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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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SHALA from Hasselt, company number BE0673954218, closed financial year 2025 with a result of € 6,974 after tax. For that financial year SHALA recorded a gross margin of € 574,537 and equity of € 146,236. Compared with financial year 2024, the result moved from € 58,936 to € 6,974. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ 146,236
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,974
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 85,622
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 101,236.
People and assets in 2025
9.5
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 352,593
▲ 12% vs 2024
€ 37,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,501
▲ 1% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▼ 2% vs 2024
€ 278,598 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 119,648
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,714
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 319,319 | € 438,323 | € 585,142 | € 574,537 | ▼ 2% |
| Profit after taxes | € -142,831 | € 33,497 | € 58,936 | € 6,974 | ▼ 88% |
| Equity | € 46,830 | € 80,327 | € 139,263 | € 146,236 | ▲ 5% |
| Total debts | € 2,357,281 | € 2,301,062 | € 2,150,230 | € 2,089,667 | ▼ 3% |
| Cash | € 40,448 | € 39,620 | € 59,351 | € 85,622 | ▲ 44% |
| Land & buildings | € 1,798,721 | € 1,825,380 | € 1,746,316 | € 1,667,251 | ▼ 5% |
| Retained profit | € 1,830 | € 35,327 | € 94,263 | € 101,236 | ▲ 7% |
| Bank debt | € 1,643,485 | € 1,838,934 | € 1,820,620 | € 1,790,934 | ▼ 2% |
| Balance sheet total | € 2,404,110 | € 2,381,389 | € 2,289,493 | € 2,235,903 | ▼ 2% |
| Employees (FTE) | 9.3 | 8.1 | 9.2 | 9.5 | ▲ 0.3 |
Key figures of SHALA, 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 SHALA?
What happened at SHALA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,974 (▼ 88% vs 2024). filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Skender Shala became a director. NBB
- Arberije Pllana became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 142,831 loss in 2022 to € 6,974 profit in 2025.
Paid € 3,454 in corporate taxes since 2022.
Best year ever: 2024, with € 58,936 profit.
On average € 60,500 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SHALA are Skender Shala and Arberije Pllana.
Directors
According to the 2025 annual accounts
Skender Shala
Director
since 2021
Arberije Pllana
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Sint-Hubertusplein 52
3500 Hasselt
Olmenstraat 41
3500 Hasselt
Active since 1 July 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0673.954.218
- VAT number
- BE 0673.954.218
- Registered office
- Sint-Hubertusplein 52, 3500 Hasselt
- Names & denominations
- SHALA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 April 2017
- Peppol
- Active · Active since 24 Nov 2023
- Activities · NACE
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