Financials
- Financial year
- 2025
- Total assets
- €59,463
- Profit
- €8,702
- Solvency
- 23.0%
Bilerma
ActiveSummary
Bilerma has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,702 and a net result of €8,702. Its solvency ranks better than 22% of 20,358 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Physiotherapy
NACE 86951
1 site
Size
€59,463total assets 2025
- Equity
- €13,702
- Profit
- €8,702
Turnover not published (micro format)
Structure
Accounts 25 days early
Why 92lowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 1.07, cash €12,979Figures for financial year 2025 (filed 06-07-2026)Size: total assets €59,463Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 37% of its sector peers (NACE 86, micro)
Financial strength
Strong
Solvency
48
equity 23.0% of total assets
Liquidity
70
short-term debt 22.1% · cash 21.8%
Profitability
87
return on assets 14.6%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2026: < 0.1%lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.07, below the usual 1.5; short-term debt: 22.1% and cash: 21.8% of total assets), and 77% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 22% on solvency, 50% on liquidity and 39% on profitability.
The bankruptcy probability was computed on 14-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 20358 sector peers (2025).
NBB · sector comparisonPosition among 20358 sector peers
Solvency
better than 22%
← weakest
strongest →
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
25 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: Billen, Manuel Gregory William…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- PhysiotherapyNACE 86951
- Founded
- 01-07-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 19
- Who signs
- Each director alone
- Annual meeting
- Last Friday of June at 17:30
- Purpose
- “De toepassing en de uitoefening van kinesitherapie. Dit omvat onder meer: alle klassieke…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.