Warning lights
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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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EASY RETAIL CONCEPT from Turnhout, company number BE0885082240, closed financial year 2025 with a result of € 110,466 after tax. For that financial year EASY RETAIL CONCEPT recorded a gross margin of € 299,094 and equity of € 520,189. Compared with financial year 2024, the result moved from € 83,043 to € 110,466. Profitable, and profit is growing. 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 March 9, 2026.
€ 520,189
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 110,466
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 50,031
▲ € 49,348 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 458,003.
People and assets in 2025
€ 1.6 million
▼ 3% vs 2024
Of which on lease € 1.6 million.
Debts at end 2025
€ 3.1 million
▼ 8% vs 2024
€ 250,507 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 29,695
▲ € 28,133 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,217
▲ 55% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 66,790 | € 75,545 | € 264,946 | € 299,094 | ▲ 13% |
| Profit after taxes | € 42,109 | € 39,471 | € 83,043 | € 110,466 | ▲ 33% |
| Equity | € 287,209 | € 326,680 | € 409,723 | € 520,189 | ▲ 27% |
| Total debts | € 82,520 | € 2,121,435 | € 3,373,201 | € 3,161,198 | ▼ 6% |
| Cash | € 5,387 | € 169,548 | € 682 | € 50,031 | ▲ € 49,348 |
| Land & buildings | € 361,667 | € 393,333 | € 425,000 | € 456,667 | ▲ 7% |
| Retained profit | € 225,023 | € 264,494 | € 347,537 | € 458,003 | ▲ 32% |
| Bank debt | € 66,241 | € 2,107,175 | € 3,335,313 | € 3,064,375 | ▼ 8% |
| Balance sheet total | € 369,729 | € 2,448,115 | € 3,782,924 | € 3,681,388 | ▼ 3% |
Key figures of EASY RETAIL CONCEPT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to EASY RETAIL CONCEPT?
What happened at EASY RETAIL CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 110,466 (▲ 33% vs 2024). Source: NBB ↗
- Midway BV became a director. NBB
- Carcis BV became a director. NBB
- Peter Bertels became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,109 profit in 2022 to € 110,466 profit in 2025.
Paid € 107,251 in corporate taxes since 2022.
Best year ever: 2025, with € 110,466 profit.
Management
Behind EASY RETAIL CONCEPT are Midway BV, Carcis BV and Peter Bertels. Midway BV is also behind THE CONCEPT GROUP, Timm and TCOG Holding. Carcis BV is also behind THE CONCEPT GROUP, Timm and TCOG Holding.
Directors
According to the 2025 annual accounts
Director · represented by Jimmy Depaepe
Also active at: THE CONCEPT GROUP, Timm, TCOG Holding
since 2021
Director · represented by Francis Adams
Also active at: THE CONCEPT GROUP, Timm, TCOG Holding
since 2021
Peter Bertels
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Steenweg op Zevendonk 151
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0885.082.240
- VAT number
- BE 0885.082.240
- Registered office
- Steenweg op Zevendonk 151, 2300 Turnhout
- Names & denominations
- EASY RETAIL CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 November 2006
- Peppol
- Active · Active since 31 Oct 2025
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