2BeeBuild
ActiveSummary
2BeeBuild has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €478k and a net result of €-6k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-3
Solvency33▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.34 in 2024; short-term debt: 67.9% and cash: 1.7% of total assets), and 91.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.5%
Return on assets
-0.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
on the day
2023
on the day
2022
3 d early
2021
54 d early
2020
29 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€478k▼ 1.3%
2024 · €484k
2018: €74klowest in 8 years
2019: €131k▲ +77.2% vs 2018
2020: €149k▲ +13.4% vs 2019
2021: €206k▲ +38.3% vs 2020
2022: €513k▲ +149% vs 2021highest in 8 years
2023: €424k▼ -17.3% vs 2022
2024: €484k▲ +14.2% vs 2023
2025: €478k▼ -1.3% vs 2024
2018 → 2025
Total assets
€5.64M▲ 85.7%
2024 · €3.04M
2018: €1.05Mlowest in 8 years
2019: €1.41M▲ +34.4% vs 2018
2020: €2.82M▲ +101% vs 2019
2021: €3.67M▲ +30.0% vs 2020
2022: €7.11M▲ +93.9% vs 2021
2023: €7.42M▲ +4.4% vs 2022highest in 8 years
2024: €3.04M▼ -59.1% vs 2023
2025: €5.64M▲ +85.7% vs 2024
2018 → 2025
Net result
€-6k
2024 · €60k
2018: €34k
2019: €57k▲ +66.1% vs 2018
2020: €18k▼ -69.3% vs 2019
2021: €57k▲ +224% vs 2020
2022: €307k▲ +437% vs 2021highest in 8 years
2023: €-89k▼ -129% vs 2022lowest in 8 years
2024: €60k▲ +168% vs 2023
2025: €-6k▼ -111% vs 2024
2018 → 2025
Working capital
€-236k▲ 78.0%
2024 · €-1.07M
2018: €74k
2019: €141k▲ +89.7% vs 2018
2020: €925k▲ +557% vs 2019highest in 8 years
2021: €818k▼ -11.6% vs 2020
2022: €-325k▼ -140% vs 2021
2023: €-184k▲ +43.5% vs 2022
2024: €-1.07M▼ -485% vs 2023lowest in 8 years
2025: €-236k▲ +78.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€206k-€513k▲ 149%€424k▼ 17.3%€484k▲ 14.2%€478k▼ 1.3%
2021: €206klowest in 5 years
2022: €513k▲ +149% vs 2021highest in 5 years
2023: €424k▼ -17.3% vs 2022
2024: €484k▲ +14.2% vs 2023
2025: €478k▼ -1.3% vs 2024
Operating result€170k-€528k▲ 212%€295k▼ 44.1%€337k▲ 14.2%€123k▼ 63.7%
2021: €170k
2022: €528k▲ +212% vs 2021highest in 5 years
2023: €295k▼ -44.1% vs 2022
2024: €337k▲ +14.2% vs 2023
2025: €123k▼ -63.7% vs 2024lowest in 5 years
Net result€57k-€307k▲ 437%€-89k€60k€-6k
2021: €57k
2022: €307k▲ +437% vs 2021highest in 5 years
2023: €-89k▼ -129% vs 2022lowest in 5 years
2024: €60k▲ +168% vs 2023
2025: €-6k▼ -111% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 64% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.64M
Fixed assets
€2.05M ▼ 17.3%
Current assets
€3.59M ▲ 538%
Equity and liabilities €5.64M
Equity
€478k ▼ 1.3%
Debt
€5.16M ▲ 102%
Debt's share of the balance-sheet total rises from 84.1% to 91.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€181k▼
2024 · €391k
Cash flow
€52k▼
2024 · €114k
Current ratio
0.94▲
2024 · 0.34
Quick ratio
0.36▲
2024 · 0.34
Debt to equity
10.80▲
2024 · 5.27
ROE
-1.3%▼
2024 · 12.4%
ROA
-0.1%▼
2024 · 2.0%
Interest coverage
1.40▼
2024 · 1.41
Debt ≤ 1 year
€3.83M▲
2024 · €1.64M
Debt > 1 year
€1.30M▲
2024 · €872k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.04M€5.64M▲
Fixed assets21/28€2.47M€2.05M▼
Tangible fixed assets22/27€2.47M€2.05M▼
Land and buildings22€2.45M€2.03M▼
Furniture and vehicles24€28k€15k▼
Current assets29/58€563k€3.59M▲
Stocks and contracts in progress3€0€2.23M▲
Stocks30/36€0€2.23M▲
