e2e
ActiveSummary
e2e has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €428k and a net result of €123k. Equity is growing by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-8
Solvency75▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.2 in 2024; short-term debt: 37.3% and cash: 24.3% of total assets), and 49.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.5%
Return on assets
14.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
14 d early
2023
49 d early
2022
13 d early
2021
1 d early
2020
31 d late
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is this a good employer? Staff, turnover and training against the sector.Employer check
Financials · fiscal year 2025, abbreviated schema
Equity
€428k▲ 40.5%
2024 · €305k
Total assets
€848k▲ 49.5%
2024 · €568k
Net result
€123k▲ 2.5%
2024 · €120k
Working capital
€384k▲ 29.6%
2024 · €296k
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
Line20212022202320242025
Operating result€220k▼ 0.4%€257k▲ 16.9%€258k▲ 0.5%€181k▼ 29.9%€177k▼ 2.1%
Net result€161k▼ 28.6%€239k▲ 48.1%€225k▼ 5.8%€120k▼ 46.5%€123k▲ 2.5%
Equity€110k▲ 24.2%€119k▲ 8.3%€184k▲ 54.7%€305k▲ 65.3%€428k▲ 40.5%
Total assets€505k▼ 11.5%€530k▲ 5.1%€603k▲ 13.8%€568k▼ 5.9%€848k▲ 49.5%
Debt€395k▼ 18.1%€411k▲ 4.2%€419k▲ 1.9%€263k▼ 37.2%€420k▲ 59.8%
Working capital€45k▲ 1,165%€77k▲ 70.7%€162k▲ 111%€296k▲ 83.4%€384k▲ 29.6%
Staff (FTE)8.4▼ 6.7%8▼ 4.8%8.5▲ 6.3%9.2▲ 8.2%8.3▼ 9.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €848k
Fixed assets
€148k ▲ 519%
Current assets
€701k ▲ 28.8%
Equity and liabilities €848k
Equity
€428k ▲ 40.5%
Debt
€420k ▲ 59.8%
Debt's share of the balance-sheet total rises from 46.3% to 49.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€193k▼
2024 · €204k
Cash flow
€139k▼
2024 · €143k
Current ratio
2.21▲
2024 · 2.20
Debt to equity
0.98▲
2024 · 0.86
ROE
28.8%▼
2024 · 39.5%
ROA
14.5%▼
2024 · 21.2%
Interest coverage
20.97▼
2024 · 21.52
Debt ≤ 1 year
€317k▲
2024 · €247k
Debt > 1 year
€103k▲
2024 · €15k
Income taxes
€46k▼
2024 · €54k
Staff costs
€588k▼
2024 · €599k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €477k | €486k | €540k | €599k | €588k | ▼ 1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €24k | €19k | €19k | €23k | €16k | ▼ 30.3% |
| Other operating charges640/8 | €2k | €1k | €50k | €3k | €2k | ▼ 43.8% |
| Gross operating margin9900 | €722k | €764k | €866k | €806k | €783k | ▼ 2.9% |
| Operating profit (loss)9901 | €220k | €257k | €258k | €181k | €177k | ▼ 2.1% |
| Financial income75/76B | €652 | €2k | €6k | €3k | €1k | ▼ 60.1% |
| Recurring financial income75 | €652 | €2k | €6k | €3k | €1k | ▼ 60.1% |
| Financial charges65/66B | €10k | €6k | €1k | €9k | €9k | ▼ 2.8% |
| Recurring financial charges65 | €10k | €6k | €1k | €9k | €9k | ▼ 2.8% |
| Profit (loss) for the period before taxes9903 | €210k | €253k | €263k | €175k | €169k | ▼ 3.1% |
| Income taxes67/77 | €48k | €14k | €38k | €54k | €46k | ▼ 15.5% |
| Profit (loss) for the period9904 | €161k | €239k | €225k | €120k | €123k | ▲ 2.5% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €67k | - |
| Profit (loss) for the period to be appropriated9905 | €161k | €239k | €225k | €120k | €56k | ▼ 53.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €505k | €530k | €603k | €568k | €848k | ▲ 49.5% |
| Fixed assets21/28 | €65k | €43k | €23k | €24k | €148k | ▲ 519% |
| Intangible fixed assets21 | €54k | €36k | €18k | €0 | - | - |
| Tangible fixed assets22/27 | €2k | €1k | €580 | €24k | €148k | ▲ 519% |
| Plant, machinery and equipment23 | - | - | - | - | €2k | - |
| Furniture and vehicles24 | €2k | €1k | €580 | €16k | €26k | ▲ 63.2% |
| Other tangible fixed assets26 | - | - | - | €8k | €120k | ▲ 1,421% |
| Financial fixed assets28 | €9k | €5k | €4k | €0 | - | - |
| Current assets29/58 | €439k | €488k | €581k | €544k | €701k | ▲ 28.8% |
| Amounts receivable within one year40/41 | €236k | €211k | €304k | €352k | €434k | ▲ 23.1% |
