Equity
€178,581 ▲ 2.4%
TWO-ELEC has made a profit without a break since 2023.
TWO-ELEC
Lifetime
15 annual accounts with figures on one time axispeak €517,792 (2019)
€228,613▲ 7.4%
lowest -€1,824 (2022)
€4,163▼ 76.4%
peak €178,581 (2025)
€178,581▲ 2.4%
€369,330▲ 42.6%
peak 10 FTE (2024)
3.8 FTE▼ 62.0%
Board2 names since 2011
1 director
Documentsfilings and deeds
21-08-202621 days late
2025abbreviated format
Result from €17,624 to €4,163Staff from 10 FTE to 3.8 FTEResignation: (director) 24-11Debts from €259,066 to €369,330Investments €112,657Cash from €58,686 to €18,552
Key points
from the 2025 annual accountsTurnover
≈ €650,000 estimated
The accounts state no turnover.
Debts
€369,330 ▲ 42.6%
Debts rose by €110,264 in 2025.
Investments
€112,657 4.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 160.5% higher than in 2024.
Staff
3.8 FTE from 10 in 2024
Between 2024 and 2025, 62% of the full-time equivalents disappeared.
Filings
15 annual accounts since 2011
Eight of the last ten came late. The 2020 accounts came latest: 91 days after the end of the period.
Staff (FTE) -62%: other schema
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,915 companies had the same profile as TWO-ELEC has now. Each dot stands for 28 companies, two years later.
95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
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 10,915 companies, not a prediction for TWO-ELEC. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0834878307
Resignation: (director)
General meeting of 06-11-2025 · Gazette deed
Registered office moved from Namur to Tamines
New registered office: Rue Pré des Haz 44, 5060 Tamines · Previous registered office: Rue de Maizeret, 155 à 5101 Namur (Loyers) · General meeting of 10-11-2022 · Gazette deed
First establishment
Pré des Haz 44, Sambreville
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TWO-ELEC Sambreville | €547,910 | €228,613 | 32.6% | 3.8 |
| HEAT SWITCH Melle | €564,323 | €224,781 | 36.8% | 4.6 |
| HÖNDERS SYSTEME Raeren | €586,745 | €241,758 | 45.6% | 4 |
| NOVO Havelange | €647,726 | €306,267 | 22.9% | 5 |
| VVR ELEKTRO Wevelgem | €585,704 | €226,582 | 53.5% | 4.3 |
| HVAC Woluwe-Saint-Lambert | €482,392 | €249,931 | 30.6% | 2.9 |
| AARDINGEN MARO Tessenderlo-Ham | €551,172 | €315,339 | 45.6% | 4.1 |
These companies have the same main activity as TWO-ELEC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €482,000 and €648,000, founded between 2008 and 2014.
Official details
Source: KBO- Status
- Active since 28-03-2011Normal situation
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.275.899.1225060 Sambreville, since 21-03-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Insights on TWO-ELEC
TWO-ELEC files the abbreviated format. That format states no turnover. The gross margin rose from €86,679 in 2011 to €228,613 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TWO-ELEC
- What is the company number of TWO-ELEC?
- The company number of TWO-ELEC is 0834.878.307. The VAT number is the same number with BE in front: BE 0834.878.307.
- Where is TWO-ELEC based?
- The registered office is at Pré des Haz 44, 5060 Sambreville.Company details
- What does TWO-ELEC do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of TWO-ELEC?
- TWO-ELEC is a private limited company (pre-2019) (BVBA).
- When was TWO-ELEC founded?
- TWO-ELEC was founded on 28-03-2011.
- Is TWO-ELEC still active?
- Yes, TWO-ELEC is an active enterprise in the KBO register.
- How many employees does TWO-ELEC have?
- TWO-ELEC had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TWO-ELEC?
- The turnover in financial year 2025 is ≈ €650,000. This figure is estimated from the gross margin of €228,613 and 57 comparable companies (NACE 43211). It probably lies between €490,000 and €790,000.
- Is TWO-ELEC profitable?
- In financial year 2025, TWO-ELEC made a profit of €4,163.
- Where can I find the annual accounts of TWO-ELEC?
- TWO-ELEC filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TWO-ELEC due?
- TWO-ELEC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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