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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
H2L from Kluisbergen, company number BE0819001880, closed financial year 2025 with a result of € -316,565 after tax. For that financial year H2L recorded a gross margin of € 662,280 and equity of € 7.5 million. Compared with financial year 2024, the result moved from € -35,862 to € -316,565. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 2, 2026.
€ 7.5 million
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -316,565
▼ 783 % more loss than in 2024
Profit after tax over the fiscal year.
€ 207,982
▲ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7.5 million.
People and assets in 2025
9.6
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 792,471
▲ 33% vs 2024
€ 82,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 28,963
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 26% vs 2024
€ 397,857 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 255,919
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 187,484
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 819,974 | € 1,785,174 | € 1,190,718 | € 662,280 | ▼ 44% |
| Profit after taxes | € 520,238 | € 3,130,278 | € -35,862 | € -316,565 | ▼ € 280,703 |
| Equity | € 7,923,983 | € 10,859,261 | € 7,833,399 | € 7,516,834 | ▼ 4% |
| Total debts | € 4,751,725 | € 2,703,739 | € 8,168,887 | € 7,196,035 | ▼ 12% |
| Cash | € 2,684 | € 183,973 | € 110,367 | € 207,982 | ▲ 88% |
| Retained profit | € 7,905,433 | € 10,840,711 | € 7,814,849 | € 7,498,284 | ▼ 4% |
| Dividend | € 211,006 | € 195,000 | € 2,990,000 | € 0 | ▼ 100% |
| Bank debt | € 2,391,825 | € 1,744,375 | € 1,846,158 | € 1,362,143 | ▼ 26% |
| Balance sheet total | € 12,675,708 | € 13,563,000 | € 16,002,286 | € 14,712,869 | ▼ 8% |
| Employees (FTE) | 5.5 | 5.4 | 7.6 | 9.6 | ▲ 2 |
Key figures of H2L, 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 H2L?
What happened at H2L in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 316,565. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Avelgem. KBO
In short
From € 520,238 profit in 2022 to € 316,565 loss in 2025.
Paid € 335,421 in corporate taxes since 2022.
Best year ever: 2023, with € 3.1 million profit.
On average € 69,000 of value added per employee in 2025.
Management
Behind H2L is Jan Pison. It owns 100% of DD FISC, 100% of DECOSTERE ACCOUNTANCY IEPER, 100% of DECOSTERE ACCOUNTANCY IZEGEM, 100% of DECOSTERE ACCOUNTANCY AVELGEM, 100% of PB IMMO and 100% of DECOSTERE ACOUNTANCY DRONGEN itself.
Directors
According to the 2025 annual accounts
Jan Pison
Director
Also active at: DECOSTERE ACCOUNTANCY AVELGEM, DECOSTERE ACCOUNTANCY IZEGEM, Volleybal Sport Vereniging, DECOSTERE ACCOUNTANCY IEPER, DECOSTERE ACCOUNTANCY DRONGEN, Five Twenty Eight, PB IMMO, DD FISC +1 more
Establishments
Establishment units
Physical locations of this company
Berchemstraat 53
9690 Kluisbergen
Oudenaardsesteenweg 81
8580 Avelgem
Active since 25 September 2009
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0819.001.880
- VAT number
- BE 0819.001.880
- Registered office
- Berchemstraat 53, 9690 Kluisbergen
- Names & denominations
- H2L
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2009
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- apotheekvanmeirhaeghe.be
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants
Activiteiten van holdings
Holdings