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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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SHOE-LUX from Tessenderlo-Ham, company number BE0435301257, closed financial year 2025 with a result of € 20,138 after tax. For that financial year SHOE-LUX recorded a gross margin of € 109,828 and equity of € 782,503. Compared with financial year 2024, the result moved from € 44,762 to € 20,138. The company is profitable. 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 June 1, 2026.
€ 782,503
▼ 42% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,138
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 208,867
▼ 19% 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 € 708,135.
People and assets in 2025
€ 48,385
▲ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,833
▼ 49% 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.
€ 2,868
▼ 69% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,853
▼ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,867 | € 129,278 | € 108,544 | € 109,828 | ▲ 1% |
| Profit after taxes | € 16,245 | € 49,337 | € 44,762 | € 20,138 | ▼ 55% |
| Equity | € 1,342,069 | € 1,293,236 | € 1,337,998 | € 782,503 | ▼ 42% |
| Total debts | € 51,407 | € 47,711 | € 53,911 | € 543,482 | ▲ € 489,571 |
| Cash | € 374,750 | € 193,073 | € 259,035 | € 208,867 | ▼ 19% |
| Retained profit | € 692,069 | € 643,236 | € 687,998 | € 708,135 | ▲ 3% |
| Dividend | € 0 | € 98,169 | € 0 | € 0 | |
| Balance sheet total | € 1,393,476 | € 1,340,947 | € 1,391,909 | € 1,325,986 | ▼ 5% |
Key figures of SHOE-LUX, 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 SHOE-LUX?
What happened at SHOE-LUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marnik Vranken stepped down as director. NBB
- Hilde Godelaine stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20,138 (▼ 55% vs 2024). Source: NBB ↗
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,245 profit in 2022 to € 20,138 profit in 2025.
Paid € 65,104 in corporate taxes since 2022.
Best year ever: 2023, with € 49,337 profit.
Paid out € 98,169 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Marnik Vranken
Director
· until 2030
Hilde Godelaine
Director
· until 2030
Establishments
Establishment units
Physical locations of this company
Geelsebaan 10
3980 Tessenderlo-Ham
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
Website info
Features
Security
Network
Details
- Company number
- 0435.301.257
- VAT number
- BE 0435.301.257
- Registered office
- Geelsebaan 10, 3980 Tessenderlo-Ham
- Names & denominations
- SHOE-LUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 1988
- Peppol
- Active · Active since 6 Dec 2024
- Contact
- shoelux.be
- Activities · NACE
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