Equity
€69,473 ▲ 12.7%
ADAPT2IMPROVE paid out €20,000 in dividends. That is 72% of the 2025 profit.
ADAPT2IMPROVE
Overview
Lifetime
4 annual accounts with figures on one time axispeak €38,996 (2025)
€38,996▲ 0.5%
peak €27,915 (2024)
€27,848▼ 0.2%
peak €69,473 (2025)
€69,473▲ 12.7%
€24,063▲ 168%
Board1 name since 2022
1 directorCOLSON Karen Ann Patrick
Documentsfilings and deeds
02-04-2026120 days before the deadline
2025micro format
Dividend €20,000Equity from €61,625 to €69,473Debts from €8,990 to €24,063Cash from €63,490 to €85,287
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 68% of micro companies in human health (NACE 86)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 24,185 companies (NACE 86, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: 0.1%▲ +0.1 percentage points vs 04-2025highest value
06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Human health activities (NACE 86)
Liquidity: current ratio 3.61, cash €85,287
Equity €69,473 (74.3% of total assets)
Size: total assets €93,536
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro). It does better than 63% of them on solvency, 75% on liquidity, 80% on profitability and 56% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as ADAPT2IMPROVE has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ADAPT2IMPROVE itself is lower: < 0.1% within 12 months. It rests on far more data about ADAPT2IMPROVE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for ADAPT2IMPROVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.61 (7.47 in 2024), above the usual 1.5. Short-term debt is 25.7% and cash 91.2% of total assets. 25.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-04-2026, 120 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
120 days early
2024
9 days early
2023
8 days late
2022
41 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 41 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 July (3 of the last 4 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783817606
Registered office moved from Pelt to Lebbeke
New registered office: Brusselsesteenweg 86A te 9280 Lebbeke · Previous registered office: Broesveldstraat 31 bus 6 te 9310 Pelt · General meeting of 21-04-2023 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: COLSON Karen Ann Patrick · Appointment: COLSON Karen Ann Patrick (director) · published on 29-03-2022 · Gazette deed
First establishment
Brusselsesteenweg 86, Lebbeke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ADAPT2IMPROVE Lebbeke | €93,536 | €38,996 | 74.3% | - |
| Logopedie Dendermondig Dendermonde | €87,575 | €39,355 | 94.2% | - |
| Kevin Coulier Nieuwpoort | €95,177 | €36,702 | 98.0% | - |
| CABINET VANDERMEEREN Remicourt | €101,440 | €37,679 | 37.5% | - |
| DE LESSIUS Brecht | €87,671 | €38,240 | 15.9% | - |
| C.D.P.O. Donceel | €98,220 | €41,598 | 7.9% | - |
| KINESIPOD Gembloux | €87,122 | €40,839 | 28.5% | - |
These companies have the same main activity as ADAPT2IMPROVE: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €87,100 and €101,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 25-03-2022Normal situation
- Activity
- PhysiotherapyNACE 86951
- Establishment unit
- 2.330.164.8809280 Lebbeke, since 25-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 16-05-2026
Annual accounts 2025
- €38,996▲ 0.5%
- €27,848▼ 0.2%
- €69,473▲ 12.7%
- €93,536▲ 32.5%
- Filing
- Filed on 02-04-2026, 120 days before the end of the filing period
Insights on ADAPT2IMPROVE
ADAPT2IMPROVE files the micro format. That format states no turnover. The gross margin rose from €30,317 in 2022 to €38,996 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 02-04-2026, 120 days before the deadline€38,996
▲ 0.5%
€35,054
▼ 0.4%
€27,848
▼ 0.2%
€62,806
▲ 13.9%
74.3%
▼ 13.0 percentage points
3.61
▼ 3.86
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €90,000 and €170,000.
Balance sheet
balance sheet total €93,536 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
74.3%
Higher than 62% of 20,764 companies in 2025.
3.61
Higher than 59% of 20,339 companies in 2025.
29.8%
Higher than 64% of 20,620 companies in 2025.
