Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SHAHAB & SONS from Gedinne, company number BE0503928460, closed financial year 2025 with a result of € -2,918 after tax. For that financial year SHAHAB & SONS recorded a gross margin of € 44,790 and equity of € -1,288. Compared with financial year 2024, the result moved from € -28,730 to € -2,918. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 3, 2026.
€ -1,288
▼ € 2,918 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,918
▲ 90 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,716
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -14,888.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 46,660
▼ 21% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4,072
▼ 71% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,030
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 661,724 | - | - | - | |
| Gross margin | € 29,240 | € 40,126 | € 37,258 | € 44,790 | ▲ 20% |
| Profit after taxes | € -10,492 | € -3,316 | € -28,730 | € -2,918 | ▲ € 25,812 |
| Equity | € 33,677 | € 30,360 | € 1,630 | € -1,288 | ▼ € 2,918 |
| Total debts | € 41,285 | € 39,276 | € 53,948 | € 48,963 | ▼ 9% |
| Cash | € 3,485 | € 1,484 | € 5,696 | € 7,716 | ▲ 35% |
| Retained profit | € 20,077 | € 16,760 | € -11,970 | € -14,888 | ▼ € 2,918 |
| Bank debt | € 14,593 | € 14,593 | € 3,945 | € 0 | ▼ 100% |
| Balance sheet total | € 74,962 | € 69,636 | € 55,578 | € 47,675 | ▼ 14% |
Key figures of SHAHAB & SONS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SHAHAB & SONS?
What happened at SHAHAB & SONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,918. filed late Source: NBB ↗
- New establishment in Gedinne. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,492 loss in 2022 to € 2,918 loss in 2025.
Management
Behind SHAHAB & SONS is zafar muhammad.
Directors
According to the 2025 annual accounts
zafar muhammad
Director
Establishments
Establishment units
Physical locations of this company
Rue de Charleville 5
5575 Gedinne
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0503.928.460
- VAT number
- BE 0503.928.460
- Registered office
- Rue de Charleville 5, 5575 Gedinne
- Names & denominations
- SHAHAB & SONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2013
- Peppol
- Active · Active since 13 Oct 2025
- Activities · NACE
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Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)
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