K²E³
ActiveSummary
K²E³ has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €222k and a net result of €44k. Equity is growing by ~31.2% per year across the filed fiscal years. Its solvency ranks better than 94% of 630 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 13.73 against 12.5 in 2024; short-term debt: 6.9% and cash: 77.4% of total assets), and 6.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.1%
Return on assets
18.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
32 d early
2024
30 d early
2023
5 d late
2022
33 d early
2021
34 d early
2020
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€222k▼ 9.8%
2024 · €246k
2020: €36k
2021: €72k
2022: €123k
2023: €196k
2024: €246k
2020 → 2025
Total assets
€238k▼ 10.3%
2024 · €266k
2020: €59k
2021: €94k
2022: €169k
2023: €217k
2024: €266k
2020 → 2025
Net result
€44k▼ 20.3%
2024 · €55k
2020: €33k
2021: €41k
2022: €56k
2023: €81k
2024: €55k
2020 → 2025
Working capital
€211k▼ 8.1%
2024 · €229k
2020: €30k
2021: €61k
2022: €115k
2023: €182k
2024: €229k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€123k▲ 71.4%€196k▲ 59.7%€246k▲ 25.3%€222k▼ 9.8%
Operating result€49k-€69k▲ 42.5%€107k▲ 53.4%€64k▼ 39.9%€58k▼ 9.1%
Net result€41k-€56k▲ 38.7%€81k▲ 43.3%€55k▼ 32.2%€44k▼ 20.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €238k
Fixed assets
€11k ▼ 32.8%
Current assets
€227k ▼ 8.8%
Equity and liabilities €238k
Equity
€222k ▼ 9.8%
Debt
€17k ▼ 17.0%
Debt's share of the balance-sheet total falls from 7.5% to 6.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€63k▼
2024 · €69k
Cash flow
€48k▼
2024 · €59k
Current ratio
13.73▲
2024 · 12.50
Debt to equity
0.07▼
2024 · 0.08
ROE
19.6%▼
2024 · 22.2%
ROA
18.3%▼
2024 · 20.6%
Interest coverage
338.48▼
2024 · 1388.75
Debt ≤ 1 year
€17k▼
2024 · €20k
Income taxes
€15k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€266k€238k▼
Fixed assets21/28€17k€11k▼
Tangible fixed assets22/27€17k€11k▼
Land and buildings22€8k€6k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€7k€4k▼
Current assets29/58€249k€227k▼
Amounts receivable within one year40/41€44k€43k▼
Trade receivables40€43k€43k▼
Other amounts receivable41€1k-
Cash at bank and in hand54/58€202k€185k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€266k€238k▼
Equity10/15€246k€222k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€240k€216k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€238k€214k▼
Amounts payable17/49€20k€17k▼
Amounts payable within one year42/48€20k€17k▼
Trade debts44€617€1k▲
Suppliers440/4€617€1k▲
Taxes, remuneration and social security45€15k€11k▼
Taxes450/3€15k€11k▼
Other amounts payable47/48€4k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€535€550▲
Gross operating margin9900€69k€63k▼
Operating profit (loss)9901€64k€58k▼
Financial income75/76B€929€411▼
Recurring financial income75€929€411▼
Financial charges65/66B€50€186▲
Recurring financial charges65€50€186▲
Profit (loss) for the period before taxes9903€65k€58k▼
Income taxes67/77€10k€15k▲
Profit (loss) for the period9904€55k€44k▼
Profit (loss) for the period to be appropriated9905€55k€44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€44k▼
Transfer from equity791/2-€64k
Transfer to equity691/2€55k€44k▼
To other reserves6921€55k€44k▼
Profit to be distributed694/7-€64k
Return on contributions (dividend)694-€64k
The notes to these accounts (4 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
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €246k ▲25.3%
5 profitable years in a row build equity to €246k.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
31-12
Financial
Highest result since 2020net €81k ▲43.3%
Operating result €107k, net result €81k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 9.97
Current ratio from 3.70 to 9.97; short-term debt falls from €43k to €20k.
31-12
Financial
Equity above €150kEq €196k ▲59.7%
4 profitable years in a row build equity to €196k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €123k ▲71.4%
3 profitable years in a row build equity to €123k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Mechelen · 1 establishment unit since 2019
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.
Hombekerkouter(HOM) 12A2811 MechelenGround area
770 m²
Building footprint
97 m²
Volume, LiDAR
579 m³
Parcel 12016A0207/02G000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hombekerkouter(HOM) 12A, 2811 Mechelen
since 20192.286.849.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12016A0207/02G000 | Flanders | 770 m² | 1 · 97 m² | 7.4 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 · 4 entries · 712 EUR awarded · 712 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 78 EUR | 78 EUR |
| 2024 | 1 | 113 EUR | 113 EUR |
| 2023 | 1 | 69 EUR | 69 EUR |
| 2022 | 1 | 452 EUR | 452 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,451 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.