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SH HOLDING

Active
Private limited companyfounded 20215 yrs activeSint-Martenslinde 25, 1860 Meise, BelgiumKBO/BCE: BE 0768.922.166
Summary

The computed 12-month bankruptcy probability of SH HOLDING is 5.9% (elevated). The 2025 annual accounts show equity of €101,463 and a net result of €34,771. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 16142 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
SH HOLDINGActiveChecked score 36/100
Risk analysis ReportCompare

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56101Limited-service restaurants NACE 56102
#10 company by total assets in Meise, Accommodation and food service sector
Size
€484,157turnover 2025
Staff
4.3 FTE
Equity
€101,463
Profit
€34,771
Financial health
36 Weak Checked score 2025
Bankruptcy chance 12 m
5.9%
Structure
Accounts 77 d early1 of 3 deeds read
Why 36- Sector Food and beverage service activities (NACE 56)- Founded in 2021- 1 of the last 3 late- No establishment unit in the KBOShow the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 42% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 41-25
equity 16.3% of total assets
Liquidity 47+5
short-term debt 15.7% · cash 0.5%
Profitability 82+9
return on assets 5.6%
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,690 companies)
Last 24 months 11-2024: 6.5% 12-2024: 6.9%▲ +6.6% vs 11-2024 01-2025: 11.5%▲ +67.0% vs 12-2024highest value 02-2025: 10.8%▼ -6.4% vs 01-2025 03-2025: 7.0%▼ -35.4% vs 02-2025 04-2025: 7.0%● 0.0% vs 03-2025 05-2025: 7.0%● 0.0% vs 04-2025 06-2025: 6.9%▼ -0.1% vs 05-2025 07-2025: 6.9%● 0.0% vs 06-2025 08-2025: 6.9%● 0.0% vs 07-2025 09-2025: 6.9%● 0.0% vs 08-2025 10-2025: 6.9%● +0.0% vs 09-2025 11-2025: 7.1%▲ +2.5% vs 10-2025 12-2025: 7.1%● 0.0% vs 11-2025 01-2026: 7.1%● -0.0% vs 12-2025 02-2026: 7.1%● 0.0% vs 01-2026 03-2026: 7.6%▲ +7.2% vs 02-2026 04-2026: 7.7%▲ +0.4% vs 03-2026 05-2026: 7.9%▲ +3.4% vs 04-2026 06-2026: 6.1%▼ -22.4% vs 05-2026 07-2026: 6.2%▲ +0.7% vs 06-2026 08-2026: 6.2%▲ +0.7% vs 07-2026 09-2026: 5.9%▼ -5.0% vs 08-2026lowest value 10-2026: 5.9%● 0.0% vs 09-2026lowest value
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Founded in 2021 raises the probability for this profile
  • 1 of the last 3 late raises the probability
  • No establishment unit in the KBO raises the probability
Credit up to €3,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.73 against 0.75 in 2024; short-term debt: 15.7% and cash: 0.5% of total assets), and 83.7% of the assets are financed with debt.
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 (NACE 56, micro). Better than this share of them on solvency 38%, liquidity 43%, profitability 69%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. 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

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Founded in 2021
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · No establishment unit in the KBO
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
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 15-05-2026, 77 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
77 d early
2024
162 d early
2023
128 d late
2022
39 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 3 June (3 of the last 4 filed years within 104 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. BenamingName change · Statutes amendment
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Highest result since 2022net €34,771 ▲37.3%

Key points

  • Positive: Company by total assets in Meise, Accommodation and…in the Checked rankings #10 View
  • Caution: Turnover fell in 2025from €678,542 to €484,157 ▼ 28.6% View
  • Turnover 20254 fiscal years filed €484,157 View

By topic

Financials

Fiscal year
2025
Turnover
€484,157
Profit
€34,771
Solvency
16.3%
Turnover▼ 28.6%
Net result
20222025
Go to Financials

Timeline

Events
8
Since
2023
Next accounts
by 31-07-2027
  1. 01-10-2026Benaming
  2. 15-05-2026Annual accounts filed
  3. 31-12-2025Highest result since 2022
Go to Timeline

Company details

Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
31-05-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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