2 COMMUNICATE
ActiveSummary
2 COMMUNICATE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91,570 and a net result of -€4,904. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability27▼-50
Solvency72▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.85 against 2.97 in 2024; short-term debt: 30.7% and cash: 6% of total assets), but 53.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.8%
Return on assets
-2.5%
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
29 d early
2023
1 d early
2022
230 d late
2021
on the day
2020
58 d late
2019
28 d late
← 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 after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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. Usually files around 14 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€91,570▼ 5.1%
2024 · €96,474
Total assets
€195,478▼ 11.5%
2024 · €220,933
Net result
-€4,904
2024 · €15,144
Working capital
€111,216▼ 12.0%
2024 · €126,394
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€17,372▲ 188%-€312€28,597€20,836▼ 27.1%-€3,714
Net result€14,174within the sector's middle half-€3,438below the sector's middle half€20,624within the sector's middle half€15,144within the sector's middle half▼ 26.6%-€4,904below the sector's middle half
Equity€64,144within the sector's middle half▲ 28.4%€60,706within the sector's middle half▼ 5.4%€81,330within the sector's middle half▲ 34.0%€96,474within the sector's middle half▲ 18.6%€91,570within the sector's middle half▼ 5.1%
Total assets€230,500within the sector's middle half▲ 58.9%€286,303above the sector's middle half▲ 24.2%€210,209within the sector's middle half▼ 26.6%€220,933within the sector's middle half▲ 5.1%€195,478within the sector's middle half▼ 11.5%
Debt€136,383▲ 110%€195,624▲ 43.4%€98,906▼ 49.4%€99,987▲ 1.1%€85,435▼ 14.6%
Working capital€118,434within the sector's middle half▲ 33.2%€132,053above the sector's middle half▲ 11.5%€124,573above the sector's middle half▼ 5.7%€126,394above the sector's middle half▲ 1.5%€111,216within the sector's middle half▼ 12.0%
Solvency27.8%below the sector's middle half▼ 6.6pp21.2%below the sector's middle half▼ 6.6pp38.7%within the sector's middle half▲ 17.5pp43.7%within the sector's middle half▲ 5.0pp46.8%within the sector's middle half▲ 3.2pp
Current ratio3.20within the sector's middle half▲ 0.142.27within the sector's middle half▼ 0.933.62within the sector's middle half▲ 1.352.97within the sector's middle half▼ 0.652.85within the sector's middle half▼ 0.12
Return on assets (ROA)6.1%within the sector's middle half▲ 12.4pp-1.2%below the sector's middle half▼ 7.4pp9.8%within the sector's middle half▲ 11.0pp6.9%within the sector's middle half▼ 3.0pp-2.5%below the sector's middle half▼ 9.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3,714 after €20,836 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195,478
Fixed assets
€24,220 ▼ 20.2%
Current assets
€171,258 ▼ 10.1%
Equity and liabilities €195,478
Equity
€91,570 ▼ 5.1%
Provisions
€18,473 ▼ 24.5%
Debt
€85,435 ▼ 14.6%
Debt's share of the balance-sheet total falls from 45.3% to 43.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3,634▼
2024 · €28,878
Cash flow
€2,444▼
2024 · €23,185
Debt to equity
0.93▼
2024 · 1.04
ROE
-5.4%▼
2024 · 15.7%
Interest coverage
1.34▼
2024 · 6.06
Debt ≤ 1 year
€60,042▼
2024 · €64,174
Debt > 1 year
€25,393▼
2024 · €35,813
Income taxes
€184▼
2024 · €7,600
Staff costs
€7,904▼
2024 · €9,398
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,321 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €58,286 | €20,884 | €9,398 | €7,904 | ▼ 15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,583 | €8,042 | €12,062 | €8,042 | €7,347 | ▼ 8.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | -€5,500 | -€6,000 | ▼ 9.1% |
| Other operating charges640/8 | - | €1,040 | €1,145 | €1,272 | €995 | ▼ 21.7% |
| Gross operating margin9900 | €48,668 | €67,055 | €62,689 | €34,048 | €6,533 | ▼ 80.8% |
| Operating profit (loss)9901 | €17,372 | -€312 | €28,597 | €20,836 | -€3,714 | ▼ 118% |
| Financial income75/76B | - | - | - | €6,671 | €1,709 | ▼ 74.4% |
| Recurring financial income75 | €2 | - | - | €6,671 | €1,709 | ▼ 74.4% |
| Financial charges65/66B | - | €3,126 | €5,723 | €4,765 | €2,715 | ▼ 43.0% |
| Recurring financial charges65 | €3,200 | €3,126 | €5,723 | €4,765 | €2,715 | ▼ 43.0% |
| Profit (loss) for the period before taxes9903 | €14,175 | -€3,438 | €22,874 | €22,743 | -€4,720 | ▼ 121% |
| Income taxes67/77 | €0 | - | €2,250 | €7,600 | €184 | ▼ 97.6% |
| Profit (loss) for the period9904 | €14,174 | -€3,438 | €20,624 | €15,144 | -€4,904 | ▼ 132% |
| Profit (loss) for the period to be appropriated9905 | €14,174 | -€3,438 | €20,624 | €15,144 | -€4,904 | ▼ 132% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €230,500 | €286,303 | €210,209 | €220,933 | €195,478 | ▼ 11.5% |
| Fixed assets21/28 | €58,145 | €50,103 | €38,041 | €30,365 | €24,220 | ▼ 20.2% |
| Intangible fixed assets21 | €49,695 | €43,379 | €33,907 | €27,592 | €22,157 | ▼ 19.7% |
| Tangible fixed assets22/27 | €8,145 | €6,418 | €3,828 | €2,468 | €1,757 | ▼ 28.8% |
| Plant, machinery and equipment23 | - | €6,418 | €3,828 | €2,102 | €1,757 | ▼ 16.4% |
| Assets under construction and advance payments27 | - | - | - | €366 | - | - |
