KOHNEN SCHUHHAUS
ActiveKOHNEN SCHUHHAUS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €-9k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 22% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▼-5
Solvency38▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.56 in 2024; short-term debt: 55.8% and cash: 0.5% of total assets), but 87.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.7%
Return on assets
-1.5%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 10252 sector peers (2025).
NBB · sector comparisonPosition among 10252 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
14 d early
2023
7 d early
2022
6 d early
2021
5 d early
2020
3 d early
2019
33 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€75k▼ 10.3%
2024 · €84k
2019: €119k
2020: €91k
2021: €79k
2022: €81k
2023: €83k
2024: €84k
2019 → 2025
Total assets
€592k▲ 5.0%
2024 · €563k
2019: €717k
2020: €712k
2021: €649k
2022: €589k
2023: €571k
2024: €563k
2019 → 2025
Net result
€-9k
2024 · €894
2019: €-15k
2020: €-28k
2021: €-12k
2022: €3k
2023: €2k
2024: €894
2019 → 2025
Working capital
€169k▼ 6.6%
2024 · €181k
2019: €207k
2020: €286k
2021: €229k
2022: €170k
2023: €167k
2024: €181k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€81k▲ 2.6%€83k▲ 2.5%€84k▲ 1.1%€75k▼ 10.3%
Operating result€-18k-€11k€13k▲ 16.2%€13k▲ 0.5%€4k▼ 70.8%
Net result€-12k-€3k€2k▼ 27.4%€894▼ 56.3%€-9k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 71% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €592k
Fixed assets
€92k▲ 49.2%
Current assets
€499k▼ 0.4%
Equity and liabilities €592k
Equity
€75k▼ 10.3%
Debt
€516k▲ 7.7%
The debt ratio rises from 85.1% to 87.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €21k
Cash flow
€4k▼
2024 · €9k
Solvency
12.7%▼
2024 · 14.9%
Current ratio
1.51▼
2024 · 1.56
Quick ratio
0.02▼
2024 · 0.04
Debt / equity
6.85▲
2024 · 5.71
ROE
-11.5%▼
2024 · 1.1%
ROA
-1.5%▼
2024 · 0.2%
Interest coverage
0.99▼
2024 · 1.33
Debt
€516k▲
2024 · €479k
Debt ≤ 1 year
€330k▲
2024 · €320k
Debt > 1 year
€183k▲
2024 · €156k
Staff costs
€36k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€563k€592k▲
Fixed assets21/28€62k€92k▲
Tangible fixed assets22/27€62k€92k▲
Land and buildings22€41k€36k▼
Plant, machinery and equipment23€16k€14k▼
Furniture and vehicles24€6k€4k▼
Leasing and similar rights25-€38k
Current assets29/58€501k€499k▼
Stocks and contracts in progress3€489k€491k▲
Stocks30/36€489k€491k▲
Amounts receivable within one year40/41€7k€3k▼
Trade receivables40€7k€3k▼
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€563k€592k▲
Equity10/15€84k€75k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€16k€8k▼
Amounts payable17/49€479k€516k▲
Amounts payable after more than one year17€156k€183k▲
Financial debts170/4€156k€183k▲
Amounts payable within one year42/48€320k€330k▲
Current portion of amounts payable after more than one year42€96k€109k▲
Financial debts43-€6k
Credit institutions430/8-€6k
Trade debts44€23k€33k▲
Suppliers440/4€23k€33k▲
Taxes, remuneration and social security45€27k€23k▼
Taxes450/3€20k€18k▼
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€174k€159k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€53k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€849€3k▲
Gross operating margin9900€75k€56k▼
Operating profit (loss)9901€13k€4k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€16k€17k▲
Recurring financial charges65€16k€17k▲
Profit (loss) for the period before taxes9903€894€-9k▼
Profit (loss) for the period9904€894€-9k▼
Profit (loss) for the period to be appropriated9905€894€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€8k▼
Profit (loss) brought forward from the previous period14P€15k€16k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
2019
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sankt Vith · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hauptstrasse 674780 Sankt Vith1 establishment unit
Hauptstrasse 67, 4780 Sankt Vith
since 19882.039.332.849
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MT@WORK
BE 0632.888.574
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VEGRID
BE 0875.883.967
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EL QODS
BE 0474.718.196
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SCHOENEN JULIEN
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2G
BE 0888.022.132
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Of 1,035 companies in sector 47721 we hold annual accounts for 583. 452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-07-1988
Fiscal year end30-06
Activities, NACEBEL
47721Retail sale of footwear
15120Manufacture of leather and related products
19200
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filings
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.