Financials
Financial year 2025
RUSSELLSTORE from Knokke-Heist, company number BE0893190054, closed financial year 2025 with a result of € 621,631 after tax. For that financial year RUSSELLSTORE recorded a gross margin of € 1.6 million and equity of € 3.3 million. Compared with financial year 2024, the result moved from € 523,863 to € 621,631. 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 May 29, 2026.
€ 3.3 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 621,631
▲ 19% vs 2024
Profit after tax over the fiscal year.
€ 700,042
▲ 192% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 67,324 paid out
11 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.9
▼ 5.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 584,070
▼ 6% vs 2024
€ 53,600 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.
€ 184,884
▼ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 195,000
▲ 15% vs 2024
Loans from banks and other lenders, long and short.
€ 72,080
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 259,718
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,429,647 | € 1,710,085 | € 1,454,797 | € 1,585,650 | ▲ 9% |
| Profit after taxes | € 625,030 | € 642,031 | € 523,863 | € 621,631 | ▲ 19% |
| Equity | € 1,903,756 | € 2,304,587 | € 2,722,599 | € 3,276,906 | ▲ 20% |
| Total debts | € 1,065,238 | € 959,755 | € 656,885 | € 624,864 | ▼ 5% |
| Cash | € 653,191 | € 227,892 | € 239,684 | € 700,042 | ▲ 192% |
| Retained profit | € 1,897,556 | € 2,298,387 | € 2,716,399 | € 3,270,706 | ▲ 20% |
| Dividend | € 277,500 | € 241,200 | € 105,850 | € 67,324 | ▼ 36% |
| Bank debt | € 170,000 | € 170,000 | € 170,000 | € 195,000 | ▲ 15% |
| Balance sheet total | € 2,968,994 | € 3,264,342 | € 3,379,485 | € 3,901,770 | ▲ 15% |
| Employees (FTE) | 11.4 | 13.8 | 16.1 | 10.9 | ▼ 5.2 |
Key figures of RUSSELLSTORE, 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 RUSSELLSTORE?
What happened at RUSSELLSTORE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 621,631 (▲ 19% vs 2024). filed late Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Muriel Vandierendonck became a director. NBB
- RUSSELL BV became a director. NBB
- New establishment in Knokke-Heist. KBO
- New establishment in Knokke-Heist. KBO
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 625,030 profit in 2022 to € 621,631 profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2023, with € 642,031 profit.
On average € 145,500 of value added per employee 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
Behind RUSSELLSTORE are Muriel Vandierendonck and RUSSELL BV.
Directors
According to the 2025 annual accounts
Muriel Vandierendonck
Director
since 2023
Director · represented by Hans Thiers
since 2023
Establishments
Establishment units
Physical locations of this company
Lippenslaan 234
8300 Knokke-Heist
Lippenslaan 271
8300 Knokke-Heist
Active since 1 May 2013
Lippenslaan 228
8300 Knokke-Heist
Active since 1 June 2019
Zoutelaan 8
8300 Knokke-Heist
Active since 1 May 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0893.190.054
- VAT number
- BE 0893.190.054
- Registered office
- Lippenslaan 234, 8300 Knokke-Heist
- Names & denominations
- RUSSELLSTORE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2007
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)