KINE-E2
ActiveSummary
The computed 12-month bankruptcy probability of KINE-E2 is 2.9% (moderate). The 2025 annual accounts show equity of €101,603 and a net result of €37,565. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-6
Solvency81▲+7
Growth52
Track record82
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.37 against 2.74 in 2024; short-term debt: 22.7% and cash: 42.1% of total assets), and 44.3% 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
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
55.7%
Return on assets
20.6%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 2 filingsDeviation from the deadline
2025
2 d late
2024
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 3 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€101,603▲ 58.7%
2024 · €64,038
Total assets
€182,420▲ 39.9%
2024 · €130,379
Net result
€37,565▼ 37.4%
2024 · €60,038
Working capital
€56,562▼ 12.9%
2024 · €64,908
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
Line20242025
Operating result€82,123-€50,391▼ 38.6%
Net result€60,038-€37,565▼ 37.4%
Equity€64,038-€101,603▲ 58.7%
Total assets€130,379-€182,420▲ 39.9%
Debt€66,341-€80,817▲ 21.8%
Working capital€64,908-€56,562▼ 12.9%
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 2025; 2025 is 39% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €182,420
Fixed assets
€84,504 ▲ 200%
Current assets
€97,916 ▼ 4.2%
Equity and liabilities €182,420
Equity
€101,603 ▲ 58.7%
Debt
€80,817 ▲ 21.8%
Debt's share of the balance-sheet total falls from 50.9% to 44.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67,384▼
2024 · €95,899
Cash flow
€54,558▼
2024 · €73,814
Current ratio
2.37▼
2024 · 2.74
Debt to equity
0.80▼
2024 · 1.04
ROE
37.0%▼
2024 · 93.8%
ROA
20.6%▼
2024 · 46.0%
Interest coverage
15.63▼
2024 · 230.78
Debt ≤ 1 year
€41,354▲
2024 · €37,344
Debt > 1 year
€39,463▲
2024 · €28,997
Income taxes
€11,224▼
2024 · €23,450
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,776 | €16,993 | ▲ 23.4% |
| Other operating charges640/8 | €1,544 | €713 | ▼ 53.8% |
| Gross operating margin9900 | €97,443 | €68,097 | ▼ 30.1% |
| Operating profit (loss)9901 | €82,123 | €50,391 | ▼ 38.6% |
| Financial income75/76B | €1,781 | €2,709 | ▲ 52.1% |
| Recurring financial income75 | €1,781 | €2,709 | ▲ 52.1% |
| Financial charges65/66B | €416 | €4,310 | ▲ 937% |
| Recurring financial charges65 | €416 | €4,310 | ▲ 937% |
| Profit (loss) for the period before taxes9903 | €83,488 | €48,789 | ▼ 41.6% |
| Income taxes67/77 | €23,450 | €11,224 | ▼ 52.1% |
| Profit (loss) for the period9904 | €60,038 | €37,565 | ▼ 37.4% |
| Profit (loss) for the period to be appropriated9905 | €60,038 | €37,565 | ▼ 37.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €130,379 | €182,420 | ▲ 39.9% |
| Fixed assets21/28 | €28,127 | €84,504 | ▲ 200% |
| Intangible fixed assets21 | - | €32,099 | - |
| Tangible fixed assets22/27 | €28,127 | €52,405 | ▲ 86.3% |
| Plant, machinery and equipment23 | €339 | €1,686 | ▲ 397% |
| Furniture and vehicles24 | €27,788 | €15,405 | ▼ 44.6% |
| Other tangible fixed assets26 | - | €35,313 | - |
| Current assets29/58 | €102,252 | €97,916 | ▼ 4.2% |
| Amounts receivable after more than one year29 | - | €3,000 | - |
| Trade receivables290 | - | €3,000 | - |
| Amounts receivable within one year40/41 | €53,846 | €17,770 | ▼ 67.0% |
| Other amounts receivable41 | €53,846 | €17,770 | ▼ 67.0% |
| Cash at bank and in hand54/58 | €48,254 | €76,816 | ▲ 59.2% |
| Deferred charges and accrued income490/1 | €153 | €330 | ▲ 116% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €130,379 | €182,420 | ▲ 39.9% |
| Equity10/15 | €64,038 | €101,603 | ▲ 58.7% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Reserves13 | €60,038 | €60,038 | = |
| Distributable reserves133 | €60,038 | €60,038 | = |
| Profit (loss) carried forward14 | - | €37,565 | - |
| Amounts payable17/49 | €66,341 | €80,817 | ▲ 21.8% |
| Amounts payable after more than one year17 | €28,997 | €39,463 | ▲ 36.1% |
| Financial debts170/4 | €28,997 | €39,463 | ▲ 36.1% |
| Amounts payable within one year42/48 | €37,344 | €41,354 | ▲ 10.7% |
| Current portion of amounts payable after more than one year42 | €8,831 | €24,534 | ▲ 178% |
| Trade debts44 | €3,564 | €3,936 | ▲ 10.5% |
| Suppliers440/4 | €3,564 | €3,936 | ▲ 10.5% |
| Taxes, remuneration and social security45 | €24,949 | €12,883 | ▼ 48.4% |
| Taxes450/3 | €24,949 | €12,883 | ▼ 48.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €60,038 | €37,565 | ▼ 37.4% |
| + Depreciation and write-downs630 | €13,776 | €16,993 | ▲ 23.4% |
| Operating cash flow (approximation) | €73,814 | €54,558 | ▼ 26.1% |
| Investment in fixed assets (approximation) | - | -€73,370 | - |
| Change in cash | - | €28,562 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Equity above €100,000Eq €101,603 ▲58.7%
2 profitable years in a row build equity to €101,603.
23-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Braine-l'Alleud · 1 establishment unit since 2024
Ground area
172 m²
Building footprint
52 m²
Volume, LiDAR
538 m³
Parcel 25743F0338/00_000, Wallonia · tallest building 11.7 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KINE-E2
since 20242.355.643.317
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743F0338/00_000 | Wallonia | 172 m² | 1 · 52 m² | 11.7 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded05-02-2024
Fiscal year end30-06
Scores and ratios are computed by Checked and are not a credit decision.