ACTIVE

SHAAN

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Financial year 2024 · closed on 31/12/2024

Net result

62,4 k €

-52.8% YoY

Revenue

9,4 M €

-15.1% YoY

Equity

2,4 M €

+2.5% YoY

Workforce

13,7 ETP

-19.4% YoY

What does SHAAN do?

SHAAN is a Private limited company incorporated in 2002. Its main activity is: Non-specialised wholesale of food, beverages and tobacco. Its registered office is in Molenbeek-Saint-Jean. It employs on average 13,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.204.861

Incorporation

29/03/2002

Legal form

Private limited company

Registered office

Quai de l'Industrie 127
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

13,7 ETP

Activities (NACE)

46391Non-specialised wholesale of food, beverages and tobacco· main 46391Non-specialised wholesale of food, beverages and tobacco 47110Retail sale in non-specialised stores with food, beverages or tobacco predominating 47112Retail sale in non-specialised stores with food, beverages or tobacco predominating 52112Warehousing and storage

Joint committees (4)

119
119,01
11901
201

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	9,4 M €	-15.1%	11 M €	-29.8%	15,7 M €	-1.8%	16 M €	-13.4%	18,5 M €	+13.4%	16,3 M €	+1.5%	16,1 M €	+2.0%	15,8 M €	+3.1%	15,3 M €	+12.4%	13,6 M €	+27.7%	10,7 M €	+19.8%	8,9 M €	+4.1%	8,5 M €	+53.6%	5,6 M €	+50.1%	3,7 M €	+89.1%	2 M €	+96.5%	998,4 k €	+104%	488,4 k €		–
EBITDA	492,3 k €	+26.7%	388,4 k €	-42.2%	672,5 k €	+149%	270,3 k €	-31.0%	391,6 k €	+25.4%	312,2 k €	-43.0%	548,1 k €	+14.5%	478,8 k €	-43.2%	842,3 k €	+34.5%	626,3 k €	+10.0%	569,6 k €	+136%	241,1 k €	-58.5%	580,3 k €	+9.5%	529,8 k €	+291%	135,6 k €	+122%	61,2 k €	+370%	-22,7 k €	-148%	47,2 k €	+929%	4,6 k €
Operating result	327,7 k €	+52.4%	215 k €	-52.3%	451,1 k €	+339%	102,8 k €	-48.4%	199,4 k €	+109%	95,5 k €	-63.3%	260 k €	+5.7%	245,9 k €	-60.3%	620 k €	+18.8%	521,9 k €	+40.8%	370,7 k €	+98.0%	187,2 k €	-65.0%	534,5 k €	+7.8%	495,7 k €	+345%	111,3 k €	+224%	34,4 k €	+181%	-42,5 k €	-210%	38,7 k €	+1022%	3,5 k €
Net result	62,4 k €	-52.8%	132,1 k €	-47.7%	252,7 k €	+28422%	886 €	-99.0%	90,9 k €	+674%	11,7 k €	-76.1%	49,2 k €	-61.5%	127,9 k €	-58.9%	311,3 k €	-8.1%	338,8 k €	-10.6%	378,8 k €	+53.3%	247,1 k €	-37.5%	395,1 k €	+20.1%	329 k €	+274%	88 k €	+304%	21,8 k €	+145%	-47,9 k €	-294%	24,7 k €	+795%	2,8 k €
Balance sheet
Equity	2,4 M €	+2.5%	2,3 M €	+6.0%	2,2 M €	+13.0%	1,9 M €	+0.0%	1,9 M €	+4.9%	1,9 M €	+0.6%	1,8 M €	+2.7%	1,8 M €	+7.7%	1,7 M €	+22.9%	1,4 M €	+21.3%	1,1 M €	+51.2%	740,2 k €	+20.7%	613,1 k €	+71.3%	358 k €	+292%	91,4 k €	+267%	24,9 k €	+686%	3,2 k €	-93.8%	51 k €	+93.7%	26,3 k €
Total assets	6,3 M €	-10.3%	7,1 M €	+22.4%	5,8 M €	-10.8%	6,5 M €	+20.3%	5,4 M €	-8.4%	5,9 M €	+1.4%	5,8 M €	-9.5%	6,4 M €	+11.1%	5,8 M €	+22.7%	4,7 M €	+85.5%	2,5 M €	-28.0%	3,5 M €	+73.5%	2 M €	+4.1%	1,9 M €	+99.2%	978,7 k €	+167%	366,7 k €	+4.2%	351,9 k €	+68.6%	208,7 k €	+324%	49,2 k €
Cash	216,4 k €	-33.3%	324,4 k €	+1986%	15,5 k €	-72.2%	56 k €	-63.6%	153,6 k €	-78.8%	725,6 k €	+188%	251,7 k €	+123%	112,9 k €	-78.7%	529,4 k €	+261%	146,7 k €	-63.6%	402,6 k €	+1013%	36,2 k €	-39.7%	59,9 k €	+433%	11,2 k €	+10.2%	10,2 k €	+171849%	5,9 €	-100.0%	54,2 k €	-42.3%	94 k €	+392%	19,1 k €
Debts	3,9 M €	-16.9%	4,7 M €	+30.4%	3,6 M €	-20.9%	4,5 M €	+31.6%	3,4 M €	-14.6%	4 M €	+1.7%	4 M €	-14.3%	4,6 M €	+12.6%	4,1 M €	+22.7%	3,3 M €	+136%	1,4 M €	-48.0%	2,7 M €	+115%	1,3 M €	-12.1%	1,4 M €	+95.5%	737,4 k €	+116%	341,8 k €	-2.0%	348,7 k €	+121%	157,6 k €	+588%	22,9 k €
Other
Workforce	13,7 ETP	-19.4%	17,0 ETP	-15.0%	20,0 ETP	-3.8%	20,8 ETP	+16.9%	17,8 ETP	+9.2%	16,3 ETP	+0.6%	16,2 ETP	0.0%	16,2 ETP	+11.7%	14,5 ETP	+34.3%	10,8 ETP	-3.6%	11,2 ETP	+34.9%	8,3 ETP	+12.2%	7,4 ETP	+1.4%	7,3 ETP	+109%	3,5 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

