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2A.V

Active
Private limited companyfounded 2002active for 24 yearsSint-Vincentius a Paulostraat 36, 1090 Jette, BelgiumKBO/BCE: BE 0477.660.464
Summary

2A.V has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €132,134 and a net result of €32,063. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 73% of 35,976 sector peers (NACE 43, financial year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
€411,878▼ 3.1%
2021 · €425,068
EBIT margin
2.5%▼ 0.8pp
2021 · 3.3%
Net result
€32,063▲ 2.7%
2023 · €31,229
Working capital
€95,113▲ 40.5%
2023 · €67,710
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 3% above 2023 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€411,878 2022 Operating result€41,428 2024 Net result€32,063 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€339,365€425,068▲ 25.3%€411,878▼ 3.1%
Operating result€4,865-€14,438▲ 197%€17,678▲ 22.4%€13,892▼ 21.4%€10,116▼ 27.2%€40,174▲ 297%€41,428▲ 3.1%
Net result-€348-€8,177€9,597within the sector's middle half▲ 17.4%€5,107within the sector's middle half▼ 46.8%-€37below the sector's middle half€31,229above the sector's middle half€32,063above the sector's middle half▲ 2.7%
EBIT margin5.2%3.3%▼ 1.9pp2.5%▼ 0.8pp
Equity€45,997-€54,174▲ 17.8%€63,771within the sector's middle half▲ 17.7%€68,879within the sector's middle half▲ 8.0%€68,842within the sector's middle half▼ 0.1%€100,071within the sector's middle half▲ 45.4%€132,134within the sector's middle half▲ 32.0%
Total assets€114,968-€118,713▲ 3.3%€127,378within the sector's middle half▲ 7.3%€118,634within the sector's middle half▼ 6.9%€126,595within the sector's middle half▲ 6.7%€150,843within the sector's middle half▲ 19.2%€195,686within the sector's middle half▲ 29.7%
Debt€68,970-€64,539▼ 6.4%€63,606▼ 1.4%€49,755▼ 21.8%€57,753▲ 16.1%€50,772▼ 12.1%€63,552▲ 25.2%
Working capital€29,217-€42,169▲ 44.3%€46,328within the sector's middle half▲ 9.9%€51,035within the sector's middle half▲ 10.2%€40,118within the sector's middle half▼ 21.4%€67,710within the sector's middle half▲ 68.8%€95,113above the sector's middle half▲ 40.5%
Solvency40.0%-45.6%▲ 5.6pp50.1%within the sector's middle half▲ 4.4pp58.1%within the sector's middle half▲ 8.0pp54.4%within the sector's middle half▼ 3.7pp66.3%within the sector's middle half▲ 12.0pp67.5%within the sector's middle half▲ 1.2pp
Current ratio1.55-1.77▲ 0.222.02within the sector's middle half▲ 0.242.51within the sector's middle half▲ 0.492.76within the sector's middle half▲ 0.253.43above the sector's middle half▲ 0.674.72above the sector's middle half▲ 1.29
Return on assets (ROA)-0.3%-6.9%▲ 7.2pp7.5%within the sector's middle half▲ 0.6pp4.3%within the sector's middle half▼ 3.2pp0.0%below the sector's middle half▼ 4.3pp20.7%above the sector's middle half▲ 20.7pp16.4%within the sector's middle half▼ 4.3pp
Staff (FTE)1-1=
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €195,686
Fixed assets €74,978 ▲ 35.8%
Current assets €120,708 ▲ 26.2%
Equity and liabilities €195,686
Equity €132,134 ▲ 32.0%
Debt €63,552 ▲ 25.2%
Debt's share of the balance-sheet total falls from 33.7% to 32.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€66,264▲
2023 · €55,813
Cash flow
€56,899▲
2023 · €46,868
Quick ratio
4.47▲
2023 · 3.22
Debt to equity
0.48▼
2023 · 0.51
ROE
24.3%▼
2023 · 31.2%
Interest coverage
40.61▼
2023 · 43.83
Debt ≤ 1 year
€25,595▼
2023 · €27,903
Debt > 1 year
€37,957▲
2023 · €22,868
Income taxes
€7,734▲
2023 · €7,677
Staff costs
€36,956▼
