ACTIVE

Down2Earth Capital II

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Financial year 2025 · closed on 31/03/2025

Net result

-9,1 M €

-184.7% YoY

Revenue

735,6 k €

+6.0% YoY

Equity

55 M €

+8.0% YoY

What does Down2Earth Capital II do?

Down2Earth Capital II is a Ordinary limited partnership incorporated in 2018. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0695.614.417

Incorporation

02/05/2018

Legal form

Ordinary limited partnership

Registered office

Minderbroedersrui 11
2000 Antwerpen · FlandreSee on map

Contributed capital

59 410 235,00 €

Latest accounts

31/03/2025

Activities (NACE)

82990Other business support service activities n.e.c.· main 82990Other business support service activities n.e.c.64200Activities of holding companies 64210Activities of holding companies

Signals

Solid equityLow risk

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Revenue	735,6 k €	+6.0%	694,2 k €	-3.0%	715,8 k €	+38.2%	518 k €	+7.7%	480,9 k €	-19.7%	598,9 k €	+423%	114,6 k €
EBITDA	-2 M €	-14.9%	-1,8 M €	+23.0%	-2,3 M €	-15.5%	-2 M €	+0.2%	-2 M €	-23.2%	-1,6 M €	+49.8%	-3,2 M €
Operating result	-2 M €	-14.9%	-1,8 M €	+23.0%	-2,3 M €	-15.5%	-2 M €	+0.2%	-2 M €	-23.2%	-1,6 M €	+49.8%	-3,2 M €
Net result	-9,1 M €	-185%	10,8 M €	-46.2%	20,1 M €	+505%	3,3 M €	+137%	-9 M €	-402%	-1,8 M €	+45.1%	-3,3 M €
Balance sheet
Equity	55 M €	+8.0%	50,9 M €	+26.9%	40,1 M €	-2.0%	41 M €	+8.8%	37,7 M €	+5.7%	35,7 M €	+702%	4,4 M €
Total assets	58,6 M €	+14.9%	51 M €	+25.7%	40,6 M €	-1.2%	41,1 M €	+8.8%	37,8 M €	-9.5%	41,8 M €	+248%	12 M €
Cash	67,2 k €	-86.1%	482,4 k €	+207%	157,1 k €	-84.7%	1 M €	-67.5%	3,2 M €	+348%	706,1 k €	-33.6%	1,1 M €
Debts	3,6 M €	+5119%	69,4 k €	-83.9%	430 k €	+326%	100,8 k €	-2.3%	103,2 k €	-98.3%	6,1 M €	-19.5%	7,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 2 ended

Active mandates

Down2Earth Partners

Manager · since 02 mai 2018 · 0535.891.841

Represented by Peter Kloeck

Active

Ended mandates

Down2Earth Partners

Director · since 02 mai 2018 · 0535.891.841

Represented by Peter KLOECK

Ended

Down2Earth Partners

Manager · since 02 mai 2018 · 0535.891.841

Represented by Peter Kloeck

Ended

At this address

Other companies at this address

Company	CBE no.
Alexander Van gestel● Active	1031.563.326
CC PARTNERSHIP● Active	0765.219.835
Down2Earth Capital● Liquidation	0536.345.068
Down2Earth Capital III● Active	1009.238.379
Down2Earth Cinvestco● Active	1011.351.593
Down2Earth Cinvestco II● Active	1018.239.583
Down2Earth Cinvestco II Partnership● Active	1017.668.768
Down2Earth Cinvestco Partnership● Active	1009.752.479
Down2Earth Continuation Fund Privak● Active	1002.584.872
Down2Earth Investment Fund● Liquidation	0542.782.504
Down2Earth Opportunities Fund privak● Active	0744.580.611
Down2Earth Partners● Active	0535.891.841
Down2Earth Partners II● Active	1008.963.019
Down2Earth Privak● Liquidation	0536.347.741
E2D1● Active	1019.037.062
F.S.B.● Active	0400.377.594
The Teak Holding● Active	0791.207.719
Vereniging van Mede-eigenaars van het gebouw te 2000 Antwerpen, Minderbroedersrui 11● Active	0741.878.962

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	m120-f-p	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/10/2025	11/10/2024	06/10/2023	11/10/2022	24/09/2021	08/10/2020
General meeting	11/09/2025	12/09/2024	14/09/2023	08/09/2022	01/01/9999	10/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	11/09/2025	10/10/2025	Dutch	PDF
m120-f-p	31/03/2025	11/09/2025	10/10/2025	Dutch	PDF
Full model	31/03/2024	12/09/2024	11/10/2024	Dutch	PDF
m120-f-p	31/03/2024	12/09/2024	11/10/2024	Dutch	PDF
Full model	31/03/2023	14/09/2023	06/10/2023	Dutch	PDF
m120-f-p	31/03/2023	14/09/2023	05/10/2023	Dutch	PDF
Full model	31/03/2022	08/09/2022	11/10/2022	Dutch	PDF
m120-f-p	31/03/2022	08/09/2022	11/10/2022	Dutch	PDF
Full model	31/03/2021	09/09/2021	23/09/2021	Dutch	PDF
m120-f-p	31/03/2021	01/01/9999	24/09/2021	Dutch	PDF
Full model	31/03/2020	10/09/2020	08/10/2020	Dutch	PDF
m120-f-p	31/03/2020	10/09/2020	08/10/2020	Dutch	PDF
Full model	31/03/2019	12/09/2019	04/10/2019	Dutch	PDF
m120-f-p	31/03/2019	12/09/2019	11/10/2019	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 2 ended

Active mandates

Down2Earth Partners

Manager · since 02 mai 2018 · 0535.891.841

Represented by Peter Kloeck

Active

Ended mandates

Down2Earth Partners

Director · since 02 mai 2018 · 0535.891.841

Represented by Peter KLOECK

Ended

Down2Earth Partners

Manager · since 02 mai 2018 · 0535.891.841

Represented by Peter Kloeck

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares19/08/2025
KAPITAAL - AANDELEN
PDF
Mandates26/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/01/2023
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares20/09/2022
KAPITAAL - AANDELEN
PDF
Mandates20/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/07/2020
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares22/10/2019
KAPITAAL - AANDELEN
PDF
Capital / shares12/06/2018
KAPITAAL - AANDELEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

16/07/2025
augmentation_capital
2025
Annual accounts 2025-9,1 M €↓
19/12/2024
reduction_capital
2024
Annual accounts 202410,8 M €↓
2024
Name changeDown2Earth Capital II private privak naar Belgisch recht
14/09/2023
reconductionBDO Bedrijfsrevisoren — BDO Réviseurs d'Entreprises — commissaris
2023
Annual accounts 202320,1 M €↑
08/12/2022
reduction_capital
01/08/2022
reduction_capital
2022
Annual accounts 20223,3 M €↑
2022
Name changeDown2Earth Capital II
2021
Annual accounts 2021-9 M €↓
2020
Annual accounts 2020-1,8 M €↑
2019
Annual accounts 2019-3,3 M €
02/05/2018
IncorporationOrdinary limited partnership

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Down2Earth Capital II

Overview

What does Down2Earth Capital II do?

Trend over 7 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline