DEVICE CORNER
ActiveSummary
DEVICE CORNER has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,206 and a net result of €5,206. Its solvency ranks better than 95% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-12-2024 Normal situation
- Activity
- Retail sale of information and communication equipment NACE 47400
- Establishment unit
- 2.368.073.074 7000 Mons, since 02-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Turnover
- €81,162
- Profit
- €5,206
- Equity
- €5,206
- Total assets
- €5,206
- Staff
- ≈ 0.1 FTE
- estimated
Score breakdownraises riskFounded in 2024Size: turnover €81,162, total assets €5,2061 change of registered office in 24 monthslowers riskLiquidity: cash €2,496Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 92% of them on solvency, 99% on liquidity and 96% on profitability.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 19-06-2026 PDF
| Line | 2025 |
|---|---|
| Turnover70 | €81,162 |
| Goods, raw materials, services and sundry goods60/61 | €69,507 |
| Remuneration, social security and pensions62 | €4,474 |
| Other operating charges640/8 | €70 |
| Gross operating margin9900 | €9,750 |
| Operating profit (loss)9901 | €5,206 |
| Profit (loss) for the period before taxes9903 | €5,206 |
| Profit (loss) for the period9904 | €5,206 |
| Profit (loss) for the period to be appropriated9905 | €5,206 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €5,206 | |
| Current assets29/58 | €5,206 | |
| Amounts receivable within one year40/41 | €2,710 | |
| Trade receivables40 | €2,589 | |
| Other amounts receivable41 | €120 | |
| Cash at bank and in hand54/58 | €2,496 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €5,206 | |
| Equity10/15 | €5,206 | |
| Profit (loss) carried forward14 | €5,206 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €5,206 |
| Operating cash flow (approximation) | €5,206 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as DEVICE CORNER has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of DEVICE CORNER itself is higher: 1.1% within 12 months. It rests on far more data about DEVICE CORNER than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 11,279 companies, not a prediction for DEVICE CORNER. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00176738 |
Board & ownership
Directors
Owners and capital
Shareholders
- SHINWARI Shams 100 shares
- AAMIR Musharraf to SHINWARI Shams 100 shares
- AAMIR Musharraf 100 shares (100%) · €10,000 in cash
Capital transactions
Act of 05-05-2026Transfer of 100 sharesAppointment: SHINWARI Shams (director) · Resignation: AAMIR Musharraf (director) · Director discharge
- 19-12-2024 Incorporation · €10,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SHINWARI Shams |
|
| AAMIR Musharraf |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Portée aux frais généraux indépendamment frais représentation voyages déplacements, assemblée générale majorité absolue ou actionnaire…”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, nullité”
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Articles of association, deed of 19-12-2024 (in French)
Network & group
DEVICE CORNER shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DEVICE CORNER. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
29-06
Gazette deed
Appointment: SHINWARI Shams (director)Shareholding3 points ▸
- General meeting, 01-04-2026
- Director appointment, SHINWARI Shams (director)
- SHINWARI Shams is a shareholder
05-05
Gazette deed
Transfer of 100 sharesAppointment: SHINWARI Shams (director) · Resignation: AAMIR Musharraf (director) · Director discharge6 points ▸
- General meeting, 31-03-2026
- Director appointment, SHINWARI Shams (director)
- Director resignation, AAMIR Musharraf (director)
- Director discharge, AAMIR Musharraf (director)
- Share transfer, AAMIR Musharraf → SHINWARI Shams
- SHINWARI Shams holds 100 shares
21-10
Gazette deed
Registered office moved from Molenbeek-Saint-Jean to MonsNew seat: Rue des Capucins 3 7000 Mons · Previous seat: Avenue de la Liberté 175-1080 Molenbeek-Saint-Jean2 points ▸
- General meeting, 30-09-2025
- Registered-office move, Rue des Capucins 3 7000 Mons
19-12
Gazette deed
IncorporationStarting capital €10,000 · Appointment: AAMIR Musharraf (director) · Founder9 points ▸
- Incorporation, “DEVICE CORNER” (deed in French)
- Founder, AAMIR Musharraf (comparant)
- Founding capital, €10,000
- Name clause, DEVICE CORNER
- Other provision, “site internet de la société, en cours” (deed in French)
- Other provision, “adresse électronique de la société, en cours” (deed in French)
- Board rule, 1, “assemblée” (deed in French)
- Director appointment, AAMIR Musharraf (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements, obligations et activités entrepris au nom et pour compte de la société en formation” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Avenue de la Liberté 175, 1080 Molenbeek-Saint-Jean until 30-09-2025 · act of 21-10-2025
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53403E0465/00C000 | Wallonia | 59 m² | 1 · 37 m² | 14.2 m · 4 |