SHINRAI
ActiveSHINRAI has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233k and a net result of €-31k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 6967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -23 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-88
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 59.51 against 18.7 in 2024), and 1.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 15-04-2026, 107 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
107 d early
2024
69 d early
2023
75 d early
2022
94 d early
2021
93 d early
2020
43 d early
2019
49 d early
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€233k▼ 30.8%
2024 · €337k
2018: €82k
2019: €155k
2020: €215k
2021: €236k
2022: €198k
2023: €277k
2024: €337k
2018 → 2025
Total assets
€237k▼ 33.4%
2024 · €356k
2018: €104k
2019: €174k
2020: €245k
2021: €244k
2022: €201k
2023: €309k
2024: €356k
2018 → 2025
Net result
€-31k
2024 · €60k
2018: €70k
2019: €73k
2020: €60k
2021: €21k
2022: €-44k
2023: €79k
2024: €60k
2018 → 2025
Working capital
€233k▼ 30.8%
2024 · €337k
2018: €82k
2019: €155k
2020: €215k
2021: €236k
2022: €198k
2023: €277k
2024: €337k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€236k-€198k▼ 16.0%€277k▲ 40.0%€337k▲ 21.5%€233k▼ 30.8%
Operating result€32k-€-42k€115k€74k▼ 35.3%€-31k
Net result€21k-€-44k€79k€60k▼ 24.7%€-31k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €31k after €74k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €237k
Equity
€233k▼ 30.8%
Debt
€4k▼ 79.1%
The debt ratio falls from 5.3% to 1.7%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
98.3%▲
2024 · 94.7%
Current ratio
59.51▲
2024 · 18.70
Quick ratio
59.51▲
2024 · 18.70
Debt / equity
0.02▼
2024 · 0.06
ROE
-13.4%▼
2024 · 17.7%
ROA
-13.1%▼
2024 · 16.7%
Debt
€4k▼
2024 · €19k
Debt ≤ 1 year
€4k▼
2024 · €19k
Income taxes
€459▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€356k€237k▼
Current assets29/58€356k€237k▼
Amounts receivable within one year40/41€17k€2k▼
Trade receivables40€16k-
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€337k€233k▼
Deferred charges and accrued income490/1€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€356k€237k▼
Equity10/15€337k€233k▼
Contributions10/11€19k€19k=
Reserves13€318k€219k▼
Distributable reserves133€318k€219k▼
Profit (loss) carried forward14-€-5k
Amounts payable17/49€19k€4k▼
Amounts payable within one year42/48€19k€4k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€17k€1k▼
Taxes450/3€17k€1k▼
Other amounts payable47/48€12€218▲
Income statement
Code20242025
Other operating charges640/8€749€783▲
Gross operating margin9900€75k€-30k▼
Operating profit (loss)9901€74k€-31k▼
Financial income75/76B€659€2k▲
Recurring financial income75€659€2k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€73k€-31k▼
Income taxes67/77€14k€459▼
Profit (loss) for the period9904€60k€-31k▼
Profit (loss) for the period to be appropriated9905€60k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€-31k▼
Transfer from equity791/2-€99k
Transfer to equity691/2€60k-
To other reserves6921€60k-
Profit to be distributed694/7-€73k
Return on contributions (dividend)694-€73k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 59.51
Current ratio from 18.70 to 59.51; short-term debt falls from €19k to €4k.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
31-12
Financial
Equity above €200kEq €277k ▲40%
Equity rises from €198k to €277k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-44k ▼313%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 66.67
Current ratio from 31.09 to 66.67; short-term debt falls from €8k to €3k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 31.09
Current ratio from 8.13 to 31.09; short-term debt falls from €30k to €8k.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €215k ▲38.8%
3 profitable years in a row build equity to €215k.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €155k ▲88.1%
2 profitable years in a row build equity to €155k.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Edegem · 1 establishment unit since 2017
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.
Leo Baekelandstraat 12650 EdegemGround area
400 m²
Building footprint
70 m²
Volume, LiDAR
486 m³
Parcel 11013A0028/00S003, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SHINRAI
since 20172.267.648.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0028/00S003 | Flanders | 400 m² | 1 · 70 m² | 10.8 m · 2 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.
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Of 13,390 companies in sector 73300 we hold annual accounts for 6,881. 5,052 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-2017
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
68321Property management for co-owned buildings (syndics)
68322Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.