ACTIVE

RETAIL SERVICES MANAGEMENT

Export PDF
Financial year 2026 · closed on 31/01/2026
Net result
210,6 k €
+76.5% YoY
Revenue
1,1 M €
+8.6% YoY
Equity
4,1 M €
+5.5% YoY
Workforce
4,0 ETP
+5.3% YoY

What does RETAIL SERVICES MANAGEMENT do?

RETAIL SERVICES MANAGEMENT is a Public limited company incorporated in 2004. Its main activity is: Retail sale in non-specialised stores with food, beverages or tobacco predominating. Its registered office is in Tournai. It employs on average 4,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0865.369.167
Incorporation
18/05/2004
Legal form
Public limited company
Registered office
Rue du Troisième Age(K) 2
7540 Tournai · WallonieSee on map
Contributed capital
121 843,04 €
Latest accounts
31/01/2026
Average workforce
4,0 ETP
Activities (NACE)
47110Retail sale in non-specialised stores with food, beverages or tobacco predominating· main47113Retail sale in non-specialised stores with food, beverages or tobacco predominating52113Warehousing and storage70200Management consultancy activities70220Business and other management consultancy activities74142Specialised design activities+3
Joint committees (1)
  • 201
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20262025202420232022201920182017201620152014201320122010200920082006
Income statement
Revenue1,1 M €971,8 k €525,3 k €670,3 k €1,4 M €1,1 M €997,2 k €1,4 M €1,2 M €1,3 M €949,7 k €762,6 k €1,1 M €1,6 M €–––
EBITDA247,7 k €142,1 k €-209,3 k €-41,5 k €822,1 k €291,9 k €150,6 k €-1,0 M €328,8 k €287,9 k €-10,2 k €26,7 k €-627,5 €-56,1 k €43,1 k €38,4 k €-14,3 k €
Operating result192,5 k €96,5 k €-241,3 k €-75,1 k €792,4 k €267,4 k €132,4 k €-1,0 M €318,2 k €278,1 k €-19,5 k €19,6 k €-18,7 k €-79,1 k €-13,6 k €5,1 k €-26,9 k €
Net result210,6 k €119,4 k €102,5 k €-55,0 k €745,2 k €8,2 k €-215,8 k €-529,1 k €18,0 k €-1,3 M €-103,4 k €-9,7 k €83,7 k €3,6 k €-121,8 k €-6,7 k €6,1 k €
Balance sheet
Equity4,1 M €3,8 M €3,7 M €3,0 M €3,0 M €2,3 M €2,3 M €2,5 M €3,0 M €3,0 M €1,2 M €1,4 M €1,4 M €204,9 k €201,3 k €323,1 k €329,9 k €
Total assets7,0 M €6,6 M €6,1 M €5,8 M €5,4 M €4,7 M €5,0 M €5,1 M €5,7 M €5,5 M €4,0 M €2,0 M €1,9 M €1,4 M €543,2 k €554,2 k €488,8 k €
Cash29,7 k €10,8 k €17,2 k €13,5 k €20,8 k €36,9 k €14,4 k €17,1 k €9,1 k €13,1 k €19,8 k €13,8 k €30,7 k €6,1 k €17,7 k €94,7 k €2,3 k €
Debts3,0 M €2,8 M €2,4 M €2,8 M €2,4 M €2,4 M €2,7 M €2,6 M €2,7 M €2,5 M €2,7 M €682,0 k €549,4 k €1,2 M €341,9 k €231,1 k €158,9 k €
Other
Workforce4,0 ETP3,8 ETP2,6 ETP2,6 ETP2,9 ETP5,1 ETP6,4 ETP6,8 ETP6,8 ETP6,8 ETP8,0 ETP8,1 ETP8,1 ETP8,6 ETP11,2 ETP5,9 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/01/2026 · 3 active · 23 ended

