TWO TIMES TWO
The computed 12-month bankruptcy probability of TWO TIMES TWO is 1.0% (low). The 2024 annual accounts show equity of €155k and a net result of €-56k. Its solvency ranks better than 44% of 4927 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €155k |
| Net result | €-56k |
| Better than sector | 44% |
| Active | 3 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 10.3% | 16.7% | |
| Net result | €-56k | €2k | |
| Equity | €155k | €27k | |
| Gross operating margin | €-5k | €27k | |
| Total assets | €1.50M | €302k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-56k |
| Cash flow | €-56k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.50M |
| Equity | €155k |
| Debt | €1.35M |
| of which ≤ 1y | €1.34M |
| of which > 1y | - |
| Working capital | €165k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 0.04 |
| Working capital ratio | 11.0% |
| Solvency | 10.3% |
| Debt / equity | 8.70 |
| Long-term debt ratio | - |
| Interest coverage | -0.11 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.7% |
| ROE | -36.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.50M |
| Current assets | 29/58 | €1.50M |
| Stocks & contracts in progress | 3 | €1.45M |
| Cash & bank | 54/58 | €51k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.50M |
| Equity | 10/15 | €155k |
| Contributions / capital | 10/11 | €250k |
| Accumulated profits (losses) | 14 | €-95k |
| Amounts payable | 17/49 | €1.35M |
| Amounts payable within one year | 42/48 | €1.34M |
| Trade debts payable within one year | 44 | €111k |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-5k |
| Financial charges | 65 | €51k |
| Result before taxes | 9903 | €-56k |
| Net result for the period | 9904 | €-56k |
| Result to be appropriated | 9905 | €-56k |
| NACE primary | Real estate activities(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 19-10-2022 |
| Status | Active |
| Postal code | 8300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0124/00A002 | Flanders | 1,480 m² | 1 · 843 m² | 3.2 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | TWO TIMES TWO |