Shirata
ActiveSummary
The computed 12-month bankruptcy probability of Shirata is 3.2% (moderate). The 2025 annual accounts show equity of €46k and a net result of €17k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 13305 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+53
Solvency87▲+30
Growth32=
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.62 against 1.49 in 2024; short-term debt: 20.3% and cash: 70% of total assets), and 37.7% of the assets are financed with debt.
Credit check for your own amount and term
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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
62.3%
Return on assets
23.8%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
23 d early
2024
46 d late
2023
10 d early
2022
22 d late
2021
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€162k
EBIT margin
31.5%
Net result
€17k▲ 345%
2024 · €4k
2021: €40k
2022: €6k
2023: €-10k
2024: €4k
2021 → 2025
Working capital
€39k▲ 99.4%
2024 · €20k
2021: €46k
2022: €40k
2023: €31k
2024: €20k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€162k-
Equity€46k-€52k▲ 12.5%€42k▼ 19.5%€28k▼ 32.8%€46k▲ 61.9%
Operating result€51k-€8k▼ 84.9%€-7k€11k€24k▲ 120%
Net result€40k-€6k▼ 85.6%€-10k€4k€17k▲ 345%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 120% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€19k ▼ 29.1%
Current assets
€54k ▼ 9.7%
Equity and liabilities €73k
Equity
€46k ▲ 61.9%
Debt
€28k ▼ 53.0%
Debt's share of the balance-sheet total falls from 67.6% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▲
2024 · €19k
Cash flow
€25k▲
2024 · €12k
Current ratio
3.62▲
2024 · 1.49
Quick ratio
3.48▲
2024 · 1.43
Debt to equity
0.61▼
2024 · 2.09
ROE
38.2%▲
2024 · 13.9%
ROA
23.8%▲
2024 · 4.5%
Interest coverage
19.70▲
2024 · 2.65
Debt ≤ 1 year
€15k▼
2024 · €40k
Debt > 1 year
€13k▼
2024 · €19k
Income taxes
€5k▲
2024 · €-148
Staff costs
€11k▼
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€87k€73k▼
Fixed assets21/28€27k€19k▼
Tangible fixed assets22/27€27k€19k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€665€259▼
Furniture and vehicles24€20k€13k▼
Current assets29/58€60k€54k▼
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41-€434
Other amounts receivable41-€434
Cash at bank and in hand54/58€57k€51k▼
Equity and liabilities
Total equity and liabilities10/49€87k€73k▼
Equity10/15€28k€46k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€22k€40k▲
Amounts payable17/49€59k€28k▼
Amounts payable after more than one year17€19k€13k▼
Financial debts170/4€19k€13k▼
Amounts payable within one year42/48€40k€15k▼
Trade debts44€745€708▼
Suppliers440/4€745€708▼
Taxes, remuneration and social security45€19k€11k▼
Taxes450/3€2k€7k▲
Remuneration and social security454/9€17k€4k▼
Other amounts payable47/48€20k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€31k€11k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€820€968▲
Gross operating margin9900€51k€44k▼
Operating profit (loss)9901€11k€24k▲
Financial income75/76B€14€100▲
Recurring financial income75€14€100▲
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Profit (loss) for the period before taxes9903€4k€22k▲
Income taxes67/77€-148€5k▲
Profit (loss) for the period9904€4k€17k▲
Profit (loss) for the period to be appropriated9905€4k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€40k€40k▼
Profit (loss) brought forward from the previous period14P€36k€22k▼
Profit to be distributed694/7€18k-
Return on contributions (dividend)694€18k-
The notes to these accounts (5 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 3.62
Current ratio from 1.49 to 3.62; short-term debt falls from €40k to €15k.
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
21-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-10k ▼276%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB 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, Bredene · 1 establishment unit since 2020
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.
Veldstraat 18450 BredeneGround area
102 m²
Building footprint
98 m²
Volume, LiDAR
817 m³
Parcel 35302D0049/00A007, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Shirata
since 20202.311.578.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302D0049/00A007 | Flanders | 102 m² | 1 · 98 m² | 11.0 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBredene2.311.578.888
Similar companies · same sector, comparable size
FRONICA
BE 0457.522.274
Hoogstraten · Eq €45,548
OCTO
BE 0738.948.671
Kortrijk · Eq €45,567
KYOTO BONIFACE
BE 0793.787.028
Brussel · Eq €45,567
DIDOU
BE 0867.073.397
Huy · Eq €45,581
Bisou Noir
BE 1024.839.444
Meise · Eq €45,518
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,797 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:mecord23@yahoo.com
Phone:0486/95.77.90