Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
2 BY 2 from Antwerpen, company number BE0453139854, closed financial year 2025 with a result of € 387,129 after tax. For that financial year 2 BY 2 recorded revenue of € 41.4 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 55,347 to € 387,129. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ 2.3 million
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 387,129
▲ € 331,782 vs 2024
Profit after tax over the fiscal year.
€ 114,383
▲ 47% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
People and assets in 2025
10.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 923,683
▲ 7% vs 2024
€ 88,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 70,866
▼ 29% vs 2024
Of which on lease € 64,017.
Debts at end 2025
€ 4.5 million
▲ 116% vs 2024
€ 18,811 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 4 million
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 37 days on average.
€ 399,019
▲ 56% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 35,753,655 | € 37,961,280 | € 43,069,139 | € 41,366,603 | ▼ 4% |
| Profit after taxes | € 119,093 | € 173,844 | € 55,347 | € 387,129 | ▲ € 331,782 |
| Equity | € 1,654,234 | € 1,828,078 | € 1,883,424 | € 2,270,553 | ▲ 21% |
| Total debts | € 6,688,393 | € 10,372,800 | € 7,873,137 | € 8,970,395 | ▲ 14% |
| Cash | € 660,150 | € 234,944 | € 77,942 | € 114,383 | ▲ 47% |
| Retained profit | € 1,530,234 | € 1,704,078 | € 1,759,424 | € 2,146,553 | ▲ 22% |
| Bank debt | € 2,475,267 | € 5,222,963 | € 2,093,940 | € 4,522,296 | ▲ 116% |
| Balance sheet total | € 8,377,229 | € 12,238,006 | € 9,794,538 | € 11,278,828 | ▲ 15% |
| Employees (FTE) | 10.9 | 11.7 | 10 | 10.5 | ▲ 0.5 |
Key figures of 2 BY 2, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to 2 BY 2?
What happened at 2 BY 2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arun Garg stepped down as director. NBB
- Vinod Kumar stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 387,129 (▲ € 331,782 vs 2024). filed late Source: NBB ↗
- Arun Garg became a director. NBB
- Vinod Kumar became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 119,093 profit in 2022 to € 387,129 profit in 2025.
Paid € 297,120 in corporate taxes since 2022.
Best year ever: 2025, with € 387,129 profit.
Pays suppliers within 37 days on average.
A new publication or filing at 2 BY 2? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by TAURUS GROUP BV (100%).
Directors
According to the 2025 annual accounts
Arun Garg
Director
since 2023 · until 2029
Vinod Kumar
Director
since 2023 · until 2029
Shareholders
TAURUS GROUP BV
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Elsenstraat 2B
2170 Antwerpen
Elsenstraat 2 B
2170 Antwerpen
Active since 23 August 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0453.139.854
- VAT number
- BE 0453.139.854
- Registered office
- Elsenstraat 2B, 2170 Antwerpen
- Names & denominations
- 2 BY 2
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 1994
- Peppol
- Active · Active since 9 Oct 2025
- Activities · NACE
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