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SHAPE & SHIFT

Absorbed by The Value Hub KBO/BCE: BE 0717.859.683 subsidiary of The Value Hub
SHAPE & SHIFT
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Overview

Lifetime

3 annual accounts with figures on one time axis
peak €3.5m (2022)
€3.5m▲ 62.9%
peak €169,157 (2020)
€159,921▲ 24.7%
peak €359,414 (2021)
€357,335▼ 0.6%
€562,277▼ 4.1%
peak 10.9 FTE (2022)
10.9 FTE▲ 73.0%
Board5 names since 2019
- 
Owners3 names in the annual accounts
100%The Value Hub and 1 other
Documentsfilings and deeds
03-08-20233 days late
2022abbreviated format
Turnover from €2.2m to €3.5mGross margin from €576,236 to €1.0mStaff from 6.3 FTE to 10.9 FTEMerger proposal: to be absorbed by THE VALUE HUB 25-11Company renamed to Shape & Shift 15-06Dividend €162,000

Key points

from the 2022 annual accounts, the last ones filed

Equity

€357,335 ▼ 0.6%
359,4142021+159,921Profit-162,000Dividend357,3352022

SHAPE & SHIFT paid out €162,000 in dividends. That is 101% of the 2022 profit.

Turnover

€3.5m ▲ 62.9%
€2.2m2021€3.5m2022

Turnover rose in 2022 from €2.2m to €3.5m.

Investments

€41,997 2.7 × depreciation
20212022

Green is investment, beige is depreciation. Machinery stands 140.2% higher than in 2021.

Staff

14 employees on 31-12-2022
522021712022

In 2022, 7 people joined and 1 left.

Payment terms

49 days to suppliers
Suppliers
94 to 49
Customers
70 to 66

SHAPE & SHIFT pays its suppliers 45 days earlier than in 2021. Customers pay 4 days earlier.

Filings

3 annual accounts 2 late
AprilJune31 JulyOctober202020212022

The 2021 accounts came latest: 4 days after the end of the period.

No score

Board and ownership

DC
De Cronos Groep
Managing director, DEROOST Dirk
DW
DE WIT Josephus
Managing director
KB
KPMG Bedrijfsrevisoren CVBA
Auditor, Filip De Bock
  • The Value Hub 100%score 66equity €504,269 (2025) · deed of 26-01-2023
Board & ownership

Recent changes

Merger: absorbed by The Value Hub The Value Hub holds all the shares · Share cancellation: Codrigo · Gazette deed
Merger proposal: to be absorbed by THE VALUE HUB THE VALUE HUB holds all the shares · Gazette deed
Company renamed to Shape & Shift New name: Shape & Shift · Appointments: DE WIT Josephus (managing director) and De Cronos Groep (managing director) · Permanent representative: DEROOST Dirk · Gazette deed
New statutory auditor KPMG Bedrijfsrevisoren CVBA appointed, EY bedrijfsrevisoren BV resigned · Permanent representatives: Filip De Bock and Dirk Deroost · Director discharge: EY bedrijfsrevisoren BV (statutory auditor) · General meeting of 02-10-2020 · Gazette deed
All 9 events

Official details

Source: KBO
Status
Absorbed by The Value Hubmerger by absorption, January 2023
Activity
No activity registered in the KBO
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2022
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2022

€3.5m▲ 62.9%
€159,921▲ 24.7%
€357,335▼ 0.6%
€919,612▼ 2.8%
Employeeson 31-12-2022
14▲ 75.0%
Filing
Filed on 03-08-2023
Financials

Companies linked to SHAPE & SHIFT

Insights on SHAPE & SHIFT

Absorbed by The Value Hub in January 2023. The last annual accounts are for financial year 2022.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2022

abbreviated format, filed on 03-08-2023, 3 days late
€3.5m
▲ 62.9%
€227,747
▲ 24.9%
€243,535
▲ 28.2%
€175,710
▲ 29.3%
38.9%
▲ 0.9 percentage points
1.56
▼ 0.07

Money flows

of every €100 of turnover, €4.51 remains as profit in 2022

Balance sheet

balance sheet total €919,612 on 31-12-2022
What the company ownsHow it is paid for

in euro

in euro

Staff

€72,909

Staff costs divided by the average number of full-time equivalents.

