DH2
ActiveSummary
The computed 12-month bankruptcy probability of DH2 is 2.0% (moderate). The 2025 annual accounts show negative equity (-€503) and a net result of -€3,370. Equity is shrinking by ~30.4% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability33▼-1
Solvency25▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 100.3% and cash: 0.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-0.3%
Return on assets
-1.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€503
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
20 d late
2024
30 d late
2023
17 d late
2022
32 d late
2021
29 d late
2020
27 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 36 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€503
2024 · €2,868
Total assets
€185,924=
2024 · €185,844
Net result
-€3,370▼ 29.2%
2024 · -€2,608
Working capital
-€186,311▼ 3.0%
2024 · -€180,905
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,010▲ 24.3%-€1,037▼ 2.6%-€1,706▼ 64.6%-€2,141▼ 25.5%-€3,039▼ 41.9%
Net result-€2,073▲ 23.9%-€1,944▲ 6.2%-€2,396▼ 23.3%-€2,608▼ 8.9%-€3,370▼ 29.2%
Equity€9,816▼ 17.4%€7,872▼ 19.8%€5,476▼ 30.4%€2,868▼ 47.6%-€503
Total assets€187,573▼ 27.9%€187,877▲ 0.2%€188,006▲ 0.1%€185,844▼ 1.1%€185,924=
Debt€177,758▼ 28.4%€180,005▲ 1.3%€182,530▲ 1.4%€182,976▲ 0.2%€186,427▲ 1.9%
Working capital-€138,409▼ 10.8%-€151,918▼ 9.8%-€166,219▼ 9.4%-€180,905▼ 8.8%-€186,311▼ 3.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,039 in 2025 against €2,141 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185,924
Fixed assets
€185,808 =
Current assets
€115 ▲ 228%
Key figures and ratios
Solvency
-0.3%▼
2024 · 1.5%
Current ratio
0.00▲
2024 · 0.00
ROA
-1.8%▼
2024 · -1.4%
Debt ≤ 1 year
€186,427▲
2024 · €180,940
Debt > 1 year
€0▼
2024 · €1,017
Equity ratios withheld: equity of -€503 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €50 | €398 | €434 | €1,565 | €400 | ▼ 74.5% |
| Gross operating margin9900 | -€960 | -€639 | -€1,271 | -€576 | -€2,639 | ▼ 358% |
| Operating profit (loss)9901 | -€1,010 | -€1,037 | -€1,706 | -€2,141 | -€3,039 | ▼ 41.9% |
| Financial charges65/66B | €1,063 | €907 | €690 | €467 | €332 | ▼ 29.0% |
| Recurring financial charges65 | €1,063 | €907 | €690 | €467 | €332 | ▼ 29.0% |
| Profit (loss) for the period before taxes9903 | -€2,073 | -€1,944 | -€2,396 | -€2,608 | -€3,370 | ▼ 29.2% |
| Profit (loss) for the period9904 | -€2,073 | -€1,944 | -€2,396 | -€2,608 | -€3,370 | ▼ 29.2% |
| Profit (loss) for the period to be appropriated9905 | -€2,073 | -€1,944 | -€2,396 | -€2,608 | -€3,370 | ▼ 29.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187,573 | €187,877 | €188,006 | €185,844 | €185,924 | = |
| Fixed assets21/28 | €185,808 | €185,808 | €185,808 | €185,808 | €185,808 | = |
| Financial fixed assets28 | €185,808 | €185,808 | €185,808 | €185,808 | €185,808 | = |
| Current assets29/58 | €1,765 | €2,068 | €2,197 | €35 | €115 | ▲ 228% |
| Amounts receivable within one year40/41 | €732 | €859 | €1,065 | - | €0 | - |
| Other amounts receivable41 | €732 | €859 | €1,065 | - | €0 | - |
| Cash at bank and in hand54/58 | €13 | €190 | €112 | €35 | €115 | ▲ 228% |
| Deferred charges and accrued income490/1 | €1,020 | €1,020 | €1,020 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187,573 | €187,877 | €188,006 | €185,844 | €185,924 | = |
| Equity10/15 | €9,816 | €7,872 | €5,476 | €2,868 | -€503 | ▼ 118% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€8,784 | -€10,728 | -€13,124 | -€15,732 | -€19,103 | ▼ 21.4% |
| Amounts payable17/49 | €177,758 | €180,005 | €182,530 | €182,976 | €186,427 | ▲ 1.9% |
| Amounts payable after more than one year17 | €36,565 | €24,943 | €13,095 | €1,017 | €0 | ▼ 100% |
| Financial debts170/4 | €36,565 | €24,943 | €13,095 | €1,017 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €140,174 | €153,987 | €168,417 | €180,940 | €186,427 | ▲ 3.0% |
| Current portion of amounts payable after more than one year42 | €11,402 | €11,623 | €11,848 | €12,077 | €2,036 | ▼ 83.1% |
| Trade debts44 | €119 | €647 | €94 | €444 | €336 | ▼ 24.2% |
| Suppliers440/4 | €119 | €647 | €94 | €444 | €336 | ▼ 24.2% |
| Other amounts payable47/48 | €128,653 | €141,717 | €156,475 | €168,419 | €184,054 | ▲ 9.3% |
| Accrued charges and deferred income492/3 | €1,019 | €1,076 | €1,019 | €1,019 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,073 | -€1,944 | -€2,396 | -€2,608 | -€3,370 | ▼ 29.2% |
| Operating cash flow (approximation) | -€2,073 | -€1,944 | -€2,396 | -€2,608 | -€3,370 | ▼ 29.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €177 | -€77 | -€77 | €80 | ▲ 204% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
NBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Seraing · 1 establishment unit since 2018
Ground area
514 m²
Building footprint
76 m²
Volume, LiDAR
806 m³
2 parcels, Wallonia · tallest building 11.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Gosson 95, 4101 Seraing
since 20182.281.525.617
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62058B0414/00L003 | Wallonia | 352 m² | - | - |
| 62058A0554/00L000 | Wallonia | 161 m² | 1 · 76 m² | 11.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
- Sourceaccounts MAXCORP 202450%
Holdings 1
-
100%
According to the 2025 annual accounts of DH2 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded11-09-2018
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0703877728
Also
9925:BE0703877728
Registered
09-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.