SHS HOLDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.21M and a net result of €403k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 5527 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
4 d early
2021
9 d early
2020
29 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€9.21M▲ 4.6%
2024 · €8.80M
2019: €3.61M
2020: €3.59M
2021: €3.57M
2022: €8.79M
2023: €8.80M
2024: €8.80M
2019 → 2025
Net result
€403k▲ 5,807%
2024 · €7k
2019: €363
2020: €-19k
2021: €-16k
2022: €5.22M
2023: €3k
2024: €7k
2019 → 2025
Total assets
€12.94M▲ 1.0%
2024 · €12.81M
2019: €6.27M
2020: €6.12M
2021: €11.03M
2022: €13.12M
2023: €13.06M
2024: €12.81M
2019 → 2025
Solvency
71.1%▲ 2.4pp
2024 · 68.7%
2019: 57.6%
2020: 58.6%
2021: 32.4%
2022: 67.0%
2023: 67.3%
2024: 68.7%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.57M-€8.79M▲ 146%€8.80M=€8.80M▲ 0.1%€9.21M▲ 4.6%
Operating result€-2k-€-1k▲ 6.1%€-3k▼ 89.9%€-1k▲ 59.6%€-3k▼ 190%
Net result€-16k-€5.22M€3k▼ 99.9%€7k▲ 123%€403k▲ 5,807%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €1k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.94M
Fixed assets
€11.03M=
Current assets
€1.91M▲ 7.2%
Equity and liabilities €12.94M
Equity
€9.21M▲ 4.6%
Debt
€3.73M▼ 6.9%
The debt ratio falls from 31.3% to 28.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
71.1%▲
2024 · 68.7%
ROE
4.4%▲
2024 · 0.1%
ROA
3.1%▲
2024 · 0.1%
Debt
€3.73M▼
2024 · €4.01M
Debt ≤ 1 year
€800k=
2024 · €800k
Debt > 1 year
€2.93M▼
2024 · €3.21M
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€12.81M€12.94M▲
Fixed assets21/28€11.03M€11.03M=
Financial fixed assets28€11.03M€11.03M=
Current assets29/58€1.79M€1.91M▲
Amounts receivable after more than one year29€1.78M€1.89M▲
Other amounts receivable291€1.78M€1.89M▲
Amounts receivable within one year40/41€1k€7k▲
Trade receivables40€600€0▼
Other amounts receivable41€488€7k▲
Cash at bank and in hand54/58€4k€20k▲
Equity and liabilities
Total equity and liabilities10/49€12.81M€12.94M▲
Equity10/15€8.80M€9.21M▲
Contributions10/11€1.50M€1.50M=
Reserves13€7.30M€7.71M▲
Distributable reserves133€7.30M€7.71M▲
Amounts payable17/49€4.01M€3.73M▼
Amounts payable after more than one year17€3.21M€2.93M▼
Financial debts170/4€3.21M€2.93M▼
Amounts payable within one year42/48€800k€800k=
Financial debts43€800k€800k=
Credit institutions430/8€800k€800k=
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€0€-2k▼
Operating profit (loss)9901€-1k€-3k▼
Financial income75/76B€26k€461k▲
Recurring financial income75€26k€461k▲
Financial charges65/66B€18k€55k▲
Recurring financial charges65€18k€55k▲
Profit (loss) for the period before taxes9903€7k€403k▲
Profit (loss) for the period9904€7k€403k▲
Profit (loss) for the period to be appropriated9905€7k€403k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€403k▲
Transfer to equity691/2€7k€403k▲
To other reserves6921€7k€403k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €5.22M
Net result €5.22M after 2 loss-making years.
31-03
Financial
Liquidity times 1144current ratio 7399.35
Current ratio from 6.47 to 7399.35.
31-03
Financial
Equity above €5MEq €8.79M ▲146%
Equity rises from €3.57M to €8.79M.
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-19k ▼5374%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity doublescurrent ratio 16352.58
Current ratio from 7786.81 to 16352.58; short-term debt falls from €612 to €282.
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
06-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 126 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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
Registered office, Vilvoorde · 1 establishment unit since 2007
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.
Leuvensesteenweg 2481800 VilvoordeGround area
3,483 m²
Building footprint
939 m²
Volume, LiDAR
5,948 m³
2 parcels, Flanders · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SHS holding
since 20072.166.327.625
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0913/00Y007 | Flanders | 3,360 m² | 1 · 877 m² | 8.2 m · 3 fl. |
| 23644H0033/00T003 | Flanders | 123 m² | 1 · 62 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,764. 6,276 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2007
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:stan.croonen@diginet.be