2 + 4
ActiveSummary
2 + 4 has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,621 and a net result of €63,332. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 7794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency48▲+48
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.28 in 2024; short-term debt: 71.5% and cash: 0% of total assets), and 76.6% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.4%
Return on assets
65.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
21 d early
2024
94 d early
2023
30 d early
2022
28 d early
2021
31 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 38 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€22,621
2024 · -€40,711
Total assets
€96,561▼ 17.1%
2024 · €116,545
Net result
€63,332▼ 15.6%
2024 · €74,999
Working capital
-€32,428▲ 66.2%
2024 · -€95,803
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,043€29,145▲ 71.0%€46,871▲ 60.8%€77,000▲ 64.3%€81,515▲ 5.9%
Net result€13,837€26,102▲ 88.6%€44,318▲ 69.8%€74,999▲ 69.2%€63,332▼ 15.6%
Equity-€186,130▲ 6.9%-€160,027▲ 14.0%-€115,709▲ 27.7%-€40,711▲ 64.8%€22,621
Total assets€177,387▼ 17.3%€152,871▼ 13.8%€141,272▼ 7.6%€116,545▼ 17.5%€96,561▼ 17.1%
Debt€363,517▼ 12.3%€312,899▼ 13.9%€256,982▼ 17.9%€157,255▼ 38.8%€73,940▼ 53.0%
Working capital-€6,891▼ 30.6%-€4,843▲ 29.7%-€184,678▼ 3,714%-€95,803▲ 48.1%-€32,428▲ 66.2%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96,561
Fixed assets
€59,968 ▼ 25.2%
Current assets
€36,593 ▲ 0.6%
Equity and liabilities €96,561
Equity
€22,621
Debt
€73,940
Debt finances 76.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€112,769▲
2024 · €106,788
Cash flow
€94,586▼
2024 · €104,787
Current ratio
0.53▲
2024 · 0.28
Debt to equity
3.27▲
2024 · -3.86
ROE
280.0%
ROA
65.6%▲
2024 · 64.4%
Interest coverage
35.42▼
2024 · 75.00
Debt ≤ 1 year
€69,021▼
2024 · €132,184
Debt > 1 year
€4,919▼
2024 · €23,171
Income taxes
€14,999▲
2024 · €907
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,049 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,994 | €0 | - | - | - |
| Remuneration, social security and pensions62 | -€109 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46,388 | €32,438 | €30,502 | €29,788 | €31,254 | ▲ 4.9% |
| Other operating charges640/8 | €1,279 | €2,240 | €1,948 | €2,560 | €2,965 | ▲ 15.8% |
| Non-recurring operating charges66A | €1,947 | - | - | - | - | - |
| Gross operating margin9900 | €66,549 | €63,823 | €79,321 | €109,348 | €115,734 | ▲ 5.8% |
| Operating profit (loss)9901 | €17,043 | €29,145 | €46,871 | €77,000 | €81,515 | ▲ 5.9% |
| Financial income75/76B | €95 | €0 | €0 | €330 | €0 | ▼ 100% |
| Recurring financial income75 | €95 | €0 | €0 | €330 | €0 | ▼ 100% |
| Financial charges65/66B | €2,637 | €2,331 | €1,834 | €1,424 | €3,184 | ▲ 124% |
| Recurring financial charges65 | €2,637 | €2,331 | €1,834 | €1,424 | €3,184 | ▲ 124% |
| Profit (loss) for the period before taxes9903 | €14,501 | €26,813 | €45,037 | €75,906 | €78,331 | ▲ 3.2% |
| Income taxes67/77 | €664 | €711 | €719 | €907 | €14,999 | ▲ 1,554% |
| Profit (loss) for the period9904 | €13,837 | €26,102 | €44,318 | €74,999 | €63,332 | ▼ 15.6% |
| Profit (loss) for the period to be appropriated9905 | €13,837 | €26,102 | €44,318 | €74,999 | €63,332 | ▼ 15.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €177,387 | €152,871 | €141,272 | €116,545 | €96,561 | ▼ 17.1% |
| Fixed assets21/28 | €164,126 | €133,001 | €109,952 | €80,164 | €59,968 | ▼ 25.2% |
| Tangible fixed assets22/27 | €163,126 | €132,001 | €108,952 | €79,164 | €58,968 | ▼ 25.5% |
| Plant, machinery and equipment23 | €5,748 | €5,354 | €3,457 | €1,315 | €7,898 | ▲ 501% |
| Furniture and vehicles24 | €6,315 | €2,522 | €1,117 | €621 | €125 | ▼ 79.9% |
