SHUKATI
ActiveSummary
The computed 12-month bankruptcy probability of SHUKATI is 4.6% (elevated). The 2025 annual accounts show equity of €163,070 and a net result of €96,561. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 13617 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-13
Solvency79▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
4.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.7 against 0.85 in 2024; short-term debt: 46.4% and cash: 24.2% of total assets), and 46.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.6%
Return on assets
31.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €163,070
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 13-03-2026, 140 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
140 d early
2024
31 d late
2023
9 d early
2022
4 d late
2021
48 d early
2020
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 12 days before 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 23 July (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€163,070▲ 145%
2024 · €66,509
Total assets
€304,075▲ 111%
2024 · €144,077
Net result
€96,561▲ 130%
2024 · €42,062
Working capital
€99,096
2024 · -€11,412
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€8,779▲ 14.9%-€13,488▼ 53.6%€60,017€54,780▼ 8.7%€136,436▲ 149%
Net result-€9,992below the sector's middle half▲ 11.6%-€13,641below the sector's middle half▼ 36.5%€57,886above the sector's middle half€42,062above the sector's middle half▼ 27.3%€96,561above the sector's middle half▲ 130%
Equity-€8,297below the sector's middle half-€20,438below the sector's middle half▼ 146%€24,448within the sector's middle half€66,509within the sector's middle half▲ 172%€163,070above the sector's middle half▲ 145%
Total assets€4,240below the sector's middle half▼ 65.9%€8,126below the sector's middle half▲ 91.6%€48,185within the sector's middle half▲ 493%€144,077within the sector's middle half▲ 199%€304,075above the sector's middle half▲ 111%
Debt€12,537▲ 16.9%€28,564▲ 128%€23,738▼ 16.9%€77,568▲ 227%€141,005▲ 81.8%
Working capital-€8,297within the sector's middle half▼ 305%-€26,634within the sector's middle half▼ 221%€4,273within the sector's middle half-€11,412within the sector's middle half€99,096above the sector's middle half
Solvency-251.5%below the sector's middle half50.7%within the sector's middle half▲ 302.3pp46.2%within the sector's middle half▼ 4.6pp53.6%within the sector's middle half▲ 7.5pp
Current ratio0.07below the sector's middle half1.18within the sector's middle half▲ 1.110.85within the sector's middle half▼ 0.331.70within the sector's middle half▲ 0.85
Return on assets (ROA)-167.9%below the sector's middle half120.1%above the sector's middle half▲ 288.0pp29.2%above the sector's middle half▼ 90.9pp31.8%above the sector's middle half▲ 2.6pp
Staff (FTE)0.31.1▲ 267%5.3▲ 382%11.5▲ 117%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 149% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304,075
Fixed assets
€63,974 ▼ 17.9%
Current assets
€240,101 ▲ 263%
Equity and liabilities €304,075
Equity
€163,070 ▲ 145%
Debt
€141,005 ▲ 81.8%
Debt's share of the balance-sheet total falls from 53.8% to 46.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€169,256▲
2024 · €74,000
Cash flow
€129,380▲
2024 · €61,282
Debt to equity
0.86▼
2024 · 1.17
ROE
59.2%▼
2024 · 63.2%
Interest coverage
4.24▼
2024 · 5.73
Debt ≤ 1 year
€141,005▲
2024 · €77,568
Staff costs
€256,478▲
2024 · €209,297
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,781 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.7%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 4.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 6,781 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €9,165 | €47,993 | €209,297 | €256,478 | ▲ 22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €329 | €1,722 | €19,220 | €32,820 | ▲ 70.8% |
| Other operating charges640/8 | €3,167 | €145 | €9,811 | €9,620 | €27,468 | ▲ 186% |
| Gross operating margin9900 | -€5,612 | -€3,849 | €119,542 | €292,917 | €453,201 | ▲ 54.7% |
| Operating profit (loss)9901 | -€8,779 | -€13,488 | €60,017 | €54,780 | €136,436 | ▲ 149% |
| Financial income75/76B | - | - | €1 | €204 | €10 | ▼ 95.3% |
| Recurring financial income75 | - | - | €1 | €204 | €10 | ▼ 95.3% |
| Financial charges65/66B | €1,213 | €153 | €2,132 | €12,923 | €39,885 | ▲ 209% |
| Recurring financial charges65 | €1,213 | €153 | €2,132 | €12,923 | €39,885 | ▲ 209% |
| Profit (loss) for the period before taxes9903 | -€9,992 | -€13,641 | €57,886 | €42,062 | €96,561 | ▲ 130% |
| Profit (loss) for the period9904 | -€9,992 | -€13,641 | €57,886 | €42,062 | €96,561 | ▲ 130% |
