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KINE-O

Active
Private limited companyfounded 20197 years activeDendermondebaan 42, 9240 Zele, BelgiumKBO/BCE: BE 0726.487.933
Summary

KINE-O has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178,112 and a net result of €38,945. Equity is growing by ~62.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 20,374 sector peers (NACE 86, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Physiotherapy
NACE 86951
#4 company by total assets in Zele, Health and social work sector1 site
Size
€1.3mtotal assets 2025
Equity
€178,112
Profit
€38,945
Turnover not published (abridged schema)
Financial health
91 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Accounts 12 days early0 of 3 deeds read
Why 91- Equity €178,112 (14.1% of total assets)- Liquidity: current ratio 0.27, cash €50,125, halved+ Sector Human health activities (NACE 86)+ Size: total assets €1.3mShow the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 29% of its sector peers (NACE 86, micro)
Financial strength · tick = 2024
Average
Solvency 39-3
equity 14.1% of total assets
Liquidity 43=
short-term debt 29.6% · cash 4.0%
Profitability 73-4
return on assets 3.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (23,979 companies)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit up to €16,000 at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.41 in 2024; short-term debt: 29.6% and cash: 4% of total assets), and 85.9% of the assets are financed with debt.
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 (NACE 86, micro): better than 17% on solvency, 11% on liquidity, 16% on profitability and 70% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector Human health activities (NACE 86)
KBO
lowers risk · Size: total assets €1.3m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €178,112 (14.1% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.27, cash €50,125, halved
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 20374 sector peers (2025).
NBB · sector comparison
Position among 20374 sector peers
Solvency
better than 16%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 01-04-2025 was due by 01-11-2025 and was filed on 20-10-2025, 12 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
12 days early
2024
25 days early
2023
1 day early
2022
22 days late
2021
10 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 01-04-2026 and is due by 01-11-2026. Nothing is late today. Usually files around 22 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-04-2026 close07-10-2026 today01-11-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Equity above €150,000Eq €178,112 ▲28%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 17% on solvencysector median 63.3% · 20,374 companies 14.1% View
  • Total assets 20255 fiscal years filed €1.3m View
  • Active since 2019founded 07-05-2019 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.3m
Profit
€38,945
Solvency
14.1%
Total assets▲ 52.2%
Net result
20212025
Go to Financials

Timeline

Events
9
Since
2021
Next accounts
by 01-11-2026
  1. 01-04-2024Equity above €100,000
  2. 31-10-2023Annual accounts filed
  3. 01-04-2023Highest result since 2021
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
PhysiotherapyNACE 86951
Founded
07-05-2019
Year ends
01-04
Peppol
Reachable for e-invoices
Go to Company details

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