Dr. Athanasios Georgopoulos
ActiveSummary
Dr. Athanasios Georgopoulos has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €603,875 and a net result of €385,938. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €603,875
- Profit
- €385,938
Why 98lowers riskSize: total assets €626,992Liquidity: current ratio 27.33, cash €199,984Equity €603,875 (96.3% of total assets)Figures for financial year 2025 (filed 28-02-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, micro): better than 81% on solvency, 81% on liquidity, 90% on profitability and 96% on growth.
The bankruptcy probability was computed on 22-10-2026 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).
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Signals
This company filed its last 7 accounts on average 18 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than 6 timescurrent ratio 27.33
- Equity above €500,000equity €603,875 ▲177%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 14% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 17,811 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,829 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,020 | €23,869 | €13,718 | €13,080 | €17,841 | €12,635 | €13,020 | €11,198 | ▼ 14.0% |
| Other operating charges640/8 | - | - | - | €1,196 | €460 | €434 | €628 | €808 | ▲ 28.6% |
| Gross operating margin9900 | €181,691 | €249,718 | €237,868 | €286,920 | €301,965 | €444,395 | €588,919 | €508,156 | ▼ 13.7% |
| Operating profit (loss)9901 | €161,519 | €224,620 | €222,956 | €272,644 | €283,664 | €431,326 | €575,270 | €496,149 | ▼ 13.8% |
| Financial income75/76B | - | - | - | €5,263 | €7,223 | €3,169 | €5,028 | €10,464 | ▲ 108% |
| Recurring financial income75 | €0 | €1,312 | €11,572 | €5,263 | €7,223 | €3,169 | €5,028 | €10,464 | ▲ 108% |
| Financial charges65/66B | - | - | - | €736 | €1,407 | €2,565 | €1,563 | €585 | ▼ 62.6% |
| Recurring financial charges65 | €2,821 | €577 | €941 | €736 | €1,407 | €2,565 | €1,563 | €585 | ▼ 62.6% |
| Profit (loss) for the period before taxes9903 | €158,698 | €225,356 | €233,587 | €277,171 | €289,480 | €431,929 | €578,735 | €506,028 | ▼ 12.6% |
| Income taxes67/77 | €39,369 | €60,074 | €54,656 | €64,647 | €67,702 | €103,994 | €141,748 | €120,090 | ▼ 15.3% |
| Profit (loss) for the period9904 | €119,329 | €165,282 | €178,931 | €212,524 | €221,778 | €327,936 | €436,987 | €385,938 | ▼ 11.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €62,713 | - | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €147,350 | €0 | €210,500 | - |
| Profit (loss) for the period to be appropriated9905 | €118,616 | €165,282 | €178,931 | €275,237 | €221,778 | €180,586 | €436,987 | €175,438 | ▼ 59.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €213,519 | €340,059 | €355,005 | €385,363 | €314,540 | €426,926 | €290,434 | €626,992 | ▲ 116% |
| Fixed assets21/28 | €28,070 | €43,997 | €30,279 | €54,983 | €38,189 | €30,351 | €18,421 | €18,796 | ▲ 2.0% |
| Intangible fixed assets21 | €24,000 | €20,000 | €16,000 | €12,000 | €8,000 | €4,000 | €0 | - | - |
| Tangible fixed assets22/27 | €4,070 | €23,997 | €14,279 | €42,983 | €30,189 | €26,351 | €18,421 | €18,796 | ▲ 2.0% |
| Land and buildings22 | - | - | - | - | - | €3,001 | €2,297 | €1,594 | ▼ 30.6% |
| Plant, machinery and equipment23 | - | - | - | €40,659 | €28,581 | €22,277 | €15,585 | €8,059 | ▼ 48.3% |
| Furniture and vehicles24 | - | - | - | €182 | - | - | - | €7,357 | - |
| Other tangible fixed assets26 | - | - | - | €2,142 | €1,607 | €1,073 | €539 | €1,786 | ▲ 232% |
| Current assets29/58 | €185,450 | €296,062 | €324,726 | €330,380 | €276,352 | €396,575 | €272,012 | €608,196 | ▲ 124% |
| Amounts receivable within one year40/41 | €155,615 | €280,608 | €230,426 | €165,904 | €188,489 | €223,120 | €238,996 | €381,101 | ▲ 59.5% |
| Trade receivables40 | - | - | - | €107,809 | €120,857 | €214,627 | €235,605 | €211,975 | ▼ 10.0% |
| Other amounts receivable41 | - | - | - | €58,095 | €67,632 | €8,493 | €3,391 | €169,127 | ▲ 4,887% |
| Current investments50/53 | - | - | - | - | €19,453 | €19,453 | €19,453 | €19,453 | = |
| Cash at bank and in hand54/58 | €27,265 | €14,263 | €91,384 | €161,513 | €60,947 | €152,838 | €8,792 | €199,984 | ▲ 2,175% |
| Deferred charges and accrued income490/1 | - | - | - | €2,963 | €7,463 | €1,165 | €4,772 | €7,659 | ▲ 60.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €213,519 | €340,059 | €355,005 | €385,363 | €314,540 | €426,926 | €290,434 | €626,992 | ▲ 116% |
| Equity10/15 | €200,952 | €266,234 | €115,166 | €177,690 | €47,690 | €375,625 | €217,937 | €603,875 | ▲ 177% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €182,352 | €247,634 | €96,566 | €159,090 | €29,090 | €357,025 | €199,337 | €585,275 | ▲ 194% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | €147,350 | €147,350 | €357,850 | ▲ 143% |
| Distributable reserves133 | - | - | - | €157,230 | €27,230 | €209,675 | €51,987 | €227,425 | ▲ 337% |
