ACTIVE

2LEARN

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

20,6 k €

+254.4% YoY

Gross margin

295,8 k €

+47.7% YoY

Equity

33,5 k €

+159.7% YoY

Workforce

4,7 ETP

0.0% YoY

What does 2LEARN do?

2LEARN is a Public limited company incorporated in 2009. Its main activity is: Other education n.e.c.. Its registered office is in Fernelmont. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0811.635.523

Incorporation

09/05/2009

Legal form

Public limited company

Registered office

Grand-Route, Hing. 63 box 6
5380 Fernelmont · WallonieSee on map

Contributed capital

205 936,00 €

Latest accounts

31/12/2025

Average workforce

4,7 ETP

Activities (NACE)

85592Other education n.e.c.· main 85592Other education n.e.c.70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (2)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2013		2012		2011		2010
Income statement
Gross margin	295,8 k €	+47.7%	200,2 k €	-34.1%	303,8 k €	+2.4%	296,7 k €	-24.6%	393,4 k €	+24.1%	317,1 k €	-11.9%	359,9 k €	+59.9%	225,1 k €	-43.5%	398,3 k €	+8.0%	368,6 k €	+62.0%	227,6 k €	+12.8%	201,7 k €	+76.8%	114,1 k €	+104%	55,8 k €	-42.4%	96,8 k €	-13.4%	111,7 k €	+604%	15,9 k €
EBITDA	33,2 k €	+126%	14,7 k €	-71.7%	51,9 k €	+285%	-28,1 k €	-123%	124,0 k €	+4.8%	118,3 k €	-3.3%	122,4 k €	+269%	33,2 k €	-80.9%	173,4 k €	+3.4%	167,8 k €	+454%	30,3 k €	-53.9%	65,6 k €	-13.4%	75,8 k €	+411%	-24,4 k €	-207%	22,9 k €	-38.5%	37,2 k €	+216%	-32,1 k €
Operating result	-1,0 k €	+97.7%	-45,2 k €	-17.5%	-38,4 k €	+60.4%	-97,1 k €	-290%	51,2 k €	+58.6%	32,3 k €	+46.8%	22,0 k €	+132%	-67,9 k €	-210%	61,9 k €	-17.8%	75,4 k €	+250%	-50,4 k €	-327%	22,3 k €	-64.5%	62,8 k €	+217%	-53,6 k €	-23723%	-225,0 €	-101%	20,9 k €	+146%	-45,1 k €
Net result	20,6 k €	+254%	5,8 k €	+110%	-56,3 k €	+51.6%	-116,5 k €	-671%	20,4 k €	+111%	9,7 k €	+15348%	62,6 €	+100%	-76,1 k €	-396%	25,7 k €	-53.9%	55,8 k €	+198%	-56,8 k €	-398%	19,0 k €	-70.5%	64,5 k €	+213%	-57,1 k €	-15172%	-374,0 €	-102%	19,5 k €	+140%	-48,1 k €
Balance sheet
Equity	33,5 k €	+160%	12,9 k €	+82.0%	7,1 k €	-88.8%	63,4 k €	-46.0%	117,5 k €	+21.0%	97,1 k €	+11.1%	87,4 k €	+0.1%	87,3 k €	-46.6%	163,4 k €	+16.8%	139,9 k €	+66.3%	84,1 k €	-16.6%	100,9 k €	+23.3%	81,8 k €	+371%	17,4 k €	-76.7%	74,5 k €	-0.5%	74,8 k €	+35.1%	55,4 k €
Total assets	634,1 k €	-13.6%	734,2 k €	-20.9%	928,1 k €	+7.9%	859,9 k €	-20.5%	1,1 M €	+21.5%	889,5 k €	+1.3%	878,3 k €	+29.3%	679,5 k €	-3.7%	705,9 k €	+29.6%	544,8 k €	+4.8%	519,9 k €	+79.4%	289,9 k €	+51.3%	191,6 k €	+61.6%	118,6 k €	-17.1%	143,0 k €	-14.2%	166,7 k €	+19.2%	139,8 k €
Cash	36,1 k €	-52.3%	75,7 k €	+589%	11,0 k €	-80.4%	56,2 k €	-59.0%	136,8 k €	+544%	21,2 k €	-56.0%	48,2 k €	-30.3%	69,2 k €	+49.7%	46,2 k €	+30.6%	35,4 k €	+0.1%	35,3 k €	-24.0%	46,5 k €	+47.3%	31,6 k €	+106%	15,3 k €	-41.9%	26,4 k €	-27.4%	36,4 k €	-47.7%	69,6 k €
Debts	595,7 k €	-17.2%	719,6 k €	-21.9%	921,0 k €	+16.8%	788,8 k €	-13.2%	908,4 k €	+23.8%	734,0 k €	+0.5%	730,5 k €	+35.4%	539,5 k €	-0.3%	541,0 k €	+33.7%	404,7 k €	-6.8%	434,3 k €	+130%	189,0 k €	+72.2%	109,8 k €	+9.0%	100,7 k €	+47.0%	68,5 k €	-25.4%	91,9 k €	+8.8%	84,4 k €
Other
Workforce	4,7 ETP	0.0%	4,7 ETP	-36.5%	7,4 ETP	-11.9%	8,4 ETP	+13.5%	7,4 ETP	+12.1%	6,6 ETP	-13.2%	7,6 ETP	-8.4%	8,3 ETP	+20.3%	6,9 ETP	+1.5%	6,8 ETP	-2.9%	7,0 ETP	+112%	3,3 ETP	+37.5%	2,4 ETP	+20.0%	2,0 ETP	-13.0%	2,3 ETP	+4.5%	2,2 ETP	+37.5%	1,6 ETP

