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Kintsugi Psy

Active
Private limited companyfounded 2025active for 1 yearTinklaan 18, 1160 Oudergem, BelgiumKBO/BCE: BE 1027.014.323
Summary

Kintsugi Psy has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,500 and a net result of €8,164. The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

Equity
€3,500
Total assets
€19,673
Net result
€8,164
Working capital
€3,559

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Equity and liabilities €19,673
Equity €3,500
Debt €16,173
Debt finances 82.2% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.22
Debt to equity
4.62
ROE
233.3%
ROA
41.5%
Debt ≤ 1 year
€16,115
Income taxes
€2,206

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 2,390 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 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€19,673
Current assets29/58€19,673
Amounts receivable within one year40/41€6,603
Trade receivables40€6,603
Cash at bank and in hand54/58€11,971
Deferred charges and accrued income490/1€1,099
Equity and liabilities
Total equity and liabilities10/49€19,673
Equity10/15€3,500
Contributions10/11€3,500
Amounts payable17/49€16,173
Amounts payable within one year42/48€16,115
Trade debts44€4,182
Suppliers440/4€4,182
Taxes, remuneration and social security45€2,460
Taxes450/3€2,206
Remuneration and social security454/9€254
Other amounts payable47/48€9,472
Accrued charges and deferred income492/3€59
Income statement Code2025
Gross operating margin9900€10,405
Operating profit (loss)9901€10,405
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€10,370
Income taxes67/77€2,206
Profit (loss) for the period9904€8,164
Profit (loss) for the period to be appropriated9905€8,164
Appropriation of the result
Profit (loss) to be appropriated9906€8,164
Profit to be distributed694/7€8,164
Return on contributions (dividend)694€8,164

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900€10,405
Operating profit (loss)9901€10,405
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€10,370
Income taxes67/77€2,206
Profit (loss) for the period9904€8,164
Profit (loss) for the period to be appropriated9905€8,164
Line2025
Assets
Total assets20/58€19,673
Current assets29/58€19,673
Amounts receivable within one year40/41€6,603
Trade receivables40€6,603
Cash at bank and in hand54/58€11,971
Deferred charges and accrued income490/1€1,099
Equity and liabilities
Total equity and liabilities10/49€19,673
Equity10/15€3,500
Contributions10/11€3,500
Amounts payable17/49€16,173
Amounts payable within one year42/48€16,115
Trade debts44€4,182
Suppliers440/4€4,182
Taxes, remuneration and social security45€2,460
Taxes450/3€2,206
Remuneration and social security454/9€254
Other amounts payable47/48€9,472
Accrued charges and deferred income492/3€59
Line2025
Profit (loss) for the period9904€8,164
Operating cash flow (approximation)€8,164

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 15-07-2026 2026-00295325

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.