KILLORA
ActiveSummary
KILLORA has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €29,155 and a net result of €47,396. Equity is growing by about 19% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €29,155
- Profit
- €47,396
- GERITS LutgartDirector
- MAESEELE FrankDirector
Why 89raises riskEquity €29,155 (24.0% of total assets)lowers riskSize: total assets €121,630Liquidity: current ratio 1.27, cash €71,474Figures for financial year 2026 (filed 28-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 30% on solvency, 64% on liquidity, 90% on profitability and 9% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 101 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2026, micro format
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result recovers in 2026; 2026 is 105% above 2025 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 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 6,713 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,316 | €8,960 | €16,200 | €22,763 | €22,870 | €23,480 | €23,693 | €16,797 | ▼ 29.1% |
| Other operating charges640/8 | - | - | - | €745 | €572 | €1,074 | €700 | €516 | ▼ 26.3% |
| Gross operating margin9900 | -€11,867 | €68,678 | €31,108 | €58,448 | €30,304 | €66,947 | €49,164 | €67,975 | ▲ 38.3% |
| Operating profit (loss)9901 | -€18,058 | €59,308 | €14,437 | €34,940 | €6,862 | €42,393 | €24,770 | €50,661 | ▲ 105% |
| Financial income75/76B | - | - | - | €1 | - | €85 | €965 | €325 | ▼ 66.3% |
| Recurring financial income75 | €0 | €0 | €1 | €1 | - | €85 | €965 | €325 | ▼ 66.3% |
| Financial charges65/66B | - | - | - | €1,066 | €966 | €478 | €490 | €342 | ▼ 30.3% |
| Recurring financial charges65 | €256 | €1,081 | €1,208 | €1,066 | €966 | €478 | €490 | €342 | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | -€18,314 | €58,227 | €13,231 | €33,875 | €5,896 | €42,000 | €25,245 | €50,645 | ▲ 101% |
| Income taxes67/77 | - | €7,500 | €6,371 | €10,326 | €3,930 | €5,095 | €13,778 | €3,249 | ▼ 76.4% |
| Profit (loss) for the period9904 | -€18,314 | €50,727 | €6,859 | €23,549 | €1,966 | €36,905 | €11,467 | €47,396 | ▲ 313% |
| Profit (loss) for the period to be appropriated9905 | -€18,314 | €50,727 | €6,859 | €23,549 | €1,966 | €36,905 | €11,467 | €47,396 | ▲ 313% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €111,961 | €155,177 | €191,372 | €189,564 | €174,298 | €189,381 | €176,366 | €121,630 | ▼ 31.0% |
| Fixed assets21/28 | €77,343 | €69,722 | €121,960 | €101,319 | €78,449 | €60,330 | €38,481 | €25,773 | ▼ 33.0% |
| Intangible fixed assets21 | €71,250 | €63,750 | €56,250 | €48,750 | €41,250 | €33,750 | €26,250 | €18,750 | ▼ 28.6% |
| Tangible fixed assets22/27 | €5,997 | €5,876 | €65,614 | €52,473 | €37,103 | €26,484 | €12,135 | €6,927 | ▼ 42.9% |
| Plant, machinery and equipment23 | - | - | - | €3,474 | €1,911 | €3,324 | €2,878 | €3,298 | ▲ 14.6% |
| Furniture and vehicles24 | - | - | - | €47,964 | €34,164 | €22,140 | €8,245 | €2,624 | ▼ 68.2% |
| Other tangible fixed assets26 | - | - | - | €1,035 | €1,028 | €1,020 | €1,013 | €1,005 | ▼ 0.7% |
| Financial fixed assets28 | €96 | €96 | €96 | €96 | €96 | €96 | €96 | €96 | = |
| Current assets29/58 | €34,619 | €85,455 | €69,412 | €88,245 | €95,849 | €129,051 | €137,885 | €95,858 | ▼ 30.5% |
| Stocks and contracts in progress3 | - | €839 | €725 | €510 | €295 | - | - | - | - |
| Stocks30/36 | - | - | - | €510 | €295 | - | - | - | - |
| Amounts receivable within one year40/41 | - | - | €7,500 | - | - | €1,903 | - | €2,536 | - |
| Other amounts receivable41 | - | - | - | - | - | €1,903 | - | €2,536 | - |
| Current investments50/53 | - | - | - | - | - | €60,679 | €8,835 | €17,001 | ▲ 92.4% |
| Cash at bank and in hand54/58 | €32,212 | €59,347 | €57,304 | €78,312 | €91,807 | €51,544 | €122,163 | €71,474 | ▼ 41.5% |
| Deferred charges and accrued income490/1 | - | - | - | €9,423 | €3,748 | €14,924 | €6,887 | €4,847 | ▼ 29.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €111,961 | €155,177 | €191,372 | €189,564 | €174,298 | €189,381 | €176,366 | €121,630 | ▼ 31.0% |