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 · 3 active · 38 ended

Active mandates

Christophe GOFFARD

Managing director · since 29 juin 2021 · until 17 mai 2027

Active

Frédéric VERWILGHEN

Director · since 29 juin 2021 · until 17 mai 2027

Active

NAMUR INVEST PREFACE

Director · since 29 juin 2021 · until 17 mai 2027 · 0473.771.358

Represented by Nicolas DELAHAYE

Active

Ended mandates

Christophe GOFFARD

Managing director · since 29 juin 2021 · until 20 mai 2024

Ended

Christophe GOFFARD

Managing director · since 29 juin 2021 · until 21 juin 2024

Ended

Christophe GOFFARD

Managing director · since 29 juin 2021

Ended

Frédéric VERWILGHEN

Director · since 29 juin 2021 · until 20 mai 2024

Ended

At this address

Other companies at this address

Company	CBE no.
MATH'IMMO● Active	1007.480.897

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	04/06/2026	18/06/2025	04/07/2024	29/08/2023	27/10/2022	08/07/2021
General meeting	18/05/2026	19/05/2025	21/06/2024	20/07/2023	20/10/2022	29/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/05/2026	04/06/2026	French	PDF
Abridged model	31/12/2024	19/05/2025	18/06/2025	French	PDF
Abridged model	31/12/2023	21/06/2024	04/07/2024	French	PDF
Abridged model	31/12/2022	20/07/2023	29/08/2023	French	PDF
Abridged model	31/12/2021	20/10/2022	27/10/2022	French	PDF
Abridged model	31/12/2020	29/06/2021	08/07/2021	French	PDF
Abridged model	31/12/2019	24/08/2020	26/10/2020	French	PDF
Abridged model	31/12/2018	20/08/2019	30/08/2019	French	PDF
Abridged model	31/12/2017	22/05/2018	30/05/2018	French	PDF
Abridged model	31/12/2016	22/05/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	01/06/2016	French	PDF
Abridged model	31/12/2014	17/06/2015	18/06/2015	French	PDF
Abridged model	31/12/2013	31/03/2014	06/05/2014	French	PDF
Abridged model	30/06/2013	09/12/2013	10/12/2013	French	PDF
Abridged model	30/06/2012	29/01/2013	31/01/2013	French	PDF
Abridged model	30/06/2011	15/12/2011	17/12/2011	French	PDF
Abridged model	30/06/2010	23/11/2010	02/12/2010	French	PDF

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 · 3 active · 38 ended

Active mandates

Christophe GOFFARD

Managing director · since 29 juin 2021 · until 17 mai 2027

Active

Frédéric VERWILGHEN

Director · since 29 juin 2021 · until 17 mai 2027

Active

NAMUR INVEST PREFACE

Director · since 29 juin 2021 · until 17 mai 2027 · 0473.771.358

Represented by Nicolas DELAHAYE

Active

Ended mandates

Christophe GOFFARD

Managing director · since 29 juin 2021 · until 20 mai 2024

Ended

Christophe GOFFARD

Managing director · since 29 juin 2021 · until 21 juin 2024

Ended

Christophe GOFFARD

Managing director · since 29 juin 2021

Ended

Frédéric VERWILGHEN

Director · since 29 juin 2021 · until 20 mai 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/03/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates24/11/2022
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates27/10/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates10/07/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates05/07/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates13/05/2016
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Capital / shares25/01/2016
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates13/07/2015
DEMISSIONS, NOMINATIONS
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 202520,6 k €↑
2024
Annual accounts 20245,8 k €↑
2023
Annual accounts 2023-56,3 k €↑
2022
Annual accounts 2022-116,5 k €↓
2021
Annual accounts 202120,4 k €↑
2020
Annual accounts 20209,7 k €↑
2019
Annual accounts 201962,6 €↑
2018
Annual accounts 2018-76,1 k €↓
2017
Annual accounts 201725,7 k €↓
2016
Annual accounts 201655,8 k €↑
2015
Annual accounts 2015-56,8 k €↓
2014
Annual accounts 201419,0 k €↓
2013
Annual accounts 201364,5 k €↑
2013
Annual accounts 2013-57,1 k €↓
2012
Annual accounts 2012-374,0 €↓
2011
Annual accounts 201119,5 k €↑
2010
Annual accounts 2010-48,1 k €
09/05/2009
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

2LEARN

Overview

What does 2LEARN do?

Trend over 17 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