Bankrupt · Opening faillissement (CBE)

Euro Shoe Group

BE0840591904

Rechtspersoon Public limited company 118 establishments

Euro Shoe Group is a shoe shop in Beringen. Public Limited, started on 25 October 2011, 118 establishments.

Lochtemanweg 17, 3580 Beringen 011854524

Start date

25 October 2011

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 42 % of short-term debt in 2023; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 181.1 to 161.7.

  • Figures corrected NBB

    Corrected annual account filed for 2021.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Euro Shoe Group from Beringen, company number BE0840591904, closed financial year 2023 with a result of € -5 million after tax. For that financial year Euro Shoe Group recorded revenue of € 103.2 million and equity of € 4.6 million. Compared with financial year 2022, the result moved from € 1.4 million to € -5 million. The company made a loss. The buffer shrank hard: equity is 52 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2024.

What it is worth Shrank hard

€ 4.6 million

▼ 52% vs 2022

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

Loss Caution

€ -5 million

▼ still € 1.4 million profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 1.6 million

▲ 65% vs 2022

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 € -13.4 million.

People and assets in 2023

Full-time equivalents

161.7

▼ 11.6 vs 2022

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

Wage cost

€ 9.9 million

▼ 1% vs 2022

€ 61,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 564,843

▲ 24% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 28.2 million

▼ 14% vs 2022

€ 7 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 12.1 million

▲ 9% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.

Taxes and wages

€ 3.1 million

▼ 20% vs 2022

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 111,095,134 € 114,075,630 € 103,198,218 ▼ 10%
Profit after taxes € -1,982,748 € 1,422,062 € -5,022,796 ▼ € 6.4 million
Equity € 8,235,892 € 9,657,954 € 4,635,157 ▼ 52%
Total debts € 42,839,104 € 50,161,208 € 45,274,471 ▼ 10%
Cash € 1,016,261 € 995,557 € 1,645,305 ▲ 65%
Land & buildings € 76,459 € 69,695 € 66,743 ▼ 4%
Retained profit € -9,836,513 € -8,414,451 € -13,437,248 ▼ € 5 million
Bank debt € 28,453,020 € 32,635,008 € 28,177,225 ▼ 14%
Balance sheet total € 52,791,714 € 60,430,328 € 50,214,245 ▼ 17%
Employees (FTE) 181.1 173.3 161.7 ▼ 11.6

Key figures of Euro Shoe Group, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Euro Shoe Group?

What happened at Euro Shoe Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Euro Shoe Group is active according to the CBE. Legal situation: Opening faillissement.

  • John-David Grison stepped down as director. NBB
  • De Boerderie BV stepped down as director. NBB
  • A.V.O. Management BVBA stepped down as director. NBB
  • Franciscus ten Berge stepped down as director. NBB
  • Eugenius BV stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 5 million (▼ € 6.4 million vs 2022). Source: NBB ↗
  • Vanaudenhove Philippe stepped down as director. NBB
  • Rewind Design BVBA stepped down as director. NBB

In short

From € 2 million loss in 2021 to € 5 million loss in 2023.

Paid € 215,925 in corporate taxes since 2021.

Best year ever: 2022, with € 1.4 million profit.

Pays suppliers within 46 days on average.

Management

Euro Shoe Group
Shoe Invest Holding SA 100%
Bristol BV 100%
Central Shoe SA 4.1%

It owns 100% of Shoe Invest Holding SA, 100% of Bristol BV, 25% of Cardi Fashion Group and 4.1% of Central Shoe SA itself.

