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SHOES INNOVATION

Active
Public limited companyfounded 2000active for 26 yearsMelkerijstraat 142B, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0470.736.644
Summary

SHOES INNOVATION has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €599,965 and a net result of €51,241. Equity has been growing by about 3.6% per year since 2018. Its solvency ranks better than 91% of 9,850 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-02-2000 Normal situation
Registered office
22 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Agents in the wholesale of textiles, clothing, fur, footwear and leather goods NACE 46160and 1 other
Establishment unit
2.367.580.453 1080 Sint-Jans-Molenbeek, since 11-12-2024
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€81,122
▲ 13×
Turnover
≈ €410,000
estimated
Profit
€51,241
Equity
€599,965
▲ 9.3%
Total assets
€676,374
▲ 22.0%
  • 2025 accounts filed 30 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 30 days late; 1 of the last 3 accounts latelowers riskFigures for financial year 2025 (filed on 03-09-2026)Founded in 2000Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 88.7% of total assets
Liquidity 55+5
short-term debt 11.3% · cash 4.7%
Profitability 78+41
return on assets 7.6%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 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 12-2024: 1.0% 01-2025: 0.6%▼ -0.4 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.6%▼ -0.5 percentage points vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.5%▼ -0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.5 percentage points vs 07-2026 09-2026: 0.1%▼ -0.9 percentage points vs 08-2026lowest value 10-2026: 0.4%▲ +0.3 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.41 (43.99 in 2024), above the usual 1.5. Short-term debt is 11.3% and cash 4.7% of total assets. 11.3% 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 46, micro). It does better than 90% of them on solvency, 61% on liquidity, 69% on profitability and 63% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Five signals.
lowers riskraises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 30 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Figures for financial year 2025 (filed on 03-09-2026)
NBB · annual accounts
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 days late
2024
31 days late
2023
29 days late
2022
27 days late
2021
31 days late
2019
92 days late
2018
31 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 39 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 30 August (5 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
04-11-2026 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

  • Positive: Back in profit in 2025after a loss of €646 in 2024 €51,241 View
  • Positive: Higher solvency than 90% of companies in wholesale tradesector median 42.9% · 9,850 companies 88.7% View
  • Caution: Board changedlatest change 15-01-2026 · 1 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Appointment: Stéphane Mertens (director)Resignation: Noa Mèrtens (director)
  2. · Gazette deed Company renamed from PEOPLE IMMOBILIERE to SHOES INNOVATIONRegistered office moved within Bruxelles · New seat: 1080 Bruxelles, Rue de la Laiterie 142B boîte 20 · Previous seat: 1020 Bruxelles, Square de l’Atomium 1
  3. · Gazette deed Registered office moved from Uccle to BruxellesNew seat: SQUARE DE L'ATOMIUM 1 BP 385 1020 Bruxelles Belgique · Previous seat: Avenue de l'Echevinage 1, 1180 UCCLE · Reappointment: Mertens Stéphane (director)
All 19 events

Comparable companies

These companies have the same main activity as SHOES INNOVATION: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €521,000 and €824,000, founded between 1998 and 2001.

CompanyTotal assetsGross margin
SHOES INNOVATION Sint-Jans-Molenbeek€676,374€81,122
BERNARD & LOUISE Antwerpen€733,353€97,069
C.S. Gent€583,633€80,624
VAN HERREWEGHE Roosdaal€823,556€80,707
ELLE & LUI FASHION Knokke-Heist€539,496€85,563
ARES INVEST Wortegem-Petegem€811,000€60,294
LINEATRADE Schilde€521,403€103,821
Full comparison

Key facts about SHOES INNOVATION

What is the company number of SHOES INNOVATION?
The company number of SHOES INNOVATION is 0470.736.644. The VAT number is the same number with BE in front: BE 0470.736.644.
Where is SHOES INNOVATION based?
The registered office is at Melkerijstraat 142B, 1080 Sint-Jans-Molenbeek.Company details
What does SHOES INNOVATION do?
According to the KBO register, the main activity is agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160).
What is the legal form of SHOES INNOVATION?
The legal form of SHOES INNOVATION is Public limited company (NV).
When was SHOES INNOVATION founded?
SHOES INNOVATION was founded on 10-02-2000.
Is SHOES INNOVATION still active?
Yes, SHOES INNOVATION is an active enterprise in the KBO register.
What is the turnover of SHOES INNOVATION?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €81,122 and 40 comparable companies (NACE 461). It probably lies between €180,000 and €1.0m.Financials
Is SHOES INNOVATION profitable?
In financial year 2025, SHOES INNOVATION made a profit of €51,241.
Where can I find the annual accounts of SHOES INNOVATION?
SHOES INNOVATION filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SHOES INNOVATION due?
SHOES INNOVATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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