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.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €360,000. Estimated: probably between €300,000 and €430,000.
Higher than 39% of 41,228 companies in 2025.
Higher than 46% of 39,797 companies in 2025.
Higher than 73% of 40,318 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
309,115 | 356,357 | 509,103 | 338,059 | 335,861 | 398,906 | 452,020 | 496,589 | 576,176 | 662,740 | 606,849 | 684,497 | 877,921 | 816,495 | 948,688 | 1.2m | 1.3m | 189,000 | 178,884 | |
21/28 |
186,224 | 250,007 | 229,013 | 288,448 | 308,345 | 367,608 | 427,770 | 448,510 | 507,986 | 568,151 | 554,756 | 628,449 | 673,477 | 673,843 | 715,094 | 690,860 | 682,600 | 42,650 | 35,976 | |
22/27 |
186,224 | 250,007 | 229,013 | 288,448 | 308,345 | 367,608 | 427,770 | 448,510 | 507,986 | 568,151 | 554,756 | 628,449 | 673,477 | 673,843 | 715,094 | 690,860 | 682,600 | 42,650 | 35,976 | |
22 |
2,862 | 4,293 | 5,724 | 7,155 | 8,586 | 10,017 | 11,449 | 12,880 | 14,311 | 15,741 | 17,173 | 18,604 | 20,035 | 21,466 | 22,897 | 24,328 | 25,759 | 27,190 | 28,621 | |
23 |
- | - | - | - | - | - | - | - | - | 1,370 | 2,739 | 4,110 | 5,479 | 195 | 390 | 6,092 | 8,650 | 6,332 | 99 | |
24 |
66,901 | 92,461 | 33,244 | 49,081 | 25,753 | 40,448 | 55,971 | 31,656 | 46,078 | 59,819 | - | 26,694 | 39,113 | 528 | 10,168 | 8,339 | 3,198 | 4,717 | 2,177 | |
26 |
116,461 | 153,253 | 190,045 | 232,212 | 274,006 | 317,142 | 360,351 | 403,975 | 447,598 | 491,221 | 534,844 | 579,041 | 608,850 | 651,654 | 681,639 | 652,101 | 644,993 | 4,411 | 5,079 | |
29/58 |
122,892 | 106,351 | 280,089 | 49,611 | 27,516 | 31,298 | 24,249 | 48,079 | 68,190 | 94,589 | 52,093 | 56,048 | 204,444 | 142,652 | 233,593 | 487,090 | 569,754 | 146,350 | 142,908 | |
40/41 |
42,269 | 39,957 | 76,427 | 42,822 | 18,592 | 23,110 | 16,137 | 44,845 | 60,640 | 56,533 | 36,518 | 48,574 | 176,217 | 99,973 | 202,222 | 103,061 | 52,062 | 132,904 | 128,918 | |
40 |
35,090 | 39,455 | 76,427 | 42,822 | 15,290 | 7,250 | 970 | 38,752 | 55,816 | 56,533 | 36,518 | 15,052 | 34,171 | 30,552 | 81,865 | 80,464 | 38,588 | 132,897 | 128,913 | |
41 |
7,179 | 502 | - | 0 | 3,302 | 15,859 | 15,167 | 6,093 | 4,824 | - | - | 33,521 | 142,046 | 69,421 | 120,357 | 22,597 | 13,473 | 7 | 5 | |
54/58 |
75,884 | 58,279 | 192,541 | 1,826 | 4,535 | 4,724 | 3,770 | - | 4,422 | 34,800 | 15,279 | 6,184 | 26,232 | 32,028 | 30,323 | 22,142 | 13,565 | 13,446 | 11,837 | |
490/1 |
4,739 | 8,115 | 11,121 | 4,964 | 4,389 | 3,464 | 4,342 | 3,234 | 3,128 | 3,256 | 296 | 1,291 | 1,995 | 10,651 | 1,048 | 361,887 | 504,127 | - | 2,153 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
309,115 | 356,357 | 509,103 | 338,059 | 335,861 | 398,906 | 452,020 | 496,589 | 576,176 | 662,740 | 606,849 | 684,497 | 877,921 | 816,495 | 948,688 | 1.2m | 1.3m | 189,000 | 178,884 | |
10/15 |
128,965 | 32,649 | -146,832 | -370,332 | -415,014 | -376,452 | -260,881 | -160,592 | -146,309 | -124,631 | -146,930 | -20,251 | 91,048 | 31,219 | 13,819 | 13,279 | -16,466 | 94,745 | 118,315 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 0 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | 0 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | 0 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
11 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
26,449 | 26,449 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 194,256 | 194,256 | 194,256 | 194,256 | |
130/1 |
- | 0 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | 0 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | 0 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
26,449 | 26,449 | - | - | - | - | - | - | - | - | - | - | - | - | - | 192,396 | 192,396 | 192,397 | 192,397 | |
14 |
96,316 | 0 | -154,891 | -378,392 | -423,073 | -384,511 | -268,941 | -168,651 | -154,368 | -132,690 | -154,989 | -28,308 | 82,991 | 23,162 | 5,763 | -187,174 | -216,919 | -105,708 | -82,138 | |
17/49 |
180,150 | 323,709 | 655,935 | 708,392 | 750,874 | 775,358 | 712,901 | 657,182 | 722,485 | 787,371 | 753,779 | 704,748 | 786,873 | 785,276 | 934,868 | 1.2m | 1.3m | 94,255 | 60,569 | |
17 |
114,365 | 238,777 | 555,573 | 644,115 | 699,194 | 716,289 | 641,162 | 597,757 | 662,443 | 676,625 | 681,797 | 635,234 | 686,283 | 701,665 | 737,238 | 1.1m | 1.2m | - | - | |
170/4 |
114,365 | 238,777 | 555,573 | 644,115 | 699,194 | 716,289 | 641,162 | 597,757 | 478,443 | 526,625 | 581,797 | 635,234 | 686,283 | 701,665 | 737,238 | 1.1m | 1.2m | - | - | |
178/9 |
- | - | - | - | - | - | - | - | 184,000 | 150,000 | 100,000 | - | - | - | - | - | - | - | - | |
42/48 |
65,785 | 84,931 | 99,642 | 64,210 | 51,680 | 59,069 | 71,549 | 59,425 | 60,042 | 110,746 | 71,982 | 69,514 | 100,590 | 82,811 | 197,630 | 114,263 | 99,092 | 93,187 | 60,569 | |
42 |
53,912 | 70,623 | 71,782 | 45,079 | 44,363 | 45,873 | 54,611 | 50,937 | 48,182 | 55,153 | 53,624 | 51,049 | 49,713 | 36,323 | 35,320 | 59,171 | 64,808 | 58,500 | - | |
43 |
252 | - | - | 0 | 204 | 470 | 254 | - | 1,315 | 1,291 | 65 | 2,171 | - | - | - | - | - | - | - | |
430/8 |
252 | - | - | 0 | 204 | 470 | 254 | - | 1,315 | 1,291 | 65 | 2,171 | - | - | - | - | - | - | - | |
44 |
3,037 | 3,985 | 15,963 | 9,101 | 3,016 | 9,170 | 2,291 | 2,696 | 3,615 | 5,371 | 2,619 | 15,730 | 8,197 | 4,047 | 6,501 | 27,606 | 6,918 | 3,307 | 33,479 | |
440/4 |
3,037 | 3,985 | 15,963 | 9,101 | 3,016 | 9,170 | 2,291 | 2,696 | 3,615 | 5,371 | 2,619 | 15,730 | 8,197 | 4,047 | 6,501 | 27,606 | 6,918 | 3,307 | 33,479 | |
45 |
7,235 | 6,092 | 9,185 | 6,626 | 2,319 | 2,560 | 2,572 | 3,600 | 5,012 | 8,408 | 1,689 | 563 | 42,681 | 21,697 | 59,309 | 3,034 | 7,366 | 7,571 | 15,220 | |
450/3 |
7,235 | 6,092 | 9,185 | 6,626 | 2,319 | 2,560 | 2,572 | 3,600 | 5,012 | 8,408 | 1,689 | 563 | 42,681 | 21,697 | 59,309 | 3,034 | 7,366 | 7,571 | 15,220 | |
47/48 |
1,348 | 4,231 | 2,712 | 3,404 | 1,778 | 996 | 11,821 | 2,191 | 1,917 | 40,523 | 13,985 | - | - | 20,744 | 96,500 | 24,451 | 20,000 | 23,809 | 11,870 | |
492/3 |
