Equity
€64,818 from €176,364 in 2010
Equity fell by 63% in 16 years.
SHIFT IT
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2003peak €73,550 (2010)
-€63,554▼ €71,596
lowest -€67,827 (2026)
-€67,827▼ €70,228
peak €176,364 (2010)
€64,818▼ 51.1%
€2,835▼ 60.1%
Board2 names since 2023
2 directorsSCHENKELAARS Mike and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
24-10-20267 days before the deadline
2026micro format
Gross margin from €8,042 to -€63,554Loss of €67,827Equity from €132,645 to €64,818Debts from €7,099 to €2,835Cash from €25,094 to €9,086
Key points
from the 2026 annual accountsResult
-€67,827 -€67,827
From profit to loss in 2026, after a profit of €2,401 in 2025.
Position in the sector
-€67,827
Lower net result than 95% of companies in computer programming and consultancy. Sector median €30,968 · 656 companies.
Turnover not published (abbreviated or micro format)
Checked score
55
Fair
Financially stronger than 38% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €67,827 (financial year 2026)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €67,653
Equity €64,818 (95.8% of total assets)
Calculation
The band follows from the bankruptcy probability. 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). It does better than 85% of them on solvency, 50% on liquidity, 5% on profitability and 14% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as SHIFT IT has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SHIFT IT itself is lower: 0.1% within 12 months. It rests on far more data about SHIFT IT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for SHIFT IT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €3,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 22.09 (18.61 in 2025), above the usual 1.5. Short-term debt is 4.2% and cash 13.4% of total assets. 4.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-10-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
7 days early
2025
on the day
2024
1 day early
2023
1 day early
2022
24 days late
2021
17 days late
2020
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
- Els Van Gils 50%annual accounts 31-03-2018
- Mike Schenkelaars 50%annual accounts 31-03-2018
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476060756
2 managers resigning, 2 directors reappointed
Resignations: SCHENKELAARS Mike (manager) and VAN GILS Els (manager) · Reappointments: SCHENKELAARS Mike (director) and VAN GILS Els (director) · “Het opstellen,installeren,verwerken,wijzigen,aanpassen,aankopen en verkopen van computergegevens en…” (deed in Dutch) · Gazette deed
First establishment
Kauwlei 71, Kontich
Incorporation
published on 23-11-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SHIFT IT Kontich | €67,653 | -€63,554 | 95.8% | - |
| XPERT SERVICE Zoersel | €68,235 | -€13,946 | 65.8% | - |
| WE'LL INVEST Geel | €66,555 | -€4,863 | -664.7% | - |
| FOCUSDATA Ramillies | €68,620 | €873 | 89.6% | - |
| MARSAC ADVISORS Ixelles | €70,344 | -€1,361 | -34.4% | - |
| DOBEPRO Vilvoorde | €59,469 | -€6,746 | 72.0% | - |
| SIRIUS ONE Chaumont-Gistoux | €80,650 | -€6,215 | 22.9% | - |
These companies have the same main activity as SHIFT IT: computer programming (NACE 62100). They are comparable in size and age: total assets between €59,500 and €80,600, founded between 1999 and 2003.
Official details
Source: KBO- Status
- Active since 14-11-2001Normal situation
- Activity
- Computer programmingNACE 62100
- Establishment unit
- 2.101.542.9092550 Kontich, since 06-02-2002
- Financial year end
- 31 March
- Peppol
- Reachable since 09-02-2026
Annual accounts to 31-03-2026
- €67,653▼ 51.6%
- Filing
- Filed on 24-10-2026, 7 days before the end of the filing period
Insights on SHIFT IT
SHIFT IT files the micro format. That format states no turnover. The gross margin fell from €51,833 in 2007 to -€63,554 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about SHIFT IT
- What is the company number of SHIFT IT?
- The company number of SHIFT IT is 0476.060.756. The VAT number is the same number with BE in front: BE 0476.060.756.
- Where is SHIFT IT based?
- The registered office is at Kauwlei 71, 2550 Kontich.Company details
- What does SHIFT IT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of SHIFT IT?
- SHIFT IT is a private limited company (BV).
- When was SHIFT IT founded?
- SHIFT IT was founded on 14-11-2001.
- Is SHIFT IT still active?
- Yes, SHIFT IT is an active enterprise in the KBO register.
- What is the turnover of SHIFT IT?
- The annual accounts for financial year 2026 state no turnover. The abbreviated or micro format does not require it. In financial year 2022 turnover was €128,710.Financials
- Is SHIFT IT profitable?
- In financial year 2026, SHIFT IT made a loss of €67,827.
- Where can I find the annual accounts of SHIFT IT?
- SHIFT IT filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SHIFT IT due?
- SHIFT IT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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