SH Development
The computed 12-month bankruptcy probability of SH Development is 0.5% (very low). The 2024 annual accounts show equity of €36k and a net result of €29k. Its solvency ranks better than 53% of 12420 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €36k |
| Net result | €29k |
| Better than sector | 53% |
| Active | 2 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 63.3% | 60.6% | |
| Net result | €29k | €31k | |
| Equity | €36k | €63k | |
| Gross operating margin | €41k | €52k | |
| Total assets | €57k | €124k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €41k |
| Net profit | €29k |
| Cash flow | €32k |
| Staff costs | - |
| Income taxes | €8k |
| Dividends | - |
| Total assets | €57k |
| Equity | €36k |
| Debt | €21k |
| of which ≤ 1y | €21k |
| of which > 1y | - |
| Working capital | €5k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.26 |
| Quick ratio | 1.26 |
| Working capital ratio | 9.6% |
| Solvency | 63.3% |
| Debt / equity | 0.58 |
| Long-term debt ratio | - |
| Interest coverage | 34.72 |
| Gross margin | - |
| Net margin | - |
| ROA | 50.7% |
| ROE | 80.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €57k |
| Fixed assets | 21/28 | €30k |
| Tangible fixed assets | 22/27 | €30k |
| Current assets | 29/58 | €26k |
| Amounts receivable within one year | 40/41 | €13k |
| Investments | 50/53 | €13k |
| Cash & bank | 54/58 | €777 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €57k |
| Equity | 10/15 | €36k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €33k |
| Amounts payable | 17/49 | €21k |
| Amounts payable within one year | 42/48 | €21k |
| Trade debts payable within one year | 44 | €161 |
| Income statement | ||
| Gross operating margin | 9900 | €41k |
| Operating result | 9901 | €38k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €37k |
| Income taxes | 67/77 | €8k |
| Net result for the period | 9904 | €29k |
| Result to be appropriated | 9905 | €29k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 25-08-2023 |
| Status | Active |
| Postal code | 1400 |
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. |
|---|---|---|---|---|
| 25072B0507/00W002 | Wallonia | 385 m² | 1 · 93 m² | - |
| 21362B0055/00D015 | Brussels | 220 m² | 1 · 88 m² | 16.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-04-2024 Registered office moved from Etterbeek to Nivelles
- rue des Moissonneurs 18 -1040 Etterbeek → Nivelles (1400) rue de Nicosie numéro 1
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Nivelles (1400) rue de Nicosie num\u00E9ro 1",
"city": "Nivelles",
"region": "waals_gewest",
"street": "rue de Nicosie",
"country": "BE",
"postcode": "1400",
"box_number": null,
"street_number": "1",
"locality_suffix": "(1400)"
},
"old_address": {
"raw": "rue des Moissonneurs 18 -1040 Etterbeek",
"city": "Etterbeek",
"region": "brussels_hoofdstedelijk_gewest",
"street": "rue des Moissonneurs",
"country": "BE",
"postcode": "1040",
"box_number": null,
"street_number": "18",
"locality_suffix": null
},
"effective_date": "2024-04-22",
"evidence_quote": "A dater de ce jour, le si\u00E8ge social est transf\u00E9r\u00E9 \u00E0 Nivelles (1400) rue de Nicosie num\u00E9ro 1.",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-04-30",
"filing_date": "2023-12-29",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "conseil_d_administration",
"date": "2023-12-29",
"unanimous": null
},
"subject_company": {
"kbo": "0805.127.813",
"name_full": "SH Development",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Simon HALBARDIER",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | SH Development |