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CREDO KINESITHERAPIE

Active
Private limited companyfounded 2020active for 6 yearsKapelstraat 89, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0756.834.184
Summary

CREDO KINESITHERAPIE has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€14,139) and a net result of -€3,846. Equity has been shrinking by about 33% per year since 2021. Its solvency ranks better than 5% of 3,024 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-10-2020 Normal situation
Activity
Physiotherapy NACE 86951and 1 other
Establishment unit
2.309.624.834 3500 Hasselt, since 21-10-2020
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Board
  • Casier ThomasDirector · since 19-10-2020
  • Vanderstukken TuurDirector · since 19-10-2020
  • Milan VandecaetsbeekDirector · since 01-03-2025

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€24,918
▼ 32.7%
Turnover
≈ €160,000
estimated
Loss
€3,846
Equity
-€14,139
▼ 37.4%
Total assets
€65,033
▼ 33.6%
Staff
≈ 0.1 FTE
estimated
  • Negative equity on 31-12-2025
Filed on 29-06-2026, 32 days before the deadline
Score breakdownraises riskCapped at 59: negative equityNegative equity -€14,139lowers riskSector: Human health activities (NACE 86)Size: total assets €65,033Liquidity: current ratio 1.28, cash €14,448Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 19% of micro companies in human health (NACE 86)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 3-11
equity -21.7% of total assets
Liquidity 67+6
short-term debt 27.3% · cash 22.2%
Profitability 61-15
return on assets -5.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (24,160 companies, NACE 86, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 1.0%▲ +0.2 percentage points vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.7 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.1%▼ -0.2 percentage points vs 01-2026lowest value 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: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.28 (0.81 in 2024), below the usual 1.5. Short-term debt is 27.3% and cash 22.2% of total assets. Equity is negative.
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 2% of them on solvency, 47% on liquidity, 10% on profitability and 16% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · Negative equity -€14,139
NBB · annual accounts
lowers risk · Size: total assets €65,033
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.28, cash €14,448
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€14,139
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 29-06-2026, 32 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
32 days early
2024
30 days early
2023
51 days late
2022
30 days late
2021
75 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 19 days after 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 30 August (4 of the last 5 accounts filed within 60 days either side of that date).
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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€14,139 View
  • Caution: Lower solvency than 95% of companies in human healthsector median 59.1% · 3,024 companies -21.7% View

Recent changes

  1. · Gazette deed Resignation: Devon Maes (director)Appointment: Milan Vandecaetsbeek (director)
  2. · Gazette deed Registered office moved from As to Diepenbeek
  3. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as CREDO KINESITHERAPIE: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €61,800 and €82,500, founded between 2020 and 2021.

CompanyTotal assetsGross margin
CREDO KINESITHERAPIE Diepenbeek€65,033€24,918
Kinesitherapie Klijsen Turnhout€73,859€25,568
Kiné Liesl Guisson Diepenbeek€61,758€24,180
Bjarne Vandervoort Overijse€69,381€27,029
KINETIKA Willebroek€82,516€23,251
Hyper Health Temse€78,681€22,733
Astrid D'Hoore Logopedie Zedelgem€76,880€23,316
Full comparison

Key facts about CREDO KINESITHERAPIE

What is the company number of CREDO KINESITHERAPIE?
The company number of CREDO KINESITHERAPIE is 0756.834.184. The VAT number is the same number with BE in front: BE 0756.834.184.
Where is CREDO KINESITHERAPIE based?
The registered office is at Kapelstraat 89, 3590 Diepenbeek.Company details
What does CREDO KINESITHERAPIE do?
According to the KBO register, the main activity is physiotherapy (NACE 86951).
What is the legal form of CREDO KINESITHERAPIE?
The legal form of CREDO KINESITHERAPIE is Private limited company (BV).
When was CREDO KINESITHERAPIE founded?
CREDO KINESITHERAPIE was founded on 21-10-2020.
Is CREDO KINESITHERAPIE still active?
Yes, CREDO KINESITHERAPIE is an active enterprise in the KBO register.
What is the turnover of CREDO KINESITHERAPIE?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €24,918 and 54 comparable companies (NACE 869). It probably lies between €98,000 and €320,000. It is a rough estimate.Financials
Is CREDO KINESITHERAPIE profitable?
In financial year 2025, CREDO KINESITHERAPIE made a loss of €3,846.
Where can I find the annual accounts of CREDO KINESITHERAPIE?
CREDO KINESITHERAPIE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CREDO KINESITHERAPIE due?
CREDO KINESITHERAPIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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