E2 PARTNERS
InactiveInactive; last annual accounts for fiscal year 2023.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-08-2024, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
23 d late
2022
14 d late
2021
18 d late
2020
16 d early
2019
22 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Turnover
€72,524▲ 67,940%
2018 · €107
EBIT margin
18.5%▲ 14134.6pp
2018 · -14116.1%
Net result
-€39,389▼ 120%
2022 · -€17,905
Working capital
-€557,834▼ 7.6%
2022 · -€518,446
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Turnover€72,524
Operating result-€7,146▲ 52.5%€13,443-€10,524-€6,558▲ 37.7%-€9,048▼ 38.0%
Net result€322,822▲ 393%-€2,844€72,569-€17,905-€39,389▼ 120%
EBIT margin18.5%
Equity€151,646€148,802▼ 1.9%€221,371▲ 48.8%€203,466▼ 8.1%€164,078▼ 19.4%
Total assets€764,640▲ 82.6%€567,190▼ 25.8%€295,035▼ 48.0%€808,439▲ 174%€810,090▲ 0.2%
Debt€612,995▲ 3.9%€418,388▼ 31.7%€73,664▼ 82.4%€604,972▲ 721%€646,013▲ 6.8%
Working capital€69,041€61,743▼ 10.6%€140,021▲ 127%-€518,446-€557,834▼ 7.6%
Staff (FTE)0.8
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,048 in 2023 against €6,558 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €810,090
Fixed assets
€721,912 =
Current assets
€88,178 ▲ 1.9%
Equity and liabilities €810,090
Equity
€164,078 ▼ 19.4%
Debt
€646,013 ▲ 6.8%
Debt's share of the balance-sheet total rises from 74.8% to 79.7%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.14▼
2022 · 0.14
Debt to equity
3.94▲
2022 · 2.97
ROE
-24.0%▼
2022 · -8.8%
ROA
-4.9%▼
2022 · -2.2%
Debt ≤ 1 year
€646,013▲
2022 · €604,972
Staff costs
€146▲
2022 · €69
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €72,524 | - | - | - | - |
| Non-recurring operating income76A | - | - | €248 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €7,845 | €4,744 | €7,804 | ▲ 64.5% |
| Remuneration, social security and pensions62 | - | - | €905 | €69 | €146 | ▲ 110% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,377 | €722 | €1,398 | €882 | - | - |
| Other operating charges640/8 | - | - | €1,296 | €525 | €1,098 | ▲ 109% |
| Non-recurring operating charges66A | - | - | - | €488 | - | - |
| Gross operating margin9900 | - | €59,450 | -€6,925 | -€4,594 | -€7,804 | ▼ 69.9% |
| Operating profit (loss)9901 | -€7,146 | €13,443 | -€10,524 | -€6,558 | -€9,048 | ▼ 38.0% |
| Financial income75/76B | - | - | €90,646 | €37 | - | - |
| Recurring financial income75 | €63,083 | €301 | €64,156 | €37 | - | - |
| Non-recurring financial income76B | - | - | €26,490 | - | - | - |
| Financial charges65/66B | - | - | €7,612 | €11,383 | €30,341 | ▲ 167% |
| Recurring financial charges65 | €26,714 | €18,338 | €7,612 | €11,383 | €30,341 | ▲ 167% |
| Debt charges650 | €26,656 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €322,822 | -€4,594 | €72,510 | -€17,905 | -€39,389 | ▼ 120% |
| Income taxes67/77 | - | -€1,750 | -€58 | - | - | - |
| Profit (loss) for the period9904 | €322,822 | -€2,844 | €72,569 | -€17,905 | -€39,389 | ▼ 120% |
| Profit (loss) for the period to be appropriated9905 | €322,822 | -€2,844 | €72,569 | -€17,905 | -€39,389 | ▼ 120% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €764,640 | €567,190 | €295,035 | €808,439 | €810,090 | ▲ 0.2% |
| Fixed assets21/28 | €82,604 | €87,100 | €81,350 | €721,912 | €721,912 | = |
| Tangible fixed assets22/27 | €764 | €5,260 | €1,370 | - | - | - |
| Plant, machinery and equipment23 | - | - | €1,039 | - | - | - |
| Other tangible fixed assets26 | - | - | €331 | - | - | - |
| Financial fixed assets28 | €81,840 | €81,840 | €79,980 | €721,912 | €721,912 | = |
