SH GROEP has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €37.97M and a net result of €65k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 85% of 8601 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 20-07-2026, 11 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
11 d early
2024
9 d early
2023
30 d late
2022
31 d late
2021
30 d early
2020
17 d late
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€37.97M▲ 0.2%
2024 · €37.90M
2018: €37.43M
2019: €37.48M
2020: €37.57M
2021: €37.60M
2022: €37.64M
2023: €37.77M
2024: €37.90M
2018 → 2025
Total assets
€42.69M▲ 11.4%
2024 · €38.31M
2018: €37.74M
2019: €37.65M
2020: €37.68M
2021: €37.70M
2022: €38.02M
2023: €38.14M
2024: €38.31M
2018 → 2025
Net result
€65k▼ 51.5%
2024 · €134k
2018: €114k
2019: €59k
2020: €82k
2021: €29k
2022: €47k
2023: €124k
2024: €134k
2018 → 2025
Working capital
€644k▲ 7.9%
2024 · €597k
2018: €147k
2019: €212k
2020: €300k
2021: €330k
2022: €377k
2023: €500k
2024: €597k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37.60M-€37.64M▲ 0.1%€37.77M▲ 0.3%€37.90M▲ 0.4%€37.97M▲ 0.2%
Operating result€40k-€68k▲ 71.3%€176k▲ 156%€185k▲ 5.3%€119k▼ 35.5%
Net result€29k-€47k▲ 62.6%€124k▲ 163%€134k▲ 7.4%€65k▼ 51.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42.69M
Fixed assets
€37.32M▲ 0.1%
Current assets
€5.36M▲ 435%
Equity and liabilities €42.69M
Equity
€37.97M▲ 0.2%
Debt
€4.72M▲ 1,062%
The debt ratio rises from 1.1% to 11.1%. Equity and debt are higher.
Key figures and ratios
Solvency
88.9%▼
2024 · 98.9%
ROE
0.2%▼
2024 · 0.4%
ROA
0.2%▼
2024 · 0.3%
Debt
€4.72M▲
2024 · €406k
Debt ≤ 1 year
€4.72M▲
2024 · €406k
Income taxes
€30k▼
2024 · €49k
Staff costs
€223k▲
2024 · €170k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€38.31M€42.69M▲
Fixed assets21/28€37.30M€37.32M▲
Intangible fixed assets21€8k€15k▲
Tangible fixed assets22/27€115k€128k▲
Plant, machinery and equipment23€35k€36k▲
Furniture and vehicles24€2k€10k▲
Other tangible fixed assets26€78k€83k▲
Financial fixed assets28€37.18M€37.18M=
Current assets29/58€1.00M€5.36M▲
Amounts receivable within one year40/41€957k€2.52M▲
Trade receivables40€661k€422k▼
Other amounts receivable41€296k€2.10M▲
Cash at bank and in hand54/58€34k€2.82M▲
Deferred charges and accrued income490/1€13k€25k▲
Equity and liabilities
Total equity and liabilities10/49€38.31M€42.69M▲
Equity10/15€37.90M€37.97M▲
Contributions10/11€37.17M€37.17M=
Reserves13€731k€796k▲
Distributable reserves133€731k€796k▲
Amounts payable17/49€406k€4.72M▲
Amounts payable within one year42/48€406k€4.72M▲
Trade debts44€47k€238k▲
Suppliers440/4€47k€238k▲
Taxes, remuneration and social security45€101k€92k▼
Taxes450/3€73k€56k▼
Remuneration and social security454/9€28k€36k▲
Other amounts payable47/48€258k€4.39M▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€170k€223k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€36k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€383k€381k▼
Operating profit (loss)9901€185k€119k▼
Financial income75/76B€0€14k▲
Recurring financial income75€0€14k▲
Financial charges65/66B€2k€38k▲
Recurring financial charges65€2k€38k▲
Profit (loss) for the period before taxes9903€183k€95k▼
Income taxes67/77€49k€30k▼
Profit (loss) for the period9904€134k€65k▼
Profit (loss) for the period to be appropriated9905€134k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€134k€65k▼
Transfer to equity691/2€134k€65k▼
To other reserves6921€134k€65k▼
Social balance
Average headcount (FTE)90872.63.4▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €134k ▲7.4%
Operating result €185k, net result €134k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €29k ▼64.5%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
05-01-2024
Martens: Resigned as Director
05-01-2024
Vandenborre: Resigned as Director
01-06-2022
DIMITRI HUBERT MARTENS: Resigned as Director
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vinktstraat 19800 DeinzeGround area
3,355 m²
Building footprint
459 m²
Parcel 44078A0541/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
SH GROEP
since 20172.261.030.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44078A0541/00L000 | Flanders | 3,355 m² | 1 · 459 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,326 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 2,326 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 2,451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2017
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.