Financials
Financial year 2024
Shiver from Veurne, company number BE0685987166, closed financial year 2024 with a result of € 1.3 million after tax. For that financial year Shiver recorded a gross margin of € 1.9 million and equity of € 972,223. Compared with financial year 2023, the result moved from € 219,744 to € 1.3 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 August 29, 2025.
€ 972,223
▲ € 1.3 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▲ € 1.1 million vs 2023
Profit after tax over the fiscal year.
€ 257,782
▲ € 213,833 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 47,223.
People and assets in 2024
5.7
▼ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 499,239
▲ 8% vs 2023
€ 87,600 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 2024
None
No bank loans on the last day of the fiscal year.
€ 1 million
▲ 75% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 297,396
▲ 66% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -167,320 | € -144,517 | € 798,140 | € 1,946,348 | ▲ 144% |
| Profit after taxes | € -410,830 | € -648,415 | € 219,744 | € 1,340,893 | ▲ € 1.1 million |
| Equity | € -339,999 | € -588,414 | € -368,670 | € 972,223 | ▲ € 1.3 million |
| Total debts | € 702,833 | € 1,072,814 | € 1,728,128 | € 1,378,563 | ▼ 20% |
| Cash | € 4,002 | € 129,222 | € 43,949 | € 257,782 | ▲ € 213,833 |
| Retained profit | € -864,999 | € -1,513,414 | € -1,293,670 | € 47,223 | ▲ € 1.3 million |
| Bank debt | € 525,413 | € 57,584 | € 34,878 | € 0 | ▼ 100% |
| Balance sheet total | € 362,833 | € 484,400 | € 1,359,459 | € 2,350,786 | ▲ 73% |
| Employees (FTE) | 2.1 | 4.5 | 6.2 | 5.7 | ▼ 0.5 |
By gross margin, Shiver ranks 5th of 63 companies with main activity “Groothandel in elektrisch materiaal, inclusief installatiemateriaal” in West Flanders that publish figures (fiscal year 2024).
Key figures of Shiver, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
Ask about Shiver the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Shiver?
What happened at Shiver in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.3 million (▲ € 1.1 million vs 2023). filed late Source: NBB ↗
- Herus BV became a director. NBB
- Portino BV became a director. NBB
- Capital increase of € 400,000, published in the Gazette. Source: Staatsblad ↗
- Capital increase of € 40,331, published in the Gazette. Source: Staatsblad ↗
- Capital increase of € 68,888, published in the Gazette. Source: Staatsblad ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Veurne. KBO
In short
From € 410,830 loss in 2021 to € 1.3 million profit in 2024.
Paid € 2,302 in corporate taxes since 2021.
Best year ever: 2024, with € 1.3 million profit.
On average € 341,500 of value added per employee in 2024.
Management
The stake of PRADO EUROPE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ShiverBehind Shiver are Herus BV and Portino BV. The shares are held by PRADO EUROPE (100%).
Directors
According to the 2024 annual accounts
Director · represented by Gauthier LAMBRECHT
since 2025
Director · represented by Thibault RENSON
Also active at: VERVLOET, VERVLOET INTERNATIONAL, PRADO EUROPE, AREL, ATELIER LUXUS
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Handelsstraat 19
8630 Veurne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Capital increase
Source: Deed ↗- SHIVER(aandeelhouder) 8.5%
Incorporation
Source: Deed ↗- DE BACKER Bart Carlos Marie Antoinette(oprichter) 82%
- DENDERLAND-MARTIN(oprichter) 6.8%
- DE BACKER Sabine Bertha Cyrilla(oprichter) 5.7%
- LEMON COMPANIES(oprichter) 5.5%
Details
- Company number
- 0685.987.166
- VAT number
- BE 0685.987.166
- Registered office
- Handelsstraat 19, 8630 Veurne
- Names & denominations
- Shiver
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2017
- Peppol
- Active · Active since 25 Jun 2026
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Vervaardiging van onderdelen van elektrische installaties