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 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SHIFT GEAR from Grez-Doiceau, company number BE0568634190, closed financial year 2025 with a result of € 51,208 after tax. For that financial year SHIFT GEAR recorded a gross margin of € 118,293 and equity of € 247,145. Compared with financial year 2024, the result moved from € 68,149 to € 51,208. The company is profitable. 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 December 18, 2025.
€ 247,145
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,208
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 31,391
▼ 49% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 228,545.
People and assets in 2025
€ 3,942
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10,327
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,307
▲ 110% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,849 | € 85,788 | € 142,648 | € 118,293 | ▼ 17% |
| Profit after taxes | € 16,727 | € 43,956 | € 68,149 | € 51,208 | ▼ 25% |
| Equity | € 83,832 | € 127,788 | € 195,937 | € 247,145 | ▲ 26% |
| Total debts | € 419,174 | € 436,134 | € 389,913 | € 363,275 | ▼ 7% |
| Cash | € 46,601 | € 107,218 | € 62,006 | € 31,391 | ▼ 49% |
| Retained profit | € 65,232 | € 109,188 | € 177,337 | € 228,545 | ▲ 29% |
| Balance sheet total | € 503,006 | € 563,922 | € 585,850 | € 610,421 | ▲ 4% |
Key figures of SHIFT GEAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SHIFT GEAR?
What happened at SHIFT GEAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,208 (▼ 25% vs 2024). Source: NBB ↗
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,727 profit in 2022 to € 51,208 profit in 2025.
Paid € 166,179 in corporate taxes since 2022.
Best year ever: 2024, with € 68,149 profit.
Management
Behind SHIFT GEAR is Benoît Scheen. Benoît Scheen is also behind SA DELHEZ, CE+T TELECOMMUNICATIONS and NEXXCOM.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Allée Bois de Bercuit 105
1390 Grez-Doiceau
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0568.634.190
- VAT number
- BE 0568.634.190
- Registered office
- Allée Bois de Bercuit 105, 1390 Grez-Doiceau
- Names & denominations
- SHIFT GEAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 2015
- Peppol
- Active · Active since 29 Oct 2025
- Activities · NACE
Ontwerpen van computerprogramma’s
Ontwerpen en programmeren van computerprogramma's
Carrosserieherstelling (inclusief spuiten en verven)
Groothandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in ICT-apparatuur
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
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