FBB PLUS
ActiveSummary
The computed 12-month bankruptcy probability of FBB PLUS is 2.0% (moderate). The 2024 annual accounts show negative equity (-€100,396) and a net result of -€96,833. Its solvency ranks better than 21% of 3,000 sector peers (NACE 93, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- ≈ 0.3 FTE, estimated
- Equity
- -€100,396
- Loss
- -€96,833
- SHALA BlendonDirector
- SHALA BliniDirector
- SHALA, FatosDirector
Why 51raises riskFigures for financial year 2024 (filed 31-07-2025)1 financial year not filed after the legal deadline; 1 of the last 3 latelowers riskSector: Sports, amusement and recreation activities (NACE 93)Size: total assets €765,344Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 93, micro): better than 21% on solvency, 12% on liquidity, 16% on profitability and 1% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 16 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
- IncorporationAppointments: SHALA Fatos, SHALA Blendon…
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 31 October 2026.
2023 to 2024, 2 financial years
The operating result stays negative: a loss of €72,487 in 2024 against €3,097 in 2023; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 93, Sports, amusement and recreation activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 490 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 88.8% are still going.
- Small
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 490 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7,591 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,124 | €44,306 | ▲ 39× |
| Other operating charges640/8 | €384 | €1,251 | ▲ 225% |
| Gross operating margin9900 | -€1,588 | -€19,338 | ▼ 1,118% |
| Operating profit (loss)9901 | -€3,097 | -€72,487 | ▼ 2,241% |
| Financial income75/76B | - | €92 | - |
| Recurring financial income75 | - | €92 | - |
| Financial charges65/66B | €467 | €24,437 | ▲ 52× |
| Recurring financial charges65 | €467 | €24,437 | ▲ 52× |
| Profit (loss) for the period before taxes9903 | -€3,564 | -€96,833 | ▼ 2,617% |
| Profit (loss) for the period9904 | -€3,564 | -€96,833 | ▼ 2,617% |
| Profit (loss) for the period to be appropriated9905 | -€3,564 | -€96,833 | ▼ 2,617% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €101,708 | €765,344 | ▲ 652% |
| Fixed assets21/28 | €1,180 | €645,056 | ▲ 547× |
| Intangible fixed assets21 | €1,180 | €1,401 | ▲ 18.8% |
| Tangible fixed assets22/27 | - | €607,655 | - |
| Plant, machinery and equipment23 | - | €545,658 | - |
| Other tangible fixed assets26 | - | €61,998 | - |
| Financial fixed assets28 | - | €36,000 | - |
| Current assets29/58 | €100,528 | €120,288 | ▲ 19.7% |
| Amounts receivable within one year40/41 | - | €47,398 | - |
| Trade receivables40 | - | €3,171 | - |
| Other amounts receivable41 | - | €44,228 | - |
| Cash at bank and in hand54/58 | €100,528 | €69,598 | ▼ 30.8% |
| Deferred charges and accrued income490/1 | - | €3,291 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €101,708 | €765,344 | ▲ 652% |
| Equity10/15 | -€3,564 | -€100,396 | ▼ 2,717% |
| Profit (loss) carried forward14 | -€3,564 | -€100,396 | ▼ 2,717% |
| Amounts payable17/49 | €105,272 | €865,740 | ▲ 722% |
| Amounts payable within one year42/48 | €104,829 | €842,231 | ▲ 703% |
| Trade debts44 | €954 | €8,233 | ▲ 763% |
| Suppliers440/4 | €954 | €8,233 | ▲ 763% |
| Taxes, remuneration and social security45 | - | €3,006 | - |
| Taxes450/3 | - | €1,093 | - |
| Remuneration and social security454/9 | - | €1,913 | - |
| Other amounts payable47/48 | €103,875 | €830,992 | ▲ 700% |
| Accrued charges and deferred income492/3 | €443 | €23,509 | ▲ 53× |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,564 | -€96,833 | ▼ 2,617% |
| + Depreciation and write-downs630 | €1,124 | €44,306 | ▲ 39× |
| Operating cash flow (approximation) | -€2,439 | -€52,527 | ▼ 2,053% |
| Investment in fixed assets (approximation) | - | -€688,182 | - |
| Change in cash | - | -€30,931 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 30-07-2025 | 2025-00344617 |
| 31-12-2023 | micro format | 02-09-2024 | 2024-00429694 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SHALA Blendon |
|
| SHALA Blini |
|
| SHALA, Fatos |
|
Owners and capital
Capital and shareholders
- SHALA Fatos 60 shares (60%) · €3,000
- SHALA Blendon 20 shares (20%) · €1,000
- SHALA Blini 20 shares (20%) · €1,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 09-02-2023 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
09-02
Gazette deed
IncorporationAppointments: SHALA Fatos, SHALA Blendon and SHALA Blini · Founder · Founding capital18 facts ▸
- Founder, SHALA Fatos (comparant)
- Founder, SHALA Blendon (comparant)
- Founder, SHALA Blini (comparant)
- Incorporation, 06-02-2023
- Other provision, 06-02-2023
- Other provision, “information sur responsabilité des fondateurs, faillite prononcée dans les 3 ans de sa constitution” (deed in French)
- Founding capital, €5,000
- Capital
- Other provision, “dispositions finales et transitoires déclaration introductive, comparants” (deed in French)
- Registered office clause, “1030 Schaerbeek,Rue Waelhem 114” (deed in French)
- Other provision, “site internet et adresse électronique” (deed in French)
- Other provision, “avertissements notaire, comparants” (deed in French)
- +6 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
3 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24502B0039/00D000 | Flanders | 3,403 m² | 1 · 3,288 m² | 22.4 m · 5 |
| 21902A0421/00M002 | Brussels | 245 m² | 1 · 175 m² | 8.9 m · 2 |
| 52011D0126/02S000indicative | Wallonia | 27 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FBB PLUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, transfert par simple décision de l'organe d'administration pour autant que ce transfert a lieu dans la Région…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, personnes physiques ou morales,actionnaires ou non” (deed in French)“Mandat exercé gratuitement ou non, frais représentation voyages déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement actions acquises, cession d'actions” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission d'actions nouvelles-droit de préférence, courrier électronique,ou courrier ordinaire même jour pour…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution en tout temps, prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée générale désigner liquidateurs et déterminer pouvoirs et émoluments, dissolution pour quelque cause et à quelque moment” (deed in French)