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B2START

Active Risk: not assessed Public limited companyfounded 2017active for 9 yearsRue Louis de Geer 2, 1348 Ottignies-Louvain-la-NeuveKBO/BCE: BE 0669.955.343 subsidiary of
Part of the group 13 companies in 4 countries

Lifetime

8 annual accounts with figures on one time axis
peak €9.7m (2023)
€5.2m▼ 1.9%
lowest -€4.1m (2024)
-€552,876▲ €3.5m
peak €8.7m (2023)
€4.1m▼ 12.0%
€1.1m▲ 66.2%
Board32 names since 2017all names
11 directors and 10 others
Owners
60%
Documentsfilings and deeds
23-04-202699 days before the deadline
2025financial year
Turnover from €14,160 to €3,550Loss of €552,876Appointment: (director) 03-06Amendment of the articles · Resignations & appointments 30-04Permanent representatives: and 22-04Debts from €662,749 to €1.1m

Key points

from the 2025 annual accounts

Equity

€4.1m from €8.7m in 2023

Equity fell by 53% in 2 years.

Losses

-€5.3m in four years
-0.032022-0.62023-4.12024-0.62025

Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.

Payment terms

104 days to suppliers
Suppliers
123 to 104
Customers
861 to 25676

B2START pays its suppliers 19 days earlier than in 2024. Customers pay 24,815 days later.

Liquidity

6.15 was 4.55 in 2024

Short-term debts fell from €62,499 to €44,337.

Filings

8 annual accounts since 2018
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 93 to 99 days before the end of the period.

Position in the sector

-€552,876

Lower net result than 87% of companies in financial services. Sector median €192,331 · 2,074 companies.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

Board and ownership

Chair,
General manager
Director, since 15-11-2023
Director,
Director, since 15-11-2023
Auditor
and 7 others
  • 60%score equity €23.6m (2025) · 2025 annual accounts of

Shares in 12 companies, including and

Board & ownership

Recent changes

Appointment: (director) Reappointment: (director) · General meeting of 23-04-2025 · Gazette deed
Amendment of the articles · Resignations & appointments Permanent representatives: and · holds 4,000 shares · holds 4,000 shares · General meeting of 22-04-2025 · Gazette deed
Permanent representatives: and Board meeting of 25-03-2025 · Gazette deed
1 director appointed, 1 statutory auditor appointed, 1 resignation Resignation: · Appointments: and (statutory auditor) · Permanent representative: · General meeting of 24-04-2024 · Gazette deed
All 35 events

Comparable companies

same main activity, similar in size and age
Company
B2START Ottignies-Louvain-la-Neuve €5.2m - 78.4% -
Diplomatic Card Services Belgium Ixelles €2.4m €0.9m 57.9% 0
NewB Brussels €4.3m €0.2m 90.3% 9.3
FM PATRIMONING Woluwe-Saint-Pierre €3.8m €0.3m 49.9% -
FINANCE IMMO Koekelberg €1.9m €0.5m 49.5% 4.3
Nivelles Finances Nivelles €1.7m €1.7m 25.9% 5.8
ELLA SOLUTION Manage €1.9m €0.2m 4.4% -

These companies have the same main activity as B2START: financial service activities, except insurance and pension funding (NACE 64190). They are comparable in size and age: total assets between €1.7m and €4.3m, founded between 2009 and 2020.

Official details

Source: KBO
Status
Active since 25-01-2017Normal situation
Activity
Financial service activities, except insurance and pension fundingNACE 64190and 1 other
Establishment unit
2.261.231.7321348 Ottignies-Louvain-la-Neuve, since 25-01-2017
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€5.2m▼ 1.9%
Filing
Filed on 23-04-2026, 99 days before the end of the filing period
Financials

Companies linked to B2START

Subsidiaries and holdings

  • 8.24%
  • 8.1%
  • 8.04%
  • 6.9%
  • 5.65%
  • 4.83%
  • 2.87%
  • 1.59%
and 2 more

Insights on B2START

B2START has existed since 2017. The balance sheet total grew from €3.6m in 2018 to €5.2m in 2025.

Solvency fell in 2025 from 87.4% to 78.4% because of the loss and higher long-term debts.

holds 60% of the shares.

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 B2START

What is the company number of B2START?
The company number of B2START is 0669.955.343. The VAT number is the same number with BE in front: BE 0669.955.343.
Where is B2START based?
The registered office is at Rue Louis de Geer 2, 1348 Ottignies-Louvain-la-Neuve.Company details
What does B2START do?
According to the KBO register, the main activity is financial service activities, except insurance and pension funding (NACE 64190).
What is the legal form of B2START?
B2START is a public limited company (NV).
When was B2START founded?
B2START was founded on 25-01-2017.
Is B2START still active?
Yes, B2START is an active enterprise in the KBO register.
What is the turnover of B2START?
The turnover of B2START was €3,550 in financial year 2025, according to the filed annual accounts.Financials
Is B2START profitable?
In financial year 2025, B2START made a loss of €552,876.
Where can I find the annual accounts of B2START?
B2START filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B2START due?
B2START must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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