The title compound, trans-K2[Co(C2O4)2(H2O)2]·4H2O, was synthesised, and characterised by elemental analysis. Acid dissociation constants for the complex were determined by potentiometric titration and calculated by STOICHIO program. The crystal structure of trans-K2[Co(C2O4)2(H2O)2]·4H2O was determined by X-ray diffraction studies. The asymmetric part of the unit cell contains one symmetric anion of oxalate and water molecule bound with Co(II) ion in crystallographic special position, one potassium cation and two molecules of water. Thermal properties of the complex were examined by thermogravimetric analysis (TGA). A decomposition mechanism is proposed on the basis of the results.