Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation. Machinery stands 128.7% higher than in 2023.
Five of the last ten came late. The 2018 accounts came latest: 55 days after the end of the period.
In July 2024, 31,368 companies had the same profile as SHEFA has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for SHEFA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
SHEFA files the micro format. That format states no turnover. The gross margin rose from €37,049 in 2006 to €37,050 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Annual accounts 2025 filed on 06-07-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €90,000 and €270,000.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
220,570 | 205,637 | 215,078 | 214,872 | 227,792 | 252,346 | 262,316 | 267,962 | 284,874 | 298,566 | 284,591 | 274,713 | 285,441 | 268,529 | 264,621 | 262,790 | 241,637 | 234,320 | 237,572 | |
20 |
1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | |
21/28 |
207,559 | 199,895 | 206,985 | 210,215 | 219,804 | 229,896 | 242,117 | 254,416 | 263,462 | 278,966 | 278,180 | 272,084 | 264,065 | 255,343 | 261,762 | 253,951 | 233,498 | 228,676 | 236,888 | |
22/27 |
206,818 | 199,154 | 206,244 | 209,473 | 219,063 | 229,155 | 241,375 | 253,675 | 262,720 | 276,336 | 275,550 | 269,454 | 261,435 | 252,714 | 259,419 | 251,608 | 231,155 | 226,788 | 235,000 | |
22 |
190,324 | 192,501 | 196,477 | 200,625 | 206,436 | 212,749 | 221,190 | 229,632 | 238,074 | 246,761 | 255,978 | 247,196 | 252,890 | 242,287 | 247,016 | 237,099 | 214,541 | 222,567 | 230,595 | |
23 |
15,217 | 6,653 | 9,767 | 8,848 | 12,627 | 16,406 | 20,185 | 24,043 | 24,647 | 29,575 | 19,571 | 22,258 | 8,545 | 10,427 | 12,308 | 14,320 | 16,331 | 3,843 | 4,405 | |
24 |
1,276 | - | - | - | - | - | - | - | - | - | - | - | - | - | 95 | 189 | 283 | 378 | - | |
28 |
741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 455 | 455 | 455 | - | - | |
29/58 |
11,123 | 3,853 | 6,205 | 2,769 | 6,099 | 20,562 | 18,311 | 11,658 | 19,524 | 19,600 | 6,412 | 2,629 | 21,376 | 13,186 | 2,859 | 8,839 | 8,139 | 5,644 | 684 | |
40/41 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,024 | - | - | - | 335 | - | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,024 | - | - | - | 335 | - | |
54/58 |
9,325 | 2,164 | 4,659 | 2,175 | 760 | 16,440 | 12,642 | 8,598 | 17,503 | 17,479 | 5,195 | 1,793 | 20,389 | 8,161 | 2,534 | 8,649 | 8,139 | 5,309 | 684 | |
490/1 |
1,798 | 1,689 | 1,545 | 594 | 5,339 | 4,121 | 5,669 | 3,059 | 2,021 | 2,121 | 1,216 | 836 | 988 | - | 325 | 190 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
220,570 | 205,637 | 215,078 | 214,872 | 227,792 | 252,346 | 262,316 | 267,962 | 284,874 | 298,566 | 284,591 | 274,713 | 285,441 | 268,529 | 264,621 | 262,790 | 241,637 | 234,320 | 237,572 | |
10/15 |
120,191 | 105,067 | 85,651 | 58,514 | 43,690 | 46,962 | 37,510 | 45,905 | 45,577 | 50,288 | 49,158 | 45,122 | 43,852 | 34,791 | 38,486 | 38,551 | 38,319 | 38,336 | 36,818 | |
10/11 |
30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
10 |
30,987 | 30,987 | 30,987 | 30,987 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
13 |
7,649 | 7,649 | 7,649 | 7,044 | 6,303 | 6,303 | 5,830 | 5,830 | 5,814 | 5,814 | 5,757 | 5,556 | 5,492 | 4,689 | 4,689 | 4,689 | 4,689 | 4,689 | 4,613 | |
130/1 |
3,099 | 3,099 | 3,099 | 2,494 | 1,753 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
