K2@WORK
Annual accounts 2025
micro format, filed on 06-08-2026, 6 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €350,000. Estimated: probably between €250,000 and €550,000.
Balance sheet
balance sheet total €368,681 on 31-12-2025in euro
in euro
Position in the sector
49.2%
Higher than 57% of 9,456 companies in 2025.
1.57
Higher than 46% of 9,204 companies in 2025.
17.0%
Higher than 71% of 9,276 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
368,681 | 304,728 | 314,452 | 312,267 | 290,520 | 174,795 | 162,556 | 113,363 | |
21/28 |
74,397 | 93,499 | 115,734 | 124,948 | 80,116 | 7,478 | 11,576 | 22,424 | |
22/27 |
74,397 | 93,499 | 115,734 | 124,948 | 80,116 | 7,478 | 11,576 | 22,424 | |
22 |
69,635 | 71,831 | 77,118 | 72,812 | 10,970 | 6,749 | - | - | |
24 |
4,762 | 21,668 | 38,616 | 52,136 | 69,146 | 729 | 11,576 | 22,424 | |
29/58 |
294,285 | 211,229 | 198,718 | 187,318 | 210,404 | 167,317 | 150,979 | 90,939 | |
40/41 |
15,811 | 22,219 | 28,460 | 51,200 | 56,787 | 64,305 | 40,147 | 20,014 | |
40 |
14,399 | 14,399 | 16,456 | 41,720 | 53,020 | 54,207 | 39,400 | 13,334 | |
41 |
1,412 | 7,820 | 12,004 | 9,480 | 3,767 | 10,098 | 747 | 6,680 | |
50/53 |
229,699 | 154,006 | 80,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | |
54/58 |
48,556 | 34,581 | 89,988 | 125,917 | 142,591 | 92,445 | 100,832 | 70,925 | |
490/1 |
218 | 423 | 270 | 202 | 1,027 | 567 | - | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
368,681 | 304,728 | 314,452 | 312,267 | 290,520 | 174,795 | 162,556 | 113,363 | |
10/15 |
181,442 | 252,730 | 217,703 | 237,944 | 198,119 | 145,391 | 103,844 | 68,896 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 6,200 | - | - | |
1109/19 |
- | - | - | - | - | 6,200 | - | - | |
13 |
175,242 | 246,530 | 211,503 | 231,744 | 191,919 | 139,191 | 97,644 | 62,696 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | |
133 |
173,382 | 244,670 | 209,643 | 229,884 | 190,059 | 137,331 | 95,784 | 60,836 | |
17/49 |
187,240 | 51,998 | 96,749 | 74,323 | 92,401 | 29,404 | 58,712 | 44,466 | |
17 |
- | - | 3,439 | 20,870 | 38,300 | - | 3,356 | 13,330 | |
170/4 |
- | - | 3,439 | 20,870 | 38,300 | - | 3,356 | 13,330 | |
42/48 |
187,240 | 51,998 | 93,310 | 53,453 | 54,100 | 29,404 | 55,356 | 31,136 | |
42 |
464 | 3,439 | 17,431 | 17,431 | 17,431 | 3,356 | 9,975 | 9,838 | |
44 |
522 | - | 241 | 7,759 | 2,428 | 74 | 923 | 3,204 | |
440/4 |
522 | - | 241 | 7,759 | 2,428 | 74 | 923 | 3,204 | |
45 |
21,543 | 13,611 | 13,884 | 28,263 | 34,241 | 25,974 | 44,253 | 18,094 | |
450/3 |
21,543 | 13,611 | 11,384 | 28,263 | 34,241 | 25,974 | 44,253 | 18,094 | |
454/9 |
- | - | 2,500 | - | - | - | - | - | |
47/48 |
164,711 | 34,948 | 61,754 | - | - | - | 206 | - | |
| Income statement | |||||||||
9900 |
108,957 | 111,648 | 78,896 | 75,405 | 90,280 | 70,683 | 73,910 | 112,916 | |
630 |
22,336 | 22,235 | 21,923 | 18,828 | 15,398 | 10,973 | 10,847 | 20,966 | |
640/8 |
87 | 72 | 141 | 567 | 165 | 486 | 666 | 2,149 | |
9901 |
86,534 | 89,341 | 56,832 | 56,010 | 74,717 | 59,225 | 62,397 | 89,802 | |
75/76B |
4,422 | 8,188 | 822 | 685 | 317 | 74 | 0 | - | |
75 |
4,422 | 8,188 | 822 | 685 | 317 | 74 | 0 | - | |
65/66B |
2,798 | 1,937 | 1,029 | 1,273 | 930 | 162 | 297 | 1,031 | |
65 |
2,798 | 1,937 | 1,029 | 1,273 | 930 | 162 | 297 | 1,031 | |
9903 |
88,158 | 95,591 | 56,625 | 55,422 | 74,104 | 59,137 | 62,100 | 88,771 | |
67/77 |
25,346 | 25,617 | 16,029 | 15,597 | 21,376 | 17,590 | 27,152 | 26,075 | |
9904 |
62,812 | 69,975 | 40,596 | 39,825 | 52,729 | 41,547 | 34,948 | 62,696 | |
9905 |
62,812 | 69,975 | 40,596 | 39,825 | 52,729 | 41,547 | 34,948 | 62,696 | |
| Appropriation of the result | |||||||||
9906 |
62,812 | 69,975 | 40,596 | 39,825 | 52,729 | 41,547 | 34,948 | 62,696 | |
791/2 |
134,100 | 34,948 | 60,836 | - | - | - | - | - | |
691/2 |
62,812 | 69,975 | 40,596 | 39,825 | 52,729 | 41,547 | 34,948 | 62,696 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
6921 |
62,812 | 69,975 | 40,596 | 39,825 | 52,729 | 41,547 | 34,948 | 60,836 | |
694/7 |
134,100 | 34,948 | 60,836 | - | - | - | - | - | |
694 |
134,100 | 34,948 | 60,836 | - | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 6 days after the deadline. Filed on 6 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00384318.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-08-2026 | 2026-00384318 | |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00379856 | |
| 31-12-2023 | micro format | 23-05-2024 | 2024-00093729 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00276089 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20117490 | |
| 31-12-2020 | micro format | 06-05-2021 | 2021-13400552 | |
| 31-12-2019 | micro format | 20-01-2021 | 2021-01200415 | |
| 31-12-2018 | micro format | 07-06-2019 | 2019-16800171 |
Subsidies and aid
Flemish government 2024, 1 entry, €555 awarded, €555 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 108,870 | 111,576 | 78,755 | 74,838 | 90,115 | 70,198 | 73,244 | 110,767 | ||
| 85,148 | 92,209 | 62,518 | 58,653 | 68,126 | 52,520 | 45,795 | 83,662 | ||
| 3,234 | 0 | 12,708 | 63,660 | 88,765 | 6,874 | 0 | 43,389 | ||
| 13,975 | -55,407 | -35,928 | -16,674 | 50,145 | -8,387 | 29,907 | - | ||
| 107,045 | 159,231 | 105,409 | 133,865 | 156,304 | 137,913 | 95,623 | 59,803 | ||
| 49.2% | 82.9% | 69.2% | 76.2% | 68.2% | 83.2% | 63.9% | 60.8% | ||
| 1.57 | 4.06 | 2.13 | 3.50 | 3.89 | 5.69 | 2.73 | 2.92 | ||
| 1.03 | 0.21 | 0.44 | 0.31 | 0.47 | 0.20 | 0.57 | 0.65 | ||
| 34.6% | 27.7% | 18.6% | 16.7% | 26.6% | 28.6% | 33.7% | 91.0% | ||
| 17.0% | 23.0% | 12.9% | 12.8% | 18.1% | 23.8% | 21.5% | 55.3% | ||
| 38.91 | 57.59 | 76.50 | 58.78 | 96.91 | - | - | - |
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 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,234 | - | €12,708 | €63,660 | €88,765 |
| €22,336 | €22,235 | €21,923 | €18,828 | €15,398 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on K2@WORK
The operating result for 2025 is 3% lower than in 2024.
Debt's share of the balance-sheet total rises from 17.1% to 50.8%. Equity is lower and debt is higher.