ADAPT2IMPROVE
Middle half of the sector
80% of the sector
Micro accounts in human health (NACE 86)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
93,536 | 70,615 | 38,683 | 34,721 | |
21/28 |
6,667 | 6,944 | 7,759 | 2,954 | |
22/27 |
4,507 | 4,784 | 5,599 | 2,894 | |
23 |
2,304 | 3,029 | 3,143 | - | |
24 |
2,203 | 1,755 | 2,456 | 2,894 | |
28 |
2,160 | 2,160 | 2,160 | 60 | |
29/58 |
86,869 | 63,671 | 30,924 | 31,767 | |
40/41 |
1,470 | - | - | 6,183 | |
40 |
- | - | - | 6,183 | |
41 |
1,470 | - | - | - | |
54/58 |
85,287 | 63,490 | 30,598 | 25,584 | |
490/1 |
112 | 181 | 326 | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
93,536 | 70,615 | 38,683 | 34,721 | |
10/15 |
69,473 | 61,625 | 33,710 | 24,922 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | |
14 |
66,473 | 58,625 | 30,710 | 21,922 | |
17/49 |
24,063 | 8,990 | 4,973 | 9,799 | |
42/48 |
24,063 | 8,523 | 4,973 | 9,799 | |
44 |
2,016 | 37 | 1,407 | 1,996 | |
440/4 |
2,016 | 37 | 1,407 | 1,996 | |
45 |
2,047 | 8,442 | 3,470 | 7,706 | |
450/3 |
447 | 7,442 | 2,470 | 6,006 | |
454/9 |
1,600 | 1,000 | 1,000 | 1,700 | |
47/48 |
20,000 | 44 | 97 | 97 | |
492/3 |
- | 467 | - | - | |
| Income statement | |||||
9900 |
38,996 | 38,785 | 13,592 | 30,317 | |
630 |
1,777 | 1,708 | 1,219 | 1,485 | |
640/8 |
2,165 | 1,868 | 1,292 | 701 | |
9901 |
35,054 | 35,209 | 11,081 | 28,131 | |
75/76B |
0 | 0 | 0 | - | |
75 |
0 | 0 | 0 | - | |
65/66B |
71 | 80 | 54 | 204 | |
65 |
71 | 80 | 54 | 204 | |
9903 |
34,983 | 35,129 | 11,027 | 27,927 | |
67/77 |
7,135 | 7,214 | 2,239 | 6,006 | |
9904 |
27,848 | 27,915 | 8,788 | 21,922 | |
9905 |
27,848 | 27,915 | 8,788 | 21,922 | |
| Appropriation of the result | |||||
9906 |
86,473 | 58,625 | 30,710 | 21,922 | |
14P |
58,625 | 30,710 | 21,922 | - | |
694/7 |
20,000 | - | - | - | |
694 |
20,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 02-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2025, 4 entries, €1,058 awarded, €937 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €312 | €312 |
| 2024 | 1 | €182 | €182 |
| 2023 | 1 | €370 | €249 |
| 2022 | 1 | €194 | €194 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 36,831 | 36,917 | 12,300 | 29,617 | ||
| 29,625 | 29,623 | 10,007 | 23,407 | ||
| 1,500 | 893 | 6,024 | 3,439 | ||
| 21,797 | 32,892 | 5,014 | - | ||
| 62,806 | 55,148 | 25,950 | 21,968 | ||
| 74.3% | 87.3% | 87.1% | 71.8% | ||
| 3.61 | 7.47 | 6.22 | 3.24 | ||
| 0.35 | 0.15 | 0.15 | 0.39 | ||
| 40.1% | 45.3% | 26.1% | 88.0% | ||
| 29.8% | 39.5% | 22.7% | 63.1% | ||
| over 100 | over 100 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,500 | €893 | €3,924 | €3,379 |
| Financial fixed assets | - | - | €2,100 | €60 |
| €1,777 | €1,708 | €1,219 | €1,485 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on ADAPT2IMPROVE
The operating result for 2025 is 0% lower than in 2024.
Debt's share of the balance-sheet total rises from 12.7% to 25.7%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 29-03-2022
term for the life of the company
listed in the 2025 annual accounts, filed on 02-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 29-03-2022
Mandates through the years
1 name, the dashed line is todayCOLSON Karen Ann Patrick
Director
Director
Board
Mandates as a list
- COLSON Karen Ann Patrick
- Director, from 24-03-2022 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €695 in 2025
- Source
- deed of 29-03-2022
Articles of association
deed of 29-03-2022 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
Shareholders
At incorporation
deed of 29-03-2022 ↗
- COLSON Karen Ann Patrick 100 shares (100%) · €3,000
Network & group
No group
ADAPT2IMPROVE has no parent and no holdings in its annual accounts. COLSON Karen Ann Patrick is the only director. ADAPT2IMPROVE shares no director with another company.
Timeline
Timeline
10 events since 2022Filings
Financial
Establishments
Address
20222023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0783817606
Annual accounts 2025 filed PDFmicro format · 120 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 9 days before the deadline
2024
Highest result from 2022 to 2025 net €27,915 ▲218% The operating result of €35,209 and the net result of €27,915 are both a record.
