Financials
Financial year 2025
TWO from Destelbergen, company number BE0465034232, closed financial year 2025 with a result of € 96,316 after tax. For that financial year TWO recorded a gross margin of € 212,783 and equity of € 128,965. Compared with financial year 2024, the result moved from € 181,147 to € 96,316. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 2, 2026.
€ 128,965
▲ 295% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 96,316
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 75,884
▲ 30% 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 € 122,765.
People and assets in 2025
€ 66,901
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 168,530
▼ 46% vs 2024
€ 53,912 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 3,037
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 7,235
▲ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 109,169 | € 299,685 | € 293,420 | € 212,783 | ▼ 27% |
| Profit after taxes | € 44,681 | € 223,500 | € 181,147 | € 96,316 | ▼ 47% |
| Equity | € -370,332 | € -146,832 | € 32,649 | € 128,965 | ▲ 295% |
| Total debts | € 708,392 | € 655,935 | € 323,709 | € 180,150 | ▼ 44% |
| Cash | € 1,826 | € 192,541 | € 58,279 | € 75,884 | ▲ 30% |
| Land & buildings | € 7,155 | € 5,724 | € 4,293 | € 2,862 | ▼ 33% |
| Retained profit | € -376,532 | € -153,032 | € 26,449 | € 122,765 | ▲ € 96,316 |
| Dividend | € 0 | € 0 | € 1,666 | € 0 | ▼ 100% |
| Bank debt | € 689,194 | € 627,354 | € 309,401 | € 168,530 | ▼ 46% |
| Balance sheet total | € 338,059 | € 509,103 | € 356,357 | € 309,115 | ▼ 13% |
Key figures of TWO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to TWO?
What happened at TWO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 96,316 (▼ 47% vs 2024). filed late Source: NBB ↗
- Sofie De Smet became a director. NBB
- New establishment in Destelbergen. KBO
- Start of the company according to the CBE. KBO
- Conrad Tuytte became a director. NBB
In short
From € 44,681 profit in 2022 to € 96,316 profit in 2025.
Paid € 74,219 in corporate taxes since 2022.
Best year ever: 2023, with € 223,500 profit.
Paid out € 1,666 in dividends to the owners in total.
Management
Behind TWO are Sofie De Smet and Conrad Tuytte. Conrad Tuytte is also behind QVIVA.
Directors
According to the 2025 annual accounts
Sofie De Smet
Director
since 2002
since 1998
Establishments
Establishment units
Physical locations of this company
Haenhoutstraat 149
9070 Destelbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.034.232
- VAT number
- BE 0465.034.232
- Registered office
- Haenhoutstraat 149, 9070 Destelbergen
- Names & denominations
- TWO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 1999
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
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