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K2 POINT

Active
Private limited companyfounded 20205 yrs activeSteenweg op Waver 589, 1040 Etterbeek, BelgiumKBO/BCE: BE 0759.523.262

The file of K2 POINT contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.

Summary

The computed 12-month bankruptcy probability is 4.9% (elevated). The 2025 annual accounts show equity of €19k and a net result of €4k. Equity is growing by ~41.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 4654 sector peers (fiscal year 2025).

Checked score

Score 2025
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+24
Solvency82▲+14
Growth84▲+29
Track record79
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 2.22 against 1.66 in 2024; short-term debt: 43.4% and cash: 46.6% of total assets), and 43.4% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.6%
Return on assets
10.7%
Age of the figures
9 mo
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 24-07-2026, 7 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
7 d early
2024
6 d late
2023
77 d early
2022
115 d late
← 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€103k▲ 44.2%
2024 · €72k
2022: €62klowest in 4 years 2023: €113k▲ +84.2% vs 2022highest in 4 years 2024: €72k▼ -36.9% vs 2023 2025: €103k▲ +44.2% vs 2024
2022 → 2025
EBIT margin
4.8%▲ 7.5pp
2024 · -2.7%
2022: -1.4% 2023: 13.8%▲ +1076% vs 2022highest in 4 years 2024: -2.7%▼ -119% vs 2023lowest in 4 years 2025: 4.8%▲ +280% vs 2024
2022 → 2025
Net result
€4k
2024 · €-1k
2022: €-1k 2023: €14k▲ +1442% vs 2022highest in 4 years 2024: €-1k▼ -109% vs 2023lowest in 4 years 2025: €4k▲ +393% vs 2024
2022 → 2025
Working capital
€18k▲ 52.6%
2024 · €12k
2022: €-5klowest in 4 years 2023: €13k▲ +362% vs 2022 2024: €12k▼ -6.9% vs 2023 2025: €18k▲ +52.6% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Turnover€62k-€113k▲ 84.2%€72k▼ 36.9%€103k▲ 44.2% 2022: €62klowest in 4 years 2023: €113k▲ +84.2% vs 2022highest in 4 years 2024: €72k▼ -36.9% vs 2023 2025: €103k▲ +44.2% vs 2024
Equity€1k-€15k▲ 1,191%€14k▼ 8.4%€19k▲ 41.5% 2022: €1klowest in 4 years 2023: €15k▲ +1191% vs 2022 2024: €14k▼ -8.4% vs 2023 2025: €19k▲ +41.5% vs 2024highest in 4 years
Operating result€-870-€16k€-2k€5k 2022: €-870 2023: €16k▲ +1898% vs 2022highest in 4 years 2024: €-2k▼ -112% vs 2023lowest in 4 years 2025: €5k▲ +359% vs 2024
Net result€-1k-€14k€-1k€4k 2022: €-1k 2023: €14k▲ +1442% vs 2022highest in 4 years 2024: €-1k▼ -109% vs 2023lowest in 4 years 2025: €4k▲ +393% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10k€15kOperating result 2022: €-870€-870Net result 2022: €-1k€-1kOperating result 2023: €16k€16kNet result 2023: €14k€14kOperating result 2024: €-2k€-2kNet result 2024: €-1k€-1kOperating result 2025: €5k€5kNet result 2025: €4k€4k2022202320242025€-5k€0€5k€10k€15kOperating result 2023: €16k€16kNet result 2023: €14k€14kOperating result 2024: €-2k€-1.9kNet result 2024: €-1k€-1.3kOperating result 2025: €5k€5kNet result 2025: €4k€3.7k202320242025
The operating result returns to profit in 2025: €5k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets €1k ▼ 33.6%
Current assets €33k ▲ 9.9%
Equity and liabilities €34k
Equity €19k ▲ 41.5%
Debt €15k ▼ 18.1%
Debt's share of the balance-sheet total falls from 57.0% to 43.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€6k▲
2024 · €1k
Cash flow
€4k▲
2024 · €2k
Current ratio
2.22▲
2024 · 1.66
Debt to equity
0.77▼
2024 · 1.33
ROE
19.0%▲
2024 · -9.2%
ROA
10.7%▲
2024 · -3.9%
Interest coverage
14.78▲
2024 · 4.83
Debt ≤ 1 year
€15k▼
2024 · €18k
Income taxes
€916
Staff costs
€11k▲
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 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€32k€34k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€30k€33k▲
Amounts receivable within one year40/41€28k€17k▼
Trade receivables40€7k€11k▲
Other amounts receivable41€22k€6k▼
Cash at bank and in hand54/58€471€16k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€32k€34k▲
Equity10/15€14k€19k▲
Contributions10/11€500€3k▲
Profit (loss) carried forward14€13k€17k▲
Amounts payable17/49€18k€15k▼
Amounts payable within one year42/48€18k€15k▼
Current portion of amounts payable after more than one year42-€500
Trade debts44€4k€398▼
Suppliers440/4€4k€398▼
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€6k€12k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€4k-
Income statement Code20242025
Turnover70€72k€103k▲
Goods, raw materials, services and sundry goods60/61€65k€105k▲
Remuneration, social security and pensions62€10k€11k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€586▼
Other operating charges640/8€234€247▲
Gross operating margin9900€11k€16k▲
Operating profit (loss)9901€-2k€5k▲
Financial income75/76B€959€1▼
Recurring financial income75€959€1▼
Financial charges65/66B€301€375▲
Recurring financial charges65€301€375▲
Profit (loss) for the period before taxes9903€-1k€5k▲
Income taxes67/77-€916
Profit (loss) for the period9904€-1k€4k▲
Profit (loss) for the period to be appropriated9905€-1k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€17k▲
Profit (loss) brought forward from the previous period14P€14k€13k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2022202320242025Change
Turnover70€62k€113k€72k€103k▲ 44.2%
Goods, raw materials, services and sundry goods60/61€57k€91k€65k€105k▲ 62.0%
Remuneration, social security and pensions62-€766€10k€11k▲ 8.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k€3k€586▼ 82.6%
Other operating charges640/8€446€240€234€247▲ 5.3%
Non-recurring operating charges66A€1k----
Gross operating margin9900€6k€22k€11k€16k▲ 43.6%
Operating profit (loss)9901€-870€16k€-2k€5k▲ 359%
Financial income75/76B€30€2k€959€1▼ 99.9%
Recurring financial income75€30€2k€959€1▼ 99.9%
Financial charges65/66B€183€202€301€375▲ 24.4%
Recurring financial charges65€183€202€301€375▲ 24.4%
Profit (loss) for the period before taxes9903€-1k€17k€-1k€5k▲ 466%
Income taxes67/77-€3k-€916-
Profit (loss) for the period9904€-1k€14k€-1k€4k▲ 393%
Profit (loss) for the period to be appropriated9905€-1k€14k€-1k€4k▲ 393%
Line2022202320242025Change
Assets
Total assets20/58€10k€33k€32k€34k▲ 7.5%
Fixed assets21/28€6k€2k€2k€1k▼ 33.6%
Tangible fixed assets22/27€6k€2k€2k€1k▼ 33.6%
Furniture and vehicles24€6k€2k€2k€1k▼ 33.6%
Current assets29/58€4k€31k€30k€33k▲ 9.9%
Amounts receivable within one year40/41€3k€11k€28k€17k▼ 40.2%
Trade receivables40€246-€7k€11k▲ 65.9%
Other amounts receivable41€3k€11k€22k€6k▼ 72.2%
Cash at bank and in hand54/58€698€20k€471€16k▲ 3,276%
Deferred charges and accrued income490/1-€175€1k--
Equity and liabilities
Total equity and liabilities10/49€10k€33k€32k€34k▲ 7.5%
Equity10/15€1k€15k€14k€19k▲ 41.5%
Contributions10/11€500€500€500€3k▲ 400%
Profit (loss) carried forward14€652€14k€13k€17k▲ 27.9%
Amounts payable17/49€9k€18k€18k€15k▼ 18.1%
Amounts payable within one year42/48€9k€18k€18k€15k▼ 18.1%
Current portion of amounts payable after more than one year42€6k€9k-€500-
Trade debts44€2k€3k€4k€398▼ 89.2%
Suppliers440/4€2k€3k€4k€398▼ 89.2%
Taxes, remuneration and social security45€558€6k€11k€14k▲ 29.7%
Taxes450/3€558€6k€6k€12k▲ 87.6%
Remuneration and social security454/9-€766€4k€2k▼ 58.0%
Other amounts payable47/48--€4k--
Line2022202320242025Change
Profit (loss) for the period9904€-1k€14k€-1k€4k▲ 393%
+ Depreciation and write-downs630€5k€6k€3k€586▼ 82.6%
Operating cash flow (approximation)€4k€19k€2k€4k▲ 101%
Investment in fixed assets (approximation)-€-2k€-3k€0▲ 100%
Change in cash-€19k€-19k€15k▲ 179%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
24-12
Bankruptcy Bankruptcy reversal
Tribunal de l’entreprise francophone de Bruxelles · event 17-12-2025
03-11
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 27-10-2025
06-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
15-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial Liquidity quadruplescurrent ratio 1.69
Current ratio from 0.45 to 1.69.
23-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 115 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
8 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, Etterbeek · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
264 m²
Building footprint
97 m²
Volume, LiDAR
1,155 m³
Parcel 21363B0418/00F004, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
K2 POINT
Steenweg op Waver 589, 1040 EtterbeekLand transport and transport via pipelines
since 20202.315.928.151
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21363B0418/00F004 Brussels 264 m² 1 · 97 m² 17.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JACQUES PIRON
AVENUE HENRI JASPAR 113 BTE 3, 1060 SAINT-GILLES
27-10-2025 → 17-12-2025

Similar companies · same sector, comparable size

Of 6,685 companies in sector 49330 we hold annual accounts for 2,296. 1,988 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
49420Removal services
Contact
E-mail Iftikharss@outlook.com
Phone 0467133373

Scores and ratios are computed by Checked and are not a credit decision.