SHAHEEN EXPRESS

Active

Private limited companyfounded 20215 yrs activeKBO/BCE: BE 0766.724.622

Summary

The computed 12-month bankruptcy probability of SHAHEEN EXPRESS is ≥ 25% (high). For SHAHEEN EXPRESS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €1,415 and a net result of €10,730. The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch Report Compare

SHAHEEN EXPRESSActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€216,210turnover 2022

Equity: €1,415
Profit: €10,730

Financial health

Bankruptcy chance 12 m: ≥ 25%

2022 figures too old to score

Structure

Accounts 795 d overdue0 of 2 deeds read

Signals- Ex-officio strike-off in the KBO- 1 change of registered office in 24 months- No main activity registered- 3 financial years not filed after the legal deadline; latest accounts 112 days late; 2 of the last 3 late- Two or more financial years not filed- Filed more than 90 days late- Administrative warnings in the KBO publicationsShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2022 · tick = 2021

Weak

Solvency 30+30

equity 4.8% of total assets

Liquidity 7+7

short-term debt 95.2% · cash 5.2%

Profitability 81+81

return on assets 36.7%

Bankruptcy probability, 12 months

≥ 25% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 10.6%lowest value 12-2024: 19.2%▲ +81.7% vs 11-2024 01-2025: 22.0%▲ +14.4% vs 12-2024 02-2025: 22.0%● 0.0% vs 01-2025 03-2025: 22.0%● 0.0% vs 02-2025 04-2025: 21.6%▼ -1.7% vs 03-2025 05-2025: 21.6%● 0.0% vs 04-2025 06-2025: 21.6%▼ -0.2% vs 05-2025 07-2025: 21.6%● 0.0% vs 06-2025 08-2025: 22.0%▲ +1.9% vs 07-2025 09-2025: 22.0%● 0.0% vs 08-2025 10-2025: 22.1%▲ +0.6% vs 09-2025 11-2025: ≥ 25%▲ +58.2% vs 10-2025 12-2025: ≥ 25%▲ +12.4% vs 11-2025highest value 01-2026: ≥ 25%● 0.0% vs 12-2025highest value 02-2026: ≥ 25%● 0.0% vs 01-2026highest value 03-2026: ≥ 25%● 0.0% vs 02-2026highest value 04-2026: ≥ 25%▼ -1.4% vs 03-2026 05-2026: ≥ 25%● 0.0% vs 04-2026 06-2026: ≥ 25%● 0.0% vs 05-2026 07-2026: ≥ 25%● -0.0% vs 06-2026 08-2026: ≥ 25%▼ -2.7% vs 07-2026 09-2026: ≥ 25%● 0.0% vs 08-2026 10-2026: ≥ 25%● 0.0% vs 09-2026

Ex-officio strike-off in the KBO raises the probability
1 change of registered office in 24 months raises the probability
No main activity registered raises the probability
3 financial years not filed after the legal deadline; latest accounts 112 days late; 2 of the last 3 late raises the probability

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Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk

Ex-officio strike-off in the KBO

In the bankruptcy model this factor raises the probability.

KBO publications

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

No main activity registered

In the bankruptcy model this factor raises the probability.

KBO

3 financial years not filed after the legal deadline; latest accounts 112 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

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 · 2 filings

Position against the passed deadline

31-12-2023 close31-07-2024 deadline04-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 20-11-2023, 112 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

112 d late

2021

197 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 2 accounts on average 155 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 publications

Publications

Address struck