DOUBLE V² IMMO
ActiveSummary
DOUBLE V² IMMO has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260,530 and a net result of €30,693. Equity has been growing by about 18% per year since 2019. Its solvency ranks better than 59% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 09-06-2017 Normal situation
- Activity
- Development of residential building projects NACE 68121and 6 others
- Establishment unit
- 2.267.380.047 7070 Le Roeulx, since 09-06-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 04-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €72,677
- ▼ 21.8%
- Turnover
- ≈ €180,000
- estimated
- Profit
- €30,693
- ▼ 22.5%
- Equity
- €260,530
- ▲ 13.4%
- Total assets
- €650,933
- ▲ 25.6%
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskLiquidity: current ratio 13.76, cash €11,463, halvedlowers riskSize: total assets €650,933Sector: Real estate activities (NACE 68)Figures for financial year 2025 (filed on 29-08-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 57% of them on solvency, 60% on liquidity, 69% on profitability and 70% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00448329.
Annual accounts 2025 filed on 27-08-2026 at the NBB all 8 filings
Every figure per financial year
The operating result for 2025 is 21% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2022 | 30-06-2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €289,179 | €960 | €5,120 | €17,940 |
| Depreciation and write-downs of the year | €7,250 | €14,505 | €20,932 | €16,231 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,291 | €5,968 | €7,250 | €14,505 | €20,932 | €16,231 | ▼ 22.5% |
| Other operating charges640/8 | - | - | - | €884 | €676 | €2,289 | €1,360 | ▼ 40.6% |
| Non-recurring operating charges66A | - | - | - | - | €1,230 | - | - | - |
| Gross operating margin9900 | €53,154 | €19,744 | €29,694 | €103,144 | €39,068 | €92,996 | €72,677 | ▼ 21.8% |
| Operating profit (loss)9901 | €52,515 | €17,207 | €22,846 | €95,010 | €22,657 | €69,775 | €55,086 | ▼ 21.1% |
| Financial income75/76B | - | - | - | - | €8 | - | - | - |
| Recurring financial income75 | - | €92 | €205 | - | €8 | - | - | - |
| Financial charges65/66B | - | - | - | €8,815 | €9,674 | €14,509 | €11,244 | ▼ 22.5% |
| Recurring financial charges65 | €65 | €7,704 | €7,654 | €8,815 | €9,674 | €14,509 | €11,244 | ▼ 22.5% |
| Profit (loss) for the period before taxes9903 | €52,450 | €9,594 | €15,397 | €86,195 | €12,990 | €55,266 | €43,843 | ▼ 20.7% |
| Income taxes67/77 | €10,917 | €2,175 | €3,065 | €25,378 | €3,027 | €15,651 | €13,150 | ▼ 16.0% |
| Profit (loss) for the period9904 | €41,533 | €7,420 | €12,332 | €60,817 | €9,963 | €39,615 | €30,693 | ▼ 22.5% |
| Profit (loss) for the period to be appropriated9905 | €41,533 | €7,420 | €12,332 | €60,817 | €9,963 | €39,615 | €30,693 | ▼ 22.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €340,852 | €322,914 | €332,698 | €482,321 | €467,169 | €518,090 | €650,933 | ▲ 25.6% |
| Fixed assets21/28 | €363 | €5,527 | €33,357 | €315,285 | €301,740 | €285,929 | €287,638 | ▲ 0.6% |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | - | €5,164 | €32,994 | €314,922 | €301,377 | €285,566 | €287,275 | ▲ 0.6% |
| Land and buildings22 | - | - | - | €286,628 | €280,068 | €268,788 | €261,262 | ▼ 2.8% |
| Plant, machinery and equipment23 | - | - | - | €2,582 | €1,291 | €3,830 | €3,033 | ▼ 20.8% |
| Furniture and vehicles24 | - | - | - | €25,712 | €20,018 | €12,947 | €22,980 | ▲ 77.5% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €340,489 | €317,387 | €299,341 | €167,036 | €165,429 | €232,161 | €363,295 | ▲ 56.5% |
| Stocks and contracts in progress3 | €200,208 | €200,208 | €166,330 | €128,372 | €128,372 | €186,059 | €325,563 | ▲ 75.0% |
| Stocks30/36 | - | - | - | €128,372 | €128,372 | €186,059 | €325,563 | ▲ 75.0% |
| Amounts receivable within one year40/41 | €27,523 | €113,558 | €69,926 | €31,536 | €29,555 | €19,299 | €24,365 | ▲ 26.3% |
| Trade receivables40 | - | - | - | €31,331 | €27,244 | €17,186 | €23,055 | ▲ 34.2% |
| Other amounts receivable41 | - | - | - | €205 | €2,311 | €2,113 | €1,310 | ▼ 38.0% |
| Cash at bank and in hand54/58 | €109,056 | €3,202 | €62,323 | €4,796 | €4,195 | €24,957 | €11,463 | ▼ 54.1% |
| Deferred charges and accrued income490/1 | - | - | - | €2,332 | €3,308 | €1,846 | €1,904 | ▲ 3.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €340,852 | €322,914 | €332,698 | €482,321 | €467,169 | €518,090 | €650,933 | ▲ 25.6% |
| Equity10/15 | €99,691 | €107,110 | €119,442 | €180,259 | €190,222 | €229,837 | €260,530 | ▲ 13.4% |
| Contributions10/11 | €19,600 | €19,600 | - | €19,600 | €19,600 | €19,600 | €19,600 | = |
