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SHINE & BITE

Active Private limited companyfounded 2009active for 17 yearsKoningsgalerij 24, 1000 BrusselsKBO/BCE: BE 0820.405.808 subsidiary of
Part of the group 15 companies in 2 countries

Lifetime

16 annual accounts with figures on one time axis
peak €285,833 (2017)
-€17,406▲ €5,686
lowest -€96,017 (2012)
-€22,070▲ €4,275
peak -€40,314 (2011)
-€686,603▼ €22,070
€690,051▲ 1.4%
peak 6.6 FTE (2017)
-not published
Board2 names since 2018
1 director
Owners
  
Documentsfilings and deeds
24-10-202685 days late
2025micro format
Gross margin from -€23,093 to -€17,406Loss of €22,070Cash from €2,737 to €285

Key points

from the 2025 annual accounts

Equity

-€686,603
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€318,465 in eight years
-22,8052018-47,6022019-41,9522020-57,2352021-67,5292022-32,9272023-26,3452024-22,0702025

Every financial year from 2018 to 2025 closed with a loss. 2022 was the heaviest.

Filings

16 annual accounts 85 days
AprilJune31 JulyOctober2010201520202025

Latest accounts filed late: after the legal deadline.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,909 companies had the same profile as SHINE & BITE has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,909 companies, not a prediction for SHINE & BITE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 99.46%score equity €10.3m (2025) · 2021 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0820405808
Reappointment: (director) General meeting of 05-12-2024 · Gazette deed
Registered office moved within Brussels New registered office: Koningsgalerij 24, 1000 Brussel · Previous registered office: Hoedenmakersstraat 11, 1000 Brussel · Board meeting of 21-09-2022 · Gazette deed
Resignation: (manager) General meeting of 31-01-2020 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
SHINE & BITE Brussels €3,449 -€17,406 -19910.1% -
MV Jewellery Antwerp €2,621 -€75,043 -2105.1% -
PIÙ Brasschaat €3,047 -€12,530 -14914.2% -
VAN GUR Antwerp €1,673 -€666 -465.9% -
NUMAN Brussels €2,667 -€1,169 -2382.8% -
AR-Top Grez-Doiceau €2,342 -€2,259 74.4% -
RES ECLECTICA Genappe €2,235 -€6,246 -1809.8% -

These companies have the same main activity as SHINE & BITE: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €1,670 and €3,050, founded between 1990 and 2017.

Official details

Source: KBO
Status
Active since 09-11-2009Normal situation
Activity
Retail sale of watches and jewelleryNACE 47770and 2 others
Establishment unit
2.186.014.7641000 Brussels, since 01-03-2010
Financial year end
31 December
Peppol
Reachable since 07-01-2026
Company details

Annual accounts 2025

€3,449▼ 78.2%
Filing
Filed on 24-10-2026
Financials

Insights on SHINE & BITE

SHINE & BITE files the micro format. That format states no turnover. The gross margin fell from €134,565 in 2010 to -€17,406 in 2025.

holds 99.46% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SHINE & BITE

What is the company number of SHINE & BITE?
The company number of SHINE & BITE is 0820.405.808. The VAT number is the same number with BE in front: BE 0820.405.808.
Where is SHINE & BITE based?
The registered office is at Koningsgalerij 24, 1000 Brussels.Company details
What does SHINE & BITE do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of SHINE & BITE?
SHINE & BITE is a private limited company (BV).
When was SHINE & BITE founded?
SHINE & BITE was founded on 09-11-2009.
Is SHINE & BITE still active?
Yes, SHINE & BITE is an active enterprise in the KBO register.
How many employees does SHINE & BITE have?
SHINE & BITE had an average of 2.3 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of SHINE & BITE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
Is SHINE & BITE profitable?
In financial year 2025, SHINE & BITE made a loss of €22,070.
Where can I find the annual accounts of SHINE & BITE?
SHINE & BITE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SHINE & BITE due?
SHINE & BITE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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