Shape Tomorrow
ActiveSummary
Shape Tomorrow has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,000 and a net result of €68,407. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency44▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.01 in 2024; short-term debt: 80.9% and cash: 56% of total assets), and 80.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.1%
Return on assets
56.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-03-2026, 130 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
130 d early
2024
12 d late
2023
29 d late
2022
18 d early
2021
25 d early
2020
95 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€23,000=
2024 · €23,000
Total assets
€120,455▲ 44.1%
2024 · €83,567
Net result
€68,407▲ 47.3%
2024 · €46,437
Working capital
€5,630▲ 796%
2024 · €628
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€61,573▼ 6.6%€48,671▼ 21.0%€55,737▲ 14.5%€59,489▲ 6.7%€87,567▲ 47.2%
Net result€47,366within the sector's middle half▼ 9.2%€36,609within the sector's middle half▼ 22.7%€43,728within the sector's middle half▲ 19.4%€46,437within the sector's middle half▲ 6.2%€68,407above the sector's middle half▲ 47.3%
Equity€13,000below the sector's middle half=€49,609within the sector's middle half▲ 282%€23,000below the sector's middle half▼ 53.6%€23,000below the sector's middle half=€23,000within the sector's middle half=
Total assets€79,747below the sector's middle half▼ 19.1%€76,668below the sector's middle half▼ 3.9%€76,168below the sector's middle half▼ 0.7%€83,567within the sector's middle half▲ 9.7%€120,455within the sector's middle half▲ 44.1%
Debt€66,747▼ 22.1%€27,059▼ 59.5%€53,168▲ 96.5%€60,567▲ 13.9%€97,455▲ 60.9%
Working capital€6,087▼ 43.9%€43,061▲ 607%€5,247▼ 87.8%€628▼ 88.0%€5,630▲ 796%
Solvency16.3%below the sector's middle half▲ 3.1pp64.7%within the sector's middle half▲ 48.4pp30.2%within the sector's middle half▼ 34.5pp27.5%within the sector's middle half▼ 2.7pp19.1%below the sector's middle half▼ 8.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120,455
Fixed assets
€17,370 ▼ 22.4%
Current assets
€103,085 ▲ 68.5%
Equity and liabilities €120,455
Equity
€23,000 =
Debt
€97,455 ▲ 60.9%
Debt's share of the balance-sheet total rises from 72.5% to 80.9%. Debt is higher.
Key figures and ratios
EBITDA
€92,569▲
2024 · €64,114
Cash flow
€73,409▲
2024 · €51,062
Current ratio
1.06▲
2024 · 1.01
Debt to equity
4.24▲
2024 · 2.63
ROE
297.4%▲
2024 · 201.9%
ROA
56.8%▲
2024 · 55.6%
Interest coverage
712.07▲
2024 · 297.98
Debt ≤ 1 year
€97,455▲
2024 · €60,567
Income taxes
€19,031▲
2024 · €13,202
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,703 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,753 | €3,132 | €3,563 | €4,625 | €5,002 | ▲ 8.2% |
| Other operating charges640/8 | - | €348 | €384 | €387 | €414 | ▲ 6.8% |
| Gross operating margin9900 | €63,326 | €52,151 | €59,685 | €64,501 | €92,983 | ▲ 44.2% |
| Operating profit (loss)9901 | €61,573 | €48,671 | €55,737 | €59,489 | €87,567 | ▲ 47.2% |
| Financial income75/76B | - | - | €152 | €365 | €1 | ▼ 99.8% |
| Recurring financial income75 | - | - | €152 | €365 | €1 | ▼ 99.8% |
| Financial charges65/66B | €100 | €303 | €222 | €215 | €130 | ▼ 39.6% |
| Recurring financial charges65 | €100 | €303 | €222 | €215 | €130 | ▼ 39.6% |
| Profit (loss) for the period before taxes9903 | €61,473 | €48,368 | €55,667 | €59,638 | €87,438 | ▲ 46.6% |
| Income taxes67/77 | €14,107 | €11,759 | €11,939 | €13,202 | €19,031 | ▲ 44.2% |
| Profit (loss) for the period9904 | €47,366 | €36,609 | €43,728 | €46,437 | €68,407 | ▲ 47.3% |
| Profit (loss) for the period to be appropriated9905 | €47,366 | €36,609 | €43,728 | €46,437 | €68,407 | ▲ 47.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €79,747 | €76,668 | €76,168 | €83,567 | €120,455 | ▲ 44.1% |
