Shopping Center Schaus
ActiveShopping Center Schaus has been active since 1972 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-75k) and a net result of €-365k. Equity is shrinking by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 12% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
7
/ 100
Critical▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency38▲+21
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.87 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.1%
Return on assets
-20%
Age of the figures
8 mo
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€75k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
27 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
47 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-365k▼ 188%
2024 · €-127k
2018: €52k
2019: €14k
2020: €81k
2021: €22k
2022: €-109k
2023: €-180k
2024: €-127k
2018 → 2025
Working capital
€-370k▼ 129%
2024 · €-161k
2018: €286k
2019: €296k
2020: €427k
2021: €494k
2022: €409k
2023: €235k
2024: €-161k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€707k-€597k▼ 15.5%€417k▼ 30.2%€290k▼ 30.4%€-75k
Operating result€31k-€-105k€-177k▼ 69.4%€-138k▲ 21.9%€-313k▼ 126%
Net result€22k-€-109k€-180k▼ 65.3%€-127k▲ 29.7%€-365k▼ 188%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €313k in 2025 against €138k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.83M
Fixed assets
€1.00M▼ 7.2%
Current assets
€828k▼ 22.2%
Key figures and ratios
EBITDA
€-172k▼
2024 · €-61k
Cash flow
€-225k▼
2024 · €-50k
Solvency
-4.1%▼
2024 · 13.5%
Current ratio
0.69▼
2024 · 0.87
Quick ratio
0.25▼
2024 · 0.40
Debt / equity
-25.33▼
2024 · 6.39
ROE
485.7%▲
2024 · -43.7%
ROA
-20.0%▼
2024 · -5.9%
Interest coverage
-3.15▼
2024 · -2.29
Debt
€1.91M▲
2024 · €1.85M
Debt ≤ 1 year
€1.20M▼
2024 · €1.23M
Debt > 1 year
€707k▲
2024 · €629k
Staff costs
€587k▲
2024 · €541k
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€2.14M€1.83M▼
Fixed assets21/28€1.08M€1.00M▼
Tangible fixed assets22/27€1.08M€1.00M▼
Plant, machinery and equipment23€1.08M€1.00M▼
Financial fixed assets28€87€87=
Current assets29/58€1.06M€828k▼
Amounts receivable after more than one year29€120k-
Other amounts receivable291€120k-
Stocks and contracts in progress3€568k€524k▼
Stocks30/36€568k€524k▼
Amounts receivable within one year40/41€77k€90k▲
Trade receivables40€27k€83k▲
Other amounts receivable41€50k€7k▼
Cash at bank and in hand54/58€239k€156k▼
Deferred charges and accrued income490/1€60k€58k▼
Equity and liabilities
Total equity and liabilities10/49€2.14M€1.83M▼
Equity10/15€290k€-75k▼
Contributions10/11€700k€700k=
Reserves13€41k€41k=
Tax-exempt reserves132€21k€21k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€-451k€-817k▼
Amounts payable17/49€1.85M€1.91M▲
Amounts payable after more than one year17€629k€707k▲
Financial debts170/4€629k€517k▼
Other amounts payable178/9-€190k
Amounts payable within one year42/48€1.23M€1.20M▼
Current portion of amounts payable after more than one year42€166k€172k▲
Financial debts43€100k€15k▼
Credit institutions430/8-€15k
Other loans439€100k-
Trade debts44€799k€876k▲
Suppliers440/4€799k€876k▲
Taxes, remuneration and social security45€69k€71k▲
Taxes450/3-€3k
Remuneration and social security454/9€69k€68k▼
Other amounts payable47/48€91k€64k▼
Income statement
Code20242025
Remuneration, social security and pensions62€541k€587k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€141k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€483k€419k▼
Operating profit (loss)9901€-138k€-313k▼
Financial income75/76B€38k€2k▼
Recurring financial income75€8k€2k▼
Non-recurring financial income76B€30k-
Financial charges65/66B€27k€55k▲
Recurring financial charges65€27k€55k▲
Profit (loss) for the period before taxes9903€-127k€-365k▼
Profit (loss) for the period9904€-127k€-365k▼
Profit (loss) for the period to be appropriated9905€-127k€-365k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-451k€-817k▼
Profit (loss) brought forward from the previous period14P€-325k€-451k▼
Social balance
Average headcount (FTE)908714.014.0=
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-365k
Net result drops to €-365k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €81k ▲471%
Operating result €138k, net result €81k, both a record.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 47 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sankt Vith · 1 establishment unit since 1972
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.
Klosterstrasse 364780 Sankt Vith1 establishment unit
Carrefour Market
since 19722.010.917.589
Recognitions · licences · registrations
Food safety, FASFC
1 siteEupen2.010.917.589
Similar companies · same sector, comparable size
G.E.B.E.W.E.
BE 0427.025.870
Eupen · Eq €290k
VAN DER WEEËN
BE 0421.880.417
Denderleeuw · Eq €289k
GEE
BE 0446.651.841
Marche-en-Famenne · Eq €289k
ARIAN MARKT
BE 0682.927.411
Roeselare · Eq €289k
KARAM
BE 0822.228.022
Lanaken · Eq €288k
Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 3,799 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-1972
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47114Supermarkets
52114
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.