Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2025 and 2026.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2026.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
L&L RETAIL BELGIUM from Brussel, company number BE0502938862, closed financial year 2026 with a result of € -85,644 after tax. For that financial year L&L RETAIL BELGIUM recorded revenue of € 72.6 million and equity of € 4.9 million. Compared with financial year 2025, the result moved from € -18,205 to € -85,644. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2026.
€ 4.9 million
▼ 24% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -85,644
▼ 370 % more loss than in 2025
Profit after tax over the fiscal year.
€ 827,207
▲ 76% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 4.7 million.
People and assets in 2026
317.3
▲ 7.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 15.2 million
▲ 7% vs 2025
€ 47,900 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.
€ 358,961
▲ 294% vs 2025
Of which on lease € 278,122.
Debts at end 2026
€ 1.6 million
▲ 21% vs 2025
€ 157,966 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4.9 million
▲ 6% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 32 days on average.
€ 2.7 million
▲ 13% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 71,960,367 | € 67,330,526 | € 68,869,985 | € 72,637,867 | ▲ 5% |
| Profit after taxes | € 16,322 | € -2,086,478 | € -18,205 | € -85,644 | ▼ € 67,439 |
| Equity | € 8,606,800 | € 6,520,322 | € 6,502,118 | € 4,926,473 | ▼ 24% |
| Total debts | € 11,614,241 | € 9,845,267 | € 9,482,488 | € 10,322,106 | ▲ 9% |
| Cash | € 460,976 | € 453,035 | € 470,911 | € 827,207 | ▲ 76% |
| Retained profit | € 8,347,062 | € 6,260,584 | € 6,242,380 | € 4,666,735 | ▼ 25% |
| Dividend | € 0 | € 0 | € 0 | € 1,490,000 | |
| Bank debt | € 2,055,129 | € 1,258,582 | € 1,347,530 | € 1,636,136 | ▲ 21% |
| Balance sheet total | € 20,221,041 | € 16,365,589 | € 15,984,605 | € 15,248,579 | ▼ 5% |
| Employees (FTE) | 312.7 | 311.9 | 309.7 | 317.3 | ▲ 7.6 |
Key figures of L&L RETAIL BELGIUM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to L&L RETAIL BELGIUM?
What happened at L&L RETAIL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 85,644. Source: NBB ↗
- New establishment in Bredene. KBO
- New establishment in Turnhout. KBO
- Joachim Rubin became a director. NBB
- Griet Sauvenay became a director. NBB
- Elodie Doret became a director. NBB
- Dan APPELSTEIN stepped down as director. NBB
- Stephan JEGER stepped down as director. NBB
In short
From € 16,322 profit in 2023 to € 85,644 loss in 2026.
Paid € 17,564 in corporate taxes since 2023.
Best year ever: 2023, with € 16,322 profit.
Paid out € 1.5 million in dividends to the owners in total.
A new publication or filing at L&L RETAIL BELGIUM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of PP RETAIL HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
L&L RETAIL BELGIUMBehind L&L RETAIL BELGIUM are Joachim Rubin , Griet Sauvenay and Elodie Doret. The shares are held by PP RETAIL HOLDING (100%).
Directors
According to the 2026 annual accounts
Joachim Rubin
Managing director
Also active at: BLUE STORES, PROPERTY WORTH, PASSION8, PP RETAIL HOLDING, PP RETAIL SERVICES, PP RETAIL LOGISTICS
since 2026
Griet Sauvenay
Administratrice
Also active at: BLUE STORES, PP RETAIL HOLDING, PP RETAIL SERVICES, PP RETAIL LOGISTICS
since 2026
Elodie Doret
Administratrice
since 2026
Dan APPELSTEIN
Director
Also active at: BLUE STORES, FAMCO, QS LOGISTICS, STEINCO, ALIVNOT, PP RETAIL HOLDING, ALIVSTONE
since 2022 · until 2026
Stephan JEGER
Managing director
Also active at: STEINCO, IMMO APPELS, A & S DISTRIBUTION, FAMCO, ARTEMIS PROPERTY, QS LOGISTICS, OPALINE BELGIUM, ALPHASTEIN +4 more
since 2013 · until 2026
Jacques APPELSTEIN
Managing director
since 2013 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zaterdagplein 1
1000 Brussel
Turnhoutsebaan 5
2110 Wijnegem
Active since 30 October 2001
Groenplaats 31
2000 Antwerpen
Active since 30 October 2001
Luikerstraat 33
3800 Sint-Truiden
Active since 8 May 2001
Ringlaan 34
8520 Kuurne
Active since 23 October 2001
Martelarenstraat 27
3200 Aarschot
Active since 20 April 2001
Leuvensestraat 24
3300 Tienen
Active since 20 April 2001
Kapellestraat 21
8400 Oostende
Active since 28 May 2002
Maastrichterstraat 56
3700 Tongeren-Borgloon
Active since 30 May 2001
Grand'rue 143 box 3
6000 Charleroi
Active since 15 November 2002
Quai des Vennes 1
4020 Liège
Active since 27 May 2003
Place des Grands Prés 0
7000 Mons
Active since 25 September 2003
Koninginnelaan(E) 115
3630 Maasmechelen
Active since 1 February 2006
Nieuwstraat 35
2440 Geel
Active since 2 September 2006
Stadsplein 19
3600 Genk
Active since 25 October 2007
Lippenslaan 267
8300 Knokke-Heist
Active since 1 November 2007
Basiliekstraat 26-28
1500 Halle
Active since 26 April 2008
