KINETIX
ActiveSummary
KINETIX has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98k and a net result of €28k. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 16546 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+5
Solvency56▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.25 in 2024; short-term debt: 10.8% and cash: 20.2% of total assets), but 68.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
31.3%
Return on assets
8.9%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-07-2026, 20 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
20 d early
2024
29 d late
2023
96 d late
2022
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€98k▲ 36.6%
2024 · €72k
2022: €51k
2023: €48k
2024: €72k
2022 → 2025
Total assets
€314k▲ 9.8%
2024 · €286k
2022: €79k
2023: €298k
2024: €286k
2022 → 2025
Net result
€28k▲ 17.7%
2024 · €24k
2022: €46k
2023: €-3k
2024: €24k
2022 → 2025
Working capital
€39k▲ 58.1%
2024 · €24k
2022: €53k
2023: €35k
2024: €24k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€51k-€48k▼ 5.2%€72k▲ 49.4%€98k▲ 36.6%
Operating result€63k-€-780€35k€44k▲ 26.3%
Net result€46k-€-3k€24k€28k▲ 17.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €314k
Fixed assets
€241k ▼ 0.2%
Current assets
€72k ▲ 65.0%
Equity and liabilities €314k
Equity
€98k ▲ 36.6%
Debt
€216k ▲ 0.8%
Debt's share of the balance-sheet total falls from 74.9% to 68.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▲
2024 · €42k
Cash flow
€43k▲
2024 · €31k
Current ratio
2.14▼
2024 · 2.25
Debt to equity
2.20▼
2024 · 2.98
ROE
28.5%▼
2024 · 33.1%
ROA
8.9%▲
2024 · 8.3%
Interest coverage
7.93▲
2024 · 5.56
Debt ≤ 1 year
€34k▲
2024 · €19k
Debt > 1 year
€182k▼
2024 · €195k
Income taxes
€9k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€286k€314k▲
Fixed assets21/28€242k€241k▼
Tangible fixed assets22/27€242k€241k▼
Land and buildings22€214k€220k▲
Plant, machinery and equipment23€28k€21k▼
Assets under construction and advance payments27€0-
Current assets29/58€44k€72k▲
Amounts receivable within one year40/41€3k€1k▼
Trade receivables40€3k-
Other amounts receivable41-€1k
Cash at bank and in hand54/58€33k€63k▲
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€286k€314k▲
Equity10/15€72k€98k▲
Contributions10/11€5k€5k=
Reserves13€67k€93k▲
Distributable reserves133€67k€93k▲
Amounts payable17/49€214k€216k▲
Amounts payable after more than one year17€195k€182k▼
Financial debts170/4€195k€182k▼
Amounts payable within one year42/48€19k€34k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€394€1k▲
Suppliers440/4€394€1k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€4k€4k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€1k€16k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€15k▲
Other operating charges640/8€1k€762▼
Gross operating margin9900€44k€60k▲
Operating profit (loss)9901€35k€44k▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€27k€37k▲
Income taxes67/77€3k€9k▲
Profit (loss) for the period9904€24k€28k▲
Profit (loss) for the period to be appropriated9905€24k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€28k▲
Transfer from equity791/2€0-
Transfer to equity691/2€24k€26k▲
To other reserves6921€24k€26k▲
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
2023
31-12
Financial
Weakest financial yearnet €-3k ▼106%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aartselaar · 2 establishment units since 2022
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.
Helenboslaan 192630 AartselaarGround area
1,586 m²
Building footprint
258 m²
Volume, LiDAR
754 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
KINETIX
since 20222.327.979.412
KINETIX
since 20222.327.979.511
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0175/00S019 | Flanders | 1,172 m² | 1 · 145 m² | 8.8 m · 2 fl. |
| 11001B0138/00T003 | Flanders | 414 m² | 1 · 112 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,246 EUR awarded · 2,429 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 486 EUR | 486 EUR |
| 2024 | 1 | 604 EUR | 604 EUR |
| 2023 | 1 | 403 EUR | 586 EUR |
| 2022 | 1 | 753 EUR | 753 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,686 companies in sector 86951 we hold annual accounts for 2,142. 1,864 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
85510Sports and recreation education
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.