What does SHAPES IMMO do?

SHAPES IMMO is a metalworking company in Kuurne. Public Limited, started on 22 May 2006, 2 establishments.

What is the address of SHAPES IMMO?

The registered office of SHAPES IMMO is located at Noordlaan 35, 8520 Kuurne.

Is SHAPES IMMO still active?

Yes. According to the CBE (29 October 2026) SHAPES IMMO is active, legal situation “Normale toestand”, started on 22 May 2006.

Is SHAPES IMMO registered on Peppol?

Yes, SHAPES IMMO is registered on the Peppol network with ID 0208:0881454341.

What is the enterprise number of SHAPES IMMO?

The enterprise number of SHAPES IMMO is BE0881454341.

When was SHAPES IMMO founded?

SHAPES IMMO was founded on 22 May 2006.

Who are the directors of SHAPES IMMO?

According to the 2025 annual accounts, the directors of SHAPES IMMO are: MWM BV, Lutho BV, Hadefis BV.

Is SHAPES IMMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 May 2006; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 2 establishments in the CBE.

How much profit did SHAPES IMMO make in 2025?

SHAPES IMMO posted a profit after taxes of € 472,149 in financial year 2025.

What is the revenue of SHAPES IMMO?

In its most recent annual accounts (2025), SHAPES IMMO reported revenue of € 1,198,179.

How much does an employee at SHAPES IMMO earn?

The average wage cost per full-time employee at SHAPES IMMO was € 62,700 in 2024: staff costs of € 5.4 million for 85.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SHAPES IMMO have?

According to the 2025 annual accounts, SHAPES IMMO has 0 full-time equivalents (FTE).

SHAPES IMMO (Public Limited) - Kuurne - BE0881454341

Dossier SHAPES IMMO, printed on 29 October 2026 from databakkes.be/en/0881454341/shapes-immo. 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 13 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

SHAPES IMMO from Kuurne, company number BE0881454341, closed financial year 2025 with a result of € 472,149 after tax. For that financial year SHAPES IMMO recorded revenue of € 1.2 million and equity of € 5.2 million. Compared with financial year 2024, the result moved from € 156,181 to € 472,149. Profitable, and profit is growing. 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 27, 2026.

What it is worth Healthy

€ 5.2 million

▼ 38% vs 2024

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

Profit Growing

€ 472,149

▲ 202% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 32,585

▼ 89% 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 € 1.2 million.

People and assets in 2025

Full-time equivalents

▼ 85.4 vs 2024

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

Vehicles and equipment

€ 625,723

▼ 68% vs 2024

Of which on lease € 625,723.

Debts at end 2025

Bank debt ≈ 7 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.

€ 6.4 million

▼ 46% vs 2024

€ 879,707 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 175,732

▼ 82% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 374 days on average.

Taxes

€ 9,670

▼ 99% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 22,102,420 Revenue 2022: € 22,102,420 First fiscal year in the series	€ 19,398,662 Revenue 2023: € 19,398,662 ▼ 12% vs 2022 (€ 22,102,420) Unfavourable step	€ 18,950,700 Revenue 2024: € 18,950,700 ▼ 2% vs 2023 (€ 19,398,662) Unfavourable step	€ 1,198,179 Revenue 2025: € 1,198,179 ▼ 94% vs 2024 (€ 18,950,700) Unfavourable step	▼ 94%
Profit after taxes	€ 1,447,454 Profit after taxes 2022: € 1,447,454 First fiscal year in the series	€ 688,656 Profit after taxes 2023: € 688,656 ▼ 52% vs 2022 (€ 1,447,454) Unfavourable step	€ 156,181 Profit after taxes 2024: € 156,181 ▼ 77% vs 2023 (€ 688,656) Unfavourable step	€ 472,149 Profit after taxes 2025: € 472,149 ▲ 202% vs 2024 (€ 156,181) Favourable step	▲ 202%
Equity	€ 7,572,002 Equity 2022: € 7,572,002 First fiscal year in the series	€ 8,260,658 Equity 2023: € 8,260,658 ▲ 9% vs 2022 (€ 7,572,002) Favourable step	€ 8,416,839 Equity 2024: € 8,416,839 ▲ 2% vs 2023 (€ 8,260,658) Favourable step	€ 5,203,454 Equity 2025: € 5,203,454 ▼ 38% vs 2024 (€ 8,416,839) Unfavourable step	▼ 38%
Total debts	€ 11,982,870 Total debts 2022: € 11,982,870 First fiscal year in the series	€ 15,187,065 Total debts 2023: € 15,187,065 ▲ 27% vs 2022 (€ 11,982,870) Unfavourable step	€ 13,621,682 Total debts 2024: € 13,621,682 ▼ 10% vs 2023 (€ 15,187,065) Favourable step	€ 6,560,929 Total debts 2025: € 6,560,929 ▼ 52% vs 2024 (€ 13,621,682) Favourable step	▼ 52%
Cash	€ 1,354,802 Cash 2022: € 1,354,802 First fiscal year in the series	€ 1,547,723 Cash 2023: € 1,547,723 ▲ 14% vs 2022 (€ 1,354,802) Favourable step	€ 301,580 Cash 2024: € 301,580 ▼ 81% vs 2023 (€ 1,547,723) Unfavourable step	€ 32,585 Cash 2025: € 32,585 ▼ 89% vs 2024 (€ 301,580) Unfavourable step	▼ 89%
Land & buildings	€ 2,612,158 Land & buildings 2022: € 2,612,158 First fiscal year in the series	€ 2,600,452 Land & buildings 2023: € 2,600,452 Unchanged (€ 2,612,158) Unchanged	€ 2,591,979 Land & buildings 2024: € 2,591,979 Unchanged (€ 2,600,452) Unchanged	€ 10,392,883 Land & buildings 2025: € 10,392,883 ▲ € 7.8 million vs 2024 (€ 2,591,979) Unchanged	▲ € 7.8 million
Retained profit	€ 4,522,002 Retained profit 2022: € 4,522,002 First fiscal year in the series	€ 5,210,658 Retained profit 2023: € 5,210,658 ▲ 15% vs 2022 (€ 4,522,002) Favourable step	€ 5,366,839 Retained profit 2024: € 5,366,839 ▲ 3% vs 2023 (€ 5,210,658) Favourable step	€ 1,205,057 Retained profit 2025: € 1,205,057 ▼ 78% vs 2024 (€ 5,366,839) Unfavourable step	▼ 78%
Bank debt	€ 10,063,270 Bank debt 2022: € 10,063,270 First fiscal year in the series	€ 13,174,316 Bank debt 2023: € 13,174,316 ▲ 31% vs 2022 (€ 10,063,270) Unfavourable step	€ 11,843,134 Bank debt 2024: € 11,843,134 ▼ 10% vs 2023 (€ 13,174,316) Favourable step	€ 6,375,527 Bank debt 2025: € 6,375,527 ▼ 46% vs 2024 (€ 11,843,134) Favourable step	▼ 46%
Balance sheet total	€ 19,554,872 Balance sheet total 2022: € 19,554,872 First fiscal year in the series	€ 23,447,723 Balance sheet total 2023: € 23,447,723 ▲ 20% vs 2022 (€ 19,554,872) Unchanged	€ 22,038,521 Balance sheet total 2024: € 22,038,521 ▼ 6% vs 2023 (€ 23,447,723) Unchanged	€ 11,764,383 Balance sheet total 2025: € 11,764,383 ▼ 47% vs 2024 (€ 22,038,521) Unchanged	▼ 47%
Employees (FTE)	83.9 Employees (FTE) 2022: 83.9 First fiscal year in the series	82 Employees (FTE) 2023: 82 ▼ 1.9 vs 2022 (83.9) Unchanged	85.4 Employees (FTE) 2024: 85.4 ▲ 3.4 vs 2023 (82) Unchanged	0 Employees (FTE) 2025: 0 ▼ 85.4 vs 2024 (85.4) Unchanged	▼ 85.4

Key figures of SHAPES IMMO, 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 SHAPES IMMO?

What happened at SHAPES IMMO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 MWM BV stepped down as director. NBB
2029 Lutho BV stepped down as director. NBB
2029 Hadefis BV stepped down as director. NBB
Jul 27, 2026 New annual accounts for financial year 2025: profit of € 472,149 (▲ 202% vs 2024). Source: NBB ↗
2023 MWM BV became a director. NBB
2023 Lutho BV became a director. NBB
2023 Hadefis BV became a director. NBB
Jan 1, 2021 New establishment in Kuurne. KBO