2SHIFT
Annual accounts 2025
micro format, filed on 08-06-2026, 53 days before the deadline€69,966
▲ 20.6%
€59,683
▲ 26.0%
€69,567
▲ 20.8%
€52,926
▲ 21.2%
62.8%
▲ 10.7 percentage points
11.77
▲ 7.16
Money flows
no detail for 2025Balance sheet
balance sheet total €305,408 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
62.8%
Higher than 57% of 39,368 companies in 2025.
11.77
Higher than 91% of 38,051 companies in 2025.
14.1%
Higher than 49% of 38,523 companies in 2025.
2SHIFT
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
305,408 | 285,516 | 279,819 | 144,338 | 137,855 | 118,201 | 98,113 | 71,495 | 64,449 | 75,359 | |
21/28 |
133,927 | 142,665 | 152,172 | 4,351 | 4,518 | 3,413 | 3,887 | 12,313 | 20,739 | 31,124 | |
22/27 |
133,927 | 142,665 | 152,172 | 4,326 | 4,493 | 3,388 | 3,862 | 12,288 | 20,714 | 31,099 | |
22 |
119,388 | 126,288 | 133,189 | - | - | - | - | - | - | - | |
23 |
13,102 | 15,185 | 16,560 | - | - | - | - | - | - | - | |
24 |
1,438 | 1,192 | 2,423 | 4,326 | 4,493 | 3,388 | - | - | - | 1,959 | |
28 |
- | - | - | 25 | 25 | 25 | 25 | 25 | 25 | 25 | |
29/58 |
171,481 | 142,851 | 127,647 | 139,987 | 133,337 | 114,788 | 94,226 | 59,182 | 43,711 | 44,235 | |
29 |
- | 48,543 | 52,505 | - | - | - | - | - | - | - | |
291 |
- | 48,543 | 52,505 | - | - | - | - | - | - | - | |
40/41 |
36,536 | 14,746 | 28,534 | 12,592 | 11,885 | 13,410 | 33,172 | 30,533 | 20,205 | 23,643 | |
40 |
35,330 | 10,784 | 24,596 | 10,814 | 10,382 | 13,410 | 27,951 | 11,229 | 8,547 | 23,202 | |
41 |
1,207 | 3,962 | 3,938 | 1,778 | 1,503 | - | 5,221 | 19,304 | 11,658 | 441 | |
54/58 |
133,719 | 78,252 | 45,478 | 126,558 | 120,744 | 100,548 | 60,790 | 28,650 | 23,505 | 20,441 | |
490/1 |
1,226 | 1,311 | 1,130 | 837 | 708 | 831 | 264 | - | - | 151 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
305,408 | 285,516 | 279,819 | 144,338 | 137,855 | 118,201 | 98,113 | 71,495 | 64,449 | 75,359 | |
10/15 |
191,809 | 148,767 | 135,314 | 137,610 | 109,444 | 104,007 | 79,930 | 58,508 | 45,288 | 41,112 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 11,200 | 8,200 | 8,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | 7,400 | 10,400 | 10,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,550 | 1,000 | 500 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,550 | 1,000 | 500 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
14 |
171,349 | 128,307 | 114,854 | 117,150 | 88,984 | 83,547 | 59,470 | 45,758 | 36,088 | 32,412 | |
17/49 |
113,599 | 136,749 | 144,504 | 6,728 | 28,411 | 14,194 | 18,182 | 12,987 | 19,162 | 34,247 | |
17 |
99,005 | 105,760 | 112,249 | - | - | - | - | 2,170 | 8,591 | 14,881 | |
170/4 |
99,005 | 105,760 | 112,249 | - | - | - | - | 2,170 | 8,591 | 14,881 | |
42/48 |
14,568 | 30,988 | 32,235 | 5,217 | 28,399 | 12,694 | 16,543 | 10,818 | 10,571 | 19,366 | |
42 |
6,756 | 6,489 | 6,233 | - | - | - | 2,169 | 6,421 | 6,290 | 6,163 | |
44 |
1,036 | 1,057 | 2,294 | 2,856 | 5,795 | 2,342 | 2,847 | 1,085 | 2,815 | 2,325 | |
440/4 |
1,036 | 1,057 | 2,294 | 2,856 | 5,795 | 2,342 | 2,847 | 1,085 | 2,815 | 2,325 | |
45 |
6,685 | 3,351 | 3,617 | 2,269 | 2,513 | 3,760 | 1,436 | 3,220 | 1,466 | 4,878 | |
450/3 |
6,685 | 3,351 | 3,617 | 2,269 | 2,513 | 3,760 | 1,436 | 3,220 | 1,466 | 4,222 | |
454/9 |
- | - | - | - | - | - | - | - | - | 656 | |
47/48 |
91 | 20,091 | 20,091 | 91 | 20,091 | 6,591 | 10,091 | 91 | - | 6,000 | |
492/3 |
26 | 0 | 20 | 1,512 | 12 | 1,500 | 1,639 | - | - | - | |
| Income statement | |||||||||||
70 |
- | - | - | - | - | 135,180 | 130,534 | 117,592 | 114,368 | 160,938 | |
76A |
- | - | - | - | - | - | - | 2,088 | - | - | |
9900 |
69,966 | 58,020 | 34,627 | 38,940 | 35,486 | 45,035 | 41,017 | 25,832 | 28,133 | 68,927 | |
60/61 |
- | - | - | - | - | 90,145 | 89,517 | 93,849 | 86,235 | 92,012 | |
62 |
- | - | - | - | - | - | - | -24 | 9,685 | 4,352 | |
