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ATWO

Active
Private limited companyfounded 200917 yrs activeSteenweg op Waver 348, 1040 Etterbeek, BelgiumKBO/BCE: BE 0816.768.506
Summary

The computed 12-month bankruptcy probability of ATWO is 4.3% (elevated). The 2025 annual accounts show negative equity (€-1k) and a net result of €-720. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 27965 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €-1k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
56 d early
2023
7 d early
2022
7 d early
2021
56 d early
2020
3 d early
2019
3 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€0
2021 · €0
2020: €0highest in 3 years 2021: €0highest in 3 years 2022: €0highest in 3 years
2020 → 2022
Total assets
€229▼ 54.4%
2024 · €503
2019: €5k 2020: €4k▼ -25.2% vs 2019 2021: €2k▼ -53.4% vs 2020 2022: €2k▼ -10.3% vs 2021 2023: €7k▲ +339% vs 2022highest in 7 years 2024: €503▼ -92.9% vs 2023 2025: €229▼ -54.4% vs 2024lowest in 7 years
2019 → 2025
Net result
€-720▼ 32.7%
2024 · €-543
2019: €-4klowest in 7 years 2020: €-2k▲ +49.6% vs 2019 2021: €-380▲ +80.4% vs 2020 2022: €-2k▼ -343% vs 2021 2023: €5k▲ +383% vs 2022highest in 7 years 2024: €-543▼ -111% vs 2023 2025: €-720▼ -32.7% vs 2024
2019 → 2025
Working capital
€-1k▲ 81.5%
2024 · €-5k
2019: €-6k 2020: €-8k▼ -31.6% vs 2019 2021: €-8k▼ -4.7% vs 2020 2022: €-10k▼ -19.9% vs 2021lowest in 7 years 2023: €-5k▲ +51.9% vs 2022 2024: €-5k▼ -11.1% vs 2023 2025: €-1k▲ +81.5% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€0-€0 2021: €0 2022: €0
Equity€-8k-€-10k▼ 19.9%€-5k▲ 51.9%€-5k▼ 11.1%€-1k▲ 81.5% 2021: €-8k 2022: €-10k▼ -19.9% vs 2021lowest in 5 years 2023: €-5k▲ +51.9% vs 2022 2024: €-5k▼ -11.1% vs 2023 2025: €-1k▲ +81.5% vs 2024highest in 5 years
Operating result€-380-€-2k▼ 339%€5k€-497€-673▼ 35.4% 2021: €-380 2022: €-2k▼ -339% vs 2021lowest in 5 years 2023: €5k▲ +387% vs 2022highest in 5 years 2024: €-497▼ -110% vs 2023 2025: €-673▼ -35.4% vs 2024
Net result€-380-€-2k▼ 343%€5k€-543€-720▼ 32.7% 2021: €-380 2022: €-2k▼ -343% vs 2021lowest in 5 years 2023: €5k▲ +383% vs 2022highest in 5 years 2024: €-543▼ -111% vs 2023 2025: €-720▼ -32.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-2k€0€2k€4kOperating result 2021: €-380€-380Net result 2021: €-380€-380Operating result 2022: €-2k€-2kNet result 2022: €-2k€-2kOperating result 2023: €5k€5kNet result 2023: €5k€5kOperating result 2024: €-497€-497Net result 2024: €-543€-543Operating result 2025: €-673€-673Net result 2025: €-720€-72020212022202320242025€-2k€0€2k€4kOperating result 2023: €5k€4.8kNet result 2023: €5k€4.8kOperating result 2024: €-497€-497Net result 2024: €-543€-543Operating result 2025: €-673€-673Net result 2025: €-720€-720202320242025
The operating result stays negative: a loss of €673 in 2025 against €497 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt
€1k▼
2024 · €6k
Debt ≤ 1 year
€1k▼
2024 · €6k
Ratios withheld: a balance sheet total of €229 is too small for a meaningful ratio.
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 · 32 lines
Balance sheet Code20242025
Assets
Total assets20/58€503€229▼
Current assets29/58€503€229▼
Amounts receivable within one year40/41€503€229▼
Trade receivables40€274€0▼
Other amounts receivable41€229€229=
Cash at bank and in hand54/58€0€0=
Equity and liabilities
Total equity and liabilities10/49€503€229▼
Equity10/15€-5k€-1k▲
Contributions10/11€7k€12k▲
Reserves13€20€20=
Non-distributable reserves130/1€20€20=
Reserves not available under the articles1311€20€20=
Profit (loss) carried forward14€-12k€-13k▼
Amounts payable17/49€6k€1k▼
Amounts payable within one year42/48€6k€1k▼
Financial debts43-€12
Credit institutions430/8-€12
Trade debts44€818€1k▲
Suppliers440/4€818€1k▲
Other amounts payable47/48€5k€0▼
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€0
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-190-
Other operating charges640/8€623€673▲
Gross operating margin9900€-64€0▲
Operating profit (loss)9901€-497€-673▼
Financial charges65/66B€45€47▲
Recurring financial charges65€45€47▲
Profit (loss) for the period before taxes9903€-543€-720▼
Profit (loss) for the period9904€-543€-720▼
Profit (loss) for the period to be appropriated9905€-543€-720▼
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-13k▼
Profit (loss) brought forward from the previous period14P€-12k€-12k▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Turnover70€0€0----
Goods, raw materials, services and sundry goods60/61-€0€0-€0-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€157-€-190--
Other operating charges640/8-€348€519€623€673▲ 8.0%
Gross operating margin9900€215€-1k€5k€-64€0▲ 100%
Operating profit (loss)9901€-380€-2k€5k€-497€-673▼ 35.4%
Financial charges65/66B-€16€34€45€47▲ 3.2%
Recurring financial charges65-€16€34€45€47▲ 3.2%
Profit (loss) for the period before taxes9903€-380€-2k€5k€-543€-720▼ 32.7%
Profit (loss) for the period9904€-380€-2k€5k€-543€-720▼ 32.7%
Profit (loss) for the period to be appropriated9905€-380€-2k€5k€-543€-720▼ 32.7%
Line20212022202320242025Change
Assets
Total assets20/58€2k€2k€7k€503€229▼ 54.4%
Current assets29/58€2k€2k€7k€503€229▼ 54.4%
Amounts receivable within one year40/41€2k€2k€7k€503€229▼ 54.4%
Trade receivables40-€274€6k€274€0▼ 100%
Other amounts receivable41-€1k€1k€229€229=
Cash at bank and in hand54/58€247€0€7€0€0-
Equity and liabilities
Total equity and liabilities10/49€2k€2k€7k€503€229▼ 54.4%
Equity10/15€-8k€-10k€-5k€-5k€-1k▲ 81.5%
Contributions10/11-€6k€7k€7k€12k▲ 75.5%
Reserves13€20€20€20€20€20=
Non-distributable reserves130/1-€20€20€20€20=
Reserves not available under the articles1311-€20€20€20€20=
Profit (loss) carried forward14€-15k€-16k€-12k€-12k€-13k▼ 5.9%
Amounts payable17/49€10k€12k€12k€6k€1k▼ 79.2%
Amounts payable within one year42/48€10k€12k€12k€6k€1k▼ 79.2%
Financial debts43-€7€0-€12-
Credit institutions430/8-€7€0-€12-
Trade debts44€5k€7k€7k€818€1k▲ 48.9%
Suppliers440/4-€7k€7k€818€1k▲ 48.9%
Taxes, remuneration and social security45-€0----
Taxes450/3-€0----
Other amounts payable47/48-€5k€5k€5k€0▼ 100%
Line20212022202320242025Change
Profit (loss) for the period9904€-380€-2k€5k€-543€-720▼ 32.7%
Operating cash flow (approximation)€-380€-2k€5k€-543€-720▼ 32.7%
Change in cash-€-247€7€-7€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
09-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
06-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
24-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Back to profitnet €5k
Net result €5k after 4 loss-making years.
24-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
06-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
28-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
13-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Etterbeek · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
278 m²
Building footprint
277 m²
Volume, LiDAR
4,042 m³
Parcel 21005A0069/00F002, Brussels · tallest building 20.9 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ATWO
Steenweg op Waver 348, 1040 EtterbeekAdvertising agencies
since 20092.179.471.620
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0069/00F002 Brussels 278 m² 1 · 277 m² 20.9 m · 5 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,863 companies in sector 43341 we hold annual accounts for 2,663. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded03-07-2009
Fiscal year end30-06
Activities, NACEBEL 2025
43341Painting of buildings
46349Wholesale of beverages, general range
41001General construction of residential buildings
43230Insulation installation
43320Joinery installation
43331Floor and wall tiling
43910Bricklaying and masonry work
46492Wholesale trade
46493Wholesale trade
47120Other non-specialised retail sale
47252Retail sale of beverages, general range

Scores and ratios are computed by Checked and are not a credit decision.