ShabéBen
ActiveShabéBen has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €29k. Equity is shrinking by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 1505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +87 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency80▲+67
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 0.9 in 2024), but 56.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.5%
Return on assets
36.1%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
31 d late
2023
78 d late
2022
30 d late
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 491%
2024 · €6k
2022: €49k
2023: €53k
2024: €6k
2022 → 2025
Total assets
€79k▼ 17.9%
2024 · €96k
2022: €158k
2023: €110k
2024: €96k
2022 → 2025
Net result
€29k
2024 · €-47k
2022: €11k
2023: €4k
2024: €-47k
2022 → 2025
Working capital
€28k
2024 · €-9k
2022: €13k
2023: €25k
2024: €-9k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€49k-€53k▲ 8.1%€6k▼ 89.0%€34k▲ 491%
Operating result€18k-€8k▼ 53.2%€-44k€38k
Net result€11k-€4k▼ 65.2%€-47k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €38k after a loss of €44k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€7k▼ 54.9%
Current assets
€72k▼ 11.3%
Equity and liabilities €79k
Equity
€34k▲ 491%
Debt
€45k▼ 50.6%
The debt ratio falls from 94.0% to 56.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€51k▲
2024 · €-23k
Cash flow
€41k▲
2024 · €-26k
Solvency
43.5%▲
2024 · 6.0%
Current ratio
1.62▲
2024 · 0.90
Quick ratio
1.62▲
2024 · 0.90
Debt / equity
1.30▼
2024 · 15.55
ROE
83.1%▲
2024 · -805.7%
ROA
36.1%▲
2024 · -48.7%
Interest coverage
17.50▲
2024 · -7.91
Debt
€45k▼
2024 · €90k
Debt ≤ 1 year
€45k▼
2024 · €90k
Income taxes
€7k▲
2024 · €310
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€96k€79k▼
Fixed assets21/28€15k€7k▼
Tangible fixed assets22/27€15k€7k▼
Furniture and vehicles24€12k€5k▼
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€25€25=
Current assets29/58€82k€72k▼
Amounts receivable within one year40/41€58k€61k▲
Trade receivables40€50k€61k▲
Other amounts receivable41€9k€0▼
Cash at bank and in hand54/58€21k€11k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€96k€79k▼
Equity10/15€6k€34k▲
Contributions10/11€300€330▲
Reserves13€6k€32k▲
Non-distributable reserves130/1€30€0▼
Reserves not available under the articles1311€30€0▼
Tax-exempt reserves132€6k€6k=
Distributable reserves133-€26k
Profit (loss) carried forward14€-981€2k▲
Amounts payable17/49€90k€45k▼
Amounts payable within one year42/48€90k€45k▼
Current portion of amounts payable after more than one year42€7k€0▼
Trade debts44€62k€25k▼
Suppliers440/4€62k€25k▼
Taxes, remuneration and social security45€18k€14k▼
Taxes450/3€18k€14k▼
Other amounts payable47/48€4k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€13k▼
Other operating charges640/8€8k€2k▼
Gross operating margin9900€-15k€53k▲
Operating profit (loss)9901€-44k€38k▲
Financial income75/76B€237€3▼
Recurring financial income75€237€3▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-47k€35k▲
Income taxes67/77€310€7k▲
Profit (loss) for the period9904€-47k€29k▲
Profit (loss) for the period to be appropriated9905€-47k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-981€28k▲
Profit (loss) brought forward from the previous period14P€46k€-981▼
Transfer to equity691/2-€26k
To other reserves6921-€26k
The notes to these accounts (9 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-47k ▼1287%
Net result drops to €-47k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waterloo · 1 establishment unit since 2002
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.
Avenue Marie-Louise 601410 WaterlooGround area
175 m²
Building footprint
201 m²
Volume, LiDAR
1,050 m³
Parcel 25763K0615/00_000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MASSALA
since 20022.099.153.343
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25763K0615/00_000 | Wallonia | 175 m² | 1 · 201 m² | 7.7 m · 2 fl. |
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
Wallonia-Brussels Federation
2021 to 2022 · 2 entries · 4,000 EUR in total| Year | Entries | paid |
|---|---|---|
| 2022 | 1 | 500 EUR |
| 2021 | 1 | 3,500 EUR |
Similar companies · same sector, comparable size
Poolhert Productions
BE 0640.784.671
Gent · Eq €34k
Monsieur Michel
BE 0685.584.815
Balen · Eq €34k
BLACKSMITH FILMWORKS
BE 0461.612.706
Jodoigne · Eq €34k
SLAK
BE 0666.636.062
Lille · Eq €35k
Les p'tites images d'Ernest
BE 0808.651.188
Cerfontaine · Eq €35k
Of 1,058 companies in sector 59120 we hold annual accounts for 451. 358 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2002
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
92114
80421
85592Vocational training
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.