Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RETAIL MAX from Merelbeke-Melle, company number BE0859863131, closed financial year 2025 with a result of € -4,772 after tax. For that financial year RETAIL MAX recorded a gross margin of € -1,672 and equity of € -53,553. Compared with financial year 2024, the result moved from € -4,645 to € -4,772. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 20, 2026.
€ -53,553
▼ € 4,772 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,772
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -72,353.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 56,793
Loans from banks and other lenders, long and short.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 747 | - | - | |
| Gross margin | € -452 | € -3,682 | € -2,152 | € -1,672 | ▲ € 479 |
| Profit after taxes | € -652 | € -10,096 | € -4,645 | € -4,772 | ▼ € 127 |
| Equity | € -34,040 | € -44,136 | € -48,781 | € -53,553 | ▼ € 4,772 |
| Total debts | € 59,212 | € 57,384 | € 56,581 | € 56,793 | |
| Retained profit | € -52,840 | € -62,936 | € -67,581 | € -72,353 | ▼ € 4,772 |
| Bank debt | € 16,512 | € 57,384 | € 56,581 | € 56,793 | |
| Balance sheet total | € 25,172 | € 13,248 | € 7,800 | € 3,240 | ▼ 58% |
Key figures of RETAIL MAX, 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 RETAIL MAX?
What happened at RETAIL MAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,772. Source: NBB ↗
- Karl Nelissen became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Gent. KBO
In short
From € 652 loss in 2022 to € 4,772 loss in 2025.
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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
Directors
According to the 2025 annual accounts
Karl Nelissen
Director
since 2006
Establishments
Establishment units
Physical locations of this company
Stenen Molen 2
9820 Merelbeke-Melle
Gaston Crommenlaan 4 box 501
9050 Gent
Active since 4 June 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0859.863.131
- VAT number
- BE 0859.863.131
- Registered office
- Stenen Molen 2, 9820 Merelbeke-Melle
- Names & denominations
- RETAIL MAX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2003
- Peppol
- Active · Active since 21 Jun 2026
- Activities · NACE
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Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Handelsbemiddeling in de groothandel in voedings- en genotmiddelen
Handelsbemiddeling in voedings- en genotmiddelen