TwoB
ActiveSummary
The computed 12-month bankruptcy probability of TwoB is 5.6% (elevated). The 2025 annual accounts show equity of €118k and a net result of €14k. Equity is growing by ~37.9% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-3
Solvency34▲+1
Growth52=
Track record94
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.03 against 0.05 in 2024; short-term debt: 64% and cash: 0.5% of total assets), and 91.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.8%
Return on assets
1%
Age of the figures
12 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
29 d late
2024
15 d late
2023
100 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€247k▼ 5.6%
2024 · €261k
2023: €343k
2024: €261k
2023 → 2025
EBIT margin
16.4%▼ 12.1pp
2024 · 28.5%
2023: 2.1%
2024: 28.5%
2023 → 2025
Net result
€14k▼ 78.4%
2024 · €65k
2023: €-11k
2024: €65k
2023 → 2025
Working capital
€-831k▼ 9.3%
2024 · €-761k
2023: €-673k
2024: €-761k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€343k-€261k▼ 23.9%€247k▼ 5.6%
Equity€39k-€104k▲ 166%€118k▲ 13.5%
Operating result€7k-€75k▲ 947%€41k▼ 45.6%
Net result€-11k-€65k€14k▼ 78.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€1.32M ▲ 1.1%
Current assets
€30k ▼ 19.4%
Equity and liabilities €1.35M
Equity
€118k ▲ 13.5%
Debt
€1.23M ▼ 0.5%
Debt's share of the balance-sheet total falls from 92.2% to 91.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€174k▼
2024 · €180k
Cash flow
€148k▼
2024 · €171k
Current ratio
0.03▼
2024 · 0.05
Debt to equity
10.36▼
2024 · 11.81
ROE
11.9%▼
2024 · 62.3%
ROA
1.0%▼
2024 · 4.9%
Interest coverage
18.05▼
2024 · 18.99
Debt ≤ 1 year
€861k▲
2024 · €797k
Debt > 1 year
€366k▼
2024 · €436k
Income taxes
€17k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.34M€1.35M▲
Fixed assets21/28€1.30M€1.32M▲
Intangible fixed assets21€127k€160k▲
Tangible fixed assets22/27€1.17M€1.16M▼
Land and buildings22€1.17M€1.15M▼
Plant, machinery and equipment23€1k€990▼
Furniture and vehicles24€6k€7k▲
Financial fixed assets28€100€100=
Current assets29/58€37k€30k▼
Amounts receivable within one year40/41€12k€14k▲
Trade receivables40-€100
Other amounts receivable41€12k€14k▲
Cash at bank and in hand54/58€16k€7k▼
Deferred charges and accrued income490/1€9k€8k▼
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.35M▲
Equity10/15€104k€118k▲
Contributions10/11€50k€50k=
Profit (loss) carried forward14€54k€68k▲
Amounts payable17/49€1.23M€1.23M▼
Amounts payable after more than one year17€436k€366k▼
Financial debts170/4€436k€366k▼
Amounts payable within one year42/48€797k€861k▲
Current portion of amounts payable after more than one year42€847€137k▲
Financial debts43€130k-
Credit institutions430/8€130k-
Trade debts44€66k€65k▼
Suppliers440/4€66k€65k▼
Other amounts payable47/48€601k€659k▲
Income statement
Code20242025
Turnover70€261k€247k▼
Goods, raw materials, services and sundry goods60/61€76k€67k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€134k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€185k€179k▼
Operating profit (loss)9901€75k€41k▼
Financial income75/76B€51-
Recurring financial income75€51-
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€65k€31k▼
Income taxes67/77-€17k
Profit (loss) for the period9904€65k€14k▼
Profit (loss) for the period to be appropriated9905€65k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€68k▲
Profit (loss) brought forward from the previous period14P€-11k€54k▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 15 days late
2024
30-09
Financial
Back to profitnet €65k
Net result €65k after one loss-making year.
30-09
Financial
Equity above €100kEq €104k ▲166%
Equity rises from €39k to €104k.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 100 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Jachtlaan 133/1351040 EtterbeekGround area
3,050 m²
Building footprint
398 m²
Volume, LiDAR
3,288 m³
2 parcels, Brussels, Wallonia · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Jachtlaan 133/135, 1040 Etterbeek
since 20212.327.458.976
Avenue de la Corniche 74, 1310 La Hulpe
since 20212.327.569.636
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050F0015/00R013 | Wallonia | 2,975 m² | 1 · 335 m² | 10.2 m · 2 fl. |
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2021
Fiscal year end30-09
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.