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 56 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SG Retail Brussels from Antwerpen, company number BE0799390460, closed financial year 2025 with a result of € 3,182 after tax. For that financial year SG Retail Brussels recorded a gross margin of € 240,967 and equity of € 7,748. Compared with financial year 2024, the result moved from € -434 to € 3,182. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 7, 2025.
€ 7,748
▲ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,182
▲ still € 434 loss in 2024
Profit after tax over the fiscal year.
€ 186,702
▼ 10% 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 € 2,748.
People and assets in 2025
4.6
Average over the fiscal year, from the social balance sheet.
€ 188,727
▲ 20% vs 2024
€ 41,000 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 433,600
▲ € 341,202 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 33,549
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 199,114 | € 240,967 | ▲ 21% |
| Profit after taxes | € -434 | € 3,182 | ▲ € 3,616 |
| Equity | € 4,566 | € 7,748 | ▲ 70% |
| Total debts | € 472,807 | € 571,378 | ▲ 21% |
| Cash | € 206,643 | € 186,702 | ▼ 10% |
| Retained profit | € -434 | € 2,748 | ▲ € 3,182 |
| Balance sheet total | € 477,373 | € 579,126 | ▲ 21% |
| Employees (FTE) | 4.6 | 4.6 |
Key figures of SG Retail Brussels, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.
What happened to SG Retail Brussels?
What happened at SG Retail Brussels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,182. Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- New establishment in Anderlecht. KBO
- New establishment in Antwerpen. KBO
- New establishment in Brussel. KBO
- Cresten Vaupell Grene became a director. NBB
- Mikkel Vaupell Grene became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 434 loss in 2024 to € 3,182 profit in 2025.
Paid € 3,651 in corporate taxes since 2024.
Best year ever: 2025, with € 3,182 profit.
On average € 52,400 of value added per employee in 2025.
A new publication or filing at SG Retail Brussels? 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
Behind SG Retail Brussels are Cresten Vaupell Grene and Mikkel Vaupell Grene. The same people are also behind SG Retail Antwerpen, SG Retail Leuven and SG Retail Mechelen.
Directors
According to the 2025 annual accounts
Cresten Vaupell Grene
Managing director
Also active at: SG Retail Antwerpen, SG Retail Leuven, SG Retail Mechelen
since 2023
Mikkel Vaupell Grene
Managing director
Also active at: SG Retail Antwerpen, SG Retail Leuven, SG Retail Mechelen
since 2023
Establishments
Establishment units
Physical locations of this company
Meir 78 box 27
2000 Antwerpen
Nieuwstraat 123
1000 Brussel
Active since 10 March 2023
Sylvain Dupuislaan 445
1070 Anderlecht
Active since 1 May 2025
Place de l'Accueil 10
1348 Ottignies-Louvain-la-Neuve
Active since 1 July 2025
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 →UMAN360
€ -17,955 gross margin · 2024
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€ -6,978 gross margin · 2025
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€ 667,335 gross margin · 2025
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€ -217,354 gross margin · 2025
RETAILHUB
€ 200,840 gross margin · 2024
+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
- 0799.390.460
- VAT number
- BE 0799.390.460
- Registered office
- Meir 78 bus 27, 2000 Antwerpen
- Names & denominations
- SG Retail Brussels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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