ACTIVE

SHAPE Development

Financial year 2025 · closed on 31/12/2025
Net result
716,9 €
-99.9% YoY
Gross margin
192,5 k €
-68.0% YoY
Equity
300,2 k €
+0.2% YoY
Workforce
0,2 ETP
0.0% YoY

What does SHAPE Development do?

SHAPE Development is a Public limited company incorporated in 2005. Its registered office is in Gent. It employs on average 0,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0871.665.655
Incorporation
01/02/2005
Legal form
Public limited company
Registered office
Kortrijksesteenweg 1045A box 0002
9051 Gent · FlandreSee on map
Contributed capital
258 000,00 €
Latest accounts
31/12/2025
Average workforce
0,2 ETP
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross margin192,5 k €601,5 k €-409,8 k €-130,6 k €-21,7 k €-41,6 k €9,4 k €1,1 M €227,5 k €160,2 k €43,7 k €69,1 k €-26,0 k €70,7 k €-13,5 k €-38,2 k €53,3 k €143,3 k €
EBITDA145,1 k €588,2 k €-413,5 k €-136,4 k €-23,0 k €-43,1 k €7,1 k €1,1 M €225,9 k €159,1 k €43,3 k €68,6 k €-26,4 k €45,8 k €-39,3 k €-73,4 k €31,2 k €135,5 k €
Operating result142,0 k €595,7 k €-359,7 k €-205,1 k €-48,9 k €-95,0 k €-44,8 k €1,1 M €216,2 k €155,7 k €39,3 k €64,6 k €-30,4 k €43,9 k €-41,3 k €-75,0 k €29,3 k €133,9 k €
Net result716,9 €566,3 k €-341,9 k €-208,7 k €-47,8 k €-99,7 k €-42,6 k €705,3 k €122,5 k €87,5 k €69,1 k €66,3 k €-24,9 k €45,7 k €160,0 k €-84,9 k €6,6 k €49,7 k €
Balance sheet
Equity300,2 k €299,4 k €-266,9 k €75,1 k €283,8 k €203,5 k €303,2 k €1,3 M €590,5 k €468,0 k €380,5 k €311,4 k €263,0 k €287,9 k €242,2 k €82,2 k €173,6 k €176,9 k €
Total assets3,7 M €1,6 M €6,9 M €3,6 M €1,6 M €2,9 M €1,5 M €2,3 M €5,2 M €3,6 M €1,6 M €845,6 k €368,3 k €418,8 k €247,9 k €150,1 k €543,3 k €892,8 k €
Cash142,2 k €616,5 k €993,2 k €1,1 M €203,1 k €486,7 k €477,8 k €1,4 M €920,8 k €1,3 M €361,7 k €86,8 k €139,5 k €114,8 k €227,7 k €98,9 k €109,9 k €133,2 k €
Debts3,4 M €1,2 M €7,1 M €3,4 M €1,2 M €2,7 M €1,2 M €1,0 M €4,6 M €3,1 M €1,2 M €506,6 k €105,2 k €130,9 k €5,7 k €68,0 k €369,7 k €707,0 k €
Other
Workforce0,2 ETP0,2 ETP0,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

