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CHIROPRACTIE WAREGEM

Active
Private limited company (pre-2019)founded 2009active for 17 yearsLeenakkerstraat 28, 8791 Waregem, BelgiumKBO/BCE: BE 0819.611.693
Summary

CHIROPRACTIE WAREGEM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397,608 and a net result of €94,469. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 25% of 20,358 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€397,608▲ 31.2%
2024 · €303,139
Total assets
€1.4m▲ 5.5%
2024 · €1.3m
Net result
€94,469▲ 48.5%
2024 · €63,596
Working capital
-€79,752▲ 42.6%
2024 · -€138,854
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result has risen four years in a row; 2025 is 59% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2025 Net result€0.09m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 86, Human health activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.06m-€0.04m▼ 29.8%€0.05m▲ 19.0%€0.07m▲ 55.2%€0.09m▲ 23.2%€0.1m▲ 15.6%€0.2m▲ 58.5%
Net result€0.04m-€0.02mwithin the sector's middle half▼ 41.1%€0.03mwithin the sector's middle half▲ 29.5%€0.05mwithin the sector's middle half▲ 68.4%€0.07mwithin the sector's middle half▲ 44.4%€0.06mwithin the sector's middle half▼ 9.0%€0.09mwithin the sector's middle half▲ 48.5%
Equity€0.1m-€0.1mwithin the sector's middle half▲ 9.4%€0.1mwithin the sector's middle half▲ 16.3%€0.2mwithin the sector's middle half▲ 30.3%€0.3mwithin the sector's middle half▲ 37.1%€0.3mwithin the sector's middle half▲ 17.3%€0.4mabove the sector's middle half▲ 31.2%
Total assets€0.9m-€0.9mabove the sector's middle half▼ 0.4%€0.9mabove the sector's middle half▼ 1.9%€0.9mabove the sector's middle half▼ 0.2%€1.2mabove the sector's middle half▲ 35.3%€1.3mabove the sector's middle half▲ 14.2%€1.4mabove the sector's middle half▲ 5.5%
Debt€0.8m-€0.7m▼ 1.9%€0.7m▼ 4.9%€0.7m▼ 6.4%€0.9m▲ 34.9%€1.0m▲ 13.4%€1.0m▼ 2.1%
Working capital€0.05m--€0.05mbelow the sector's middle half-€326below the sector's middle half▲ 99.3%€0.04mwithin the sector's middle half-€0.1mbelow the sector's middle half-€0.1mbelow the sector's middle half▼ 44.4%-€0.08mbelow the sector's middle half▲ 42.6%
Solvency13.0%-14.3%below the sector's middle half▲ 1.3pp17.0%below the sector's middle half▲ 2.7pp22.2%below the sector's middle half▲ 5.2pp22.4%below the sector's middle half▲ 0.3pp23.0%below the sector's middle half▲ 0.6pp28.6%below the sector's middle half▲ 5.6pp
Current ratio1.66-0.48below the sector's middle half▼ 1.191.00below the sector's middle half▲ 0.521.49within the sector's middle half▲ 0.500.38below the sector's middle half▼ 1.110.33below the sector's middle half▼ 0.050.64below the sector's middle half▲ 0.31
Return on assets (ROA)4.3%-2.6%below the sector's middle half▼ 1.8pp3.4%below the sector's middle half▲ 0.8pp5.7%below the sector's middle half▲ 2.3pp6.1%below the sector's middle half▲ 0.4pp4.8%below the sector's middle half▼ 1.2pp6.8%below the sector's middle half▲ 2.0pp
Staff (FTE)0.8-1.2within the sector's middle half▲ 50.0%1.4▲ 16.7%2▲ 42.9%2.1▲ 5.0%1.9▼ 9.5%2▲ 5.3%
above within below the middle half of NACE 86, Human health activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €1.2m ▲ 0.2%
Current assets €139,138 ▲ 104%
Equity and liabilities €1.4m
Equity €397,608 ▲ 31.2%
Debt €990,687 ▼ 2.1%
Debt's share of the balance-sheet total falls from 77.0% to 71.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€275,587▲
2024 · €211,465
Cash flow
€204,284▲
2024 · €170,481
Debt to equity
2.49▼
2024 · 3.34
ROE
23.8%▲
2024 · 21.0%
Interest coverage
8.99▲
