2BSECURED
ActiveSummary
2BSECURED has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €8k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 60% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+25
Solvency70▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.95 in 2024; short-term debt: 36.2% and cash: 21% of total assets), but 54.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more 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
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
45.3%
Return on assets
3.9%
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
29 d late
2023
23 d late
2022
29 d late
2021
61 d late
2020
13 d late
2019
60 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▲ 9.5%
2024 · €80k
2018: €49k
2019: €49k▼ -0.7% vs 2018
2020: €48k▼ -0.7% vs 2019lowest in 8 years
2021: €48k▲ +0.2% vs 2020
2022: €56k▲ +15.0% vs 2021
2023: €75k▲ +35.2% vs 2022
2024: €80k▲ +6.9% vs 2023
2025: €88k▲ +9.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€195k▲ 20.9%
2024 · €161k
2018: €467khighest in 8 years
2019: €352k▼ -24.8% vs 2018
2020: €158k▼ -55.0% vs 2019
2021: €153k▼ -3.2% vs 2020lowest in 8 years
2022: €203k▲ +32.3% vs 2021
2023: €181k▼ -10.6% vs 2022
2024: €161k▼ -11.3% vs 2023
2025: €195k▲ +20.9% vs 2024
2018 → 2025
Net result
€8k▲ 47.3%
2024 · €5k
2018: €38khighest in 8 years
2019: €-361▼ -101% vs 2018lowest in 8 years
2020: €-319▲ +11.9% vs 2019
2021: €110▲ +134% vs 2020
2022: €7k▲ +6525% vs 2021
2023: €20k▲ +170% vs 2022
2024: €5k▼ -73.6% vs 2023
2025: €8k▲ +47.3% vs 2024
2018 → 2025
Working capital
€57k▼ 14.3%
2024 · €67k
2018: €38k
2019: €13k▼ -65.4% vs 2018lowest in 8 years
2020: €19k▲ +47.4% vs 2019
2021: €21k▲ +9.3% vs 2020
2022: €38k▲ +83.0% vs 2021
2023: €53k▲ +37.2% vs 2022
2024: €67k▲ +27.5% vs 2023highest in 8 years
2025: €57k▼ -14.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€56k▲ 15.0%€75k▲ 35.2%€80k▲ 6.9%€88k▲ 9.5%
2021: €48klowest in 5 years
2022: €56k▲ +15.0% vs 2021
2023: €75k▲ +35.2% vs 2022
2024: €80k▲ +6.9% vs 2023
2025: €88k▲ +9.5% vs 2024highest in 5 years
Operating result€7k-€24k▲ 254%€40k▲ 61.8%€19k▼ 51.5%€20k▲ 6.3%
2021: €7klowest in 5 years
2022: €24k▲ +254% vs 2021
2023: €40k▲ +61.8% vs 2022highest in 5 years
2024: €19k▼ -51.5% vs 2023
2025: €20k▲ +6.3% vs 2024
Net result€110-€7k▲ 6,525%€20k▲ 170%€5k▼ 73.6%€8k▲ 47.3%
2021: €110lowest in 5 years
2022: €7k▲ +6525% vs 2021
2023: €20k▲ +170% vs 2022highest in 5 years
2024: €5k▼ -73.6% vs 2023
2025: €8k▲ +47.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets
€67k ▲ 185%
Current assets
€128k ▼ 7.1%
Equity and liabilities €195k
Equity
€88k ▲ 9.5%
Debt
€106k ▲ 32.2%
Debt's share of the balance-sheet total rises from 50.0% to 54.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€40k▲
2024 · €29k
Cash flow
€27k▲
2024 · €15k
Current ratio
1.81▼
2024 · 1.95
Quick ratio
1.72▼
2024 · 1.87
Debt to equity
1.21▲
2024 · 1.00
ROE
8.6%▲
2024 · 6.4%
ROA
3.9%▲
2024 · 3.2%
Interest coverage
6.53▲
2024 · 3.20
Debt ≤ 1 year
€70k▼
2024 · €71k
Debt > 1 year
€35k▲
2024 · €9k
Income taxes
€10k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€161k€195k▲
Fixed assets21/28€23k€67k▲
Tangible fixed assets22/27€23k€67k▲
Plant, machinery and equipment23€484€117▼
Furniture and vehicles24€21k€64k▲
Other tangible fixed assets26€2k€2k▼
Current assets29/58€138k€128k▼
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€89k€73k▼
Trade receivables40€5k€18k▲
Other amounts receivable41€84k€56k▼
