K2PB
ActiveSummary
K2PB has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €81k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency29▼-7
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.69 against 2.0 in 2024; short-term debt: 39.7% and cash: 15.5% of total assets), and 95.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.3%
Return on assets
25%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 31791 sector peers (2025).
NBB · sector comparisonPosition among 31791 sector peers
Solvency
better than 12%
← weakest
strongest →
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 13-04-2026, 109 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
109 d early
2024
36 d early
2023
36 d early
2022
151 d early
2021
41 d early
2020
40 d early
2019
36 d early
← 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 48.9%
2024 · €27k
2019: €27k
2020: €41k▲ +49.2% vs 2019
2021: €60k▲ +47.0% vs 2020
2022: €25k▼ -58.4% vs 2021
2023: €93k▲ +272% vs 2022highest in 7 years
2024: €27k▼ -70.6% vs 2023
2025: €14k▼ -48.9% vs 2024lowest in 7 years
2019 → 2025
Total assets
€325k▲ 24.7%
2024 · €261k
2019: €39klowest in 7 years
2020: €73k▲ +86.2% vs 2019
2021: €69k▼ -6.5% vs 2020
2022: €89k▲ +29.7% vs 2021
2023: €132k▲ +48.7% vs 2022
2024: €261k▲ +97.2% vs 2023
2025: €325k▲ +24.7% vs 2024highest in 7 years
2019 → 2025
Net result
€81k
2024 · €-66k
2019: €17k
2020: €13k▼ -22.6% vs 2019
2021: €19k▲ +42.7% vs 2020
2022: €44k▲ +127% vs 2021
2023: €80k▲ +83.8% vs 2022
2024: €-66k▼ -182% vs 2023lowest in 7 years
2025: €81k▲ +223% vs 2024highest in 7 years
2019 → 2025
Working capital
€-40k
2024 · €24k
2019: €27k
2020: €38k▲ +39.1% vs 2019
2021: €58k▲ +52.9% vs 2020
2022: €24k▼ -59.1% vs 2021
2023: €89k▲ +274% vs 2022highest in 7 years
2024: €24k▼ -72.8% vs 2023
2025: €-40k▼ -264% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€25k▼ 58.4%€93k▲ 272%€27k▼ 70.6%€14k▼ 48.9%
2021: €60k
2022: €25k▼ -58.4% vs 2021
2023: €93k▲ +272% vs 2022highest in 5 years
2024: €27k▼ -70.6% vs 2023
2025: €14k▼ -48.9% vs 2024lowest in 5 years
Operating result€27k-€59k▲ 116%€107k▲ 81.4%€-65k€97k
2021: €27k
2022: €59k▲ +116% vs 2021
2023: €107k▲ +81.4% vs 2022highest in 5 years
2024: €-65k▼ -161% vs 2023lowest in 5 years
2025: €97k▲ +249% vs 2024
Net result€19k-€44k▲ 127%€80k▲ 83.8%€-66k€81k
2021: €19k
2022: €44k▲ +127% vs 2021
2023: €80k▲ +83.8% vs 2022
2024: €-66k▼ -182% vs 2023lowest in 5 years
2025: €81k▲ +223% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €97k after a loss of €65k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €325k
Fixed assets
€235k ▲ 10.9%
Current assets
€90k ▲ 85.4%
Equity and liabilities €325k
Equity
€14k ▼ 48.9%
Debt
€311k ▲ 33.3%
Debt's share of the balance-sheet total rises from 89.5% to 95.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€98k▲
2024 · €-64k
Cash flow
€82k▲
2024 · €-65k
Current ratio
0.69▼
2024 · 2.00
Debt to equity
22.24▲
2024 · 8.52
ROE
580.8%▲
2024 · -240.6%
ROA
25.0%▲
2024 · -25.3%
Interest coverage
18.97▲
2024 · -54.62
Debt ≤ 1 year
€129k▲
2024 · €24k
Debt > 1 year
€182k▼
2024 · €209k
Income taxes
€11k▲
2024 · €362
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€261k€325k▲
Fixed assets21/28€212k€235k▲
Tangible fixed assets22/27€4k€3k▼
Land and buildings22€3k€3k▼
Furniture and vehicles24€459€7▼
Financial fixed assets28€209k€233k▲
Current assets29/58€48k€90k▲
Amounts receivable within one year40/41€22k€22k=
Trade receivables40€22k€22k=
Other amounts receivable41-€4
Cash at bank and in hand54/58€9k€50k▲
Deferred charges and accrued income490/1€17k€17k▲
Equity and liabilities
Total equity and liabilities10/49€261k€325k▲
Equity10/15€27k€14k▼
Contributions10/11€10k€10k=
Reserves13€17k€4k▼
Distributable reserves133€17k€4k▼
Amounts payable17/49€233k€311k▲
Amounts payable after more than one year17€209k€182k▼
Financial debts170/4€209k€182k▼
Amounts payable within one year42/48€24k€129k▲
Current portion of amounts payable after more than one year42€18k€19k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€3k€16k▲
Taxes450/3€3k€16k▲
Other amounts payable47/48€1k€83k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€913€816▼
Other operating charges640/8€1k€694▼
Gross operating margin9900€-63k€98k▲
Operating profit (loss)9901€-65k€97k▲
Financial income75/76B€671€5▼
Recurring financial income75€671€5▼
Financial charges65/66B€1k€5k▲
Recurring financial charges65€1k€5k▲
Profit (loss) for the period before taxes9903€-66k€92k▲
Income taxes67/77€362€11k▲
Profit (loss) for the period9904€-66k€81k▲
Profit (loss) for the period to be appropriated9905€-66k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-66k€81k▲
Transfer from equity791/2€66k€13k▼
Transfer to equity691/2-€1
To other reserves6921-€1
Profit to be distributed694/7-€95k