See the full network in the app

Directors

According to the 2023 annual accounts

Vanaudenhove Philippe

Director

since 2020 · until 2024

John-David Grison

Director

since 2023 · until 2029

Franciscus ten Berge

Director

since 2023 · until 2026

De Boerderie BV

Managing director · represented by Vanaudenhove Elise

since 2023 · until 2029

MMTS Consultancy BV

Director · represented by Franciscus ten Berge

since 2022 · until 2023

Susan Lenderink

Director

since 2022 · until 2023

Rewind Design BVBA

Director · represented by Wouters Liesbeth

since 2022 · until 2024

since 2022 · until 2026

Establishments

Establishment units

Physical locations of this company

Registered office

Lochtemanweg 17

3580 Beringen

2.127.407.859

Route Nationale 5

7080 Frameries

Active since 1 January 1954

2.127.408.255

Maria-Christinastraat 198

1020 Brussel

Active since 1 January 1954

2.127.408.750

Steenweg op Waver 778 box 780

1040 Etterbeek

Active since 1 January 1954

2.127.408.849

Avenue de la Porallée ZN

4920 Aywaille

Active since 15 September 1993

2.127.409.245

Baetensstraat (Victor) 27

1500 Halle

Active since 15 September 1993

2.127.409.641

Genèvestraat 512

1140 Evere

Active since 15 September 1993

2.127.410.136

Elsense Steenweg 82

1050 Elsene

Active since 15 September 1993

2.127.410.235

Mechelsesteenweg 40 box 9

1800 Vilvoorde

Active since 15 September 1993

2.127.410.334

Neerstalse Steenweg 24A

1190 Vorst

Active since 15 September 1993

2.127.410.532

Helmetsesteenweg 277-279

1030 Schaarbeek

Active since 15 September 1993

2.127.410.631

Mechelsesteenweg 46

1910 Kampenhout

Active since 15 September 1993

2.127.411.621

Ring-West 13

9400 Ninove

Active since 15 September 1993

2.127.411.819

Albrechtlaan 56A

9300 Aalst

Active since 15 September 1993

2.127.412.215

Harelbeekstraat(Z) 157

8550 Zwevegem

Active since 1 September 1959

2.127.412.809

Avenue du Chêne Saint-Jean 4B

6041 Charleroi

Active since 1 September 1959

2.127.413.106

Keesinglaan 20

2100 Antwerpen

Active since 15 September 1993

2.127.413.304

Picoloplein 5

2940 Stabroek

Active since 15 September 1993

2.127.413.502

Brusselsesteenweg 574

2800 Mechelen

Active since 15 September 1993

2.127.413.896

Bredabaan 891/893

2170 Antwerpen

Active since 15 September 1993

2.127.413.995

Meir 29

2000 Antwerpen

Active since 15 September 1993

2.127.414.094

Koningin Astridlaan 85

2550 Kontich

Active since 15 September 1993

2.127.414.193

Boomsesteenweg 49 A

2630 Aartselaar

Active since 15 September 1993

2.127.414.292

Herentalsebaan 154

2160 Wommelgem

Active since 15 September 1993

2.127.414.490

Driekoningenstraat 9-13

2600 Antwerpen

Active since 15 September 1993

2.127.415.876

Kerkstraat 38

8370 Blankenberge

Active since 1 March 1961

2.127.416.470

Veemarktstraat 3

8000 Brugge

Active since 15 September 1993

2.127.416.569

Kortrijksestraat 65

8020 Oostkamp

Active since 15 September 1993

2.127.418.054

Rue de la Corderie 5

7370 Dour

Active since 1 April 1953

2.127.418.945

Rue des Ateliers(MLZ) 132

7140 Morlanwelz

Active since 15 September 1993

2.127.419.143

Brusselsesteenweg 244

9280 Lebbeke

Active since 15 September 1993

2.127.419.341

Ninoofsesteenweg 245

1080 Sint-Jans-Molenbeek

Active since 15 September 1993

2.127.419.737

Chaussée de Mons 302

6150 Anderlues

Active since 15 September 1993

2.127.420.331

Warande(BEV) 14

9120 Beveren-Kruibeke-Zwijndrecht

Active since 4 October 1972

2.127.420.430

Luikersteenweg 151

3700 Tongeren-Borgloon

Active since 4 October 1972

2.127.420.826

Mechelsesteenweg 87

9200 Dendermonde

Active since 15 September 1993

2.127.421.618

Merksplassesteenweg 110

2310 Rijkevorsel

Active since 15 September 1993

2.127.421.816

Rue de Neuville 2

5600 Philippeville

Active since 15 September 1993

2.127.422.113

Langemunt 43

