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Schoenfabriek Siesta

Active
Private limited companyfounded 1969active for 57 yearsRijksweg(BOR) 56, 2880 Bornem, BelgiumKBO/BCE: BE 0406.435.245

From the official registers: KBO 49 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Schoenfabriek Siesta is 1.7% (moderate). The 2025 annual accounts show equity of €143,359 and a net result of -€129,020. Equity has been growing by about 26% per year since 2018. Its solvency ranks better than 19% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 1969 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 01-01-1969 Normal situation
Activity
Retail sale of footwear NACE 47721and 7 others
Establishment units
2.002.407.919 2880 Bornem, since 01-01-1969
2.309.358.083 3190 Boortmeerbeek, since 14-10-2020
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • DemobelDirector · since 27-09-2023 · permanent representative MOLDERS Veronique Maria Jozef
  • Zand InvestDirector · since 27-09-2023 · permanent representative MOLDERS Geoffrey Jozef Anna Erna

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€408,411
▼ 24.4%
Turnover
≈ €1.5m
estimated
Loss
€129,020
Equity
€143,359
▼ 47.4%
Total assets
€1.9m
▼ 6.0%
Staff
9.1 FTE
▼ 1.1%
Filed on 21-08-2026, 21 days after the deadlineat the National Bank
Score breakdownraises riskEquity €143,359 (7.5% of total assets)Loss of €129,020 (financial year 2025)Sector: Retail trade (NACE 47)Size: 9.1 FTE, total assets €1.9mShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 19% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 32-6
equity 7.5% of total assets
Liquidity 26=
short-term debt 80.0% · cash 16.2%
Profitability 10-42
return on assets -6.7%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025lowest value 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.3%▲ +0.1 percentage points vs 01-2026 03-2026: 1.2%▼ -0.1 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.2%● unchanged vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.4%▲ +1.1 percentage points vs 07-2026highest value 09-2026: 1.7%▼ -0.7 percentage points vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (1.29 in 2024), below the usual 1.5. Short-term debt is 80% and cash 16.2% of total assets. 92.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 25% of them on solvency, 24% on liquidity, 17% on profitability and 11% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · Equity €143,359 (7.5% of total assets)
NBB · annual accounts
raises risk · Loss of €129,020 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Size: 9.1 FTE, total assets €1.9m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 12757 sector peers (2025).
NBB · sector comparison
Position among 12757 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
44 days early
2023
29 days late
2022
31 days late
2021
26 days late
2020
87 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €27,037 in 2024 -€129,020 View
  • Caution: Lower net result than 95% of companies in retail tradesector median €27,641 · 12,747 companies -€129,020 View

Comparable companies

These companies have the same main activity as Schoenfabriek Siesta: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €1.3m and €3.2m, founded between 1976 and 1988.

CompanyTotal assetsGross margin
Schoenfabriek Siesta Bornem€1.9m€0.4m
THE BUFFALO SHOE Aalst€2.4m€0.4m
JACKY MERTENS Leuven€1.7m€0.6m
BOUTIQUE FRATELLI ROSSETTI Brussel€3.2m€0.6m
Sidon Devos Poperinge€1.4m€0.5m
C.B. Ardooie€1.3m€0.4m
MAISON BRULS Malmedy€2.6m€0.3m
Full comparison

Documents

Annual accounts at the NBB

All 49 annual accounts

Articles and registers

Key facts about Schoenfabriek Siesta

What is the company number of Schoenfabriek Siesta?
The company number of Schoenfabriek Siesta is 0406.435.245. The VAT number is the same number with BE in front: BE 0406.435.245.
Where is Schoenfabriek Siesta based?
The registered office is at Rijksweg(BOR) 56, 2880 Bornem.Company details
What does Schoenfabriek Siesta do?
According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
What is the legal form of Schoenfabriek Siesta?
The legal form of Schoenfabriek Siesta is Private limited company (BV).
When was Schoenfabriek Siesta founded?
Schoenfabriek Siesta was founded on 01-01-1969.
Is Schoenfabriek Siesta still active?
Yes, Schoenfabriek Siesta is an active enterprise in the KBO register.
How many employees does Schoenfabriek Siesta have?
Schoenfabriek Siesta had an average of 9.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Schoenfabriek Siesta?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €408,411 and 47 comparable companies (NACE 477). It probably lies between €1.2m and €2.4m.
Is Schoenfabriek Siesta profitable?
In financial year 2025, Schoenfabriek Siesta made a loss of €129,020.
Where can I find the annual accounts of Schoenfabriek Siesta?
Schoenfabriek Siesta filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of Schoenfabriek Siesta due?
Schoenfabriek Siesta must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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