Financials
- Fiscal year
- 2025
- Total assets
- €1,688
- Loss
- -€858
- Solvency
- 100.0%
Total assets▼ 33.7%
Net result
20192025
S.H.C.
ActiveSummary
The annual accounts of S.H.C. for fiscal year 2025 show a net loss of 51% of total assets. The 2025 annual accounts show equity of €1,688 and a net result of -€858. Equity is shrinking by ~35% per year across the filed fiscal years. The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
What they do
Activity not known1 site
How big
€1,688total assets 2025
- Equity
- €1,688
- Loss
- -€858
Turnover not published (abridged schema)
Who decides
Accounts 35 d early0 of 2 deeds read
Why 55Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year+ Size: total assets €1,688+ Founded in 1987+ Liquidity: cash €1,688+ Equity €1,688 (100.0% of total assets)Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 48% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency
100=
equity 100.0% of total assets
Liquidity
100=
cash 100.0%
Profitability
0=
return on assets -50.8%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 0.1%lowest value
08-2026: 0.1%▲ +1.6% vs 07-2026
09-2026: 0.1%▲ +15.2% vs 08-2026
10-2026: 0.2%▲ +17.4% vs 09-2026highest value
- Size: total assets €1,688 lowers the probability for this profile
- Founded in 1987 lowers the probability for this profile
- Liquidity: cash €1,688 lowers the probability
- Equity €1,688 (100.0% of total assets) lowers the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 95%, profitability 4%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
34 d early
2023
19 d early
2022
25 d early
2021
38 d early
2020
30 d early
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 27 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close02-10-2026 today31-10-2026 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 11
- Since
- 2016
- Next accounts
- by 31-10-2026
- 26-09-2025Annual accounts filed
- 27-09-2024Annual accounts filed
- 12-10-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Founded
- 19-06-1987
- Year ends
- 31-03
- Peppol
- Not found in the Peppol directory
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.