Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ND2 from Brasschaat, company number BE0644755832, closed financial year 2025 with a result of € -29,007 after tax. For that financial year ND2 recorded a gross margin of € -4,152 and equity of € -338,338. Compared with financial year 2024, the result moved from € -31,961 to € -29,007. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ -338,338
▼ € 29,007 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,007
▲ 9 % less loss than in 2024
Profit after tax over the fiscal year.
€ 109,493
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -356,938.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,500
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 13,091 | € -278,942 | € -15,009 | € -4,152 | ▲ € 10,857 |
| Profit after taxes | € 0 | € -295,971 | € -31,961 | € -29,007 | ▲ € 2,954 |
| Equity | € 18,600 | € -277,371 | € -309,331 | € -338,338 | ▼ € 29,007 |
| Total debts | € 273,642 | € 316,688 | € 424,187 | € 449,740 | ▲ 6% |
| Cash | € 33,301 | € 32,216 | € 112,946 | € 109,493 | ▼ 3% |
| Retained profit | € 0 | € -295,971 | € -327,931 | € -356,938 | ▼ € 29,007 |
| Balance sheet total | € 292,242 | € 39,317 | € 114,855 | € 111,402 | ▼ 3% |
Key figures of ND2, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to ND2?
What happened at ND2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,007. Source: NBB ↗
- New establishment in Brasschaat. KBO
- Start of the company according to the CBE. KBO
In short
From € 0 profit in 2022 to € 29,007 loss in 2025.
A new publication or filing at ND2? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of AHORN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ND2Behind ND2 are Johnny Nauwelaerts, Ahorn BV and Elisabeth D'Hoore. The shares are held by AHORN (33.3%).
Directors
According to the 2025 annual accounts
Director · represented by Peter D'Hoore
Also active at: D²N sustainable projects, PROCOUNT, The Retail Factory International
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Baillet-Latourlei 127
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0644.755.832
- VAT number
- BE 0644.755.832
- Registered office
- Baillet-Latourlei 127, 2930 Brasschaat
- Names & denominations
- ND2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2015
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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