Summary
SHAPE Group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €6.8m and a net result of €491,328. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 64% of 6,640 sector peers (NACE 64, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €6.8m
- Profit
- €491,328
- Parent
- FIGI Holding · 98.08%
- Holdings
- 7
- FIGI HOLDINGDirector
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 7 accounts on average 58 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Capital & shares · Amendment of…Declaration · Capital increase ·…
- Liquidity quadruplescurrent ratio 48.72
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €318,297 in 2025 against €31,693 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | €0.02m | €0.06m | ▲ 183% |
| Other operating charges640/8 | - | - | - | €0.01m | €0.002m | €0.001m | €0.002m | €0.002m | ▲ 5.5% |
| Gross operating margin9900 | -€0.003m | €0.2m | €0.3m | €0.04m | €1.3m | €0.3m | -€0.008m | -€0.3m | ▼ 3,082% |
| Operating profit (loss)9901 | -€0.004m | €0.2m | €0.3m | €0.03m | €1.3m | €0.3m | -€0.03m | -€0.3m | ▼ 904% |
| Financial income75/76B | - | - | - | €0.002m | €0 | €0.05m | €0.3m | €0.9m | ▲ 174% |
| Recurring financial income75 | €0.003m | €0.01m | €0.3m | €0.002m | €0 | €0.05m | €0.3m | €0.9m | ▲ 174% |
| Financial charges65/66B | - | - | - | €0.01m | €0.009m | €0.005m | €0.009m | €0.05m | ▲ 512% |
| Recurring financial charges65 | €0.007m | €0.02m | €0.01m | €0.01m | €0.009m | €0.005m | €0.009m | €0.05m | ▲ 512% |
| Profit (loss) for the period before taxes9903 | -€0.008m | €0.2m | €0.6m | €0.01m | €1.2m | €0.3m | €0.3m | €0.5m | ▲ 79.1% |
| Income taxes67/77 | - | €0.05m | €0.07m | €0.003m | €0.3m | €0.02m | €0.03m | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€0.008m | €0.1m | €0.5m | €0.01m | €0.9m | €0.3m | €0.2m | €0.5m | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | -€0.008m | €0.1m | €0.5m | €0.01m | €0.9m | €0.3m | €0.2m | €0.5m | ▲ 102% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.4m | €2.7m | €3.1m | €3.9m | €4.9m | €5.4m | €6.3m | €10.3m | ▲ 63.7% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €0.6m | €0.9m | €1.6m | €2.0m | €2.8m | ▲ 34.9% |
| Intangible fixed assets21 | - | - | - | - | - | - | - | €0.07m | - |
| Tangible fixed assets22/27 | - | - | - | - | - | - | €0.4m | €0.4m | ▼ 6.8% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.002m | €0.01m | ▲ 334% |
| Other tangible fixed assets26 | - | - | - | - | - | - | €0.4m | €0.4m | ▼ 8.6% |
| Financial fixed assets28 | €0.5m | €0.5m | €0.5m | €0.6m | €0.9m | €1.6m | €1.6m | €2.3m | ▲ 41.4% |
| Current assets29/58 | €1.8m | €2.1m | €2.6m | €3.3m | €3.9m | €3.8m | €4.3m | €7.6m | ▲ 77.5% |
| Stocks and contracts in progress3 | €1.0m | €1.5m | €2.2m | €2.1m | €0.5m | €0 | - | - | - |
| Stocks30/36 | - | - | - | €2.1m | €0.5m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.5m | €0.5m | €0.02m | €0.5m | €3.0m | €3.1m | €3.0m | €4.8m | ▲ 58.2% |
| Trade receivables40 | - | - | - | €0.001m | €0 | - | €0.2m | €0.09m | ▼ 38.5% |
| Other amounts receivable41 | - | - | - | €0.5m | €3.0m | €3.1m | €2.9m | €4.7m | ▲ 63.2% |
| Cash at bank and in hand54/58 | €0.03m | €0.05m | €0.08m | €0.5m | €0.5m | €0.6m | €0.9m | €1.9m | ▲ 110% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0 | €0.05m | €0.3m | €0.8m | ▲ 174% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.4m | €2.7m | €3.1m | €3.9m | €4.9m | €5.4m | €6.3m | €10.3m | ▲ 63.7% |
| Equity10/15 | €1.6m | €1.8m | €2.3m | €3.3m | €4.4m | €5.1m | €5.4m | €6.8m | ▲ 26.9% |
| Contributions10/11 | €1.7m | €1.7m | - | €2.7m | €3.1m | €3.7m | €3.7m | €4.6m | ▲ 26.0% |
| Reserves13 | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€0.008m | €0.1m | €0.6m | €0.6m | €1.4m | €1.5m | €1.7m | €2.2m | ▲ 29.0% |
| Amounts payable17/49 | €0.7m | €0.9m | €0.9m | €0.5m | €0.4m | €0.3m | €1.0m | €3.5m | ▲ 270% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €0.6m | €3.4m | ▲ 466% |
| Financial debts170/4 | - | - | - | - | - | - | €0.6m | €3.4m | ▲ 466% |
| Amounts payable within one year42/48 | €0.7m | €0.9m | €0.9m | €0.5m | €0.4m | €0.3m | €0.4m | €0.2m | ▼ 56.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.3m | €0 | €0.09m | €0.1m | ▲ 5.0% |
| Financial debts43 | - | - | - | €0.5m | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.5m | €0 | - | - | - | - |
| Trade debts44 | - | - | - | €0.009m | €0 | - | €0.08m | €0.06m | ▼ 28.7% |
| Suppliers440/4 | - | - | - | €0.009m | €0 | - | €0.08m | €0.06m | ▼ 28.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.004m | €0.03m | €0.03m | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €0.07m | €0.004m | €0.03m | €0.03m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.2m | €0.3m | €0.2m | €98 | ▼ 99.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.003m | €0 | - | €0.004m | €0.008m | ▲ 82.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,853 | €122,694 | €508,611 | €10,281 | €930,983 | €323,816 | €242,695 | €491,328 | ▲ 102% |
| + Depreciation and write-downs630 | - | - | - | - | - | - | €21,732 | €61,442 | ▲ 183% |
| Operating cash flow (approximation) | -€7,853 | €122,694 | €508,611 | €10,281 | €930,983 | €323,816 | €264,428 | €552,770 | ▲ 109% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€26,000 | -€374,000 | -€652,000 | -€459,762 | -€772,565 | ▼ 68.0% |
| Change in cash | - | €20,258 | €31,242 | €439,069 | -€50,322 | €152,565 | €286,171 | €998,788 | ▲ 249% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 10-06-2026 | 2026-00154516 |
| 31-12-2024 | abbreviated format | 27-05-2025 | 2025-00109584 |
| 31-12-2023 | abbreviated format | 12-06-2024 | 2024-00127793 |
| 31-12-2022 | abbreviated format | 23-05-2023 | 2023-00093417 |
| 31-12-2021 | abbreviated format | 02-06-2022 | 2022-20046145 |
| 31-12-2020 | abbreviated format | 01-06-2021 | 2021-16500600 |
| 31-12-2019 | abbreviated format | 10-06-2020 | 2020-16000141 |
| 31-12-2018 | micro format | 11-06-2019 | 2019-17300036 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| FIGI HOLDING |
|
| IRYSS |
|
Owners and capital
Owners
2 ownersChain of control
- FIGI Holding
- SHAPE Group
Highest known parent: FIGI Holding. The sources do not say who stands above it.
Owners 2
- FIGI Holdingparent98.08%
-
2.5%
According to the 2025 annual accounts of SHAPE Group and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 03-04-2026 Capital increase of €1,500,000 · 750 new shares · in cash
- 13-03-2025 Capital increase of €300,000 · to €4,600,000 · 150 new shares · in cash
Group and network
Holdings and subsidiaries
7 holdingsHoldings 7
-
100%
- SHAPE FactorysubsidiarySourceown accounts 2025100%
- SHAPE HospitalitysubsidiarySourceown accounts 2025100%
-
100%
- Sigl VastgoedsubsidiarySourceown accounts 2025100%
-
99.73%
-
share not stated
According to the 2025 annual accounts of SHAPE Group and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
2 board mandatesHistory
Acts, filings and financial milestones
03-04
Gazette deed
Capital & shares · Amendment of the articlesDeclaration · Capital increase · Share issue10 facts ▸
- General meeting, 06-02-2026
- Declaration, “waiver of board report, eenparigheid en algemeenheid van stemmen” (deed in Dutch)
- Declaration, “alle aandeelhouders, waiver of pre-emptive rights” (deed in Dutch)
- Capital increase, €1,500,000
- Share issue, 750, EUR
- Capital contribution, €800,000
- Share issue, 2240, “niet volstort” (deed in Dutch)
- Capital
- Power of attorney
- Power of attorney, Barbara Balliere
22-12
Gazette deed
Permanent representative: Philles Van De VoordeRegistered-office move4 facts ▸
- Board meeting, 15-11-2025
- Registered-office move, Kortrijksesteenweg 1045A bus 0002,9051 Sint-Denijs-Westrem
- Permanent representative, Philles Van De Voorde
- Director in office, BV FIGI Holding (director)
25-03
Gazette deed
Permanent representative: Philles Van De VoordeRegistered-office move3 facts ▸
- Board meeting, 03-02-2025
- Registered-office move, Kleine Vismarkt 2 Bus 101,9000 Gent
- Permanent representative, Philles Van De Voorde
13-03
Gazette deed
Resignations: FIGI HOLDING (director) and IRYSS (director)Permanent representatives: VAN DE VOORDE Guillaume, RAHIER Stephan and VAN DE VOORDE Philles · Appointment: FIGI HOLDING (director) · Capital increase15 facts ▸
- General meeting, 19-02-2025
- Other provision, “EERSTE BESLISSING-verzaking verslagen, verzaking aan opmaak verslag bestuursorgaan(en commissaris)” (deed in Dutch)
- Capital increase, €300,000
- Other provision, “DERDE BESLISSING-wijziging bestuursbevoegdheid, afschaffing A-bestuurder en B-bestuurder” (deed in Dutch)
- Amendment of the articles
- Director resignation, FIGI HOLDING (director)
- Director resignation, IRYSS (director)
- Permanent representative, VAN DE VOORDE Guillaume
- Permanent representative, RAHIER Stephan
- Board rule, 1
- Director appointment, FIGI HOLDING (director (not named in the articles))
- Permanent representative, VAN DE VOORDE Philles
- +3 further facts in this act
Show earlier events
About the unread acts
Of the 7 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 22 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44062B0355/00E002 | Flanders | 2,264 m² | 1 · 355 m² | 14.3 m · 3 |
| 44028A0590/00G002 | Flanders | 325 m² | 1 · 80 m² | 0.1 m |
How the parcels are linked
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- Other provision: “Stortingsplicht niet-volgestorte aandelen, aanmaning van één maand bij aangetekende brief” (deed in Dutch)
Read from the deeds: 1 provision, deed of 13-03-2025