Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
50 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BG RETAIL from Antwerpen, company number BE0412562873, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year BG RETAIL recorded revenue of € 31.3 million and equity of € 12.5 million. Compared with financial year 2024, the result moved from € -135,916 to € -1.8 million. The company made a loss. The buffer shrank hard: equity is 72 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 9, 2026.
€ 12.5 million
▼ 72% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
▼ 1224 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3 million
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
126.8
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.9 million
€ 46,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.5 million
▼ 13% vs 2024
Of which on lease € 940,785.
Debts at end 2025
€ 1.1 million
▼ 14% vs 2024
€ 176,563 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 3.8 million
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 780,477
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 35,261,624 | € 34,612,209 | € 33,344,682 | € 31,311,787 | ▼ 6% |
| Profit after taxes | € -526,320 | € 84,131 | € -135,916 | € -1,799,053 | ▼ € 1.7 million |
| Equity | € 44,647,752 | € 44,731,883 | € 44,595,967 | € 12,490,840 | ▼ 72% |
| Total debts | € 15,637,974 | € 19,945,463 | € 12,424,352 | € 38,082,551 | ▲ 207% |
| Cash | € 1,831,808 | € 6,749,079 | € 3,462,026 | € 2,991,196 | ▼ 14% |
| Land & buildings | € 4,197,103 | € 4,103,868 | € 4,065,037 | € 30,442 | ▼ 99% |
| Retained profit | € 27,715,216 | € 27,799,346 | € 27,663,430 | € -1,242,319 | ▼ € 28.9 million |
| Dividend | € 0 | € 0 | € 0 | € 21,878,951 | |
| Bank debt | € 1,582,072 | € 1,418,229 | € 1,250,251 | € 1,078,034 | ▼ 14% |
| Balance sheet total | € 60,287,206 | € 64,677,346 | € 57,020,318 | € 50,573,392 | ▼ 11% |
| Employees (FTE) | 138.6 | 130.3 | 127.8 | 126.8 | ▼ 1 |
Key figures of BG RETAIL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BG RETAIL?
What happened at BG RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Claude Bourrelier stepped down as director. NBB
- Yoann Bourrelier stepped down as director. NBB
- Annabelle Bourrelier stepped down as director. NBB
- Yann Le Téno stepped down as director. NBB
- Jean-Michel Bourrelier stepped down as director. NBB
- Michèle Boury stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.8 million. filed late Source: NBB ↗
- Jean-Claude Bourrelier became a director. NBB
In short
From € 526,320 loss in 2022 to € 1.8 million loss in 2025.
Paid € 181,328 in corporate taxes since 2022.
Best year ever: 2023, with € 84,131 profit.
Paid out € 21.9 million in dividends to the owners in total.
Management
It owns 100% of Bouwmar, 100% of Legerstock Vermeersch-Andries, 100% of Interbrico, 100% of Mekowa, 100% of CB Bouwmarkten and 100% of Boco itself.
Directors
According to the 2025 annual accounts
Jean-Claude Bourrelier
bestuurder
Also active at: BOUWMAR, Legerstock Vermeersch-Andries, M.A.Z., M.A.G., ANDENNE BRICOLAGE, C.B. BOUWMARKTEN, BOCO, ROBO
since 2023 · until 2028
Yoann Bourrelier
Director
Also active at: BOUWMAR, INTERBRICO, Legerstock Vermeersch-Andries, GRUTO, M.A.Z., M.A.G., DIY RETAIL SERVICES, ANDENNE BRICOLAGE +6 more
since 2023 · until 2028
Annabelle Bourrelier
bestuurder
Also active at: INTERBRICO, Legerstock Vermeersch-Andries, GRUTO, WICKES LAND DEVELOPMENT, M.A.Z., M.A.G., DIY RETAIL SERVICES, ANDENNE BRICOLAGE +6 more
since 2023 · until 2028
Yann Le Téno
bestuurder
Also active at: BOUWMAR, INTERBRICO, Legerstock Vermeersch-Andries, GRUTO, WICKES LAND DEVELOPMENT, M.A.Z., M.A.G., DIY RETAIL SERVICES +7 more
since 2023 · until 2028
Jean-Michel Bourrelier
bestuurder
Also active at: BOUWMAR, INTERBRICO, Legerstock Vermeersch-Andries, GRUTO, WICKES LAND DEVELOPMENT, M.A.Z., ANDENNE BRICOLAGE, C.B. BOUWMARKTEN
since 2023 · until 2028
Michèle Boury
bestuurder
Also active at: BOUWMAR, INTERBRICO, Legerstock Vermeersch-Andries, GRUTO, WICKES LAND DEVELOPMENT, M.A.Z., M.A.G., DIY RETAIL SERVICES +7 more
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Noorderlaan 133 box 7
2030 Antwerpen
Kerklaan 37
1830 Machelen (Brab.)
Active since 23 August 1973
Eugeen Meeusstraat
2170 Antwerpen
Active since 19 January 1994
Autolei 55
2160 Wommelgem
Active since 16 July 2001
Chaussée de Bruxelles 378
6040 Charleroi
Active since 22 February 1980
Oefenpleinstraat 2 4
9050 Gent
Active since 1 May 1973
Ringlaan 9
8520 Kuurne
Active since 18 September 1974
Kolonel Begaultlaan 5
3012 Leuven
Active since 13 January 1992
Rue Nihar 6
4101 Seraing
Active since 1 January 1800
Boulevard Zénobe Gramme 11
4040 Herstal
Active since 23 August 2001
Rue du Gazomètre(L.L) 25
7100 La Louvière
Active since 14 July 1978
Rue Jules Destrée 355
7390 Quaregnon
Active since 30 March 1992
Boulevard des Gérardchamps 58
4800 Verviers
Active since 13 March 1992
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 50 companies are registered at this address.
All companies at this address →BOUWMAR same network
€ 10.6 million revenue · 2025
BROEKMAN LOGISTICS
€ 2.2 million revenue · 2025
Legerstock Vermeersch-Andries same network
€ 803,885 gross margin · 2025
GRUTO same network
€ 221,728 gross margin · 2025
EUROPEAN TRANSPORT SOLUTIONS BELGIUM
€ 17,802 gross margin · 2021
+45 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.562.873
- VAT number
- BE 0412.562.873
- Registered office
- Noorderlaan 133 bus 7, 2030 Antwerpen
- Names & denominations
- BG RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 1972
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.