Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
-
Legal situation KBO
Opschorting (gerechtelijke reorganisatie) according to the CBE.
Financials
Financial year 2025
SA SHOPPING CONCEPT from Philippeville, company number BE1006792692, closed financial year 2025 with a result of € -668,816 after tax. For that financial year SA SHOPPING CONCEPT recorded a gross margin of € 323,656 and equity of € -743,426. Compared with financial year 2024, the result moved from € -137,109 to € -668,816. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -743,426
▼ € 668,816 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -668,816
▼ 388 % more loss than in 2024
Profit after tax over the fiscal year.
€ 470,738
▲ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -805,926.
People and assets in 2025
18
▲ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 729,614
▲ 31% vs 2024
€ 40,500 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.
Debts at end 2025
€ 275,724
€ 83,455 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.8 million
▲ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 91,822
▲ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 449,252 | € 323,656 | ▼ 28% |
| Profit after taxes | € -137,109 | € -668,816 | ▼ € 531,707 |
| Equity | € -74,609 | € -743,426 | ▼ € 668,816 |
| Total debts | € 1,146,894 | € 2,136,572 | ▲ 86% |
| Cash | € 384,692 | € 470,738 | ▲ 22% |
| Retained profit | € -137,109 | € -805,926 | ▼ € 668,816 |
| Bank debt | € 0 | € 275,724 | |
| Balance sheet total | € 1,072,284 | € 1,393,147 | ▲ 30% |
| Employees (FTE) | 16.6 | 18 | ▲ 1.4 |
Key figures of SA SHOPPING CONCEPT, fiscal years 2024 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 SA SHOPPING CONCEPT?
What happened at SA SHOPPING CONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 668,816. Source: NBB ↗
- JEAN VANDELEN stepped down as director. NBB
- STEVEN LEDOUX stepped down as director. NBB
- New establishment in Philippeville. KBO
- Start of the company according to the CBE. KBO
In short
From € 137,109 loss in 2024 to € 668,816 loss in 2025.
Paid € 79 in corporate taxes since 2024.
On average € 18,000 of value added per employee in 2025.
Management
Behind SA SHOPPING CONCEPT is FREDERIC QUINET.
Directors
According to the 2025 annual accounts
FREDERIC QUINET
Managing director
· until 2026
STEVEN LEDOUX
Director
· until 2026
Establishments
Establishment units
Physical locations of this company
Rue de France 39
5600 Philippeville
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Details
- Company number
- 1006.792.692
- VAT number
- BE 1006.792.692
- Registered office
- Rue de France 39, 5600 Philippeville
- Names & denominations
- SA SHOPPING CONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opschorting (gerechtelijke reorganisatie)
- Start date
- 5 March 2024
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)