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SHAAN

Active
Private limited companyfounded 200224 yrs activeNijverheidskaai 127, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0477.204.861
Summary

SHAAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.4m and a net result of €62,425. Equity is growing by ~4.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.2% (low).

Risk analysisWatch ReportCompare
SHAANActiveChecked score 53/100
Risk analysis ReportCompare

Overview

What they do
Wholesale trade
NACE 46391Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110NACE 47112
#8 company by total assets in Sint-Jans-Molenbeek, Wholesale and retail trade sector2 sites
How big
€9.4mturnover 2024
Staff
13.7 FTE
Equity
€2.4m
Profit
€62,425
Financially healthy?
53 Fair Checked score 2024
Bankruptcy chance 12 m
1.2%
Who decides
Accounts 63 d overdue1 of 13 deeds read
Why 53- Higher-failure-rate region- Multiple establishment units- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence

Checked score

Score 2024
53 / 100
Fair
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40▼-4
Solvency63▲+5
Growth53▼-2
Track record100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.37 in 2023; short-term debt: 46.7% and cash: 3.4% of total assets), and 62.3% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
37.7%
Return on assets
1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
18 d late
2023
48 d late
2022
47 d early
2021
99 d late
2020
31 d late
2019
98 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
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. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · unclassified…
  3. Annual accounts filedfiscal year 2023 · unclassified…

Key points

  • Caution: Result fell in 2024from €132,143 to €62,425 ▼ 52.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Positive: Company by total assets in Sint-Jans-Molenbeek, Wholesale and…in the Checked rankings #8 View
  • Positive: 7 profitable years in a rowprofit 2024: €62,425 7 years View
  • Known shareholdersaccounts at 31-12-2023 100% View

By topic

Financials

Fiscal year
2024
Turnover
€9.4m
Profit
€62,425
Solvency
37.7%
Turnover▼ 15.1%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 29-05-2026Registered office
  2. 18-08-2025Annual accounts filed
  3. 17-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Wholesale tradeNACE 46391
Founded
29-03-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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