Cash at bank and in hand54/58€42k€41k▼
Deferred charges and accrued income490/1€393€7k▲
Equity and liabilities
Total equity and liabilities10/49€161k€195k▲
Equity10/15€80k€88k▲
Contributions10/11€19k€19k=
Reserves13€62k€69k▲
Distributable reserves133€62k€69k▲
Amounts payable17/49€80k€106k▲
Amounts payable after more than one year17€9k€35k▲
Financial debts170/4€5k€35k▲
Trade debts175€0-
Other amounts payable178/9€4k€0▼
Amounts payable within one year42/48€71k€70k▼
Current portion of amounts payable after more than one year42€10k€20k▲
Financial debts43€27k€18k▼
Credit institutions430/8€27k€18k▼
Trade debts44€8k€8k▼
Suppliers440/4€8k€8k▼
Taxes, remuneration and social security45€25k€25k▼
Taxes450/3€25k€25k▼
Accrued charges and deferred income492/3€1k€799▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€20k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€1k€799▼
Gross operating margin9900€30k€43k▲
Operating profit (loss)9901€19k€20k▲
Financial income75/76B€34€4k▲
Recurring financial income75€34€4k▲
Financial charges65/66B€9k€6k▼
Recurring financial charges65€9k€6k▼
Profit (loss) for the period before taxes9903€10k€18k▲
Income taxes67/77€5k€10k▲
Profit (loss) for the period9904€5k€8k▲
Profit (loss) for the period to be appropriated9905€5k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€8k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€5k€8k▲
To other reserves6921€5k€8k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €13k | €9k | €10k | €20k | ▲ 109% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2k | - |
| Other operating charges640/8 | €3k | €2k | €2k | €1k | €799 | ▼ 23.6% |
| Gross operating margin9900 | €27k | €40k | €51k | €30k | €43k | ▲ 44.7% |
| Operating profit (loss)9901 | €7k | €24k | €40k | €19k | €20k | ▲ 6.3% |
| Financial income75/76B | €3k | €15 | €33 | €34 | €4k | ▲ 11,044% |
| Recurring financial income75 | €3k | €15 | €33 | €34 | €4k | ▲ 11,044% |
| Financial charges65/66B | €5k | €6k | €6k | €9k | €6k | ▼ 31.3% |
| Recurring financial charges65 | €5k | €6k | €6k | €9k | €6k | ▼ 31.3% |
| Profit (loss) for the period before taxes9903 | €5k | €19k | €33k | €10k | €18k | ▲ 75.8% |
| Income taxes67/77 | €5k | €11k | €13k | €5k | €10k | ▲ 105% |
| Profit (loss) for the period9904 | €110 | €7k | €20k | €5k | €8k | ▲ 47.3% |
| Profit (loss) for the period to be appropriated9905 | €110 | €7k | €20k | €5k | €8k | ▲ 47.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €153k | €203k | €181k | €161k | €195k | ▲ 20.9% |
| Fixed assets21/28 | €41k | €40k | €31k | €23k | €67k | ▲ 185% |
| Tangible fixed assets22/27 | €41k | €40k | €31k | €23k | €67k | ▲ 185% |
| Plant, machinery and equipment23 | €2k | €1k | €850 | €484 | €117 | ▼ 75.7% |
| Furniture and vehicles24 | €33k | €39k | €30k | €21k | €64k | ▲ 213% |
| Leasing and similar rights25 | €6k | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €2k | €2k | ▼ 10.1% |
| Current assets29/58 | €112k | €163k | €151k | €138k | €128k | ▼ 7.1% |
| Stocks and contracts in progress3 | €7k | €10k | €4k | €6k | €7k | ▲ 23.4% |
| Stocks30/36 | €7k | €10k | €4k | €6k | €7k | ▲ 23.4% |
| Amounts receivable within one year40/41 | €98k | €145k | €121k | €89k | €73k | ▼ 17.7% |
| Trade receivables40 | €4k | €21k | €38k | €5k | €18k | ▲ 244% |
| Other amounts receivable41 | €94k | €124k | €83k | €84k | €56k | ▼ 34.0% |
| Current investments50/53 | €63 | €63 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €6k | €7k | €25k | €42k | €41k | ▼ 3.5% |