Annual accounts 2023 filed PDFmicro format · 8 days late
2023
Weakest financial year net €8,788 ▼59.9% The net result drops to €8,788, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 41 days before the deadline
Registered office moved from Pelt to LebbekeNew registered office: Brusselsesteenweg 86A te 9280 Lebbeke · Previous registered office: Broesveldstraat 31 bus 6 te 9310 Pelt · General meeting of 21-04-20232 points ▸
- General meeting, 21-04-2023
- Registered-office move, Brusselsesteenweg 86A te 9280 Lebbeke
2022
IncorporationFounding capital of €3,000, 100 shares · Founder: COLSON Karen Ann Patrick · Appointment: COLSON Karen Ann Patrick (director) · published on 29-03-20224 points ▸
- Founder, COLSON Karen Ann Patrick
- Founding capital, €3,000, 100 shares
- Registered office clause, Broesveldstraat 31 bus 6, 3910 Pelt
- Director appointment, COLSON Karen Ann Patrick
- The deed holds 6 more points.
First establishment Brusselsesteenweg 86, Lebbeke
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 25 March 2022, ADAPT2IMPROVE was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2023 the registered office moved to Lebbeke.3 COLSON Karen Ann Patrick is director of the company, appointed by deed of 29-03-2022.2 Total assets went from €34,721 in 2022 to €93,536 in 2025.4
Company details
Identity
- Enterprise number
- 0783.817.606
- VAT number
- BE 0783.817.606
- Peppol ID
- 0208:0783817606
- Other Peppol ID
- 9925:BE0783817606
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-03-2022
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 29-03-2022 (in Dutch)
- Peppol
- Reachable since 16-05-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ADAPT2IMPROVE in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 29-03-2022 (in Dutch)
- Name clauseThe company operates under this name according to its articles.
- ADAPT2IMPROVEdeed of 29-03-2022 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 29-03-2022 (in Dutch)
Activities
NACEBEL 202586951
Physiotherapy main activity
Codes under NACEBEL 2008
86905
Human health activities main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitoefenen van het beroep van kinesitherapie; Het inrichten van algemene diensten en een medisch secretariaat in het bijzonder die…”deed of 29-03-2022 (in Dutch)
13 activities
- Het uitoefenen van het beroep van kinesitherapie;
- Het inrichten van algemene diensten en een medisch secretariaat in het bijzonder die nuttig of nodig zijn voor de uitoefening van voormelde activiteit.
- De aankoop,huren en/of leasen van alle medische apparatuur en begeleidende accommodaties,inclusief gebouwen,kortom van een volledige materiële infrastructuur,om de activiteit uit te oefenen;
- Het scheppen van mogelijkheden om de werkende kinesisten toe te laten zich verder te bekwamen in de kinesitherapie,dit teneinde een kwalitatief hoogstaande praktijkuitoefening mogelijk te maken;
- Het uitoefenen van het beroep van osteopathie,revalidatie,personal coach,fitnessintructeur,sportbegeleider,medische begeleiding,geven van trainingen;
- Het uitbaten van welness centra,fitnesscentra,sportcentra;
- Het geven van workshops en advies m.b.t. gezondheid en fitness;
- Verkoop van medische en orthopedische artikelen,voedings- en genotsmiddelen;
- Het aangaan van medische samenwerkingsverbanden;
- Onderneming in onroerende goederen,welke onder meer omvat: de verwerving,de vervreemding,het beheer,de uitbating,de valorisatie,de verkaveling,de ordening,de huur en de verhuur,het doen bouwen en verbouwen,de procuratie,bouwpromotie,projectontwikkeling,onroerende leasing en roerende leasing
- De vennootschap mag zich borgstellen en onroerende goederen in pand geven of hypothekeren voor verbintenissen door derde personen aangegaan.
- Zij mag eveneens al haar andere goederen,met inbegrip van het handelsfonds,in pand geven en aval verlenen in het voordeel van derden.
- Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen: in de meest ruime betekenis,het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborg,plaatsing,verhandeling of anderszins,alsmede het verwezenlijken van om het even welke verrichting inzake portefeuille- of kapitaalbeheer.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 86A registered office 9280 Lebbeke | ||
| Brusselsesteenweg 86 9280 Lebbeke | 25-03-2022 | 2.330.164.880 |
1 former office
- Broesveldstraat 31 bus 6, 9310 Pelt until 01-05-2023 · deed of 22-05-2023
Buildings and parcels at the address
- Ground area
- 760 m²
- Buildings
- 644 m²
- Volume, LiDAR
- 5,246 m³
- Tallest building
- 13.0 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42011B0330/02W000 | 760 m² | 1 · 644 m² | 13.0 m · 3 |
Contact
E-mail
colsonkaren@hotmail.com establishment in Lebbeke