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S2T

Active
Private limited companyfounded 20224 yrs activeRue Maurice Duchêne 25G, 4340 Awans, BelgiumKBO/BCE: BE 0785.677.135
Summary

S2T has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80,343 and a net result of €24,471. Equity is growing by ~71.2% per year across the filed fiscal years. Its solvency ranks better than 54% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability93▼-7
Solvency88▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.46 in 2023; short-term debt: 35.9% and cash: 89.5% of total assets), and 37.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
27 d late
2022
63 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

History

S2T was incorporated on 3 May 2022 as a Private limited company.1 Total assets rose from EUR 12,619 in 2022 to EUR 127,640 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€80,343▲ 43.8%
2023 · €55,872
Total assets
€127,640▲ 18.8%
2023 · €107,407
Net result
€24,471▼ 55.6%
2023 · €55,136
Working capital
€80,064▲ 28.3%
2023 · €62,392
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€1,366-€78,056▲ 5,613%€35,437▼ 54.6%
Net result-€1,264below the sector's middle half-€55,136within the sector's middle half€24,471within the sector's middle half▼ 55.6%
Equity€736below the sector's middle half-€55,872within the sector's middle half▲ 7,496%€80,343within the sector's middle half▲ 43.8%
Total assets€12,619below the sector's middle half-€107,407within the sector's middle half▲ 751%€127,640within the sector's middle half▲ 18.8%
Debt€11,884-€51,535▲ 334%€47,297▼ 8.2%
Working capital€736-€62,392▲ 8,383%€80,064▲ 28.3%
Solvency5.8%below the sector's middle half-52.0%within the sector's middle half▲ 46.2pp62.9%within the sector's middle half▲ 10.9pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000€80,000Operating result 2022: €1,366€1,366Net result 2022: -€1,264-€1,264Operating result 2023: €78,056€78,056Net result 2023: €55,136€55,136Operating result 2024: €35,437€35,437Net result 2024: €24,471€24,471202220232024-€20,000€0€20,000€40,000€60,000€80,000Operating result 2022: €1,366€1,370Net result 2022: -€1,264-€1,260Operating result 2023: €78,056€78,100Net result 2023: €55,136€55,100Operating result 2024: €35,437€35,400Net result 2024: €24,471€24,500202220232024
The operating result falls in 2024; 2024 is 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €127,640
Fixed assets €1,729 ▼ 20.7%
Current assets €125,912 ▲ 19.7%
Equity and liabilities €127,640
Equity €80,343 ▲ 43.8%
Debt €47,297 ▼ 8.2%
Debt's share of the balance-sheet total falls from 48.0% to 37.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€36,478▼
2023 · €78,594
Cash flow
€25,512▼
2023 · €55,675
Current ratio
2.75▲
2023 · 2.46
Debt to equity
0.59▼
2023 · 0.92
ROE
30.5%▼
2023 · 98.7%
ROA
19.2%▼
2023 · 51.3%
Interest coverage
21.32▼
2023 · 42.00
Debt ≤ 1 year
€45,847▲
2023 · €42,835
Income taxes
€9,377▼
2023 · €21,049
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,275 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€107,407€127,640▲
Fixed assets21/28€2,180€1,729▼
Tangible fixed assets22/27€2,180€1,729▼
Furniture and vehicles24€2,180€1,729▼
Current assets29/58€105,227€125,912▲
Amounts receivable within one year40/41€51,207€11,675▼
Trade receivables40€49,234€10,170▼
Other amounts receivable41€1,973€1,504▼
Cash at bank and in hand54/58€53,500€114,237▲
Deferred charges and accrued income490/1€520-
Equity and liabilities
Total equity and liabilities10/49€107,407€127,640▲
Equity10/15€55,872€80,343▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14€53,872€78,343▲
Amounts payable17/49€51,535€47,297▼
Amounts payable within one year42/48€42,835€45,847▲
Trade debts44€4,228€4,237▲
Suppliers440/4€4,228€4,237▲
Taxes, remuneration and social security45€31,300€37,821▲
Taxes450/3€31,300€37,821▲
Other amounts payable47/48€7,308€3,789▼
Accrued charges and deferred income492/3€8,700€1,450▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€538€1,040▲
