SHEFA
Annual accounts 2024
micro format, filed on 15-06-2025, 46 days before the deadlineAnnual accounts 2025 filed on 06-07-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €90,000 and €270,000.
Balance sheet
balance sheet total €220,570 on 31-12-2024in euro
in euro
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
220,570 | 205,637 | 215,078 | 214,872 | 227,792 | 252,346 | 262,316 | 267,962 | 284,874 | 298,566 | 284,591 | 274,713 | 285,441 | 268,529 | 264,621 | 262,790 | 241,637 | 234,320 | 237,572 | |
20 |
1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | 1,888 | |
21/28 |
207,559 | 199,895 | 206,985 | 210,215 | 219,804 | 229,896 | 242,117 | 254,416 | 263,462 | 278,966 | 278,180 | 272,084 | 264,065 | 255,343 | 261,762 | 253,951 | 233,498 | 228,676 | 236,888 | |
22/27 |
206,818 | 199,154 | 206,244 | 209,473 | 219,063 | 229,155 | 241,375 | 253,675 | 262,720 | 276,336 | 275,550 | 269,454 | 261,435 | 252,714 | 259,419 | 251,608 | 231,155 | 226,788 | 235,000 | |
22 |
190,324 | 192,501 | 196,477 | 200,625 | 206,436 | 212,749 | 221,190 | 229,632 | 238,074 | 246,761 | 255,978 | 247,196 | 252,890 | 242,287 | 247,016 | 237,099 | 214,541 | 222,567 | 230,595 | |
23 |
15,217 | 6,653 | 9,767 | 8,848 | 12,627 | 16,406 | 20,185 | 24,043 | 24,647 | 29,575 | 19,571 | 22,258 | 8,545 | 10,427 | 12,308 | 14,320 | 16,331 | 3,843 | 4,405 | |
24 |
1,276 | - | - | - | - | - | - | - | - | - | - | - | - | - | 95 | 189 | 283 | 378 | - | |
28 |
741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 741 | 455 | 455 | 455 | - | - | |
29/58 |
11,123 | 3,853 | 6,205 | 2,769 | 6,099 | 20,562 | 18,311 | 11,658 | 19,524 | 19,600 | 6,412 | 2,629 | 21,376 | 13,186 | 2,859 | 8,839 | 8,139 | 5,644 | 684 | |
40/41 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,024 | - | - | - | 335 | - | |
40 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5,024 | - | - | - | 335 | - | |
54/58 |
9,325 | 2,164 | 4,659 | 2,175 | 760 | 16,440 | 12,642 | 8,598 | 17,503 | 17,479 | 5,195 | 1,793 | 20,389 | 8,161 | 2,534 | 8,649 | 8,139 | 5,309 | 684 | |
490/1 |
1,798 | 1,689 | 1,545 | 594 | 5,339 | 4,121 | 5,669 | 3,059 | 2,021 | 2,121 | 1,216 | 836 | 988 | - | 325 | 190 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
220,570 | 205,637 | 215,078 | 214,872 | 227,792 | 252,346 | 262,316 | 267,962 | 284,874 | 298,566 | 284,591 | 274,713 | 285,441 | 268,529 | 264,621 | 262,790 | 241,637 | 234,320 | 237,572 | |
10/15 |
120,191 | 105,067 | 85,651 | 58,514 | 43,690 | 46,962 | 37,510 | 45,905 | 45,577 | 50,288 | 49,158 | 45,122 | 43,852 | 34,791 | 38,486 | 38,551 | 38,319 | 38,336 | 36,818 | |
10/11 |
30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
10 |
30,987 | 30,987 | 30,987 | 30,987 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | 30,987 | |
13 |
7,649 | 7,649 | 7,649 | 7,044 | 6,303 | 6,303 | 5,830 | 5,830 | 5,814 | 5,814 | 5,757 | 5,556 | 5,492 | 4,689 | 4,689 | 4,689 | 4,689 | 4,689 | 4,613 | |
130/1 |
3,099 | 3,099 | 3,099 | 2,494 | 1,753 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
3,099 | 3,099 | 3,099 | 2,494 | 1,753 | 1,753 | 1,280 | 1,280 | 1,264 | 1,264 | 1,207 | 1,005 | 942 | 139 | 139 | 139 | 139 | 139 | 63 | |
133 |
