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 4 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 23 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LES DEUX D from Wavre, company number BE0722700280, closed financial year 2025 with a result of € -146,733 after tax. For that financial year LES DEUX D recorded a gross margin of € 195,255 and equity of € -455,145. Compared with financial year 2024, the result moved from € -115,998 to € -146,733. 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 6, 2026.
€ -455,145
▼ € 146,733 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -146,733
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 997
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -705,145.
People and assets in 2025
€ 3 million
▼ 5% vs 2024
Of which on lease € 3 million.
Debts at end 2025
€ 3.3 million
▼ 4% vs 2024
€ 130,920 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 213,736
▲ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 900
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 295,096 | € 244,696 | € 196,557 | € 195,255 | ▼ 1% |
| Profit after taxes | € -58,783 | € -91,685 | € -115,998 | € -146,733 | ▼ € 30,735 |
| Equity | € -100,729 | € -192,414 | € -308,412 | € -455,145 | ▼ € 146,733 |
| Total debts | € 4,142,921 | € 3,900,848 | € 3,708,307 | € 3,689,916 | |
| Cash | € 66,369 | € 2,740 | € 735 | € 997 | ▲ 36% |
| Retained profit | € -350,729 | € -442,414 | € -558,412 | € -705,145 | ▼ € 146,733 |
| Bank debt | € 3,614,900 | € 3,498,887 | € 3,378,105 | € 3,252,356 | ▼ 4% |
| Balance sheet total | € 4,042,193 | € 3,708,434 | € 3,399,895 | € 3,234,771 | ▼ 5% |
Key figures of LES DEUX D, 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 LES DEUX D?
What happened at LES DEUX D in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas DUYSAN stepped down as director. NBB
- WIERTZ DEVELOPMENT SA stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 146,733. Source: NBB ↗
- Nicolas DUYSAN became a director. NBB
- WIERTZ DEVELOPMENT SA became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 58,783 loss in 2022 to € 146,733 loss in 2025.
A new publication or filing at LES DEUX D? 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 KIMBAL GI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
LES DEUX DThe shares are held by KIMBAL GI (100%).
Directors
According to the 2025 annual accounts
Nicolas DUYSAN
Director
since 2023 · until 2029
Managing director
Also active at: NETIKA INVEST, NETIKA GROUP, LES TROIS B, KIMBAL GI, Quartz Finance, Divundu
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 402
1300 Wavre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0722.700.280
- VAT number
- BE 0722.700.280
- Registered office
- Chaussée de Bruxelles 402, 1300 Wavre
- Names & denominations
- LES DEUX D
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2019
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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