Qinemotion
ActiveSummary
Qinemotion has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95,185 and a net result of €15,230. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 13% of 2372 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-47
Solvency33▼-20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.99 in 2024; short-term debt: 44.7% and cash: 7% of total assets), and 91.7% of the assets are financed with debt.
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Signals
Six 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
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
8.3%
Return on assets
1.3%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2372 sector peers (2025).
NBB · sector comparisonPosition among 2372 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
26 d late
2024
31 d early
2023
1 d early
2022
4 d early
2021
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 9 days before 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 27 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Equity
€95,185▲ 0.2%
2024 · €94,954
Total assets
€1.1m▲ 234%
2024 · €342,352
Net result
€15,230▼ 76.9%
2024 · €66,036
Working capital
-€348,073▼ 28,272%
2024 · -€1,227
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€80,559-€43,473▼ 46.0%€48,385▲ 11.3%€87,111▲ 80.0%€22,739▼ 73.9%
Net result€59,585within the sector's middle half-€34,033within the sector's middle half▼ 42.9%€38,300within the sector's middle half▲ 12.5%€66,036within the sector's middle half▲ 72.4%€15,230below the sector's middle half▼ 76.9%
Equity€60,585below the sector's middle half-€94,618below the sector's middle half▲ 56.2%€94,919below the sector's middle half▲ 0.3%€94,954below the sector's middle half=€95,185within the sector's middle half▲ 0.2%
Total assets€135,645below the sector's middle half-€212,116below the sector's middle half▲ 56.4%€264,426below the sector's middle half▲ 24.7%€342,352below the sector's middle half▲ 29.5%€1.1mwithin the sector's middle half▲ 234%
Debt€75,060-€117,498▲ 56.5%€169,508▲ 44.3%€247,397▲ 46.0%€1.0m▲ 323%
Working capital€7,775below the sector's middle half-€20,821below the sector's middle half▲ 168%-€7,199below the sector's middle half-€1,227below the sector's middle half▲ 83.0%-€348,073below the sector's middle half▼ 28,272%
Solvency44.7%within the sector's middle half-44.6%within the sector's middle half▼ 0.1pp35.9%within the sector's middle half▼ 8.7pp27.7%below the sector's middle half▼ 8.2pp8.3%below the sector's middle half▼ 19.4pp
Current ratio1.15below the sector's middle half-1.35below the sector's middle half▲ 0.200.93below the sector's middle half▼ 0.420.99below the sector's middle half▲ 0.070.32below the sector's middle half▼ 0.68
Return on assets (ROA)43.9%above the sector's middle half-16.0%within the sector's middle half▼ 27.9pp14.5%within the sector's middle half▼ 1.6pp19.3%within the sector's middle half▲ 4.8pp1.3%below the sector's middle half▼ 18.0pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€980,652 ▲ 513%
Current assets
€162,236 ▼ 11.0%
Equity and liabilities €1.1m
Equity
€95,185 ▲ 0.2%
Debt
€1.0m ▲ 323%
Debt's share of the balance-sheet total rises from 72.3% to 91.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73,183▼
2024 · €136,072
Cash flow
€65,674▼
2024 · €114,996
Debt to equity
11.01▲
2024 · 2.61
ROE
16.0%▼
2024 · 69.5%
Interest coverage
3.08▼
2024 · 28.24
Debt ≤ 1 year
€510,309▲
2024 · €183,507
Debt > 1 year
€524,796▲
2024 · €55,420
Income taxes
€128▼
2024 · €16,258
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,599 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
1.6%
went bankrupt
1.7%
stopped otherwise
96%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 1,599 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,473 | €27,204 | €45,974 | €48,961 | €50,443 | ▲ 3.0% |
| Other operating charges640/8 | - | €1,139 | €1,088 | €1,364 | €1,695 | ▲ 24.3% |
| Gross operating margin9900 | €101,032 | €71,817 | €95,447 | €137,436 | €74,877 | ▼ 45.5% |
| Operating profit (loss)9901 | €80,559 | €43,473 | €48,385 | €87,111 | €22,739 | ▼ 73.9% |
| Financial income75/76B | - | €1 | €302 | €1 | €16,375 | ▲ 1,670,840% |
| Recurring financial income75 | - | €1 | €302 | €1 | €16,375 | ▲ 1,670,840% |
| Financial charges65/66B | - | €943 | €3,161 | €4,818 | €23,756 | ▲ 393% |
| Recurring financial charges65 | €1,222 | €943 | €3,161 | €4,818 | €23,756 | ▲ 393% |
| Profit (loss) for the period before taxes9903 | €79,337 | €42,531 | €45,527 | €82,294 | €15,358 | ▼ 81.3% |
| Income taxes67/77 | €19,752 | €8,499 | €7,226 | €16,258 | €128 | ▼ 99.2% |
| Profit (loss) for the period9904 | €59,585 | €34,033 | €38,300 | €66,036 | €15,230 | ▼ 76.9% |
