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 13 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
RETAIL PROPERTY DEVELOPMENT from Antwerpen, company number BE0870220850, closed financial year 2024 with a result of € -599,981 after tax. For that financial year RETAIL PROPERTY DEVELOPMENT recorded a gross margin of € -212,151 and equity of € 2.8 million. Compared with financial year 2023, the result moved from € 16,224 to € -599,981. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 4, 2025.
€ 2.8 million
▼ 17% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -599,981
▼ still € 16,224 profit in 2023
Profit after tax over the fiscal year.
€ 260,975
▲ 78% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.8 million.
People and assets in 2024
0.8
Average over the fiscal year, from the social balance sheet.
€ 141,363
▲ 245% 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.
€ 1,286
▼ 40% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3.8 million
▼ 18% vs 2023
€ 2.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 129,479
▲ 194% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,238
▼ 51% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 128,532 | € 71,864 | € 166,352 | € -212,151 | ▼ € 378,502 |
| Profit after taxes | € 39,735 | € 1,165 | € 16,224 | € -599,981 | ▼ € 616,205 |
| Equity | € 3,427,014 | € 3,428,179 | € 3,444,403 | € 2,844,422 | ▼ 17% |
| Total debts | € 2,098,688 | € 2,572,231 | € 4,830,474 | € 4,088,654 | ▼ 15% |
| Cash | € 257,086 | € 298,306 | € 146,398 | € 260,975 | ▲ 78% |
| Retained profit | € 3,364,014 | € 3,365,179 | € 3,381,403 | € 2,781,422 | ▼ 18% |
| Bank debt | € 1,530,415 | € 2,467,079 | € 4,631,222 | € 3,777,889 | ▼ 18% |
| Balance sheet total | € 5,525,702 | € 6,000,410 | € 8,274,877 | € 6,933,076 | ▼ 16% |
| Employees (FTE) | 1 | 1 | 0.8 | 0.8 |
Key figures of RETAIL PROPERTY DEVELOPMENT, 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 PROPERTY DEVELOPMENT?
What happened at RETAIL PROPERTY DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 599,981 (▼ € 616,205 vs 2023). filed late Source: NBB ↗
- Vantage Realty BV became a director. NBB
- Jes Consulting BV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 39,735 profit in 2021 to € 599,981 loss in 2024.
Paid € 25,771 in corporate taxes since 2021.
Best year ever: 2021, with € 39,735 profit.
On average € 71,900 of value added per employee in 2022.
A new publication or filing at RETAIL PROPERTY DEVELOPMENT? 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
The stake of VANTAGE REALTY, CAPWICK comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RETAIL PROPERTY DEVELOPMENTBehind RETAIL PROPERTY DEVELOPMENT are Vantage Realty BV and Jes Consulting BV. The shares are held by VANTAGE REALTY (33.3%) and CAPWICK (16.7%). It owns 66.7% of Residential Property Development, 63.4% of Vajamo and 50% of Gallus itself.
Directors
According to the 2024 annual accounts
Managing director · represented by Vanderpoorten PHILIPPE
Also active at: TREENITY LAND, TREENITY CONSTRUCT, FREMABEL
since 2017
Managing director · represented by Moens EMILIE
since 2017
Shareholders
33.3%
16.7%
Participations
Establishments
Establishment units
Physical locations of this company
Ernest Van Dijckkaai 10 box 3L
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →SOCIETE BELGE D'AFFRETEMENT SOBELNORD
€ 119,576 gross margin · 2025
Hermit
ALEX & ED STUDIO
€ 6,850 gross margin · 2024
RESIDENTIAL PROPERTY DEVELOPMENT same network
€ -5,419 gross margin · 2025
VAJAMO same network
€ -5,917 gross margin · 2025
+4 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
- 0870.220.850
- VAT number
- BE 0870.220.850
- Registered office
- Ernest Van Dijckkaai 10 bus 3L, 2000 Antwerpen
- Names & denominations
- RETAIL PROPERTY DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 November 2004
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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