ACTIVE

2 BROTHERS

Financial year 2025 · Closed on 31/12/2025

Net result17,9 k €+337,8 %over 1 year
Gross margin42,4 k €+8,5 %over 1 year
Equity312,6 k €+6,1 %over 1 year
Workforce0,3 ETP

Identity

Source · BCE/KBO

2 BROTHERS is a Private limited company incorporated in 2008. Its main activity is: Retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores. Its registered office is in Mortsel. It employs on average 0,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0899.158.623
Incorporation
03/07/2008
Legal form
Private limited company
Registered office
Statielei 99
2640 Mortsel · FlandreSee on map
Contributed capital
102 000,00 €
Latest accounts
31/12/2025
Average workforce
0,3 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 17 filings

Trend over 17 financial years

20252024202320222021
Income statement
Gross margin42,4 k €39,1 k €116,6 k €23,3 k €17,5 k €
EBITDA14 k €27,1 k €108,2 k €-2,8 k €3 k €
Operating result11,4 k €18,9 k €100,7 k €-10,3 k €-4,6 k €
Net result17,9 k €-7,5 k €92,5 k €-12,2 k €3,7 k €
Balance sheet
Equity312,6 k €294,7 k €302,2 k €209,7 k €221,8 k €
Total assets398,8 k €361,5 k €346,3 k €256,1 k €300,8 k €
Cash2,8 k €24,9 k €27 k €1,7 k €2,7 €
Debts86,2 k €66,8 k €44,1 k €46,5 k €68,7 k €
Other
Workforce0,3 ETP––––

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Paul Mertens
Directorsince 03/07/2008Manager01/07/2008 → 2009 accountsended

Ended mandates

DirectorMandates in this companyPeriod
Marc Mertens
Director03/07/2008 → 2024 accountsAssociate2021 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/07/202618/07/202515/11/202404/07/202302/08/202210/06/2021
General meeting08/06/202610/06/202514/11/202412/06/202306/06/202207/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/06/202629/07/2026DutchPDF
Micro model31/12/202410/06/202518/07/2025DutchPDF
Micro model31/12/202314/11/202415/11/2024DutchPDF
Micro model31/12/202212/06/202304/07/2023DutchPDF
Micro model31/12/202106/06/202202/08/2022DutchPDF
Micro model31/12/202007/06/202110/06/2021DutchPDF
Micro model31/12/201910/06/202009/10/2020DutchPDF
Micro model31/12/201810/06/201913/06/2019DutchPDF
Micro model31/12/201725/06/201817/07/2018DutchPDF
Micro model31/12/201612/06/201723/06/2017DutchPDF
Abridged model31/12/201513/06/201612/07/2016DutchPDF
Abridged model31/12/201429/06/201523/07/2015DutchPDF
Abridged model31/12/201316/06/201411/07/2014DutchPDF
Abridged model31/12/201230/06/201329/07/2013DutchPDF
Abridged model31/12/201130/09/201229/10/2012DutchPDF
Abridged model31/12/201013/06/201105/07/2011DutchPDF
Abridged model31/12/200920/12/201021/12/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

DirectorMandates in this companyPeriod
Paul Mertens
Directorsince 03/07/2008Manager01/07/2008 → 2009 accountsended

Ended mandates

DirectorMandates in this companyPeriod
Marc Mertens
Director03/07/2008 → 2024 accountsAssociate2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/07/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other18/07/2008
    Oprichting
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings17 filings
Mandates
Paul Mertens
Marc Mertens
2008200920102011201220132014201520162017201820192020202120222023202420252026
2 BROTHERS
Statielei 99, 2640 Mortsel
DirectorManager
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Statielei 99, 2640 MortselCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00345949

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
2 BROTHERSCurrent
accounts 2009 → 2025
Accounts 2025 · 2026-00345949

Events

  1. 2025
    Annual accounts 202517,9 k €↑
  2. 2024
    Annual accounts 2024-7,5 k €↓
  3. 2023
    Annual accounts 202392,5 k €↑
  4. 2022
    Annual accounts 2022-12,2 k €↓
  5. 2021
    Annual accounts 20213,7 k €↓
  6. 2020
    Annual accounts 202017,6 k €↑
  7. 2019
    Annual accounts 2019-5,6 k €↑
  8. 2018
    Annual accounts 2018-9,4 k €↑
  9. 2017
    Annual accounts 2017-19 k €↓
  10. 2016
    Annual accounts 20163,7 k €↓
  11. 2015
    Annual accounts 20156,5 k €↓
  12. 2014
    Annual accounts 201415,7 k €↑
  13. 2013
    Annual accounts 20135,5 k €↓
  14. 2012
    Annual accounts 201210,3 k €↑
  15. 2011
    Annual accounts 2011-5 k €↓
  16. 2010
    Annual accounts 201013,8 k €↑
  17. 2009
    Annual accounts 2009-2,4 k €
  18. 03/07/2008
    IncorporationPrivate limited company