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TWOONEFOUR

Active
Private limited companyfounded 2024active for 2 yearsNijvelsesteenweg 693, 1500 Halle, BelgiumKBO/BCE: BE 1007.881.864
Summary

TWOONEFOUR has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43,160 and a net result of €40,160. Its solvency ranks better than 80% of 2,573 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€43,160
Total assets
€55,766
Net result
€40,160
Working capital
€38,519

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €55,766
Fixed assets €4,641
Current assets €51,125
Equity and liabilities €55,766
Equity €43,160
Debt €12,606
Debt finances 22.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€70,178
Cash flow
€55,847
Current ratio
4.06
Debt to equity
0.29
ROE
93.0%
ROA
72.0%
Interest coverage
over 100
Debt ≤ 1 year
€12,606
Income taxes
€14,000

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€55,766
Fixed assets21/28€4,641
Tangible fixed assets22/27€4,580
Plant, machinery and equipment23€457
Furniture and vehicles24€4,123
Financial fixed assets28€62
Current assets29/58€51,125
Amounts receivable within one year40/41€5,837
Trade receivables40€5,837
Cash at bank and in hand54/58€42,354
Deferred charges and accrued income490/1€2,933
Equity and liabilities
Total equity and liabilities10/49€55,766
Equity10/15€43,160
Contributions10/11€3,000
Profit (loss) carried forward14€40,160
Amounts payable17/49€12,606
Amounts payable within one year42/48€12,606
Trade debts44€436
Suppliers440/4€436
Taxes, remuneration and social security45€9,871
Taxes450/3€7,621
Remuneration and social security454/9€2,250
Other amounts payable47/48€2,299
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,687
Other operating charges640/8€2,105
Gross operating margin9900€72,283
Operating profit (loss)9901€54,491
Financial charges65/66B€331
Recurring financial charges65€331
Profit (loss) for the period before taxes9903€54,160
Income taxes67/77€14,000
Profit (loss) for the period9904€40,160
Profit (loss) for the period to be appropriated9905€40,160
Appropriation of the result
Profit (loss) to be appropriated9906€40,160

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,687
Other operating charges640/8€2,105
Gross operating margin9900€72,283
Operating profit (loss)9901€54,491
Financial charges65/66B€331
Recurring financial charges65€331
Profit (loss) for the period before taxes9903€54,160
Income taxes67/77€14,000
Profit (loss) for the period9904€40,160
Profit (loss) for the period to be appropriated9905€40,160
Line2025
Assets
Total assets20/58€55,766
Fixed assets21/28€4,641
Tangible fixed assets22/27€4,580
Plant, machinery and equipment23€457
Furniture and vehicles24€4,123
Financial fixed assets28€62
Current assets29/58€51,125
Amounts receivable within one year40/41€5,837
Trade receivables40€5,837
Cash at bank and in hand54/58€42,354
Deferred charges and accrued income490/1€2,933
Equity and liabilities
Total equity and liabilities10/49€55,766
Equity10/15€43,160
Contributions10/11€3,000
Profit (loss) carried forward14€40,160
Amounts payable17/49€12,606
Amounts payable within one year42/48€12,606
Trade debts44€436
Suppliers440/4€436
Taxes, remuneration and social security45€9,871
Taxes450/3€7,621
Remuneration and social security454/9€2,250
Other amounts payable47/48€2,299
Line2025
Profit (loss) for the period9904€40,160
+ Depreciation and write-downs630€15,687
Operating cash flow (approximation)€55,847

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-07-2026 2026-00343439

Similar companies · same sector, comparable size

Of the 292 active companies whose main activity is education (NACE 85532), figures are known for 83. 62 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.