ACTIVE

2XL

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Financial year 2025 · closed on 31/12/2025

Net result

-2 M €

-26.8% YoY

Revenue

148,7 M €

+1.5% YoY

Equity

754 k €

-73.1% YoY

Workforce

204,0 ETP

-6.7% YoY

What does 2XL do?

2XL is a Public limited company incorporated in 1993. Its main activity is: Support activities for transportation. Its registered office is in Brugge. It employs on average 204,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0449.424.358

Incorporation

17/02/1993

Legal form

Public limited company

Registered office

Baron de Maerelaan 155
8380 Brugge · FlandreSee on map

Contributed capital

90 655,44 €

Latest accounts

31/12/2025

Average workforce

204,0 ETP

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities 63401Information service activities 63405Information service activities

Joint committees (2)

Signals

Healthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007		2006
Income statement
Revenue	148,7 M €	+1.5%	146,6 M €	-1.5%	148,8 M €	+4.6%	142,2 M €	+27.7%	111,3 M €	+14.8%	97 M €	+1.9%	95,1 M €	-11.2%	107,2 M €	-0.4%	107,6 M €	+13.5%	94,8 M €	+2.9%	92,1 M €	+10.6%	83,2 M €	+11.2%	74,8 M €	+17.6%	63,6 M €	+2.7%	61,9 M €	+5.6%	58,6 M €	+11.5%	52,6 M €	-11.9%	59,7 M €	+2.2%	58,4 M €
EBITDA	-1,1 M €	-10729%	10,7 k €	-99.9%	15,4 M €	+56.6%	9,8 M €	+40.7%	7 M €	-22.4%	9 M €	-11.6%	10,2 M €	-2.6%	10,4 M €	+0.5%	10,4 M €	+58.5%	6,6 M €	+2.3%	6,4 M €	+7.4%	6 M €	-2.2%	6,1 M €	+8.6%	5,6 M €	+5.4%	5,3 M €	+21.6%	4,4 M €	-13.1%	5 M €	-14.7%	5,9 M €	+53.2%	3,9 M €
Operating result	-1,8 M €	-4.2%	-1,8 M €	-116%	10,9 M €	+79.9%	6,1 M €	+98.6%	3,1 M €	-29.6%	4,3 M €	-19.8%	5,4 M €	+18.4%	4,6 M €	+1.4%	4,5 M €	+177%	1,6 M €	-24.7%	2,2 M €	-10.0%	2,4 M €	-19.9%	3 M €	+28.5%	2,3 M €	+19.9%	2 M €	+17.9%	1,7 M €	-17.2%	2 M €	-23.9%	2,6 M €	+77.4%	1,5 M €
