Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.3 to 1.3.
-
Busy address KBO
60 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
SHECCO from Etterbeek, company number BE0889512566, closed financial year 2026 with a result of € 114,762 after tax. For that financial year SHECCO recorded a gross margin of € 269,989 and equity of € 565,015. Compared with financial year 2025, the result moved from € 96,818 to € 114,762. 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 October 30, 2026.
€ 565,015
▲ 25% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 114,762
▲ 19% vs 2025
Profit after tax over the fiscal year.
€ 43,860
▲ 122% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 525,015.
People and assets in 2026
1.3
▼ 0.8 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 62,564
▼ 31% vs 2025
€ 48,100 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.
Debts at end 2026
€ 191,368
▼ 15% vs 2025
Loans from banks and other lenders, long and short.
€ 268,270
▼ 7% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 75,847
▲ 28% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 743,357 | € 267,407 | € 238,387 | € 269,989 | ▲ 13% |
| Profit after taxes | € 298,205 | € 7,896 | € 96,818 | € 114,762 | ▲ 19% |
| Equity | € 345,539 | € 353,435 | € 450,253 | € 565,015 | ▲ 25% |
| Total debts | € 454,993 | € 558,607 | € 645,714 | € 600,742 | ▼ 7% |
| Cash | - | € 5,791 | € 19,764 | € 43,860 | ▲ 122% |
| Retained profit | € 305,539 | € 313,435 | € 410,253 | € 525,015 | ▲ 28% |
| Bank debt | € 180,634 | € 235,749 | € 224,801 | € 191,368 | ▼ 15% |
| Balance sheet total | € 800,532 | € 912,042 | € 1,095,967 | € 1,165,757 | ▲ 6% |
| Employees (FTE) | 5.3 | 5.3 | 2.1 | 1.3 | ▼ 0.8 |
Key figures of SHECCO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SHECCO?
What happened at SHECCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 114,762 (▲ 19% vs 2025). Source: NBB ↗
- HAZEL INSIGHT SL became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 298,205 profit in 2023 to € 114,762 profit in 2026.
Paid € 93,966 in corporate taxes since 2023.
Best year ever: 2023, with € 298,205 profit.
On average € 207,700 of value added per employee in 2026.
Management
The stake of Cuzzi & Macler comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SHECCOBehind SHECCO is HAZEL INSIGHT SL. The shares are held by Cuzzi & Macler (76%). It owns 100% of Shecco America Inc., 100% of Shecco Japan KK and 51% of beatPlus GmbH itself.
Directors
According to the 2026 annual accounts
since 2019
Shareholders
76%
Participations
Shecco America Inc.
100%
Shecco Japan KK
100%
beatPlus GmbH
51%
Establishments
Establishment units
Physical locations of this company
Jachtlaan 133-135
1040 Etterbeek
Jachtlaan 133 box 135
1040 Etterbeek
Active since 1 June 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 60 companies are registered at this address.
All companies at this address →MARTINVEST
€ 6,514 gross margin · 2024
DECAM
€ 47,491 gross margin · 2025
Impact - Santé
General support
€ -400 gross margin · 2025
HANSKIN
€ 1.8 million revenue · 2020
+55 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
GoDaddy DNS
Domain
Domain
shecco.com
Registered
2001-05-30
Registrar
GoDaddy.com, LLC
Expires
2026-05-30
Website info
Features
Security
Network
Details
- Company number
- 0889.512.566
- VAT number
- BE 0889.512.566
- Registered office
- Jachtlaan 133-135, 1040 Etterbeek
- Names & denominations
- SHECCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2007
- Peppol
- Active · Active since 13 Jun 2025
- Contact
- shecco.com
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Markt- en opinieonderzoek
Marktonderzoekbureaus