Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AdShoe from Sint-Truiden, company number BE0827487105, closed financial year 2025 with a result of € 3,671 after tax. For that financial year AdShoe recorded a gross margin of € 86,584 and equity of € 34,412. Compared with financial year 2024, the result moved from € 1,097 to € 3,671. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 34,412
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,671
▲ 235% vs 2024
Profit after tax over the fiscal year.
€ 3,929
▼ 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 € 15,812.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 46,520
▼ 4% 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.
€ 1,204
▼ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 73,658
▼ 19% vs 2024
€ 5,667 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 4,306
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,900
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 63,544 | € 76,684 | € 87,641 | € 86,584 | ▼ 1% |
| Profit after taxes | € 4,234 | € 2,526 | € 1,097 | € 3,671 | ▲ 235% |
| Equity | € 31,936 | € 34,463 | € 30,742 | € 34,412 | ▲ 12% |
| Total debts | € 162,724 | € 142,242 | € 129,896 | € 90,100 | ▼ 31% |
| Cash | € 8,608 | € 20,933 | € 8,688 | € 3,929 | ▼ 55% |
| Land & buildings | - | - | € 27,324 | € 24,427 | ▼ 11% |
| Retained profit | € 13,336 | € 15,863 | € 12,142 | € 15,812 | ▲ 30% |
| Bank debt | € 123,243 | € 106,788 | € 90,456 | € 73,658 | ▼ 19% |
| Balance sheet total | € 194,660 | € 176,704 | € 160,638 | € 124,512 | ▼ 22% |
Key figures of AdShoe, fiscal years 2021 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 AdShoe?
What happened at AdShoe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,671 (▲ 235% vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Truiden. KBO
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,234 profit in 2021 to € 3,671 profit in 2025.
Paid € 2,472 in corporate taxes since 2021.
Best year ever: 2021, with € 4,234 profit.
A new publication or filing at AdShoe? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Iris Houben
Director
Establishments
Establishment units
Physical locations of this company
Breendonkstraat 12
3800 Sint-Truiden
Hasseltsesteenweg 86 box 7
3800 Sint-Truiden
Active since 1 October 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →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
Google Workspace
Hosting
GOOGLE-CLOUD-PLATFORM - Google LLC, US
Domain
Domain
graveeratelier.be
Registered
2017-02-22
Website info
Features
Security
Details
- Company number
- 0827.487.105
- VAT number
- BE 0827.487.105
- Registered office
- Breendonkstraat 12, 3800 Sint-Truiden
- Names & denominations
- AdShoe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 2010
- Peppol
- Active · Active since 30 Jan 2025
- Activities · NACE
Reparatie en onderhoud van schoeisel en lederwaren
Activiteiten van reclamebureaus
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Verhuur en lease van tenten
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering