2SHIFT
ActiveSummary
2SHIFT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €43k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+3
Solvency88▲+11
Growth71=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 11.77 against 4.61 in 2024; short-term debt: 4.8% and cash: 43.8% of total assets), and 37.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 · 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
62.8%
Return on assets
14.1%
Age of the figures
9 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
65 d early
2023
68 d early
2022
62 d early
2021
63 d early
2020
4 d early
2019
53 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, micro schema
Turnover
€135k▲ 3.6%
2019 · €131k
2018: €118klowest in 3 years
2019: €131k▲ +11.0% vs 2018
2020: €135k▲ +3.6% vs 2019highest in 3 years
2018 → 2020
EBIT margin
29.1%▲ 4.4pp
2019 · 24.7%
2018: 12.8%lowest in 3 years
2019: 24.7%▲ +93.7% vs 2018
2020: 29.1%▲ +18.0% vs 2019highest in 3 years
2018 → 2020
Net result
€43k▲ 28.7%
2024 · €33k
2018: €10klowest in 8 years
2019: €24k▲ +135% vs 2018
2020: €31k▲ +27.3% vs 2019
2021: €25k▼ -16.8% vs 2020
2022: €28k▲ +10.7% vs 2021
2023: €18k▼ -37.1% vs 2022
2024: €33k▲ +89.0% vs 2023
2025: €43k▲ +28.7% vs 2024highest in 8 years
2018 → 2025
Working capital
€157k▲ 40.3%
2024 · €112k
2018: €48klowest in 8 years
2019: €78k▲ +60.6% vs 2018
2020: €102k▲ +31.4% vs 2019
2021: €105k▲ +2.8% vs 2020
2022: €135k▲ +28.4% vs 2021
2023: €95k▼ -29.2% vs 2022
2024: €112k▲ +17.2% vs 2023
2025: €157k▲ +40.3% 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
Equity€109k-€138k▲ 25.7%€135k▼ 1.7%€149k▲ 9.9%€192k▲ 28.9%
2021: €109klowest in 5 years
2022: €138k▲ +25.7% vs 2021
2023: €135k▼ -1.7% vs 2022
2024: €149k▲ +9.9% vs 2023
2025: €192k▲ +28.9% vs 2024highest in 5 years
Operating result€33k-€37k▲ 10.6%€27k▼ 26.5%€47k▲ 76.2%€60k▲ 26.0%
2021: €33k
2022: €37k▲ +10.6% vs 2021
2023: €27k▼ -26.5% vs 2022lowest in 5 years
2024: €47k▲ +76.2% vs 2023
2025: €60k▲ +26.0% vs 2024highest in 5 years
Net result€25k-€28k▲ 10.7%€18k▼ 37.1%€33k▲ 89.0%€43k▲ 28.7%
2021: €25k
2022: €28k▲ +10.7% vs 2021
2023: €18k▼ -37.1% vs 2022lowest in 5 years
2024: €33k▲ +89.0% vs 2023
2025: €43k▲ +28.7% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €305k
Fixed assets
€134k ▼ 6.1%
Current assets
€171k ▲ 20.0%
Equity and liabilities €305k
Equity
€192k ▲ 28.9%
Debt
€114k ▼ 16.9%
Debt's share of the balance-sheet total falls from 47.9% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70k▲
2024 · €58k
Cash flow
€53k▲
2024 · €44k
Current ratio
11.77▲
2024 · 4.61
Debt to equity
0.59▼
2024 · 0.92
ROE
22.4%▼
2024 · 22.5%
ROA
14.1%▲
2024 · 11.7%
Interest coverage
14.68▲
2024 · 11.74
Debt ≤ 1 year
€15k▼
2024 · €31k
Debt > 1 year
€99k▼
2024 · €106k
Income taxes
€12k▲
2024 · €10k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€286k€305k▲
Fixed assets21/28€143k€134k▼
Tangible fixed assets22/27€143k€134k▼
Land and buildings22€126k€119k▼
Plant, machinery and equipment23€15k€13k▼
Furniture and vehicles24€1k€1k▲
Current assets29/58€143k€171k▲
Amounts receivable after more than one year29€49k-
Other amounts receivable291€49k-
Amounts receivable within one year40/41€15k€37k▲
Trade receivables40€11k€35k▲
Other amounts receivable41€4k€1k▼
Cash at bank and in hand54/58€78k€134k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€286k€305k▲
Equity10/15€149k€192k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€128k€171k▲
Amounts payable17/49€137k€114k▼
Amounts payable after more than one year17€106k€99k▼
Financial debts170/4€106k€99k▼
Amounts payable within one year42/48€31k€15k▼
Current portion of amounts payable after more than one year42€6k€7k▲
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€3k€7k▲
Other amounts payable47/48€20k€91▼
Accrued charges and deferred income492/3€0€26▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€433€400▼
Gross operating margin9900€58k€70k▲
Operating profit (loss)9901€47k€60k▲
Financial income75/76B€683€532▼
Recurring financial income75€683€532▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€43k€55k▲
Income taxes67/77€10k€12k▲
Profit (loss) for the period9904€33k€43k▲
Profit (loss) for the period to be appropriated9905€33k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€148k€171k▲
Profit (loss) brought forward from the previous period14P€115k€128k▲
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €7k | €10k | €10k | ▼ 3.2% |
| Other operating charges640/8 | €348 | €348 | €429 | €433 | €400 | ▼ 7.8% |
