Equity
-€75,223
Debts exceed assets in financial year 2025.
Shopping Center Schaus
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €830,743 (2011)
€418,814▼ 13.3%
lowest -€365,325 (2025)
-€365,325▼ €238,493
peak €706,524 (2021)
-€75,223▼ €365,325
€1.9m▲ 2.8%
peak 18.8 FTE (2006)
14 FTEunchanged
Board3 names since 2022
3 directorsDoris Katharina Bernadette SCHAUS and 2 others
Owners
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €483,089 to €418,814Loss of €365,325Equity from €290,103 to -€75,223Cash from €238,906 to €155,554
Key points
from the 2025 annual accountsLosses
-€781,746 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€1.9m 104% of the balance sheet
Financial debts 28%Suppliers 46%Taxes and wages 4%Other 22%
Of this, €1.2m falls due within a year.
Staff
14 FTE from 18.8 in 2006
Between 2006 and 2025, 26% of the full-time equivalents disappeared.
Filings
49 annual accounts since 1977
Ten of the last ten came late. The 2019 accounts came latest: 47 days after the end of the period.
Position in the sector
-€365,325
Lower net result than 95% of companies in retail trade. Sector median €27,442 · 12,842 companies.
Net result -188%: other schema
Checked score
34
Weak
Financially stronger than 10% of small companies in retail trade (NACE 47)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 3,697 companies (NACE 47, small).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 0.9%● unchanged vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 1.2%▲ +0.4 percentage points vs 07-2025
09-2025: 1.4%▲ +0.2 percentage points vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.4%● unchanged vs 11-2025
01-2026: 1.3%▼ -0.1 percentage points vs 12-2025
02-2026: 1.4%▲ +0.1 percentage points vs 01-2026
03-2026: 1.3%▼ -0.1 percentage points vs 02-2026
04-2026: 1.4%▲ +0.1 percentage points vs 03-2026
05-2026: 1.4%● unchanged vs 04-2026
06-2026: 1.4%● unchanged vs 05-2026
07-2026: 1.3%▼ -0.1 percentage points vs 06-2026
08-2026: 2.1%▲ +0.8 percentage points vs 07-2026
09-2026: 5.2%▲ +3.1 percentage points vs 08-2026highest value
10-2026: 5.2%● unchanged vs 09-2026highest value
11-2026: 5.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€75,223
Loss of €365,325, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
Size: 14 FTE, total assets €1.8m
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, small). It does better than 9% of them on solvency, 25% on liquidity, 2% on profitability and 3% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 678 companies had the same profile as Shopping Center Schaus has now. Each dot stands for 2 companies, two years later.
84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Shopping Center Schaus itself: 5.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 678 companies, not a prediction for Shopping Center Schaus. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.69 (0.87 in 2024), below 1. Short-term debt is 65.5% and cash 8.5% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€75,223
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 days late
2024
27 days late
2023
27 days late
2022
31 days late
2021
31 days late
2020
30 days late
2019
47 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 32 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 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DOKARA SCHAUS 95%equity €4.2m (2025) · 2025 annual accounts of DOKARA SCHAUS
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0412486263
2 directors appointed
Change of role: Ralph Ewald SCHAUS, from manager to director · Appointments: Doris Katharina Bernadette SCHAUS (director) and Karin Jacqueline SCHAUS (director) · Gazette deed
First establishment
Carrefour Market, Rotenberg 12, Eupen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Shopping Center Schaus Saint-Vith | €1.8m | €418,814 | -4.1% | 14 |
| BRONE Oupeye | €2.1m | €419,639 | 13.1% | 11.1 |
| unifrais Engis | €1.3m | €703,636 | 22.0% | 14.9 |
| JA-DIE Lebbeke | €1.6m | €447,387 | 49.2% | 10.9 |
| DOPAL Houthulst | €1.6m | €721,120 | 23.6% | 12.2 |
| Unic Jago Oudsbergen | €1.5m | €676,269 | 41.4% | 13 |
| FOEK WING Antwerp | €2.7m | €511,753 | 7.5% | 13.2 |
These companies have the same main activity as Shopping Center Schaus: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €1.3m and €2.7m, founded between 1974 and 1985.
Official details
Source: KBO- Status
- Active since 25-05-1972Normal situation
- Registered office
- 18 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment unit
- 2.010.917.5894700 Eupen, since 01-07-1972
- Financial year end
- 31 December
- Peppol
- Reachable since 16-07-2026
Annual accounts 2025
- ≈ €4.0mestimated
- €1.8m▼ 14.7%
- Employeeson 31-12-2025
- 18▲ 5.9%
- Filing
- Filed on 31-08-2026
Insights on Shopping Center Schaus
Shopping Center Schaus files the abbreviated format. That format states no turnover. The gross margin fell from €531,463 in 2006 to €418,814 in 2025.
The balance sheet grew most from 2023 to 2024 through fixed assets.
DOKARA SCHAUS holds 95% of the shares.
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 Shopping Center Schaus
- What is the company number of Shopping Center Schaus?
- The company number of Shopping Center Schaus is 0412.486.263. The VAT number is the same number with BE in front: BE 0412.486.263.
- Where is Shopping Center Schaus based?
- The registered office is at Klosterstrasse 36, 4780 Saint-Vith.Company details
- What does Shopping Center Schaus do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of Shopping Center Schaus?
- Shopping Center Schaus is a private limited company (BV).
- When was Shopping Center Schaus founded?
- Shopping Center Schaus was founded on 25-05-1972.
- Is Shopping Center Schaus still active?
- Yes, Shopping Center Schaus is an active enterprise in the KBO register.
- How many employees does Shopping Center Schaus have?
- Shopping Center Schaus had an average of 14 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Shopping Center Schaus?
- The turnover in financial year 2025 is ≈ €4.0m. This figure is estimated from the gross margin of €418,814 and 42 comparable companies (NACE 47110). It probably lies between €3.3m and €5.4m.
- Is Shopping Center Schaus profitable?
- In financial year 2025, Shopping Center Schaus made a loss of €365,325.
- Where can I find the annual accounts of Shopping Center Schaus?
- Shopping Center Schaus filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Shopping Center Schaus due?
- Shopping Center Schaus must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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