9000 Gent

Active since 1 March 1955

2.127.422.212

Fonteinestraat 47

8700 Tielt

Active since 1 March 1955

2.127.422.311

Maïsstraat 5 box b

9060 Zelzate

Active since 1 March 1955

2.127.422.608

Brugsesteenweg 265

9000 Gent

Active since 15 September 1993

2.127.422.707

Koning Leopoldlaan 201

9990 Maldegem

Active since 1 March 1955

2.127.423.103

Herman Teirlinckstraat 4E

9041 Gent

Active since 15 September 1993

2.127.424.685

Buitensingel 60 box 4

3920 Lommel

Active since 1 September 1951

2.127.425.477

Zwanenbergstraat 29

3583 Beringen

Active since 15 September 1993

2.127.425.576

Schampbergstraat 22

3511 Hasselt

Active since 15 September 1993

2.127.426.170

Diestsestraat 7

3000 Leuven

Active since 15 September 1993

2.127.426.863

Haiglaan 31

8900 Ieper

Active since 15 September 1993

2.127.428.051

Brugsesteenweg 500

8800 Roeselare

Active since 15 September 1993

2.127.428.150

Ter Ferrants 1

8520 Kuurne

Active since 1 July 1958

2.127.428.249

Krekelmotestraat 62

8870 Izegem

Active since 15 September 1993

2.127.428.546

Gentseweg 755

8793 Waregem

Active since 15 September 1993

2.127.428.645

Noordstraat 6

8930 Menen

Active since 15 September 1993

2.127.429.734

Gouden Kruispunt 41

3390 Tielt-Winge

Active since 15 September 1993

2.127.430.427

Kolonel Begaultlaan 11

3012 Leuven

Active since 15 September 1993

2.127.430.526

Slachthuisstraat 30

3300 Tienen

Active since 15 September 1993

2.127.430.625

Leuvensesteenweg 88

3290 Diest

Active since 15 September 1993

2.127.431.714

Route de Marche 41B

6940 Durbuy

Active since 1 September 1953

2.127.432.209

Boulevard Pasteur 47 box 11

4100 Seraing

Active since 15 September 1993

2.127.432.506

Chaussée de Tirlemont(WAN) ZN

4520 Wanze

Active since 15 September 1993

2.127.432.704

Rue de la Clef 275

4621 Fléron

Active since 15 September 1993

2.127.433.494

Rue des Naiveux 38

4040 Herstal

Active since 15 September 1993

2.127.433.692

Rue de la Station 99E

4101 Seraing

Active since 15 September 1993

2.127.434.088

Rue de la Station 87

4101 Seraing

Active since 15 September 1993

2.127.434.385

Koninklijke Baan(Kok) 228

8670 Koksijde

Active since 15 September 1993

2.127.434.781

Marche, Chaussée de Liège 40

6900 Marche-en-Famenne

Active since 15 September 1993

2.127.434.979

Stationsstraat 90 box 2

2220 Heist-op-den-Berg

Active since 1 December 1957

2.127.436.167

Lispersteenweg 392

2500 Lier

Active since 15 September 1993

2.127.436.266

Chaussée de Binche 129

7000 Mons

Active since 1 November 1953

2.127.437.355

Chaussée de Couvin(CH) 95

6460 Chimay

Active since 15 September 1993

2.127.437.751

Langestraat 47B

9620 Zottegem

Active since 15 September 1993

2.127.438.246

Industrielaan 9

3800 Sint-Truiden

Active since 15 September 1993

2.127.438.444

Aatsesteenweg 6

7850 Enghien

Active since 15 September 1993

2.127.439.434

Chaussée de Louvain(BU) 252

5004 Namur

Active since 15 September 1993

2.127.439.533

Avenue Roi Albert 15

5300 Andenne

Active since 15 September 1993

2.127.439.632

Chaussée de Nivelles(FW) 103

5020 Namur

Active since 15 September 1993

2.127.439.731

Rue de la Sucrerie 4b

5030 Gembloux

Active since 15 September 1993

2.127.439.830

Rue Baty-des-Puissances 34

5190 Jemeppe-sur-Sambre

Active since 15 September 1993

2.127.441.216

Rootenstraat 8

3600 Genk

Active since 1 January 1953

2.127.441.810

Route des Gohineaux 21

6880 Bertrix

Active since 15 September 1993

2.127.442.107

Rue du Perroquet 12

1480 Tubize

Active since 15 September 1993

2.127.442.701

Statiestraat 65

8810 Lichtervelde

Active since 15 September 1993

2.127.442.897

Torhoutsesteenweg 612

8400 Oostende

Active since 15 September 1993

2.127.443.293

Noordlaan 13

8820 Torhout

Active since 15 September 1993

2.127.443.392

Sint-Bernardsesteenweg 312-320

