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.
€ 1.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,078
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 29,578
▲ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 788,967.
People and assets in 2025
0.3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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
€ 680,000
▲ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 31,250
▲ € 23,783 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,318
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 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.
A new publication or filing at SHOES OR NO SHOES? We notify you, reason included.
Follow SHOES OR NO SHOESDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
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 SHOESThe shares are held by B.A.M. (51%) and SUNPART (49%).
Directors
According to the 2025 annual accounts
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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