SHOE-LUX
ActiveSHOE-LUX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €783k and a net result of €20k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 71% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-31
Solvency84▼-16
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 25.15 in 2024; short-term debt: 41% and cash: 15.8% of total assets), and 41% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59%
Return on assets
1.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
56 d early
2023
50 d early
2022
60 d early
2021
19 d early
2020
40 d early
2019
6 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€783k▼ 41.5%
2024 · €1.34M
2018: €1.53M
2019: €1.54M
2020: €1.55M
2021: €1.33M
2022: €1.34M
2023: €1.29M
2024: €1.34M
2018 → 2025
Total assets
€1.33M▼ 4.7%
2024 · €1.39M
2018: €1.55M
2019: €1.57M
2020: €1.58M
2021: €1.63M
2022: €1.39M
2023: €1.34M
2024: €1.39M
2018 → 2025
Net result
€20k▼ 55.0%
2024 · €45k
2018: €31k
2019: €9k
2020: €10k
2021: €35k
2022: €16k
2023: €49k
2024: €45k
2018 → 2025
Working capital
€774k▼ 40.5%
2024 · €1.30M
2018: €1.35M
2019: €1.34M
2020: €1.38M
2021: €1.19M
2022: €1.24M
2023: €1.23M
2024: €1.30M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.33M-€1.34M▲ 1.2%€1.29M▼ 3.6%€1.34M▲ 3.5%€783k▼ 41.5%
Operating result€19k-€-3k€47k€30k▼ 36.0%€31k▲ 2.3%
Net result€35k-€16k▼ 53.0%€49k▲ 204%€45k▼ 9.3%€20k▼ 55.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.33M
Fixed assets
€8k▼ 77.6%
Current assets
€1.32M▼ 2.8%
Equity and liabilities €1.33M
Equity
€783k▼ 41.5%
Debt
€543k▲ 908%
The debt ratio rises from 3.9% to 41.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €58k
Cash flow
€48k▼
2024 · €73k
Solvency
59.0%▼
2024 · 96.1%
Current ratio
2.43▼
2024 · 25.15
Quick ratio
1.94▼
2024 · 20.29
Debt / equity
0.69▲
2024 · 0.04
ROE
2.6%▼
2024 · 3.3%
ROA
1.5%▼
2024 · 3.2%
Interest coverage
2.61▼
2024 · 60.96
Debt
€543k▲
2024 · €54k
Debt ≤ 1 year
€543k▲
2024 · €54k
Income taxes
€13k▼
2024 · €19k
Staff costs
€48k▲
2024 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.39M€1.33M▼
Fixed assets21/28€36k€8k▼
Tangible fixed assets22/27€36k€8k▼
Plant, machinery and equipment23€20k€37▼
Furniture and vehicles24€15k€8k▼
Financial fixed assets28€146€146=
Current assets29/58€1.36M€1.32M▼
Stocks and contracts in progress3€262k€264k▲
Stocks30/36€262k€264k▲
Amounts receivable within one year40/41€12k€3k▼
Trade receivables40€2k€3k▲
Other amounts receivable41€9k€0▼
Current investments50/53€821k€840k▲
Cash at bank and in hand54/58€259k€209k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.33M▼
Equity10/15€1.34M€783k▼
Contributions10/11€650k€74k▼
Capital10€650k€74k▼
Issued capital100€650k€74k▼
Reserves13€688k€708k▲
Non-distributable reserves130/1€91k€91k=
Legal reserve130€91k€91k=
Tax-exempt reserves132€63k€63k=
Distributable reserves133€534k€554k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€54k€543k▲
Amounts payable within one year42/48€54k€543k▲
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€39k€33k▼
Taxes450/3€24k€18k▼
Remuneration and social security454/9€15k€15k▲
Other amounts payable47/48€6k€508k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€48k€48k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€109k€110k▲
Operating profit (loss)9901€30k€31k▲
Financial income75/76B€35k€25k▼
Recurring financial income75€35k€25k▼
Financial charges65/66B€955€22k▲
Recurring financial charges65€955€22k▲
Profit (loss) for the period before taxes9903€64k€33k▼
Income taxes67/77€19k€13k▼
Profit (loss) for the period9904€45k€20k▼
Profit (loss) for the period to be appropriated9905€45k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€20k▼
Transfer from equity791/2€0-
Transfer to equity691/2€45k€20k▼
To other reserves6921€45k€20k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €49k ▲204%
Operating result €47k, net result €49k, both a record.
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 25.20
Current ratio from 4.86 to 25.20; short-term debt falls from €308k to €51k.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼72.2%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Geelsebaan 103980 Tessenderlo-HamGround area
700 m²
Building footprint
627 m²
Volume, LiDAR
2,820 m³
Parcel 71057A0716/00T005, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SHOE-LUX
since 19882.040.196.941
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A0716/00T005 | Flanders | 700 m² | 1 · 627 m² | 10.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IRONIE
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DANIELS-BOGEMANN
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Of 1,035 companies in sector 47721 we hold annual accounts for 583. 334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-09-1988
Fiscal year end31-12
Activities, NACEBEL
47721Retail sale of footwear
46425Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.