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A-B Shine

Active
Private limited companyfounded 20233 yrs activeWerkenstraat(V) 13, 8600 Diksmuide, BelgiumKBO/BCE: BE 0802.395.876
Summary

The computed 12-month bankruptcy probability of A-B Shine is 3.1% (moderate). The 2024 annual accounts show equity of €8,021 and a net result of €7,021. Its solvency ranks better than 21% of 5896 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability84
Solvency39
Growth-
Track record79
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
14.2%
Return on assets
12.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 5896 sector peers (2024).
NBB · sector comparison
Position among 5896 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 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 · 1 filing
Deviation from the deadline
2024
32 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 32 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 June 2023, A-B Shine was incorporated as a Private limited company.1 In 2026 the registered office moved to Diksmuide.2 The company has filed annual accounts once, for fiscal year 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 04-08-2026
  3. 3National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€8,021
Total assets
€56,546
Net result
€7,021
Working capital
-€8,234

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €56,546
Fixed assets €26,823
Current assets €29,723
Equity and liabilities €56,546
Equity €8,021
Debt €48,525
Debt finances 85.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€28,012
Cash flow
€20,058
Current ratio
0.78
Debt to equity
6.05
ROE
87.5%
ROA
12.4%
Interest coverage
5.92
Debt ≤ 1 year
€37,957
Debt > 1 year
€10,568
Income taxes
€3,223

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€56,546
Fixed assets21/28€26,823
Tangible fixed assets22/27€26,823
Plant, machinery and equipment23€4,321
Furniture and vehicles24€22,502
Current assets29/58€29,723
Amounts receivable within one year40/41€22,262
Trade receivables40€15,485
Other amounts receivable41€6,777
Cash at bank and in hand54/58€5,967
Deferred charges and accrued income490/1€1,494
Equity and liabilities
Total equity and liabilities10/49€56,546
Equity10/15€8,021
Contributions10/11€1,000
Profit (loss) carried forward14€7,021
Amounts payable17/49€48,525
Amounts payable after more than one year17€10,568
Financial debts170/4€10,568
Amounts payable within one year42/48€37,957
Current portion of amounts payable after more than one year42€13,366
Trade debts44€156
Suppliers440/4€156
Taxes, remuneration and social security45€5,694
Taxes450/3€5,694
Other amounts payable47/48€18,741
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,037
Other operating charges640/8€909
Gross operating margin9900€28,921
Operating profit (loss)9901€14,974
Financial charges65/66B€4,730
Recurring financial charges65€4,730
Profit (loss) for the period before taxes9903€10,244
Income taxes67/77€3,223
Profit (loss) for the period9904€7,021
Profit (loss) for the period to be appropriated9905€7,021
Appropriation of the result
Profit (loss) to be appropriated9906€7,021

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,037
Other operating charges640/8€909
Gross operating margin9900€28,921
Operating profit (loss)9901€14,974
Financial charges65/66B€4,730
Recurring financial charges65€4,730
Profit (loss) for the period before taxes9903€10,244
Income taxes67/77€3,223
Profit (loss) for the period9904€7,021
Profit (loss) for the period to be appropriated9905€7,021
Line2024
Assets
Total assets20/58€56,546
Fixed assets21/28€26,823
Tangible fixed assets22/27€26,823
Plant, machinery and equipment23€4,321
Furniture and vehicles24€22,502
Current assets29/58€29,723
Amounts receivable within one year40/41€22,262
Trade receivables40€15,485
Other amounts receivable41€6,777
Cash at bank and in hand54/58€5,967
Deferred charges and accrued income490/1€1,494
Equity and liabilities
Total equity and liabilities10/49€56,546
Equity10/15€8,021
Contributions10/11€1,000
Profit (loss) carried forward14€7,021
Amounts payable17/49€48,525
Amounts payable after more than one year17€10,568
Financial debts170/4€10,568
Amounts payable within one year42/48€37,957
Current portion of amounts payable after more than one year42€13,366
Trade debts44€156
Suppliers440/4€156
Taxes, remuneration and social security45€5,694
Taxes450/3€5,694
Other amounts payable47/48€18,741
Line2024
Profit (loss) for the period9904€7,021
+ Depreciation and write-downs630€13,037
Operating cash flow (approximation)€20,058

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
04-08
State Gazette act Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 23-07-2026
  • Registered-office move, 8600 Diksmuide, Werkenstraat 13
  • Director in office, Baeyens Andy (director)
2025
01-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
State Gazette actNBB filing
1 of 3 acts read
About the unread acts

Of 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.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Diksmuide · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
335 m²
Building footprint
110 m²
Volume, LiDAR
644 m³
Parcel 32024E0571/00K000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A-B Shine
Werkenstraat(V) 13, 8600 DiksmuideRetail sale of souvenirs and religious articles
since 20232.346.848.088
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
32024E0571/00K000 Flanders 335 m² 1 · 110 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,364 companies in sector 81210 we hold annual accounts for 2,737. 1,627 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
82990Other business support services
Contact
E-mail info@abshine.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802395876
Also 9925:BE0802395876
Registered 30-09-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.