SHM AUTOS
ActiveThe computed 12-month bankruptcy probability of SHM AUTOS is 5.4% (elevated). The 2025 annual accounts show negative equity (€-18k) and a net result of €-20k. Equity is shrinking by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 11% of 11238 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-8
Solvency0▼-28
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 1.01 in 2024; short-term debt: 158.3% and cash: 18.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-58.3%
Return on assets
-65.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 3 filingsDeviation from the deadline
2025
27 d late
2024
34 d early
2023
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-18k
2024 · €2k
2023: €-11k
2024: €2k
2023 → 2025
Total assets
€31k▼ 50.7%
2024 · €63k
2023: €65k
2024: €63k
2023 → 2025
Net result
€-20k▼ 170%
2024 · €-8k
2023: €-12k
2024: €-8k
2023 → 2025
Working capital
€-20k
2024 · €425
2023: €-12k
2024: €425
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-11k-€2k€-18k
Operating result€-12k-€-7k▲ 36.9%€-20k▼ 173%
Net result€-12k-€-8k▲ 36.5%€-20k▼ 170%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €7k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets
€2k=
Current assets
€30k▼ 52.1%
Key figures and ratios
Solvency
-58.3%▼
2024 · 3.3%
Current ratio
0.60▼
2024 · 1.01
Quick ratio
0.16▼
2024 · 0.45
Debt / equity
-2.71▼
2024 · 28.87
ROA
-65.1%▼
2024 · -11.9%
Debt
€50k▼
2024 · €61k
Debt ≤ 1 year
€50k▼
2024 · €61k
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€63k€31k▼
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€62k€30k▼
Stocks and contracts in progress3€34k€22k▼
Stocks30/36€34k€22k▼
Amounts receivable within one year40/41€2k€2k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€25k€6k▼
Deferred charges and accrued income490/1€885-
Equity and liabilities
Total equity and liabilities10/49€63k€31k▼
Equity10/15€2k€-18k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€975€-19k▼
Amounts payable17/49€61k€50k▼
Amounts payable within one year42/48€61k€50k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€749-
Taxes450/3€749-
Other amounts payable47/48€58k€48k▼
Income statement
Code20242025
Gross operating margin9900€-7k€-20k▼
Operating profit (loss)9901€-7k€-20k▼
Financial charges65/66B€81€56▼
Recurring financial charges65€81€56▼
Profit (loss) for the period before taxes9903€-8k€-20k▼
Profit (loss) for the period9904€-8k€-20k▼
Profit (loss) for the period to be appropriated9905€-8k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-19k▲
Profit (loss) brought forward from the previous period14P€-12k€975▲
Shareholders' contribution to the loss794€20k-
The notes to these accounts (2 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Sint-Jans-Molenbeek · 1 establishment unit since 2022
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.
Landmeterstraat 43/141080 Sint-Jans-MolenbeekGround area
2,361 m²
Building footprint
900 m²
Volume, LiDAR
19,578 m³
Parcel 21524C0202/00W000, Brussels · tallest building 27.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SHM AUTOS
since 20222.337.656.844
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0202/00W000 | Brussels | 2,361 m² | 1 · 899 m² | 27.8 m · 7 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.
Similar companies · same sector, comparable size
TRADING OUTLET
BE 1009.750.796
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4N MANAGEMENT
BE 0790.549.208
Asse · Eq €2k
NATIORABE
BE 0730.573.712
Nassogne · Eq €2k
MILITARIA BELGIUM
BE 0768.739.945
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Hd & m Group
BE 0728.490.586
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Of 4,428 companies in sector 46180 we hold annual accounts for 1,887. 419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-10-2022
Fiscal year end31-12
Activities, NACEBEL
45112
46180Agents specialised in the wholesale of other particular products
46712Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.