Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 8.2 to 6.7.
Financials
Financial year 2025
NAZA RETAIL from Nazareth-De Pinte, company number BE0444709366, closed financial year 2025 with a result of € 18,743 after tax. For that financial year NAZA RETAIL recorded a gross margin of € 491,045 and equity of € 251,099. Compared with financial year 2024, the result moved from € -56,190 to € 18,743. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ 251,099
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18,743
▲ still € 56,190 loss in 2024
Profit after tax over the fiscal year.
€ 135,406
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
6.7
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 313,424
▲ 146% vs 2024
€ 46,800 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.
Debts at end 2025
€ 308,388
▼ 23% vs 2024
€ 141,587 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 550,956
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,633
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 422,378 | € 589,651 | € 124,764 | € 491,045 | ▲ 294% |
| Profit after taxes | € 54,589 | € 53,376 | € -56,190 | € 18,743 | ▲ € 74,934 |
| Equity | € 390,169 | € 338,546 | € 282,356 | € 251,099 | ▼ 11% |
| Total debts | € 1,232,712 | € 1,101,787 | € 1,216,847 | € 960,617 | ▼ 21% |
| Cash | € 209,300 | € 211,240 | € 105,443 | € 135,406 | ▲ 28% |
| Retained profit | € 215,169 | € 163,546 | € 107,356 | € 76,099 | ▼ 29% |
| Dividend | € 0 | € 105,000 | € 0 | € 50,000 | |
| Bank debt | € 443,716 | € 433,869 | € 403,044 | € 308,388 | ▼ 23% |
| Balance sheet total | € 1,622,881 | € 1,440,333 | € 1,499,203 | € 1,211,716 | ▼ 19% |
| Employees (FTE) | 5.3 | 8.2 | 7.8 | 6.7 | ▼ 1.1 |
Key figures of NAZA RETAIL, fiscal years 2023 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 NAZA RETAIL?
What happened at NAZA RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 18,743. filed late Source: NBB ↗
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 54,589 profit in 2023 to € 18,743 profit in 2025.
Paid € 42,295 in corporate taxes since 2023.
Best year ever: 2023, with € 54,589 profit.
On average € 73,300 of value added per employee in 2025.
Management
The stake of VL RETAIL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NAZA RETAILBehind NAZA RETAIL is VL RETAIL BV. The shares are held by VL RETAIL (100%).
Directors
According to the 2025 annual accounts
Gedelegeerd bestuurder · represented by Frederic Van Landeghem
Also active at: SCHELDEWINDEKE RETAIL, UNIC MERE, IMMAWIMBA, IMMO LEMAHIEU, BRICK RETAIL, MERE-RETAIL, AALST RETAIL, LEDEBERG RETAIL +1 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Deinzestraat 14
9810 Nazareth-De Pinte
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →IMMAWIMBA same network
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€ -14,327 gross margin · 2025
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0444.709.366
- VAT number
- BE 0444.709.366
- Registered office
- Deinzestraat 14, 9810 Nazareth-De Pinte
- Names & denominations
- NAZA RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 1991
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Grootwarenhuizen (verkoop van overwegend niet-voedingsmiddelen met verkoopsopp.vanaf 2.500 m2)
Overige niet-gespecialiseerde detailhandel
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)