Financials
- Fiscal year
- 2025
- Turnover
- €21.3m
- Profit
- €2.2m
- Solvency
- 63.8%
Turnover▲ 0.5%
Net result
20192025
SHAMROCK TECHNOLOGIES
ActiveSummary
SHAMROCK TECHNOLOGIES has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18.3m and a net result of €2.2m. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 65% of 291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
What they do
Manufacture of chemicals and chemical products
NACE 20590Other manufacturing not elsewhere classified NACE 32990NACE 36630
#2 company by equity in Tongeren-Borgloon, Manufacturing sector1 site
How big
€21.3mturnover 2025
- Staff
- 26.5 FTE
- Equity
- €18.3m
- Profit
- €2.2m
Net result +64%: 12-month year
Who decides
- Parent
- Shamrock Technologies Inc · 99.96%
- Board
- 3 members
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts 52 d early
Why 96+ Liquidity: current ratio 2.68, cash €16.3m+ Founded in 2000+ Equity €18.3m (63.8% of total assets)+ Size: turnover €21.3m, 26.5 FTE, total assets €28.7mShow the evidence
Checked score
Score 2025
96
/ 100
Excellent
Probability in this band: under 0.55%
Better than 68% of its sector peers (NACE 20, small)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
89-11
equity 63.8% of total assets
Liquidity
86-5
short-term debt 32.1% · cash 56.6%
Profitability
79+8
return on assets 7.8%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: < 0.1%highest value
08-2026: < 0.1%● 0.0% vs 07-2026highest value
09-2026: < 0.1%● 0.0% vs 08-2026highest value
10-2026: < 0.1%● 0.0% vs 09-2026highest value
- Liquidity: current ratio 2.68, cash €16.3m lowers the probability
- Founded in 2000 lowers the probability for this profile
- Equity €18.3m (63.8% of total assets) lowers the probability
- Size: turnover €21.3m, 26.5 FTE, total assets €28.7m lowers the probability for this profile
Credit up to €1,750,000 at 30 days acceptable
Liquidity ample (current ratio 2.68 against 3.58 in 2024; short-term debt: 32.1% and cash: 56.6% of total assets), and 36.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 20, small). Better than this share of them on solvency 68%, liquidity 97%, profitability 73%, growth against the median 32%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
36 d early
2024
72 d early
2023
8 d late
2022
41 d early
2021
1 d early
2020
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
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
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Appointment: Michael Jon Kellen (director)Reappointment: BDO Bedrijfsrevisoren BV (statutory…
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 3 members
- Largest shareholder
- Shamrock Technologies Inc · 99.96%
- Known shareholders
- 100%
- Auditor
- BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Go to Board & ownership
Timeline
- Events
- 31
- Since
- 2004
- Next accounts
- by 31-07-2027
- 09-06-2026Annual accounts filed
- 28-10-2025Appointment: Michael Jon Kellen (director)
- 25-06-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of chemicals and chemical productsNACE 20590
- Founded
- 06-07-2000
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 1
- Purpose
- De onderneming van een chemisch bedrijf dat fijne poeders, dispersies en samenstellingen…
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.