NORMAL SITUATION

Shape & Shift

Financial year 2022 · closed on 31/12/2022
Net result
159,9 k €
+24.7% YoY
Revenue
3,5 M €
+62.9% YoY
Equity
357,3 k €
-0.6% YoY
Workforce
10,9 ETP
+73.0% YoY

Company — Normal situation.

What does Shape & Shift do?

Shape & Shift is a company registered in Belgium. It employs on average 10,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0717.859.683
Legal form
Public limited company
Contributed capital
62 000,00 €
Latest accounts
31/12/2022
Average workforce
10,9 ETP
Joint committees (1)
  • 200
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202220212020
Income statement
Revenue3,5 M €2,2 M €2,6 M €
EBITDA243,5 k €190,0 k €272,9 k €
Operating result227,7 k €182,3 k €263,6 k €
Net result159,9 k €128,3 k €169,2 k €
Balance sheet
Equity357,3 k €359,4 k €231,2 k €
Total assets919,6 k €945,9 k €512,4 k €
Cash10,6 k €12,2 k €11,1 k €
Debts562,3 k €571,5 k €281,3 k €
Other
Workforce10,9 ETP6,3 ETP4,8 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active

Active mandates

De Cronos Groep

Director · since 11 décembre 2019 · until 04 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 11 décembre 2019 · until 04 juin 2024

Active
Bewire

Director · since 10 décembre 2019 · until 04 juin 2024 · 0641.777.734

Represented by Jeroen Benats

Active
Annual accounts

Full financial information

202220212020
Type of accountAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202201/01/202108/01/2019
Closing of the financial year31/12/202231/12/202131/12/2020
Length of the financial year12 months12 months24 months
Filing date03/08/202304/08/202212/07/2021
General meeting06/06/202328/06/202201/06/2021
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202206/06/202303/08/2023DutchPDF
Abridged model31/12/202128/06/202204/08/2022DutchPDF
Abridged model31/12/202001/06/202112/07/2021DutchPDF
Estimate

Indicative valuation

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 31/12/2022 · 3 active

Active mandates

De Cronos Groep

Director · since 11 décembre 2019 · until 04 juin 2024 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 11 décembre 2019 · until 04 juin 2024

Active
Bewire

Director · since 10 décembre 2019 · until 04 juin 2024 · 0641.777.734

Represented by Jeroen Benats

Active
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2022
    Annual accounts 2022159,9 k €
  2. 2021
    Annual accounts 2021128,3 k €
  3. 2020
    Annual accounts 2020169,2 k €