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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SH INVESTMENT from Oudergem, company number BE0733909126, closed financial year 2025 with a result of € -22,539 after tax. For that financial year SH INVESTMENT recorded a gross margin of € -21,545 and equity of € 3,519. Compared with financial year 2024, the result moved from € -9,128 to € -22,539. The company made a loss. The buffer shrank hard: equity is 86 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ 3,519
▼ 86% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,539
▼ 147 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5,995
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 688
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,779
▼ 27% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 72,167 | € -21,591 | € -7,315 | € -21,545 | ▼ € 14,229 |
| Profit after taxes | € 57,556 | € -22,935 | € -9,128 | € -22,539 | ▼ € 13,411 |
| Equity | € 59,722 | € 35,987 | € 26,058 | € 3,519 | ▼ 86% |
| Total debts | € 57,005 | € 21,801 | € 15,812 | € 11,010 | ▼ 30% |
| Cash | € 115,754 | € 57,788 | € 41,642 | € 5,995 | ▼ 86% |
| Retained profit | € 56,222 | € 32,487 | € 22,558 | € 19 | ▼ € 22,539 |
| Dividend | € 800 | € 800 | € 800 | € 0 | ▼ 100% |
| Balance sheet total | € 116,727 | € 57,788 | € 41,870 | € 14,529 | ▼ 65% |
Key figures of SH INVESTMENT, 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 SH INVESTMENT?
What happened at SH INVESTMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,539. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oudergem. KBO
- Sébstien Horvath became a director. NBB
In short
From € 57,556 profit in 2022 to € 22,539 loss in 2025.
Paid € 14,362 in corporate taxes since 2022.
Best year ever: 2022, with € 57,556 profit.
Paid out € 2,400 in dividends to the owners in total.
Management
Behind SH INVESTMENT is Sébstien Horvath.
Directors
According to the 2025 annual accounts
Sébstien Horvath
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Isidore Geyskenslaan 75 box 1
1160 Oudergem
Isidore Geyskenslaan 75
1160 Oudergem
Active since 10 September 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- HORVATH Sébastien Jean Vincent François(aandeelhouder) 100%
Details
- Company number
- 0733.909.126
- VAT number
- BE 0733.909.126
- Registered office
- Isidore Geyskenslaan 75 bus 1, 1160 Oudergem
- Names & denominations
- SH INVESTMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 2019
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- [email protected]
- Activities · NACE
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