Result
From profit to loss in 2025, after a profit of €50,124 in 2024.
From profit to loss in 2025, after a profit of €50,124 in 2024.
Ten of the last ten came late. The 2019 accounts came latest: 63 days after the end of the period.
Lower net result than 89% of companies in office administrative support. Sector median €16,204 · 9,692 companies.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 74% of them on solvency, 33% on liquidity, 17% on profitability and 32% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 12,322 companies had the same profile as 2GO has now. Each dot stands for 31 companies, two years later.
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of 2GO itself: 0.2% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for 2GO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.24 (1.71 in 2024), above the usual 1.5. Short-term debt is 14.5% and cash 0.5% of total assets. 26.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| 2GO Lokeren | €356,027 | €62,627 | 73.9% | - |
| ENOTECA Keerbergen | €309,149 | €67,090 | 29.7% | - |
| OPTIMIZE Management Zemst | €346,353 | €76,576 | 61.4% | - |
| DURACORP Celles (lez-Tournai) | €284,778 | €58,568 | 56.1% | - |
| INDUCARE Antwerp | €286,577 | €69,299 | 32.2% | - |
| FRANQUIN Watermael-Boitsfort | €364,238 | €48,908 | 96.0% | - |
| IMMO MULDERS Scherpenheuvel-Zichem | €433,488 | €63,520 | 49.5% | - |
These companies have the same main activity as 2GO: other business support services (NACE 82990). They are comparable in size and age: total assets between €285,000 and €433,000, founded between 1986 and 1993.
2GO files the micro format. That format states no turnover. The gross margin fell from €76,348 in 2006 to €62,627 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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