2024 · 8.28
Debt ≤ 1 year
€218,889▲
2024 · €207,160
Debt > 1 year
€759,134▼
2024 · €800,299
Income taxes
€41,086▲
2024 · €15,496
Staff costs
€58,689▼
2024 · €70,628
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.4% stopped otherwise
95.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.4m▲
Fixed assets21/28€1.2m€1.2m▲
Tangible fixed assets22/27€1.2m€1.2m▲
Land and buildings22€1.2m€1.2m▼
Plant, machinery and equipment23€0.02m€0.01m▼
Furniture and vehicles24€0.009m€0.07m▲
Current assets29/58€0.07m€0.1m▲
Amounts receivable within one year40/41€0.009m€55▼
Trade receivables40€0.001m€55▼
Other amounts receivable41€0.008m€0▼
Cash at bank and in hand54/58€0.05m€0.1m▲
Deferred charges and accrued income490/1€0.006m€0.01m▲
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m▲
Equity10/15€0.3m€0.4m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.3m€0.4m▲
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Distributable reserves133€0.3m€0.4m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.0m€1.0m▼
Amounts payable after more than one year17€0.8m€0.8m▼
Financial debts170/4€0.8m€0.8m▼
Amounts payable within one year42/48€0.2m€0.2m▲
Current portion of amounts payable after more than one year42€0.05m€0.05m▼
Trade debts44€0.02m€0.02m▼
Suppliers440/4€0.02m€0.02m▼
Taxes, remuneration and social security45€0.02m€0.05m▲
Taxes450/3€0.006m€0.03m▲
Remuneration and social security454/9€0.02m€0.02m▲
Other amounts payable47/48€0.1m€0.1m▼
Accrued charges and deferred income492/3€0.005m€0.01m▲
Income statement Code20242025
Non-recurring operating income76A-€0.005m
Remuneration, social security and pensions62€0.07m€0.06m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.1m▲
Other operating charges640/8€0.004m€0.003m▼
Gross operating margin9900€0.3m€0.3m▲
Operating profit (loss)9901€0.1m€0.2m▲
Financial income75/76B€52€428▲
Recurring financial income75€52€428▲
Financial charges65/66B€0.03m€0.03m▲
Recurring financial charges65€0.03m€0.03m▲
Profit (loss) for the period before taxes9903€0.08m€0.1m▲
Income taxes67/77€0.02m€0.04m▲
Profit (loss) for the period9904€0.06m€0.09m▲
Profit (loss) for the period to be appropriated9905€0.06m€0.09m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.06m€0.09m▲
Transfer from equity791/2€0.02m€0▼
Transfer to equity691/2€0.06m€0.09m▲
To other reserves6921€0.06m€0.09m▲
Profit to be distributed694/7€0.02m€0▼
Return on contributions (dividend)694€0.02m€0▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€5,000-
Remuneration, social security and pensions62---€48,215€61,250€70,628€58,689▼ 16.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100,645€92,936€97,358€79,796€84,014€106,885€109,815▲ 2.7%
Other operating charges640/8---€3,522€3,083€3,627€3,317▼ 8.5%
Gross operating margin9900€186,295€179,605€204,520€204,921€238,783€285,719€337,593▲ 18.2%
Operating profit (loss)9901€56,563€39,714€47,275€73,388€90,437€104,580€165,772▲ 58.5%
Financial income75/76B---€5€101€52€428▲ 716%
Recurring financial income75€12€618€1€5€101€52€428▲ 716%
Financial charges65/66B---€11,498€16,742€25,541€30,645▲ 20.0%
Recurring financial charges65€15,015€15,813€15,572€11,498€16,742€25,541€30,645▲ 20.0%
Profit (loss) for the period before taxes9903€41,560€24,518€31,704€61,895€73,796€79,091€135,555▲ 71.4%
Income taxes67/77€3,879€2,323€2,961€13,487€3,891€15,496€41,086▲ 165%
Profit (loss) for the period9904€37,681€22,196€28,742€48,408€69,905€63,596€94,469▲ 48.5%
Profit (loss) for the period to be appropriated9905€37,681€22,196€28,742€48,408€69,905€63,596€94,469▲ 48.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.9m€0.9m€0.9m€0.9m€1.2m€1.3m€1.4m▲ 5.5%
