Shift Forward Consultancy
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Shift Forward Consultancy has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146,685 and a net result of €60,730. Equity is growing by about 68% per year across the filed financial years. Its solvency ranks better than 92% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 25-04-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Cauwenbergstraat 15, 9420 Erpe-Mere
- Activity
- Computer consultancy and computer facilities management NACE 62200and 10 others
- Establishment unit
- 2.344.985.787 9420 Erpe-Mere, since 25-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-07-2025
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €81,787
- ▲ 9.3%
- Turnover
- ≈ €160,000
- estimated
- Profit
- €60,730
- ▲ 9.8%
- Equity
- €146,685
- ▲ 70.7%
- Total assets
- €157,962
- ▲ 51.1%
Why 98lowers riskLiquidity: current ratio 14.11, cash €116,947Sector: Computer programming, consultancy and related activities (NACE 62)Equity €146,685 (92.9% of total assets)Size: total assets €157,962Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 85% on solvency, 96% on liquidity, 82% on profitability and 85% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 62 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 24-02-2026
- Format
- micro format
- Reference
- 2026-00042647
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €177 | €1,083 | €1,776 | ▲ 63.9% |
| Other operating charges640/8 | €64 | €152 | €216 | ▲ 42.2% |
| Non-recurring operating charges66A | - | - | €466 | - |
| Gross operating margin9900 | €36,564 | €74,839 | €81,787 | ▲ 9.3% |
| Operating profit (loss)9901 | €36,323 | €73,604 | €79,329 | ▲ 7.8% |
| Financial income75/76B | €5 | €6 | €0 | ▼ 99.6% |
| Recurring financial income75 | €5 | €6 | €0 | ▼ 99.6% |
| Financial charges65/66B | €1,391 | €3,586 | €2,546 | ▼ 29.0% |
| Recurring financial charges65 | €1,391 | €3,586 | €2,546 | ▼ 29.0% |
| Profit (loss) for the period before taxes9903 | €34,937 | €70,023 | €76,783 | ▲ 9.7% |
| Income taxes67/77 | €7,298 | €14,707 | €16,053 | ▲ 9.2% |
| Profit (loss) for the period9904 | €27,639 | €55,316 | €60,730 | ▲ 9.8% |
| Profit (loss) for the period to be appropriated9905 | €27,639 | €55,316 | €60,730 | ▲ 9.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €52,648 | €104,564 | €157,962 | ▲ 51.1% |
| Fixed assets21/28 | €2,447 | €6,927 | €5,006 | ▼ 27.7% |
| Tangible fixed assets22/27 | €2,447 | €6,927 | €5,006 | ▼ 27.7% |
| Plant, machinery and equipment23 | €2,447 | €6,927 | €5,006 | ▼ 27.7% |
| Current assets29/58 | €50,201 | €97,638 | €152,956 | ▲ 56.7% |
| Amounts receivable within one year40/41 | €25,852 | €12,135 | €14,435 | ▲ 18.9% |
| Trade receivables40 | €25,713 | €10,225 | €14,275 | ▲ 39.6% |
| Other amounts receivable41 | €140 | €1,911 | €160 | ▼ 91.6% |
| Current investments50/53 | - | - | €16,000 | - |
| Cash at bank and in hand54/58 | €21,138 | €82,179 | €116,947 | ▲ 42.3% |
| Deferred charges and accrued income490/1 | €3,211 | €3,324 | €5,575 | ▲ 67.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €52,648 | €104,564 | €157,962 | ▲ 51.1% |
| Equity10/15 | €30,639 | €85,955 | €146,685 | ▲ 70.7% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €27,639 | €82,955 | €82,955 | = |
| Distributable reserves133 | €27,639 | €82,955 | €82,955 | = |
| Profit (loss) carried forward14 | - | - | €60,730 | - |
| Amounts payable17/49 | €22,010 | €18,610 | €11,277 | ▼ 39.4% |
| Amounts payable within one year42/48 | €21,933 | €17,735 | €10,842 | ▼ 38.9% |
