Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Kinekur from Vorselaar, company number BE0793795144, closed financial year 2025 with a result of € 859 after tax. For that financial year Kinekur recorded a gross margin of € 6,648 and equity of € 1,500. Compared with financial year 2024, the result moved from € 5,498 to € 859. The company is profitable. The buffer shrank hard: equity is 87 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1,500
▼ 87% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 859
▼ 84% vs 2024
Profit after tax over the fiscal year.
€ 6,070
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 11,298 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 586
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5,515
▼ 45% vs 2024
€ 3,134 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,652
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,086
▲ 36% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,096 | € 9,019 | € 12,176 | € 6,648 | ▼ 45% |
| Profit after taxes | € 1,234 | € 3,707 | € 5,498 | € 859 | ▼ 84% |
| Equity | € 2,734 | € 6,441 | € 11,939 | € 1,500 | ▼ 87% |
| Total debts | € 2,587 | € 31,382 | € 29,995 | € 35,140 | ▲ 17% |
| Cash | € 5,320 | € 8,809 | € 15,502 | € 6,070 | ▼ 61% |
| Retained profit | € 1,234 | € 4,941 | € 10,439 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 0 | € 11,298 | |
| Bank debt | € 0 | € 15,153 | € 10,117 | € 5,515 | ▼ 45% |
| Balance sheet total | € 5,320 | € 37,823 | € 41,934 | € 36,640 | ▼ 13% |
Key figures of Kinekur, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Kinekur?
What happened at Kinekur in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 859 (▼ 84% vs 2024). Source: NBB ↗
- New establishment in Vorselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,234 profit in 2022 to € 859 profit in 2025.
Paid € 5,338 in corporate taxes since 2022.
Best year ever: 2024, with € 5,498 profit.
Paid out € 11,298 in dividends to the owners in total.
Management
Behind Kinekur is Michiel Pirlot.
Directors
According to the 2025 annual accounts
Michiel Pirlot
Director
Establishments
Establishment units
Physical locations of this company
Schransstraat 2
2290 Vorselaar
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0793.795.144
- VAT number
- BE 0793.795.144
- Registered office
- Schransstraat 2, 2290 Vorselaar
- Names & denominations
- Kinekur
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2022
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
Activiteiten op het gebied van kinesitherapie
Ambulante revalidatieactiviteiten
Overige vormen van onderwijs