What does C-Shift do?

C-Shift is registered with the CBE as active in: Vervaardiging van andere chemische producten, neg. Public Limited, started on 10 August 2015, 2 establishments.

What is the address of C-Shift?

The registered office of C-Shift is located at John Kennedylaan 51, 9042 Gent.

Is C-Shift still active?

Yes. According to the CBE (29 October 2026) C-Shift is active, legal situation “Normale toestand”, started on 10 August 2015.

Is C-Shift registered on Peppol?

Yes, C-Shift is registered on the Peppol network with ID 0208:0634938739.

What is the enterprise number of C-Shift?

The enterprise number of C-Shift is BE0634938739.

When was C-Shift founded?

C-Shift was founded on 10 August 2015.

Who are the directors of C-Shift?

According to the 2025 annual accounts, the directors of C-Shift are: Frederik VAN DE VELDE, Frederik ENGELS, Petra VERLODT, Wim VAN DER STRICHT, ArcelorMittal Holding Services Belgium.

Is C-Shift a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 August 2015; 4 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 2 establishments in the CBE.

How much profit did C-Shift make in 2025?

C-Shift recorded a loss after taxes of € 2,162,788 in financial year 2025.

C-Shift (Public Limited) - Gent - BE0634938739

Dossier C-Shift, printed on 29 October 2026 from databakkes.be/en/0634938739/c-shift. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

C-Shift from Gent, company number BE0634938739, closed financial year 2025 with a result of € -2.2 million after tax. Compared with financial year 2024, the result moved from € -7.1 million to € -2.2 million. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.

What it is worth Growing

€ 30.2 million

▲ 7% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -2.2 million

▲ 70 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 8.8 million

▲ € 8.4 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -31.5 million.

People and assets in 2025

Vehicles and equipment

€ 27,036

▼ 6% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 11 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 202.7 million

▲ 8% vs 2024

€ 18.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.

Owed to suppliers

€ 23.8 million

▼ 7% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 12837 days on average.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Profit after taxes	€ -5,800,595 Profit after taxes 2022: € -5,800,595 First fiscal year in the series	€ -10,397,465 Profit after taxes 2023: € -10,397,465 ▼ € 4.6 million vs 2022 (€ -5,800,595) Unfavourable step	€ -7,103,558 Profit after taxes 2024: € -7,103,558 ▲ € 3.3 million vs 2023 (€ -10,397,465) Favourable step	€ -2,162,788 Profit after taxes 2025: € -2,162,788 ▲ € 4.9 million vs 2024 (€ -7,103,558) Favourable step	▲ € 4.9 million
Equity	€ 41,929,822 Equity 2022: € 41,929,822 First fiscal year in the series	€ 31,612,017 Equity 2023: € 31,612,017 ▼ 25% vs 2022 (€ 41,929,822) Unfavourable step	€ 28,220,328 Equity 2024: € 28,220,328 ▼ 11% vs 2023 (€ 31,612,017) Unfavourable step	€ 30,167,277 Equity 2025: € 30,167,277 ▲ 7% vs 2024 (€ 28,220,328) Favourable step	▲ 7%
Total debts	€ 155,088,548 Total debts 2022: € 155,088,548 First fiscal year in the series	€ 195,355,396 Total debts 2023: € 195,355,396 ▲ 26% vs 2022 (€ 155,088,548) Unfavourable step	€ 213,268,748 Total debts 2024: € 213,268,748 ▲ 9% vs 2023 (€ 195,355,396) Unfavourable step	€ 226,592,084 Total debts 2025: € 226,592,084 ▲ 6% vs 2024 (€ 213,268,748) Unfavourable step	▲ 6%
Cash	€ 70,406 Cash 2022: € 70,406 First fiscal year in the series	€ 29,158 Cash 2023: € 29,158 ▼ 59% vs 2022 (€ 70,406) Unfavourable step	€ 337,333 Cash 2024: € 337,333 ▲ € 308,176 vs 2023 (€ 29,158) Favourable step	€ 8,758,680 Cash 2025: € 8,758,680 ▲ € 8.4 million vs 2024 (€ 337,333) Favourable step	▲ € 8.4 million
Retained profit	€ -11,885,577 Retained profit 2022: € -11,885,577 First fiscal year in the series	€ -22,283,042 Retained profit 2023: € -22,283,042 ▼ € 10.4 million vs 2022 (€ -11,885,577) Unfavourable step	€ -29,386,600 Retained profit 2024: € -29,386,600 ▼ € 7.1 million vs 2023 (€ -22,283,042) Unfavourable step	€ -31,549,388 Retained profit 2025: € -31,549,388 ▼ € 2.2 million vs 2024 (€ -29,386,600) Unfavourable step	▼ € 2.2 million
Bank debt	€ 137,539,993 Bank debt 2022: € 137,539,993 First fiscal year in the series	€ 171,700,828 Bank debt 2023: € 171,700,828 ▲ 25% vs 2022 (€ 137,539,993) Unfavourable step	€ 187,748,514 Bank debt 2024: € 187,748,514 ▲ 9% vs 2023 (€ 171,700,828) Unfavourable step	€ 202,748,514 Bank debt 2025: € 202,748,514 ▲ 8% vs 2024 (€ 187,748,514) Unfavourable step	▲ 8%
Balance sheet total	€ 197,018,370 Balance sheet total 2022: € 197,018,370 First fiscal year in the series	€ 226,967,414 Balance sheet total 2023: € 226,967,414 ▲ 15% vs 2022 (€ 197,018,370) Unchanged	€ 241,489,076 Balance sheet total 2024: € 241,489,076 ▲ 6% vs 2023 (€ 226,967,414) Unchanged	€ 256,759,361 Balance sheet total 2025: € 256,759,361 ▲ 6% vs 2024 (€ 241,489,076) Unchanged	▲ 6%

