Equity
-€1.3m
Debts exceed assets in financial year 2025.
Shopping Lessines
Part of the group
60 companies in 6 countries
Lifetime
6 annual accounts with figures on one time axispeak €500,156 (2025)
€500,156▲ 52.4%
lowest -€837,004 (2024)
-€302,086▲ €534,919
peak €12,302 (2020)
-€1.3m▼ €302,086
€10.6m▼ 1.4%
Board13 names since 2020all names
8 directors and 7 others
Owners
Documentsfilings and deeds
30-07-20261 day before the deadline
2025financial year
Turnover from €328,159 to €500,156Loss of €302,086New daily management delegate 01-04Equity from -€965,735 to -€1.3mCash from €197,328 to €2,118
Key points
from the 2025 annual accountsLosses
-€1.3m in six years
Every financial year from 2020 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€10.6m 114% of the balance sheet
Financial debts 58%Suppliers 3%Other 39%
Of this, €6.4m falls due within a year.
Payment terms
337 days to suppliers
Shopping Lessines pays its suppliers 213 days later than in 2024. Customers pay 63 days earlier.
Liquidity
0.02 was 5.02 in 2024
Short-term debts rose from €64,533 to €6.4m.
Board
2 joined · 5 left
Board changed. Latest change 18-02-2026 · 2 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 111 companies had the same profile as Shopping Lessines has now. Each dot is one company, two years later.
96.4%
were still trading
2.7%
stopped another way
0.0%
went bankrupt
Another 0.9% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 111 companies, not a prediction for Shopping Lessines. 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
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Signals
Board and ownership
Managing director
Director, since 18-02-2026
Auditor,
- 100%score equity €18.0m (2025) · 2025 annual accounts of
Recent changes
Company renamed from Lessines Equilis to Shopping Lessines
Resignations: ; ; (managing director); ; and · Permanent representatives: ; ; ; and · Appointments: (director) and (director) · General meeting of 18-02-2026 · Gazette deed
Registered office moved from Waterloo to Baarle-Hertog
New registered office: Parallelweg 3, 2387 Baarle-Hertog · Previous registered office: Drève Richelle 161 boîte D 19, 1410 Waterloo · General meeting of 18-02-2026 · Gazette deed
New daily management delegate
appointed, resigned · Permanent representative: · Director discharge: · Board meeting of 25-02-2025 · Gazette deed
Reappointment: (statutory auditor)
General meeting of 30-06-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Shopping Lessines Baarle-Hertog | €0.5m | 27.3% | -13.6% | - |
| Euroglas Immo Bornem | €0.6m | 41.3% | 2.4% | 0 |
| HARDY INVEST Bilzen-Hoeselt | €0.5m | 17.6% | 49.5% | - |
| ARDANCY Brussels | €0.8m | 25.4% | -7.3% | - |
| Pataga Real Estate Peer | €0.6m | -68.9% | 60.5% | - |
| PASAMO Ranst | €1.1m | 58.3% | 94.4% | - |
| ODONTOLIA IMMO Gembloux | €0.6m | 5.6% | 14.3% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Shopping Lessines: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €5.7m and €13m, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 03-02-2020Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Establishment unit
- 2.305.119.2821410 Waterloo, since 03-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €9.3m▼ 4.7%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Shopping Lessines
The 2025 annual accounts show negative equity (-€1.3m) and a net result of -€302,086. Equity fluctuates too strongly from year to year to read a trend from it.
Its solvency ranks better than 7% of 2,108 sector peers (NACE 68, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
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 Lessines
- What is the company number of Shopping Lessines?
- The company number of Shopping Lessines is 0742.822.634. The VAT number is the same number with BE in front: BE 0742.822.634.
- Where is Shopping Lessines based?
- The registered office is at Parallelweg 3, 2387 Baarle-Hertog.Company details
- What does Shopping Lessines do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Shopping Lessines?
- Shopping Lessines is a public limited company (NV).
- When was Shopping Lessines founded?
- Shopping Lessines was founded on 03-02-2020.
- Is Shopping Lessines still active?
- Yes, Shopping Lessines is an active enterprise in the KBO register.
- What is the turnover of Shopping Lessines?
- The turnover of Shopping Lessines was €500,156 in financial year 2025, according to the filed annual accounts.Financials
- Is Shopping Lessines profitable?
- In financial year 2025, Shopping Lessines made a loss of €302,086.
- Where can I find the annual accounts of Shopping Lessines?
- Shopping Lessines filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Shopping Lessines due?
- Shopping Lessines must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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