ACTIVE

2nd PART

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Financial year 2025 · closed on 31/03/2025

Net result

18,8 k €

-76.3% YoY

Gross margin

101,1 k €

-18.7% YoY

Equity

624,8 k €

+3.1% YoY

What does 2nd PART do?

2nd PART is a Private limited company incorporated in 2009. Its main activity is: Motion picture, video and television programme production activities. Its registered office is in Court-Saint-Etienne.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0821.222.487

Incorporation

02/12/2009

Legal form

Private limited company

Registered office

Rue du Bosquet 7
1490 Court-Saint-Etienne · WallonieSee on map

Contributed capital

12 400,00 €

Latest accounts

31/03/2025

Activities (NACE)

59112Motion picture, video and television programme production activities· main 59112Motion picture, video and television programme production activities 59111Motion picture, video and television programme production activities 59111Motion picture, video and television programme production activities 59201Sound recording and music publishing activities 59201Sound recording and music publishing activities+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	101,1 k €	-18.7%	124,2 k €	+118%	56,9 k €	-48.1%	109,5 k €	+19.0%	92 k €	-53.7%	198,7 k €	+179%	71,3 k €	-70.7%	243,2 k €	+50.1%	162 k €	-23.5%	211,9 k €	+37.3%	154,4 k €	+171%	56,9 k €	-34.1%	86,4 k €
EBITDA	93,5 k €	-23.0%	121,3 k €	+276%	32,2 k €	-65.9%	94,6 k €	+38.4%	68,3 k €	-65.6%	198,7 k €	+354%	43,8 k €	-81.1%	231,4 k €	+6.9%	216,6 k €	+59.4%	135,8 k €	-5.3%	143,4 k €	+218%	45 k €	-47.2%	85,3 k €
Operating result	32,7 k €	-71.1%	113,2 k €	+389%	23,2 k €	-57.8%	54,9 k €	+264%	15,1 k €	-90.8%	164 k €	+439%	30,4 k €	-86.0%	217,9 k €	+4.4%	208,8 k €	+63.3%	127,8 k €	-4.2%	133,4 k €	+288%	34,4 k €	-52.7%	72,8 k €
Net result	18,8 k €	-76.3%	79,4 k €	+548%	12,3 k €	-73.7%	46,7 k €	+304%	11,5 k €	-88.8%	102,6 k €	+256%	28,8 k €	-74.2%	111,8 k €	-6.3%	119,3 k €	+86.2%	64,1 k €	-28.1%	89,1 k €	+339%	20,3 k €	-57.3%	47,5 k €
Balance sheet
Equity	624,8 k €	+3.1%	605,9 k €	-9.5%	669,5 k €	+1.9%	657,3 k €	+33.7%	491,7 k €	+2.4%	480,2 k €	+27.2%	377,6 k €	-9.8%	418,7 k €	+36.4%	306,9 k €	+63.6%	187,7 k €	+51.8%	123,6 k €	+258%	34,5 k €	-42.3%	59,9 k €
Total assets	909,9 k €	+11.6%	815,6 k €	+4.9%	777,7 k €	-44.5%	1,4 M €	+6.5%	1,3 M €	+99.3%	659,8 k €	+11.2%	593,4 k €	+7.0%	554,6 k €	+64.4%	337,2 k €	+4.5%	322,6 k €	+61.6%	199,7 k €	+118%	91,8 k €	+33.1%	69 k €
Cash	41,2 k €	-28.6%	57,7 k €	+40.9%	41 k €	+25.3%	32,7 k €	+142%	13,5 k €	-87.3%	106,3 k €	-6.5%	113,7 k €	-33.5%	171 k €	-1.9%	174,3 k €	-35.9%	271,9 k €	+49.9%	181,4 k €	+226%	55,6 k €	+95.2%	28,5 k €
Debts	211,1 k €	+10.2%	191,6 k €	+113%	90 k €	-87.7%	734 k €	-8.4%	801,6 k €	+409%	157,6 k €	-15.5%	186,4 k €	+49.0%	125,1 k €	+511%	20,5 k €	-65.8%	59,9 k €	-9.7%	66,3 k €	+39.8%	47,4 k €	+421%	9,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 4 ended

Active mandates

Patrick Neys

Director

Active

Ended mandates

Patrick Neys

Director · since 02 décembre 2009

Ended

Patrick Neys

Administrator - manager · since 02 décembre 2009

Ended

PATRICK NEYS

Manager · since 02 décembre 2009

Ended

PATRICK NEYS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/10/2025	25/10/2024	31/10/2023	03/11/2022	03/11/2021	12/11/2020
General meeting	25/09/2025	26/09/2024	28/09/2023	22/09/2022	23/09/2021	24/09/2020
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

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	25/09/2025	31/10/2025	French	PDF
Micro model	31/03/2024	26/09/2024	25/10/2024	French	PDF
Micro model	31/03/2023	28/09/2023	31/10/2023	French	PDF
Micro model	31/03/2022	22/09/2022	03/11/2022	French	PDF
Micro model	31/03/2021	23/09/2021	03/11/2021	French	PDF
Micro model	31/03/2020	24/09/2020	12/11/2020	French	PDF
Micro model	31/03/2019	26/09/2019	29/10/2019	French	PDF
Micro model	31/03/2018	27/09/2018	31/10/2018	French	PDF
Micro model	31/03/2017	28/09/2017	31/10/2017	French	PDF
Abridged model	31/03/2016	22/09/2016	31/10/2016	French	PDF
Abridged model	31/03/2015	24/09/2015	30/09/2015	French	PDF
Abridged model	31/03/2014	25/09/2014	31/10/2014	French	PDF
Abridged model	31/03/2013	26/09/2013	28/10/2013	French	PDF
Abridged model	31/03/2012	27/09/2012	30/10/2012	French	PDF
Abridged model	31/03/2011	22/09/2011	04/11/2011	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/03/2025 · 1 active · 4 ended

Active mandates

Patrick Neys

Director

Active

Ended mandates

Patrick Neys

Director · since 02 décembre 2009

Ended

Patrick Neys

Administrator - manager · since 02 décembre 2009

Ended

PATRICK NEYS

Manager · since 02 décembre 2009

Ended

PATRICK NEYS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/12/2022
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office10/05/2019
SIEGE SOCIAL
PDF
Mandates14/04/2017
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other10/05/2010
DIVERS
PDF
Other18/12/2009
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

2025
Annual accounts 202518,8 k €↓
2024
Annual accounts 202479,4 k €↑
2023
Annual accounts 202312,3 k €↓
2022
Annual accounts 202246,7 k €↑
2019
Annual accounts 201911,5 k €↓
2018
Annual accounts 2018102,6 k €↑
2017
Annual accounts 201728,8 k €↓
2016
Annual accounts 2016111,8 k €↓
2015
Annual accounts 2015119,3 k €↑
2014
Annual accounts 201464,1 k €↓
2013
Annual accounts 201389,1 k €↑
2012
Annual accounts 201220,3 k €↓
2011
Annual accounts 201147,5 k €
02/12/2009
IncorporationPrivate 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

2nd PART

Overview

What does 2nd PART do?

Trend over 13 financial years

Indicative valuation

Board of directors

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