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KINEFLEX

Active
Private limited companyfounded 199729 yrs activeHoeledensebaan 13, 3471 Kortenaken, BelgiumKBO/BCE: BE 0459.715.959

KINEFLEX has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €598k and a net result of €97k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 16391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
100 / 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+2
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 35.12), and 2.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
97.2%
Return on assets
15.8%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
19 d early
2024
3 d early
2023
6 d early
2022
54 d early
2021
on the day
2020
5 d early
2019
39 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
neutral · 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

Financials · fiscal year 2025, micro schema

Equity
€598k▲ 19.5%
2024 · €501k
2019: €251k 2020: €278k 2021: €323k 2022: €385k 2023: €463k 2024: €501k
2019 → 2025
Total assets
€616k▲ 21.8%
2024 · €506k
2019: €261k 2020: €284k 2021: €343k 2022: €390k 2023: €469k 2024: €506k
2019 → 2025
Net result
€97k▲ 23.6%
2024 · €79k
2019: €39k 2020: €29k 2021: €45k 2022: €62k 2023: €80k 2024: €79k
2019 → 2025
Working capital
€589k▲ 19.0%
2024 · €495k
2019: €191k 2020: €233k 2021: €293k 2022: €367k 2023: €455k 2024: €495k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€323k-€385k▲ 19.2%€463k▲ 20.3%€501k▲ 8.1%€598k▲ 19.5%
Operating result€69k-€94k▲ 36.3%€120k▲ 27.6%€117k▼ 2.2%€120k▲ 2.4%
Net result€45k-€62k▲ 36.5%€80k▲ 28.8%€79k▼ 1.1%€97k▲ 23.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €69k€69kNet result 2021: €45k€45kOperating result 2022: €94k€94kNet result 2022: €62k€62kOperating result 2023: €120k€120kNet result 2023: €80k€80kOperating result 2024: €117k€117kNet result 2024: €79k€79kOperating result 2025: €120k€120kNet result 2025: €97k€97k20212022202320242025
The operating result recovers in 2025; 2025 is 2% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €616k
Fixed assets €10k▲ 54.1%
Current assets €606k▲ 21.4%
Equity and liabilities €616k
Equity €598k▲ 19.5%
Debt €17k▲ 280%
The debt ratio rises from 0.9% to 2.8%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€122k
2024 · €119k
Cash flow
€100k
2024 · €81k
Solvency
97.2%
2024 · 99.1%
Current ratio
35.12
Quick ratio
35.12
Debt / equity
0.03
2024 · 0.01
ROE
16.3%
2024 · 15.7%
ROA
15.8%
2024 · 15.6%
Interest coverage
144.52
2024 · 563.42
Debt
€17k
2024 · €5k
Debt ≤ 1 year
€17k
2024 · €5k
Income taxes
€47k
2024 · €40k
Staff costs
€14k
2024 · €15k
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€506k€616k
Fixed assets21/28€6k€10k
Tangible fixed assets22/27€6k€9k
Land and buildings22€2k€2k
Plant, machinery and equipment23€3k€8k
Furniture and vehicles24€822€411
Financial fixed assets28€234€234=
Current assets29/58€499k€606k
Amounts receivable within one year40/41€7k€3k
Other amounts receivable41€7k€3k
Current investments50/53€282k€409k
Cash at bank and in hand54/58€211k€194k
Equity and liabilities
Total equity and liabilities10/49€506k€616k
Equity10/15€501k€598k
Contributions10/11€93k€93k=
Reserves13€408k€505k
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€402k€499k
Profit (loss) carried forward14-€0
Amounts payable17/49€5k€17k
Amounts payable within one year42/48€5k€17k
Trade debts44€2k€305
Suppliers440/4€2k€305
Taxes, remuneration and social security45€2k€12k
Taxes450/3-€10k
Remuneration and social security454/9€2k€3k
Other amounts payable47/48€154€5k
Income statement Code20242025
Remuneration, social security and pensions62€15k€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€2k€2k
Gross operating margin9900€135k€138k
Operating profit (loss)9901€117k€120k
Financial income75/76B€1k€25k
Recurring financial income75€1k€25k
Financial charges65/66B€212€847
Recurring financial charges65€212€847
Profit (loss) for the period before taxes9903€118k€144k
Income taxes67/77€40k€47k
Profit (loss) for the period9904€79k€97k
Profit (loss) for the period to be appropriated9905€79k€97k
Appropriation of the result
Profit (loss) to be appropriated9906€79k€97k
Transfer from equity791/2€41k€0
Transfer to equity691/2€79k€97k
To other reserves6921€79k€97k
Profit to be distributed694/7€41k€0
Return on contributions (dividend)694€41k€0

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
12-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2019net €97k ▲23.6%
Operating result €120k, net result €97k, both a record.
28-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Equity above €500kEq €501k ▲8.1%
6 profitable years in a row build equity to €501k.
25-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
08-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial Liquidity times 5current ratio 75.43
Current ratio from 16.18 to 75.43; short-term debt falls from €19k to €5k.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Weakest financial yearnet €29k ▼25.5%
Net result drops to €29k, the lowest in the series; recovery starts the following year.
2019
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
20-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
01-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
21-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Kortenaken · 1 establishment unit since 1997
establishment The establishment unit on the map
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.

Hoeledensebaan 133471 Kortenaken
Ground area
1,435 m²
Building footprint
181 m²
Volume, LiDAR
1,183 m³
Parcel 24042C0299/00Y000, Flanders · tallest building 11.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Hoeledensebaan 13, 3471 Kortenaken
NACE 85143
since 19972.228.561.340
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24042C0299/00Y000 Flanders 1,435 m² 1 · 181 m² 11.4 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.

Similar companies · same sector, comparable size

Of 12,684 companies in sector 86951 we hold annual accounts for 2,135. 934 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-01-1997
Fiscal year end30-06
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.