TWO +
Overview
Key points
Bankruptcy probability
The dashed line is the sector median: 0.5% across 2,878 companies (NACE 68, without accounts).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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Signals
Searched, nothing found (1)
Board and ownership
- Forum Estates Holding 50%equity €106.8m (2025) · 2025 annual accounts of Forum Estates Holding
- TS 33 45%score 93equity €11.6m (2025) · 2025 annual accounts of TS 33
Recent changes
Official details
Source: KBO- Status
- Active since 16-10-2025Normal situation
- Registered office
- 37 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Establishment unit
- 2.380.679.1169050 Ghent, since 16-10-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 10-04-2026
Insights on TWO +
TWO + has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
No annual accounts have been filed with the National Bank.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Board & ownership
Board
4 directors, 1 auditor, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 14. Bevoegdheid bestuursorgaan Vertegenwoordigingsbevoegdheid Zonder afbreuk te doen aan de algemene vertegenwoordigingsbevoegdheid…”deed of 20-10-2025
Permanent representatives 1
Mandates through the years
5 names, the dashed line is todayClass B director
Class B director
Class A director
Class A director
Statutory auditor
Mandates as a list
- Bart Cresens
- Class B director, appointed by deed of 20-10-2025, still in office
- Ina Beelen
- Class B director, appointed by deed of 20-10-2025, still in office
- Maxhenges
- Class A director, appointed by deed of 20-10-2025, still in office
- Tiensuu, Lauri Samuel
- Class A director, appointed by deed of 20-10-2025, still in office
- BV PwC Bedrijfsrevisoren
- Statutory auditor, appointed by deed of 20-10-2025, still in office
Control
Articles of association
deed of 20-10-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 4 directors“Iedere Bestuurder mag punten plaatsen, zetel tenzij in oproeping anders bepaald”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Aandelen op naam, aandeelhouders mogen kennis nemen betreffende hun effecten”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Geen overdracht dan in overeenstemming met artikel 11 Aandeelhoudersovereenkomst van 2025-10-15, behoudens andersluidende bepaling niet…”
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- From 1 January to 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 11:00
Shareholders
2 ownersOwners 2
- Equity €106.8m Loss of €3.4m in 2025 (profit of €656,096 in 2024)50%
- Equity €11.6m Profit of €2.4m in 2025 (profit of €728,474 in 2024) Checked score 93Sourceaccounts TS 33 202545%
Capital transactions
- Forum Estates Holding (BE 0734.663.449) 5,000 shares (50%) · €5,000,000
- TS 33 (BE 0568.894.211) 4,500 shares (45%) · €4,500,000
- BEELEN Ina Ida Thea 250 shares (2.5%) · €250,000
- Schreurs Thomas 250 shares (2.5%) · €250,000
- 20-10-2025 Incorporation · 10,000 shares
Network & group
At the same address
Brusselsesteenweg 6, 9050 Ghent · 36 other companies| Forum Estates Holding
registered office since 29-09-2019 · founded in 2019 |
total assets €270.4m (2025) 0734.663.449 |
| FORUM ESTATES
registered office since 11-06-2013 · founded in 2013 · group Forum Estates Holding |
turnover €8.8m (2018) 0535.599.554 |
| EXACT SOFTWARE BELGIUM
establishment since 01-08-2025 · founded in 1989 |
131 FTE (2025) 0437.228.587 |
| Super Invest
registered office since 01-01-1986 · founded in 1985 · group Forum Estates Holding |
total assets €58.2m (2025) 0428.218.376 |
| Entourage Capital
registered office since 06-02-2024 · founded in 2024 |
total assets €31.6m (2026) 1005.671.551 |
| FINVISION
establishment since 02-04-2024 · founded in 2016 |
6.2 FTE (2025) 0654.862.638 |
| PARC COMMERCIAL ESTAIMPUIS
registered office since 21-04-2015 · founded in 2015 |