Key figures of C-Shift, 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 C-Shift?

What happened at C-Shift in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Frederik VAN DE VELDE stepped down as director. NBB
2028 Frederik ENGELS stepped down as director. NBB
2028 Wim VAN DER STRICHT stepped down as director. NBB
Jun 18, 2026 New annual accounts for financial year 2025: loss of € 2.2 million. Source: NBB ↗
2026 Petra VERLODT stepped down as director. NBB
2026 ArcelorMittal Holding Services Belgium stepped down as director. NBB
2025 Frederik VAN DE VELDE became a director. NBB
2025 Frederik ENGELS became a director. NBB

In short

From € 5.8 million loss in 2022 to € 2.2 million loss in 2025.

Original PDFs at the National Bank ↗

Management

ArcelorMittal Holding Services Belgium 100%

C-Shift

The shares are held by ArcelorMittal Holding Services Belgium (100%).

Directors

According to the 2025 annual accounts

Frederik VAN DE VELDE

Director

since 2025 · until 2028

Frederik ENGELS

Managing director

since 2025 · until 2028

Petra VERLODT

Director

since 2017 · until 2026

Wim VAN DER STRICHT

Director

since 2022 · until 2028

ArcelorMittal Holding Services Belgium

Director · represented by Erwin DE MEYST

Also active at: ARCELORMITTAL BELGIUM, ArcelorMittal Logistics Belgium, ArcelorMittal Tailored Blanks Liège, ArcelorMittal Belgium Recycling, RETRIMEUSE, ARCEO, ArcelorMittal Tailored Blanks Gent, ArcelorMittal Tailored Blanks

since 2024 · until 2026

Shareholders

ArcelorMittal Holding Services Belgium

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

John Kennedylaan 51

9042 Gent

2.348.461.951

Knippegroen 20

9042 Gent

Active since 1 June 2023

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.

All companies at this address →

Vriendenkring - Sidmar

ArcelorMittal Belgium Recycling same network

€ 30.3 million revenue · 2025

ArcelorMittal Tailored Blanks Gent same network

€ 42.3 million revenue · 2025

ArcelorMittal Tailored Blanks same network

€ 29,865 revenue · 2025

BV IMCG INDUSTRIESERVICE

€ -1,079 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0634.938.739

VAT number

BE 0634.938.739

Registered office

John Kennedylaan 51, 9042 Gent

Names & denominations

C-Shift

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 August 2015

Peppol

Active · Active since 16 Dec 2025

Activities · NACE

Vervaardiging van andere chemische producten, neg

Speur- en ontwikkelingswerk op biotechnologisch gebied

Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied

View on CBE Public ↗ Annual accounts (NBB) ↗

C-Shift

Warning lights

Financials

What happened to C-Shift?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions