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SHINE SPACE

Active
Private limited companyfounded 2025incorporated this yearSint-Amandsstraat 154, 1853 Grimbergen, BelgiumKBO/BCE: BE 1028.821.689
Summary

SHINE SPACE is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The 2025 annual accounts show equity of €11,171 and a net result of €9,171. Its solvency ranks better than 55% of 4583 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency70
Growth-
Track record50
Credit verdict
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.69; short-term debt: 50.9% and cash: 19.5% of total assets), and 54.7% of the assets are financed with debt.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 0 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 1 filing
Deviation from the deadline
2025
25 d late
← 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

History

SHINE SPACE was incorporated on 7 October 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€11,171
Total assets
€24,653
Net result
€9,171
Working capital
-€3,855

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

Balance-sheet composition
Assets €24,653
Fixed assets €15,956
Current assets €8,696
Equity and liabilities €24,653
Equity €11,171
Debt €13,482
Debt finances 54.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€13,007
Cash flow
€10,502
Current ratio
0.69
Debt to equity
1.21
ROE
82.1%
ROA
37.2%
Interest coverage
1769.71
Debt ≤ 1 year
€12,551
Income taxes
€2,545
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€24,653
Fixed assets21/28€15,956
Tangible fixed assets22/27€15,956
Furniture and vehicles24€15,956
Current assets29/58€8,696
Amounts receivable within one year40/41€3,894
Trade receivables40€1,205
Other amounts receivable41€2,690
Cash at bank and in hand54/58€4,802
Equity and liabilities
Total equity and liabilities10/49€24,653
Equity10/15€11,171
Contributions10/11€2,000
Profit (loss) carried forward14€9,171
Amounts payable17/49€13,482
Amounts payable within one year42/48€12,551
Trade debts44€952
Suppliers440/4€952
Taxes, remuneration and social security45€11,599
Taxes450/3€9,599
Remuneration and social security454/9€2,000
Accrued charges and deferred income492/3€931
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,331
Other operating charges640/8€331
Gross operating margin9900€13,338
Operating profit (loss)9901€11,676
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€7
Recurring financial charges65€7
Profit (loss) for the period before taxes9903€11,716
Income taxes67/77€2,545
Profit (loss) for the period9904€9,171
Profit (loss) for the period to be appropriated9905€9,171
Appropriation of the result
Profit (loss) to be appropriated9906€9,171

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,331
Other operating charges640/8€331
Gross operating margin9900€13,338
Operating profit (loss)9901€11,676
Financial income75/76B€47
Recurring financial income75€47
Financial charges65/66B€7
Recurring financial charges65€7
Profit (loss) for the period before taxes9903€11,716
Income taxes67/77€2,545
Profit (loss) for the period9904€9,171
Profit (loss) for the period to be appropriated9905€9,171
Line2025
Assets
Total assets20/58€24,653
Fixed assets21/28€15,956
Tangible fixed assets22/27€15,956
Furniture and vehicles24€15,956
Current assets29/58€8,696
Amounts receivable within one year40/41€3,894
Trade receivables40€1,205
Other amounts receivable41€2,690
Cash at bank and in hand54/58€4,802
Equity and liabilities
Total equity and liabilities10/49€24,653
Equity10/15€11,171
Contributions10/11€2,000
Profit (loss) carried forward14€9,171
Amounts payable17/49€13,482
Amounts payable within one year42/48€12,551
Trade debts44€952
Suppliers440/4€952
Taxes, remuneration and social security45€11,599
Taxes450/3€9,599
Remuneration and social security454/9€2,000
Accrued charges and deferred income492/3€931
Line2025
Profit (loss) for the period9904€9,171
+ Depreciation and write-downs630€1,331
Operating cash flow (approximation)€10,502

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
250 m²
Building footprint
85 m²
Volume, LiDAR
773 m³
Parcel 23084A0370/00E005, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SHINE SPACE
Sint-Amandsstraat 154, 1853 GrimbergenGeneral cleaning of buildings
since 20252.379.898.364
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0370/00E005 Flanders 250 m² 1 · 85 m² 11.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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 7,368 companies in sector 81210 we hold annual accounts for 2,742. 1,843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-10-2025
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
70200Business and other management consultancy
81230Other cleaning activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1028821689
Also 9925:BE1028821689
Registered 10-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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