Equity
-€1,700
Debts exceed assets in financial year 2025.
SHUTTLY
Lifetime
7 annual accounts with figures on one time axispeak €117,735 (2023)
€48,132▲ 452%
lowest -€56,610 (2022)
€40,291▲ 172%
peak -€1,700 (2025)
-€1,700▲ €40,291
€35,214▼ 39.2%
peak 1.3 FTE (2019)
-not published
Board4 names since 2017
4 directors and 3 others
Documentsfilings and deeds
26-03-202635 days before the deadline
2025micro format
Gross margin from €8,717 to €48,132Result from €14,805 to €40,291Equity from -€41,991 to -€1,700Debts from €57,919 to €35,214
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Debts
€35,214 105% of the balance sheet
Financial debts 71%Suppliers 14%Taxes and wages 15%
Of this, €10,214 falls due within a year.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 35 to 41 days before the end of the period.
Starting capital
€18,600 100 shares
Position in the sector
-5.1%
Lower solvency than 85% of companies in land transport. Sector median 37.8% · 6,635 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,182 companies had the same profile as SHUTTLY has now. Each dot stands for 6 companies, two years later.
88.8%
were still trading
5.9%
stopped another way
4.8%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,182 companies, not a prediction for SHUTTLY. 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
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Signals
Board and ownership
Manager
Manager
Director
Director
- 50 sharesdeed of 04-12-2017
- 50 sharesdeed of 04-12-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0685524239
Reappointments: (director) and (director)
“Het verlenen van bijstand,advies en leiding aan bedrijven,kmo's,verenigingen zonder…” (deed in Dutch) · General meeting of 11-12-2023 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares · Founders: and · Appointments: (manager) and (manager) · published on 04-12-2017 · Gazette deed
First establishment
Dadizeelsestraat 6, Moorslede
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| SHUTTLY Moorslede | - | - | -5.1% | - |
| LIMO CABS Brussels | - | - | 71.5% | - |
| L'ETOILE DU RIF Charleroi | - | - | -7.9% | - |
| INELIAS Molenbeek-Saint-Jean | €102,864 | 39.9% | 7.6% | - |
| MAX & CO Uccle | - | - | 69.9% | - |
| KAYALI TRANSPORT Molenbeek-Saint-Jean | - | - | 68.6% | - |
| FDALA Ternat | €95,240 | 6.7% | 55.3% | - |
These companies have the same main activity as SHUTTLY: non-scheduled passenger transport by road (NACE 49320). They are comparable in size and age: total assets between €22,800 and €60,800, founded between 2015 and 2019.
Official details
Source: KBO- Status
- Active since 30-11-2017Normal situation
- Activity
- Non-scheduled passenger transport by roadNACE 49320and 5 others
- Establishment unit
- 2.270.240.4588890 Moorslede, since 30-11-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 10-10-2025
Annual accounts to 30-09-2025
- €33,514▲ 110%
- Filing
- Filed on 26-03-2026, 35 days before the end of the filing period
Insights on SHUTTLY
SHUTTLY files the micro format. That format states no turnover. The gross margin fell from €56,238 in 2019 to €48,132 in 2025.
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 SHUTTLY
- What is the company number of SHUTTLY?
- The company number of SHUTTLY is 0685.524.239. The VAT number is the same number with BE in front: BE 0685.524.239.
- Where is SHUTTLY based?
- The registered office is at Dadizeelsestraat 6, 8890 Moorslede.Company details
- What does SHUTTLY do?
- According to the KBO register, the main activity is non-scheduled passenger transport by road (NACE 49320).
- What is the legal form of SHUTTLY?
- SHUTTLY is a private limited company (BV).
- When was SHUTTLY founded?
- SHUTTLY was founded on 30-11-2017.
- Is SHUTTLY still active?
- Yes, SHUTTLY is an active enterprise in the KBO register.
- How many employees does SHUTTLY have?
- SHUTTLY had an average of 1 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- What is the turnover of SHUTTLY?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €48,132 and 84 comparable companies (NACE 493). It probably lies between €100,000 and €200,000.
- Is SHUTTLY profitable?
- In financial year 2025, SHUTTLY made a profit of €40,291.
- Where can I find the annual accounts of SHUTTLY?
- SHUTTLY filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of SHUTTLY due?
- SHUTTLY must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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