ACTIVE

RETAIL PROPERTY DEVELOPMENT

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Financial year 2024 · closed on 31/12/2024
Net result
-600 k €
-3798.2% YoY
Gross margin
-212,2 k €
-227.5% YoY
Equity
2,8 M €
-17.4% YoY
Workforce
0,8 ETP
0.0% YoY

What does RETAIL PROPERTY DEVELOPMENT do?

RETAIL PROPERTY DEVELOPMENT is a Public limited company incorporated in 2004. Its main activity is: Development of building projects. Its registered office is in Antwerpen. It employs on average 0,8 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0870.220.850
Incorporation
26/11/2004
Legal form
Public limited company
Registered office
Ernest Van Dijckkaai 10 box 3L
2000 Antwerpen · FlandreSee on map
Contributed capital
63 000,00 €
Latest accounts
31/12/2024
Average workforce
0,8 ETP
Activities (NACE)
41101Development of building projects· main41102Development of building projects68121Buying and selling of own real estate68122Buying and selling of own real estate70111Activities of head offices70113Activities of head offices
Joint committees (4)
  • 100
  • 200
  • 2000
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-212,2 k €166,4 k €71,9 k €128,5 k €522,2 k €1,7 M €302,6 k €456,5 k €1,6 M €524 k €922,4 k €396,6 k €307,7 k €160,7 k €-5,4 k €-11,5 k €-15,8 k €45,2 k €113,1 k €
EBITDA-375,6 k €98,7 k €17 k €60 k €457,7 k €1,6 M €166,9 k €331,4 k €1,5 M €465,7 k €866,2 k €339,4 k €256,2 k €110,4 k €-53,4 k €-60,2 k €-63,4 k €6,9 k €67,8 k €
Operating result-387,9 k €86,7 k €5,3 k €44,9 k €436,5 k €1,6 M €145,9 k €306,6 k €1,5 M €461,1 k €862,9 k €338,7 k €256 k €110,4 k €-53,4 k €-60,2 k €-64,1 k €2,4 k €63,2 k €
Net result-600 k €16,2 k €1,2 k €39,7 k €304,6 k €1,1 M €36,8 k €104,4 k €779,2 k €198,8 k €546,3 k €134 k €164,6 k €69,2 k €-54,5 k €-62,6 k €-64,9 k €1,3 k €48,8 k €
Balance sheet
Equity2,8 M €3,4 M €3,4 M €3,4 M €3,4 M €3,1 M €1,9 M €1,9 M €1,8 M €1 M €824 k €277,8 k €143,8 k €-20,8 k €-90,1 k €-35,6 k €27 k €91,9 k €90,6 k €
Total assets6,9 M €8,3 M €6 M €5,5 M €5,9 M €6,3 M €6,4 M €7,3 M €7,9 M €8,7 M €6 M €1,9 M €3 M €2,6 M €232,2 k €76,8 k €67,9 k €174,7 k €130,7 k €
Cash261 k €146,4 k €298,3 k €257,1 k €444,3 k €2 M €48,5 k €197,1 k €150,3 k €348,3 k €385,6 k €–484,3 k €11,3 k €12,7 k €20,8 k €55 k €15,2 k €13,9 k €
Debts4,1 M €4,8 M €2,6 M €2 M €2,3 M €2,8 M €4,3 M €5,3 M €5,7 M €7,6 M €5,1 M €1,6 M €2,9 M €2,6 M €322 k €112,4 k €40,9 k €82,7 k €40,1 k €
Other
Workforce0,8 ETP0,8 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,8 ETP1,3 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2024 · 2 active · 40 ended

