Summary
Shelanu is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €875,102 and a net result of €198,389. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 83% of 8102 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
6 d late
2023
55 d late
2022
150 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 3 March (3 of the last 4 filed years within 32 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€875,102▲ 29.3%
2024 · €676,713
Net result
€198,389▲ 455%
2024 · €35,747
Total assets
€1.0m▲ 36.3%
2024 · €749,790
Solvency
85.6%▼ 4.6pp
2024 · 90.3%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€575,293-€255,601▼ 55.6%€37,188▼ 85.5%€252,316▲ 578%
Net result€438,846above the sector's middle half-€200,121above the sector's middle half▼ 54.4%€35,747within the sector's middle half▼ 82.1%€198,389above the sector's middle half▲ 455%
Equity€440,846above the sector's middle half-€640,966above the sector's middle half▲ 45.4%€676,713above the sector's middle half▲ 5.6%€875,102above the sector's middle half▲ 29.3%
Total assets€603,933within the sector's middle half-€864,543within the sector's middle half▲ 43.2%€749,790within the sector's middle half▼ 13.3%€1.0mabove the sector's middle half▲ 36.3%
Debt€163,087-€223,577▲ 37.1%€73,077▼ 67.3%€146,761▲ 101%
Working capital€440,846above the sector's middle half-€640,966above the sector's middle half▲ 45.4%€587,580above the sector's middle half▼ 8.3%€827,813above the sector's middle half▲ 40.9%
Solvency73.0%within the sector's middle half-74.1%within the sector's middle half▲ 1.1pp90.3%above the sector's middle half▲ 16.1pp85.6%above the sector's middle half▼ 4.6pp
Current ratio3.70within the sector's middle half-3.87within the sector's middle half▲ 0.169.06above the sector's middle half▲ 5.207.59above the sector's middle half▼ 1.47
Return on assets (ROA)72.7%above the sector's middle half-23.1%within the sector's middle half▼ 49.5pp4.8%within the sector's middle half▼ 18.4pp19.4%within the sector's middle half▲ 14.6pp
Staff (FTE)1-0.8▼ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 578% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€68,514 ▼ 23.3%
Current assets
€953,350 ▲ 44.3%
Equity and liabilities €1.0m
Equity
€875,102 ▲ 29.3%
Debt
€146,761 ▲ 101%
Debt's share of the balance-sheet total rises from 9.7% to 14.4%. Equity and debt are higher.
Key figures and ratios
ROE
22.7%▲
2024 · 5.3%
Debt ≤ 1 year
€125,536▲
2024 · €72,883
Income taxes
€72,541▲
2024 · €12,865
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €12,970 | €44,041 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €16,973 | €20,812 | ▲ 22.6% |
| Other operating charges640/8 | €890 | €704 | €8,855 | €3,206 | ▼ 63.8% |
| Gross operating margin9900 | €589,152 | €300,346 | €63,016 | €276,335 | ▲ 339% |
| Operating profit (loss)9901 | €575,293 | €255,601 | €37,188 | €252,316 | ▲ 578% |
| Financial income75/76B | €6,602 | €11,361 | €11,756 | €19,152 | ▲ 62.9% |
| Recurring financial income75 | €6,602 | €11,361 | €11,756 | €19,152 | ▲ 62.9% |
| Financial charges65/66B | €1,365 | €4,335 | €333 | €538 | ▲ 61.6% |
| Recurring financial charges65 | €1,365 | €4,335 | €333 | €538 | ▲ 61.6% |
| Profit (loss) for the period before taxes9903 | €580,529 | €262,627 | €48,611 | €270,930 | ▲ 457% |
| Income taxes67/77 | €141,684 | €62,506 | €12,865 | €72,541 | ▲ 464% |
| Profit (loss) for the period9904 | €438,846 | €200,121 | €35,747 | €198,389 | ▲ 455% |
| Profit (loss) for the period to be appropriated9905 | €438,846 | €200,121 | €35,747 | €198,389 | ▲ 455% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €603,933 | €864,543 | €749,790 | €1.0m | ▲ 36.3% |
| Fixed assets21/28 | - | - | €89,326 | €68,514 | ▼ 23.3% |