| Profit (loss) for the period to be appropriated9905 | -€9,992 | -€13,641 | €57,886 | €42,062 | €96,561 | ▲ 130% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,240 | €8,126 | €48,185 | €144,077 | €304,075 | ▲ 111% |
| Fixed assets21/28 | - | €6,196 | €20,175 | €77,921 | €63,974 | ▼ 17.9% |
| Tangible fixed assets22/27 | - | €6,196 | €17,775 | €75,521 | €61,574 | ▼ 18.5% |
| Plant, machinery and equipment23 | - | €5,786 | €5,786 | €9,008 | €14,677 | ▲ 62.9% |
| Furniture and vehicles24 | - | €410 | €11,989 | €66,513 | €46,897 | ▼ 29.5% |
| Financial fixed assets28 | - | - | €2,400 | €2,400 | €2,400 | = |
| Current assets29/58 | €4,240 | €1,930 | €28,011 | €66,156 | €240,101 | ▲ 263% |
| Amounts receivable within one year40/41 | €2,503 | €1,770 | €27,923 | €58,626 | €166,479 | ▲ 184% |
| Trade receivables40 | - | €51 | €24,899 | €636 | €150,055 | ▲ 23,494% |
| Other amounts receivable41 | €2,503 | €1,719 | €3,024 | €57,990 | €16,424 | ▼ 71.7% |
| Cash at bank and in hand54/58 | €1,737 | €159 | €88 | €7,530 | €73,622 | ▲ 878% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,240 | €8,126 | €48,185 | €144,077 | €304,075 | ▲ 111% |
| Equity10/15 | -€8,297 | -€20,438 | €24,448 | €66,509 | €163,070 | ▲ 145% |
| Contributions10/11 | €13,000 | €14,500 | €1,500 | €1,500 | €1,500 | = |
| Capital10 | - | - | - | - | €1,500 | - |
| Issued capital100 | - | - | - | - | €1,500 | - |
| Profit (loss) carried forward14 | -€21,297 | -€34,938 | €22,948 | €65,009 | €161,570 | ▲ 149% |
| Amounts payable17/49 | €12,537 | €28,564 | €23,738 | €77,568 | €141,005 | ▲ 81.8% |
| Amounts payable within one year42/48 | €12,537 | €28,564 | €23,738 | €77,568 | €141,005 | ▲ 81.8% |
| Trade debts44 | €218 | €3,172 | €7,136 | €40,715 | €55,415 | ▲ 36.1% |
| Suppliers440/4 | €218 | €3,172 | €7,136 | €40,715 | €55,415 | ▲ 36.1% |
| Taxes, remuneration and social security45 | - | €5,211 | €16,602 | €36,853 | €59,896 | ▲ 62.5% |
| Taxes450/3 | - | €409 | €12,171 | €18,572 | €39,288 | ▲ 112% |
| Remuneration and social security454/9 | - | €4,803 | €4,431 | €18,281 | €20,608 | ▲ 12.7% |
| Other amounts payable47/48 | €12,320 | €20,180 | - | - | €25,694 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,992 | -€13,641 | €57,886 | €42,062 | €96,561 | ▲ 130% |
| + Depreciation and write-downs630 | - | €329 | €1,722 | €19,220 | €32,820 | ▲ 70.8% |
| Operating cash flow (approximation) | -€9,992 | -€13,311 | €59,607 | €61,282 | €129,380 | ▲ 111% |
| Investment in fixed assets (approximation) | - | - | -€15,700 | -€76,967 | -€18,872 | ▲ 75.5% |
| Change in cash | - | -€1,578 | -€72 | €7,442 | €66,092 | ▲ 788% |
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
Next filing, fiscal year 2026, expected by
2026
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €96,561 ▲130%
Operating result €136,436, net result €96,561, both a record.
31-12
Financial
Equity above €150,000Eq €163,070 ▲145%
3 profitable years in a row build equity to €163,070.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €57,886
Net result €57,886 after 3 loss-making years.
31-12
Financial
Liquidity times 17current ratio 1.18
Current ratio from 0.07 to 1.18; short-term debt falls from €28,564 to €23,738.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
31-12
Financial
Weakest financial yearnet -€13,641
Net result drops to -€13,641, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Sint-Pieters-Leeuw · 3 establishment units since 2019
Ground area
1,940 m²
Building footprint
658 m²
Volume, LiDAR
6,319 m³
4 parcels, Brussels, Flanders · tallest building 17.0 m, ±4 floors. Linked by address, not a title deed.
515
companies at this address
See who is registered here
3 establishment units
Café Rouge et Noir
since 20192.292.323.992
Global Ice
since 20222.335.143.851
MTH Express
since 20222.335.144.049
4 parcels
Flanders
1
(25%)
Brussels
3
(75%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 21464E0031/00V008 | Brussels | 125 m² | 1 · 101 m² | 16.8 m · 4 fl. |
| 21526D0150/00A004 | Brussels | 94 m² | 1 · 90 m² | 16.6 m · 3 fl. |
| 21816C0099/00P003 | Brussels | 83 m² | 1 · 69 m² | 17.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBrussel2.292.323.992
Sint-Jans-Molenbeek2.335.143.851
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
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C-NIVELLES
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DANNI
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 7,110 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732704247
Also
9925:BE0732704247
Registered
15-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.