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SHANKE

Active
Private limited company (pre-2019)·Overige niet-gespecialiseerde detailhandel· 25 yrs active
Kragenhoek 48 ·8300 Knokke-Heist, Belgium
KBO/BCE: BE 0475.319.103
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age25 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SHANKE is 0.6% (low). The 2024 annual accounts show equity of €70k and a net result of €8k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 6697 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 6697 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
Long-established
Founded in 2001, 25 years in business.
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 administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€8k+1076.2%
Working capital€66k+22.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 16-06-2025 with the NBB · fiscal year 2024 · micro
€-20k€0€20k€40k€60kOperating result 2020: €9k€9kNet result 2020: €-4k€-4kOperating result 2021: €51k€51kNet result 2021: €35k€35kOperating result 2022: €15k€15kNet result 2022: €11k€11kOperating result 2023: €-1k€-1kNet result 2023: €644€644Operating result 2024: €8k€8kNet result 2024: €8k€8k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~23.6%/year over 7 fiscal years, indicative, assuming unchanged policy.
€-50k€0€50k€100k2025: €84k (€78k - €90k)2026: €96k (€87k - €105k)2027: €108k (€96k - €120k)2018: €-3312019: €10k2020: €16k2021: €51k2022: €62k2023: €63k2024: €70k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 91.9% 20.4%
better than 95% of 6697 sector peers
Net result €8k €4k
better than 58% of 6677 sector peers
Equity €70k €16k
better than 79% of 6711 sector peers
Gross operating margin €12k €24k
better than 38% of 6656 sector peers
Total assets €77k €94k
better than 44% of 6701 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P95
2020: P83 · n=13652021: P81 · n=25422022: P87 · n=42902023: P95 · n=57142024: P95 · n=66972020 2024
Improving position over 2020-2024 · n=1365-6697
Net result P58
2020: P57 · n=13612021: P86 · n=25352022: P68 · n=42772023: P41 · n=56942024: P58 · n=66772020 2024
Weakening position over 2020-2024 · n=1361-6677
Equity P79
2020: P45 · n=13672021: P74 · n=25452022: P80 · n=42982023: P79 · n=57212024: P79 · n=67112020 2024
Improving position over 2020-2024 · n=1367-6711
Gross operating margin P38
2020: P34 · n=13562021: P71 · n=25222022: P48 · n=42672023: P25 · n=56682024: P38 · n=66562020 2024
Weakening position over 2020-2024 · n=1356-6656
Describes the position versus peers, not a forecast.
EBITDA
€11k
+940.9% -54% vs sector
Net profit
€8k
+1076.2% far above sector median
Cash flow
€11k
+238.2% -32% vs sector
Total assets
€77k
+18.7% -94% vs sector
Equity
€70k
+12.1% -90% vs sector
Working capital
€66k
+22.5% -42% vs sector
Income taxes
€4k
+1351.8% -29% vs sector
Debt
€6k
+263.4% -99% vs sector
Debt ≤ 1y
€5k
+175.1% -98% vs sector
Current ratio
15.04
-53.8% far above sector median
Quick ratio
15.04
-53.8% far above sector median
Solvency
91.9%
-5.6% +196% vs sector
Debt / equity
0.09
+224.3% -93% vs sector
ROE
10.8%
+949.6% far above sector median
ROA
9.9%
+891.1% far above sector median
Interest coverage
164.24
+926.2% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€11k
Net profit€8k
Cash flow€11k
Staff costs-
Income taxes€4k
Dividends-
Total assets€77k
Equity€70k
Debt€6k
of which ≤ 1y€5k
of which > 1y-
Working capital€66k
Employees (FTE)-
Ratios (computed)
2024
Current ratio15.04
Quick ratio15.04
Working capital ratio85.6%
Solvency91.9%
Debt / equity0.09
Long-term debt ratio-
Interest coverage164.24
Gross margin-
Net margin-
ROA9.9%
ROE10.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€77k
Fixed assets 21/28€6k
Tangible fixed assets 22/27€4k
Financial fixed assets 28€3k
Current assets 29/58€70k
Amounts receivable within one year 40/41€59k
Cash & bank 54/58€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€77k
Equity 10/15€70k
Contributions / capital 10/11€19k
Reserves 13€52k
Accumulated profits (losses) 14€0
Amounts payable 17/49€6k
Amounts payable within one year 42/48€5k
Trade debts payable within one year 44€281
Income statement
Gross operating margin 9900€12k
Operating result 9901€8k
Financial income 75€3k
Financial charges 65€67
Result before taxes 9903€11k
Income taxes 67/77€4k
Net result for the period 9904€8k
Result to be appropriated 9905€8k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
100 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
Shanke
Kragenhoek 48, 8300 Knokke-HeistDetailhandel in boeken, kranten, tijdschriften en kantoorbehoeften
since 20012.101.393.845
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area779 m²
Buildings1
Building footprint128 m²
Volume (LiDAR)643 m³
Tallest building7.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31039A0139/00P000 Flanders 779 m² 1 · 128 m² 7.8 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels 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

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health100Profitability54Solvency100Growth78Stability100
86 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 54
Solvency 100
Growth 78
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige niet-gespecialiseerde detailhandel47120Detailhandel via postorderbedrijven of via internet47910Overige drukkerijen18120Overige activiteiten op het gebied van drukwerk18120Holdings64200Activiteiten van holdings64210Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL SHANKE
Registered office
Kragenhoek 48
8300 Knokke-Heist, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.