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 2 of the last 4 fiscal years.
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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 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SHEZA STABLES from Buggenhout, company number BE0847409321, closed financial year 2025 with a result of € -20,511 after tax. For that financial year SHEZA STABLES recorded a gross margin of € 22,383 and equity of € -39,002. Compared with financial year 2024, the result moved from € -25,646 to € -20,511. 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 August 25, 2026.
€ -39,002
▼ € 20,511 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -20,511
▲ 20 % less loss than in 2024
Profit after tax over the fiscal year.
€ 865
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -57,602.
Debts at end 2025
€ 170,242
▼ 9% vs 2024
€ 16,144 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 19,331
▲ 211% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 277
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 | € 37,999 | € 40,594 | € 14,662 | € 22,383 | ▲ 53% |
| Profit after taxes | € -3,586 | € 1,738 | € -25,646 | € -20,511 | ▲ € 5,135 |
| Equity | € 5,417 | € 7,155 | € -18,491 | € -39,002 | ▼ € 20,511 |
| Total debts | € 330,747 | € 295,857 | € 586,442 | € 596,994 | ▲ 2% |
| Cash | € 233 | € 6,747 | € 2,147 | € 865 | ▼ 60% |
| Land & buildings | € 311,614 | € 280,577 | € 538,545 | € 509,774 | ▼ 5% |
| Retained profit | € -13,183 | € -11,445 | € -37,091 | € -57,602 | ▼ € 20,511 |
| Bank debt | € 49,583 | € 14,583 | € 187,000 | € 170,242 | ▼ 9% |
| Balance sheet total | € 336,165 | € 303,012 | € 567,951 | € 557,992 | ▼ 2% |
Key figures of SHEZA STABLES, 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 SHEZA STABLES?
What happened at SHEZA STABLES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 20,511. filed late Source: NBB ↗
- Stijn Wesemael became a director. NBB
- New establishment in Buggenhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,586 loss in 2022 to € 20,511 loss in 2025.
Best year ever: 2023, with € 1,738 profit.
Management
Behind SHEZA STABLES are Katrien Wesemael and Stijn Wesemael. The same people are also behind 'T HOEFIJZER.
Directors
According to the 2025 annual accounts
since 2026
Establishments
Establishment units
Physical locations of this company
Dreef 14
9255 Buggenhout
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.
Details
- Company number
- 0847.409.321
- VAT number
- BE 0847.409.321
- Registered office
- Dreef 14, 9255 Buggenhout
- Names & denominations
- SHEZA STABLES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2012
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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