TWOONEFOUR
ActiveSummary
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 2,592 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €43,160
- Profit
- €40,160
Why 98raises riskFounded in 2024lowers riskSector: Education (NACE 85)Liquidity: current ratio 4.06, cash €42,354Equity €43,160 (77.4% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (NACE 85, micro): better than 88% on solvency, 84% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: Beulen Serge Michel Antoon…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf 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
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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
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.
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| 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.
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
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Beulen Serge Michel Antoon |
|
Owners and capital
Capital and shareholders
- Beulen Serge Michel Antoon 1,000 shares (100%) · €3,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 04-04-2024 Incorporation · €3,000 · 1,000 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-04
Gazette deed
IncorporationAppointment: Beulen Serge Michel Antoon (director) · Founding capital · Bank account10 facts ▸
- Incorporation, “TWOONEFOUR” (deed in Dutch)
- Founding capital, €3,000
- Bank account, 3000, EUR
- Other provision, “financieel plan en oprichtersaansprakelijkheid, aansprakelijkheid van oprichter bij faillissement binnen drie jaar na verkrijging rechtspersoonlijkheid indien a…” (deed in Dutch)
- Other provision, “bevestiging deponering”, 3000 (deed in Dutch)
- Registered office clause, “1500 Halle,Nijvelsesteenweg 693” (deed in Dutch)
- Board rule, 1
- Director appointment, Beulen Serge Michel Antoon (director)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten door comparant in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Founder, Beulen Serge Michel Antoon (comparant/oprichter)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23412K0185/00E004 | Flanders | 147 m² | 1 · 81 m² | 11.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TWOONEFOUR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid” (deed in Dutch)“Bestuursbevoegdheid, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste van overdrager en andere helft ten laste van koper(s) naar evenredigheid bij meerdere…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “In geld, zelfde wijze tot uitgifte volledig geplaatst of geen aandeelhouder nog gebruik maakt” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of June at 11:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar benoemd” (deed in Dutch)