Kassa2
ActiveSummary
Kassa2 has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142k and a net result of €-13k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 84% of 1648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability9▼-65
Solvency100▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 7.82 against 2.39 in 2024; short-term debt: 8.9% and cash: 34.3% of total assets), and 16.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 05-06-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
3 d early
2023
8 d late
2022
28 d late
2021
31 d late
2020
17 d late
2019
75 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€142k▼ 8.4%
2024 · €155k
2019: €64k
2020: €63k▼ -2.3% vs 2019lowest in 7 years
2021: €109k▲ +74.1% vs 2020
2022: €92k▼ -15.3% vs 2021
2023: €147k▲ +60.0% vs 2022
2024: €155k▲ +5.2% vs 2023highest in 7 years
2025: €142k▼ -8.4% vs 2024
2019 → 2025
Total assets
€171k▼ 30.1%
2024 · €244k
2019: €175k
2020: €187k▲ +6.9% vs 2019
2021: €176k▼ -5.8% vs 2020
2022: €162k▼ -8.2% vs 2021lowest in 7 years
2023: €257k▲ +58.7% vs 2022highest in 7 years
2024: €244k▼ -5.0% vs 2023
2025: €171k▼ -30.1% vs 2024
2019 → 2025
Net result
€-13k
2024 · €10k
2019: €-24klowest in 7 years
2020: €-1k▲ +93.9% vs 2019
2021: €46k▲ +3305% vs 2020
2022: €-17k▼ -136% vs 2021
2023: €55k▲ +431% vs 2022highest in 7 years
2024: €10k▼ -81.5% vs 2023
2025: €-13k▼ -227% vs 2024
2019 → 2025
Working capital
€104k▼ 3.8%
2024 · €108k
2019: €42k
2020: €38k▼ -9.3% vs 2019lowest in 7 years
2021: €89k▲ +133% vs 2020
2022: €40k▼ -54.8% vs 2021
2023: €92k▲ +131% vs 2022
2024: €108k▲ +17.0% vs 2023highest in 7 years
2025: €104k▼ -3.8% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€92k▼ 15.3%€147k▲ 60.0%€155k▲ 5.2%€142k▼ 8.4%
2021: €109k
2022: €92k▼ -15.3% vs 2021lowest in 5 years
2023: €147k▲ +60.0% vs 2022
2024: €155k▲ +5.2% vs 2023highest in 5 years
2025: €142k▼ -8.4% vs 2024
Operating result€47k-€-6k€80k€19k▼ 76.3%€-12k
2021: €47k
2022: €-6k▼ -113% vs 2021
2023: €80k▲ +1436% vs 2022highest in 5 years
2024: €19k▼ -76.3% vs 2023
2025: €-12k▼ -164% vs 2024lowest in 5 years
Net result€46k-€-17k€55k€10k▼ 81.5%€-13k
2021: €46k
2022: €-17k▼ -136% vs 2021lowest in 5 years
2023: €55k▲ +431% vs 2022highest in 5 years
2024: €10k▼ -81.5% vs 2023
2025: €-13k▼ -227% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €19k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171k
Fixed assets
€51k ▼ 11.6%
Current assets
€119k ▼ 35.9%
Equity and liabilities €171k
Equity
€142k ▼ 8.4%
Debt
€28k ▼ 68.1%
Debt's share of the balance-sheet total falls from 36.4% to 16.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▼
2024 · €27k
Cash flow
€-3k▼
2024 · €18k
Current ratio
7.82▲
2024 · 2.39
Debt to equity
0.20▼
2024 · 0.57
ROE
-9.1%▼
2024 · 6.6%
ROA
-7.6%▼
2024 · 4.2%
Interest coverage
-4.79▼
2024 · 8.12
Debt ≤ 1 year
€15k▼
2024 · €78k
Income taxes
€596▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€244k€171k▼
Fixed assets21/28€58k€51k▼
Intangible fixed assets21-€3k
Tangible fixed assets22/27€58k€48k▼
Land and buildings22€33k€31k▼
Furniture and vehicles24€10k€4k▼
Other tangible fixed assets26€16k€13k▼
Current assets29/58€186k€119k▼
Amounts receivable within one year40/41€108k€59k▼
Trade receivables40€107k€55k▼
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€53k€59k▲
Deferred charges and accrued income490/1€26k€2k▼
Equity and liabilities
Total equity and liabilities10/49€244k€171k▼
Equity10/15€155k€142k▼
Contributions10/11€19k€19k=
Reserves13€137k€124k▼
Distributable reserves133€137k€124k▼
Amounts payable17/49€89k€28k▼
Amounts payable within one year42/48€78k€15k▼
Financial debts43€268€434▲
Credit institutions430/8€268€434▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€35k€5k▼
Taxes450/3€35k€5k▼
Other amounts payable47/48€41k€8k▼
Accrued charges and deferred income492/3€11k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€379€496▲
Gross operating margin9900€28k€-1k▼
Operating profit (loss)9901€19k€-12k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€3k€333▼
Recurring financial charges65€3k€333▼
Profit (loss) for the period before taxes9903€16k€-12k▼
Income taxes67/77€5k€596▼
Profit (loss) for the period9904€10k€-13k▼
Profit (loss) for the period to be appropriated9905€10k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-13k▼
Transfer from equity791/2€3k€13k▲
Transfer to equity691/2€10k-
To other reserves6921€10k-
Profit to be distributed694/7€3k-
Return on contributions (dividend)694€3k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €7k | €8k | €10k | ▲ 27.1% |
| Other operating charges640/8 | €561 | €727 | €23k | €379 | €496 | ▲ 30.6% |
| Non-recurring operating charges66A | - | - | €4k | - | - | - |
| Gross operating margin9900 | €51k | €-765 | €114k | €28k | €-1k | ▼ 104% |
| Operating profit (loss)9901 | €47k | €-6k | €80k | €19k | €-12k | ▼ 164% |
| Financial income75/76B | - | €0 | €11 | - | €1 | - |
| Recurring financial income75 | - | €0 | €11 | - | €1 | - |
| Financial charges65/66B | €224 | €207 | €3k | €3k | €333 | ▼ 90.1% |
| Recurring financial charges65 | €224 | €207 | €3k | €3k | €333 | ▼ 90.1% |
| Profit (loss) for the period before taxes9903 | €46k | €-6k | €77k | €16k | €-12k | ▼ 180% |
| Income taxes67/77 | - | €10k | €22k | €5k | €596 | ▼ 88.8% |
| Profit (loss) for the period9904 | €46k | €-17k | €55k | €10k | €-13k | ▼ 227% |
| Profit (loss) for the period to be appropriated9905 | €46k | €-17k | €55k | €10k | €-13k | ▼ 227% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €176k | €162k | €257k | €244k | €171k | ▼ 30.1% |
| Fixed assets21/28 | €24k | €56k | €58k | €58k | €51k | ▼ 11.6% |
| Intangible fixed assets21 | - | - | - | - | €3k | - |
| Tangible fixed assets22/27 | €23k | €55k | €58k | €58k | €48k | ▼ 16.9% |
| Land and buildings22 | - | €36k | €34k | €33k | €31k | ▼ 4.5% |
| Plant, machinery and equipment23 | - | - | €1k | - | - | - |
| Furniture and vehicles24 | €2k | €1k | €4k | €10k | €4k | ▼ 59.4% |
| Other tangible fixed assets26 | €21k | €18k | €18k | €16k | €13k | ▼ 16.1% |
| Financial fixed assets28 | €1k | €1k | - | - | - | - |
| Current assets29/58 | €152k | €106k | €199k | €186k | €119k | ▼ 35.9% |
| Stocks and contracts in progress3 | €15k | €17k | €10k | - | - | - |
| Stocks30/36 | €15k | €17k | €10k | - | - | - |
| Amounts receivable within one year40/41 | €108k | €5k | €33k | €108k | €59k | ▼ 45.3% |
| Trade receivables40 | €106k | €2k | €30k | €107k | €55k | ▼ 48.6% |
| Other amounts receivable41 | €2k | €2k | €2k | €1k | €4k | ▲ 273% |
| Cash at bank and in hand54/58 | €29k | €84k | €133k | €53k | €59k | ▲ 11.4% |
| Deferred charges and accrued income490/1 | - | - | €24k | €26k | €2k | ▼ 93.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €176k | €162k | €257k | €244k | €171k | ▼ 30.1% |
| Equity10/15 | €109k | €92k | €147k | €155k | €142k | ▼ 8.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Reserves13 | €38k | €38k | €129k | €137k | €124k | ▼ 9.5% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €36k | €36k | €129k | €137k | €124k | ▼ 9.5% |
| Profit (loss) carried forward14 | €53k | €36k | - | - | - | - |
| Amounts payable17/49 | €68k | €70k | €109k | €89k | €28k | ▼ 68.1% |
| Amounts payable within one year42/48 | €64k | €66k | €107k | €78k | €15k | ▼ 80.4% |
| Financial debts43 | - | - | - | €268 | €434 | ▲ 62.0% |
| Credit institutions430/8 | - | - | - | €268 | €434 | ▲ 62.0% |
| Trade debts44 | €6k | €19k | €19k | €2k | €2k | ▲ 5.1% |
| Suppliers440/4 | €6k | €19k | €19k | €2k | €2k | ▲ 5.1% |
| Taxes, remuneration and social security45 | €15k | €4k | €38k | €35k | €5k | ▼ 84.6% |
| Taxes450/3 | €14k | €394 | €38k | €35k | €5k | ▼ 84.6% |
| Remuneration and social security454/9 | €1k | €3k | - | - | - | - |
| Other amounts payable47/48 | €43k | €43k | €50k | €41k | €8k | ▼ 81.6% |
| Accrued charges and deferred income492/3 | €4k | €4k | €2k | €11k | €13k | ▲ 19.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46k | €-17k | €55k | €10k | €-13k | ▼ 227% |
| + Depreciation and write-downs630 | €4k | €4k | €7k | €8k | €10k | ▲ 27.1% |
| Operating cash flow (approximation) | €50k | €-12k | €62k | €18k | €-3k | ▼ 114% |
| Investment in fixed assets (approximation) | - | €-36k | €-8k | €-9k | €-4k | ▲ 57.3% |
| Change in cash | - | €55k | €48k | €-80k | €6k | ▲ 107% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity triplescurrent ratio 7.82
Current ratio from 2.39 to 7.82; short-term debt falls from €78k to €15k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €150kEq €155k ▲5.2%
2 profitable years in a row build equity to €155k.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
31-12
Financial
Back to profitnet €55k
Net result €55k after one loss-making year.
31-12
Financial
Equity above €100kEq €147k ▲60%
Equity rises from €92k to €147k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €46k
Net result €46k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €109k ▲74.1%
Equity rises from €63k to €109k.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
Show earlier events
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2012
Ground area
305 m²
Building footprint
267 m²
Volume, LiDAR
4,184 m³
Parcel 11807G0157/00A012, Flanders · tallest building 22.3 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Kassa 2
since 20122.213.112.606
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0157/00A012 | Flanders | 305 m² | 1 · 267 m² | 22.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 5,473 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
59114Motion picture, video and television programme production, sound recording and music publishing activities
59120Post-production of films, video and television programmes
90393Specialised image, lighting and sound technical services
Scores and ratios are computed by Checked and are not a credit decision.