| Deferred charges and accrued income490/1 | €506 | €2k | €1k | €393 | €7k | ▲ 1,617% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €153k | €203k | €181k | €161k | €195k | ▲ 20.9% |
| Equity10/15 | €48k | €56k | €75k | €80k | €88k | ▲ 9.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €30k | €38k | €57k | €62k | €69k | ▲ 12.3% |
| Distributable reserves133 | €30k | €38k | €57k | €62k | €69k | ▲ 12.3% |
| Profit (loss) carried forward14 | €-570 | €-570 | €0 | - | - | - |
| Amounts payable17/49 | €105k | €147k | €106k | €80k | €106k | ▲ 32.2% |
| Amounts payable after more than one year17 | €13k | €23k | €8k | €9k | €35k | ▲ 305% |
| Financial debts170/4 | €3k | - | - | €5k | €35k | ▲ 614% |
| Trade debts175 | - | €16k | €4k | €0 | - | - |
| Other amounts payable178/9 | €10k | €7k | €4k | €4k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €91k | €125k | €98k | €71k | €70k | ▼ 0.2% |
| Current portion of amounts payable after more than one year42 | €9k | €18k | €15k | €10k | €20k | ▲ 96.3% |
| Financial debts43 | €58k | €59k | €35k | €27k | €18k | ▼ 33.3% |
| Credit institutions430/8 | €58k | €59k | €35k | €27k | €18k | ▼ 33.3% |
| Trade debts44 | €13k | €21k | €12k | €8k | €8k | ▼ 9.2% |
| Suppliers440/4 | €13k | €21k | €12k | €8k | €8k | ▼ 9.2% |
| Taxes, remuneration and social security45 | €13k | €27k | €36k | €25k | €25k | ▼ 0.1% |
| Taxes450/3 | €13k | €27k | €36k | €25k | €25k | ▼ 0.1% |
| Accrued charges and deferred income492/3 | - | - | - | €1k | €799 | ▼ 32.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €110 | €7k | €20k | €5k | €8k | ▲ 47.3% |
| + Depreciation and write-downs630 | €17k | €13k | €9k | €10k | €20k | ▲ 109% |
| Operating cash flow (approximation) | €17k | €20k | €29k | €15k | €27k | ▲ 87.2% |
| Investment in fixed assets (approximation) | - | €-12k | €0 | €-2k | €-63k | ▼ 2,604% |
| Change in cash | - | €605 | €18k | €18k | €-1k | ▼ 108% |
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
29-06
State Gazette act
Incorporation · Founder
Founding capital · Corporate purpose
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €110
Net result €110 after 2 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
31-12
Financial
Weakest financial yearnet €-361
Net result drops to €-361, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB 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.
Have them read with priority
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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, Ninove · 1 establishment unit since 2002
Ground area
867 m²
Building footprint
134 m²
Volume, LiDAR
806 m³
Parcel 41048A0327/00H002, Flanders · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Denderhoutembaan 126, 9400 Ninove
since 20022.096.116.550
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41048A0327/00H002 | Flanders | 867 m² | 1 · 134 m² | 11.0 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 113 EUR awarded · 113 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 113 EUR | 113 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 endedPc-technicus (so)
Similar companies · same sector, comparable size
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Of 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,460 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
Founded13-06-2002
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
85599Other education
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.