Summary
The computed 12-month bankruptcy probability of Shadow Projects is 1.6% (moderate). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Overview
Activity
General electrical installation work
NACE 43211
1 site
Size
No accounts; a small general or limited partnership need not file
Financial health
- Bankruptcy probabilitywithin 12 months
- 1.6%
No score: no figures
Structure
1 of 2 deeds summarised
Signalsraises riskFounded in 2022Sector: Specialised construction activities (NACE 43)lowers riskLegal form: limited partnershipNo annual accounts with figuresShow the evidence
Bankruptcy probability
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.1%highest value
12-2024: 2.1%● unchanged vs 11-2024
01-2025: 1.9%▼ -0.2 percentage points vs 12-2024
02-2025: 1.9%● unchanged vs 01-2025
03-2025: 1.9%● unchanged vs 02-2025
04-2025: 1.9%● unchanged vs 03-2025
05-2025: 1.9%● unchanged vs 04-2025
06-2025: 1.9%● unchanged vs 05-2025
07-2025: 1.9%● unchanged vs 06-2025
08-2025: 1.9%● unchanged vs 07-2025
09-2025: 1.9%● unchanged vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.7%▼ -0.2 percentage points vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.5%▼ -0.2 percentage points vs 03-2026lowest value
05-2026: 1.5%● unchanged vs 04-2026lowest value
06-2026: 1.5%● unchanged vs 05-2026lowest value
07-2026: 1.5%● unchanged vs 06-2026lowest value
08-2026: 1.6%▲ +0.1 percentage points vs 07-2026
09-2026: 1.6%● unchanged vs 08-2026
10-2026: 1.6%● unchanged vs 09-2026
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Signals
Four signals.
lowers riskraises risk
Searched, nothing found (1)
- Amendment of the articlesLegal form clause · Name…
Financials
No annual accounts filed
No annual accounts of this company are filed with the National Bank. A small limited partnership whose unlimited partners are natural persons is not required to file.
Similar companies · same sector and region
Amelatra
BE 0750.890.361
Menen
Asildas
BE 0801.060.444
Menen
BTlec
BE 0823.198.913
Menen
CALLEWAERT Norbert
BE 0421.154.204
Menen
D. CALLENS
BE 0889.405.668
Menen
No filed accounts are known for this company, so a size comparison is not possible. These companies share only the sector and the region. Of the 22,640 active companies whose main activity is general electrical installation work (NACE 43211), figures are known for 10,525. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €22,499 awarded · €22,499 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €5,035 | €5,035 |
| 2024 | 1 | €4,862 | €4,862 |
| 2023 | 1 | €8,165 | €8,165 |
| 2022 | 1 | €4,437 | €4,437 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Capital and shareholders
Capital over the years
- 18-04-2023 Capital stated in the deed · 5,000 shares
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
2023
18-04
Gazette deed
Amendment of the articlesLegal form clause · Name change · Capital9 facts ▸
Gazette deed
Amendment of the articles
Legal form clause · Name change · Capital9 facts ▸
- General meeting, 14-03-2023
- Legal form clause, “Wet van 23-03-2019, behoud” (deed in Dutch)
- Other provision, “(on)beschikbaar maken van vermogen en reserves, eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles
- Name change, Shadow Projects
- Capital
- Other provision, 14-03-2023
- Registered office clause, “bevestiging op niet-statutaire wijze dat zetel tot nader order blijft, Vlaams Gewest” (deed in Dutch)
- Other provision, “rondvraag varia, niemand van aanwezigen vraagt het woord” (deed in Dutch)
Gazette deed
1 of 2 deeds read
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formLimited partnership
Founded04-04-2022
Activities, NACEBEL 2025
43211General electrical installation work
Contact
E-mail
cedric.beyaert@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0784447908
Also
9925:BE0784447908
Registered
09-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0784.447.908
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Menen · 1 establishment unit since 2022
Ground area
147 m²
Building footprint
73 m²
Building volume
570 m³
Parcel 34027E1009/00F127, Flanders · tallest building 12.9 m. Linked by address, not a title deed.
1 establishment unit
Shadow Projects
since 2022unit no. 2.329.886.550
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34027E1009/00F127 | Flanders | 147 m² | 1 · 73 m² | 12.9 m · 3 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Benaming voorafgegaan of gevolgd door vermelding commanditaire vennootschap of afgekort CommV
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs-en uitbatingszetels,agentschappen,bijhuizen,bureaus,stapelhuizen in België en buitenland bij eenvoudige beslissing…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, één of meerdere zaakvoerders” (deed in Dutch)“Overlijden,vereffening,faillissement,kennelijk onvermogen,onbekwaamheid of verhindering zaakvoerder, één maand” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht door overlijden, erfgenamen,legatarissen of rechtsopvolgers nemen van rechtswege plaats in behoudens andersluidende of meer…” (deed in Dutch)“Marktwaarde op datum van vereffening of faillissement, voorkooprecht overige vennoten om aandelen over te nemen” (deed in Dutch)“13, aandelen slechts overdraagbaar mits voorafgaandelijke instemming van al zijn medevennoten” (deed in Dutch)“14, waardering deskundige of gerechtsdeskundige is bindend” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “Individuele onderzoeks-en controlebevoegdheid,bevoegdheden zoals commissaris,recht op informatie art.3:68 WVV,bijstand door externe…” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 April to 31 March