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S.H.A.D. MANAGEMENT

Active
Private limited companyfounded 2021active for 4 yearsLes Plénesses 40, 4890 Thimister-Clermont, BelgiumKBO/BCE: BE 0777.778.266

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

S.H.A.D. MANAGEMENT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165,124 and a net result of €28,690. Equity has been growing by about 54% per year since 2022. Its solvency ranks better than 46% of 10,798 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 26-11-2021 Normal situation
Activity
Business and other management consultancy NACE 70200and 1 other
Establishment unit
2.327.229.839 4890 Thimister-Clermont, since 26-11-2021
Financial year end
31 December
Peppol
Reachable since 06-03-2026

Board and ownership

Board
  • DOUTREPONT ANNEDirector · since 24-11-2021

Financial position

85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€73,096
Turnover
≈ €140,000
estimated
Profit
€28,690
▼ 58.1%
Equity
€165,124
▲ 21.0%
Total assets
€347,667
▼ 12.9%
Staff
1 FTE
=
Filed on 11-06-2026, 50 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 0.13, cash €12,413, halvedFounded in 2021lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Figures for financial year 2025 (filed on 11-06-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2024
Average
Solvency 72+13
equity 47.5% of total assets
Liquidity 39-8
short-term debt 35.3% · cash 3.6%
Profitability 60-33
return on assets 8.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,516 companies, NACE 70, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.13 (0.4 in 2024), below 1. Short-term debt is 35.3% and cash 3.6% of total assets. 52.5% 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 70, micro). It does better than 44% of them on solvency, 19% on liquidity, 27% on profitability and 67% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Figures for financial year 2025 (filed on 11-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.13, cash €12,413, halved
NBB · annual accounts
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
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 11-06-2026, 50 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
50 days early
2024
58 days early
2023
132 days early
2022
123 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 91 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 2 May (3 of the last 4 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: Always filed on timeaccounts within the deadline every year 4 years View

Comparable companies

These companies have the same main activity as S.H.A.D. MANAGEMENT: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €226,000 and €384,000, founded between 2020 and 2022.

CompanyTotal assetsGross margin
S.H.A.D. MANAGEMENT Thimister-Clermont€347,667€73,096
Meatpack International Deinze€366,726€62,969
My Altior Walhain€366,874€91,107
O.D. PROJECTS Modave€225,609€75,151
Express Shared Service (Europe) Zaventem€290,963€61,626
Cruver Bilzen-Hoeselt€357,683€78,316
ROZANOWSKI CONSULTING Schaarbeek€383,600€106,531
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about S.H.A.D. MANAGEMENT

What is the company number of S.H.A.D. MANAGEMENT?
The company number of S.H.A.D. MANAGEMENT is 0777.778.266. The VAT number is the same number with BE in front: BE 0777.778.266.
Where is S.H.A.D. MANAGEMENT based?
The registered office is at Les Plénesses 40, 4890 Thimister-Clermont.Company details
What does S.H.A.D. MANAGEMENT do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of S.H.A.D. MANAGEMENT?
The legal form of S.H.A.D. MANAGEMENT is Private limited company (BV).
When was S.H.A.D. MANAGEMENT founded?
S.H.A.D. MANAGEMENT was founded on 26-11-2021.
Is S.H.A.D. MANAGEMENT still active?
Yes, S.H.A.D. MANAGEMENT is an active enterprise in the KBO register.
How many employees does S.H.A.D. MANAGEMENT have?
S.H.A.D. MANAGEMENT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of S.H.A.D. MANAGEMENT?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €73,096 and 64 comparable companies (NACE 70200). It probably lies between €100,000 and €220,000. In financial year 2024 turnover was €190,000.
Is S.H.A.D. MANAGEMENT profitable?
In financial year 2025, S.H.A.D. MANAGEMENT made a profit of €28,690.
Where can I find the annual accounts of S.H.A.D. MANAGEMENT?
S.H.A.D. MANAGEMENT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of S.H.A.D. MANAGEMENT due?
S.H.A.D. MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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