SHILLING
ActiveSummary
SHILLING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-112k) and a net result of €-43k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8048 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
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History
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Financials · fiscal year 2025, micro schema
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| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €9k | €0 | €13k | €0 | €5k | - |
| Remuneration, social security and pensions62 | €246k | €377k | €334k | €417k | €460k | ▲ 10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €34k | €19k | €20k | €20k | ▼ 1.8% |
| Other operating charges640/8 | €5k | €14k | €7k | €14k | €4k | ▼ 68.6% |
| Non-recurring operating charges66A | - | - | - | €365 | €889 | ▲ 143% |
| Gross operating margin9900 | €321k | €356k | €415k | €415k | €457k | ▲ 10.3% |
| Operating profit (loss)9901 | €45k | €-69k | €54k | €-37k | €-28k | ▲ 24.7% |
| Financial income75/76B | €316 | €973 | €981 | €1k | €257 | ▼ 82.4% |
| Recurring financial income75 | €316 | €973 | €981 | €1k | €257 | ▼ 82.4% |
| Financial charges65/66B | €6k | €10k | €16k | €14k | €15k | ▲ 6.6% |
| Recurring financial charges65 | €6k | €10k | €16k | €14k | €15k | ▲ 6.6% |
| Profit (loss) for the period before taxes9903 | €39k | €-78k | €39k | €-50k | €-43k | ▲ 14.1% |
| Income taxes67/77 | €0 | €-236 | €15k | €140 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €39k | €-77k | €25k | €-50k | €-43k | ▲ 14.3% |
| Profit (loss) for the period to be appropriated9905 | €39k | €-77k | €25k | €-50k | €-43k | ▲ 14.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €267k | €267k | €170k | €141k | €128k | ▼ 8.7% |
| Fixed assets21/28 | €146k | €124k | €83k | €70k | €61k | ▼ 13.4% |
| Intangible fixed assets21 | €6k | €1k | €0 | - | - | - |
| Tangible fixed assets22/27 | €140k | €123k | €83k | €70k | €61k | ▼ 13.4% |
| Plant, machinery and equipment23 | €8k | €7k | €19k | €23k | €23k | ▲ 3.0% |
| Furniture and vehicles24 | €72k | €60k | €14k | €6k | €2k | ▼ 65.5% |
| Other tangible fixed assets26 | €60k | €56k | €50k | €41k | €35k | ▼ 14.2% |
| Current assets29/58 | €121k | €142k | €87k | €71k | €68k | ▼ 4.1% |
| Amounts receivable after more than one year29 | €8k | €5k | €0 | - | - | - |
| Other amounts receivable291 | €8k | €5k | €0 | - | - | - |
| Stocks and contracts in progress3 | €5k | €13k | €10k | €12k | €12k | ▼ 3.9% |
| Stocks30/36 | €5k | €13k | €10k | €12k | €12k | ▼ 3.9% |
| Amounts receivable within one year40/41 | €40k | €31k | €63k | €40k | €19k | ▼ 53.4% |
| Trade receivables40 | €16k | €8k | €35k | €19k | €19k | ▼ 2.0% |
| Other amounts receivable41 | €24k | €24k | €28k | €21k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €66k | €32k | €12k | €16k | €34k | ▲ 112% |
| Deferred charges and accrued income490/1 | €3k | €61k | €2k | €2k | €3k | ▲ 61.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €267k | €267k | €170k | €141k | €128k | ▼ 8.7% |
| Equity10/15 | €33k | €-45k | €-20k | €-70k | €-112k | ▼ 61.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €27k | €-51k | €-26k | €-76k | €-119k | ▼ 56.1% |
| Amounts payable17/49 | €234k | €311k | €190k | €211k | €241k | ▲ 14.4% |
| Amounts payable after more than one year17 | €36k | €4k | €29k | €19k | €14k | ▼ 26.5% |
| Financial debts170/4 | €30k | €0 | €25k | €15k | €10k | ▼ 33.6% |
| Other amounts payable178/9 | €6k | €4k | €4k | €4k | €4k | = |
| Amounts payable within one year42/48 | €198k | €307k | €161k | €187k | €222k | ▲ 18.8% |
| Current portion of amounts payable after more than one year42 | €32k | €30k | €0 | €5k | €5k | ▲ 5.4% |
| Financial debts43 | €2k | €6k | €117 | €117 | €159 | ▲ 35.9% |
| Credit institutions430/8 | €2k | €6k | €117 | €117 | €159 | ▲ 35.9% |
| Trade debts44 | €111k | €133k | €87k | €105k | €97k | ▼ 7.4% |
| Suppliers440/4 | €111k | €133k | €87k | €105k | €97k | ▼ 7.4% |
| Taxes, remuneration and social security45 | €49k | €129k | €67k | €70k | €97k | ▲ 38.8% |
| Taxes450/3 | €19k | €95k | €40k | €40k | €58k | ▲ 42.5% |
