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SheCorp

Active
Private limited companyfounded 201313 yrs activeLandbouwersstraat 37, 1040 Etterbeek, BelgiumKBO/BCE: BE 0521.876.628
Summary

SheCorp has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €11k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 71% of 7058 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability74▲+8
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.9 against 3.23 in 2024; short-term debt: 24.7% and cash: 94.4% of total assets), and 24.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
75.3%
Return on assets
3.9%
Age of the figures
9 mo
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 13 years 0 20 y
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
31 d late
2023
42 d late
2021
31 d late
2020
31 d late
2019
122 d late
2018
31 d late
← before the deadline after the deadline →
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 months
Position in the running window
25-09-2026 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

Financials · fiscal year 2025, micro schema

Equity
€203k▲ 5.5%
2024 · €193k
2018: €62klowest value 2019: €74k▲ +19.9% vs 2018 2020: €90k▲ +21.2% vs 2019 2021: €117k▲ +29.5% vs 2020 2023: €161k 2024: €193k▲ +19.6% vs 2023 2025: €203k▲ +5.5% vs 2024highest value
2018 → 2025
Total assets
€270k▼ 1.9%
2024 · €275k
2018: €324k 2019: €349k▲ +7.7% vs 2018 2020: €351k▲ +0.4% vs 2019highest value 2021: €198k▼ -43.7% vs 2020lowest value 2023: €294k 2024: €275k▼ -6.5% vs 2023 2025: €270k▼ -1.9% vs 2024
2018 → 2025
Net result
€11k▼ 66.5%
2024 · €32k
2018: €7klowest value 2019: €12k▲ +69.4% vs 2018 2020: €16k▲ +27.8% vs 2019 2021: €27k▲ +68.4% vs 2020 2023: €22k 2024: €32k▲ +45.8% vs 2023highest value 2025: €11k▼ -66.5% vs 2024
2018 → 2025
Working capital
€193k▲ 5.1%
2024 · €184k
2018: €81k 2019: €77k▼ -5.2% vs 2018lowest value 2020: €90k▲ +16.5% vs 2019 2021: €116k▲ +29.5% vs 2020 2023: €152k 2024: €184k▲ +20.7% vs 2023 2025: €193k▲ +5.1% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202320242025Trend
Equity€90k-€117k▲ 29.5%€161k▲ 38.3%€193k▲ 19.6%€203k▲ 5.5% 2020: €90klowest value 2021: €117k▲ +29.5% vs 2020 2023: €161k 2024: €193k▲ +19.6% vs 2023 2025: €203k▲ +5.5% vs 2024highest value
Operating result€24k-€40k▲ 68.1%€33k▼ 18.0%€43k▲ 29.8%€11k▼ 74.6% 2020: €24k 2021: €40k▲ +68.1% vs 2020 2023: €33k 2024: €43k▲ +29.8% vs 2023highest value 2025: €11k▼ -74.6% vs 2024lowest value
Net result€16k-€27k▲ 68.4%€22k▼ 18.5%€32k▲ 45.8%€11k▼ 66.5% 2020: €16k 2021: €27k▲ +68.4% vs 2020 2023: €22k 2024: €32k▲ +45.8% vs 2023highest value 2025: €11k▼ -66.5% vs 2024lowest value
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2020: €24k€24kNet result 2020: €16k€16kOperating result 2021: €40k€40kNet result 2021: €27k€27kOperating result 2023: €33k€33kNet result 2023: €22k€22kOperating result 2024: €43k€43kNet result 2024: €32k€32kOperating result 2025: €11k€11kNet result 2025: €11k€11k20202021202320242025€0€20k€40kOperating result 2023: €33k€33kNet result 2023: €22k€22kOperating result 2024: €43k€43kNet result 2024: €32k€32kOperating result 2025: €11k€11kNet result 2025: €11k€11k202320242025
The operating result falls in 2025; 2025 is 75% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets €10k ▲ 12.8%
Current assets €259k ▼ 2.4%
Equity and liabilities €270k
Equity €203k ▲ 5.5%
Debt €67k ▼ 19.1%
Debt's share of the balance-sheet total falls from 29.9% to 24.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11k
Cash flow
€11k
Current ratio
3.90▲
2024 · 3.23
Debt to equity
0.33▼
2024 · 0.43
ROE
5.2%▼
2024 · 16.4%
ROA
3.9%▼
2024 · 11.5%
Interest coverage
57.18
Debt ≤ 1 year
€67k▼
2024 · €82k
Income taxes
€5k▼
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€275k€270k▼
Fixed assets21/28€9k€10k▲
Tangible fixed assets22/27€9k€10k▲
Furniture and vehicles24-€1k
Other tangible fixed assets26€9k€9k=
Financial fixed assets28€90€90=
Current assets29/58€266k€259k▼
Amounts receivable within one year40/41€151k€5k▼
Trade receivables40€598€2k▲
Other amounts receivable41€150k€3k▼
Cash at bank and in hand54/58€110k€255k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€275k€270k▼
Equity10/15€193k€203k▲
Contributions10/11€6k€6k=
Reserves13€133k€143k▲
Distributable reserves133€133k€143k▲
Profit (loss) carried forward14€54k€54k=
Amounts payable17/49€82k€67k▼
Amounts payable within one year42/48€82k€67k▼
Trade debts44€147€3k▲
Suppliers440/4€147€3k▲
Taxes, remuneration and social security45€25k€7k▼
