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SHERGIL

Active
Private limited companyfounded 20233 yrs activeRue Bizette 17, 4041 Herstal, BelgiumKBO/BCE: BE 0804.700.716
Summary

The computed 12-month bankruptcy probability of SHERGIL is 6.0% (elevated). The 2025 annual accounts show equity of €23,164 and a net result of €3,591. Its solvency ranks better than 37% of 4709 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability48▼-52
Solvency52▼-27
Growth52
Track record94
Bankruptcy probability, 12 months
6.0% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.36 against 2.19 in 2024; short-term debt: 73.5% and cash: 18.3% of total assets), and 73.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
26.5%
Return on assets
4.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
24 d late
2024
140 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 82 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SHERGIL was incorporated on 9 August 2023 as a Private limited company.1 The registered office was moved to Herstal in 2026.2 Since 2026, Singh Sarbjit has served as director of the company.2

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 01-09-2026

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Financials · fiscal year 2025, micro schema

Equity
€23,164▲ 18.3%
2024 · €19,573
Total assets
€87,354▲ 143%
2024 · €35,973
Net result
€3,591▼ 80.1%
2024 · €18,073
Working capital
€23,164▲ 18.3%
2024 · €19,573
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€9,407--€7,576
Net result€18,073within the sector's middle half-€3,591within the sector's middle half▼ 80.1%
Equity€19,573within the sector's middle half-€23,164within the sector's middle half▲ 18.3%
Total assets€35,973below the sector's middle half-€87,354within the sector's middle half▲ 143%
Debt€16,400-€64,190▲ 291%
Working capital€19,573within the sector's middle half-€23,164within the sector's middle half▲ 18.3%
Solvency54.4%within the sector's middle half-26.5%within the sector's middle half▼ 27.9pp
Current ratio2.19within the sector's middle half-1.36within the sector's middle half▼ 0.83
Return on assets (ROA)50.2%above the sector's middle half-4.1%within the sector's middle half▼ 46.1pp
Staff (FTE)2-2.7▲ 35.0%
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
-€10,000€0€10,000€20,000Operating result 2024: €9,407€9,407Net result 2024: €18,073€18,073Operating result 2025: -€7,576-€7,576Net result 2025: €3,591€3,59120242025-€10,000€0€10,000€20,000Operating result 2024: €9,407€9,410Net result 2024: €18,073€18,100Operating result 2025: -€7,576-€7,580Net result 2025: €3,591€3,59020242025
The operating result turns negative in 2025: a loss of €7,576 after €9,407 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €87,354
Equity €23,164 ▲ 18.3%
Debt €64,190 ▲ 291%
Debt's share of the balance-sheet total rises from 45.6% to 73.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.83▼
2024 · 2.19
Debt to equity
2.77▲
2024 · 0.84
ROE
15.5%▼
2024 · 92.3%
Debt ≤ 1 year
€64,190▲
2024 · €16,400
Staff costs
€74,070▼
2024 · €82,096
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.3% went bankrupt
1.1% stopped otherwise
95% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,541 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€35,973€87,354▲
Current assets29/58€35,973€87,354▲
Stocks and contracts in progress3-€34,336
Stocks30/36-€34,336
Amounts receivable within one year40/41€26,598€37,038▲
Trade receivables40€3,370€37,029▲
Other amounts receivable41€23,228€9▼
Cash at bank and in hand54/58€9,375€15,981▲
Equity and liabilities
Total equity and liabilities10/49€35,973€87,354▲
Equity10/15€19,573€23,164▲
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14€18,073€21,664▲
Amounts payable17/49€16,400€64,190▲
Amounts payable within one year42/48€16,400€64,190▲
Trade debts44€596€27,426▲
Suppliers440/4€596€27,426▲
Taxes, remuneration and social security45€15,804€22,195▲
Taxes450/3€3,024€7,539▲
Remuneration and social security454/9€12,781€14,656▲
Other amounts payable47/48-€14,569
Income statement Code20242025
Remuneration, social security and pensions62€82,096€74,070▼
Other operating charges640/8€440€1,099▲
Gross operating margin9900€91,943€67,593▼
Operating profit (loss)9901€9,407-€7,576▼
Financial income75/76B€11,834€12,639▲
Recurring financial income75€11,834€12,639▲
Financial charges65/66B€1,383€1,472▲
Recurring financial charges65€1,383€1,472▲
Profit (loss) for the period before taxes9903€19,858€3,591▼
Income taxes67/77€1,785-
Profit (loss) for the period9904€18,073€3,591▼
Profit (loss) for the period to be appropriated9905€18,073€3,591▼
Appropriation of the result
Profit (loss) to be appropriated9906€18,073€21,664▲
Profit (loss) brought forward from the previous period14P-€18,073

