TWO4MAIL

Inactive KBO/BCE: BE 0474.791.244

TWO4MAIL

Follow Report

Overview

Lifetime

14 annual accounts with figures on one time axis, 19 filings since 2002

Gross marginpeak €168,232 (2018)

€21,783▼ 78.3%

Resultlowest -€362,998 (2008)

€16,109▼ 82.0%

Equitypeak €186,057 (2007)

€132,373▲ 13.9%

Debts

€17,942▼ 92.8%

Staffpeak 14.3 FTE (2007)

-not published

Owners3 names in the annual accounts

91.7%Two4Two and 1 other

Documentsfilings and deeds

24-11-20206 days before the deadline

2020micro format

Gross margin from €100,518 to €21,783Result from €89,253 to €16,109Deed on restructuring and the end 20-11Equity from €116,263 to €132,373Debts from €247,914 to €17,942

Key points

from the 2020 annual accounts, the last ones filed

Result

€16,109 ▼ 82.0%

The result fell in 2020 from €89,253 to €16,109.

Liquidity

5.96 was 1.29 in 2019

Short-term debts fell from €247,914 to €17,942.

Filings

19 annual accounts since 2002

The last five annual accounts were filed 6 to 80 days before the end of the period.

No score

Recent changes

20-11-2020

Deed on restructuring and the end Gazette deed

23-05-2001

Incorporation 22 publications in the Belgian Official Gazette, the last on 20-11-2020 · Gazette deed

All 28 events

Official details

Source: KBO

Status: Inactivedeed of incorporation of 23-05-2001 · last publication under the heading End on 20-11-2020
Activity: No activity registered in the KBO
Financial year end: 30 April
Peppol: Not found in the Peppol Directory

Company details

Annual accounts to 30-04-2020

Gross margin: €21,783▼ 78.3%
Turnover: ≈ €170,000estimated
Profit: €16,109▼ 82.0%
Equity: €132,373▲ 13.9%
Total assets: €150,314▼ 58.7%
Filing: Filed on 24-11-2020

Financials

Insights on TWO4MAIL

Inactive. The last annual accounts are for financial year 2020.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 24-11-2020, 6 days before the deadline

Gross margin

€21,783

▼ 78.3%

Operating result

€16,776

▼ 81.6%

EBITDA

Cash flow

Solvency

88.1%

▲ 56.1 percentage points

Current ratio

5.96

▲ 4.66

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €76,000 and €400,000.

Money flows

no detail for 2020

Balance sheet

balance sheet total €150,314 on 30-04-2020

What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Staff

Staff cost per FTE

Staff costs divided by the average number of full-time equivalents.

