TWO FOR ONE
ActiveSummary
TWO FOR ONE has been active since 2005 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €8,329 and a net result of -€1,919. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 16% of 21,110 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €8,329
- Loss
- -€1,919
Why 83raises riskLast filed accounts filed 61 days late; 1 of the last 3 lateEquity €8,329 (12.6% of total assets)lowers riskSize: total assets €65,896Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 18% on solvency, 7% on liquidity, 25% on profitability and 25% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 38 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€7,564
Financials · financial year 2025, micro format
2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00533117.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €4,596 after a loss of €7,064 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,450 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 93.3% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,450 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €161 | €408 | €1,477 | €2,258 | ▲ 52.9% |
| Other operating charges640/8 | - | - | - | €363 | €445 | €784 | €433 | €112 | ▼ 74.1% |
| Gross operating margin9900 | €11,679 | €1,629 | -€3,280 | €48 | €861 | €1,584 | -€5,154 | €6,966 | - |
| Operating profit (loss)9901 | €11,679 | €1,629 | -€3,280 | -€315 | €255 | €392 | -€7,064 | €4,596 | - |
| Financial income75/76B | - | - | - | €324 | - | €324 | €357 | €275 | ▼ 22.9% |
| Recurring financial income75 | - | - | €4,360 | €324 | - | €324 | €357 | €275 | ▼ 22.9% |
| Financial charges65/66B | - | - | - | €1,033 | €152 | €298 | €372 | €138 | ▼ 62.8% |
| Recurring financial charges65 | - | - | €1,406 | €1,033 | €152 | €298 | €372 | €138 | ▼ 62.8% |
| Profit (loss) for the period before taxes9903 | €11,679 | €1,629 | -€326 | -€1,024 | €103 | €418 | -€7,079 | €4,733 | - |
| Income taxes67/77 | €3,664 | - | €5,091 | €0 | - | €371 | €485 | €6,652 | ▲ 14× |
| Profit (loss) for the period9904 | €8,015 | €1,629 | -€5,417 | -€1,024 | €103 | €47 | -€7,564 | -€1,919 | ▲ 74.6% |
| Profit (loss) for the period to be appropriated9905 | €8,015 | €1,629 | -€5,417 | -€1,024 | €103 | €47 | -€7,564 | -€1,919 | ▲ 74.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €38,500 | €27,434 | €19,580 | €25,844 | €26,538 | €27,414 | €46,726 | €65,896 | ▲ 41.0% |
| Fixed assets21/28 | - | - | - | - | €1,063 | €1,215 | €9,794 | €8,186 | ▼ 16.4% |
| Tangible fixed assets22/27 | - | - | - | - | €1,063 | €655 | €9,234 | €6,976 | ▼ 24.5% |
| Furniture and vehicles24 | - | - | - | - | €1,063 | €655 | €247 | - | - |
| Leasing and similar rights25 | - | - | - | - | - | - | €8,987 | €6,976 | ▼ 22.4% |
| Financial fixed assets28 | - | - | - | - | - | €560 | €560 | €1,210 | ▲ 116% |
| Current assets29/58 | €38,500 | €27,434 | €19,580 | €25,844 | €25,476 | €26,199 | €36,932 | €57,711 | ▲ 56.3% |
| Amounts receivable after more than one year29 | - | - | - | €9,600 | €9,600 | €9,600 | €7,200 | €6,000 | ▼ 16.7% |
| Trade receivables290 | - | - | - | €9,600 | €9,600 | €9,600 | €7,200 | €6,000 | ▼ 16.7% |
| Stocks and contracts in progress3 | - | - | - | - | - | €748 | €1,484 | €1,727 | ▲ 16.4% |
| Stocks30/36 | - | - | - | - | - | €748 | €1,484 | €1,727 | ▲ 16.4% |
| Amounts receivable within one year40/41 | €38,500 | €14,210 | €7,887 | €12,475 | €8,094 | €5,302 | €24,488 | €41,401 | ▲ 69.1% |
| Trade receivables40 | - | - | - | €11,791 | €7,410 | €4,294 | €24,128 | €41,128 | ▲ 70.5% |
| Other amounts receivable41 | - | - | - | €684 | €684 | €1,008 | €360 | €273 | ▼ 24.2% |
| Cash at bank and in hand54/58 | - | €13,224 | €893 | €3,769 | €7,782 | €10,549 | €3,562 | €8,385 | ▲ 135% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €198 | €198 | = |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €38,500 | €27,434 | €19,580 | €25,844 | €26,538 | €27,414 | €46,726 | €65,896 | ▲ 41.0% |
| Equity10/15 | €22,474 | €24,103 | €18,686 | €17,662 | €17,765 | €17,812 | €10,247 | €8,329 | ▼ 18.7% |
| Contributions10/11 | €7,200 | €7,200 | €7,200 | €7,200 | €7,200 | €5,000 | €5,000 | €5,000 | = |
| Capital10 | - | - | - | €7,200 | - | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | - | - | - | - | - |
