ACTIVE

by2.be

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Financial year 2025 · closed on 31/12/2025

Net result

315,8 k €

-29.4% YoY

Gross margin

524,2 k €

-20.4% YoY

Equity

719,3 k €

+71.5% YoY

What does by2.be do?

by2.be is a Private limited company incorporated in 2007. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0890.991.025

Incorporation

20/07/2007

Legal form

Private limited company

Registered office

Kolenkaai 68 box 1
8000 Brugge · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	524,2 k €	-20.4%	658,1 k €	+341%	149,2 k €	+31.1%	113,8 k €	+252%	32,4 k €	+195%	11 k €	-60.6%	27,9 k €	+236%	8,3 k €	+634%	-1,6 k €	-178%	2 k €	-60.5%	5 k €	-87.3%	39,5 k €	+358%	8,6 k €	+318%	-3,9 k €	-146%	8,7 k €
EBITDA	520,3 k €	-20.7%	656,4 k €	+341%	148,7 k €	+31.3%	113,3 k €	+255%	31,9 k €	+232%	9,6 k €	-64.2%	26,9 k €	+301%	6,7 k €	+377%	-2,4 k €	-374%	882 €	-75.7%	3,6 k €	-90.6%	38,7 k €	+443%	7,1 k €	+210%	-6,5 k €	-175%	8,6 k €
Operating result	482,3 k €	-19.9%	602,5 k €	+310%	146,8 k €	+32.2%	111 k €	+364%	23,9 k €	+1044%	2,1 k €	-89.3%	19,6 k €	+2158%	866 €	+110%	-8,3 k €	-1258%	715 €	-58.7%	1,7 k €	-95.3%	36,5 k €	+620%	5,1 k €	+154%	-9,4 k €	-417%	3 k €
Net result	315,8 k €	-29.4%	447,2 k €	+325%	105,3 k €	+27.5%	82,5 k €	+421%	15,8 k €	+1888%	797,2 €	-94.9%	15,5 k €	+7731%	198 €	-77.0%	860,7 €	+2508%	33 €	-94.6%	612 €	-97.4%	23,1 k €	+361%	5 k €	+153%	-9,4 k €	-938%	1,1 k €
Balance sheet
Equity	719,3 k €	+71.5%	419,4 k €	+38.0%	303,9 k €	+49.3%	203,6 k €	+436%	38 k €	+60.0%	23,8 k €	+3.5%	23 k €	+5.6%	21,7 k €	+0.9%	21,5 k €	+160%	8,3 k €	+0.4%	8,2 k €	+8.0%	7,6 k €	+163%	2,9 k €	+237%	-2,1 k €	-129%	7,3 k €
Total assets	2,9 M €	+80.4%	1,6 M €	+356%	353,8 k €	+25.3%	282,3 k €	+128%	123,6 k €	+58.6%	77,9 k €	+30.9%	59,5 k €	+20.1%	49,6 k €	-17.1%	59,8 k €	+322%	14,2 k €	-35.7%	22 k €	-37.0%	35 k €	+193%	11,9 k €	+121%	5,4 k €	-45.6%	9,9 k €
Cash	74,4 k €	-25.9%	100,5 k €	-34.5%	153,4 k €	+105%	74,7 k €	+9.1%	68,4 k €	+79.6%	38,1 k €	+12.9%	33,8 k €	+424%	6,4 k €	-63.8%	17,8 k €	+498%	3 k €	-83.7%	18,2 k €	-19.9%	22,8 k €	+566%	3,4 k €	+78.4%	1,9 k €	-40.0%	3,2 k €
Debts	2,2 M €	+83.6%	1,2 M €	+2292%	49,9 k €	-36.6%	78,7 k €	-8.1%	85,6 k €	+58.0%	54,2 k €	+48.1%	36,6 k €	+36.5%	26,8 k €	-30.0%	38,3 k €	+548%	5,9 k €	-57.2%	13,8 k €	-49.5%	27,3 k €	+203%	9 k €	+20.3%	7,5 k €	+192%	2,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Ivo Dancet

Director

Active

Wouter Vancraeynest

Director

Active

Ended mandates

Ivo Dancet

Director · since 20 juillet 2007

Ended

Ivo Dancet

Manager · since 20 juillet 2007

Ended

Wouter Vancraeynest

Director · since 20 juillet 2007

Ended

Wouter Vancraeynest

Manager · since 20 juillet 2007

Ended

At this address

Other companies at this address

Company	CBE no.
BAUWENS CROSSMEDIA● Active	0823.222.568
LICHTVIS● Active	0635.559.440
Vereniging van Mede-eigenaars Gebouw Brugge Kolenkaai 68● Active	0893.912.111

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	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	18 months	12 months	12 months	12 months	12 months
Filing date	09/07/2026	04/06/2025	10/11/2023	12/10/2022	22/10/2021	22/09/2020
General meeting	30/06/2026	30/05/2025	16/10/2023	07/10/2022	18/10/2021	22/09/2020
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

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	09/07/2026	Dutch	PDF
Micro model	31/12/2024	30/05/2025	04/06/2025	Dutch	PDF
Micro model	30/06/2023	16/10/2023	10/11/2023	Dutch	PDF
Micro model	30/06/2022	07/10/2022	12/10/2022	Dutch	PDF
Micro model	30/06/2021	18/10/2021	22/10/2021	Dutch	PDF
Micro model	30/06/2020	22/09/2020	22/09/2020	Dutch	PDF
Micro model	30/06/2019	28/01/2020	29/01/2020	Dutch	PDF
Micro model	30/06/2018	30/08/2018	05/09/2018	Dutch	PDF
Micro model	30/06/2017	28/12/2017	26/01/2018	Dutch	PDF
Abridged model	30/06/2016	29/12/2016	23/01/2017	Dutch	PDF
Abridged model	30/06/2015	31/12/2015	12/01/2016	Dutch	PDF
Abridged model	30/06/2014	25/12/2014	16/01/2015	Dutch	PDF
Abridged model	30/06/2013	17/01/2014	13/02/2014	Dutch	PDF
Abridged model	30/06/2012	17/12/2012	20/12/2012	Dutch	PDF
Abridged model	30/06/2011	19/12/2011	21/12/2011	Dutch	PDF
Abridged model	30/06/2010	31/12/2010	27/01/2011	Dutch	PDF
Abridged model	30/06/2009	18/12/2009	18/12/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 31/12/2025 · 2 active · 8 ended

Active mandates

Ivo Dancet

Director

Active

Wouter Vancraeynest

Director

Active

Ended mandates

Ivo Dancet

Director · since 20 juillet 2007

Ended

Ivo Dancet

Manager · since 20 juillet 2007

Ended

Wouter Vancraeynest

Director · since 20 juillet 2007

Ended

Wouter Vancraeynest

Manager · since 20 juillet 2007

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other11/07/2025
DOEL
PDF
Registered office02/01/2025
MAATSCHAPPELIJKE ZETEL
PDF
Registered office26/06/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/02/2024
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Registered office11/12/2013
Verplaatsing maatschappelijke zetel
PDF
Other30/07/2007
OPRICHTING
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 2025315,8 k €↓
2024
Annual accounts 2024447,2 k €↑
2023
Annual accounts 2023105,3 k €↑
2022
Annual accounts 202282,5 k €↑
2019
Annual accounts 201915,8 k €↑
2018
Annual accounts 2018797,2 €↓
2017
Annual accounts 201715,5 k €↑
2016
Annual accounts 2016198 €↓
2015
Annual accounts 2015860,7 €↑
2014
Annual accounts 201433 €↓
2013
Annual accounts 2013612 €↓
2012
Annual accounts 201223,1 k €↑
2011
Annual accounts 20115 k €↑
2010
Annual accounts 2010-9,4 k €↓
2009
Annual accounts 20091,1 k €
20/07/2007
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

by2.be

Overview

What does by2.be do?

Trend over 15 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