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 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Shiya from Herent, company number BE1010391986, closed financial year 2025 with a result of € 44,966 after tax. For that financial year Shiya recorded a gross margin of € 79,583 and equity of € 58,453. Compared with financial year 2024, the result moved from € 11,487 to € 44,966. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 58,453
▲ € 44,966 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,966
▲ 291% vs 2024
Profit after tax over the fiscal year.
€ 25,682
▲ 23% 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 € 56,453.
People and assets in 2025
€ 10,888
▲ 44% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 351,553
▼ 11% vs 2024
€ 46,980 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 3,529
▲ 252% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,085
▲ 77% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 23,039 | € 79,583 | ▲ 245% |
| Profit after taxes | € 11,487 | € 44,966 | ▲ 291% |
| Equity | € 13,487 | € 58,453 | ▲ € 44,966 |
| Total debts | € 410,425 | € 373,612 | ▼ 9% |
| Cash | € 20,957 | € 25,682 | ▲ 23% |
| Retained profit | € 11,487 | € 56,453 | ▲ € 44,966 |
| Bank debt | € 396,743 | € 351,553 | ▼ 11% |
| Balance sheet total | € 423,912 | € 432,065 | ▲ 2% |
Key figures of Shiya, 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 Shiya?
What happened at Shiya in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,966 (▲ 291% vs 2024). filed late Source: NBB ↗
- New establishment in Herent. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,487 profit in 2024 to € 44,966 profit in 2025.
Paid € 21,975 in corporate taxes since 2024.
Best year ever: 2025, with € 44,966 profit.
Management
Behind Shiya is Jasper Libbrecht. It owns 40.1% of Insuria itself.
Directors
According to the 2025 annual accounts
Jasper Libbrecht
Director
Establishments
Establishment units
Physical locations of this company
Wijgmaalsesteenweg 277
3020 Herent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1010.391.986
- VAT number
- BE 1010.391.986
- Registered office
- Wijgmaalsesteenweg 277, 3020 Herent
- Names & denominations
- Shiya
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2024
- Peppol
- Active · Active since 8 Apr 2026
- Activities · NACE
Activiteiten van holdings