KALINAFLOOR
ActiveKALINAFLOOR has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €113k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+25
Solvency36▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.74 in 2024; short-term debt: 61.7% and cash: 3.9% of total assets), and 88.6% 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
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.4%
Return on assets
4.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7993 sector peers (2025).
NBB · sector comparisonPosition among 7993 sector peers
Solvency
better than 18%
← 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 07-07-2026, 24 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
24 d early
2024
15 d early
2023
9 d early
2022
22 d early
2021
26 d late
2020
44 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€282k▲ 67.1%
2024 · €169k
2020: €102k
2021: €161k
2022: €222k
2023: €240k
2024: €169k
2020 → 2025
Total assets
€2.47M▲ 21.5%
2024 · €2.04M
2020: €1.75M
2021: €3.16M
2022: €3.00M
2023: €2.31M
2024: €2.04M
2020 → 2025
Net result
€113k
2024 · €-71k
2020: €2k
2021: €59k
2022: €61k
2023: €18k
2024: €-71k
2020 → 2025
Working capital
€759k▼ 8.0%
2024 · €825k
2020: €29k
2021: €496k
2022: €1.03M
2023: €898k
2024: €825k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€161k-€222k▲ 38.0%€240k▲ 8.3%€169k▼ 29.8%€282k▲ 67.1%
Operating result€2k-€142k▲ 6,439%€263k▲ 85.1%€17k▼ 93.5%€277k▲ 1,526%
Net result€59k-€61k▲ 4.4%€18k▼ 70.0%€-71k€113k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,526% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.47M
Fixed assets
€188k▲ 83.7%
Current assets
€2.28M▲ 18.2%
Equity and liabilities €2.47M
Equity
€282k▲ 67.1%
Debt
€2.19M▲ 17.4%
The debt ratio falls from 91.7% to 88.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€328k▲
2024 · €47k
Cash flow
€164k▲
2024 · €-41k
Solvency
11.4%▲
2024 · 8.3%
Current ratio
1.50▼
2024 · 1.74
Quick ratio
0.37▲
2024 · 0.32
Debt / equity
7.77▼
2024 · 11.06
ROE
40.2%▲
2024 · -42.4%
ROA
4.6%▲
2024 · -3.5%
Interest coverage
2.22▲
2024 · 0.42
Debt
€2.19M▲
2024 · €1.87M
Debt ≤ 1 year
€1.53M▲
2024 · €1.11M
Debt > 1 year
€654k▼
2024 · €745k
Income taxes
€42k▲
2024 · €2k
Staff costs
€763k▲
2024 · €723k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.04M€2.47M▲
Fixed assets21/28€102k€188k▲
Intangible fixed assets21€50k€83k▲
Tangible fixed assets22/27€52k€104k▲
Plant, machinery and equipment23€268€0▼
Furniture and vehicles24€7k€10k▲
Leasing and similar rights25€45k€94k▲
Financial fixed assets28€180€180=
Current assets29/58€1.93M€2.28M▲
Stocks and contracts in progress3€1.58M€1.72M▲
Stocks30/36€1.58M€1.72M▲
Amounts receivable within one year40/41€151k€468k▲
Trade receivables40€126k€467k▲
Other amounts receivable41€25k€2k▼
Cash at bank and in hand54/58€199k€98k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€2.04M€2.47M▲
Equity10/15€169k€282k▲
Contributions10/11€100k€100k=
Profit (loss) carried forward14€69k€182k▲
Amounts payable17/49€1.87M€2.19M▲
Amounts payable after more than one year17€745k€654k▼
Financial debts170/4€745k€654k▼
Amounts payable within one year42/48€1.11M€1.53M▲
Current portion of amounts payable after more than one year42€74k€95k▲
Financial debts43€450k€450k=
Credit institutions430/8€450k€450k=
Trade debts44€496k€846k▲
Suppliers440/4€496k€846k▲
Taxes, remuneration and social security45€87k€135k▲
Taxes450/3€14k€47k▲
Remuneration and social security454/9€74k€87k▲
Other amounts payable47/48€16€0▼
Accrued charges and deferred income492/3€14k€11k▼
Income statement
Code20242025
Non-recurring operating income76A-€14k
Remuneration, social security and pensions62€723k€763k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€51k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€13k€38k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€4k€5k▲
Gross operating margin9900€788k€1.13M▲
Operating profit (loss)9901€17k€277k▲
Financial income75/76B€26k€25k▼
Recurring financial income75€26k€25k▼
Financial charges65/66B€113k€148k▲
Recurring financial charges65€113k€148k▲
Profit (loss) for the period before taxes9903€-70k€155k▲
Income taxes67/77€2k€42k▲
Profit (loss) for the period9904€-71k€113k▲
Profit (loss) for the period to be appropriated9905€-71k€113k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€182k▲
Profit (loss) brought forward from the previous period14P€140k€69k▼
Social balance
Average headcount (FTE)90875.04.9▼
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €113k
Net result €113k after one loss-making year.
31-12
Financial
Equity above €200kEq €282k ▲67.1%
Equity rises from €169k to €282k.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-71k ▼490%
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €222k ▲38%
3 profitable years in a row build equity to €222k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Equity above €150kEq €161k ▲57.3%
2 profitable years in a row build equity to €161k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
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, Avelgem · 1 establishment unit since 2019
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.
Kortrijkstraat 298580 AvelgemGround area
4,494 m²
Building footprint
30 m²
Volume, LiDAR
435 m³
Parcel 34003A1113/00L000, Flanders · tallest building 15.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kalinafloor
since 20192.297.900.702
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A1113/00L000 | Flanders | 4,494 m² | 1 · 30 m² | 15.7 m · 5 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 647 EUR awarded · 647 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 647 EUR | 647 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
894500U1YGP31TQSTU27
Similar companies · same sector, comparable size
VERKU
BE 0475.724.919
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SOBELRI
BE 0765.712.456
Frasnes-lez-Anvaing · Eq €284k
Val & Me
BE 0835.063.201
Jalhay · Eq €279k
KENNIS D. MEUBLES
BE 0457.062.020
Couvin · Eq €279k
COCOON INTERIOR
BE 0828.782.054
Herenthout · Eq €278k
Of 1,745 companies in sector 46150 we hold annual accounts for 757. 504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-12-2019
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
46833Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.