total assets €13.3m (2019) 0628.747.268 |
| Forum Estates LUX
registered office since 27-08-2021 · founded in 2021 · group Forum Estates Holding |
total assets €9.6m (2025) 0772.935.689 |
| Finvision Bedrijfsrevisoren
establishment since 01-01-2025 · founded in 2012 · group FINVISION |
44 FTE (2025) 0849.882.722 |
| FINVISION CFO SERVICES
establishment since 17-12-2025 · founded in 2012 · group FINVISION |
57 FTE (2025) 0846.232.948 |
Earlier ties
| Belgian Food Retail via Bart Cresens, no longer at Belgian Food Retail · Director founded in 2020 · negative equity (2025) |
total assets €7.7m (2025) |
| HZ-INVEST via Bart Cresens, no longer at HZ-INVEST · Director founded in 2016 · negative equity (2025) |
total assets €1.0m (2025) |
| Super Invest via Bart Cresens (no longer at Super Invest) and Ina Beelen (no longer at Super Invest) · deed of 27-11-2023 founded in 1985 · group Forum Estates Holding |
total assets €58.2m (2025) |
| RUMCO via Bart Cresens, no longer at RUMCO · Director · deed of 18-03-2022 founded in 1994 · group TS 33 |
total assets €10.4m (2025) |
| GINC-HO via Bart Cresens, no longer at GINC-HO · Director · deed of 30-09-2022 founded in 1999 · group TS 33 |
total assets €9.6m (2025) |
| ONE+ Residential via Bart Cresens, no longer at ONE+ Residential · Director · deed of 21-09-2020 founded in 2018 · group TS 33 |
total assets €6.7m (2025) |
Show 8 more earlier ties
| One+ city via Bart Cresens, no longer at One+ city · Director · deed of 27-12-2018 founded in 2018 · group TS 33 |
total assets €4.5m (2025) |
| TSB via Bart Cresens, no longer at TSB · Director · deed of 17-03-2022 founded in 1974 · group TS 33 |
total assets €4.2m (2025) |
| ALAUDA via Bart Cresens, no longer at ALAUDA · Director · deed of 06-07-2023 founded in 2001 |
total assets €1.9m (2025) |
| Immo Cleblo via Bart Cresens, no longer at Immo Cleblo · Director · deed of 04-10-2021 founded in 2012 |
total assets €1.5m (2025) |
| TSR via Bart Cresens, no longer at TSR · Managing director · deed of 24-06-2020 No longer active |
total assets €15.2m (2021) |
| AMI 4 via Bart Cresens, no longer at AMI 4 · Director · deed of 21-03-2022 No longer active · group TS 33 |
total assets €4.1m (2024) |
| CRESENDO INVEST via Bart Cresens, no longer at CRESENDO INVEST · Permanent representative · deed of 06-03-2018 No longer active |
total assets €3.9m (2019) |
| ARBOR via Bart Cresens, no longer at ARBOR · Director · deed of 17-03-2022 No longer active · group TS 33 |
1 FTE (2024) |
Connections & network
17 connected companiesShow 13 more companies with a shared director
Timeline
Timeline
3 events since 2025
IncorporationFounders: Forum Estates Holding, TS 33, BEELEN Ina Ida Thea and 1 other · 10,000 shares · Appointments: Maxhenges (class A director); Tiensuu, Lauri Samuel (class A director); Bart Cresens (class B director); BEELEN Ina Ida Thea (class B director) and PwC Bedrijfsrevisoren BV (statutory auditor) · published on 20-10-202513 points ▸
- Founder, Forum Estates Holding
- Founder, TS 33
- Founder, BEELEN Ina Ida Thea
- Founder, Schreurs Thomas
- 10,000 shares, mentioned twice in the deed
- Registered office clause, Brusselsesteenweg 6, 9050 Gent
- Board rule, 4
- Director appointment, Maxhenges (class A director)
- Director appointment, Tiensuu, Lauri Samuel (class A director)
- Director appointment, Bart Cresens (class B director)
- Director appointment, BEELEN Ina Ida Thea (class B director)
- Permanent representative, Elke Franciska Thea Krols
- Auditor appointment, PwC Bedrijfsrevisoren BV (statutory auditor)
- The deed holds 5 more points.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1029.263.535
- VAT number
- BE 1029.263.535
- Peppol ID
- 0208:1029263535
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 16-10-2025
- Financial yearThe company draws up its annual accounts over this twelve-month period.
