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K2C

Active
Private limited companyfounded 201412 years activeLivornostraat 125, 1000 Brussel, BelgiumKBO/BCE: BE 0546.548.181
Summary

The computed 12-month bankruptcy probability of K2C is 4.7% (elevated). The 2024 annual accounts show equity of €12,815 and a net result of €311,427. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 1,765 sector peers (NACE 56, fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111Limited-service restaurants, excluding mobile food services NACE 56112
#1 company by staff growth in the Brussels-Capital Region, Food and beverage service sector10 sites
Size
€1.8mtotal assets 2024
Staff
108.5 FTE
Equity
€12,815
Profit
€311,427
Financial health
39 Weak Checked score 2024
Bankruptcy probability, 12 months
4.7%
Structure
Accounts 68 days overdue2 of 7 deeds read
Why 39- Figures for FY 2024 (filed 21-07-2025)- Equity €12,815 (0.7% of total assets)- Sector Food and beverage service activities (NACE 56)- 1 financial year not filed after the legal deadline; 1 of the last 3 lateShow the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 52% of its sector peers (NACE 56, medium-sized)
Financial strength · tick = 2023
Average
Solvency 26+19
equity 0.7% of total assets
Liquidity 25-6
short-term debt 60.9% · cash 5.4%
Profitability 86+85
return on assets 16.9%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (67 companies)
Last 24 months 11-2024: 5.2% 12-2024: 5.2%● unchanged vs 11-2024 01-2025: 5.2%● unchanged vs 12-2024 02-2025: 5.4%▲ +0.2 percentage points vs 01-2025highest value 03-2025: 5.2%▼ -0.2 percentage points vs 02-2025 04-2025: 5.2%● unchanged vs 03-2025 05-2025: 5.1%▼ -0.1 percentage points vs 04-2025 06-2025: 5.1%● unchanged vs 05-2025 07-2025: 5.3%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▼ -3.3 percentage points vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 1.8%▼ -0.2 percentage points vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.7%▼ -0.1 percentage points vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.7%● unchanged vs 05-2026lowest value 07-2026: 1.9%▲ +0.2 percentage points vs 06-2026 08-2026: 2.8%▲ +0.9 percentage points vs 07-2026 09-2026: 3.4%▲ +0.6 percentage points vs 08-2026 10-2026: 4.7%▲ +1.3 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.18 against 0.32 in 2023; short-term debt: 60.9% and cash: 5.4% of total assets), and 99.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, medium-sized): better than 12% on solvency, 18% on liquidity, 91% on profitability and 86% on growth.

The bankruptcy probability was computed on 06-10-2026 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.

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

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Signals

Five signals.
+raises risk○neutral
raises risk · Figures for FY 2024 (filed 21-07-2025)
NBB · annual accounts
raises risk · Equity €12,815 (0.7% of total assets)
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · 1 financial year not filed after the legal deadline; 1 of the last 3 late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not confirmed
2024
13 days early
2023
29 days late
2022
31 days late
2021
26 days late
2020
20 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Statutes amendmentShare issue · Correction ·…
  2. Statutes amendmentCapital increase
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Back in profit in 2024after -€334,965 in 2023 €311,427 View
  • Positive: Company by staff growth in the Brussels-Capital Region…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View

By topic

Financials

Fiscal year
2024
Total assets
€1.8m
Profit
€311,427
Solvency
0.7%
Total assets▼ 10.4%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2017
  1. 31-12-2024Back to profit
  2. 16-10-2024Annual accounts filed
  3. 29-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
10
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
13-02-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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