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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 20,558 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Physiotherapy
NACE 86951
1 site
Size
€209,416total assets 2025
Equity
€5,182
Profit
€1,015
Turnover not published (micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 43 days early
Why 85raises riskFounded in 2025Equity €5,182 (2.5% of total assets)lowers riskSector: Education (NACE 85)Size: total assets €209,416Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 35% of its sector peers (NACE 85, micro)
Financial strength
Average
Solvency 27
equity 2.5% of total assets
Liquidity 59
short-term debt 0.9% · cash 7.5%
Profitability 69
return on assets 0.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,809 companies, NACE 85, micro)
Last 24 months 02-2026: 0.4% 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.3 percentage points vs 09-2026lowest value
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 85, micro): better than 17% on solvency, 47% on liquidity and 40% on profitability.

The bankruptcy probability was computed on 22-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €209,416
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €5,182 (2.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 20558 sector peers (2025).
NBB · sector comparison
Position among 20558 sector peers
Solvency
better than 7%
← weakest strongest →
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 18-06-2026, 43 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
43 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Jolette 12, Bus B 3798 'S…Shareholding · Registered-office move
  2. Annual accounts filedfinancial year 2025 · micro…
  3. IncorporationAppointment: SNOECK Camille Germaine Marcelle…

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 497,473 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 12,611 active companies whose main activity is physiotherapy (NACE 86951), figures are known for 2,245. 1,178 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.

Directors

Directors
1 director, no change since 2025
SNOECK Camille Germaine Marcelle Marie
Director (not named in the articles) · since 20-01-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2025, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
SNOECK Camille Germaine Marcelle Marie
  • Director (not named in the articles), from 20-01-2025 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 14-07-2026 ↗
  • Camille SNOECK 500 shares
At incorporation act of 20-01-2025 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 20-01-2025 Incorporation · €5,000 · 500 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

CS Kiné was incorporated on 16 January 2025 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Sint-Martens-Voeren in 2026.3 Since 2025, SNOECK Camille Germaine Marcelle Marie has served as director of the company.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-01-2025
  3. 3Belgian Official Gazette, 14-07-2026

Acts, filings and financial milestones

2026
14-07
Gazette deed Jolette 12, Bus B 3798 'S Gravenvoeren
Shareholding · Registered-office move3 facts ▸
  • Shareholding, 13-05-2026, 500
  • General meeting, 13-05-2026
  • Registered-office move, Berg 16, te 3790 Sint-Martens-Voeren
18-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
20-01
Gazette deed Incorporation
Appointment: SNOECK Camille Germaine Marcelle Marie (director) · Permanent representative: SNOECK Camille Germaine Marcelle Marie · Founder13 facts ▸
  • Incorporation, 15-01-2025
  • Founder, SNOECK Camille Germaine Marcelle Marie
  • Other provision, 07-01-2025
  • Declaration, “responsabilité des fondateurs en cas de faillite dans les trois ans de la constitution si capitaux propres de départ manifestement insuffisants pour mener l’act…” (deed in Dutch)
  • Founding capital, €5,000
  • Capital contribution
  • Capital
  • Registered office clause, “3798 Fourons (Fouron-le-Comte),Jolette 12 B, dépôt au greffe d'une expédition de l'acte constitutif” (deed in Dutch)
  • Board rule, 1, “assemblée” (deed in Dutch)
  • Director appointment, SNOECK Camille Germaine Marcelle Marie (director (not named in the articles))
  • Permanent representative, SNOECK Camille Germaine Marcelle Marie
  • Pre-incorporation commitments, “takeover, tous engagements et obligations en résultant,et toutes activités entreprises par comparant au nom et pour compte de société en formation” (deed in Dutch)
  • +1 further fact in this act
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded16-01-2025
Financial year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
85510Sports and recreation education
E-invoicing
Reachable via Peppol
Peppol ID 0208:1018815744
Also 9925:BE1018815744
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 22 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Voeren · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
565 m²
Parcel 73078A0444/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
Berg 16, 3790 Voeren
Physiotherapy
since 2025unit no. 2.369.299.630
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
73078A0444/00M000 Flanders 565 m² - -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
CS Kiné
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Organe d’administration, Région wallonne” (deed in Dutch)

deed of 20-01-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Assemblée qui nomme, nommés avec ou sans limitation de durée” (deed in Dutch)
“Indépendamment des frais de représentation, voyages et déplacements, assemblée générale” (deed in Dutch)

deed of 20-01-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Libre de céder tout ou partie librement” (deed in Dutch)

deed of 20-01-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Wednesday of June

deed of 20-01-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“En tout temps par décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Pour quelque cause et à quelque moment que ce soit, administrateurs en fonction désignés comme liquidateurs en vertu des statuts si aucun…” (deed in Dutch)

deed of 20-01-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Apport en numéraire avec émission de nouvelles actions – droit de préférence, organe qui procède à l’émission” (deed in Dutch)
Other provision: “Organe fixe attributions et rémunérations éventuelles, administrateur-délégué pour membres” (deed in Dutch)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in Dutch)
Other provision: “Admission à l’assemblée générale, être admis et pour actionnaires exercer droit de vote” (deed in Dutch)
Other provision: “Séances-procès-verbaux, procès-verbaux consignés dans registre tenu au siège” (deed in Dutch)
Other provision: “Chaque action donne droit à une voix,sous réserve actions sans droit de vote, délibérations-assemblée générale” (deed in Dutch)
Other provision: “Seconde assemblée même ordre du jour statue définitivement, prorogation-assemblée générale” (deed in Dutch)
Other provision: “Répartition-réserves, chaque action confère droit égal dans répartition des bénéfices” (deed in Dutch)
Other provision: “Acompte sur dividende, paiement à époque et endroits désignés par l'administrateur” (deed in Dutch)
Other provision: “Répartition de l'actif net, après apurement dettes,charges,frais ou consignation montants nécessaires” (deed in Dutch)
Other provision: “Communications,sommations,assignations,significations valablement faites, élection de domicile” (deed in Dutch)
Other provision: “Compétence judiciaire, entre société,actionnaires,administrateurs,commissaires,liquidateurs relatifs affaires société et exécution statuts” (deed in Dutch)
Other provision: “Droit commun, clauses contraires aux dispositions impératives censées non écrites” (deed in Dutch)
1 more provision in the deed, see the deed of 20-01-2025

deed of 20-01-2025