Bergstraat 93-95
2220 Heist-op-den-Berg
Active since 19 April 2008
Oudenaardsestraat 19
9500 Geraardsbergen
Active since 15 August 2008
Leuvensestraat 14
1800 Vilvoorde
Active since 15 August 2008
Diestsestraat 78
3000 Leuven
Active since 20 July 2009
Antwerpse Steenweg 67A
9080 Lochristi
Active since 24 March 2010
Zelebaan 63
9160 Lokeren
Active since 1 September 2010
Rue des Naiveux 44
4040 Herstal
Active since 12 December 2009
Recogne, L'Aliénau 14
6800 Libramont-Chevigny
Active since 3 September 2011
Gouden Kruispunt 49
3390 Tielt-Winge
Active since 1 February 2013
Oosterzelesteenweg 5
9230 Wetteren
Active since 1 February 2013
Bredabaan 968
2170 Antwerpen
Active since 1 February 2013
Brugsesteenweg 441
8800 Roeselare
Active since 1 February 2013
Westerring 45
9700 Oudenaarde
Active since 1 February 2013
Torhoutsesteenweg 690
8400 Oostende
Active since 1 February 2013
Rue Joseph Wauters 85a
1300 Wavre
Active since 1 February 2013
Mechelsesteenweg 83
9200 Dendermonde
Active since 1 February 2013
Vrijheid 157
2320 Hoogstraten
Active since 1 February 2013
Boterstraat 2 - 4
8900 Ieper
Active since 1 February 2013
Langestraat 51-53
9620 Zottegem
Active since 1 February 2013
Brusselsesteenweg 399A
3090 Overijse
Active since 1 February 2013
Pater Damiaanstraat 6
7700 Mouscron
Active since 1 February 2013
Kortrijksesteenweg 1192
9051 Gent
Active since 1 February 2013
Boomse Steenweg 37
2627 Schelle
Active since 1 February 2013
Bergensesteenweg 65
1600 Sint-Pieters-Leeuw
Active since 1 February 2013
Leuvensesteenweg 342
3190 Boortmeerbeek
Active since 1 February 2013
Chaussée de Mons 18 box Unit 100
1400 Nivelles
Active since 1 February 2013
Wolvertemsesteenweg 319
1850 Grimbergen
Active since 1 February 2013
Rue de la Station 8 box X
4800 Verviers
Active since 1 February 2013
Nieuwstraat 8
9300 Aalst
Active since 1 February 2013
Kortrijkstraat 341
8560 Wevelgem
Active since 1 February 2013
Ooststraat 44
8800 Roeselare
Active since 1 February 2013
Centrumlaan zn
9400 Ninove
Active since 1 February 2013
Nieuwstraat 123
1000 Brussel
Active since 1 February 2013
Kapelstraat 100
9100 Sint-Niklaas
Active since 1 February 2013
Steenstraat 68
8000 Brugge
Active since 1 February 2013
Bredabaan 337
2930 Brasschaat
Active since 1 February 2013
Maalse Steenweg 253
8310 Brugge
Active since 1 February 2013
Gasthuisstraat 24
2300 Turnhout
Active since 1 February 2013
Hoogstraat 12
3500 Hasselt
Active since 1 February 2013
Schampbergstraat 22
3511 Hasselt
Active since 1 February 2013
Buitensingel 60
3920 Lommel
Active since 1 February 2013
Hasseltweg 103
3600 Genk
Active since 1 February 2013
Lammerdries 27
2250 Olen
Active since 1 February 2013
Toleikstraat 34
3960 Bree
Active since 1 February 2013
Rue Bois Sainte Marie(AUV) 124 box 7
5060 Sambreville
Active since 1 February 2013
Stationsstraat 82 box N
9900 Eeklo
Active since 2 April 2014
Guido Gezellelaan 30
9800 Deinze
Active since 28 March 2014
Brusselsesteenweg 437
2800 Mechelen
Active since 10 September 2014
Marche, Avenue de France 37
6900 Marche-en-Famenne
Active since 17 September 2014
Langemunt 42
9000 Gent
Active since 15 November 2014
Leuvensesteenweg 115
3290 Diest
Active since 13 September 2014
Gentseweg 544
8793 Waregem
Active since 22 August 2015
be-MINE 10
3582 Beringen
Active since 2 September 2015
Kerkstraat 123-125
8370 Blankenberge
Active since 15 January 2016
Albert I laan 225
8620 Nieuwpoort
Active since 15 January 2016
Steenweg 524
9470 Denderleeuw
Active since 14 September 2016
Rue de la Taverne de Maire(FRY) 8
7503 Tournai
Active since 3 September 2016
Rue d'Aywaille 42
4140 Sprimont
Active since 15 April 2017
Rodendijk 52
2980 Zoersel
Active since 17 March 2018
Rue de Landen 53 A
4280 Hannut
Active since 24 March 2018
Morettestraat 22
1740 Ternat
Active since 8 November 2018
Boomlaarstraat 309 B
2500 Lier
Active since 28 February 2019
Brugsesteenweg 27
8450 Bredene
Active since 16 March 2026
Ieperstraat 311 box J004
8930 Menen
Active since 20 August 2025
Rozenberg 96A
2400 Mol
Active since 2 April 2025
IJzerenleen 58
2800 Mechelen
Active since 20 September 2025
Steenweg op Gierle 339 box 4
2300 Turnhout
Active since 16 February 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →BLUE STORES same network
€ 54.4 million revenue · 2026
IMMO APPELS same network
€ 946,093 gross margin · 2025
A & S DISTRIBUTION same network
€ 562,313 gross margin · 2025
FAMCO same network
€ -85 gross margin · 2025
LMServices
€ -18,655 gross margin · 2025
+10 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
- 0502.938.862
- VAT number
- BE 0502.938.862
- Registered office
- Zaterdagplein 1, 1000 Brussel
- Names & denominations
- L&L RETAIL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 2013
- Peppol
- Active · Active since 26 Aug 2025
- Activities · NACE
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