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BILLIAU-VERVAELE

Active
Private limited companyfounded 2004active for 22 yearsKoperstraat 5, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0867.139.517

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BILLIAU-VERVAELE has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €148,036 and a net result of €45,037. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 66% of 20,678 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 01-09-2004 Normal situation
Legal form
Private limited company
Registered office
Koperstraat 5, 9090 Merelbeke-Melle
Activity
Physiotherapy NACE 86951and 3 others
Establishment unit
2.185.768.702 9620 Zottegem, since 01-03-2009
Financial year end
31 December
Peppol
Reachable since 22-11-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€80,836
▼ 9.4%
Turnover
≈ €230,000
estimated
Profit
€45,037
▼ 4.3%
Equity
€148,036
▲ 43.7%
Total assets
€191,799
▼ 0.1%
2025 accounts filed 17 days before the deadline
Filed on 14-07-2026at the National Bank
Score breakdownraises risk1 change of registered office in 24 monthslowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 4.28, cash €54,111Equity €148,036 (77.2% of total assets)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in human health (NACE 86)
Financial strength · tick: 2024
Strong
Solvency 100+21
equity 77.2% of total assets
Liquidity 83+17
short-term debt 14.3% · cash 28.2%
Profitability 98-1
return on assets 23.5%
Bankruptcy probability within 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).

Sector median < 0.1% (24,155 companies, NACE 86, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 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: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.2 percentage points 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 12-2025 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: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.28 (1.88 in 2024), above the usual 1.5. Short-term debt is 14.3% and cash 28.2% of total assets. 22.8% of the assets are financed with debt and provisions.
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 82% of them on solvency, 65% on liquidity, 58% on profitability and 78% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 4.28, cash €54,111
NBB · annual accounts
lowers risk · Equity €148,036 (77.2% of total assets)
NBB · annual accounts
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
8 days early
2023
64 days late
2022
32 days late
2021
18 days early
2020
22 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. 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 23 July (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €45,037 5 years View

Documents

Annual accounts at the NBB

All 21 annual accounts

Articles and registers

Key facts about BILLIAU-VERVAELE

What is the company number of BILLIAU-VERVAELE?
The company number of BILLIAU-VERVAELE is 0867.139.517. The VAT number is the same number with BE in front: BE 0867.139.517.
Where is BILLIAU-VERVAELE based?
The registered office is at Koperstraat 5, 9090 Merelbeke-Melle.Company details
What does BILLIAU-VERVAELE do?
According to the KBO register, the main activity is physiotherapy (NACE 86951).
What is the legal form of BILLIAU-VERVAELE?
The legal form of BILLIAU-VERVAELE is Private limited company (BV).
When was BILLIAU-VERVAELE founded?
BILLIAU-VERVAELE was founded on 01-09-2004.
Is BILLIAU-VERVAELE still active?
Yes, BILLIAU-VERVAELE is an active enterprise in the KBO register.
What is the turnover of BILLIAU-VERVAELE?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €80,836 and 34 comparable companies (NACE 869). It probably lies between €150,000 and €360,000.Financials
Is BILLIAU-VERVAELE profitable?
In financial year 2025, BILLIAU-VERVAELE made a profit of €45,037.
Where can I find the annual accounts of BILLIAU-VERVAELE?
BILLIAU-VERVAELE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of BILLIAU-VERVAELE due?
BILLIAU-VERVAELE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as BILLIAU-VERVAELE: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €165,000 and €226,000, founded between 1999 and 2008.

CompanyTotal assetsGross margin
BILLIAU-VERVAELE Merelbeke-Melle€191,799€80,836
MOVISANE Diepenbeek€164,673€74,788
CENTRE DE KINE VAN ISACKER Courcelles€198,974€68,654
Cabinet de Kinésithérapie MH GUILLAUME Sprimont€185,108€96,266
OPTIFORMA Leuven€226,362€78,455
PETER BOONEN KINESITHERAPIE Oudsbergen€210,956€75,815
AERTS-CASTERS FYSIO Genk€180,125€71,332
Full comparison

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