Skip to content

SHAPES MACHINING

Active
Private limited company (pre-2019)founded 199333 yrs activeNoordlaan 35, 8520 Kuurne, BelgiumKBO/BCE: BE 0451.019.217
Summary

SHAPES MACHINING has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of -€385,889. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 71 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch ReportCompare
SHAPES MACHININGActiveChecked score 61/100
Risk analysis ReportCompare

Overview

What they do
Manufacture of basic metals
NACE 24100Machining of metals NACE 25530Manufacture of fabricated metal products, except machinery and equipment NACE 25620
1 site
How big
€3.1mtotal assets 2025
Staff
17.2 FTE
Equity
€2.2m
Loss
-€385,889
Turnover not published (abridged schema)
Financially healthy?
61 Healthy Checked score 2025
Bankruptcy chance 12 m
0.5%
Who decides
Parent
SHAPES IMMO · 100%
Board
1 member
Accounts 4 d early1 of 6 deeds read
Why 61- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
61 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-10
Solvency95▲+76
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity short (current ratio 0.76 against 1.05 in 2024; short-term debt: 17.3% and cash: 4.5% of total assets), and 29.7% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Manufacture of basic metals (NACE 24)
about 47% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
70.3%
Return on assets
-12.6%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
7 d early
2023
6 d early
2022
4 d early
2021
3 d early
2020
5 d late
2019
51 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% 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. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointment: SHAPES METALWORKS (director)Permanent representative: Dirk Haerinck ·…
  2. Annual accounts filedfiscal year 2025 · abbreviated…
  3. Weakest financial yearnet -€385,889

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€385,889 View
  • Caution: Among the weakest 5% on net resultsector median €24,510 · 70 companies -€385,889 View
  • Caution: Board changedlatest change 16-07-2026 · 1 in office 1 joined · 1 left View
  • Controlled by SHAPES IMMOultimately: DACAR 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Flemish supportawarded 2022 - 2025 €63,150 View

By topic

Financials

Fiscal year
2025
Total assets
€3.1m
Loss
-€385,889
Solvency
70.3%
Total assets▼ 11.3%
Net result
20182025
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-07-2027
  1. 26-08-2026Appointment: SHAPES METALWORKS (director)
  2. 27-07-2026Annual accounts filed
  3. 31-12-2025Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Manufacture of basic metalsNACE 24100
Founded
28-09-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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 Is the workforce growing, and do people stay?Employer check 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 What other support did companies like this one receive, and it did not?Subsidies

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure