SHOES & C°

Active

Private limited company (pre-2019)founded 2006active for 20 yearsAlbertlaan 132, 9400 Ninove, BelgiumKBO/BCE: BE 0884.442.832

Summary

SHOES & C° has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €220,573 and a net result of €23,528. Equity is growing by about 83% per year across the filed financial years. Its solvency ranks better than 45% of 9,797 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

SHOES & C°ActiveChecked score 86/100

Risk analysis Report Compare

Activity

Wholesale trade

NACE 46425Retail sale of footwear NACE 47721

3 sites

Size

≈ €970,000turnover 2025, estimated

Staff: 2.8 FTE
Equity: €220,573
Profit: €23,528

Turnover estimated from the gross margin

Financial health

86 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Andy PeelmanDirector
Kissling AnneDirector

2025 accounts filed 23 days late2 of 5 deeds summarised

Why 86raises risk3 establishment unitslowers riskFounded in 2006Figures for financial year 2025 (filed 23-02-2026)Equity €220,573 (38.2% of total assets)Show the evidence

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 46% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 63-3

equity 38.2% of total assets

Liquidity 34-5

short-term debt 47.1% · cash 5.8%

Profitability 49-16

return on assets 4.1%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.6%▲ +0.2 percentage points vs 12-2024 02-2025: 1.0%▲ +0.4 percentage points vs 01-2025highest value 03-2025: 0.3%▼ -0.7 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.2 percentage points vs 12-2025 02-2026: 0.8%▲ +0.3 percentage points vs 01-2026 03-2026: 0.3%▼ -0.5 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.2%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026

Credit of up to €18,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.76, compared with 2.1 in 2024, above the usual 1.5; short-term debt: 47.1% and cash: 5.8% of total assets), but 61.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 47% on solvency, 31% on liquidity, 38% on profitability and 67% on growth.

The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Founded in 2006

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2025 (filed 23-02-2026)

NBB · annual accounts

Equity €220,573 (38.2% of total assets)

NBB · annual accounts

3 establishment units

KBO · seat and establishments

2025 accounts filed 23 days late

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-02-2026, 23 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

23 days late

2024

11 days late

2023

5 days late

2022

6 days late

2021

24 days late

2020

24 days late

2019

20 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 11 February (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end30-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

23-02-2026 Annual accounts filedfinancial year 2025 · abbreviated…
15-01-2026 Appointment: Kissling Anne (director)Gazette deed
30-06-2025 Equity above €200,000equity €220,573 ▲11.9%

Key points

Positive: 7 profitable years in a rowprofit 2025: €23,528 7 years View
New directorlatest change 01-01-2026 · 2 in office 1 joined View
Total assets 20256 financial years filed €577,616 View

By topic

Financials

Financial year: 2025
Total assets: €577,616
Profit: €23,528
Solvency: 38.2%

Total assets▲ 18.8%

Net result

20192025

Go to Financials

Board & ownership

Board: 2 members

Andy PeelmanDirector
Kissling AnneDirector

Go to Board & ownership

Timeline

Events: 25
Since: 2008
Next accounts: by 31-01-2027

11-02-2025Annual accounts filed
30-06-2024Equity above €150,000
24-05-2024Resignation: Philip Muys (director)

Go to Timeline

Company details

Sites: 3

Legal form: Private limited company (pre-2019)
Activity: Wholesale tradeNACE 46425
Founded: 20-10-2006
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Key facts about SHOES & C°

What is the company number of SHOES & C°?: 0884.442.832. In Belgium the VAT number is the company number with BE in front: BE 0884.442.832.
Where is SHOES & C° based?: The registered office is at Albertlaan 132, 9400 Ninove.Company details
What does SHOES & C° do?: According to the KBO register, the main activity is wholesale trade (NACE 46425).
What is the legal form of SHOES & C°?: Private limited company (pre-2019) (BVBA).
When was SHOES & C° founded?: On 20-10-2006.
Is SHOES & C° still active?: Yes, SHOES & C° is an active enterprise in the KBO register.
How many employees does SHOES & C° have?: On average 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SHOES & C°?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is SHOES & C° profitable?: In financial year 2025, SHOES & C° made a profit of €23,528.
Where can I find the annual accounts of SHOES & C°?: SHOES & C° filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SHOES & C° due?: By 31-01-2027, for financial year 2026.Timeline