Skip to content

Kineleft

Active
Private limited companyfounded 2023active for 3 yearsFrederik van Eedenplein 17, 2050 Antwerpen, BelgiumKBO/BCE: BE 0802.348.366
Summary

Kineleft has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€60,686) and a net result of €1,400. The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 02-06-2023 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.345.872.744 2050 Antwerpen, since 02-06-2023
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€68,530
▲ 48.8%
Turnover
≈ €210,000
estimated
Profit
€1,400
Equity
-€60,686
▲ 2.3%
Total assets
€601,516
▼ 4.0%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 31 days late; 1 of the last 3 accounts lateFounded in 2023lowers riskSize: total assets €601,516No main activity registeredShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 35% of micro companies without a NACE code
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 15=
equity -10.1% of total assets
Liquidity 51+1
short-term debt 4.3% · cash 0.8%
Profitability 39+25
return on assets 0.2%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 3.4% 01-2025: 3.6%▲ +0.2 percentage points vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 3.5%▼ -0.1 percentage points vs 02-2025 04-2025: 3.5%● unchanged vs 03-2025 05-2025: 3.8%▲ +0.3 percentage points vs 04-2025 06-2025: 3.9%▲ +0.1 percentage points vs 05-2025 07-2025: 4.6%▲ +0.7 percentage points vs 06-2025highest value 08-2025: 0.7%▼ -3.9 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.6%▼ -0.1 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.5%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▼ -0.2 percentage points vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.52 (0.09 in 2024), below 1. Short-term debt is 4.3% and cash 0.8% of total assets. Equity is negative.
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 (no NACE code, micro). It does better than 12% of them on solvency, 43% on liquidity, 30% on profitability and 55% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Size: total assets €601,516
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 2 accounts on average 1 day after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00457972.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings

Turnover
≈ €210,000
Estimated: probably between €140,000 and €360,000
Total assets
€601,516▼ 4.0%
2024 · €626,398
Net result
€1,400
2024 · -€65,086
Working capital
-€12,233▲ 48.9%
2024 · -€23,937
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€27,852
2025
20242025
Net result
€1,400
2025
20242025
Equity
-€60,686
▲ 2.3% 2025
20242025
Total assets
€601,516
▼ 4.0% 2025
20242025
Debt
€662,202
▼ 3.8% 2025
20242025
Working capital
-€12,233
▲ 48.9% 2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€26,007-€27,852
Net result-€65,086-€1,400
Equity-€62,086--€60,686▲ 2.3%
Total assets€626,398-€601,516▼ 4.0%
Debt€688,484-€662,202▼ 3.8%
Working capital-€23,937--€12,233▲ 48.9%

The operating result for 2025 is a profit of €27,852, after a loss of €26,007 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €601,516
Fixed assets €588,096 ▼ 5.8%
Current assets €13,420 ▲ 472%
Equity and liabilities
Equity-€60,686
Debt€662,202
Equity is negative. Debt (€662,202) exceeds the balance-sheet total (€601,516).
Key figures and ratios
2025 value · change against 2024
EBITDA
€63,809▲
2024 · €39,600
Cash flow
€37,356▲
2024 · €522
Solvency
-10.1%▼
2024 · -9.9%
Current ratio
0.52▲
2024 · 0.09
ROA
0.2%▲
2024 · -10.4%
Interest coverage
2.41▲
2024 · 1.01
Debt ≤ 1 year
€25,653▼
2024 · €26,282
Debt > 1 year
€636,549▼
2024 · €662,202
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20242025
Mortgages, amount registered€50,000-
Mortgage mandates€570,000-
Carrying value of the mortgaged assets€612,413-

Source: notes to the 2024 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€689,660-
Depreciation and write-downs of the year€65,607€35,957

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€626,398€601,516▼
Fixed assets21/28€624,053€588,096▼
Tangible fixed assets22/27€624,053€588,096▼
Land and buildings22€612,413€579,105▼
Plant, machinery and equipment23€10,428€8,090▼
Furniture and vehicles24€1,212€901▼
Current assets29/58€2,345€13,420▲
Amounts receivable within one year40/41-€8,416
Trade receivables40-€8,416
Cash at bank and in hand54/58€2,345€5,003▲
Equity and liabilities
Total equity and liabilities10/49€626,398€601,516▼
Equity10/15-€62,086-€60,686▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€65,086-€63,686▲
Amounts payable17/49€688,484€662,202▼
Amounts payable after more than one year17€662,202€636,549▼
Financial debts170/4€662,202€636,549▼
Amounts payable within one year42/48€26,282€25,653▼
Current portion of amounts payable after more than one year42€24,534€25,653▲
Trade debts44€1,748€0▼
Suppliers440/4€1,748€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,607€35,957▼
Other operating charges640/8€6,468€4,721▼
Gross operating margin9900€46,068€68,530▲
Operating profit (loss)9901-€26,007€27,852▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€39,079€26,453▼
Recurring financial charges65€39,079€26,453▼
Profit (loss) for the period before taxes9903-€65,086€1,400▲
Profit (loss) for the period9904-€65,086€1,400▲
Profit (loss) for the period to be appropriated9905-€65,086€1,400▲
Appropriation of the result
Profit (loss) to be appropriated9906-€65,086-€63,686▲
Profit (loss) brought forward from the previous period14P--€65,086

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65,607€35,957▼ 45.2%
Other operating charges640/8€6,468€4,721▼ 27.0%
Gross operating margin9900€46,068€68,530▲ 48.8%
Operating profit (loss)9901-€26,007€27,852-
Financial income75/76B€0€0▼ 100%
Recurring financial income75€0€0▼ 100%
Financial charges65/66B€39,079€26,453▼ 32.3%
Recurring financial charges65€39,079€26,453▼ 32.3%
Profit (loss) for the period before taxes9903-€65,086€1,400-
Profit (loss) for the period9904-€65,086€1,400-
Profit (loss) for the period to be appropriated9905-€65,086€1,400-
Line20242025Change
Assets
Total assets20/58€626,398€601,516▼ 4.0%
Fixed assets21/28€624,053€588,096▼ 5.8%
Tangible fixed assets22/27€624,053€588,096▼ 5.8%
Land and buildings22€612,413€579,105▼ 5.4%
Plant, machinery and equipment23€10,428€8,090▼ 22.4%
Furniture and vehicles24€1,212€901▼ 25.7%
Current assets29/58€2,345€13,420▲ 472%
Amounts receivable within one year40/41-€8,416-
Trade receivables40-€8,416-
Cash at bank and in hand54/58€2,345€5,003▲ 113%
Equity and liabilities
Total equity and liabilities10/49€626,398€601,516▼ 4.0%
Equity10/15-€62,086-€60,686▲ 2.3%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€65,086-€63,686▲ 2.2%
Amounts payable17/49€688,484€662,202▼ 3.8%
Amounts payable after more than one year17€662,202€636,549▼ 3.9%
Financial debts170/4€662,202€636,549▼ 3.9%
Amounts payable within one year42/48€26,282€25,653▼ 2.4%
Current portion of amounts payable after more than one year42€24,534€25,653▲ 4.6%
Trade debts44€1,748€0▼ 100%
Suppliers440/4€1,748€0▼ 100%
Line20242025Change
Profit (loss) for the period9904-€65,086€1,400-
+ Depreciation and write-downs630€65,607€35,957▼ 45.2%
Operating cash flow (approximation)€522€37,356▲ 72×
Investment in fixed assets (approximation)-€0-
Change in cash-€2,658-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 262 companies had the same profile as Kineleft has now. Two years later, 97.3% were still going and 1.1% had gone bankrupt.

