Financials
Financial year 2025
SHABAD from Hasselt, company number BE0721656640, closed financial year 2025 with a result of € -4,498 after tax. For that financial year SHABAD recorded a gross margin of € 2,615 and equity of € 41,842. Compared with financial year 2024, the result moved from € 5,813 to € -4,498. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 41,842
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,498
▼ still € 5,813 profit in 2024
Profit after tax over the fiscal year.
€ 11,144
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 23,242.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 339
▲ 294% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,323 | € 10,528 | € 17,976 | € 2,615 | ▼ 85% |
| Profit after taxes | € 5,154 | € 2,718 | € 5,813 | € -4,498 | ▼ € 10,311 |
| Equity | € 37,809 | € 40,528 | € 46,340 | € 41,842 | ▼ 10% |
| Total debts | € 2,761 | € 3,935 | € 3,010 | € 339 | ▼ 89% |
| Cash | € 3,645 | € 3,808 | € 19,608 | € 11,144 | ▼ 43% |
| Retained profit | € 19,209 | € 21,928 | € 27,740 | € 23,242 | ▼ 16% |
| Balance sheet total | € 40,570 | € 44,463 | € 49,350 | € 42,181 | ▼ 15% |
Key figures of SHABAD, 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 SHABAD?
What happened at SHABAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,498 (▼ € 10,311 vs 2024). Source: NBB ↗
- New establishment in Hasselt. KBO
- New establishment in Hasselt. KBO
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,154 profit in 2022 to € 4,498 loss in 2025.
Paid € 3,020 in corporate taxes since 2022.
Best year ever: 2024, with € 5,813 profit.
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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 SHABAD are Sukhdev Singh Padda and Rajwinder Kaur Padda.
Directors
According to the 2025 annual accounts
Sukhdev Singh Padda
Director
Rajwinder Kaur Padda
Director
Establishments
Establishment units
Physical locations of this company
Dorpsstraat 29 box B
3720 Hasselt
Sint-Maartenplein 28
3512 Hasselt
Active since 20 October 2023
Dorpsstraat 22
3720 Hasselt
Active since 6 January 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0721.656.640
- VAT number
- BE 0721.656.640
- Registered office
- Dorpsstraat 29 bus B, 3720 Hasselt
- Names & denominations
- SHABAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 February 2019
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
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