2020 Antwerpen

Active since 1 May 1963

2.127.443.491

Rodendijk 26

2980 Zoersel

Active since 1 May 1963

2.127.443.689

Westerring 47

9700 Oudenaarde

Active since 15 September 1993

2.127.443.788

César Snoecklaan 5

9600 Ronse

Active since 15 September 1993

2.127.444.085

Zonnebloemstraat(Onk) 11 1

9500 Geraardsbergen

Active since 15 September 1993

2.127.444.580

Kapelstraat 101

9100 Sint-Niklaas

Active since 1 October 1960

2.127.445.273

Kleine Dam 1

9160 Lokeren

Active since 15 September 1993

2.127.446.263

Diestse steenweg 67

3200 Aarschot

Active since 1 January 1951

2.127.446.758

Boekweitstraat 141

3660 Opglabbeek

Active since 15 September 1993

2.127.446.857

Hasseltweg 146

3600 Genk

Active since 15 September 1993

2.127.447.451

Spijker 49

2910 Essen

Active since 15 September 1993

2.127.447.550

Toleikstraat 28

3960 Bree

Active since 15 September 1993

2.127.447.649

Steenweg(H.) 348

3870 Heers

Active since 15 September 1993

2.127.447.748

Rijksweg(L) 596

3630 Maasmechelen

Active since 15 September 1993

2.127.448.243

Spoorwegstraat(D) 6

8600 Diksmuide

Active since 15 September 1993

2.127.448.738

Rue Neuve Chaussée(PER) 86 box E

7600 Péruwelz

Active since 1 October 1953

2.127.449.530

Chaussée de Bruxelles 60

7800 Ath

Active since 15 September 1993

2.127.449.827

Rue Jules Vantieghem (EV) 3 box D

7730 Estaimpuis

Active since 15 September 1993

2.127.450.124

Wolfgang Amadeus Mozartlaan 12

7700 Mouscron

Active since 15 September 1993

2.127.450.421

Grote Baan 19

3530 Houthalen-Helchteren

Active since 1 March 1959

2.127.450.520

Rozenberg 96a

2400 Mol

Active since 1 March 1959

2.127.450.817

Olenseweg 199

2260 Westerlo

Active since 15 September 1993

2.127.451.213

Steenweg op Mol 118

2360 Oud-Turnhout

Active since 15 September 1993

2.127.451.312

Hotelstraat 8

2260 Westerlo

Active since 15 September 1993

2.127.451.510

Steenweg op Gierle 329

2300 Turnhout

Active since 15 September 1993

2.127.451.609

Minderhoutsestraat 49

2320 Hoogstraten

Active since 15 September 1993

2.127.451.708

Hulstsestraat 1

2431 Laakdal

Active since 15 September 1993

2.127.452.104

Boulevard des Anglais 45/47

4900 Spa

Active since 15 September 1993

2.127.452.203

Avenue des Alliés 14 box A

4960 Malmedy

Active since 15 September 1993

2.127.452.597

Boulevard des Gérardchamps 50C

4800 Verviers

Active since 15 September 1993

2.127.452.993

Gentsesteenweg 40-44

9240 Zele

Active since 1 October 1967

2.127.453.092

Zeelaan 142

8660 De Panne

Active since 15 September 1993

2.127.453.191

Rue Mitoyenne(BLN) ZN

4837 Baelen

Active since 15 September 1993

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

Details

Company number
0840.591.904
VAT number
BE 0840.591.904
Registered office
Lochtemanweg 17, 3580 Beringen
Names & denominations
Euro Shoe Group · ESG
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
25 October 2011
Peppol
Active · Active since 4 Aug 2026
Contact
011854524
Activities · NACE

Detailhandel in schoeisel

Overige niet-gespecialiseerde detailhandel

Detailhandel via postorderbedrijven of via internet

Frequently asked questions

What does Euro Shoe Group do?
Euro Shoe Group is a shoe shop in Beringen. Public Limited, started on 25 October 2011, 118 establishments.
What is the address of Euro Shoe Group?
The registered office of Euro Shoe Group is located at Lochtemanweg 17, 3580 Beringen.
Is Euro Shoe Group still active?
No. The CBE lists Euro Shoe Group with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Euro Shoe Group registered on Peppol?
Yes, Euro Shoe Group is registered on the Peppol network with ID 0208:0840591904.
What is the enterprise number of Euro Shoe Group?
The enterprise number of Euro Shoe Group is BE0840591904.
When was Euro Shoe Group founded?
Euro Shoe Group was founded on 25 October 2011.