Amounts receivable within one year40/41€252k€1.27M▲
Trade receivables40€16k€647k▲
Other amounts receivable41€237k€620k▲
Cash at bank and in hand54/58€311k€95k▼
Equity and liabilities
Total equity and liabilities10/49€3.04M€5.64M▲
Equity10/15€484k€478k▼
Contributions10/11€30k€30k=
Reserves13€483k€483k=
Distributable reserves133€483k€483k=
Profit (loss) carried forward14€-29k€-35k▼
Amounts payable17/49€2.55M€5.16M▲
Amounts payable after more than one year17€872k€1.30M▲
Financial debts170/4€872k€1.30M▲
Amounts payable within one year42/48€1.64M€3.83M▲
Current portion of amounts payable after more than one year42€18k€38k▲
Financial debts43€528k€2.23M▲
Credit institutions430/8€528k€2.23M▲
Trade debts44€77k€15k▼
Suppliers440/4€77k€15k▼
Taxes, remuneration and social security45€11k€6k▼
Taxes450/3€11k€6k▼
Other amounts payable47/48€1.00M€1.54M▲
Accrued charges and deferred income492/3€45k€38k▼
Income statement
Code20242025
Non-recurring operating income76A€22k€179k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€58k▲
Other operating charges640/8€6k€8k▲
Gross operating margin9900€397k€189k▼
Operating profit (loss)9901€337k€123k▼
Financial income75/76B€0€70▲
Recurring financial income75€0€70▲
Financial charges65/66B€277k€129k▼
Recurring financial charges65€277k€129k▼
Profit (loss) for the period before taxes9903€60k€-6k▼
Profit (loss) for the period9904€60k€-6k▼
Profit (loss) for the period to be appropriated9905€60k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€-35k▼
Profit (loss) brought forward from the previous period14P€-89k€-29k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €22k | €179k | ▲ 702% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €346 | €102k | €64k | €54k | €58k | ▲ 7.9% |
| Other operating charges640/8 | - | €0 | €30k | €6k | €8k | ▲ 44.1% |
| Gross operating margin9900 | €178k | €631k | €389k | €397k | €189k | ▼ 52.3% |
| Operating profit (loss)9901 | €170k | €528k | €295k | €337k | €123k | ▼ 63.7% |
| Financial income75/76B | - | €116 | €2 | €0 | €70 | ▲ 24,110% |
| Recurring financial income75 | €721 | €116 | €2 | €0 | €70 | ▲ 24,110% |
| Financial charges65/66B | - | €112k | €384k | €277k | €129k | ▼ 53.5% |
| Recurring financial charges65 | €94k | €112k | €384k | €277k | €129k | ▼ 53.5% |
| Profit (loss) for the period before taxes9903 | €76k | €416k | €-89k | €60k | €-6k | ▼ 111% |
| Income taxes67/77 | €19k | €110k | €0 | - | - | - |
| Profit (loss) for the period9904 | €57k | €307k | €-89k | €60k | €-6k | ▼ 111% |
| Profit (loss) for the period to be appropriated9905 | €57k | €307k | €-89k | €60k | €-6k | ▼ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.67M | €7.11M | €7.42M | €3.04M | €5.64M | ▲ 85.7% |
| Fixed assets21/28 | €2k | €1.69M | €2.07M | €2.47M | €2.05M | ▼ 17.3% |
| Tangible fixed assets22/27 | €2k | €1.69M | €2.07M | €2.47M | €2.05M | ▼ 17.3% |
| Land and buildings22 | - | €1.67M | €2.03M | €2.45M | €2.03M | ▼ 16.9% |
| Furniture and vehicles24 | - | €22k | €40k | €28k | €15k | ▼ 47.8% |
| Financial fixed assets28 | €200 | €0 | - | - | - | - |
| Current assets29/58 | €3.66M | €5.42M | €5.35M | €563k | €3.59M | ▲ 538% |
| Stocks and contracts in progress3 | €3.06M | €3.93M | €4.75M | €0 | €2.23M | - |
| Stocks30/36 | - | €3.93M | €4.75M | €0 | €2.23M | - |
| Amounts receivable within one year40/41 | €442k | €507k | €485k | €252k | €1.27M | ▲ 402% |
