The Shift (0628.927.412): financials and annual accounts

The Shift

Brussels ·KBO/BCE: BE 0628.927.412

Line	2025	2024	2023	2022	2021	2020	2019	2018
Balance sheet: assets
`20/58`	1.1m	1.0m	1.2m	1.1m	1.1m	805,236	764,486	843,611
`21/28`	34,027	15,175	11,631	12,303	14,115	7,697	10,307	12,227
`21`	19,564	-	-	-	-	-	-	-
`22/27`	3,841	5,412	4,225	4,897	2,829	2,047	4,657	6,577
`24`	3,841	5,412	4,225	4,897	2,829	2,047	4,657	6,577
`28`	10,621	9,763	7,407	7,407	11,286	5,650	5,650	5,650
`29/58`	1.1m	1.0m	1.2m	1.1m	1.1m	797,538	754,179	831,384
`40/41`	340,916	324,005	387,694	372,336	392,323	186,249	91,042	67,682
`40`	274,518	95,180	47,893	59,312	73,040	62,676	58,994	38,567
`41`	66,398	228,825	339,801	313,024	319,283	123,574	32,048	29,115
`50/53`	188,577	137,901	137,623	137,623	137,623	137,623	137,623	-
`54/58`	559,535	556,753	680,064	544,089	524,292	473,666	456,760	743,371
`490/1`	9,919	15,467	14,596	32,397	14,273	-	68,754	20,331
Balance sheet: equity and liabilities
`10/49`	1.1m	1.0m	1.2m	1.1m	1.1m	805,236	764,486	843,611
`10/15`	724,074	730,437	758,684	692,570	602,074	613,210	568,571	569,679
`10`	37,779	37,779	-	-	-	-	-	-
`13`	385,907	385,907	452,680	386,567	386,567	-	-	-
`14`	300,388	306,751	268,224	268,224	177,728	177,729	177,729	178,837
`17/49`	408,901	318,864	472,925	406,178	480,552	192,025	195,915	273,932
`42/48`	132,897	109,848	219,852	140,498	143,332	116,032	132,735	145,876
`44`	10,022	33,461	100,820	55,607	79,460	56,740	75,749	74,770
`440/4`	10,022	33,461	100,820	55,607	79,460	56,740	75,749	74,770
`45`	122,875	76,387	119,031	84,892	63,872	59,293	56,986	57,606
`450/3`	28,108	263	-	1,251	-	105	105	-
`454/9`	94,767	76,124	119,031	83,640	63,872	59,188	56,881	57,606
`492/3`	276,004	209,016	253,073	265,680	337,221	75,993	63,180	128,056
Income statement
`70`	1.3m	1.2m	1.5m	1.3m	1.1m	1.0m	-	-
`76A`	38,025	17,024	23,663	-	20,031	20,101	-	-
`9900`	966,334	876,212	1.1m	1.0m	803,028	759,760	699,227	565,030
`60/61`	329,444	377,528	400,619	319,063	340,254	281,973	-	-
`62`	966,869	902,835	1.0m	916,161	810,885	710,567	690,990	558,985
`630`	7,673	1,921	1,291	878	2,216	2,133	6,515	6,132
`640/8`	362	484	587	662	310	1,715	1,760	1,451
`66A`	-	-	-	-	-	0	728	-
`9901`	-8,570	-29,029	66,673	91,353	-10,384	45,346	-38	-1,537
`75/76B`	2,410	1,072	1	-	-	1	0	424
`75`	2,410	1,072	1	-	-	1	0	424
`76B`	-	-	-	-	-	0	-	-
`65/66B`	203	290	560	857	753	708	343	217
`65`	203	290	560	857	753	230	343	217
`66B`	-	-	-	-	-	478	-	-
`9903`	-6,363	-28,247	66,114	90,496	-11,136	44,640	-380	-1,330
`9904`	-6,363	-28,247	66,114	90,496	-11,136	44,640	-1,108	-1,330
`9905`	-6,363	-28,247	66,114	90,496	-11,136	44,640	-1,108	-1,330
Appropriation of the result
`9906`	300,388	239,978	334,338	268,224	166,592	222,368	177,729	261,678
`14P`	306,751	268,224	268,224	177,728	177,729	-	-	-
`791`	-	66,773	-	-	44,640	-	-	-
`691`	-	-	66,114	-	33,504	-	-	-
Social balance sheet
`9087`	8.8	8.7	11.9	11.5	9.8	8	9.4	8.3
Hours worked`1013`	14,671	13,808	18,553	18,105	15,717	12,950	15,448	14,066
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	30-06-2026	2026-00234457	PDF
31-12-2024	abbreviated format	30-06-2025	2025-00239797	PDF
31-12-2023	abbreviated format	26-06-2024	2024-00171456	PDF
31-12-2022	abbreviated format	27-06-2023	2023-00166186	PDF
31-12-2021	abbreviated format	10-06-2022	2022-20057853	PDF
31-12-2020	abbreviated format	28-06-2021	2021-30100567	PDF
31-12-2019	abbreviated format	12-06-2020	2020-15900459	PDF
31-12-2018	abbreviated format	07-06-2019	2019-16100414	PDF

