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ENTRE DEUX

Active
Private limited companyfounded 20251 yr activeEuroparklaan 1019, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 1018.368.356
Summary

ENTRE DEUX has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,458 and a net result of -€54,542. Its solvency ranks better than 26% of 9354 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes
Profitability30
Solvency32
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.28; short-term debt: 5.5% and cash: 0.9% of total assets), and 92.7% of the assets are financed with debt.
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Signals

Three 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 1 filing
Deviation from the deadline
2025
27 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ENTRE DEUX was incorporated on 7 January 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€125,458
Total assets
€1.7m
Net result
-€54,542
Working capital
-€69,028

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €1.7m
Fixed assets €1.7m
Current assets €26,522
Equity and liabilities €1.7m
Equity €125,458
Debt €1.6m
Debt finances 92.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€79,957
Cash flow
€34,791
Current ratio
0.28
Debt to equity
12.78
ROE
-43.5%
ROA
-3.2%
Interest coverage
1.77
Debt ≤ 1 year
€95,551
Debt > 1 year
€1.5m

Peer companies

Historical observation

Of the 120 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 96% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
2.5% went bankrupt
1.7% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 120 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€1.7m
Fixed assets21/28€1.7m
Tangible fixed assets22/27€1.7m
Land and buildings22€1.7m
Current assets29/58€26,522
Amounts receivable within one year40/41€10,138
Trade receivables40€10,138
Cash at bank and in hand54/58€16,385
Equity and liabilities
Total equity and liabilities10/49€1.7m
Equity10/15€125,458
Contributions10/11€180,000
Profit (loss) carried forward14-€54,542
Amounts payable17/49€1.6m
Amounts payable after more than one year17€1.5m
Financial debts170/4€1.5m
Amounts payable within one year42/48€95,551
Current portion of amounts payable after more than one year42€78,079
Trade debts44€11,032
Suppliers440/4€11,032
Taxes, remuneration and social security45€6,439
Taxes450/3€6,439
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89,333
Other operating charges640/8€8,625
Gross operating margin9900€88,582
Operating profit (loss)9901-€9,377
Financial charges65/66B€45,166
Recurring financial charges65€45,166
Profit (loss) for the period before taxes9903-€54,542
Profit (loss) for the period9904-€54,542
Profit (loss) for the period to be appropriated9905-€54,542
Appropriation of the result
Profit (loss) to be appropriated9906-€54,542

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89,333
Other operating charges640/8€8,625
Gross operating margin9900€88,582
Operating profit (loss)9901-€9,377
Financial charges65/66B€45,166
Recurring financial charges65€45,166
Profit (loss) for the period before taxes9903-€54,542
Profit (loss) for the period9904-€54,542
Profit (loss) for the period to be appropriated9905-€54,542
Line2025
Assets
Total assets20/58€1.7m
Fixed assets21/28€1.7m
Tangible fixed assets22/27€1.7m
Land and buildings22€1.7m
Current assets29/58€26,522
Amounts receivable within one year40/41€10,138
Trade receivables40€10,138
Cash at bank and in hand54/58€16,385
Equity and liabilities
Total equity and liabilities10/49€1.7m
Equity10/15€125,458
Contributions10/11€180,000
Profit (loss) carried forward14-€54,542
Amounts payable17/49€1.6m
Amounts payable after more than one year17€1.5m
Financial debts170/4€1.5m
Amounts payable within one year42/48€95,551
Current portion of amounts payable after more than one year42€78,079
Trade debts44€11,032
Suppliers440/4€11,032
Taxes, remuneration and social security45€6,439
Taxes450/3€6,439
Line2025
Profit (loss) for the period9904-€54,542
+ Depreciation and write-downs630€89,333
Operating cash flow (approximation)€34,791

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Houthalen-Helchteren
approximate (street level) On OpenStreetMap
Ground area
1,043 m²
Parcel 72015D0785/00_000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72015D0785/00_000 Flanders 1,043 m² - -
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.

Similar companies · same sector, comparable size

Of 12,040 companies in sector 68203 we hold annual accounts for 6,007. 3,966 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
Founded07-01-2025
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018368356
Also 9925:BE1018368356
Registered 03-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.