| Uncalled capital101 | - | - | - | €11,400 | - | - | - | - | - |
| Reserves13 | €15,274 | €16,903 | €11,486 | €10,462 | €10,565 | €12,765 | €5,247 | €5,247 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | €5,247 | €5,247 | = |
| Legal reserve130 | - | - | - | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | - | - | - | - |
| Other1319 | - | - | - | - | - | - | €5,247 | €5,247 | = |
| Distributable reserves133 | - | - | - | €8,602 | €8,705 | €12,765 | - | - | - |
| Profit (loss) carried forward14 | - | - | - | - | - | €47 | - | -€1,919 | - |
| Amounts payable17/49 | €16,026 | €3,331 | €894 | €8,182 | €8,773 | €9,602 | €36,479 | €57,568 | ▲ 57.8% |
| Amounts payable within one year42/48 | €16,026 | €3,331 | €894 | €8,182 | €8,773 | €9,602 | €36,479 | €57,568 | ▲ 57.8% |
| Trade debts44 | €4,585 | €2,329 | - | €5,891 | €1,907 | €5,249 | €23,334 | €11,977 | ▼ 48.7% |
| Suppliers440/4 | - | - | - | €5,891 | €1,907 | €5,249 | €23,334 | €11,977 | ▼ 48.7% |
| Advances received on contracts in progress46 | - | - | - | - | €3,824 | €2,593 | €8,328 | €32,500 | ▲ 290% |
| Taxes, remuneration and social security45 | - | - | - | €2,267 | €976 | €1,711 | €4,817 | €12,635 | ▲ 162% |
| Taxes450/3 | - | - | - | €2,267 | €976 | €1,711 | €2,487 | €12,635 | ▲ 408% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €2,330 | - | - |
| Other amounts payable47/48 | - | - | - | €24 | €2,067 | €48 | - | €456 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,015 | €1,629 | -€5,417 | -€1,024 | €103 | €47 | -€7,564 | -€1,919 | ▲ 74.6% |
| + Depreciation and write-downs630 | - | - | - | - | €161 | €408 | €1,477 | €2,258 | ▲ 52.9% |
| Operating cash flow (approximation) | €8,015 | €1,629 | -€5,417 | -€1,024 | €264 | €455 | -€6,088 | €339 | - |
| Investment in fixed assets (approximation) | - | - | - | - | - | -€560 | -€10,056 | -€650 | ▲ 93.5% |
| Change in cash | - | - | -€12,331 | €2,876 | €4,013 | €2,767 | -€6,986 | €4,823 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-09-2026 | 2026-00533117 |
| 31-12-2024 | micro format | 22-08-2025 | 2025-00393146 |
| 31-12-2023 | micro format | 31-07-2024 | 2024-00308769 |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00254072 |
| 31-12-2021 | micro format | 09-08-2022 | 2022-20277855 |
| 31-12-2020 | micro format | 05-10-2021 | 2021-71200185 |
| 31-12-2019 | micro format | 27-11-2020 | 2020-72800266 |
| 31-12-2018 | micro format | 17-09-2019 | 2019-64600059 |
| 31-12-2017 | full format | 03-11-2018 | 2018-71500414 |
| 31-12-2016 | full format | 03-11-2018 | 2018-71500413 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Stéphanie Lamon |
|
Owners and capital
Capital and shareholders
- 20-12-2023 Converted to unavailable equity · €9,060
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-12
Gazette deed
Appointment: LAMON Stéphanie Michèle Nathalie (director)Resignation: LAMON Stéphanie Michèle Nathalie (manager) · Purpose change · Amendment of the articles12 facts ▸
- General meeting, 23-11-2023
- Other provision, 30-11-2023
- Purpose change
- Amendment of the articles (2 times)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “réserve légale” (deed in French)
- Reserve release, “conformément aux formes et majorités de la modification des statuts, compte de capitaux propres statutairement indisponible créé en application de l’article 39…” (deed in French)
- Capital
- Director appointment, LAMON Stéphanie Michèle Nathalie (director (not named in the articles))
- Director resignation, LAMON Stéphanie Michèle Nathalie (manager)
- Other provision, “décharge aux gérants démissionnaires, prochaine assemblée générale annuelle” (deed in French)
- Registered office clause, “Rue Saint-Bernard 79 boîte 10,1060 Bruxelles Saint-Gilles” (deed in French)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21013B0052/00C003 | Brussels | 385 m² | 1 · 364 m² | 25.5 m · 7 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TWO FOR ONE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bruxelles-Capitale, établir par simple décision sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, personnes physiques ou morales,actionnaires ou non” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 20:00