INKITHO
ActiveSummary
The annual accounts of INKITHO for fiscal year 2025 show a net loss of 58% of the equity at the start of that year. The 2025 annual accounts show equity of €21k and a net result of €-30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 2344 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability2▼-53
Solvency35▼-9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.41 against 1.76 in 2024; short-term debt: 32.7% and cash: 1.5% of total assets), and 90.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six 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
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
9.8%
Return on assets
-13.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-30k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2344 sector peers (2025).
NBB · sector comparisonPosition among 2344 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
22 d late
2022
30 d late
2021
30 d late
2020
131 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€21k▼ 58.2%
2024 · €51k
Total assets
€217k▼ 17.0%
2024 · €262k
Net result
€-30k▼ 1,404%
2024 · €-2k
Working capital
€29k▼ 48.8%
2024 · €57k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13k€53k▲ 293%€42k▼ 20.9%€2k▼ 94.8%€-26k
Net result€9k€49k▲ 459%€26k▼ 46.0%€-2k€-30k▼ 1,404%
Equity€-20k▲ 30.1%€28k€53k▲ 86.7%€51k▼ 3.7%€21k▼ 58.2%
Total assets€235k▲ 3.0%€259k▲ 10.1%€273k▲ 5.3%€262k▼ 4.0%€217k▼ 17.0%
Debt€256k▼ 0.8%€231k▼ 9.7%€220k▼ 4.7%€211k▼ 4.1%€196k▼ 7.1%
Working capital€-2k▲ 91.9%€45k€61k▲ 35.6%€57k▼ 7.3%€29k▼ 48.8%
Staff (FTE)0.11.1▲ 1,000%2▲ 81.8%2.8▲ 40.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €26k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€117k ▼ 10.5%
Current assets
€100k ▼ 23.6%
Equity and liabilities €217k
Equity
€21k ▼ 58.2%
Debt
€196k ▼ 7.1%
Debt's share of the balance-sheet total rises from 80.5% to 90.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-12k▼
2024 · €16k
Cash flow
€-15k▼
2024 · €12k
Current ratio
1.41▼
2024 · 1.76
Debt to equity
9.19▲
2024 · 4.14
ROE
-139.2%▼
2024 · -3.9%
ROA
-13.7%▼
2024 · -0.8%
Interest coverage
-3.88▼
2024 · 4.47
Debt ≤ 1 year
€71k▼
2024 · €74k
Debt > 1 year
€117k▼
2024 · €131k
Income taxes
€139▼
2024 · €729
Staff costs
€117k▲
2024 · €85k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1k | €48k | €85k | €117k | ▲ 38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €13k | €13k | €14k | €14k | ▲ 1.7% |
| Other operating charges640/8 | €2k | €2k | €3k | €3k | €3k | ▼ 14.0% |
| Gross operating margin9900 | €28k | €69k | €106k | €104k | €108k | ▲ 3.3% |
| Operating profit (loss)9901 | €13k | €53k | €42k | €2k | €-26k | ▼ 1,326% |
| Financial income75/76B | €69 | - | €1k | €210 | €3 | ▼ 98.6% |
| Recurring financial income75 | €69 | - | €1k | €210 | €3 | ▼ 98.6% |
| Financial charges65/66B | €5k | €4k | €4k | €4k | €3k | ▼ 12.9% |
| Recurring financial charges65 | €5k | €4k | €4k | €4k | €3k | ▼ 12.9% |
| Profit (loss) for the period before taxes9903 | €9k | €49k | €39k | €-1k | €-30k | ▼ 2,273% |
| Income taxes67/77 | €-192 | - | €13k | €729 | €139 | ▼ 81.0% |
| Profit (loss) for the period9904 | €9k | €49k | €26k | €-2k | €-30k | ▼ 1,404% |
| Profit (loss) for the period to be appropriated9905 | €9k | €49k | €26k | €-2k | €-30k | ▼ 1,404% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €235k | €259k | €273k | €262k | €217k | ▼ 17.0% |
| Fixed assets21/28 | €165k | €151k | €143k | €131k | €117k | ▼ 10.5% |
| Tangible fixed assets22/27 | €164k | €151k | €143k | €131k | €117k | ▼ 10.5% |
| Land and buildings22 | €163k | €150k | €138k | €126k | €113k | ▼ 9.9% |
| Plant, machinery and equipment23 | - | - | €5k | €4k | €3k | ▼ 26.1% |
| Furniture and vehicles24 | €141 | €47 | - | €1k | €1k | ▼ 15.1% |
| Other tangible fixed assets26 | €1k | €817 | €417 | €217 | €17 | ▼ 92.3% |
| Financial fixed assets28 | €363 | €363 | €363 | €363 | €363 | = |
| Current assets29/58 | €71k | €108k | €130k | €131k | €100k | ▼ 23.6% |
| Amounts receivable within one year40/41 | €67k | €101k | €119k | €121k | €94k | ▼ 22.0% |
| Trade receivables40 | €54k | €88k | €93k | €74k | €50k | ▼ 31.8% |
| Other amounts receivable41 | €13k | €12k | €26k | €47k | €44k | ▼ 6.6% |
| Cash at bank and in hand54/58 | €4k | €5k | €9k | €8k | €3k | ▼ 57.6% |
| Deferred charges and accrued income490/1 | €103 | €2k | €2k | €3k | €3k | ▲ 1.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €235k | €259k | €273k | €262k | €217k | ▼ 17.0% |
| Equity10/15 | €-20k | €28k | €53k | €51k | €21k | ▼ 58.2% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €1k | €1k | €28k | €28k | €28k | = |
| Non-distributable reserves130/1 | €189 | €189 | - | - | - | - |
| Reserves not available under the articles1311 | €189 | €189 | - | - | - | - |
| Distributable reserves133 | €1k | €1k | €28k | €28k | €28k | = |
| Profit (loss) carried forward14 | €-34k | €15k | €13k | €11k | €-19k | ▼ 268% |
| Amounts payable17/49 | €256k | €231k | €220k | €211k | €196k | ▼ 7.1% |
| Amounts payable after more than one year17 | €172k | €159k | €145k | €131k | €117k | ▼ 10.9% |
| Financial debts170/4 | €172k | €159k | €145k | €131k | €117k | ▼ 10.9% |
| Amounts payable within one year42/48 | €73k | €63k | €69k | €74k | €71k | ▼ 4.4% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €14k | €14k | €14k | ▲ 2.5% |
| Trade debts44 | €8k | €12k | €6k | €16k | €18k | ▲ 13.7% |
| Suppliers440/4 | €8k | €12k | €6k | €16k | €18k | ▲ 13.7% |
| Taxes, remuneration and social security45 | - | €3k | €20k | €21k | €13k | ▼ 35.7% |
| Taxes450/3 | - | €2k | €14k | €12k | €1k | ▼ 88.5% |
| Remuneration and social security454/9 | - | €1k | €5k | €9k | €12k | ▲ 37.0% |
| Other amounts payable47/48 | €52k | €35k | €29k | €24k | €26k | ▲ 7.0% |
| Accrued charges and deferred income492/3 | €10k | €10k | €6k | €6k | €8k | ▲ 46.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €49k | €26k | €-2k | €-30k | ▼ 1,404% |
| + Depreciation and write-downs630 | €13k | €13k | €13k | €14k | €14k | ▲ 1.7% |
| Operating cash flow (approximation) | €22k | €62k | €39k | €12k | €-15k | ▼ 229% |
| Investment in fixed assets (approximation) | - | €0 | €-5k | €-2k | €-499 | ▲ 70.3% |
| Change in cash | - | €1k | €4k | €-2k | €-4k | ▼ 151% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2019net €49k ▲459%
Operating result €53k, net result €49k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 131 days late
2020
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Zonhoven · 1 establishment unit since 2018
Ground area
772 m²
Building footprint
246 m²
Volume, LiDAR
2,668 m³
Parcel 71443F0030/00R000, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
INKITHO
since 20182.283.492.737
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443F0030/00R000 | Flanders | 772 m² | 1 · 246 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 4,220 EUR awarded · 4,220 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,170 EUR | 2,170 EUR |
| 2024 | 1 | 500 EUR | 500 EUR |
| 2023 | 1 | 1,550 EUR | 1,550 EUR |
Schemes
Subsidies jeugdhulp
Similar companies · same sector, comparable size
KineCorde
BE 1016.161.112
Kortenaken · Eq €21,325
KINESITHERAPIE VALÉRIE ARBYN
BE 0847.601.638
Bornem · Eq €21,324
AMBER HERREMANS
BE 1012.691.579
Beringen · Eq €21,357
Laurens Van Dyck
BE 1002.720.969
Antwerpen · Eq €21,276
HD PHYSIO
BE 1000.075.443
Antwerpen · Eq €21,391
Of 12,696 companies in sector 86951 we hold annual accounts for 2,142. 1,865 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-12-2018
Fiscal year end31-12
Trade name NL
PRAKTIJK COCOON
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
86951Physiotherapy
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
E-mail
info@praktijkcocoon.beZonhoven
Phone
0474/28.11.50Zonhoven
Scores and ratios are computed by Checked and are not a credit decision.