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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Shelter Retail from Gent, company number BE0687899650, closed financial year 2025 with a result of € -2,333 after tax. For that financial year Shelter Retail recorded a gross margin of € 322,860 and equity of € -135,739. Compared with financial year 2024, the result moved from € 17,989 to € -2,333. 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 October 29, 2025.
€ -135,739
▼ € 2,333 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,333
▼ still € 17,989 profit in 2024
Profit after tax over the fiscal year.
€ 4,068
▲ € 3,665 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -148,139.
People and assets in 2025
€ 278,503
▲ 28% 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.
€ 7,069
▼ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 157,083
▲ 67% vs 2024
€ 24,340 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 140,639
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,098
▲ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 126,685 | € 247,413 | € 281,843 | € 322,860 | ▲ 15% |
| Profit after taxes | € -30,480 | € 52,540 | € 17,989 | € -2,333 | ▼ € 20,322 |
| Equity | € -203,935 | € -151,395 | € -133,406 | € -135,739 | ▼ € 2,333 |
| Total debts | € 538,120 | € 622,335 | € 648,079 | € 670,028 | ▲ 3% |
| Cash | € 2,256 | € 306 | € 403 | € 4,068 | ▲ € 3,665 |
| Retained profit | € -216,335 | € -163,795 | € -145,806 | € -148,139 | ▼ € 2,333 |
| Bank debt | € 149,285 | € 119,410 | € 94,266 | € 157,083 | ▲ 67% |
| Balance sheet total | € 334,185 | € 470,940 | € 514,673 | € 534,288 | ▲ 4% |
Key figures of Shelter Retail, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to Shelter Retail?
What happened at Shelter Retail in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Gent. KBO
- New annual accounts for financial year 2025: loss of € 2,333 (▼ € 20,322 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Jan Peeters became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 30,480 loss in 2022 to € 2,333 loss in 2025.
Paid € 399 in corporate taxes since 2022.
Best year ever: 2023, with € 52,540 profit.
Management
Behind Shelter Retail is Jan Peeters.
Directors
According to the 2025 annual accounts
Jan Peeters
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Hoogpoort 9
9000 Gent
Jakob Van Caeneghemstraat 1
9000 Gent
Active since 30 September 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0687.899.650
- VAT number
- BE 0687.899.650
- Registered office
- Hoogpoort 9, 9000 Gent
- Names & denominations
- Shelter Retail
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 January 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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