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Kine Munte

Active
Private limited companyfounded 2024active for 1 yearTorrekensstraat 45, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 1017.921.661
Summary

Kine Munte has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,199 and a net result of €9,699. The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
“Praktijk van algemene kinesitherapie,sportkinesitherapie,revalidatietraining,trainingsbegeleiding,osteopathie,dry needling; de vennootschap kan alle handelingen stellen die rechtstreeks of…” (deed in Dutch)
From the articles, 6 activitiesNo NACE code in the KBO yet1 site
Size
≈ €200,000turnover 2025, estimated
Equity
€12,199
Profit
€9,699
Turnover estimated from the gross margin
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
2025 accounts 21 days early
Why 66raises riskFounded in 2024No main activity registeredlowers riskLiquidity: current ratio 1.79, cash €24,478Size: total assets €68,318Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 58% of its sector peers (no NACE code, micro)
Financial strength
Strong
Solvency 43
equity 17.9% of total assets
Liquidity 85
short-term debt 25.5% · cash 35.8%
Profitability 86
return on assets 14.2%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 2.4% 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.5%▲ +0.1 percentage points vs 02-2026 04-2026: 2.9%▲ +0.4 percentage points vs 03-2026 05-2026: 3.1%▲ +0.2 percentage points vs 04-2026 06-2026: 3.4%▲ +0.3 percentage points vs 05-2026highest value 07-2026: 3.4%● unchanged vs 06-2026highest value 08-2026: 1.2%▼ -2.2 percentage points vs 07-2026 09-2026: 1.2%● unchanged vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.79, above the usual 1.5; short-term debt: 25.5% and cash: 35.8% of total assets), but 82.1% of the assets are financed with debt and provisions.
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 27% on solvency, 77% on liquidity and 69% on profitability.

The bankruptcy probability was computed on 28-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.79, cash €24,478
NBB · annual accounts
lowers risk · Size: total assets €68,318
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · No main activity registered
KBO
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 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
21 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: DE SCHAMPHELAERE Sofie (director)…

Financials · financial year 2025, micro format

Turnover
≈ €200,000
Estimated: probably between €130,000 and €350,000
Total assets
€68,318
Net result
€9,699
Working capital
€13,688

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €67,219
Fixed assets €36,112
Current assets €31,107
Equity and liabilities €68,318
Equity €12,199
Provisions €38,700
Debt €17,419
Debt finances 25.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€27,360
Cash flow
€14,944
Current ratio
1.79
Debt to equity
1.43
ROE
79.5%
ROA
14.2%
Interest coverage
over 100
Debt ≤ 1 year
€17,419
Income taxes
€12,330

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,390 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€68,318
Formation expenses20€1,099
Fixed assets21/28€36,112
Tangible fixed assets22/27€36,112
Land and buildings22€8,686
Plant, machinery and equipment23€13,317
Furniture and vehicles24€14,109
Current assets29/58€31,107
Amounts receivable within one year40/41€5,670
Other amounts receivable41€5,670
Cash at bank and in hand54/58€24,478
Deferred charges and accrued income490/1€959
Equity and liabilities
Total equity and liabilities10/49€68,318
Equity10/15€12,199
Contributions10/11€2,500
Profit (loss) carried forward14€9,699
Provisions and deferred taxes16€38,700
Provisions for liabilities and charges160/5€38,700
Other liabilities and charges164/5€38,700
Amounts payable17/49€17,419
Amounts payable within one year42/48€17,419
Trade debts44€7,370
Suppliers440/4€7,370
Taxes, remuneration and social security45€7,667
Taxes450/3€5,667
Remuneration and social security454/9€2,000
Other amounts payable47/48€2,381
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,245
Provisions for liabilities and charges: additions (uses and reversals)635/8€38,700
Other operating charges640/8€1,096
Gross operating margin9900€67,156
Operating profit (loss)9901€22,115
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€86
Recurring financial charges65€86
Profit (loss) for the period before taxes9903€22,029
Income taxes67/77€12,330
Profit (loss) for the period9904€9,699
Profit (loss) for the period to be appropriated9905€9,699
Appropriation of the result
Profit (loss) to be appropriated9906€9,699

