Shannon
ActiveShannon has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €324k and a net result of €90k. Equity is growing by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency41▲+24
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.47 in 2024), and 70.5% 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○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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.5%
Return on assets
8.2%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
44 d early
2023
53 d early
2022
53 d early
2021
47 d early
2020
61 d late
2019
16 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€324k▲ 38.2%
2024 · €235k
2019: €32k
2020: €30k
2021: €43k
2022: €54k
2023: €140k
2024: €235k
2019 → 2025
Total assets
€1.10M▼ 0.2%
2024 · €1.10M
2019: €360k
2020: €1.19M
2021: €1.07M
2022: €1.01M
2023: €1.01M
2024: €1.10M
2019 → 2025
Net result
€90k▼ 5.7%
2024 · €95k
2019: €-23k
2020: €-2k
2021: €14k
2022: €10k
2023: €80k
2024: €95k
2019 → 2025
Working capital
€-57k▲ 61.2%
2024 · €-148k
2019: €122k
2020: €-111k
2021: €-155k
2022: €-172k
2023: €-133k
2024: €-148k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€54k▲ 23.7%€140k▲ 160%€235k▲ 68.0%€324k▲ 38.2%
Operating result€28k-€20k▼ 26.2%€132k▲ 544%€150k▲ 14.1%€135k▼ 10.6%
Net result€14k-€10k▼ 25.3%€80k▲ 679%€95k▲ 18.4%€90k▼ 5.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€900k▼ 7.2%
Current assets
€200k▲ 51.1%
Equity and liabilities €1.10M
Equity
€324k▲ 38.2%
Debt
€775k▼ 10.6%
The debt ratio falls from 78.7% to 70.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€228k▼
2024 · €249k
Cash flow
€183k▼
2024 · €194k
Solvency
29.5%▲
2024 · 21.3%
Current ratio
0.78▲
2024 · 0.47
Quick ratio
0.65▲
2024 · 0.39
Debt / equity
2.39▼
2024 · 3.69
ROE
27.6%▼
2024 · 40.5%
ROA
8.2%▼
2024 · 8.6%
Interest coverage
18.41▼
2024 · 19.48
Debt
€775k▼
2024 · €867k
Debt ≤ 1 year
€257k▼
2024 · €280k
Debt > 1 year
€518k▼
2024 · €587k
Income taxes
€42k▼
2024 · €43k
Staff costs
€252k▲
2024 · €250k
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€1.10M€1.10M▼
Fixed assets21/28€970k€900k▼
Tangible fixed assets22/27€970k€900k▼
Land and buildings22€768k€745k▼
Plant, machinery and equipment23€107k€80k▼
Furniture and vehicles24€95k€61k▼
Leasing and similar rights25-€13k
Current assets29/58€132k€200k▲
Stocks and contracts in progress3€22k€32k▲
Stocks30/36€22k€32k▲
Amounts receivable within one year40/41€54k€85k▲
Trade receivables40€46k€70k▲
Other amounts receivable41€9k€15k▲
Current investments50/53€5k€12k▲
Cash at bank and in hand54/58€50k€70k▲
Equity and liabilities
Total equity and liabilities10/49€1.10M€1.10M▼
Equity10/15€235k€324k▲
Contributions10/11€19k€19k=
Reserves13€216k€306k▲
Distributable reserves133€216k€306k▲
Amounts payable17/49€867k€775k▼
Amounts payable after more than one year17€587k€518k▼
Financial debts170/4€587k€518k▼
Amounts payable within one year42/48€280k€257k▼
Current portion of amounts payable after more than one year42€127k€106k▼
Financial debts43€21k€5k▼
Credit institutions430/8€21k€5k▼
Trade debts44€80k€84k▲
Suppliers440/4€80k€84k▲
Taxes, remuneration and social security45-€30k
Taxes450/3-€27k
Remuneration and social security454/9-€3k
Other amounts payable47/48€52k€32k▼
Accrued charges and deferred income492/3€12-
Income statement
Code20242025
Remuneration, social security and pensions62€250k€252k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€93k▼
Other operating charges640/8€10k€12k▲
Gross operating margin9900€510k€491k▼
Operating profit (loss)9901€150k€135k▼
Financial income75/76B€15€9k▲
Recurring financial income75€15€22▲
Non-recurring financial income76B-€9k
Financial charges65/66B€13k€12k▼
Recurring financial charges65€13k€12k▼
Profit (loss) for the period before taxes9903€138k€131k▼
Income taxes67/77€43k€42k▼
Profit (loss) for the period9904€95k€90k▼
Profit (loss) for the period to be appropriated9905€95k€90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€90k▼
Transfer to equity691/2€95k€90k▼
To other reserves6921€95k€90k▼
Social balance
Average headcount (FTE)90876.36.9▲
The notes to these accounts (12 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
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €95k ▲18.4%
Operating result €150k, net result €95k, both a record.
31-12
Financial
Equity above €200kEq €235k ▲68%
4 profitable years in a row build equity to €235k.
08-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €140k ▲160%
3 profitable years in a row build equity to €140k.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
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
4 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, Lubbeek · 1 establishment unit since 2008
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.
Staatsbaan(LUB) 43210 LubbeekGround area
982 m²
Building footprint
160 m²
Volume, LiDAR
627 m³
Parcel 24066B0216/00C002, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SHANNON
since 20082.175.576.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24066B0216/00C002 | Flanders | 982 m² | 1 · 160 m² | 7.1 m · 1 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
2024 · 1 entry · 531 EUR awarded · 531 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 531 EUR | 531 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,595 companies in sector 18120 we hold annual accounts for 803. 605 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2008
Fiscal year end31-12
Activities, NACEBEL
18120Other printing
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:016/400293