Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Down2Earth Capital II from Antwerpen, company number BE0695614417, closed financial year 2025 with a result of € -9.1 million after tax. For that financial year Down2Earth Capital II recorded revenue of € 735,625 and equity of € 55 million. Compared with financial year 2024, the result moved from € 10.8 million to € -9.1 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 10, 2025.
€ 55 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9.1 million
▼ still € 10.8 million profit in 2024
Profit after tax over the fiscal year.
€ 67,244
▼ 86% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.4 million.
Debts at end 2025
€ 3.5 million
Loans from banks and other lenders, long and short.
€ 100,060
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 13 days on average.
€ 20,334
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 518,000 | € 694,163 | € 735,625 | ▲ 6% |
| Profit after taxes | € 3,318,001 | € 10,796,351 | € -9,139,846 | ▼ € 19.9 million |
| Equity | € 40,985,622 | € 50,945,866 | € 55,006,020 | ▲ 8% |
| Total debts | € 113,331 | € 81,772 | € 3,631,411 | ▲ € 3.5 million |
| Cash | € 1,026,527 | € 482,431 | € 67,244 | ▼ 86% |
| Retained profit | € -10,724,613 | € 4,735,631 | € -4,404,215 | ▼ € 9.1 million |
| Bank debt | € 0 | € 0 | € 3,500,000 | |
| Balance sheet total | € 41,098,952 | € 51,027,638 | € 58,637,431 | ▲ 15% |
Key figures of Down2Earth Capital II, 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 October 2026.
What happened to Down2Earth Capital II?
What happened at Down2Earth Capital II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9.1 million (▼ € 19.9 million vs 2024). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Down2Earth Partners became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3.3 million profit in 2022 to € 9.1 million loss in 2025.
Best year ever: 2024, with € 10.8 million profit.
Pays suppliers within 13 days on average.
A new publication or filing at Down2Earth Capital II? We notify you, reason included.
Follow Down2Earth Capital IIDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Quaestor D2E II Participatie, TASTE INVEST, MD LOGISTICS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Down2Earth Capital IIBehind Down2Earth Capital II is Down2Earth Partners. The shares are held by Quaestor D2E II Participatie (19%), TASTE INVEST (0.3%) and MD LOGISTICS (0.3%). It owns 73.4% of Sustainable Cleaning Company, 60% of SummitCo, 55.9% of The Wallfashion House, 54.8% of Xplore The North NV, 50% of European Sheet Metal and Assembly and 50% of TM Holding itself.
Directors
According to the 2025 annual accounts
Manager · represented by Peter Kloeck
Also active at: Down2Earth Capital, Down2Earth Privak, Down2Earth Investment Fund, Xplore The North, Rentaltec, Down2Earth Opportunities Fund privak, TM Holding, MOVE INTERMODAL +3 more
since 2018
Shareholders
Participations
60%
55.9%
54.8%
50%
48.7%
45.8%
25%
Establishments
Establishment units
Physical locations of this company
Minderbroedersrui 11
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →F.S.B.
€ 297,873 gross margin · 2025
Down2Earth Partners same network
€ 1.3 million gross margin · 2025
Down2Earth Capital same network
€ 0 revenue · 2025
Down2Earth Privak same network
Down2Earth Investment Fund same network
+13 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0695.614.417
- VAT number
- BE 0695.614.417
- Registered office
- Minderbroedersrui 11, 2000 Antwerpen
- Names & denominations
- Down2Earth Capital II · D2E Capital II
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 2 May 2018
- Peppol
- Active · Active since 7 May 2024
- Activities · NACE
Overige zakelijke dienstverlening, neg
Activiteiten van holdings
Holdings