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SHELLTERWOOD

Active
Private limited company (pre-2019)founded 2010active for 16 yearsGeelsebaan 45, 2470 Retie, BelgiumKBO/BCE: BE 0827.807.896

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of SHELLTERWOOD is 1.7% (moderate). The 2025 annual accounts show equity of €109,739 and a net result of -€58,132. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 88% of 9,811 sector peers (NACE 46, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

History

SHELLTERWOOD was incorporated on 13 July 2010.1 Total assets rose from €84,609 in 2018 to €128,921 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
10-09
NBB filing Annual accounts filedNBB
financial year 2024 · abbreviated format · 406 days late
31-08
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format · 31 days late
2025
31-12
Financial Weakest financial yearnet -€58,132
Net result drops to -€58,132, the lowest in the series.
28-02
Gazette deed Resignation: Stefan Mertens (director)
Director discharge5 facts ▸
  • General meeting, 04-02-2025
  • Director resignation, Stefan Mertens (director (not named in the articles))
  • Director discharge, Stefan Mertens
  • Board meeting, 02-02-2025
  • Director resignation, Stefan Mertens (managing director)

Open the act in the Belgian Official Gazette

2024
31-12
Financial Liquidity more than triplescurrent ratio 10.96
Current ratio from 3.55 to 10.96; short-term debt falls from €58,121 to €14,919.
21-06
NBB filing Annual accounts filedPDF
financial year 2023 · abbreviated format
2023
31-12
Financial Liquidity more than doubledcurrent ratio 3.55
Current ratio from 1.37 to 3.55; short-term debt falls from €351,996 to €58,121.
31-08
NBB filing Annual accounts filedPDF
financial year 2022 · abbreviated format · 31 days late
2022
31-12
Financial Highest result from 2018 to 2025net €234,826 ▲5,323%
Operating result €283,400, net result €234,826, both a record.
31-12
Financial Equity above €150,000equity €159,295 ▲1,001%
2 profitable years in a row build equity to €159,295.
13-10
NBB filing Annual accounts filedPDF
financial year 2021 · abbreviated format · 74 days late
2021
31-12
Financial Back to profitnet €4,330
Net result €4,330 after one loss-making year.
Show earlier events
31-12
Financial Liquidity more than 23 timescurrent ratio 63.39
Current ratio from 2.67 to 63.39.
29-08
NBB filing Annual accounts filedPDF
financial year 2020 · micro format · 29 days late
2020
17-07
NBB filing Annual accounts filedPDF
financial year 2019 · micro format
2019
31-12
Financial Back to profitnet €907
Net result €907 after one loss-making year.
31-12
Financial Liquidity more than triplescurrent ratio 3.36
Current ratio from 0.92 to 3.36; short-term debt falls from €72,578 to €5,480.
27-08
NBB filing Annual accounts filedPDF
financial year 2018 · micro format · 27 days late
2018
30-08
NBB filing Annual accounts filedPDF
financial year 2017 · abbreviated format · 30 days late
2017
28-09
NBB filing Annual accounts filedPDF
financial year 2016 · abbreviated format · 59 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank