ACTIVE

Go 2

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Financial year 2025 · closed on 31/12/2025

Net result

46,4 k €

-37.9% YoY

Gross margin

145,3 k €

+0.4% YoY

Equity

962,7 k €

+5.1% YoY

What does Go 2 do?

Go 2 is a Public limited company incorporated in 1999. Its registered office is in Diest.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0466.135.181

Incorporation

31/05/1999

Legal form

Public limited company

Registered office

Itselaarlaan 5 box B
3290 Diest · FlandreSee on map

Contributed capital

495 787,05 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	145,3 k €	+0.4%	144,6 k €	-2.7%	148,6 k €	+30.3%	114 k €	-23.5%	149,1 k €	+326%	-66,1 k €	-147%	140,7 k €	-5.6%	149,1 k €	+2.1%	146,1 k €	-35.8%	227,7 k €	-24.0%	299,4 k €	-0.1%	299,6 k €	+9.2%	274,4 k €	-8.4%	299,7 k €	+0.4%	298,3 k €	-0.4%	299,7 k €	+0.1%	299,4 k €	+0.7%	297,3 k €	-0.8%	299,7 k €	+0.2%	299 k €
EBITDA	82,9 k €	-2.5%	85 k €	-6.7%	91,1 k €	+50.3%	60,6 k €	-37.6%	97,1 k €	+154%	38,3 k €	-58.5%	92,2 k €	-9.1%	101,5 k €	+2.1%	99,3 k €	-7.0%	106,8 k €	-17.1%	128,8 k €	-49.3%	254,1 k €	+10.8%	229,4 k €	-10.3%	255,8 k €	-0.0%	255,9 k €	-0.8%	258 k €	+0.0%	258 k €	+0.3%	257,3 k €	-1.2%	260,4 k €	+0.2%	259,8 k €
Operating result	64,5 k €	-24.1%	85 k €	-6.7%	91,1 k €	+50.3%	60,6 k €	-37.6%	97,1 k €	+154%	38,3 k €	-16.3%	45,7 k €	+438%	8,5 k €	+33.1%	6,4 k €	-53.9%	13,8 k €	-61.3%	35,8 k €	-77.8%	161,2 k €	+18.2%	136,4 k €	-16.2%	162,8 k €	-0.1%	162,9 k €	-1.3%	165 k €	+0.0%	165 k €	+0.4%	164,3 k €	-1.9%	167,4 k €	+0.3%	166,9 k €
Net result	46,4 k €	-37.9%	74,7 k €	+3.1%	72,5 k €	+59.8%	45,3 k €	-36.9%	71,9 k €	+159%	27,8 k €	-10.8%	31,1 k €	+442%	5,7 k €	+8.0%	5,3 k €	-55.1%	11,9 k €	-61.4%	30,7 k €	-72.5%	111,6 k €	+26.4%	88,3 k €	-20.0%	110,3 k €	+7.8%	102,3 k €	+2.7%	99,6 k €	+3.8%	95,9 k €	+4.6%	91,7 k €	+9.1%	84 k €	+9.4%	76,8 k €
Balance sheet
Equity	962,7 k €	+5.1%	916,3 k €	+8.9%	841,6 k €	+9.4%	769,1 k €	+6.3%	723,7 k €	+11.0%	651,8 k €	+4.5%	624,1 k €	+5.3%	592,9 k €	+1.0%	587,2 k €	+0.9%	581,9 k €	+2.1%	570 k €	-60.1%	1,4 M €	+8.5%	1,3 M €	+7.2%	1,2 M €	+9.8%	1,1 M €	+10.0%	1 M €	+10.8%	918,3 k €	+11.7%	822,4 k €	+12.5%	730,7 k €	+13.0%	646,7 k €
Total assets	1,1 M €	+9.2%	966,3 k €	+8.4%	891 k €	+15.7%	769,8 k €	+4.7%	735,5 k €	-11.5%	831,2 k €	-0.9%	838,4 k €	+5.2%	797,1 k €	+0.2%	795,5 k €	-1.8%	809,8 k €	+3.6%	781,4 k €	-53.1%	1,7 M €	-1.1%	1,7 M €	+2.1%	1,7 M €	-0.2%	1,7 M €	+1.3%	1,6 M €	+1.1%	1,6 M €	-5.2%	1,7 M €	-0.7%	1,7 M €	-1.8%	1,7 M €
Cash	114,5 k €	-78.2%	526,2 k €	+1032%	46,5 k €	-85.7%	324,7 k €	+6.4%	305,3 k €	-23.7%	400,3 k €	+32.6%	301,9 k €	+36.4%	221,2 k €	-2.6%	227 k €	+51.7%	149,6 k €	+397%	30,1 k €	+139%	12,6 k €	+371%	2,7 k €	-95.2%	55,7 k €	-16.1%	66,4 k €	+23.9%	53,6 k €	-77.1%	233,7 k €	+2.0%	229,1 k €	+543%	35,6 k €	-78.4%	165,2 k €
Debts	92,8 k €	+272%	25 k €	+2.2%	24,4 k €	+3247%	730 €	-93.8%	11,8 k €	-93.4%	179,3 k €	+1152%	14,3 k €	+243%	4,2 k €	-50.1%	8,4 k €	-70.0%	27,9 k €	-67.7%	86,3 k €	-63.5%	236,5 k €	-35.4%	366 k €	-12.9%	420,2 k €	-21.3%	534,1 k €	-12.9%	613,4 k €	-12.0%	696,9 k €	-20.9%	881,1 k €	-10.5%	984,3 k €	-10.5%	1,1 M €

