SHAHKOT
ActiveThe computed 12-month bankruptcy probability of SHAHKOT is 4.5% (elevated). The 2025 annual accounts show equity of €23k and a net result of €40k. Equity is growing by ~37.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 18040 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+68
Solvency51▲+49
Growth85▲+30
Track record94
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.08 against 0.66 in 2024; short-term debt: 73.9% and cash: 24% of total assets), and 73.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2025Solvency, return and age of the figures
Solvency
26.1%
Return on assets
45.7%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
7 d early
2024
29 d late
2023
47 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€1.63M▲ 17.0%
2024 · €1.40M
2023: €385k
2024: €1.40M
2023 → 2025
EBIT margin
3.4%▲ 5.4pp
2024 · -2.0%
2023: 2.1%
2024: -2.0%
2023 → 2025
Net result
€40k
2024 · €-31k
2023: €6k
2024: €-31k
2023 → 2025
Working capital
€5k
2024 · €-41k
2023: €1k
2024: €-41k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€385k-€1.40M▲ 263%€1.63M▲ 17.0%
Equity€6k-€-22k€23k
Operating result€8k-€-28k€55k
Net result€6k-€-31k€40k
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: €55k after a loss of €28k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€18k▼ 2.7%
Current assets
€70k▼ 12.2%
Equity and liabilities €88k
Equity
€23k
Debt
€65k
Debt finances 73.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€55k▲
2024 · €-28k
Cash flow
€41k▲
2024 · €-31k
Solvency
26.1%▲
2024 · -22.6%
Current ratio
1.08▲
2024 · 0.66
Quick ratio
0.38▲
2024 · 0.10
Debt / equity
2.83▲
2024 · -5.42
ROE
174.8%
ROA
45.7%▲
2024 · -31.5%
Interest coverage
4.88▲
2024 · -9.33
Debt
€65k▼
2024 · €121k
Debt ≤ 1 year
€65k▼
2024 · €121k
Income taxes
€3k▲
2024 · €0
Staff costs
€82k▲
2024 · €38k
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€99k€88k▼
Fixed assets21/28€19k€18k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€16k€16k=
Current assets29/58€80k€70k▼
Stocks and contracts in progress3€68k€45k▼
Stocks30/36€68k€45k▼
Amounts receivable within one year40/41€1k€4k▲
Trade receivables40€1k€4k▲
Cash at bank and in hand54/58€11k€21k▲
Equity and liabilities
Total equity and liabilities10/49€99k€88k▼
Equity10/15€-22k€23k▲
Contributions10/11€3k€8k▲
Profit (loss) carried forward14€-25k€16k▲
Amounts payable17/49€121k€65k▼
Amounts payable within one year42/48€121k€65k▼
Trade debts44€96k€29k▼
Suppliers440/4€96k€29k▼
Taxes, remuneration and social security45€25k€37k▲
Taxes450/3€7k€16k▲
Remuneration and social security454/9€18k€21k▲
Income statement
Code20242025
Turnover70€1.40M€1.63M▲
Goods, raw materials, services and sundry goods60/61€1.39M€1.50M▲
Remuneration, social security and pensions62€38k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€395€500▲
Other operating charges640/8€9k€8k▼
Gross operating margin9900€20k€145k▲
Operating profit (loss)9901€-28k€55k▲
Financial income75/76B-€19
Recurring financial income75-€19
Financial charges65/66B€3k€11k▲
Recurring financial charges65€3k€11k▲
Profit (loss) for the period before taxes9903€-31k€44k▲
Income taxes67/77€0€3k▲
Profit (loss) for the period9904€-31k€40k▲
Profit (loss) for the period to be appropriated9905€-31k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€16k▲
Profit (loss) brought forward from the previous period14P€6k€-25k▼
The notes to these accounts (5 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-31k ▼594%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 2 establishment units since 2023
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.
Zuidlaan 881000 BrusselGround area
208 m²
Building footprint
183 m²
Volume, LiDAR
2,587 m³
2 parcels, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
SHAHKOT
since 20232.343.252.358
SHAHKOT EURO PRESS
since 20242.357.152.557
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0017/00E002 | Brussels | 130 m² | 1 · 106 m² | 18.7 m · 5 fl. |
| 21809K0387/00Y013 | Brussels | 78 m² | 1 · 77 m² | 16.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAnderlecht2.357.152.557
Brussel2.343.252.358
Similar companies · same sector, comparable size
MANIAS
BE 0842.332.360
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ROKHAN
BE 0719.723.964
Antwerpen · Eq €23k
SUNNY STAR
BE 0462.862.719
Vorst · Eq €23k
SUMRA
BE 0836.665.877
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MOKTABIB
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Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-2023
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.