Financials
Financial year 2026
RETAIL SERVICES MANAGEMENT from Tournai, company number BE0865369167, closed financial year 2026 with a result of € 210,631 after tax. For that financial year RETAIL SERVICES MANAGEMENT recorded revenue of € 1.1 million and equity of € 4.1 million. Compared with financial year 2025, the result moved from € 119,361 to € 210,631. 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 June 23, 2026.
€ 4.1 million
▲ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 210,631
▲ 76% vs 2025
Profit after tax over the fiscal year.
€ 29,714
▲ 175% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 210,631.
People and assets in 2026
4
▲ 0.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 403,342
▲ 10% vs 2025
€ 100,800 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.
€ 153,410
▲ 34% vs 2025
Of which on lease € 131,689.
Debts at end 2026
€ 260,089
▲ 16% vs 2025
€ 168,914 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2.3 million
▲ 3% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1869 days on average.
€ 76,077
▲ 25% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 670,300 | € 525,308 | € 971,781 | € 1,055,587 | ▲ 9% |
| Profit after taxes | € -55,035 | € 102,472 | € 119,361 | € 210,631 | ▲ 76% |
| Equity | € 2,991,210 | € 3,722,881 | € 3,842,242 | € 4,052,873 | ▲ 5% |
| Total debts | € 2,786,313 | € 2,408,862 | € 2,782,479 | € 2,960,196 | ▲ 6% |
| Cash | € 13,477 | € 17,227 | € 10,786 | € 29,714 | ▲ 175% |
| Retained profit | € -1,699,990 | € -1,597,518 | € -1,478,157 | € 210,631 | ▲ € 1.7 million |
| Bank debt | € 62,818 | € 112,106 | € 223,542 | € 260,089 | ▲ 16% |
| Balance sheet total | € 5,777,523 | € 6,131,742 | € 6,624,721 | € 7,013,069 | ▲ 6% |
| Employees (FTE) | 2.6 | 2.6 | 3.8 | 4 | ▲ 0.2 |
Key figures of RETAIL SERVICES MANAGEMENT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.
What happened to RETAIL SERVICES MANAGEMENT?
What happened at RETAIL SERVICES MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 210,631 (▲ 76% vs 2025). Source: NBB ↗
- BELLINCO SA became a director. NBB
- Elisabeth Theunissen stepped down as director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Tournai. KBO
In short
From € 55,035 loss in 2023 to € 210,631 profit in 2026.
Paid € 5,071 in corporate taxes since 2023.
Best year ever: 2026, with € 210,631 profit.
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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
The stake of BELLINCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RETAIL SERVICES MANAGEMENTBehind RETAIL SERVICES MANAGEMENT are BELLINCO SA and DE CLAERE SRL. The shares are held by BELLINCO (100%). It owns 100% of Retail Services Kain, 100% of Retail Services Tubize, 100% of Retail Services Elouges, 100% of Retail Services Boussu and 100% of Retail Services Ath itself.
Directors
According to the 2026 annual accounts
Director · represented by Elisabeth Theunissen
since 2026
Managing director · represented by Arnaud Vandenbogaerde
Also active at: METRA, RETAIL SERVICES BLATON, RETAIL SERVICES ATH, RETAIL SERVICES KAIN, RETAIL SERVICES BOUSSU, RETAIL SERVICES ELOUGES, VANDENBOGAERDE
Elisabeth Theunissen
Director
Also active at: BELLINCO, METRA, ARHOL, De Claere, RETAIL SERVICES BLATON, RETAIL SERVICES ATH, RETAIL SERVICES KAIN, RETAIL SERVICES BOUSSU +2 more
· until 2025
Shareholders
100%
Participations
Establishments
Establishment units
Physical locations of this company
Rue du Troisième Age(K) 2
7540 Tournai
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0865.369.167
- VAT number
- BE 0865.369.167
- Registered office
- Rue du Troisième Age(K) 2, 7540 Tournai
- Names & denominations
- RETAIL SERVICES MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2004
- Peppol
- Active · Active since 25 Jul 2025
- Activities · NACE
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen