Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
EQWAL FOOTCARE from Brugge, company number BE0415794755, closed financial year 2024 with a result of € -773,103 after tax. For that financial year EQWAL FOOTCARE recorded revenue of € 8 million and equity of € 605,223. Compared with financial year 2023, the result moved from € 101,389 to € -773,103. The company made a loss. The buffer shrank hard: equity is 56 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2025.
€ 605,223
▼ 56% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -773,103
▼ still € 101,389 profit in 2023
Profit after tax over the fiscal year.
€ 546,421
▼ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 55,223.
People and assets in 2024
69
▲ 5.7 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▼ 16% vs 2023
€ 44,900 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.
€ 392,946
▼ 25% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 4 million
▼ 45% vs 2023
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 602,649
▲ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 585,242
▲ 16% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 7,950,191 | |
| Gross margin | € 3,381,738 | € 3,345,674 | € 4,295,605 | - | |
| Profit after taxes | € 28,549 | € -316,321 | € 101,389 | € -773,103 | ▼ € 874,493 |
| Equity | € 1,593,258 | € 1,276,937 | € 1,378,327 | € 605,223 | ▼ 56% |
| Total debts | € 2,624,609 | € 7,148,215 | € 8,358,052 | € 8,019,899 | ▼ 4% |
| Cash | € 320,901 | € 94,736 | € 608,684 | € 546,421 | ▼ 10% |
| Land & buildings | € 917,460 | € 827,734 | € 861,634 | - | |
| Retained profit | € 1,043,258 | € 726,937 | € 828,327 | € 55,223 | ▼ 93% |
| Bank debt | € 1,945,759 | € 6,396,622 | € 7,290,801 | € 3,991,686 | ▼ 45% |
| Balance sheet total | € 4,217,867 | € 8,425,153 | € 9,736,379 | € 8,625,122 | ▼ 11% |
| Employees (FTE) | 58 | 59.2 | 63.3 | 69 | ▲ 5.7 |
Key figures of EQWAL FOOTCARE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to EQWAL FOOTCARE?
What happened at EQWAL FOOTCARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Finicoma BV stepped down as director. NBB
- New establishment in Wijnegem. KBO
- New establishment in Brasschaat. KBO
- New establishment in Hasselt. KBO
- New annual accounts for financial year 2024: loss of € 773,103 (▼ € 874,493 vs 2023). filed late Source: NBB ↗
- PAUWVIN bv stepped down as director. NBB
- Sepino bv stepped down as director. NBB
- Ann De Witte stepped down as director. NBB
In short
From € 28,549 profit in 2021 to € 773,103 loss in 2024.
Paid € 54,756 in corporate taxes since 2021.
Best year ever: 2023, with € 101,389 profit.
On average € 67,900 of value added per employee in 2023.
Management
The shares are held by Finicoma BV (100%). It owns 100% of Reyksens Orthopedie and 100% of Schoenen Reyskens itself.
Directors
According to the 2024 annual accounts
Director · represented by Vincent PAUWELS
since 2022 · until 2024
Director · represented by Pieter-Jan Sergeant
since 2023 · until 2024
Ann De Witte
Director
since 2022 · until 2024
since 2022 · until 2024
Managing director · represented by Jean-Pierre Mahé
Also active at: CAROSKIN, ORTHOSHOP, Eqwal Charleroi, SOCIETE DISTRIBUTION MEDICALE, BASILIC ORTHO PEDIA, Aqtor!, Eqwal Care Namur, SCHOENEN REYSKENS +13 more
since 2024 · until 2030
since 2022 · until 2024
Director · represented by Kristof De Prêtre
since 2022 · until 2024
Managing director · represented by Geert De Prêtre
Also active at: SCHAEPS, SCHOENEN REYSKENS, BORGHS FRANK, REYSKENS ORTHOPEDIE, IMMO HILVEE
since 2022 · until 2024
Director · represented by Lien Dhont
since 2023 · until 2024
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Monnikenwerve 171
8000 Brugge
Roomstraat 18
9160 Lokeren
Active since 15 March 2001
Nieuwpoortsesteenweg 9
8400 Oostende
Active since 31 March 2007
Rijselstraat 11
8900 Ieper
Active since 8 February 2011
Kerkstraat 18
9300 Aalst
Active since 1 July 2013
Turnhoutsebaan 92-94
2100 Antwerpen
Active since 1 April 2021
Gouverneur Roppesingel 10
3500 Hasselt
Active since 9 September 2025
Bredabaan 753
2930 Brasschaat
Active since 1 October 2025
Krijgsbaan 3
2110 Wijnegem
Active since 9 July 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
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Details
- Company number
- 0415.794.755
- VAT number
- BE 0415.794.755
- Registered office
- Monnikenwerve 171, 8000 Brugge
- Names & denominations
- EQWAL FOOTCARE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1976
- Peppol
- Active · Active since 11 Sept 2025
- Contact
- houseoffeet.be
- Activities · NACE
Vervaardiging van orthopedische artikelen en prothesen
Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden
Ontwikkeling van residentiële bouwprojecten
Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen
Projectontwikkeling voor woningbouw
Detailhandel in medische en orthopedische artikelen
Detailhandel in medische en orthopedische artikelen in gespecialiseerde winkels