ACTIVE

SHAPES METALWORKS

Financial year 2025 · Closed on 31/12/2025

Net result225,5 k €+11 103,0 %over 1 year
Revenue20,2 M €
Equity7,5 M €+13 453,2 %over 1 year
Workforce102,6 ETP

Identity

Source · BCE/KBO

SHAPES METALWORKS is a Public limited company incorporated in 2022. Its main activity is: Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Its registered office is in Kuurne. It employs on average 102,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0785.841.540
Incorporation
09/05/2022
Legal form
Public limited company
Registered office
Noordlaan 35
8520 Kuurne · FlandreSee on map
Contributed capital
2 694 985,12 €
Latest accounts
31/12/2025
Average workforce
102,6 ETP
Joint committees (2)
  • 111
  • 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Revenue20,2 M €––
EBITDA1,1 M €-1,8 k €-3,4 k €
Operating result471,1 k €-1,8 k €-3,4 k €
Net result225,5 k €-2 k €-3,8 k €
Balance sheet
Equity7,5 M €55,7 k €57,7 k €
Total assets17 M €55,7 k €57,7 k €
Cash722,7 k €55,4 k €57,7 k €
Debts9,3 M €––
Other
Workforce102,6 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

HADEFIS

Director · since 09 mai 2022 · until 09 mai 2028 · 0474.059.388

Represented by Dirk Haerinck

Active
LUTHO

Director · since 09 mai 2022 · until 09 mai 2028 · 0899.430.025

Represented by Fritz Walcarius

Active
MWM

Director · since 09 mai 2022 · until 09 mai 2028 · 0454.725.112

Represented by Wim Matthys

Active

Ended mandates

MWM

Director · since 09 mai 2022 · until 09 mai 2028 · 0454.725.112

Represented by Wim Matthijs

Ended

Other companies at this address

Noordlaan 35 8520 Kuurne
CompanyCBE no.
SHAPES GROUP● Active
0750.950.244
SHAPES IMMO● Active
0881.454.341
0451.019.217

Full financial information

Source · NBB
202520242023
Type of accountFull modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202409/05/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months20 months
Filing date27/07/202624/07/202530/07/2024
General meeting15/07/202606/06/202507/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/07/202627/07/2026DutchPDF
Abridged model31/12/202406/06/202524/07/2025DutchPDF
Abridged model31/12/202307/06/202430/07/2024DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

HADEFIS

Director · since 09 mai 2022 · until 09 mai 2028 · 0474.059.388

Represented by Dirk Haerinck

Active
LUTHO

Director · since 09 mai 2022 · until 09 mai 2028 · 0899.430.025

Represented by Fritz Walcarius

Active
MWM

Director · since 09 mai 2022 · until 09 mai 2028 · 0454.725.112

Represented by Wim Matthys

Active

Ended mandates

MWM

Director · since 09 mai 2022 · until 09 mai 2028 · 0454.725.112

Represented by Wim Matthijs

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring28/10/2025
    Partiële splitsing |
    PDF
  • Mandates13/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring29/07/2025
    NEERLEGGING SPLITSINGSVOORSTEL
    PDF
  • Other11/05/2022
    OPRICHTING
    PDF

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 2025225,5 k €↑
  2. 2025
    Name changeShapes Metalworks
  3. 2024
    Annual accounts 2024-2 k €↑
  4. 2023
    Annual accounts 2023-3,8 k €
  5. 2023
    Name changeSHAPES METALPROJECTS NV
  6. 09/05/2022
    IncorporationPublic limited company