SHAMS
ActiveThe computed 12-month bankruptcy probability of SHAMS is 3.5% (moderate). The 2024 annual accounts show equity of €83k and a net result of €10k. Equity is growing by ~33.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 18937 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-38
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 3.73 in 2023), and 30% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
70 d late
2023
57 d late
2022
91 d late
2021
61 d late
2020
90 d late
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€83k▲ 14.2%
2023 · €73k
2019: €10k
2020: €33k
2021: €36k
2022: €52k
2023: €73k
2019 → 2024
Total assets
€119k▲ 20.4%
2023 · €99k
2019: €18k
2020: €50k
2021: €44k
2022: €67k
2023: €99k
2019 → 2024
Net result
€10k▼ 51.1%
2023 · €21k
2019: €4k
2020: €23k
2021: €3k
2022: €16k
2023: €21k
2019 → 2024
Working capital
€82k▲ 15.6%
2023 · €71k
2019: €9k
2020: €33k
2021: €36k
2022: €48k
2023: €71k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€33k-€36k▲ 8.8%€52k▲ 45.1%€73k▲ 40.9%€83k▲ 14.2%
Operating result€25k-€3k▼ 87.9%€21k▲ 592%€30k▲ 38.6%€15k▼ 49.6%
Net result€23k-€3k▼ 87.3%€16k▲ 455%€21k▲ 31.5%€10k▼ 51.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 50% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €119k
Fixed assets
€2k▼ 30.3%
Current assets
€117k▲ 21.6%
Equity and liabilities €119k
Equity
€83k▲ 14.2%
Debt
€36k▲ 38.1%
The debt ratio rises from 26.2% to 30.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€17k▼
2023 · €32k
Cash flow
€13k▼
2023 · €23k
Solvency
70.0%▼
2023 · 73.8%
Current ratio
3.29▼
2023 · 3.73
Quick ratio
3.22▼
2023 · 3.72
Debt / equity
0.43▲
2023 · 0.35
ROE
12.4%▼
2023 · 29.0%
ROA
8.7%▼
2023 · 21.4%
Interest coverage
39.94▼
2023 · 81.69
Debt
€36k▲
2023 · €26k
Debt ≤ 1 year
€36k▲
2023 · €26k
Income taxes
€4k▼
2023 · €8k
Staff costs
€9k▲
2023 · €9k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€99k€119k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€2k€249▼
Current assets29/58€97k€117k▲
Stocks and contracts in progress3€296€2k▲
Stocks30/36€296€2k▲
Amounts receivable within one year40/41€12k€38k▲
Trade receivables40€10k€9k▼
Other amounts receivable41€2k€29k▲
Cash at bank and in hand54/58€84k€77k▼
Deferred charges and accrued income490/1€86-
Equity and liabilities
Total equity and liabilities10/49€99k€119k▲
Equity10/15€73k€83k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€67k€77k▲
Amounts payable17/49€26k€36k▲
Amounts payable within one year42/48€26k€36k▲
Trade debts44€9k€14k▲
Suppliers440/4€9k€14k▲
Advances received on contracts in progress46€1k-
Taxes, remuneration and social security45€15k€22k▲
Taxes450/3€12k€14k▲
Remuneration and social security454/9€3k€8k▲
Other amounts payable47/48€241-
Income statement
Code20232024
Remuneration, social security and pensions62€9k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€41k€28k▼
Operating profit (loss)9901€30k€15k▼
Financial charges65/66B€387€429▲
Recurring financial charges65€387€429▲
Profit (loss) for the period before taxes9903€29k€14k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€21k€10k▼
Profit (loss) for the period to be appropriated9905€21k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€67k€77k▲
Profit (loss) brought forward from the previous period14P€46k€67k▲
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
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €3k ▼87.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Highest result since 2019net €23k ▲523%
Net result €23k, the highest in the series.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Dendermonde · 1 establishment unit since 2018
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.
Grootzand (GRE) 1589200 DendermondeGround area
105 m²
Building footprint
105 m²
Volume, LiDAR
608 m³
Parcel 42007A1203/00Y000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PITA BODRUM
since 20182.281.944.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42007A1203/00Y000 | Flanders | 105 m² | 1 · 105 m² | 6.6 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
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.281.944.695
Similar companies · same sector, comparable size
TUL'IN
BE 0822.478.440
Schaarbeek · Eq €83k
BRUWESKO
BE 0729.993.492
Kapellen · Eq €83k
BROERS
BE 0654.959.836
Schaarbeek · Eq €83k
KRUSTY SQUAD BURGER
BE 0774.938.245
Anderlecht · Eq €83k
MASARYS
BE 0716.948.477
Mons · Eq €83k
Of 21,633 companies in sector 56112 we hold annual accounts for 9,658. 7,915 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-11-2018
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.