SHIFTT
ActiveSummary
SHIFTT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €84 and a net result of €77. Equity is shrinking by ~113.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 52% of 1743 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 4 accounts on average 113 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 26,975 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €947 | €440 | €1 | ▼ 99.8% |
| Gross operating margin9900 | -€461 | €286 | €186 | ▼ 35.0% |
| Operating profit (loss)9901 | -€1,409 | -€154 | €185 | ▲ 220% |
| Financial charges65/66B | €159 | €112 | €108 | ▼ 3.2% |
| Recurring financial charges65 | €159 | €112 | €108 | ▼ 3.2% |
| Profit (loss) for the period before taxes9903 | -€1,568 | -€266 | €77 | ▲ 129% |
| Profit (loss) for the period9904 | -€1,568 | -€266 | €77 | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | -€1,568 | -€266 | €77 | ▲ 129% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €326 | €25 | €234 | ▲ 821% |
| Current assets29/58 | €326 | €25 | €234 | ▲ 821% |
| Amounts receivable within one year40/41 | €237 | €1 | €1 | = |
| Other amounts receivable41 | €237 | €1 | €1 | = |
| Current investments50/53 | - | €24 | - | - |
| Cash at bank and in hand54/58 | €90 | - | €32 | - |
| Deferred charges and accrued income490/1 | - | - | €200 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €326 | €25 | €234 | ▲ 821% |
| Equity10/15 | €273 | €7 | €84 | ▲ 1,112% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€1,727 | -€1,993 | -€1,916 | ▲ 3.8% |
| Amounts payable17/49 | €53 | €18 | €150 | ▲ 713% |
| Amounts payable within one year42/48 | €53 | €18 | €150 | ▲ 713% |
| Financial debts43 | - | €18 | - | - |
| Credit institutions430/8 | - | €18 | - | - |
| Trade debts44 | €53 | - | €150 | - |
| Suppliers440/4 | €53 | - | €150 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,568 | -€266 | €77 | ▲ 129% |
| Operating cash flow (approximation) | -€1,568 | -€266 | €77 | ▲ 129% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
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.
Rue du Parc 14671 Blégny2 establishment units
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62084B0511/00A000 | Wallonia | 581 m² | - | - |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.