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SH HOLDING

Active
Private limited companyfounded 2021active for 5 yearsSint-Martenslinde 25, 1860 Meise, BelgiumKBO/BCE: BE 0768.922.166
Summary

The computed 12-month bankruptcy probability of SH HOLDING is 5.9% (elevated). The 2025 annual accounts show equity of €101,463 and a net result of €34,771. Equity has been growing by about 3.6% per year since 2022. Its solvency ranks better than 38% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 31-05-2021 Normal situation
Activity
Full-service restaurants NACE 56111
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
Financial year end
31 December
Peppol
Reachable since 17-04-2025

Board and ownership

Board
  • Sheikh ImranDirector

Financial position

36 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.9%
Annual accounts 2025
Turnover
€484,157
▼ 28.6%
Profit
€34,771
▲ 37.3%
Equity
€101,463
▼ 19.9%
Total assets
€622,515
▲ 99.9%
Employees on 31-12-2025
3
▼ 25.0%
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 20211 of the last 3 accounts lateNo registered site in the KBOShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 42% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Average
Solvency 41-25
equity 16.3% of total assets
Liquidity 47+5
short-term debt 15.7% · cash 0.5%
Profitability 82+9
return on assets 5.6%
Bankruptcy probability within 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.8% (23,783 companies, NACE 56, micro)
Last 24 months 12-2024: 6.9% 01-2025: 11.5%▲ +4.6 percentage points vs 12-2024highest value 02-2025: 10.8%▼ -0.7 percentage points vs 01-2025 03-2025: 7.0%▼ -3.8 percentage points vs 02-2025 04-2025: 7.0%● unchanged vs 03-2025 05-2025: 7.0%● unchanged vs 04-2025 06-2025: 6.9%▼ -0.1 percentage points vs 05-2025 07-2025: 6.9%● unchanged vs 06-2025 08-2025: 6.9%● unchanged vs 07-2025 09-2025: 6.9%● unchanged vs 08-2025 10-2025: 6.9%● unchanged vs 09-2025 11-2025: 7.1%▲ +0.2 percentage points vs 10-2025 12-2025: 7.1%● unchanged vs 11-2025 01-2026: 7.1%● unchanged vs 12-2025 02-2026: 7.1%● unchanged vs 01-2026 03-2026: 7.6%▲ +0.5 percentage points vs 02-2026 04-2026: 7.7%▲ +0.1 percentage points vs 03-2026 05-2026: 7.9%▲ +0.2 percentage points vs 04-2026 06-2026: 6.1%▼ -1.8 percentage points vs 05-2026 07-2026: 6.2%▲ +0.1 percentage points vs 06-2026 08-2026: 6.2%● unchanged vs 07-2026 09-2026: 5.9%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 5.9%● unchanged vs 09-2026lowest value 11-2026: 5.9%● unchanged vs 10-2026lowest value
Credit of up to €3,500 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 0.73 (0.75 in 2024), below 1. Short-term debt is 15.7% and cash 0.5% of total assets. 83.7% of the assets are financed with debt and provisions.
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 56, micro). It does better than 38% of them on solvency, 43% on liquidity, 69% on profitability and 18% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Five signals.
raises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2021
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 of the last 3 accounts late
NBB · filings
raises risk · No registered site in the KBO
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-05-2026, 77 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
77 days early
2024
162 days early
2023
128 days late
2022
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 38 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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. The company usually files around 3 June (3 of the last 4 accounts filed within 104 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 10th largest company by total assets in Meise, Accommodation and food service…in the Checked rankings No. 10 View
  • Caution: Turnover fell in 2025from €678,542 to €484,157 ▼ 28.6% View

Recent changes

  1. · Gazette deed Company renamed from MEAT MOZART to SH HOLDING
  2. · Gazette deed Transfer of 50 sharesResignation: EL KADRI FARID (director)
  3. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as SH HOLDING: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €553,000 and €647,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
SH HOLDING Meise€622,515€184,418
M.T.B. Antwerpen€635,874€191,119
PLUIM SOFIE Duffel€613,443€161,072
THAI KING Roeselare€592,250€207,643
Greenie Aalst€646,764€214,233
HET PAARD VAN LOKEREN Lokeren€598,362€187,078
NAPIZZA Etterbeek€553,445€197,296
Full comparison

Key facts about SH HOLDING

What is the company number of SH HOLDING?
The company number of SH HOLDING is 0768.922.166. The VAT number is the same number with BE in front: BE 0768.922.166.
Where is SH HOLDING based?
The registered office is at Sint-Martenslinde 25, 1860 Meise.Company details
What does SH HOLDING do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of SH HOLDING?
The legal form of SH HOLDING is Private limited company (BV).
When was SH HOLDING founded?
SH HOLDING was founded on 31-05-2021.
Is SH HOLDING still active?
Yes, SH HOLDING is an active enterprise in the KBO register.
How many employees does SH HOLDING have?
SH HOLDING had an average of 4.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SH HOLDING fall under?
In its 2025 annual accounts, SH HOLDING states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of SH HOLDING?
The turnover of SH HOLDING was €484,157 in financial year 2025, according to the filed annual accounts.
Is SH HOLDING profitable?
In financial year 2025, SH HOLDING made a profit of €34,771.
Where can I find the annual accounts of SH HOLDING?
SH HOLDING filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SH HOLDING due?
SH HOLDING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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