ACTIVE

K2Engineering

Financial year 2025 · closed on 31/12/2025
Net result
29,9 k €
+253.9% YoY
Gross margin
34,3 k €
+114.3% YoY
Equity
58,5 k €
+104.4% YoY

What does K2Engineering do?

K2Engineering is a Private limited company incorporated in 2014. Its registered office is in Genk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0566.974.304
Incorporation
30/10/2014
Legal form
Private limited company
Registered office
Armand Maclotlaan 33
3600 Genk · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin34,3 k €16 k €-32,7 k €2,4 k €17,3 k €14,8 k €25,2 k €11,2 k €25,3 k €28,6 k €34,2 k €
EBITDA33,4 k €15,2 k €-33,5 k €1,7 k €16,8 k €14,2 k €24,6 k €10,8 k €24,9 k €28,5 k €34,2 k €
Operating result30,6 k €8,6 k €-41,5 k €-3,8 k €13,6 k €11,9 k €23,4 k €8,8 k €23,3 k €26,7 k €33,3 k €
Net result29,9 k €8,4 k €-41,5 k €-4,3 k €10,7 k €9,6 k €17,8 k €6,4 k €16,2 k €18,9 k €25,8 k €
Balance sheet
Equity58,5 k €28,6 k €20,2 k €61,6 k €116 k €105,2 k €95,7 k €77,8 k €65,2 k €49,1 k €30,2 k €
Total assets88,1 k €64,1 k €55,8 k €114,7 k €122,1 k €111,6 k €97,3 k €87,1 k €76 k €64,5 k €49,5 k €
Cash42,3 k €4,8 k €15,7 k €62,1 k €65,4 k €60,6 k €64,3 k €35,3 k €36,9 k €30,7 k €15,6 k €
Debts29,6 k €35,5 k €35,6 k €53 k €6,1 k €6,2 k €1,7 k €9,2 k €10,8 k €14,9 k €19,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

KARL KELLENS

Director · since 29 octobre 2014

Active

Ended mandates

KARL KELLENS

Manager · since 29 octobre 2014

Ended
KARL KELLENS

Director

Ended
KARL KELLENS

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
0785.963.482
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202627/06/202518/07/202410/07/202323/07/202225/06/2021
General meeting13/05/202627/06/202528/06/202430/06/202324/06/202211/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202513/05/202609/06/2026DutchPDF
Micro model31/12/202427/06/202527/06/2025DutchPDF
Micro model31/12/202328/06/202418/07/2024DutchPDF
Micro model31/12/202230/06/202310/07/2023DutchPDF
Micro model31/12/202124/06/202223/07/2022DutchPDF
Micro model31/12/202011/06/202125/06/2021DutchPDF
Micro model31/12/201912/06/202026/06/2020DutchPDF
Micro model31/12/201830/06/201930/07/2019DutchPDF
Micro model31/12/201729/06/201818/07/2018DutchPDF
Micro model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201510/06/201630/06/2016DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

KARL KELLENS

Director · since 29 octobre 2014

Active

Ended mandates

KARL KELLENS

Manager · since 29 octobre 2014

Ended
KARL KELLENS

Director

Ended
KARL KELLENS

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates23/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/11/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202529,9 k €
  2. 2024
    Annual accounts 20248,4 k €
  3. 2023
    Annual accounts 2023-41,5 k €
  4. 2022
    Annual accounts 2022-4,3 k €
  5. 2022
    Name changeK2Engineering
  6. 2021
    Annual accounts 202110,7 k €
  7. 2021
    Name changeK2 ENGINEERING
  8. 2020
    Annual accounts 20209,6 k €
  9. 2019
    Annual accounts 201917,8 k €
  10. 2018
    Annual accounts 20186,4 k €
  11. 2017
    Annual accounts 201716,2 k €
  12. 2016
    Annual accounts 201618,9 k €
  13. 2015
    Annual accounts 201525,8 k €
  14. 30/10/2014
    IncorporationPrivate limited company