Aziz Zaidabi

Director · since 01 juillet 2007

Active

Ended mandates

Zaidabi Aziz

Director · since 01 octobre 2007

Ended

Zaidabi Aziz

Manager · since 01 octobre 2007

Ended

Qaiser Inayat

Manager · since 31 mars 2007

Ended

ARSHAD MIRZA

Manager · until 01 mars 2007

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2025	17/09/2024	14/06/2023	30/01/2023	31/08/2021	06/11/2020
General meeting	29/07/2025	16/09/2024	05/05/2023	30/09/2022	30/06/2021	29/05/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	29/07/2025	18/08/2025	French	PDF
Full model	31/12/2023	16/09/2024	17/09/2024	French	PDF
Full model	31/12/2022	05/05/2023	14/06/2023	French	PDF
Full modelCorrection	31/12/2021	30/09/2022	30/01/2023	French	PDF
Full model	31/12/2021	30/09/2022	07/11/2022	French	PDF
Full model	31/12/2020	30/06/2021	31/08/2021	French	PDF
Full model	31/12/2019	29/05/2020	06/11/2020	French	PDF
Full model	31/12/2018	31/05/2019	23/08/2019	French	PDF
Full model	31/12/2017	18/06/2018	25/07/2018	French	PDF
Full model	31/12/2016	17/06/2017	10/07/2017	French	PDF
Full model	31/12/2015	18/06/2016	26/07/2016	French	PDF
Full model	31/12/2014	20/06/2015	24/06/2015	French	PDF
Abridged model	31/12/2013	20/06/2014	25/06/2014	French	PDF
Abridged model	31/12/2012	22/06/2013	24/06/2013	French	PDF
Abridged model	31/12/2011	22/06/2012	27/06/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	22/11/2011	French	PDF
Abridged model	31/12/2009	30/05/2010	30/08/2010	French	PDF
Abridged model	31/12/2008	30/05/2009	30/10/2009	French	PDF
Abridged model	31/12/2007	30/05/2008	25/08/2008	French	PDF
Abridged model	31/12/2006	29/06/2007	31/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

Aziz Zaidabi

Director · since 01 juillet 2007

Active

Ended mandates

Zaidabi Aziz

Director · since 01 octobre 2007

Ended

Zaidabi Aziz

Manager · since 01 octobre 2007

Ended

Qaiser Inayat

Manager · since 31 mars 2007

Ended

ARSHAD MIRZA

Manager · until 01 mars 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office29/05/2026
SIEGE SOCIAL
PDF
Mandates17/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office08/07/2022
SIEGE SOCIAL
PDF
Capital / shares14/09/2021
CAPITAL, ACTIONS
PDF
Registered office28/01/2015
SIEGE SOCIAL
PDF
Mandates27/05/2013
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates16/01/2013
DEMISSIONS, NOMINATIONS
PDF
Registered office03/11/2011
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 202462,4 k €↓
2023
Annual accounts 2023132,1 k €↓
2022
Annual accounts 2022252,7 k €↑
2021
Annual accounts 2021886 €↓
2020
Annual accounts 202090,9 k €↑
2019
Annual accounts 201911,7 k €↓
2018
Annual accounts 201849,2 k €↓
2017
Annual accounts 2017127,9 k €↓
2016
Annual accounts 2016311,3 k €↓
2015
Annual accounts 2015338,8 k €↓
2014
Annual accounts 2014378,8 k €↑
2013
Annual accounts 2013247,1 k €↓
2012
Annual accounts 2012395,1 k €↑
2011
Annual accounts 2011329 k €↑
2010
Annual accounts 201088 k €↑
2009
Annual accounts 200921,8 k €↑
2008
Annual accounts 2008-47,9 k €↓
2007
Annual accounts 200724,7 k €↑
2006
Annual accounts 20062,8 k €
29/03/2002
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SHAAN

Overview

What does SHAAN do?

Trend over 19 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline