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MK2B

Active
Private limited companyfounded 2013active for 13 yearsWinston Churchilllaan 123, 1180 Ukkel, BelgiumKBO/BCE: BE 0538.947.143
Summary

MK2B has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €356,159 and a net result of €76,937. Equity is growing by about 21% per year across the filed financial years. Its solvency ranks better than 31% of 37,592 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.

Turnover
≈ €250,000
Estimated: probably between €210,000 and €290,000
Total assets
€1.0m▼ 1.6%
2023 · €1.0m
Net result
€76,937▲ 20.7%
2023 · €63,731
Working capital
-€88,615▼ 86.4%
2023 · -€47,535
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result recovers in 2024; 2024 is 37% above 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2024 Net result€0.08m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.06m-€0.08m▲ 45.2%€0.07m▼ 13.2%€0.1m▲ 111%€0.1m▼ 30.5%€0.1m▼ 4.7%€0.1m▲ 37.1%
Net result€0.04m-€0.06m▲ 37.7%€0.04mwithin the sector's middle half▼ 25.9%€0.1mabove the sector's middle half▲ 142%€0.07mabove the sector's middle half▼ 33.8%€0.06mabove the sector's middle half▼ 8.5%€0.08mabove the sector's middle half▲ 20.7%
Equity€0.08m-€0.1m▲ 60.9%€0.2mwithin the sector's middle half▲ 34.4%€0.2mwithin the sector's middle half▲ 27.7%€0.2mwithin the sector's middle half▲ 13.7%€0.3mabove the sector's middle half▲ 25.8%€0.4mabove the sector's middle half▲ 14.7%
Total assets€0.1m-€0.2m▲ 23.0%€0.4mwithin the sector's middle half▲ 128%€0.5mwithin the sector's middle half▲ 14.8%€0.6mabove the sector's middle half▲ 20.9%€1.0mabove the sector's middle half▲ 86.2%€1.0mabove the sector's middle half▼ 1.6%
Debt€0.07m-€0.05m▼ 22.2%€0.2m▲ 358%€0.2m▲ 5.4%€0.3m▲ 27.3%€0.7m▲ 133%€0.7m▼ 8.5%
Working capital€0.03m-€0.05m▲ 57.0%€0.04mwithin the sector's middle half▼ 13.3%€0.03mwithin the sector's middle half▼ 33.2%€0.03mwithin the sector's middle half▲ 9.7%-€0.05mbelow the sector's middle half-€0.09mbelow the sector's middle half▼ 86.4%
Solvency54.4%-71.2%▲ 16.8pp42.0%within the sector's middle half▼ 29.1pp46.7%within the sector's middle half▲ 4.7pp43.9%within the sector's middle half▼ 2.8pp29.7%within the sector's middle half▼ 14.2pp34.6%within the sector's middle half▲ 4.9pp
Current ratio1.76-2.33▲ 0.571.91within the sector's middle half▼ 0.421.38within the sector's middle half▼ 0.521.49within the sector's middle half▲ 0.100.57below the sector's middle half▼ 0.920.27below the sector's middle half▼ 0.31
Return on assets (ROA)29.5%-33.0%▲ 3.5pp10.8%within the sector's middle half▼ 22.3pp22.7%within the sector's middle half▲ 11.9pp12.4%within the sector's middle half▼ 10.3pp6.1%within the sector's middle half▼ 6.3pp7.5%within the sector's middle half▲ 1.4pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets €996,496 ▲ 1.5%
Current assets €32,067 ▼ 49.3%
Equity and liabilities €1.0m
Equity €356,159 ▲ 14.7%
Debt €672,404 ▼ 8.5%
Debt's share of the balance-sheet total falls from 70.3% to 65.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€142,798▲
2023 · €110,012
Cash flow
€86,232▲
2023 · €76,391
Debt to equity
1.89▼
2023 · 2.37
ROE
21.6%▲
2023 · 20.5%
Interest coverage
5.22▼
2023 · 14.87
Debt ≤ 1 year
€120,682▲
2023 · €110,833
Debt > 1 year
€551,722▼
2023 · €624,058
Income taxes
€29,213▲
2023 · €26,221
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.0m€1.0m▼
Fixed assets21/28€1.0m€1.0m▲
Tangible fixed assets22/27€0.3m€0.2m▼
Land and buildings22€0.3m€0.2m▼
Furniture and vehicles24€0€0=
Financial fixed assets28€0.7m€0.8m▲
Current assets29/58€0.06m€0.03m▼
Amounts receivable within one year40/41€0.009m€0.02m▲
Trade receivables40-€0.006m
Other amounts receivable41€0.009m€0.01m▲
Cash at bank and in hand54/58€0.05m€0.01m▼
Deferred charges and accrued income490/1€0.001m-
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.0m▼
Equity10/15€0.3m€0.4m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.002m€0.002m=
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Profit (loss) carried forward14€0.3m€0.3m▲
Amounts payable17/49€0.7m€0.7m▼
Amounts payable after more than one year17€0.6m€0.6m▼
Financial debts170/4€0.6m€0.6m▼
Amounts payable within one year42/48€0.1m€0.1m▲
Current portion of amounts payable after more than one year42€0.08m€0.08m▲
Trade debts44€0.001m€0.009m▲
Suppliers440/4€0.001m€0.009m▲
Advances received on contracts in progress46€0.01m-
Taxes, remuneration and social security45€0.02m€0.03m▲
Taxes450/3€0.02m€0.03m▲
Other amounts payable47/48-€0.005m
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.009m▼
Other operating charges640/8€0.005m€0.002m▼
Non-recurring operating charges66A€171-
Gross operating margin9900€0.1m€0.1m▲
Operating profit (loss)9901€0.1m€0.1m▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€0.007m€0.03m▲
Recurring financial charges65€0.007m€0.03m▲
Profit (loss) for the period before taxes9903€0.09m€0.1m▲
Income taxes67/77€0.03m€0.03m▲
Profit (loss) for the period9904€0.06m€0.08m▲
Profit (loss) for the period to be appropriated9905€0.06m€0.08m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.3m€0.4m▲
Profit (loss) brought forward from the previous period14P€0.2m€0.3m▲
Profit to be distributed694/7-€0.03m
Return on contributions (dividend)694-€0.03m