| Reserves13 | €1,960 | €9,233 | €9,233 | €70,050 | €70,050 | €109,664 | €140,357 | ▲ 28.0% |
| Non-distributable reserves130/1 | - | - | - | €1,960 | €1,960 | €1,960 | €1,960 | = |
| Reserves not available under the articles1311 | - | - | - | €1,960 | €1,960 | €1,960 | €1,960 | = |
| Distributable reserves133 | - | - | - | €68,090 | €68,090 | €107,704 | €138,397 | ▲ 28.5% |
| Profit (loss) carried forward14 | €78,131 | €78,278 | €90,610 | €90,610 | €100,573 | €100,573 | €100,573 | = |
| Amounts payable17/49 | €241,162 | €215,803 | €213,255 | €302,062 | €276,947 | €288,253 | €390,404 | ▲ 35.4% |
| Amounts payable after more than one year17 | - | €173,000 | €173,000 | €234,000 | €234,000 | €234,000 | €364,000 | ▲ 55.6% |
| Financial debts170/4 | - | - | - | €234,000 | €234,000 | €234,000 | €364,000 | ▲ 55.6% |
| Amounts payable within one year42/48 | €241,162 | €35,261 | €40,144 | €67,972 | €42,947 | €54,253 | €26,404 | ▼ 51.3% |
| Trade debts44 | €2,036 | €6,378 | €2,445 | €7,180 | €5,152 | €1,896 | €757 | ▼ 60.1% |
| Suppliers440/4 | - | - | - | €7,180 | €5,152 | €1,896 | €757 | ▼ 60.1% |
| Taxes, remuneration and social security45 | - | - | - | €36,803 | €9,980 | €14,593 | €16,316 | ▲ 11.8% |
| Taxes450/3 | - | - | - | €34,404 | €7,523 | €12,097 | €15,316 | ▲ 26.6% |
| Remuneration and social security454/9 | - | - | - | €2,400 | €2,456 | €2,495 | €1,000 | ▼ 59.9% |
| Other amounts payable47/48 | - | - | - | €23,989 | €27,816 | €37,764 | €9,331 | ▼ 75.3% |
| Accrued charges and deferred income492/3 | - | - | - | €90 | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,533 | €7,420 | €12,332 | €60,817 | €9,963 | €39,615 | €30,693 | ▼ 22.5% |
| + Depreciation and write-downs630 | - | €1,291 | €5,968 | €7,250 | €14,505 | €20,932 | €16,231 | ▼ 22.5% |
| Operating cash flow (approximation) | €41,533 | €8,711 | €18,300 | €68,067 | €24,468 | €60,546 | €46,924 | ▼ 22.5% |
| Investment in fixed assets (approximation) | - | -€6,455 | -€33,799 | -€289,179 | -€960 | -€5,120 | -€17,940 | ▼ 250% |
| Change in cash | - | -€105,854 | €59,121 | -€57,526 | -€601 | €20,762 | -€13,494 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,639 companies had the same profile as DOUBLE V² IMMO has now. Two years later, 95.5% were still going and 0.5% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DOUBLE V² IMMO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,639 companies, not a prediction for DOUBLE V² IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00448329 | |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00426989 | |
| 30-06-2023 | micro format | 19-01-2024 | 2024-00004344 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00024336 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-03300477 | |
| 30-06-2020 | micro format | 27-01-2021 | 2021-02000278 | |
| 30-06-2019 | micro format | 23-01-2020 | 2020-02200085 | |
| 30-06-2018 | full format | 07-02-2019 | 2019-04700428 |
Board & ownership
Directors
Board 1
Day-to-day management 1
Owners and capital
Shareholders
- DELAERE Guy Marcel Jules 196 shares · 100%
- BAUDOUX Christine Julia Arthur Antoinette Ferdinande 196 shares · 100%
Capital transactions
- 23-02-2024 Converted to available equity · €19,600
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| DELAERE Guy Marcel Jules |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “L'assemblée générale décide si le mandat d'administrateur est ou non exercé gratuitement, cette rémunération sera portée aux frais généraux…”
Capital, shares and profit
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tous les frais de procédure et d'expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Libérées à leur émission, en cas d'actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la…”
Articles of association, deed of 23-02-2024 (in French)
Network & group
DOUBLE V² IMMO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of DOUBLE V² IMMO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
23-02
Gazette deed
Registered office moved within Le Roeulx section de MignaultNew seat: 7070 Le Roeulx section de Mignault, rue Nestor Vandercamme, numéro 30 · Previous seat: 7070 Le Roeulx section de Mignault, rue Nestor Vandercamme, numéro 10/B · Change of role: DELAERE Guy Marcel Jules, from manager to director and managing director16 points ▸
- General meeting, 25-11-2023
- Incorporation, 08-06-2017
- DELAERE Guy Marcel Jules holds 196 shares (100%)
- BAUDOUX Christine Julia Arthur Antoinette Ferdinande holds 196 shares (100%)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement disponible” (deed in French)
