In this paper, we continue discussing Q-balls in the Wick--Cutkosky model. Despite Q-balls in this model are composed of two scalar fields, they turn out to be very useful and illustrative for examining various important properties of Q-balls. In particular, in the present paper we study in detail (analytically and numerically) the problem of classical stability of Q-balls, including the nonlinear evolution of classically unstable Q-balls, as well as the behaviour of Q-balls in external fields in the non-relativistic limit.