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Vlaanderen Twee

Active
Public limited companyfounded 2000active for 26 yearsKatwilgweg 2, 2050 Antwerpen, Belgium22 active companies are registered at this addressKBO/BCE: BE 0470.302.619
Summary

The computed 12-month bankruptcy probability of Vlaanderen Twee is 3.0% (moderate). The 2025 annual accounts show negative equity (-€739,695) and a net result of -€764,204. Equity is shrinking by about 35% per year across the filed financial years. Its solvency ranks better than 7% of 1,668 sector peers (NACE 62, financial year 2025). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other information technology and computer services
NACE 62900Programming, broadcasting, news agency and other content distribution activities NACE 60100
1 site
Size
€453,763total assets 2025
Staff
1 FTE
Equity
-€739,695
Loss
-€764,204
Equity +92%: capital increase
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Structure
Parent
MEDIAHUIS · 100%
Board
4 members
Auditor: KPMG Bedrijfsrevisoren BVAccounts 8 days early
Why 49raises riskLoss of €764,204, the second in a row (financial year 2025)Negative equity -€739,6951 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 62, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -163.0% of total assets
Liquidity 12+10
short-term debt 262.3% · cash 9.6%
Profitability 0=
return on assets -168.4%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,863 companies, NACE 62, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.1 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 1.9%▼ -0.1 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025lowest value 07-2025: 2.0%▲ +0.1 percentage points vs 06-2025 08-2025: 2.3%▲ +0.3 percentage points vs 07-2025 09-2025: 3.6%▲ +1.3 percentage points vs 08-2025highest value 10-2025: 3.6%● unchanged vs 09-2025highest value 11-2025: 3.6%● unchanged vs 10-2025highest value 12-2025: 3.6%● unchanged vs 11-2025highest value 01-2026: 3.6%● unchanged vs 12-2025highest value 02-2026: 3.6%● unchanged vs 01-2026highest value 03-2026: 3.4%▼ -0.2 percentage points vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 3.2%▼ -0.2 percentage points vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 3.0%▼ -0.1 percentage points vs 07-2026 09-2026: 3.0%● unchanged vs 08-2026 10-2026: 3.0%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.38, compared with 0.05 in 2024, below 1; short-term debt: 262.3% and cash: 9.6% of total assets), and equity is negative.
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 62, micro): better than 3% on solvency, 5% on liquidity, 5% on profitability and 88% on growth.

The bankruptcy probability was computed on 15-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €764,204, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€739,695
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€739,695
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
17 days early
2023
20 days early
2022
13 days early
2021
17 days early
2020
23 days early
2019
48 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
16-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: De Besloten vennootschap Steven Allcock…Reappointments: De Besloten vennootschap Steven…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Permanent representatives: Frederic Poesen and Dave…Gazette deed

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€739,695 View
  • Risk: 8 loss-making years in a rowloss financial year 2025 -€764,204 View
  • Caution: Among the weakest 5% on equitysector median €432,608 · 1,667 companies -€739,695 View
  • Positive: Equity rose in 2025capital increase ▲ 92.0% View
  • Controlled by MEDIAHUISultimately: Capstone Partners 100% View
  • New directorslatest change 15-05-2026 · 4 in office 2 joined View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View

By topic

Financials

Financial year
2025
Total assets
€453,763
Loss
-€764,204
Solvency
-163.0%
Turnover▲ 13.2%
Net result
20182021
Go to Financials

Board & ownership

Board
4 members
Parent
MEDIAHUIS · 100%
Auditor
KPMG Bedrijfsrevisoren BV
  • Philippe DE BOUNGNEDirector
  • ZENOFIDirector
  • STEVEN ALLCOCKDirector
  • YSEBAERT Gert Jozef KarelDirector
Go to Board & ownership

Timeline

Events
53
Since
2001
Next accounts
by 31-07-2027
  1. 19-08-2025Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)
  2. 05-08-2025Registered office · Capital & shares ·…
  3. 14-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other information technology and computer servicesNACE 62900
Founded
01-02-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Purpose
“Het verzorgen van radioprogramma's, alsook het verrichten van alle activiteiten die…” (deed in Dutch)
Go to Articles of association

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