What does S.H.A.D. MANAGEMENT do?

S.H.A.D. MANAGEMENT is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 26 November 2021, 1 establishment.

What is the address of S.H.A.D. MANAGEMENT?

The registered office of S.H.A.D. MANAGEMENT is located at Les Plénesses 40, 4890 Thimister-Clermont.

Is S.H.A.D. MANAGEMENT still active?

Yes. According to the CBE (30 October 2026) S.H.A.D. MANAGEMENT is active, legal situation “Normale toestand”, started on 26 November 2021.

Is S.H.A.D. MANAGEMENT registered on Peppol?

Yes, S.H.A.D. MANAGEMENT is registered on the Peppol network with ID 0208:0777778266.

What is the enterprise number of S.H.A.D. MANAGEMENT?

The enterprise number of S.H.A.D. MANAGEMENT is BE0777778266.

When was S.H.A.D. MANAGEMENT founded?

S.H.A.D. MANAGEMENT was founded on 26 November 2021.

Who are the directors of S.H.A.D. MANAGEMENT?

According to the 2025 annual accounts, the directors of S.H.A.D. MANAGEMENT are: ANNE DOUTREPONT, CATHERINE DOUTREPONT.

Is S.H.A.D. MANAGEMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 November 2021; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did S.H.A.D. MANAGEMENT make in 2025?

S.H.A.D. MANAGEMENT posted a profit after taxes of € 28,690 in financial year 2025.

What is the revenue of S.H.A.D. MANAGEMENT?

As a small company, S.H.A.D. MANAGEMENT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 73,096.

How much does an employee at S.H.A.D. MANAGEMENT earn?

The average wage cost per full-time employee at S.H.A.D. MANAGEMENT was € 50,100 in 2025: staff costs of € 50,121 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does S.H.A.D. MANAGEMENT have?

According to the 2025 annual accounts, S.H.A.D. MANAGEMENT has 1 full-time equivalents (FTE).

S.H.A.D. MANAGEMENT (Private Limited)

Dossier S.H.A.D. MANAGEMENT, printed on 30 October 2026 from databakkes.be/en/0777778266/s-h-a-d-management. 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.

Tight liquidity NBB

Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

S.H.A.D. MANAGEMENT from Thimister-Clermont, company number BE0777778266, closed financial year 2025 with a result of € 28,690 after tax. For that financial year S.H.A.D. MANAGEMENT recorded a gross margin of € 73,096 and equity of € 165,124. Compared with financial year 2024, the result moved from € 68,416 to € 28,690. 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 June 11, 2026.

What it is worth Growing

€ 165,124

▲ 21% vs 2024

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

Profit Healthy

€ 28,690

▼ 58% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12,413

▼ 78% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 140,124.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 50,121

▲ 5% vs 2024

€ 50,100 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.

