KINKI
ActiveSummary
The computed 12-month bankruptcy probability of KINKI is 5.9% (elevated). The 2025 annual accounts show negative equity (-€3,927) and a net result of -€3,218. Equity is shrinking by about 111% per year across the filed financial years. Its solvency ranks better than 5% of 5,649 sector peers (NACE 96, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €3,046 in 2025 against €3,815 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 84.9% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,638 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | - | €832 | €400 | ▼ 51.9% |
| Gross operating margin9900 | €332 | -€2,983 | -€2,646 | ▲ 11.3% |
| Operating profit (loss)9901 | €332 | -€3,815 | -€3,046 | ▲ 20.2% |
| Financial income75/76B | €4 | €0 | - | - |
| Recurring financial income75 | €4 | €0 | - | - |
| Financial charges65/66B | €12 | €94 | €172 | ▲ 83.2% |
| Recurring financial charges65 | €12 | €94 | €172 | ▲ 83.2% |
| Profit (loss) for the period before taxes9903 | €324 | -€3,908 | -€3,218 | ▲ 17.7% |
| Income taxes67/77 | €125 | - | - | - |
| Profit (loss) for the period9904 | €199 | -€3,908 | -€3,218 | ▲ 17.7% |
| Profit (loss) for the period to be appropriated9905 | €199 | -€3,908 | -€3,218 | ▲ 17.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €6,151 | €2,509 | €63 | ▼ 97.5% |
| Current assets29/58 | €6,151 | €2,509 | €63 | ▼ 97.5% |
| Amounts receivable within one year40/41 | - | - | €63 | - |
| Other amounts receivable41 | - | - | €63 | - |
| Cash at bank and in hand54/58 | €6,151 | €2,509 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €6,151 | €2,509 | €63 | ▼ 97.5% |
| Equity10/15 | €3,199 | -€710 | -€3,927 | ▼ 453% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €199 | -€3,710 | -€6,927 | ▼ 86.7% |
| Amounts payable17/49 | €2,952 | €3,219 | €3,990 | ▲ 24.0% |
| Amounts payable within one year42/48 | €2,952 | €3,219 | €3,990 | ▲ 24.0% |
| Trade debts44 | €545 | €291 | €260 | ▼ 10.6% |
| Suppliers440/4 | €545 | €291 | €260 | ▼ 10.6% |
| Advances received on contracts in progress46 | €650 | - | - | - |
| Taxes, remuneration and social security45 | €1,758 | €1,595 | €9 | ▼ 99.5% |
| Taxes450/3 | €1,758 | €1,595 | €9 | ▼ 99.5% |
| Other amounts payable47/48 | - | €1,333 | €3,721 | ▲ 179% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €199 | -€3,908 | -€3,218 | ▲ 17.7% |
| Operating cash flow (approximation) | €199 | -€3,908 | -€3,218 | ▲ 17.7% |
| Change in cash | - | -€3,642 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00205534 |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00200738 |
| 31-12-2023 | micro format | 13-06-2024 | 2024-00133986 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.