Summary
2BC3 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €18,550 and a net result of €105,415. Equity is shrinking by about 24% per year across the filed financial years. Its solvency ranks better than 16% of 9,737 sector peers (NACE 64, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Equity
€18,550▼ 9.1%
2024 · €20,405
Net result
€105,415▲ 15.8%
2024 · €91,049
Total assets
€205,460▲ 54.8%
2024 · €132,761
Solvency
9.0%▼ 6.3pp
2024 · 15.4%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 16% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€142,869
2025
Net result€105,415
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€205,460
2025
Equity€18,550
2025
Debt€186,910
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€48,740
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)51.3%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency9.0%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.74
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€91,284-€107,493▲ 17.8%€108,997▲ 1.4%€165,989▲ 52.3%€124,537▼ 25.0%€123,453▼ 0.9%€142,869▲ 15.7%
Net result€71,971-€84,441above the sector's middle half▲ 17.3%€85,677above the sector's middle half▲ 1.5%€129,579above the sector's middle half▲ 51.2%€92,848above the sector's middle half▼ 28.3%€91,049above the sector's middle half▼ 1.9%€105,415above the sector's middle half▲ 15.8%
Equity€78,171-€162,612within the sector's middle half▲ 108%€248,289within the sector's middle half▲ 52.7%€20,405below the sector's middle half▼ 91.8%€20,405below the sector's middle half=€20,405below the sector's middle half=€18,550below the sector's middle half▼ 9.1%
Total assets€110,852-€200,022within the sector's middle half▲ 80.4%€278,228within the sector's middle half▲ 39.1%€229,490within the sector's middle half▼ 17.5%€192,602within the sector's middle half▼ 16.1%€132,761within the sector's middle half▼ 31.1%€205,460within the sector's middle half▲ 54.8%
Debt€32,680-€37,409▲ 14.5%€29,939▼ 20.0%€209,085▲ 598%€172,197▼ 17.6%€112,356▼ 34.8%€186,910▲ 66.4%
Working capital€62,322-€154,552above the sector's middle half▲ 148%€183,027above the sector's middle half▲ 18.4%-€53,425below the sector's middle half-€84,283below the sector's middle half▼ 57.8%-€68,463below the sector's middle half▲ 18.8%-€48,740below the sector's middle half▲ 28.8%
Solvency70.5%-81.3%above the sector's middle half▲ 10.8pp89.2%above the sector's middle half▲ 7.9pp8.9%below the sector's middle half▼ 80.3pp10.6%below the sector's middle half▲ 1.7pp15.4%below the sector's middle half▲ 4.8pp9.0%below the sector's middle half▼ 6.3pp
Current ratio2.91-5.13above the sector's middle half▲ 2.227.11above the sector's middle half▲ 1.980.74within the sector's middle half▼ 6.370.51below the sector's middle half▼ 0.230.39below the sector's middle half▼ 0.120.74within the sector's middle half▲ 0.35
Return on assets (ROA)64.9%-42.2%above the sector's middle half▼ 22.7pp30.8%above the sector's middle half▼ 11.4pp56.5%above the sector's middle half▲ 25.7pp48.2%above the sector's middle half▼ 8.3pp68.6%above the sector's middle half▲ 20.4pp51.3%above the sector's middle half▼ 17.3pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: 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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205,460
Fixed assets
€67,290 ▼ 24.3%
Current assets
€138,171 ▲ 215%
Equity and liabilities €205,460
Equity
€18,550 ▼ 9.1%
Debt
€186,910 ▲ 66.4%
Debt's share of the balance-sheet total rises from 84.6% to 91.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
568.3%▲
2024 · 446.2%
Debt ≤ 1 year
€186,910▲
2024 · €112,356
Income taxes
€37,315▲
2024 · €32,276
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,575 | €7,788 | €7,441 | €14,473 | €20,122 | €22,337 | €22,874 | ▲ 2.4% |
| Other operating charges640/8 | - | - | €891 | €1,497 | €1,329 | €1,459 | €1,165 | ▼ 20.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €879 | €0 | ▼ 100% |
| Gross operating margin9900 | €101,541 | €116,260 | €117,330 | €181,959 | €145,989 | €148,128 | €166,907 | ▲ 12.7% |
| Operating profit (loss)9901 | €91,284 | €107,493 | €108,997 | €165,989 | €124,537 | €123,453 | €142,869 | ▲ 15.7% |
| Financial income75/76B | - | - | €2 | €0 | €78 | €0 | €26 | - |
| Recurring financial income75 | - | - | €2 | €0 | €78 | €0 | €26 | - |
| Financial charges65/66B | - | - | €129 | €104 | €120 | €127 | €164 | ▲ 29.0% |
| Recurring financial charges65 | €20 | €60 | €129 | €104 | €120 | €127 | €164 | ▲ 29.0% |
| Profit (loss) for the period before taxes9903 | €91,264 | €107,433 | €108,871 | €165,884 | €124,495 | €123,325 | €142,730 | ▲ 15.7% |
| Income taxes67/77 | €19,293 | €22,992 | €23,194 | €36,305 | €31,647 | €32,276 | €37,315 | ▲ 15.6% |
| Profit (loss) for the period9904 | €71,971 | €84,441 | €85,677 | €129,579 | €92,848 | €91,049 | €105,415 | ▲ 15.8% |
| Profit (loss) for the period to be appropriated9905 | €71,971 | €84,441 | €85,677 | €129,579 | €92,848 | €91,049 | €105,415 | ▲ 15.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €110,852 | €200,022 | €278,228 | €229,490 | €192,602 | €132,761 | €205,460 | ▲ 54.8% |
| Fixed assets21/28 | €15,849 | €8,061 | €65,262 | €73,936 | €104,688 | €88,868 | €67,290 | ▼ 24.3% |
| Tangible fixed assets22/27 | €15,849 | €8,061 | €65,262 | €73,936 | €104,688 | €88,868 | €67,290 | ▼ 24.3% |
| Plant, machinery and equipment23 | - | - | €477 | €2,087 | €1,627 | €1,166 | €1,939 | ▲ 66.2% |
| Furniture and vehicles24 | - | - | €64,785 | €51,419 | €41,016 | €29,045 | €13,950 | ▼ 52.0% |
| Other tangible fixed assets26 | - | - | - | €20,430 | €62,045 | €58,657 | €51,401 | ▼ 12.4% |
| Current assets29/58 | €95,003 | €191,961 | €212,966 | €155,554 | €87,914 | €43,893 | €138,171 | ▲ 215% |
| Amounts receivable within one year40/41 | €26,113 | €28,158 | €29,512 | €14,180 | €17,930 | €26,500 | €24,291 | ▼ 8.3% |
| Trade receivables40 | - | - | €28,857 | €14,180 | €14,577 | €23,147 | €23,899 | ▲ 3.2% |
| Other amounts receivable41 | - | - | €655 | €0 | €3,353 | €3,353 | €392 | ▼ 88.3% |
| Cash at bank and in hand54/58 | €67,835 | €163,030 | €181,389 | €139,257 | €67,822 | €15,752 | €113,169 | ▲ 618% |
| Deferred charges and accrued income490/1 | - | - | €2,065 | €2,117 | €2,163 | €1,641 | €711 | ▼ 56.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €110,852 | €200,022 | €278,228 | €229,490 | €192,602 | €132,761 | €205,460 | ▲ 54.8% |
| Equity10/15 | €78,171 | €162,612 | €248,289 | €20,405 | €20,405 | €20,405 | €18,550 | ▼ 9.1% |
| Contributions10/11 | €6,200 | - | €6,200 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €71,971 | €156,412 | €242,089 | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €242,089 | €1,855 | €1,855 | €1,855 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €32,680 | €37,409 | €29,939 | €209,085 | €172,197 | €112,356 | €186,910 | ▲ 66.4% |
| Amounts payable within one year42/48 | €32,680 | €37,409 | €29,939 | €208,980 | €172,197 | €112,356 | €186,910 | ▲ 66.4% |
| Trade debts44 | €1,709 | €2,454 | €686 | €62 | €120 | €246 | €687 | ▲ 180% |
| Suppliers440/4 | - | - | €686 | €62 | €120 | €246 | €687 | ▲ 180% |
| Taxes, remuneration and social security45 | - | - | €29,252 | €18,563 | €8,317 | €13,512 | €19,006 | ▲ 40.7% |
| Taxes450/3 | - | - | €29,252 | €18,563 | €8,317 | €13,512 | €19,006 | ▲ 40.7% |
| Other amounts payable47/48 | - | - | - | €190,355 | €163,760 | €98,598 | €167,217 | ▲ 69.6% |
| Accrued charges and deferred income492/3 | - | - | - | €105 | €0 | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71,971 | €84,441 | €85,677 | €129,579 | €92,848 | €91,049 | €105,415 | ▲ 15.8% |
| + Depreciation and write-downs630 | €8,575 | €7,788 | €7,441 | €14,473 | €20,122 | €22,337 | €22,874 | ▲ 2.4% |
| Operating cash flow (approximation) | €80,546 | €92,229 | €93,118 | €144,052 | €112,970 | €113,386 | €128,289 | ▲ 13.1% |
| Investment in fixed assets (approximation) | - | €0 | -€64,643 | -€23,147 | -€50,874 | -€6,518 | -€1,295 | ▲ 80.1% |
| Change in cash | - | €95,195 | €18,359 | -€42,132 | -€71,435 | -€52,070 | €97,417 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-04-2026 | 2026-00086525 |
| 31-12-2024 | micro format | 14-05-2025 | 2025-00093951 |
| 31-12-2023 | micro format | 03-06-2024 | 2024-00105125 |
| 31-12-2022 | micro format | 08-05-2023 | 2023-00082102 |
| 31-12-2021 | micro format | 25-04-2022 | 2022-20007264 |
| 31-12-2020 | micro format | 25-05-2021 | 2021-14900433 |
| 31-12-2019 | micro format | 08-05-2020 | 2020-12000157 |
Similar companies · same sector, comparable size
LAELA
BE 0553.575.733
Hove · equity €18,550
CIBUS Consult
BE 0612.970.021
Wingene · equity €18,550
FELICITAS
BE 0628.907.319
Nazareth-De Pinte · equity €18,550
BELIXA
BE 0632.633.307
Zulte · equity €18,550
IVES VAN WINGENE
BE 0656.604.381
Geetbets · equity €18,550
Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,124. 7,440 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €1,020 awarded · €1,020 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €375 | €375 |
| 2023 | 1 | €645 | €645 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.