Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
RETAIL PARTNERS from Ukkel, company number BE0870161561, closed financial year 2024 with a result of € 14,325 after tax. For that financial year RETAIL PARTNERS recorded a gross margin of € 104,263 and equity of € 329,528. Compared with financial year 2023, the result moved from € 436,514 to € 14,325. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.
€ 329,528
▲ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,325
▼ 97% vs 2023
Profit after tax over the fiscal year.
€ 3,425
▼ 58% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -716,006.
People and assets in 2024
€ 14,342
▼ 60% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 136,237
▲ € 130,667 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 165,849
▲ 2% vs 2023
Loans from banks and other lenders, long and short.
€ 127,825
▼ 11% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 68,658
▼ 17% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 55,157 | € 29,808 | € 249,683 | € 104,263 | ▼ 58% |
| Profit after taxes | € 30,341 | € -4,521 | € 436,514 | € 14,325 | ▼ 97% |
| Equity | € -30,152 | € -34,673 | € 315,202 | € 329,528 | ▲ 5% |
| Total debts | € 345,936 | € 377,409 | € 2,201,897 | € 2,316,304 | ▲ 5% |
| Cash | - | € 2,431 | € 8,138 | € 3,425 | ▼ 58% |
| Retained profit | € -48,752 | € -53,273 | € -730,331 | € -716,006 | ▲ € 14,325 |
| Bank debt | € 21,402 | € 19,957 | € 162,379 | € 165,849 | ▲ 2% |
| Balance sheet total | € 315,784 | € 342,736 | € 2,517,100 | € 2,645,832 | ▲ 5% |
| Employees (FTE) | - | - | 0.9 | - |
Key figures of RETAIL PARTNERS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RETAIL PARTNERS?
What happened at RETAIL PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 14,325 (▼ 97% vs 2023). filed late Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,341 profit in 2021 to € 14,325 profit in 2024.
Paid € 79,968 in corporate taxes since 2021.
Best year ever: 2023, with € 436,514 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
Behind RETAIL PARTNERS is Charles LUEL. It owns 100% of CITY BUSINESS, 100% of R.I.C. and 100% of L&B INVEST itself.
Directors
According to the 2024 annual accounts
Charles LUEL
Director
Also active at: VERTIGE, CITY BUSINESS, RETAIL INVEST COMPANY, EVEREST CAPITAL, L & B Invest
Establishments
Establishment units
Physical locations of this company
Alsembergsesteenweg 676
1180 Ukkel
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 →VERTIGE same network
€ -163 gross margin · 2024
CITY BUSINESS same network
€ -2,161 gross margin · 2024
RETAIL INVEST COMPANY same network
€ 39,623 gross margin · 2024
EVEREST CAPITAL same network
€ 444,174 gross margin · 2025
BASCH CORPORATE
+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
- 0870.161.561
- VAT number
- BE 0870.161.561
- Registered office
- Alsembergsesteenweg 676, 1180 Ukkel
- Names & denominations
- RETAIL PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 2004
- Peppol
- Active · Active since 12 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed
Handel in onroerend goed
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