3,099 | 3,099 | 3,099 | 2,494 | 1,753 | 1,753 | 1,280 | 1,280 | 1,264 | 1,264 | 1,207 | 1,005 | 942 | 139 | 139 | 139 | 139 | 139 | 63 | |
133 |
4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | |
14 |
81,555 | 66,432 | 47,015 | 20,483 | 6,400 | 9,673 | 693 | 9,088 | 8,776 | 13,487 | 12,414 | 8,580 | 7,374 | -884 | 2,810 | 2,875 | 2,643 | 2,660 | 1,218 | |
17/49 |
100,380 | 100,570 | 129,427 | 156,358 | 184,102 | 205,384 | 224,806 | 222,057 | 239,297 | 248,278 | 235,433 | 229,591 | 241,589 | 233,738 | 226,135 | 224,239 | 203,318 | 195,984 | 200,754 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,255 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,255 | |
42/48 |
98,230 | 99,428 | 129,427 | 156,358 | 183,632 | 204,809 | 215,613 | 222,057 | 239,297 | 248,278 | 234,835 | 229,591 | 241,369 | 233,738 | 226,135 | 224,239 | 203,318 | 195,984 | 188,499 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,809 | 25,800 | |
44 |
1,346 | 5,285 | 2,331 | 1,831 | 1,076 | 927 | 95 | - | 2,289 | 2,304 | 2,023 | 3,788 | 3,838 | 6,145 | 208 | 11,344 | - | - | 338 | |
440/4 |
1,346 | 5,285 | 2,331 | 1,831 | 1,076 | 927 | 95 | - | 2,289 | 2,304 | 2,023 | 3,788 | 3,838 | 6,145 | 208 | 11,344 | - | - | 338 | |
45 |
13,629 | 7,965 | 10,464 | 8,925 | 4,420 | 9,671 | 3,307 | 2,245 | 3,691 | 4,785 | 1,933 | 1,379 | 2,995 | 2,396 | 4,132 | 1,486 | - | - | - | |
450/3 |
12,733 | 7,068 | 9,568 | 2,700 | 227 | 4,362 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
454/9 |
897 | 897 | 897 | 6,225 | 4,193 | 5,309 | 3,307 | 2,245 | 3,691 | 4,785 | 1,933 | 1,379 | 2,995 | 2,396 | 4,132 | 1,486 | - | - | - | |
47/48 |
83,255 | 86,179 | 116,632 | 145,602 | 178,137 | 194,211 | 212,211 | 219,812 | 233,317 | 241,189 | 230,879 | 224,424 | 234,535 | 225,196 | 221,795 | 211,409 | 203,318 | 182,175 | 162,361 | |
492/3 |
2,149 | 1,141 | - | - | 470 | 575 | 9,193 | - | - | - | 598 | - | 220 | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | 1,547 | - | - | - | - | - | 2,350 | 2,802 | - | - | - | - | - | - | - | - | - | - | |
9900 |
37,050 | 43,249 | 51,542 | 49,287 | 29,640 | 53,042 | 27,783 | 37,695 | 27,780 | 37,851 | 39,172 | 27,245 | 43,291 | 41,588 | 38,569 | 37,329 | 38,770 | 34,344 | 37,049 | |
62 |
- | - | 1,429 | 18,774 | 18,554 | 18,280 | 17,439 | 16,462 | 12,711 | 16,789 | 15,466 | 10,999 | 11,490 | 10,689 | 10,281 | 10,478 | - | - | - | |
630 |
6,043 | 7,090 | 8,342 | 9,589 | 10,092 | 12,221 | 12,299 | 13,851 | 13,616 | 14,577 | 13,041 | 11,088 | 9,127 | 14,378 | 13,476 | 11,347 | 10,133 | 8,684 | 8,588 | |
640/8 |
10,723 | 10,250 | 5,018 | 860 | 8,063 | 8,697 | 6,403 | 6,788 | 5,368 | 5,343 | 6,550 | 5,293 | 6,326 | 5,749 | 4,431 | 5,201 | 5,452 | 5,098 | 5,019 | |
9901 |
20,284 | 25,909 | 36,753 | 20,064 | -7,069 | 13,844 | -8,358 | 595 | -3,915 | 1,143 | 4,116 | -135 | 16,348 | 10,772 | 10,381 | 10,303 | 23,185 | 20,562 | 23,442 | |
75/76B |
548 | 749 | 0 | - | 1 | - | 0 | - | - | 2 | 1 | 2,496 | 11 | 45 | 11 | 36 | 68 | 8 | - | |
75 |
548 | 749 | 0 | - | 1 | - | 0 | - | - | 2 | 1 | 2,496 | 11 | 45 | 11 | 36 | 68 | 8 | - | |
65/66B |
44 | 173 | 49 | 2,540 | 340 | 30 | 37 | 267 | 785 | 16 | 80 | 1,088 | 296 | 14,511 | 461 | 102 | 1,268 | 2,046 | 3,917 | |
65 |
44 | 173 | 49 | 2,540 | 340 | 30 | 37 | 267 | 785 | 16 | 80 | 1,088 | 296 | 14,511 | 461 | 102 | 1,268 | 2,046 | 3,917 | |
9903 |
20,788 | 26,485 | 36,704 | 17,524 | -7,408 | 13,814 | -8,395 | 329 | -4,701 | 1,130 | 4,036 | 1,273 | 16,063 | -3,694 | 9,931 | 10,237 | 21,985 | 18,524 | 19,525 | |
