Kinévolution Waterloo
ActiveSummary
Kinévolution Waterloo has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€16,231) and a net result of €1,134. Its solvency ranks better than 9% of 14173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▲+54
Solvency0=
Growth85
Track record82
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 5.77 against 0.19 in 2024; short-term debt: 8% and cash: 8.8% of total assets), but equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-36.4%
Return on assets
2.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 14173 sector peers (2025).
NBB · sector comparisonPosition among 14173 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
27 d late
2024
152 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 90 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€73,194▲ 275%
2024 · €19,499
EBIT margin
3.5%▲ 109.1pp
2024 · -105.6%
Net result
€1,134
2024 · -€21,365
Working capital
€17,077
2024 · -€44,471
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
Line20242025
Turnover€19,499-€73,194▲ 275%
Operating result-€20,588-€2,588
Net result-€21,365-€1,134
EBIT margin-105.6%-3.5%▲ 109.1pp
Equity-€17,365--€16,231▲ 6.5%
Total assets€37,820-€44,626▲ 18.0%
Debt€55,185-€60,857▲ 10.3%
Working capital-€44,471-€17,077
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2,588 after a loss of €20,588 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,626
Fixed assets
€23,966 ▼ 11.6%
Current assets
€20,660 ▲ 92.8%
Key figures and ratios
EBITDA
€5,728▲
2024 · -€19,444
Cash flow
€4,274▲
2024 · -€20,221
Solvency
-36.4%▲
2024 · -45.9%
Current ratio
5.77▲
2024 · 0.19
Debt to equity
-3.75▼
2024 · -3.18
ROA
2.5%▲
2024 · -56.5%
Interest coverage
3.94▲
2024 · -25.02
Debt ≤ 1 year
€3,583▼
2024 · €55,185
Debt > 1 year
€57,274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €19,499 | €73,194 | ▲ 275% |
| Goods, raw materials, services and sundry goods60/61 | €38,945 | €67,382 | ▲ 73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,144 | €3,140 | ▲ 174% |
| Other operating charges640/8 | - | €84 | - |
| Gross operating margin9900 | -€19,444 | €5,812 | ▲ 130% |
| Operating profit (loss)9901 | -€20,588 | €2,588 | ▲ 113% |
| Financial charges65/66B | €777 | €1,454 | ▲ 87.1% |
| Recurring financial charges65 | €777 | €1,454 | ▲ 87.1% |
| Profit (loss) for the period before taxes9903 | -€21,365 | €1,134 | ▲ 105% |
| Profit (loss) for the period9904 | -€21,365 | €1,134 | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | -€21,365 | €1,134 | ▲ 105% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €37,820 | €44,626 | ▲ 18.0% |
| Fixed assets21/28 | €27,106 | €23,966 | ▼ 11.6% |
| Tangible fixed assets22/27 | €27,106 | €23,966 | ▼ 11.6% |
| Furniture and vehicles24 | €27,106 | €23,966 | ▼ 11.6% |
| Current assets29/58 | €10,714 | €20,660 | ▲ 92.8% |
| Amounts receivable after more than one year29 | - | €8,550 | - |
| Trade receivables290 | - | €8,550 | - |
| Amounts receivable within one year40/41 | €6,541 | €8,183 | ▲ 25.1% |
| Trade receivables40 | €4,888 | €3,750 | ▼ 23.3% |
| Other amounts receivable41 | €1,653 | €4,433 | ▲ 168% |
| Cash at bank and in hand54/58 | €4,173 | €3,927 | ▼ 5.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €37,820 | €44,626 | ▲ 18.0% |
| Equity10/15 | -€17,365 | -€16,231 | ▲ 6.5% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | -€21,365 | -€20,231 | ▲ 5.3% |
| Amounts payable17/49 | €55,185 | €60,857 | ▲ 10.3% |
| Amounts payable after more than one year17 | - | €57,274 | - |
| Financial debts170/4 | - | €57,274 | - |
| Amounts payable within one year42/48 | €55,185 | €3,583 | ▼ 93.5% |
| Trade debts44 | - | €1,743 | - |
| Suppliers440/4 | - | €1,743 | - |
| Taxes, remuneration and social security45 | - | €1,840 | - |
| Taxes450/3 | - | €1,840 | - |
| Other amounts payable47/48 | €55,185 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€21,365 | €1,134 | ▲ 105% |
| + Depreciation and write-downs630 | €1,144 | €3,140 | ▲ 174% |
| Operating cash flow (approximation) | -€20,221 | €4,274 | ▲ 121% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€246 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €1,134
Net result €1,134 after one loss-making year.
31-12
Financial
Liquidity times 30current ratio 5.77
Current ratio from 0.19 to 5.77; short-term debt falls from €55,185 to €3,583.
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2024
Ground area
7,207 m²
Building footprint
335 m²
Volume, LiDAR
2,506 m³
Parcel 25016D0199/00P000, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kinévolution Waterloo
since 20242.364.414.293
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25016D0199/00P000 | Wallonia | 7,207 m² | 1 · 335 m² | 9.9 m · 2 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
77210Renting and leasing of sports and recreation goods
86951Physiotherapy
Scores and ratios are computed by Checked and are not a credit decision.