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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 9.6 to 7.7.
Financials
Financial year 2025
SCHAEFER SHOP from Zaventem, company number BE0414944620, closed financial year 2025 with a result of € -165,017 after tax. For that financial year SCHAEFER SHOP recorded revenue of € 3.2 million and equity of € -1.5 million. Compared with financial year 2024, the result moved from € -274,817 to € -165,017. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.
€ -1.5 million
▼ € 165,017 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -165,017
▲ 40 % less loss than in 2024
Profit after tax over the fiscal year.
€ 272,086
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.1 million.
People and assets in 2025
7.7
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 756,788
▼ 14% vs 2024
€ 98,300 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.
€ 5,796
▼ 78% 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.
€ 2 million
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 264 days on average.
€ 97,091
▼ 41% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,307,795 | € 4,314,620 | € 3,505,694 | € 3,194,046 | ▼ 9% |
| Profit after taxes | € -687,395 | € 4,104 | € -274,817 | € -165,017 | ▲ € 109,800 |
| Equity | € -1,019,181 | € -1,015,076 | € -1,289,894 | € -1,454,911 | ▼ € 165,017 |
| Total debts | € 2,178,464 | € 2,166,788 | € 2,171,409 | € 2,150,687 | ▼ 1% |
| Cash | € 463,797 | € 348,428 | € 348,003 | € 272,086 | ▼ 22% |
| Retained profit | € -4,639,181 | € -4,635,076 | € -4,909,894 | € -5,074,911 | ▼ € 165,017 |
| Balance sheet total | € 1,159,284 | € 1,151,711 | € 881,516 | € 695,777 | ▼ 21% |
| Employees (FTE) | 9.4 | 9.6 | 9.3 | 7.7 | ▼ 1.6 |
Key figures of SCHAEFER SHOP, 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 SCHAEFER SHOP?
What happened at SCHAEFER SHOP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Michael Gilgen stepped down as director. NBB
- Andreas Reuter stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 165,017. Source: NBB ↗
- Michael Gilgen became a director. NBB
- Andreas Dietz stepped down as director. NBB
- Andreas Reuter became a director. NBB
- Andreas Dietz became a director. NBB
- New establishment in Zaventem. KBO
In short
From € 687,395 loss in 2022 to € 165,017 loss in 2025.
Paid € 8,974 in corporate taxes since 2022.
Best year ever: 2023, with € 4,104 profit.
Management
Directors
According to the 2025 annual accounts
Michael Gilgen
Director
since 2025 · until 2029
Andreas Reuter
Director
since 2023 · until 2029
Andreas Dietz
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Excelsiorlaan 44
1930 Zaventem
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
DNS
Cloudflare DNS
Website info
Features
Security
Details
- Company number
- 0414.944.620
- VAT number
- BE 0414.944.620
- Registered office
- Excelsiorlaan 44, 1930 Zaventem
- Names & denominations
- SCHAEFER SHOP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1975
- Peppol
- Active · Active since 22 Dec 2025
- Contact
- schaefer-shop.be
- Activities · NACE
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