Shiftz
ActiveSummary
Shiftz has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €530k and a net result of €161k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 33% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▲+12
Solvency58▲+1
Growth52▲+2
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.46 in 2024; short-term debt: 56.4% and cash: 1% of total assets), but 67.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.8%
Return on assets
9.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
21 d late
2023
8 d early
2022
11 d late
2021
3 d early
2020
18 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.48M▲ 12.8%
2024 · €4.86M
2018: €3.93Mlowest in 8 years
2019: €4.90M▲ +24.8% vs 2018
2020: €5.45M▲ +11.1% vs 2019
2021: €4.24M▼ -22.2% vs 2020
2022: €4.60M▲ +8.5% vs 2021
2023: €3.94M▼ -14.3% vs 2022
2024: €4.86M▲ +23.4% vs 2023
2025: €5.48M▲ +12.8% vs 2024highest in 8 years
2018 → 2025
EBIT margin
4.4%▲ 1.3pp
2024 · 3.1%
2018: 9.7%highest in 8 years
2019: 7.2%▼ -25.7% vs 2018
2020: 8.9%▲ +23.2% vs 2019
2021: 3.1%▼ -64.9% vs 2020lowest in 8 years
2022: 7.0%▲ +126% vs 2021
2023: 3.5%▼ -50.0% vs 2022
2024: 3.1%▼ -11.6% vs 2023
2025: 4.4%▲ +42.0% vs 2024
2018 → 2025
Net result
€161k▲ 101%
2024 · €80k
2018: €272k
2019: €195k▼ -28.3% vs 2018
2020: €318k▲ +63.2% vs 2019highest in 8 years
2021: €85k▼ -73.4% vs 2020
2022: €217k▲ +156% vs 2021
2023: €81k▼ -62.4% vs 2022
2024: €80k▼ -1.7% vs 2023lowest in 8 years
2025: €161k▲ +101% vs 2024
2018 → 2025
Working capital
€682k▲ 71.0%
2024 · €399k
2018: €-158klowest in 8 years
2019: €79k▲ +150% vs 2018
2020: €454k▲ +472% vs 2019
2021: €166k▼ -63.4% vs 2020
2022: €466k▲ +181% vs 2021
2023: €330k▼ -29.2% vs 2022
2024: €399k▲ +21.0% vs 2023
2025: €682k▲ +71.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€4.24M-€4.60M▲ 8.5%€3.94M▼ 14.3%€4.86M▲ 23.4%€5.48M▲ 12.8%
2021: €4.24M
2022: €4.60M▲ +8.5% vs 2021
2023: €3.94M▼ -14.3% vs 2022lowest in 5 years
2024: €4.86M▲ +23.4% vs 2023
2025: €5.48M▲ +12.8% vs 2024highest in 5 years
Equity€231k-€448k▲ 93.8%€330k▼ 26.5%€410k▲ 24.3%€530k▲ 29.4%
2021: €231klowest in 5 years
2022: €448k▲ +93.8% vs 2021
2023: €330k▼ -26.5% vs 2022
2024: €410k▲ +24.3% vs 2023
2025: €530k▲ +29.4% vs 2024highest in 5 years
Operating result€132k-€323k▲ 145%€138k▼ 57.1%€151k▲ 9.1%€242k▲ 60.1%
2021: €132klowest in 5 years
2022: €323k▲ +145% vs 2021highest in 5 years
2023: €138k▼ -57.1% vs 2022
2024: €151k▲ +9.1% vs 2023
2025: €242k▲ +60.1% vs 2024
Net result€85k-€217k▲ 156%€81k▼ 62.4%€80k▼ 1.7%€161k▲ 101%
2021: €85k
2022: €217k▲ +156% vs 2021highest in 5 years
2023: €81k▼ -62.4% vs 2022
2024: €80k▼ -1.7% vs 2023lowest in 5 years
2025: €161k▲ +101% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 60% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets
€24k ▼ 29.3%
Current assets
€1.59M ▲ 26.7%
Equity and liabilities €1.62M
Equity
€530k ▲ 29.4%
Provisions
€4k ▲ 3,331%
Debt
€1.08M ▲ 22.9%
Debt's share of the balance-sheet total falls from 68.3% to 66.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€260k▲
2024 · €172k
Cash flow
€179k▲
2024 · €101k
Current ratio
1.75▲
2024 · 1.46
Debt to equity
2.04▼
2024 · 2.15
ROE
30.3%▲
2024 · 19.6%
ROA
9.9%▲
2024 · 6.2%
Interest coverage
6.10▲
2024 · 4.75
Debt ≤ 1 year
€912k▲
2024 · €859k
Income taxes
€52k▲
2024 · €37k
Staff costs
€1.29M▲
2024 · €1.26M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.29M€1.62M▲
Fixed assets21/28€34k€24k▼
Tangible fixed assets22/27€34k€24k▼
Plant, machinery and equipment23€32k€23k▼
Furniture and vehicles24€229€29▼
Other tangible fixed assets26€1k€646▼
Current assets29/58€1.26M€1.59M▲
Amounts receivable within one year40/41€1.21M€1.56M▲
Trade receivables40€901k€1.30M▲
Other amounts receivable41€313k€257k▼
Cash at bank and in hand54/58€24k€17k▼
Deferred charges and accrued income490/1€19k€17k▼
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.62M▲
Equity10/15€410k€530k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€347k€468k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€341k€462k▲
Profit (loss) carried forward14€933€155▼
Provisions and deferred taxes16€127€4k▲
Provisions for liabilities and charges160/5€127€4k▲
Pensions and similar obligations160€127€4k▲
Amounts payable17/49€881k€1.08M▲
Amounts payable within one year42/48€859k€912k▲
Trade debts44€687k€644k▼
Suppliers440/4€687k€644k▼
Taxes, remuneration and social security45€171k€228k▲
Taxes450/3€17k€73k▲
Remuneration and social security454/9€154k€155k▲
Other amounts payable47/48-€40k
Accrued charges and deferred income492/3€23k€171k▲
Income statement
Code20242025
Turnover70€4.86M€5.48M▲
Non-recurring operating income76A€0-
Goods, raw materials, services and sundry goods60/61€3.49M€3.99M▲
Remuneration, social security and pensions62€1.26M€1.29M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-209€4k▲
Other operating charges640/8€9k€6k▼
Gross operating margin9900€1.44M€1.56M▲
Operating profit (loss)9901€151k€242k▲
Financial income75/76B€2k€13k▲
Recurring financial income75€2k€13k▲
Financial charges65/66B€36k€43k▲
Recurring financial charges65€36k€43k▲
Profit (loss) for the period before taxes9903€117k€213k▲
Income taxes67/77€37k€52k▲
Profit (loss) for the period9904€80k€161k▲
Profit (loss) for the period to be appropriated9905€80k€161k▲
Appropriation of the result
Profit (loss) to be appropriated9906€81k€162k▲
Profit (loss) brought forward from the previous period14P€828€933▲
Transfer to equity691/2€80k€121k▲
To other reserves6921€80k€121k▲
Profit to be distributed694/7-€40k
Directors or managers695-€40k
Social balance
Average headcount (FTE)908713.912.9▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4.24M | €4.60M | €3.94M | €4.86M | €5.48M | ▲ 12.8% |
| Non-recurring operating income76A | - | - | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €2.85M | €3.02M | €2.48M | €3.49M | €3.99M | ▲ 14.5% |
| Remuneration, social security and pensions62 | €1.25M | €1.23M | €1.34M | €1.26M | €1.29M | ▲ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €65k | €60k | €18k | €21k | €18k | ▼ 10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-3k | - | €337 | €-209 | €4k | ▲ 2,125% |
| Other operating charges640/8 | €6k | €6k | €6k | €9k | €6k | ▼ 34.5% |
| Gross operating margin9900 | €1.45M | €1.62M | €1.50M | €1.44M | €1.56M | ▲ 8.6% |
| Operating profit (loss)9901 | €132k | €323k | €138k | €151k | €242k | ▲ 60.1% |
| Financial income75/76B | €584 | €475 | €3k | €2k | €13k | ▲ 552% |
| Recurring financial income75 | €584 | €475 | €3k | €2k | €13k | ▲ 552% |
| Financial charges65/66B | €19k | €21k | €19k | €36k | €43k | ▲ 18.0% |
| Recurring financial charges65 | €19k | €21k | €19k | €36k | €43k | ▲ 18.0% |
| Profit (loss) for the period before taxes9903 | €113k | €302k | €122k | €117k | €213k | ▲ 81.7% |
| Income taxes67/77 | €28k | €85k | €41k | €37k | €52k | ▲ 40.8% |
| Profit (loss) for the period9904 | €85k | €217k | €81k | €80k | €161k | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €85k | €217k | €81k | €80k | €161k | ▲ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.33M | €1.58M | €1.05M | €1.29M | €1.62M | ▲ 25.3% |
| Fixed assets21/28 | €72k | €32k | €32k | €34k | €24k | ▼ 29.3% |
| Intangible fixed assets21 | €42k | - | - | - | - | - |
| Tangible fixed assets22/27 | €30k | €32k | €32k | €34k | €24k | ▼ 29.3% |
| Plant, machinery and equipment23 | €29k | €29k | €30k | €32k | €23k | ▼ 28.1% |
| Furniture and vehicles24 | €829 | €629 | €429 | €229 | €29 | ▼ 87.4% |
| Other tangible fixed assets26 | - | €2k | €2k | €1k | €646 | ▼ 48.1% |
| Current assets29/58 | €1.26M | €1.55M | €1.02M | €1.26M | €1.59M | ▲ 26.7% |
| Stocks and contracts in progress3 | €3k | - | - | - | - | - |
| Contracts in progress37 | €3k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €1.22M | €1.51M | €978k | €1.21M | €1.56M | ▲ 28.4% |
