Losses
Every financial year from 2014 to 2018 closed with a loss. 2014 was the heaviest.
Every financial year from 2014 to 2018 closed with a loss. 2014 was the heaviest.
The 2018 accounts came latest: 30 days after the end of the period.
Absorbed by BV SQUARE in February 2020. The last annual accounts are for financial year 2018. The company was dissolved without liquidation. The books and records are kept by BV SQUARE.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
238,613 | 217,869 | 202,609 | 201,162 | 201,697 | 151,715 | |
20 |
0 | 0 | 364 | 728 | 1,092 | 1,456 | |
21/28 |
235,191 | 132,595 | 103,029 | 101,507 | 99,421 | 1,456 | |
22/27 |
235,191 | 132,595 | 103,029 | 100,779 | 98,329 | - | |
22 |
132,595 | 132,595 | 103,029 | 100,779 | 98,329 | - | |
27 |
102,596 | - | - | - | - | - | |
29/58 |
3,422 | 85,275 | 99,215 | 99,654 | 102,276 | 150,259 | |
40/41 |
458 | 66,142 | 75,384 | 73,906 | 71,809 | 148,333 | |
41 |
458 | 66,142 | 75,384 | 73,906 | 71,809 | 148,333 | |
54/58 |
2,964 | 19,132 | 23,831 | 25,748 | 30,467 | 1,926 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
238,613 | 217,869 | 202,609 | 201,162 | 201,697 | 151,715 | |
10/15 |
142,562 | 144,699 | 144,753 | 146,974 | 149,272 | 151,715 | |
10/11 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
100 |
150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | |
13 |
1,715 | 1,715 | 1,715 | 1,715 | 1,715 | 1,715 | |
130 |
1,715 | 1,715 | 1,715 | 1,715 | 1,715 | 1,715 | |
14 |
-9,154 | -7,016 | -6,962 | -4,741 | -2,443 | - | |
17/49 |
96,051 | 73,170 | 57,855 | 54,187 | 52,425 | 0 | |
42/48 |
96,051 | 73,170 | 57,855 | 54,187 | 52,425 | 0 | |
44 |
31,992 | 15,871 | 2,187 | 220 | 242 | 0 | |
440/4 |
31,992 | 15,871 | 2,187 | 220 | 242 | 0 | |
45 |
699 | 699 | 699 | 629 | 546 | - | |
450/3 |
699 | 699 | 699 | 629 | 546 | - | |
47/48 |
63,360 | 56,600 | 54,969 | 53,338 | 51,637 | - | |
492/3 |
- | - | - | - | 0 | - | |
| Income statement | |||||||
9900 |
-1,248 | -785 | -515 | -353 | -792 | -544 | |
630 |
- | 364 | 364 | 364 | 364 | 364 | |
640/8 |
348 | 568 | 348 | 568 | 593 | 568 | |
9901 |
-1,596 | -1,717 | -1,227 | -1,285 | -1,749 | -1,475 | |
75/76B |
2,147 | 4,110 | 1,432 | 1,400 | 1,586 | 3,285 | |
75 |
2,147 | 4,110 | 1,432 | 1,400 | 1,586 | 3,285 | |
65/66B |
2,689 | 2,447 | 2,427 | 2,413 | 2,281 | 95 | |
65 |
2,689 | 2,447 | 2,427 | 2,413 | 2,281 | 95 | |
9903 |
-2,138 | -54 | -2,221 | -2,298 | -2,443 | 1,715 | |
9904 |
-2,138 | -54 | -2,221 | -2,298 | -2,443 | 1,715 | |
9905 |
-2,138 | -54 | -2,221 | -2,298 | -2,443 | 1,715 | |
| Appropriation of the result | |||||||
9906 |
-9,154 | -7,016 | -6,962 | -4,741 | -2,443 | 1,715 | |
691/2 |
- | - | - | - | - | 1,715 | |
6920 |
- | - | - | - | - | 1,715 | |
| Document | |||||||
Source: Annual accounts 2018 (PDF), filed on 30-08-2019.
