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KINESIREC

Active
Private limited companyfounded 201115 years activeRue Ferrer 86, 7080 Frameries, BelgiumKBO/BCE: BE 0833.988.875
Summary

KINESIREC has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9,878 and a net result of €27,926. Equity is growing by ~24.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Activity not known
Size
€135,387total assets 2024
Equity
€9,878
Profit
€27,926
Turnover not published (abridged schema)
Financial health
66 Healthy Checked score 2024
Bankruptcy probability, 12 months
1.3%
Structure
Accounts 68 days overdue0 of 3 deeds read
Why 66- Figures for FY 2024 (filed 08-07-2025)- No establishment unit in the KBO+ Size: total assets €135,387+ Liquidity: current ratio 1.55, cash €82,804Show the evidence

Checked score

Score 2024
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 65% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Strong
Solvency 32+22
equity 7.3% of total assets
Liquidity 72+7
short-term debt 54.5% · cash 61.2%
Profitability 95+12
return on assets 20.6%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.7%▲ +0.1 percentage points vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.2%▼ -0.5 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026 10-2026: 1.3%▲ +0.6 percentage points vs 09-2026highest value
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.15 in 2023; short-term debt: 54.5% and cash: 61.2% of total assets), but 92.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 21% on solvency, 67% on liquidity, 76% on profitability and 95% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €135,387
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 08-07-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.55, cash €82,804
NBB · annual accounts
raises risk · No establishment unit in the KBO
KBO · seat and establishments
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
23 days early
2023
15 days early
2022
14 days early
2021
31 days early
2020
17 days early
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 20 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Highest result since 2018net €27,926 ▲108%
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Total assets 20246 fiscal years filed €135,387 View
  • Active since 2011founded 23-02-2011 15 years View

By topic

Financials

Fiscal year
2024
Total assets
€135,387
Profit
€27,926
Solvency
7.3%
Total assets▲ 14.6%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2016
  1. 17-07-2023Annual accounts filed
  2. 30-06-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Legal form
Private limited company
Founded
23-02-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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