Equity
€3.4m ▲ 3.8%
AU FUSEAU paid out €360,000 in dividends. That is 74% of the 2025 profit.
AU FUSEAU
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €1.7m (2023)
€1.5m▼ 4.5%
peak €640,752 (2023)
€486,300▼ 7.7%
peak €3.4m (2025)
€3.4m▲ 3.8%
€732,129▼ 40.3%
peak 15.8 FTE (2025)
15.8 FTE▲ 6.0%
Board2 names since 1997
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Dividend €360,000Debts from €1.2m to €732,129Cash from €1.2m to €1.7m
Key points
from the 2025 annual accountsTurnover
≈ €4.0m estimated
The accounts state no turnover.
Staff
17 employees on 31-12-2025
In 2025, 57 people joined and 58 left.
Liquidity
5.74 was 3.68 in 2024
Short-term debts fell from €1.2m to €679,997.
Filings
49 annual accounts since 1977
Three of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.
Position in the sector
€486,300
Higher net result than 95% of companies in retail trade. Sector median €38,016 · 13,231 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,124 companies had the same profile as AU FUSEAU has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,124 companies, not a prediction for AU FUSEAU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0411955238
Reappointments: (director) and (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 30-11-2023 · Gazette deed
Capital decrease of €540,000 to €60,000
Capital from €600,000 to €60,000, 2,070 shares cancelled · General meeting of 29-12-2017 · Gazette deed
New establishment in Spa
AU FUSEAU LINGERIE, Place Verte 6
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AU FUSEAU Spa | €4.2m | €1.5m | 82.4% | 15.8 |
| Elbi Sint-Gillis (bij-Brussel) | €3.4m | €1.5m | 47.1% | 20.5 |
| JABU Sint-Gillis (bij-Brussel) | €2.9m | €1.3m | 34.5% | 22.9 |
| Thalie Sint-Gillis (bij-Brussel) | €5.4m | €2.0m | 33.7% | 30.8 |
| Engelrelst Bruges | €5.4m | €1.5m | 54.2% | 7.5 |
| HERENKLEDING WELLENS Herentals | €4.4m | €2.5m | 38.1% | 32.2 |
| SINT-MARTINUS Aalst | €1.7m | €0.9m | 22.6% | 17.5 |
These companies have the same main activity as AU FUSEAU: retail trade (NACE 47712). They are comparable in size and age: total assets between €1.7m and €5.4m, founded between 1967 and 1990.
Official details
Source: KBO- Status
- Active since 30-12-1971Normal situation
- Activity
- Retail tradeNACE 47712and 5 others
- Joint committees
- 109Clothing and garment industry
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.006.869.0284900 Spa, since 01-12-1971
- 2.006.869.1274900 Spa, since 20-07-2001and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Insights on AU FUSEAU
AU FUSEAU files the abbreviated format. That format states no turnover. The gross margin rose from €639,537 in 2006 to €1.5m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AU FUSEAU
- What is the company number of AU FUSEAU?
- The company number of AU FUSEAU is 0411.955.238. The VAT number is the same number with BE in front: BE 0411.955.238.
- Where is AU FUSEAU based?
- The registered office is at Place Verte 96, 4900 Spa.Company details
- What does AU FUSEAU do?
- According to the KBO register, the main activity is retail trade (NACE 47712).
- What is the legal form of AU FUSEAU?
- AU FUSEAU is a private limited company (BV).
- When was AU FUSEAU founded?
- AU FUSEAU was founded on 30-12-1971.
- Is AU FUSEAU still active?
- Yes, AU FUSEAU is an active enterprise in the KBO register.
- How many employees does AU FUSEAU have?
- AU FUSEAU had an average of 15.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does AU FUSEAU fall under?
- In its 2025 annual accounts, AU FUSEAU states joint committees 109 (Clothing and garment industry) and 201 (Independent retail).
- What is the turnover of AU FUSEAU?
- The turnover in financial year 2025 is ≈ €4.0m. This figure is estimated from the gross margin of €1.5m and 31 comparable companies (NACE 477). It probably lies between €3.0m and €5.7m.
- Is AU FUSEAU profitable?
- In financial year 2025, AU FUSEAU made a profit of €486,300.
- Where can I find the annual accounts of AU FUSEAU?
- AU FUSEAU filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AU FUSEAU due?
- AU FUSEAU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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