ACTIVE

TWO BROTHERS

Financial year 2025 · closed on 31/12/2025
Net result
14,5 k €
+9824.0% YoY
Revenue
66,7 k €
-23.7% YoY
Equity
-834 €
+94.6% YoY

What does TWO BROTHERS do?

TWO BROTHERS is a Private limited company incorporated in 2023. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0795.702.480
Incorporation
04/01/2023
Legal form
Private limited company
Registered office
Santvoortbeeklaan 25 box 115
2100 Antwerpen · FlandreSee on map
Contributed capital
3 000,00 €
Latest accounts
31/12/2025
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Revenue66,7 k €87,4 k €58,1 k €
EBITDA16,9 k €264,9 €-16,5 k €
Operating result14,6 k €264,9 €-17,7 k €
Net result14,5 k €-148,8 €-18,2 k €
Balance sheet
Equity-834 €-15,3 k €-15,2 k €
Total assets25 k €4,1 k €4,7 k €
Cash125,8 €162,2 €412,2 €
Debts25,8 k €19,4 k €19,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Mohamad Shaaban

Director

Active
At this address

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Annual accounts

Full financial information

202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202404/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date30/06/202627/06/202506/08/2024
General meeting26/06/202627/06/202528/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202630/06/2026DutchPDF
Micro model31/12/202427/06/202527/06/2025DutchPDF
Micro model31/12/202328/06/202406/08/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 1 active

Active mandates

Mohamad Shaaban

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office17/09/2026
    WIJZIGING MAATSCHAPPELIJK ADRES '
    PDF
  • Other06/01/2023
    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 202514,5 k €
  2. 2024
    Annual accounts 2024-148,8 €
  3. 2023
    Annual accounts 2023-18,2 k €
  4. 04/01/2023
    IncorporationPrivate limited company