Net result	-2 M €	-26.8%	-1,6 M €	-121%	7,7 M €	+89.2%	4,1 M €	+110%	1,9 M €	-30.2%	2,8 M €	-10.7%	3,1 M €	+27.7%	2,4 M €	+14.9%	2,1 M €	+2908%	70,9 k €	-91.5%	836,4 k €	-14.5%	978,5 k €	-19.2%	1,2 M €	+26.9%	954,1 k €	+42.8%	668,3 k €	+97.0%	339,3 k €	-53.4%	727,7 k €	+18.9%	611,9 k €	+132%	263,3 k €
Balance sheet
Equity	754 k €	-73.1%	2,8 M €	-87.7%	22,7 M €	+3.4%	22 M €	+20.5%	18,2 M €	-0.9%	18,4 M €	+7.2%	17,2 M €	+32.1%	13 M €	+3.0%	12,6 M €	+20.2%	10,5 M €	-0.7%	10,6 M €	+7.9%	9,8 M €	+10.3%	8,9 M €	+14.8%	7,7 M €	+9.2%	7,1 M €	+8.8%	6,5 M €	-7.5%	7 M €	+24.0%	5,7 M €	+37.0%	4,1 M €
Total assets	29,3 M €	-27.0%	40,2 M €	-68.6%	128 M €	+16.1%	110,3 M €	+37.4%	80,2 M €	+29.0%	62,2 M €	-1.2%	62,9 M €	-9.2%	69,3 M €	-13.5%	80,2 M €	-5.9%	85,2 M €	+20.4%	70,8 M €	+16.7%	60,7 M €	+21.3%	50 M €	-0.8%	50,4 M €	-7.8%	54,7 M €	+8.0%	50,6 M €	+12.3%	45,1 M €	-1.7%	45,9 M €	+3.2%	44,5 M €
Cash	1,4 M €	-60.2%	3,6 M €	+134%	1,5 M €	+19.5%	1,3 M €	-8.1%	1,4 M €	+10.3%	1,3 M €	-35.6%	2 M €	+134%	844 k €	+17.6%	717,9 k €	-84.1%	4,5 M €	-24.1%	6 M €	-12.3%	6,8 M €	+498%	1,1 M €	-24.0%	1,5 M €	-68.8%	4,8 M €	+26.6%	3,8 M €	+104%	1,9 M €	+90.5%	972,5 k €	-57.7%	2,3 M €
Debts	28,1 M €	-24.3%	37 M €	-63.7%	102 M €	+16.2%	87,8 M €	+42.6%	61,5 M €	+42.3%	43,2 M €	-3.2%	44,7 M €	-19.7%	55,6 M €	-16.5%	66,6 M €	-9.6%	73,7 M €	+24.9%	59 M €	+19.2%	49,5 M €	+23.5%	40,1 M €	-4.3%	41,9 M €	-10.3%	46,7 M €	+7.5%	43,4 M €	+15.2%	37,7 M €	-5.7%	40 M €	+1.8%	39,3 M €
Other
Workforce	204,0 ETP	-6.7%	218,6 ETP	-2.1%	223,3 ETP	+3.4%	215,9 ETP	+4.2%	207,1 ETP	+4.0%	199,1 ETP	+3.2%	193,0 ETP	+62.3%	118,9 ETP	+15.4%	103,0 ETP	-2.1%	105,2 ETP	-5.6%	111,4 ETP	+16.0%	96,0 ETP	+21.8%	78,8 ETP	+18.1%	66,7 ETP	+1.8%	65,5 ETP	-16.5%	78,4 ETP	+22.9%	63,8 ETP	-14.0%	74,2 ETP	+14.9%	64,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 49 ended

