ACTIVE

S2

Financial year 2025 · closed on 31/12/2025
Net result
31,9 k €
+14.2% YoY
Gross margin
196,9 k €
+14.5% YoY
Equity
-15,9 k €
+66.8% YoY

What does S2 do?

S2 is a Private limited company incorporated in 2019. Its registered office is in Zemst.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0734.716.008
Incorporation
20/09/2019
Legal form
Private limited company
Registered office
Zemstsesteenweg 1
1981 Zemst · FlandreSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 314
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin196,9 k €171,9 k €148,1 k €46,3 k €12,6 k €11,2 k €
EBITDA47,6 k €42,1 k €25,6 k €-9,5 k €-9,5 k €-52,2 k €
Operating result36,9 k €32,4 k €15,8 k €-19,5 k €-19,5 k €-63,4 k €
Net result31,9 k €28 k €11,5 k €-21 k €-21,3 k €-65 k €
Balance sheet
Equity-15,9 k €-47,8 k €-75,8 k €-87,3 k €-66,3 k €-45 k €
Total assets92,4 k €90,5 k €85,7 k €90,3 k €82 k €88,4 k €
Cash25 k €31,3 k €19,8 k €30,7 k €1,2 k €472,3 €
Debts106,4 k €138,3 k €161,5 k €175,6 k €146,4 k €131,5 k €
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 31/12/2025 · 3 active · 2 ended

Active mandates

DACA Invest

Director · 0876.649.970

Represented by Danny SCHROEVEN

Active
SEB Holding

Director · 0733.876.561

Represented by Guy SMITS

Active
SMTP

Director · 0466.834.571

Represented by Guy SMITS

Active

Ended mandates

SEB Holding

Director · since 01 septembre 2019 · 0733.876.561

Represented by Guy SMITS

Ended
DACA Invest

Director · 0876.649.970

Represented by Danny SCHROEVEN

Ended
At this address

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ACADEMY 314Active
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1000.842.535
ESB-GROUPActive
0508.671.364
GWHBActive
0525.797.705
S1Active
0734.716.305
S3Active
0754.790.949
S4Active
0754.790.553
SEB HoldingActive
0733.876.561
STC5Active
0777.662.856
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/09/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months16 months
Filing date26/06/202630/06/202524/06/202420/06/202329/06/202208/07/2021
General meeting15/06/202616/06/202517/06/202419/06/202320/06/202215/06/2021
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202515/06/202626/06/2026DutchPDF
Micro model31/12/202416/06/202530/06/2025DutchPDF
Micro model31/12/202317/06/202424/06/2024DutchPDF
Micro model31/12/202219/06/202320/06/2023DutchPDF
Micro model31/12/202120/06/202229/06/2022DutchPDF
Micro model31/12/202015/06/202108/07/2021FrenchPDF
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 31/12/2025 · 3 active · 2 ended

Active mandates

DACA Invest

Director · 0876.649.970

Represented by Danny SCHROEVEN

Active
SEB Holding

Director · 0733.876.561

Represented by Guy SMITS

Active
SMTP

Director · 0466.834.571

Represented by Guy SMITS

Active

Ended mandates

SEB Holding

Director · since 01 septembre 2019 · 0733.876.561

Represented by Guy SMITS

Ended
DACA Invest

Director · 0876.649.970

Represented by Danny SCHROEVEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office23/09/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other24/09/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, 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

Timeline

  1. 2025
    Annual accounts 202531,9 k €
  2. 2024
    Annual accounts 202428 k €
  3. 2023
    Annual accounts 202311,5 k €
  4. 2022
    Annual accounts 2022-21 k €
  5. 2021
    Annual accounts 2021-21,3 k €
  6. 2020
    Annual accounts 2020-65 k €
  7. 20/09/2019
    IncorporationPrivate limited company