Mr. SHINE
ActiveSummary
Mr. SHINE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€10,367) and a net result of -€14,696. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 3542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency0▼-41
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.97 in 2023; short-term debt: 169% and cash: 84.8% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-69%
Return on assets
-97.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€10,367
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
30 d late
2022
22 d late
2021
18 d early
2020
20 d late
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 23 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#9 oldest company in Lubbeek, Other services sector
Equity
-€10,367
2023 · €4,329
Total assets
€15,024▼ 43.6%
2023 · €26,659
Net result
-€14,696
2023 · €8,172
Working capital
-€12,619▼ 1,673%
2023 · -€712
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€12,177▲ 52.1%-€3,006▲ 75.3%€3,094€9,900▲ 220%-€10,491
Net result-€12,763below the sector's middle half▲ 51.2%-€3,632below the sector's middle half▲ 71.5%€2,279within the sector's middle half€8,172within the sector's middle half▲ 259%-€14,696below the sector's middle half
Equity-€2,490below the sector's middle half-€6,122below the sector's middle half▼ 146%-€3,843below the sector's middle half▲ 37.2%€4,329below the sector's middle half-€10,367below the sector's middle half
Total assets€14,977below the sector's middle half▼ 48.0%€12,262below the sector's middle half▼ 18.1%€19,708below the sector's middle half▲ 60.7%€26,659below the sector's middle half▲ 35.3%€15,024below the sector's middle half▼ 43.6%
Debt€17,466▼ 5.9%€18,384▲ 5.3%€23,551▲ 28.1%€22,330▼ 5.2%€25,391▲ 13.7%
Working capital-€12,654within the sector's middle half▼ 21.5%-€13,135within the sector's middle half▼ 3.8%-€8,780within the sector's middle half▲ 33.2%-€712within the sector's middle half▲ 91.9%-€12,619below the sector's middle half▼ 1,673%
Solvency-16.6%below the sector's middle half▼ 52.3pp-49.9%below the sector's middle half▼ 33.3pp-19.5%below the sector's middle half▲ 30.4pp16.2%within the sector's middle half▲ 35.7pp-69.0%below the sector's middle half▼ 85.2pp
Current ratio0.28below the sector's middle half▼ 0.120.29below the sector's middle half▲ 0.010.63below the sector's middle half▲ 0.340.97within the sector's middle half▲ 0.340.50below the sector's middle half▼ 0.47
Return on assets (ROA)-85.2%below the sector's middle half▲ 5.6pp-29.6%below the sector's middle half▲ 55.6pp11.6%within the sector's middle half▲ 41.2pp30.7%above the sector's middle half▲ 19.1pp-97.8%below the sector's middle half▼ 128.5pp
Staff (FTE)0.91▲ 11.1%0.4▼ 60.0%0.8▲ 100%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10,491 after €9,900 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15,024
Fixed assets
€2,252 ▼ 55.3%
Current assets
€12,772 ▼ 40.9%
Key figures and ratios
EBITDA
-€7,513▼
2023 · €12,439
Cash flow
-€11,718▼
2023 · €10,710
Debt to equity
-2.45▼
2023 · 5.16
Interest coverage
-1.79▼
2023 · 7.19
Debt ≤ 1 year
€25,391▲
2023 · €22,330
Staff costs
€12,586▲
2023 · €3,878
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 6,622 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €18,445 | €22,584 | €3,878 | €12,586 | ▲ 225% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,757 | €4,078 | €4,058 | €2,538 | €2,978 | ▲ 17.3% |
| Other operating charges640/8 | - | €2,429 | €1,580 | €1,964 | €6,129 | ▲ 212% |
| Gross operating margin9900 | €7,969 | €21,946 | €31,316 | €18,281 | €11,202 | ▼ 38.7% |
| Operating profit (loss)9901 | -€12,177 | -€3,006 | €3,094 | €9,900 | -€10,491 | ▼ 206% |
| Financial income75/76B | - | €3 | €61 | €1 | €1 | ▼ 3.8% |
| Recurring financial income75 | €1 | €3 | €61 | €1 | €1 | ▼ 3.8% |
| Financial charges65/66B | - | €629 | €876 | €1,729 | €4,207 | ▲ 143% |
| Recurring financial charges65 | €587 | €629 | €876 | €1,729 | €4,207 | ▲ 143% |
| Profit (loss) for the period before taxes9903 | -€12,763 | -€3,632 | €2,279 | €8,172 | -€14,696 | ▼ 280% |
| Profit (loss) for the period9904 | -€12,763 | -€3,632 | €2,279 | €8,172 | -€14,696 | ▼ 280% |