+6 people

people who joined people who left

In 2022, 7 people joined and 1 left. Training hours in 2022: 434.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202220212020
Balance sheet: assets
20/58 919,612945,938512,438
21/28 44,63918,5879,851
22/27 44,63918,5879,851
23 44,63918,5879,851
29/58 874,973927,351502,587
40/41 853,684910,381489,193
40 645,490418,828295,859
41 208,194491,553193,334
54/58 10,63512,19611,068
490/1 10,6544,7752,326
Balance sheet: equity and liabilities
10/49 919,612945,938512,438
10/15 357,335359,414231,157
10/11 62,00062,00062,000
10 62,00062,000-
100 62,00062,00062,000
13 295,200297,200168,200
130/1 6,2006,2006,200
130 6,2006,2006,200
133 289,000291,000162,000
14 135214957
17/49 562,277586,524281,281
42/48 562,277571,524281,281
44 339,244415,828164,534
440/4 339,244415,828164,534
45 223,032155,696116,747
450/3 122,426116,40788,182
454/9 100,60739,28928,565
492/3 -15,000-
Income statement
70 3.5m2.2m2.6m
76A 455-29
9900 1.0m576,236705,474
60/61 2.5m1.6m1.9m
62 794,708384,137429,130
630 15,7897,6499,303
640/8 4,5802,1183,465
66A 320-
9901 227,747182,332263,576
75/76B 436477114
75 436477114
65/66B 9,7385,1295,533
65 9,7385,1295,533
9903 218,444177,680258,157
67/77 58,52349,42389,000
9904 159,921128,257169,157
9905 159,921128,257169,157
Appropriation of the result
9906 160,135129,214169,157
14P 214957-
791/2 162,000--
691/2 160,000129,000168,200
6920 --6,200
6921 160,000129,000162,000
694/7 162,000--
694 162,000--
Social balance sheet
9087 10.96.34.8
Hours worked1013 18,63410,68014,381
Document PDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2022 (PDF), filed on 03-08-2023.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2022 annual accounts filed 3 days after the deadline. Filed on 3 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00310628.

Financial year Type Filed Reference Document
31-12-2022 abbreviated format 03-08-2023 2023-00310628 PDF
31-12-2021 abbreviated format 04-08-2022 2022-20273322 PDF
31-12-2020 abbreviated format 12-07-2021 2021-34400600 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202220212020
243,535189,981272,879
175,710135,906178,460
41,99716,77420,547
-1,5611,128-
312,696355,827221,306
6.4%8.4%10.0%
38.9%38.0%45.1%
1.561.621.79
1.571.631.22
44.8%35.7%73.2%
17.4%13.6%33.0%
25.0137.04-
66 days70 days41 days
49 days94 days31 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202231-12-2021
Employees at the balance-sheet date148
full-time148
in full-time equivalents148
10.96.3
On a permanent contract148
Joined75
Left12
Training hours434154

Source: social balance sheet in the 2021 to 2022 annual accounts

Investments

fixed assets acquired
Item20222021
Tangible fixed assets€41,997€16,774
€15,789€7,649

Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)

Insights on SHAPE & SHIFT

The operating result for 2022 is 25% higher than in 2021. It is a recovery after the fall in 2021.

Debt's share of the balance-sheet total falls from 62.0% to 61.1%. Equity and debt are lower.