Active mandates

JES CONSULTING

Managing director · since 28 avril 2017 · 0821.308.896

Represented by Emilie Moens

Active
VANTAGE REALTY

Managing director · since 28 avril 2017 · 0477.798.442

Represented by Philippe Vanderpoorten

Active

Ended mandates

CAPWICK

Director · since 28 avril 2017 · until 22 décembre 2023 · 0434.490.021

Represented by Janssen HUBERT

Ended
CAPWICK

Director · since 28 avril 2017 · 0434.490.021

Represented by Janssen HUBERT

Ended
CAPWICK

Director · since 28 avril 2017 · 0434.490.021

Represented by Hubert Janssen

Ended
CAPWICK

Director · since 28 avril 2017 · until 27 avril 2023 · 0434.490.021

Represented by Hubert Janssen

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date04/09/202524/09/202411/07/202324/06/202208/06/202124/06/2020
General meeting04/09/202523/09/202430/06/202317/06/202204/05/202126/05/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202404/09/202504/09/2025DutchPDF
Abridged model31/12/202323/09/202424/09/2024DutchPDF
Abridged model31/12/202230/06/202311/07/2023DutchPDF
Abridged model31/12/202117/06/202224/06/2022DutchPDF
Abridged model31/12/202004/05/202108/06/2021DutchPDF
Abridged model31/12/201926/05/202024/06/2020DutchPDF
Abridged model31/12/201828/05/201903/07/2019DutchPDF
Abridged model31/12/201702/05/201826/06/2018DutchPDF
Abridged model31/12/201628/04/201731/05/2017DutchPDF
Abridged model31/12/201530/06/201605/07/2016DutchPDF
Abridged model31/12/201426/06/201523/07/2015DutchPDF
Abridged model31/12/201306/05/201402/07/2014DutchPDF
Abridged model31/12/201207/05/201326/11/2013DutchPDF
Abridged model31/12/201102/05/201205/06/2012DutchPDF
Abridged model31/12/201003/05/201131/08/2011DutchPDF
Abridged model31/12/200904/05/201030/06/2010DutchPDF
Abridged model31/12/200805/05/200915/07/2009DutchPDF
Abridged model31/12/200706/05/200807/07/2008DutchPDF
Abridged model31/12/200602/05/200731/05/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 40 ended

Active mandates

JES CONSULTING

Managing director · since 28 avril 2017 · 0821.308.896

Represented by Emilie Moens

Active
VANTAGE REALTY

Managing director · since 28 avril 2017 · 0477.798.442

Represented by Philippe Vanderpoorten

Active

Ended mandates

CAPWICK

Director · since 28 avril 2017 · until 22 décembre 2023 · 0434.490.021

Represented by Janssen HUBERT

Ended
CAPWICK

Director · since 28 avril 2017 · 0434.490.021

Represented by Janssen HUBERT

Ended
CAPWICK

Director · since 28 avril 2017 · 0434.490.021

Represented by Hubert Janssen

Ended
CAPWICK

Director · since 28 avril 2017 · until 27 avril 2023 · 0434.490.021

Represented by Hubert Janssen

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/06/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/07/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/09/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/03/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2010
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    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. 2024
    Annual accounts 2024-600 k €↓
  2. 2023
    Annual accounts 202316,2 k €↑
  3. 2022
    Annual accounts 20221,2 k €↓
  4. 2021
    Annual accounts 202139,7 k €↓
  5. 2020
    Annual accounts 2020304,6 k €↓
  6. 2019
    Annual accounts 20191,1 M €↑
  7. 2018
    Annual accounts 201836,8 k €↓
  8. 2017
    Annual accounts 2017104,4 k €↓
  9. 2016
    Annual accounts 2016779,2 k €↑
  10. 2015
    Annual accounts 2015198,8 k €↓
  11. 2014
    Annual accounts 2014546,3 k €↑
  12. 2013
    Annual accounts 2013134 k €↓
  13. 2012
    Annual accounts 2012164,6 k €↑
  14. 2011
    Annual accounts 201169,2 k €↑
  15. 2010
    Annual accounts 2010-54,5 k €↑
  16. 2009
    Annual accounts 2009-62,6 k €↑
  17. 2008
    Annual accounts 2008-64,9 k €↓
  18. 2007
    Annual accounts 20071,3 k €↓
  19. 2006
    Annual accounts 200648,8 k €
  20. 26/11/2004
    IncorporationPublic limited company