SHIBUI
ActiveSHIBUI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €13k and a net result of €14k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 57% of 15230 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2023
86
/ 100
Excellent▲ +64 vs 2022
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability100=
Solvency89▲+45
Growth52▲+30
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 1.88 against 0.97 in 2022), but 53.1% 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.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
46.9%
Return on assets
49.1%
Age of the figures
32 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline13-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-06-2025, 327 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
327 d late
2022
206 d late
2021
31 d late
2020
1 d early
2019
105 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€73k▲ 29.3%
2020 · €56k
2019: €247k
2020: €56k
2019 → 2021
EBIT margin
6.5%▲ 6.2pp
2020 · 0.3%
2019: 0.1%
2020: 0.3%
2019 → 2021
Net result
€14k
2022 · €-16k
2019: €159
2020: €111
2021: €5k
2022: €-16k
2019 → 2023
Working capital
€13k
2022 · €-626
2019: €10k
2020: €10k
2021: €15k
2022: €-626
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€247k-€56k▼ 77.2%€73k▲ 29.3%
Equity€10k-€10k▲ 1.1%€15k▲ 45.4%€-626€13k
Operating result€347-€177▼ 49.1%€5k▲ 2,577%€-16k€15k
Net result€159-€111▼ 30.5%€5k▲ 4,114%€-16k€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €15k after a loss of €16k in 2022, the highest year so far.
Balance-sheet composition
Equity and liabilities €29k
Equity
€13k
Debt
€15k
Debt finances 53.1% of the balance-sheet total.
Key figures and ratios
Solvency
46.9%▲
2022 · -2.7%
Current ratio
1.88▲
2022 · 0.97
Quick ratio
1.88▲
2022 · 0.97
Debt / equity
1.13
ROE
104.7%
ROA
49.1%▲
2022 · -66.6%
Debt
€15k▼
2022 · €24k
Debt ≤ 1 year
€15k▼
2022 · €24k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€23k€29k▲
Current assets29/58€23k€29k▲
Amounts receivable within one year40/41€14k€11k▼
Trade receivables40€14k€10k▼
Other amounts receivable41€195€795▲
Cash at bank and in hand54/58€8k€17k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€23k€29k▲
Equity10/15€-626€13k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-11k€3k▲
Amounts payable17/49€24k€15k▼
Amounts payable within one year42/48€24k€15k▼
Trade debts44€24k€11k▼
Suppliers440/4€24k€11k▼
Advances received on contracts in progress46-€950
Taxes, remuneration and social security45€38€3k▲
Taxes450/3€38€3k▲
Other amounts payable47/48-€6
Income statement
Code20222023
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€927€655▼
Gross operating margin9900€-15k€18k▲
Operating profit (loss)9901€-16k€15k▲
Financial income75/76B€191-
Recurring financial income75€191-
Financial charges65/66B€157€861▲
Recurring financial charges65€157€861▲
Profit (loss) for the period before taxes9903€-16k€14k▲
Profit (loss) for the period9904€-16k€14k▲
Profit (loss) for the period to be appropriated9905€-16k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€3k▲
Profit (loss) brought forward from the previous period14P€5k€-11k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 327 days late
2024
22-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 206 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
2022
31-12
Financial
Weakest financial yearnet €-16k ▼434%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
29-09-2023
Resigned as Director
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 2018
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.
Felix Beernaertsplein 579230 WetterenGround area
279 m²
Building footprint
207 m²
Volume, LiDAR
1,399 m³
Parcel 42302E0015/00W000, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SHIBUI
since 20182.276.319.586
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0015/00W000 | Flanders | 279 m² | 1 · 207 m² | 12.9 m · 2 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.
Similar companies · same sector, comparable size
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CHARLES NICOLAY
BE 0417.781.869
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LAURENT EMMS
BE 0550.350.878
Jabbeke · Eq €13k
AUTO ILLI
BE 0844.020.853
Anderlecht · Eq €14k
Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 1,010 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2018
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46471Wholesale trade
47120Other non-specialised retail sale
47910Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.