67/77 |
5,665 | 7,068 | 9,568 | 2,700 | -4,135 | 4,362 | - | - | 11 | - | 0 | 3 | 2 | 1 | -4 | 5 | 2 | 6 | - | |
9904 |
15,124 | 19,416 | 27,137 | 14,824 | -3,273 | 9,452 | -8,395 | 329 | -4,711 | 1,130 | 4,036 | 1,270 | 16,061 | -3,695 | 9,935 | 10,232 | 21,983 | 18,518 | 19,525 | |
9905 |
15,124 | 19,416 | 27,137 | 14,824 | -3,273 | 9,452 | -8,395 | 329 | -4,711 | 1,130 | 4,036 | 1,270 | 16,061 | -3,695 | 9,935 | 10,232 | 21,983 | 18,518 | 19,525 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
81,555 | 66,432 | 47,620 | 21,224 | 6,400 | 10,145 | 693 | 9,105 | 8,776 | 13,544 | 12,616 | 8,643 | 15,177 | -884 | 12,810 | 12,875 | 24,643 | 19,736 | 19,391 | |
14P |
66,432 | 47,015 | 20,483 | 6,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 605 | 741 | - | 473 | - | 16 | - | 56 | 202 | 63 | 803 | - | - | - | - | 76 | 63 | |
6920 |
- | - | 605 | 741 | - | 473 | - | 16 | - | 56 | 202 | 63 | 803 | - | - | - | - | 76 | 63 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 7,000 | - | 10,000 | 10,000 | 22,000 | 17,000 | 18,110 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | 7,000 | - | 10,000 | 10,000 | 22,000 | 17,000 | 18,110 | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | 1 | 1 | 0.5 | 0.5 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | - | - | - | |
Hours worked1013 |
- | - | 120 | 878 | 915 | 800 | 431 | 874 | 750 | 850 | 850 | 690 | 735 | 730 | 242 | 826 | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 13 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 15-06-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00256872 | |
| 31-12-2024 | micro format | 15-06-2025 | 2025-00139826 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00173569 | |
| 31-12-2022 | micro format | 10-08-2023 | 2023-00323255 | |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20283435 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-30500268 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-43700331 | |
| 31-12-2018 | micro format | 24-09-2019 | 2019-65700140 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-36800306 | |
| 31-12-2016 | micro format | 04-08-2017 | 2017-41300466 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-38300001 | |
| 31-12-2014 | abbreviated format | 05-08-2015 | 2015-40000105 | |
| 31-12-2013 | abbreviated format | 01-08-2014 | 2014-38900526 | |
| 31-12-2012 | abbreviated format | 14-08-2013 | 2013-42600046 | |
| 31-12-2011 | abbreviated format | 31-07-2012 | 2012-36800161 | |
| 31-12-2010 | abbreviated format | 22-07-2011 | 2011-32500201 | |
| 31-12-2009 | abbreviated format | 13-07-2010 | 2010-30000467 | |
| 31-12-2008 | abbreviated format | 15-09-2009 | 2009-76000048 | |
| 31-12-2007 | abbreviated format | 29-08-2008 | 2008-68800273 | |
| 31-12-2006 | abbreviated format | 25-09-2007 | 2007-73600081 | |
| 31-12-2005 | abbreviated format | 29-08-2006 | 2006-70503618 | |
| 31-12-2004 | abbreviated format | 23-08-2005 | 2005-65201097 | |
| 31-12-2003 | abbreviated format | 01-06-2004 | 2004-18202751 | |
| 31-12-2002 | abbreviated format | 04-08-2003 | 2003-59700253 | |
| 31-12-2001 | abbreviated format | 15-11-2002 | 2002-72001863 | |
| 31-12-2000 | abbreviated format | 24-09-2001 | 2001-58300558 | |
| 31-12-1999 | abbreviated format | 26-07-2000 | 2000-46200884 | |
| 31-12-1998 | abbreviated format | 10-09-1999 | 1999-45501220 | |
| 31-12-1997 | abbreviated format | 07-12-1998 | 1998-60404925 | |
| 31-12-1996 | abbreviated format | 21-10-1997 | 1997-50000268 | |
| 31-12-1995 | abbreviated format | 16-09-1996 | 1996-43703129 | |
| 31-12-1994 | abbreviated format | 19-02-1996 | 1996-02700629 | |
| 31-12-1992 | abbreviated format | 28-03-1994 | 1994-04802853 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26,327 | 32,999 | 45,095 | 29,653 | 3,023 | 26,064 | 3,942 | 14,446 | 9,701 | 15,720 | 17,157 | 10,952 | 25,475 | 25,150 | 23,857 | 21,650 | 33,318 | 29,246 | 32,030 | ||
| 21,167 | 26,506 | 35,479 | 24,414 | 6,819 | 21,673 | 3,904 | 14,179 | 8,905 | 15,707 | 17,077 | 12,358 | 25,188 | 10,683 | 23,411 | 21,579 | 32,116 | 27,202 | 28,113 | ||
| 13,707 | 0 | 5,112 | 0 | 0 | 0 | 0 | 4,805 | -1,888 | 15,364 | 19,137 | 19,107 | 17,848 | 7,959 | 21,287 | 31,800 | 14,955 | 472 | 4,966 | ||
| 7,160 | -2,495 | 2,484 | 1,415 | -15,680 | 3,799 | 4,043 | -8,904 | 24 | 12,284 | 3,402 | -18,595 | 12,227 | 5,627 | -6,115 | 510 | 2,830 | 4,625 | - | ||
| -87,108 | -95,575 | -123,223 | -153,589 | -177,533 | -184,247 | -197,302 | -210,399 | -219,773 | -228,678 | -228,423 | -226,962 | -219,992 | -220,552 | -223,276 | -215,400 | -195,179 | -190,340 | -187,815 | ||
| 54.5% | 51.1% | 39.8% | 27.2% | 19.2% | 18.6% | 14.3% | 17.1% | 16.0% | 16.8% | 17.3% | 16.4% | 15.4% | 13.0% | 14.5% | 14.7% | 15.9% | 16.4% | 15.5% | ||
| 0.11 | 0.04 | 0.05 | 0.02 | 0.03 | 0.10 | 0.08 | 0.05 | 0.08 | 0.08 | 0.03 | 0.01 | 0.09 | 0.06 | 0.01 | 0.04 | 0.04 | 0.03 | 0.00 | ||
| 0.84 | 0.96 | 1.51 | 2.67 | 4.21 | 4.37 | 5.99 | 4.84 | 5.25 | 4.94 | 4.79 | 5.09 | 5.51 | 6.72 | 5.88 | 5.82 | 5.31 | 5.11 | 5.45 | ||
| 12.6% | 18.5% | 31.7% | 25.3% | -7.5% | 20.1% | -22.4% | 0.7% | -10.3% | 2.2% | 8.2% | 2.8% | 36.6% | -10.6% | 25.8% | 26.5% | 57.4% | 48.3% | 53.0% | ||
| 6.9% | 9.4% | 12.6% | 6.9% | -1.4% | 3.7% | -3.2% | 0.1% | -1.7% | 0.4% | 1.4% | 0.5% | 5.6% | -1.4% | 3.8% | 3.9% | 9.1% | 7.9% | 8.2% | ||
| over 100 | over 100 | over 100 | 11.68 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| part-time | - | 1 |
| in full-time equivalents | - | 0.5 |
| 0.2 | 0.5 | |
| On a permanent contract | - | 1 |
| Joined | 0 | - |
| Left | 1 | - |
Source: social balance sheet in the 2021 to 2022 annual accounts
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €13,707 | - | €5,112 | - |
| €6,043 | €7,090 | €8,342 | €9,589 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is 22% lower than in 2023 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 48.9% to 45.5%. Equity is higher and debt is lower.
SHEFA has no parent and no holdings in its annual accounts. SHEFA shares no director with another company.
| Farla Belgium
registered office since 19-04-1990 · founded in 1990 |
total assets €2.5m (2025) 0440.343.970 |
| IMMAZEL
registered office since 17-07-1991 · founded in 1990 |
total assets €2.2m (2025) 0442.275.656 |
| FARLA MEDICAL
registered office since 23-04-2004 · founded in 2004 |
9.1 FTE (2025) 0863.807.368 |
| BAYIT
registered office since 01-01-1986 · founded in 1985 |
total assets €648,325 (2025) 0427.878.183 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Lange Leemstraat 192 registered office 2018 Antwerp 68201 Renting and operating of own or leased residential real estate, excluding social housing | 26-02-1992 | 2.056.385.251 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11806F1337/00K004 | 882 m² | 1 · 738 m² | 19.0 m · 3 |
If something looks wrong or is missing, please tell us.