KINE-ULTRA
ActiveKINE-ULTRA has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €623k and a net result of €69k. Equity is shrinking by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-4
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 9.47 against 8.1 in 2024; short-term debt: 9.5% and cash: 83.4% of total assets), and 9.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 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
90.1%
Return on assets
10%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
15 d early
2023
29 d late
2022
30 d late
2021
31 d late
2020
26 d early
2019
86 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€69k▼ 15.3%
2024 · €81k
2018: €30k
2019: €34k
2020: €33k
2021: €39k
2022: €31k
2023: €38k
2024: €81k
2018 → 2025
Working capital
€556k▲ 18.6%
2024 · €469k
2018: €379k
2019: €604k
2020: €651k
2021: €703k
2022: €319k
2023: €368k
2024: €469k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€793k-€434k▼ 45.2%€473k▲ 8.8%€554k▲ 17.2%€623k▲ 12.4%
Operating result€55k-€45k▼ 18.8%€53k▲ 19.2%€119k▲ 124%€101k▼ 15.2%
Net result€39k-€31k▼ 20.8%€38k▲ 22.9%€81k▲ 112%€69k▼ 15.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €691k
Fixed assets
€70k▼ 20.9%
Current assets
€622k▲ 16.3%
Equity and liabilities €691k
Equity
€623k▲ 12.4%
Debt
€68k▼ 0.6%
The debt ratio falls from 11.0% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€111k▼
2024 · €129k
Cash flow
€78k▼
2024 · €91k
Solvency
90.1%▲
2024 · 89.0%
Current ratio
9.47▲
2024 · 8.10
Quick ratio
9.47▲
2024 · 8.10
Debt / equity
0.11▼
2024 · 0.12
ROE
11.1%▼
2024 · 14.7%
ROA
10.0%▼
2024 · 13.1%
Interest coverage
28.73▼
2024 · 30.48
Debt
€68k▼
2024 · €69k
Debt ≤ 1 year
€66k▼
2024 · €66k
Income taxes
€32k▼
2024 · €38k
Staff costs
€15k▲
2024 · €14k
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€623k€691k▲
Fixed assets21/28€88k€70k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€27k€19k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€21k€13k▼
Financial fixed assets28€61k€50k▼
Current assets29/58€535k€622k▲
Amounts receivable within one year40/41€17k€18k▲
Trade receivables40€14k€11k▼
Other amounts receivable41€3k€6k▲
Current investments50/53€96k€26k▼
Cash at bank and in hand54/58€421k€577k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€623k€691k▲
Equity10/15€554k€623k▲
Contributions10/11€19k€19k=
Reserves13€525k€594k▲
Distributable reserves133€525k€594k▲
Profit (loss) carried forward14€10k€10k=
Amounts payable17/49€69k€68k▼
Amounts payable within one year42/48€66k€66k▼
Trade debts44€820€1k▲
Suppliers440/4€820€1k▲
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€8k€8k▼
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€54k€55k▲
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Non-recurring operating income76A€4k€4k▼
Remuneration, social security and pensions62€14k€15k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€496€508▲
Gross operating margin9900€143k€126k▼
Operating profit (loss)9901€119k€101k▼
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€119k€101k▼
Income taxes67/77€38k€32k▼
Profit (loss) for the period9904€81k€69k▼
Profit (loss) for the period to be appropriated9905€81k€69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€79k▼
Profit (loss) brought forward from the previous period14P€10k€10k=
Transfer to equity691/2€81k€69k▼
To other reserves6921€81k€69k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Highest result since 2018net €81k ▲112%
Operating result €119k, net result €81k, both a record.
31-12
Financial
Equity above €500kEq €554k ▲17.2%
7 profitable years in a row build equity to €554k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema · 29 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 7.23
Current ratio from 3.49 to 7.23; short-term debt falls from €128k to €59k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema · 31 days late
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
25-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 86 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
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
2 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, Raeren · 1 establishment unit since 2008
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.
Hauptstrasse 774730 Raeren1 establishment unit
KINE-ULTRA
since 20082.228.919.448
Similar companies · same sector, comparable size
Huis voor veerkracht
BE 0669.807.764
Hoegaarden · Eq €576k
Unité de Psychopathologie légale
BE 0464.405.415
Tournai · Eq €414k
Washington Garden Consulting Center
BE 0728.954.307
Elsene · Eq €256k
TUMI THERAPEUTICS
BE 0795.423.556
Heusden-Zolder · Eq €162k
Lofar Consulting
BE 0784.967.055
Kluisbergen · Eq €128k
Of 250 companies in sector 86932 we hold annual accounts for 24. 8 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-1989
Fiscal year end31-12
Activities, NACEBEL
86932Human health activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.