Result
€19,652 €19,652
Back in profit in 2026, after a loss of €37,659 in 2025.
SHAKE
Lifetime
20 annual accounts with figures on one time axis, 28 filings since 1999peak €843,812 (2016)
€760,385▲ 16.1%
lowest -€37,659 (2025)
€19,652▲ €57,311
peak €117,854 (2024)
€99,846▲ 24.5%
€499,477▲ 60.8%
peak 12.2 FTE (2011)
-not published
Board5 names since 2018
1 directorEVERNEW
Owners
Documentsfilings and deeds
21-09-202640 days before the deadline
2026abbreviated format
Gross margin from €654,782 to €760,385Back to profit: €19,652Equity from €80,195 to €99,846Debts from €310,557 to €499,477
Key points
from the 2026 annual accountsTurnover
≈ €1.5m estimated
The accounts state no turnover.
Debts
€499,477 83% of the balance sheet
Financial debts 7%Suppliers 59%Taxes and wages 18%Other 16%
Of this, €462,254 falls due within a year.
Filings
28 annual accounts since 1999
The last five annual accounts were filed 28 to 58 days before the end of the period.
At the same address
30 companies
Position in the sector
€760,385
Higher gross margin than 90% of companies in advertising and market research. Sector median €48,351 · 94 companies.
Checked score
92
Excellent
Financially stronger than 37% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.9%▲ +0.4 percentage points vs 10-2025highest value
12-2025: 0.9%● unchanged vs 11-2025highest value
01-2026: 0.9%● unchanged vs 12-2025highest value
02-2026: 0.9%● unchanged vs 01-2026highest value
03-2026: 0.4%▼ -0.5 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.1 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
lowers risk
Size: total assets €599,323
Figures for financial year 2026 (filed on 21-09-2026)
Founded in 1998
Legal form: public limited company
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 73, micro). It does better than 24% of them on solvency, 9% on liquidity, 43% on profitability and 73% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as SHAKE has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SHAKE itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,984 companies, not a prediction for SHAKE. 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.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19 (1.17 in 2025), below the usual 1.5. Short-term debt is 77.1% and cash 5.8% of total assets. 83.3% of the assets are financed with debt and provisions.
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 21-09-2026, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
40 days early
2025
28 days early
2024
58 days early
2023
32 days early
2022
45 days early
2021
41 days early
2020
12 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 21 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0462957937
Registered office moved from Uccle to Uccle-Rue Egide Van Ophem
New registered office: 40c, 1180 Uccle-Rue Egide Van Ophem · Previous registered office: rue Vanderkindere 542, 1180 Uccle · Resignations: FISCHER Alexandra, ELLINGER Grégory and SIDEWAYS · General meeting of 18-01-2024 · Gazette deed
New managing director
Grégory ELLINGER appointed, Pierre BOSSELER resigned · Permanent representatives: Pierre BOSSELER and Philippe ROMAIN · Director discharge: BOLIVI · General meeting of 05-04-2019 · Gazette deed
Appointment: Alexandra FISCHER (managing director)
Permanent representative: Pierre BOSSELER · General meeting of 31-05-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SHAKE Uccle | €599,323 | €760,385 | 16.7% | - |
| TAN - DEM Forest | €541,233 | €676,732 | 48.1% | - |
| MONA LISA Schaerbeek | €718,156 | €805,219 | 62.0% | 5.1 |
| XL REKLAME Mechelen | €580,535 | €716,562 | -26.8% | 11.8 |
| ARPEGGIO Ham-sur-Heure-Nalinnes | €704,394 | €763,382 | 29.4% | 9.2 |
| WOW Forest | €833,575 | €561,555 | 51.4% | - |
| VITAM Ixelles | €839,502 | €970,146 | 24.3% | - |
These companies have the same main activity as SHAKE: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €541,000 and €840,000, founded between 1990 and 2000.
Official details
Source: KBO- Status
- Active since 25-03-1998Normal situation
- Registered office
- 31 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Advertising agenciesNACE 73110
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
- Establishment unit
- 2.086.369.6341180 Uccle, since 16-04-1998
- Financial year end
- 31 March
- Peppol
- Reachable since 23-12-2025
Annual accounts to 31-03-2026
- €599,323▲ 53.4%
- Employeeson 31-03-2026
- 9▼ 10.0%
- Filing
- Filed on 21-09-2026, 40 days before the end of the filing period
Insights on SHAKE
SHAKE files the abbreviated format. That format states no turnover. The gross margin rose from €571,806 in 2007 to €760,385 in 2026.
EVERNEW holds all the shares. In February 2024, three directors stepped down.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SHAKE
- What is the company number of SHAKE?
- The company number of SHAKE is 0462.957.937. The VAT number is the same number with BE in front: BE 0462.957.937.
- Where is SHAKE based?
- The registered office is at Egide Van Ophemstraat 40c, 1180 Uccle.Company details
- What does SHAKE do?
- According to the KBO register, the main activity is advertising agencies (NACE 73110).
- What is the legal form of SHAKE?
- SHAKE is a public limited company (NV).
- When was SHAKE founded?
- SHAKE was founded on 25-03-1998.
- Is SHAKE still active?
- Yes, SHAKE is an active enterprise in the KBO register.
- How many employees does SHAKE have?
- SHAKE had an average of 9.6 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does SHAKE fall under?
- In its 31-03-2026 annual accounts, SHAKE states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of SHAKE?
- The turnover in financial year 2026 is ≈ €1.5m. This figure is estimated from the gross margin of €760,385 and 37 comparable companies (NACE 73). It probably lies between €1.0m and €1.9m.
- Is SHAKE profitable?
- In financial year 2026, SHAKE made a profit of €19,652.
- Where can I find the annual accounts of SHAKE?
- SHAKE filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SHAKE due?
- SHAKE must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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