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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 18 to 7.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Shippr from Elsene, company number BE0674799306, closed financial year 2025 with a result of € -1.3 million after tax. For that financial year Shippr recorded a gross margin of € -257,525 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € -2.6 million to € -1.3 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 1.7 million
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.3 million
▲ 49 % less loss than in 2024
Profit after tax over the fiscal year.
€ 238,375
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.5 million.
People and assets in 2025
7
▼ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 646,932
▼ 36% vs 2024
€ 92,400 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.
€ 11,664
▲ 32% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 79% vs 2024
€ 426,930 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 799,295
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,023
▲ 33% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -423,549 | € -1,017,252 | € -1,211,183 | € -257,525 | ▲ € 953,658 |
| Profit after taxes | € -2,137,157 | € -2,604,575 | € -2,568,839 | € -1,299,158 | ▲ € 1.3 million |
| Equity | € 3,490,174 | € 5,598,076 | € 3,029,237 | € 1,730,079 | ▼ 43% |
| Total debts | € 1,553,662 | € 1,488,547 | € 1,786,526 | € 2,136,505 | ▲ 20% |
| Cash | € 3,157,837 | € 4,257,867 | € 1,005,190 | € 238,375 | ▼ 76% |
| Retained profit | € -3,866,203 | € -6,470,778 | € -9,039,617 | € -2,463,768 | ▲ € 6.6 million |
| Bank debt | € 631,893 | € 766,897 | € 640,535 | € 1,144,772 | ▲ 79% |
| Balance sheet total | € 5,087,497 | € 7,086,623 | € 4,815,764 | € 3,866,584 | ▼ 20% |
| Employees (FTE) | 16.1 | 18 | 10.8 | 7 | ▼ 3.8 |
Key figures of Shippr, 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 Shippr?
What happened at Shippr in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.3 million. Source: NBB ↗
- SEEDER FUND II MANAGEMENT SA became a director. NBB
- Olivier Tabery became a director. NBB
- Joshua Maxey stepped down as director. NBB
- Antoine Duchateau stepped down as director. NBB
- Société fédérale de Participations et d'Investissement stepped down as director. NBB
- Wouter Volckaert stepped down as director. NBB
- Olivier de Duve stepped down as director. NBB
In short
From € 2.1 million loss in 2022 to € 1.3 million loss in 2025.
Paid € 1,887 in corporate taxes since 2022.
A new publication or filing at Shippr? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ShipprBehind Shippr are Romain Syed, SEEDER FUND II MANAGEMENT SA and Olivier Tabery. The shares are held by SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (26.9%). It owns 100% of Shippr UK and 100% of Shippr France itself.
Directors
According to the 2025 annual accounts
Romain Syed
Managing director
Director · represented by David Van Tieghem
Also active at: SEEDER FUND, WeGroup, SEEDER FUND II
since 2026
since 2026
· until 2026
· until 2025
Antoine Duchateau
Director
Also active at: Notre Abri Pour Les Tout Petits, Emulco, URBANTZ, Spentys, EMULCO LABORATORIES
· until 2026
Société fédérale de Participations et d'Investissement
Director · represented by Jos Callens
Also active at: Aviapartner Belgium, Société Anonyme Belge de Constructions Aéronautiques, Société Nationale de Construction Aérospatiale, COMETSAMBRE, ASCO INDUSTRIES, ZEPHYR - FIN, Sabena Aerospace Engineering, reMYND +57 more
· until 2026
· until 2026
· until 2025
Shareholders
Participations
Shippr UK
100%
Shippr France
100%
Establishments
Establishment units
Physical locations of this company
Louizalaan 350
1050 Elsene
Louizalaan 350 box Shippr
1050 Elsene
Active since 25 April 2017
Rue Antoine de Saint-Exupéry 2
6041 Charleroi
Active since 1 October 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →BELGAPAD
€ -144,270 gross margin · 2025
BEYOND LAW FIRM
€ 87,864 gross margin · 2025
Talentis Group
€ 222,503 gross margin · 2024
RTT Commerce
€ 187,818 gross margin · 2025
AFRAN CONSULTING
€ 87,363 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0674.799.306
- VAT number
- BE 0674.799.306
- Registered office
- Louizalaan 350, 1050 Elsene
- Names & denominations
- Shippr
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 April 2017
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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