| Trade receivables40 | €1.14M | €1.42M | €729k | €901k | €1.30M | ▲ 44.6% |
| Other amounts receivable41 | €79k | €85k | €249k | €313k | €257k | ▼ 18.1% |
| Cash at bank and in hand54/58 | €19k | €21k | €27k | €24k | €17k | ▼ 30.8% |
| Deferred charges and accrued income490/1 | €21k | €20k | €17k | €19k | €17k | ▼ 8.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.33M | €1.58M | €1.05M | €1.29M | €1.62M | ▲ 25.3% |
| Equity10/15 | €231k | €448k | €330k | €410k | €530k | ▲ 29.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €169k | €386k | €267k | €347k | €468k | ▲ 35.0% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €163k | €380k | €261k | €341k | €462k | ▲ 35.6% |
| Profit (loss) carried forward14 | €462 | €374 | €828 | €933 | €155 | ▼ 83.4% |
| Provisions and deferred taxes16 | - | - | €337 | €127 | €4k | ▲ 3,331% |
| Provisions for liabilities and charges160/5 | - | - | €337 | €127 | €4k | ▲ 3,331% |
| Pensions and similar obligations160 | - | - | €337 | €127 | €4k | ▲ 3,331% |
| Amounts payable17/49 | €1.10M | €1.13M | €724k | €881k | €1.08M | ▲ 22.9% |
| Amounts payable within one year42/48 | €1.10M | €1.08M | €693k | €859k | €912k | ▲ 6.2% |
| Trade debts44 | €743k | €817k | €485k | €687k | €644k | ▼ 6.3% |
| Suppliers440/4 | €743k | €817k | €485k | €687k | €644k | ▼ 6.3% |
| Advances received on contracts in progress46 | €0 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €354k | €266k | €207k | €171k | €228k | ▲ 33.0% |
| Taxes450/3 | €182k | €97k | €24k | €17k | €73k | ▲ 327% |
| Remuneration and social security454/9 | €172k | €168k | €183k | €154k | €155k | ▲ 0.6% |
| Other amounts payable47/48 | - | - | - | - | €40k | - |
| Accrued charges and deferred income492/3 | €6k | €49k | €32k | €23k | €171k | ▲ 648% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €85k | €217k | €81k | €80k | €161k | ▲ 101% |
| + Depreciation and write-downs630 | €65k | €60k | €18k | €21k | €18k | ▼ 10.9% |
| Operating cash flow (approximation) | €150k | €277k | €100k | €101k | €179k | ▲ 77.8% |
| Investment in fixed assets (approximation) | - | €-20k | €-19k | €-22k | €-8k | ▲ 62.2% |
| Change in cash | - | €2k | €6k | €-2k | €-8k | ▼ 222% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Equity above €500kEq €530k ▲29.4%
8 profitable years in a row build equity to €530k.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €80k ▼1.7%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €318k ▲63.2%
Operating result €483k, net result €318k, both a record.
31-12
Financial
Equity above €500kEq €547k ▲139%
3 profitable years in a row build equity to €547k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €200kEq €229k ▲579%
2 profitable years in a row build equity to €229k.
Show earlier events
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2003
Ground area
3,333 m²
Building footprint
933 m²
Volume, LiDAR
7,846 m³
Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Shiftz
since 20032.137.872.377
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
2 parent companiesControl over this companyparent company per the LEI register2
Kontich
Kontich · indirect · LEI lapsed
controls
ShiftzBE 0480.087.147
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,789 EUR awarded · 1,789 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,789 EUR | 1,789 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
69940099SNJXNP6DTI95
Similar companies · same sector, comparable size
Lukos 24
BE 0823.088.946
Kortrijk · Eq €530,348
RESEA
BE 0453.665.535
Hasselt · Eq €530,478
ROELANDT SIGN & PRINT
BE 0843.016.706
Kuurne · Eq €530,509
THOMAS TRAINING & COACHING
BE 0892.659.425
Bree · Eq €530,524
BUITENOOGST
BE 0460.678.536
Lier · Eq €530,116
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 34,176 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-04-2003
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.