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2BEXTREM

Active
Private limited companyfounded 2018active for 7 yearsRue des Ateliers Smulders 15, 4460 Grâce-Hollogne, BelgiumKBO/BCE: BE 0715.536.732
Summary

2BEXTREM has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €779 and a net result of €3,182. Equity is shrinking by about 66% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 27% of 21,997 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

Equity
€779
2024 · -€2,403
Total assets
€10,699▼ 7.6%
2024 · €11,578
Net result
€3,182▲ 509%
2024 · €523
Working capital
-€2,444▲ 60.2%
2024 · -€6,138
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2,050% above 2024 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.

Operating result€3,586 2025 Net result€3,182 2025

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

Sector: the middle half of NACE 47, Retail trade: 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-€4,403--€2,991▲ 32.1%-€3,495▼ 16.9%-€1,275▲ 63.5%-€6,016▼ 372%€167€3,586▲ 2,050%
Net result-€3,733--€2,155below the sector's middle half▲ 42.3%-€2,641below the sector's middle half▼ 22.5%-€1,214within the sector's middle half▲ 54.0%-€5,181below the sector's middle half▼ 327%€523within the sector's middle half€3,182within the sector's middle half▲ 509%
Equity€12,373-€9,242within the sector's middle half▼ 25.3%€5,626within the sector's middle half▼ 39.1%€4,147within the sector's middle half▼ 26.3%-€2,143below the sector's middle half-€2,403below the sector's middle half▼ 12.1%€779below the sector's middle half
Total assets€22,919-€28,559below the sector's middle half▲ 24.6%€29,304below the sector's middle half▲ 2.6%€22,708below the sector's middle half▼ 22.5%€14,408below the sector's middle half▼ 36.5%€11,578below the sector's middle half▼ 19.6%€10,699below the sector's middle half▼ 7.6%
Debt€10,546-€19,316▲ 83.2%€23,678▲ 22.6%€18,561▼ 21.6%€16,551▼ 10.8%€13,980▼ 15.5%€9,920▼ 29.0%
Working capital€1,892--€3,762within the sector's middle half-€6,085within the sector's middle half▼ 61.7%-€7,056within the sector's middle half▼ 16.0%-€8,662within the sector's middle half▼ 22.8%-€6,138within the sector's middle half▲ 29.1%-€2,444within the sector's middle half▲ 60.2%
Solvency54.0%-32.4%within the sector's middle half▼ 21.6pp19.2%within the sector's middle half▼ 13.2pp18.3%within the sector's middle half▼ 0.9pp-14.9%below the sector's middle half▼ 33.1pp-20.8%below the sector's middle half▼ 5.9pp7.3%within the sector's middle half▲ 28.0pp
Current ratio1.18-0.81below the sector's middle half▼ 0.370.74below the sector's middle half▼ 0.060.62below the sector's middle half▼ 0.120.48below the sector's middle half▼ 0.140.56below the sector's middle half▲ 0.080.75below the sector's middle half▲ 0.19
Return on assets (ROA)-16.3%--7.5%below the sector's middle half▲ 8.7pp-9.0%below the sector's middle half▼ 1.5pp-5.3%below the sector's middle half▲ 3.7pp-36.0%below the sector's middle half▼ 30.6pp4.5%within the sector's middle half▲ 40.5pp29.7%above the sector's middle half▲ 25.2pp
above within below the middle half of NACE 47, Retail trade: 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,699
Fixed assets €3,223 ▼ 13.7%
Current assets €7,476 ▼ 4.7%
Equity and liabilities €10,699
Equity €779
Debt €9,920
Debt finances 92.7% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,988▲
2024 · €2,951
Cash flow
€5,584▲
2024 · €3,306
Quick ratio
0.72▲
2024 · 0.37
Interest coverage
14.82▲
2024 · 6.92
Debt ≤ 1 year
€9,920▼
2024 · €13,980
Equity ratios withheld: equity of €779 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,153 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96.1% are still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96.1% still going

