EDWIN GEENS KINE
ActiveSummary
EDWIN GEENS KINE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €174k and a net result of €40k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 19908 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
98
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 8.52 against 9.04 in 2023; short-term debt: 11.2% and cash: 71.9% of total assets), and 13.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
30 d late
2022
14 d late
2021
23 d early
2020
33 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€174k▲ 24.1%
2023 · €140k
2018: €81k
2019: €80k
2020: €95k
2021: €98k
2022: €118k
2023: €140k
2018 → 2024
Total assets
€200k▲ 22.3%
2023 · €164k
2018: €126k
2019: €114k
2020: €126k
2021: €109k
2022: €140k
2023: €164k
2018 → 2024
Net result
€40k▲ 46.3%
2023 · €28k
2018: €6k
2019: €3k
2020: €18k
2021: €8k
2022: €21k
2023: €28k
2018 → 2024
Working capital
€169k▲ 25.2%
2023 · €135k
2018: €52k
2019: €68k
2020: €88k
2021: €95k
2022: €114k
2023: €135k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€98k▲ 3.4%€118k▲ 20.3%€140k▲ 18.4%€174k▲ 24.1%
Operating result€26k-€11k▼ 56.2%€29k▲ 156%€38k▲ 33.2%€57k▲ 48.9%
Net result€18k-€8k▼ 57.9%€21k▲ 169%€28k▲ 32.5%€40k▲ 46.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 49% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €200k
Fixed assets
€9k ▼ 27.8%
Current assets
€192k ▲ 26.2%
Equity and liabilities €200k
Equity
€174k ▲ 24.1%
Debt
€26k ▲ 11.3%
Debt's share of the balance-sheet total falls from 14.5% to 13.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€60k▲
2023 · €42k
Cash flow
€43k▲
2023 · €31k
Current ratio
8.52▼
2023 · 9.04
Debt to equity
0.15▼
2023 · 0.17
ROE
23.2%▲
2023 · 19.7%
ROA
20.1%▲
2023 · 16.8%
Interest coverage
98.70▲
2023 · 56.13
Debt ≤ 1 year
€23k▲
2023 · €17k
Debt > 1 year
€4k▼
2023 · €7k
Income taxes
€17k▲
2023 · €11k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€164k€200k▲
Fixed assets21/28€12k€9k▼
Tangible fixed assets22/27€12k€9k▼
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€2k€688▼
Current assets29/58€152k€192k▲
Amounts receivable after more than one year29€28k€27k▼
Other amounts receivable291€28k€27k▼
Amounts receivable within one year40/41€15k€16k▲
Trade receivables40€9k€2k▼
Other amounts receivable41€6k€14k▲
Cash at bank and in hand54/58€100k€144k▲
Deferred charges and accrued income490/1€9k€5k▼
Equity and liabilities
Total equity and liabilities10/49€164k€200k▲
Equity10/15€140k€174k▲
Contributions10/11€19k€19k=
Reserves13€122k€155k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€120k€154k▲
Amounts payable17/49€24k€26k▲
Amounts payable after more than one year17€7k€4k▼
Financial debts170/4€7k€4k▼
Amounts payable within one year42/48€17k€23k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€12k€18k▲
Taxes450/3€12k€18k▲
Other amounts payable47/48€833€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€43k€65k▲
Operating profit (loss)9901€38k€57k▲
Financial income75/76B€1k€879▼
Recurring financial income75€1k€879▼
Financial charges65/66B€745€605▼
Recurring financial charges65€745€605▼
Profit (loss) for the period before taxes9903€39k€57k▲
Income taxes67/77€11k€17k▲
Profit (loss) for the period9904€28k€40k▲
Profit (loss) for the period to be appropriated9905€28k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€40k▲
Transfer from equity791/2€6k€6k▼
Transfer to equity691/2€28k€40k▲
To other reserves6921€28k€40k▲
Profit to be distributed694/7€6k€7k▲
Return on contributions (dividend)694€6k€7k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Highest result since 2018net €40k ▲46.3%
Operating result €57k, net result €40k, both a record.
31-12
Financial
Equity above €150kEq €174k ▲24.1%
7 profitable years in a row build equity to €174k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-12
Financial
Equity above €100kEq €118k ▲20.3%
5 profitable years in a row build equity to €118k.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €3k ▼42.6%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aartselaar · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eglantierlaan 232630 AartselaarGround area
345 m²
Building footprint
119 m²
Volume, LiDAR
753 m³
Parcel 11372D0256/00A000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EDWIN GEENS KINE
since 20092.184.549.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372D0256/00A000 | Flanders | 345 m² | 1 · 119 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ALTER LOGOPEDICA
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Libramont-Chevigny · Eq €174,401
THERIK
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Of 12,686 companies in sector 86951 we hold annual accounts for 2,142. 1,677 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.