Return on contributions (dividend)694-€95k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €822 | €822 | €1k | €913 | €816 | ▼ 10.6% |
| Other operating charges640/8 | €101 | €218 | €605 | €1k | €694 | ▼ 34.2% |
| Gross operating margin9900 | €28k | €60k | €108k | €-63k | €98k | ▲ 256% |
| Operating profit (loss)9901 | €27k | €59k | €107k | €-65k | €97k | ▲ 249% |
| Financial income75/76B | €6 | €6 | €28 | €671 | €5 | ▼ 99.2% |
| Recurring financial income75 | €6 | €6 | €28 | €671 | €5 | ▼ 99.2% |
| Financial charges65/66B | €159 | €294 | €1k | €1k | €5k | ▲ 339% |
| Recurring financial charges65 | €159 | €294 | €1k | €1k | €5k | ▲ 339% |
| Profit (loss) for the period before taxes9903 | €27k | €58k | €105k | €-66k | €92k | ▲ 240% |
| Income taxes67/77 | €8k | €15k | €25k | €362 | €11k | ▲ 2,798% |
| Profit (loss) for the period9904 | €19k | €44k | €80k | €-66k | €81k | ▲ 223% |
| Profit (loss) for the period to be appropriated9905 | €19k | €44k | €80k | €-66k | €81k | ▲ 223% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69k | €89k | €132k | €261k | €325k | ▲ 24.7% |
| Fixed assets21/28 | €2k | €1k | €4k | €212k | €235k | ▲ 10.9% |
| Tangible fixed assets22/27 | €2k | €1k | €4k | €4k | €3k | ▼ 22.8% |
| Land and buildings22 | - | - | €3k | €3k | €3k | ▼ 11.7% |
| Furniture and vehicles24 | €2k | €1k | €1k | €459 | €7 | ▼ 98.6% |
| Financial fixed assets28 | - | - | - | €209k | €233k | ▲ 11.5% |
| Current assets29/58 | €66k | €88k | €128k | €48k | €90k | ▲ 85.4% |
| Amounts receivable within one year40/41 | €25k | €21k | €5k | €22k | €22k | = |
| Trade receivables40 | €22k | €21k | - | €22k | €22k | = |
| Other amounts receivable41 | €3k | - | €5k | - | €4 | - |
| Current investments50/53 | - | - | €70k | - | - | - |
| Cash at bank and in hand54/58 | €20k | €48k | €34k | €9k | €50k | ▲ 442% |
| Deferred charges and accrued income490/1 | €22k | €18k | €19k | €17k | €17k | ▲ 0.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69k | €89k | €132k | €261k | €325k | ▲ 24.7% |
| Equity10/15 | €60k | €25k | €93k | €27k | €14k | ▼ 48.9% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Reserves13 | €50k | €15k | €83k | €17k | €4k | ▼ 77.1% |
| Non-distributable reserves130/1 | €1k | €1k | - | - | - | - |
| Reserves not available under the articles1311 | €1k | €1k | - | - | - | - |
| Distributable reserves133 | €49k | €14k | €83k | €17k | €4k | ▼ 77.1% |
| Amounts payable17/49 | €8k | €64k | €39k | €233k | €311k | ▲ 33.3% |
| Amounts payable after more than one year17 | - | - | - | €209k | €182k | ▼ 13.0% |
| Financial debts170/4 | - | - | - | €209k | €182k | ▼ 13.0% |
| Amounts payable within one year42/48 | €8k | €64k | €39k | €24k | €129k | ▲ 434% |
| Current portion of amounts payable after more than one year42 | - | - | - | €18k | €19k | ▲ 3.7% |
| Financial debts43 | - | - | €8k | - | €10k | - |
| Credit institutions430/8 | - | - | €8k | - | €10k | - |
| Trade debts44 | €7k | €5k | €3k | €2k | €1k | ▼ 44.0% |
| Suppliers440/4 | €7k | €5k | €3k | €2k | €1k | ▼ 44.0% |
| Taxes, remuneration and social security45 | - | €21k | €2k | €3k | €16k | ▲ 397% |
| Taxes450/3 | - | €21k | €2k | €3k | €16k | ▲ 397% |
| Other amounts payable47/48 | €2k | €38k | €27k | €1k | €83k | ▲ 7,471% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €44k | €80k | €-66k | €81k | ▲ 223% |
| + Depreciation and write-downs630 | €822 | €822 | €1k | €913 | €816 | ▼ 10.6% |
| Operating cash flow (approximation) | €20k | €44k | €81k | €-65k | €82k | ▲ 226% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | €-209k | €-24k | ▲ 88.5% |
| Change in cash | - | €29k | €-14k | €-25k | €41k | ▲ 265% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €81k
Net result €81k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.28
Current ratio from 1.37 to 3.28; short-term debt falls from €64k to €39k.
02-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 7.93
Current ratio from 2.17 to 7.93; short-term debt falls from €32k to €8k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Destelbergen · 1 establishment unit since 2019
Ground area
308 m²
Building footprint
95 m²
Parcel 44028B0412/00X002, Flanders. Linked by address, not a title deed.
1 establishment unit
K2PB
since 20192.291.535.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028B0412/00X002 | Flanders | 308 m² | 1 · 95 m² | - |
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,761 EUR awarded · 1,161 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 900 EUR | 300 EUR |
| 2024 | 1 | 861 EUR | 861 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 26,699 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
Founded22-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
69109Other legal services
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.