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2K-LINE

Active
Private limited companyfounded 2021active for 4 yearsVrankrijkstraat (SCH) 20, 9200 Dendermonde, BelgiumKBO/BCE: BE 0779.292.258
Summary

The computed 12-month bankruptcy probability of 2K-LINE is 3.9% (moderate). The annual accounts of 2K-LINE for financial year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €2,123 and a net result of -€14,090. Equity has been shrinking by about 160% per year since 2023. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 10% of 2,396 sector peers (NACE 49, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-12-2021 Normal situation
Activity
Freight transport by road NACE 49410and 2 others
Establishment unit
2.325.750.390 9200 Dendermonde, since 02-01-2022
Financial year end
30 June
Peppol
Reachable since 01-09-2025

Board and ownership

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.9%
Annual accounts to 30-06-2025
Gross margin
€161,040
▲ 1.2%
Turnover
≈ €410,000
estimated
Loss
€14,090
▼ 62.8%
Equity
€2,123
▼ 86.9%
Total assets
€421,553
▼ 13.5%
Employees on 30-06-2025
1
=
Score breakdownraises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 2021Equity €2,123 (0.5% of total assets)Liquidity: current ratio 0.65, cash €2,928, halvedShow the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 21% of micro companies in land transport (NACE 49)
Financial strength · tick: 2024
Weak
Solvency 26-2
equity 0.5% of total assets
Liquidity 37-11
short-term debt 31.9% · cash 0.7%
Profitability 54+17
return on assets -3.3%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 12-2024: 3.1%lowest value 01-2025: 3.2%▲ +0.1 percentage points vs 12-2024 02-2025: 3.8%▲ +0.6 percentage points vs 01-2025 03-2025: 4.2%▲ +0.4 percentage points vs 02-2025 04-2025: 4.2%● unchanged vs 03-2025highest value 05-2025: 4.2%● unchanged vs 04-2025highest value 06-2025: 4.2%● unchanged vs 05-2025highest value 07-2025: 4.2%● unchanged vs 06-2025highest value 08-2025: 4.2%● unchanged vs 07-2025highest value 09-2025: 3.7%▼ -0.5 percentage points vs 08-2025 10-2025: 3.9%▲ +0.2 percentage points vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.6%▼ -0.3 percentage points vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 3.6%● unchanged vs 01-2026 03-2026: 3.6%● unchanged vs 02-2026 04-2026: 3.6%● unchanged vs 03-2026 05-2026: 3.6%● unchanged vs 04-2026 06-2026: 3.7%▲ +0.1 percentage points vs 05-2026 07-2026: 3.7%● unchanged vs 06-2026 08-2026: 3.7%● unchanged vs 07-2026 09-2026: 3.7%● unchanged vs 08-2026 10-2026: 3.9%▲ +0.2 percentage points vs 09-2026 11-2026: 3.9%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.65 (0.8 in 2024), below 1. Short-term debt is 31.9% and cash 0.7% of total assets. 99.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 15% of them on solvency, 35% on liquidity, 29% on profitability and 7% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
raises riskneutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €2,123 (0.5% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.65, cash €2,928, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
232425
2023 to 2025 · latest year -€14,090
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2396 sector peers (2025).
NBB · sector comparison
Position among 2396 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-11-2025, 64 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
64 days early
2024
on the day
2023
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 23 days before the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 26 January (3 of the last 3 accounts filed within 59 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 89% of companies in land transportsector median 39.0% · 2,396 companies 0.5% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€14,090 View
  • New directorlatest change 03-12-2025 · 2 in office 1 joined View

Recent changes

  1. · Gazette deed Appointment: Kristel Sonia Kindermans (director)
  2. · Gazette deed IncorporationStarting capital €4,000 · Appointment: DE PAUW Koen Maria (director)
All 6 events

Comparable companies

These companies have the same main activity as 2K-LINE: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €369,000 and €588,000, founded between 2020 and 2023.

CompanyTotal assetsGross margin
2K-LINE Dendermonde€421,553€161,040
Transports Noll et fils Burg-Reuland€491,092€159,325
TRANSPORT LOUIS HEINEN Baelen€371,071€126,396
Floru Car Services Haaltert€368,862€246,282
TRANSFREIGHT SERVICES Antwerpen€440,419€183,875
Brahy Terrassement Villers-le-Bouillet€588,136€167,069
LOUIS VANDENDRIESSCHE TRANSPORT Oostende€477,963€296,733
Full comparison

Key facts about 2K-LINE

What is the company number of 2K-LINE?
The company number of 2K-LINE is 0779.292.258. The VAT number is the same number with BE in front: BE 0779.292.258.
Where is 2K-LINE based?
The registered office is at Vrankrijkstraat (SCH) 20, 9200 Dendermonde.Company details
What does 2K-LINE do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of 2K-LINE?
The legal form of 2K-LINE is Private limited company (BV).
When was 2K-LINE founded?
2K-LINE was founded on 23-12-2021.
Is 2K-LINE still active?
Yes, 2K-LINE is an active enterprise in the KBO register.
How many employees does 2K-LINE have?
2K-LINE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of 2K-LINE?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €161,040 and 79 comparable companies (NACE 49410). It probably lies between €340,000 and €560,000.
Is 2K-LINE profitable?
In financial year 2025, 2K-LINE made a loss of €14,090.
Where can I find the annual accounts of 2K-LINE?
2K-LINE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of 2K-LINE due?
2K-LINE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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