Fixed assets21/28€0.8m€0.8m€0.8m€0.7m€1.1m€1.2m€1.2m▲ 0.2%
Tangible fixed assets22/27€0.8m€0.8m€0.8m€0.7m€1.1m€1.2m€1.2m▲ 0.2%
Land and buildings22---€0.7m€1.1m€1.2m€1.2m▼ 3.9%
Plant, machinery and equipment23---€0.02m€0.01m€0.02m€0.01m▼ 43.5%
Furniture and vehicles24---€0.03m€0.02m€0.009m€0.07m▲ 625%
Current assets29/58€0.1m€0.04m€0.09m€0.1m€0.06m€0.07m€0.1m▲ 104%
Stocks and contracts in progress3-€0.002m€0.002m€0.002m€0---
Stocks30/36---€0.002m€0---
Amounts receivable within one year40/41€0.05m-€0.005m€0.01m€282€0.009m€55▼ 99.4%
Trade receivables40----€282€0.001m€55▼ 96.0%
Other amounts receivable41---€0.01m€0€0.008m€0▼ 100%
Cash at bank and in hand54/58€0.06m€0.03m€0.07m€0.1m€0.05m€0.05m€0.1m▲ 142%
Deferred charges and accrued income490/1---€0.004m€0.006m€0.006m€0.01m▲ 64.5%
Equity and liabilities
Total equity and liabilities10/49€0.9m€0.9m€0.9m€0.9m€1.2m€1.3m€1.4m▲ 5.5%
Equity10/15€0.1m€0.1m€0.1m€0.2m€0.3m€0.3m€0.4m▲ 31.2%
Contributions10/11€0.006m--€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.1m€0.1m€0.1m€0.2m€0.2m€0.3m€0.4m▲ 33.2%
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133---€0.2m€0.2m€0.3m€0.4m▲ 33.4%
Profit (loss) carried forward14---€0€0€0€0-
Amounts payable17/49€0.8m€0.7m€0.7m€0.7m€0.9m€1.0m€1.0m▼ 2.1%
Amounts payable after more than one year17€0.7m€0.7m€0.6m€0.6m€0.7m€0.8m€0.8m▼ 5.1%
Financial debts170/4---€0.6m€0.7m€0.8m€0.8m▼ 5.1%
Amounts payable within one year42/48€0.07m€0.09m€0.09m€0.08m€0.2m€0.2m€0.2m▲ 5.7%
Current portion of amounts payable after more than one year42---€0.04m€0.04m€0.05m€0.05m▼ 3.4%
Trade debts44€0.02m€0.01m€0.03m€0.01m€0.04m€0.02m€0.02m▼ 1.9%
Suppliers440/4---€0.01m€0.04m€0.02m€0.02m▼ 1.9%
Taxes, remuneration and social security45---€0.02m€0.02m€0.02m€0.05m▲ 99.9%
Taxes450/3---€0.01m€0.007m€0.006m€0.03m▲ 325%
Remuneration and social security454/9---€0.005m€0.02m€0.02m€0.02m▲ 20.6%
Other amounts payable47/48---€0.01m€0.05m€0.1m€0.1m▼ 8.5%
Accrued charges and deferred income492/3---€0€0.001m€0.005m€0.01m▲ 160%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€37,681€22,196€28,742€48,408€69,905€63,596€94,469▲ 48.5%
+ Depreciation and write-downs630€100,645€92,936€97,358€79,796€84,014€106,885€109,815▲ 2.7%
Operating cash flow (approximation)€138,326€115,131€126,100€128,204€153,919€170,481€204,284▲ 19.8%
Investment in fixed assets (approximation)--€165,144-€35,027-€50,312-€440,884-€261,505-€111,812▲ 57.2%
Change in cash--€33,791€47,011€24,892-€46,475€1,038€75,897▲ 7,215%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference
31-03-2025 micro format 31-10-2025 2025-00562519
31-03-2024 micro format 31-10-2024 2024-00532216
31-03-2023 micro format 30-11-2023 2023-00523923
31-03-2022 micro format 23-02-2023 2023-00031199
31-03-2021 micro format 04-11-2021 2021-76600338
31-03-2020 micro format 13-11-2020 2020-70500362
31-03-2019 micro format 08-11-2019 2019-73500259
31-03-2018 micro format 05-11-2018 2018-71600590
31-03-2017 micro format 20-11-2017 2017-69900528
31-03-2016 abbreviated format 05-10-2016 2016-64400322

Show all 15 filings

Similar companies · same sector, comparable size

Of the 9,120 active companies whose main activity is general medical practice (NACE 86210), figures are known for 6,433. 5,068 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 to 2024 · 3 entries · €1,523 awarded · €1,523 paid
Year Entries AwardedPaid
2024 1 €659€659
2023 1 €444€444
2022 1 €420€420
Schemes
3 entries · €1,523 · €1,523 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.