Skip to content

SHOREDITCH

Active
Private limited companyfounded 201312 yrs active't Zand 21a, 8000 Brugge, BelgiumKBO/BCE: BE 0540.685.918
Summary

The computed 12-month bankruptcy probability of SHOREDITCH is 2.0% (moderate). The 2025 annual accounts show negative equity (-€301,772) and a net result of €44,415. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 4528 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101
2 sites
Size
€572,582total assets 2025
Staff
9.6 FTE
Equity
-€301,772
Profit
€44,415
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy chance 12 m
2.0%
Structure
Largest shareholder
GDM CONSULTING · 40%
Accounts filed 28 d late1 of 9 deeds read
Why 53- Negative equity -€301,772- Sector Food and beverage service activities (NACE 56)+ Founded in 2013+ Liquidity: current ratio 0.23, cash €132,491Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 39% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 0=
equity -52.7% of total assets
Liquidity 29+9
short-term debt 146.2% · cash 23.1%
Profitability 78+16
return on assets 7.8%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,529 companies)
Last 24 months 11-2024: 7.8%highest value 12-2024: 7.8%● 0.0% vs 11-2024highest value 01-2025: 7.8%● 0.0% vs 12-2024highest value 02-2025: 7.8%● 0.0% vs 01-2025highest value 03-2025: 7.5%▼ -3.0% vs 02-2025 04-2025: 7.4%▼ -1.6% vs 03-2025 05-2025: 7.4%▼ -0.7% vs 04-2025 06-2025: 7.2%▼ -1.5% vs 05-2025 07-2025: 7.3%▲ +1.2% vs 06-2025 08-2025: 7.2%▼ -1.8% vs 07-2025 09-2025: 2.1%▼ -70.6% vs 08-2025 10-2025: 2.1%● 0.0% vs 09-2025 11-2025: 2.1%● 0.0% vs 10-2025 12-2025: 2.1%● 0.0% vs 11-2025 01-2026: 2.1%● 0.0% vs 12-2025 02-2026: 2.1%● 0.0% vs 01-2026 03-2026: 2.1%▼ -2.1% vs 02-2026 04-2026: 2.1%▲ +1.2% vs 03-2026 05-2026: 2.0%▼ -3.2% vs 04-2026 06-2026: 2.0%▼ -2.1% vs 05-2026lowest value 07-2026: 2.3%▲ +13.3% vs 06-2026 08-2026: 2.9%▲ +27.9% vs 07-2026 09-2026: 2.0%▼ -30.6% vs 08-2026 10-2026: 2.0%● 0.0% vs 09-2026
  • Negative equity -€301,772 raises the probability
  • Founded in 2013 lowers the probability for this profile
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Liquidity: current ratio 0.23, cash €132,491 lowers the probability
No credit on open account
Liquidity short (current ratio 0.23 against 0.21 in 2024; short-term debt: 146.2% and cash: 23.1% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 24%, profitability 63%, growth against the median 59%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity -€301,772
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2013
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Liquidity: current ratio 0.23, cash €132,491
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 4528 sector peers (2025).
NBB · sector comparison
Position among 4528 sector peers
Solvency
better than 11%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filings
Deviation from the deadline
2025
28 d late
2024
29 d late
2023
12 d early
2022
30 d late
2021
31 d late
2020
31 d late
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 29 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Resignation: Verlap (niet statutaire b bestuurder)Permanent representative: Ruige Vermeire ·…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€301,772 View
  • Caution: Among the weakest 5% on equitysector median €79,636 · 4,530 companies -€301,772 View
  • A director leftlatest change 28-02-2026 · 0 in office 1 left View

By topic

Financials

Fiscal year
2025
Total assets
€572,582
Profit
€44,415
Solvency
-52.7%
Total assets▼ 15.7%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 28-08-2026Annual accounts filed
  2. 16-03-2026Resignation: Verlap (niet statutaire b bestuurder)
  3. 29-08-2025Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
09-10-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.