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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Telenet Retail from Mechelen, company number BE0813219195, closed financial year 2025 with a result of € 8.5 million after tax. For that financial year Telenet Retail recorded revenue of € 77.5 million and equity of € 5.8 million. Compared with financial year 2024, the result moved from € 6.8 million to € 8.5 million. Profitable, and profit is growing. The buffer shrank hard: equity is 53 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 5.8 million
▼ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.5 million
▲ 26% vs 2024
Profit after tax over the fiscal year.
€ 205,202
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 15 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
299
▼ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 20 million
▲ 3% vs 2024
€ 66,900 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.
€ 2.6 million
▲ 34% 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.
€ 32 million
▲ 141% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 258 days on average.
€ 11.4 million
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 77,577,894 | € 90,762,392 | € 91,849,161 | € 77,493,209 | ▼ 16% |
| Profit after taxes | € 6,475,354 | € 5,600,577 | € 6,803,483 | € 8,543,521 | ▲ 26% |
| Equity | € 34,859,129 | € 40,459,706 | € 12,263,189 | € 5,806,710 | ▼ 53% |
| Total debts | € 10,806,509 | € 22,666,831 | € 23,584,463 | € 59,807,351 | ▲ 154% |
| Cash | € 694,604 | € 405,526 | € 255,121 | € 205,202 | ▼ 20% |
| Retained profit | € -3,202,371 | € 2,398,206 | € 6,887,555 | € 431,076 | ▼ 94% |
| Dividend | € 0 | € 0 | € 35,000,000 | € 15,000,000 | ▼ 57% |
| Balance sheet total | € 45,665,638 | € 63,126,536 | € 35,847,652 | € 65,631,061 | ▲ 83% |
| Employees (FTE) | 329.9 | 301.3 | 304.8 | 299 | ▼ 5.8 |
Key figures of Telenet 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 Telenet Retail?
What happened at Telenet Retail in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Benedikte Paulissen stepped down as director. NBB
- John Porter stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 8.5 million (▲ 26% vs 2024). Source: NBB ↗
- Bart Van Sprundel became a director. NBB
- Silvia Brady became a director. NBB
- Dieter Nieuwdorp stepped down as director. NBB
- New establishment in Arlon. KBO
- New establishment in Marche-en-Famenne. KBO
In short
From € 6.5 million profit in 2022 to € 8.5 million profit in 2025.
Paid € 7.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 8.5 million profit.
Paid out € 50 million in dividends to the owners in total.
Management
The stake of TELENET, TELENET GROUP HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Telenet RetailBehind Telenet Retail are Bart Van Sprundel and Silvia Brady. The shares are held by TELENET (100%) and TELENET GROUP HOLDING (0.1%).
Directors
According to the 2025 annual accounts
Bart Van Sprundel
Director
Also active at: Telenet Group, TELENET, TELENET GROUP HOLDING, Wyre Holding, Wyre, Blossom Energy
since 2026
since 2026
Dieter Nieuwdorp
Director
Also active at: Vlaams Netwerk van Ondernemingen, TELENET VLAANDEREN, Telenet Group, TELENET
since 2021 · until 2026
John Porter
Director
since 2021 · until 2027
since 2023 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Liersesteenweg 4
2800 Mechelen
Kattestraat 5
9300 Aalst
Active since 18 July 2001
Grote Markt 17
8800 Roeselare
Active since 7 September 2000
Bruul 32
2800 Mechelen
Active since 30 April 2002
Wijngaardstraat(Kor) 33 box CR44/CR45
8500 Kortrijk