| Trade debts44 | €2,820 | €1,267 | €1,376 | ▲ 8.6% |
| Suppliers440/4 | €2,820 | €1,267 | €1,376 | ▲ 8.6% |
| Taxes, remuneration and social security45 | €9,160 | €6,515 | €9,320 | ▲ 43.0% |
| Taxes450/3 | €9,160 | €5,915 | €9,320 | ▲ 57.6% |
| Remuneration and social security454/9 | - | €600 | €0 | ▼ 100% |
| Other amounts payable47/48 | €9,952 | €9,952 | €147 | ▼ 98.5% |
| Accrued charges and deferred income492/3 | €77 | €875 | €435 | ▼ 50.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,639 | €55,316 | €60,730 | ▲ 9.8% |
| + Depreciation and write-downs630 | €177 | €1,083 | €1,776 | ▲ 63.9% |
| Operating cash flow (approximation) | €27,816 | €56,399 | €62,506 | ▲ 10.8% |
| Investment in fixed assets (approximation) | - | -€5,563 | €145 | - |
| Change in cash | - | €61,041 | €34,768 | ▼ 43.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BUYL Pieter-Jan |
|
How the board is organised
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, aantal, duur opdracht en indien meerdere bevoegdheid”“Algemene kosten los van representatie-, reis- en verplaatsingskosten, onbezoldigd bij gebreke aan beslissing”“1”
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie indien geen andere vereffenaar benoemd”
Articles of association, deed of 27-04-2023 (in Dutch)
Owners and capital
Capital and shareholders
- BUYL Pieter-Jan 100 shares (100%) · €3,000 in cash
- 27-04-2023 Incorporation · €3,000 · 100 shares
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Aandelen moeten bij uitgifte worden volgestort tenzij bevoegd orgaan anders beslist, stortingsplicht”Other provision: “Toegang algemene vergadering, ingeschreven in register effecten op naam per categorie”Other provision: “Bestuurder, bij gebrek aanwezige aandeelhouder met meeste aandelen, bij pariteit oudste, zittingen processen-verbaal algemene vergadering”Other provision: “Bestuursorgaan, verdaging algemene vergadering”Other provision: “Bestemming winst reserves interimdividend, algemene vergadering”Liquidation distribution: “Goederen nog in natura op zelfde wijze, netto actief onder alle aandeelhouders naar verhouding aantal aandelen”2 more provisions in the deed, see the deed of 27-04-2023
Articles of association, deed of 27-04-2023 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
15-05
Gazette deed
PurposeGeneral meeting2 facts ▸
- General meeting, 11-05-2026
- Other provision, “vrijstelling voorlezing bijzonder verslag en kennisname stukken, bijzonder verslag van de bestuurder” (deed in Dutch)
27-04
Gazette deed
IncorporationAppointment: BUYL Pieter-Jan (director) · Founder · Founding capital10 facts ▸
- Incorporation, “Shift Forward Consultancy” (deed in Dutch)
- Founder, BUYL Pieter-Jan
- Founding capital, €3,000
- Other provision, “toereikendheid aanvangsvermogen, andere financieringsbronnen en voorgenomen bedrijvigheid” (deed in Dutch)
- Other provision, 21-04-2023
- Other provision, “waarschuwing oprichtersaansprakelijkheid, faillissement binnen drie jaar na oprichting indien aanvangsvermogen kennelijk ontoereikend voor voorgenomen activitei…” (deed in Dutch)
- Bank account, “bijzondere rekening geopend namens vennootschap in oprichting”, 100 (deed in Dutch)
- Capital
- Registered office clause, “9420 Erpe-Mere, Cauwenbergstraat 15” (deed in Dutch)
- Director appointment, BUYL Pieter-Jan (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Shift Forward Consultancy
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00
Articles of association, deed of 27-04-2023 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 41040B1091/00A000 | Flanders | 321 m² | 1 · 113 m² | - |