VP KINE
The computed 12-month bankruptcy probability of VP KINE is 4.8% (elevated). The 2025 annual accounts show negative equity (€-32k) and a net result of €-19k. Equity is shrinking by ~144.1% per year across the filed fiscal years. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-32k |
| Net result | €-19k |
| Active | 3 yrs |
| Publications | 2 |
Mixed profile: strong on stability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2025 |
|---|---|
| Revenue | €86k |
| EBITDA | €28k |
| Net profit | €-19k |
| Cash flow | €14k |
| Staff costs | €275 |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €171k |
| Equity | €-32k |
| Debt | €203k |
| of which ≤ 1y | €177k |
| of which > 1y | €26k |
| Working capital | €-162k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.08 |
| Quick ratio | 0.08 |
| Working capital ratio | -94.9% |
| Solvency | -18.7% |
| Debt / equity | -6.36 |
| Long-term debt ratio | -0.83 |
| Interest coverage | 2.69 |
| Gross margin | 33.8% |
| Net margin | -22.3% |
| ROA | -11.2% |
| ROE | 60.2% |
| EBITDA margin | 32.4% |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €171k |
| Fixed assets | 21/28 | €156k |
| Formation expenses | 20 | €866 |
| Intangible fixed assets | 21 | €116k |
| Tangible fixed assets | 22/27 | €40k |
| Current assets | 29/58 | €14k |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €171k |
| Equity | 10/15 | €-32k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-35k |
| Amounts payable | 17/49 | €203k |
| Amounts payable after one year | 17 | €26k |
| Amounts payable within one year | 42/48 | €177k |
| Income statement | ||
| Turnover | 70 | €86k |
| Gross operating margin | 9900 | €29k |
| Operating result | 9901 | €-5k |
| Financial charges | 65 | €10k |
| Result before taxes | 9903 | €-16k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €-19k |
| Result to be appropriated | 9905 | €-19k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 13-06-2023 |
| Status | Active |
| Postal code | 6833 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84071A0141/00A000 | Wallonia | 169 m² | 1 · 273 m² | 8.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-03-2026 Registered office moved to Ucimont
- 6833 Ucimont, Chemin de la Bioce, 2
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": null,
"old_address": {
"raw": "Rue du Tabac,Frahan 9\n6830 Bouillon",
"city": "Bouillon",
"region": "waals_gewest",
"street": "Rue du Tabac",
"country": "BE",
"postcode": "6830",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
},
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "6833 Ucimont, Chemin de la Bioce, 2",
"city": "Ucimont",
"region": "waals_gewest",
"street": "Chemin de la Bioce",
"country": "BE",
"postcode": "6833",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"old_address": null,
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": "Caroline BOUILLON",
"firm_city": null,
"firm_name": null,
"office_city": "Bouillon",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-03-31",
"filing_date": "2026-03-27",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2026-03-11",
"unanimous": true
},
"subject_company": {
"kbo": "0802.691.925",
"name_full": "VP KINE",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Caroline BOUILLON",
"org_rep_person_name": null,
"person_role_at_subject": "Notaire"
},
"co_filed_documents": [
"exp\u00E9dition conforme d\u00E9livr\u00E9e avant enregistrement",
"statuts coordonn\u00E9s"
]
}15-06-2023 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "6830 FRAHAN (Bouillon), rue du Tabac, 9",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1995-02-10",
"name": "Madame VACCARELLO Pauline",
"niss": null,
"address": "6830 FRAHAN, rue du Tabac, 9"
},
"share_class": "actions",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "Madame VACCARELLO Pauline",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0802.691.925",
"name_full": "VP KINE",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2023-06-05",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | VP KINE |