Taxes450/3€25k€7k▼
Other amounts payable47/48€57k€57k▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€126
Gross operating margin9900€43k€11k▼
Operating profit (loss)9901€43k€11k▼
Financial income75/76B€5k€5k=
Recurring financial income75€5k€5k=
Financial charges65/66B€180€192▲
Recurring financial charges65€180€192▲
Profit (loss) for the period before taxes9903€48k€16k▼
Income taxes67/77€16k€5k▼
Profit (loss) for the period9904€32k€11k▼
Profit (loss) for the period to be appropriated9905€32k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€85k€64k▼
Profit (loss) brought forward from the previous period14P€54k€54k=
Transfer to equity691/2€32k€11k▼
To other reserves6921€32k€11k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€126-
Gross operating margin9900€24k€40k€33k€43k€11k▼ 74.3%
Operating profit (loss)9901€24k€40k€33k€43k€11k▼ 74.6%
Financial income75/76B---€5k€5k=
Recurring financial income75---€5k€5k=
Financial charges65/66B-€233€377€180€192▲ 6.4%
Recurring financial charges65€161€233€377€180€192▲ 6.4%
Profit (loss) for the period before taxes9903€24k€40k€32k€48k€16k▼ 66.6%
Income taxes67/77€8k€13k€11k€16k€5k▼ 67.0%
Profit (loss) for the period9904€16k€27k€22k€32k€11k▼ 66.5%
Profit (loss) for the period to be appropriated9905€16k€27k€22k€32k€11k▼ 66.5%
Line20202021202320242025Change
Assets
Total assets20/58€351k€198k€294k€275k€270k▼ 1.9%
Fixed assets21/28€90€90€9k€9k€10k▲ 12.8%
Tangible fixed assets22/27--€9k€9k€10k▲ 12.9%
Furniture and vehicles24----€1k-
Other tangible fixed assets26--€9k€9k€9k=
Financial fixed assets28€90€90€90€90€90=
Current assets29/58€350k€197k€285k€266k€259k▼ 2.4%
Amounts receivable within one year40/41€30k€49k€46k€151k€5k▼ 96.8%
Trade receivables40-€49k€45k€598€2k▲ 184%
Other amounts receivable41--€973€150k€3k▼ 97.9%
Cash at bank and in hand54/58€320k€149k€239k€110k€255k▲ 132%
Deferred charges and accrued income490/1---€5k--
Equity and liabilities
Total equity and liabilities10/49€351k€198k€294k€275k€270k▼ 1.9%
Equity10/15€90k€117k€161k€193k€203k▲ 5.5%
Contributions10/11-€6k€6k€6k€6k=
Reserves13€30k€56k€101k€133k€143k▲ 8.0%
Non-distributable reserves130/1-€2k€2k---
Reserves not available under the articles1311-€2k€2k---
Distributable reserves133-€55k€99k€133k€143k▲ 8.0%
Profit (loss) carried forward14€54k€54k€54k€54k€54k=
Amounts payable17/49€261k€81k€133k€82k€67k▼ 19.1%
Amounts payable within one year42/48€261k€81k€133k€82k€67k▼ 19.1%
Trade debts44-€599€10k€147€3k▲ 1,731%
Suppliers440/4-€599€10k€147€3k▲ 1,731%
Advances received on contracts in progress46--€54k---
Taxes, remuneration and social security45-€21k€11k€25k€7k▼ 71.7%
Taxes450/3-€21k€11k€25k€7k▼ 71.7%
Other amounts payable47/48-€59k€57k€57k€57k▼ 0.7%
Line20202021202320242025Change
Profit (loss) for the period9904€16k€27k€22k€32k€11k▼ 66.5%
+ Depreciation and write-downs630----€126-
Operating cash flow (approximation)€16k€27k€22k€32k€11k▼ 66.1%
Investment in fixed assets (approximation)-€0-€0€-1k-
Change in cash-€-172k-€-129k€145k▲ 212%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-08
State Gazette act General meeting · Director reappointment
Permanent representative
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Equity above €200kEq €203k ▲5.5%
7 profitable years in a row build equity to €203k.
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial Highest result since 2018net €32k ▲45.8%
Operating result €43k, net result €32k, both a record.
11-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial Equity above €150kEq €161k ▲38.3%
5 profitable years in a row build equity to €161k.
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Equity above €100kEq €117k ▲29.5%
4 profitable years in a row build equity to €117k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Show earlier events
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
404 m²
Building footprint
148 m²
Volume, LiDAR
1,454 m³
Parcel 21362B0055/00Y014, Brussels · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
SheCorp
Landbouwersstraat 37, 1040 EtterbeekActivities of head offices; management consultancy activities
since 20132.217.443.952
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21362B0055/00Y014 Brussels 404 m² 1 · 148 m² 14.9 m · 3 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.

Structure & network

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,230 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
Founded08-03-2013
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.