Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 10.9 to 0.8.
Financials
Financial year 2025
REAL RETAIL from Veurne, company number BE0420136296, closed financial year 2025 with a result of € -12,674 after tax. For that financial year REAL RETAIL recorded a gross margin of € 17,433 and equity of € 16.8 million. Compared with financial year 2024, the result moved from € 113,611 to € -12,674. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 16.8 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,674
▼ still € 113,611 profit in 2024
Profit after tax over the fiscal year.
€ 455,109
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16.8 million.
People and assets in 2025
0.8
▼ 6.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 52,259
▼ 83% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 148,272
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 246,227
▼ 10% vs 2024
€ 29,183 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 10,668
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,869
▼ 38% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 19,580,549 | € 12,672,053 | - | - | |
| Gross margin | - | - | € 281,539 | € 17,433 | ▼ 94% |
| Profit after taxes | € 13,798 | € 137,990 | € 113,611 | € -12,674 | ▼ € 126,284 |
| Equity | € 20,636,909 | € 19,674,899 | € 16,788,510 | € 16,775,836 | |
| Total debts | € 3,948,272 | € 1,954,875 | € 3,735,610 | € 279,604 | ▼ 93% |
| Cash | € 5,892,094 | € 4,804,024 | € 785,184 | € 455,109 | ▼ 42% |
| Land & buildings | € 1,765,984 | € 1,686,908 | € 1,586,320 | € 1,401,199 | ▼ 12% |
| Retained profit | € 20,618,317 | € 19,656,307 | € 16,769,918 | € 16,757,244 | |
| Dividend | € 3,000,000 | € 1,100,000 | € 3,000,000 | € 0 | ▼ 100% |
| Bank debt | € 545,349 | € 498,615 | € 274,396 | € 246,227 | ▼ 10% |
| Balance sheet total | € 24,620,045 | € 21,664,638 | € 20,558,984 | € 17,090,304 | ▼ 17% |
| Employees (FTE) | 12.2 | 10.9 | 6.9 | 0.8 | ▼ 6.1 |
Key figures of REAL 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 REAL RETAIL?
What happened at REAL RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,674 (▼ € 126,284 vs 2024). Source: NBB ↗
- REAL UNITED BV became a director. NBB
- New establishment in Veurne. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,798 profit in 2022 to € 12,674 loss in 2025.
Paid € 75,105 in corporate taxes since 2022.
Best year ever: 2023, with € 137,990 profit.
On average € 40,800 of value added per employee in 2024.
Management
Behind REAL RETAIL is REAL UNITED BV. The shares are held by REAL UNITED BV (99.2%) and persoon Privé (0.8%).
Directors
According to the 2025 annual accounts
Director · represented by KLAAS VANDENDRIES
Also active at: VANDENDRIES, REAL FOODS & CO, REAL TRADE, REAL PROPERTY, Real Liquid, Real Vapor, Brusselskaai, Kali Projects +8 more
since 2017
Shareholders
99.2%
persoon Privé
0.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Monnikshoekstraat 21
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →REAL UNITED same network
€ 3.5 million revenue · 2025
REAL TRADE same network
€ 30,531 gross margin · 2025
REAL PROPERTY same network
€ 422,247 gross margin · 2025
Real Industry same network
€ 480,982 gross margin · 2025
Lea Projects
€ 208,866 gross margin · 2025
+2 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
- 0420.136.296
- VAT number
- BE 0420.136.296
- Registered office
- Monnikshoekstraat 21, 8630 Veurne
- Names & denominations
- REAL RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1979
- Peppol
- Active · Active since 8 Jul 2025
- Activities · NACE
Detailhandel in tabaksproducten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige detailhandel in voedingsmiddelen, neg
Detailhandel in kranten en andere tijdschriften
Detailhandel in wijnen en geestrijke dranken
Detailhandel in dranken, algemeen assortiment
Detailhandel in drogisterijartikelen en onderhoudsproducten
+16