| Trade receivables40 | - | €189k | €62k | €16k | €647k | ▲ 4,029% |
| Other amounts receivable41 | - | €318k | €423k | €237k | €620k | ▲ 162% |
| Cash at bank and in hand54/58 | €144k | €753k | €111k | €311k | €95k | ▼ 69.5% |
| Deferred charges and accrued income490/1 | - | €231k | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.67M | €7.11M | €7.42M | €3.04M | €5.64M | ▲ 85.7% |
| Equity10/15 | €206k | €513k | €424k | €484k | €478k | ▼ 1.3% |
| Contributions10/11 | - | €30k | €30k | €30k | €30k | = |
| Reserves13 | €176k | €483k | €483k | €483k | €483k | = |
| Distributable reserves133 | - | €483k | €483k | €483k | €483k | = |
| Profit (loss) carried forward14 | - | - | €-89k | €-29k | €-35k | ▼ 22.2% |
| Amounts payable17/49 | €3.46M | €6.59M | €7.00M | €2.55M | €5.16M | ▲ 102% |
| Amounts payable after more than one year17 | €590k | €776k | €1.39M | €872k | €1.30M | ▲ 48.6% |
| Financial debts170/4 | - | €776k | €1.39M | €872k | €1.30M | ▲ 48.6% |
| Amounts payable within one year42/48 | €2.85M | €5.74M | €5.53M | €1.64M | €3.83M | ▲ 134% |
| Current portion of amounts payable after more than one year42 | - | - | €15k | €18k | €38k | ▲ 111% |
| Financial debts43 | - | €3.89M | €3.90M | €528k | €2.23M | ▲ 322% |
| Credit institutions430/8 | - | €3.89M | €3.90M | €528k | €2.23M | ▲ 322% |
| Trade debts44 | €382k | €572k | €70k | €77k | €15k | ▼ 81.0% |
| Suppliers440/4 | - | €572k | €70k | €77k | €15k | ▼ 81.0% |
| Taxes, remuneration and social security45 | - | €93k | €11k | €11k | €6k | ▼ 50.7% |
| Taxes450/3 | - | €93k | €11k | €11k | €6k | ▼ 50.7% |
| Other amounts payable47/48 | - | €1.19M | €1.53M | €1.00M | €1.54M | ▲ 53.9% |
| Accrued charges and deferred income492/3 | - | €77k | €75k | €45k | €38k | ▼ 15.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57k | €307k | €-89k | €60k | €-6k | ▼ 111% |
| + Depreciation and write-downs630 | €346 | €102k | €64k | €54k | €58k | ▲ 7.9% |
| Operating cash flow (approximation) | €57k | €409k | €-25k | €114k | €52k | ▼ 54.4% |
| Investment in fixed assets (approximation) | - | €-1.79M | €-447k | €-455k | €369k | ▲ 181% |
| Change in cash | - | €608k | €-642k | €200k | €-216k | ▼ 208% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-89k
Net result drops to €-89k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €307k ▲437%
Operating result €528k, net result €307k, both a record.
30-09
Financial
Equity above €500kEq €513k ▲149%
5 profitable years in a row build equity to €513k.
07-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €200kEq €206k ▲38.3%
4 profitable years in a row build equity to €206k.
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-09
Financial
Equity above €100kEq €131k ▲77.2%
2 profitable years in a row build equity to €131k.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 2006
Ground area
1,244 m²
Building footprint
63 m²
Volume, LiDAR
125 m³
Parcel 24502B1173/00A000, Flanders · tallest building 3.4 m, ±1 floor. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
2BeeBuild
since 20062.155.870.728
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24502B1173/00A000 | Flanders | 1,244 m² | 1 · 63 m² | 3.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 5,028 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-07-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.