K2Engineering
Annual accounts 2025
micro format, filed on 09-06-2026, 52 days before the deadline€34,262
▲ 114%
€30,574
▲ 256%
€29,851
▲ 254%
€53,804
▲ 123%
66.4%
▲ 21.7 percentage points
2.82
▲ 1.14
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €68,000 and €140,000.
Balance sheet
balance sheet total €88,071 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
66.4%
Higher than 63% of 11,794 companies in 2025.
2.82
Higher than 62% of 11,521 companies in 2025.
33.9%
Higher than 81% of 11,605 companies in 2025.
K2Engineering
Middle half of the sector
80% of the sector
Micro accounts in architecture and engineering (NACE 71)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
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 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
88,071 | 64,063 | 55,759 | 114,651 | 122,085 | 111,589 | 97,326 | 87,087 | 75,997 | 64,490 | 49,519 | |
21/28 |
4,649 | 4,526 | 9,835 | 14,428 | 12,216 | 7,741 | 1,174 | 2,347 | 663 | 2,284 | 1,255 | |
22/27 |
4,649 | 4,526 | 9,835 | 14,428 | 12,216 | 7,741 | 1,174 | 2,347 | 663 | 2,284 | 1,255 | |
23 |
456 | 1,114 | 2,034 | 2,131 | 2,889 | 2,667 | 396 | 793 | - | 338 | 788 | |
24 |
4,193 | 3,412 | 7,801 | 12,297 | 9,327 | 5,075 | 777 | 1,554 | 663 | 1,947 | 467 | |
29/58 |
83,423 | 59,537 | 45,924 | 100,223 | 109,868 | 103,848 | 96,153 | 84,740 | 75,335 | 62,205 | 48,264 | |
40/41 |
38,391 | 52,100 | 25,330 | 30,613 | 40,723 | 40,050 | 29,531 | 46,530 | 37,545 | 31,055 | 31,915 | |
40 |
38,391 | 49,563 | 18,378 | 10,024 | 36,887 | 35,731 | 24,869 | 39,646 | 36,959 | 31,047 | 31,678 | |
41 |
0 | 2,537 | 6,952 | 20,589 | 3,836 | 4,319 | 4,662 | 6,884 | 586 | 7 | 237 | |
54/58 |
42,257 | 4,815 | 15,651 | 62,089 | 65,370 | 60,618 | 64,321 | 35,266 | 36,946 | 30,659 | 15,584 | |
490/1 |
2,775 | 2,622 | 4,943 | 7,521 | 3,775 | 3,180 | 2,300 | 2,944 | 844 | 492 | 765 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
88,071 | 64,063 | 55,759 | 114,651 | 122,085 | 111,589 | 97,326 | 87,087 | 75,997 | 64,490 | 49,519 | |
10/15 |
58,453 | 28,602 | 20,168 | 61,641 | 115,960 | 105,221 | 95,667 | 77,844 | 65,243 | 49,050 | 30,164 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,240 | 1,240 | |
130/1 |
- | - | - | 0 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,240 | 1,240 | |
1311 |
- | - | - | 0 | 1,860 | 1,860 | - | - | - | - | - | |
133 |
1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | |
14 |
37,993 | 8,142 | -292 | 41,181 | 95,500 | 84,761 | 75,207 | 57,384 | 50,983 | 35,410 | 16,524 | |
17/49 |
29,618 | 35,461 | 35,591 | 53,010 | 6,125 | 6,368 | 1,659 | 9,243 | 10,754 | 15,439 | 19,354 | |
42/48 |
29,618 | 35,461 | 35,591 | 53,010 | 6,125 | 6,168 | 1,659 | 9,243 | 10,754 | 14,939 | 19,354 | |
43 |
2,365 | 249 | - | - | - | - | - | - | - | - | - | |
430/8 |
2,365 | 249 | - | - | - | - | - | - | - | - | - | |
44 |
334 | 1,809 | 904 | 0 | 214 | 70 | 402 | 889 | 478 | 2,882 | 67 | |
440/4 |
334 | 1,809 | 904 | 0 | 214 | 70 | 402 | 889 | 478 | 2,882 | 67 | |
45 |
11,553 | 5,007 | 9,004 | 3,000 | 5,891 | 6,098 | 1,257 | 8,354 | 10,277 | 12,058 | 11,287 | |
450/3 |
11,553 | 5,007 | 9,004 | 3,000 | 5,891 | 4,098 | 1,257 | 8,354 | 10,277 | 10,058 | 10,787 | |
454/9 |
- | - | - | - | - | 2,000 | - | - | - | 2,000 | 500 | |
47/48 |
15,367 | 28,396 | 25,684 | 50,010 | 20 | - | - | - | - | - | 8,000 | |
492/3 |
- | - | - | - | - | 200 | - | - | - | 500 | - | |
| Income statement | ||||||||||||
9900 |
34,262 | 15,988 | -32,651 | 2,357 | 17,332 | 14,756 | 25,162 | 11,231 | 25,287 | 28,607 | 34,174 | |
630 |
2,806 | 6,636 | 7,954 | 5,498 | 3,185 | 2,308 | 1,174 | 1,942 | 1,622 | 1,801 | 896 | |
640/8 |
882 | 760 | 879 | 695 | 565 | 564 | 561 | 447 | 410 | 124 | - | |
9901 |
30,574 | 8,592 | -41,484 | -3,836 | 13,582 | 11,884 | 23,427 | 8,841 | 23,256 | 26,682 | 33,278 | |
75/76B |
12 | 11 | 125 | 382 | 141 | 129 | 39 | 241 | 37 | 28 | 6 | |
75 |
12 | 11 | 125 | 382 | 141 | 129 | 39 | 241 | 37 | 28 | 6 | |
65/66B |
113 | 167 | 114 | 280 | 391 | 478 | 624 | 202 | 53 | 78 | 53 | |
65 |
113 | 167 | 114 | 280 | 391 | 478 | 624 | 202 | 53 | 78 | 53 | |
9903 |
30,473 | 8,436 | -41,474 | -3,733 | 13,333 | 11,535 | 22,841 | 8,881 | 23,239 | 26,632 | 33,231 | |
67/77 |
622 | 2 | 0 | 585 | 2,594 | 1,981 | 5,019 | 2,479 | 7,046 | 7,747 | 7,466 | |
9904 |
29,851 | 8,434 | -41,474 | -4,319 | 10,739 | 9,554 | 17,823 | 6,401 | 16,193 | 18,886 | 25,764 | |
9905 |
29,851 | 8,434 | -41,474 | -4,319 | 10,739 | 9,554 | 17,823 | 6,401 | 16,193 | 18,886 | 25,764 | |
| Appropriation of the result | ||||||||||||
9906 |
37,993 | 8,142 | -292 | 91,181 | 95,500 | 84,761 | 75,207 | 57,384 | 51,603 | 35,410 | 25,764 | |
14P |
8,142 | -292 | 41,181 | 95,500 | 84,761 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | 620 | - | 1,240 | |
6920 |
- | - | - | - | - | - | - | - | 620 | - | 1,240 | |
694/7 |
- | - | 0 | 50,000 | - | - | - | - | - | - | 8,000 | |
694 |
- | - | 0 | 50,000 | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | - | - | - | - | - | 8,000 | |
| 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 filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 09-06-2026 | 2026-00147274 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00224191 | |
| 31-12-2023 | micro format | 18-07-2024 | 2024-00265578 | |
| 31-12-2022 | micro format | 10-07-2023 | 2023-00224462 | |
| 31-12-2021 | micro format | 23-07-2022 | 2022-20225342 | |
| 31-12-2020 | micro format | 25-06-2021 | 2021-24800111 | |
| 31-12-2019 | micro format | 26-06-2020 | 2020-21300381 | |
| 31-12-2018 | micro format | 30-07-2019 | 2019-41300552 | |
| 31-12-2017 | micro format | 18-07-2018 | 2018-34600396 | |
| 31-12-2016 | micro format | 28-07-2017 | 2017-39000112 | |
| 31-12-2015 | abbreviated format | 30-06-2016 | 2016-26200179 |
Subsidies and aid
Flemish government 2022 to 2025, 4 entries, €828 awarded, €775 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €53 | €0 |
| 2024 | 1 | €195 | €195 |
| 2023 | 1 | €128 | €128 |
| 2022 | 1 | €452 | €452 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33,380 | 15,228 | -33,530 | 1,662 | 16,767 | 14,192 | 24,601 | 10,783 | 24,877 | 28,483 | 34,174 | ||
| 32,657 | 15,070 | -33,520 | 1,180 | 13,924 | 11,863 | 18,996 | 8,344 | 17,814 | 20,687 | 26,661 | ||
| 2,929 | 1,327 | 3,360 | 7,710 | 7,660 | 8,876 | 0 | 3,627 | 0 | 2,831 | 2,151 | ||
| 37,442 | -10,836 | -46,438 | -3,282 | 4,752 | -3,703 | 29,055 | -1,679 | 6,286 | 15,075 | - | ||
| 53,804 | 24,076 | 10,333 | 47,213 | 103,744 | 97,680 | 94,493 | 75,497 | 64,580 | 47,266 | 28,910 | ||
| 66.4% | 44.6% | 36.2% | 53.8% | 95.0% | 94.3% | 98.3% | 89.4% | 85.8% | 76.1% | 60.9% | ||
| 2.82 | 1.68 | 1.29 | 1.89 | 17.94 | 16.84 | 57.95 | 9.17 | 7.00 | 4.16 | 2.49 | ||
| 0.51 | 1.24 | 1.76 | 0.86 | 0.05 | 0.06 | 0.02 | 0.12 | 0.16 | 0.31 | 0.64 | ||
| 51.1% | 29.5% | -205.6% | -7.0% | 9.3% | 9.1% | 18.6% | 8.2% | 24.8% | 38.5% | 85.4% | ||
| 33.9% | 13.2% | -74.4% | -3.8% | 8.8% | 8.6% | 18.3% | 7.4% | 21.3% | 29.3% | 52.0% | ||
| over 100 | 91.26 | -293.33 | 5.94 | 42.88 | - | - | - | - | - | - |
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 | €2,929 | €1,327 | €3,360 | €7,710 | €7,660 |
| €2,806 | €6,636 | €7,954 | €5,498 | €3,185 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on K2Engineering
The operating result for 2025 is nearly 3.6 times that of 2024 and the highest since 2015. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 55.4% to 33.6%. Equity is higher and debt is lower.