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SHIFT IT

Active
Private limited companyfounded 200124 yrs activeKauwlei 71, 2550 Kontich, BelgiumKBO/BCE: BE 0476.060.756

SHIFT IT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €2k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 94% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
80 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-57
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 18.61 against 19.39 in 2024; short-term debt: 5.1% and cash: 18% of total assets), and 5.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 24 years 0 30 y
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
94.9%
Return on assets
1.7%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2022
24 d late
2021
17 d late
2020
1 d early
2019
38 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close23-09-2026 today31-10-2026 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

Turnover
€129k
EBIT margin
21.8%
Net result
€2k▼ 93.1%
2024 · €35k
2019: €-6k 2020: €12k 2021: €37k 2022: €19k 2023: €-54k 2024: €35k
2019 → 2025
Working capital
€125k▲ 4.5%
2024 · €120k
2019: €51k 2020: €71k 2021: €106k 2022: €135k 2023: €81k 2024: €120k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€129k
Equity€131k-€150k▲ 14.6%€96k▼ 36.1%€130k▲ 36.4%€133k▲ 1.8%
Operating result€49k-€28k▼ 43.1%€-54k€34k€4k▼ 87.7%
Net result€37k-€19k▼ 48.9%€-54k€35k€2k▼ 93.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €49k€49kNet result 2021: €37k€37kOperating result 2022: €28k€28kNet result 2022: €19k€19kOperating result 2023: €-54k€-54kNet result 2023: €-54k€-54kOperating result 2024: €34k€34kNet result 2024: €35k€35kOperating result 2025: €4k€4kNet result 2025: €2k€2k20212022202320242025
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets €8k▼ 27.7%
Current assets €132k▲ 4.7%
Equity and liabilities €140k
Equity €133k▲ 1.8%
Debt €7k▲ 9.1%
The debt ratio rises from 4.8% to 5.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€8k
2024 · €39k
Cash flow
€6k
2024 · €40k
Solvency
94.9%
2024 · 95.2%
Current ratio
18.61
2024 · 19.39
Quick ratio
18.61
2024 · 19.39
Debt / equity
0.05
2024 · 0.05
ROE
1.8%
2024 · 26.7%
ROA
1.7%
2024 · 25.4%
Interest coverage
2.62
2024 · 98.10
Debt
€7k
2024 · €7k
Debt ≤ 1 year
€7k
2024 · €7k
Income taxes
€281
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€137k€140k
Fixed assets21/28€11k€8k
Tangible fixed assets22/27€11k€8k
Plant, machinery and equipment23€10k€7k
Furniture and vehicles24€249€713
Current assets29/58€126k€132k
Amounts receivable within one year40/41€33k€28k
Trade receivables40€12k-
Other amounts receivable41€21k€28k
Current investments50/53€64k€72k
Cash at bank and in hand54/58€24k€25k
Deferred charges and accrued income490/1€6k€7k
Equity and liabilities
Total equity and liabilities10/49€137k€140k
Equity10/15€130k€133k
Contributions10/11€86k€86k=
Reserves13€63k€63k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€61k€61k=
Profit (loss) carried forward14€-19k€-17k
Amounts payable17/49€7k€7k
Amounts payable within one year42/48€7k€7k
Trade debts44€973€2k
Suppliers440/4€973€2k
Taxes, remuneration and social security45€6k€5k
Taxes450/3€6k€3k
Remuneration and social security454/9-€2k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k
Other operating charges640/8€2k€167
Gross operating margin9900€41k€8k
Operating profit (loss)9901€34k€4k
Financial income75/76B€854€1k
Recurring financial income75€854€1k
Financial charges65/66B€400€3k
Recurring financial charges65€400€3k
Profit (loss) for the period before taxes9903€35k€3k
Income taxes67/77-€281
Profit (loss) for the period9904€35k€2k
Profit (loss) for the period to be appropriated9905€35k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-17k
Profit (loss) brought forward from the previous period14P€-54k€-19k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
31-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial Back to profitnet €35k
Net result €35k after one loss-making year.
31-03
Financial Liquidity quadruplescurrent ratio 19.39
Current ratio from 4.52 to 19.39; short-term debt falls from €23k to €7k.
31-03
Financial Equity above €100kEq €130k ▲36.4%
Equity rises from €96k to €130k.
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial Weakest financial yearnet €-54k ▼384%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
2022
24-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2021
17-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
31-03
Financial Highest result since 2019net €37k ▲222%
Operating result €49k, net result €37k, both a record.
31-03
Financial Equity above €100kEq €131k ▲39.9%
2 profitable years in a row build equity to €131k.
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial Back to profitnet €12k
Net result €12k after one loss-making year.
2019
23-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
24-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Kontich · 1 establishment unit since 2002
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kauwlei 712550 Kontich
Ground area
833 m²
Building footprint
158 m²
Volume, LiDAR
877 m³
Parcel 11602C0615/00X002, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kauwlei 71, 2550 Kontich
Scientific research and development
since 20022.101.542.909
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11602C0615/00X002 Flanders 833 m² 1 · 157 m² 11.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,900 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-11-2001
Fiscal year end31-03
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.