Joined and left

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	150,314	364,178	393,871	370,546	359,777	350,962	344,990	293,995	231,967	157,366	166,486	230,399	732,776	2.9m
Fixed assets`21/28`	43,459	43,459	43,459	43,459	43,459	43,459	43,936	44,472	45,008	45,544	76,207	109,241	178,152	542,383
Intangible fixed assets`21`	-	-	-	-	-	-	-	-	-	-	-	-	-	53,049
Tangible fixed assets`22/27`	-	-	-	-	-	-	536	1,072	1,608	2,144	32,807	65,840	100,339	253,378
Plant, machinery and equipment`23`	-	-	-	-	-	-	536	1,072	1,608	-	-	-	-	21,036
Furniture and vehicles`24`	-	-	-	-	-	-	-	-	-	2,144	21	268	516	1,768
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	-	-	-	-	49,878
Financial fixed assets`28`	43,459	43,459	43,459	43,459	43,459	43,459	43,400	43,400	43,400	43,400	43,400	43,400	77,813	235,956
Current assets`29/58`	106,855	320,719	350,412	327,087	316,319	307,503	301,053	249,523	186,959	111,821	90,279	121,158	554,624	2.3m
Amounts receivable after more than one year`29`	-	266,709	301,909	300,209	291,694	288,450	295,500	245,500	175,000	-	-	-	-	-
Other amounts receivable`291`	-	266,709	301,909	300,209	291,694	288,450	295,500	245,500	175,000	-	-	-	-	-
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	42,092
Stocks`30/36`	-	-	-	-	-	-	-	-	-	-	-	-	-	42,092
Amounts receivable within one year`40/41`	106,315	51,245	45,925	24,605	24,449	18,453	3,728	2,274	1,171	108,240	86,426	117,338	540,346	938,213
Trade receivables`40`	36,966	51,245	45,925	24,503	23,898	18,453	-	-	51	41,003	3,947	28,041	125,742	570,849
Other amounts receivable`41`	69,349	-	-	102	551	-	3,728	2,274	1,120	67,237	82,479	89,297	414,605	367,364
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	540	-	-	-
Cash at bank and in hand`54/58`	541	740	722	267	176	600	119	138	9,384	2,456	2,162	3,000	10,162	38,089
Deferred charges and accrued income`490/1`	-	2,025	1,857	2,007	-	-	1,706	1,611	1,403	1,125	1,151	821	4,116	1.3m
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	150,314	364,178	393,871	370,546	359,777	350,962	344,990	293,995	231,967	157,366	166,486	230,399	732,776	2.9m
Equity`10/15`	132,373	116,263	27,010	-133,828	-137,197	-125,431	-181,001	-166,732	-158,746	-164,819	-168,043	-165,135	-163,121	186,057
Contributions`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Issued capital`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Reserves`13`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Legal reserve`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Profit (loss) carried forward`14`	64,173	48,063	-41,190	-202,028	-205,397	-193,631	-249,201	-234,932	-226,946	-233,019	-236,243	-233,335	-245,142	117,857
Investment grants`15`	-	-	-	-	-	-	-	-	-	-	-	-	13,820	-
Provisions and deferred taxes`16`	-	-	-	-	-	-	-	-	-	-	-	-	-	71,556
Provisions for liabilities and charges`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	71,556
Amounts payable`17/49`	17,942	247,914	366,860	504,374	496,975	476,393	525,990	460,728	390,713	322,185	334,529	395,534	895,898	2.6m
Amounts payable after more than one year`17`	-	-	-	-	-	-	-	-	-	-	13,041	43,018	71,221	120,761
Financial debts`170/4`	-	-	-	-	-	-	-	-	-	-	13,041	43,018	71,221	120,761
Amounts payable within one year`42/48`	17,942	247,914	366,860	504,374	496,975	476,393	525,990	460,728	390,697	322,185	321,488	352,516	824,649	2.5m
Current portion of amounts payable after more than one year`42`	-	-	-	-	-	-	-	-	-	-	29,978	28,203	49,540	136,651
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	283,629
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	31,665
Other loans`439`	-	-	-	-	-	-	-	-	-	-	-	-	-	251,964
Trade debts`44`	6,177	43,845	15,802	9,068	2,732	5,274	302	224	376	36,864	66,062	136,524	391,351	1.5m
Suppliers`440/4`	6,177	43,845	15,802	9,068	2,732	5,274	302	224	376	36,864	66,062	136,524	391,351	1.5m
Taxes, remuneration and social security`45`	415	12,381	26,820	268	274	13,496	5,945	-	93	93	880	2,993	1,942	210,522
Taxes`450/3`	131	12,381	26,793	157	165	11,744	5,945	-	-	93	325	2,457	1,400	26,398
Remuneration and social security`454/9`	283	-	27	111	110	1,753	-	-	93	-	555	536	543	184,125
Other amounts payable`47/48`	11,350	191,688	324,238	495,038	493,968	457,623	519,743	460,503	390,228	285,228	224,568	184,796	381,816	342,647
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	16	-	-	-	27	8
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	18,750	85,350	184,391	2.3m	5.9m
Non-recurring operating income`76A`	-	-	-	-	-	-	-	93	-	8,264	36	1,332	18,315	880,689
Gross operating margin`9900`	21,783	100,518	168,232	11,398	-5,056	76,460	-7,044	-6,657	7,389	4,221	44,949	77,490	-104,351	94,260
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	6,215	14,529	40,401	106,901	2.4m	5.8m
Remuneration, social security and pensions`62`	4,450	4,023	4,143	6,470	4,503	18,439	-	-	-17	3,235	3,879	3,853	241,949	638,512
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	-	-	-	-	-	536	536	536	536	557	33,034	36,212	77,474	125,651
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-61	-	-	-	-	-	-	240
Provisions for liabilities and charges: additions (uses and reversals)`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-71,556	71,556
Other operating charges`640/8`	558	5,418	2,154	1,093	1,182	1,182	6,207	437	437	942	3,416	5,228	6,552	6,588
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	1,542	-	10,570	2,690	12,353
Operating profit (loss)`9901`	16,776	91,077	161,935	3,835	-10,740	56,303	-13,727	-7,630	6,434	-512	4,621	32,197	-358,770	-748,286
Financial income`75/76B`	-	-	1	0	0	-	-	1	2	-	4	539	60,171	1,597
Recurring financial income`75`	-	-	1	0	0	-	-	1	2	-	4	539	60,171	1,597
Financial charges`65/66B`	535	1,690	753	309	861	568	541	450	364	2,987	7,530	11,691	80,025	98,985
Recurring financial charges`65`	535	1,690	753	309	861	568	541	450	364	2,987	7,530	11,691	80,025	98,985
Profit (loss) for the period before taxes`9903`	16,240	89,387	161,183	3,526	-11,600	55,736	-14,268	-7,986	6,073	3,224	-2,868	11,807	-362,998	22,661
Income taxes`67/77`	131	134	345	157	166	167	-	-	-	-	39	-	-	13,903
Profit (loss) for the period`9904`	16,109	89,253	160,839	3,369	-11,766	55,569	-14,268	-7,986	6,073	3,224	-2,908	11,807	-362,998	8,758
Profit (loss) for the period to be appropriated`9905`	16,109	89,253	160,839	3,369	-11,766	55,569	-14,268	-7,986	6,073	3,224	-2,908	11,807	-362,998	8,758
Appropriation of the result
Profit (loss) to be appropriated`9906`	64,173	48,063	-41,190	-202,028	-205,397	-193,631	-249,201	-234,932	-226,946	-233,019	-236,243	-233,335	-245,142	117,857
Social balance sheet
Average staff (FTE)`9087`	-	1	1	1	1	1.1	-	-	-	-	-	-	3.9	14.3
Hours worked`1013`	-	2	2	-	2	1,633	-	-	-	-	-	-	6,045	24,659
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2020 (PDF), filed on 24-11-2020.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-04-2020	micro format	24-11-2020	2020-71700114	PDF
30-04-2019	micro format	22-10-2019	2019-71000491	PDF
30-04-2018	micro format	11-09-2018	2018-62500387	PDF
30-04-2017	micro format	15-09-2017	2017-60900557	PDF
30-04-2016	full format	12-10-2016	2016-65500169	PDF
30-04-2015	full format	27-10-2015	2015-65600336	PDF
30-04-2014	full format	07-10-2014	2014-64100443	PDF
30-04-2013	full format	28-10-2013	2013-64100371	PDF
30-04-2012	full format	27-11-2012	2012-64700475	PDF
30-04-2011	full format	29-11-2011	2011-62000063	PDF
30-04-2010	full format	29-11-2010	2010-61800394	PDF
30-04-2009	full format	26-11-2009	2009-86400139	PDF
30-04-2008	full format	29-12-2008	2008-87500158	PDF
30-04-2007	full format	09-11-2007	2007-79800256	PDF
30-04-2006	full format	20-11-2006	2006-87800174	PDF
30-04-2005	full format	24-11-2005	2005-86805031	PDF
30-04-2004	full format	17-11-2004	2004-79500409	PDF
30-04-2003	full format	13-11-2003	2003-79001538	PDF
30-04-2002	full format	30-12-2002	2002-79700710	PDF

Key figures and ratios

per financial year, computed from the annual accounts

Line	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-	-	-	-	-	56,839	-13,191	-7,094	6,970	45	37,655	68,409	-281,296	-622,635
Cash flow	-	-	-	-	-	56,105	-13,732	-7,450	6,609	3,780	30,126	48,019	-285,525	134,409
Investment in fixed assets (approximation)	-	-	-	-	-	58	0	0	0	7,750	0	10,541	743	176,841
Change in cash	-199	19	455	91	-425	481	-19	-9,246	6,928	294	-837	-7,162	-27,926	-
Working capital	88,914	72,805	-16,449	-177,287	-180,656	-168,890	-224,937	-211,205	-203,739	-210,364	-231,209	-231,358	-270,025	-164,002
EBIT margin	-	-	-	-	-	-	-	-	-	-2.7%	5.4%	17.5%	-15.6%	-12.6%
Solvency	88.1%	31.9%	6.9%	-36.1%	-38.1%	-35.7%	-52.5%	-56.7%	-68.4%	-104.7%	-100.9%	-71.7%	-22.3%	6.5%
Current ratio	5.96	1.29	0.96	0.65	0.64	0.65	0.57	0.54	0.48	0.35	0.28	0.34	0.67	0.93
Quick ratio	5.96	1.29	0.96	0.65	0.64	0.65	0.57	0.54	0.48	0.35	0.28	0.34	0.67	0.92
Debt to equity	0.14	2.13	13.58	-	-	-	-	-	-	-	-	-	-	14.08
ROE	12.2%	76.8%	595.5%	-	-	-	-	-	-	-	-	-	-	4.7%
ROA	10.7%	24.5%	40.8%	0.9%	-3.3%	15.8%	-4.1%	-2.7%	2.6%	2.0%	-1.7%	5.1%	-49.5%	0.3%
Customer credit	-	-	-	-	-	-	-	-	-	798 days	17 days	56 days	20 days	35 days
Supplier credit	-	-	-	-	-	-	-	-	22 days	926 days	597 days	466 days	59 days	95 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on TWO4MAIL

The operating result for 2020 is 82% lower than in 2019 and the lowest since 2017. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 68.1% to 11.9%. Equity is higher and debt is lower.

Board & ownership

Control

Shareholder in 2022

Two4Two

91.7%

This company

TWO4MAIL

Equity €132,373

Profit €16,109 in 2020

Capital

Capital: €62,000
Source: 2020 annual accounts

Owners through the years

as the annual accounts name them

91.7%

8.3% until 2020

49.9% until 2010

Owners as a list

Source: lists of holdings in the owners' accounts

Office holders in the KBO →

Network & group

Holdings

own accounts to 30-04-2020, the bar shows equity in euros

This companyTWO4MAIL2 holdings, 1 country accounts to 30-04-2020

Belgium 2 Year Equity Result

BE PROVIDEO1%no longer active 2019€199,325 result -€1,762 (2019)
BE ETISOFT50% 2025-€137,236 result -€1,977 (2025)

Source: list of holdings in its own 30-04-2020 accounts. Every holding stands with its own latest accounts.

Holdings through the years

2007 to 2020

Holdings through the years
Name	2007	2011	2012
ETISOFT 2007 to 2010: 100% 2011 to 2020: 50%	100%	50%
PROVIDEO 2007 to 2011: 0.01% 2012 to 2020: 1%	0.01%		1%
THE MEDIA GROUP 2007: 37.14%	37.14%

Source: list of holdings in its own accounts

Connections & network

See the function holders in the KBO register.

Timeline

28 events since 2001

Filings

Financial

End

20052010201520202025

2020

24-11-2020

Annual accounts 2020 filed PDFmicro format · 6 days before the deadline

20-11-2020

Deed on restructuring and the end PDF

30-04-2020

Liquidity more than quadruples current ratio 5.96 The current ratio rises from 1.29 to 5.96. Short-term debt falls from €247,914 to €17,942.

2019

22-10-2019

Annual accounts 2019 filed PDFmicro format · 39 days before the deadline

2018

11-09-2018

Annual accounts 2018 filed PDFmicro format · 80 days before the deadline

30-04-2018

Highest result from 2007 to 2020 net €160,839 ▲4,674% The operating result of €161,935 and the net result of €160,839 are both a record.

2017

15-09-2017

Annual accounts 2017 filed PDFmicro format · 76 days before the deadline

30-04-2017

Back to profit net €3,369 The net result is €3,369, after one loss-making year.

2016

12-10-2016

Annual accounts 2016 filed PDFfull format · 49 days before the deadline

2015

27-10-2015

Annual accounts 2015 filed PDFfull format · 34 days before the deadline

30-04-2015

Back to profit net €55,569 The net result is €55,569, after 2 loss-making years.

2014

07-10-2014

Annual accounts 2014 filed PDFfull format · 54 days before the deadline

2013

28-10-2013

Annual accounts 2013 filed PDFfull format · 33 days before the deadline

2012

27-11-2012

Annual accounts 2012 filed PDFfull format · 3 days before the deadline

2011

29-11-2011

Annual accounts 2011 filed PDFfull format · 1 day before the deadline

30-04-2011

Back to profit net €3,224 The net result is €3,224, after one loss-making year.

2010

29-11-2010

Annual accounts 2010 filed PDFfull format · 1 day before the deadline

2009

26-11-2009

Annual accounts 2009 filed PDFfull format · 4 days before the deadline

30-04-2009

Back to profit net €11,807 The net result is €11,807, after one loss-making year.

2008

29-12-2008

Annual accounts 2008 filed PDFfull format · 29 days late

30-04-2008

Weakest financial year net -€362,998 The net result drops to -€362,998, the lowest from 2007 to 2020.

2007

09-11-2007

Annual accounts 2007 filed PDFfull format · 21 days before the deadline

2006

20-11-2006

Annual accounts 2006 filed PDFfull format · 10 days before the deadline

2005

24-11-2005

Annual accounts 2005 filed PDFfull format

2004

17-11-2004

Annual accounts 2004 filed PDFfull format

2003

13-11-2003

Annual accounts 2003 filed PDFfull format

2002

30-12-2002

Annual accounts 2002 filed PDFfull format

2001

23-05-2001

Incorporation 22 publications in the Belgian Official Gazette, the last on 20-11-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

Company details

Inactive

TWO4MAIL is no longer in the KBO register.

Last annual accounts: financial year to 30 April 2020
Last registered office: Rue Middelbourg 64B, 1170 Watermael-Boitsfortas published on 20 November 2020
Legal form: Public limited company
First annual accounts: financial year 2002

Official KBO record