- | 0 | 720 | 67 | - | 0 | 190 | - | - | - | - | - | - | 800 | - | - | - | 1,068 | - | |
| Income statement | ||||||||||||||||||||
9900 |
212,783 | 293,420 | 299,685 | 109,169 | 29,568 | -45,661 | -19,685 | 68,773 | 58,932 | 109,257 | -27,680 | -15,357 | 185,553 | 112,794 | 196,564 | 117,375 | 59,202 | -112 | 42,245 | |
630 |
63,783 | 61,005 | 65,001 | 56,421 | 59,263 | 60,163 | 60,979 | 61,960 | 62,501 | 61,723 | 51,193 | 64,218 | 61,122 | 45,114 | 58,107 | 45,761 | 119,694 | 6,329 | 6,391 | |
631/4 |
- | - | - | 0 | -583 | - | - | - | -6,588 | - | 7,170 | - | - | - | - | - | - | - | - | |
640/8 |
2,804 | 7,790 | 3,320 | 2,160 | 2,637 | 2,071 | 10,334 | 2,270 | 2,332 | 2,680 | 12,990 | 8,290 | 6,081 | 3,714 | 2,446 | 4,844 | 4,216 | 10,264 | 10,586 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,764 | - | - | - | - | - | |
9901 |
146,196 | 224,625 | 231,364 | 50,588 | -31,749 | -107,895 | -90,998 | 4,543 | 687 | 44,854 | -99,033 | -87,865 | 118,350 | 63,967 | 136,011 | 66,770 | -64,707 | -16,705 | 25,268 | |
75/76B |
0 | - | - | - | - | 0 | 0 | 1 | 0 | 5 | 4 | 6,451 | 8,779 | 10,333 | 6,649 | 13 | 1 | 13 | 31 | |
75 |
0 | - | - | - | - | 0 | 0 | 1 | 0 | 5 | 4 | 6,451 | 8,779 | 10,333 | 6,649 | 13 | 1 | 13 | 31 | |
65/66B |
9,058 | 11,925 | 6,699 | 5,226 | 6,028 | 6,927 | 8,415 | 17,820 | 21,514 | 22,305 | 27,153 | 28,171 | 34,349 | 38,745 | 36,511 | 37,037 | 46,504 | 6,878 | 7,802 | |
65 |
9,058 | 11,925 | 6,699 | 5,226 | 6,028 | 6,927 | 8,415 | 17,820 | 21,514 | 22,305 | 27,153 | 28,171 | 34,349 | 38,745 | 36,511 | 37,037 | 46,504 | 6,878 | 7,802 | |
9903 |
137,138 | 212,699 | 224,665 | 45,361 | -37,777 | -114,822 | -99,412 | -13,276 | -20,827 | 22,554 | -126,182 | -109,586 | 92,780 | 31,791 | 106,148 | 29,747 | -111,211 | -23,570 | 17,497 | |
67/77 |
40,821 | 31,552 | 1,165 | 680 | 785 | 749 | 877 | 1,008 | 851 | 255 | 500 | 1,713 | 32,951 | 14,391 | 15,607 | 2 | - | - | - | |
9904 |
96,316 | 181,147 | 223,500 | 44,681 | -38,562 | -115,571 | -100,289 | -14,284 | -21,678 | 22,299 | -126,682 | -111,299 | 59,829 | 17,399 | 90,541 | 29,745 | -111,211 | -23,570 | 17,497 | |
9905 |
96,316 | 181,147 | 223,500 | 44,681 | -38,562 | -115,571 | -100,289 | -14,284 | -21,678 | 22,299 | -126,682 | -111,299 | 59,829 | 17,399 | 90,541 | 29,745 | -111,211 | -23,570 | 17,497 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
96,316 | 26,255 | -154,891 | -378,392 | -423,073 | -384,511 | -268,941 | -168,651 | -154,368 | -132,690 | -154,989 | -28,308 | 82,991 | 23,162 | -96,634 | -187,174 | -216,919 | -105,708 | -82,138 | |
14P |
0 | -154,891 | -378,392 | -423,073 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 192,396 | - | - | - | - | |
691/2 |
0 | 24,589 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
0 | 24,589 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
0 | 1,666 | - | - | - | - | - | - | - | - | - | - | - | - | 90,000 | - | - | - | - | |
694 |
0 | 1,666 | - | - | - | - | - | - | - | - | - | - | - | - | 90,000 | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-02-2026.