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,468 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% 1.0%
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 2,153 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 · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€11,578€10,699▼
Fixed assets21/28€3,735€3,223▼
Intangible fixed assets21€3,735€3,223▼
Current assets29/58€7,842€7,476▼
Stocks and contracts in progress3€2,623€317▼
Stocks30/36€2,623€317▼
Amounts receivable within one year40/41€312-
Other amounts receivable41€312-
Cash at bank and in hand54/58€4,826€7,077▲
Deferred charges and accrued income490/1€82€82=
Equity and liabilities
Total equity and liabilities10/49€11,578€10,699▼
Equity10/15-€2,403€779▲
Contributions10/11€12,000€12,000=
Profit (loss) carried forward14-€14,403-€11,221▲
Amounts payable17/49€13,980€9,920▼
Amounts payable within one year42/48€13,980€9,920▼
Trade debts44€9,980€5,337▼
Suppliers440/4€9,980€5,337▼
Taxes, remuneration and social security45-€584
Taxes450/3-€584
Other amounts payable47/48€4,000€4,000=
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,784€2,402▼
Other operating charges640/8€100€100=
Gross operating margin9900€3,051€6,088▲
Operating profit (loss)9901€167€3,586▲
Financial income75/76B€782€0▼
Recurring financial income75€782€0▼
Financial charges65/66B€426€404▼
Recurring financial charges65€426€404▼
Profit (loss) for the period before taxes9903€523€3,182▲
Profit (loss) for the period9904€523€3,182▲
Profit (loss) for the period to be appropriated9905€523€3,182▲
Appropriation of the result
Profit (loss) to be appropriated9906-€14,403-€11,221▲
Profit (loss) brought forward from the previous period14P-€14,925-€14,403▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,900€2,476€3,832€4,007€4,683€2,784€2,402▼ 13.7%
Other operating charges640/8--€458€100€100€100€100=
Gross operating margin9900-€1,799€4,933€794€2,832-€1,233€3,051€6,088▲ 99.6%
Operating profit (loss)9901-€4,403-€2,991-€3,495-€1,275-€6,016€167€3,586▲ 2,050%
Financial income75/76B--€975€265€1,109€782€0▼ 100.0%
Recurring financial income75€769€975€975€265€1,109€782€0▼ 100.0%
Financial charges65/66B--€121€204€274€426€404▼ 5.2%
Recurring financial charges65€99€140€121€204€274€426€404▼ 5.2%
Profit (loss) for the period before taxes9903-€3,733-€2,155-€2,641-€1,214-€5,181€523€3,182▲ 509%
Profit (loss) for the period9904-€3,733-€2,155-€2,641-€1,214-€5,181€523€3,182▲ 509%
Profit (loss) for the period to be appropriated9905-€3,733-€2,155-€2,641-€1,214-€5,181€523€3,182▲ 509%
Line2019202020212022202320242025Change
Assets
Total assets20/58€22,919€28,559€29,304€22,708€14,408€11,578€10,699▼ 7.6%
Fixed assets21/28€10,480€13,004€11,710€11,202€6,519€3,735€3,223▼ 13.7%
Intangible fixed assets21€10,480€8,004€11,710€11,202€6,519€3,735€3,223▼ 13.7%
Tangible fixed assets22/27-€5,000------
Current assets29/58€12,439€15,554€17,593€11,505€7,889€7,842€7,476▼ 4.7%
Stocks and contracts in progress3---€2,150€1,000€2,623€317▼ 87.9%
Stocks30/36---€2,150€1,000€2,623€317▼ 87.9%
Amounts receivable within one year40/41€4,153€9,013€11,595€1,152€732€312--
Trade receivables40--€10,890-€200---
Other amounts receivable41--€705€1,152€532€312--
Cash at bank and in hand54/58€8,286€6,541€5,754€8,039€6,157€4,826€7,077▲ 46.7%
Deferred charges and accrued income490/1--€245€164-€82€82=
Equity and liabilities
Total equity and liabilities10/49€22,919€28,559€29,304€22,708€14,408€11,578€10,699▼ 7.6%
Equity10/15€12,373€9,242€5,626€4,147-€2,143-€2,403€779-
Contributions10/11€12,000-€12,000€12,000€12,000€12,000€12,000=
Profit (loss) carried forward14-€3,733-€5,889-€8,530-€9,744-€14,925-€14,403-€11,221▲ 22.1%
Investment grants15--€2,156€1,891€782---
Amounts payable17/49€10,546€19,316€23,678€18,561€16,551€13,980€9,920▼ 29.0%
Amounts payable within one year42/48€10,546€19,316€23,678€18,561€16,551€13,980€9,920▼ 29.0%
Trade debts44€1,204€4,974€9,397€14,561€12,551€9,980€5,337▼ 46.5%
Suppliers440/4--€9,397€14,561€12,551€9,980€5,337▼ 46.5%
Taxes, remuneration and social security45------€584-
Taxes450/3------€584-
Other amounts payable47/48--€14,281€4,000€4,000€4,000€4,000=
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€3,733-€2,155-€2,641-€1,214-€5,181€523€3,182▲ 509%
+ Depreciation and write-downs630€1,900€2,476€3,832€4,007€4,683€2,784€2,402▼ 13.7%
Operating cash flow (approximation)-€1,833€321€1,191€2,792-€498€3,306€5,584▲ 68.9%
Investment in fixed assets (approximation)--€5,000-€2,538-€3,499€0€0-€1,890-
Change in cash--€1,744-€788€2,286-€1,882-€1,332€2,251-

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

Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2025 micro format 18-03-2026 2026-00058349
31-12-2024 micro format 28-07-2025 2025-00326301
31-12-2023 micro format 14-07-2024 2024-00242179
31-12-2022 micro format 19-07-2023 2023-00266520
31-12-2021 micro format 31-07-2022 2022-20268153
31-12-2020 micro format 31-07-2021 2021-45900010
31-12-2019 micro format 23-07-2020 2020-34000411

Similar companies · same sector, comparable size

Of the 1,296 active companies whose main activity is retail sale of other sporting goods (NACE 47639), figures are known for 628. 49 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.