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KNOP2

Active Private limited companyfounded 2009active for 17 yearsVilvoordsesteenweg 183, 1850 GrimbergenKBO/BCE: BE 0819.477.576 #1 company by equity in Grimbergen, Construction sector

Lifetime

16 annual accounts with figures on one time axis
peak €1.0m (2017)
€818,712▲ 5.4%
peak €462,698 (2011)
€310,943▲ 81.5%
peak €2.2m (2021)
€1.8m▼ 1.7%
€358,650▼ 8.4%
peak 9.8 FTE (2021)
6.5 FTE▼ 3.0%
Board5 names since 2018
3 directorsBVBA Knop Koen and 2 others
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Result from €171,284 to €310,943Dividend €343,328Cash from €389,125 to €583,891

Key points

from the 2025 annual accounts

Equity

€1.8m ▼ 1.7%
1.92024+0.3Profit-0.3Dividend1.82025

KNOP2 paid out €343,328 in dividends. That is 110% of the 2025 profit.

Result

€310,943 ▲ 81.5%
€171,0002024€311,0002025

The result rose in 2025 from €171,284 to €310,943.

Turnover

≈ €2.1m estimated

The abbreviated format states no turnover.

Staff

6.5 FTE from 9.8 in 2021

Between 2021 and 2025, 34% of the full-time equivalents disappeared.

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Seven of the last ten came late. The 2021 accounts came latest: 79 days after the end of the period.

Position in the sector

€1.8m

More equity than 95% of companies in specialised construction. Sector median €250,150 · 9,975 companies.

Checked score

96
Excellent
Financially stronger than 68% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.1%▼ -0.1 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100=equity 83.6% of total assets
82+11short-term debt 12.0% · cash 26.7%
87+9return on assets 14.2%

Score breakdown

raises risk
2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 6.36, cash €583,891
Equity €1.8m (83.6% of total assets)
Founded in 2009
Calculation

The band follows from the bankruptcy probability. 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). It does better than 90% of them on solvency, 80% on liquidity, 71% on profitability and 32% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as KNOP2 has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of KNOP2 itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for KNOP2. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €170,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.36 (7.28 in 2024), above the usual 1.5. Short-term debt is 12% and cash 26.7% of total assets. 16.4% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 6.36, cash €583,891
NBB · annual accounts
lowers risk · Equity €1.8m (83.6% of total assets)
NBB · annual accounts
raises risk · 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2009
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2024
31 days late
2023
31 days late
2022
5 days early
2021
79 days late
2020
60 days late
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BK
Manager, since 01-01-2018
BK
Manager, since 01-01-2018
DV
Manager, since 01-01-2018
Board & ownership

Recent changes

Purpose change · Legal-form change · Resignations & appointments “De onderneming van sanitaire inrichtingen,verwarming,lood- en zinkwerken;de onderneming voor het plaatsen van…” (deed in Dutch) · General meeting of 20-11-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0819477576
Capital decrease of €540,000 to €18,600 Capital from €558,600 to €18,600 · General meeting of 22-08-2018 · Gazette deed
2 managers appointed, 2 resignations Resignations: Knop Koen (manager) and Knop Stijn (manager) · Appointments: BVBA Knop Koen (manager) and BVBA Knop Stijn (manager) · Permanent representatives: Knop Koen and Knop Stijn · General meeting of 20-12-2017 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
KNOP2 Grimbergen €2.2m €0.8m 83.6% 6.5
M.J.F. Thimister-Clermont €2.2m €0.8m 28.5% 6.5
INDEPENDENT FIRE PROTECTION COMPANY Oudenaarde €2.3m €0.7m 27.8% 7.7
Rainer GILS & Sohn Saint-Vith €2.0m €0.7m 68.2% 7.5
Buckens Frederik Nazareth-De Pinte €1.7m €0.7m 34.7% 4.8
Schoonians Steven Roosdaal €2.3m €1.1m 64.7% 10.7
ROELS Ternat €3.7m €0.9m 21.7% 9

These companies have the same main activity as KNOP2: plumbing work (NACE 43221). They are comparable in size and age: total assets between €1.7m and €3.7m, founded between 2004 and 2010.

Official details

Source: KBO
Status
Active since 09-10-2009Normal situation
Activity
Plumbing workNACE 43221and 2 others
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2021
Establishment unit
2.182.284.4221850 Grimbergen, since 09-10-2009
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

€2.2m▼ 2.9%
Employeeson 31-12-2025
8▲ 14.3%
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Insights on KNOP2

KNOP2 files the abbreviated format. That format states no turnover. The gross margin rose from €567,002 in 2010 to €818,712 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KNOP2

What is the company number of KNOP2?
The company number of KNOP2 is 0819.477.576. The VAT number is the same number with BE in front: BE 0819.477.576.
Where is KNOP2 based?
The registered office is at Vilvoordsesteenweg 183, 1850 Grimbergen.Company details
What does KNOP2 do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of KNOP2?
KNOP2 is a private limited company (BV).
When was KNOP2 founded?
KNOP2 was founded on 09-10-2009.
Is KNOP2 still active?
Yes, KNOP2 is an active enterprise in the KBO register.
How many employees does KNOP2 have?
KNOP2 had an average of 6.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does KNOP2 fall under?
In its 2021 annual accounts, KNOP2 states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of KNOP2?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €818,712 and 46 comparable companies (NACE 432). It probably lies between €1.8m and €2.7m.
Is KNOP2 profitable?
In financial year 2025, KNOP2 made a profit of €310,943.
Where can I find the annual accounts of KNOP2?
KNOP2 filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KNOP2 due?
KNOP2 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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