| Profit (loss) for the period to be appropriated9905 | -€12,763 | -€3,632 | €2,279 | €8,172 | -€14,696 | ▼ 280% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,977 | €12,262 | €19,708 | €26,659 | €15,024 | ▼ 43.6% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €10,164 | €7,014 | €4,937 | €5,041 | €2,252 | ▼ 55.3% |
| Tangible fixed assets22/27 | €10,051 | €7,014 | €4,937 | €5,041 | €2,252 | ▼ 55.3% |
| Plant, machinery and equipment23 | - | €2,404 | €1,557 | €1,051 | €706 | ▼ 32.8% |
| Furniture and vehicles24 | - | €988 | €780 | €2,636 | €1,547 | ▼ 41.3% |
| Other tangible fixed assets26 | - | €3,621 | €2,600 | €1,355 | - | - |
| Financial fixed assets28 | €113 | - | - | - | - | - |
| Current assets29/58 | €4,812 | €5,248 | €14,771 | €21,618 | €12,772 | ▼ 40.9% |
| Amounts receivable within one year40/41 | €4,120 | €41 | €233 | €742 | €37 | ▼ 95.0% |
| Trade receivables40 | - | - | €233 | €742 | €37 | ▼ 95.0% |
| Other amounts receivable41 | - | €41 | - | - | - | - |
| Cash at bank and in hand54/58 | €692 | €5,207 | €14,538 | €20,876 | €12,735 | ▼ 39.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,977 | €12,262 | €19,708 | €26,659 | €15,024 | ▼ 43.6% |
| Equity10/15 | -€2,490 | -€6,122 | -€3,843 | €4,329 | -€10,367 | ▼ 339% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Outside capital11 | - | €18,592 | - | - | - | - |
| Share premium1100/10 | - | €18,592 | - | - | - | - |
| Reserves13 | €37,513 | €37,513 | €37,513 | €37,513 | €37,513 | = |
| Non-distributable reserves130/1 | - | €11,887 | €11,887 | €11,887 | €1,859 | ▼ 84.4% |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Other1319 | - | €10,028 | €10,028 | €10,028 | - | - |
| Tax-exempt reserves132 | - | - | - | - | €10,028 | - |
| Distributable reserves133 | - | €25,626 | €25,626 | €25,626 | €25,626 | = |
| Profit (loss) carried forward14 | -€58,594 | -€62,226 | -€59,947 | -€51,775 | -€66,472 | ▼ 28.4% |
| Amounts payable17/49 | €17,466 | €18,384 | €23,551 | €22,330 | €25,391 | ▲ 13.7% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €17,466 | €18,384 | €23,551 | €22,330 | €25,391 | ▲ 13.7% |
| Trade debts44 | €6,258 | €999 | €44 | €1,203 | €3,675 | ▲ 206% |
| Suppliers440/4 | - | €999 | €44 | €1,203 | €3,675 | ▲ 206% |
| Taxes, remuneration and social security45 | - | €605 | €5,057 | €1,920 | €2,509 | ▲ 30.7% |
| Taxes450/3 | - | - | €2,493 | €982 | €1,548 | ▲ 57.6% |
| Remuneration and social security454/9 | - | €605 | €2,564 | €937 | €961 | ▲ 2.6% |
| Other amounts payable47/48 | - | €16,779 | €18,449 | €19,207 | €19,207 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,763 | -€3,632 | €2,279 | €8,172 | -€14,696 | ▼ 280% |
| + Depreciation and write-downs630 | €11,757 | €4,078 | €4,058 | €2,538 | €2,978 | ▲ 17.3% |
| Operating cash flow (approximation) | -€1,006 | €446 | €6,337 | €10,710 | -€11,718 | ▼ 209% |
| Investment in fixed assets (approximation) | - | -€927 | -€1,982 | -€2,642 | -€189 | ▲ 92.8% |
| Change in cash | - | €4,515 | €9,330 | €6,338 | -€8,141 | ▼ 228% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €8,172 ▲259%
Operating result €9,900, net result €8,172, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €2,279
Net result €2,279 after 4 loss-making years.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Weakest financial yearnet -€26,166
Net result drops to -€26,166, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lubbeek · 1 establishment unit since 1996
Ground area
1,606 m²
Building footprint
632 m²
Volume, LiDAR
3,794 m³
Parcel 24063B0206/00K002, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MR. SHINE
since 19962.077.526.303
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24063B0206/00K002 | Flanders | 1,606 m² | 1 · 632 m² | 11.6 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 3,205 companies in sector 95316 we hold annual accounts for 754. 369 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 (pre-2019)
Founded14-06-1996
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458193653
Also
9925:BE0458193653
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.