Active · per the CBE, 30 September 2026

SHABA PROPERTIES

BE0802159217

Rechtspersoon Private limited company

Waverse Steenweg 16, 1050 Elsene

Behind the company: Banaras HUSSAIN .

Active for

3 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 2 fiscal years.

Financials

Financial year 2025

SHABA PROPERTIES from Elsene, company number BE0802159217, closed financial year 2025 with a result of € 11,720 after tax. For that financial year SHABA PROPERTIES recorded revenue of € 59,300 and equity of € -33,896. Compared with financial year 2024, the result moved from € -50,616 to € 11,720. Profitable, and profit is growing. 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 July 3, 2026.

What it is worth Caution

€ -33,896

▼ € 209,353 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 11,720

▲ still € 50,616 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 226,302

▲ € 221,807 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -38,896.

Debts at end 2025

Bank debt ≈ 27 years to go

€ 462,586

▼ 3% vs 2024

€ 16,851 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.

Owed to suppliers

€ 71

▼ 94% vs 2024

Supplier invoices still open on the last day of the fiscal year.

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Key figures per fiscal year Download key figures (CSV)
20242025Change 2024 → 2025
Revenue € 22,540 € 59,300 ▲ 163%
Gross margin € 13,990 € 56,673 ▲ € 42,683
Profit after taxes € -50,616 € 11,720 ▲ € 62,336
Equity € 175,456 € -33,896 ▼ € 209,353
Total debts € 479,882 € 893,117 ▲ 86%
Cash € 4,495 € 226,302 ▲ € 221,807
Land & buildings € 646,903 € 626,979 ▼ 3%
Retained profit € -50,616 € -38,896 ▲ € 11,720
Bank debt € 478,617 € 462,586 ▼ 3%
Balance sheet total € 655,338 € 859,221 ▲ 31%

Key figures of SHABA PROPERTIES, fiscal years 2024 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 SHABA PROPERTIES?

What happened at SHABA PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 11,720. Source: NBB ↗
  • Start of the company according to the CBE. KBO

In short

From € 50,616 loss in 2024 to € 11,720 profit in 2025.

Best year ever: 2025, with € 11,720 profit.

Management

Behind SHABA PROPERTIES is Banaras HUSSAIN . Banaras HUSSAIN is also behind BEAUTY EXPRESS, BELGIUM BEAUTY SUPPLIES and JINNYS BEAUTY SUPPLIES.

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Directors

According to the 2025 annual accounts

Banaras HUSSAIN

Director

Also active at: BEAUTY EXPRESS, BELGIUM BEAUTY SUPPLIES, JINNYS BEAUTY SUPPLIES

Establishments

Establishment units

Physical locations of this company

Registered office

Waverse Steenweg 16

1050 Elsene

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 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
0802.159.217
VAT number
BE 0802.159.217
Registered office
Waverse Steenweg 16, 1050 Elsene
Names & denominations
SHABA PROPERTIES
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
26 May 2023
Peppol
Active · Active since 12 May 2025

Frequently asked questions

What is the address of SHABA PROPERTIES?
The registered office of SHABA PROPERTIES is located at Waverse Steenweg 16, 1050 Elsene.
Is SHABA PROPERTIES still active?
Yes. According to the CBE (30 September 2026) SHABA PROPERTIES is active, legal situation “Normale toestand”, started on 26 May 2023.
Is SHABA PROPERTIES registered on Peppol?
Yes, SHABA PROPERTIES is registered on the Peppol network with ID 0208:0802159217.
What is the enterprise number of SHABA PROPERTIES?
The enterprise number of SHABA PROPERTIES is BE0802159217.
When was SHABA PROPERTIES founded?
SHABA PROPERTIES was founded on 26 May 2023.
Who owns SHABA PROPERTIES?
Behind SHABA PROPERTIES is Banaras HUSSAIN . Banaras HUSSAIN is also behind BEAUTY EXPRESS, BELGIUM BEAUTY SUPPLIES and JINNYS BEAUTY SUPPLIES.