2.V.D.
ActiveSummary
2.V.D. has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.03M and a net result of €-78k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-29
Solvency91=
Growth51▼-19
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 3.22 in 2024; short-term debt: 27.8% and cash: 11.8% of total assets), and 34.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
65.7%
Return on assets
-0.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
28 d late
2022
29 d late
2021
24 d late
2020
31 d early
2019
26 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€15.46M▼ 4.5%
2024 · €16.19M
2018: €11.37M
2019: €13.80M
2020: €16.08M
2021: €15.58M
2022: €15.97M
2024: €16.19M
2018 → 2025
EBIT margin
-0.2%▼ 5.6pp
2024 · 5.4%
2018: 7.7%
2019: 4.8%
2020: 9.6%
2021: 7.2%
2022: 2.1%
2024: 5.4%
2018 → 2025
Net result
€-78k
2024 · €587k
2018: €549k
2019: €492k
2020: €1.06M
2021: €853k
2022: €62k
2023: €-209k
2024: €587k
2018 → 2025
Working capital
€5.36M▼ 0.2%
2024 · €5.36M
2018: €2.98M
2019: €3.50M
2020: €4.34M
2021: €4.72M
2022: €5.00M
2023: €4.77M
2024: €5.36M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€15.58M-€15.97M▲ 2.5%€16.19M€15.46M▼ 4.5%
Equity€5.67M-€5.73M▲ 1.1%€5.52M▼ 3.7%€6.11M▲ 10.6%€6.03M▼ 1.3%
Operating result€1.11M-€329k▼ 70.5%€-148k€875k€-25k
Net result€853k-€62k▼ 92.7%€-209k€587k€-78k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €875k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.17M
Fixed assets
€1.27M ▼ 13.6%
Current assets
€7.90M ▲ 1.6%
Equity and liabilities €9.17M
Equity
€6.03M ▼ 1.3%
Debt
€3.14M =
Debt's share of the balance-sheet total rises from 34.0% to 34.3%. Equity is lower.
Key figures and ratios
EBITDA
€216k▼
2024 · €1.14M
Cash flow
€163k▼
2024 · €849k
Current ratio
3.10▼
2024 · 3.22
Quick ratio
2.44▼
2024 · 2.58
Debt to equity
0.52▲
2024 · 0.51
ROE
-1.3%▼
2024 · 9.6%
ROA
-0.8%▼
2024 · 6.3%
Interest coverage
3.27▼
2024 · 12.95
Debt ≤ 1 year
€2.55M▲
2024 · €2.42M
Debt > 1 year
€594k▼
2024 · €726k
Income taxes
€6k▼
2024 · €201k
Staff costs
€985k▼
2024 · €1.18M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.25M€9.17M▼
Fixed assets21/28€1.47M€1.27M▼
Tangible fixed assets22/27€1.47M€1.27M▼
Land and buildings22€1.16M€1.07M▼
Plant, machinery and equipment23€67k€36k▼
Furniture and vehicles24€96k€85k▼
Leasing and similar rights25€142k€72k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€7.78M€7.90M▲
Stocks and contracts in progress3€1.54M€1.67M▲
Stocks30/36€1.54M€1.67M▲
Amounts receivable within one year40/41€4.39M€4.35M▼
Trade receivables40€4.16M€3.62M▼
Other amounts receivable41€223k€725k▲
Cash at bank and in hand54/58€1.17M€1.08M▼
Deferred charges and accrued income490/1€678k€802k▲
Equity and liabilities
Total equity and liabilities10/49€9.25M€9.17M▼
Equity10/15€6.11M€6.03M▼
Contributions10/11€68k€68k=
Capital10€68k€68k=
Issued capital100€68k€68k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€6.03M€5.96M▼
Amounts payable17/49€3.14M€3.14M=
Amounts payable after more than one year17€726k€594k▼
Financial debts170/4€726k€594k▼
Amounts payable within one year42/48€2.42M€2.55M▲
Current portion of amounts payable after more than one year42€222k€193k▼
Trade debts44€1.74M€1.97M▲
Suppliers440/4€1.74M€1.97M▲
Taxes, remuneration and social security45€448k€388k▼
Taxes450/3€245k€184k▼
Remuneration and social security454/9€203k€204k▲
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Turnover70€16.19M€15.46M▼
Goods, raw materials, services and sundry goods60/61€12.99M€13.14M▲
Remuneration, social security and pensions62€1.18M€985k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€262k€241k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€222k
Other operating charges640/8€893k€913k▲
Gross operating margin9900€3.21M€2.34M▼
Operating profit (loss)9901€875k€-25k▼
Financial income75/76B-€19k
Recurring financial income75-€19k
Financial charges65/66B€88k€66k▼
Recurring financial charges65€88k€66k▼
Profit (loss) for the period before taxes9903€788k€-72k▼
Income taxes67/77€201k€6k▼
Profit (loss) for the period9904€587k€-78k▼
Profit (loss) for the period to be appropriated9905€587k€-78k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6.03M€5.96M▼
Profit (loss) brought forward from the previous period14P€5.45M€6.03M▲
Social balance
Average headcount (FTE)908727.523.4▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Back to profitnet €587k
Net result €587k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-209k ▼438%
Net result drops to €-209k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial
Equity above €5MEq €5.67M ▲17.7%
4 profitable years in a row build equity to €5.67M.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €1.06M ▲115%
Operating result €1.55M, net result €1.06M, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
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.
Directors · office · real estate
Directors
3 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, Charleroi · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Boulevard Joseph Tirou 176000 CharleroiGround area
3,240 m²
Building footprint
1,120 m²
Volume, LiDAR
21,890 m³
2 parcels, Wallonia · tallest building 32.7 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
2 V D
since 19982.146.327.017
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92113A0002/00A013indicative | Wallonia | 1,811 m² | 1 · 373 m² | - |
| 52011C0195/00N000 | Wallonia | 1,430 m² | 1 · 748 m² | 32.6 m · 10 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAndenne2.146.327.017
Similar companies · same sector, comparable size
GÜLCAN HORECA
BE 0810.837.351
Mol · Eq €6.01M
TEKER
BE 0454.934.255
Charleroi · Eq €6.10M
DEVLIEGER Filip
BE 0459.208.787
Knokke-Heist · Eq €5.83M
Ingrizo
BE 0875.741.338
Nazareth-De Pinte · Eq €6.24M
EURO FRESH FOODS
BE 0417.694.074
Diest · Eq €6.26M
Of 699 companies in sector 46392 we hold annual accounts for 486. 188 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-05-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46392Non-specialised wholesale
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:085/82.60.01