2025 annual accounts filed 2 days after the deadline. Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00035946.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00035946 | |
| 30-06-2024 | micro format | 24-12-2024 | 2024-00625270 | |
| 30-06-2023 | micro format | 23-01-2024 | 2024-00005095 | |
| 30-06-2022 | micro format | 13-02-2023 | 2023-00028800 | |
| 30-06-2021 | micro format | 20-12-2021 | 2021-80700601 | |
| 30-06-2020 | micro format | 16-12-2020 | 2020-76000346 | |
| 30-06-2019 | micro format | 09-12-2019 | 2019-75600274 | |
| 30-06-2018 | micro format | 10-12-2018 | 2018-73900488 | |
| 30-06-2017 | micro format | 22-12-2017 | 2017-72800521 | |
| 30-06-2016 | abbreviated format | 21-12-2016 | 2016-70800245 | |
| 30-06-2015 | abbreviated format | 13-01-2016 | 2016-01300429 | |
| 30-06-2014 | abbreviated format | 13-01-2015 | 2015-01400334 | |
| 30-06-2013 | abbreviated format | 28-02-2014 | 2014-05200123 | |
| 30-06-2012 | abbreviated format | 23-01-2013 | 2013-01200224 | |
| 30-06-2011 | abbreviated format | 03-01-2012 | 2012-00200523 | |
| 30-06-2010 | abbreviated format | 29-04-2011 | 2011-09700515 | |
| 30-06-2009 | abbreviated format | 01-04-2010 | 2010-08600366 | |
| 30-06-2008 | abbreviated format | 05-02-2009 | 2009-03800019 | |
| 30-06-2007 | abbreviated format | 17-12-2007 | 2007-83100211 | |
| 30-06-2006 | abbreviated format | 15-12-2006 | 2006-92004585 | |
| 30-06-2005 | abbreviated format | 21-12-2005 | 2005-90700976 | |
| 30-06-2004 | abbreviated format | 07-02-2005 | 2005-04601280 | |
| 30-06-2003 | abbreviated format | 16-02-2004 | 2004-04601700 | |
| 30-06-2002 | abbreviated format | 30-12-2002 | 2002-79700378 | |
| 30-06-2001 | abbreviated format | 19-12-2001 | 2001-76803985 | |
| 30-06-2000 | abbreviated format | 18-12-2000 | 2000-76402804 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 209,979 | 285,630 | 296,366 | 107,009 | 27,514 | -47,732 | -30,019 | 66,502 | 63,188 | 106,577 | -47,840 | -23,648 | 179,471 | 109,081 | 194,117 | 112,531 | 54,986 | -10,376 | 31,659 | ||
| 160,099 | 242,152 | 288,501 | 101,103 | 20,701 | -55,408 | -39,310 | 47,676 | 40,823 | 84,022 | -75,489 | -47,081 | 120,951 | 62,513 | 148,647 | 75,506 | 8,483 | -17,241 | 23,888 | ||
| 0 | 81,998 | 5,567 | 36,524 | 0 | 0 | 69,837 | 2,484 | 2,336 | 75,118 | 25,357 | 19,190 | 60,756 | 12,750 | 80,615 | 54,021 | 759,643 | 13,003 | - | ||
| 17,605 | -134,262 | 190,715 | -2,709 | -189 | 954 | - | - | -30,378 | 19,521 | 9,095 | -20,048 | -5,796 | 1,705 | 8,182 | 8,577 | 119 | 1,609 | - | ||
| 57,106 | 21,419 | 180,447 | -14,599 | -24,164 | -27,771 | -47,300 | -11,346 | 8,148 | -16,157 | -19,889 | -13,466 | 103,854 | 59,841 | 35,963 | 372,827 | 470,662 | 53,163 | 82,339 | ||
| 41.7% | 9.2% | -28.8% | -109.5% | -123.6% | -94.4% | -57.7% | -32.3% | -25.4% | -18.8% | -24.2% | -3.0% | 10.4% | 3.8% | 1.5% | 1.1% | -1.3% | 50.1% | 66.1% | ||
| 1.87 | 1.25 | 2.81 | 0.77 | 0.53 | 0.53 | 0.34 | 0.81 | 1.14 | 0.85 | 0.72 | 0.81 | 2.03 | 1.72 | 1.18 | 4.26 | 5.75 | 1.57 | 2.36 | ||
| 1.40 | 9.91 | - | - | - | - | - | - | - | - | - | - | 8.64 | 25.15 | 67.65 | 87.71 | - | 0.99 | 0.51 | ||
| 74.7% | 554.8% | - | - | - | - | - | - | - | - | - | - | 65.7% | 55.7% | 655.2% | 224.0% | - | -24.9% | 14.8% | ||
| 31.2% | 50.8% | 43.9% | 13.2% | -11.5% | -29.0% | -22.2% | -2.9% | -3.8% | 3.4% | -20.9% | -16.3% | 6.8% | 2.1% | 9.5% | 2.5% | -8.9% | -12.5% | 9.8% | ||
| 23.18 | 23.95 | 44.24 | 20.47 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Mortgages, amount registered | €150,000 | €150,000 | €150,000 | €150,000 |
| Carrying value of the mortgaged assets | €101,250 | €135,000 | €168,750 | €202,500 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €81,998 | €5,567 | €36,524 |
| €63,783 | €61,005 | €65,001 | €56,421 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 35% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 90.8% to 58.3%. Equity is higher and debt is lower.
TWO has no parent and no holdings in its annual accounts.
via , no longer at · Permanent representative · deed of 27-01-2016 founded in 2015 |
turnover €462,502 (2026) |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Haenhoutstraat 149 registered office 9070 Destelbergen 68201 Renting and operating of own or leased residential real estate, excluding social housing | 22-02-1999 | 2.090.216.376 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44333G0236/00F000 | 1.5 ha | 1 · 209 m² | 11.6 m · 2 |
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