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SHAKE4SHAPE

Active
Private limited companyfounded 2022active for 3 yearsInvalidenlaan 191, 1160 Oudergem, BelgiumKBO/BCE: BE 0794.638.252
Summary

SHAKE4SHAPE has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,961 and a net result of €20,418. Equity is growing by about 71% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, micro format

Equity
€29,961▲ 54.1%
2024 · €19,443
Total assets
€43,001▲ 12.4%
2024 · €38,247
Net result
€20,418▼ 32.6%
2024 · €30,279
Working capital
€28,234▲ 62.3%
2024 · €17,400
Trend over the years

2023 to 2025, 3 financial years

The operating result falls in 2025; 2025 is 33% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€23,518 2025 Net result€20,418 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€13,641-€34,887▲ 156%€23,518▼ 32.6%
Net result€13,514-€30,279▲ 124%€20,418▼ 32.6%
Equity€2,364-€19,443▲ 723%€29,961▲ 54.1%
Total assets€18,469-€38,247▲ 107%€43,001▲ 12.4%
Debt€16,105-€18,805▲ 16.8%€13,040▼ 30.7%
Working capital€4-€17,400▲ 4,416×€28,234▲ 62.3%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43,001
Fixed assets €1,726 ▼ 15.5%
Current assets €41,274 ▲ 14.0%
Equity and liabilities €43,001
Equity €29,961 ▲ 54.1%
Debt €13,040 ▼ 30.7%
Debt's share of the balance-sheet total falls from 49.2% to 30.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23,834▼
2024 · €35,203
Cash flow
€20,735▼
2024 · €30,596
Current ratio
3.17▲
2024 · 1.93
Debt to equity
0.44▼
2024 · 0.97
ROE
68.1%▼
2024 · 155.7%
ROA
47.5%▼
2024 · 79.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€13,040▼
2024 · €18,805
Income taxes
€2,972▼
2024 · €4,514
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€38,247€43,001▲
Fixed assets21/28€2,043€1,726▼
Tangible fixed assets22/27€543€226▼
Plant, machinery and equipment23€543€226▼
Financial fixed assets28€1,500€1,500=
Current assets29/58€36,204€41,274▲
Amounts receivable within one year40/41€19,596€13,661▼
Trade receivables40€19,596€13,661▼
Cash at bank and in hand54/58€16,359€27,482▲
Deferred charges and accrued income490/1€250€132▼
Equity and liabilities
Total equity and liabilities10/49€38,247€43,001▲
Equity10/15€19,443€29,961▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€17,443€27,961▲
Amounts payable17/49€18,805€13,040▼
Amounts payable within one year42/48€18,805€13,040▼
Trade debts44€288-
Suppliers440/4€288-
Taxes, remuneration and social security45€4,674€2,972▼
Taxes450/3€4,674€2,972▼
Other amounts payable47/48€13,842€10,067▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€317€317=
Other operating charges640/8-€395
Gross operating margin9900€35,203€24,230▼
Operating profit (loss)9901€34,887€23,518▼
Financial charges65/66B€93€127▲
Recurring financial charges65€93€127▲
Profit (loss) for the period before taxes9903€34,793€23,390▼
Income taxes67/77€4,514€2,972▼
Profit (loss) for the period9904€30,279€20,418▼
Profit (loss) for the period to be appropriated9905€30,279€20,418▼
Appropriation of the result
Profit (loss) to be appropriated9906€30,643€37,861▲
Profit (loss) brought forward from the previous period14P€364€17,443▲
Profit to be distributed694/7€13,200€9,900▼
Directors or managers695€13,200€9,900▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90€317€317=
Other operating charges640/8--€395-
Gross operating margin9900€13,731€35,203€24,230▼ 31.2%
Operating profit (loss)9901€13,641€34,887€23,518▼ 32.6%
Financial income75/76B€33---
Recurring financial income75€33---
Financial charges65/66B-€93€127▲ 36.1%
Recurring financial charges65-€93€127▲ 36.1%
Profit (loss) for the period before taxes9903€13,674€34,793€23,390▼ 32.8%
Income taxes67/77€160€4,514€2,972▼ 34.2%
Profit (loss) for the period9904€13,514€30,279€20,418▼ 32.6%
Profit (loss) for the period to be appropriated9905€13,514€30,279€20,418▼ 32.6%
Line202320242025Change
Assets
Total assets20/58€18,469€38,247€43,001▲ 12.4%
Fixed assets21/28€2,360€2,043€1,726▼ 15.5%
Tangible fixed assets22/27€860€543€226▼ 58.3%
Plant, machinery and equipment23€860€543€226▼ 58.3%
Financial fixed assets28€1,500€1,500€1,500=
Current assets29/58€16,109€36,204€41,274▲ 14.0%
Amounts receivable within one year40/41€12,516€19,596€13,661▼ 30.3%
Trade receivables40€12,516€19,596€13,661▼ 30.3%
Cash at bank and in hand54/58€3,338€16,359€27,482▲ 68.0%
Deferred charges and accrued income490/1€255€250€132▼ 47.2%
Equity and liabilities
Total equity and liabilities10/49€18,469€38,247€43,001▲ 12.4%
Equity10/15€2,364€19,443€29,961▲ 54.1%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14€364€17,443€27,961▲ 60.3%
Amounts payable17/49€16,105€18,805€13,040▼ 30.7%
Amounts payable within one year42/48€16,105€18,805€13,040▼ 30.7%
Trade debts44€3,435€288--
Suppliers440/4€3,435€288--
Taxes, remuneration and social security45€160€4,674€2,972▼ 36.4%
Taxes450/3€160€4,674€2,972▼ 36.4%
Other amounts payable47/48€12,510€13,842€10,067▼ 27.3%
Line202320242025Change
Profit (loss) for the period9904€13,514€30,279€20,418▼ 32.6%
+ Depreciation and write-downs630€90€317€317=
Operating cash flow (approximation)€13,604€30,596€20,735▼ 32.2%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€13,020€11,123▼ 14.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
30-09-2025 micro format 23-03-2026 2026-00059055
30-09-2024 micro format 10-03-2025 2025-00045620
30-09-2023 micro format 10-03-2024 2024-00041250

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.