| Trade receivables40 | €203k | €195k | €289k | €328k | €432k | ▲ 31.7% |
| Other amounts receivable41 | €33k | €16k | €15k | €24k | €2k | ▼ 92.8% |
| Current investments50/53 | - | - | - | - | €52k | - |
| Cash at bank and in hand54/58 | €203k | €277k | €277k | €191k | €206k | ▲ 7.8% |
| Deferred charges and accrued income490/1 | - | - | - | €316 | €8k | ▲ 2,568% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €505k | €530k | €603k | €568k | €848k | ▲ 49.5% |
| Equity10/15 | €110k | €119k | €184k | €305k | €428k | ▲ 40.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | €5k | €5k | €5k | €0 | - | - |
| Reserves13 | €11k | €11k | €11k | €243k | €366k | ▲ 50.8% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | €6k | - | - | - | - | - |
| Tax-exempt reserves132 | €5k | €5k | €5k | €5k | €72k | ▲ 1,494% |
| Distributable reserves133 | - | - | - | €232k | €288k | ▲ 24.1% |
| Profit (loss) carried forward14 | €32k | €41k | €107k | €0 | - | - |
| Amounts payable17/49 | €395k | €411k | €419k | €263k | €420k | ▲ 59.8% |
| Amounts payable after more than one year17 | - | - | - | €15k | €103k | ▲ 567% |
| Financial debts170/4 | - | - | - | €15k | €103k | ▲ 567% |
| Amounts payable within one year42/48 | €395k | €411k | €419k | €247k | €317k | ▲ 27.9% |
| Current portion of amounts payable after more than one year42 | €64k | €19k | - | €13k | €21k | ▲ 68.6% |
| Financial debts43 | - | - | - | - | €788 | - |
| Credit institutions430/8 | - | - | - | - | €788 | - |
| Trade debts44 | €84k | €66k | €119k | €96k | €154k | ▲ 61.0% |
| Suppliers440/4 | €84k | €66k | €119k | €96k | €154k | ▲ 61.0% |
| Taxes, remuneration and social security45 | €104k | €94k | €123k | €139k | €109k | ▼ 21.7% |
| Taxes450/3 | €30k | €14k | €34k | €47k | €16k | ▼ 66.8% |
| Remuneration and social security454/9 | €75k | €80k | €89k | €92k | €93k | ▲ 1.3% |
| Other amounts payable47/48 | €143k | €233k | €176k | €8 | €31k | ▲ 392,502% |
| Accrued charges and deferred income492/3 | - | - | - | - | €358 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €161k | €239k | €225k | €120k | €123k | ▲ 2.5% |
| + Depreciation and write-downs630 | €24k | €19k | €19k | €23k | €16k | ▼ 30.3% |
| Operating cash flow (approximation) | €186k | €258k | €244k | €143k | €139k | ▼ 2.7% |
| Investment in fixed assets (approximation) | - | €3k | €1k | €-24k | €-140k | ▼ 487% |
| Change in cash | - | €74k | €-93 | €-86k | €15k | ▲ 117% |
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
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €200kEq €305k ▲65.3%
7 profitable years in a row build equity to €305k.
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €150kEq €184k ▲54.7%
6 profitable years in a row build equity to €184k.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €239k ▲48.1%
Net result €239k, the highest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €100kEq €110k ▲24.2%
4 profitable years in a row build equity to €110k.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Weakest financial yearnet €71k ▼53.8%
Net result drops to €71k, the lowest in the series; recovery starts the following year.
Show earlier events
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Gent · 1 establishment unit since 2001
Ground area
3,068 m²
Parcel 44022A0607/00H000, Flanders. Linked by address, not a title deed.
8
companies at this address
See who is registered here
1 establishment unit
E2E
since 20012.131.686.054
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0607/00H000 | Flanders | 3,068 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 3,642 EUR awarded · 3,642 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,226 EUR | 1,226 EUR |
| 2024 | 1 | 316 EUR | 316 EUR |
| 2023 | 1 | 2,100 EUR | 2,100 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 5,713 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-07-1992
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.