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MANY SHOP

Active
Private limited companyfounded 200323 yrs activeVrijheidslaan 175, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0859.583.811

The computed 12-month bankruptcy probability of MANY SHOP is 2.0% (moderate). For MANY SHOP, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €31k and a net result of €-5k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 91% of 6120 sector peers (fiscal year 2023). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability4▼-55
Solvency100=
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2023
Solvency, return and age of the figures
Solvency
87.7%
Return on assets
-13.4%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 02-12-2024, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
124 d late
2022
58 d late
2021
107 d late
2020
144 d late
2019
143 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2023, micro schema

Turnover
€16k▼ 61.5%
2022 · €41k
2018: €83k 2019: €52k 2020: €46k 2021: €55k 2022: €41k
2018 → 2023
EBIT margin
-31.0%▼ 34.3pp
2022 · 3.3%
2018: 0.6% 2019: 1.1% 2020: 6.7% 2021: 2.7% 2022: 3.3%
2018 → 2023
Net result
€-5k
2022 · €587
2018: €359 2019: €160 2020: €3k 2021: €1k 2022: €587
2018 → 2023
Working capital
€30k▼ 13.3%
2022 · €35k
2018: €30k 2019: €30k 2020: €33k 2021: €34k 2022: €35k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20192020202120222023Trend
Turnover€52k-€46k▼ 11.0%€55k▲ 19.1%€41k▼ 25.9%€16k▼ 61.5%
Equity€30k-€33k▲ 9.8%€35k▲ 3.8%€35k▲ 1.7%€31k▼ 13.2%
Operating result€582-€3k▲ 428%€1k▼ 52.5%€1k▼ 8.5%€-5k
Net result€160-€3k▲ 1,775%€1k▼ 57.5%€587▼ 53.9%€-5k
Result per fiscal year
Operating resultNet result
€-6k€-4k€-2k€0€2k€4kOperating result 2019: €582€582Net result 2019: €160€160Operating result 2020: €3k€3kNet result 2020: €3k€3kOperating result 2021: €1k€1kNet result 2021: €1k€1kOperating result 2022: €1k€1kNet result 2022: €587€587Operating result 2023: €-5k€-5kNet result 2023: €-5k€-5k20192020202120222023
The operating result turns negative in 2023: a loss of €5k after €1k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €35k
Fixed assets €150▼ 3.5%
Current assets €35k▼ 8.0%
Equity and liabilities €35k
Equity €31k▼ 13.2%
Debt €4k▲ 62.5%
The debt ratio rises from 7.0% to 12.3%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
Solvency
87.7%
2022 · 93.0%
Current ratio
8.11
2022 · 14.33
Quick ratio
8.11
2022 · 8.63
Debt / equity
0.14
2022 · 0.07
ROE
-15.3%
2022 · 1.7%
ROA
-13.4%
2022 · 1.5%
Debt
€4k
2022 · €3k
Debt ≤ 1 year
€4k
2022 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet Code20222023
Assets
Total assets20/58€38k€35k
Fixed assets21/28€155€150
Tangible fixed assets22/27€5€0
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€5€0
Financial fixed assets28€150€150=
Current assets29/58€38k€35k
Amounts receivable after more than one year29€14k€14k=
Other amounts receivable291€14k€14k=
Stocks and contracts in progress3€15k€0
Stocks30/36€15k€0
Amounts receivable within one year40/41€9k€21k
Trade receivables40€8k€14k
Other amounts receivable41€1k€7k
Cash at bank and in hand54/58€130€174
Deferred charges and accrued income490/1-€271
Equity and liabilities
Total equity and liabilities10/49€38k€35k
Equity10/15€35k€31k
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€14k€10k
Amounts payable17/49€3k€4k
Amounts payable within one year42/48€3k€4k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Taxes, remuneration and social security45€0€493
Taxes450/3€0€493
Other amounts payable47/48€0-
Income statement Code20222023
Turnover70€41k€16k
Goods, raw materials, services and sundry goods60/61€41k€21k
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€177-
Other operating charges640/8€861€0
Gross operating margin9900€2k€-5k
Operating profit (loss)9901€1k€-5k
Financial income75/76B€1€271
Recurring financial income75€1€271
Financial charges65/66B€253€67
Recurring financial charges65€253€67
Profit (loss) for the period before taxes9903€1k€-5k
Income taxes67/77€497-
Profit (loss) for the period9904€587€-5k
Profit (loss) for the period to be appropriated9905€587€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€14k€10k
Profit (loss) brought forward from the previous period14P€14k€14k

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
18-08
State Gazette act Resignations & appointments
General meeting · Share transfer · Director resignation5 facts ▸
  • General meeting, 2026-06-01
  • Share transfer, ABROUCH MOHAMED → SAADI ABDELMAJID KARIM
  • Director resignation, ABROUCH MOHAMED (administrateur)
  • Director discharge, ABROUCH MOHAMED
  • Director appointment, SAADI ABDELMAJID KARIM (administrateur)
2024
02-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
2023
31-12
Financial Weakest financial yearnet €-5k ▼896%
Net result drops to €-5k, the lowest in the series.
27-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
15-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
2021
22-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 144 days late
2020
31-12
Financial Highest result since 2018net €3k ▲1775%
Operating result €3k, net result €3k, both a record.
21-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
12-12
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 134 days late
2018
19-12
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 141 days late
2017
20-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 112 days late
2016
27-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 119 days late
2015
21-09
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 52 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 directors, no change since 2026
SAADI ABDELMAJID KARIM
Director · since 01-06-2026
Current
01-06-2026 SAADI ABDELMAJID KARIM: Appointed as Director
01-06-2026 ABROUCH MOHAMED: Resigned as Director
08-12-2024 KHANNOUJ SAID: Resigned as Director
01-04-2023 Serge Solau: Resigned as Director
30-06-2016 KHANNOUJ Youssef: Resigned as Managing director
31-03-2007 Salam El Osrouti: Resigned as Manager
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vrijheidslaan 1751080 Sint-Jans-Molenbeek
Ground area
310 m²
Building footprint
243 m²
Volume, LiDAR
1,477 m³
Parcel 21526D0069/02A005, Brussels · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21526D0069/02A005 Brussels 310 m² 1 · 243 m² 10.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Capital and shareholders

Transfer of 100 shares from ABROUCH MOHAMED to SAADI ABDELMAJID KARIM
State Gazette act of 18-08-2026

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Sint-Jans-Molenbeek2.368.610.039
1 permission
Toelating · Detailhandel · since 30-01-2025
Sint-Jans-Molenbeek2.380.422.659
1 permission
Detailhandel LM>3 maand · since 12-11-2025

Similar companies · same sector, comparable size

Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,447 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded07-07-2003
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
47110Non-specialised retail sale with food, beverages or tobacco predominating
49330On-demand passenger transport by chauffeured vehicle
47252Retail trade
49310Scheduled passenger transport by road
49390Land transport and transport via pipelines
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.