SHAPE Group

Director · since 01 février 2025 · 0693.802.495

Represented by Van De Voorde Guillaume

Active

Ended mandates

FIGI Holding

Director · since 28 septembre 2021 · 0679.998.803

Represented by Guillaume Van De Voorde

Ended
FIGI Holding

Director · since 29 mars 2018 · until 09 mars 2023 · 0679.998.803

Represented by Guillaume Van De Voorde

Ended
FIGI Holding

Mandate · since 29 mars 2018 · until 09 mai 2023 · 0679.998.803

Represented by Guillaume Van De Voorde

Ended
IRYSS

Mandate · since 29 mars 2018 · until 09 mai 2023 · 0464.968.807

Represented by Stephan Rahier

Ended
At this address

Other companies at this address

CompanyCBE no.
1023.904.680
0763.573.706
SHAPE FactoryActive
1022.319.523
SHAPE GroupActive
0693.802.495
1020.254.809
SHAPE InvestActive
1023.321.294
0775.311.102
Sigl VastgoedActive
1020.255.403
Studio SHAPEActive
0677.888.854
1031.005.773
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date10/06/202627/05/202512/06/202423/05/202302/06/202221/04/2021
General meeting12/05/202613/05/202514/05/202409/05/202310/05/202213/04/2021
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
Abridged model31/12/202512/05/202610/06/2026DutchPDF
Abridged model31/12/202413/05/202527/05/2025DutchPDF
Abridged model31/12/202314/05/202412/06/2024DutchPDF
Abridged model31/12/202209/05/202323/05/2023DutchPDF
Abridged model31/12/202110/05/202202/06/2022DutchPDF
Abridged model31/12/202013/04/202121/04/2021DutchPDF
Abridged model31/12/201909/04/202020/04/2020DutchPDF
Abridged model31/12/201814/05/201911/06/2019DutchPDF
Abridged model31/12/201718/06/201826/06/2018DutchPDF
Abridged model31/12/201609/05/201707/06/2017DutchPDF
Abridged model31/12/201510/06/201620/07/2016DutchPDF
Abridged model31/12/201430/06/201503/07/2015DutchPDF
Abridged model31/12/201330/06/201421/08/2014DutchPDF
Abridged model31/12/201219/06/201308/07/2013DutchPDF
Abridged model31/12/201111/06/201212/06/2012DutchPDF
Abridged model31/12/201014/06/201116/06/2011DutchPDF
Abridged model31/12/200910/06/201029/06/2010DutchPDF
Abridged model31/12/200816/06/200909/07/2009DutchPDF
Abridged model31/12/200710/06/200829/08/2008DutchPDF
Abridged model31/12/200608/05/200701/08/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 19 ended

Active mandates

SHAPE Group

Director · since 01 février 2025 · 0693.802.495

Represented by Van De Voorde Guillaume

Active

Ended mandates

FIGI Holding

Director · since 28 septembre 2021 · 0679.998.803

Represented by Guillaume Van De Voorde

Ended
FIGI Holding

Director · since 29 mars 2018 · until 09 mars 2023 · 0679.998.803

Represented by Guillaume Van De Voorde

Ended
FIGI Holding

Mandate · since 29 mars 2018 · until 09 mai 2023 · 0679.998.803

Represented by Guillaume Van De Voorde

Ended
IRYSS

Mandate · since 29 mars 2018 · until 09 mai 2023 · 0464.968.807

Represented by Stephan Rahier

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates19/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/03/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring31/01/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring12/10/2018
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates24/04/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/08/2017
    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 2025716,9 €
  2. 2024
    Annual accounts 2024566,3 k €
  3. 2023
    Annual accounts 2023-341,9 k €
  4. 2022
    Annual accounts 2022-208,7 k €
  5. 2021
    Annual accounts 2021-47,8 k €
  6. 2019
    Annual accounts 2019-99,7 k €
  7. 2018
    Annual accounts 2018-42,6 k €
  8. 2017
    Annual accounts 2017705,3 k €
  9. 2016
    Annual accounts 2016122,5 k €
  10. 2015
    Annual accounts 201587,5 k €
  11. 2014
    Annual accounts 201469,1 k €
  12. 2013
    Annual accounts 201366,3 k €
  13. 2012
    Annual accounts 2012-24,9 k €
  14. 2011
    Annual accounts 201145,7 k €
  15. 2010
    Annual accounts 2010160,0 k €
  16. 2009
    Annual accounts 2009-84,9 k €
  17. 2008
    Annual accounts 20086,6 k €
  18. 2007
    Annual accounts 200749,7 k €
  19. 01/02/2005
    IncorporationPublic limited company