| Financial fixed assets28 | €306 | €306 | €306 | €306 | €306 | = |
| Current assets29/58 | €172,355 | €236,199 | €172,168 | €190,568 | €171,258 | ▼ 10.1% |
| Amounts receivable after more than one year29 | - | €120,000 | €108,000 | €108,000 | €96,000 | ▼ 11.1% |
| Other amounts receivable291 | - | €120,000 | €108,000 | €108,000 | €96,000 | ▼ 11.1% |
| Amounts receivable within one year40/41 | €22,250 | €97,679 | €57,867 | €69,815 | €61,518 | ▼ 11.9% |
| Trade receivables40 | - | €61,765 | €35,440 | €36,419 | €28,144 | ▼ 22.7% |
| Other amounts receivable41 | - | €35,914 | €22,428 | €33,395 | €33,374 | ▼ 0.1% |
| Current investments50/53 | €23,000 | €14,500 | - | - | - | - |
| Cash at bank and in hand54/58 | €7,105 | €4,020 | €5,742 | €9,757 | €11,787 | ▲ 20.8% |
| Deferred charges and accrued income490/1 | - | - | €559 | €2,996 | €1,953 | ▼ 34.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €230,500 | €286,303 | €210,209 | €220,933 | €195,478 | ▼ 11.5% |
| Equity10/15 | €64,144 | €60,706 | €81,330 | €96,474 | €91,570 | ▼ 5.1% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €16,360 | €16,360 | €16,360 | €31,360 | €31,360 | = |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Other1319 | - | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | - | €14,500 | €14,500 | €14,500 | €14,500 | = |
| Distributable reserves133 | - | - | €1,860 | €16,860 | €16,860 | = |
| Profit (loss) carried forward14 | €29,184 | €25,746 | €46,370 | €46,514 | €41,610 | ▼ 10.5% |
| Provisions and deferred taxes16 | €29,973 | €29,973 | €29,973 | €24,473 | €18,473 | ▼ 24.5% |
| Provisions for liabilities and charges160/5 | - | €29,973 | €29,973 | €24,473 | €18,473 | ▼ 24.5% |
| Pensions and similar obligations160 | - | €29,973 | €29,973 | €24,473 | €18,473 | ▼ 24.5% |
| Amounts payable17/49 | €136,383 | €195,624 | €98,906 | €99,987 | €85,435 | ▼ 14.6% |
| Amounts payable after more than one year17 | €76,834 | €90,395 | €51,311 | €35,813 | €25,393 | ▼ 29.1% |
| Financial debts170/4 | - | €90,395 | €51,311 | €35,813 | €25,393 | ▼ 29.1% |
| Amounts payable within one year42/48 | €53,922 | €104,146 | €47,595 | €64,174 | €60,042 | ▼ 6.4% |
| Current portion of amounts payable after more than one year42 | - | €11,339 | €20,361 | €16,581 | €10,420 | ▼ 37.2% |
| Financial debts43 | - | - | - | €2,800 | €1,976 | ▼ 29.4% |
| Credit institutions430/8 | - | - | - | €2,800 | €1,976 | ▼ 29.4% |
| Trade debts44 | €11,758 | €51,130 | €15,699 | €22,707 | €36,281 | ▲ 59.8% |
| Suppliers440/4 | - | €51,130 | €15,699 | €22,707 | €36,281 | ▲ 59.8% |
| Taxes, remuneration and social security45 | - | €26,678 | €11,534 | €18,086 | €11,365 | ▼ 37.2% |
| Taxes450/3 | - | €9,302 | €10,272 | €18,086 | €11,365 | ▼ 37.2% |
| Remuneration and social security454/9 | - | €17,376 | €1,263 | - | - | - |
| Other amounts payable47/48 | - | €15,000 | - | €4,000 | - | - |
| Accrued charges and deferred income492/3 | - | €1,082 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,174 | -€3,438 | €20,624 | €15,144 | -€4,904 | ▼ 132% |
| + Depreciation and write-downs630 | €7,583 | €8,042 | €12,062 | €8,042 | €7,347 | ▼ 8.6% |
| Operating cash flow (approximation) | €21,757 | €4,603 | €32,687 | €23,185 | €2,444 | ▼ 89.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€366 | -€1,202 | ▼ 228% |
| Change in cash | - | -€3,085 | €1,722 | €4,015 | €2,030 | ▼ 49.5% |
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20,624
Net result €20,624 after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 230 days late
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €14,174
Net result €14,174 after one loss-making year.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 58 days late
2020
30-06
Financial
Weakest financial yearnet -€9,138
Net result drops to -€9,138, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 135 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Gent · 3 establishment units since 2003
Ground area
2.2 ha
Building footprint
1.7 ha
Volume, LiDAR
69,773 m³
2 parcels, Flanders · tallest building 23.8 m, ±2 floors. Linked by address, not a title deed.
67
companies at this address
See who is registered here
3 establishment units
2 Communicate
since 20032.134.919.025
Standaard Boekhandel Dok-Noord
since 20162.248.277.183
Standaard Boekhandel Merelbeke
since 20202.308.341.761
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2735/00X002 | Flanders | 2.2 ha | 1 · 1.6 ha | 23.8 m |
| 44412B0245/00R003 | Flanders | 450 m² | 1 · 292 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 6,000 EUR awarded · 6,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Emittance
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TELESEMINAR
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Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 6,969 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
Founded03-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47610Retail trade
62100Computer programming
70200Business and other management consultancy
Contact
E-mail
els.hanssens@telenet.beGent
Phone
0477283501Merelbeke-Melle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0860855303
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.