Equity
Equity rose in 2025 from €32,649 to €128,965.
Equity rose in 2025 from €32,649 to €128,965.
Two of the last ten came late. The 2022 accounts came latest: 13 days after the end of the period.
Higher net result than 84% of companies in head offices and management consultancy. Sector median €26,442 · 41,246 companies.
In July 2024, 31,386 companies had the same profile as TWO has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,386 companies, not a prediction for TWO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| TWO Destelbergen | €309,115 | €212,783 | 41.7% | - |
| VERKEST & PARTNERS Knokke-Heist | €290,762 | €224,852 | 62.1% | - |
| Juri Pacioli Bruges | €268,553 | €211,314 | 51.3% | - |
| GO TO BUSINESS Fosses-la-Ville | €360,040 | €239,659 | 86.8% | - |
| CONCILIUM Herenthout | €318,724 | €215,773 | 34.1% | - |
| LOGISTIC PERFORMANCE Boom | €356,293 | €181,882 | 82.1% | - |
| MIDAS CONSULTING Kinrooi | €343,714 | €180,306 | 92.6% | - |
These companies have the same main activity as TWO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €269,000 and €360,000, founded between 1997 and 2002.
TWO files the micro format. That format states no turnover. The gross margin rose from €42,245 in 2007 to €212,783 in 2025.
The balance sheet grew most from 2008 to 2009 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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