ACTIVE

K2@WORK

Financial year 2025 · closed on 31/12/2025
Net result
62,8 k €
-10.2% YoY
Gross margin
109 k €
-2.4% YoY
Equity
181,4 k €
-28.2% YoY

What does K2@WORK do?

K2@WORK is a Private limited company incorporated in 2017. Its main activity is: Construction of buildings. Its registered office is in Sint-Truiden.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0670.529.623
Incorporation
30/01/2017
Legal form
Private limited company
Registered office
Abtenstraat 9
3800 Sint-Truiden · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin109 k €111,6 k €78,9 k €75,4 k €90,3 k €70,7 k €73,9 k €112,9 k €
EBITDA108,9 k €111,6 k €78,8 k €74,8 k €90,1 k €70,2 k €73,2 k €110,8 k €
Operating result86,5 k €89,3 k €56,8 k €56 k €74,7 k €59,2 k €62,4 k €89,8 k €
Net result62,8 k €70 k €40,6 k €39,8 k €52,7 k €41,5 k €34,9 k €62,7 k €
Balance sheet
Equity181,4 k €252,7 k €217,7 k €237,9 k €198,1 k €145,4 k €103,8 k €68,9 k €
Total assets368,7 k €304,7 k €314,5 k €312,3 k €290,5 k €174,8 k €162,6 k €113,4 k €
Cash48,6 k €34,6 k €90 k €125,9 k €142,6 k €92,4 k €100,8 k €70,9 k €
Debts187,2 k €52 k €96,7 k €74,3 k €92,4 k €29,4 k €58,7 k €44,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Katrien Kempeneers

Mandate

Active

Ended mandates

Katrien Kempeneers

Director

Ended
Katrien Kempeneers

Manager

Ended
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 date06/08/202618/08/202523/05/202427/07/202301/07/202206/05/2021
General meeting30/06/202630/06/202507/05/202430/06/202303/05/202204/05/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202606/08/2026DutchPDF
Micro model31/12/202430/06/202518/08/2025DutchPDF
Micro model31/12/202307/05/202423/05/2024DutchPDF
Micro model31/12/202230/06/202327/07/2023DutchPDF
Micro model31/12/202103/05/202201/07/2022DutchPDF
Micro model31/12/202004/05/202106/05/2021DutchPDF
Micro model31/12/201901/05/202020/01/2021DutchPDF
Micro model31/12/201809/05/201907/06/2019DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 2 ended

Active mandates

Katrien Kempeneers

Mandate

Active

Ended mandates

Katrien Kempeneers

Director

Ended
Katrien Kempeneers

Manager

Ended
Shareholders

Ownership and network

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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 202562,8 k €
  2. 2024
    Annual accounts 202470 k €
  3. 2023
    Annual accounts 202340,6 k €
  4. 2022
    Annual accounts 202239,8 k €
  5. 2021
    Annual accounts 202152,7 k €
  6. 2020
    Annual accounts 202041,5 k €
  7. 2019
    Annual accounts 201934,9 k €
  8. 2018
    Annual accounts 201862,7 k €
  9. 30/01/2017
    IncorporationPrivate limited company