SHAHZAD
The computed 12-month bankruptcy probability of SHAHZAD is 0.8% (low). The 2024 annual accounts show equity of €91k and a net result of €6k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 79% of 2273 sector peers (fiscal year 2024). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €91k |
| Net result | €6k |
| Staff (FTE) | 4.9 |
| Better than sector | 79% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.2% | 27.3% | |
| Net result | €6k | €5k | |
| Equity | €91k | €17k | |
| Gross operating margin | €112k | €28k | |
| Staff costs | €87k | €37k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €20k |
| Net profit | €6k |
| Cash flow | €17k |
| Staff costs | €87k |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €160k |
| Equity | €91k |
| Debt | €68k |
| of which ≤ 1y | €68k |
| of which > 1y | - |
| Working capital | €32k |
| Employees (FTE) | 4.9 |
| 2024 | |
|---|---|
| Current ratio | 1.46 |
| Quick ratio | 1.46 |
| Working capital ratio | 19.7% |
| Solvency | 57.2% |
| Debt / equity | 0.75 |
| Long-term debt ratio | - |
| Interest coverage | 33.61 |
| Gross margin | - |
| Net margin | - |
| ROA | 3.8% |
| ROE | 6.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €160k |
| Fixed assets | 21/28 | €60k |
| Intangible fixed assets | 21 | €45k |
| Tangible fixed assets | 22/27 | €15k |
| Financial fixed assets | 28 | €78 |
| Current assets | 29/58 | €100k |
| Amounts receivable within one year | 40/41 | €51k |
| Cash & bank | 54/58 | €49k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €160k |
| Equity | 10/15 | €91k |
| Contributions / capital | 10/11 | €35k |
| Reserves | 13 | €4k |
| Accumulated profits (losses) | 14 | €53k |
| Amounts payable | 17/49 | €68k |
| Amounts payable within one year | 42/48 | €68k |
| Trade debts payable within one year | 44 | €15k |
| Income statement | ||
| Gross operating margin | 9900 | €112k |
| Operating result | 9901 | €9k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €590 |
| Result before taxes | 9903 | €9k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €6k |
| Result to be appropriated | 9905 | €6k |
-
Current01-04-2021 → present
Former directors (2)
-
Former01-04-2021 → 26-10-2022
2 events
- 26-10-2022 Resigned· Managing director
- 01-04-2021 Appointed· Director
-
Former- → 31-03-2021
| NACE primary | Diensten voor personenvervoer op aanvraag per voertuig met chauffeur(49330) |
| Legal form | General partnership(011) |
| Incorporation | 29-04-1998 |
| Status | Active |
| Postal code | 1090 |
Show 2 more network connections
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464F0013/00K000 | Brussels | 917 m² | 1 · 860 m² | 28.2 m · 7 fl. |
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
| 21363B0319/00W004 | Brussels | 439 m² | 1 · 156 m² | 16.5 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
16-04-2026 Act object · General meeting · Seat change
- Act object: changement d'adresse. · SHAHZAD
- General meeting: date: 2026-04-06, type: extraordinaire · SHAHZAD
- Seat change: new: Avenue Charles Woeste 306 / b309, 1090 Jette, old: Place des Maïeurs 4 Boîte 20-1150 Woluwe-Saint-Pierre · SHAHZAD
- Filing: date: 2026-04-09, location: greffe du Tribunal de l'entreprise francophone de Bruxeiles · SHAHZAD
- Publication: date: 2026-04-16 · SHAHZAD
Technical details
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"quote": "Objet de l\u0027acte: changement d\u0027adresse.",
"value": "changement d\u0027adresse.",
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},
{
"type": "general_meeting",
"quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire tenue le 06/04/2026",
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"date": "2026-04-06",
"type": "extraordinaire"
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},
{
"type": "seat_change",
"quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire tenue le 06/04/2026 \u0430\u0441\u0441\u0435pte \u00E0 l\u0027unanimit\u00E9 le changement d\u0027adresse vers: Avenue Charles Woeste 306 / b309, 1090 Jette.",
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{
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"quote": "Re\u00E7u le 09 AVR. 2026 au greffe du Tribunal de l\u0027entreprise francophone de Bruxeiles",
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"quote": "Bijlagen bij het Belgisch Staatsblad - 16/04/2026 - Annexes du Moniteur belge",
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}26-01-2024 Registered office moved within Bruxelles
- Avenue Louise 209, 1050 Bruxelles → Place des Maïeurs 4, 1150 Bruxelles
Technical details
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"effective_date": "2024-01-01",
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}09-11-2022 Fathi Rayane resigns as managing director
- Fathi Rayane, Gedelegeerd bestuurder
Technical details
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}25-06-2021 Registered office moved within Bruxelles
- Rue Baron de Castro 25, 1040 Bruxelles → avenue Louise 209, 1050 Bruxelles
Technical details
{
"events": [
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"effective_date": "2021-04-20",
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}23-01-2012 Registered office moved from BRUXELLES to Etterbeek
- AVENUE JEAN DUBRUCQ 200-204, 1080 BRUXELLES → Rue Baron de Castro 25, 1040 Etterbeek
Technical details
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"postcode": "1080",
"box_number": null,
"street_number": "200-204"
},
"effective_date": "2012-01-01",
"evidence_quote": "L\u0027A.G. d\u00E9cide \u00E0 l\u0027unanimit\u00E9, lors de sa r\u00E9union du 20\u00BA d\u00E9cembre 2011, de transf\u00E9rer le si\u00E8ge social \u00E0 la Rue Baron de Castro 25 bte 10 \u00E0 1040 Etterbeek avec effet le 01/01/2012."
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}| Legal nameFR | SHAHZAD |