ACTIVE

2 WORK

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Financial year 2025 · closed on 31/03/2025
Net result
81,7 k €
+787.2% YoY
Gross margin
137,1 k €
+473.1% YoY
Equity
193,7 k €
+73.0% YoY

What does 2 WORK do?

2 WORK is a Private limited company incorporated in 2007. Its main activity is: Site preparation. Its registered office is in Court-Saint-Etienne.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0893.938.637
Incorporation
27/11/2007
Legal form
Private limited company
Registered office
Clos de la Gala 22
1490 Court-Saint-Etienne · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/03/2025
Activities (NACE)
43120Site preparation· main43120Site preparation43230Electrical, plumbing and other construction installation activities43291Other construction installation43333Floor and wall covering43333Floor and wall covering+6
Signals
ProfitableSolid equityLow 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

202520242023202220192018201720162015201420132012201120102009
Income statement
Gross margin137,1 k €23,9 k €42,1 k €34,5 k €76,9 k €61,8 k €35,4 k €-507,6 €-4,4 k €-129,6 €9 k €33,6 k €-21 k €-933,2 €76,8 k €
EBITDA135 k €23,2 k €40,2 k €33,6 k €31,4 k €18,2 k €14,2 k €-1,2 k €-4,9 k €-601,1 €8,5 k €33,2 k €-22 k €-2,1 k €33 k €
Operating result123,7 k €15,7 k €37,3 k €27,5 k €15,5 k €3,7 k €4,8 k €-1,2 k €-4,9 k €-4,1 k €5 k €29,4 k €-22,7 k €-3,2 k €31,6 k €
Net result81,7 k €9,2 k €23,7 k €18,1 k €9,4 k €3,2 k €4,9 k €-1,8 k €-5,1 k €-4,4 k €3,6 k €27,9 k €-23,1 k €-3,7 k €21,1 k €
Balance sheet
Equity193,7 k €112 k €102,8 k €79 k €38,1 k €28,7 k €25,5 k €20,6 k €22,4 k €27,5 k €31,9 k €28,4 k €415,1 €23,5 k €27,3 k €
Total assets354,4 k €177,7 k €220 k €144,7 k €120,9 k €146,7 k €135,3 k €21,9 k €33,6 k €44,7 k €54,5 k €49,6 k €9,9 k €53 k €43,2 k €
Cash154,4 k €1,3 k €1,1 k €5,9 k €23,3 k €6,8 k €–9,4 k €7,6 k €33,5 k €33,5 k €24,6 k €124,4 €12,7 k €8,1 k €
Debts160,6 k €65,7 k €117,1 k €65,7 k €82,7 k €118 k €109,8 k €1,4 k €11,3 k €17,2 k €22,6 k €21,2 k €9,5 k €29 k €15,3 k €
Other
Workforce––––––––––––––0,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 4 active · 5 ended

Active mandates

Entreprise T.D.R.

Administrator - manager · since 01 janvier 2025 · 0441.495.993

Represented by Patrick Thonon

Active
Entreprise T.D.R.

Director · since 01 janvier 2025 · 0441.495.993

Represented by Patrick Thonon

Active
T&C Projects

Administrator - manager · since 01 janvier 2025 · 0719.382.088

Represented by Thomas Installe

Active
T&C Projects

Director · since 01 janvier 2025 · 0719.382.088

Represented by Thomas Installe

Active

Ended mandates

Thomas Installe

Administrator - manager · since 01 octobre 2016

Ended
THOMAS INSTALLE

Manager · since 01 octobre 2016

Ended
Patrick Thonon

Administrator - manager · since 28 novembre 2007

Ended
LEON BOUVY

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
Entreprise T.D.R.● Active
0441.495.993
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/10/202524/09/202419/10/202320/10/202227/10/202110/11/2020
General meeting16/09/202517/09/202419/09/202320/09/202221/09/202115/09/2020
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202516/09/202515/10/2025FrenchPDF
Micro model31/03/202417/09/202424/09/2024FrenchPDF
Micro model31/03/202319/09/202319/10/2023FrenchPDF
Micro model31/03/202220/09/202220/10/2022FrenchPDF
Micro model31/03/202121/09/202127/10/2021FrenchPDF
Micro model31/03/202015/09/202010/11/2020FrenchPDF
Micro model31/03/201917/09/201924/10/2019FrenchPDF
Micro model31/03/201818/09/201831/10/2018FrenchPDF
Micro model31/03/201719/09/201731/10/2017FrenchPDF
Abridged model31/03/201620/09/201627/10/2016FrenchPDF
Abridged model31/03/201515/09/201524/09/2015FrenchPDF
Abridged model31/03/201416/09/201430/10/2014FrenchPDF
Abridged model31/03/201317/09/201330/10/2013FrenchPDF
Abridged model31/03/201218/09/201231/10/2012FrenchPDF
Abridged model31/03/201120/09/201107/11/2011FrenchPDF
Abridged model31/03/201023/09/201018/11/2010FrenchPDF
Abridged model31/03/200915/09/200924/11/2009FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/03/2025 · 4 active · 5 ended

Active mandates

Entreprise T.D.R.

Administrator - manager · since 01 janvier 2025 · 0441.495.993

Represented by Patrick Thonon

Active
Entreprise T.D.R.

Director · since 01 janvier 2025 · 0441.495.993

Represented by Patrick Thonon

Active
T&C Projects

Administrator - manager · since 01 janvier 2025 · 0719.382.088

Represented by Thomas Installe

Active
T&C Projects

Director · since 01 janvier 2025 · 0719.382.088

Represented by Thomas Installe

Active

Ended mandates

Thomas Installe

Administrator - manager · since 01 octobre 2016

Ended
THOMAS INSTALLE

Manager · since 01 octobre 2016

Ended
Patrick Thonon

Administrator - manager · since 28 novembre 2007

Ended
LEON BOUVY

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/09/2022
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates23/10/2017
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/02/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office06/08/2010
    SIEGE SOCIAL
    PDF
  • Other14/12/2007
    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 202581,7 k €↑
  2. 2024
    Annual accounts 20249,2 k €↓
  3. 2023
    Annual accounts 202323,7 k €↑
  4. 2022
    Annual accounts 202218,1 k €↑
  5. 2019
    Annual accounts 20199,4 k €↑
  6. 2018
    Annual accounts 20183,2 k €↓
  7. 2017
    Annual accounts 20174,9 k €↑
  8. 2016
    Annual accounts 2016-1,8 k €↑
  9. 2015
    Annual accounts 2015-5,1 k €↓
  10. 2014
    Annual accounts 2014-4,4 k €↓
  11. 2013
    Annual accounts 20133,6 k €↓
  12. 2012
    Annual accounts 201227,9 k €↑
  13. 2011
    Annual accounts 2011-23,1 k €↓
  14. 2010
    Annual accounts 2010-3,7 k €↓
  15. 2009
    Annual accounts 200921,1 k €
  16. 27/11/2007
    IncorporationPrivate limited company