EXO KINE
ActiveEXO KINE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €11k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 19909 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
68
/ 100
Healthy▼ -10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency42▲+1
Growth71=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.96 in 2023), and 77.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.4%
Return on assets
5.5%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 19909 sector peers (2024).
NBB · sector comparisonPosition among 19909 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
9 d late
2022
39 d early
2021
45 d early
2020
86 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€457k▲ 35.0%
2020 · €339k
2019: €400k
2020: €339k
2019 → 2021
EBIT margin
4.5%▲ 7.6pp
2020 · -3.1%
2019: 1.8%
2020: -3.1%
2019 → 2021
Net result
€11k▼ 81.3%
2023 · €60k
2019: €3k
2020: €-14k
2021: €13k
2022: €14k
2023: €60k
2019 → 2024
Working capital
€52k▼ 50.5%
2023 · €105k
2019: €59k
2020: €63k
2021: €84k
2022: €106k
2023: €105k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€339k-€457k▲ 35.0%
Equity€8k-€21k▲ 178%€35k▲ 65.5%€35k=€46k▲ 32.3%
Operating result€-11k-€21k€26k▲ 25.1%€90k▲ 249%€34k▼ 61.9%
Net result€-14k-€13k€14k▲ 2.3%€60k▲ 337%€11k▼ 81.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 62% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €206k
Fixed assets
€44k▼ 23.6%
Current assets
€161k▼ 24.8%
Equity and liabilities €206k
Equity
€46k▲ 32.3%
Debt
€160k▼ 32.9%
The debt ratio falls from 87.3% to 77.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€61k▼
2023 · €117k
Cash flow
€37k▼
2023 · €87k
Solvency
22.4%▲
2023 · 12.7%
Current ratio
1.48▼
2023 · 1.96
Quick ratio
1.48▼
2023 · 1.96
Debt / equity
3.47▼
2023 · 6.84
ROE
24.4%▼
2023 · 173.2%
ROA
5.5%▼
2023 · 22.1%
Interest coverage
7.92▼
2023 · 20.82
Debt
€160k▼
2023 · €238k
Debt ≤ 1 year
€109k▼
2023 · €109k
Debt > 1 year
€15k▼
2023 · €33k
Income taxes
€17k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€273k€206k▼
Fixed assets21/28€58k€44k▼
Intangible fixed assets21€33k€16k▼
Tangible fixed assets22/27€25k€28k▲
Plant, machinery and equipment23€18k€24k▲
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€180€180=
Current assets29/58€215k€161k▼
Amounts receivable within one year40/41€32k€12k▼
Trade receivables40€16-
Other amounts receivable41€32k€12k▼
Cash at bank and in hand54/58€108k€100k▼
Deferred charges and accrued income490/1€75k€50k▼
Equity and liabilities
Total equity and liabilities10/49€273k€206k▼
Equity10/15€35k€46k▲
Contributions10/11€19k€19k=
Reserves13€130€27k▲
Non-distributable reserves130/1€130€130=
Reserves not available under the articles1311€130€130=
Distributable reserves133-€27k
Profit (loss) carried forward14€16k-
Amounts payable17/49€238k€160k▼
Amounts payable after more than one year17€33k€15k▼
Financial debts170/4€33k€15k▼
Amounts payable within one year42/48€109k€109k▼
Current portion of amounts payable after more than one year42€24k€18k▼
Trade debts44€1k€62k▲
Suppliers440/4€1k€62k▲
Taxes, remuneration and social security45€25k€29k▲
Taxes450/3€25k€29k▲
Other amounts payable47/48€60k-
Accrued charges and deferred income492/3€96k€36k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€26k▼
Other operating charges640/8€2k€5k▲
Gross operating margin9900€119k€65k▼
Operating profit (loss)9901€90k€34k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€85k€28k▼
Income taxes67/77€25k€17k▼
Profit (loss) for the period9904€60k€11k▼
Profit (loss) for the period to be appropriated9905€60k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€27k▼
Profit (loss) brought forward from the previous period14P€16k€16k=
Transfer to equity691/2-€27k
To other reserves6921-€27k
Profit to be distributed694/7€60k-
Directors or managers695€60k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Highest result since 2019net €60k ▲337%
Operating result €90k, net result €60k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
31-12
Financial
Weakest financial yearnet €-14k ▼624%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Boussu · 1 establishment unit since 2018
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.
Rue Montenpeine(B) 1007300 BoussuGround area
1,360 m²
Building footprint
230 m²
Volume, LiDAR
1,988 m³
2 parcels, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Place Brouez 9, 7390 Quaregnon
since 20182.284.271.410
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53014B0542/00T000 | Wallonia | 790 m² | 1 · 81 m² | 9.0 m · 3 fl. |
| 53080A0374/00Y000 | Wallonia | 570 m² | 1 · 149 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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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Nana Jacobs
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KINEQUIPE
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CEDRIC BROUX
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Of 12,683 companies in sector 86951 we hold annual accounts for 2,135. 1,944 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.