Financials
- Financial year
- 2025
- Turnover
- €465,130
- Profit
- €16,772
- Solvency
- 42.7%
SHM FOODS
ActiveSummary
The computed 12-month bankruptcy probability of SHM FOODS is 4.3% (elevated). The 2025 annual accounts show equity of €21,772 and a net result of €16,772. Its solvency ranks better than 61% of 16,785 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Full-service restaurants NACE 56111
1 site
Size
€465,130turnover 2025
- Staff
- 4.2 FTE
- Equity
- €21,772
- Profit
- €16,772
Why 50raises riskFounded in 2024Size: turnover €465,130, total assets €50,989Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.88, cash €24,158Show the evidence
Checked score
Score 2025
50
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 56, micro)
Financial strength
Strong
Solvency
68
equity 42.7% of total assets
Liquidity
70
short-term debt 57.3% · cash 47.4%
Profitability
80
return on assets 32.9%
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 3.9%
11-2025: 3.9%● unchanged vs 10-2025
12-2025: 4.1%▲ +0.2 percentage points vs 11-2025
01-2026: 4.4%▲ +0.3 percentage points vs 12-2025
02-2026: 4.6%▲ +0.2 percentage points vs 01-2026
03-2026: 4.9%▲ +0.3 percentage points vs 02-2026
04-2026: 4.9%● unchanged vs 03-2026
05-2026: 5.3%▲ +0.4 percentage points vs 04-2026
06-2026: 5.3%● unchanged vs 05-2026
07-2026: 5.1%▼ -0.2 percentage points vs 06-2026
08-2026: 5.5%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 2.9%▼ -2.6 percentage points vs 08-2026lowest value
10-2026: 4.3%▲ +1.4 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.88, below 1; short-term debt: 57.3% and cash: 47.4% of total assets), and 57.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro): better than 62% on solvency, 75% on liquidity and 66% on profitability.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Registered officeRegistered-office move · Related document
- Annual accounts filedfinancial year 2025 · micro…
- Resignations & appointmentsShare transfer · Shareholding
Key points
By topic
Board & ownership
- Board
- 2 members
- KHAN UsmanDirector
- SHINWARI Abdul AhadDirector
Network & group
- Connected companies
- 1
Timeline
- Events
- 6
- Since
- 2024
- 05-08-2025Resignation: Khan Ali Khan (director)
- 04-12-2024Capital & shares
- 26-09-2024Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 24-09-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 21
- Who signs
- Each director alone
- Annual meeting
- First Friday of June at 18:00
- Purpose
- “- Alle activiteiten die direct of indirect verband houden met personenvervoer te land…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
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