| Equity10/15 | €286 | €51,013 | €57,872 | €81,420 | €83,386 | €120,291 | €56,758 | €29,155 | ▼ 48.6% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€18,314 | €30,553 | €37,412 | €60,960 | €62,926 | €99,831 | €36,298 | €8,695 | ▼ 76.0% |
| Amounts payable17/49 | €111,675 | €104,164 | €133,500 | €108,144 | €90,913 | €69,090 | €119,608 | €92,476 | ▼ 22.7% |
| Amounts payable after more than one year17 | €60,343 | €45,515 | €75,688 | €47,756 | €19,534 | €6,541 | - | - | - |
| Financial debts170/4 | - | - | - | €47,756 | €19,534 | €6,541 | - | - | - |
| Amounts payable within one year42/48 | €25,589 | €30,865 | €31,455 | €29,720 | €33,594 | €19,467 | €81,979 | €75,368 | ▼ 8.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €27,932 | €28,222 | €12,993 | €6,541 | - | - |
| Trade debts44 | €489 | €1,879 | €649 | €63 | €4,265 | €1,474 | €214 | €368 | ▲ 71.5% |
| Suppliers440/4 | - | - | - | €63 | €4,265 | €1,474 | €214 | €368 | ▲ 71.5% |
| Taxes, remuneration and social security45 | - | - | - | €250 | €250 | €5,000 | - | - | - |
| Taxes450/3 | - | - | - | - | - | €4,000 | - | - | - |
| Remuneration and social security454/9 | - | - | - | €250 | €250 | €1,000 | - | - | - |
| Other amounts payable47/48 | - | - | - | €1,474 | €857 | - | €75,223 | €75,000 | ▼ 0.3% |
| Accrued charges and deferred income492/3 | - | - | - | €30,668 | €37,785 | €43,083 | €37,630 | €17,108 | ▼ 54.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,314 | €50,727 | €6,859 | €23,549 | €1,966 | €36,905 | €11,467 | €47,396 | ▲ 313% |
| + Depreciation and write-downs630 | €5,316 | €8,960 | €16,200 | €22,763 | €22,870 | €23,480 | €23,693 | €16,797 | ▼ 29.1% |
| Operating cash flow (approximation) | -€12,998 | €59,687 | €23,059 | €46,311 | €24,836 | €60,385 | €35,160 | €64,193 | ▲ 82.6% |
| Investment in fixed assets (approximation) | - | -€1,340 | -€68,438 | -€2,122 | €0 | -€5,361 | -€1,844 | -€4,088 | ▼ 122% |
| Change in cash | - | €27,135 | -€2,042 | €21,008 | €13,495 | -€40,262 | €70,619 | -€50,689 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 28-07-2026 | 2026-00339842 |
| 31-03-2025 | micro format | 31-07-2025 | 2025-00340957 |
| 31-03-2024 | micro format | 22-07-2024 | 2024-00268567 |
| 31-03-2023 | micro format | 02-08-2023 | 2023-00305596 |
| 31-03-2022 | micro format | 19-07-2022 | 2022-20215764 |
| 31-03-2021 | micro format | 15-07-2021 | 2021-35300215 |
| 31-03-2020 | micro format | 07-07-2020 | 2020-29200396 |
| 31-03-2019 | micro format | 04-07-2019 | 2019-30600111 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GERITS Lutgart |
|
| MAESEELE Frank |
|
Owners and capital
Capital and shareholders
- 03-11-2023 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
03-11
Gazette deed
Resignations: MAESEELE Frank (manager) and GERITS Lutgart (manager)Reappointments: MAESEELE Frank (director) and GERITS Lutgart (director) · Amendment of the articles · Capital conversion14 facts ▸
- General meeting, 03-10-2023
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Director resignation, MAESEELE Frank (manager)
- Director resignation, GERITS Lutgart (manager)
- Director reappointment, MAESEELE Frank (director (not named in the articles))
- Director reappointment, GERITS Lutgart (director (not named in the articles))
- Director discharge, MAESEELE Frank
- Director discharge, GERITS Lutgart
- Registered office clause, “3530 Houthalen-Helchteren, Binnenvaartstraat 46” (deed in Dutch)
- +2 further facts in this act
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 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
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72452E0972/00D000 | Flanders | 1,235 m² | 1 · 209 m² | 7.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De uitbating, de organisatie en de uitoefening van het beroep van kinesist, evenals alles wat er rechtstreeks of onrechtstreeks mee verband…” (deed in Dutch)
