SHV Consult

Active

Private limited companyfounded 200719 yrs activePijkenaas 13, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0892.029.519

Summary

The annual accounts of SHV Consult for fiscal year 2025 show a net loss of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €38,871 and a net result of -€172,084. Equity is shrinking by ~26% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 12% of 38777 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch Report Compare

SHV ConsultActiveChecked score 53/100

Risk analysis Report Compare

Activity

Business and other management consultancy

NACE 70200Business consulting NACE 70220NACE 72100

1 site

Size

€830,665total assets 2025

Equity: €38,871
Loss: -€172,084

Turnover not published (abridged schema)

Financial health

53 Fair Checked score 2025

Bankruptcy chance 12 m: 0.3%

Structure

Accounts filed 31 d late0 of 6 deeds read

Why 53Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €172,084, the second in a row (FY 2025)- Equity €38,871 (4.7% of total assets)+ Size: total assets €830,665+ Sector Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2025

53 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 16% of its sector peers (NACE 70, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 30-16

equity 4.7% of total assets

Liquidity 41-5

short-term debt 94.4% · cash 33.0%

Profitability 50=

return on assets -20.7%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (47,788 companies)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%▲ +1.6% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +12.7% vs 03-2025 05-2025: 0.1%▼ -2.8% vs 04-2025 06-2025: 0.1%▲ +23.2% vs 05-2025 07-2025: 0.1%▲ +25.9% vs 06-2025 08-2025: 0.1%▲ +7.5% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▲ +2.6% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▲ +11.0% vs 03-2026 05-2026: 0.1%▼ -1.5% vs 04-2026 06-2026: 0.1%▲ +13.2% vs 05-2026 07-2026: 0.2%▲ +19.2% vs 06-2026 08-2026: 0.3%▲ +68.4% vs 07-2026highest value 09-2026: 0.3%▼ -1.0% vs 08-2026 10-2026: 0.3%● 0.0% vs 09-2026

Loss of €172,084, the second in a row (FY 2025) raises the probability
Size: total assets €830,665 lowers the probability for this profile
Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
Equity €38,871 (4.7% of total assets) raises the probability

Credit up to €2,000 at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity short (current ratio 0.45 against 0.51 in 2024; short-term debt: 94.4% and cash: 33% of total assets), and 95.3% of the assets are financed with debt.

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 70, micro). Better than this share of them on solvency 13%, liquidity 21%, profitability 23%, growth against the median 7%. 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

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Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Loss of €172,084, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €830,665

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Sector Activities of head offices; management consultancy activities (NACE 70)

In the bankruptcy model this factor lowers the probability.

KBO

Equity €38,871 (4.7% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€172,084

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 38777 sector peers (2025).

NBB · sector comparison

Position among 38777 sector peers

Solvency

better than 12%

← weakest strongest →

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

31 d late

2024

14 d early

2023

33 d early

2022

12 d early

2021

11 d late

2020

20 d late

2019

28 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 4 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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 19 July (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

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

11-09-26 Board meeting · Director resignationPermanent representative
31-08-26 General meeting · Share classCapital · Statutes amendment
31-08-26 Annual accounts filedfiscal year 2025 · micro…

Key points

Risk: 6 loss-making years in a rowloss fiscal year 2025 -€172,084 View
Caution: Equity fell in 2025from €210,955 to €38,871 ▼ 81.6% View
Caution: Among the weakest 5% on net resultsector median €27,167 · 38,791 companies -€172,084 View