TwoFifty
ActiveSummary
TwoFifty has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €315,870. Equity has been growing by about 17% per year since 2021. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-08-2021 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.322.275.119 3040 Huldenberg, since 30-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 21-11-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €545,513
- ▲ 4.8%
- Turnover
- ≈ €1.1m
- estimated
- Profit
- €315,870
- ▲ 2.5%
- Equity
- €2.4m
- ▲ 15.1%
- Total assets
- €2.4m
- ▲ 16.4%
Score breakdownraises riskFounded in 2021lowers riskSize: total assets €2.4mNo main activity registeredFigures for financial year 2025 (filed on 03-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 (no NACE code, small). It does better than 82% of them on solvency, 77% on liquidity, 92% on profitability and 81% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 5 accounts on average 17 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 03-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is 6% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €75,473 | €75,473 | €74,943 | €74,678 | €74,678 | = |
| Other operating charges640/8 | €1,113 | €29,018 | €32,382 | €33,790 | €34,785 | ▲ 2.9% |
| Gross operating margin9900 | €411,364 | €461,782 | €475,491 | €520,302 | €545,513 | ▲ 4.8% |
| Operating profit (loss)9901 | €334,778 | €357,291 | €368,167 | €411,834 | €436,050 | ▲ 5.9% |
| Financial income75/76B | €3,896 | €3,899 | €23,560 | €34,804 | €28,301 | ▼ 18.7% |
| Recurring financial income75 | €3,896 | €3,899 | €23,560 | €34,804 | €28,301 | ▼ 18.7% |
| Financial charges65/66B | €2,816 | €92 | €158 | €276 | €305 | ▲ 10.5% |
| Recurring financial charges65 | €2,816 | €92 | €158 | €276 | €305 | ▲ 10.5% |
| Profit (loss) for the period before taxes9903 | €335,859 | €361,098 | €391,568 | €446,362 | €464,046 | ▲ 4.0% |
| Transfer from deferred taxes780 | €3,830 | €3,830 | €3,497 | €2,531 | €1,926 | ▼ 23.9% |
| Income taxes67/77 | €114,599 | €118,274 | €123,055 | €140,701 | €150,103 | ▲ 6.7% |
| Profit (loss) for the period9904 | €225,089 | €246,655 | €272,011 | €308,193 | €315,870 | ▲ 2.5% |
| Transfer from tax-exempt reserves789 | €7,594 | €7,594 | €7,594 | €7,594 | €5,779 | ▼ 23.9% |
| Profit (loss) for the period to be appropriated9905 | €232,683 | €254,249 | €279,605 | €315,787 | €321,649 | ▲ 1.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.6m | €1.8m | €2.1m | €2.4m | ▲ 16.4% |
| Fixed assets21/28 | €1.0m | €0.9m | €0.8m | €0.8m | €0.7m | ▼ 9.6% |
| Tangible fixed assets22/27 | €1.0m | €0.9m | €0.8m | €0.8m | €0.7m | ▼ 9.6% |
| Land and buildings22 | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | ▼ 4.7% |
| Plant, machinery and equipment23 | €0.2m | €0.2m | €0.1m | €0.09m | €0.05m | ▼ 47.8% |
| Current assets29/58 | €0.4m | €0.7m | €1.0m | €1.3m | €1.7m | ▲ 31.6% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.03m | €0.007m | €0.03m | ▲ 336% |
| Trade receivables40 | - | €0.03m | €0.03m | €0.007m | €0.01m | ▲ 50.5% |
| Other amounts receivable41 | €0.2m | €0.08m | €0 | - | €0.02m | - |
| Current investments50/53 | - | - | €0.8m | €1.3m | €1.6m | ▲ 24.0% |
| Cash at bank and in hand54/58 | €0.2m | €0.6m | €0.2m | €0.06m | €0.1m | ▲ 133% |
| Deferred charges and accrued income490/1 | - | €493 | €0.005m | €0.01m | €0.03m | ▲ 172% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.6m | €1.8m | €2.1m | €2.4m | ▲ 16.4% |
| Equity10/15 | €1.3m | €1.5m | €1.8m | €2.1m | €2.4m | ▲ 15.1% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.4m | €0.6m | €0.9m | €1.2m | €2.2m | ▲ 80.8% |
| Tax-exempt reserves132 | €0.03m | €0.02m | €0.01m | €0.006m | €0 | ▼ 100% |
| Distributable reserves133 | €0.4m | €0.6m | €0.9m | €1.2m | €2.2m | ▲ 81.6% |
| Profit (loss) carried forward14 | €0.7m | €0.7m | €0.7m | €0.7m | €0 | ▼ 100% |
| Investment grants15 | €0.007m | €0.003m | €0 | - | - | - |
| Provisions and deferred taxes16 | €0.01m | €0.008m | €0.004m | €0.002m | €0 | ▼ 100% |
| Deferred taxes168 | €0.01m | €0.008m | €0.004m | €0.002m | €0 | ▼ 100% |
| Amounts payable17/49 | €0.1m | €0.1m | €0.04m | €0.006m | €0.04m | ▲ 493% |
| Amounts payable within one year42/48 | €0.1m | €0.1m | €0.03m | €259 | €0.03m | ▲ 122× |
| Taxes, remuneration and social security45 | €0.1m | €0.1m | €0.03m | €259 | €0.03m | ▲ 122× |
| Taxes450/3 | €0.1m | €0.1m | €0.03m | €259 | €0.03m | ▲ 122× |
| Other amounts payable47/48 | - | €0.005m | €0 | - | - | - |
| Accrued charges and deferred income492/3 | €0.003m | €0.003m | €0.003m | €0.006m | €0.005m | ▼ 9.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €225,089 | €246,655 | €272,011 | €308,193 | €315,870 | ▲ 2.5% |
| + Depreciation and write-downs630 | €75,473 | €75,473 | €74,943 | €74,678 | €74,678 | = |
| Operating cash flow (approximation) | €300,562 | €322,127 | €346,953 | €382,870 | €390,548 | ▲ 2.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €384,402 | -€406,334 | -€131,248 | €77,628 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,782 companies had the same profile as TwoFifty has now. Two years later, 96.7% were still going and 0.6% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of TwoFifty itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,782 companies, not a prediction for TwoFifty. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-07-2026 | 2026-00245282 | |
| 31-12-2024 | micro format | 07-07-2025 | 2025-00242783 | |
| 31-12-2023 | micro format | 22-07-2024 | 2024-00271296 | |
| 31-12-2022 | micro format | 18-07-2023 | 2023-00248405 | |
| 31-12-2021 | micro format | 18-07-2022 | 2022-20204511 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Van Aerden Benoît |
|
| Van Aerden Frédéric |
|
Network & group
TwoFifty shares no director with another company.
Companies at the same address
5 other companies- DELTIERRA Registered office · since 23-12-2022Founded in 2022 0795.360.903
- Fremara Registered office · since 20-12-2022Founded in 2022 0797.393.646
- EPISTONE Registered office · since 05-12-2019Founded in 2019 · total assets €499,633 (2025) · negative equity 0738.754.572
- FREDERIC VAN AERDEN Registered office · since 21-03-2011Founded in 2011 · total assets €435,846 (2025) 0834.750.920
- EPIPHRON Registered office · since 17-12-2010Founded in 2010 · total assets €37.1m (2025) 0831.988.992
Connections & network
2 current directorsThe network starts from the directors of TwoFifty. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24045B0546/00F000 | Flanders | 2,395 m² | 1 · 959 m² | 13.2 m · 3 |