4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | 4,550 | |
14 |
81,555 | 66,432 | 47,015 | 20,483 | 6,400 | 9,673 | 693 | 9,088 | 8,776 | 13,487 | 12,414 | 8,580 | 7,374 | -884 | 2,810 | 2,875 | 2,643 | 2,660 | 1,218 | |
17/49 |
100,380 | 100,570 | 129,427 | 156,358 | 184,102 | 205,384 | 224,806 | 222,057 | 239,297 | 248,278 | 235,433 | 229,591 | 241,589 | 233,738 | 226,135 | 224,239 | 203,318 | 195,984 | 200,754 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,255 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,255 | |
42/48 |
98,230 | 99,428 | 129,427 | 156,358 | 183,632 | 204,809 | 215,613 | 222,057 | 239,297 | 248,278 | 234,835 | 229,591 | 241,369 | 233,738 | 226,135 | 224,239 | 203,318 | 195,984 | 188,499 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13,809 | 25,800 | |
44 |
1,346 | 5,285 | 2,331 | 1,831 | 1,076 | 927 | 95 | - | 2,289 | 2,304 | 2,023 | 3,788 | 3,838 | 6,145 | 208 | 11,344 | - | - | 338 | |
440/4 |
1,346 | 5,285 | 2,331 | 1,831 | 1,076 | 927 | 95 | - | 2,289 | 2,304 | 2,023 | 3,788 | 3,838 | 6,145 | 208 | 11,344 | - | - | 338 | |
45 |
13,629 | 7,965 | 10,464 | 8,925 | 4,420 | 9,671 | 3,307 | 2,245 | 3,691 | 4,785 | 1,933 | 1,379 | 2,995 | 2,396 | 4,132 | 1,486 | - | - | - | |
450/3 |
12,733 | 7,068 | 9,568 | 2,700 | 227 | 4,362 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
454/9 |
897 | 897 | 897 | 6,225 | 4,193 | 5,309 | 3,307 | 2,245 | 3,691 | 4,785 | 1,933 | 1,379 | 2,995 | 2,396 | 4,132 | 1,486 | - | - | - | |
47/48 |
83,255 | 86,179 | 116,632 | 145,602 | 178,137 | 194,211 | 212,211 | 219,812 | 233,317 | 241,189 | 230,879 | 224,424 | 234,535 | 225,196 | 221,795 | 211,409 | 203,318 | 182,175 | 162,361 | |
492/3 |
2,149 | 1,141 | - | - | 470 | 575 | 9,193 | - | - | - | 598 | - | 220 | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
76A |
- | 1,547 | - | - | - | - | - | 2,350 | 2,802 | - | - | - | - | - | - | - | - | - | - | |
9900 |
37,050 | 43,249 | 51,542 | 49,287 | 29,640 | 53,042 | 27,783 | 37,695 | 27,780 | 37,851 | 39,172 | 27,245 | 43,291 | 41,588 | 38,569 | 37,329 | 38,770 | 34,344 | 37,049 | |
62 |
- | - | 1,429 | 18,774 | 18,554 | 18,280 | 17,439 | 16,462 | 12,711 | 16,789 | 15,466 | 10,999 | 11,490 | 10,689 | 10,281 | 10,478 | - | - | - | |
630 |
6,043 | 7,090 | 8,342 | 9,589 | 10,092 | 12,221 | 12,299 | 13,851 | 13,616 | 14,577 | 13,041 | 11,088 | 9,127 | 14,378 | 13,476 | 11,347 | 10,133 | 8,684 | 8,588 | |
640/8 |
10,723 | 10,250 | 5,018 | 860 | 8,063 | 8,697 | 6,403 | 6,788 | 5,368 | 5,343 | 6,550 | 5,293 | 6,326 | 5,749 | 4,431 | 5,201 | 5,452 | 5,098 | 5,019 | |
9901 |
20,284 | 25,909 | 36,753 | 20,064 | -7,069 | 13,844 | -8,358 | 595 | -3,915 | 1,143 | 4,116 | -135 | 16,348 | 10,772 | 10,381 | 10,303 | 23,185 | 20,562 | 23,442 | |
75/76B |
548 | 749 | 0 | - | 1 | - | 0 | - | - | 2 | 1 | 2,496 | 11 | 45 | 11 | 36 | 68 | 8 | - | |
75 |
548 | 749 | 0 | - | 1 | - | 0 | - | - | 2 | 1 | 2,496 | 11 | 45 | 11 | 36 | 68 | 8 | - | |
65/66B |
44 | 173 | 49 | 2,540 | 340 | 30 | 37 | 267 | 785 | 16 | 80 | 1,088 | 296 | 14,511 | 461 | 102 | 1,268 | 2,046 | 3,917 | |
65 |
44 | 173 | 49 | 2,540 | 340 | 30 | 37 | 267 | 785 | 16 | 80 | 1,088 | 296 | 14,511 | 461 | 102 | 1,268 | 2,046 | 3,917 | |
