SHIP-SHAPE
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 20 August 2026 · trustee Benjamin Vande Casteele · claim deadline passed on 19 September 2026
How to file a claimThe procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Supervising judge
- Marc Theuns
- Official Gazette
- 27-08-2026search the document for 2026/135613
Deadlines
- Provisional date payments stopped
- 20 August 2026A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 11 September 2026That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 19 September 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 16 October 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- 20 August 2027A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Benjamin Vande CasteeleFruithoflaan 124, 2600 Berchem (Antwerpen)- law.be
Steps for a creditor
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Reclaim goods you delivered under retention of title before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol. The verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything. Once a deadline has passed, it is too late for that step.
If this company owes you money, you are not paid automatically. You file your claim yourself, within the deadline the judgment sets.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Overview
Official details
Source: KBO- Status
- Open bankruptcy declared bankrupt on 20-08-2026
- Activity
- Other business support services NACE 82990and 2 others
- Establishment unit
- 2.215.697.259 2170 Antwerp, since 01-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 08-05-2025
Financial position
No score
Annual accounts 2024
- Gross margin
- €289,608
- ▲ 140%
- Turnover
- ≈ €430,000
- estimated
- Profit
- €146,728
- ▲ 420%
- Equity
- €854,855
- ▲ 20.7%
- Total assets
- €2.2m
- ▼ 7.7%
Financials
Financials · financial year 2024, abbreviated format
2024 annual accounts filed 28 days after the deadline Filed on 28 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00468957.
Annual accounts 2024 filed on 28-08-2025 PDF all 4 filings
Turnover
≈ €430,000
Estimated: probably between €360,000 and €610,000
Total assets
€2.2m▼ 7.7%
2023 · €2.4m
Net result
€146,728▲ 420%
2023 · €28,242
Working capital
€182,579
2023 · -€60,440
Multi-year overview
2021 to 2024, 4 financial yearsOperating result
€239,086
▲ 196%
2024
20212024
Net result
€146,728
▲ 420%
2024
highest quarter of the sector
20212024
Equity
€854,855
▲ 20.7%
2024
middle half of the sector
20212024
Total assets
€2.2m
▼ 7.7%
2024
middle half of the sector
20212024
Debt
€1.4m
▼ 19.4%
2024
20212024
Working capital
€182,579
2024
middle half of the sector
20212024
Solvency
38.1%
▲ 9.0pp
2024
middle half of the sector
20212024
Current ratio
1.32
▲ 0.38
2024
middle half of the sector
20212024
Return on assets (ROA)
6.5%
▲ 5.4pp
2024
middle half of the sector
20212024
Staff (FTE)
no figure
2024
20212024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232024
Operating result€0.05m-€1.0m▲ 20×€0.08m▼ 91.7%€0.2m▲ 196%
Net result€0.1mwithin the sector's middle half-€0.8mabove the sector's middle half▲ 712%€0.03mwithin the sector's middle half▼ 96.3%€0.1mabove the sector's middle half▲ 420%
Equity€0.2mwithin the sector's middle half-€0.7mwithin the sector's middle half▲ 331%€0.7mwithin the sector's middle half▲ 4.2%€0.9mwithin the sector's middle half▲ 20.7%
Total assets€1.8mwithin the sector's middle half-€2.6mwithin the sector's middle half▲ 42.1%€2.4mwithin the sector's middle half▼ 7.5%€2.2mwithin the sector's middle half▼ 7.7%
Debt€1.7m-€1.9m▲ 15.2%€1.7m▼ 11.5%€1.4m▼ 19.4%
Working capital-€0.1mbelow the sector's middle half-€0.07mwithin the sector's middle half-€0.06mbelow the sector's middle half€0.2mwithin the sector's middle half
Solvency8.5%below the sector's middle half-25.9%within the sector's middle half▲ 17.4pp29.1%within the sector's middle half▲ 3.2pp38.1%within the sector's middle half▲ 9.0pp
Current ratio0.87within the sector's middle half-1.06within the sector's middle half▲ 0.190.94within the sector's middle half▼ 0.121.32within the sector's middle half▲ 0.38
