Turnhout · FlandreSee on map
Contributed capital
600 000,00 €
Latest accounts
31/12/2025
Average workforce
19,5 ETP
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 13 filings

Trend over 11 financial years

20252024202320222021
Income statement
Gross margin1,6 M €1,6 M €1,4 M €1,2 M €1,3 M €
EBITDA677,9 k €661,1 k €470 k €267,1 k €343,3 k €
Operating result427,3 k €407,8 k €189,5 k €1,3 k €118,6 k €
Net result302 k €300,9 k €129,6 k €-17,5 k €99,3 k €
Balance sheet
Equity666,9 k €629,8 k €613 k €593,4 k €611 k €
Total assets2,4 M €2,9 M €3 M €2,9 M €2,5 M €
Cash266,8 k €299,1 k €88,4 k €69 k €110,1 k €
Debts1,7 M €2,1 M €2,3 M €2,3 M €1,8 M €
Other
Workforce19,5 ETP22,8 ETP21,5 ETP22,1 ETP24,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

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

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 19 ended

Active mandates

VLH Holding

Director · 0694.745.375

Represented by Hans VAN LEEUWEN

Active

Ended mandates

VLH Holding

Managing director · since 10 janvier 2020 · until 10 janvier 2026 · 0694.745.375

Represented by Hans Van Leeuwen

Ended
NAVIRIS

Director · since 01 juillet 2017 · until 30 juin 2023 · 0564.797.544

Represented by Ivan Vandevivere

Ended
Dorien Boeren

Chairman of the board of directors · since 09 novembre 2015 · until 12 juin 2021

Ended
TABEMARI

Managing director · since 09 novembre 2015 · until 12 juin 2021 · 0896.414.810

Represented by Claudia Boeren

Ended

Other companies at this address

Parklaan 170 2300 Turnhout
CompanyCBE no.
HERMES MANAGEMENT & CONSULTANCY● Active
0478.386.380
HZ Tessenderlo● Active
0783.644.390
JLR● Active
0771.602.336
JVL Beerse● Active
0745.751.242
LVL Vosselaar● Active
0745.749.955
LZ Vlijtingen● Active
0793.557.691
PDService&QualityMeat● Active
0757.837.937
PJ Company● Active
0720.903.208
RVL Hoogstraten● Active
0732.758.685
VLH Holding● Active
0694.745.375
WVL Invest● Active
0771.602.138

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/04/2020
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 months9 months
Filing date31/08/202620/08/202530/09/202430/08/202329/08/202203/08/2021
General meeting02/06/202603/06/202504/06/202430/06/202307/06/202229/07/2021
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, 13 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202631/08/2026DutchPDF
Abridged model31/12/202403/06/202520/08/2025DutchPDF
Abridged model31/12/202304/06/202430/09/2024DutchPDF
Abridged model31/12/202230/06/202330/08/2023DutchPDF
Abridged model31/12/202107/06/202229/08/2022DutchPDF
Abridged model31/12/202029/07/202103/08/2021DutchPDF
Abridged model31/03/202016/09/202029/10/2020DutchPDF
Abridged model31/03/201916/08/201926/09/2019DutchPDF
Abridged model31/03/201815/09/201831/10/2018DutchPDF
Abridged model31/03/201701/07/201729/09/2017DutchPDF
Abridged model30/09/201512/03/201631/03/2016DutchPDF
Abridged model30/09/201414/03/201530/04/2015DutchPDF
Abridged model30/09/201308/03/201429/04/2014DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 19 ended

Active mandates

VLH Holding

Director · 0694.745.375

Represented by Hans VAN LEEUWEN

Active

Ended mandates

VLH Holding

Managing director · since 10 janvier 2020 · until 10 janvier 2026 · 0694.745.375

Represented by Hans Van Leeuwen

Ended
NAVIRIS

Director · since 01 juillet 2017 · until 30 juin 2023 · 0564.797.544

Represented by Ivan Vandevivere

Ended
Dorien Boeren

Chairman of the board of directors · since 09 novembre 2015 · until 12 juin 2021

Ended
TABEMARI

Managing director · since 09 novembre 2015 · until 12 juin 2021 · 0896.414.810

Represented by Claudia Boeren

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares19/05/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates24/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
    PDF
  • Mandates18/02/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/11/2015
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Other15/06/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025302 k €↑
  2. 2024
    Annual accounts 2024300,9 k €↑
  3. 2023
    Annual accounts 2023129,6 k €↑
  4. 2022
    Annual accounts 2022-17,5 k €↓
  5. 2021
    Annual accounts 202199,3 k €↑
  6. 2019
    Annual accounts 201990,1 k €↑
  7. 2018
    Annual accounts 201843,6 k €↑
  8. 2017
    Annual accounts 2017-22,4 k €↓
  9. 2015
    Annual accounts 2015-21 k €↓
  10. 2014
    Annual accounts 201430,9 k €↑
  11. 2013
    Annual accounts 2013-199,7 k €
  12. 23/05/2012
    IncorporationPublic limited company