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S.H.A.X.

Active
Private limited companyfounded 2016active for 9 yearsWaterlose Steenweg 327, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0665.934.395

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of S.H.A.X. is 1.5% (moderate). The 2025 annual accounts show equity of €57,178 and a net result of €8,681. Equity has been growing by about 40% per year since 2018. Its solvency ranks better than 68% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 14-11-2016 Normal situation
Activity
Cafés and bars NACE 56301
Establishment units
2.258.713.690 1060 Sint-Gillis (bij-Brussel), since 17-11-2016
2.278.069.348 1040 Etterbeek, since 30-07-2018
Financial year end
31 December
Peppol
Reachable since 11-12-2025

Board and ownership

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€95,515
▲ 8.6%
Turnover
≈ €340,000
estimated
Profit
€8,681
▼ 79.1%
Equity
€57,178
▲ 17.9%
Total assets
€113,847
▼ 21.1%
Staff
2 FTE
Filed on 30-08-2026, 30 days after the deadlineat the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: total assets €113,847Last filed accounts filed 30 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 0.70, cash €17,954Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 53% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 75+16
equity 50.2% of total assets
Liquidity 45+14
short-term debt 49.8% · cash 15.8%
Profitability 59-41
return on assets 7.6%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 11-2024: 7.9%highest value 12-2024: 7.8%▼ -0.1 percentage points vs 11-2024 01-2025: 7.2%▼ -0.6 percentage points vs 12-2024 02-2025: 7.2%● unchanged vs 01-2025 03-2025: 7.2%● unchanged vs 02-2025 04-2025: 6.9%▼ -0.3 percentage points vs 03-2025 05-2025: 6.6%▼ -0.3 percentage points vs 04-2025 06-2025: 6.5%▼ -0.1 percentage points vs 05-2025 07-2025: 6.4%▼ -0.1 percentage points vs 06-2025 08-2025: 2.6%▼ -3.8 percentage points vs 07-2025 09-2025: 2.6%● unchanged vs 08-2025 10-2025: 2.6%● unchanged vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.5%▼ -0.1 percentage points vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.3%▼ -0.2 percentage points vs 04-2026 06-2026: 2.3%● unchanged vs 05-2026 07-2026: 2.3%● unchanged vs 06-2026 08-2026: 3.1%▲ +0.8 percentage points vs 07-2026 09-2026: 1.5%▼ -1.6 percentage points vs 08-2026lowest value 10-2026: 1.5%● unchanged vs 09-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.7 (0.56 in 2024), below 1. Short-term debt is 49.8% and cash 15.8% of total assets. 49.8% 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 68% of them on solvency, 40% on liquidity, 41% on profitability and 64% 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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Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €113,847
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 30 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 0.70, cash €17,954
NBB · annual accounts
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
30 days late
2024
7 days early
2023
86 days late
2022
61 days late
2020
19 days late
2019
59 days early
2018
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days after 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 30 August (4 of the last 5 accounts filed within 37 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

Comparable companies

These companies have the same main activity as S.H.A.X.: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €97,000 and €138,000, founded between 2015 and 2018.

CompanyTotal assetsGross margin
S.H.A.X. Sint-Gillis (bij-Brussel)€113,847€95,515
LES BARCHITEKTS SPRL Brussel€112,178€99,164
MIRAN AZAD Sint-Joost-ten-Node€109,105€77,128
JAMES JOYCE Brussel€96,976€91,430
ELLEM SERVICES & CONSEILS Oudergem€105,313€94,997
BOUGHAFOUSS Brussel€134,421€93,414
LUBETENI Schaarbeek€137,516€96,850
Full comparison

Documents

Annual accounts at the NBB

All 8 annual accounts

Articles and registers

Key facts about S.H.A.X.

What is the company number of S.H.A.X.?
The company number of S.H.A.X. is 0665.934.395. The VAT number is the same number with BE in front: BE 0665.934.395.
Where is S.H.A.X. based?
The registered office is at Waterlose Steenweg 327, 1060 Sint-Gillis (bij-Brussel).Company details
What does S.H.A.X. do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of S.H.A.X.?
The legal form of S.H.A.X. is Private limited company (BV).
When was S.H.A.X. founded?
S.H.A.X. was founded on 14-11-2016.
Is S.H.A.X. still active?
Yes, S.H.A.X. is an active enterprise in the KBO register.
How many employees does S.H.A.X. have?
S.H.A.X. had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of S.H.A.X.?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €95,515 and 38 comparable companies (NACE 56301). It probably lies between €290,000 and €460,000.
Is S.H.A.X. profitable?
In financial year 2025, S.H.A.X. made a profit of €8,681.
Where can I find the annual accounts of S.H.A.X.?
S.H.A.X. filed 8 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.X. due?
S.H.A.X. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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