SOLHEID CHAUSSURES
ActiveSOLHEID CHAUSSURES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73k and a net result of €-1k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-1
Solvency58=
Growth53=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.48 in 2024; short-term debt: 66.6% and cash: 36.3% of total assets), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-1k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
31 d early
2023
105 d early
2022
28 d early
2021
24 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€354k▼ 22.9%
2019 · €460k
2018: €430k
2019: €460k
2018 → 2020
EBIT margin
-1.1%▼ 0.2pp
2019 · -0.9%
2018: -6.1%
2019: -0.9%
2018 → 2020
Net result
€-1k▲ 91.9%
2024 · €-16k
2018: €-26k
2019: €3k
2020: €553
2021: €46k
2022: €19k
2023: €18k
2024: €-16k
2018 → 2025
Working capital
€57k▼ 21.5%
2024 · €73k
2018: €25k
2019: €18k
2020: €15k
2021: €53k
2022: €72k
2023: €90k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€75k▲ 34.1%€93k▲ 24.3%€75k▼ 18.6%€73k▼ 2.7%
Operating result€42k-€18k▼ 56.6%€18k▼ 0.9%€-18k€-3k▲ 80.8%
Net result€46k-€19k▼ 58.8%€18k▼ 4.5%€-16k€-1k▲ 91.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €18k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220k
Fixed assets
€16k▲ 485%
Current assets
€204k▼ 9.6%
Equity and liabilities €220k
Equity
€73k▼ 2.7%
Debt
€147k▼ 3.9%
The debt ratio falls from 66.9% to 66.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k
Cash flow
€-1k
Solvency
33.4%▲
2024 · 33.1%
Current ratio
1.39▼
2024 · 1.48
Quick ratio
0.60▼
2024 · 0.72
Debt / equity
2.00▼
2024 · 2.02
ROE
-1.8%▲
2024 · -21.8%
ROA
-0.6%▲
2024 · -7.2%
Interest coverage
-0.79
Debt
€147k▼
2024 · €153k
Debt ≤ 1 year
€147k▼
2024 · €153k
Income taxes
€286▼
2024 · €2k
Staff costs
€26k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€228k€220k▼
Fixed assets21/28€3k€16k▲
Tangible fixed assets22/27-€14k
Other tangible fixed assets26-€14k
Financial fixed assets28€3k€3k=
Current assets29/58€225k€204k▼
Stocks and contracts in progress3€115k€116k▲
Stocks30/36€115k€116k▲
Amounts receivable within one year40/41€8k€5k▼
Trade receivables40€1k€123▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€100k€80k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€228k€220k▼
Equity10/15€75k€73k▼
Contributions10/11€20k€20k=
Reserves13€73k€73k=
Tax-exempt reserves132€17k€17k=
Distributable reserves133€56k€56k=
Profit (loss) carried forward14€-17k€-19k▼
Amounts payable17/49€153k€147k▼
Amounts payable within one year42/48€153k€147k▼
Trade debts44€6k€8k▲
Suppliers440/4€6k€8k▲
Taxes, remuneration and social security45€18k€12k▼
Taxes450/3€11k€9k▼
Remuneration and social security454/9€6k€4k▼
Other amounts payable47/48€129k€126k▼
Income statement
Code20242025
Remuneration, social security and pensions62€52k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€34
Other operating charges640/8€1k€878▼
Gross operating margin9900€35k€24k▼
Operating profit (loss)9901€-18k€-3k▲
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-14k€-1k▲
Income taxes67/77€2k€286▼
Profit (loss) for the period9904€-16k€-1k▲
Profit (loss) for the period to be appropriated9905€-16k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-19k▼
Profit (loss) brought forward from the previous period14P-€-17k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€718€718=
Return on contributions (dividend)694€718€718=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €46k ▲8226%
Operating result €42k, net result €46k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
01-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Malmedy · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Albert Ier 284960 MalmedyGround area
170 m²
Building footprint
72 m²
Volume, LiDAR
900 m³
Parcel 63049C0437/00D000, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Place Albert Ier 28, 4960 Malmedy
since 19972.080.096.605
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63049C0437/00D000 | Wallonia | 170 m² | 1 · 72 m² | 14.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
RONLIN
BE 0797.998.115
Antwerpen · Eq €73k
CHAUSSURES BOULET
BE 0894.090.471
Chimay · Eq €73k
VERPA
BE 0462.168.475
Lommel · Eq €73k
VEGRID
BE 0875.883.967
Geel · Eq €75k
MT@WORK
BE 0632.888.574
Sint-Pieters-Leeuw · Eq €75k
Of 1,035 companies in sector 47721 we hold annual accounts for 583. 451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-1996
Fiscal year end31-12
Activities, NACEBEL
47721Retail sale of footwear
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.