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,245
Provisions for liabilities and charges: additions (uses and reversals)635/8€38,700
Other operating charges640/8€1,096
Gross operating margin9900€67,156
Operating profit (loss)9901€22,115
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€86
Recurring financial charges65€86
Profit (loss) for the period before taxes9903€22,029
Income taxes67/77€12,330
Profit (loss) for the period9904€9,699
Profit (loss) for the period to be appropriated9905€9,699
Line2025
Assets
Total assets20/58€68,318
Formation expenses20€1,099
Fixed assets21/28€36,112
Tangible fixed assets22/27€36,112
Land and buildings22€8,686
Plant, machinery and equipment23€13,317
Furniture and vehicles24€14,109
Current assets29/58€31,107
Amounts receivable within one year40/41€5,670
Other amounts receivable41€5,670
Cash at bank and in hand54/58€24,478
Deferred charges and accrued income490/1€959
Equity and liabilities
Total equity and liabilities10/49€68,318
Equity10/15€12,199
Contributions10/11€2,500
Profit (loss) carried forward14€9,699
Provisions and deferred taxes16€38,700
Provisions for liabilities and charges160/5€38,700
Other liabilities and charges164/5€38,700
Amounts payable17/49€17,419
Amounts payable within one year42/48€17,419
Trade debts44€7,370
Suppliers440/4€7,370
Taxes, remuneration and social security45€7,667
Taxes450/3€5,667
Remuneration and social security454/9€2,000
Other amounts payable47/48€2,381
Line2025
Profit (loss) for the period9904€9,699
+ Depreciation and write-downs630€5,245
Operating cash flow (approximation)€14,944

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 10-07-2026 2026-00279212

Subsidies and aid

Flemish government

2025 · 1 entry · €93 awarded · €93 paid
Schemes
1 entry · €93 · €93 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
DE SCHAMPHELAERE Sofie
Director (not named in the articles) · since 30-12-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DE SCHAMPHELAERE Sofie
  • Director (not named in the articles), from 30-12-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 30-12-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 30-12-2024 Incorporation · €3,000 · 50 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 24 December 2024, Kine Munte was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 DE SCHAMPHELAERE Sofie has served as director of the company since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-12-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
10-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
30-12
Gazette deed Incorporation
Appointment: DE SCHAMPHELAERE Sofie (director) · Founder · Founding capital7 facts ▸
  • Incorporation, 23-12-2024
  • Founder, DE SCHAMPHELAERE Sofie
  • Founding capital, €3,000
  • Capital
  • Registered office clause, “9820 Merelbeke (Munte),Torrekensstraat 45” (deed in Dutch)
  • Director appointment, DE SCHAMPHELAERE Sofie (director (not named in the articles))
  • Pre-incorporation commitments, “geen overname rechten en verbintenissen uit rechtshandelingen in naam en voor rekening vóór oprichting tot op heden, artikel 2:2 WVV” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded24-12-2024
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017921661
Also 9925:BE1017921661
Registered 18-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Recognitions · licences · registrations

Legal Entity Identifier

984500UB5FA2JQE85657
live in the LEI register

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,228 m²
Building footprint
285 m²
Building volume
1,729 m³
Parcel 44047A1182/00A000, Flanders · tallest building 10.9 m. Linked by address, not a title deed.
1 establishment unit
Kine Munte
Torrekensstraat 45, 9820 Merelbeke-MellePhysiotherapy
since 2024unit no. 2.368.475.130
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44047A1182/00A000 Flanders 1,228 m² 1 · 285 m² 10.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Praktijk van algemene kinesitherapie,sportkinesitherapie,revalidatietraining,trainingsbegeleiding,osteopathie,dry needling; de vennootschap…” (deed in Dutch)
6 activities (deed in Dutch)
  1. Praktijk van algemene kinesitherapie,sportkinesitherapie,revalidatietraining,trainingsbegeleiding,osteopathie,dry needling; de vennootschap kan alle handelingen stellen die rechtstreeks of onrechtstreeks in verband staan met dit voorwerp
  2. Organiseren en geven van groepslessen zoals rugschoolsessies,kleuterturnen,pre- of postnatale begeleiding; deze opsomming is niet beperkend
  3. Alle commerciële verrichtingen in verband met de uitbating van de praktijk
  4. De verkoop en verhuur van kinesitherapeutische apparatuur
  5. De vennootschap mag tevens de functie van bestuurder,vereffenaar of gemandateerde waarnemen evenals elke directiefunctie in ondernemingen
  6. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend en onroerend vermogen zowel in blote eigendom,tijdelijk vruchtgebruik of volle eigendom in het kader van de exploitatie of/en als belegging,de gemelde opsomming is enkel exemplatief en niet limitatief

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Kine Munte
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest” (deed in Dutch)

deed of 30-12-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)

deed of 30-12-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Friday of June at 19:00

deed of 30-12-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Benoeming vereffenaars, bestuursorgaan in functie als college van vereffenaars bij gebrek aan benoeming” (deed in Dutch)

deed of 30-12-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bestuursbevoegdheid, handelingen wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Individueel optreden, dagelijks bestuur” (deed in Dutch)
Other provision: “Schriftelijke volmacht aan ieder persoon aandeelhouder of niet via alle overdrachtsmiddelen, beraadslagingen algemene vergadering” (deed in Dutch)
Other provision: “Bevoegdheden vereffenaars, alle verrichtingen in wet vermeld” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie nodige gelden, netto-actief in geld of effecten naar verhouding aantal aandelen…” (deed in Dutch)
Other provision: “Uitwerking overgangsbepalingen, comparante” (deed in Dutch)
2 more provisions in the deed, see the deed of 30-12-2024

deed of 30-12-2024