KINEA

Active

General partnershipfounded 200818 yrs activeRue de Tournai(HOL) 154, 7620 Brunehaut, BelgiumKBO/BCE: BE 0897.702.831

Summary

The latest annual accounts of KINEA were filed more than 90 days after the deadline. The 2019 annual accounts show equity of €146,039 and a net result of €22,276. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysis Watch Report Compare

KINEAActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2019 are too old to assess current financial health.

Filing: Filed more than 90 days late

Axes, FY 2019

Profitability73

Solvency100

Growth-

Track record85

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

No NACE activity registered

No NACE activity is registered in the KBO, which is more common among companies that later fail.

KBO · activities

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2019

Solvency, return and age of the figures

Solvency

94.2%

Return on assets

14.4%

Age of the figures

81 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed more than 90 days late

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 31-10-2020, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 1 filing

Deviation from the deadline

2019

92 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2019 accounts 92 days after the deadline; the Belgian median for financial year 2019 is on the deadline day, and 49% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

KINEA was incorporated on 25 January 2008.¹ The company has filed annual accounts once, for fiscal year 2019.²

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Financials · fiscal year 2019, micro schema

Equity

€146,039

Total assets

€154,996

Net result

€22,276

Working capital

€138,317

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €154,996

95.0%

Fixed assets €7,722

Current assets €147,273

Equity and liabilities €154,996

94.2%

Equity €146,039

Debt €8,957

Debt finances 5.8% of the balance-sheet total.

Key figures and ratios

2019 value

EBITDA

€31,202

Cash flow

€24,919

Current ratio

16.44

ROE

15.3%

ROA

14.4%

Debt ≤ 1 year

€8,957

Income taxes

€6,143

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2019 · 23 lines

Balance sheet Code2019

Assets

Total assets20/58€154,996

Fixed assets21/28€7,722

Tangible fixed assets22/27€6,035

Financial fixed assets28€1,688

Current assets29/58€147,273

Amounts receivable within one year40/41€93,617

Cash at bank and in hand54/58€52,104

Equity and liabilities

Total equity and liabilities10/49€154,996

Equity10/15€146,039

Contributions10/11€400

Reserves13€145,639

Amounts payable17/49€8,957

Amounts payable within one year42/48€8,957

Trade debts44€993

Income statement Code2019

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,643

Gross operating margin9900€33,072

Operating profit (loss)9901€28,559

Recurring financial income75€29

Recurring financial charges65€169

Profit (loss) for the period before taxes9903€28,419

Income taxes67/77€6,143

Profit (loss) for the period9904€22,276

Profit (loss) for the period to be appropriated9905€22,276

Line	2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€2,643
Gross operating margin9900	€33,072
Operating profit (loss)9901	€28,559
Recurring financial income75	€29
Recurring financial charges65	€169
Profit (loss) for the period before taxes9903	€28,419
Income taxes67/77	€6,143
Profit (loss) for the period9904	€22,276
Profit (loss) for the period to be appropriated9905	€22,276

Line	2019
Assets
Total assets20/58	€154,996
Fixed assets21/28	€7,722
Tangible fixed assets22/27	€6,035
Financial fixed assets28	€1,688
Current assets29/58	€147,273
Amounts receivable within one year40/41	€93,617
Cash at bank and in hand54/58	€52,104
Equity and liabilities
Total equity and liabilities10/49	€154,996
Equity10/15	€146,039
Contributions10/11	€400
Reserves13	€145,639
Amounts payable17/49	€8,957
Amounts payable within one year42/48	€8,957
Trade debts44	€993

Line	2019
Profit (loss) for the period9904	€22,276
+ Depreciation and write-downs630	€2,643
Operating cash flow (approximation)	€24,919

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

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Timeline · acts, filings and financial milestones

All 1Filings 1

2020

31-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 92 days late

NBB filing

0 of 2 acts read

About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Brunehaut

exact location from the address register On OpenStreetMap

Ground area

1,725 m²

Building footprint

128 m²

Volume, LiDAR

892 m³

Parcel 57039B0123/00B002, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57039B0123/00B002	Wallonia	1,725 m²	1 · 128 m²	9.2 m · 2 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 formGeneral partnership

Founded25-01-2008

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

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

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