- From 1 January to 31 Decemberdeed of 20-10-2025 (in Dutch)
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- To 31-12-2026, first annual accounts due by 31-07-2027deed of 20-10-2025
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 11:00deed of 20-10-2025 (in Dutch)
- Peppol
- Reachable since 10-04-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TWO + in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 20-10-2025 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- TWO +deed of 20-10-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 20-10-2025 (in Dutch)
Activities
NACEBEL 2025- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Adviesbureau op het gebied van bedrijfsvoering en vastgoedontwikkeling; Het optreden als tussenpersoon bij het afsluiten van commerciële…”deed of 20-10-2025 (in Dutch)
21 activities
- Adviesbureau op het gebied van bedrijfsvoering en vastgoedontwikkeling;
- Het optreden als tussenpersoon bij het afsluiten van commerciële transacties,als makelaar en/of als commissionair;
- Bestuurder van vennootschappen;
- De verwerving,de vervreemding,het beheer,de uitbating,de valorisatie,het huren en verhuren,de verkaveling van onroerende goederen;
- Het doen bouwen of verbouwen;
- Tussenhandelaar,de handel in de onroerende goederen,dit in de ruimste zin van het woord,met inbegrip van onroerende leasing;
- Het optreden als tussenpersoon bij onderhandelingen bij gehele of gedeeltelijke overname van aandelen,dit in de ruimste zin van het woord.
- Het bevorderen van de oprichting van vennootschappen door inbreng,fusie,participatie of investeringen.
- Het rationeel en doelmatig beheer waar te nemen van haar zowel roerend als onroerend vermogen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van haar goederen te bevorderen.
- Binnen de perken van dit beheer,zal de vennootschap in de vorm van beleggingen alle roerende en onroerende goederen,of beperkte zakelijke rechten hierop,kunnen aankopen,vervreemden,huren en verhuren,of ter beschikking stellen van leden van het personeel of organen van bestuur,al dan niet hypothecaire leningen en kredieten aangaan of toestaan en roerende en onroerende leasingverrichtingen doen zonder dat deze opsomming beperkend is.
- De vennootschap kan functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
- Het presteren van diensten verband houdende met het voorgaande,alles in de ruimste zin van het woord.
- De vennootschap kan aandelen verwerven in andere vennootschappen.
- De vennootschap kan eveneens leningen toestaan aan haar bestuurders of aandeelhouders.
- De vennootschap mag haar voorwerp zowel in België als in het buitenland uitoefenen en nastreven,zowel rechtstreeks als door een vertegenwoordiging,deelneming,associaties,samensmelting,concessie of mandaat,zowel voor eigen rekening als voor rekening en risico voor derden.
- De vennootschap kan overgaan tot alle handelsverrichtingen,burgerlijke verrichtingen,nijverheidsverrichtingen,financiële,roerende en onroerende verrichtingen,zo voor eigen rekening als voor rekening van derden,die van aard zijn de verwezenlijking van haar voorwerp rechtstreeks of onrechtstreeks te bevorderen,dit zowel in België als in het buitenland.
- Zij zal door alle middelen mogen samenwerken met of deelnemen aan alle ondernemingen of vennootschappen,die eenzelfde,gelijkaardig of aanverwant voorwerp nastreven of die van aard zijn grondstoffen te verschaffen of de afzet van het product te vergemakkelijken.
- Deze deelneming kan geschieden door inschrijving op of de overname van aandelen,inbreng,fusie,opslorping,splitsing of op welke wijze dan ook.
- Op algemene wijze mag zij allerhande commerciële,industriële,financiële,roerende en onroerende verrichtingen,welke rechtstreeks of onrechtstreeks verband houden met haar voorwerp.
- De vennootschap kan vermogen beleggen in onder meer onroerende goederen,effecten en geldleningen.
- Dit voorwerp dient zo ruim mogelijk geïnterpreteerd te worden.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 6 registered office 9050 Ghent | 16-10-2025 | 2.380.679.116 |
Buildings and parcels at the address
- Ground area
- 3,071 m²
- Buildings
- 522 m²
- Volume, LiDAR
- 107 m³
- Tallest building
- 8.1 m
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44032A0520/00A000 | 3,071 m² | 1 · 522 m² | 8.1 m |