Return on assets (ROA)5.1%within the sector's middle half-29.4%above the sector's middle half▲ 24.3pp1.2%within the sector's middle half▼ 28.2pp6.5%within the sector's middle half▲ 5.4pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2024 is 196% higher than in 2023. It is a recovery after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.5m ▼ 1.1%
Current assets
€747,573 ▼ 18.6%
Equity and liabilities €2.2m
Equity
€854,855 ▲ 20.7%
Debt
€1.4m ▼ 19.4%
Debt's share of the balance-sheet total falls from 70.9% to 61.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€287,322▲
2023 · €118,003
Cash flow
€194,964▲
2023 · €65,581
Debt to equity
1.62▼
2023 · 2.43
ROE
17.2%▲
2023 · 4.0%
Interest coverage
8.03▲
2023 · 2.40
Debt ≤ 1 year
€564,994▼
2023 · €979,354
Debt > 1 year
€646,062▼
2023 · €741,822
Income taxes
€69,122▲
2023 · €18,902
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €667,049 | €1.2m | €835,647 | €741,822 |
| Mortgages, amount registered | - | €27,500 | €27,500 | €27,500 |
| Carrying value of the mortgaged assets | - | €253,935 | €397,252 | €388,564 |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €63,030 | €387,900 | €185,003 | €28,801 |
| Financial fixed assets | €733,001 | €102,962 | €24,047 | €3,134 |
| Depreciation and write-downs of the year | €2,713 | €46,071 | €37,339 | €48,235 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €3,149 awarded · €3,149 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €320 | €320 |
| 2022 | 1 | €2,829 | €2,829 |
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | €0.05m | €0.002m | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.05m | €0.04m | €0.05m | ▲ 29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - |
| Other operating charges640/8 | €0.001m | €0.002m | €0.003m | €0.002m | ▼ 14.6% |
| Gross operating margin9900 | €0.05m | €1.0m | €0.1m | €0.3m | ▲ 140% |
| Operating profit (loss)9901 | €0.05m | €1.0m | €0.08m | €0.2m | ▲ 196% |
| Financial income75/76B | €0.09m | €0.03m | €0.02m | €0.01m | ▼ 19.6% |
| Recurring financial income75 | €0.09m | €0.03m | €0.02m | €0.01m | ▼ 19.6% |
| Non-recurring financial income76B | - | €0 | - | - | - |
| Financial charges65/66B | €0.04m | -€0.05m | €0.05m | €0.04m | ▼ 27.2% |
| Recurring financial charges65 | €0.04m | -€0.05m | €0.05m | €0.04m | ▼ 27.2% |
| Profit (loss) for the period before taxes9903 | €0.1m | €1.1m | €0.05m | €0.2m | ▲ 358% |
| Income taxes67/77 | €0.01m | €0.3m | €0.02m | €0.07m | ▲ 266% |
| Profit (loss) for the period9904 | €0.1m | €0.8m | €0.03m | €0.1m | ▲ 420% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.8m | €0.03m | €0.1m | ▲ 420% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.8m | €2.6m | €2.4m | €2.2m | ▼ 7.7% |
| Fixed assets21/28 | €0.9m | €1.3m | €1.5m | €1.5m | ▼ 1.1% |
| Tangible fixed assets22/27 | €0.06m | €0.4m | €0.5m | €0.5m | ▼ 3.5% |
| Land and buildings22 | €0 | €0.4m | €0.5m | €0.5m | ▼ 1.7% |
| Plant, machinery and equipment23 | - | - | €0.001m | €0.004m | ▲ 259% |
| Furniture and vehicles24 | €0.06m | €0.05m | €0.05m | €0.04m | ▼ 26.5% |
| Financial fixed assets28 | €0.8m | €0.9m | €1.0m | €1.0m | ▲ 0.3% |
| Current assets29/58 | €1.0m | €1.3m | €0.9m | €0.7m | ▼ 18.6% |
| Stocks and contracts in progress3 | €0.01m | €0.01m | €0 | - | - |
| Stocks30/36 | €0.01m | €0.01m | €0 | - | - |
| Amounts receivable within one year40/41 | €0.9m | €1.1m | €0.9m | €0.7m | ▼ 13.9% |
| Trade receivables40 | €0.4m | €0.2m | €0.3m | €0.06m | ▼ 81.0% |
| Other amounts receivable41 | €0.6m | €0.8m | €0.5m | €0.7m | ▲ 24.0% |
| Current investments50/53 | - | €0 | €0.003m | €0.003m | ▲ 0.2% |
| Cash at bank and in hand54/58 | €0.008m | €0.2m | €0.06m | €0.001m | ▼ 98.7% |
| Deferred charges and accrued income490/1 | €97 | €0.003m | €0.005m | €0.007m | ▲ 52.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.8m | €2.6m | €2.4m | €2.2m | ▼ 7.7% |
| Equity10/15 | €0.2m | €0.7m | €0.7m | €0.9m | ▲ 20.7% |
| Contributions10/11 | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Reserves13 | €0.2m | €0.7m | €0.7m | €0.9m | ▲ 20.7% |
| Distributable reserves133 | €0.2m | €0.7m | €0.7m | €0.9m | ▲ 20.7% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €1.7m | €1.9m | €1.7m | €1.4m | ▼ 19.4% |