Active mandates

BELLINCO

Director · since 01 janvier 2026 · 0420.520.635

Represented by Elisabeth Theunissen

Active
De Claere

Managing director · 0646.876.469

Represented by Arnaud Vandenbogaerde

Active
Elisabeth Theunissen

Director · until 31 décembre 2025

Active

Ended mandates

Elisabeth Theunissen

Director · since 29 mai 2020 · until 18 juillet 2025

Ended
De Claere

Managing director · since 01 janvier 2020 · until 18 juillet 2025 · 0646.876.469

Represented by Arnaud Vandenbogaerde

Ended
ARHOL

Managing director · since 25 juin 2015 · until 25 juin 2021 · 0471.449.197

Represented by Arnaud Vandenbogaerde

Ended
BOGAFI

Director · since 25 juin 2015 · until 25 juin 2021 · 0429.609.634

Represented by Ann Vandenbogaerde

Ended
At this address

Other companies at this address

CompanyCBE no.
RETAIL SERVICES KAIN● Active
0865.476.956
Annual accounts

Full financial information

202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/02/202501/02/202401/02/202301/02/202201/02/202101/02/2020
Closing of the financial year31/01/202631/01/202531/01/202431/01/202331/01/202231/01/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202620/06/202511/06/202423/06/202327/06/202226/06/2021
General meeting08/06/202610/06/202510/06/202409/06/202327/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/01/202608/06/202623/06/2026FrenchPDF
Full model31/01/202510/06/202520/06/2025FrenchPDF
Full model31/01/202410/06/202411/06/2024FrenchPDF
Full model31/01/202309/06/202323/06/2023FrenchPDF
Full model31/01/202227/06/202227/06/2022FrenchPDF
Full model31/01/202125/06/202126/06/2021FrenchPDF
Full model31/01/202025/06/202008/07/2020FrenchPDF
Full model31/01/201918/07/201923/07/2019FrenchPDF
Full model31/01/201818/07/201825/07/2018FrenchPDF
Full model31/01/201718/07/201720/07/2017FrenchPDF
Full model31/01/201628/07/201626/08/2016FrenchPDF
Full model31/01/201525/06/201516/07/2015FrenchPDF
Full model31/01/201418/07/201428/07/2014FrenchPDF
Full model31/01/201318/07/201325/07/2013FrenchPDF
Full model31/01/201218/07/201225/07/2012FrenchPDF
Full model30/06/201028/12/201020/01/2011FrenchPDF
Abridged model30/06/200909/04/201012/04/2010FrenchPDF
Abridged model30/06/200831/12/200830/01/2009FrenchPDF
Abridged model31/12/200626/06/200717/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/01/2026 · 3 active · 23 ended

Active mandates

BELLINCO

Director · since 01 janvier 2026 · 0420.520.635

Represented by Elisabeth Theunissen

Active
De Claere

Managing director · 0646.876.469

Represented by Arnaud Vandenbogaerde

Active
Elisabeth Theunissen

Director · until 31 décembre 2025

Active

Ended mandates

Elisabeth Theunissen

Director · since 29 mai 2020 · until 18 juillet 2025

Ended
De Claere

Managing director · since 01 janvier 2020 · until 18 juillet 2025 · 0646.876.469

Represented by Arnaud Vandenbogaerde

Ended
ARHOL

Managing director · since 25 juin 2015 · until 25 juin 2021 · 0471.449.197

Represented by Arnaud Vandenbogaerde

Ended
BOGAFI

Director · since 25 juin 2015 · until 25 juin 2021 · 0429.609.634

Represented by Ann Vandenbogaerde

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares30/12/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates29/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other03/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - OBJET - ASSEMBLEE GENERALE
    PDF
  • Mandates27/07/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/07/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/01/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares25/07/2011
    CAPITAL, ACTIONS - ANNEE COMPTABLE - 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. 2026
    Annual accounts 2026210,6 k €↑
  2. 2025
    Annual accounts 2025119,4 k €↑
  3. 2024
    Annual accounts 2024102,5 k €↑
  4. 2023
    Annual accounts 2023-55,0 k €↓
  5. 2022
    Annual accounts 2022745,2 k €↑
  6. 2019
    Annual accounts 20198,2 k €↑
  7. 2018
    Annual accounts 2018-215,8 k €↑
  8. 2017
    Annual accounts 2017-529,1 k €↓
  9. 2016
    Annual accounts 201618,0 k €↑
  10. 2015
    Annual accounts 2015-1,3 M €↓
  11. 2014
    Annual accounts 2014-103,4 k €↓
  12. 2013
    Annual accounts 2013-9,7 k €↓
  13. 2012
    Annual accounts 201283,7 k €↑
  14. 2010
    Annual accounts 20103,6 k €↑
  15. 2009
    Annual accounts 2009-121,8 k €↓
  16. 2008
    Annual accounts 2008-6,7 k €↓
  17. 2006
    Annual accounts 20066,1 k €
  18. 18/05/2004
    IncorporationPublic limited company