Financials
- Financial year
- 2022
- Total assets
- €29,687
- Profit
- €2,114
- Solvency
- 68.4%
Total assets▼ 0.8%
Net result
20182022
SHAHEEN
ActiveSummary
For SHAHEEN, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €20,295 and a net result of €2,114. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 68% of 359 sector peers (NACE 02, financial year 2022). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Logging
NACE 02200
1 site
Size
€29,687total assets 2022
- Equity
- €20,295
- Profit
- €2,114
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 1.4%
2022 figures too old to score
Structure
- SARDAR MohammadDirector
Accounts 814 days overdue1 of 4 deeds read
Signalsraises riskFigures for financial year 2022 (filed 10-10-2023)3 financial years not filed after the legal deadline; latest accounts 64 days late; 3 of the last 3 lateTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSector: Forestry and logging (NACE 02)Liquidity: current ratio 3.16, cash €14,887neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Strong
Solvency
93+7
equity 68.4% of total assets
Liquidity
86+4
short-term debt 31.6% · cash 50.1%
Profitability
55-29
return on assets 7.1%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%lowest value
12-2024: 0.4%▲ +0.2 percentage points vs 11-2024
01-2025: 0.9%▲ +0.5 percentage points vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 1.0%▲ +0.1 percentage points vs 02-2025
04-2025: 0.9%▼ -0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 0.9%● unchanged vs 06-2025
08-2025: 1.4%▲ +0.5 percentage points vs 07-2025
09-2025: 1.4%● unchanged vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.8%▲ +0.4 percentage points vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025highest value
02-2026: 1.8%● unchanged vs 01-2026highest value
03-2026: 1.8%● unchanged vs 02-2026highest value
04-2026: 1.5%▼ -0.3 percentage points vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.5%● unchanged vs 06-2026
08-2026: 1.4%▼ -0.1 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.4%● unchanged vs 09-2026
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Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline23-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-10-2023, 64 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
64 days late
2021
113 days late
2020
82 days late
2019
447 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 177 days after the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout annulation
- Resignation: AKRAM Muhammad (manager)Appointment: SARDAR Mohammad (director) ·…
- Annual accounts filedfinancial year 2022 · micro…
- Annual accounts filedfinancial year 2021 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- SARDAR MohammadDirector
Timeline
- Events
- 28
- Since
- 2000
- 01-12-2021Strikeout annulation
- 21-10-2021Annual accounts filed
- 21-10-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- LoggingNACE 02200
- Founded
- 21-11-1997
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 41
- Who signs
- Each director alone
- Annual meeting
- First Monday of June at 18:00
- Purpose
- “La tenue de supermarché, d'épicerie, de night-shops; L'achat, la vente, l'importation…” (deed in French)
- Statutory auditor
- No statutory auditor
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