Financials
- Fiscal year
- 2025
- Turnover
- €1.3m
- Loss
- -€6,363
- Solvency
- 63.9%
Turnover▲ 1.7%
Net result
20202025
The Shift
ActiveSummary
The Shift has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724,074 and a net result of -€6,363. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 1147 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Overview
Activity
Other business support services
NACE 82990Other membership organisations NACE 94999
1 site
Size
€1.3mturnover 2025
- Staff
- 8.8 FTE
- Equity
- €724,074
- Loss
- -€6,363
Structure
- Board
- 9 members
Accounts 31 d early
Why 94- 1 change of registered office in 24 months- Loss of €6,363, the second in a row (FY 2025)+ Legal form Non-profit association+ Liquidity: current ratio 8.27, cash €559,535Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 54% of its sector peers (NACE 82, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
89-6
equity 63.9% of total assets
Liquidity
99-1
short-term debt 11.7% · cash 49.4%
Profitability
19+5
return on assets -0.6%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%lowest value
12-2024: < 0.1%● 0.0% vs 11-2024lowest value
01-2025: < 0.1%● 0.0% vs 12-2024lowest value
02-2025: < 0.1%● 0.0% vs 01-2025lowest value
03-2025: < 0.1%● 0.0% vs 02-2025lowest value
04-2025: < 0.1%● 0.0% vs 03-2025lowest value
05-2025: < 0.1%● 0.0% vs 04-2025lowest value
06-2025: < 0.1%● 0.0% vs 05-2025lowest value
07-2025: < 0.1%▲ +10.0% vs 06-2025
08-2025: < 0.1%▲ +54.5% vs 07-2025
09-2025: < 0.1%● 0.0% vs 08-2025
10-2025: < 0.1%● 0.0% vs 09-2025
11-2025: < 0.1%● 0.0% vs 10-2025
12-2025: < 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%● 0.0% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%● 0.0% vs 02-2026
04-2026: < 0.1%● 0.0% vs 03-2026
05-2026: < 0.1%● 0.0% vs 04-2026
06-2026: < 0.1%● 0.0% vs 05-2026
07-2026: < 0.1%▼ -5.9% vs 06-2026
08-2026: < 0.1%▲ +68.8% vs 07-2026highest value
09-2026: < 0.1%● 0.0% vs 08-2026highest value
10-2026: < 0.1%● 0.0% vs 09-2026highest value
- Legal form Non-profit association lowers the probability
- Liquidity: current ratio 8.27, cash €559,535 lowers the probability
- 1 change of registered office in 24 months raises the probability
- Loss of €6,363, the second in a row (FY 2025) raises the probability
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 8.27 against 9.41 in 2024; short-term debt: 11.7% and cash: 49.4% of total assets), and 36.1% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, micro). Better than this share of them on solvency 64%, liquidity 94%, profitability 16%, growth against the median 45%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
35 d early
2022
34 d early
2021
51 d early
2020
33 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
06-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: Corinne Boulangier (director)Statutes amendment · Registered-office move
- Annual accounts filedfiscal year 2025 · full…
- Resignation: Gregor Chapelle (director)Appointments: David Suetens, Gilda Neiman…
Key points
By topic
Board & ownership
- Board
- 9 members
Go to Board & ownership
Network & group
- Connected companies
- 115
Timeline
- Events
- 28
- Since
- 2015
- Next accounts
- by 31-07-2027
- 08-07-2026Resignation: Corinne Boulangier (director)
- 30-06-2026Annual accounts filed
- 03-04-2026Resignation: Gregor Chapelle (director)
Company details
- Sites
- 1
- Legal form
- Non-profit association
- Activity
- Other business support servicesNACE 82990
- Founded
- 27-04-2015
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 4
- Who signs
- The chair alone, or two directors jointly
- Purpose
- Promouvoir la collaboration entre des mondes différents: individus, entreprises, autorités…
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