Age7 yrs
Real estate1 parcel · 917 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Shab & Shir is 4.3% (elevated). The 2025 annual accounts show equity of €19k and a net result of €10k. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone4.3%
Elevated
0%0,5%1,5%4%10%≥25%
No NACE activity registered
+Young company
+Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
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.
How we compute the deadline
The year end is derived from 7 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 19-08-2026 | 19 d late | 2026-00406262 |
| 31-12-2024 | 31-07-2025 | 28-08-2025 | 28 d late | 2025-00416949 |
| 31-12-2023 | 31-07-2024 | 20-08-2024 | 20 d late | 2024-00352045 |
| 31-12-2022 | 31-07-2023 | 22-06-2023 | 39 d early | 2023-00150327 |
| 31-12-2021 | 31-07-2022 | 28-08-2022 | 28 d late | 2022-20329450 |
| 31-12-2020 | 31-07-2021 | 26-08-2021 | 26 d late | 2021-53400019 |
| 31-12-2019 | 31-07-2020 | 02-10-2020 | 63 d late | 2020-58300130 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2019, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€10k
Working capital€-124k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 19-08-2026 with the NBB · fiscal year 2025 · micro
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €29k |
| Net profit | €10k |
| Cash flow | €24k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €368k |
| Equity | €19k |
| Debt | €349k |
| of which ≤ 1y | €139k |
| of which > 1y | €209k |
| Working capital | €-124k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.11 |
| Quick ratio | 0.11 |
| Working capital ratio | -33.6% |
| Solvency | 5.2% |
| Debt / equity | 18.08 |
| Long-term debt ratio | 10.85 |
| Interest coverage | 9.61 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.6% |
| ROE | 49.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €368k |
| Fixed assets | 21/28 | €352k |
| Tangible fixed assets | 22/27 | €352k |
| Current assets | 29/58 | €16k |
| Amounts receivable within one year | 40/41 | €10k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €368k |
| Equity | 10/15 | €19k |
| Contributions / capital | 10/11 | €6k |
| Accumulated profits (losses) | 14 | €13k |
| Amounts payable | 17/49 | €349k |
| Amounts payable after one year | 17 | €209k |
| Amounts payable within one year | 42/48 | €139k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €34k |
| Operating result | 9901 | €15k |
| Financial income | 75 | €375 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €12k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €10k |
| Result to be appropriated | 9905 | €10k |
Ratios computed by Checked.
Health barometer
FY 2025 · computed43
/ 100
Weak
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
3 directors2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
Current01-07-2025 → present
Former directors (2)
-
Former- → 01-07-2025
-
Former- → 01-07-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 14-03-2019 |
| Status | Active |
| Postal code | 1090 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationShab & Shir
since 20202.303.982.107
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area917 m²
Buildings1
Building footprint860 m²
Volume (LiDAR)18,661 m³
Tallest building28.2 m · ±7 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464F0013/00K000 | Brussels | 917 m² | 1 · 860 m² | 28.2 m · 7 fl. |
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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgian State Gazette · acts
1 of 3 acts readOf the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
What every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
2026
23-03-2026
Resignations & appointments
- General meeting
- Director resignation, Fahimeh Bashirtash (administrateur)
- Director resignation, Bashirtash Saeed (administrateur)
- Director appointment, Bashirtash Shabnam (administrateur)
Analysis
Financial profile
4 of 5 axes measured58
/ 100
Mixed profile: strong on profitability, weaker on solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
43
Profitability
100
Solvency
3
Growth
-
Stability
85
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameFR | Shab & Shir |
Registered office
Charles Woestelaan 294
1090 Jette, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.