Financials
Financial year 2025
THE BUFFALO SHOE from Aalst, company number BE0428297461, closed financial year 2025 with a result of € -35,173 after tax. For that financial year THE BUFFALO SHOE recorded a gross margin of € 422,687 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 131,451 to € -35,173. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 1.2 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,173
▼ still € 131,451 profit in 2024
Profit after tax over the fiscal year.
€ 134,319
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 774,696.
People and assets in 2025
10.3
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 364,663
▲ 11% vs 2024
€ 35,400 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.
€ 74
▼ 99% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 735,507
▼ 7% vs 2024
€ 56,660 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 130,535
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,937
▲ 30% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 179,482 | € 193,951 | € 490,671 | € 422,687 | ▼ 14% |
| Profit after taxes | € -74,246 | € -128,809 | € 131,451 | € -35,173 | ▼ € 166,624 |
| Equity | € 2,645,999 | € 1,117,190 | € 1,248,641 | € 1,213,467 | ▼ 3% |
| Total debts | € 501,940 | € 3,101,423 | € 1,545,408 | € 1,129,495 | ▼ 27% |
| Cash | € 970,480 | € 583,103 | € 281,874 | € 134,319 | ▼ 52% |
| Land & buildings | € 436,914 | € 434,714 | € 464,798 | € 461,305 | ▼ 1% |
| Retained profit | € 2,207,228 | € 678,418 | € 809,869 | € 774,696 | ▼ 4% |
| Dividend | € 0 | € 1,400,000 | € 0 | € 0 | |
| Bank debt | € 14,633 | € 838,101 | € 786,918 | € 735,507 | ▼ 7% |
| Balance sheet total | € 3,162,545 | € 4,235,767 | € 2,805,596 | € 2,358,165 | ▼ 16% |
| Employees (FTE) | 4.9 | 7.3 | 8.3 | 10.3 | ▲ 2 |
Key figures of THE BUFFALO SHOE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to THE BUFFALO SHOE?
What happened at THE BUFFALO SHOE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Illis NV stepped down as director. NBB
- Biaggi BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 35,174 (▼ € 166,624 vs 2024). filed late Source: NBB ↗
- New establishment in Aalst. KBO
- New establishment in Namur. KBO
- New establishment in Namur. KBO
- Biaggi BV became a director. NBB
- Illis NV became a director. NBB
In short
From € 74,246 loss in 2022 to € 35,174 loss in 2025.
Paid € 1,311 in corporate taxes since 2022.
Best year ever: 2024, with € 131,451 profit.
On average € 41,000 of value added per employee in 2025.
Management
The stake of ILLIS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THE BUFFALO SHOEThe shares are held by ILLIS (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Stevens ANNE-MARIE (N.A.)
Also active at: L'Appuntamento Moda, EFIBE, BECOV, WILKINSON, Adibo, SHOE - TEX, IMMOBILIERE NAMUROISE, AALST IMMO
since 2015 · until 2029
Managing director · represented by Stevens MARIE-PAULE
Also active at: ILLIS, EFIBE, BECOV, Adibo, IMMOBILIERE NAMUROISE, IMMO LOVANIENSIS
since 2020 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lange Zoutstraat 10
9300 Aalst
Lange Zoutstraat 11
9300 Aalst
Active since 20 April 1995
Bondgenotenlaan 40
3000 Leuven
Active since 20 April 1995
Lange Zoutstraat 9
9300 Aalst
Active since 25 September 1999
Lange Zoutstraat 14-1
9300 Aalst
Active since 22 May 2004
Pieter Coeckestraat 65-6
9300 Aalst
Active since 20 December 1985
Rue de l'Ange 70
5000 Namur
Active since 30 September 2023
Rue de l'Ange 74
5000 Namur
Active since 5 November 2024
Lange Zoutstraat 3
9300 Aalst
Active since 23 May 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →L'Appuntamento Moda same network
€ 401,468 gross margin · 2025
ILLIS same network
€ 225,665 gross margin · 2025
BECOV same network
€ 30,900 gross margin · 2025
Adibo same network
€ -1,545 gross margin · 2025
IMMOBILIERE NAMUROISE same network
€ 61,297 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.297.461
- VAT number
- BE 0428.297.461
- Registered office
- Lange Zoutstraat 10, 9300 Aalst
- Names & denominations
- THE BUFFALO SHOE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 1985
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Detailhandel in schoeisel