ACTIVE

TWO TO TANGO

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Financial year 2025 · closed on 30/06/2025

Net result

33,3 k €

-4.9% YoY

Gross margin

147,3 k €

+5.8% YoY

Equity

331,6 k €

-16.7% YoY

What does TWO TO TANGO do?

TWO TO TANGO is a Private limited company incorporated in 1995. Its main activity is: Motion picture, video and television programme production activities. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.356.503

Incorporation

07/06/1995

Legal form

Private limited company

Registered office

Rozebroekslag 32
9040 Gent · FlandreSee on map

Contributed capital

27 605,32 €

Latest accounts

30/06/2025

Activities (NACE)

59114Motion picture, video and television programme production activities· main 59114Motion picture, video and television programme production activities 59120Motion picture, video and television programme post-production activities 59120Motion picture, video and television programme post-production activities 92114Gambling and betting activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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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		2008		2007
Income statement
Gross margin	147,3 k €	+5.8%	139,3 k €	-32.2%	205,5 k €	+110%	98 k €	+15.8%	84,6 k €	-53.2%	180,8 k €	+26.5%	142,9 k €	+15.7%	123,6 k €	+15.4%	107,1 k €	+62.7%	65,8 k €	+78.8%	36,8 k €	-72.8%	135 k €	+66.6%	81,1 k €	+284%	21,1 k €	-19.9%	26,3 k €	+487%	-6,8 k €	-125%	27,6 k €	+23.0%	22,4 k €	-25.2%	30 k €
EBITDA	85,8 k €	-1.1%	86,8 k €	-46.5%	162,1 k €	+89.7%	85,4 k €	+9.3%	78,1 k €	-56.7%	180,4 k €	+27.1%	141,9 k €	+16.0%	122,4 k €	+15.4%	106,1 k €	+63.2%	65 k €	+81.5%	35,8 k €	-73.3%	133,9 k €	+66.5%	80,4 k €	+288%	20,7 k €	-19.8%	25,8 k €	+390%	-8,9 k €	-133%	26,8 k €	+22.2%	21,9 k €	-25.4%	29,4 k €
Operating result	57,3 k €	-1.4%	58,2 k €	-55.2%	129,9 k €	+139%	54,3 k €	-10.6%	60,7 k €	-63.3%	165,7 k €	+36.7%	121,2 k €	+19.2%	101,7 k €	+19.6%	85 k €	+77.9%	47,8 k €	+140%	19,9 k €	-83.3%	119,2 k €	+117%	54,9 k €	+173%	20,1 k €	-18.5%	24,7 k €	+346%	-10 k €	-152%	19,4 k €	+35.9%	14,3 k €	-34.3%	21,8 k €
Net result	33,3 k €	-4.9%	35 k €	-59.7%	87 k €	+150%	34,8 k €	-14.1%	40,5 k €	-63.3%	110,4 k €	+37.1%	80,6 k €	+34.2%	60 k €	+12.8%	53,2 k €	+105%	25,9 k €	+180%	9,3 k €	-88.1%	77,8 k €	+142%	32,1 k €	+130%	14 k €	-49.5%	27,7 k €	+561%	-6 k €	-191%	6,6 k €	-25.4%	8,8 k €	-49.0%	17,3 k €
Balance sheet
Equity	331,6 k €	-16.7%	398,2 k €	-8.1%	433,2 k €	+6.6%	406,2 k €	-4.3%	424,6 k €	-4.0%	442,1 k €	+29.7%	340,9 k €	+31.0%	260,3 k €	+30.0%	200,3 k €	+36.2%	147 k €	+21.4%	121,1 k €	+8.3%	111,9 k €	+228%	34,1 k €	+6.6%	32 k €	-11.2%	36 k €	-47.3%	68,3 k €	-49.1%	134,3 k €	+5.2%	127,8 k €	+7.4%	118,9 k €
Total assets	468,8 k €	-9.2%	516,2 k €	-10.6%	577,7 k €	+15.1%	502,1 k €	-0.9%	506,9 k €	-2.7%	520,7 k €	+32.0%	394,3 k €	+35.4%	291,3 k €	+35.6%	214,8 k €	+5.1%	204,3 k €	-5.4%	216 k €	-6.6%	231,3 k €	+36.8%	169,1 k €	+201%	56,1 k €	-52.0%	116,8 k €	-18.9%	143,9 k €	-5.4%	152,2 k €	-6.3%	162,5 k €	+27.7%	127,2 k €
Cash	81,4 k €	-56.5%	187,1 k €	+23.5%	151,5 k €	+29.9%	116,6 k €	+2.0%	114,3 k €	-61.1%	293,9 k €	+49.0%	197,2 k €	+66.7%	118,3 k €	+4111%	2,8 k €	-85.2%	19 k €	+21.1%	15,7 k €	+395%	3,2 k €	+145%	1,3 k €	-96.5%	37,4 k €	-61.6%	97,5 k €	+6.2%	91,8 k €	+2.3%	89,7 k €	-15.7%	106,5 k €	+209%	34,5 k €
Debts	137,2 k €	+16.3%	117,9 k €	-18.4%	144,5 k €	+50.6%	95,9 k €	+16.5%	82,3 k €	+4.6%	78,7 k €	+47.1%	53,5 k €	+72.4%	31 k €	+113%	14,6 k €	-74.6%	57,3 k €	-39.6%	94,9 k €	-20.5%	119,4 k €	-10.6%	133,5 k €	+453%	24,1 k €	-70.1%	80,8 k €	+6.8%	75,6 k €	+324%	17,8 k €	-48.6%	34,7 k €	+408%	6,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 5 ended