Active mandates

ECS LOGISTICS GROUP

Managing director · since 06 octobre 2025 · until 12 juin 2029 · 0779.311.856

Represented by Richard de Haas

Active

CEAWIND

Director · since 05 juin 2023 · until 13 juin 2028 · 0801.929.385

Represented by Cédric Lanckriet

Active

Ended mandates

ARTURBO

Director · since 05 juin 2023 · until 09 juin 2026 · 0802.319.563

Represented by Hugo Donche

Ended

CEAWIND

Director · since 05 juin 2023 · until 09 juin 2026 · 0801.929.385

Represented by Cédric Lanckriet

Ended

ECS LOGISTICS GROUP

Managing director · since 05 juin 2023 · until 09 juin 2026 · 0779.311.856

Represented by Sven Pieters

Ended

ECS LOGISTICS GROUP

Managing director · since 05 juin 2023 · until 09 juin 2026 · 0779.311.856

Represented by Sven Pieters

Ended

At this address

Other companies at this address

Company	CBE no.
ECS corporate● Active	0832.890.302
ECS EUROPEAN CONTAINERS● Active	0435.131.508
ECS LOGISTICS GROUP● Active	0779.311.856
GROEP DE DIJK● Active	0837.492.456

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/05/2026	08/07/2025	25/06/2024	06/06/2023	28/06/2022	22/06/2021
General meeting	11/05/2026	30/06/2025	24/06/2024	05/06/2023	24/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	11/05/2026	28/05/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	08/07/2025	Dutch	PDF
Full model	31/12/2023	24/06/2024	25/06/2024	Dutch	PDF
Full model	31/12/2022	05/06/2023	06/06/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	28/06/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	23/06/2020	01/07/2020	Dutch	PDF
Full model	31/12/2018	25/06/2019	27/06/2019	Dutch	PDF
Full model	31/12/2017	12/06/2018	19/06/2018	Dutch	PDF
Full model	31/12/2016	18/05/2017	09/08/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	11/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	31/07/2014	Dutch	PDF
Full model	31/12/2012	20/06/2013	28/06/2013	Dutch	PDF
Consolidated accounts	31/12/2012	20/06/2013	28/06/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	11/07/2012	Dutch	PDF
Consolidated accounts	31/12/2011	21/06/2012	20/07/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	13/07/2011	Dutch	PDF
Full model	31/12/2009	17/06/2010	18/06/2010	Dutch	PDF
Full model	31/12/2008	12/03/2009	20/03/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	20/06/2008	Dutch	PDF
Full model	31/12/2006	21/06/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 49 ended

Active mandates

ECS LOGISTICS GROUP

Managing director · since 06 octobre 2025 · until 12 juin 2029 · 0779.311.856

Represented by Richard de Haas

Active

CEAWIND

Director · since 05 juin 2023 · until 13 juin 2028 · 0801.929.385

Represented by Cédric Lanckriet

Active

Ended mandates

ARTURBO

Director · since 05 juin 2023 · until 09 juin 2026 · 0802.319.563

Represented by Hugo Donche

Ended

CEAWIND

Director · since 05 juin 2023 · until 09 juin 2026 · 0801.929.385

Represented by Cédric Lanckriet

Ended

ECS LOGISTICS GROUP

Managing director · since 05 juin 2023 · until 09 juin 2026 · 0779.311.856

Represented by Sven Pieters

Ended

ECS LOGISTICS GROUP

Managing director · since 05 juin 2023 · until 09 juin 2026 · 0779.311.856

Represented by Sven Pieters

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other05/12/2025
DIVERSEN
PDF
Mandates25/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring27/11/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring22/11/2024
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Annual accounts08/07/2024
JAARREKENINGEN - DIVERSEN
PDF
Restructuring27/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

11/05/2026
reconductionBV Ceawind — bestuurder
2025
Annual accounts 2025-2 M €↓
06/10/2025
nominationRichard Cornelis Hendrik de Haas — vaste vertegenwoordiger van ECS Logistics Group BV
13/09/2025
nominationBart De Smet — vaste vertegenwoordiger van ECS Logistics Group BV
2024
Annual accounts 2024-1,6 M €↓
01/04/2024
splitECS CORPORATE
01/03/2024
splitECS Corporate
01/03/2024
reduction_capital
2023
Annual accounts 20237,7 M €↑
05/06/2023
nominationBV Ter Wind Invest — bestuurder
05/06/2023
nominationBV LVW INT — bestuurder
05/06/2023
nominationBV Ceawind — bestuurder
05/06/2023
nominationBV Arturbo — bestuurder
2022
Annual accounts 20224,1 M €↑
26/04/2022
nominationChrimarc — bestuurder
26/04/2022
nominationECS Corporate NV — gedelegeerd bestuurder
2021
Annual accounts 20211,9 M €↓
2020
Annual accounts 20202,8 M €↓
2019
Annual accounts 20193,1 M €↑
2018
Annual accounts 20182,4 M €↑
2017
Annual accounts 20172,1 M €↑
2016
Annual accounts 201670,9 k €↓
2015
Annual accounts 2015836,4 k €↓
2014
Annual accounts 2014978,5 k €↓
2013
Annual accounts 20131,2 M €↑
2012
Annual accounts 2012954,1 k €↑
2011
Annual accounts 2011668,3 k €↑
2010
Annual accounts 2010339,3 k €↓
2009
Annual accounts 2009727,7 k €↑
2007
Annual accounts 2007611,9 k €↑
2006
Annual accounts 2006263,3 k €
17/02/1993
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

2XL

Overview

What does 2XL do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline