Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Lower solvency than 95% of companies in rubber and plastics. Sector median 38.4% · 181 companies.
In July 2024, 7,654 companies had the same profile as 2surfaced has now. Each dot stands for 20 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
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 7,654 companies, not a prediction for 2surfaced. 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.
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.
| Company | ||||
|---|---|---|---|---|
| 2surfaced Ghent | €1,686 | -€10,228 | -316.8% | - |
| FRISBOX Mortsel | €10,333 | -€405 | -31.3% | - |
| InnovEssence Fosses-la-Ville | €7,602 | - | 79.3% | - |
| DUBELGO Braine-l'Alleud | €11,340 | €6,538 | 56.7% | - |
| ACRYVAK Schoten | €5,823 | €1,635 | -649.6% | - |
These companies have the same main activity as 2surfaced: manufacture of rubber and plastic products (NACE 22260). They are larger than 2surfaced: total assets between €5,820 and €11,300, founded between 2000 and 2025.
The 2025 annual accounts show negative equity (-€5,343) and a net result of -€10,343. Its solvency ranks better than 5% of 181 sector peers (NACE 22, financial year 2025).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
1,686 | |
29/58 |
1,686 | |
3 |
130 | |
30/36 |
130 | |
40/41 |
1,107 | |
40 |
1,107 | |
54/58 |
424 | |
490/1 |
25 | |
| Balance sheet: equity and liabilities | ||
10/49 |
1,686 | |
10/15 |
-5,343 | |
10/11 |
5,000 | |
14 |
-10,343 | |
17/49 |
7,029 | |
42/48 |
6,734 | |
44 |
563 | |
440/4 |
563 | |
45 |
28 | |
450/3 |
28 | |
47/48 |
6,143 | |
492/3 |
295 | |
| Income statement | ||
9900 |
-10,228 | |
9901 |
-10,228 | |
75/76B |
2 | |
75 |
2 | |
65/66B |
116 | |
65 |
116 | |
9903 |
-10,343 | |
9904 |
-10,343 | |
9905 |
-10,343 | |
| Appropriation of the result | ||
9906 |
-10,343 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-08-2026.
2025 annual accounts filed 26 days after the deadline. Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00487166.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-08-2026 | 2026-00487166 |
| Line | Trend | 2025 |
|---|---|---|
| -5,048 |
The ratios are withheld because a balance sheet total of €1,686 is too small for a meaningful ratio.
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.
Equity is negative. Debt (€7,029) exceeds the balance-sheet total (€1,686).
2surfaced has no parent and no holdings in its annual accounts. is the only director. 2surfaced shares no director with another company.
| De Geynst, Femke (sole trader)
establishment since 01-08-2020 |
founded in 2020 0750.783.661 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Begijnengracht 33 registered office 9000 Ghent | 07-06-2024 | 2.360.767.489 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44815F2851/00_000 | 145 m² | 1 · 145 m² | 10.8 m · 2 |
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