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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
63 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
AM RETAIL BELGIUM from Etterbeek, company number BE0841400863, closed financial year 2025 with a result of € 755,528 after tax. For that financial year AM RETAIL BELGIUM recorded a gross margin of € 3.3 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 436,657 to € 755,528. Profitable, and profit is growing. 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 August 28, 2026.
€ 2.2 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 755,528
▲ 73% vs 2024
Profit after tax over the fiscal year.
€ 911,296
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
42.7
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 12% vs 2024
€ 50,000 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.
€ 6,707
▼ 3% 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.
€ 459,952
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 815,576
▲ 22% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,334,682 | € 2,315,522 | € 2,783,361 | € 3,301,997 | ▲ 19% |
| Profit after taxes | € 243,517 | € 181,684 | € 436,657 | € 755,528 | ▲ 73% |
| Equity | € 1,362,955 | € 1,544,639 | € 1,981,296 | € 2,236,824 | ▲ 13% |
| Total debts | € 2,593,956 | € 1,694,212 | € 1,845,233 | € 1,275,528 | ▼ 31% |
| Cash | € 614,481 | € 368,270 | € 714,884 | € 911,296 | ▲ 27% |
| Retained profit | € 1,342,955 | € 1,524,639 | € 1,961,296 | € 2,216,824 | ▲ 13% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Bank debt | € 1,163,151 | € 791,285 | € 517,041 | € 0 | ▼ 100% |
| Balance sheet total | € 4,028,911 | € 3,353,381 | € 3,983,590 | € 3,711,942 | ▼ 7% |
| Employees (FTE) | 33.5 | 37.2 | 41.1 | 42.7 | ▲ 1.6 |
Key figures of AM RETAIL BELGIUM, 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 AM RETAIL BELGIUM?
What happened at AM RETAIL BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 755,528 (▲ 73% vs 2024). filed late Source: NBB ↗
- New establishment in Nieuwpoort. KBO
- Michael Azoulay became a director. NBB
- New establishment in Maasmechelen. KBO
- New establishment in Brussel. KBO
- New establishment in Namur. KBO
- New establishment in Brugge. KBO
- New establishment in Antwerpen. KBO
In short
From € 243,517 profit in 2022 to € 755,528 profit in 2025.
Paid € 526,979 in corporate taxes since 2022.
Best year ever: 2025, with € 755,528 profit.
On average € 77,300 of value added per employee in 2025.
A new publication or filing at AM RETAIL BELGIUM? 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 AM RETAIL BELGIUM is Michael Azoulay.
Directors
According to the 2025 annual accounts
Michael Azoulay
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Jachtlaan 135
1040 Etterbeek
Schuttershofstraat 18
2000 Antwerpen
Active since 29 November 2011
Brabantdam 28
9000 Gent
Active since 24 October 2015
Albertplein 17-18
8300 Knokke-Heist
Active since 10 April 2015
Antoine Dansaertstraat 38
1000 Brussel
Active since 30 August 2014
Waterloosesteenweg 966
1180 Ukkel
Active since 25 April 2015
Louizalaan 62
1050 Elsene
Active since 11 March 2016
Rue du Pot-d'Or 9-11B
4000 Liège
Active since 30 May 2017
Nationalestraat 11 en 13
2000 Antwerpen
Active since 7 April 2018
Rue d'Arlon 199
6780 Messancy
Active since 7 April 2018
Rue Saint-Jacques 8-10
5000 Namur
Active since 1 January 2019
Eiermarkt 4
8000 Brugge
Active since 1 January 2019
Antoine Dansaertstraat 32
1000 Brussel
Active since 1 February 2019
Zetellaan(E) 100 box space 37
3630 Maasmechelen
Active since 4 December 2020
Albert I laan 200
8620 Nieuwpoort
Active since 1 August 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
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€ 30,521 revenue · 2025
Schiettecatte et Co
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€ 231,449 gross margin · 2024
+58 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
- 0841.400.863
- VAT number
- BE 0841.400.863
- Registered office
- Jachtlaan 135, 1040 Etterbeek
- Names & denominations
- AM RETAIL BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2011
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)