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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
2 Build from Knokke-Heist, company number BE0876433602, closed financial year 2025 with a result of € 43,316 after tax. For that financial year 2 Build recorded a gross margin of € 109,411 and equity of € -1,945. Compared with financial year 2024, the result moved from € -40,162 to € 43,316. Profitable, and profit is growing. 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 17, 2026.
€ -1,945
▲ € 43,316 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 43,316
▲ still € 40,162 loss in 2024
Profit after tax over the fiscal year.
€ 6,392
▲ 116% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -20,545.
Debts at end 2025
€ 691,773
▼ 55% vs 2024
Loans from banks and other lenders, long and short.
€ 1,730
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -16,637 | € -5,394 | € 54,674 | € 109,411 | ▲ 100% |
| Profit after taxes | € -18,323 | € -6,953 | € -40,162 | € 43,316 | ▲ € 83,478 |
| Equity | € 1,855 | € -5,099 | € -45,261 | € -1,945 | ▲ € 43,316 |
| Total debts | € 32,451 | € 65,348 | € 1,668,410 | € 952,992 | ▼ 43% |
| Cash | € 23,582 | € 149 | € 2,958 | € 6,392 | ▲ 116% |
| Retained profit | € -16,745 | € -23,699 | € -63,861 | € -20,545 | ▲ € 43,316 |
| Bank debt | € 0 | € 0 | € 1,537,800 | € 691,773 | ▼ 55% |
| Balance sheet total | € 34,306 | € 60,249 | € 1,623,149 | € 951,047 | ▼ 41% |
Key figures of 2 Build, 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 2 Build?
What happened at 2 Build in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 43,316. Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Start of the company according to the CBE. KBO
In short
From € 18,323 loss in 2022 to € 43,316 profit in 2025.
Best year ever: 2025, with € 43,316 profit.
Management
Behind 2 Build is Luc Van Den Eynden. It owns 50% of Sanval itself.
Directors
According to the 2025 annual accounts
Luc Van Den Eynden
Director
Establishments
Establishment units
Physical locations of this company
Zeedijk-Heist 94 box 62
8301 Knokke-Heist
Zeedijk-Duinbergen 94 box 62
8301 Knokke-Heist
Active since 4 October 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0876.433.602
- VAT number
- BE 0876.433.602
- Registered office
- Zeedijk-Heist 94 bus 62, 8301 Knokke-Heist
- Names & denominations
- 2 Build
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2005
- Peppol
- Active · Active since 8 Dec 2025