Board & ownership

Last board

2 office holders, 1 auditor, last change in 2022
De Cronos Groep NV
Managing director, permanent representative DEROOST Dirk
appointed by deed of 15-06-2022
also on the board of 368 other companies
DE WIT Josephus
Managing director
appointed by deed of 15-06-2022
KPMG Bedrijfsrevisoren CVBA
Statutory auditor, permanent representative Filip De Bock
appointed by deed of 26-11-2020
De Cronos Groep, DE WIT Josephus
Permanent representatives 1
DEROOST Dirk
Permanent representative, for De Cronos Groep
appointed by deed of 15-06-2022

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
De Cronos Groep
Managing director
DE WIT Josephus
Managing director
KPMG Bedrijfsrevisoren CVBA
Statutory auditor
Contribute Group NV
Director
Dirk Deroost
Director
LeadershipEarliermandate already running before its first mentionend not dated
Mandates as a list
  • De Cronos Groep
    • Director, appointed by deed of 14-01-2020, last mentioned in 2020
    • Managing director, appointed by deed of 15-06-2022, still in office
  • DE WIT Josephus
    • Director, appointed by deed of 14-01-2020, last mentioned in 2020
    • Managing director, appointed by deed of 15-06-2022, still in office
  • KPMG Bedrijfsrevisoren CVBA
    • Statutory auditor, from 02-10-2020 to date
  • Contribute Group NV
    • Director, from 11-12-2019 to 14-01-2020
  • Dirk Deroost
    • Director, until 14-01-2020

See the board, name and registered office on a given date →

Control

Parent
The Value Hub
Equity €504,269
Loss €125,992 in 2025 (loss €3,275 in 2024)
Checked score 66
Source: deed 26-01-2023
100%
This company
SHAPE & SHIFT
Equity €357,335
Profit €159,921 in 2022

Further up the chainBewire 80%De Cronos Groep 90%Nuclys 95.22%

Capital

Capital
€62,000
Source
2022 annual accounts

Owners through the years

as the annual accounts name them
The Value Hub
100%
100%
De Cronos Groep
consolidates
consolidates
Bewire
90%
90% until 2021
Owners as a list

Source: shareholder structure in its own accounts, parent in its own accounts

Articles of association

deed of 15-06-2022 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Term of at most 6 years
1 director

Capital transactions

Shareholders according to the deeds
Stated in the deed deed of 26-01-2023 ↗
Stated in the deed deed of 25-11-2022 ↗

Network & group

Group

The Value Hub has 2 direct subsidiaries (2022 accounts), the bar shows equity in euros
ParentThe Value Hub2 holdings, 1 country 2022 accounts

Belgium 2 Equity Result

  • BE Shape & Shiftno longer active €357,335 result €159,921
  • BE Codrigono longer active €259,970 result €108,810

Source: list of holdings in the 2022 accounts of The Value Hub. Every holding stands with its own latest accounts.

Part of the group Nuclys Group, risk and exposure

Acquisitions and mergers

1 transaction
Taken over by:The Value Hub
BE 0778.465.877operation treated as a merger by absorption · Gazette deed of 26-01-2023 (6 deeds) · effective 01-01-2023

Connections & network

6 connected companies
Depth
Josephus de Wit, Shared director, links 6 companies JDJosephus de WitBewire, via Josephus de Wit BBewireBryxx, via Josephus de Wit BBryxxCollaborate, via Josephus de Wit CCollaborateCollide, via Josephus de Wit CCollideContribute4J, via Josephus de Wit CContribute4JThe Campus, via Josephus de Wit TCThe CampusSHAPE & SHIFT SHAPE &SHIFT0717.859.683
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Collide
via Josephus de Wit · Director · deed of 13-10-2022
Founded in 2010 · 31 FTE (2025) · negative equity · group Nuclys
→
The Campus
via Josephus de Wit · Director · deed of 02-04-2024
Founded in 2007 · 1 FTE (2025) · negative equity · group Nuclys
→
Bryxx
via Josephus de Wit · Director · deed of 27-11-2024
Founded in 2013 · 12 FTE (2025) · group Nuclys
→
Bewire
via Josephus de Wit · Managing director · deed of 15-06-2022
Founded in 2015 · 4.6 FTE (2025) · group Nuclys
→
Show 2 more companies with a shared director
Contribute4J
via Josephus de Wit · Director · deed of 24-09-2021
No longer active · 21 FTE (2022) · group Nuclys
→
Collaborate
via Josephus de Wit · Managing director · deed of 15-06-2022
No longer active · 14 FTE (2022) · group Nuclys
→

Timeline

Timeline

9 events since 2019
2023
Annual accounts 2022 filed PDFabbreviated format · 3 days late
Merger: absorbed by The Value HubThe Value Hub holds all the shares · Share cancellation: Codrigo3 points ▸
  • The Value Hub holds all the shares, mentioned twice in the deed
  • Share cancellation, Codrigo
  • Accounting effect, 01-01-2023
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2022
Merger proposal: to be absorbed by THE VALUE HUBTHE VALUE HUB holds all the shares2 points ▸
  • Accounting effect, 01-01-2023
  • THE VALUE HUB holds all the shares, mentioned twice in the deed
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFabbreviated format · 4 days late
Company renamed to Shape & ShiftNew name: Shape & Shift · Appointments: DE WIT Josephus (managing director) and De Cronos Groep (managing director) · Permanent representative: DEROOST Dirk4 points ▸

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFabbreviated format · 19 days before the deadline
2020
New statutory auditorKPMG Bedrijfsrevisoren CVBA appointed, EY bedrijfsrevisoren BV resigned · Permanent representatives: Filip De Bock and Dirk Deroost · Director discharge: EY bedrijfsrevisoren BV (statutory auditor) · General meeting of 02-10-20206 points ▸
  • General meeting, 02-10-2020
  • Auditor resignation, EY bedrijfsrevisoren BV (statutory auditor)
  • Director discharge, EY bedrijfsrevisoren BV (statutory auditor)
  • Auditor appointment, KPMG Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Filip De Bock
  • Permanent representative, Dirk Deroost
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2 directors appointed, 2 resignationsPermanent representatives: Koen Claesen, Christophe Beckers, Josephus de Wit, Dirk Deroost and Jeroen Benats · Resignations: Dirk Deroost and Contribute Group NV · Appointments: Josephus de Wit and De Cronos Groep NV · General meeting of 10-12-201911 points ▸
  • Board meeting, 25-11-2019
  • Permanent representative, Koen Claesen
  • Permanent representative, Christophe Beckers
  • General meeting, 10-12-2019
  • Director resignation, Dirk Deroost
  • Director resignation, Contribute Group NV
  • Permanent representative, Josephus de Wit, mentioned twice in the deed
  • Director appointment, Josephus de Wit
  • Director appointment, De Cronos Groep NV
  • Permanent representative, Dirk Deroost
  • Permanent representative, Jeroen Benats

Open the deed in the Belgian Official Gazette

2019
Incorporation PDF6 publications in the Belgian Official Gazette, the last on 26-01-2023

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

In 2022 the company took the name Shape & Shift.1 SHAPE & SHIFT has filed 3 sets of annual accounts, the latest for financial year 2022.2 In 2023 the company was absorbed by merger into The Value Hub.3

  1. 1Belgian Official Gazette, 15-06-2022
  2. 2National Bank, annual accounts 2022
  3. 3Belgian Official Gazette, 26-01-2023

Company details

Inactive

Absorbed by The Value Hub in January 2023

SHAPE & SHIFT is no longer in the KBO register. The Value Hub took it over in a merger by absorption, published in the Belgian Official Gazette on 26 January 2023.

Status
Inactive
Reason
Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 26 January 2023 · deed
Absorbed by
The Value Hub · 0778.465.877
Last annual accounts
financial year to 31 December 2022
Last registered office
Diamantstraat 10, 2200 Herentalsas published on 26 January 2023
Legal form
Public limited company
First annual accounts
financial year 2020
Official KBO record

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