SHANNON
ActiveSummary
SHANNON has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €857,218 and a net result of -€28,569. Equity remains stable across the filed fiscal years (±2.5% per year). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 39 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €491 | - |
| Goods, raw materials, services and sundry goods60/61 | €1,429 | €4,566 | €5,680 | €6,400 | €6,807 | ▲ 6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,405 | €51,405 | €51,405 | €51,405 | €51,405 | = |
| Other operating charges640/8 | €341 | - | - | - | - | - |
| Gross operating margin9900 | €2,700 | €13,700 | €12,586 | €11,345 | €11,836 | ▲ 4.3% |
| Operating profit (loss)9901 | -€49,045 | -€37,705 | -€38,819 | -€40,060 | -€39,569 | ▲ 1.2% |
| Profit (loss) for the period before taxes9903 | -€49,045 | -€37,705 | -€38,819 | -€40,060 | -€39,569 | ▲ 1.2% |
| Transfer from deferred taxes780 | - | €11,000 | €11,000 | €11,000 | €11,000 | = |
| Profit (loss) for the period9904 | -€49,045 | -€26,705 | -€27,819 | -€29,060 | -€28,569 | ▲ 1.7% |
| Transfer from tax-exempt reserves789 | €33,300 | €33,300 | €33,300 | €33,300 | €33,300 | = |
| Profit (loss) for the period to be appropriated9905 | -€15,745 | €6,595 | €5,481 | €4,240 | €4,731 | ▲ 11.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.1m | €1.0m | €986,901 | €946,322 | ▼ 4.1% |
| Fixed assets21/28 | €922,857 | €871,452 | €820,047 | €768,129 | €716,724 | ▼ 6.7% |
| Tangible fixed assets22/27 | €922,857 | €871,452 | €820,047 | €768,129 | €716,724 | ▼ 6.7% |
| Land and buildings22 | €922,857 | €871,452 | €820,047 | €768,129 | €716,724 | ▼ 6.7% |
| Current assets29/58 | €153,696 | €193,513 | €206,613 | €218,772 | €229,597 | ▲ 4.9% |
| Amounts receivable within one year40/41 | €54,825 | €51,210 | €61,560 | €61,560 | €60,594 | ▼ 1.6% |
| Trade receivables40 | €4,825 | €1,210 | €1,560 | €1,560 | €594 | ▼ 61.9% |
| Other amounts receivable41 | €50,000 | €50,000 | €60,000 | €60,000 | €60,000 | = |
| Current investments50/53 | €8,000 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €90,435 | €141,203 | €145,053 | €157,212 | €164,272 | ▲ 4.5% |
| Deferred charges and accrued income490/1 | €436 | €1,100 | - | - | €4,731 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.1m | €1.0m | €986,901 | €946,322 | ▼ 4.1% |
| Equity10/15 | €928,070 | €922,365 | €914,547 | €885,787 | €857,218 | ▼ 3.2% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Capital10 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Issued capital100 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Reserves13 | €818,680 | €785,380 | €772,080 | €739,080 | €705,780 | ▼ 4.5% |
| Non-distributable reserves130/1 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Legal reserve130 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Tax-exempt reserves132 | €379,600 | €346,300 | €333,000 | €300,000 | €266,700 | ▼ 11.1% |
| Distributable reserves133 | €431,080 | €431,080 | €431,080 | €431,080 | €431,080 | = |
| Profit (loss) carried forward14 | €29,390 | €56,985 | €62,467 | €66,707 | €71,438 | ▲ 7.1% |
| Provisions and deferred taxes16 | €144,300 | €122,100 | €111,000 | €100,000 | €89,000 | ▼ 11.0% |
| Deferred taxes168 | €144,300 | €122,100 | €111,000 | €100,000 | €89,000 | ▼ 11.0% |
| Amounts payable17/49 | €4,183 | €20,500 | €1,114 | €1,114 | €103 | ▼ 90.7% |
| Amounts payable within one year42/48 | €2,325 | €20,500 | €1,114 | €1,114 | €103 | ▼ 90.7% |
| Trade debts44 | €1,729 | - | - | - | - | - |
| Suppliers440/4 | €1,729 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €596 | - | - | - | €103 | - |
| Taxes450/3 | €396 | - | - | - | €103 | - |
| Remuneration and social security454/9 | €200 | - | - | - | - | - |
| Other amounts payable47/48 | - | €20,500 | €1,114 | €1,114 | - | - |
| Accrued charges and deferred income492/3 | €1,858 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€49,045 | -€26,705 | -€27,819 | -€29,060 | -€28,569 | ▲ 1.7% |
| + Depreciation and write-downs630 | €51,405 | €51,405 | €51,405 | €51,405 | €51,405 | = |
| Operating cash flow (approximation) | €2,360 | €24,700 | €23,586 | €22,345 | €22,836 | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €514 | €0 | ▼ 100% |
| Change in cash | - | €50,768 | €3,850 | €12,159 | €7,060 | ▼ 41.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013C0041/00B000 | Flanders | 2.0 ha | 1 · 7,654 m² | 30.0 m · 4 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 30 September 2026 · Peppol Directory
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