  • Small
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet
97.3% was still going
0.8% stopped otherwise
1.1% went bankrupt

Another 0.8% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Kineleft itself: 0.7% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 262 companies, not a prediction for Kineleft. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 31-08-2026 2026-00457972 PDF
31-12-2024 micro format 02-07-2025 2025-00213935 PDF

Board & ownership

Directors

Directors
3 directors, no change since 2023
DE WITTE Axelle
Director (not named in the articles) · appointed in the act of 06-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Current
EGHBALI Amirsaman
Director (not named in the articles) · appointed in the act of 06-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Current
VAN BUUL Rob
Director (not named in the articles) · appointed in the act of 06-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 31-08-2026
Current

Owners and capital

Shareholders

At incorporation act of 06-06-2023 ↗

Capital transactions

Capital over time
  1. 06-06-2023 Incorporation · €3,000 · 300 shares

Mandate history

3 people, 3 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DE WITTE Axelle
  • Director (not named in the articles), appointed in the act of 06-06-2023, still in office
EGHBALI Amirsaman
  • Director (not named in the articles), appointed in the act of 06-06-2023, still in office
VAN BUUL Rob
  • Director (not named in the articles), appointed in the act of 06-06-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Capital, shares and profit

Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Helft overdrager helft koper(s) naar evenredigheid aantal bij meer kopers,ook bij weigering erfgenaam of legataris, elke overdracht onder…”
“Bestuursorgaan, helft overdrager helft koper(s)”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Algemene vergadering kan één of meerdere vereffenaars aanduiden, algemene vergadering”

Articles of association, deed of 06-06-2023 (in Dutch)

Network & group

Kineleft shares no director with another company.

Companies at the same address

4 other companies

Connections & network

3 current directors
Depth

The network starts from the directors of Kineleft. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
31-08
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days late
2025
31-12
Financial Back to profitnet €1,400
The net result is €1,400, after one loss-making year.
02-07
NBB filing Annual accounts 2024 filedPDF
micro format · 29 days before the deadline
2023
06-06
Gazette deed Incorporation
Starting capital €3,000 · Appointments: DE WITTE Axelle, VAN BUUL Rob and EGHBALI Amirsaman · Permanent representative: Sophie Chomé17 points ▸
  • Capital
  • Registered office clause, “2050 Antwerpen,Frederik Van Eedenplein 17 bus 1” (deed in Dutch)
  • Board rule, 3
  • Director appointment, DE WITTE Axelle (director (not named in the articles))
  • Director appointment, VAN BUUL Rob (director (not named in the articles))
  • Director appointment, EGHBALI Amirsaman (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, alle verbintenissen verplichtingen activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
  • Permanent representative, Sophie Chomé
  • Director in office, BV SC Finance (director)
  • Other provision, “oprichtingskosten”, 2000 (deed in Dutch)
  • Other provision, “voorafgaande toelatingen vergunningen beroepsuitoefening, gelet op reglementeringen inzake toegang tot beroep” (deed in Dutch)
  • Incorporation, 01-06-2023
  • The act holds 5 more points.

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 June 2023, Kineleft was incorporated as a private limited company by three natural persons, with a starting capital of €3,000.12 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-06-2023
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name Kineleft in Dutch
Enterprise number 0802.348.366
Legal form Private limited company
Status Active, normale toestand
Founded 02-06-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-06-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Eenvoudige beslissing van het bestuursorgaan, Vlaams Gewest”
deed of 06-06-2023 (in Dutch)

Registered office and establishments

Registered office Frederik van Eedenplein 17, 2050 Antwerpen, Belgium
Establishment unit Kineleft, Frederik van Eedenplein 17, 2050 Antwerpen since 02-06-2023 · unit number 2.345.872.74468201 Renting and operating of own or leased residential real estate, excluding social housing

Invoicing and payment

VAT number BE 0802.348.366
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0802348366
Registered 21-10-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“De oprichters treffen nog eenparig volgende beslissingen: 1. Eerste boekjaar en eerste algemene vergadering Het eerste boekjaar gaat in de…”
deed of 06-06-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map
5 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
369 m²
Building footprint
303 m²
Building volume
2,951 m³
Cadastral parcel Region Area Buildings Height / floors
11813N0915/00R025 Flanders 369 m² 1 · 303 m² 15.1 m · 4