Equity
-€27,060
Debts exceed assets in financial year 2025.
2ND
Lifetime
4 annual accounts with figures on one time axispeak €118,741 (2025)
€118,741▲ 47.0%
lowest -€28,054 (2024)
€31,106▲ €59,161
peak -€2,135 (2022)
-€27,060▲ €31,106
€111,969▼ 6.8%
Board1 name since 2021
1 director
Documentsfilings and deeds
06-07-202625 days before the deadline
2025micro format
Gross margin from €80,762 to €118,741Back to profit: €31,106Equity from -€58,167 to -€27,060Cash from €18,333 to €48,551
Key points
from the 2025 annual accountsResult
€31,106 €31,106
Back in profit in 2025, after a loss of €28,054 in 2024.
Turnover
≈ €670,000 estimated
The micro format states no turnover.
Debts
€111,969 132% of the balance sheet
Suppliers 39%Taxes and wages 29%Other 32%
Filings
4 annual accounts 2 late
The 2022 accounts came latest: 31 days after the end of the period.
Position in the sector
-€27,060
Less equity than 87% of companies in retail trade. Sector median €40,895 · 25,288 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,018 companies had the same profile as 2ND has now. Each dot stands for 3 companies, two years later.
89.1%
were still trading
4.1%
stopped another way
6.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 1,018 companies, not a prediction for 2ND. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 14-12-2021
- 180 sharesdeed of 16-12-2021
- 20 sharesdeed of 16-12-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778605835
Registered-office move
Director in office: (manager) · General meeting of 23-01-2023 · Gazette deed
Incorporation
Founders: and · 200 shares · Appointment: (director) · published on 16-12-2021 · Gazette deed
First establishment
Heytens Halle, Auguste Demaeghtlaan 233, Halle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| 2ND Waterloo | €84,909 | €118,741 | -31.9% | - |
| R2S Brussels | €127,587 | €70,640 | 44.4% | 0.3 |
| TECO Deerlijk | €149,610 | €76,120 | 47.4% | - |
| ÜSTÜNSOY TEXTILE Kortrijk | €45,786 | €66,978 | 35.3% | - |
| OVERDECO Koekelberg | €170,784 | €175,599 | -82.5% | - |
| HOME DECOR INGELBRECHT Ostend | €180,809 | €151,799 | 18.2% | - |
| Deco-DeKo Herk-de-Stad | €100,133 | €39,585 | 18.0% | - |
These companies have the same main activity as 2ND: retail trade (NACE 47530). They are comparable in size and age: total assets between €45,800 and €181,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 14-12-2021Normal situation
- Activity
- Retail tradeNACE 47530and 5 others
- Establishment unit
- 2.325.355.8581500 Halle, since 14-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2025
Annual accounts 2025
- €84,909▲ 37.1%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on 2ND
2ND files the micro format. That format states no turnover. The gross margin rose from €91,972 in 2022 to €118,741 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.
Key facts about 2ND
- What is the company number of 2ND?
- The company number of 2ND is 0778.605.835. The VAT number is the same number with BE in front: BE 0778.605.835.
- Where is 2ND based?
- The registered office is at Chaussée de Bruxelles 370, 1410 Waterloo.Company details
- What does 2ND do?
- According to the KBO register, the main activity is retail trade (NACE 47530).
- What is the legal form of 2ND?
- 2ND is a private limited company (BV).
- When was 2ND founded?
- 2ND was founded on 14-12-2021.
- Is 2ND still active?
- Yes, 2ND is an active enterprise in the KBO register.
- How many employees does 2ND have?
- 2ND had an average of 2.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of 2ND?
- The turnover in financial year 2025 is ≈ €670,000. This figure is estimated from the gross margin of €118,741 and 34 comparable companies (NACE 475). It probably lies between €520,000 and €1.0m.
- Is 2ND profitable?
- In financial year 2025, 2ND made a profit of €31,106.
- Where can I find the annual accounts of 2ND?
- 2ND filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of 2ND due?
- 2ND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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