NORMAL SITUATION

Page Two

Financial year 2025 · closed on 31/10/2025
Net result
-12,3 k €
-189.3% YoY
Gross margin
-12 k €
-159.5% YoY
Equity
274,6 k €
-4.3% YoY

Company — Normal situation.

What does Page Two do?

Page Two is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0453.752.340
Legal form
Private company with limited liability
Contributed capital
135 592,01 €
Latest accounts
31/10/2025
Joint committees (1)
  • 200
Signals
Solid equityGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin-12 k €20,2 k €19,8 k €18,6 k €14,2 k €4,7 k €3,3 k €7,1 k €19,2 k €29 k €37,5 k €55,6 k €46,8 k €50,9 k €21,4 k €33,7 k €39,3 k €159,6 k €196 k €195,8 k €
EBITDA-12,3 k €18,5 k €18,2 k €16,3 k €11,2 k €2,6 k €942,7 €3,5 k €17,7 k €26,9 k €34,8 k €51,7 k €43,9 k €48,1 k €17,9 k €31,4 k €24,9 k €113,1 k €84,7 k €111,7 k €
Operating result-12,3 k €18,5 k €7,1 k €3,9 k €-1,5 k €-10,1 k €-11,7 k €-9,2 k €6,4 k €14,3 k €21,4 k €35,6 k €16,7 k €25,1 k €-4,5 k €7,2 k €5,4 k €97,1 k €68,3 k €91,1 k €
Net result-12,3 k €13,7 k €6,1 k €4 k €-1,7 k €-9,6 k €-11,1 k €-8,7 k €3,8 k €11,1 k €14,4 k €28,1 k €11,4 k €21,5 k €59,8 k €-3,1 k €1,4 k €78,8 k €56,3 k €70,3 k €
Balance sheet
Equity274,6 k €286,9 k €273,1 k €267 k €263 k €264,7 k €274,3 k €285,4 k €294,1 k €294 k €290,4 k €286 k €274,7 k €282,3 k €260,7 k €200,9 k €204 k €202,6 k €166,2 k €142,3 k €
Total assets280,8 k €293,6 k €297,9 k €292 k €293,1 k €291,6 k €305,3 k €315,7 k €331,3 k €399,9 k €412,4 k €427,1 k €411,9 k €419,9 k €475,4 k €522,1 k €404,1 k €307,9 k €337,6 k €332,2 k €
Cash22,8 k €17,1 €6,9 k €34,1 €5,4 k €144,2 €141,7 €2 k €254,2 €2,8 k €10,2 k €14,5 k €5,8 k €13,3 k €7,7 k €7,2 k €70,9 k €13,4 k €787,8 €12,5 k €
Debts6,2 k €6,8 k €3,2 k €2,3 k €6,3 k €2 k €4,9 k €3,2 k €8,9 k €76,5 k €91,4 k €109,4 k €103,9 k €103,7 k €179,6 k €320,3 k €199,4 k €104,8 k €170,8 k €189,3 k €
Other
Workforce0,4 ETP1,6 ETP1,7 ETP
Governance

Board of directors

Seen on filing of 31/10/2025 · 2 active · 4 ended

Active mandates

Chanphen Kanlayaphom

Director

Active
Willy Derden

Director

Active

Ended mandates

CHANPHEN KANLAYAPHOM

Manager · since 01 octobre 2009

Ended
DERDEN WILLY

Manager · since 21 novembre 1994

Ended
WILLY DERDEN

Administrator - manager · since 21 novembre 1994

Ended
DERDEN WILLY

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/10/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year10 months12 months12 months12 months12 months12 months
Filing date04/11/202524/07/202505/07/202431/08/202325/08/202231/08/2021
General meeting28/06/202522/06/202426/06/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

31 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/10/202504/11/2025DutchPDF
Micro model31/12/202428/06/202524/07/2025DutchPDF
Abridged model31/12/202322/06/202405/07/2024DutchPDF
Abridged model31/12/202226/06/202331/08/2023DutchPDF
Micro model31/12/202125/06/202225/08/2022DutchPDF
Micro model31/12/202026/06/202131/08/2021DutchPDF
Micro model31/12/201927/06/202023/07/2020DutchPDF
Abridged model31/12/201829/06/201925/07/2019DutchPDF
Abridged model31/12/201710/06/201821/09/2018DutchPDF
Abridged model31/12/201624/06/201731/08/2017DutchPDF
Abridged model31/12/201525/06/201626/08/2016DutchPDF
Abridged model31/12/201427/06/201525/09/2015DutchPDF
Abridged model31/12/201328/06/201429/08/2014DutchPDF
Abridged model31/12/201229/06/201330/08/2013DutchPDF
Abridged model31/12/201123/06/201223/08/2012DutchPDF
Abridged model31/12/201025/06/201126/08/2011DutchPDF
Abridged model31/12/200925/06/201031/08/2010DutchPDF
Abridged model31/12/200826/06/200931/08/2009DutchPDF
Abridged model31/12/200727/06/200827/08/2008DutchPDF
Abridged model31/12/200623/06/200731/08/2007DutchPDF
Abridged model31/12/200524/06/200625/07/2006DutchPDF
Abridged model31/12/200422/09/200530/09/2005DutchPDF
Abridged model31/12/200320/09/200415/10/2004DutchPDF
Abridged model31/12/200220/09/200330/09/2003DutchPDF

View all 31 filings

Estimate

Indicative valuation

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 31/10/2025 · 2 active · 4 ended

Active mandates

Chanphen Kanlayaphom

Director

Active
Willy Derden

Director

Active

Ended mandates

CHANPHEN KANLAYAPHOM

Manager · since 01 octobre 2009

Ended
DERDEN WILLY

Manager · since 21 novembre 1994

Ended
WILLY DERDEN

Administrator - manager · since 21 novembre 1994

Ended
DERDEN WILLY

Manager

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-12,3 k €
  2. 2025
    Name changePAGE TWO in vereffening
  3. 2024
    Annual accounts 202413,7 k €
  4. 2023
    Annual accounts 20236,1 k €
  5. 2022
    Annual accounts 20224 k €
  6. 2021
    Annual accounts 2021-1,7 k €
  7. 2021
    Name changePAGE TWO
  8. 2020
    Annual accounts 2020-9,6 k €
  9. 2019
    Annual accounts 2019-11,1 k €
  10. 2018
    Annual accounts 2018-8,7 k €
  11. 2017
    Annual accounts 20173,8 k €
  12. 2016
    Annual accounts 201611,1 k €
  13. 2015
    Annual accounts 201514,4 k €
  14. 2014
    Annual accounts 201428,1 k €
  15. 2013
    Annual accounts 201311,4 k €
  16. 2012
    Annual accounts 201221,5 k €
  17. 2011
    Annual accounts 201159,8 k €
  18. 2010
    Annual accounts 2010-3,1 k €
  19. 2009
    Annual accounts 20091,4 k €
  20. 2008
    Annual accounts 200878,8 k €
  21. 2007
    Annual accounts 200756,3 k €
  22. 2006
    Annual accounts 200670,3 k €