PDF 2 Land
ActiveFrom the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The annual accounts of PDF 2 Land for financial year 2025 show a net loss of 78% of the equity at the start of that year. The 2025 annual accounts show equity of €468,789 and a net result of -€54,447. Equity is growing by about 14% per year across the filed financial years. The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 03-02-2020 Normal situation
- Legal form
- Public limited company
- Registered office
- Vredestraat 53, 8790 Waregem
- Activity
- “De vennootschap heeft tot voorwerp,in de meest ruime zin,vastgoedprojecten realiseren.” (deed in Dutch)From the articles, 9 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.301.721.413 8790 Waregem, since 03-02-2020
- Financial year end
- 30 June
- Peppol
- Reachable
Who decides
- HILLEWAERE Mark Rafael JohanDirector
- Davy DEMUYNCKDirector
- High 5 Investments BVDirector · permanent representative Dirk Mertens
- Kristof VANFLETERENDirector
- Auditor
- BDO Bedrijfsrevisoren bv
- Holdings
- Shares in 1 company D83
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€26,148
- ▼ 150%
- Loss
- €54,447
- ▲ 18×
- Equity
- €468,789
- ▲ 574%
- Total assets
- €41.7m
- ▲ 62.2%
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 4.07, cash €10,235, halvedFounded in 2020lowers riskSize: total assets €41.7mNo main activity registeredShow the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, medium-sized): better than 10% on solvency, 23% on liquidity, 38% on profitability and 99% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 5 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Key points
- Risk: 3 loss-making years in a rowloss financial year 2025 -€54,447 View
- Caution: Result fell in 2025from -€2,951 to -€54,447 ▼ 1,745% View
- New directorslatest change 08-12-2025 · 4 in office 3 joined View
- Merger with De Tolhuizen Galgenbergmerger on 09-10-2024 2024 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 16-12-2025
- Annual accounts 2024filed on 19-12-2024
- Annual accounts 2023filed on 26-01-2024
- Annual accounts 2022filed on 21-12-2022
Acts in the Belgian Official Gazette
- Resignations & appointmentsact of 12-01-2026
- Capital & shares · Amendment of the articlesact of 25-06-2025
- Capital & shares · Amendment of the articles · Restructuringact of 19-12-2024
- Resignations & appointmentsact of 24-10-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about PDF 2 Land
- What is the company number of PDF 2 Land?
- 0742.859.058. In Belgium the VAT number is the company number with BE in front: BE 0742.859.058.
- Where is PDF 2 Land based?
- The registered office is at Vredestraat 53, 8790 Waregem.Company details
- What is the legal form of PDF 2 Land?
- Public limited company (NV).
- When was PDF 2 Land founded?
- On 03-02-2020.
- Is PDF 2 Land still active?
- Yes, PDF 2 Land is an active enterprise in the KBO register.
- What is the turnover of PDF 2 Land?
- The annual accounts for financial year 2025 state no turnover: the abbreviated format does not require it.Financials
- Is PDF 2 Land profitable?
- In financial year 2025, PDF 2 Land made a loss of €54,447.
- Where can I find the annual accounts of PDF 2 Land?
- PDF 2 Land filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of PDF 2 Land due?
- By 31-01-2027, for financial year 2026.Timeline
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Subsidiaries and holdings
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