Financials
Financial year 2026
FLANDERS RETAIL from Gent, company number BE0643593218, closed financial year 2026 with a result of € 124,203 after tax. For that financial year FLANDERS RETAIL recorded a gross margin of € 1.3 million and equity of € 1.9 million. Compared with financial year 2025, the result moved from € 348,023 to € 124,203. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 1.9 million
▲ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 124,203
▼ 64% vs 2025
Profit after tax over the fiscal year.
€ 14,024
▲ € 11,114 vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 1.9 million.
People and assets in 2026
17.8
▼ 0.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 3% vs 2025
€ 58,800 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 2026
None
No bank loans on the last day of the fiscal year.
€ 96,101
▲ 170% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 224,169
▲ 53% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,439,597 | € 1,440,544 | € 1,465,787 | € 1,345,607 | ▼ 8% |
| Profit after taxes | € 212,820 | € 236,553 | € 348,023 | € 124,203 | ▼ 64% |
| Equity | € 1,206,143 | € 1,442,696 | € 1,790,719 | € 1,914,921 | ▲ 7% |
| Total debts | € 297,411 | € 244,118 | € 181,984 | € 320,270 | ▲ 76% |
| Cash | € 19,373 | € 2,184 | € 2,910 | € 14,024 | ▲ € 11,114 |
| Retained profit | € 1,156,143 | € 1,392,696 | € 1,740,719 | € 1,864,921 | ▲ 7% |
| Bank debt | € 0 | € 14,580 | € 0 | € 0 | |
| Balance sheet total | € 1,503,555 | € 1,686,814 | € 1,972,702 | € 2,235,191 | ▲ 13% |
| Employees (FTE) | 17.7 | 17.5 | 18.7 | 17.8 | ▼ 0.9 |
By gross margin, FLANDERS RETAIL ranks 1st of 41 companies with main activity “Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)” in Gent that publish figures (fiscal year 2026).
Key figures of FLANDERS RETAIL, 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.
Ask about FLANDERS RETAIL the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to FLANDERS RETAIL?
What happened at FLANDERS RETAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 124,203 (▼ 64% vs 2025). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Nieuwpoort. KBO
- New establishment in Knokke-Heist. KBO
- New establishment in Gent. KBO
- New establishment in Brugge. KBO
- New establishment in Knokke-Heist. KBO
In short
From € 212,820 profit in 2023 to € 124,203 profit in 2026.
Paid € 287,114 in corporate taxes since 2023.
Best year ever: 2025, with € 348,023 profit.
On average € 75,600 of value added per employee in 2026.
Management
Behind FLANDERS RETAIL is Kadine BV. The shares are held by Kadine BV (99.7%) and Esfandiar Eghtessadi (0.3%).
Directors
According to the 2026 annual accounts
Director · represented by Esfandiar Eghtessadi
Also active at: BRIGHTSTORES, ANTLET, LIANT
Shareholders
99.7%
Esfandiar Eghtessadi
0.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Henegouwenstraat 2
9000 Gent
Kustlaan 146
8300 Knokke-Heist
Active since 15 May 2003
Zuidzandstraat 28
8000 Brugge
Active since 15 July 2005
Kustlaan 70
8300 Knokke-Heist
Active since 1 July 2007
Albert I laan 225 box C
8620 Nieuwpoort
Active since 1 January 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0643.593.218
- VAT number
- BE 0643.593.218
- Registered office
- Henegouwenstraat 2, 9000 Gent
- Names & denominations
- FLANDERS RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2015
- Peppol
- Active · Active since 5 Feb 2026
- Contact
- essentiel.be [email protected]
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)