ACTIVE

SHN

Financial year 2025 · closed on 31/12/2025
Net result
3 k €
+121.9% YoY
Gross margin
24,8 k €
+354.4% YoY
Equity
23,4 k €
+14.6% YoY

What does SHN do?

SHN is a Private limited company incorporated in 2023. Its main activity is: Electrical installation. Its registered office is in Zaventem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0797.644.064
Incorporation
26/01/2023
Legal form
Private limited company
Registered office
Da Vincilaan 2
1930 Zaventem · FlandreSee on map
Contributed capital
5 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin24,8 k €-9,7 k €39,2 k €
EBITDA14,3 k €-12,9 k €37,7 k €
Operating result3,3 k €-15,3 k €36,8 k €
Net result3 k €-13,6 k €29,1 k €
Balance sheet
Equity23,4 k €20,5 k €34,1 k €
Total assets88,9 k €94,3 k €43 k €
Cash4,2 k €4,4 k €7,4 k €
Debts65,5 k €73,9 k €8,9 k €
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 31/12/2023 · 1 active

Active mandates

Ömer Sahin

Mandate

Active
At this address

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Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202426/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date22/08/202628/09/202525/06/2024
General meeting19/06/202620/06/202521/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202622/08/2026DutchPDF
Micro model31/12/202420/06/202528/09/2025DutchPDF
Micro model31/12/202321/06/202425/06/2024DutchPDF
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 31/12/2023 · 1 active

Active mandates

Ömer Sahin

Mandate

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office22/05/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates05/11/2025
    MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/11/2024
    BENAMING - DOEL
    PDF
  • Other30/01/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 20253 k €
  2. 2024
    Annual accounts 2024-13,6 k €
  3. 2024
    Name changeSHN
  4. 2023
    Annual accounts 202329,1 k €
  5. 26/01/2023
    IncorporationPrivate limited company
  6. 2023
    Name changeEnytec