2018 annual accounts filed 30 days after the deadline. Filed on 30 August 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-57400538.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2018 | micro format | 30-08-2019 | 2019-57400538 | |
| 31-12-2017 | micro format | 16-08-2018 | 2018-47000555 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-53100450 | |
| 31-12-2015 | full format | 28-07-2016 | 2016-37900255 | |
| 31-12-2014 | full format | 30-07-2015 | 2015-37300476 | |
| 31-12-2013 | full format | 29-07-2014 | 2014-37700601 |
| Line | Trend | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|
| - | -1,353 | -863 | -921 | -1,385 | -1,111 | ||
| - | 311 | -1,857 | -1,934 | -2,079 | 2,079 | ||
| 102,596 | 29,565 | 2,250 | 2,450 | 98,329 | - | ||
| -16,168 | -4,699 | -1,916 | -4,719 | 28,541 | - | ||
| -92,629 | 12,105 | 41,360 | 45,467 | 49,851 | 150,259 | ||
| 59.7% | 66.4% | 71.4% | 73.1% | 74.0% | 100.0% | ||
| 0.04 | 1.17 | 1.71 | 1.84 | 1.95 | - | ||
| 0.67 | 0.51 | 0.40 | 0.37 | 0.35 | 0.00 | ||
| -1.5% | 0.0% | -1.5% | -1.6% | -1.6% | 1.1% | ||
| -0.9% | 0.0% | -1.1% | -1.1% | -1.2% | 1.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2018 is a loss of €1,596, smaller than the loss of €1,717 in 2017.
Debt's share of the balance-sheet total rises from 33.6% to 40.3%. Equity is lower and debt is higher.
2BV has no parent and no holdings in its annual accounts.
| STANDARD DE LIEGE via BEWATT, at 2BV, last mentioned in 2018 · Director · deed of 21-10-2015 founded in 1988 · negative equity (2026) |
156 FTE (2026) |
| TotalEnergies Power & Gas Belgium via BEWATT, at 2BV, last mentioned in 2018 · Class A director · deed of 13-12-2013 founded in 2003 · group TotalEnergies SE |
181 FTE (2025) |
| BSTOR via BEWATT, at 2BV, last mentioned in 2018 · Director · deed of 13-04-2022 founded in 2016 |
9.9 FTE (2025) |
| D-STOR via BEWATT, at 2BV, last mentioned in 2018 · Director (not named in the articles) · deed of 21-12-2023 founded in 2023 |
total assets €57.6m (2025) |
| R-GROUP Holding via BEWATT, at 2BV, last mentioned in 2018 · Class A director · deed of 25-01-2024 founded in 2013 |
24 FTE (2025) |
| HAULOGY.NET via BEWATT, at 2BV, last mentioned in 2018 · Class B director · deed of 22-01-2018 founded in 2005 |
82 FTE (2025) |
| WATT MATTERS TWO via BEWATT, at 2BV, last mentioned in 2018 · Managing director · deed of 25-02-2026 founded in 2022 |
total assets €13.4m (2025) |
| CORETEC ENERGY via BEWATT, at 2BV, last mentioned in 2018 · Director · deed of 06-11-2018 founded in 2016 |
3.8 FTE (2025) |
| Watt Matters via BEWATT, at 2BV, last mentioned in 2018 · Managing director · deed of 25-02-2026 founded in 2015 |
9 FTE (2025) |
| BV SQUARE via BEWATT, at 2BV, last mentioned in 2018 · Director · deed of 29-08-2023 founded in 2010 |
total assets €8.8m (2025) |
| DYNAMIA INVEST via BEWATT, at 2BV, last mentioned in 2018 · Director · deed of 02-07-2026 founded in 2012 |
turnover €2.2m (2025) |
| ESTOR-LUX via BEWATT, at 2BV, last mentioned in 2018 · Director · deed of 19-06-2026 founded in 2020 |
total assets €8.1m (2025) |
| Alix via BEWATT, at 2BV, last mentioned in 2018 · Director (not named in the articles) · deed of 21-01-2022 founded in 2019 |
total assets €2.5m (2025) |
| MENSSANA via BEWATT, at 2BV, last mentioned in 2018 · Managing director · deed of 20-03-2018 founded in 2008 |
4.1 FTE (2025) |
| ESTOR-LUX III via BEWATT, at 2BV, last mentioned in 2018 · Director (not named in the articles) · deed of 14-08-2025 |
founded in 2025 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Articles of association, deed of 29-11-2019 (in French)
2BV is no longer in the KBO register. BV SQUARE took it over in a merger by absorption, published in the Belgian Official Gazette on 28 February 2020.
If something looks wrong or is missing, please tell us.