Financials
- Financial year
- 2025
- Total assets
- €30,164
- Loss
- -€15,614
- Solvency
- -15.6%
Turnover▲ 44.7%
Net result
20182022
SHAZAIN
ActiveSummary
The computed 12-month bankruptcy probability of SHAZAIN is 1.8% (moderate). The 2025 annual accounts show negative equity (-€4,693) and a net result of -€15,614. Equity is shrinking by about 6% per year across the filed financial years. Its solvency ranks better than 17% of 22,554 sector peers (NACE 47, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€30,164total assets 2025
- Equity
- -€4,693
- Loss
- -€15,614
Turnover not published (abbreviated or micro format)
Structure
2025 accounts 1 day early2 of 4 deeds summarised
Why 52raises riskLoss of €15,614, the second in a row (financial year 2025)Negative equity -€4,693Sector: Retail trade (NACE 47)lowers riskSize: total assets €30,164Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 8% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Weak
Solvency
9-43
equity -15.6% of total assets
Liquidity
7-23
short-term debt 106.2% · cash 5.8%
Profitability
0=
return on assets -51.8%
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.2%▼ -0.1 percentage points vs 01-2025lowest value
03-2025: 1.2%● unchanged vs 02-2025
04-2025: 1.3%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 1.2%▼ -0.8 percentage points vs 08-2025
10-2025: 1.2%● unchanged vs 09-2025
11-2025: 1.2%● unchanged vs 10-2025
12-2025: 1.2%● unchanged vs 11-2025
01-2026: 1.2%● unchanged vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.3%▲ +0.1 percentage points vs 02-2026
04-2026: 1.3%● unchanged vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.4%▲ +0.1 percentage points vs 06-2026
08-2026: 1.8%▲ +0.4 percentage points vs 07-2026
09-2026: 1.8%● unchanged vs 08-2026
10-2026: 1.8%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.94, compared with 1.64 in 2024, below 1; short-term debt: 106.2% and cash: 5.8% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 15% on solvency, 9% on liquidity, 6% on profitability and 4% on growth.
The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4,693
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 30-07-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 day early
2024
2 days early
2023
1 day late
2022
29 days late
2021
25 days late
2020
30 days late
2019
42 days late
← 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 18 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Capital & sharesShareholding
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€15,614
Key points
By topic
Timeline
- Events
- 14
- Since
- 2019
- Next accounts
- by 31-07-2027
- 29-07-2025Annual accounts filed
- 01-08-2024Annual accounts filed
- 21-02-2024Amendment of the articles · Legal-form change…
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Non-specialised retail sale with food, beverages or tobacco…NACE 47110
- Founded
- 04-10-2016
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 50
- Annual meeting
- Second Wednesday of June at 16:00
- Purpose
- “Import en export, groot- en kleinhandel in voedings- en tabakswaren, schoeisel…” (deed in Dutch)
Key facts about SHAZAIN
- What is the company number of SHAZAIN?
- 0663.781.886. In Belgium the VAT number is the company number with BE in front: BE 0663.781.886.
- Where is SHAZAIN based?
- The registered office is at Sint-Rochusstraat 98, 1500 Halle.Company details
- What does SHAZAIN do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of SHAZAIN?
- Private limited company (BV).
- When was SHAZAIN founded?
- On 04-10-2016.
- Is SHAZAIN still active?
- Yes, SHAZAIN is an active enterprise in the KBO register.
- What is the turnover of SHAZAIN?
- €356,988 in financial year 2022, according to the filed annual accounts.Financials
- Is SHAZAIN profitable?
- In financial year 2025, SHAZAIN made a loss of €15,614.
- Where can I find the annual accounts of SHAZAIN?
- SHAZAIN filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SHAZAIN due?
- By 31-07-2027, for financial year 2026.Timeline
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