| Remuneration and social security454/9 | €30k | €34k | €27k | €29k | €39k | ▲ 33.8% |
| Other amounts payable47/48 | €4k | €10k | €7k | €7k | €22k | ▲ 224% |
| Accrued charges and deferred income492/3 | - | €329 | €0 | €5k | €5k | ▲ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €-77k | €25k | €-50k | €-43k | ▲ 14.3% |
| + Depreciation and write-downs630 | €24k | €34k | €19k | €20k | €20k | ▼ 1.8% |
| Operating cash flow (approximation) | €63k | €-44k | €44k | €-29k | €-23k | ▲ 23.1% |
| Investment in fixed assets (approximation) | - | €-12k | €22k | €-8k | €-11k | ▼ 38.3% |
| Change in cash | - | €-33k | €-20k | €4k | €18k | ▲ 396% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
20-08
State Gazette act
Resignations: HEISTERKAMP, Hermenegildo (manager) and VAN DER MEER, Eva (manager)Reappointments: HEISTERKAMP, Hermenegildo (non-statutory director) and VAN DER MEER, Eva (non-statutory director) · Statutes amendment · Reserve release15 facts ▸
- General meeting, 23-07-2026
- Statutes amendment
- Reserve release, Opheffing van de statutair onbeschikbare eigen vermogensrekening (gestort kapitaal + wettelijke reserve)
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Capital, €18.550
- Director resignation, HEISTERKAMP, Hermenegildo (manager)
- Director resignation, VAN DER MEER, Eva (manager)
- Director reappointment, HEISTERKAMP, Hermenegildo (non-statutory director)
- +3 further facts in this act
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3658/00A002 | Flanders | 79 m² | 1 · 79 m² | 19.5 m · 6 fl. |
Linked by address, not proof of ownership
Articles of association
Full purpose
De uitbating van een horecabedrijf meer bepaald het uitbaten van een restaurant, brasserie, taverne, café, ijssalon, verbruikssalon, broodjeszaak, frituur, snackbar, pizzeria, pitta-bar, feest- en vergaderzalen. Het aannemen van feesten en banketten zowel binnen- als buitenhuis. Het uitbaten en verhuren van feestzalen, traiteurdienst. De uitbating van dancings, discotheken, fuif- en concertzalen, privéclubs. De handel in het algemeen van wijnen, bieren, waters, sappen en alle andere dranken, koffie, thee en allerhande benodigdheden, materialen, materieel welke op voorgaande activiteiten betrekking hebben. De verhuur van allerlei horecamaterialen, -machines en –materieel. De verhuur van alle instrumenten, audio-, video- en lichtapparatuur, en -installaties alsmede de verhuur van videocassettes en –banden, CD's, grammafoonplaten, enzoverder. Het beheer en de uitbreiding van voor eigen rekening van een patrimonium bestaande uit roerende en onroerende goederen zowel in het binnenland als in het buitenland alsmede alle handelingen die daar rechtstreeks of onrechtstreeks verband mee houden of die van die aard zijn de opbrengst van haar goederen te bevorderen, zoals de aankoop en de verkoop, huur en verhuur, de ruiling of in het algemeen de verwerving of de overdracht van goederen zo roerende als onroerende, het onderhoud, de ontwikkeling, de verfraaiing en de verhuring van goederen, met uitzondering van die verrichtingen die verband houden met de normale activiteiten uitgeoefend door vastgoedmakelaars. De vennootschap mag ook de functie van zaakvoerder, bestuurder of vereffenaar van andere vennootschappen uitoefenen. Zij mag alle commerciële, financiële, industriële, roerende en onroerende handelingen doen die rechtstreeks of onrechtstreeks met haar voorwerp in verband staan of de verwezenlijking ervan kunnen vergemakkelijken; Zij mag zich door vereniging, fusie, inschrijving, participaties, financiële tussenkomst of om het even welke wijze interesseren in alle bestaande of op te richten vennootschappen, waarvan het voorwerp hetzelfde of verwant aan het hare zou zijn, of die van aard zijn haar activiteiten te bevorderen. Zij mag zich borgstellen voor derden evenals hypotheken verstrekken in voordeel van derden.
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- 20-08-2026 Capital stated in the act · 18,550 EUR · 100 shares
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
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