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SHOKDEE

Inactive
KBO/BCE: BE 0457.904.138

SHOKDEE was declared bankrupt on 27-04-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 28-10-2025, published in the Belgian State Gazette on 07-11-2025.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 01-12-2022, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
123 d late
2020
61 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 71 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

History

Total assets fell from EUR 60,007 in 2018 to EUR 53,932 in 2021.1 On 27 April 2023 SHOKDEE was declared bankrupt; the bankruptcy was closed on 28 October 2025.23

  1. 1National Bank, annual accounts 2018 and 2021
  2. 2Belgian State Gazette, 04-05-2023
  3. 3Belgian State Gazette, 07-11-2025

Financials · fiscal year 2021, micro schema

Equity
€33,971
2020 · -€16,170
Total assets
€53,932▲ 49.3%
2020 · €36,124
Net result
€50,142
2020 · -€22,667
Working capital
€9,101
2020 · -€44,680
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€12,070-€11,441-€22,616€56,288
Net result-€10,371-€7,389-€22,667€50,142
Equity-€893-€6,496-€16,170€33,971
Total assets€60,007-€46,252▼ 22.9%€36,124▼ 21.9%€53,932▲ 49.3%
Debt€60,900-€39,756▼ 34.7%€52,294▲ 31.5%€19,961▼ 61.8%
Working capital-€418-€9,080-€44,680€9,101
Staff (FTE)1.36.8▲ 423%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000€60,000Operating result 2018: -€12,070-€12,070Net result 2018: -€10,371-€10,371Operating result 2019: €11,441€11,441Net result 2019: €7,389€7,389Operating result 2020: -€22,616-€22,616Net result 2020: -€22,667-€22,667Operating result 2021: €56,288€56,288Net result 2021: €50,142€50,1422018201920202021-€40,000-€20,000€0€20,000€40,000€60,000Operating result 2019: €11,441€11,400Net result 2019: €7,389€7,390Operating result 2020: -€22,616-€22,600Net result 2020: -€22,667-€22,700Operating result 2021: €56,288€56,300Net result 2021: €50,142€50,100201920202021
The operating result returns to profit in 2021: €56,288 after a loss of €22,616 in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €53,932
Fixed assets €24,870 ▼ 22.1%
Current assets €29,062 ▲ 590%
Equity and liabilities €53,932
Equity €33,971
Debt €19,961
Debt finances 37.0% of the balance-sheet total.
Key figures and ratios
2021 value · change against 2020
EBITDA
€63,328▲
2020 · -€18,509
Cash flow
€57,182▲
2020 · -€18,560
Current ratio
1.46▲
2020 · 0.09
Quick ratio
1.42▲
2020 · 0.07
Debt to equity
0.59
ROE
147.6%
ROA
93.0%▲
2020 · -62.7%
Interest coverage
81.97
Debt ≤ 1 year
€19,961▼
2020 · €48,894
Income taxes
€5,377
Staff costs
€48,459
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet Code20202021
Assets
Total assets20/58€36,124€53,932▲
Fixed assets21/28€31,910€24,870▼
Tangible fixed assets22/27€31,093€24,053▼
Plant, machinery and equipment23-€24,053
Financial fixed assets28€817€817=
Current assets29/58€4,214€29,062▲
Stocks and contracts in progress3€701€700▼
Stocks30/36-€700
Amounts receivable within one year40/41€2,603€1,932▼
Trade receivables40-€1,179
Other amounts receivable41-€753
Cash at bank and in hand54/58€909€26,430▲
Equity and liabilities
Total equity and liabilities10/49€36,124€53,932▲
Equity10/15-€16,170€33,971▲
Contributions10/11-€18,600
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Reserves not available under the articles1311-€1,860
Profit (loss) carried forward14-€36,630€13,511▲
Amounts payable17/49€52,294€19,961▼
Amounts payable within one year42/48€48,894€19,961▼
Trade debts44€5,140€3,143▼
Suppliers440/4-€3,143
Taxes, remuneration and social security45-€14,796
Taxes450/3-€10,568
Remuneration and social security454/9-€4,228
Other amounts payable47/48-€2,022
Income statement Code20202021
Remuneration, social security and pensions62-€48,459
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,107€7,040▲
Other operating charges640/8-€389
Gross operating margin9900€10,777€112,176▲
Operating profit (loss)9901-€22,616€56,288▲
Financial income75/76B-€3
Recurring financial income75€0€3▲
Financial charges65/66B-€773
Recurring financial charges65€51€773▲
Profit (loss) for the period before taxes9903-€22,667€55,519▲
Income taxes67/77-€5,377
Profit (loss) for the period9904-€22,667€50,142▲
Profit (loss) for the period to be appropriated9905-€22,667€50,142▲
Appropriation of the result
Profit (loss) to be appropriated9906-€13,511
Profit (loss) brought forward from the previous period14P--€36,630

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Remuneration, social security and pensions62---€48,459-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,484€2,391€4,107€7,040▲ 71.4%
Other operating charges640/8---€389-
Gross operating margin9900-€7,859€14,778€10,777€112,176▲ 941%
Operating profit (loss)9901-€12,070€11,441-€22,616€56,288▲ 349%
Financial income75/76B---€3-
Recurring financial income75€2,536€67€0€3▲ 810%
Financial charges65/66B---€773-
Recurring financial charges65€838€4,119€51€773▲ 1,415%
Profit (loss) for the period before taxes9903-€10,371€7,389-€22,667€55,519▲ 345%
Income taxes67/77---€5,377-
Profit (loss) for the period9904-€10,371€7,389-€22,667€50,142▲ 321%
Profit (loss) for the period to be appropriated9905-€10,371€7,389-€22,667€50,142▲ 321%
Line2018201920202021Change
Assets
Total assets20/58€60,007€46,252€36,124€53,932▲ 49.3%
Fixed assets21/28€3,092€817€31,910€24,870▼ 22.1%
Tangible fixed assets22/27€2,276-€31,093€24,053▼ 22.6%
Plant, machinery and equipment23---€24,053-
Financial fixed assets28€817€817€817€817=
Current assets29/58€56,914€45,436€4,214€29,062▲ 590%
Stocks and contracts in progress3--€701€700▼ 0.2%
Stocks30/36---€700-
Amounts receivable within one year40/41€46,837€38,000€2,603€1,932▼ 25.8%
Trade receivables40---€1,179-
Other amounts receivable41---€753-
Cash at bank and in hand54/58€9,684€7,436€909€26,430▲ 2,806%
Equity and liabilities
Total equity and liabilities10/49€60,007€46,252€36,124€53,932▲ 49.3%
Equity10/15-€893€6,496-€16,170€33,971▲ 310%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860-
Reserves not available under the articles1311---€1,860-
Profit (loss) carried forward14-€21,353-€13,964-€36,630€13,511▲ 137%
Amounts payable17/49€60,900€39,756€52,294€19,961▼ 61.8%
Amounts payable after more than one year17€3,567----
Amounts payable within one year42/48€57,332€36,356€48,894€19,961▼ 59.2%
Trade debts44--€5,140€3,143▼ 38.9%
Suppliers440/4---€3,143-
Taxes, remuneration and social security45---€14,796-
Taxes450/3---€10,568-
Remuneration and social security454/9---€4,228-
Other amounts payable47/48---€2,022-
Line2018201920202021Change
Profit (loss) for the period9904-€10,371€7,389-€22,667€50,142▲ 321%
+ Depreciation and write-downs630€2,484€2,391€4,107€7,040▲ 71.4%
Operating cash flow (approximation)-€7,887€9,780-€18,560€57,182▲ 408%
Investment in fixed assets (approximation)--€115-€35,200€0▲ 100%
Change in cash--€2,248-€6,526€25,520▲ 491%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-11
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-10-2025
2023
04-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 27-04-2023
2022
01-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 123 days late
2021
31-12
Financial Back to profitnet €50,142
Net result €50,142 after one loss-making year.
31-12
Financial Liquidity times 17current ratio 1.46
Current ratio from 0.09 to 1.46; short-term debt falls from €48,894 to €19,961.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Weakest financial yearnet -€22,667
Net result drops to -€22,667, the lowest in the series.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial Back to profitnet €7,389
Net result €7,389 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Show earlier events
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
31-07
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
30-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are 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

Insolvency mandates

1 mandate
Role Name Tenure
Curator BENJAMIN VANDE CASTEELE
POPULIERENLAAN 43, 2630 AARTSELAAR
27-04-2023 → 28-10-2025