SHINING MOON
ActiveSummary
SHINING MOON has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €3k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 87% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-4
Solvency100=
Growth62▼-4
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.64 against 5.45 in 2024; short-term debt: 19.8% and cash: 21.3% of total assets), and 19.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
80.2%
Return on assets
4.8%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 d early
2024
49 d early
2023
53 d early
2022
32 d late
2021
31 d late
2020
109 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€390k▼ 18.6%
2024 · €479k
EBIT margin
1.1%▲ 0.1pp
2024 · 1.1%
Net result
€3k▲ 376%
2024 · €534
Working capital
€38k▼ 4.3%
2024 · €40k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€387k▲ 11.5%€432k€479k▲ 10.9%€390k▼ 18.6%
Operating result€8k▼ 46.8%€3k▼ 63.1%€8k▲ 151%€5k▼ 32.5%€4k▼ 13.6%
Net result€7k▼ 37.7%€2k▼ 74.3%€2k▲ 26.6%€534▼ 77.2%€3k▲ 376%
EBIT margin2.1%▼ 2.3pp1.8%1.1%▼ 0.7pp1.1%▲ 0.1pp
Equity€35k▲ 25.7%€37k▲ 5.3%€39k▲ 6.3%€40k▲ 1.4%€42k▲ 6.4%
Total assets€47k▲ 23.3%€46k▼ 2.7%€56k▲ 22.3%€49k▼ 12.6%€53k▲ 8.3%
Debt€12k▲ 16.6%€9k▼ 26.5%€17k▲ 90.3%€9k▼ 45.8%€10k▲ 17.0%
Working capital€35k▲ 25.7%€37k▲ 5.3%€39k▲ 6.3%€40k▲ 1.4%€38k▼ 4.3%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€4k
Current assets
€49k
Equity and liabilities €53k
Equity
€42k ▲ 6.4%
Debt
€10k ▲ 17.0%
Debt's share of the balance-sheet total rises from 18.3% to 19.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k
Cash flow
€3k
Current ratio
4.64▼
2024 · 5.45
Quick ratio
1.32▼
2024 · 1.38
Debt to equity
0.25▲
2024 · 0.22
ROE
6.0%▲
2024 · 1.3%
ROA
4.8%▲
2024 · 1.1%
Interest coverage
1.96
Debt ≤ 1 year
€10k▲
2024 · €9k
Income taxes
€-372▼
2024 · €2k
Staff costs
€510
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €387k | - | €432k | €479k | €390k | ▼ 18.6% |
| Goods, raw materials, services and sundry goods60/61 | €391k | - | €419k | €474k | €388k | ▼ 18.1% |
| Remuneration, social security and pensions62 | - | - | - | - | €510 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €4 | - |
| Other operating charges640/8 | €2k | €2k | €2k | €1k | €2k | ▲ 10.3% |
| Non-recurring operating charges66A | - | €4k | €8k | €3k | - | - |
| Gross operating margin9900 | €10k | €8k | €17k | €9k | €7k | ▼ 29.1% |
| Operating profit (loss)9901 | €8k | €3k | €8k | €5k | €4k | ▼ 13.6% |
| Financial charges65/66B | €804 | €350 | €120 | €3k | €2k | ▼ 11.2% |
| Recurring financial charges65 | €804 | €350 | €120 | €3k | €2k | ▼ 11.2% |
| Profit (loss) for the period before taxes9903 | €7k | €3k | €7k | €3k | €2k | ▼ 16.0% |
| Income taxes67/77 | €199 | €829 | €5k | €2k | €-372 | ▼ 118% |
| Profit (loss) for the period9904 | €7k | €2k | €2k | €534 | €3k | ▲ 376% |
| Profit (loss) for the period to be appropriated9905 | €7k | €2k | €2k | €534 | €3k | ▲ 376% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47k | €46k | €56k | €49k | €53k | ▲ 8.3% |
| Fixed assets21/28 | - | - | - | - | €4k | - |
| Tangible fixed assets22/27 | - | - | - | - | €4k | - |
| Furniture and vehicles24 | - | - | - | - | €4k | - |
| Current assets29/58 | €47k | €46k | €56k | €49k | €49k | ▼ 0.4% |
| Stocks and contracts in progress3 | €27k | €38k | €45k | €36k | €35k | ▼ 4.5% |
| Stocks30/36 | €27k | €38k | €45k | €36k | €35k | ▼ 4.5% |
| Amounts receivable within one year40/41 | €4k | €1k | €2k | €2k | €3k | ▲ 35.4% |
| Trade receivables40 | €850 | - | - | €1k | €3k | ▲ 113% |
| Other amounts receivable41 | €3k | €1k | €2k | €686 | - | - |
| Cash at bank and in hand54/58 | €17k | €7k | €9k | €10k | €11k | ▲ 9.5% |
| Deferred charges and accrued income490/1 | - | - | - | €201 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47k | €46k | €56k | €49k | €53k | ▲ 8.3% |
| Equity10/15 | €35k | €37k | €39k | €40k | €42k | ▲ 6.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €27k | €29k | €31k | €32k | €34k | ▲ 8.0% |
| Amounts payable17/49 | €12k | €9k | €17k | €9k | €10k | ▲ 17.0% |
| Amounts payable within one year42/48 | €12k | €9k | €17k | €9k | €10k | ▲ 17.0% |
| Financial debts43 | - | - | - | - | €2k | - |
| Credit institutions430/8 | - | - | - | - | €2k | - |
| Trade debts44 | €7k | €8k | €9k | €411 | €1k | ▲ 258% |
| Suppliers440/4 | €7k | €8k | €9k | €411 | €1k | ▲ 258% |
| Taxes, remuneration and social security45 | €4k | €1k | €8k | €9k | €7k | ▼ 13.1% |
| Taxes450/3 | €4k | €1k | €6k | €7k | €3k | ▼ 51.5% |
| Remuneration and social security454/9 | - | - | €1k | €2k | €4k | ▲ 157% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €2k | €2k | €534 | €3k | ▲ 376% |
| + Depreciation and write-downs630 | - | - | - | - | €4 | - |
| Operating cash flow (approximation) | €7k | €2k | €2k | €534 | €3k | ▲ 377% |
| Change in cash | - | €-10k | €2k | €1k | €974 | ▼ 30.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
31-12
Financial
Highest result since 2018net €12k ▲956%
Operating result €15k, net result €12k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 7 days late
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Londerzeel · 1 establishment unit since 2012
Ground area
125 m²
Building footprint
119 m²
Volume, LiDAR
874 m³
Parcel 23045E0065/00K000, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
SHINING MOON
since 20122.213.077.269
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045E0065/00K000 | Flanders | 125 m² | 1 · 119 m² | 9.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLonderzeel2.213.077.269
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Of 10,506 companies in sector 47110 we hold annual accounts for 5,848. 4,576 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
Founded12-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.