Active · per the CBE, 29 October 2026

SHOES OR NO SHOES

BE0437898184

Rechtspersoon Public limited company 1 establishment

SHOES OR NO SHOES is a logistics company in Kruisem. Public Limited, started on 30 June 1989, 1 establishment.

Vandevoordeweg(KRU) 2, 9770 Kruisem

Active for

37 year, 3 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SHOES OR NO SHOES from Kruisem, company number BE0437898184, closed financial year 2025 with a result of € -2,078 after tax. For that financial year SHOES OR NO SHOES recorded a gross margin of € 43,147 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -15,221 to € -2,078. 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 July 22, 2026.

What it is worth Healthy

€ 1.2 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2,078

▲ 86 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 29,578

▲ 90% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 788,967.

People and assets in 2025

Full-time equivalents

0.3

▼ 0.4 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 21,104

▲ 10% 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.

Debts at end 2025

Bank debt

€ 680,000

▲ 5% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 31,250

▲ € 23,783 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 1,318

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € -1,429 € 21,899 € 35,632 € 43,147 ▲ 21%
Profit after taxes € -31,194 € -108,449 € -15,221 € -2,078 ▲ € 13,144
Equity € 1,200,858 € 1,201,780 € 1,186,559 € 1,184,481
Total debts € 477,122 € 601,155 € 658,467 € 713,657 ▲ 8%
Cash € 24,627 € 27,697 € 15,530 € 29,578 ▲ 90%
Retained profit € 914,715 € 806,266 € 791,045 € 788,967
Bank debt € 460,000 € 590,000 € 650,000 € 680,000 ▲ 5%
Balance sheet total € 1,677,979 € 1,802,936 € 1,845,026 € 1,898,138 ▲ 3%
Employees (FTE) 0.5 0.5 0.7 0.3 ▼ 0.4

Key figures of SHOES OR NO SHOES, 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 SHOES OR NO SHOES?

What happened at SHOES OR NO SHOES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 2,078. Source: NBB ↗
  • Dirk VANDERSCHUEREN stepped down as director. NBB
  • Eddy DUMAREY stepped down as director. NBB
  • Wilhelmus HABRAKEN stepped down as director. NBB
  • Dirk VANDERSCHUEREN became a director. NBB
  • Eddy DUMAREY became a director. NBB
  • Wilhelmus HABRAKEN became a director. NBB
  • New establishment in Kruisem. KBO

In short

From € 31,194 loss in 2022 to € 2,078 loss in 2025.

Original PDFs at the National Bank ↗

Management

B.A.M. 51%
SUNPART 49%

The stake of B.A.M., SUNPART comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

SHOES OR NO SHOES

The shares are held by B.A.M. (51%) and SUNPART (49%).

Directors

According to the 2025 annual accounts

Dirk VANDERSCHUEREN

Managing director

since 2020 · until 2026

Eddy DUMAREY

Director

Also active at: LECOT, JAMAR

since 2020 · until 2026

Wilhelmus HABRAKEN

Director

since 2020 · until 2026

Shareholders

B.A.M.

51%

SUNPART

49%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Vandevoordeweg(KRU) 2

9770 Kruisem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0437.898.184
VAT number
BE 0437.898.184
Registered office
Vandevoordeweg(KRU) 2, 9770 Kruisem
Names & denominations
SHOES OR NO SHOES
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
30 June 1989
Peppol
Active · Active since 1 Jan 2001
Activities · NACE

Gespecialiseerde detailhandel in souvenirs, ambachtelijke producten en religieuze artikelen

Detailhandel in souvenirs en religieuze artikelen

Organisatie van congressen en beurzen

Organisatie van salons, tentoonstellingen en beurzen

Detailhandel in souvenirs en religieuze artikelen in gespecialiseerde winkels

Activiteiten van bouwarchitecten

Detailhandel in huismeubilair

Architecten

+2

View on CBE Public ↗ Annual accounts (NBB) ↗

Frequently asked questions

What does SHOES OR NO SHOES do?
SHOES OR NO SHOES is a logistics company in Kruisem. Public Limited, started on 30 June 1989, 1 establishment.
What is the address of SHOES OR NO SHOES?
The registered office of SHOES OR NO SHOES is located at Vandevoordeweg(KRU) 2, 9770 Kruisem.
Is SHOES OR NO SHOES still active?
Yes. According to the CBE (29 October 2026) SHOES OR NO SHOES is active, legal situation “Normale toestand”, started on 30 June 1989.
Is SHOES OR NO SHOES registered on Peppol?
Yes, SHOES OR NO SHOES is registered on the Peppol network with ID 0208:0437898184.
What is the enterprise number of SHOES OR NO SHOES?
The enterprise number of SHOES OR NO SHOES is BE0437898184.
When was SHOES OR NO SHOES founded?
SHOES OR NO SHOES was founded on 30 June 1989.