Turnover
≈ €720,000 estimated
The micro format states no turnover.
SHND
Lifetime
10 annual accounts with figures on one time axispeak €24,390 (2025)
€24,390▲ 5.5%
lowest -€10,287 (2021)
€3,520▼ 81.1%
peak €69,797 (2025)
€69,797▲ 5.3%
€50,052▲ 81.3%
Board1 name since 2024
1 directorSINGH JASVINDER
Documentsfilings and deeds
27-09-202658 days late
2025micro format
Result from €18,631 to €3,520Debts from €27,601 to €50,0521 establishment registeredInvestments €29,905Cash from €4,487 to €8,248
Key points
from the 2025 annual accountsInvestments
€29,905 3.4 × depreciation
Green is investment, beige is depreciation. Machinery stands 54.3% higher than in 2024.
Filings
10 annual accounts 7 late
The 2025 accounts came latest: 58 days after the end of the period.
Checked score
65
Healthy
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.4%
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.5%▲ +0.1 percentage points vs 01-2025
03-2025: 1.4%▼ -0.1 percentage points vs 02-2025
04-2025: 1.6%▲ +0.2 percentage points vs 03-2025
05-2025: 1.9%▲ +0.3 percentage points vs 04-2025
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 1.9%● unchanged vs 06-2025
08-2025: 2.8%▲ +0.9 percentage points vs 07-2025
09-2025: 0.9%▼ -1.9 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 1.0%▲ +0.1 percentage points vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 0.9%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 0.9%● unchanged vs 02-2026lowest value
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.1%▲ +0.1 percentage points vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.2%▲ +0.1 percentage points vs 06-2026
08-2026: 2.0%▲ +0.8 percentage points vs 07-2026
09-2026: 2.9%▲ +0.9 percentage points vs 08-2026highest value
10-2026: 1.3%▼ -1.6 percentage points vs 09-2026
11-2026: 1.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 58 days late; 1 of the last 3 accounts late
Size: total assets €119,849
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2015
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 71% of them on solvency, 43% on liquidity, 38% on profitability and 52% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as SHND has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SHND itself is higher: 1.3% within 12 months. It rests on far more data about SHND than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for SHND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.03 (2.75 in 2024), above the usual 1.5. Short-term debt is 33.4% and cash 6.9% of total assets. 41.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 58 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-09-2026, 58 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 · 10 filingsDeviation from the deadline
2025
58 days late
2024
25 days late
2023
24 days late
2022
29 days late
2021
51 days late
2020
23 days late
2019
43 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0639859015
New establishment in Roeselare
FRANGO D’OURO, Diksmuidsesteenweg 1
Registered office moved from Oudenaarde to Roeselare
New registered office: Wallenstraat 73/A000, 8800 Roeselare · Previous registered office: Graaf van Landaststraat 2, 9700 Oudenaarde · Gazette deed
Resignation: SINGH JASVINDER (manager)
Reappointment: SINGH JASVINDER (director) · Director discharge: SINGH JASVINDER · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SHND Roeselare | €119,849 | €24,390 | 58.2% | - |
| Kurana Geel | €121,124 | €26,404 | 26.7% | - |
| MRH Landen | €128,592 | €25,551 | 39.7% | - |
| SOOD & SONS Zaventem | €124,775 | €22,563 | 12.3% | - |
| DG EXPRESS Antwerp | €131,433 | €28,480 | -25.3% | - |
| Techno Bull Antwerp | €103,184 | €21,774 | 73.8% | - |
| PS Antwerp | €140,239 | €25,830 | 55.4% | - |
These companies have the same main activity as SHND: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €103,000 and €140,000, founded between 2015 and 2016.
Official details
Source: KBO- Status
- Active since 30-09-2015Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
- Establishment units
- 2.286.786.4808800 Roeselare, since 01-04-2019
- 2.369.145.8168800 Roeselare, since 01-02-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Insights on SHND
SHND files the micro format. That format states no turnover. The gross margin rose from €7,285 in 2016 to €24,390 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SHND
- What is the company number of SHND?
- The company number of SHND is 0639.859.015. The VAT number is the same number with BE in front: BE 0639.859.015.
- Where is SHND based?
- The registered office is at Wallenstraat 73/A000, 8800 Roeselare.Company details
- What does SHND do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of SHND?
- SHND is a private limited company (BV).
- When was SHND founded?
- SHND was founded on 30-09-2015.
- Is SHND still active?
- Yes, SHND is an active enterprise in the KBO register.
- What is the turnover of SHND?
- The turnover in financial year 2025 is ≈ €720,000. This figure is estimated from the gross margin of €24,390 and 301 comparable companies (NACE 47110). It probably lies between €370,000 and €1.3m. It is a rough estimate. In financial year 2020 turnover was €551,980.Financials
- Is SHND profitable?
- In financial year 2025, SHND made a profit of €3,520.
- Where can I find the annual accounts of SHND?
- SHND filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SHND due?
- SHND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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