9903 |
20,788 | 26,485 | 36,704 | 17,524 | -7,408 | 13,814 | -8,395 | 329 | -4,701 | 1,130 | 4,036 | 1,273 | 16,063 | -3,694 | 9,931 | 10,237 | 21,985 | 18,524 | 19,525 | |
67/77 |
5,665 | 7,068 | 9,568 | 2,700 | -4,135 | 4,362 | - | - | 11 | - | 0 | 3 | 2 | 1 | -4 | 5 | 2 | 6 | - | |
9904 |
15,124 | 19,416 | 27,137 | 14,824 | -3,273 | 9,452 | -8,395 | 329 | -4,711 | 1,130 | 4,036 | 1,270 | 16,061 | -3,695 | 9,935 | 10,232 | 21,983 | 18,518 | 19,525 | |
9905 |
15,124 | 19,416 | 27,137 | 14,824 | -3,273 | 9,452 | -8,395 | 329 | -4,711 | 1,130 | 4,036 | 1,270 | 16,061 | -3,695 | 9,935 | 10,232 | 21,983 | 18,518 | 19,525 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
81,555 | 66,432 | 47,620 | 21,224 | 6,400 | 10,145 | 693 | 9,105 | 8,776 | 13,544 | 12,616 | 8,643 | 15,177 | -884 | 12,810 | 12,875 | 24,643 | 19,736 | 19,391 | |
14P |
66,432 | 47,015 | 20,483 | 6,400 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 605 | 741 | - | 473 | - | 16 | - | 56 | 202 | 63 | 803 | - | - | - | - | 76 | 63 | |
6920 |
- | - | 605 | 741 | - | 473 | - | 16 | - | 56 | 202 | 63 | 803 | - | - | - | - | 76 | 63 | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | 7,000 | - | 10,000 | 10,000 | 22,000 | 17,000 | 18,110 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | 7,000 | - | 10,000 | 10,000 | 22,000 | 17,000 | 18,110 | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | 1 | 1 | 0.5 | 0.5 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | - | - | - | |
Hours worked1013 |
- | - | 120 | 878 | 915 | 800 | 431 | 874 | 750 | 850 | 850 | 690 | 735 | 730 | 242 | 826 | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 13 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 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 2024 (PDF), filed on 15-06-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-07-2026 | 2026-00256872 | |
| 31-12-2024 | micro format | 15-06-2025 | 2025-00139826 | |
| 31-12-2023 | micro format | 27-06-2024 | 2024-00173569 | |
| 31-12-2022 | micro format | 10-08-2023 | 2023-00323255 | |
| 31-12-2021 | micro format | 11-08-2022 | 2022-20283435 | |
| 31-12-2020 | micro format | 02-07-2021 | 2021-30500268 | |
| 31-12-2019 | micro format | 24-08-2020 | 2020-43700331 | |
| 31-12-2018 | micro format | 24-09-2019 | 2019-65700140 | |
| 31-12-2017 | micro format | 24-07-2018 | 2018-36800306 | |
| 31-12-2016 | micro format | 04-08-2017 | 2017-41300466 | |
| 31-12-2015 | abbreviated format | 29-07-2016 | 2016-38300001 | |
| 31-12-2014 | abbreviated format | 05-08-2015 | 2015-40000105 | |
| 31-12-2013 | abbreviated format | 01-08-2014 | 2014-38900526 | |
| 31-12-2012 | abbreviated format | 14-08-2013 | 2013-42600046 | |
| 31-12-2011 | abbreviated format | 31-07-2012 | 2012-36800161 | |
| 31-12-2010 | abbreviated format | 22-07-2011 | 2011-32500201 | |
| 31-12-2009 | abbreviated format | 13-07-2010 | 2010-30000467 | |
| 31-12-2008 | abbreviated format | 15-09-2009 | 2009-76000048 | |
| 31-12-2007 | abbreviated format | 29-08-2008 | 2008-68800273 | |
| 31-12-2006 | abbreviated format | 25-09-2007 | 2007-73600081 | |
| 31-12-2005 | abbreviated format | 29-08-2006 | 2006-70503618 | |
