SHEICO
ActiveSummary
SHEICO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190,683 and a net result of -€1,401. Equity is shrinking by ~6.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 7 accounts on average 2 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, micro schema
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Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 12,321 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €6,153 | €459 | €465 | €612 | €239 | ▼ 61.0% |
| Gross operating margin9900 | €160,299 | -€3,431 | -€8,265 | €35,811 | -€1,119 | ▼ 103% |
| Operating profit (loss)9901 | €154,145 | -€3,890 | -€8,730 | €35,199 | -€1,357 | ▼ 104% |
| Financial income75/76B | €16,889 | - | - | - | - | - |
| Recurring financial income75 | €16,889 | - | - | - | - | - |
| Financial charges65/66B | €27,570 | €39 | €103 | €37 | €44 | ▲ 19.2% |
| Recurring financial charges65 | €27,570 | €39 | €103 | €37 | €44 | ▲ 19.2% |
| Profit (loss) for the period before taxes9903 | €143,464 | -€3,929 | -€8,833 | €35,163 | -€1,401 | ▼ 104% |
| Income taxes67/77 | €46,060 | - | - | €7,471 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | €97,404 | -€3,929 | -€8,833 | €27,691 | -€1,401 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | €97,404 | -€3,929 | -€8,833 | €27,691 | -€1,401 | ▼ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €427,171 | €173,225 | €164,393 | €199,555 | €190,683 | ▼ 4.4% |
| Current assets29/58 | €427,171 | €173,225 | €164,393 | €199,555 | €190,683 | ▼ 4.4% |
| Amounts receivable within one year40/41 | €1,162 | €62,352 | €62,352 | €62,367 | €63,438 | ▲ 1.7% |
| Other amounts receivable41 | €1,162 | €62,352 | €62,352 | €62,367 | €63,438 | ▲ 1.7% |
| Cash at bank and in hand54/58 | €426,009 | €110,874 | €102,041 | €137,188 | €127,245 | ▼ 7.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €427,171 | €173,225 | €164,393 | €199,555 | €190,683 | ▼ 4.4% |
| Equity10/15 | €381,119 | €173,225 | €164,393 | €192,084 | €190,683 | ▼ 0.7% |
| Contributions10/11 | €72,500 | €72,500 | €72,500 | €72,500 | €72,500 | = |
| Reserves13 | €308,619 | €104,654 | €104,654 | €119,584 | €118,183 | ▼ 1.2% |
| Non-distributable reserves130/1 | €7,250 | €7,250 | - | - | - | - |
| Reserves not available under the articles1311 | €7,250 | €7,250 | - | - | - | - |
| Distributable reserves133 | €301,369 | €97,404 | €104,654 | €119,584 | €118,183 | ▼ 1.2% |
| Profit (loss) carried forward14 | - | -€3,929 | -€12,762 | - | - | - |
| Amounts payable17/49 | €46,053 | - | - | €7,471 | - | - |
| Amounts payable within one year42/48 | €46,053 | - | - | €7,471 | - | - |
| Taxes, remuneration and social security45 | €46,053 | - | - | €7,471 | - | - |
| Taxes450/3 | €46,053 | - | - | €7,471 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €97,404 | -€3,929 | -€8,833 | €27,691 | -€1,401 | ▼ 105% |
| Operating cash flow (approximation) | €97,404 | -€3,929 | -€8,833 | €27,691 | -€1,401 | ▼ 105% |
| Change in cash | - | -€315,136 | -€8,833 | €35,147 | -€9,943 | ▼ 128% |
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 2 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. |
|---|---|---|---|---|
| 37006B0063/00X000 | Flanders | 7,109 m² | 1 · 669 m² | 14.3 m · 2 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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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
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