RE-SHAPE
ActiveSummary
The computed 12-month bankruptcy probability of RE-SHAPE is 1.6% (moderate). The annual accounts of RE-SHAPE for financial year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €1,316 and a net result of -€3,958. Equity has been shrinking by about 54% per year since 2022. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-10-2021 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.323.049.931 8530 Harelbeke, since 14-10-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- DEHIC50%· score 9230-09-2023 annual accounts of DEHIC
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €2,285
- ▼ 54.4%
- Turnover
- ≈ €17,000
- estimated
- Loss
- €3,958
- ▲ 445%
- Equity
- €1,316
- ▼ 75.0%
- Total assets
- €102,420
- ▼ 8.4%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearFounded in 2021Liquidity: current ratio 1.01, cash €981, halvedlowers riskSize: total assets €102,420Figures for financial year 2025 (filed on 10-07-2026)Show the evidence
Checked score
About 2 in 100 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 (no NACE code, micro). It does better than 17% of them on solvency, 5% on liquidity, 20% on profitability and 6% 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 19 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 10-07-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is 66% lower than in 2024 and the lowest since 2022. It is the second fall 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | €2,034 | €1,651 | €992 | €928 | ▼ 6.4% |
| Gross operating margin9900 | €16,866 | €32,931 | €5,015 | €2,285 | ▼ 54.4% |
| Operating profit (loss)9901 | €14,832 | €31,280 | €4,024 | €1,357 | ▼ 66.3% |
| Financial income75/76B | €651 | €57 | - | €96 | - |
| Recurring financial income75 | €651 | €57 | - | €96 | - |
| Financial charges65/66B | €4,122 | €4,030 | €4,074 | €4,045 | ▼ 0.7% |
| Recurring financial charges65 | €4,122 | €4,030 | €4,074 | €4,045 | ▼ 0.7% |
| Profit (loss) for the period before taxes9903 | €11,361 | €27,307 | -€50 | -€2,593 | ▼ 5,106% |
| Income taxes67/77 | €2,326 | €5,461 | €676 | €1,365 | ▲ 102% |
| Profit (loss) for the period9904 | €9,035 | €21,846 | -€726 | -€3,958 | ▼ 445% |
| Profit (loss) for the period to be appropriated9905 | €9,035 | €21,846 | -€726 | -€3,958 | ▼ 445% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €137,363 | €165,169 | €111,843 | €102,420 | ▼ 8.4% |
| Current assets29/58 | €137,363 | €165,169 | €111,843 | €102,420 | ▼ 8.4% |
| Stocks and contracts in progress3 | €129,407 | - | €85,000 | €101,438 | ▲ 19.3% |
| Stocks30/36 | €129,407 | - | €85,000 | €101,438 | ▲ 19.3% |
| Amounts receivable within one year40/41 | - | €19,500 | - | - | - |
| Other amounts receivable41 | - | €19,500 | - | - | - |
| Cash at bank and in hand54/58 | €7,956 | €145,669 | €26,843 | €981 | ▼ 96.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €137,363 | €165,169 | €111,843 | €102,420 | ▼ 8.4% |
| Equity10/15 | €15,035 | €6,000 | €5,274 | €1,316 | ▼ 75.0% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €9,035 | - | - | - | - |
| Distributable reserves133 | €9,035 | - | - | - | - |
| Profit (loss) carried forward14 | - | - | -€726 | -€4,684 | ▼ 545% |
| Amounts payable17/49 | €122,328 | €159,169 | €106,569 | €101,104 | ▼ 5.1% |
| Amounts payable within one year42/48 | €122,328 | €159,169 | €106,569 | €101,104 | ▼ 5.1% |
| Trade debts44 | €1 | - | €132 | €128 | ▼ 2.7% |
| Suppliers440/4 | €1 | - | €132 | €128 | ▼ 2.7% |
| Taxes, remuneration and social security45 | €2,327 | €7,788 | €5,556 | €95 | ▼ 98.3% |
| Taxes450/3 | €2,327 | €7,788 | €5,556 | €95 | ▼ 98.3% |
| Other amounts payable47/48 | €120,000 | €151,381 | €100,881 | €100,881 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,035 | €21,846 | -€726 | -€3,958 | ▼ 445% |
| Operating cash flow (approximation) | €9,035 | €21,846 | -€726 | -€3,958 | ▼ 445% |
| Change in cash | - | €137,713 | -€118,826 | -€25,862 | ▲ 78.2% |
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, 849 companies had the same profile as RE-SHAPE has now. Two years later, 91.9% were still going and 4.7% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency under 10%
- a small loss
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RE-SHAPE itself: 1.6% within 12 months.
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 849 companies, not a prediction for RE-SHAPE. 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
1 ownerOwners 1
- Equity €242,581 Profit of €6,896 in 2025 (loss of €6,079 in 2024) Checked score 9250%
Network & group
Companies at the same address
2 other companiesConnections & network
The network starts from the shareholders of RE-SHAPE. Every company they also own or run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
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 |
|---|---|---|---|---|
| 34013A1116/00A002 | Flanders | 811 m² | 1 · 311 m² | 17.3 m · 4 |