SHAMBALAH
ActiveSHAMBALAH has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €296k and a net result of €-11k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 74% of 4604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-45
Solvency83▲+1
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 2.34 in 2024; short-term debt: 41.7% and cash: 9.3% of total assets), and 41.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.3%
Return on assets
-2.2%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
7 d late
2023
on the day
2022
10 d late
2021
4 d late
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€296k▼ 3.7%
2024 · €308k
2019: €318k
2020: €314k
2021: €260k
2022: €261k
2023: €257k
2024: €308k
2019 → 2025
Total assets
€508k▼ 5.5%
2024 · €538k
2019: €696k
2020: €533k
2021: €507k
2022: €488k
2023: €477k
2024: €538k
2019 → 2025
Net result
€-11k
2024 · €51k
2019: €15k
2020: €-4k
2021: €-53k
2022: €-14k
2023: €-4k
2024: €51k
2019 → 2025
Working capital
€296k▼ 3.9%
2024 · €308k
2019: €-157k
2020: €-122k
2021: €-152k
2022: €-106k
2023: €-88k
2024: €308k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€260k-€261k▲ 0.1%€257k▼ 1.5%€308k▲ 19.9%€296k▼ 3.7%
Operating result€-53k-€-13k▲ 75.5%€-3k▲ 78.5%€33k€-26k
Net result€-53k-€-14k▲ 74.1%€-4k▲ 71.4%€51k€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26k after €33k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €508k
Fixed assets
€798▲ 4,194%
Current assets
€507k▼ 5.6%
Equity and liabilities €508k
Equity
€296k▼ 3.7%
Debt
€212k▼ 7.9%
The debt ratio falls from 42.8% to 41.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-26k
Cash flow
€-11k
Solvency
58.3%▲
2024 · 57.2%
Current ratio
2.40▲
2024 · 2.34
Quick ratio
2.11▲
2024 · 2.07
Debt / equity
0.71▼
2024 · 0.75
ROE
-3.8%▼
2024 · 16.6%
ROA
-2.2%▼
2024 · 9.5%
Interest coverage
-22.42
Debt
€212k▼
2024 · €230k
Debt ≤ 1 year
€212k▼
2024 · €230k
Income taxes
€107▲
2024 · €2
Staff costs
€72k▲
2024 · €61k
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€538k€508k▼
Fixed assets21/28€19€798▲
Tangible fixed assets22/27-€780
Plant, machinery and equipment23-€780
Financial fixed assets28€19€19=
Current assets29/58€538k€507k▼
Stocks and contracts in progress3€61k€60k▼
Stocks30/36€61k€60k▼
Amounts receivable within one year40/41€415k€393k▼
Trade receivables40€3k€5k▲
Other amounts receivable41€412k€389k▼
Cash at bank and in hand54/58€58k€47k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€538k€508k▼
Equity10/15€308k€296k▼
Contributions10/11€740k€740k=
Capital10€740k€740k=
Issued capital100€740k€740k=
Profit (loss) carried forward14€-432k€-444k▼
Amounts payable17/49€230k€212k▼
Amounts payable within one year42/48€230k€212k▼
Trade debts44€24k€15k▼
Suppliers440/4€24k€15k▼
Taxes, remuneration and social security45€17k€12k▼
Taxes450/3€6k€2k▼
Remuneration and social security454/9€11k€10k▼
Other amounts payable47/48€189k€185k▼
Income statement
Code20242025
Remuneration, social security and pensions62€61k€72k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€177
Other operating charges640/8€14k€14k▲
Gross operating margin9900€108k€60k▼
Operating profit (loss)9901€33k€-26k▼
Financial income75/76B€19k€16k▼
Recurring financial income75€19k€16k▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€51k€-11k▼
Income taxes67/77€2€107▲
Profit (loss) for the period9904€51k€-11k▼
Profit (loss) for the period to be appropriated9905€51k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-432k€-444k▼
Profit (loss) brought forward from the previous period14P€-483k€-432k▲
The notes to these accounts (8 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
31-03
Financial
Back to profitnet €51k
Net result €51k after 4 loss-making years.
31-03
Financial
Liquidity quadruplescurrent ratio 2.34
Current ratio from 0.60 to 2.34.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2021
04-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
31-03
Financial
Weakest financial yearnet €-53k
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Buggenhout · 1 establishment unit since 2002
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.
Brielstraat 369255 BuggenhoutGround area
4,123 m²
Building footprint
959 m²
Volume, LiDAR
4,478 m³
Parcel 42004A1147/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brielstraat 36, 9255 Buggenhout
since 20022.114.452.223
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004A1147/00K000 | Flanders | 4,123 m² | 1 · 959 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,851 EUR awarded · 1,851 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,851 EUR | 1,851 EUR |
Schemes
Individueel Maatwerk
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Of 24,864 companies in sector 96220 we hold annual accounts for 1,443. 676 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-07-2002
Fiscal year end31-03
Activities, NACEBEL
93022
93040
96022Beauty treatment
96040Personal service activities
96220Beauty care and other beauty treatments
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.