Financials
Financial year 2025
SH-Projects from Rijkevorsel, company number BE0774903306, closed financial year 2025 with a result of € 16,796 after tax. For that financial year SH-Projects recorded a gross margin of € 37,213 and equity of € 76,217. Compared with financial year 2024, the result moved from € 5,247 to € 16,796. 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 July 10, 2026.
€ 76,217
▲ 28% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,796
▲ 220% vs 2024
Profit after tax over the fiscal year.
€ 1,681
▼ 85% 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 € 72,217.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,268
▼ 43% 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.
€ 14,952
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,044
▼ 2% 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 | € 40,669 | € 42,396 | € 23,716 | € 37,213 | ▲ 57% |
| Profit after taxes | € 30,351 | € 19,823 | € 5,247 | € 16,796 | ▲ 220% |
| Equity | € 34,351 | € 54,174 | € 59,421 | € 76,217 | ▲ 28% |
| Total debts | € 85,148 | € 67,042 | € 38,597 | € 24,996 | ▼ 35% |
| Cash | € 16,601 | € 33,404 | € 11,058 | € 1,681 | ▼ 85% |
| Retained profit | € 30,351 | € 50,174 | € 55,421 | € 72,217 | ▲ 30% |
| Balance sheet total | € 119,499 | € 121,216 | € 98,017 | € 101,213 | ▲ 3% |
Key figures of SH-Projects, 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 SH-Projects?
What happened at SH-Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,796 (▲ 220% vs 2024). Source: NBB ↗
- New establishment in Rijkevorsel. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,351 profit in 2022 to € 16,796 profit in 2025.
Paid € 15,506 in corporate taxes since 2022.
Best year ever: 2022, with € 30,351 profit.
Management
Behind SH-Projects is Shaey Hoes.
Directors
According to the 2025 annual accounts
Shaey Hoes
Director
Establishments
Establishment units
Physical locations of this company
Mispelweg 2
2310 Rijkevorsel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0774.903.306
- VAT number
- BE 0774.903.306
- Registered office
- Mispelweg 2, 2310 Rijkevorsel
- Names & denominations
- SH-Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2021
- Peppol
- Active · Active since 17 Dec 2024
- Activities · NACE
Sanitaire werkzaamheden
Algemene elektrotechnische installatiewerken