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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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
2BOW from Knokke-Heist, company number BE0784787507, closed financial year 2025 with a result of € -21,096 after tax. For that financial year 2BOW recorded a gross margin of € 71,790 and equity of € 91,230. Compared with financial year 2024, the result moved from € 12,326 to € -21,096. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 91,230
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -21,096
▼ still € 12,326 profit in 2024
Profit after tax over the fiscal year.
€ 23,912
▲ € 18,368 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8,770.
Debts at end 2025
€ 759,501
▼ 30% vs 2024
€ 10,263 is repaid this year. At this pace the long-term loan is gone in ≈ 74 years.
€ 2,500
▼ 76% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 103,695 | € 71,790 | ▼ 31% |
| Profit after taxes | € 12,326 | € -21,096 | ▼ € 33,422 |
| Equity | € 112,326 | € 91,230 | ▼ 19% |
| Total debts | € 1,956,853 | € 1,361,002 | ▼ 30% |
| Cash | € 5,544 | € 23,912 | ▲ € 18,368 |
| Land & buildings | € 694,940 | € 677,073 | ▼ 3% |
| Retained profit | € 12,326 | € -8,770 | ▼ € 21,096 |
| Bank debt | € 1,078,727 | € 759,501 | ▼ 30% |
| Balance sheet total | € 2,069,179 | € 1,452,232 | ▼ 30% |
Key figures of 2BOW, fiscal years 2024 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to 2BOW?
What happened at 2BOW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 21,096 (▼ € 33,422 vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
- Cedric Biebauw became a director. NBB
- Christophe Biebauw became a director. NBB
In short
From € 12,326 profit in 2024 to € 21,096 loss in 2025.
Paid € 7,803 in corporate taxes since 2024.
Best year ever: 2024, with € 12,326 profit.
Management
Behind 2BOW are Cedric Biebauw and Christophe Biebauw. Cedric Biebauw is also behind Iskariot, besox finance, DE RIECK, besox verzekeringen and BE-FIN.
Directors
According to the 2025 annual accounts
Cedric Biebauw
Director
Also active at: Iskariot, besox finance, DE RIECK, besox verzekeringen, BE-FIN, PACOBI, Vavedis Belgium, Vuylsteke Verzekeringen, partner van besox verzekeringen +1 more
since 2022
Christophe Biebauw
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Kalvekeetdijk 179 box 7
8300 Knokke-Heist
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.
All companies at this address →besox finance same network
€ 1.5 million gross margin · 2025
Domus
€ 1.8 million gross margin · 2025
F.O.I. in vereffening
€ -11,723 gross margin · 2026
bonyf
€ 369,403 revenue · 2025
ARCHITEKTENBUREAU PROJECT
€ -6,180 gross margin · 2025
+50 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0784.787.507
- VAT number
- BE 0784.787.507
- Registered office
- Kalvekeetdijk 179 bus 7, 8300 Knokke-Heist
- Names & denominations
- 2BOW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2022
- Peppol
- Active · Active since 27 May 2025
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en exploitatie van terreinen
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Vermogensbeheer