| 31-12-2004 | abbreviated format | 23-08-2005 | 2005-65201097 | |
| 31-12-2003 | abbreviated format | 01-06-2004 | 2004-18202751 | |
| 31-12-2002 | abbreviated format | 04-08-2003 | 2003-59700253 | |
| 31-12-2001 | abbreviated format | 15-11-2002 | 2002-72001863 | |
| 31-12-2000 | abbreviated format | 24-09-2001 | 2001-58300558 | |
| 31-12-1999 | abbreviated format | 26-07-2000 | 2000-46200884 | |
| 31-12-1998 | abbreviated format | 10-09-1999 | 1999-45501220 | |
| 31-12-1997 | abbreviated format | 07-12-1998 | 1998-60404925 | |
| 31-12-1996 | abbreviated format | 21-10-1997 | 1997-50000268 | |
| 31-12-1995 | abbreviated format | 16-09-1996 | 1996-43703129 | |
| 31-12-1994 | abbreviated format | 19-02-1996 | 1996-02700629 | |
| 31-12-1992 | abbreviated format | 28-03-1994 | 1994-04802853 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26,327 | 32,999 | 45,095 | 29,653 | 3,023 | 26,064 | 3,942 | 14,446 | 9,701 | 15,720 | 17,157 | 10,952 | 25,475 | 25,150 | 23,857 | 21,650 | 33,318 | 29,246 | 32,030 | ||
| 21,167 | 26,506 | 35,479 | 24,414 | 6,819 | 21,673 | 3,904 | 14,179 | 8,905 | 15,707 | 17,077 | 12,358 | 25,188 | 10,683 | 23,411 | 21,579 | 32,116 | 27,202 | 28,113 | ||
| 13,707 | 0 | 5,112 | 0 | 0 | 0 | 0 | 4,805 | -1,888 | 15,364 | 19,137 | 19,107 | 17,848 | 7,959 | 21,287 | 31,800 | 14,955 | 472 | 4,966 | ||
| 7,160 | -2,495 | 2,484 | 1,415 | -15,680 | 3,799 | 4,043 | -8,904 | 24 | 12,284 | 3,402 | -18,595 | 12,227 | 5,627 | -6,115 | 510 | 2,830 | 4,625 | - | ||
| -87,108 | -95,575 | -123,223 | -153,589 | -177,533 | -184,247 | -197,302 | -210,399 | -219,773 | -228,678 | -228,423 | -226,962 | -219,992 | -220,552 | -223,276 | -215,400 | -195,179 | -190,340 | -187,815 | ||
| 54.5% | 51.1% | 39.8% | 27.2% | 19.2% | 18.6% | 14.3% | 17.1% | 16.0% | 16.8% | 17.3% | 16.4% | 15.4% | 13.0% | 14.5% | 14.7% | 15.9% | 16.4% | 15.5% | ||
| 0.11 | 0.04 | 0.05 | 0.02 | 0.03 | 0.10 | 0.08 | 0.05 | 0.08 | 0.08 | 0.03 | 0.01 | 0.09 | 0.06 | 0.01 | 0.04 | 0.04 | 0.03 | 0.00 | ||
| 0.84 | 0.96 | 1.51 | 2.67 | 4.21 | 4.37 | 5.99 | 4.84 | 5.25 | 4.94 | 4.79 | 5.09 | 5.51 | 6.72 | 5.88 | 5.82 | 5.31 | 5.11 | 5.45 | ||
| 12.6% | 18.5% | 31.7% | 25.3% | -7.5% | 20.1% | -22.4% | 0.7% | -10.3% | 2.2% | 8.2% | 2.8% | 36.6% | -10.6% | 25.8% | 26.5% | 57.4% | 48.3% | 53.0% | ||
| 6.9% | 9.4% | 12.6% | 6.9% | -1.4% | 3.7% | -3.2% | 0.1% | -1.7% | 0.4% | 1.4% | 0.5% | 5.6% | -1.4% | 3.8% | 3.9% | 9.1% | 7.9% | 8.2% | ||
| over 100 | over 100 | over 100 | 11.68 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
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
| Item | 31-12-2022 | 31-12-2021 |
|---|---|---|
| Employees at the balance-sheet date | - | 1 |
| part-time | - | 1 |
| in full-time equivalents | - | 0.5 |
| 0.2 | 0.5 | |
| On a permanent contract | - | 1 |
| Joined | 0 | - |
| Left | 1 | - |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €13,707 | - | €5,112 | - |
| €6,043 | €7,090 | €8,342 | €9,589 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on SHEFA
The operating result for 2024 is 22% lower than in 2023 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 48.9% to 45.5%. Equity is higher and debt is lower.