Shelter Retail
Shelter Retail has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-136k) and a net result of €-2k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 15% of 1432 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
| Equity | €-136k |
| Net result | €-2k |
| Staff (FTE) | 5.8 |
| Better than sector | 15% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -25.4% | 23.5% | |
| Net result | €-2k | €7k | |
| Equity | €-136k | €25k | |
| Gross operating margin | €323k | €34k | |
| Staff costs | €279k | €42k |
Show 11 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | - |
| EBITDA | €41k |
| Net profit | €-2k |
| Cash flow | €27k |
| Staff costs | €279k |
| Income taxes | €301 |
| Dividends | - |
| Total assets | €534k |
| Equity | €-136k |
| Debt | €670k |
| of which ≤ 1y | €626k |
| of which > 1y | €43k |
| Working capital | €-185k |
| Employees (FTE) | 5.8 |
| 2025 | |
|---|---|
| Current ratio | 0.70 |
| Quick ratio | 0.18 |
| Working capital ratio | -34.6% |
| Solvency | -25.4% |
| Debt / equity | -4.94 |
| Long-term debt ratio | -0.31 |
| Interest coverage | 2.90 |
| Gross margin | - |
| Net margin | - |
| ROA | -0.4% |
| ROE | 1.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €534k |
| Fixed assets | 21/28 | €93k |
| Tangible fixed assets | 22/27 | €93k |
| Current assets | 29/58 | €441k |
| Stocks & contracts in progress | 3 | €332k |
| Amounts receivable within one year | 40/41 | €101k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €534k |
| Equity | 10/15 | €-136k |
| Contributions / capital | 10/11 | €12k |
| Accumulated profits (losses) | 14 | €-148k |
| Amounts payable | 17/49 | €670k |
| Amounts payable after one year | 17 | €43k |
| Amounts payable within one year | 42/48 | €626k |
| Trade debts payable within one year | 44 | €141k |
| Income statement | ||
| Gross operating margin | 9900 | €323k |
| Operating result | 9901 | €12k |
| Financial income | 75 | €230 |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €-2k |
| Income taxes | 67/77 | €301 |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
| NACE primary | Detailhandel in damesbovenkleding(47711) |
| Legal form | Private limited company(610) |
| Incorporation | 12-01-2018 |
| Status | Active |
| Postal code | 9000 |
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. |
|---|---|---|---|---|
| 44802B1741/00C000 | Flanders | 535 m² | 1 · 536 m² | 17.6 m · 4 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
30-01-2024 Change in the board of directors
Technical details
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"events": [
{
"kind": "substantive_delegation",
"role": "dagelijks_bestuur",
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"reason": null,
"subkind": null,
"via_org": {
"kbo": "0553.969.770",
"name": "SPARK",
"address": "Marcel Van der Aastraat 44, 9120 Beveren",
"country": "BE",
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},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De vergadering geeft bijzondere volmacht aan de besloten vennootschap \u201CSPARK\u201D met zetel te 9120 Beveren, Marcel Van der Aastraat 44, ondernemingsnummer 0553.969.770, RPR Gent afdeling Dendermonde en ook aan haar bedienden, aangestelden en lasthebbers, om met mogelijkheid tot indeplaatsstelling, alle",
"decharge_status": null,
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"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Jeroen Parmentier",
"firm_city": null,
"firm_name": "NOTAS, geassocieerde notarissen",
"office_city": "Gent",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-30",
"filing_date": "2024-01-26",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-01-09",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0687.899.650",
"name_full": "Shelter Retail",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
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"person_name": "Jeroen Parmentier",
"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"een uitgifte van het proces-verbaal",
"de geco\u00F6rdineerde tekst van de statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | Shelter Retail |