Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 1.1 to 0.5.
Financials
Financial year 2025
S2 from Genk, company number BE0460060310, closed financial year 2025 with a result of € 30,825 after tax. For that financial year S2 recorded a gross margin of € 115,430 and equity of € 258,304. Compared with financial year 2024, the result moved from € -34,475 to € 30,825. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 258,304
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,825
▲ still € 34,475 loss in 2024
Profit after tax over the fiscal year.
€ 34,244
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 56,529 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 24,374
▼ 23% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 20,030
▼ 29% vs 2024
€ 5,807 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 39,134
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,143
▲ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 107,995 | € 150,848 | € 52,640 | € 115,430 | ▲ 119% |
| Profit after taxes | € 4,363 | € 42,962 | € -34,475 | € 30,825 | ▲ € 65,300 |
| Equity | € 275,520 | € 318,482 | € 284,007 | € 258,304 | ▼ 9% |
| Total debts | € 203,823 | € 121,010 | € 187,762 | € 162,209 | ▼ 14% |
| Cash | € 24,320 | € 32,477 | € 54,171 | € 34,244 | ▼ 37% |
| Land & buildings | € 292,447 | € 251,436 | € 233,039 | € 190,637 | ▼ 18% |
| Retained profit | € 105,520 | € 148,482 | € 114,007 | € 88,304 | ▼ 23% |
| Dividend | € 0 | € 0 | € 0 | € 56,529 | |
| Bank debt | € 20,762 | € 10,932 | € 28,342 | € 20,030 | ▼ 29% |
| Balance sheet total | € 479,342 | € 439,492 | € 471,769 | € 420,513 | ▼ 11% |
| Employees (FTE) | 1.4 | 1.1 | 0.6 | 0.5 | ▼ 0.1 |
Key figures of S2, 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 S2?
What happened at S2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,825. Source: NBB ↗
- Ferotact BV became a director. NBB
- New establishment in Genk. KBO
- New establishment in Genk. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,363 profit in 2022 to € 30,825 profit in 2025.
Paid € 13,760 in corporate taxes since 2022.
Best year ever: 2023, with € 42,962 profit.
On average € 137,100 of value added per employee in 2023.
Management
Behind S2 is Ferotact BV. It owns 49% of S2 RENT and 49% of S2 PRO itself.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Zuiderring 62
3600 Genk
Hasseltweg 287
3600 Genk
Active since 4 March 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.060.310
- VAT number
- BE 0460.060.310
- Registered office
- Zuiderring 62, 3600 Genk
- Names & denominations
- S2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1997
- Peppol
- Active · Active since 14 Jul 2022
- Activities · NACE
Verhuur en lease van televisietoestellen en andere audio- en videoapparatuur
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