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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
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Smart Retail Business from Turnhout, company number BE0846374191, closed financial year 2025 with a result of € 302,031 after tax. For that financial year Smart Retail Business recorded a gross margin of € 1.6 million and equity of € 666,881. Compared with financial year 2024, the result moved from € 300,857 to € 302,031. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 666,881
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 302,031
Profit after tax over the fiscal year.
€ 266,803
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 265,000 paid out
88 % of the profit went to the shareholders, mostly to VLH Holding (100 % of the shares). That is where the money ends up.
People and assets in 2025
19.5
▼ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 913,398
▲ 2% vs 2024
€ 46,800 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.
€ 10,942
▲ € 10,852 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 200,876
▼ 36% vs 2024
€ 50,161 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 906,826
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 133,355
▼ 6% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,249,837 | € 1,399,502 | € 1,609,958 | € 1,642,709 | ▲ 2% |
| Profit after taxes | € -17,541 | € 129,552 | € 300,857 | € 302,031 | |
| Equity | € 593,441 | € 612,993 | € 629,850 | € 666,881 | ▲ 6% |
| Total debts | € 2,331,765 | € 2,358,227 | € 2,221,212 | € 1,759,537 | ▼ 21% |
| Cash | € 68,957 | € 88,428 | € 299,074 | € 266,803 | ▼ 11% |
| Retained profit | € -6,559 | € 12,993 | € 29,850 | € 66,881 | ▲ 124% |
| Dividend | € 0 | € 110,000 | € 284,000 | € 265,000 | ▼ 7% |
| Bank debt | € 657,045 | € 446,730 | € 312,676 | € 200,876 | ▼ 36% |
| Balance sheet total | € 2,925,206 | € 2,971,220 | € 2,851,062 | € 2,426,418 | ▼ 15% |
| Employees (FTE) | 22.1 | 21.5 | 22.8 | 19.5 | ▼ 3.3 |
By gross margin, Smart Retail Business ranks 3rd of 25 companies with main activity “Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen” in Turnhout that publish figures (fiscal year 2025).
Key figures of Smart Retail Business, 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.
Ask about Smart Retail Business 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 Smart Retail Business?
What happened at Smart Retail Business in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 302,031. filed late Source: NBB ↗
- Capital increase of € 400,000, published in the Gazette. Source: Staatsblad ↗
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,541 loss in 2022 to € 302,031 profit in 2025.
Paid € 257,219 in corporate taxes since 2022.
Best year ever: 2025, with € 302,031 profit.
On average € 84,200 of value added per employee in 2025.
Management
The stake of VLH Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Smart Retail BusinessBehind Smart Retail Business is VLH HOLDING BV. The shares are held by VLH Holding (100%).
Directors
According to the 2025 annual accounts
Director · represented by Hans VAN LEEUWEN
Also active at: HERMES MANAGEMENT & CONSULTANCY, VLH Holding, PJ Company, RVL Hoogstraten, ADG, LVL Vosselaar, JVL Beerse, PDService&QualityMeat +8 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Parklaan 170 box B
2300 Turnhout
Parklaan 170
2300 Turnhout
Active since 12 November 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →HERMES MANAGEMENT & CONSULTANCY same network
€ 1.2 million gross margin · 2025
VLH Holding same network
€ 4.4 million gross margin · 2025
PJ Company same network
€ 462,231 gross margin · 2025
RVL Hoogstraten same network
€ 1.3 million gross margin · 2025
LVL Vosselaar same network
€ 1.8 million gross margin · 2025
+8 more
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
- 0846.374.191
- VAT number
- BE 0846.374.191
- Registered office
- Parklaan 170 bus B, 2300 Turnhout
- Names & denominations
- Smart Retail Business · SBR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 May 2012
- Peppol
- Active · Active since 9 Nov 2026
- 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)