Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
The Two Continents from Kraainem, company number BE0677899049, closed financial year 2024 with a result of € -3,896 after tax. For that financial year The Two Continents recorded a gross margin of € -2,228 and equity of € -10,491. Compared with financial year 2023, the result moved from € -14,045 to € -3,896. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2025.
€ -10,491
▼ € 3,896 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,896
▲ 72 % less loss than in 2023
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16,691.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,576
▲ € 1,258 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 245
▼ 95% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 3,076 | € 14,352 | € -9,106 | € -2,228 | ▲ € 6,878 |
| Profit after taxes | € 1,299 | € 7,932 | € -14,045 | € -3,896 | ▲ € 10,149 |
| Equity | € -482 | € 7,450 | € -6,595 | € -10,491 | ▼ € 3,896 |
| Total debts | € 53,521 | € 52,372 | € 16,563 | € 11,522 | ▼ 30% |
| Cash | € 21,484 | € 41,939 | € 8,494 | € 0 | ▼ 100% |
| Retained profit | € -6,682 | € 1,250 | € -12,795 | € -16,691 | ▼ € 3,896 |
| Balance sheet total | € 53,039 | € 59,822 | € 9,969 | € 1,031 | ▼ 90% |
Key figures of The Two Continents, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to The Two Continents?
What happened at The Two Continents in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 3,896. Source: NBB ↗
- New establishment in Sint-Jans-Molenbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,299 profit in 2021 to € 3,896 loss in 2024.
Paid € 1,176 in corporate taxes since 2021.
Best year ever: 2022, with € 7,932 profit.
Management
Behind The Two Continents is Bojan NENIC.
Directors
According to the 2024 annual accounts
Bojan NENIC
Director
Establishments
Establishment units
Physical locations of this company
Steenweg op Mechelen 455 box 1
1950 Kraainem
Gentsesteenweg 334
1080 Sint-Jans-Molenbeek
Active since 5 July 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0677.899.049
- VAT number
- BE 0677.899.049
- Registered office
- Steenweg op Mechelen 455 bus 1, 1950 Kraainem
- Names & denominations
- The Two Continents
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2017
- Peppol
- Active · Active since 1 Oct 2026
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