Oh Shift
ActiveSummary
Oh Shift has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,381 and a net result of €52,319. Equity has been growing by about 44% per year since 2022. Its solvency ranks better than 93% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-07-2022 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Establishment unit
- 2.332.823.076 9030 Gent, since 01-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 25-12-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €69,465
- ▲ 15.2%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €52,319
- ▲ 12.0%
- Equity
- €62,381
- ▼ 30.7%
- Total assets
- €66,719
- ▼ 30.2%
Score breakdownlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 12.87, cash €38,534Equity €62,381 (93.5% of total assets)Figures for financial year 2025 (filed on 19-03-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 85% of them on solvency, 96% on liquidity, 82% on profitability and 20% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 61 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 19-03-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is 14% higher than in 2024 and the highest since 2022. It is the third rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €3,332 | €4,655 | - | €10,067 |
| Financial fixed assets | - | - | - | €250 |
| Depreciation and write-downs of the year | €560 | €1,904 | €2,042 | €2,901 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €560 | €1,904 | €2,042 | €2,901 | ▲ 42.1% |
| Other operating charges640/8 | - | - | €141 | €544 | ▲ 287% |
| Gross operating margin9900 | €11,993 | €40,258 | €60,276 | €69,465 | ▲ 15.2% |
| Operating profit (loss)9901 | €11,433 | €38,354 | €58,094 | €66,021 | ▲ 13.6% |
| Financial income75/76B | €1 | €1 | €1,505 | €828 | ▼ 45.0% |
| Recurring financial income75 | €1 | €1 | €1,505 | €828 | ▼ 45.0% |
| Financial charges65/66B | €19 | €65 | €213 | €155 | ▼ 27.4% |
| Recurring financial charges65 | €19 | €65 | €213 | €155 | ▼ 27.4% |
| Profit (loss) for the period before taxes9903 | €11,414 | €38,291 | €59,386 | €66,694 | ▲ 12.3% |
| Income taxes67/77 | €2,939 | €8,405 | €12,685 | €14,376 | ▲ 13.3% |
| Profit (loss) for the period9904 | €8,475 | €29,886 | €46,701 | €52,319 | ▲ 12.0% |
| Profit (loss) for the period to be appropriated9905 | €8,475 | €29,886 | €46,701 | €52,319 | ▲ 12.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €31,338 | €70,535 | €95,531 | €66,719 | ▼ 30.2% |
| Fixed assets21/28 | €2,772 | €5,523 | €3,481 | €10,898 | ▲ 213% |
| Tangible fixed assets22/27 | €2,772 | €5,523 | €3,481 | €10,648 | ▲ 206% |
| Furniture and vehicles24 | €2,772 | €5,523 | €3,481 | €3,761 | ▲ 8.0% |
| Other tangible fixed assets26 | - | - | - | €6,888 | - |
| Financial fixed assets28 | - | - | - | €250 | - |
| Current assets29/58 | €28,566 | €65,012 | €92,050 | €55,821 | ▼ 39.4% |
| Amounts receivable after more than one year29 | - | - | €32,918 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | €32,918 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €11,113 | €11,726 | €12,901 | €16,925 | ▲ 31.2% |
| Trade receivables40 | €11,113 | €11,726 | €12,652 | €15,550 | ▲ 22.9% |
| Other amounts receivable41 | - | - | €250 | €1,375 | ▲ 451% |
| Current investments50/53 | €3,652 | €3,652 | €0 | - | - |
| Cash at bank and in hand54/58 | €11,134 | €48,744 | €45,675 | €38,534 | ▼ 15.6% |
| Deferred charges and accrued income490/1 | €2,668 | €889 | €556 | €362 | ▼ 34.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €31,338 | €70,535 | €95,531 | €66,719 | ▼ 30.2% |
| Equity10/15 | €13,475 | €43,361 | €90,062 | €62,381 | ▼ 30.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €8,475 | €38,361 | €85,062 | €57,381 | ▼ 32.5% |
