Skip to content

SH Roof Projects

Active
Private limited companyfounded 2019active for 7 yearsSint Rochuswegel 28, 9890 Gavere, BelgiumKBO/BCE: BE 0733.805.097
Summary

SH Roof Projects has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134,865 and a net result of €299,047. Equity has been growing by about 30% per year since 2019. Its solvency ranks better than 10% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 08-09-2019 Normal situation
Activity
Roofing work NACE 43410and 1 other
Establishment unit
2.293.104.843 9890 Gavere, since 08-09-2019
Financial year end
31 December
Peppol
Reachable since 31-10-2023

Board and ownership

Board
  • Holvoet StevenDirector

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€755,546
▲ 14.8%
Turnover
≈ €2.1m
estimated
Profit
€299,047
▲ 6.2%
Equity
€134,865
▼ 82.2%
Total assets
€2.0m
▼ 2.2%
Employees on 31-12-2025
2
▼ 50.0%
Filed on 30-06-2026, 31 days before the deadline
Score breakdownraises riskEquity €134,865 (6.7% of total assets)lowers riskSize: 3.6 FTE, total assets €2.0mLiquidity: current ratio 1.00, cash €765,176Figures for financial year 2025 (filed on 30-06-2026)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 32-30
equity 6.7% of total assets
Liquidity 65-16
short-term debt 61.6% · cash 38.1%
Profitability 87+1
return on assets 14.9%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.4 percentage points vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026highest value 09-2026: 0.6%● unchanged vs 08-2026highest value 10-2026: 0.6%● unchanged vs 09-2026highest value 11-2026: 0.6%● unchanged vs 10-2026highest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.0 (2.9 in 2024), below the usual 1.5. Short-term debt is 61.6% and cash 38.1% of total assets. 93.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 12% of them on solvency, 64% on liquidity, 72% on profitability and 5% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €134,865 (6.7% of total assets)
NBB · annual accounts
lowers risk · Size: 3.6 FTE, total assets €2.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.00, cash €765,176
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9883 sector peers (2025).
NBB · sector comparison
Position among 9883 sector peers
Solvency
better than 10%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
31 days early
2024
35 days early
2023
41 days early
2022
53 days early
2021
52 days early
2020
51 days early
2019
50 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €756,312 to €134,865 ▼ 82.2% View
  • Caution: Lower solvency than 90% of companies in specialised constructionsector median 44.0% · 9,883 companies 6.7% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €299,047 7 years View

Recent changes

  1. · Gazette deed Amendment of the articles
  2. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as SH Roof Projects: roofing work (NACE 43410). They are comparable in size and age: total assets between €1.4m and €2.2m, founded between 2015 and 2021.

CompanyTotal assetsGross margin
SH Roof Projects Gavere€2.0m€0.8m
Dakwerken Pieter Logghe Ichtegem€1.4m€0.9m
FUCHS CONSTRUCT Herentals€1.8m€0.5m
VB-TEC Pittem€2.0m€0.4m
A & L dakwerken ALEX Hechtel-Eksel€1.4m€0.7m
VAN RIJSSEGHEM Lokeren€2.2m€0.4m
ITALZ dak- en gevelwerken Berlaar€2.0m€0.6m
Full comparison

Key facts about SH Roof Projects

What is the company number of SH Roof Projects?
The company number of SH Roof Projects is 0733.805.097. The VAT number is the same number with BE in front: BE 0733.805.097.
Where is SH Roof Projects based?
The registered office is at Sint Rochuswegel 28, 9890 Gavere.Company details
What does SH Roof Projects do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of SH Roof Projects?
The legal form of SH Roof Projects is Private limited company (BV).
When was SH Roof Projects founded?
SH Roof Projects was founded on 08-09-2019.
Is SH Roof Projects still active?
Yes, SH Roof Projects is an active enterprise in the KBO register.
How many employees does SH Roof Projects have?
SH Roof Projects had an average of 3.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of SH Roof Projects?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €755,546 and 145 comparable companies (NACE 43). It probably lies between €1.6m and €2.8m.
Is SH Roof Projects profitable?
In financial year 2025, SH Roof Projects made a profit of €299,047.
Where can I find the annual accounts of SH Roof Projects?
SH Roof Projects filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SH Roof Projects due?
SH Roof Projects must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.