Financials
- Financial year
- 2023
- Total assets
- €30,659
- Profit
- €7,320
- Solvency
- -104.7%
Total assets▲ 55.3%
Net result
20192023
TWO MINUTES
ActiveSummary
The computed 12-month bankruptcy probability of TWO MINUTES is 2.9% (moderate). For TWO MINUTES, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€32,091) and a net result of €7,320. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 8% of 2,272 sector peers (NACE 85, financial year 2023). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Other education
NACE 85599
1 site
Size
€30,659total assets 2023
- Equity
- -€32,091
- Profit
- €7,320
Turnover not published (micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 2.9%
2023 figures too old to score
Structure
Accounts 530 days overdue0 of 1 deed read
Signalsraises riskFigures for financial year 2023 (filed 05-08-2024)2 financial years not filed after the legal deadline; latest accounts 91 days late; 1 of the last 3 lateTwo or more financial years not filedFiled more than 90 days latelowers riskSector: Education (NACE 85)Liquidity: current ratio 0.34, cash €11,654Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency
0=
equity -104.7% of total assets
Liquidity
48=
short-term debt 201.1% · cash 38.0%
Profitability
99-1
return on assets 23.9%
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%lowest value
12-2024: 0.3%● unchanged vs 11-2024
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.1 percentage points vs 07-2025
09-2025: 0.7%▲ +0.2 percentage points vs 08-2025
10-2025: 1.6%▲ +0.9 percentage points vs 09-2025
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 1.7%▲ +0.1 percentage points vs 11-2025
01-2026: 1.6%▼ -0.1 percentage points vs 12-2025
02-2026: 1.6%● unchanged vs 01-2026
03-2026: 1.6%● unchanged vs 02-2026
04-2026: 1.6%● unchanged vs 03-2026
05-2026: 2.4%▲ +0.8 percentage points vs 04-2026
06-2026: 2.4%● unchanged vs 05-2026
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 2.4%● unchanged vs 07-2026
09-2026: 2.9%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 2.9%● unchanged vs 09-2026highest value
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Signals
Six signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 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 · 10 filingsPosition against the passed deadline
30-09-2024 year end30-04-2025 deadline12-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-07-2024, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
91 days late
2022
2 days early
2021
30 days early
2020
30 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 6 days after the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
- Highest result from 2019 to 2023net €22,852 ▲140%
Key points
By topic
Timeline
- Events
- 18
- Since
- 2009
- 31-03-2022Annual accounts filed
- 30-09-2021Back to profit
- 31-03-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Other educationNACE 85599
- Founded
- 02-10-2007
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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