Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SHOPINVEST from Waasmunster, company number BE0440907956, closed financial year 2025 with a result of € 20 million after tax. For that financial year SHOPINVEST recorded a gross margin of € -216,894 and equity of € 88.2 million. Compared with financial year 2024, the result moved from € 4.1 million to € 20 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 88.2 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20 million
▲ € 15.9 million vs 2024
Profit after tax over the fiscal year.
€ 478,923
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 3.7 million paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.1
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 183,606
▼ 13% vs 2024
€ 87,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 86,904
▲ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2 million
▲ € 1.8 million vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -349,824 | € -929,713 | € -170,572 | € -216,894 | ▼ € 46,322 |
| Profit after taxes | € -2,728,387 | € 4,932,199 | € 4,104,457 | € 20,043,182 | ▲ € 15.9 million |
| Equity | € 67,231,293 | € 72,163,492 | € 71,834,832 | € 88,202,893 | ▲ 23% |
| Total debts | € 2,682,380 | € 5,875,565 | € 3,348,374 | € 5,824,032 | ▲ 74% |
| Cash | € 3,409,209 | € 8,875,895 | € 2,161,258 | € 478,923 | ▼ 78% |
| Land & buildings | € 225,501 | € 212,586 | € 199,672 | € 186,757 | ▼ 6% |
| Retained profit | € 37,236,995 | € 42,169,194 | € 41,840,533 | € 58,208,594 | ▲ 39% |
| Dividend | € 0 | € 0 | € 4,433,118 | € 3,675,121 | ▼ 17% |
| Balance sheet total | € 74,725,461 | € 82,622,307 | € 78,553,994 | € 97,255,512 | ▲ 24% |
| Employees (FTE) | 1.5 | 1.4 | 1.6 | 2.1 | ▲ 0.5 |
Key figures of SHOPINVEST, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SHOPINVEST?
What happened at SHOPINVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bamboo Nation BV stepped down as director. NBB
- Kristal Consult stepped down as director. NBB
- G3R stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20 million (▲ € 15.9 million vs 2024). Source: NBB ↗
- Bamboo Nation BV became a director. NBB
- G3R became a director. NBB
- Kristal Consult became a director. NBB
- New establishment in Waasmunster. KBO
In short
From € 2.7 million loss in 2022 to € 20 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2025, with € 20 million profit.
Paid out € 8.1 million in dividends to the owners in total.
Management
It owns 100% of De Vleterbeek, 100% of De Bommelaersbeek, 90% of Number4, 49% of Happy Ger LLC, 49% of MBIF LTD and 30% of De Robaertbeek itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Managing director · represented by Kristof Talpe
Also active at: GLORIA CONSTRUCT, DE VLETERBEEK, GLOTEC
since 2022 · until 2028
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Gentstraat 17 box 3
9250 Waasmunster
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0440.907.956
- VAT number
- BE 0440.907.956
- Registered office
- Gentstraat 17 bus 3, 9250 Waasmunster
- Names & denominations
- SHOPINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 1990
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- shopinvest.be
- Activities · NACE
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