Sheltr
ActiveSheltr has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 41% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▼-4
Solvency34▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.27 in 2024), and 80.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.5%
Return on assets
3.7%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €125k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-04-2026, 93 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
93 d early
2024
127 d early
2023
132 d early
2022
138 d early
2021
68 d early
2020
37 d early
2019
78 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€125k▲ 23.8%
2024 · €101k
2018: €59k
2019: €68k
2020: €32k
2021: €27k
2022: €17k
2023: €50k
2024: €101k
2018 → 2025
Total assets
€642k▲ 39.8%
2024 · €459k
2018: €67k
2019: €69k
2020: €44k
2021: €39k
2022: €20k
2023: €75k
2024: €459k
2018 → 2025
Net result
€24k▼ 52.7%
2024 · €51k
2018: €13k
2019: €9k
2020: €-15k
2021: €-4k
2022: €-10k
2023: €33k
2024: €51k
2018 → 2025
Working capital
€184k▲ 87.6%
2024 · €98k
2018: €34k
2019: €47k
2020: €17k
2021: €19k
2022: €14k
2023: €11k
2024: €98k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€17k▼ 37.7%€50k▲ 197%€101k▲ 101%€125k▲ 23.8%
Operating result€-4k-€-10k▼ 145%€38k€72k▲ 88.0%€33k▼ 53.5%
Net result€-4k-€-10k▼ 128%€33k€51k▲ 52.3%€24k▼ 52.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €642k
Fixed assets
€62k▲ 1,972%
Current assets
€580k▲ 27.1%
Equity and liabilities €642k
Equity
€125k▲ 23.8%
Debt
€517k▲ 44.3%
The debt ratio rises from 78.0% to 80.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€38k▼
2024 · €73k
Cash flow
€29k▼
2024 · €52k
Solvency
19.5%▼
2024 · 22.0%
Current ratio
1.46▲
2024 · 1.27
Quick ratio
0.36▲
2024 · 0.09
Debt / equity
4.13▲
2024 · 3.54
ROE
19.2%▼
2024 · 50.3%
ROA
3.7%▼
2024 · 11.1%
Interest coverage
48.62▼
2024 · 744.76
Debt
€517k▲
2024 · €358k
Debt ≤ 1 year
€396k▲
2024 · €358k
Debt > 1 year
€121k
Income taxes
€9k▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€459k€642k▲
Fixed assets21/28€3k€62k▲
Tangible fixed assets22/27€3k€62k▲
Furniture and vehicles24€3k€62k▲
Current assets29/58€456k€580k▲
Stocks and contracts in progress3€422k€438k▲
Stocks30/36€422k€438k▲
Amounts receivable within one year40/41€125€5k▲
Trade receivables40€125€4k▲
Other amounts receivable41-€797
Cash at bank and in hand54/58€34k€137k▲
Deferred charges and accrued income490/1€288€293▲
Equity and liabilities
Total equity and liabilities10/49€459k€642k▲
Equity10/15€101k€125k▲
Contributions10/11€19k€19k=
Reserves13€82k€107k▲
Distributable reserves133€82k€107k▲
Amounts payable17/49€358k€517k▲
Amounts payable after more than one year17-€121k
Financial debts170/4-€121k
Amounts payable within one year42/48€358k€396k▲
Current portion of amounts payable after more than one year42-€10k
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€29k-
Taxes450/3€13k-
Remuneration and social security454/9€16k-
Other amounts payable47/48€326k€384k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€5k▲
Other operating charges640/8€17k€2k▼
Gross operating margin9900€90k€40k▼
Operating profit (loss)9901€72k€33k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€98€785▲
Recurring financial charges65€98€785▲
Profit (loss) for the period before taxes9903€72k€33k▼
Income taxes67/77€21k€9k▼
Profit (loss) for the period9904€51k€24k▼
Profit (loss) for the period to be appropriated9905€51k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€24k▼
Transfer to equity691/2€51k€24k▼
To other reserves6921€51k€24k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €51k ▲52.3%
Operating result €72k, net result €51k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲101%
2 profitable years in a row build equity to €101k.
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €33k
Net result €33k after 3 loss-making years.
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-15k ▼267%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
14-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 8current ratio 44.09
Current ratio from 5.27 to 44.09; short-term debt falls from €8k to €1k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tessenderlo-Ham · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Diesterstraat (C) 1423980 Tessenderlo-HamGround area
1,599 m²
Building footprint
171 m²
Volume, LiDAR
784 m³
Parcel 71057A1171/00Y003, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Sheltr
since 20162.257.600.863
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71057A1171/00Y003 | Flanders | 1,599 m² | 1 · 170 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 267 EUR awarded · 267 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 38 EUR | 38 EUR |
| 2024 | 1 | 101 EUR | 101 EUR |
| 2023 | 1 | 59 EUR | 59 EUR |
| 2022 | 1 | 69 EUR | 69 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,708 companies in sector 68310 we hold annual accounts for 6,875. 5,213 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2016
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.