Financials
Financial year 2025
BELGIAN SHOES from Izegem, company number BE0414220682, closed financial year 2025 with a result of € 344,855 after tax. For that financial year BELGIAN SHOES recorded a gross margin of € 831,348 and equity of € 903,387. Compared with financial year 2024, the result moved from € 188,294 to € 344,855. 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 August 24, 2026.
€ 903,387
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 344,855
▲ 83% vs 2024
Profit after tax over the fiscal year.
€ 722,383
▲ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 239,400 paid out
69 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
12.5
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 555,650
▲ 27% vs 2024
€ 44,500 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.
€ 4,613
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 35,976
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 53,224
▼ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 399,975 | € 629,658 | € 622,300 | € 831,348 | ▲ 34% |
| Profit after taxes | € 120,452 | € 164,343 | € 188,294 | € 344,855 | ▲ 83% |
| Equity | € 763,295 | € 797,638 | € 797,932 | € 903,387 | ▲ 13% |
| Total debts | € 211,452 | € 203,127 | € 275,735 | € 328,601 | ▲ 19% |
| Cash | € 307,548 | € 349,718 | € 473,020 | € 722,383 | ▲ 53% |
| Retained profit | € 744,703 | € 779,046 | € 779,340 | € 884,795 | ▲ 14% |
| Dividend | € 120,000 | € 130,000 | € 188,000 | € 239,400 | ▲ 27% |
| Balance sheet total | € 974,747 | € 1,000,765 | € 1,073,666 | € 1,231,987 | ▲ 15% |
| Employees (FTE) | 6.9 | 9.9 | 11.9 | 12.5 | ▲ 0.6 |
Key figures of BELGIAN SHOES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BELGIAN SHOES?
What happened at BELGIAN SHOES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 344,855 (▲ 83% vs 2024). filed late Source: NBB ↗
- Sarah Vanacker CommV became a director. NBB
- Georges Vanacker became a director. NBB
- Barbara Vanacker CommV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 120,452 profit in 2022 to € 344,855 profit in 2025.
Paid € 36,860 in corporate taxes since 2022.
Best year ever: 2025, with € 344,855 profit.
On average € 66,500 of value added per employee in 2025.
Management
Behind BELGIAN SHOES are Sarah Vanacker CommV, Georges Vanacker and Barbara Vanacker CommV. Sarah Vanacker CommV is also behind Mareno, RONNY BIS and BAVASA. Barbara Vanacker CommV is also behind Mareno, RONNY BIS and BAVASA.
Directors
According to the 2025 annual accounts
Director · represented by Sarah Vanacker
since 2023
Georges Vanacker
Director
since 2023
Director · represented by Barbara Vanacker
since 2023
Establishments
Establishment units
Physical locations of this company
Ambachtenstraat 13
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0414.220.682
- VAT number
- BE 0414.220.682
- Registered office
- Ambachtenstraat 13, 8870 Izegem
- Names & denominations
- BELGIAN SHOES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 1974
- Peppol
- Active · Active since 24 Sept 2025
- Activities · NACE
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