| Distributable reserves133 | €8,475 | €38,361 | €85,062 | €57,381 | ▼ 32.5% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €17,863 | €27,174 | €5,469 | €4,338 | ▼ 20.7% |
| Amounts payable within one year42/48 | €10,465 | €16,174 | €5,469 | €4,338 | ▼ 20.7% |
| Financial debts43 | - | €14 | €0 | - | - |
| Credit institutions430/8 | - | €14 | €0 | - | - |
| Trade debts44 | €1,834 | €1,490 | €231 | €361 | ▲ 56.3% |
| Suppliers440/4 | €1,834 | €1,490 | €231 | €361 | ▲ 56.3% |
| Taxes, remuneration and social security45 | €8,629 | €14,613 | €5,238 | €3,246 | ▼ 38.0% |
| Taxes450/3 | €8,629 | €14,613 | €3,398 | €3,246 | ▼ 4.5% |
| Remuneration and social security454/9 | - | - | €1,841 | €0 | ▼ 100% |
| Other amounts payable47/48 | €2 | €57 | €0 | €732 | - |
| Accrued charges and deferred income492/3 | €7,397 | €11,000 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,475 | €29,886 | €46,701 | €52,319 | ▲ 12.0% |
| + Depreciation and write-downs630 | €560 | €1,904 | €2,042 | €2,901 | ▲ 42.1% |
| Operating cash flow (approximation) | €9,035 | €31,790 | €48,743 | €55,219 | ▲ 13.3% |
| Investment in fixed assets (approximation) | - | -€4,655 | €0 | -€10,317 | - |
| Change in cash | - | €37,611 | -€3,069 | -€7,141 | ▼ 133% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Oh Shift has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Oh Shift itself is lower: < 0.1% within 12 months. It rests on far more data about Oh Shift than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Oh Shift. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- vAN DAAL Jonas 75 shares (75%) · €3,750
- EL GBOURI Umm Khültum 25 shares (25%) · €1,250
Capital transactions
- 05-07-2022 Incorporation · €5,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”“Handelingen die wet of statuten aan algemene vergadering voorbehouden, deel mag delegeren”
Articles of association, deed of 05-07-2022 (in Dutch)
Network & group
Oh Shift shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Oh Shift. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
10-07
Gazette deed
Registered office moved from Gent to MariakerkeNew seat: Hogekouterstraat 61, 9030 Mariakerke · Previous seat: Nieuwkolegemlaan 29, 9030 Gent · Director in office3 points ▸
- General meeting, 17-05-2024
- Registered-office move, Hogekouterstraat 61,9030 Mariakerke
- Director in office, Nastassja Peeters (director)
05-07
Gazette deed
IncorporationStarting capital €5,000 · Appointment: vAN DAAL Jonas (director) · Founder10 points ▸
- Incorporation, 30-06-2022
- Founder, vAN DAAL Jonas
- Founder, EL GBOURI Umm Khültum
- Founding capital, €5,000
- Bank account, 5000, “vennootschap in oprichting” (deed in Dutch)
- vAN DAAL Jonas holds 75 shares
- EL GBOURI Umm Khültum holds 25 shares
- Registered office clause, “9030 Gent(Mariakerke),Nieuwkolegemlaan 29” (deed in Dutch)
- Director appointment, vAN DAAL Jonas (director)
- Pre-incorporation commitments, “takeover, verbintenissen in naam of voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Oh Shift was incorporated on 1 July 2022 as a private limited company by two natural persons, with a starting capital of €5,000.12 The registered office was moved to Mariakerke in 2024.3 VAN DAAL Jonas is director of the company, appointed in the act of 05-07-2022.2 Total assets rose from €31,338 in 2022 to €66,719 in 2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Nieuwkolegemlaan 29, 9030 Gent until 18-05-2024 · act of 10-07-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44038A0528/00P002 | Flanders | 176 m² | 1 · 91 m² | 8.9 m · 2 |