ACTIVE

2TRANSFORM

Financial year 2023 · closed on 31/12/2023
Net result
5,1 k €
-57.6% YoY
Gross margin
26,2 k €
-27.7% YoY
Equity
149,0 k €
+3.5% YoY

What does 2TRANSFORM do?

2TRANSFORM is a Private company with limited liability incorporated in 2003. Its registered office is in Geraardsbergen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0479.948.080
Incorporation
04/04/2003
Legal form
Private company with limited liability
Registered office
Bettenhoek(Nie) 18
9506 Geraardsbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2023
Joint committees (1)
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20232022202120202019201820162015201420132012201120102009200820072006
Income statement
Gross margin26,2 k €36,2 k €89,1 k €59,5 k €41,7 k €93,5 k €28,3 k €54,9 k €73,7 k €628,0 €53,9 k €52,1 k €53,7 k €27,3 k €14,9 k €19,2 k €10,0 k €
EBITDA18,7 k €32,2 k €77,2 k €57,5 k €39,3 k €92,0 k €26,0 k €50,1 k €71,4 k €-2,8 k €48,1 k €48,5 k €49,9 k €26,3 k €12,9 k €17,6 k €8,1 k €
Operating result14,9 k €22,5 k €59,5 k €42,5 k €8,4 k €70,6 k €9,4 k €33,0 k €51,2 k €-24,2 k €26,2 k €21,7 k €28,3 k €14,8 k €720,0 €5,2 k €-564,1 €
Net result5,1 k €11,9 k €16,5 k €24,3 k €4,9 k €46,0 k €1,6 k €18,9 k €30,3 k €-29,9 k €-602,6 €3,0 k €12,8 k €4,3 k €-8,3 k €-755,8 €-7,0 k €
Balance sheet
Equity149,0 k €143,9 k €132,0 k €115,5 k €91,2 k €115,9 k €38,4 k €36,8 k €38,5 k €-14,4 k €15,5 k €16,1 k €13,1 k €327,5 €-3,9 k €-8,1 k €-7,3 k €
Total assets196,7 k €201,1 k €265,7 k €226,7 k €187,4 k €300,0 k €149,2 k €158,0 k €162,3 k €125,1 k €186,1 k €181,4 k €184,2 k €143,6 k €148,7 k €142,3 k €135,5 k €
Cash462,0 €5,5 k €11,6 k €11,9 k €5,4 k €11,5 k €1,5 k €7,6 k €7,8 k €10,4 k €28,2 k €12,1 k €5,6 k €10,2 k €47,6 €3,7 k €15,2 k €
Debts47,3 k €56,7 k €133,3 k €110,5 k €96,2 k €184,1 k €110,9 k €121,2 k €123,3 k €136,3 k €166,6 k €161,7 k €167,9 k €134,7 k €149,4 k €147,6 k €140,7 k €
Other
Workforce0,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 8 ended

Active mandates

Sylvie Verleye

Director · since 31 mars 2003

Active
Wim Van Acker

Director · since 31 mars 2003

Active

Ended mandates

Sylvie Verleye

Manager · since 14 avril 2003

Ended
Wim Van Acker

Director · since 14 avril 2003

Ended
Wim Van Acker

Manager · since 14 avril 2003

Ended
Sylvie Verleye

Director · since 04 avril 2003

Ended
Annual accounts

Full financial information

202320222021202020192018
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/201901/01/2018
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/201931/12/2018
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/12/202410/11/202314/02/202330/10/202130/10/202131/08/2019
General meeting28/11/202431/10/202310/02/202330/09/202115/06/202015/06/2019
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202328/11/202420/12/2024DutchPDF
Micro model31/12/202231/10/202310/11/2023DutchPDF
Micro model31/12/202110/02/202314/02/2023DutchPDF
Micro model31/12/202030/09/202130/10/2021DutchPDF
Micro model31/12/201915/06/202030/10/2021DutchPDF
Abridged model31/12/201815/06/201931/08/2019DutchPDF
Abridged model31/12/201630/05/201731/08/2017DutchPDF
Abridged model31/12/201515/06/201630/08/2016DutchPDF
Abridged model31/12/201415/06/201531/08/2015DutchPDF
Abridged model31/12/201315/06/201427/08/2014DutchPDF
Abridged model31/12/201215/06/201327/09/2013DutchPDF
Abridged model31/12/201115/06/201227/07/2012DutchPDF
Abridged model31/12/201015/06/201130/06/2011DutchPDF
Abridged model31/12/200915/06/201029/07/2010DutchPDF
Abridged model31/12/200815/06/200928/09/2009DutchPDF
Abridged model31/12/200715/06/200820/10/2008DutchPDF
Abridged model31/12/200615/06/200726/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2023 · 2 active · 8 ended

Active mandates

Sylvie Verleye

Director · since 31 mars 2003

Active
Wim Van Acker

Director · since 31 mars 2003

Active

Ended mandates

Sylvie Verleye

Manager · since 14 avril 2003

Ended
Wim Van Acker

Director · since 14 avril 2003

Ended
Wim Van Acker

Manager · since 14 avril 2003

Ended
Sylvie Verleye

Director · since 04 avril 2003

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. 2023
    Annual accounts 20235,1 k €
  2. 2022
    Annual accounts 202211,9 k €
  3. 2021
    Annual accounts 202116,5 k €
  4. 2020
    Annual accounts 202024,3 k €
  5. 2019
    Annual accounts 20194,9 k €
  6. 2018
    Annual accounts 201846,0 k €
  7. 2016
    Annual accounts 20161,6 k €
  8. 2015
    Annual accounts 201518,9 k €
  9. 2014
    Annual accounts 201430,3 k €
  10. 2013
    Annual accounts 2013-29,9 k €
  11. 2012
    Annual accounts 2012-602,6 €
  12. 2011
    Annual accounts 20113,0 k €
  13. 2010
    Annual accounts 201012,8 k €
  14. 2009
    Annual accounts 20094,3 k €
  15. 2008
    Annual accounts 2008-8,3 k €
  16. 2007
    Annual accounts 2007-755,8 €
  17. 2006
    Annual accounts 2006-7,0 k €
  18. 04/04/2003
    IncorporationPrivate company with limited liability