| Profit (loss) for the period to be appropriated9905 | €59,585 | €34,033 | €38,300 | €66,036 | €15,230 | ▼ 76.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €135,645 | €212,116 | €264,426 | €342,352 | €1.1m | ▲ 234% |
| Fixed assets21/28 | €75,218 | €131,341 | €174,174 | €160,071 | €980,652 | ▲ 513% |
| Tangible fixed assets22/27 | €75,218 | €131,341 | €174,174 | €160,071 | €980,652 | ▲ 513% |
| Land and buildings22 | - | €15,766 | €29,262 | €25,864 | €673,019 | ▲ 2,502% |
| Plant, machinery and equipment23 | - | €113,512 | €105,956 | €104,491 | €282,573 | ▲ 170% |
| Furniture and vehicles24 | - | €2,063 | €38,956 | €29,716 | €25,060 | ▼ 15.7% |
| Current assets29/58 | €60,427 | €80,775 | €90,252 | €182,281 | €162,236 | ▼ 11.0% |
| Amounts receivable within one year40/41 | €553 | €7,254 | €17,411 | €10,859 | €14,197 | ▲ 30.7% |
| Trade receivables40 | - | €252 | €6,576 | €1,618 | €1,325 | ▼ 18.1% |
| Other amounts receivable41 | - | €7,001 | €10,835 | €9,242 | €12,872 | ▲ 39.3% |
| Current investments50/53 | - | €1,942 | €25,285 | €42,848 | €66,018 | ▲ 54.1% |
| Cash at bank and in hand54/58 | €59,874 | €69,908 | €34,795 | €124,383 | €79,890 | ▼ 35.8% |
| Deferred charges and accrued income490/1 | - | €1,672 | €12,762 | €4,191 | €2,131 | ▼ 49.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €135,645 | €212,116 | €264,426 | €342,352 | €1.1m | ▲ 234% |
| Equity10/15 | €60,585 | €94,618 | €94,919 | €94,954 | €95,185 | ▲ 0.2% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €59,585 | €93,618 | €93,919 | €93,954 | €94,185 | ▲ 0.2% |
| Distributable reserves133 | - | €93,618 | €93,919 | €93,954 | €94,185 | ▲ 0.2% |
| Amounts payable17/49 | €75,060 | €117,498 | €169,508 | €247,397 | €1.0m | ▲ 323% |
| Amounts payable after more than one year17 | €16,963 | €53,308 | €66,309 | €55,420 | €524,796 | ▲ 847% |
| Financial debts170/4 | - | €53,308 | €66,309 | €55,420 | €524,796 | ▲ 847% |
| Amounts payable within one year42/48 | €52,652 | €59,955 | €97,451 | €183,507 | €510,309 | ▲ 178% |
| Current portion of amounts payable after more than one year42 | - | €13,655 | €20,575 | €23,760 | €44,893 | ▲ 88.9% |
| Trade debts44 | €21,049 | €38,192 | €21,859 | €30,832 | €67,350 | ▲ 118% |
| Suppliers440/4 | - | €38,192 | €21,859 | €30,832 | €67,350 | ▲ 118% |
| Advances received on contracts in progress46 | - | - | - | - | €18,445 | - |
| Taxes, remuneration and social security45 | - | - | €5,848 | €10,568 | €4,500 | ▼ 57.4% |
| Taxes450/3 | - | - | €5,848 | €10,568 | €4,500 | ▼ 57.4% |
| Other amounts payable47/48 | - | €8,108 | €49,169 | €118,347 | €375,120 | ▲ 217% |
| Accrued charges and deferred income492/3 | - | €4,235 | €5,748 | €8,470 | €12,599 | ▲ 48.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59,585 | €34,033 | €38,300 | €66,036 | €15,230 | ▼ 76.9% |
| + Depreciation and write-downs630 | €20,473 | €27,204 | €45,974 | €48,961 | €50,443 | ▲ 3.0% |
| Operating cash flow (approximation) | €80,058 | €61,237 | €84,274 | €114,996 | €65,674 | ▼ 42.9% |
| Investment in fixed assets (approximation) | - | -€83,326 | -€88,807 | -€34,858 | -€871,024 | ▼ 2,399% |
| Change in cash | - | €10,034 | -€35,113 | €89,588 | -€44,492 | ▼ 150% |
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
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
30-06
Financial
Weakest financial yearnet €15,230 ▼76.9%
Net result drops to €15,230, the lowest in the series.
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Highest result since 2021net €66,036 ▲72.4%
Operating result €87,111, net result €66,036, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gent · 2 establishment units since 2020
Ground area
2,118 m²
Building footprint
262 m²
Volume, LiDAR
1,325 m³
3 parcels, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Qinemotion
since 20202.298.991.159
QINEMOTION
since 20222.326.964.375
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006I0275/00S000 | Flanders | 815 m² | 1 · 195 m² | 10.1 m · 2 fl. |
| 44302F0881/00G000 | Flanders | 681 m² | 1 · 66 m² | 6.0 m · 2 fl. |
| 44017D0717/00H000 | Flanders | 622 m² | - | - |
Linked by address, not proof of ownership
Good to know
3 of 3 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
2024 · 1 entry · 1,090 EUR awarded · 1,090 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,090 EUR | 1,090 EUR |
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Of 12,698 companies in sector 86951 we hold annual accounts for 2,146. 1,876 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-01-2020
Fiscal year end30-06
Activities, NACEBEL 2025
86951Physiotherapy
47279Other retail sale of food
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Contact
Website
www.qinemotion.be
E-mail
qinemotion@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0741996352
Also
9925:BE0741996352
Registered
11-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.