ACTIVE

IN TWO

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Financial year 2025 · closed on 31/12/2025
Net result
-5,1 k €
+44.2% YoY
Revenue
131,2 k €
Equity
140,8 k €
-3.5% YoY

What does IN TWO do?

IN TWO is a Private limited company incorporated in 2009. Its main activity is: Other amusement and recreation activities. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0809.300.890
Incorporation
23/01/2009
Legal form
Private limited company
Registered office
Rue de la Tribune 20
1000 Bruxelles · BruxellesSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
93299Other amusement and recreation activities· main93299Other amusement and recreation activities74104Specialised design activities74130Specialised design activities85510Sports and recreation education85510Sports and recreation education+4
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120202019201820172016201520142013201220112010
Income statement
Revenue131,2 k €–139,1 k €–––156 k €132,6 k €––––73,1 k €54,1 k €––
EBITDA28,7 k €84,3 k €38,1 k €98,8 k €91,7 k €87,3 k €62,6 k €45,3 k €65,1 k €29,8 k €22,8 k €29 k €33,1 k €26,5 k €32 k €24,2 k €
Operating result-3,1 k €44,5 k €8,4 k €69,4 k €59,6 k €53,2 k €20,7 k €8,8 k €31,3 k €-761,7 €1,9 k €5,5 k €12,4 k €7,9 k €14,4 k €2,2 k €
Net result-5,1 k €-9,1 k €5,1 k €49,3 k €42,6 k €31,4 k €7,9 k €298 €18,9 k €-3,4 k €-1,5 k €1,6 k €6,1 k €391,7 €3,7 k €2,1 k €
Balance sheet
Equity140,8 k €145,8 k €154,9 k €149,8 k €100,5 k €57,9 k €26,5 k €19,1 k €19,3 k €12,9 k €16,8 k €18,8 k €17,7 k €12,1 k €15,1 k €12,4 k €
Total assets276,8 k €305,4 k €342 k €368,4 k €341,3 k €391,7 k €360,3 k €392,4 k €403,6 k €456,3 k €137,6 k €142,7 k €117,9 k €111,8 k €142,5 k €131,1 k €
Cash25,2 k €49,5 k €11 k €23,8 k €21 k €90,4 k €38,8 k €17,8 k €15,2 k €59,2 k €14,9 k €6,2 k €14,4 k €2,8 k €3,9 k €6,3 k €
Debts136 k €159,5 k €187,1 k €218,6 k €240,8 k €333,8 k €333,7 k €371,6 k €383,9 k €442,6 k €119,8 k €122,7 k €98,7 k €97,9 k €125,9 k €116,7 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 · 1 active · 9 ended

Active mandates

Lucie Beyer

Director · since 23 janvier 2009

Active

Ended mandates

Lucie Beyer

Director · since 21 décembre 2023

Ended
Rock Chen

Director · since 21 décembre 2023

Ended
Chen Rock

Manager · since 30 juin 2017

Ended
ROCK CHEN

Director · since 01 avril 2017

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year31/12/202531/12/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months18 months12 months12 months12 months12 months
Filing date30/04/202630/09/202515/12/202326/12/202204/01/202223/12/2020
General meeting13/02/202615/05/202515/11/202315/11/202215/11/202115/11/2020
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/02/202630/04/2026FrenchPDF
Micro model31/12/202415/05/202530/09/2025FrenchPDF
Micro model30/06/202315/11/202315/12/2023FrenchPDF
Micro model30/06/202215/11/202226/12/2022FrenchPDF
Micro model30/06/202115/11/202104/01/2022FrenchPDF
Micro model30/06/202015/11/202023/12/2020FrenchPDF
Micro model30/06/201915/11/201915/11/2019FrenchPDF
Micro model30/06/201831/12/201812/01/2019FrenchPDF
Micro model30/06/201704/12/201722/02/2018FrenchPDF
Abridged model30/06/201605/12/201604/02/2017FrenchPDF
Abridged model30/06/201507/12/201508/01/2016FrenchPDF
Abridged model30/06/201401/12/201417/12/2014FrenchPDF
Abridged model30/06/201302/12/201330/01/2014FrenchPDF
Abridged model30/06/201203/12/201210/12/2012FrenchPDF
Abridged model30/06/201105/12/201128/02/2012FrenchPDF
Abridged model30/06/201006/12/201010/01/2011FrenchPDF
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 · 1 active · 9 ended

Active mandates

Lucie Beyer

Director · since 23 janvier 2009

Active

Ended mandates

Lucie Beyer

Director · since 21 décembre 2023

Ended
Rock Chen

Director · since 21 décembre 2023

Ended
Chen Rock

Manager · since 30 juin 2017

Ended
ROCK CHEN

Director · since 01 avril 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates29/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/01/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/07/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/02/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Other03/02/2009
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 2025-5,1 k €↑
  2. 2024
    Annual accounts 2024-9,1 k €↓
  3. 2023
    Annual accounts 20235,1 k €↓
  4. 2023
    Name changeINTWO SRL
  5. 2022
    Annual accounts 202249,3 k €↑
  6. 2022
    Name changeIN TWO
  7. 2021
    Annual accounts 202142,6 k €↑
  8. 2020
    Annual accounts 202031,4 k €↑
  9. 2019
    Annual accounts 20197,9 k €↑
  10. 2018
    Annual accounts 2018298 €↓
  11. 2017
    Annual accounts 201718,9 k €↑
  12. 2016
    Annual accounts 2016-3,4 k €↓
  13. 2015
    Annual accounts 2015-1,5 k €↓
  14. 2014
    Annual accounts 20141,6 k €↓
  15. 2013
    Annual accounts 20136,1 k €↑
  16. 2012
    Annual accounts 2012391,7 €↓
  17. 2011
    Annual accounts 20113,7 k €↑
  18. 2010
    Annual accounts 20102,1 k €
  19. 23/01/2009
    IncorporationPrivate limited company