| Fixed assets21/28 | €6,913 | €6,992 | €17,753 | €22,372 | €17,370 | ▼ 22.4% |
| Tangible fixed assets22/27 | €6,913 | €6,992 | €17,753 | €22,372 | €17,370 | ▼ 22.4% |
| Furniture and vehicles24 | €6,913 | €6,992 | €4,208 | €10,223 | €6,616 | ▼ 35.3% |
| Other tangible fixed assets26 | - | - | €13,545 | €12,149 | €10,753 | ▼ 11.5% |
| Current assets29/58 | €72,834 | €69,676 | €58,415 | €61,196 | €103,085 | ▲ 68.5% |
| Amounts receivable within one year40/41 | €37,920 | €68,729 | €34,961 | €35,777 | €35,572 | ▼ 0.6% |
| Trade receivables40 | €37,920 | €67,820 | €26,347 | €31,808 | €34,729 | ▲ 9.2% |
| Other amounts receivable41 | - | €910 | €8,614 | €3,969 | €843 | ▼ 78.8% |
| Cash at bank and in hand54/58 | €33,956 | €310 | €21,367 | €24,664 | €67,514 | ▲ 174% |
| Deferred charges and accrued income490/1 | €958 | €637 | €2,087 | €754 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €79,747 | €76,668 | €76,168 | €83,567 | €120,455 | ▲ 44.1% |
| Equity10/15 | €13,000 | €49,609 | €23,000 | €23,000 | €23,000 | = |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €10,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Distributable reserves133 | €10,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | - | €26,609 | - | €0 | €0 | - |
| Amounts payable17/49 | €66,747 | €27,059 | €53,168 | €60,567 | €97,455 | ▲ 60.9% |
| Amounts payable within one year42/48 | €66,747 | €26,615 | €53,168 | €60,567 | €97,455 | ▲ 60.9% |
| Trade debts44 | €3,233 | €15,910 | €4,397 | €7,170 | €15,479 | ▲ 116% |
| Suppliers440/4 | €3,233 | €15,910 | €4,397 | €7,170 | €15,479 | ▲ 116% |
| Taxes, remuneration and social security45 | €24,063 | €10,391 | €5,043 | €6,960 | €12,380 | ▲ 77.9% |
| Taxes450/3 | €24,063 | €10,391 | €5,043 | €6,960 | €12,380 | ▲ 77.9% |
| Other amounts payable47/48 | €39,451 | €314 | €43,728 | €46,437 | €69,595 | ▲ 49.9% |
| Accrued charges and deferred income492/3 | - | €444 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,366 | €36,609 | €43,728 | €46,437 | €68,407 | ▲ 47.3% |
| + Depreciation and write-downs630 | €1,753 | €3,132 | €3,563 | €4,625 | €5,002 | ▲ 8.2% |
| Operating cash flow (approximation) | €49,119 | €39,742 | €47,291 | €51,062 | €73,409 | ▲ 43.8% |
| Investment in fixed assets (approximation) | - | -€3,211 | -€14,323 | -€9,244 | €0 | ▲ 100% |
| Change in cash | - | -€33,646 | €21,058 | €3,297 | €42,849 | ▲ 1,200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €68,407 ▲47.3%
Operating result €87,567, net result €68,407, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €36,609 ▼22.7%
Net result drops to €36,609, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 2.62
Current ratio from 1.09 to 2.62; short-term debt falls from €66,747 to €26,615.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2019
Ground area
127 m²
Building footprint
85 m²
Volume, LiDAR
936 m³
Parcel 21012A0106/00E006, Brussels · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Shape Tomorrow
since 20192.294.365.843
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0106/00E006 | Brussels | 127 m² | 1 · 85 m² | 17.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900BLLJFX5QLPVX04
Similar companies · same sector, comparable size
PROFESSEUR A DE STREEL
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Sint-Lambrechts-Woluwe · Eq €23,002
INTERPILAAR
BE 0444.388.078
Kapellen · Eq €23,002
TIVECON
BE 1010.322.603
Mortsel · Eq €22,998
D.TUNA CONSULTING
BE 0778.352.744
Sint-Gillis (bij-Brussel) · Eq €23,005
PHILMOSSERVICES
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Verviers · Eq €22,991
Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 32,019 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0735845265
Also
9925:BE0735845265
Registered
06-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.