2023 · €45,054
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 31,368 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€150,843€195,686▲
Fixed assets21/28€55,230€74,978▲
Tangible fixed assets22/27€52,820€72,568▲
Plant, machinery and equipment23€187€1,007▲
Furniture and vehicles24€52,633€71,561▲
Financial fixed assets28€2,410€2,410=
Current assets29/58€95,613€120,708▲
Stocks and contracts in progress3€5,701€6,301▲
Stocks30/36€5,701€6,301▲
Amounts receivable within one year40/41€77,862€75,726▼
Trade receivables40€33,771€22,448▼
Other amounts receivable41€44,091€53,278▲
Cash at bank and in hand54/58€12,050€38,681▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€150,843€195,686▲
Equity10/15€100,071€132,134▲
Contributions10/11€18,600€18,600=
Reserves13€31,860€31,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€30,000€30,000=
Profit (loss) carried forward14€49,611€81,674▲
Amounts payable17/49€50,772€63,552▲
Amounts payable after more than one year17€22,868€37,957▲
Financial debts170/4€22,868€37,957▲
Amounts payable within one year42/48€27,903€25,595▼
Current portion of amounts payable after more than one year42€11,230€16,732▲
Trade debts44€1,769€2,296▲
Suppliers440/4€1,769€2,296▲
Taxes, remuneration and social security45€14,904€6,567▼
Taxes450/3€3,990€2,298▼
Remuneration and social security454/9€10,914€4,269▼
Income statement Code20232024
Non-recurring operating income76A-€3,100
Remuneration, social security and pensions62€45,054€36,956▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,639€24,836▲
Other operating charges640/8€1,373€15,837▲
Non-recurring operating charges66A-€1,848
Gross operating margin9900€102,240€120,905▲
Operating profit (loss)9901€40,174€41,428▲
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€1,273€1,632▲
Recurring financial charges65€1,273€1,632▲
Profit (loss) for the period before taxes9903€38,907€39,796▲
Income taxes67/77€7,677€7,734▲
Profit (loss) for the period9904€31,229€32,063▲
Profit (loss) for the period to be appropriated9905€31,229€32,063▲
Appropriation of the result
Profit (loss) to be appropriated9906€49,611€81,674▲
Profit (loss) brought forward from the previous period14P€18,382€49,611▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Turnover70--€339,365€425,068€411,878---
Non-recurring operating income76A------€3,100-
Goods, raw materials, services and sundry goods60/61---€370,417€358,157---
Remuneration, social security and pensions62---€38,891€40,909€45,054€36,956▼ 18.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,827€11,939€16,263€14,079€29,685€15,639€24,836▲ 58.8%
Other operating charges640/8---€12,787€12,920€1,373€15,837▲ 12×
Non-recurring operating charges66A------€1,848-
Gross operating margin9900€63,413€71,454€65,696€79,649€93,630€102,240€120,905▲ 18.3%
Operating profit (loss)9901€4,865€14,438€17,678€13,892€10,116€40,174€41,428▲ 3.1%
Financial income75/76B---€205-€6--
Recurring financial income75€640€1,049-€0-€6--
Non-recurring financial income76B---€205----
Financial charges65/66B---€1,490€2,652€1,273€1,632▲ 28.1%
Recurring financial charges65€4,949€4,087€2,668€1,490€2,652€1,273€1,632▲ 28.1%
Non-recurring financial charges66B---€0----
Profit (loss) for the period before taxes9903€555€11,400€14,597€12,607€7,463€38,907€39,796▲ 2.3%
Income taxes67/77€904€3,223€5,000€7,500€7,500€7,677€7,734▲ 0.7%
Profit (loss) for the period9904-€348€8,177€9,597€5,107-€37€31,229€32,063▲ 2.7%
Profit (loss) for the period to be appropriated9905-€348€8,177€9,597€5,107-€37€31,229€32,063▲ 2.7%
