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SHIELMARTIN

Active Risk: very low
Non-profit associationfounded 201610 yrs activeHenri Farmanstraat 25, 9000 Gent, BelgiumKBO/BCE: BE 0655.677.735
Summary

SHIELMARTIN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €7k and a net result of €2k. The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Axes, FY 2019
Profitability44
Solvency32
Growth-
Track record85
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2019
Solvency, return and age of the figures
Solvency
7.2%
Return on assets
2.5%
Age of the figures
81 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 23-07-2020, 8 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2019
8 d early
2018
13 d early
2017
41 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

Financials · fiscal year 2019, micro schema

Equity
€7k
Total assets
€90k
Net result
€2k
Working capital
€-5k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €90k
Fixed assets €76k
Current assets €15k
Equity and liabilities €90k
Equity €7k
Provisions €5k
Debt €79k
Debt finances 86.9% of the balance-sheet total.
Key figures and ratios
2019 value
EBITDA
€17k
Cash flow
€12k
Current ratio
0.73
Debt to equity
8.92
ROE
35.1%
ROA
2.5%
Debt ≤ 1 year
€20k
Debt > 1 year
€58k
Income taxes
€1k
Filed annual accounts As filed with the NBB · 2019 · 25 lines
Balance sheet Code2019
Assets
Total assets20/58€90k
Fixed assets21/28€76k
Tangible fixed assets22/27€76k
Current assets29/58€15k
Amounts receivable within one year40/41€5k
Cash at bank and in hand54/58€10k
Equity and liabilities
Total equity and liabilities10/49€90k
Equity10/15€7k
Contributions10/11€6k
Reserves13€338
Profit (loss) carried forward14€-2k
Provisions and deferred taxes16€5k
Amounts payable17/49€79k
Amounts payable after more than one year17€58k
Amounts payable within one year42/48€20k
Trade debts44€10k
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k
Gross operating margin9900€19k
Operating profit (loss)9901€7k
Recurring financial income75€48
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€3k
Income taxes67/77€1k
Profit (loss) for the period9904€2k
Profit (loss) for the period to be appropriated9905€2k

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Timeline · acts, filings and financial milestones

2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
18-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
NBB filing

Directors · office · real estate

Directors
6 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, Gent · 1 establishment unit since 2016
establishment The establishment unit on the map
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.

Henri Farmanstraat 259000 Gent
Ground area
4.6 ha
Building footprint
286 m²
Volume, LiDAR
1,011 m³
Parcel 44812P0639/00G020, Flanders · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SHIELMARTIN
Henri Farmanstraat 25, 9000 GentCafés and bars
since 20162.255.941.767
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44812P0639/00G020 Flanders 4.6 ha 1 · 286 m² 4.7 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.

Similar companies · same sector, comparable size

Of 886 companies in sector 74991 we hold annual accounts for 317. 147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded26-05-2016
Fiscal year end31-12
Activities, NACEBEL 2025
74991Agents and managers of artists, athletes and other public figures
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

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