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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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EDO SHOE from Aalst, company number BE0429938741, closed financial year 2025 with a result of € 4,571 after tax. For that financial year EDO SHOE recorded a gross margin of € 22,328 and equity of € -789,399. Compared with financial year 2024, the result moved from € 4,296 to € 4,571. Profitable, and profit is growing. 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 May 18, 2026.
€ -789,399
▲ € 4,571 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,571
▲ 6% vs 2024
Profit after tax over the fiscal year.
€ 1,052
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -1.2 million.
People and assets in 2025
€ 14,453
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8,561
▼ 63% vs 2024
Loans from banks and other lenders, long and short.
€ 545
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,362
▼ 11% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,126 | € 77,636 | € 22,578 | € 22,328 | ▼ 1% |
| Profit after taxes | € 1,038 | € 36,133 | € 4,296 | € 4,571 | ▲ 6% |
| Equity | € -834,400 | € -798,266 | € -793,970 | € -789,399 | ▲ € 4,571 |
| Total debts | € 929,244 | € 886,513 | € 854,902 | € 839,057 | ▼ 2% |
| Cash | € 5,929 | € 2,387 | € 2,331 | € 1,052 | ▼ 55% |
| Land & buildings | € 9,916 | € 9,916 | € 9,916 | € 9,916 | |
| Retained profit | € -1,268,200 | € -1,232,066 | € -1,227,770 | € -1,223,199 | |
| Bank debt | € 75,575 | € 47,333 | € 23,292 | € 8,561 | ▼ 63% |
| Balance sheet total | € 94,844 | € 88,247 | € 60,932 | € 49,659 | ▼ 19% |
Key figures of EDO 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 31 July 2027.
What happened to EDO SHOE?
What happened at EDO SHOE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SONJA STEENHAUT stepped down as director. NBB
- RUDY STEENHAUT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4,571 (▲ 6% vs 2024). Source: NBB ↗
- SONJA STEENHAUT became a director. NBB
- RUDY STEENHAUT became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,038 profit in 2022 to € 4,571 profit in 2025.
Paid € 18,137 in corporate taxes since 2022.
Best year ever: 2023, with € 36,133 profit.
Management
Directors
According to the 2025 annual accounts
SONJA STEENHAUT
Director
since 2024 · until 2030
RUDY STEENHAUT
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Moorselbaan 244
9300 Aalst
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.938.741
- VAT number
- BE 0429.938.741
- Registered office
- Moorselbaan 244, 9300 Aalst
- Names & denominations
- EDO SHOE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1986
- Peppol
- Active · Active since 3 Sept 2025
- Activities · NACE
Groothandel in schoeisel