SH
The computed 12-month bankruptcy probability of SH is 10.1% (high). The 2023 annual accounts show negative equity (€-11k) and a net result of €-2k. Equity is shrinking by ~49.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 5630 sector peers (fiscal year 2023). The company has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-11k |
| Net result | €-2k |
| Better than sector | 5% |
| Active | 15 yrs |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -1911.2% | 20.1% | |
| Net result | €-2k | €3k | |
| Equity | €-11k | €15k | |
| Gross operating margin | €-1k | €23k | |
| Total assets | €570 | €92k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-2k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €570 |
| Equity | €-11k |
| Debt | €11k |
| of which ≤ 1y | €11k |
| of which > 1y | - |
| Working capital | €-11k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 0.05 |
| Quick ratio | 0.05 |
| Working capital ratio | -1911.2% |
| Solvency | -1911.2% |
| Debt / equity | -1.05 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -298.3% |
| ROE | 15.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €570 |
| Current assets | 29/58 | €570 |
| Amounts receivable within one year | 40/41 | €556 |
| Cash & bank | 54/58 | €14 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €570 |
| Equity | 10/15 | €-11k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-19k |
| Amounts payable | 17/49 | €11k |
| Amounts payable within one year | 42/48 | €11k |
| Trade debts payable within one year | 44 | €363 |
| Income statement | ||
| Gross operating margin | 9900 | €-1k |
| Operating result | 9901 | €-2k |
| Financial charges | 65 | €185 |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | Non-specialised food retail(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 26-11-2010 |
| Status | Active |
| Postal code | - |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13435C1288/00M004 | Flanders | 1,119 m² | 1 · 884 m² | 11.4 m · 2 fl. |
| 21526D0280/00P007 | Brussels | 302 m² | 1 · 300 m² | 14.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
20-08-2024 Registered office moved from Ans to Molenbeek-Saint-Jean
- Rue Walthère Jamar 307, 4430 Ans → Rue de Koninck 83, 1080 Molenbeek-Saint-Jean
Technical details
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"events": [
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"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue de Koninck 83, 1080 Molenbeek-Saint-Jean",
"city": "Molenbeek-Saint-Jean",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue de Koninck",
"country": "BE",
"postcode": "1080",
"box_number": null,
"street_number": "83",
"locality_suffix": null
},
"old_address": {
"raw": "Rue Walth\u00E8re Jamar 307, 4430 Ans",
"city": "Ans",
"region": "waals_gewest",
"street": "Rue Walth\u00E8re Jamar",
"country": "BE",
"postcode": "4430",
"box_number": null,
"street_number": "307",
"locality_suffix": null
},
"effective_date": "2024-06-30",
"evidence_quote": "Le transfert du si\u00E8ge social \u00E0 Rue de Koninck 83, 1080 Molenbeek-Saint-Jean \u00E0 partir d\u0027aujourd\u0027hui.",
"region_changed": true,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
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}
],
"notary": {
"name": "Vira Kiritcumar",
"firm_city": null,
"firm_name": null,
"office_city": "Molenbeek-Saint-Jean",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-08-20",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2024-06-30",
"unanimous": true
},
"subject_company": {
"kbo": "0831.404.717",
"name_full": "SH",
"legal_form": "SRL"
},
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"org_kbo": null,
"org_name": null,
"person_name": "Vira Kiritcumar",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Proc\u00E8s-verbal de l\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire du 30/06/2024"
]
}14-12-2022 1 director appointed, 2 resigning
- Muhammad AWAN, Administrateur non statutaire
- Azka KHAN, Gérant
- Muhammad AWAN, Gérant
Technical details
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},
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}
}06-11-2020 AWAN MUHAMMAD MAZHAR appointed as gérant
- AWAN MUHAMMAD MAZHAR, Gérant
Technical details
{
"events": [
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}09-11-2017 1 director appointed, 1 resigning
- KHAN AZKA, Gérant
- MAJID MAHMOOD, Gérant
Technical details
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"events": [
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}11-01-2017 4 resigning
- AWAN MUHAMMAD MAZHAR, Gérant
- SHEIKH AISHA YASMINE, Gérant
- KHAN MUHAMMAD FAROOQ, Gérant
- KHAN RIFAT MUBASHAR, Gérant
Technical details
{
"events": [
{
"kind": "director_out",
"role": "g\u00E9rant",
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"address": null,
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},
{
"kind": "director_out",
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{
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{
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}09-12-2015 3 directors appointed
- AWAN MUHAMMAD MAZHAR, Gérant
- AZKA KHAN, Signataire
- MAJID MAHMOOD, Signataire
Technical details
{
"events": [
{
"kind": "director_in",
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}
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SH |
- 29-09-2025 Address struck