ACTIVE

SHAN-B

Financial year 2025 · closed on 31/12/2025
Net result
62,5 k €
+40.2% YoY
Gross margin
108,9 k €
+76.3% YoY
Equity
44,1 k €
+340.1% YoY

What does SHAN-B do?

SHAN-B is a Private company with limited liability incorporated in 2009. Its main activity is: General cleaning of buildings. Its registered office is in Schaerbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0819.786.590
Incorporation
16/10/2009
Legal form
Private company with limited liability
Registered office
Rue de l'Agriculture 32
1030 Schaerbeek · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross margin108,9 k €61,8 k €60,7 k €-23,7 k €-7,2 k €-10,3 k €8 k €44,5 k €23,4 k €51,1 k €32,3 k €25,7 k €12,4 k €4,7 k €-3,8 k €-41,4 k €
EBITDA80,2 k €61,4 k €56,3 k €-24 k €-10,1 k €-14,7 k €-32,5 k €12,8 k €-6,1 k €31,1 k €16,1 k €2,4 k €285,2 €-21 k €-40,1 k €-61 k €
Operating result63 k €45,5 k €46,2 k €-24 k €-10,1 k €-14,7 k €-32,5 k €12,8 k €-6,1 k €31,1 k €16,1 k €2,2 k €112 €-21,2 k €-40,3 k €-62,1 k €
Net result62,5 k €44,6 k €45,6 k €-24,1 k €-10,1 k €-15 k €-32,6 k €12,4 k €-8,2 k €31,1 k €15,8 k €2 k €139,7 €-21,2 k €-40,3 k €-62,2 k €
Balance sheet
Equity44,1 k €-18,4 k €-62,9 k €-108,6 k €-109,5 k €-99,4 k €-84,4 k €-51,8 k €-64,3 k €-56 k €-87,1 k €-102,9 k €-104,9 k €-105,1 k €-83,9 k €-43,6 k €
Total assets123,7 k €131,9 k €74,8 k €1,6 k €15 k €21,5 k €21,3 k €7,3 k €918,2 €18,7 k €1,3 k €2,8 k €67,1 k €64,8 k €3,6 k €688 €
Cash10,3 k €143,7 €114,6 €1,4 k €12,4 k €10,9 k €3,6 k €6,6 k €241,4 €9 k €53,1 €2,6 k €36,8 k €27,3 k €2,9 k €303,1 €
Debts79,6 k €150,2 k €137,8 k €70,2 k €84,5 k €97,3 k €105,8 k €59,2 k €65,2 k €74,7 k €88,5 k €105,7 k €172 k €169,8 k €87,5 k €44,3 k €
Other
Workforce1,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Tunahan Ince

Director · since 09 février 2023

Active

Ended mandates

KMD INVEST

Director · since 01 juillet 2019 · 0727.990.938

Represented by Karim El Youssofi

Ended
Hicham Bencheqroun Karimi

Mandate

Ended
Nawal Bencheqroun Karimi

Director · until 01 juillet 2019

Ended
Nawal Bencheqroun Karimi

Manager

Ended
At this address

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0745.376.506
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/05/202608/03/202505/03/202413/09/202308/08/202226/06/2021
General meeting30/04/202607/03/202505/03/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/04/202602/05/2026FrenchPDF
Micro model31/12/202407/03/202508/03/2025FrenchPDF
Micro model31/12/202305/03/202405/03/2024FrenchPDF
Micro model31/12/202230/06/202313/09/2023FrenchPDF
Micro model31/12/202124/06/202208/08/2022FrenchPDF
Micro model31/12/202025/06/202126/06/2021FrenchPDF
Micro model31/12/201926/06/202028/08/2020FrenchPDF
Micro model31/12/201828/06/201904/07/2019FrenchPDF
Micro model31/12/201729/06/201809/07/2018FrenchPDF
Micro model31/12/201630/06/201718/07/2017FrenchPDF
Abridged model31/12/201524/06/201604/07/2016FrenchPDF
Abridged model31/12/201426/06/201503/08/2015FrenchPDF
Abridged model31/12/201327/06/201429/08/2014FrenchPDF
Abridged model31/12/201228/06/201326/01/2014FrenchPDF
Abridged model31/12/201129/06/201222/08/2012FrenchPDF
Abridged model31/12/201024/06/201127/03/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/12/2025 · 1 active · 4 ended

Active mandates

Tunahan Ince

Director · since 09 février 2023

Active

Ended mandates

KMD INVEST

Director · since 01 juillet 2019 · 0727.990.938

Represented by Karim El Youssofi

Ended
Hicham Bencheqroun Karimi

Mandate

Ended
Nawal Bencheqroun Karimi

Director · until 01 juillet 2019

Ended
Nawal Bencheqroun Karimi

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/03/2023
    SIEGE SOCIAL
    PDF
  • Mandates23/02/2023
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/07/2019
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other27/10/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202562,5 k €
  2. 2024
    Annual accounts 202444,6 k €
  3. 2023
    Annual accounts 202345,6 k €
  4. 2022
    Annual accounts 2022-24,1 k €
  5. 2021
    Annual accounts 2021-10,1 k €
  6. 2020
    Annual accounts 2020-15 k €
  7. 2019
    Annual accounts 2019-32,6 k €
  8. 2018
    Annual accounts 201812,4 k €
  9. 2017
    Annual accounts 2017-8,2 k €
  10. 2016
    Annual accounts 201631,1 k €
  11. 2015
    Annual accounts 201515,8 k €
  12. 2014
    Annual accounts 20142 k €
  13. 2013
    Annual accounts 2013139,7 €
  14. 2012
    Annual accounts 2012-21,2 k €
  15. 2011
    Annual accounts 2011-40,3 k €
  16. 2010
    Annual accounts 2010-62,2 k €
  17. 16/10/2009
    IncorporationPrivate company with limited liability