SHOUF
ActiveSummary
SHOUF has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,705 and a net result of -€174. Equity is shrinking by ~14.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. The computed 12-month bankruptcy probability is 1.2% (low).
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Signals
This company filed its last 7 accounts on average 12 days before 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 (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,910 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €639 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €178 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €585 | €827 | €242 | - | - | - |
| Other operating charges640/8 | - | - | €772 | €831 | €178 | - |
| Gross operating margin9900 | -€2,683 | -€149 | €3,481 | -€6,365 | €0 | - |
| Operating profit (loss)9901 | -€3,658 | -€976 | €2,468 | -€7,196 | -€178 | - |
| Financial income75/76B | - | €372 | €59 | €159 | €4 | - |
| Recurring financial income75 | - | €372 | €59 | €159 | €4 | - |
| Financial charges65/66B | - | €478 | €679 | €660 | - | - |
| Recurring financial charges65 | €68 | €478 | €679 | €660 | - | - |
| Profit (loss) for the period before taxes9903 | -€3,726 | -€1,082 | €1,848 | -€7,697 | -€174 | - |
| Income taxes67/77 | - | - | - | €2 | - | - |
| Profit (loss) for the period9904 | -€3,726 | -€1,082 | €1,848 | -€7,699 | -€174 | - |
| Profit (loss) for the period to be appropriated9905 | -€3,726 | -€1,082 | €1,848 | -€7,699 | -€174 | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €16,039 | €16,326 | €19,500 | €9,247 | €3,705 | - |
| Fixed assets21/28 | €2,220 | €1,433 | €1,191 | - | - | - |
| Tangible fixed assets22/27 | €1,170 | €383 | €141 | - | - | - |
| Furniture and vehicles24 | - | €383 | €141 | - | - | - |
| Financial fixed assets28 | €1,050 | €1,050 | €1,050 | - | - | - |
| Current assets29/58 | €13,819 | €14,893 | €18,309 | €9,247 | €3,705 | - |
| Amounts receivable within one year40/41 | €6,436 | €9,008 | €9,704 | €8,104 | €2,763 | - |
| Trade receivables40 | - | €2,877 | €3,471 | €363 | - | - |
| Other amounts receivable41 | - | €6,132 | €6,232 | €7,741 | €2,763 | - |
| Cash at bank and in hand54/58 | €5,738 | €4,864 | €7,331 | €251 | €942 | - |
| Deferred charges and accrued income490/1 | - | €1,021 | €1,274 | €892 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €16,039 | €16,326 | €19,500 | €9,247 | €3,705 | - |
| Equity10/15 | €13,307 | €11,801 | €13,649 | €5,950 | €3,705 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Profit (loss) carried forward14 | -€7,153 | -€8,659 | -€6,811 | -€14,510 | -€16,755 | - |
| Amounts payable17/49 | €2,732 | €4,525 | €5,851 | €3,296 | - | - |
| Amounts payable within one year42/48 | €2,732 | €4,525 | €5,851 | €3,296 | - | - |
| Trade debts44 | €2,200 | €4,525 | €5,851 | €3,275 | - | - |
| Suppliers440/4 | - | €4,525 | €5,851 | €3,275 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €21 | - | - |
| Taxes450/3 | - | - | - | €21 | - | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,726 | -€1,082 | €1,848 | -€7,699 | -€174 | - |
| + Depreciation and write-downs630 | €585 | €827 | €242 | - | - | - |
| Operating cash flow (approximation) | -€3,141 | -€255 | €2,089 | -€7,699 | -€174 | - |
| Investment in fixed assets (approximation) | - | - | €0 | - | - | - |
| Change in cash | - | - | €2,468 | -€7,081 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23045E0116/00Z000 | Flanders | 215 m² | 1 · 105 m² | - |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 29 September 2026 · Peppol Directory
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