TWO IS ONE
Open bankruptcyA bankruptcy procedure is open for TWO IS ONE according to publications in the Belgian State Gazette; curator: VALèRE VEREECKE.
No longer registered with the KBO; last annual accounts for fiscal year 2023.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-06-2024, 47 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
47 d early
2022
3 d late
2021
18 d late
2020
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€30▼ 99.9%
2022 · €26k
2020: €22k
2021: €32k
2022: €26k
2020 → 2023
Total assets
€1k▼ 98.4%
2022 · €75k
2020: €90k
2021: €106k
2022: €75k
2020 → 2023
Net result
€-26k▼ 416%
2022 · €-5k
2020: €-55k
2021: €9k
2022: €-5k
2020 → 2023
Working capital
€30
2022 · €-3k
2020: €-60k
2021: €-28k
2022: €-3k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2020202120222023Trend
Equity€22k-€32k▲ 42.1%€26k▼ 16.2%€30▼ 99.9%
Operating result€-55k-€10k€-3k€-26k▼ 876%
Net result€-55k-€9k€-5k€-26k▼ 416%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2023 against €3k in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €1k
Equity
€30▼ 99.9%
Debt
€1k▼ 97.6%
The debt ratio rises from 64.7% to 97.5%. Equity and debt are lower.
Key figures and ratios
Debt
€1k▼
2022 · €49k
Debt ≤ 1 year
€1k▼
2022 · €49k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€75k€1k▼
Fixed assets21/28€30k-
Intangible fixed assets21€30k-
Current assets29/58€45k€1k▼
Amounts receivable within one year40/41€43k€1k▼
Trade receivables40€41k€466▼
Other amounts receivable41€2k€713▼
Cash at bank and in hand54/58€2k€1▼
Equity and liabilities
Total equity and liabilities10/49€75k€1k▼
Equity10/15€26k€30▼
Contributions10/11€77k€77k=
Profit (loss) carried forward14€-51k€-77k▼
Amounts payable17/49€49k€1k▼
Amounts payable within one year42/48€49k€1k▼
Current portion of amounts payable after more than one year42€12k-
Trade debts44€32k-
Suppliers440/4€32k-
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€1k€1k▲
Income statement
Code20222023
Remuneration, social security and pensions62€140-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k-
Other operating charges640/8€102€109▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€27k€-16k▼
Operating profit (loss)9901€-3k€-26k▼
Financial income75/76B€4k€1▼
Recurring financial income75€4k€1▼
Financial charges65/66B€6k€157▼
Recurring financial charges65€6k€157▼
Profit (loss) for the period before taxes9903€-5k€-26k▼
Profit (loss) for the period9904€-5k€-26k▼
Profit (loss) for the period to be appropriated9905€-5k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-77k▼
Profit (loss) brought forward from the previous period14P€-45k€-51k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TWO IS ONE BV ALFONS SCHNEIDERLAAN 337/1, 2100 DEURNE (ANTWERPEN) · event 24-04-2025
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VALèRE VEREECKE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
24-04-2025 → present |