Shiyan
ActiveSummary
The computed 12-month bankruptcy probability of Shiyan is 4.2% (elevated). The 2025 annual accounts show equity of €11,070 and a net result of €4,695. Its solvency ranks better than 45% of 13560 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,602 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 97% are still going.
- Small
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,602 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €45,924 | €126,257 | ▲ 175% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €675 | €2,690 | ▲ 298% |
| Other operating charges640/8 | €625 | €1,379 | ▲ 121% |
| Gross operating margin9900 | €52,248 | €137,929 | ▲ 164% |
| Operating profit (loss)9901 | €5,025 | €7,604 | ▲ 51.3% |
| Financial income75/76B | - | €243 | - |
| Recurring financial income75 | - | €243 | - |
| Financial charges65/66B | €90 | €250 | ▲ 176% |
| Recurring financial charges65 | €90 | €250 | ▲ 176% |
| Profit (loss) for the period before taxes9903 | €4,934 | €7,596 | ▲ 53.9% |
| Income taxes67/77 | €1,560 | €2,902 | ▲ 86.0% |
| Profit (loss) for the period9904 | €3,375 | €4,695 | ▲ 39.1% |
| Profit (loss) for the period to be appropriated9905 | €3,375 | €4,695 | ▲ 39.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €35,624 | €43,967 | ▲ 23.4% |
| Fixed assets21/28 | €17,475 | €14,785 | ▼ 15.4% |
| Tangible fixed assets22/27 | €17,475 | €14,785 | ▼ 15.4% |
| Plant, machinery and equipment23 | €14,037 | €12,597 | ▼ 10.3% |
| Furniture and vehicles24 | €3,438 | €2,188 | ▼ 36.4% |
| Current assets29/58 | €18,149 | €29,182 | ▲ 60.8% |
| Amounts receivable within one year40/41 | €14,400 | €19,292 | ▲ 34.0% |
| Trade receivables40 | €14,400 | €10,490 | ▼ 27.2% |
| Other amounts receivable41 | - | €8,802 | - |
| Cash at bank and in hand54/58 | €3,749 | €8,161 | ▲ 118% |
| Deferred charges and accrued income490/1 | - | €1,729 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €35,624 | €43,967 | ▲ 23.4% |
| Equity10/15 | €6,375 | €11,070 | ▲ 73.6% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €3,375 | €8,070 | ▲ 139% |
| Distributable reserves133 | €3,375 | €8,070 | ▲ 139% |
| Amounts payable17/49 | €29,249 | €32,897 | ▲ 12.5% |
| Amounts payable within one year42/48 | €29,249 | €32,897 | ▲ 12.5% |
| Trade debts44 | €27,483 | €29,995 | ▲ 9.1% |
| Suppliers440/4 | €27,483 | €29,995 | ▲ 9.1% |
| Taxes, remuneration and social security45 | €1,727 | €2,902 | ▲ 68.0% |
| Taxes450/3 | €1,727 | €2,902 | ▲ 68.0% |
| Other amounts payable47/48 | €39 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,375 | €4,695 | ▲ 39.1% |
| + Depreciation and write-downs630 | €675 | €2,690 | ▲ 298% |
| Operating cash flow (approximation) | €4,050 | €7,385 | ▲ 82.4% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €4,412 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0086/00A003 | Flanders | 73 m² | 1 · 73 m² | - |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.