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KINEvolution

Active
Private limited companyfounded 20196 yrs activeParkstraat 44, 3000 Leuven, BelgiumKBO/BCE: BE 0739.553.338
Summary

The computed 12-month bankruptcy probability of KINEvolution is 2.4% (moderate). The 2025 annual accounts show equity of €28,676 and a net result of €10,081. Equity is shrinking by ~9.2% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability80▼-5
Solvency50=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.33 in 2024; short-term debt: 75.2% and cash: 94.4% of total assets), and 75.2% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
26 d early
2024
4 d late
2023
28 d early
2022
28 d early
2021
19 d early
2020
10 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 18 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close27-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 December 2019, KINEvolution was incorporated as a Private limited company.1 Total assets went from EUR 61,677 in 2020 to EUR 115,643 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€28,676▲ 7.2%
2024 · €26,742
Total assets
€115,643▲ 9.5%
2024 · €105,583
Net result
€10,081▼ 25.8%
2024 · €13,591
Working capital
€28,143▲ 8.9%
2024 · €25,847
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€14,140▼ 72.8%€20,955▲ 48.2%€36,196▲ 72.7%€21,956▼ 39.3%€14,637▼ 33.3%
Net result€12,089▼ 70.8%€16,245▲ 34.4%€28,471▲ 75.3%€13,591▼ 52.3%€10,081▼ 25.8%
Equity€58,434▲ 26.1%€74,679▲ 27.8%€103,151▲ 38.1%€26,742▼ 74.1%€28,676▲ 7.2%
Total assets€65,654▲ 6.4%€85,574▲ 30.3%€109,083▲ 27.5%€105,583▼ 3.2%€115,643▲ 9.5%
Debt€7,219▼ 52.9%€10,895▲ 50.9%€5,932▼ 45.5%€78,841▲ 1,229%€86,967▲ 10.3%
Working capital€57,083▲ 23.2%€73,370▲ 28.5%€102,583▲ 39.8%€25,847▼ 74.8%€28,143▲ 8.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2021: €14,140€14,140Net result 2021: €12,089€12,089Operating result 2022: €20,955€20,955Net result 2022: €16,245€16,245Operating result 2023: €36,196€36,196Net result 2023: €28,471€28,471Operating result 2024: €21,956€21,956Net result 2024: €13,591€13,591Operating result 2025: €14,637€14,637Net result 2025: €10,081€10,08120212022202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €36,196€36,200Net result 2023: €28,471€28,500Operating result 2024: €21,956€22,000Net result 2024: €13,591€13,600Operating result 2025: €14,637€14,600Net result 2025: €10,081€10,100202320242025
The operating result has fallen two years in a row; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,643
Fixed assets €533 ▼ 40.5%
Current assets €115,110 ▲ 10.0%
Equity and liabilities €115,643
Equity €28,676 ▲ 7.2%
Debt €86,967 ▲ 10.3%
Debt's share of the balance-sheet total rises from 74.7% to 75.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€14,999▼
2024 · €22,430
Cash flow
€10,443▼
2024 · €14,065
Current ratio
1.32▼
2024 · 1.33
Debt to equity
3.03▲
2024 · 2.95
ROE
35.2%▼
2024 · 50.8%
ROA
8.7%▼
2024 · 12.9%
Interest coverage
71.19▼
2024 · 124.42
Debt ≤ 1 year
€86,967▲
2024 · €78,841
Income taxes
€4,380▼
2024 · €8,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€105,583€115,643▲
Fixed assets21/28€895€533▼
Tangible fixed assets22/27€895€533▼
Plant, machinery and equipment23€895€533▼
Current assets29/58€104,688€115,110▲
Amounts receivable within one year40/41€2,999€5,026▲
Trade receivables40-€1,405
Other amounts receivable41€2,999€3,620▲
Cash at bank and in hand54/58€101,580€109,189▲
Deferred charges and accrued income490/1€108€896▲
Equity and liabilities
Total equity and liabilities10/49€105,583€115,643▲
Equity10/15€26,742€28,676▲
Contributions10/11€5,000€5,000=
Reserves13€21,737€23,672▲
Distributable reserves133€21,737€23,672▲
Profit (loss) carried forward14€4€4=
Amounts payable17/49€78,841€86,967▲
Amounts payable within one year42/48€78,841€86,967▲
Trade debts44€1,493€1,880▲
Suppliers440/4€1,493€1,880▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€77,348€85,087▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€474€362▼
Other operating charges640/8€384€387▲
Gross operating margin9900€22,814€15,386▼
Operating profit (loss)9901€21,956€14,637▼
Financial income75/76B€161€35▼
Recurring financial income75€161€35▼
Financial charges65/66B€180€211▲
Recurring financial charges65€180€211▲
Profit (loss) for the period before taxes9903€21,937€14,461▼
Income taxes67/77€8,346€4,380▼