| Gross operating margin9900 | €35k | €39k | €35k | €58k | €70k | ▲ 20.6% |
| Operating profit (loss)9901 | €33k | €37k | €27k | €47k | €60k | ▲ 26.0% |
| Financial income75/76B | €0 | - | €483 | €683 | €532 | ▼ 22.2% |
| Recurring financial income75 | €0 | - | €483 | €683 | €532 | ▼ 22.2% |
| Financial charges65/66B | €178 | €222 | €4k | €5k | €5k | ▼ 3.4% |
| Recurring financial charges65 | €178 | €222 | €4k | €5k | €5k | ▼ 3.4% |
| Profit (loss) for the period before taxes9903 | €33k | €36k | €23k | €43k | €55k | ▲ 28.5% |
| Income taxes67/77 | €7k | €8k | €5k | €10k | €12k | ▲ 28.1% |
| Profit (loss) for the period9904 | €25k | €28k | €18k | €33k | €43k | ▲ 28.7% |
| Profit (loss) for the period to be appropriated9905 | €25k | €28k | €18k | €33k | €43k | ▲ 28.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138k | €144k | €280k | €286k | €305k | ▲ 7.0% |
| Fixed assets21/28 | €5k | €4k | €152k | €143k | €134k | ▼ 6.1% |
| Tangible fixed assets22/27 | €4k | €4k | €152k | €143k | €134k | ▼ 6.1% |
| Land and buildings22 | - | - | €133k | €126k | €119k | ▼ 5.5% |
| Plant, machinery and equipment23 | - | - | €17k | €15k | €13k | ▼ 13.7% |
| Furniture and vehicles24 | €4k | €4k | €2k | €1k | €1k | ▲ 20.6% |
| Financial fixed assets28 | €25 | €25 | - | - | - | - |
| Current assets29/58 | €133k | €140k | €128k | €143k | €171k | ▲ 20.0% |
| Amounts receivable after more than one year29 | - | - | €53k | €49k | - | - |
| Other amounts receivable291 | - | - | €53k | €49k | - | - |
| Amounts receivable within one year40/41 | €12k | €13k | €29k | €15k | €37k | ▲ 148% |
| Trade receivables40 | €10k | €11k | €25k | €11k | €35k | ▲ 228% |
| Other amounts receivable41 | €2k | €2k | €4k | €4k | €1k | ▼ 69.5% |
| Cash at bank and in hand54/58 | €121k | €127k | €45k | €78k | €134k | ▲ 70.9% |
| Deferred charges and accrued income490/1 | €708 | €837 | €1k | €1k | €1k | ▼ 6.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138k | €144k | €280k | €286k | €305k | ▲ 7.0% |
| Equity10/15 | €109k | €138k | €135k | €149k | €192k | ▲ 28.9% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €89k | €117k | €115k | €128k | €171k | ▲ 33.5% |
| Amounts payable17/49 | €28k | €7k | €145k | €137k | €114k | ▼ 16.9% |
| Amounts payable after more than one year17 | - | - | €112k | €106k | €99k | ▼ 6.4% |
| Financial debts170/4 | - | - | €112k | €106k | €99k | ▼ 6.4% |
| Amounts payable within one year42/48 | €28k | €5k | €32k | €31k | €15k | ▼ 53.0% |
| Current portion of amounts payable after more than one year42 | - | - | €6k | €6k | €7k | ▲ 4.1% |
| Trade debts44 | €6k | €3k | €2k | €1k | €1k | ▼ 2.0% |
| Suppliers440/4 | €6k | €3k | €2k | €1k | €1k | ▼ 2.0% |
| Taxes, remuneration and social security45 | €3k | €2k | €4k | €3k | €7k | ▲ 99.5% |
| Taxes450/3 | €3k | €2k | €4k | €3k | €7k | ▲ 99.5% |
| Other amounts payable47/48 | €20k | €91 | €20k | €20k | €91 | ▼ 99.5% |
| Accrued charges and deferred income492/3 | €12 | €2k | €20 | €0 | €26 | ▲ 17,000% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €28k | €18k | €33k | €43k | ▲ 28.7% |
| + Depreciation and write-downs630 | €2k | €2k | €7k | €10k | €10k | ▼ 3.2% |
| Operating cash flow (approximation) | €27k | €30k | €25k | €44k | €53k | ▲ 21.2% |
| Investment in fixed assets (approximation) | - | €-2k | €-155k | €-700 | €-1k | ▼ 63.7% |
| Change in cash | - | €6k | €-81k | €33k | €55k | ▲ 69.2% |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €43k ▲28.7%
Operating result €60k, net result €43k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 11.77
Current ratio from 4.61 to 11.77; short-term debt falls from €31k to €15k.
31-12
Financial
Equity above €150kEq €192k ▲28.9%
8 profitable years in a row build equity to €192k.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 6current ratio 26.83
Current ratio from 4.70 to 26.83; short-term debt falls from €28k to €5k.
29-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €104k ▲30.1%
3 profitable years in a row build equity to €104k.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Dilbeek · 1 establishment unit since 2015
Ground area
390 m²
Building footprint
92 m²
Parcel 23352F0282/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
2SHIFT
since 20152.243.180.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23352F0282/00G000 | Flanders | 390 m² | 1 · 92 m² | - |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 40,191 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63920Other information service activities
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.