Line2018201920202021202220232024Change
Assets
Total assets20/58€114,968€118,713€127,378€118,634€126,595€150,843€195,686▲ 29.7%
Fixed assets21/28€32,998€22,067€35,556€33,713€63,687€55,230€74,978▲ 35.8%
Tangible fixed assets22/27€30,588€19,657€33,146€31,303€61,277€52,820€72,568▲ 37.4%
Plant, machinery and equipment23---€4,384€1,636€187€1,007▲ 438%
Furniture and vehicles24---€26,919€59,641€52,633€71,561▲ 36.0%
Financial fixed assets28€2,410€2,410€2,410€2,410€2,410€2,410€2,410=
Current assets29/58€81,970€96,647€91,822€84,921€62,907€95,613€120,708▲ 26.2%
Stocks and contracts in progress3€5,953€5,599€6,949€6,026€5,701€5,701€6,301▲ 10.5%
Stocks30/36---€6,026€5,701€5,701€6,301▲ 10.5%
Amounts receivable within one year40/41€70,495€86,232€61,032€75,889€52,705€77,862€75,726▼ 2.7%
Trade receivables40---€43,455€21,118€33,771€22,448▼ 33.5%
Other amounts receivable41---€32,435€31,587€44,091€53,278▲ 20.8%
Cash at bank and in hand54/58€2,592€2,055€23,841€3,006€4,501€12,050€38,681▲ 221%
Deferred charges and accrued income490/1-----€0--
Equity and liabilities
Total equity and liabilities10/49€114,968€118,713€127,378€118,634€126,595€150,843€195,686▲ 29.7%
Equity10/15€45,997€54,174€63,771€68,879€68,842€100,071€132,134▲ 32.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600€18,600€18,600=
Capital10---€18,600----
Issued capital100---€18,600----
Reserves13€27,397€31,860€31,860€31,860€31,860€31,860€31,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860=
Legal reserve130---€1,860----
Reserves not available under the articles1311----€1,860€1,860€1,860=
Distributable reserves133---€30,000€30,000€30,000€30,000=
Profit (loss) carried forward14-€3,714€13,311€18,419€18,382€49,611€81,674▲ 64.6%
Amounts payable17/49€68,970€64,539€63,606€49,755€57,753€50,772€63,552▲ 25.2%
Amounts payable after more than one year17€15,195€9,231€18,112€15,869€34,963€22,868€37,957▲ 66.0%
Financial debts170/4---€15,869€34,963€22,868€37,957▲ 66.0%
Amounts payable within one year42/48€52,753€54,478€45,494€33,886€22,790€27,903€25,595▼ 8.3%
Current portion of amounts payable after more than one year42---€7,070€15,124€11,230€16,732▲ 49.0%
Trade debts44€3,783€13,816€28,652€19,992-€1,769€2,296▲ 29.8%
Suppliers440/4---€19,992-€1,769€2,296▲ 29.8%
Taxes, remuneration and social security45---€6,824€7,665€14,904€6,567▼ 55.9%
Taxes450/3---€2,891€3,327€3,990€2,298▼ 42.4%
Remuneration and social security454/9---€3,933€4,339€10,914€4,269▼ 60.9%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€348€8,177€9,597€5,107-€37€31,229€32,063▲ 2.7%
+ Depreciation and write-downs630€12,827€11,939€16,263€14,079€29,685€15,639€24,836▲ 58.8%
Operating cash flow (approximation)€12,479€20,116€25,860€19,186€29,648€46,868€56,899▲ 21.4%
Investment in fixed assets (approximation)--€1,008-€29,752-€12,236-€59,659-€7,182-€44,584▼ 521%
Change in cash--€536€21,786-€20,835€1,496€7,549€26,631▲ 253%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 23 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 27-10-2025 2025-00558165
31-12-2023 micro format 19-11-2024 2024-00603033
31-12-2022 micro format 07-04-2024 2024-00060968
31-12-2021 micro format 06-11-2023 2023-00508631
31-12-2020 micro format 31-10-2021 2021-76200087
31-12-2019 micro format 22-09-2020 2020-55100323
31-12-2018 micro format 11-06-2019 2019-17500459
31-12-2017 micro format 16-08-2018 2018-46300280
31-12-2016 full format 29-08-2017 2017-51300433
31-12-2015 full format 27-06-2016 2016-22700258

Show all 23 filings

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