2Lo
Annual accounts 2025
micro format, filed on 28-05-2026, 64 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €88,688 on 31-12-2025in euro
in euro
Position in the sector
3.4%
Higher than 11% of 10,277 companies in 2025.
6.8%
Higher than 43% of 10,128 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
88,688 | 91,724 | 92,847 | 46,094 | |
21/28 |
2,655 | 6,142 | 4,752 | 786 | |
22/27 |
2,380 | 5,867 | 4,752 | 786 | |
24 |
2,380 | 5,867 | 4,752 | 786 | |
28 |
275 | 275 | - | - | |
29/58 |
86,033 | 85,582 | 88,095 | 45,308 | |
40/41 |
8,326 | 8,142 | 14,095 | 10,323 | |
40 |
8,326 | 8,142 | 12,336 | 3 | |
41 |
- | 0 | 1,759 | 10,320 | |
50/53 |
50,000 | - | - | - | |
54/58 |
27,706 | 77,440 | 73,940 | 34,985 | |
490/1 |
- | 0 | 60 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
88,688 | 91,724 | 92,847 | 46,094 | |
10/15 |
3,000 | 71,171 | 70,671 | 23,501 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
14 |
0 | 68,171 | 67,671 | 20,501 | |
17/49 |
85,688 | 20,552 | 22,176 | 22,594 | |
42/48 |
85,688 | 20,552 | 22,000 | 18,411 | |
44 |
1,952 | 128 | 3,346 | 3,833 | |
440/4 |
1,952 | 128 | 3,346 | 3,833 | |
45 |
6,617 | 20,424 | 18,655 | 10,754 | |
450/3 |
6,617 | 20,424 | 18,655 | 10,754 | |
47/48 |
77,118 | - | 0 | 3,823 | |
492/3 |
- | 0 | 176 | 4,183 | |
| Income statement | |||||
9900 |
10,745 | 5,628 | 61,983 | 29,409 | |
630 |
3,487 | 3,119 | 1,804 | 165 | |
640/8 |
610 | 497 | 488 | 789 | |
9901 |
6,649 | 2,012 | 59,691 | 28,455 | |
75/76B |
1,492 | 40 | 61 | 0 | |
75 |
1,492 | 40 | 61 | 0 | |
65/66B |
40 | 48 | 67 | 156 | |
65 |
40 | 48 | 67 | 156 | |
9903 |
8,101 | 2,004 | 59,686 | 28,299 | |
67/77 |
2,040 | 1,503 | 12,516 | 6,999 | |
9904 |
6,061 | 501 | 47,170 | 21,301 | |
9905 |
6,061 | 501 | 47,170 | 21,301 | |
| Appropriation of the result | |||||
9906 |
74,232 | 68,171 | 67,671 | 21,301 | |
14P |
68,171 | 67,671 | 20,501 | - | |
694/7 |
74,232 | - | 0 | 800 | |
694 |
74,232 | - | 0 | 800 | |
| Document | |||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 28-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2023, 1 entry, €330 awarded, €330 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 0 | 4,509 | 5,770 | 951 | ||
| -49,733 | 3,500 | 38,954 | - | ||
| 3.4% | 77.6% | 76.1% | 51.0% | ||
| 202.0% | 0.7% | 66.7% | 90.6% | ||
| 6.8% | 0.5% | 50.8% | 46.2% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €4,234 | €5,770 | €951 |
| Financial fixed assets | €0 | €275 | - | - |
| €3,487 | €3,119 | €1,804 | €165 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on 2Lo
The operating result for 2025 is 3.3 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 22.4% to 96.6%. Equity is lower and debt is higher.