630 |
9,884 | 10,207 | 7,302 | 1,980 | 2,026 | 5,292 | 8,426 | 8,426 | 10,385 | 15,061 | |
640/8 |
400 | 433 | 429 | 348 | 348 | 348 | 348 | 348 | - | - | |
66A |
- | - | - | - | - | - | - | 2,088 | - | - | |
9901 |
59,683 | 47,381 | 26,895 | 36,612 | 33,112 | 39,395 | 32,244 | 14,994 | 8,063 | 49,513 | |
75/76B |
532 | 683 | 483 | - | 0 | - | 0 | - | - | - | |
75 |
532 | 683 | 483 | - | 0 | - | 0 | - | - | - | |
65/66B |
4,738 | 4,904 | 4,353 | 222 | 178 | 51 | 442 | 420 | 545 | 373 | |
65 |
4,738 | 4,904 | 4,353 | 222 | 178 | 51 | 442 | 420 | 545 | 373 | |
9903 |
55,477 | 43,159 | 23,026 | 36,391 | 32,935 | 39,344 | 31,802 | 14,574 | 7,518 | 49,140 | |
67/77 |
12,435 | 9,706 | 5,321 | 8,225 | 7,497 | 8,767 | 7,779 | 4,354 | 3,342 | 16,228 | |
9904 |
43,042 | 33,453 | 17,704 | 28,166 | 25,437 | 30,577 | 24,023 | 10,220 | 4,176 | 32,912 | |
9905 |
43,042 | 33,453 | 17,704 | 28,166 | 25,437 | 30,577 | 24,023 | 10,220 | 4,176 | 32,912 | |
| Appropriation of the result | |||||||||||
9906 |
171,349 | 148,307 | 134,854 | 117,150 | 108,984 | 90,047 | 69,780 | 46,308 | 36,588 | 32,912 | |
14P |
128,307 | 114,854 | 117,150 | 88,984 | 83,547 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 310 | 550 | 500 | 500 | |
6920 |
- | - | - | - | - | - | 310 | 550 | 500 | 500 | |
694/7 |
- | 20,000 | 20,000 | - | 20,000 | 6,500 | 10,000 | - | - | - | |
694 |
- | 20,000 | 20,000 | - | 20,000 | 6,500 | 10,000 | - | - | - | |
| Social balance sheet | |||||||||||
9087 |
- | - | - | - | - | - | - | - | 0.3 | 0.2 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | 638 | 318 | |
| Document | |||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 08-06-2026 | 2026-00144109 | |
| 31-12-2024 | micro format | 27-05-2025 | 2025-00110250 | |
| 31-12-2023 | micro format | 24-05-2024 | 2024-00101389 | |
| 31-12-2022 | micro format | 30-05-2023 | 2023-00100632 | |
| 31-12-2021 | abbreviated format | 29-05-2022 | 2022-20045511 | |
| 31-12-2020 | abbreviated format | 27-07-2021 | 2021-41900248 | |
| 31-12-2019 | abbreviated format | 08-06-2020 | 2020-15600574 | |
| 31-12-2018 | abbreviated format | 17-06-2019 | 2019-19500141 | |
| 31-12-2017 | abbreviated format | 04-06-2018 | 2018-15700134 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-25000116 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 69,567 | 57,587 | 34,197 | 38,592 | 35,139 | 44,687 | 40,670 | 23,420 | 18,448 | 64,574 | ||
| 52,926 | 43,659 | 25,006 | 30,146 | 27,463 | 35,869 | 32,449 | 18,646 | 14,561 | 47,973 | ||
| 1,146 | 700 | 155,147 | 1,813 | 3,132 | 4,818 | 0 | 0 | 0 | 46,185 | ||
| 55,467 | 32,774 | -81,080 | 5,814 | 20,196 | 39,758 | 32,140 | 5,144 | 3,065 | - | ||
| 156,912 | 111,863 | 95,412 | 134,771 | 104,938 | 102,095 | 77,683 | 48,365 | 33,139 | 24,869 | ||
| - | - | - | - | - | 29.1% | 24.7% | 12.8% | 7.0% | 30.8% | ||
| 62.8% | 52.1% | 48.4% | 95.3% | 79.4% | 88.0% | 81.5% | 81.8% | 70.3% | 54.6% | ||
| 11.77 | 4.61 | 3.96 | 26.83 | 4.70 | 9.04 | 5.70 | 5.47 | 4.13 | 2.28 | ||
| 0.59 | 0.92 | 1.07 | 0.05 | 0.26 | 0.14 | 0.23 | 0.22 | 0.42 | 0.83 | ||
| 22.4% | 22.5% | 13.1% | 20.5% | 23.2% | 29.4% | 30.1% | 17.5% | 9.2% | 80.1% | ||
| 14.1% | 11.7% | 6.3% | 19.5% | 18.5% | 25.9% | 24.5% | 14.3% | 6.5% | 43.7% | ||
| 14.68 | 11.74 | 7.86 | over 100 | over 100 | - | - | - | - | - | ||
| - | - | - | - | - | 36 days | 78 days | 35 days | 27 days | 53 days | ||
| - | - | - | - | - | 9 days | 12 days | 4 days | 12 days | 9 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,146 | €700 | €155,147 | €1,813 | €3,132 |
| €9,884 | €10,207 | €7,302 | €1,980 | €2,026 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on 2SHIFT
The operating result for 2025 is 26% higher than in 2024 and the highest since 2016. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 47.9% to 37.2%. Equity is higher and debt is lower.