Equity
€41,631 ▲ 32.7%
KINEFORM has made a profit without a break since 2022.
KINEFORM
Lifetime
16 annual accounts with figures on one time axispeak €47,745 (2024)
€28,412▼ 40.5%
lowest -€15,533 (2019)
€10,262▼ 69.4%
peak €41,631 (2025)
€41,631▲ 32.7%
€9,932▼ 53.5%
Board1 name since 2022
1 directorSTURBOIS Christine
Documentsfilings and deeds
07-10-202524 days before the deadline
2025micro format
Gross margin from €47,745 to €28,412Result from €33,542 to €10,262Equity from €31,369 to €41,631Debts from €21,352 to €9,932
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Liquidity
2.51 was 1.26 in 2024
Short-term debts fell from €19,602 to €9,932.
Filings
16 annual accounts 10 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
At the same address
6 companies
Position in the sector
80.7%
Higher solvency than 82% of companies in education. Sector median 43.8% · 2,612 companies.
Checked score
98
Excellent
Financially stronger than 82% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
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%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged 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 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged 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 09-2026
11-2026: 0.1%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 07-10-2025)
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 2.51, cash €20,138
Equity €41,631 (80.7% of total assets)
Calculation
The band follows from the bankruptcy probability. 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 85, micro). It does better than 88% of them on solvency, 85% on liquidity, 76% on profitability and 77% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as KINEFORM has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of KINEFORM itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for KINEFORM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.51 (1.26 in 2024), above the usual 1.5. Short-term debt is 19.3% and cash 39.1% of total assets. 19.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 07-10-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
24 days early
2024
21 days early
2023
4 days early
2022
1 day late
2021
2 days late
2020
12 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 6 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806648634
Reappointment: STURBOIS Christine (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 11-09-2023 · Gazette deed
First establishment
Rue Florent Laurent 2C, Frameries
Incorporation
published on 30-09-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KINEFORM Frameries | €51,563 | €28,412 | 80.7% | - |
| LCCA Woluwe-Saint-Lambert | €51,612 | €29,996 | 85.3% | - |
| THEMIGREG Namur | €53,509 | €22,395 | 75.3% | - |
| OVERBOARDER Schoten | €74,754 | €23,602 | 27.3% | - |
| KeyOB Charleroi | €54,583 | €15,146 | 40.6% | - |
| BODY DRIVE EXPERIENCE Fontaine-l'Evêque | €58,712 | €27,302 | 13.3% | - |
| DAO Hasselt | €80,445 | €28,943 | 71.1% | - |
These companies have the same main activity as KINEFORM: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €51,600 and €80,400, founded between 2003 and 2015.
Official details
Source: KBO- Status
- Active since 26-09-2008Normal situation
- Activity
- Sports and recreation educationNACE 85510
- Establishment unit
- 2.173.598.5667080 Frameries, since 01-10-2008
- Financial year end
- 31 March
- Peppol
- Reachable since 08-10-2025
Insights on KINEFORM
KINEFORM files the micro format. That format states no turnover. The gross margin fell from €30,077 in 2010 to €28,412 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KINEFORM
- What is the company number of KINEFORM?
- The company number of KINEFORM is 0806.648.634. The VAT number is the same number with BE in front: BE 0806.648.634.
- Where is KINEFORM based?
- The registered office is at Rue Florent Laurent 2, 7080 Frameries.Company details
- What does KINEFORM do?
- According to the KBO register, the main activity is sports and recreation education (NACE 85510).
- What is the legal form of KINEFORM?
- KINEFORM is a private limited company (BV).
- When was KINEFORM founded?
- KINEFORM was founded on 26-09-2008.
- Is KINEFORM still active?
- Yes, KINEFORM is an active enterprise in the KBO register.
- What is the turnover of KINEFORM?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €28,412 and 2,934 comparable companies of the same size. It probably lies between €69,000 and €210,000. It is a rough estimate.Financials
- Is KINEFORM profitable?
- In financial year 2025, KINEFORM made a profit of €10,262.
- Where can I find the annual accounts of KINEFORM?
- KINEFORM filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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