ACTIVE

BELSHOE

Financial year 2025 · Closed on 31/12/2025

Net result53,4 k €+112,9 %over 1 year

Gross margin211,3 k €+6,9 %over 1 year

Equity414,2 k €+0,9 %over 1 year

Identity

Source · BCE/KBO

BELSHOE is a Private limited company incorporated in 1999. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Wellin.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.256.333
Incorporation: 25/06/1999
Legal form: Private limited company
Registered office: Rue de Grupont,Chanly 94A
6921 Wellin · WallonieSee on map
Contributed capital: 22 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

46425Wholesale of clothing and footwear· main 46425Wholesale of clothing and footwear 51422Air transport

Joint committees (1)

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	211,3 k €	+6.9%	197,7 k €	-5.5%	209,1 k €	+13.1%	184,9 k €	+27.9%	144,5 k €
EBITDA	90 k €	+8.5%	82,9 k €	-16.0%	98,8 k €	+16.9%	84,5 k €	+61.9%	52,2 k €
Operating result	78,2 k €	+9.1%	71,7 k €	-14.8%	84,2 k €	+14.1%	73,8 k €	+64.5%	44,9 k €
Net result	53,4 k €	+113%	25,1 k €	-60.9%	64,3 k €	-0.5%	64,6 k €	+72.2%	37,5 k €
Balance sheet
Equity	414,2 k €	+0.9%	410,6 k €	-3.6%	426,1 k €	+8.5%	392,6 k €	+5.5%	372,1 k €
Total assets	1 M €	+0.7%	1 M €	-1.3%	1 M €	+4.4%	984,6 k €	+10.8%	888,3 k €
Cash	431,4 k €	-5.0%	454,1 k €	-0.5%	456,3 k €	-17.5%	553 k €	+9.0%	507,2 k €
Debts	607,4 k €	+0.6%	604 k €	+0.4%	601,8 k €	+1.7%	592 k €	+14.7%	516,2 k €
Other
Workforce	–		–		2,0 ETP	-100.0%	98 546,0 ETP	+4927200%	2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period
Claude SEPTON	DirectorManager2019 accountsended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/08/2026	28/08/2025	29/08/2024	28/07/2023	28/07/2022	22/07/2021
General meeting	04/08/2026	23/07/2025	25/03/2024	16/05/2023	17/05/2022	18/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	04/08/2026	10/08/2026	French	PDF
Abridged model	31/12/2024	23/07/2025	28/08/2025	French	PDF
Abridged model	31/12/2023	25/03/2024	29/08/2024	French	PDF
Abridged model	31/12/2022	16/05/2023	28/07/2023	French	PDF
Abridged model	31/12/2021	17/05/2022	28/07/2022	French	PDF
Abridged model	31/12/2020	18/05/2021	22/07/2021	French	PDF
Abridged model	31/12/2019	19/05/2020	27/07/2020	French	PDF
Abridged model	31/12/2018	21/05/2019	01/07/2019	French	PDF
Abridged model	31/12/2017	22/05/2018	30/07/2018	French	PDF
Abridged model	31/12/2016	23/05/2017	24/07/2017	French	PDF
Abridged model	31/12/2015	24/05/2016	27/08/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	21/08/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	30/07/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	26/07/2013	French	PDF
Abridged model	31/12/2011	22/05/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	24/05/2011	29/07/2011	French	PDF
Abridged model	31/12/2009	25/05/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	26/05/2009	31/07/2009	French	PDF
Abridged model	31/12/2007	06/05/2008	23/05/2008	French	PDF
Abridged model	31/12/2006	02/05/2007	19/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period
Claude SEPTON	DirectorManager2019 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/10/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares05/02/2018
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares16/01/2014
CAPITAL, ACTIONS
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Claude SEPTON

1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

BELSHOE

Rue de Grupont,Chanly 94A, 6921 Chanly

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue de Grupont,Chanly 94A, 6921 ChanlyCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00390967

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BELSHOECurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00390967

Events

2025
Annual accounts 202553,4 k €↑
2024
Annual accounts 202425,1 k €↓
2023
Annual accounts 202364,3 k €↓
2022
Annual accounts 202264,6 k €↑
2021
Annual accounts 202137,5 k €↓
2020
Annual accounts 202051,1 k €↑
2019
Annual accounts 201949,9 k €↑
2018
Annual accounts 201840,6 k €↑
2017
Annual accounts 201738,3 k €↓
2016
Annual accounts 201644,1 k €↓
2015
Annual accounts 201546,5 k €↑
2014
Annual accounts 201413 k €↓
2013
Annual accounts 201322,6 k €↑
2012
Annual accounts 201213,5 k €↓
2011
Annual accounts 201127,7 k €↓
2010
Annual accounts 201061,1 k €↓
2009
Annual accounts 200995,8 k €↑
2008
Annual accounts 200894,8 k €↑
2007
Annual accounts 200753,1 k €↑
2006
Annual accounts 200619 k €
25/06/1999
IncorporationPrivate limited company

BELSHOE

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events