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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Busy address KBO
52 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RETAIL PROJECTS EUROPE from Hasselt, company number BE0540736891, closed financial year 2025 with a result of € 79,059 after tax. For that financial year RETAIL PROJECTS EUROPE recorded a gross margin of € 697,441 and equity of € 408,977. Compared with financial year 2024, the result moved from € 49,947 to € 79,059. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 408,977
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,059
▲ 58% vs 2024
Profit after tax over the fiscal year.
€ 105,935
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -171,023.
People and assets in 2025
6.6
▼ 2.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 442,125
▼ 28% vs 2024
€ 67,000 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.
€ 37,797
▲ 138% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 673,653
▲ 9% vs 2024
€ 90,961 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 862,610
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,024
▼ 42% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 684,467 | € 712,944 | € 776,154 | € 697,441 | ▼ 10% |
| Profit after taxes | € 261,031 | € 175,815 | € 49,947 | € 79,059 | ▲ 58% |
| Equity | € 104,156 | € 279,971 | € 329,918 | € 408,977 | ▲ 24% |
| Total debts | € 867,233 | € 828,807 | € 1,276,308 | € 1,601,138 | ▲ 25% |
| Cash | € 103,939 | € 25,371 | € 207,483 | € 105,935 | ▼ 49% |
| Land & buildings | € 6,518 | € 5,612 | € 4,706 | € 3,800 | ▼ 19% |
| Retained profit | € -475,844 | € -300,029 | € -250,082 | € -171,023 | ▲ € 79,059 |
| Bank debt | € 54,167 | € 353,993 | € 618,928 | € 673,653 | ▲ 9% |
| Balance sheet total | € 971,388 | € 1,108,778 | € 1,606,225 | € 2,010,114 | ▲ 25% |
| Employees (FTE) | 6.4 | 7.6 | 8.8 | 6.6 | ▼ 2.2 |
Key figures of RETAIL PROJECTS EUROPE, 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 RETAIL PROJECTS EUROPE?
What happened at RETAIL PROJECTS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MAHU-PROJECTS BV stepped down as director. NBB
- TK COLLECTIF BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 79,059 (▲ 58% vs 2024). Source: NBB ↗
- MAHU-PROJECTS BV became a director. NBB
- TK COLLECTIF BV became a director. NBB
- New establishment in Heusden-Zolder. KBO
- Start of the company according to the CBE. KBO
In short
From € 261,031 profit in 2022 to € 79,059 profit in 2025.
Paid € 2,353 in corporate taxes since 2022.
Best year ever: 2022, with € 261,031 profit.
On average € 105,700 of value added per employee in 2025.
A new publication or filing at RETAIL PROJECTS EUROPE? 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 HARVEST & HOLD, MAHU-projects comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RETAIL PROJECTS EUROPEThe shares are held by HARVEST & HOLD (100%) and MAHU-projects (25.6%).
Directors
According to the 2025 annual accounts
since 2023 · until 2028
Managing director · represented by Thomas Kumpen
since 2023 · until 2028
Shareholders
100%
25.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hendrik van Veldekesingel 150 box 27
3500 Hasselt
De Lange Beemden 29
3550 Heusden-Zolder
Active since 26 September 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 52 companies are registered at this address.
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ALLANTA
€ 1.8 million revenue · 2025
+47 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
- 0540.736.891
- VAT number
- BE 0540.736.891
- Registered office
- Hendrik van Veldekesingel 150 bus 27, 3500 Hasselt
- Names & denominations
- RETAIL PROJECTS EUROPE · RETAIL PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 September 2013
- Peppol
- Active · Active since 4 Jul 2026
- Activities · NACE
Schrijnwerk