Shibumi
ActiveShibumi has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €6k. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-32
Solvency69▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.62 in 2024; short-term debt: 54% and cash: 36.6% of total assets), but 56.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
43.5%
Return on assets
2.8%
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 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
89 d late
2023
83 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
31 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€89k▲ 6.8%
2024 · €83k
2018: €39k
2019: €39k
2020: €41k
2021: €54k
2022: €57k
2023: €64k
2024: €83k
2018 → 2025
Total assets
€204k▲ 3.0%
2024 · €198k
2018: €87k
2019: €90k
2020: €89k
2021: €115k
2022: €120k
2023: €174k
2024: €198k
2018 → 2025
Net result
€6k▼ 71.4%
2024 · €20k
2018: €3k
2019: €337
2020: €1k
2021: €14k
2022: €2k
2023: €7k
2024: €20k
2018 → 2025
Working capital
€80k▲ 17.3%
2024 · €68k
2018: €39k
2019: €44k
2020: €46k
2021: €59k
2022: €62k
2023: €41k
2024: €68k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€57k▲ 4.1%€64k▲ 12.3%€83k▲ 31.1%€89k▲ 6.8%
Operating result€19k-€3k▼ 84.4%€15k▲ 385%€28k▲ 89.8%€11k▼ 58.3%
Net result€14k-€2k▼ 83.6%€7k▲ 213%€20k▲ 183%€6k▼ 71.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets
€14k▼ 30.2%
Current assets
€190k▲ 6.8%
Equity and liabilities €204k
Equity
€89k▲ 6.8%
Provisions
€5k=
Debt
€110k▲ 0.2%
The debt ratio falls from 55.5% to 54.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €35k
Cash flow
€13k▼
2024 · €27k
Solvency
43.5%▲
2024 · 42.0%
Current ratio
1.72▲
2024 · 1.62
Quick ratio
1.72▲
2024 · 1.61
Debt / equity
1.24▼
2024 · 1.32
ROE
6.4%▼
2024 · 23.7%
ROA
2.8%▼
2024 · 10.0%
Interest coverage
3.25▼
2024 · 84.67
Debt
€110k▲
2024 · €110k
Debt ≤ 1 year
€110k▲
2024 · €110k
Income taxes
€172▼
2024 · €7k
Staff costs
€17k▼
2024 · €25k
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€198k€204k▲
Fixed assets21/28€20k€14k▼
Intangible fixed assets21€18k€12k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€178k€190k▲
Stocks and contracts in progress3€560€643▲
Stocks30/36€560€643▲
Amounts receivable within one year40/41€125k€114k▼
Trade receivables40€125k€112k▼
Other amounts receivable41€34€2k▲
Cash at bank and in hand54/58€52k€75k▲
Deferred charges and accrued income490/1€466€868▲
Equity and liabilities
Total equity and liabilities10/49€198k€204k▲
Equity10/15€83k€89k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133€2k-
Profit (loss) carried forward14€63k€68k▲
Provisions and deferred taxes16€5k€5k=
Provisions for liabilities and charges160/5€5k€5k=
Environmental obligations163€5k€5k=
Amounts payable17/49€110k€110k▲
Amounts payable within one year42/48€110k€110k▲
Trade debts44€7k€9k▲
Suppliers440/4€7k€9k▲
Advances received on contracts in progress46€655€655=
Taxes, remuneration and social security45€19k€9k▼
Taxes450/3€16k€9k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€83k€92k▲
Income statement
Code20242025
Remuneration, social security and pensions62€25k€17k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€96-
Other operating charges640/8€188€419▲
Gross operating margin9900€60k€36k▼
Operating profit (loss)9901€28k€11k▼
Financial income75/76B€89€124▲
Recurring financial income75€89€124▲
Financial charges65/66B€408€6k▲
Recurring financial charges65€408€6k▲
Profit (loss) for the period before taxes9903€27k€6k▼
Income taxes67/77€7k€172▼
Profit (loss) for the period9904€20k€6k▼
Profit (loss) for the period to be appropriated9905€20k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€68k▲
Profit (loss) brought forward from the previous period14P€43k€63k▲
Social balance
Average headcount (FTE)90870.50.2▼
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 89 days late
2024
31-12
Financial
Highest result since 2018net €20k ▲183%
Operating result €28k, net result €20k, both a record.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 83 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €337 ▼88.9%
Net result drops to €337, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beringen · 2 establishment units since 1993
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.
Trommelaar 353583 BeringenGround area
1,557 m²
Building footprint
422 m²
Volume, LiDAR
2,475 m³
2 parcels, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SHINVEST BVBA
since 19932.038.420.158
Hot Spot Yoga
since 20232.342.618.591
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B0454/00E000 | Flanders | 1,323 m² | 1 · 220 m² | 7.6 m · 2 fl. |
| 31805E0085/00R002 | Flanders | 233 m² | 1 · 203 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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THE LUCKY PONY
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AQUA NIL
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Of 13,489 companies in sector 85510 we hold annual accounts for 718. 528 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-1988
Fiscal year end31-12
Activities, NACEBEL
46411Wholesale trade
85510Sports and recreation education
62020IT consultancy
62200Computer consultancy and computer facilities management
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
74300Other professional, scientific and technical activities
74301Translation services
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.