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KINERGY

Active
Private limited companyfounded 1997active for 28 yearsZandstraat 5, 9968 Assenede, BelgiumKBO/BCE: BE 0462.290.221

From the official registers: KBO 26 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of KINERGY is 1.9% (moderate). The 2025 annual accounts show equity of €11,743 and a net result of -€2,986. Equity has been growing by about 38% per year since 2018. Its solvency ranks better than 48% of 13,716 sector peers (NACE 46, financial year 2025). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 29-12-1997 Normal situation
Activity
Wholesale of pharmaceutical and medical goods NACE 46460
Establishment unit
2.085.399.238 9968 Assenede, since 06-02-1998
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€8,054
▼ 30.5%
Turnover
≈ €79,000
estimated
Loss
€2,986
Equity
€11,743
▼ 20.3%
Total assets
€30,483
▼ 20.5%
Filed on 30-10-2026, 91 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 91 days late; 3 of the last 3 accounts lateLoss of €2,986 (financial year 2025)Liquidity: current ratio 0.61, cash €5, halvedlowers riskFounded in 1997Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 31% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 64+1
equity 38.5% of total assets
Liquidity 18=
short-term debt 61.5% · cash 0.0%
Profitability 57-13
return on assets -9.8%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.0%▼ -0.1 percentage points vs 05-2025 07-2025: 2.3%▲ +0.3 percentage points vs 06-2025 08-2025: 3.0%▲ +0.7 percentage points vs 07-2025 09-2025: 2.9%▼ -0.1 percentage points vs 08-2025 10-2025: 3.4%▲ +0.5 percentage points vs 09-2025 11-2025: 3.6%▲ +0.2 percentage points vs 10-2025highest value 12-2025: 1.2%▼ -2.4 percentage points vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.1%▼ -0.1 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026lowest value 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.8 percentage points vs 07-2026 09-2026: 2.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.9%▼ -0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity is insufficient, with a current ratio of 0.61 (0.41 in 2024), below 1. Short-term debt is 61.5% and cash 0% of total assets. 61.5% of the assets are financed with debt and provisions.
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 46, micro). It does better than 47% of them on solvency, 17% on liquidity, 42% on profitability and 19% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 91 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Loss of €2,986 (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.61, cash €5, halved
NBB · annual accounts
raises risk · 2025 accounts filed 91 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-10-2026, 91 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
91 days late
2024
92 days late
2023
90 days late
2022
92 days late
2021
61 days late
2020
364 days late
2019
129 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 131 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed 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. The company usually files around 30 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Comparable companies

These companies have the same main activity as KINERGY: wholesale of pharmaceutical and medical goods (NACE 46460). They are comparable in size and age: total assets between €20,400 and €70,000, founded between 1985 and 2003.

CompanyTotal assetsGross margin
KINERGY Assenede€30,483€8,054
CAPRICORN COMMUNICATION Elsene€27,186€7,672
REYNAERT RESEARCH Gent€46,825€13,058
BVH CONSULTING Floreffe€44,707€11,693
AT CARE Sint-Gillis-Waas€69,957€10,412
GYNTECH Antwerpen€20,358€5,554
MEDIDAT Antwerpen€57,897€5,485
Full comparison

Documents

Annual accounts at the NBB

All 26 annual accounts

Articles and registers

Key facts about KINERGY

What is the company number of KINERGY?
The company number of KINERGY is 0462.290.221. The VAT number is the same number with BE in front: BE 0462.290.221.
Where is KINERGY based?
The registered office is at Zandstraat 5, 9968 Assenede.Company details
What does KINERGY do?
According to the KBO register, the main activity is wholesale of pharmaceutical and medical goods (NACE 46460).
What is the legal form of KINERGY?
The legal form of KINERGY is Private limited company (BV).
When was KINERGY founded?
KINERGY was founded on 29-12-1997.
Is KINERGY still active?
Yes, KINERGY is an active enterprise in the KBO register.
What is the turnover of KINERGY?
The turnover in financial year 2025 is ≈ €79,000. This figure is estimated from the gross margin of €8,054 and 41 comparable companies (NACE 464). It probably lies between €45,000 and €320,000. It is a rough estimate.Financials
Is KINERGY profitable?
In financial year 2025, KINERGY made a loss of €2,986.
Where can I find the annual accounts of KINERGY?
KINERGY filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of KINERGY due?
KINERGY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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