| Other tangible fixed assets26 | €151,063 | €124,125 | €104,377 | €77,228 | €50,945 | ▼ 34.0% |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €13,262 | €19,871 | €31,320 | €36,381 | €36,593 | ▲ 0.6% |
| Amounts receivable within one year40/41 | €2,956 | €6,303 | €25,270 | €30,915 | €30,683 | ▼ 0.8% |
| Trade receivables40 | €2,956 | €6,303 | €24,989 | €30,822 | €30,263 | ▼ 1.8% |
| Other amounts receivable41 | - | - | €281 | €93 | €420 | ▲ 351% |
| Cash at bank and in hand54/58 | €3,800 | €8,466 | €1,675 | €697 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €6,506 | €5,101 | €4,375 | €4,770 | €5,910 | ▲ 23.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €177,387 | €152,871 | €141,272 | €116,545 | €96,561 | ▼ 17.1% |
| Equity10/15 | -€186,130 | -€160,027 | -€115,709 | -€40,711 | €22,621 | ▲ 156% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | - | €4,021 | - |
| Distributable reserves133 | - | - | - | - | €4,021 | - |
| Profit (loss) carried forward14 | -€204,730 | -€178,627 | -€134,309 | -€59,311 | €0 | ▲ 100% |
| Amounts payable17/49 | €363,517 | €312,899 | €256,982 | €157,255 | €73,940 | ▼ 53.0% |
| Amounts payable after more than one year17 | €343,364 | €288,185 | €40,983 | €23,171 | €4,919 | ▼ 78.8% |
| Financial debts170/4 | €343,364 | €288,185 | €40,983 | €23,171 | €4,919 | ▼ 78.8% |
| Amounts payable within one year42/48 | €20,153 | €24,713 | €215,998 | €132,184 | €69,021 | ▼ 47.8% |
| Current portion of amounts payable after more than one year42 | €16,556 | €16,964 | €17,379 | €17,812 | €18,252 | ▲ 2.5% |
| Financial debts43 | - | - | - | - | €9,091 | - |
| Credit institutions430/8 | - | - | - | - | €9,091 | - |
| Trade debts44 | €2,828 | €4,932 | €5,341 | €3,392 | €8,766 | ▲ 158% |
| Suppliers440/4 | €2,828 | €4,932 | €5,341 | €3,392 | €8,766 | ▲ 158% |
| Taxes, remuneration and social security45 | €769 | €2,817 | €7,255 | €6,953 | €14,656 | ▲ 111% |
| Taxes450/3 | €769 | €2,817 | €6,905 | €6,603 | €14,306 | ▲ 117% |
| Remuneration and social security454/9 | - | - | €350 | €350 | €350 | = |
| Other amounts payable47/48 | - | - | €186,023 | €104,026 | €18,255 | ▼ 82.5% |
| Accrued charges and deferred income492/3 | - | - | - | €1,900 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,837 | €26,102 | €44,318 | €74,999 | €63,332 | ▼ 15.6% |
| + Depreciation and write-downs630 | €46,388 | €32,438 | €30,502 | €29,788 | €31,254 | ▲ 4.9% |
| Operating cash flow (approximation) | €60,226 | €58,540 | €74,820 | €104,787 | €94,586 | ▼ 9.7% |
| Investment in fixed assets (approximation) | - | -€1,313 | -€7,453 | €0 | -€11,059 | - |
| Change in cash | - | €4,666 | -€6,791 | -€978 | -€697 | ▲ 28.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €74,999 ▲69.2%
Net result €74,999, the highest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €13,837
Net result €13,837 after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wuustwezel · 1 establishment unit since 2016
Ground area
1.9 ha
Building footprint
147 m²
Volume, LiDAR
1,156 m³
Parcel 11026B0042/00T000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
2 + 4
since 20162.254.954.545
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11026B0042/00T000 | Flanders | 1.9 ha | 1 · 147 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 6,005 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-06-2016
Fiscal year end31-12
Trade name NL
ROGEGA
Activities, NACEBEL 2025
82990Other business support services
46190Agents in non-specialised wholesale trade
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0656998618
Also
9925:BE0656998618
Registered
26-06-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.