D2H
ActiveD2H has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.97M and a net result of €108k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▲+9
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 3.83 against 3.85 in 2024; short-term debt: 0.6% and cash: 1.5% of total assets), and 0.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
99.4%
Return on assets
5.5%
Age of the figures
12 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
131 d early
2023
109 d early
2022
111 d early
2021
33 d early
2020
91 d early
2019
111 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€0
EBIT margin
Not included in this filing
Net result
€108k
2024 · €-29k
2018: €-198k
2019: €-198k
2020: €-58k
2021: €-18k
2022: €-57k
2023: €-86k
2024: €-29k
2018 → 2025
Working capital
€35k▼ 78.0%
2024 · €160k
2018: €1.87M
2019: €734k
2020: €649k
2021: €629k
2022: €573k
2023: €283k
2024: €160k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.03M-€1.97M▼ 2.8%€1.89M▼ 4.3%€1.86M▼ 1.6%€1.97M▲ 5.8%
Operating result€-34k-€-43k▼ 23.8%€-93k▼ 117%€-83k▲ 10.6%€-50k▲ 40.2%
Net result€-18k-€-57k▼ 210%€-86k▼ 50.0%€-29k▲ 65.7%€108k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €50k in 2025 against €83k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.98M
Fixed assets
€1.93M▲ 13.7%
Current assets
€48k▼ 78.0%
Equity and liabilities €1.98M
Equity
€1.97M▲ 5.8%
Debt
€12k▼ 77.9%
The debt ratio falls from 2.9% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-48k▲
2024 · €-82k
Cash flow
€110k▲
2024 · €-28k
Solvency
99.4%▲
2024 · 97.1%
Current ratio
3.83▼
2024 · 3.85
Quick ratio
3.83▼
2024 · 3.85
Debt / equity
0.01▼
2024 · 0.03
ROE
5.5%▲
2024 · -1.6%
ROA
5.5%▲
2024 · -1.5%
Interest coverage
-239.93▼
2024 · -42.17
Debt
€12k▼
2024 · €56k
Debt ≤ 1 year
€12k▼
2024 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.91M€1.98M▲
Fixed assets21/28€1.70M€1.93M▲
Tangible fixed assets22/27€299k€882k▲
Land and buildings22€200k€200k=
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€189€0▼
Assets under construction and advance payments27€95k€679k▲
Financial fixed assets28€1.40M€1.05M▼
Current assets29/58€216k€48k▼
Amounts receivable within one year40/41€918€3k▲
Other amounts receivable41€918€3k▲
Current investments50/53€94k€15k▼
Cash at bank and in hand54/58€121k€29k▼
Deferred charges and accrued income490/1-€539
Equity and liabilities
Total equity and liabilities10/49€1.91M€1.98M▲
Equity10/15€1.86M€1.97M▲
Contributions10/11€1.42M€1.42M=
Reserves13€440k€548k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€438k€546k▲
Amounts payable17/49€56k€12k▼
Amounts payable within one year42/48€56k€12k▼
Trade debts44€55k€12k▼
Suppliers440/4€55k€12k▼
Taxes, remuneration and social security45€1k€0▼
Taxes450/3€122€0▼
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-80k€-47k▲
Operating profit (loss)9901€-83k€-50k▲
Financial income75/76B€55k€508k▲
Recurring financial income75€55k€508k▲
Financial charges65/66B€2k€350k▲
Recurring financial charges65€2k€201▼
Non-recurring financial charges66B-€350k
Profit (loss) for the period before taxes9903€-29k€108k▲
Profit (loss) for the period9904€-29k€108k▲
Profit (loss) for the period to be appropriated9905€-29k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-29k€108k▲
Transfer from equity791/2€29k€0▼
Transfer to equity691/2-€108k
To other reserves6921-€108k
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Back to profitnet €108k
Net result €108k after 7 loss-making years.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Liquidity doublescurrent ratio 34.92
Current ratio from 16.93 to 34.92; short-term debt falls from €36k to €8k.
09-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Equity above €2MEq €2.03M ▲213%
Equity rises from €649k to €2.03M.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Comines-Warneton · 1 establishment unit since 2014
Ground area
945 m²
Building footprint
73 m²
Volume, LiDAR
640 m³
Parcel 54008D0415/00B007, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
D2H
since 20142.235.950.364
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54008D0415/00B007indicative | Wallonia | 945 m² | 1 · 73 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,640 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-08-2014
Fiscal year end30-09
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.