SHAABI
Open bankruptcyA bankruptcy procedure is open for SHAABI according to publications in the Belgian State Gazette; curator: STEFAAN DE BOECK.
Summary
The 2025 annual accounts show equity of €8,417 and a net result of €32,854.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 7 May 2026
- Supervising judge
- Ann Musschoot
- Official Gazette
- 21-05-2026 (pdf) ↗search the document for 2026/121952
Curator
- Stefaan De BoeckKoninklijkelaan 60, 2600 Berchem (Antwerpen)stefaan.de.boeck@gvgadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
43 d early
2022
41 d early
2021
40 d early
2020
38 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Artisanal bread and fresh pastry making sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€8,417
2024 · -€24,436
Total assets
€21,495▲ 18.0%
2024 · €18,216
Net result
€32,854▼ 12.5%
2024 · €37,568
Working capital
€903
2024 · -€34,801
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,138-€30,237-€5,084▲ 83.2%€37,926€36,235▼ 4.5%
Net result€3,201-€58,580-€5,516▲ 90.6%€37,568€32,854▼ 12.5%
Equity€2,091-€56,489-€62,005▼ 9.8%-€24,436▲ 60.6%€8,417
Total assets€45,050▼ 15.5%€42,242▼ 6.2%€27,410▼ 35.1%€18,216▼ 33.5%€21,495▲ 18.0%
Debt€42,958▼ 21.1%€98,731▲ 130%€89,414▼ 9.4%€42,652▼ 52.3%€13,078▼ 69.3%
Working capital-€25,640▲ 18.6%-€81,407▼ 217%-€78,540▲ 3.5%-€34,801▲ 55.7%€903
Staff (FTE)5.8▲ 45.0%6.3▲ 8.6%5.4▼ 14.3%4.4▼ 18.5%3.9▼ 11.4%
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 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21,495
Fixed assets
€7,649 ▼ 26.2%
Current assets
€13,845 ▲ 76.4%
Equity and liabilities €21,495
Equity
€8,417
Debt
€13,078
Debt finances 60.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€40,010▼
2024 · €47,847
Cash flow
€36,629▼
2024 · €47,489
Current ratio
1.07▲
2024 · 0.18
Quick ratio
0.87▲
2024 · 0.11
Debt to equity
1.55▲
2024 · -1.75
ROE
390.3%
ROA
152.8%▼
2024 · 206.2%
Debt ≤ 1 year
€12,942▼
2024 · €42,652
Debt > 1 year
€135
Income taxes
€3,382
Staff costs
€68,106▼
2024 · €78,002
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €134,054 | €129,177 | €107,443 | €78,002 | €68,106 | ▼ 12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,638 | €12,152 | €12,051 | €9,921 | €3,775 | ▼ 61.9% |
| Gross operating margin9900 | €152,830 | €111,092 | €114,410 | €125,849 | €108,116 | ▼ 14.1% |
| Operating profit (loss)9901 | €4,138 | -€30,237 | -€5,084 | €37,926 | €36,235 | ▼ 4.5% |
| Financial charges65/66B | €938 | €169 | €431 | €358 | - | - |
| Recurring financial charges65 | €938 | €169 | €431 | €358 | - | - |
| Profit (loss) for the period before taxes9903 | €3,201 | -€30,406 | -€5,516 | €37,568 | €36,235 | ▼ 3.5% |
| Income taxes67/77 | - | €28,174 | - | - | €3,382 | - |
| Profit (loss) for the period9904 | €3,201 | -€58,580 | -€5,516 | €37,568 | €32,854 | ▼ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €3,201 | -€58,580 | -€5,516 | €37,568 | €32,854 | ▼ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,050 | €42,242 | €27,410 | €18,216 | €21,495 | ▲ 18.0% |
| Fixed assets21/28 | €37,414 | €28,587 | €16,536 | €10,365 | €7,649 | ▼ 26.2% |
| Tangible fixed assets22/27 | €32,414 | €23,587 | €11,536 | €10,365 | €7,649 | ▼ 26.2% |
| Plant, machinery and equipment23 | €27,628 | €18,296 | €9,191 | €8,695 | €7,199 | ▼ 17.2% |
| Furniture and vehicles24 | €2,386 | €4,091 | €2,345 | €1,670 | €450 | ▼ 73.1% |
| Other tangible fixed assets26 | €2,400 | €1,200 | - | - | - | - |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | - | - | - |
| Current assets29/58 | €7,636 | €13,655 | €10,874 | €7,851 | €13,845 | ▲ 76.4% |
| Stocks and contracts in progress3 | €2,030 | €8,903 | €6,010 | €3,120 | €2,570 | ▼ 17.6% |
| Stocks30/36 | €2,030 | €8,903 | €6,010 | €3,120 | €2,570 | ▼ 17.6% |
| Amounts receivable within one year40/41 | - | €3,000 | €3,509 | €3,000 | €8,945 | ▲ 198% |
| Trade receivables40 | - | - | €509 | - | - | - |
