TWENTY TWO
Bankruptcy closedTWENTY TWO was declared bankrupt on 02-06-2025 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed by liquidation by judgment of 01-09-2026, published in the Belgian State Gazette on 17-09-2026.
No longer registered with the KBO since 07-09-2026; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 16-03-2024, 45 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 filed
2024
not filed
2023
45 d late
2022
24 d late
2021
28 d late
2020
88 d late
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-12k▼ 277%
2022 · €-3k
2019: €849
2020: €-8k
2021: €-7k
2022: €-3k
2019 → 2023
Working capital
€-89k▼ 16.1%
2022 · €-77k
2019: €-77k
2020: €-83k
2021: €-74k
2022: €-77k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-69k-€-77k▼ 10.9%€-74k▲ 4.0%€-77k▼ 4.5%€-89k▼ 16.1%
Operating result€2k-€-5k€-6k▼ 16.0%€-404▲ 93.6%€-12k▼ 2,968%
Net result€849-€-8k€-7k▲ 6.5%€-3k▲ 53.3%€-12k▼ 277%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2023 against €404 in 2022; the loss grows and 2023 has the lowest result in the available series.
Key figures and ratios
Solvency
-13.8%▲
2022 · -18.1%
Current ratio
0.88▲
2022 · 0.85
Quick ratio
0.88▲
2022 · 0.85
Debt / equity
-8.25▼
2022 · -6.53
ROA
-1.9%▼
2022 · -0.8%
Debt
€738k▲
2022 · €503k
Debt ≤ 1 year
€738k▲
2022 · €503k
Income taxes
€-1▼
2022 · €2k
Staff costs
€377k▲
2022 · €122k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€426k€649k▲
Current assets29/58€426k€649k▲
Amounts receivable within one year40/41€414k€599k▲
Trade receivables40€388k€559k▲
Other amounts receivable41€26k€40k▲
Cash at bank and in hand54/58€12k€50k▲
Equity and liabilities
Total equity and liabilities10/49€426k€649k▲
Equity10/15€-77k€-89k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-83k€-96k▼
Amounts payable17/49€503k€738k▲
Amounts payable within one year42/48€503k€738k▲
Financial debts43-€313
Credit institutions430/8-€313
Trade debts44€452k€522k▲
Suppliers440/4€452k€522k▲
Taxes, remuneration and social security45€50k€215k▲
Taxes450/3€9k€43k▲
Remuneration and social security454/9€41k€172k▲
Other amounts payable47/48€1k€946▼
Income statement
Code20222023
Remuneration, social security and pensions62€122k€377k▲
Other operating charges640/8€1k€492▼
Gross operating margin9900€123k€365k▲
Operating profit (loss)9901€-404€-12k▼
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€440€17▼
Recurring financial charges65€440€17▼
Profit (loss) for the period before taxes9903€-834€-12k▼
Income taxes67/77€2k€-1▼
Profit (loss) for the period9904€-3k€-12k▼
Profit (loss) for the period to be appropriated9905€-3k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-83k€-96k▼
Profit (loss) brought forward from the previous period14P€-80k€-83k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-09
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise francophone de Bruxelles · SRL TWENTY TWO AVENUE LOUISE 231, 1050 IXELLES. déclarée le 2 juin 2025 · event 01-09-2026
2025
10-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL TWENTY TWO AVENUE LOUISE 231, 1050 IXELLES · event 02-06-2025
2024
16-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 45 days late
2023
30-06
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 28 days late
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 303 days late
2016
18-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
30-03
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 58 days late
2014
31-12
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 334 days late
2013
06-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 126 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Catherine HERINCKX AVENUE DU CONGO 1,
1050 IXELLES |
02-06-2025 → present |