Active · per the CBE, 17 September 2026

LOCAL ENERGY SAVING SOLUTIONS 2

BE0668714634

Rechtspersoon Public limited company 1 establishment

LOCAL ENERGY SAVING SOLUTIONS 2 is an engineering firm in Gent. Public Limited, started on 4 January 2017, 1 establishment.

Nieuwewandeling 62 box 18, 9000 Gent

Active for

9 year, 8 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Busy address KBO

    86 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

LOCAL ENERGY SAVING SOLUTIONS 2 from Gent, company number BE0668714634, closed financial year 2025 with a result of € -11,583 after tax. For that financial year LOCAL ENERGY SAVING SOLUTIONS 2 recorded a gross margin of € 400,239 and equity of € -166,281. Compared with financial year 2024, the result moved from € -51,988 to € -11,583. 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 January 13, 2026.

What it is worth Caution

€ -166,281

▼ € 18,258 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -11,583

▲ 78 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 157,254

▼ 15% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -489,189.

Debts at end 2025

Bank debt ≈ 5 years to go

€ 1.5 million

▼ 23% vs 2024

€ 291,340 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 36,030

▼ 61% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 31,914

▲ 68% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 379,425 € 367,442 € 394,990 € 400,239 ▲ 1%
Profit after taxes € -59,818 € -64,574 € -51,988 € -11,583 ▲ € 40,405
Equity € -18,110 € -89,359 € -148,023 € -166,281 ▼ € 18,258
Total debts € 2,531,925 € 2,279,844 € 2,032,628 € 1,569,756 ▼ 23%
Cash € 180,670 € 180,487 € 185,109 € 157,254 ▼ 15%
Retained profit € -361,043 € -425,617 € -477,606 € -489,189 ▼ € 11,583
Bank debt € 2,468,187 € 2,175,675 € 1,904,822 € 1,473,424 ▼ 23%
Balance sheet total € 2,528,127 € 2,202,571 € 1,894,466 € 1,411,110 ▼ 26%

Key figures of LOCAL ENERGY SAVING SOLUTIONS 2, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to LOCAL ENERGY SAVING SOLUTIONS 2?

What happened at LOCAL ENERGY SAVING SOLUTIONS 2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Participatiemaatschappij Vlaanderen NV stepped down as director. NBB
  • Piet Colruyt stepped down as director. NBB
  • Wattson NV stepped down as director. NBB
  • New annual accounts for financial year 2025: loss of € 11,583. Source: NBB ↗
  • Participatiemaatschappij Vlaanderen NV became a director. NBB
  • Piet Colruyt became a director. NBB
  • Wattson NV became a director. NBB
  • New establishment in Gent. KBO

In short

From € 59,818 loss in 2022 to € 11,583 loss in 2025.

Management

The stake of SUSTAINABLE ENERGY VENTURES, IMPACT CAPITAL, WATTSON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

LOCAL ENERGY SAVING SOLUTIONS 2

The shares are held by SUSTAINABLE ENERGY VENTURES (45%), IMPACT CAPITAL (45%) and WATTSON (10%).

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Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwewandeling 62 box 18

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0668.714.634
VAT number
BE 0668.714.634
Registered office
Nieuwewandeling 62 bus 18, 9000 Gent
Names & denominations
LOCAL ENERGY SAVING SOLUTIONS 2 · LESS2
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
4 January 2017
Peppol
Active · Active since 30 Oct 2023
Activities · NACE

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Frequently asked questions

What does LOCAL ENERGY SAVING SOLUTIONS 2 do?
LOCAL ENERGY SAVING SOLUTIONS 2 is an engineering firm in Gent. Public Limited, started on 4 January 2017, 1 establishment.
What is the address of LOCAL ENERGY SAVING SOLUTIONS 2?
The registered office of LOCAL ENERGY SAVING SOLUTIONS 2 is located at Nieuwewandeling 62 box 18, 9000 Gent.
Is LOCAL ENERGY SAVING SOLUTIONS 2 still active?
Yes. According to the CBE (17 September 2026) LOCAL ENERGY SAVING SOLUTIONS 2 is active, legal situation “Normale toestand”, started on 4 January 2017.
Is LOCAL ENERGY SAVING SOLUTIONS 2 registered on Peppol?
Yes, LOCAL ENERGY SAVING SOLUTIONS 2 is registered on the Peppol network with ID 0208:0668714634.
What is the enterprise number of LOCAL ENERGY SAVING SOLUTIONS 2?
The enterprise number of LOCAL ENERGY SAVING SOLUTIONS 2 is BE0668714634.
When was LOCAL ENERGY SAVING SOLUTIONS 2 founded?
LOCAL ENERGY SAVING SOLUTIONS 2 was founded on 4 January 2017.