Financials
Financial year 2025
K2TOG from Sint-Pieters-Woluwe, company number BE0777858044, closed financial year 2025 with a result of € 16,779 after tax. For that financial year K2TOG recorded a gross margin of € 33,757 and equity of € 63,111. Compared with financial year 2024, the result moved from € 14,713 to € 16,779. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 63,111
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 16,779
▲ 14% vs 2024
Profit after tax over the fiscal year.
€ 37,942
▲ 169% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 43,111.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,787
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,723
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 624
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,625
▲ 243% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,837 | € 35,596 | € 31,468 | € 33,757 | ▲ 7% |
| Profit after taxes | € -9,048 | € 20,667 | € 14,713 | € 16,779 | ▲ 14% |
| Equity | € 10,952 | € 31,619 | € 46,332 | € 63,111 | ▲ 36% |
| Total debts | € 120,181 | € 120,556 | € 76,184 | € 70,513 | ▼ 7% |
| Cash | € 10,296 | € 16,553 | € 14,122 | € 37,942 | ▲ 169% |
| Retained profit | € -9,048 | € 11,619 | € 26,332 | € 43,111 | ▲ 64% |
| Bank debt | € 41,283 | € 31,358 | € 21,174 | € 10,723 | ▼ 49% |
| Balance sheet total | € 131,133 | € 152,175 | € 122,516 | € 133,624 | ▲ 9% |
Key figures of K2TOG, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to K2TOG?
What happened at K2TOG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 16,779 (▲ 14% vs 2024). Source: NBB ↗
- Michaël Niego became a director. NBB
- New establishment in Sint-Pieters-Woluwe. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,048 loss in 2022 to € 16,779 profit in 2025.
Paid € 11,640 in corporate taxes since 2022.
Best year ever: 2023, with € 20,667 profit.
A new publication or filing at K2TOG? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind K2TOG is Michaël Niego. Michaël Niego is also behind NIEGO CAPITAL.
Directors
According to the 2025 annual accounts
since 2024
Establishments
Establishment units
Physical locations of this company
Uilenstraat 49
1150 Sint-Pieters-Woluwe
Blockmansstraat 10
1150 Sint-Pieters-Woluwe
Active since 1 December 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0777.858.044
- VAT number
- BE 0777.858.044
- Registered office
- Uilenstraat 49, 1150 Sint-Pieters-Woluwe
- Names & denominations
- K2TOG · Sip & Knit
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2021
- Peppol
- Active · Active since 1 Jan 2026
- Contact
- [email protected] 028806677
- Activities · NACE
Detailhandel in breigarens, handwerken en fournituren