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Active
BE 0771.319.056Private limited companyOpen bankruptcy
SHADA
Ridder van Parijsstraat 44 ·2170 Antwerpen, Belgium· 4 yrs active
Sector: Specialised construction
(43211)
Conclusion
A bankruptcy procedure is open for SHADA according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €37k and a net result of €32k.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €37k |
| Net result | €32k |
| Staff (FTE) | 1 |
| Better than sector | 54% |
Snowflake analysis
51
/ 100
Mixed profile: strong on profitability, weaker on stability.
Health
34
Profitability
100
Solvency
73
Growth
50
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
34
/ 100
Weak
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 05-02-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 43 — Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 38.3% | 35.4% | |
| Net result | €32k | €13k | |
| Equity | €37k | €22k | |
| Gross operating margin | €83k | €31k | |
| Staff costs | €38k | €20k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2023 |
|---|---|
| Revenue | €199k |
| EBITDA | €44k |
| Net profit | €32k |
| Cash flow | €33k |
| Staff costs | €38k |
| Income taxes | €11k |
| Dividends | — |
| Total assets | €97k |
| Equity | €37k |
| Debt | €60k |
| of which ≤ 1y | €60k |
| of which > 1y | — |
| Working capital | €37k |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 1.62 |
| Quick ratio | 1.62 |
| Working capital ratio | 38.3% |
| Solvency | 38.3% |
| Debt / equity | 1.61 |
| Long-term debt ratio | — |
| Interest coverage | 167.96 |
| Gross margin | 46.2% |
| Net margin | 16.2% |
| ROA | 33.1% |
| ROE | 86.4% |
| EBITDA margin | 22.1% |
| Days sales outstanding | 68d |
| Days payable outstanding | 141d |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €97k |
| Current assets | 29/58 | €97k |
| Amounts receivable within one year | 40/41 | €94k |
| Investments | 50/53 | €3k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €97k |
| Equity | 10/15 | €37k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €4k |
| Accumulated profits (losses) | 14 | €32k |
| Amounts payable | 17/49 | €60k |
| Amounts payable within one year | 42/48 | €60k |
| Trade debts payable within one year | 44 | €41k |
| Income statement | ||
| Turnover | 70 | €199k |
| Gross operating margin | 9900 | €83k |
| Operating result | 9901 | €43k |
| Financial charges | 65 | €261 |
| Result before taxes | 9903 | €43k |
| Income taxes | 67/77 | €11k |
| Net result for the period | 9904 | €32k |
| Result to be appropriated | 9905 | €32k |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | KJELL SWARTELE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
04-02-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Specialised construction(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 13-07-2021 |
| Status | Active |
| Postal code | 2170 |
| First BS signal | 11-02-2025 |
| Latest BS signal | 11-02-2025 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
SHADA
since 20212.319.386.301
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0413/00F007 | Flanders | 260 m² | 1 · 174 m² | 8.9 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
11-02-2025
Bankruptcy
Opening
2024
05-02-2024
NBB filing
Annual accounts filed
2023
23-02-2023
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
11-02-2025
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211
Primary activity highlighted.
Names & trade names
| Legal nameNL | SHADA |
Registered office
Ridder van Parijsstraat 44
2170 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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