2K-LINE
ActiveThe computed 12-month bankruptcy probability of 2K-LINE is 3.7% (moderate). The annual accounts of 2K-LINE for fiscal year 2025 show a net loss of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-14k. Equity is shrinking by ~160.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 1836 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+17
Solvency26▼-2
Growth32=
Track record94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; 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 short (current ratio 0.65 against 0.8 in 2024; short-term debt: 31.9% and cash: 0.7% of total assets), and 99.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.5%
Return on assets
-3.3%
Age of the figures
15 mo
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 2025Net result per financial year
232425
2023 to 2025 · latest year €-14k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1836 sector peers (2025).
NBB · sector comparisonPosition among 1836 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 filingsDeviation from the deadline
2025
64 d early
2024
on the day
2023
5 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2k▼ 86.9%
2024 · €16k
2023: €54k
2024: €16k
2023 → 2025
Total assets
€422k▼ 13.5%
2024 · €487k
2023: €610k
2024: €487k
2023 → 2025
Net result
€-14k▲ 62.8%
2024 · €-38k
2023: €50k
2024: €-38k
2023 → 2025
Working capital
€-47k▼ 165%
2024 · €-18k
2023: €18k
2024: €-18k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€54k-€16k▼ 70.0%€2k▼ 86.9%
Operating result€63k-€-15k€6k
Net result€50k-€-38k€-14k▲ 62.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €422k
Fixed assets
€335k▼ 19.7%
Current assets
€87k▲ 22.6%
Equity and liabilities €422k
Equity
€2k▼ 86.9%
Debt
€419k▼ 11.0%
The debt ratio rises from 96.7% to 99.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€90k▲
2024 · €74k
Cash flow
€71k▲
2024 · €52k
Solvency
0.5%▼
2024 · 3.3%
Current ratio
0.65▼
2024 · 0.80
Quick ratio
0.65▼
2024 · 0.80
ROE
-663.7%▼
2024 · -233.9%
ROA
-3.3%▲
2024 · -7.8%
Interest coverage
4.71▲
2024 · 3.39
Debt
€419k▼
2024 · €471k
Debt ≤ 1 year
€134k▲
2024 · €89k
Debt > 1 year
€285k▼
2024 · €381k
Income taxes
€524▲
2024 · €497
Staff costs
€54k▼
2024 · €65k
A ratio outside any meaningful range has been withheld (balance sheet total €422k, equity €2k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€487k€422k▼
Fixed assets21/28€416k€335k▼
Tangible fixed assets22/27€416k€335k▼
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€24k€14k▼
Leasing and similar rights25€375k€305k▼
Other tangible fixed assets26€3k€4k▲
Current assets29/58€71k€87k▲
Amounts receivable within one year40/41€38k€73k▲
Trade receivables40€38k€72k▲
Other amounts receivable41€568€516▼
Cash at bank and in hand54/58€11k€3k▼
Deferred charges and accrued income490/1€22k€11k▼
Equity and liabilities
Total equity and liabilities10/49€487k€422k▼
Equity10/15€16k€2k▼
Contributions10/11€4k€4k=
Reserves13€50k€50k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€-38k€-52k▼
Amounts payable17/49€471k€419k▼
Amounts payable after more than one year17€381k€285k▼
Financial debts170/4€381k€285k▼
Amounts payable within one year42/48€89k€134k▲
Current portion of amounts payable after more than one year42€71k€75k▲
Financial debts43-€12k
Credit institutions430/8-€12k
Trade debts44€13k€31k▲
Suppliers440/4€13k€31k▲
Taxes, remuneration and social security45€4k€16k▲
Taxes450/3€2k€10k▲
Remuneration and social security454/9€2k€6k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Non-recurring operating income76A€2k€1k▼
Remuneration, social security and pensions62€65k€54k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€85k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€781
Other operating charges640/8€20k€16k▼
Gross operating margin9900€159k€161k▲
Operating profit (loss)9901€-15k€6k▲
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€22k€19k▼
Recurring financial charges65€22k€19k▼
Profit (loss) for the period before taxes9903€-37k€-14k▲
Income taxes67/77€497€524▲
Profit (loss) for the period9904€-38k€-14k▲
Profit (loss) for the period to be appropriated9905€-38k€-14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-52k▼
Profit (loss) brought forward from the previous period14P-€-38k
Social balance
Average headcount (FTE)90871.21.0▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-38k ▼176%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vrankrijkstraat (SCH) 209200 DendermondeGround area
781 m²
Building footprint
132 m²
Volume, LiDAR
816 m³
Parcel 42019A0437/00G000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
2K-LINE
since 20222.325.750.390
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42019A0437/00G000 | Flanders | 781 m² | 1 · 132 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 4,321 EUR awarded · 4,321 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | -39,169 EUR | 447 EUR |
| 2024 | 1 | 771 EUR | 579 EUR |
| 2023 | 2 | 39,516 EUR | 254 EUR |
| 2022 | 2 | 3,203 EUR | 3,041 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Ecologiepremie+
Recognitions · licences · registrations
Food safety, FASFC
1 siteDendermonde2.325.750.390
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 1,516 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2021
Fiscal year end30-06
Activities, NACEBEL
49410Freight transport by road
43990Other specialised construction activities
43999Specialised construction activities
49420Removal services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.