Equity
Equity fell by 98% in 3 years.
Equity fell by 98% in 3 years.
The micro format states no turnover.
Short-term debts rose from €3,279 to €30,294.
The last five annual accounts were filed 30 to 59 days before the end of the period.
Less equity than 95% of companies in human health. Sector median €124,612 · 20,738 companies.
The dashed line is the sector median: < 0.1% across 24,173 companies (NACE 86, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 8% of them on solvency, 20% on liquidity, 80% on profitability and 4% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
In July 2024, 2,153 companies had the same profile as Alissa Picchioni has now. Each dot stands for 6 companies, two years later.
The bankruptcy probability of Alissa Picchioni itself is lower: < 0.1% within 12 months. It rests on far more data about Alissa Picchioni than the profile alone.
The method was tested on the 497,446 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 2,153 companies, not a prediction for Alissa Picchioni. 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.
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.
The company filed its last 6 accounts on average 37 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.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Alissa Picchioni Kortrijk | €31,294 | €42,103 | 3.2% | - |
| AERTS OSTEO THERAPY Uccle | €23,619 | €34,285 | 10.4% | - |
| CAUSOCARE Schilde | €83,458 | €60,945 | 78.8% | - |
| PRAKTIJK STIEVEN GALLE Zulte | €44,083 | €45,933 | 77.3% | - |
| THOMSON D.O. Bertrix | €86,903 | €37,679 | 31.0% | - |
| BodySym Hoegaarden | €102,430 | €51,245 | 52.3% | - |
| PHYSIO PLUS Schaerbeek | €49,509 | €45,707 | 71.0% | - |
These companies have their main activity in the same NACE class as Alissa Picchioni: human health activities (NACE 8696). With exactly the same main activity (NACE 86963), too few companies are of comparable size. They are comparable in size and age: total assets between €23,600 and €102,000, founded between 2020 and 2025.
Alissa Picchioni files the micro format. That format states no turnover. The gross margin rose from €21,004 in 2020 to €42,103 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
See how customers, suppliers and banks see your own company and what to improve first.
If something looks wrong or is missing, please tell us.