| Tangible fixed assets22/27 | - | - | €89,326 | €68,514 | ▼ 23.3% |
| Furniture and vehicles24 | - | - | €85,299 | €64,934 | ▼ 23.9% |
| Other tangible fixed assets26 | - | - | €4,028 | €3,580 | ▼ 11.1% |
| Current assets29/58 | €603,933 | €864,543 | €660,463 | €953,350 | ▲ 44.3% |
| Amounts receivable after more than one year29 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Other amounts receivable291 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Amounts receivable within one year40/41 | €60,642 | €290,295 | €419,055 | €645,687 | ▲ 54.1% |
| Trade receivables40 | €4,719 | €182,863 | €207,311 | €315,426 | ▲ 52.2% |
| Other amounts receivable41 | €55,923 | €107,432 | €211,744 | €330,261 | ▲ 56.0% |
| Cash at bank and in hand54/58 | €368,291 | €399,244 | €64,215 | €131,422 | ▲ 105% |
| Deferred charges and accrued income490/1 | - | €4 | €2,193 | €1,241 | ▼ 43.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €603,933 | €864,543 | €749,790 | €1.0m | ▲ 36.3% |
| Equity10/15 | €440,846 | €640,966 | €676,713 | €875,102 | ▲ 29.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €438,846 | €638,966 | €674,713 | €873,102 | ▲ 29.4% |
| Distributable reserves133 | €438,846 | €638,966 | €674,713 | €873,102 | ▲ 29.4% |
| Amounts payable17/49 | €163,087 | €223,577 | €73,077 | €146,761 | ▲ 101% |
| Amounts payable within one year42/48 | €163,087 | €223,577 | €72,883 | €125,536 | ▲ 72.2% |
| Trade debts44 | €89 | €153,616 | €60,018 | €52,848 | ▼ 11.9% |
| Suppliers440/4 | €89 | €153,616 | €60,018 | €52,848 | ▼ 11.9% |
| Taxes, remuneration and social security45 | €162,998 | €69,961 | €12,865 | €72,688 | ▲ 465% |
| Taxes450/3 | €162,998 | €69,961 | €12,865 | €72,688 | ▲ 465% |
| Accrued charges and deferred income492/3 | - | - | €194 | €21,225 | ▲ 10,859% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €438,846 | €200,121 | €35,747 | €198,389 | ▲ 455% |
| + Depreciation and write-downs630 | - | - | €16,973 | €20,812 | ▲ 22.6% |
| Operating cash flow (approximation) | €438,846 | €200,121 | €52,720 | €219,201 | ▲ 316% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - |
| Change in cash | - | €30,953 | -€335,029 | €67,206 | ▲ 120% |
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
Next filing, fiscal year 2026, expected by
2026
23-07
State Gazette act
General meeting · Merger
Accounting effect · Declaration
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-06
Financial
Weakest financial yearnet €35,747 ▼82.1%
Net result drops to €35,747, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 9.06
Current ratio from 3.87 to 9.06; short-term debt falls from €223,577 to €72,883.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
30-06
Financial
Equity above €500,000Eq €640,966 ▲45.4%
2 profitable years in a row build equity to €640,966.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 150 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
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.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2020
Ground area
419 m²
Building footprint
144 m²
Volume, LiDAR
1,473 m³
Parcel 11806F1307/00R014, Flanders · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Shelanu
since 20202.306.420.963
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1307/00R014 | Flanders | 419 m² | 1 · 144 m² | 17.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
-
30%
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 12,994 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded01-09-2020
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753552121
Also
9925:BE0753552121
Registered
11-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.