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SHOKAR

Active
Private limited companyfounded 201411 yrs activeKonkelgoed 54, 1745 Opwijk, BelgiumKBO/BCE: BE 0505.994.362

SHOKAR has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 91% of 4454 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
100 / 100
Excellent▲ +25 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+90
Solvency100=
Growth52▲+17
Stability100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 5.91 against 2.11 in 2024), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
87.6%
Return on assets
32.6%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 11 years 0 20 y
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
56 d early
2024
44 d early
2023
51 d late
2022
32 d late
2021
33 d late
2019
61 d late
2018
113 d late
← 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 months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€86k▲ 21.0%
2024 · €71k
2018: €200k 2019: €140k 2023: €25k 2024: €71k
2018 → 2025
EBIT margin
18.9%▲ 26.4pp
2024 · -7.5%
2018: 4.0% 2019: -8.4% 2023: -3.4% 2024: -7.5%
2018 → 2025
Net result
€13k
2024 · €-5k
2018: €7k 2019: €-13k 2021: €-5k 2022: €-2k 2023: €-1k 2024: €-5k
2018 → 2025
Working capital
€24k▲ 381%
2024 · €5k
2018: €8k 2019: €-7k 2021: €376 2022: €-4k 2023: €-30k 2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€25k€71k▲ 187%€86k▲ 21.0%
Equity€-2k-€-4k▼ 125%€-6k▼ 24.1%€21k€34k▲ 59.2%
Operating result€-5k-€-2k▲ 51.6%€-835▲ 62.4%€-5k▼ 540%€16k
Net result€-5k-€-2k▲ 51.7%€-1k▲ 56.6%€-5k▼ 399%€13k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €-5k€-5kNet result 2021: €-5k€-5kOperating result 2022: €-2k€-2kNet result 2022: €-2k€-2kOperating result 2023: €-835€-835Net result 2023: €-1k€-1kOperating result 2024: €-5k€-5kNet result 2024: €-5k€-5kOperating result 2025: €16k€16kNet result 2025: €13k€13k20212022202320242025
The operating result returns to profit in 2025: €16k after a loss of €5k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets €10k▼ 37.2%
Current assets €28k▲ 205%
Equity and liabilities €39k
Equity €34k▲ 59.2%
Debt €5k▲ 9.1%
The debt ratio falls from 17.2% to 12.4%: equity grows faster than debt.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23k
2024 · €4k
Cash flow
€20k
2024 · €4k
Solvency
87.6%
2024 · 82.8%
Current ratio
5.91
2024 · 2.11
Quick ratio
5.91
2024 · 2.11
Debt / equity
0.14
2024 · 0.21
ROE
37.2%
2024 · -25.4%
ROA
32.6%
2024 · -21.1%
Interest coverage
521.76
2024 · 72.37
Debt
€5k
2024 · €4k
Debt ≤ 1 year
€5k
2024 · €4k
Income taxes
€4k
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€26k€39k
Fixed assets21/28€16k€10k
Tangible fixed assets22/27€16k€10k
Furniture and vehicles24€16k€10k
Current assets29/58€9k€28k
Amounts receivable within one year40/41€4k€2k
Other amounts receivable41€4k€2k
Cash at bank and in hand54/58€5k€26k
Deferred charges and accrued income490/1€929-
Equity and liabilities
Total equity and liabilities10/49€26k€39k
Equity10/15€21k€34k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€760€13k
Amounts payable17/49€4k€5k
Amounts payable within one year42/48€4k€5k
Trade debts44€1k€646
Suppliers440/4€1k€646
Taxes, remuneration and social security45€2k€4k
Taxes450/3€2k€4k
Other amounts payable47/48€1k€347
Income statement Code20242025
Turnover70€71k€86k
Goods, raw materials, services and sundry goods60/61€67k€60k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k
Other operating charges640/8€814€2k
Gross operating margin9900€5k€26k
Operating profit (loss)9901€-5k€16k
Financial charges65/66B€53€45
Recurring financial charges65€53€45
Profit (loss) for the period before taxes9903€-5k€16k
Income taxes67/77-€4k
Profit (loss) for the period9904€-5k€13k
Profit (loss) for the period to be appropriated9905€-5k€13k
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€13k
Profit (loss) brought forward from the previous period14P€-23k€760
Shareholders' contribution to the loss794€29k-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €13k
Net result €13k after 5 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 5.91
Current ratio from 2.11 to 5.91.
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 11current ratio 2.11
Current ratio from 0.20 to 2.11; short-term debt falls from €37k to €4k.
20-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
02-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
31-12
Financial Liquidity doublescurrent ratio 1.16
Current ratio from 0.56 to 1.16; short-term debt falls from €15k to €2k.
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial Weakest financial yearnet €-13k ▼277%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
21-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 113 days late
2018
30-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
13-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 13 days late
2016
09-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 directors, no change since 2023
SINGH Jasdeep
Director · since 29-09-2023
Current
29-09-2023 SINGH Jasdeep: Appointed as Director
22-06-2022 Rajveer Kaur: Resigned as Director (executive)
Location & real-estate footprint
Registered office, Opwijk · 1 establishment unit since 2015
establishment The establishment unit on the map
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.

Konkelgoed 541745 Opwijk
Ground area
218 m²
Building footprint
119 m²
Volume, LiDAR
515 m³
Parcel 23060B0659/00E000, Flanders · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SHOKAR
Konkelgoed 54, 1745 OpwijkRetail trade
since 20152.243.321.770
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23060B0659/00E000 Flanders 218 m² 1 · 119 m² 5.7 m · 2 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

Of 6,625 companies in sector 49330 we hold annual accounts for 2,254. 1,917 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-12-2014
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49390Land transport and transport via pipelines
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.