17 activities (deed in Dutch)
- De uitbating, de organisatie en de uitoefening van het beroep van kinesist, evenals alles wat er rechtstreeks of onrechtstreeks mee verband houdt
- De uitoefening van elektrotherapie, manuele therapie, osteopathie, krachttraining, conditietraining, revalidatie door beweging, heilgymnastiek, mobilisatietechnieken, massage, sportmassage, ultraviolette stralen, lasertherapie, diathermie (warmteapplicatie en kortegolftherapie), stretching, taping, sport en medische oefentherapie en trainingstherapie, sportbegeleiding, sportrevalidatie, recuperatietraining, lichtbaden, aanwenden van damp, ijs, paraffine, fango of parafango, mineraal of medicamenteus bad, concommitterende manipulaties, voorbereiding tot bevalling zonder vrees, postnatale gymnastiek, mechanotherapie, psychomotoriek, relaxatie, oosterse technieken, dryneedling, lichaamsverzorging en alle aanverwante werkzaamheden die verenigbaar zijn met dit beroep
- De uitbating, de organisatie en de uitoefening van het beroep van kinesist voor dieren, evenals alles wat er rechtstreeks of onrechtstreeks mee verband houdt
- Alle handelingen en prestaties welke rechtstreeks of onrechtstreeks verband houden met de kinesitherapie en massage, evenals de aan en verkoop, de groot- en kleinhandel, de in- en uitvoer van producten, toestellen en artikelen welke betrekking hebben op kinesitherapie en massage en van schoonheidsproducten
- Het vervaardigen of laten vervaardigen en het vervoeren van alle voormelde producten, materialen en materieel
- Het verlenen van advies inzake voormelde activiteiten
- Lesgeven inzake voormelde activiteiten
- Het uitoefenen van alle soorten handelingen welke te maken hebben met cosmetica
- Samenwerking met alle beoefenaars van medische en paramedische beroepen
- Het inrichten van algemene diensten en een medisch secretariaat in het bijzonder die nuttig of nodig zijn voor de uitoefening van voormelde activiteiten
- De aankoop, het huren en/of leasen van alle medische apparatuur en begeleidende accommodaties, inclusief gebouwen, kortom de volledige materiële infrastructuur om de activiteit uit te oefenen
- Het uitoefenen van mandaten van bestuurder of vereffenaar in andere ondernemingen. Zij mag bij wijze van inbreng, fusie, splitsing, inschrijving, deelneming, financiële tussenkomst of op een andere wijze, een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven, in België of het buitenland, waarvan het voorwerp identiek, gelijkaardig of verwant is met het hare, of van aard is de uitoefening van haar voorwerp te bevorderen.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden zekerheden stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
- De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten, zelfs indien zij niet rechtstreeks in verband staan met de bovenstaande voorwerp omschrijvingen, zoals ondermeer de terbeschikkingstelling van roerende en onroerende goederen aan haar zaakvoerders, bij wijze van bezoldiging in natura
- Zij mag alle roerende en onroerende goederen als investering verwerven, zelfs als deze noch rechtstreeks noch onrechtstreeks verband houden met het voorwerp van de vennootschap
- De activiteiten welke voorafgaand een vergunning en/of erkenning nodig hebben, zullen slechts worden uitgeoefend voor zover die vergunningen en erkenningen behaald worden
- De vennootschap zal binnen het kader van haar bedrijvigheid kunnen optreden, hetzij alleen, hetzij met derden
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- KILLORA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, algemene vergadering bepaalt aantal, duur en bij meerdere bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Ieder aandeel gelijk recht in winstverdeling en vereffeningsaldo” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 1 July at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)