| Current assets29/58 | €682,036 | €480,091 | €213,684 | €86,527 | €88,178 | ▲ 1.9% |
| Amounts receivable within one year40/41 | €529,959 | €412,350 | €201,532 | €82,285 | €84,013 | ▲ 2.1% |
| Trade receivables40 | - | - | €36 | - | - | - |
| Other amounts receivable41 | - | - | €201,495 | €82,285 | €84,013 | ▲ 2.1% |
| Cash at bank and in hand54/58 | €18,127 | €17,384 | €12,152 | €4,242 | €4,114 | ▼ 3.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €52 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €764,640 | €567,190 | €295,035 | €808,439 | €810,090 | ▲ 0.2% |
| Equity10/15 | €151,646 | €148,802 | €221,371 | €203,466 | €164,078 | ▼ 19.4% |
| Contributions10/11 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Capital10 | - | - | €125,000 | €125,000 | €125,000 | = |
| Issued capital100 | - | - | €125,000 | €125,000 | €125,000 | = |
| Reserves13 | €25,500 | €24,000 | €95,000 | €78,466 | €39,466 | ▼ 49.7% |
| Non-distributable reserves130/1 | - | - | €12,500 | €12,500 | €12,500 | = |
| Legal reserve130 | - | - | €12,500 | €12,500 | €12,500 | = |
| Distributable reserves133 | - | - | €82,500 | €65,966 | €26,966 | ▼ 59.1% |
| Profit (loss) carried forward14 | €1,146 | -€198 | €1,371 | - | -€389 | - |
| Amounts payable17/49 | €612,995 | €418,388 | €73,664 | €604,972 | €646,013 | ▲ 6.8% |
| Amounts payable within one year42/48 | €612,995 | €418,347 | €73,664 | €604,972 | €646,013 | ▲ 6.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €120,000 | - | - |
| Trade debts44 | €10,995 | €13,415 | €3,472 | €7,188 | €11,540 | ▲ 60.5% |
| Suppliers440/4 | - | - | €3,472 | €7,188 | €11,540 | ▲ 60.5% |
| Taxes, remuneration and social security45 | - | - | €192 | - | - | - |
| Taxes450/3 | - | - | €192 | - | - | - |
| Other amounts payable47/48 | - | - | €70,000 | €477,784 | €634,473 | ▲ 32.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €322,822 | -€2,844 | €72,569 | -€17,905 | -€39,389 | ▼ 120% |
| + Depreciation and write-downs630 | €1,377 | €722 | €1,398 | €882 | - | - |
| Operating cash flow (approximation) | €324,199 | -€2,122 | €73,967 | -€17,022 | -€39,389 | ▼ 131% |
| Investment in fixed assets (approximation) | - | -€5,217 | €4,351 | -€641,444 | €0 | ▲ 100% |
| Change in cash | - | -€742 | -€5,232 | -€7,911 | -€128 | ▲ 98.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet -€39,389
Net result drops to -€39,389, the lowest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
31-12
Financial
Back to profitnet €72,569
Net result €72,569 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.90
Current ratio from 1.15 to 2.90; short-term debt falls from €418,347 to €73,664.
31-12
Financial
Equity above €200,000Eq €221,371 ▲48.8%
Equity rises from €148,802 to €221,371.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €322,822 ▲393%
Net result €322,822, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.11
Current ratio from 0.55 to 1.11.
31-12
Financial
Equity above €150,000Eq €151,646
2 profitable years in a row build equity to €151,646.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts
We know of 20 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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Structure & network
Owners and holdings
Owners 0
No owner stated in the accounts, acts or LEI register we read.
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
Stated earlier (2)
An older source named these holdings; newer accounts no longer list them.
-
96%
-
65%
According to the 2023 annual accounts of E2 PARTNERS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.