- Board rule, “autorisation de distribution d'un dividende selon le mécanisme de l'acompte sur dividende, bénéfice de l'exercice en cours ou bénéfice de l'exercice précédent s…” (deed in French)
- Capital, mentioned 2 times in the deed
- Director resignation, DELAERE Guy Marcel Jules (manager)
- Director appointment, DELAERE Guy Marcel Jules (director (not named in the articles) and managing director)
- Other provision, “Décision d'adapter les statuts de la société aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “Adaptation du capital de la société au Code des sociétés et des associations (maintien du compte de capitaux propres statutairement disponible)” (deed in French)
- The act holds 4 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
24 activities
- Toutes activités et entreprises relevant de la constitution, de la gestion et de la valorisation d'un patrimoine mobilier et immobilier
- Acquérir, échanger, constituer et céder ou vendre à titre onéreux des biens ou droits immobiliers et mobiliers, en ce compris tous fonds de commerce ou tous fonds industriels
- Prendre ou donner en location tous biens meubles et immeubles
- Consentir toutes aliénations
- Contracter ou consentir tous emprunts, hypothécaires ou non, sauf dans la mesure où ceux-ci seraient réservés en vertu de la loi aux banques de dépôts ou autres organismes
- La gestion d'un patrimoine immobilier notamment par : L'acquisition, la construction, la rénovation et la transformation de tous biens immeubles en vue de les donner en location
- Leur vente ; la gestion, la mise en location ou en sous-location des biens immeubles composant ce patrimoine
- Toutes études et tous projets immobiliers, restructurations et opérations de toutes natures tendant à améliorer ou revaloriser la consistance du patrimoine immobilier de la société, ou d'en diversifier les affectations
- Toutes activités relevant du domaine de la promotion immobilière
- La concession de droits d'emphytéose ou superficie ou de tout droit démembré de la propriété ou de tout droit réel ou personnel quelconque, la renonciation à tout droit d'accession
- Fournir au nom et pour compte de ses administrateurs ou associés ainsi que pour toutes personnes morales ou physiques, toutes garanties généralement quelconques dans le respect des dispositions impératives du Code des Sociétés
- La location de matériel d'exploitation et outillage divers, la location de véhicules et matériel roulant divers
- Exercer des fonctions de gérant, administrateur, liquidateur dans d'autres sociétés
- La consultance et le conseil dans les domaines relevant de la construction et du bâtiment en général
- La prestation des travaux techniques d'engineering dans le domaine de la construction, toutes études de travaux, installations, constructions et entreprises tant dans le domaine public que privé ainsi que toutes activités connexes et opérations similaires
- Faire pour son compte ou pour le compte d'autrui toutes opérations se rapportant directement ou indirectement à l'étude de tous procédés de fabrication de matériaux du bâtiment, l'étude de travaux, la construction de bâtiments et la promotion immobilière, le commerce de matériaux de construction, l'assistance dans le domaine de la construction de l'équipement et du parachèvement de bâtiments
- Établir ou faire établir tous projets et avant-projets, organiser ou faire organiser tous programmes de travaux, procéder ou faire procéder à toutes études de développement ou d'aménagement, émettre tous avis et conseils sur plan professionnel, réaliser ou faire réaliser toutes expertises
- Exercer les activités de coordinateur sécurité, PEB, etc.
- Investir dans des valeurs mobilières, prendre des participations, constituer des sociétés, entreprises, groupements, institutions de toute nature et sous quelque forme que ce soit
- Se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non
- Effectuer des prestations en matière de conseils en gestion commerciale, comptable et financière
- Acquérir, céder ou concéder tous brevets, licences et marques, les exploiter pour son compte ou pour compte de tiers
- S'intéresser par voie d'apport, de fusion, de souscription, de participation, d'intervention financière ou autrement, dans toutes sociétés et entreprises existantes ou à créer en Belgique ou à l'étranger dont l'objet serait analogue ou connexe au sien ou qui serait susceptible de constituer pour elle une source d'approvisionnement ou une source de débouchés
- Accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0676.704.167
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55027C0063/00A000 | Wallonia | 6,190 m² | 1 · 186 m² | 9.9 m · 2 |