Active since 27 September 1999
Meirbrug 1
2000 Antwerpen
Active since 20 February 2006
Statielei 33
2640 Mortsel
Active since 20 February 2006
Oude Vest (DEN) 47
9200 Dendermonde
Active since 20 February 2006
Koning Albertstraat 1
3500 Hasselt
Active since 20 February 2006
Jetse Steenweg 695
1090 Jette
Active since 20 February 2006
Bredabaan 967
2900 Schoten
Active since 20 February 2006
Turnhoutsebaan 5
2110 Wijnegem
Active since 20 February 2006
Zandstraat(HRT) 48-50
2200 Herentals
Active since 18 December 2007
Lessensestraat 1
9500 Geraardsbergen
Active since 18 December 2007
Kapelstraat 100 box 105/S
9100 Sint-Niklaas
Active since 23 June 2009
Bruul 45
2800 Mechelen
Active since 23 June 2009
Gasthuisstraat 30
2300 Turnhout
Active since 1 October 2011
Rootenstraat 8 box 91
3600 Genk
Active since 1 May 2014
Zonnestraat 1
9000 Gent
Active since 14 November 2015
Rue Charlemagne 16
1348 Ottignies-Louvain-la-Neuve
Active since 1 June 2017
Rue aux Gâdes 1
7800 Ath
Active since 1 June 2017
Alsembergsesteenweg 702
1180 Ukkel
Active since 1 June 2017
Elsense Steenweg 52
1050 Elsene
Active since 1 June 2017
Chaussée de Bruxelles 217
1410 Waterloo
Active since 1 June 2017
Bredabaan 414
2170 Antwerpen
Active since 1 June 2017
Ooststraat 2
8800 Roeselare
Active since 1 June 2017
Steenweg op Waver 742
1040 Etterbeek
Active since 1 June 2017
Rue de Fer 137
5000 Namur
Active since 1 June 2017
Kattestraat 26
9300 Aalst
Active since 1 June 2017
Louizalaan 53
1050 Brussel
Active since 1 June 2017
Kleerkopersstraat 44
1000 Brussel
Active since 1 June 2017
de Hinnisdaellaan 2
1150 Sint-Pieters-Woluwe
Active since 1 June 2017
Boulevard Raymond-Poincaré 7 box 31A
4020 Liège
Active since 1 June 2017
Rue du Trieu-Kaisin 71 box 191
6200 Châtelet
Active since 1 June 2017
Sint-Bernardsesteenweg 131B
2020 Antwerpen
Active since 1 June 2017
Rue Joffre 7
4000 Liège
Active since 1 June 2017
Bondgenotenlaan 74
3000 Leuven
Active since 1 June 2017
Chazallaan 140
1030 Schaarbeek
Active since 1 June 2017
Sylvain Dupuislaan 497
1070 Anderlecht
Active since 1 June 2017
Lambermontlaan 1
1000 Brussel
Active since 1 June 2017
Langemunt 59
9000 Gent
Active since 1 June 2017
Place Verte 20
6000 Charleroi
Active since 1 June 2017
Quai des Vennes 1
4020 Liège
Active since 1 June 2017
Olympische dreef 15
1070 Anderlecht
Active since 1 June 2017
Pelikaanstraat 3 box 1010
2018 Antwerpen
Active since 1 June 2017
Nieuwstraat 123 N16
1000 Brussel
Active since 1 June 2017
Place des Grands Prés 1
7000 Mons
Active since 1 June 2017
Meir 6
2000 Antwerpen
Active since 1 August 2017
Turnhoutsebaan 5/209
2110 Wijnegem
Active since 27 February 2018
Keizer Karellaan 420 box 135
1082 Sint-Agatha-Berchem
Active since 1 March 2018
Kapellestraat 46
8400 Oostende
Active since 24 May 2019
Liersesteenweg 4 box .
2800 Mechelen
Active since 1 June 2017
Marche, Place du Roi Albert 12A
6900 Marche-en-Famenne
Active since 18 November 2024
Grand-Rue 42
6700 Arlon
Active since 2 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Telenet Group same network
€ 254.7 million revenue · 2025
Instelling voor bedrijfspensioenvoorziening Telenet
Telenet
Blossom Energy same network
€ -1.7 million gross margin · 2025
Telenet Holdco I
+1 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
- 0813.219.195
- VAT number
- BE 0813.219.195
- Registered office
- Liersesteenweg 4, 2800 Mechelen
- Names & denominations
- Telenet Retail
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 June 2009
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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