ACTIVE

TWO²

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Financial year 2025 · closed on 31/12/2025

Net result

-24,3 k €

-581.8% YoY

Gross margin

67,5 k €

-27.2% YoY

Equity

129,9 k €

-15.7% YoY

What does TWO² do?

TWO² is a Private limited company incorporated in 2005. Its registered office is in Wijnegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0874.008.701

Incorporation

24/05/2005

Legal form

Private limited company

Registered office

Rerum Novarumlaan 24
2110 Wijnegem · FlandreSee on map

Contributed capital

66 200,00 €

Latest accounts

31/12/2025

Joint committees (2)

2000
20000

Signals

Positive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	67,5 k €	-27.2%	92,7 k €	+42.5%	65,1 k €	-29.8%	92,6 k €	-0.8%	93,4 k €	+18.0%	79,1 k €	+26.4%	62,6 k €	+10.9%	56,4 k €	+7.8%	52,3 k €	-4.4%	54,8 k €	+52.3%	36,0 k €	-1.0%	36,3 k €	+30.6%	27,8 k €	-16.0%	33,1 k €
EBITDA	26,0 k €	-54.4%	57,1 k €	+67.5%	34,1 k €	-46.6%	63,8 k €	-3.1%	65,9 k €	+19.5%	55,1 k €	+36.0%	40,5 k €	+9.8%	36,9 k €	+5.1%	35,1 k €	-32.1%	51,7 k €	+64.5%	31,4 k €	-6.3%	33,5 k €	+43.0%	23,4 k €	-27.0%	32,1 k €
Operating result	-4,2 k €	-116%	26,6 k €	+880%	-3,4 k €	-116%	21,6 k €	-12.5%	24,7 k €	-29.4%	34,9 k €	+59.5%	21,9 k €	-2.0%	22,4 k €	+11.5%	20,0 k €	-41.0%	34,0 k €	+218%	10,7 k €	-47.1%	20,2 k €	+124%	9,0 k €	+213%	-8,0 k €
Net result	-24,3 k €	-582%	5,0 k €	+130%	-16,8 k €	-306%	8,1 k €	-22.1%	10,4 k €	-51.6%	21,6 k €	+88.5%	11,4 k €	-23.0%	14,9 k €	+58.1%	9,4 k €	-49.9%	18,8 k €	+752%	2,2 k €	-75.2%	8,9 k €	+97.4%	4,5 k €	+149%	-9,2 k €
Balance sheet
Equity	129,9 k €	-15.7%	154,2 k €	+1.0%	152,7 k €	-9.9%	169,4 k €	+0.7%	168,3 k €	+52.4%	110,4 k €	+24.3%	88,9 k €	+3.3%	86,0 k €	+7.8%	79,8 k €	+1.0%	79,0 k €	+14.8%	68,8 k €	+3.3%	66,6 k €	+8.2%	61,5 k €	+7.9%	57,0 k €
Total assets	455,5 k €	-10.7%	509,9 k €	+12.7%	452,3 k €	-5.6%	479,4 k €	-5.7%	508,4 k €	+87.1%	271,7 k €	+27.9%	212,5 k €	+6.7%	199,1 k €	-6.7%	213,5 k €	-3.8%	221,9 k €	-6.6%	237,5 k €	+10.0%	215,9 k €	-5.1%	227,6 k €	-10.8%	255,2 k €
Cash	41,2 k €	-52.2%	86,1 k €	+484%	14,7 k €	+223%	4,6 k €	-65.0%	13,0 k €	-7.9%	14,1 k €	+43240%	32,6 €	-33.3%	48,9 €		–		–		–		–		–		57,6 k €
Debts	315,3 k €	-9.4%	348,0 k €	+20.2%	289,6 k €	-4.5%	303,2 k €	-9.0%	333,0 k €	+109%	159,0 k €	+31.6%	120,9 k €	+15.4%	104,8 k €	-14.8%	123,0 k €	-9.7%	136,2 k €	-17.5%	165,0 k €	+12.0%	147,3 k €	-10.9%	165,3 k €	-16.6%	198,1 k €
Other
Workforce	–		–		–		–		–		0,5 ETP	0.0%	0,5 ETP	0.0%	0,5 ETP	+25.0%	0,4 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 · 1 active · 7 ended

Active mandates

Marc Van Den Kieboom

Director

Active

Ended mandates

Marc Van Den Kieboom

Manager · since 01 juillet 2005

Ended

Marc Van Den Kieboom

Director · since 24 mai 2005

Ended

Marc Van Den Kieboom

Manager · since 24 mai 2005

Ended

Marc Van Den Kieboom

Director · since 11 mai 2005

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	01/01/2025	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	08/06/2026	23/06/2025	13/07/2024	23/05/2023	14/06/2022	22/07/2021
General meeting	04/06/2026	23/06/2025	12/07/2024	17/05/2023	13/06/2022	20/07/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/06/2026	08/06/2026	Dutch	PDF
Micro model	31/12/2024	23/06/2025	23/06/2025	Dutch	PDF
Micro model	31/12/2023	12/07/2024	13/07/2024	Dutch	PDF
Micro model	31/12/2022	17/05/2023	23/05/2023	Dutch	PDF
Micro model	31/12/2021	13/06/2022	14/06/2022	Dutch	PDF
Micro model	31/12/2020	20/07/2021	22/07/2021	Dutch	PDF
Micro model	31/12/2019	29/06/2020	09/07/2020	Dutch	PDF
Micro model	31/12/2018	08/06/2019	28/06/2019	Dutch	PDF
Micro model	31/12/2017	09/06/2018	19/06/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	07/07/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	13/06/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	17/06/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	18/06/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	11/06/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	07/07/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	17/06/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	11/07/2008	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	04/07/2007	Dutch	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 · 1 active · 7 ended

Active mandates

Marc Van Den Kieboom

Director

Active

Ended mandates

Marc Van Den Kieboom

Manager · since 01 juillet 2005

Ended

Marc Van Den Kieboom

Director · since 24 mai 2005

Ended

Marc Van Den Kieboom

Manager · since 24 mai 2005

Ended

Marc Van Den Kieboom

Director · since 11 mai 2005

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/10/2022
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office26/07/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates15/01/2007
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other01/06/2005
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

2025
Annual accounts 2025-24,3 k €↓
2024
Annual accounts 20245,0 k €↑
2023
Annual accounts 2023-16,8 k €↓
2022
Annual accounts 20228,1 k €↓
2021
Annual accounts 202110,4 k €↓
2014
Annual accounts 201421,6 k €↑
2013
Annual accounts 201311,4 k €↓
2012
Annual accounts 201214,9 k €↑
2011
Annual accounts 20119,4 k €↓
2010
Annual accounts 201018,8 k €↑
2009
Annual accounts 20092,2 k €↓
2008
Annual accounts 20088,9 k €↑
2007
Annual accounts 20074,5 k €↑
2006
Annual accounts 2006-9,2 k €
24/05/2005
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

TWO²

Overview

What does TWO² do?

Trend over 14 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