ACTIVE

SHIFT NETWORKS

Financial year 2025 · closed on 31/12/2025
Net result
21,7 k €
+51.2% YoY
Revenue
125,3 k €
+17.7% YoY
Equity
114,5 k €
+11.1% YoY

What does SHIFT NETWORKS do?

SHIFT NETWORKS is a Private limited company incorporated in 2002. Its registered office is in Zandhoven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0477.004.230
Incorporation
04/03/2002
Legal form
Private limited company
Registered office
Pater Damiaanlaan 3 box 2
2240 Zandhoven · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Revenue125,3 k €106,5 k €124 k €109,3 k €80,7 k €67,1 k €60,6 k €41,9 k €42,5 k €49,6 k €45,9 k €47,2 k €43,5 k €62,4 k €58,5 k €51,3 k €46,7 k €74,3 k €44,7 k €58,5 k €
EBITDA35,4 k €25,8 k €38,8 k €37,8 k €22,6 k €24,7 k €14,5 k €2 k €12,9 k €8,5 k €11,8 k €-2,5 k €2,1 k €-1,4 k €17,9 k €13,2 k €14,3 k €17,3 k €4,6 k €10,8 k €
Operating result31,2 k €21,4 k €34 k €33,7 k €19,3 k €21,7 k €10,6 k €-266 €10,3 k €5,7 k €9,6 k €-11 k €-5,9 k €-9 k €10,5 k €5,9 k €7,6 k €10,6 k €-1,4 k €4,8 k €
Net result21,7 k €14,3 k €23,5 k €27 k €15 k €17,3 k €8,7 k €-340 €8,1 k €4,5 k €6,2 k €-9,2 k €-3,7 k €-4,4 k €6,6 k €5 k €6,5 k €2,9 k €3,6 k €3,8 k €
Balance sheet
Equity114,5 k €103,1 k €97,2 k €71,3 k €80,4 k €65,5 k €55,2 k €46,5 k €46,9 k €38,8 k €34,2 k €28,1 k €37,3 k €41 k €45,4 k €58,8 k €53,7 k €47,3 k €44,4 k €40,7 k €
Total assets143,4 k €136,7 k €132,8 k €111,6 k €113,4 k €110,1 k €99,5 k €99,4 k €91,4 k €84,6 k €80,3 k €78,9 k €94,7 k €99 k €104,6 k €108,1 k €76,7 k €82,4 k €120,3 k €123 k €
Cash86 k €80,4 k €66,6 k €52,5 k €43,7 k €44,1 k €24,2 k €29,8 k €30,6 k €14,7 k €4,4 k €1,7 k €6,1 k €7,6 k €12,7 k €7,6 k €4,6 k €3,7 k €1,8 k €4,4 k €
Debts20,2 k €20,2 k €18,8 k €29,7 k €18,8 k €38,9 k €30,7 k €43,6 k €44,3 k €45,8 k €46 k €50,9 k €57,5 k €30,1 k €59,3 k €49,3 k €22,9 k €35,2 k €75,9 k €82,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Quentin VAN SOLDT

Mandate

Active

Ended mandates

Quentin van Soldt

Director

Ended
Quentin van Soldt

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Lann100.beActive
0712.976.724
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/05/202615/05/202515/05/202413/06/202325/07/202224/05/2021
General meeting11/05/202612/05/202513/05/202408/05/202309/05/202210/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202511/05/202618/05/2026DutchPDF
Micro model31/12/202412/05/202515/05/2025DutchPDF
Micro model31/12/202313/05/202415/05/2024DutchPDF
Micro model31/12/202208/05/202313/06/2023DutchPDF
Micro model31/12/202109/05/202225/07/2022DutchPDF
Micro model31/12/202010/05/202124/05/2021DutchPDF
Micro model31/12/201911/05/202025/05/2020DutchPDF
Micro model31/12/201813/05/201906/08/2019DutchPDF
Micro model31/12/201714/05/201828/06/2018DutchPDF
Micro model31/12/201608/05/201722/07/2017DutchPDF
Abridged model31/12/201509/05/201608/08/2016DutchPDF
Abridged model31/12/201411/05/201507/07/2015DutchPDF
Abridged model31/12/201312/05/201424/09/2014DutchPDF
Abridged model31/12/201202/05/201315/06/2013DutchPDF
Abridged model31/12/201114/05/201223/07/2012DutchPDF
Abridged model31/12/201009/05/201117/09/2011DutchPDF
Abridged model31/12/200910/05/201012/09/2010DutchPDF
Abridged model31/12/200811/05/200929/08/2009DutchPDF
Abridged model31/12/200712/05/200831/08/2008DutchPDF
Abridged model31/12/200614/05/200731/08/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Quentin VAN SOLDT

Mandate

Active

Ended mandates

Quentin van Soldt

Director

Ended
Quentin van Soldt

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office18/11/2009
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office23/05/2006
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates14/12/2005
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202521,7 k €
  2. 2024
    Annual accounts 202414,3 k €
  3. 2023
    Annual accounts 202323,5 k €
  4. 2022
    Annual accounts 202227 k €
  5. 2021
    Annual accounts 202115 k €
  6. 2020
    Annual accounts 202017,3 k €
  7. 2019
    Annual accounts 20198,7 k €
  8. 2018
    Annual accounts 2018-340 €
  9. 2017
    Annual accounts 20178,1 k €
  10. 2016
    Annual accounts 20164,5 k €
  11. 2015
    Annual accounts 20156,2 k €
  12. 2014
    Annual accounts 2014-9,2 k €
  13. 2013
    Annual accounts 2013-3,7 k €
  14. 2012
    Annual accounts 2012-4,4 k €
  15. 2011
    Annual accounts 20116,6 k €
  16. 2010
    Annual accounts 20105 k €
  17. 2009
    Annual accounts 20096,5 k €
  18. 2008
    Annual accounts 20082,9 k €
  19. 2007
    Annual accounts 20073,6 k €
  20. 2006
    Annual accounts 20063,8 k €
  21. 04/03/2002
    IncorporationPrivate limited company