Active mandates

Julie Mahieu

Associate · since 01 janvier 2015

Active

Jonas Geirnaert

Director · since 03 mai 2012

Active

Ended mandates

Jonas Geirnaert

Manager · since 03 mai 2012

Ended

Bart De Pauw

Manager · until 03 mai 2012

Ended

Bart De Pauw

Manager

Ended

Tom Lenaerts

Manager · until 03 mai 2012

Ended

At this address

Other companies at this address

Company	CBE no.
BROADCAST & OPTICS● Active	0441.891.022

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/12/2025	23/12/2024	22/12/2023	20/12/2022	21/12/2021	23/12/2020
General meeting	08/12/2025	09/12/2024	11/12/2023	12/12/2022	13/12/2021	07/12/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	08/12/2025	23/12/2025	Dutch	PDF
Micro model	30/06/2024	09/12/2024	23/12/2024	Dutch	PDF
Micro model	30/06/2023	11/12/2023	22/12/2023	Dutch	PDF
Micro model	30/06/2022	12/12/2022	20/12/2022	Dutch	PDF
Micro model	30/06/2021	13/12/2021	21/12/2021	Dutch	PDF
Micro model	30/06/2020	07/12/2020	23/12/2020	Dutch	PDF
Micro model	30/06/2019	09/12/2019	18/12/2019	Dutch	PDF
Micro model	30/06/2018	10/12/2018	13/12/2018	Dutch	PDF
Abridged model	30/06/2017	11/12/2017	20/12/2017	Dutch	PDF
Abridged model	30/06/2016	12/12/2016	19/12/2016	Dutch	PDF
Abridged model	30/06/2015	14/12/2015	17/12/2015	Dutch	PDF
Abridged model	30/06/2014	08/12/2014	17/12/2014	Dutch	PDF
Abridged model	30/06/2013	09/12/2013	19/12/2013	Dutch	PDF
Abridged model	30/06/2012	10/12/2012	17/12/2012	Dutch	PDF
Abridged model	30/06/2011	11/12/2011	19/12/2011	Dutch	PDF
Abridged model	30/06/2010	13/12/2010	13/01/2011	Dutch	PDF
Abridged model	30/06/2009	07/12/2009	23/12/2009	Dutch	PDF
Abridged model	30/06/2008	08/12/2008	18/12/2008	Dutch	PDF
Abridged model	30/06/2007	10/12/2007	24/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 30/06/2025 · 2 active · 5 ended

Active mandates

Julie Mahieu

Associate · since 01 janvier 2015

Active

Jonas Geirnaert

Director · since 03 mai 2012

Active

Ended mandates

Jonas Geirnaert

Manager · since 03 mai 2012

Ended

Bart De Pauw

Manager · until 03 mai 2012

Ended

Bart De Pauw

Manager

Ended

Tom Lenaerts

Manager · until 03 mai 2012

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/03/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/07/2013
MAATSCHAPPELIJKE ZETEL
PDF
Mandates07/06/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/04/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 202533,3 k €↓
2024
Annual accounts 202435 k €↓
2023
Annual accounts 202387 k €↑
2022
Annual accounts 202234,8 k €↓
2021
Annual accounts 202140,5 k €↓
2020
Annual accounts 2020110,4 k €↑
2019
Annual accounts 201980,6 k €↑
2018
Annual accounts 201860 k €↑
2017
Annual accounts 201753,2 k €↑
2016
Annual accounts 201625,9 k €↑
2015
Annual accounts 20159,3 k €↓
2014
Annual accounts 201477,8 k €↑
2013
Annual accounts 201332,1 k €↑
2012
Annual accounts 201214 k €↓
2011
Annual accounts 201127,7 k €↑
2010
Annual accounts 2010-6 k €↓
2009
Annual accounts 20096,6 k €↓
2008
Annual accounts 20088,8 k €↓
2007
Annual accounts 200717,3 k €
07/06/1995
IncorporationPrivate 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

TWO TO TANGO

Overview

What does TWO TO TANGO 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