Year	Department	Transactions	Amount
2024	FPS Foreign Affairs	1	€32,500
2023	FPS Foreign Affairs	1	€97,500
2023	FPS Public Health	1	€29,100

2025	2024	2023	2022	2021	2020	2019	2018
-897	-27,108	67,963	92,231	-8,167	47,478	6,478	4,594
1,311	-26,326	67,405	91,374	-8,920	46,772	5,407	4,802
26,525	5,465	619	3,476	8,634	-477	5,113	-
2,782	-123,311	135,975	19,796	50,627	16,906	-286,611	-
966,051	924,278	1.0m	945,947	925,180	681,506	621,444	685,508
-0.7%	-2.3%	4.5%	7.0%	-0.9%	4.4%	-	-
63.9%	69.6%	61.6%	63.0%	55.6%	76.2%	74.4%	67.5%
8.27	9.41	5.55	7.73	7.45	6.87	5.68	5.70
0.56	0.44	0.62	0.59	0.80	0.31	0.34	0.48
-0.9%	-3.9%	8.7%	13.1%	-1.8%	7.3%	-0.2%	-0.2%
-0.6%	-2.7%	5.4%	8.2%	-1.0%	5.5%	-0.1%	-0.2%
-4.43	-93.45	over 100	over 100	-10.85	-	-	-
80 days	28 days	12 days	17 days	24 days	22 days	-	-
11 days	32 days	92 days	64 days	85 days	73 days	-	-

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	9	10	11	14	13
full-time	4	3	5	6	6
part-time	5	7	6	8	7
in full-time equivalents	8.1	8.9	10	12.1	11.2
	8.8	8.7	11.9	11.5	9.8
On a permanent contract	9	10	11	14	13
Joined	0	5	8	6	8
Left	1	6	11	5	4

The Shift

Annual accounts 2025

Money flows

Balance sheet

in euro

in euro

Position in the sector

63.9%

8.27

-0.6%

Staff

€109,871

-1 person

Filed annual accounts

Filings

Subsidies and aid

Federal government 2023 to 2024, 3 entries, €159,100 in total

European Union 2023, 1 entry, €43,462 in total

Projects

Key figures and ratios

Social balance sheet

Investments

Insights on The Shift

Next steps

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€1,167	€3,109	€619	€2,946	€2,998
Intangible fixed assets	€24,500	-	-	-	-
Financial fixed assets	€858	€2,356	-	€530	€5,636
	€7,673	€1,921	€1,291	€878	€2,216

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency63.9%

Current ratio8.27

Return on assets-0.6%

Staff

Staff cost per FTE€109,871

Joined and left-1 person

Filed annual accounts

Filings

Subsidies and aid

Federal government 2023 to 2024, 3 entries, €159,100 in total

European Union 2023, 1 entry, €43,462 in total

Projects

Key figures and ratios

Social balance sheet

Investments

Insights on The Shift

Next steps

in euro

in euro

63.9%

8.27

-0.6%

€109,871

-1 person