Profit (loss) for the period9904€13,591€10,081▼
Profit (loss) for the period to be appropriated9905€13,591€10,081▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,596€10,085▼
Profit (loss) brought forward from the previous period14P€4€4=
Transfer from equity791/2€90,000€8,146▼
Transfer to equity691/2€13,591€10,081▼
To other reserves6921€13,591€10,081▼
Profit to be distributed694/7€90,000€8,146▼
Return on contributions (dividend)694€90,000€8,146▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€269€647€742€474€362▼ 23.5%
Other operating charges640/8--€348€384€387▲ 0.8%
Gross operating margin9900€14,410€21,601€37,285€22,814€15,386▼ 32.6%
Operating profit (loss)9901€14,140€20,955€36,196€21,956€14,637▼ 33.3%
Financial income75/76B-€0€12€161€35▼ 78.5%
Recurring financial income75-€0€12€161€35▼ 78.5%
Financial charges65/66B-€197€185€180€211▲ 16.9%
Recurring financial charges65€87€197€185€180€211▲ 16.9%
Profit (loss) for the period before taxes9903€14,054€20,758€36,023€21,937€14,461▼ 34.1%
Income taxes67/77€1,964€4,513€7,552€8,346€4,380▼ 47.5%
Profit (loss) for the period9904€12,089€16,245€28,471€13,591€10,081▼ 25.8%
Profit (loss) for the period to be appropriated9905€12,089€16,245€28,471€13,591€10,081▼ 25.8%
Line20212022202320242025Change
Assets
Total assets20/58€65,654€85,574€109,083€105,583€115,643▲ 9.5%
Fixed assets21/28€1,351€1,309€568€895€533▼ 40.5%
Tangible fixed assets22/27€1,351€1,309€568€895€533▼ 40.5%
Plant, machinery and equipment23-€1,309€568€895€533▼ 40.5%
Current assets29/58€64,303€84,265€108,515€104,688€115,110▲ 10.0%
Amounts receivable within one year40/41€0--€2,999€5,026▲ 67.6%
Trade receivables40----€1,405-
Other amounts receivable41---€2,999€3,620▲ 20.7%
Cash at bank and in hand54/58€63,929€83,931€108,216€101,580€109,189▲ 7.5%
Deferred charges and accrued income490/1-€334€300€108€896▲ 729%
Equity and liabilities
Total equity and liabilities10/49€65,654€85,574€109,083€105,583€115,643▲ 9.5%
Equity10/15€58,434€74,679€103,151€26,742€28,676▲ 7.2%
Contributions10/11-€5,000€5,000€5,000€5,000=
Reserves13€53,430€69,675€98,146€21,737€23,672▲ 8.9%
Distributable reserves133-€69,675€98,146€21,737€23,672▲ 8.9%
Profit (loss) carried forward14€4€4€4€4€4=
Amounts payable17/49€7,219€10,895€5,932€78,841€86,967▲ 10.3%
Amounts payable within one year42/48€7,219€10,895€5,932€78,841€86,967▲ 10.3%
Trade debts44€226€2,346€460€1,493€1,880▲ 25.9%
Suppliers440/4-€2,346€460€1,493€1,880▲ 25.9%
Taxes, remuneration and social security45-€4,513€4,552€0--
Taxes450/3-€4,513€4,552€0--
Other amounts payable47/48-€4,036€920€77,348€85,087▲ 10.0%
Line20212022202320242025Change
Profit (loss) for the period9904€12,089€16,245€28,471€13,591€10,081▼ 25.8%
+ Depreciation and write-downs630€269€647€742€474€362▼ 23.5%
Operating cash flow (approximation)€12,358€16,892€29,213€14,065€10,443▼ 25.8%
Investment in fixed assets (approximation)--€605€0-€801€0▲ 100%
Change in cash-€20,002€24,285-€6,636€7,609▲ 215%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
05-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €10,081 ▼25.8%
Net result drops to €10,081, the lowest in the series.
04-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
03-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Liquidity doublescurrent ratio 18.29
Current ratio from 7.73 to 18.29; short-term debt falls from €10,895 to €5,932.
30-06
Financial Equity above €100,000Eq €103,151 ▲38.1%
4 profitable years in a row build equity to €103,151.
03-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
12-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Liquidity doublescurrent ratio 8.91
Current ratio from 4.02 to 8.91; short-term debt falls from €15,331 to €7,219.
21-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
285 m²
Building footprint
283 m²
Volume, LiDAR
2,562 m³
Parcel 24502C0312/00Z002, Flanders · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
KINEvolution
Parkstraat 44, 3000 LeuvenHuman health activities
since 20192.298.524.371
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24502C0312/00Z002 Flanders 285 m² 1 · 283 m² 17.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded13-12-2019
Fiscal year end30-06
Contact
E-mail kinevolution@hotmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0739553338
Also 9925:BE0739553338
Registered 24-11-2023

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.