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CS Kiné

Active
Private limited companyfounded 2025active for 1 yearBerg 16, 3790 Voeren, BelgiumKBO/BCE: BE 1018.815.744
Summary

CS Kiné has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,182 and a net result of €1,015. Its solvency ranks better than 7% of 20,358 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€5,182
Total assets
€209,416
Net result
€1,015
Working capital
€19,784

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €209,416
Fixed assets €187,840
Current assets €21,576
Equity and liabilities €209,416
Equity €5,182
Debt €204,233
Debt finances 97.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€25,233
Cash flow
€22,975
Current ratio
12.04
Debt to equity
39.41
ROE
19.6%
ROA
0.5%
Interest coverage
36.41
Debt ≤ 1 year
€1,791
Debt > 1 year
€202,442
Income taxes
€1,565

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96.9% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
96.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€209,416
Fixed assets21/28€187,840
Intangible fixed assets21€180,000
Tangible fixed assets22/27€7,840
Plant, machinery and equipment23€5,200
Furniture and vehicles24€2,640
Current assets29/58€21,576
Amounts receivable within one year40/41€935
Other amounts receivable41€935
Cash at bank and in hand54/58€15,641
Deferred charges and accrued income490/1€5,000
Equity and liabilities
Total equity and liabilities10/49€209,416
Equity10/15€5,182
Contributions10/11€5,000
Profit (loss) carried forward14€182
Amounts payable17/49€204,233
Amounts payable after more than one year17€202,442
Other amounts payable178/9€202,442
Amounts payable within one year42/48€1,791
Trade debts44€495
Suppliers440/4€495
Taxes, remuneration and social security45€713
Taxes450/3€713
Remuneration and social security454/9€0
Other amounts payable47/48€583
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,960
Other operating charges640/8€272
Gross operating margin9900€25,505
Operating profit (loss)9901€3,273
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€693
Recurring financial charges65€693
Profit (loss) for the period before taxes9903€2,580
Income taxes67/77€1,565
Profit (loss) for the period9904€1,015
Profit (loss) for the period to be appropriated9905€1,015
Appropriation of the result
Profit (loss) to be appropriated9906€1,015
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,960
Other operating charges640/8€272
Gross operating margin9900€25,505
Operating profit (loss)9901€3,273
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€693
Recurring financial charges65€693
Profit (loss) for the period before taxes9903€2,580
Income taxes67/77€1,565
Profit (loss) for the period9904€1,015
Profit (loss) for the period to be appropriated9905€1,015
Line2025
Assets
Total assets20/58€209,416
Fixed assets21/28€187,840
Intangible fixed assets21€180,000
Tangible fixed assets22/27€7,840
Plant, machinery and equipment23€5,200
Furniture and vehicles24€2,640
Current assets29/58€21,576
Amounts receivable within one year40/41€935
Other amounts receivable41€935
Cash at bank and in hand54/58€15,641
Deferred charges and accrued income490/1€5,000
Equity and liabilities
Total equity and liabilities10/49€209,416
Equity10/15€5,182
Contributions10/11€5,000
Profit (loss) carried forward14€182
Amounts payable17/49€204,233
Amounts payable after more than one year17€202,442
Other amounts payable178/9€202,442
Amounts payable within one year42/48€1,791
Trade debts44€495
Suppliers440/4€495
Taxes, remuneration and social security45€713
Taxes450/3€713
Remuneration and social security454/9€0
Other amounts payable47/48€583
Line2025
Profit (loss) for the period9904€1,015
+ Depreciation and write-downs630€21,960
Operating cash flow (approximation)€22,975

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 18-06-2026 2026-00173192

Similar companies · same sector, comparable size

Of the 12,589 active companies whose main activity is physiotherapy (NACE 86951), figures are known for 2,240. 1,172 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.