ACTIVE

white shadows

Financial year 2025 · closed on 30/06/2025
Net result
3,4 k €
-85.7% YoY
Gross margin
24 k €
-50.8% YoY
Equity
62,1 k €
+1.5% YoY

What does white shadows do?

white shadows is a Private limited company incorporated in 2009. Its main activity is: Support activities to performing arts. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0817.174.916
Incorporation
16/07/2009
Legal form
Private limited company
Registered office
Ertbruggelaan 180 box 7
2100 Antwerpen · FlandreSee on map
Contributed capital
14 310,00 €
Latest accounts
30/06/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin24 k €48,9 k €14,1 k €27,4 k €40,9 k €36,7 k €47,2 k €83,2 k €
EBITDA22,5 k €47,1 k €11,2 k €25,2 k €39,4 k €34,7 k €42,5 k €80,3 k €
Operating result14,3 k €40,4 k €7,7 k €4,5 k €15,8 k €10 k €16,3 k €27,8 k €
Net result3,4 k €24,1 k €-6 k €-850,6 €7,8 k €449,6 €2,7 k €18,6 k €
Balance sheet
Equity62,1 k €61,1 k €37,1 k €43,1 k €43,9 k €36,1 k €35,7 k €33 k €
Total assets111,8 k €94,6 k €66 k €250,9 k €275,2 k €297,6 k €314,8 k €342,7 k €
Cash36 k €25,8 k €18,7 k €6,9 k €8,7 k €14,3 k €8,6 k €21,5 k €
Debts46,5 k €33,5 k €28,1 k €207,9 k €231,3 k €261,5 k €279,1 k €309,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 4 ended

Active mandates

Henri Albertijn

Director · since 31 mars 2018

Active
Benjamin Albertijn

Director

Active

Ended mandates

Ali Ali

Director

Ended
Benjamin Albertijn

Manager

Ended
Henri Albertijn

Manager

Ended
Marc Claessens

Director

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/01/202631/01/202531/01/202430/01/202328/01/202229/01/2021
General meeting04/12/202505/12/202407/12/202301/12/202202/12/202103/12/2020
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202504/12/202530/01/2026DutchPDF
Micro model30/06/202405/12/202431/01/2025DutchPDF
Micro model30/06/202307/12/202331/01/2024DutchPDF
Micro model30/06/202201/12/202230/01/2023DutchPDF
Micro model30/06/202102/12/202128/01/2022DutchPDF
Micro model30/06/202003/12/202029/01/2021DutchPDF
Micro model30/06/201905/12/201928/01/2020DutchPDF
Micro model30/06/201806/12/201815/01/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 30/06/2025 · 2 active · 4 ended

Active mandates

Henri Albertijn

Director · since 31 mars 2018

Active
Benjamin Albertijn

Director

Active

Ended mandates

Ali Ali

Director

Ended
Benjamin Albertijn

Manager

Ended
Henri Albertijn

Manager

Ended
Marc Claessens

Director

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/03/2023
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Registered office10/05/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates15/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/01/2018
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates08/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/10/2012
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other29/07/2009
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20253,4 k €
  2. 2024
    Annual accounts 202424,1 k €
  3. 2023
    Annual accounts 2023-6 k €
  4. 2022
    Annual accounts 2022-850,6 €
  5. 2021
    Annual accounts 20217,8 k €
  6. 2020
    Annual accounts 2020449,6 €
  7. 2019
    Annual accounts 20192,7 k €
  8. 2018
    Annual accounts 201818,6 k €
  9. 16/07/2009
    IncorporationPrivate limited company