| Other amounts receivable41 | - | €3,000 | €3,000 | €3,000 | €8,945 | ▲ 198% |
| Cash at bank and in hand54/58 | €5,606 | €1,752 | €1,355 | €1,731 | €2,330 | ▲ 34.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,050 | €42,242 | €27,410 | €18,216 | €21,495 | ▲ 18.0% |
| Equity10/15 | €2,091 | -€56,489 | -€62,005 | -€24,436 | €8,417 | ▲ 134% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €34,804 | €34,804 | €34,804 | €34,804 | €34,804 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €32,944 | €32,944 | €32,944 | €32,944 | €32,944 | = |
| Profit (loss) carried forward14 | -€51,313 | -€109,893 | -€115,409 | -€77,840 | -€44,987 | ▲ 42.2% |
| Amounts payable17/49 | €42,958 | €98,731 | €89,414 | €42,652 | €13,078 | ▼ 69.3% |
| Amounts payable after more than one year17 | €9,682 | €3,669 | - | - | €135 | - |
| Financial debts170/4 | €9,682 | €3,669 | - | - | €135 | - |
| Amounts payable within one year42/48 | €33,276 | €95,063 | €89,414 | €42,652 | €12,942 | ▼ 69.7% |
| Financial debts43 | - | €3,992 | €5,067 | - | - | - |
| Credit institutions430/8 | - | €3,992 | €5,067 | - | - | - |
| Trade debts44 | €11,722 | €40,258 | €18,089 | €8,561 | €12,076 | ▲ 41.0% |
| Suppliers440/4 | €11,722 | €40,258 | €18,089 | €8,561 | €12,076 | ▲ 41.0% |
| Taxes, remuneration and social security45 | €7,190 | €7,841 | €5,179 | €549 | €867 | ▲ 57.9% |
| Taxes450/3 | €5,247 | €4,501 | €1,161 | €549 | €867 | ▲ 57.9% |
| Remuneration and social security454/9 | €1,944 | €3,340 | €4,018 | - | - | - |
| Other amounts payable47/48 | €14,364 | €42,972 | €61,079 | €33,542 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,201 | -€58,580 | -€5,516 | €37,568 | €32,854 | ▼ 12.5% |
| + Depreciation and write-downs630 | €14,638 | €12,152 | €12,051 | €9,921 | €3,775 | ▼ 61.9% |
| Operating cash flow (approximation) | €17,839 | -€46,428 | €6,536 | €47,489 | €36,629 | ▼ 22.9% |
| Investment in fixed assets (approximation) | - | -€3,325 | €0 | -€3,750 | -€1,060 | ▲ 71.7% |
| Change in cash | - | -€3,854 | -€397 | €376 | €599 | ▲ 59.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
21-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 07-05-2026
2025
31-12
Financial
Liquidity times 6current ratio 1.07
Current ratio from 0.18 to 1.07; short-term debt falls from €42,652 to €12,942.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €37,568
Net result €37,568 after 2 loss-making years.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€58,580
Net result drops to -€58,580, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3,201
Net result €3,201 after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Back to profitnet €4,246
Net result €4,246 after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 16.79
Current ratio from 2.15 to 16.79; short-term debt falls from €6,722 to €634.
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 44 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
17 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2007
Ground area
138 m²
Building footprint
137 m²
Volume, LiDAR
1,179 m³
Parcel 11809I2407/00Z008, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SHAABI
since 20072.175.378.121
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2407/00Z008 | Flanders | 138 m² | 1 · 137 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEFAAN DE BOECK KONINKLIJKELAAN 60,
2600 BERCHEM (ANTWERPEN) |
07-05-2026 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.175.378.121
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Of 4,228 companies in sector 10712 we hold annual accounts for 1,874. 843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded15-10-2007
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
E-invoicing
Reachable via Peppol
Peppol ID
0208:0892808388
Also
9925:BE0892808388
Registered
08-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.