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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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ADJ RETAIL from Seraing, company number BE0664876503, closed financial year 2025 with a result of € 179,571 after tax. For that financial year ADJ RETAIL recorded revenue of € 6.1 million and equity of € 332,953. Compared with financial year 2024, the result moved from € 179,781 to € 179,571. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 332,953
▲ 117% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 179,571
Profit after tax over the fiscal year.
€ 162,933
▲ 41% 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 € 271,453.
People and assets in 2025
12.9
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 546,073
▲ 6% vs 2024
€ 42,300 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.
€ 37,114
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 511,022
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 66,514
▼ 42% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,896,435 | € 5,055,547 | € 5,592,441 | € 6,077,307 | ▲ 9% |
| Profit after taxes | € 88,426 | € 124,596 | € 179,781 | € 179,571 | |
| Equity | € -150,996 | € -26,400 | € 153,381 | € 332,953 | ▲ 117% |
| Total debts | € 1,753,719 | € 1,450,754 | € 1,105,770 | € 880,448 | ▼ 20% |
| Cash | € 117,919 | € 209,035 | € 115,861 | € 162,933 | ▲ 41% |
| Retained profit | € -212,496 | € -87,900 | € 91,881 | € 271,453 | ▲ 195% |
| Balance sheet total | € 1,602,724 | € 1,424,354 | € 1,259,151 | € 1,213,400 | ▼ 4% |
| Employees (FTE) | 15.3 | 13.5 | 12.3 | 12.9 | ▲ 0.6 |
Key figures of ADJ 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 ADJ RETAIL?
What happened at ADJ 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 € 179,571. Source: NBB ↗
- New establishment in Seraing. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,426 profit in 2022 to € 179,571 profit in 2025.
Paid € 138,435 in corporate taxes since 2022.
Best year ever: 2024, with € 179,781 profit.
Pays suppliers within 33 days on average.
Management
Behind ADJ RETAIL are Anne OLIVIER, Roland DE TIEGE and Claire DE TIEGE. Roland DE TIEGE is also behind SUPER TAGADA and DTO Immobilier. Claire DE TIEGE is also behind SUPER TAGADA, DTO Immobilier and Meusimmo Construct.
Directors
According to the 2025 annual accounts
Anne OLIVIER
Director
Establishments
Establishment units
Physical locations of this company
Rue de la Station 109
4101 Seraing
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0664.876.503
- VAT number
- BE 0664.876.503
- Registered office
- Rue de la Station 109, 4101 Seraing
- Names & denominations
- ADJ RETAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 October 2016
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)