| Amounts payable after more than one year17 | €0.6m | €0.7m | €0.7m | €0.6m | ▼ 12.9% |
| Financial debts170/4 | €0.6m | €0.7m | €0.7m | €0.6m | ▼ 12.9% |
| Amounts payable within one year42/48 | €1.1m | €1.2m | €1.0m | €0.6m | ▼ 42.3% |
| Current portion of amounts payable after more than one year42 | €0.07m | €0.08m | €0.09m | €0.1m | ▲ 2.1% |
| Financial debts43 | €0.002m | €0.002m | €0.009m | €0.02m | ▲ 81.9% |
| Credit institutions430/8 | €0.002m | €0.002m | €0.009m | €0.02m | ▲ 81.9% |
| Trade debts44 | €0.8m | €0.7m | €0.5m | €0.1m | ▼ 73.0% |
| Suppliers440/4 | €0.8m | €0.7m | €0.5m | €0.1m | ▼ 73.0% |
| Taxes, remuneration and social security45 | €0.08m | €0.2m | €0.2m | €0.2m | ▲ 3.5% |
| Taxes450/3 | €0.08m | €0.2m | €0.2m | €0.2m | ▲ 3.5% |
| Other amounts payable47/48 | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 42.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.2m | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €95,020 | €772,030 | €28,242 | €146,728 | ▲ 420% |
| + Depreciation and write-downs630 | €2,713 | €46,071 | €37,339 | €48,235 | ▲ 29.2% |
| Operating cash flow (approximation) | €97,733 | €818,101 | €65,581 | €194,964 | ▲ 197% |
| Investment in fixed assets (approximation) | - | -€490,862 | -€209,050 | -€31,935 | ▲ 84.7% |
| Change in cash | - | €184,398 | -€136,781 | -€54,668 | ▲ 60.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
Board & ownership
Directors
Directors
1 director
Noé Martijn
Current
Director · listed in the 2024 annual accounts, filed on 28-08-2025
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Benjamin Vande Casteele Fruithoflaan 124, 2600 Berchem (Antwerpen)- law.be |
20-08-2026 → present |
Owners and capital
Owners
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- ARMOSsubsidiarySourceown accounts 2024Equity -€391,762 Loss of €714,470 in 2025 (loss of €51,459 in 2023) Checked score 2100%
Board mandates elsewhere
1 board mandateBoard mandates of SHIP-SHAPESHIP-SHAPE sits on their board1
Companies at the same address
2 other companiesConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Deeds, filings and financial milestones
2026
27-08
Bankruptcy
Bankruptcy declared
Enterprise Court of Antwerp, Antwerp division · judgment of 20-08-2026
2025
28-08
abbreviated format · 28 days late
2024
13-05
abbreviated format · 79 days before the deadline
2023
2022
31-12
Financial
Highest result from 2021 to 2024net €772,030 ▲712%
The operating result of €971,449 and the net result of €772,030 are both a record.
31-12
Financial
Equity above €500,000equity €679,885 ▲331%
With a profit in every financial year since 2021, equity grows to €679,885.
21-04
abbreviated format · 101 days before the deadline
2021
02-09
Capital conversion · Director resignation
2013
16-01
5 publications in the Belgian Official Gazette, the last on 20-03-2023
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Bankruptcy opened
- Last annual accounts
- financial year to 31 December 2024
- Legal form
- Private limited company
- Active since
- 27 December 2012
Register details
Identity
Name
SHIP-SHAPE in Dutch
Enterprise number
0508.933.957
Entity type
Legal entity
Registered office and establishments
Registered office
Dokter Maurice Timmermanslaan 56, 2170 Antwerp, Belgium
Establishment unit
SHIP-SHAPE, Dokter Maurice Timmermanslaan 56, 2170 Antwerp since 01-01-2013 · unit number 2.215.697.259 5222001 Warehousing and support activities for transportation
E-mail
mn@ship-shape.be
Phone
032160578
Activities
NACEBEL 202582990
Other business support services main activity
52250
Logistics services
93199
Other sports activities
Codes under NACEBEL 2008
82990
Other business support services main activity
52290
Warehousing and support activities for transportation
93199
Other sports activities
Invoicing and payment
VAT number
BE 0508.933.957
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
323 m²
Building footprint
112 m²
Building volume
953 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11422C0203/00M003 | Flanders | 323 m² | 1 · 112 m² | 13.0 m · 4 |