SHADOWFAX (0746.866.247): financials and annual accounts

SHADOWFAX

Antwerp ·KBO/BCE: BE 0746.866.247

Line	2025	2024	2023	2022	2021	2020
Balance sheet: assets
Total assets`20/58`	81,630	111,299	87,671	77,816	109,965	67,818
Fixed assets`21/28`	1,762	0	84	596	1,108	-
Tangible fixed assets`22/27`	1,762	0	84	596	1,108	-
Plant, machinery and equipment`23`	1,762	-	-	-	-	-
Furniture and vehicles`24`	-	0	84	596	1,108	-
Current assets`29/58`	79,868	111,299	87,587	77,219	108,857	67,818
Amounts receivable after more than one year`29`	2,500	13,503	13,503	7,503	-	-
Trade receivables`290`	0	13,503	13,503	7,503	-	-
Other amounts receivable`291`	2,500	-	-	-	-	-
Stocks and contracts in progress`3`	-	-	0	14,400	-	-
Contracts in progress`37`	-	-	0	14,400	-	-
Amounts receivable within one year`40/41`	44,606	39,448	16,778	25,385	10,431	22,547
Trade receivables`40`	9,581	39,448	14,820	22,385	10,400	22,547
Other amounts receivable`41`	35,025	0	1,958	3,000	31	-
Cash at bank and in hand`54/58`	32,108	57,721	57,306	29,931	98,426	45,271
Deferred charges and accrued income`490/1`	654	627	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	81,630	111,299	87,671	77,816	109,965	67,818
Equity`10/15`	67,389	75,004	74,936	65,127	64,564	22,532
Contributions`10/11`	1,000	1,000	1,000	1,000	1,000	1,000
Reserves`13`	66,389	74,004	73,936	64,127	63,564	21,532
Distributable reserves`133`	66,389	74,004	73,936	64,127	63,564	21,532
Profit (loss) carried forward`14`	0	0	-	-	-	-
Amounts payable`17/49`	14,241	36,295	12,735	12,688	45,401	45,286
Amounts payable within one year`42/48`	14,241	36,295	12,735	12,688	44,151	45,286
Trade debts`44`	2,452	2,442	2,660	1,393	9,396	4,902
Suppliers`440/4`	2,452	2,442	2,660	1,393	9,396	4,902
Advances received on contracts in progress`46`	-	-	-	0	12,584	12,600
Taxes, remuneration and social security`45`	10,454	13,417	8,092	7,780	19,209	15,784
Taxes`450/3`	10,454	13,417	8,092	7,780	19,209	15,784
Other amounts payable`47/48`	1,335	20,436	1,983	3,514	2,962	12,000
Accrued charges and deferred income`492/3`	-	-	-	0	1,250	-
Income statement
Gross operating margin`9900`	-5,009	22,921	16,130	3,902	54,205	41,792
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	105	84	512	512	428	-
Other operating charges`640/8`	1,497	505	1,109	697	101	190
Non-recurring operating charges`66A`	390	0	342	-	-	-
Operating profit (loss)`9901`	-7,001	22,332	14,167	2,693	53,676	41,601
Financial income`75/76B`	1,027	929	488	89	0	1
Recurring financial income`75`	1,027	929	488	89	0	1
Financial charges`65/66B`	1,641	1,394	905	1,081	50	-
Recurring financial charges`65`	1,641	1,394	905	1,081	50	-
Profit (loss) for the period before taxes`9903`	-7,615	21,866	13,750	1,702	53,626	41,602
Income taxes`67/77`	0	5,799	3,941	1,138	11,593	8,570
Profit (loss) for the period`9904`	-7,615	16,067	9,809	563	42,032	33,032
Profit (loss) for the period to be appropriated`9905`	-7,615	16,067	9,809	563	42,032	33,032
Appropriation of the result
Profit (loss) to be appropriated`9906`	-7,615	16,067	9,809	563	42,032	33,032
Transfer from equity`791/2`	7,615	-	-	-	-	-
Transfer to equity`691/2`	0	67	9,809	563	42,032	21,532
To other reserves`6921`	0	67	9,809	563	42,032	21,532
Profit to be distributed`694/7`	0	16,000	-	-	-	11,500
Return on contributions (dividend)`694`	0	16,000	-	-	-	11,500
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Financial year	Type	Filed	Reference	Document
30-09-2025	micro format	30-03-2026	2026-00066060	PDF
30-09-2024	micro format	29-04-2025	2025-00079792	PDF
30-09-2023	micro format	30-04-2024	2024-00074745	PDF
30-09-2022	micro format	28-04-2023	2023-00070011	PDF
30-09-2021	micro format	27-04-2022	2022-20009700	PDF
30-09-2020	micro format	22-04-2021	2021-11100129	PDF

Line	2025	2024	2023	2022	2021	2020
EBITDA	-6,896	22,416	14,679	3,205	54,104	-
Cash flow	-7,510	16,152	10,321	1,075	42,460	-
Investment in fixed assets (approximation)	1,867	0	0	0	1,536	-
Change in cash	-25,613	415	27,375	-68,495	53,155	-
Working capital	65,627	75,004	74,852	64,531	64,706	22,532
Solvency	82.6%	67.4%	85.5%	83.7%	58.7%	33.2%
Current ratio	5.61	3.07	6.88	6.09	2.47	1.50
Quick ratio	5.61	3.07	6.88	4.95	2.47	1.50
Debt to equity	0.21	0.48	0.17	0.19	0.70	2.01
ROE	-11.3%	21.4%	13.1%	0.9%	65.1%	146.6%
ROA	-9.3%	14.4%	11.2%	0.7%	38.2%	48.7%
Interest coverage	-4.20	16.08	16.23	2.97	over 100	-

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Tangible fixed assets	€1,867	-	-	-	€1,536
Depreciation and write-downs of the year	€105	€84	€512	€512	€428

SHADOWFAX

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency82.6%

Current ratio5.61

Return on assets-9.3%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on SHADOWFAX

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