Shelby
The computed 12-month bankruptcy probability of Shelby is 0.6% (low). The 2024 annual accounts show equity of €392k and a net result of €834k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 53% of 773 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €392k |
| Net result | €834k |
| Staff (FTE) | 0.2 |
| Better than sector | 53% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 20.1% | 16.4% | |
| Net result | €834k | €-2k | |
| Equity | €392k | €130k | |
| Gross operating margin | €1.16M | €45k | |
| Staff costs | €3k | €80k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €1.15M |
| Net profit | €834k |
| Cash flow | €849k |
| Staff costs | €3k |
| Income taxes | €259k |
| Dividends | €450k |
| Total assets | €1.95M |
| Equity | €392k |
| Debt | €1.56M |
| of which ≤ 1y | €1.56M |
| of which > 1y | - |
| Working capital | €294k |
| Employees (FTE) | 0.2 |
| 2024 | |
|---|---|
| Current ratio | 1.19 |
| Quick ratio | 0.33 |
| Working capital ratio | 15.0% |
| Solvency | 20.1% |
| Debt / equity | 3.98 |
| Long-term debt ratio | - |
| Interest coverage | 21.52 |
| Gross margin | - |
| Net margin | - |
| ROA | 42.8% |
| ROE | 213.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.95M |
| Fixed assets | 21/28 | €99k |
| Tangible fixed assets | 22/27 | €37k |
| Financial fixed assets | 28 | €62k |
| Current assets | 29/58 | €1.85M |
| Stocks & contracts in progress | 3 | €1.34M |
| Amounts receivable within one year | 40/41 | €13k |
| Cash & bank | 54/58 | €500k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.95M |
| Equity | 10/15 | €392k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €323k |
| Amounts payable | 17/49 | €1.56M |
| Amounts payable within one year | 42/48 | €1.56M |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €1.16M |
| Operating result | 9901 | €1.14M |
| Financial income | 75 | €11k |
| Financial charges | 65 | €54k |
| Result before taxes | 9903 | €1.09M |
| Income taxes | 67/77 | €259k |
| Net result for the period | 9904 | €834k |
| Result to be appropriated | 9905 | €834k |
| NACE primary | Real estate rental(68203) |
| Legal form | Public limited company(014) |
| Incorporation | 25-03-2021 |
| Status | Active |
| Postal code | 5100 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302E0163/00V002 | Wallonia | 1,529 m² | 1 · 42 m² | 18.6 m · 6 fl. |
| 92135H0406/00_000 | Wallonia | 269 m² | 1 · 240 m² | 10.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-03-2026 Registered office moved from Namur to Wépion
- Avenue Félicien Rops 23 boîte 1, 5000 Namur, → Tienne aux Clochers 86, 5100 Wépion.
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Tienne aux Clochers 86, 5100 W\u00E9pion.",
"city": "W\u00E9pion",
"region": "waals_gewest",
"street": "Aux Clochers",
"country": "BE",
"postcode": "5100",
"box_number": null,
"street_number": "86",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue F\u00E9licien Rops 23 bo\u00EEte 1, 5000 Namur,",
"city": "Namur",
"region": "waals_gewest",
"street": "Avenue F\u00E9licien Rops",
"country": "BE",
"postcode": "5000",
"box_number": "1",
"street_number": "23",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "Les actionnaires d\u00E9cident par la pr\u00E9sente de transf\u00E9rer le si\u00E8ge social de l\u0027Avenue F\u00E9licien Rops 23 boite 1, 5000 Namur vers Tienne aux Clochers 86, 5100 W\u00E9pion.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-13",
"filing_date": "2026-03-04",
"act_kind_objet": "Obiet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2026-02-03",
"unanimous": true
},
"subject_company": {
"kbo": "0765.658.612",
"name_full": "Shelby",
"legal_form": "SA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Benjamin FRANCQ",
"org_rep_person_name": null,
"person_role_at_subject": "Le pr\u00E9sident"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}29-03-2021 Incorporation of a new SNC
Technical details
{
"kind": "oprichting",
"seat": "5000 Namur, Avenue F\u00E9licien Rops 23 bte 1",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0685.779.013",
"name": "BG Development"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": "0685.779.013",
"holder_org_name": "BG Development",
"contribution_type": "cash",
"amount_paid_in_eur": 31000,
"holder_person_name": null,
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 31000,
"is_anonymous_silent_partner": false
},
{
"org": {
"kbo": "0720.584.888",
"name": "IM MANAGEMENT"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": "0720.584.888",
"holder_org_name": "IM MANAGEMENT",
"contribution_type": "cash",
"amount_paid_in_eur": 31000,
"holder_person_name": null,
"is_subscriber_only": false,
"n_shares_subscribed": 50,
"amount_subscribed_eur": 31000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 62000,
"subject_company": {
"kbo": "0765.658.612",
"name_full": "Shelby",
"legal_form": "SNC"
},
"initial_directors": [],
"incorporation_date": "2021-03-24",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Shelby |