SHANIKA
InactiveSHANIKA was declared bankrupt on 29-04-2024 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed for insufficient assets by judgment of 08-12-2025, published in the Belgian State Gazette on 11-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
26 d late
2020
89 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€-33k▼ 257%
2021 · €-9k
2018: €10k
2019: €-3k
2020: €509
2021: €-9k
2018 → 2022
Total assets
€25k▼ 7.5%
2021 · €27k
2018: €63k
2019: €23k
2020: €28k
2021: €27k
2018 → 2022
Net result
€-24k▼ 144%
2021 · €-10k
2018: €2k
2019: €-13k
2020: €3k
2021: €-10k
2018 → 2022
Working capital
€-35k▼ 271%
2021 · €-9k
2018: €371
2019: €-3k
2020: €509
2021: €-9k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€10k-€-3k€509€-9k€-33k▼ 257%
Operating result€4k-€-13k€3k€-10k€-24k▼ 145%
Net result€2k-€-13k€3k€-10k€-24k▼ 144%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2022 against €10k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
Assets €25k
Fixed assets
€1k
Current assets
€24k
Key figures and ratios
EBITDA
€-23k
Cash flow
€-23k
Solvency
-133.3%▼
2021 · -34.5%
Current ratio
0.41▼
2021 · 0.74
Quick ratio
0.40▼
2021 · 0.69
Debt to equity
-1.75▲
2021 · -3.90
ROA
-96.0%▼
2021 · -36.4%
Interest coverage
-64.02
Debt
€58k▲
2021 · €36k
Debt ≤ 1 year
€58k▲
2021 · €36k
Staff costs
€5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 42 lines
Balance sheet
Code20212022
Assets
Total assets20/58€27k€25k▼
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Land and buildings22-€1k
Current assets29/58€27k€24k▼
Stocks and contracts in progress3€2k€596▼
Stocks30/36€2k€596▼
Amounts receivable within one year40/41€24k€22k▼
Trade receivables40€9k€16k▲
Other amounts receivable41€15k€6k▼
Cash at bank and in hand54/58€991€808▼
Deferred charges and accrued income490/1€28€106▲
Equity and liabilities
Total equity and liabilities10/49€27k€25k▼
Equity10/15€-9k€-33k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Profit (loss) carried forward14€-28k€-52k▼
Amounts payable17/49€36k€58k▲
Amounts payable within one year42/48€36k€58k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€46
Remuneration and social security454/9-€1k
Other amounts payable47/48€34k€53k▲
Income statement
Code20212022
Non-recurring operating income76A€432-
Remuneration, social security and pensions62-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€478
Other operating charges640/8€449€631▲
Non-recurring operating charges66A€125-
Gross operating margin9900€-9k€-17k▼
Operating profit (loss)9901€-10k€-24k▼
Financial income75/76B-€31
Recurring financial income75-€31
Financial charges65/66B€169€361▲
Recurring financial charges65€169€361▲
Profit (loss) for the period before taxes9903€-10k€-24k▼
Profit (loss) for the period9904€-10k€-24k▼
Profit (loss) for the period to be appropriated9905€-10k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-52k▼
Profit (loss) brought forward from the previous period14P€-18k€-28k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 08-12-2025
2024
06-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · event 29-04-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 50 days late
2018
10-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 71 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
01-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 1 day late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NANCY VANNUETEN LIERBAAN 209, 2580 PUTTE- |
29-04-2024 → 08-12-2025 |