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€375-€29,517€10,044€12,715€12,660€9,296▼ 26.6%
Other operating charges640/8---€1,670€4,960€4,555€2,400▼ 47.3%
Non-recurring operating charges66A-----€171--
Gross operating margin9900€56,323€81,099€100,689€158,804€119,863€114,738€145,198▲ 26.5%
Operating profit (loss)9901€55,270€80,270€69,638€147,090€102,188€97,352€133,502▲ 37.1%
Financial income75/76B---€813-€0--
Recurring financial income75€2,155€1,437€600€813-€0--
Financial charges65/66B---€4,092€5,556€7,401€27,353▲ 270%
Recurring financial charges65€1,808€1,259€1,982€4,092€5,556€7,401€27,353▲ 270%
Profit (loss) for the period before taxes9903€55,617€80,449€68,256€143,812€96,632€89,952€106,149▲ 18.0%
Income taxes67/77€13,017€21,790€24,779€38,529€26,987€26,221€29,213▲ 11.4%
Profit (loss) for the period9904€42,600€58,659€43,477€105,283€69,645€63,731€76,937▲ 20.7%
Profit (loss) for the period to be appropriated9905€42,600€58,659€43,477€105,283€69,645€63,731€76,937▲ 20.7%
Line2018201920202021202220232024Change
Assets
Total assets20/58€0.1m€0.2m€0.4m€0.5m€0.6m€1.0m€1.0m▼ 1.6%
Fixed assets21/28€0.07m€0.09m€0.3m€0.4m€0.5m€1.0m€1.0m▲ 1.5%
Tangible fixed assets22/27--€0.2m€0.2m€0.3m€0.3m€0.2m▼ 3.7%
Land and buildings22---€0.2m€0.3m€0.3m€0.2m▼ 3.7%
Furniture and vehicles24---€0.008m€0.004m€0€0=
Financial fixed assets28€0.07m€0.09m€0.1m€0.2m€0.2m€0.7m€0.8m▲ 3.3%
Current assets29/58€0.07m€0.09m€0.09m€0.1m€0.1m€0.06m€0.03m▼ 49.3%
Amounts receivable after more than one year29---€0.03m----
Other amounts receivable291---€0.03m----
Amounts receivable within one year40/41€0.03m€0.03m€0.02m€0.005m€0.06m€0.009m€0.02m▲ 115%
Trade receivables40---€0.001m€0.06m-€0.006m-
Other amounts receivable41---€0.004m€0.001m€0.009m€0.01m▲ 48.1%
Cash at bank and in hand54/58€0.04m€0.05m€0.02m€0.07m€0.03m€0.05m€0.01m▼ 77.5%
Deferred charges and accrued income490/1---€0.004m€0.002m€0.001m--
Equity and liabilities
Total equity and liabilities10/49€0.1m€0.2m€0.4m€0.5m€0.6m€1.0m€1.0m▼ 1.6%
Equity10/15€0.08m€0.1m€0.2m€0.2m€0.2m€0.3m€0.4m▲ 14.7%
Contributions10/11€0.006m€0.006m-€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m=
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m=
Profit (loss) carried forward14€0.07m€0.1m€0.2m€0.2m€0.2m€0.3m€0.3m▲ 15.8%
Amounts payable17/49€0.07m€0.05m€0.2m€0.2m€0.3m€0.7m€0.7m▼ 8.5%
Amounts payable after more than one year17€0.02m€0.01m€0.2m€0.2m€0.2m€0.6m€0.6m▼ 11.6%
Financial debts170/4---€0.2m€0.2m€0.6m€0.6m▼ 11.6%
Amounts payable within one year42/48€0.04m€0.04m€0.05m€0.07m€0.06m€0.1m€0.1m▲ 8.9%
Current portion of amounts payable after more than one year42---€0.04m€0.04m€0.08m€0.08m▲ 1.7%
Trade debts44€0.001m-€0.001m-€0.002m€0.001m€0.009m▲ 531%
Suppliers440/4----€0.002m€0.001m€0.009m▲ 531%
Advances received on contracts in progress46-----€0.01m--
Taxes, remuneration and social security45---€0.03m€0.02m€0.02m€0.03m▲ 27.2%
Taxes450/3---€0.03m€0.02m€0.02m€0.03m▲ 27.2%
Other amounts payable47/48---€0.001m€0.001m-€0.005m-
Line2018201920202021202220232024Change
Profit (loss) for the period9904€42,600€58,659€43,477€105,283€69,645€63,731€76,937▲ 20.7%
+ Depreciation and write-downs630€375-€29,517€10,044€12,715€12,660€9,296▼ 26.6%
Operating cash flow (approximation)€42,975€58,659€72,994€115,327€82,360€76,391€86,232▲ 12.9%
Investment in fixed assets (approximation)--€19,640-€252,714-€56,854-€117,049-€529,829-€23,800▲ 95.5%
Change in cash-€8,234-€26,244€40,653-€34,523€22,373-€41,240-

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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Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 31-08-2025 2025-00457551
31-12-2023 micro format 31-08-2024 2024-00440000
31-12-2022 micro format 18-09-2023 2023-00447737
31-12-2021 micro format 31-08-2022 2022-20418051
31-12-2020 micro format 31-08-2021 2021-60700037
31-12-2019 micro format 29-10-2020 2020-65500559
31-12-2018 micro format 16-08-2019 2019-46800572
31-12-2017 micro format 31-08-2018 2018-60400426
31-12-2016 micro format 18-08-2017 2017-45300280
31-12-2015 full format 14-08-2016 2016-42900499

Show all 11 filings

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.