Other operating charges640/8€1,277€604▼
Non-recurring operating charges66A-€1,800
Gross operating margin9900€79,871€38,882▼
Operating profit (loss)9901€78,056€35,437▼
Financial income75/76B-€123
Recurring financial income75-€123
Financial charges65/66B€1,871€1,711▼
Recurring financial charges65€1,871€1,711▼
Profit (loss) for the period before taxes9903€76,185€33,849▼
Income taxes67/77€21,049€9,377▼
Profit (loss) for the period9904€55,136€24,471▼
Profit (loss) for the period to be appropriated9905€55,136€24,471▼
Appropriation of the result
Profit (loss) to be appropriated9906€53,872€78,343▲
Profit (loss) brought forward from the previous period14P-€1,264€53,872▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€538€1,040▲ 93.2%
Other operating charges640/8€3,067€1,277€604▼ 52.7%
Non-recurring operating charges66A--€1,800-
Gross operating margin9900€4,433€79,871€38,882▼ 51.3%
Operating profit (loss)9901€1,366€78,056€35,437▼ 54.6%
Financial income75/76B--€123-
Recurring financial income75--€123-
Financial charges65/66B€1,423€1,871€1,711▼ 8.5%
Recurring financial charges65€1,423€1,871€1,711▼ 8.5%
Profit (loss) for the period before taxes9903-€57€76,185€33,849▼ 55.6%
Income taxes67/77€1,208€21,049€9,377▼ 55.4%
Profit (loss) for the period9904-€1,264€55,136€24,471▼ 55.6%
Profit (loss) for the period to be appropriated9905-€1,264€55,136€24,471▼ 55.6%
Line202220232024Change
Assets
Total assets20/58€12,619€107,407€127,640▲ 18.8%
Fixed assets21/28-€2,180€1,729▼ 20.7%
Tangible fixed assets22/27-€2,180€1,729▼ 20.7%
Furniture and vehicles24-€2,180€1,729▼ 20.7%
Current assets29/58€12,619€105,227€125,912▲ 19.7%
Amounts receivable within one year40/41€6,291€51,207€11,675▼ 77.2%
Trade receivables40€6,291€49,234€10,170▼ 79.3%
Other amounts receivable41-€1,973€1,504▼ 23.8%
Cash at bank and in hand54/58€6,328€53,500€114,237▲ 114%
Deferred charges and accrued income490/1-€520--
Equity and liabilities
Total equity and liabilities10/49€12,619€107,407€127,640▲ 18.8%
Equity10/15€736€55,872€80,343▲ 43.8%
Contributions10/11€2,000€2,000€2,000=
Profit (loss) carried forward14-€1,264€53,872€78,343▲ 45.4%
Amounts payable17/49€11,884€51,535€47,297▼ 8.2%
Amounts payable within one year42/48€11,884€42,835€45,847▲ 7.0%
Trade debts44€323€4,228€4,237▲ 0.2%
Suppliers440/4€323€4,228€4,237▲ 0.2%
Taxes, remuneration and social security45€3,761€31,300€37,821▲ 20.8%
Taxes450/3€3,761€31,300€37,821▲ 20.8%
Other amounts payable47/48€7,801€7,308€3,789▼ 48.2%
Accrued charges and deferred income492/3-€8,700€1,450▼ 83.3%
Line202220232024Change
Profit (loss) for the period9904-€1,264€55,136€24,471▼ 55.6%
+ Depreciation and write-downs630-€538€1,040▲ 93.2%
Operating cash flow (approximation)-€1,264€55,675€25,512▼ 54.2%
Investment in fixed assets (approximation)---€589-
Change in cash-€47,172€60,737▲ 28.8%

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

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Back to profitnet €55,136
Net result €55,136 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 2.46
Current ratio from 1.06 to 2.46.
02-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
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, Awans · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
1,808 m²
Building footprint
143 m²
Volume, LiDAR
898 m³
2 parcels, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S2T
Rue François Cornet 50, 4340 AwansActivities of lawyers
since 20222.330.769.745
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62006B0210/00H000 Wallonia 1,078 m² 1 · 67 m² 7.9 m · 2 fl.
62077A0604/00D000 Wallonia 730 m² 1 · 76 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,531 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded03-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID 0208:0785677135
Also 9925:BE0785677135
Registered 11-06-2025

Register as of 27 September 2026 · Peppol Directory

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