Vehicles and equipment

€ 6,232

▲ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 109,848

▼ 7% vs 2024

€ 50,094 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 456

▼ 98% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 18,987

▼ 55% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	-	-	€ 190,000 Revenue 2024: € 190,000 First fiscal year in the series	-
Gross margin	€ 33,109 Gross margin 2022: € 33,109 First fiscal year in the series	€ 31,460 Gross margin 2023: € 31,460 ▼ 5% vs 2022 (€ 33,109) Unfavourable step	-	€ 73,096 Gross margin 2025: € 73,096 First fiscal year in the series
Profit after taxes	€ 21,468 Profit after taxes 2022: € 21,468 First fiscal year in the series	€ 21,551 Profit after taxes 2023: € 21,551 Unchanged (€ 21,468) Favourable step	€ 68,416 Profit after taxes 2024: € 68,416 ▲ 217% vs 2023 (€ 21,551) Favourable step	€ 28,690 Profit after taxes 2025: € 28,690 ▼ 58% vs 2024 (€ 68,416) Unfavourable step	▼ 58%
Equity	€ 46,468 Equity 2022: € 46,468 First fiscal year in the series	€ 68,019 Equity 2023: € 68,019 ▲ 46% vs 2022 (€ 46,468) Favourable step	€ 136,435 Equity 2024: € 136,435 ▲ 101% vs 2023 (€ 68,019) Favourable step	€ 165,124 Equity 2025: € 165,124 ▲ 21% vs 2024 (€ 136,435) Favourable step	▲ 21%
Total debts	€ 118,185 Total debts 2022: € 118,185 First fiscal year in the series	€ 280,438 Total debts 2023: € 280,438 ▲ 137% vs 2022 (€ 118,185) Unfavourable step	€ 262,633 Total debts 2024: € 262,633 ▼ 6% vs 2023 (€ 280,438) Favourable step	€ 182,543 Total debts 2025: € 182,543 ▼ 30% vs 2024 (€ 262,633) Favourable step	▼ 30%
Cash	€ 39,652 Cash 2022: € 39,652 First fiscal year in the series	€ 17,407 Cash 2023: € 17,407 ▼ 56% vs 2022 (€ 39,652) Unfavourable step	€ 56,162 Cash 2024: € 56,162 ▲ 223% vs 2023 (€ 17,407) Favourable step	€ 12,413 Cash 2025: € 12,413 ▼ 78% vs 2024 (€ 56,162) Unfavourable step	▼ 78%
Retained profit	€ 21,468 Retained profit 2022: € 21,468 First fiscal year in the series	€ 43,019 Retained profit 2023: € 43,019 ▲ 100% vs 2022 (€ 21,468) Favourable step	€ 111,435 Retained profit 2024: € 111,435 ▲ 159% vs 2023 (€ 43,019) Favourable step	€ 140,124 Retained profit 2025: € 140,124 ▲ 26% vs 2024 (€ 111,435) Favourable step	▲ 26%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 145,625 Bank debt 2023: € 145,625 Unchanged (€ 0) Unfavourable step	€ 118,533 Bank debt 2024: € 118,533 ▼ 19% vs 2023 (€ 145,625) Favourable step	€ 109,848 Bank debt 2025: € 109,848 ▼ 7% vs 2024 (€ 118,533) Favourable step	▼ 7%
Balance sheet total	€ 164,652 Balance sheet total 2022: € 164,652 First fiscal year in the series	€ 348,457 Balance sheet total 2023: € 348,457 ▲ 112% vs 2022 (€ 164,652) Unchanged	€ 399,068 Balance sheet total 2024: € 399,068 ▲ 15% vs 2023 (€ 348,457) Unchanged	€ 347,667 Balance sheet total 2025: € 347,667 ▼ 13% vs 2024 (€ 399,068) Unchanged	▼ 13%
Employees (FTE)	-	-	1 Employees (FTE) 2024: 1 First fiscal year in the series	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of S.H.A.D. MANAGEMENT, 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 S.H.A.D. MANAGEMENT?

What happened at S.H.A.D. MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 11, 2026 New annual accounts for financial year 2025: profit of € 28,690 (▼ 58% vs 2024). Source: NBB ↗
2025 CATHERINE DOUTREPONT stepped down as director. NBB
2022 CATHERINE DOUTREPONT became a director. NBB
Nov 26, 2021 New establishment in Thimister-Clermont. KBO
Nov 26, 2021 Start of the company according to the CBE. KBO
2021 ANNE DOUTREPONT became a director. NBB

In short

From € 21,468 profit in 2022 to € 28,690 profit in 2025.

Paid € 34,954 in corporate taxes since 2022.

Best year ever: 2024, with € 68,416 profit.

On average € 73,100 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

ANNE DOUTREPONT

S.H.A.D. MANAGEMENT

CT5 100%

M.P.P. 100%

Behind S.H.A.D. MANAGEMENT is ANNE DOUTREPONT. It owns 100% of CT5 and 100% of M.P.P. itself.

Directors

According to the 2025 annual accounts

ANNE DOUTREPONT

Director

Also active at: M.G.D., M.P.P., CT5

since 2021

CATHERINE DOUTREPONT

Director

since 2022 · until 2025

Establishments

Establishment units

Physical locations of this company

Registered office

Les Plénesses 40

4890 Thimister-Clermont

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

Details

Company number

0777.778.266

VAT number

BE 0777.778.266

Registered office

Les Plénesses 40, 4890 Thimister-Clermont

Names & denominations

S.H.A.D. MANAGEMENT

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

26 November 2021

Peppol

Active · Active since 6 Mar 2026

Activities · NACE

Overige zakelijke dienstverlening, neg

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

View on CBE Public ↗ Annual accounts (NBB) ↗

S.H.A.D. MANAGEMENT

Warning lights

Financials

What happened to S.H.A.D. MANAGEMENT?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions