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K2 BELGIUM

Active
Private limited companyfounded 2022active for 3 yearsAntoon Van den Bosschelaan 116, 2100 Antwerpen, BelgiumKBO/BCE: BE 0793.624.108
Summary

The computed 12-month bankruptcy probability of K2 BELGIUM is 8.3% (elevated). The 2024 annual accounts show negative equity (-€10,077) and a net result of -€7,914. Its solvency ranks better than 5% of 3,536 sector peers (NACE 43, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

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K2 BELGIUMActiveChecked score 30/100
Risk analysis ReportCompare

Overview

Activity
Plumbing work
NACE 43221
Size
≈ €86,000turnover 2024, estimated
Staff
≈ 0.5 FTE, estimated
Equity
-€10,077
Loss
-€7,914
Turnover estimated from the gross margin
Financial health
30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.3%
Structure
2024 accounts filed 55 days late
Why 30raises riskFigures for financial year 2024 (filed 30-09-2025)No registered site in the KBO1 financial year not filed after the legal deadline; last filed accounts filed 55 days late; 1 of the last 3 latelowers riskSize: total assets €12,250Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 5% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency 0
equity -82.3% of total assets
Liquidity 15
short-term debt 116.6% · cash 12.3%
Profitability 0
return on assets -64.6%
Bankruptcy probability, 12 months
8.3% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 5.4% 12-2024: 5.5%▲ +0.1 percentage points vs 11-2024 01-2025: 5.5%● unchanged vs 12-2024 02-2025: 5.5%● unchanged vs 01-2025 03-2025: 5.5%● unchanged vs 02-2025 04-2025: 5.5%● unchanged vs 03-2025 05-2025: 5.5%● unchanged vs 04-2025 06-2025: 11.7%▲ +6.2 percentage points vs 05-2025highest value 07-2025: 11.6%▼ -0.1 percentage points vs 06-2025 08-2025: 11.6%● unchanged vs 07-2025 09-2025: 11.6%● unchanged vs 08-2025 10-2025: 5.3%▼ -6.3 percentage points vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 12-2025: 5.3%● unchanged vs 11-2025 01-2026: 5.2%▼ -0.1 percentage points vs 12-2025 02-2026: 5.2%● unchanged vs 01-2026 03-2026: 5.2%● unchanged vs 02-2026 04-2026: 5.2%● unchanged vs 03-2026 05-2026: 5.2%● unchanged vs 04-2026 06-2026: 5.2%● unchanged vs 05-2026 07-2026: 4.9%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 5.7%▲ +0.8 percentage points vs 07-2026 09-2026: 6.1%▲ +0.4 percentage points vs 08-2026 10-2026: 8.3%▲ +2.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.86, below 1; short-term debt: 116.6% and cash: 12.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 3% on solvency, 9% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 30-09-2025)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 55 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €12,250
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · 2024 accounts filed 55 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
55 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 55 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. IncorporationAppointments: KARGBO Maurice (director) and…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€10,077 View
  • Caution: Among the weakest 5% on solvencysector median 39.8% · 3,536 companies -82.3% View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2024
Total assets
€12,250
Loss
-€7,914
Solvency
-82.3%
Go to Financials

Company details

Legal form
Private limited company
Activity
Plumbing workNACE 43221
Founded
16-11-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about K2 BELGIUM

What is the company number of K2 BELGIUM?
0793.624.108. In Belgium the VAT number is the company number with BE in front: BE 0793.624.108.
Where is K2 BELGIUM based?
The registered office is at Antoon Van den Bosschelaan 116, 2100 Antwerpen.Company details
What does K2 BELGIUM do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of K2 BELGIUM?
Private limited company (BV).
When was K2 BELGIUM founded?
On 16-11-2022.
Is K2 BELGIUM still active?
Yes, K2 BELGIUM is an active enterprise in the KBO register.
What is the turnover of K2 BELGIUM?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is K2 BELGIUM profitable?
In financial year 2024, K2 BELGIUM made a loss of €7,914.
Where can I find the annual accounts of K2 BELGIUM?
K2 BELGIUM filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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