SHAMS
ActiveThe computed 12-month bankruptcy probability of SHAMS is 3.5% (moderate). The 2025 annual accounts show equity of €71k and a net result of €-12k. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 18942 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-61
Solvency100▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 6.94 against 3.29 in 2024; short-term debt: 14.2% and cash: 63.8% of total assets), and 14.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
NBB · annual accounts 2024Net result per financial year
19202122232425
2019 to 2025 · latest year €-12k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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.
NBB · 7 filingsDeviation from the deadline
2025
48 d late
2024
70 d late
2023
57 d late
2022
91 d late
2021
61 d late
2020
90 d late
2019
115 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
Equity
€71k▼ 14.9%
2024 · €83k
2019: €10k
2020: €33k
2021: €36k
2022: €52k
2023: €73k
2024: €83k
2019 → 2025
Total assets
€83k▼ 30.6%
2024 · €119k
2019: €18k
2020: €50k
2021: €44k
2022: €67k
2023: €99k
2024: €119k
2019 → 2025
Net result
€-12k
2024 · €10k
2019: €4k
2020: €23k
2021: €3k
2022: €16k
2023: €21k
2024: €10k
2019 → 2025
Working capital
€70k▼ 14.5%
2024 · €82k
2019: €9k
2020: €33k
2021: €36k
2022: €48k
2023: €71k
2024: €82k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€52k▲ 45.1%€73k▲ 40.9%€83k▲ 14.2%€71k▼ 14.9%
Operating result€3k-€21k▲ 592%€30k▲ 38.6%€15k▼ 49.6%€384▼ 97.4%
Net result€3k-€16k▲ 455%€21k▲ 31.5%€10k▼ 51.1%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 97% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets
€1k▼ 35.4%
Current assets
€82k▼ 30.5%
Equity and liabilities €83k
Equity
€71k▼ 14.9%
Debt
€12k▼ 67.1%
The debt ratio falls from 30.0% to 14.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€944▼
2024 · €17k
Cash flow
€-12k▼
2024 · €13k
Solvency
85.8%▲
2024 · 70.0%
Current ratio
6.94▲
2024 · 3.29
Quick ratio
6.72▲
2024 · 3.22
Debt / equity
0.17▼
2024 · 0.43
ROE
-17.5%▼
2024 · 12.4%
ROA
-15.0%▼
2024 · 8.7%
Interest coverage
2.26▼
2024 · 39.94
Debt
€12k▼
2024 · €36k
Debt ≤ 1 year
€12k▼
2024 · €36k
Income taxes
€12k▲
2024 · €4k
Staff costs
€7k▼
2024 · €9k
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€119k€83k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€249-
Current assets29/58€117k€82k▼
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€38k€26k▼
Trade receivables40€9k€13k▲
Other amounts receivable41€29k€13k▼
Cash at bank and in hand54/58€77k€53k▼
Deferred charges and accrued income490/1-€93
Equity and liabilities
Total equity and liabilities10/49€119k€83k▼
Equity10/15€83k€71k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€77k€65k▼
Amounts payable17/49€36k€12k▼
Amounts payable within one year42/48€36k€12k▼
Trade debts44€14k-
Suppliers440/4€14k-
Taxes, remuneration and social security45€22k€12k▼
Taxes450/3€14k€11k▼
Remuneration and social security454/9€8k€910▼
Income statement
Code20242025
Remuneration, social security and pensions62€9k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€559▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€28k€10k▼
Operating profit (loss)9901€15k€384▼
Financial charges65/66B€429€417▼
Recurring financial charges65€429€417▼
Profit (loss) for the period before taxes9903€14k€-33▼
Income taxes67/77€4k€12k▲
Profit (loss) for the period9904€10k€-12k▼
Profit (loss) for the period to be appropriated9905€10k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€65k▼
Profit (loss) brought forward from the previous period14P€67k€77k▲
The notes to these accounts (4 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
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 48 days late
2025
31-12
Financial
Weakest financial yearnet €-12k ▼220%
Net result drops to €-12k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 6.94
Current ratio from 3.29 to 6.94; short-term debt falls from €36k to €12k.
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Highest result since 2019net €23k ▲523%
Net result €23k, the highest in the series.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 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, Dendermonde · 1 establishment unit since 2018
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.
Grootzand (GRE) 1589200 DendermondeGround area
105 m²
Building footprint
105 m²
Volume, LiDAR
608 m³
Parcel 42007A1203/00Y000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PITA BODRUM
since 20182.281.944.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42007A1203/00Y000 | Flanders | 105 m² | 1 · 105 m² | 6.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.281.944.695
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MASARYS
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Of 21,904 companies in sector 56112 we hold annual accounts for 9,781. 8,009 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-11-2018
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.