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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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
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Late annual account NBB
Fiscal year 2025 was filed 194 days after the legal deadline.
Financials
Financial year 2025
SHAGGIE from Westerlo, company number BE0887133690, closed financial year 2025 with a result of € 192,551 after tax. For that financial year SHAGGIE recorded revenue of € 658,918 and equity of € 10.9 million. Compared with financial year 2024, the result moved from € 198,590 to € 192,551. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 12, 2026.
€ 10.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 192,551
▼ 3% vs 2024
Profit after tax over the fiscal year.
€ 24,702
▼ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.4 million.
People and assets in 2025
€ 168,341
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 16% vs 2024
€ 320,317 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 729,768
▲ € 727,275 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1811 days on average.
€ 13,562
▼ 16% 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 | |
|---|---|---|---|---|---|
| Revenue | € 508,755 | € 518,336 | € 620,631 | € 658,918 | ▲ 6% |
| Profit after taxes | € 101,690 | € 1,582,880 | € 198,590 | € 192,551 | ▼ 3% |
| Equity | € 8,989,346 | € 10,548,226 | € 10,746,816 | € 10,939,593 | ▲ 2% |
| Total debts | € 4,303,231 | € 2,768,574 | € 2,647,764 | € 3,049,781 | ▲ 15% |
| Cash | € 31,692 | € 24,026 | € 67,249 | € 24,702 | ▼ 63% |
| Land & buildings | € 1,751,226 | € 1,681,628 | € 1,630,707 | € 2,174,842 | ▲ 33% |
| Retained profit | € 2,489,096 | € 4,047,976 | € 4,246,566 | € 4,439,343 | ▲ 5% |
| Dividend | € 0 | € 24,000 | € 0 | € 0 | |
| Bank debt | € 1,843,951 | € 1,767,049 | € 1,525,281 | € 1,281,138 | ▼ 16% |
| Balance sheet total | € 13,311,660 | € 13,335,883 | € 13,411,503 | € 14,005,217 | ▲ 4% |
| Employees (FTE) | 1.5 | 1 | - | - |
Key figures of SHAGGIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SHAGGIE?
What happened at SHAGGIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 192,551 (▼ 3% vs 2024). filed late Source: NBB ↗
- New establishment in Laakdal. KBO
- Start of the company according to the CBE. KBO
In short
From € 101,690 profit in 2022 to € 192,551 profit in 2025.
Paid € 209,348 in corporate taxes since 2022.
Best year ever: 2023, with € 1.6 million profit.
Paid out € 24,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Hannekenshoek 6
2260 Westerlo
Nikelaan 5
2430 Laakdal
Active since 13 March 2007
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0887.133.690
- VAT number
- BE 0887.133.690
- Registered office
- Hannekenshoek 6, 2260 Westerlo
- Names & denominations
- SHAGGIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 February 2007
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings