Skip to content

KINE +

Active
Private limited companyfounded 200521 yrs activeGroenenborgerlaan 220-222, 2610 Antwerpen, BelgiumKBO/BCE: BE 0875.402.333

KINE + has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €-6k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 51% of 16414 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
52 / 100
Fair▼ -41 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.41 against 6.23 in 2024), and 35.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
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 2025
Solvency, return and age of the figures
Solvency
64.5%
Return on assets
-4.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
16 d early
2021
32 d early
2020
34 d early
2019
16 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€85k▼ 6.3%
2024 · €90k
2018: €4k 2019: €10k 2020: €26k 2021: €37k 2022: €36k 2023: €68k 2024: €90k
2018 → 2025
Total assets
€131k▲ 3.2%
2024 · €127k
2018: €65k 2019: €57k 2020: €68k 2021: €88k 2022: €93k 2023: €117k 2024: €127k
2018 → 2025
Net result
€-6k
2024 · €22k
2018: €-12k 2019: €6k 2020: €16k 2021: €11k 2022: €-1k 2023: €32k 2024: €22k
2018 → 2025
Working capital
€85k▼ 12.0%
2024 · €96k
2018: €12k 2019: €24k 2020: €29k 2021: €43k 2022: €46k 2023: €76k 2024: €96k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€37k-€36k▼ 3.1%€68k▲ 88.5%€90k▲ 32.1%€85k▼ 6.3%
Operating result€16k-€-703€42k€29k▼ 31.2%€-5k
Net result€11k-€-1k€32k€22k▼ 31.5%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €16k€16kNet result 2021: €11k€11kOperating result 2022: €-703€-703Net result 2022: €-1k€-1kOperating result 2023: €42k€42kNet result 2023: €32k€32kOperating result 2024: €29k€29kNet result 2024: €22k€22kOperating result 2025: €-5k€-5kNet result 2025: €-6k€-6k20212022202320242025
The operating result turns negative in 2025: a loss of €5k after €29k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets €22k▲ 75.5%
Current assets €110k▼ 4.5%
Equity and liabilities €131k
Equity €85k▼ 6.3%
Debt €47k▲ 26.9%
The debt ratio rises from 28.9% to 35.5%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2k
2024 · €35k
Cash flow
€921
2024 · €28k
Solvency
64.5%
2024 · 71.1%
Current ratio
4.41
2024 · 6.23
Quick ratio
4.41
2024 · 6.23
Debt / equity
0.55
2024 · 0.41
ROE
-6.8%
2024 · 24.3%
ROA
-4.4%
2024 · 17.3%
Interest coverage
1.33
2024 · 25.90
Debt
€47k
2024 · €37k
Debt ≤ 1 year
€25k
2024 · €18k
Staff costs
€12k
2024 · €13k
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€127k€131k
Fixed assets21/28€12k€22k
Tangible fixed assets22/27€12k€22k
Land and buildings22-€13k
Plant, machinery and equipment23€12k€8k
Furniture and vehicles24€651€1k
Financial fixed assets28€100€100=
Current assets29/58€115k€110k
Amounts receivable within one year40/41€5k€30k
Trade receivables40-€21k
Other amounts receivable41€5k€9k
Cash at bank and in hand54/58€109k€80k
Deferred charges and accrued income490/1€82€7
Equity and liabilities
Total equity and liabilities10/49€127k€131k
Equity10/15€90k€85k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€70k€64k
Amounts payable17/49€37k€47k
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€18k€25k
Current portion of amounts payable after more than one year42€5k€2k
Trade debts44€687€1k
Suppliers440/4€687€1k
Taxes, remuneration and social security45€4k€866
Taxes450/3€3k-
Remuneration and social security454/9€886€866
Other amounts payable47/48€8k€21k
Accrued charges and deferred income492/3€16k€22k
Income statement Code20242025
Remuneration, social security and pensions62€13k€12k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€1k-
Gross operating margin9900€49k€15k
Operating profit (loss)9901€29k€-5k
Financial income75/76B€254€459
Recurring financial income75€254€459
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€28k€-6k
Income taxes67/77€6k-
Profit (loss) for the period9904€22k€-6k
Profit (loss) for the period to be appropriated9905€22k€-6k
Appropriation of the result
Profit (loss) to be appropriated9906€70k€64k
Profit (loss) brought forward from the previous period14P€48k€70k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Back to profitnet €32k
Net result €32k after one loss-making year.
14-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
27-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
14-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
30-09
Financial Liquidity quadruplescurrent ratio 5.64
Current ratio from 1.53 to 5.64; short-term debt falls from €22k to €5k.
03-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
NBB filing Annual accounts filed
fiscal year 2016 · 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, Antwerpen · 1 establishment unit since 2005
establishment The establishment unit on the map
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.

Groenenborgerlaan 220-2222610 Antwerpen
Ground area
517 m²
Building footprint
260 m²
Volume, LiDAR
4,522 m³
Parcel 11051B0361/00Y003, Flanders · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Groenenborgerlaan 220-222, 2610 Antwerpen
Human health activities
since 20052.302.330.335
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11051B0361/00Y003 Flanders 517 m² 1 · 260 m² 20.6 m · 6 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

Of 12,688 companies in sector 86951 we hold annual accounts for 2,135. 1,886 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-08-2005
Fiscal year end30-09
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
Sources
Crossroads Bank for EnterprisesNational Bank · 20 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.