K2

Active Public limited companyfounded 1990active for 36 yearsEugène Flageyplein 7, 1050 IxellesKBO/BCE: BE 0441.727.112

Financial year 2025

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Annual accounts 2025

full format, filed on 30-04-2026, on the day of the deadline

€253,987

▲ €435,691

€201,266

▲ €499,570

€168,587

▲ €416,054

-€3.4m

▲ €139,713

-75.9%

▼ 13.2 percentage points

0.34

▼ 0.09

The turnover shown is an estimate from the gross margin.

Turnover ≈ €600,000. Estimated: probably between €360,000 and €1.0m.

Balance sheet

balance sheet total €2.9m on 30-09-2025

What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

-75.9%

Higher than 6% of 232 companies in 2025.

0.34

Higher than 9% of 225 companies in 2025.

5.8%

Higher than 67% of 231 companies in 2025.

K2 Middle half of the sector 80% of the sector Full accounts in film, video and music (NACE 59)

Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

contracts started contracts ended

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	2.9m	3.8m	3.3m	2.7m	2.8m	2.6m	2.2m	6.1m	6.0m	6.8m	3.0m	2.7m	2.6m	4.3m	2.3m	3.4m	8.7m	12.4m	11.6m
`21/28`	1.2m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.5m	1.9m	1.5m	1.6m	1.7m	3.0m	1.5m	1.5m	1.9m	2.7m	6.3m
`21`	-	-	-	-	-	-	-	-	370,000	710,000	30,000	110,051	205,102	1.3m	128,528	85,750	562,216	1.3m	6.1m
`22/27`	131,373	48,508	11,410	12,272	5,470	4,966	19,612	37,956	63,177	93,948	353,002	391,729	415,938	342,290	306,653	413,881	361,649	411,993	231,258
`23`	1,754	2,544	110	397	684	-	-	-	-	432	15,798	24,492	13,864	132	297	1,211	1,608	2,680	146
`24`	56,821	11,396	11,300	11,876	4,786	3,067	4,955	7,112	11,937	21,325	189,645	211,011	314,244	283,266	227,023	294,681	211,262	237,950	36,567
`26`	72,797	34,568	-	-	-	1,899	14,657	30,843	51,240	72,191	147,559	156,226	87,830	58,892	79,333	117,989	148,779	171,363	194,545
`28`	1.0m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.1m	1.4m	1.0m	1.0m	1.0m	1.0m	55,204
`29/58`	1.8m	2.7m	2.2m	1.6m	1.7m	1.5m	1.1m	5.0m	4.5m	4.9m	1.6m	1.1m	932,543	1.2m	818,625	1.9m	6.7m	9.6m	5.3m
`3`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.5m	-
`37`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.5m	-
`40/41`	1.4m	2.3m	1.8m	1.0m	1.2m	1.1m	597,032	4.3m	3.9m	4.3m	725,663	641,162	614,056	82,623	255,193	1.1m	4.1m	6.2m	4.8m
`40`	117,600	131,256	489,110	170,586	72,048	74,760	186,241	173,054	146,755	141,681	60,167	135,044	75,858	49,381	88,043	51,162	536,650	917,850	1.7m
`41`	1.3m	2.2m	1.3m	860,147	1.2m	1.0m	410,791	4.1m	3.7m	4.2m	665,496	506,118	538,198	33,242	167,150	1.1m	3.5m	5.3m	3.1m
`50/53`	14,227	42,407	145,276	144,996	144,996	144,996	144,996	144,996	145,276	145,276	244,310	244,310	173,044	173,044	163,957	114,179	161,997	203,578	-
`54/58`	324,997	299,864	301,156	390,592	302,874	307,222	362,373	542,856	468,656	433,665	592,212	194,006	130,900	268,407	362,527	486,329	2.3m	1.4m	422,458
`490/1`	4,283	6,565	6,675	3,908	2,563	516	5,917	6,210	26,638	1,897	-	13,061	14,543	716,458	36,948	131,667	154,525	240,381	84,097
Balance sheet: equity and liabilities
`10/49`	2.9m	3.8m	3.3m	2.7m	2.8m	2.6m	2.2m	6.1m	6.0m	6.8m	3.0m	2.7m	2.6m	4.3m	2.3m	3.4m	8.7m	12.4m	11.6m
`10/15`	-2.2m	-2.4m	-2.1m	-2.5m	-2.3m	-2.1m	-2.2m	-2.3m	-2.0m	-1.7m	-2.4m	-1.4m	-551,836	396,533	837,657	63,971	1.2m	1.3m	1.7m
`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
`13`	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950	24,950
`130/1`	6,200	6,200	6,200	6,200	6,200	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
`132`	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750
`14`	-2.3m	-2.5m	-2.2m	-2.6m	-2.4m	-2.2m	-2.3m	-2.4m	-2.1m	-1.8m	-2.5m	-1.5m	-701,495	177,563	750,707	-22,979	994,743	1.1m	1.1m
`15`	-	-	-	-	-	-	-	-	-	-	-	26,404	62,709	132,020	-	-	90,070	180,141	519,203
`16`	-	-	-	-	-	-	-	-	-	-	-	13,596	32,291	67,980	-	-	46,386	92,771	267,410
`168`	-	-	-	-	-	-	-	-	-	-	-	13,596	32,291	67,980	-	-	46,386	92,771	267,410
`17/49`	5.1m	6.2m	5.5m	5.2m	5.0m	4.7m	4.4m	8.4m	8.1m	8.5m	5.4m	4.1m	3.2m	3.8m	1.4m	3.3m	7.5m	11.0m	9.7m
`17`	-	-	-	-	-	-	-	-	-	1.0m	1.0m	1.1m	1.1m	1.2m	1.1m	2.5m	2.4m	2.5m	408,189
`170/4`	-	-	-	-	-	-	-	-	-	1.0m	1.0m	1.1m	1.1m	1.2m	1.1m	2.5m	2.4m	2.5m	408,189
`42/48`	5.1m	6.2m	5.5m	5.2m	5.0m	4.7m	4.4m	8.4m	8.1m	7.5m	4.4m	3.0m	2.0m	1.3m	300,507	838,267	5.0m	7.9m	8.4m
`42`	-	-	-	-	-	-	-	-	-	-	48,726	54,374	87,452	109,420	74,845	121,718	73,662	30,081	-
`43`	-	-	-	-	-	-	-	-	-	-	-	-	9,487	-	-	47	-	-	-
`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	9,487	-	-	47	-	-	-
`44`	544,437	309,720	157,094	187,003	94,470	55,386	20,046	54,953	97,356	185,818	190,707	162,742	115,021	38,647	44,934	22,003	4.8m	6.9m	6.6m
`440/4`	544,437	309,720	157,094	187,003	94,470	55,386	20,046	54,953	97,356	185,818	190,707	162,742	115,021	38,647	44,934	22,003	4.8m	6.9m	6.6m
`46`	-	-	-	-	-	-	-	-	-	3,424	3,424	-	-	-	-	-	-	-	-
`45`	-	-	-	13,293	-	5,785	2,907	6,403	3,717	5,378	18,212	17,485	13,031	1.2m	180,728	694,499	71,912	7,013	347
`450/3`	-	-	-	13,293	-	379	-	405	-	973	-	3,817	4,808	1.2m	162,177	693,343	64,186	4,378	347
`454/9`	-	-	-	-	-	5,406	2,907	5,997	3,717	4,405	18,212	13,668	8,223	1,559	18,551	1,156	7,726	2,635	-
`47/48`	4.6m	5.9m	5.3m	5.0m	4.9m	4.6m	4.4m	8.3m	8.0m	7.3m	4.2m	2.8m	1.8m	-	-	-	-	1.1m	1.8m
`492/3`	8,168	14,177	-	-	-	3,032	-	450	-	-	46	4,000	7,816	1.3m	14,360	17,169	20,017	497,675	836,593
Income statement
`76A`	-	-	280	-	-	49,842	6,357	13,910	48,152	12,758	14,000	3,981	-	9,278	-	-	-	4,135	1,062
`9900`	253,987	-181,704	333,220	-208,464	-143,376	231,081	207,563	283,196	160,024	4.0m	-378,164	-312,622	-53,982	6,989	1.0m	-346,939	570,252	4.1m	835,456
`62`	19	253	6,906	-4,595	15,064	44,691	37,747	42,721	32,032	187,366	269,190	230,216	213,656	423,876	119,432	175,084	145,747	121,119	390,938
`630`	14,603	7,183	5,510	6,661	6,114	14,646	18,344	395,221	376,491	3.0m	219,203	222,509	809,362	268,328	131,544	705,547	868,285	5.3m	544,533
`640/8`	37,556	17,671	12,344	6,595	7,154	27,991	17,094	39,752	22,388	30,736	40,836	20,584	85,960	9,739	19,127	15,420	9,623	24,036	11,180
`66A`	542	91,493	-	4,030	-	3,840	13,790	-	5,559	27,626	100	40,345	-	-	-	47,747	41,860	-	-
`9901`	201,266	-298,304	308,461	-221,156	-171,709	139,913	120,588	-194,498	-276,446	774,054	-907,393	-785,931	-1.2m	-694,954	745,746	-1.2m	-453,403	-1.3m	-111,195
`75/76B`	-	55,184	46,491	0	43,793	43,528	102,610	85,318	67,345	156,210	41,128	37,336	222,697	83,306	45,251	258,492	401,270	956,778	288,051
`75`	-	55,184	46,491	0	43,793	43,528	102,610	85,318	67,345	143,453	41,128	37,336	222,697	83,306	45,251	258,492	401,270	956,778	288,051
`76B`	-	-	-	-	-	-	-	-	-	12,758	-	-	-	-	-	-	-	-	-
`65/66B`	32,679	3,628	5,006	2,692	57,592	72,368	147,754	116,161	87,393	280,110	110,324	61,495	55,515	7,358	14,647	25,796	16,272	42,001	38,063
`65`	4,499	3,628	5,006	2,692	57,592	72,368	147,754	116,161	87,393	252,484	110,324	61,495	55,515	7,358	14,647	25,796	16,272	42,001	38,063
`66B`	28,180	-	-	-	-	-	-	-	-	27,626	-	-	-	-	-	-	-	-	-
`9903`	168,587	-246,748	349,946	-223,848	-185,508	111,072	75,443	-225,340	-296,494	650,155	-962,689	-846,454	-995,778	-609,728	776,350	-1.1m	-110,265	-383,643	139,855
`67/77`	-	719	-	-	-	-	-	-	-	-1,881	5,509	-7	-2,853	4,204	2,664	6,066	3,179	6,105	-50
`9904`	168,587	-247,468	349,946	-223,848	-185,508	111,072	75,443	-225,340	-296,494	652,036	-954,602	-827,752	-879,058	-573,144	773,686	-1.0m	-67,058	-4,389	232,094
`9905`	168,587	-247,468	349,946	-223,848	-185,508	111,072	75,443	-225,340	-296,494	652,036	-954,602	-827,752	-879,058	-573,144	773,686	-1.0m	-67,058	-4,389	232,094
Appropriation of the result
`9906`	-2.3m	-2.5m	-2.2m	-2.6m	-2.4m	-2.2m	-2.3m	-2.4m	-2.1m	-1.8m	-2.5m	-1.5m	-701,495	177,563	750,707	-22,979	994,743	1.1m	1.1m
`14P`	-2.5m	-2.2m	-2.6m	-2.4m	-2.2m	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
`9087`	-	-	-	-	-	-	-	1	1	1.9	4.8	4.9	4.2	5.5	2.5	2.9	3.3	2.6	5.4
Hours worked`1013`	-	-	-	-	-	-	-	1,865	1,862	5,274	8,839	8,429	7,610	12,738	4,378	5,252	5,290	4,332	11,370
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
30-09-2025	full format	30-04-2026	2026-00097003	PDF
30-09-2024	micro format	30-04-2025	2025-00083428	PDF
30-09-2023	micro format	30-04-2024	2024-00076086	PDF
30-09-2022	full format	30-04-2023	2023-00073296	PDF
30-09-2021	micro format	28-05-2022	2022-20036283	PDF
30-09-2020	full format	17-05-2021	2021-14300216	PDF
30-09-2019	full format	19-03-2020	2020-07100052	PDF
30-09-2018	full format	25-04-2019	2019-11000273	PDF
30-09-2017	full format	25-05-2018	2018-14200240	PDF
30-09-2016	full format	24-05-2017	2017-13400401	PDF
31-12-2014	full format	30-09-2015	2015-63000216	PDF
31-12-2013	full format	24-12-2014	2014-70600439	PDF
31-12-2012	full format	31-05-2013	2013-14300514	PDF
31-12-2011	full format	22-05-2012	2012-12400124	PDF
31-12-2010	full format	07-06-2011	2011-15100552	PDF
31-12-2009	full format	17-06-2010	2010-19200381	PDF
31-12-2008	full format	14-07-2009	2009-42600309	PDF
31-12-2007	full format	26-05-2008	2008-16400084	PDF
31-12-2006	full format	29-08-2007	2007-65100189	PDF
31-12-2005	full format	20-07-2006	2006-50305317	PDF
31-12-2004	full format	14-06-2005	2005-25304679	PDF
31-12-2003	full format	21-06-2004	2004-27702717	PDF
31-12-2002	full format	03-10-2003	2003-72404544	PDF
31-12-2001	full format	27-06-2002	2002-28704826	PDF
31-12-2000	full format	28-06-2001	2001-28804212	PDF
31-12-1999	full format	31-08-2000	2000-54202857	PDF
31-12-1998	full format	13-10-1999	1999-53100778	PDF
31-12-1997	full format	07-08-1998	1998-39500312	PDF
31-12-1996	full format	16-07-1997	1997-31000908	PDF
31-12-1995	full format	10-07-1996	1996-30701650	PDF
31-12-1994	full format	23-10-1995	1995-54903210	PDF
31-12-1993	full format	23-11-1994	1994-47802486	PDF
31-12-1992	full format	26-07-1993	1993-28903844	PDF
31-12-1991	full format	21-08-1992	1992-29201398	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2014	2013	2012	2011	2010	2009	2008	2007	2006
215,869	-291,121	313,971	-214,495	-165,595	154,559	138,931	200,723	100,045	3.8m	-688,190	-563,422	-353,598	-426,626	877,290	-537,443	414,882	4.0m	433,338
183,190	-240,285	355,456	-217,186	-179,394	125,718	93,787	169,881	79,997	3.6m	-735,399	-605,243	-69,696	-304,816	905,230	-312,175	801,227	5.3m	776,627
98,010	44,282	4,647	13,463	7,118	-0	0	0	5,720	3.4m	102,175	155,813	384,990	1.8m	176,476	289,961	85,881	2.3m	5.7m
25,133	-1,293	-89,436	87,719	-4,348	-55,151	-180,483	74,200	34,991	-	398,206	63,106	-137,507	-94,120	-123,802	-1.8m	886,148	1.0m	-
-3.4m	-3.5m	-3.2m	-3.6m	-3.4m	-3.2m	-3.3m	-3.4m	-3.6m	-2.6m	-2.9m	-1.9m	-1.1m	-81,194	518,118	1.0m	1.7m	1.7m	-3.2m
-75.9%	-62.6%	-64.5%	-93.2%	-81.8%	-79.3%	-98.8%	-36.9%	-33.8%	-25.7%	-78.9%	-52.7%	-20.9%	9.3%	36.8%	1.9%	13.5%	10.7%	14.4%
0.34	0.43	0.41	0.30	0.33	0.33	0.25	0.60	0.56	0.65	0.35	0.36	0.46	0.94	2.72	2.23	1.35	1.21	0.63
0.34	0.43	0.41	0.30	0.33	0.33	0.25	0.60	0.56	0.65	0.35	0.36	0.46	0.94	2.72	2.23	1.35	1.02	0.63
-	-	-	-	-	-	-	-	-	-	-	-	-	9.58	1.72	52.04	6.36	8.25	5.79
-	-	-	-	-	-	-	-	-	-	-	-	-	-144.5%	92.4%	-	-5.7%	-0.3%	13.9%
5.8%	-6.5%	10.5%	-8.4%	-6.7%	4.2%	3.4%	-3.7%	-4.9%	9.6%	-31.4%	-30.8%	-33.2%	-13.4%	34.0%	-30.0%	-0.8%	0.0%	2.0%
47.98	-80.23	62.72	-79.68	-2.88	-	-	-	-	-	-	-	-	-	-	-	-	-	-

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022	30-09-2021
Tangible fixed assets	€98,010	€44,282	€4,647	€13,463	€6,618
Financial fixed assets	-	-	-	-	€500
	€14,603	€7,183	€5,510	€6,661	€6,114

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on K2

The operating result for 2025 is a profit of €201,266, after a loss of €298,304 in 2024.

Equity is negative. Debt (€5.1m) exceeds the balance-sheet total (€2.9m).

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency-75.9%

Current ratio0.34

Return on assets5.8%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on K2

Next steps

in €m

in euro

-75.9%

0.34

5.8%