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 31/12/2025 · 3 active · 12 ended

Active mandates

Bert Balcaen

Director · since 27 septembre 2021 · until 25 mai 2027

Active

Frederik Balcaen

Director · since 27 septembre 2021 · until 25 mai 2027

Active

Paul Balcaen

Managing director · since 27 septembre 2021 · until 25 mai 2027

Active

Ended mandates

Agnes Segers

Director · since 26 mai 2015 · until 25 mai 2021

Ended

Bert Balcaen

Director · since 26 mai 2015 · until 25 mai 2021

Ended

Frederik Balcaen

Director · since 26 mai 2015 · until 25 mai 2021

Ended

Paul Balcaen

Managing director · since 26 mai 2015 · until 25 mai 2021

Ended

At this address

Other companies at this address

Company	CBE no.
ACEFIN● Active	1016.732.620
ACE GROUP● Active	0831.376.112
ACE PACKAGING● Active	0400.942.669
CORFIM● Active	0429.917.757
GO2 Invest● Active	0662.747.055
Innodos● Active	1018.467.930
SB DIEST● Active	0862.737.992

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	01/01/2025	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	31/08/2026	26/09/2025	27/09/2024	31/08/2023	24/08/2022	29/09/2021
General meeting	28/08/2026	30/08/2025	30/08/2024	31/07/2023	19/08/2022	27/09/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	28/08/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	30/08/2025	26/09/2025	Dutch	PDF
Micro model	31/12/2023	30/08/2024	27/09/2024	Dutch	PDF
Micro model	31/12/2022	31/07/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	19/08/2022	24/08/2022	Dutch	PDF
Micro model	31/12/2020	27/09/2021	29/09/2021	Dutch	PDF
Micro model	31/12/2019	25/09/2020	02/10/2020	Dutch	PDF
Micro model	31/12/2018	27/05/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	28/05/2018	25/07/2018	Dutch	PDF
Micro model	31/12/2016	22/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	27/07/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	23/05/2011	09/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	15/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	30/05/2008	Dutch	PDF
Abridged model	31/12/2006	26/06/2007	06/07/2007	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 31/12/2025 · 3 active · 12 ended

Active mandates

Bert Balcaen

Director · since 27 septembre 2021 · until 25 mai 2027

Active

Frederik Balcaen

Director · since 27 septembre 2021 · until 25 mai 2027

Active

Paul Balcaen

Managing director · since 27 septembre 2021 · until 25 mai 2027

Active

Ended mandates

Agnes Segers

Director · since 26 mai 2015 · until 25 mai 2021

Ended

Bert Balcaen

Director · since 26 mai 2015 · until 25 mai 2021

Ended

Frederik Balcaen

Director · since 26 mai 2015 · until 25 mai 2021

Ended

Paul Balcaen

Managing director · since 26 mai 2015 · until 25 mai 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/09/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2003
ONTSLAGEN - BENOEMINGEN
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 202546,4 k €↓
2024
Annual accounts 202474,7 k €↑
2023
Annual accounts 202372,5 k €↑
2022
Annual accounts 202245,3 k €↓
2021
Annual accounts 202171,9 k €↑
2020
Annual accounts 202027,8 k €↓
2019
Annual accounts 201931,1 k €↑
2018
Annual accounts 20185,7 k €↑
2017
Annual accounts 20175,3 k €↓
2016
Annual accounts 201611,9 k €↓
2015
Annual accounts 201530,7 k €↓
2014
Annual accounts 2014111,6 k €↑
2013
Annual accounts 201388,3 k €↓
2012
Annual accounts 2012110,3 k €↑
2011
Annual accounts 2011102,3 k €↑
2010
Annual accounts 201099,6 k €↑
2009
Annual accounts 200995,9 k €↑
2008
Annual accounts 200891,7 k €↑
2007
Annual accounts 200784 k €↑
2006
Annual accounts 200676,8 k €
31/05/1999
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

Go 2

Overview

What does Go 2 do?

Trend over 20 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