KINE VDS
ActiveThe computed 12-month bankruptcy probability of KINE VDS is 2.6% (moderate). The 2025 annual accounts show equity of €3k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+8
Solvency34▼-27
Growth78=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 d early
2024
29 d late
2023
12 d early
2022
27 d early
2021
25 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 84.0%
2024 · €19k
2021: €735
2022: €2k
2023: €10k
2024: €19k
2021 → 2025
Total assets
€35k▼ 32.9%
2024 · €52k
2021: €3k
2022: €6k
2023: €53k
2024: €52k
2021 → 2025
Net result
€8k▼ 7.1%
2024 · €9k
2021: €-765
2022: €963
2023: €9k
2024: €9k
2021 → 2025
Working capital
€-7k
2024 · €7k
2021: €735
2022: €5k
2023: €-4k
2024: €7k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€735-€2k▲ 131%€10k▲ 501%€19k▲ 84.3%€3k▼ 84.0%
Operating result€-655-€1k€12k▲ 836%€13k▲ 10.3%€13k▼ 2.8%
Net result€-765-€963€9k▲ 785%€9k▲ 1.2%€8k▼ 7.1%
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 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€25k▼ 28.4%
Current assets
€9k▼ 42.7%
Equity and liabilities €35k
Equity
€3k▼ 84.0%
Debt
€32k▼ 3.6%
The debt ratio rises from 63.6% to 91.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €23k
Cash flow
€18k▼
2024 · €19k
Solvency
8.7%▼
2024 · 36.4%
Current ratio
0.56▼
2024 · 1.73
Quick ratio
0.56▼
2024 · 1.73
Debt / equity
10.55▲
2024 · 1.75
ROE
266.3%▲
2024 · 45.8%
ROA
23.1%▲
2024 · 16.7%
Interest coverage
15.07▲
2024 · 12.19
Debt
€32k▼
2024 · €33k
Debt ≤ 1 year
€17k▲
2024 · €9k
Debt > 1 year
€15k▼
2024 · €24k
Income taxes
€3k▲
2024 · €2k
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€52k€35k▼
Fixed assets21/28€36k€25k▼
Tangible fixed assets22/27€35k€25k▼
Furniture and vehicles24€35k€25k▼
Financial fixed assets28€50€50=
Current assets29/58€16k€9k▼
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€5k€4k▼
Other amounts receivable41€521€0▼
Cash at bank and in hand54/58€9k€3k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€52k€35k▼
Equity10/15€19k€3k▼
Contributions10/11€2k€2k=
Reserves13€17k€2k▼
Distributable reserves133€17k€2k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€33k€32k▼
Amounts payable after more than one year17€24k€15k▼
Financial debts170/4€24k€15k▼
Amounts payable within one year42/48€9k€17k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€74€339▲
Suppliers440/4€74€339▲
Taxes, remuneration and social security45€510€834▲
Taxes450/3€510€834▲
Other amounts payable47/48€693€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€24k€24k▼
Operating profit (loss)9901€13k€13k▼
Financial income75/76B€2€0▼
Recurring financial income75€2€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€11k€11k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€9k€8k▼
Profit (loss) for the period to be appropriated9905€9k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€8k▼
Transfer from equity791/2-€17k
Transfer to equity691/2€9k€2k▼
To other reserves6921€9k€2k▼
Profit to be distributed694/7-€24k
Return on contributions (dividend)694-€24k
The notes to these accounts (8 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2021net €9k ▲1.2%
Operating result €13k, net result €9k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.73
Current ratio from 0.66 to 1.73; short-term debt falls from €11k to €9k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €963
Net result €963 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 5.21
Current ratio from 1.38 to 5.21; short-term debt falls from €2k to €1k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Hulshout · 1 establishment unit since 2020
Ground area
1,113 m²
Building footprint
137 m²
Volume, LiDAR
779 m³
Parcel 13015B0287/00D000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KINE VDS
since 20202.309.394.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13015B0287/00D000 | Flanders | 1,113 m² | 1 · 137 m² | 8.6 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 831 EUR awarded · 831 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 198 EUR | 198 EUR |
| 2023 | 1 | 249 EUR | 249 EUR |
| 2022 | 1 | 384 EUR | 384 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.