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A-B Shine

Active Private limited companyfounded 2023active for 3 yearsWerkenstraat 13, 8600 DiksmuideKBO/BCE: BE 0802.395.876

Lifetime

2 annual accounts with figures on one time axis
peak €29,788 (2025)
€29,788▲ 3.0%
peak €11,622 (2025)
€11,622▲ 65.5%
peak €19,643 (2025)
€19,643▲ 145%
€30,851▼ 36.4%
Board1 name since 2023
1 directorBAEYENS Andy
Documentsfilings and deeds
29-09-202660 days late
2025micro format
Result from €7,021 to €11,622Purpose change 15-12Equity from €8,021 to €19,643Debts from €48,525 to €30,851Cash from €5,967 to €821

Key points

from the 2025 annual accounts

Turnover

≈ €140,000 estimated

The micro format states no turnover.

2025 accounts filed 60 days after the deadline

Checked score

39
Weak
Financially stronger than 60% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 7,710 companies (NACE 81, micro).

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.8%lowest value 01-2025: 3.1%▲ +0.3 percentage points vs 12-2024 02-2025: 3.2%▲ +0.1 percentage points vs 01-2025 03-2025: 3.1%▼ -0.1 percentage points vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.3%▲ +0.2 percentage points vs 04-2025 06-2025: 3.4%▲ +0.1 percentage points vs 05-2025 07-2025: 3.4%● unchanged vs 06-2025 08-2025: 3.4%● unchanged vs 07-2025 09-2025: 3.4%● unchanged vs 08-2025 10-2025: 3.5%▲ +0.1 percentage points vs 09-2025 11-2025: 3.5%● unchanged vs 10-2025 12-2025: 3.5%● unchanged vs 11-2025 01-2026: 3.4%▼ -0.1 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.4%● unchanged vs 04-2026 06-2026: 3.4%● unchanged vs 05-2026 07-2026: 3.4%● unchanged vs 06-2026 08-2026: 4.0%▲ +0.6 percentage points vs 07-2026 09-2026: 6.6%▲ +2.6 percentage points vs 08-2026highest value 10-2026: 5.5%▼ -1.1 percentage points vs 09-2026 11-2026: 5.5%● unchanged vs 10-2026

Financial strength
Strong

64+25equity 38.9% of total assets
25-2short-term debt 52.6% · cash 1.6%
98+14return on assets 23.0%

Score breakdown

raises risk
Last filed accounts filed 60 days late; 2 of the last 3 accounts late
Founded in 2023
1 change of registered office in 24 months
lowers risk
Figures for financial year 2025 (filed on 01-10-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 47% of them on solvency, 17% on liquidity, 82% on profitability and 93% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as A-B Shine has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of A-B Shine itself is higher: 5.5% within 12 months. It rests on far more data about A-B Shine than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for A-B Shine. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity is insufficient, with a current ratio of 0.87 (0.78 in 2024), below 1. Short-term debt is 52.6% and cash 1.6% of total assets. 61.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 60 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 01-10-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
60 days late
2024
32 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 46 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

BA
Director
  • BAEYENS Andy 50 sharesdeed of 07-06-2023
  • BICOY Mary Grace Gomez 50 sharesdeed of 07-06-2023
Board & ownership

Recent changes

Registered office moved from Nieuwpoort to Diksmuide New registered office: Werkenstraat 13, 8600 Diksmuide · Previous registered office: Zeedijk 1 bus A005, 8620 Nieuwpoort · General meeting of 23-07-2026 · Gazette deed
Purpose change “Het reinigen van nieuwe gebouwen na beëindiging van de bouwwerkzaamheden; Het uitoefenen van reinigen van…” (deed in Dutch) · General meeting of 10-12-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802395876
First establishment Werkenstraat 13, Diksmuide
All 7 events

Comparable companies

same main activity, similar in size and age
Company
A-B Shine Diksmuide €50,494 €29,788 38.9% -
A.I. DECOR Bree €48,990 €29,115 70.7% -
AsBe Schoonmaakbedrijf Diest €58,653 €29,654 0.7% -
JPB CLEANING Waterloo €56,327 €25,764 51.9% -
CLEANING 24 Wezembeek-Oppem €58,822 €33,949 54.9% -
ROSIMS Ixelles €50,088 €23,613 47.9% -
Mrs & Mr K Liège €47,482 €30,613 2.5% -

These companies have the same main activity as A-B Shine: general cleaning of buildings (NACE 81210). They are comparable in size and age: total assets between €47,500 and €58,800, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 05-06-2023Normal situation
Activity
General cleaning of buildingsNACE 81210and 3 others
Establishment unit
2.346.848.0888600 Diksmuide, since 01-07-2023
Financial year end
31 December
Peppol
Reachable since 30-09-2025
Company details

Annual accounts 2025

€50,494▼ 10.7%
Filing
Filed on 29-09-2026
Financials

Insights on A-B Shine

The computed 12-month bankruptcy probability of A-B Shine is 5.5% (elevated). The 2025 annual accounts show equity of €19,643 and a net result of €11,622.

Its solvency ranks better than 48% of 5,730 sector peers (NACE 81, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about A-B Shine

What is the company number of A-B Shine?
The company number of A-B Shine is 0802.395.876. The VAT number is the same number with BE in front: BE 0802.395.876.
Where is A-B Shine based?
The registered office is at Werkenstraat 13, 8600 Diksmuide.Company details
What does A-B Shine do?
According to the KBO register, the main activity is general cleaning of buildings (NACE 81210).
What is the legal form of A-B Shine?
A-B Shine is a private limited company (BV).
When was A-B Shine founded?
A-B Shine was founded on 05-06-2023.
Is A-B Shine still active?
Yes, A-B Shine is an active enterprise in the KBO register.
What is the turnover of A-B Shine?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €29,788 and 34 comparable companies (NACE 812). It probably lies between €82,000 and €210,000.Financials
Is A-B Shine profitable?
In financial year 2025, A-B Shine made a profit of €11,622.
Where can I find the annual accounts of A-B Shine?
A-B Shine filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of A-B Shine due?
A-B Shine must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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