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€82,096€74,070▼ 9.8%
Other operating charges640/8€440€1,099▲ 150%
Gross operating margin9900€91,943€67,593▼ 26.5%
Operating profit (loss)9901€9,407-€7,576▼ 181%
Financial income75/76B€11,834€12,639▲ 6.8%
Recurring financial income75€11,834€12,639▲ 6.8%
Financial charges65/66B€1,383€1,472▲ 6.4%
Recurring financial charges65€1,383€1,472▲ 6.4%
Profit (loss) for the period before taxes9903€19,858€3,591▼ 81.9%
Income taxes67/77€1,785--
Profit (loss) for the period9904€18,073€3,591▼ 80.1%
Profit (loss) for the period to be appropriated9905€18,073€3,591▼ 80.1%
Line20242025Change
Assets
Total assets20/58€35,973€87,354▲ 143%
Current assets29/58€35,973€87,354▲ 143%
Stocks and contracts in progress3-€34,336-
Stocks30/36-€34,336-
Amounts receivable within one year40/41€26,598€37,038▲ 39.3%
Trade receivables40€3,370€37,029▲ 999%
Other amounts receivable41€23,228€9▼ 100.0%
Cash at bank and in hand54/58€9,375€15,981▲ 70.5%
Equity and liabilities
Total equity and liabilities10/49€35,973€87,354▲ 143%
Equity10/15€19,573€23,164▲ 18.3%
Contributions10/11€1,500€1,500=
Profit (loss) carried forward14€18,073€21,664▲ 19.9%
Amounts payable17/49€16,400€64,190▲ 291%
Amounts payable within one year42/48€16,400€64,190▲ 291%
Trade debts44€596€27,426▲ 4,503%
Suppliers440/4€596€27,426▲ 4,503%
Taxes, remuneration and social security45€15,804€22,195▲ 40.4%
Taxes450/3€3,024€7,539▲ 149%
Remuneration and social security454/9€12,781€14,656▲ 14.7%
Other amounts payable47/48-€14,569-
Line20242025Change
Profit (loss) for the period9904€18,073€3,591▼ 80.1%
Operating cash flow (approximation)€18,073€3,591▼ 80.1%
Change in cash-€6,606-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
01-09
State Gazette act Appointment: Singh Sarbjit (director)
Registered-office move3 facts ▸
  • General meeting, 11-08-2026
  • Director appointment, Singh Sarbjit (director)
  • Registered-office move, Rue Bizette 17 à 4041 Herstal
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
18-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 140 days late
State Gazette actNBB filing
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Singh Sarbjit
Director · since 11-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herstal · 3 establishment units since 2023
seat establishment approximate All 3 establishment units on the map
Ground area
1.6 ha
Building footprint
68 m²
Volume, LiDAR
850 m³
3 parcels, Wallonia · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
L'ESSENTIEL
Grand'Route 19, 4347 Fexhe-le-Haut-ClocherRetail trade
since 20232.349.085.919
Shergill
Rue Elisa Dumonceau 1, 4040 HerstalRetail sale of wines and spirits
since 20242.361.775.992
SHERGIL
Rue Bizette 17, 4041 HerstalFreight transport by road
since 20262.390.345.759
3 parcels
Wallonia 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64423B0243/00C000indicative Wallonia 1.4 ha - -
62112B1107/00A000 Wallonia 1,001 m² - -
62051D1214/00B002 Wallonia 290 m² 1 · 68 m² 13.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
Singh Sarbjit
  • Director, from 11-08-2026 to date
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Recognitions · licences · registrations

Food safety, FASFC

2 sites
Fexhe-le-Haut-Clocher2.349.085.919
2 permissions
Toelating · Detailhandel · since 21-09-2023
Detailhandel LM>3 maand · since 12-09-2023
Herstal2.361.775.992
1 permission
Toelating · Detailhandel · since 23-08-2024

Similar companies · same sector, comparable size

Of 12,584 companies in sector 49410 we hold annual accounts for 8,203. 5,159 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-08-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
49410Freight transport by road
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
47260Retail trade
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804700716
Also 9925:BE0804700716
Registered 17-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.