| Profit (loss) carried forward14 | - | - | - | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €12,567 | €73,824 | €239,839 | €207,674 | €266,851 | €51,301 | €72,497 | €23,118 | ▼ 68.1% |
| Amounts payable after more than one year17 | - | €16,706 | €19,133 | €11,853 | €16,049 | €11,062 | €6,001 | €864 | ▼ 85.6% |
| Financial debts170/4 | - | - | - | €11,853 | €16,049 | €11,062 | €6,001 | €864 | ▼ 85.6% |
| Amounts payable within one year42/48 | €12,567 | €57,118 | €220,706 | €195,821 | €250,802 | €40,238 | €66,496 | €22,254 | ▼ 66.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,280 | €4,913 | €4,987 | €5,061 | €5,137 | ▲ 1.5% |
| Trade debts44 | €5,981 | €17,925 | €49,019 | €16,259 | €1,764 | €914 | €3,938 | €7,801 | ▲ 98.1% |
| Suppliers440/4 | - | - | - | €16,259 | €1,764 | €914 | €3,938 | €7,801 | ▲ 98.1% |
| Taxes, remuneration and social security45 | - | - | - | €22,281 | €22,347 | €34,338 | €34,263 | €9,315 | ▼ 72.8% |
| Taxes450/3 | - | - | - | €22,281 | €22,347 | €34,338 | €34,263 | €6,693 | ▼ 80.5% |
| Remuneration and social security454/9 | - | - | - | - | - | - | - | €2,623 | - |
| Other amounts payable47/48 | - | - | - | €150,000 | €221,778 | €0 | €23,233 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €119,329 | €165,282 | €178,931 | €212,524 | €221,778 | €327,936 | €436,987 | €385,938 | ▼ 11.7% |
| + Depreciation and write-downs630 | €19,020 | €23,869 | €13,718 | €13,080 | €17,841 | €12,635 | €13,020 | €11,198 | ▼ 14.0% |
| Operating cash flow (approximation) | €138,349 | €189,151 | €192,649 | €225,604 | €239,619 | €340,571 | €450,007 | €397,136 | ▼ 11.7% |
| Investment in fixed assets (approximation) | - | -€39,797 | €0 | -€37,783 | -€1,047 | -€4,797 | -€1,091 | -€11,573 | ▼ 961% |
| Change in cash | - | -€13,001 | €77,120 | €70,130 | -€100,566 | €91,891 | -€144,046 | €191,192 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-02-2026 | 2026-00045560 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00201484 |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00379884 |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00237046 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20338210 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57700477 |
| 31-12-2019 | micro format | 20-07-2020 | 2020-31800197 |
| 31-12-2018 | micro format | 19-07-2019 | 2019-35400479 |
| 31-12-2017 | micro format | 11-06-2018 | 2018-17500349 |
| 31-12-2016 | abbreviated format | 28-08-2017 | 2017-51100478 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 13-12-2023 Converted to unavailable equity
Group and network
Connections & network
No directors read yet: 1 of 4 Gazette acts processed.
History
Acts, filings and financial milestones
13-12
Gazette deed
Legal-form change · Resignations & appointmentsAmendment of the articles · Capital conversion · Reserve release8 facts ▸
- General meeting, “8930 Menen,Warande 16, buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Registered office clause, “8930 Menen,Warande 16, Derde besluit” (deed in Dutch)
- Capital
- Power of attorney
- Power of attorney, Elien Turpyn
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34027E0978/00B002 | Flanders | 676 m² | 1 · 111 m² | 7.0 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Investeringen en beleggingen uitvoeren zoals onder meer de aankoop,de verhuring en de oprichting van gebouwen,zonder dat dit de vorm van een…” (deed in Dutch)
12 activities (deed in Dutch)
- Investeringen en beleggingen uitvoeren zoals onder meer de aankoop,de verhuring en de oprichting van gebouwen,zonder dat dit de vorm van een aanvullende commerciële activiteit aanneemt.
- Het inrichten van algemene diensten en een medisch secretariaat in het bijzonder die nuttig of nodig zijn voor de uitoefening van voormelde activiteit.
- De aankoop,het huren en/of leasen van alle medische apparatuur en begeleidende accommodatie inclusief gebouwen,kortom van een volledige materiële infrastructuur om deze ter beschikking te stellen van de artsen-aandeelhouders;
- Het scheppen van de mogelijkheden om de artsen-aandeelhouders toe te laten zich verder te bekwamen in de voormelde medische disciplines,dit teneinde een kwalitatief hoogstaande praktijkoefening mogelijk te maken;
- Het verstrekken van informatie en/of onderricht inzake voormelde medische discipline en dit in de breedste betekenis van het woord,zonder dat dit de vorm van een aanvullende commerciële activiteit mag aannemen.
- De vennootschap mag beleggen in roerende of onroerende goederen of mag haar middelen investeren – als bijkomstig voorwerp - inbegrepen deze gedaan als alternatieve beloningsvorm voor haar bestuurder(s),zonder evenwel het burgerlijk karakter van de vennootschap aan te tasten.
- In geval de vennootschap meerdere aandeelhouders telt,dienen dan wel de modaliteiten van een akkoord over het investeringsbeleid te worden bepaald.
- Het beleggen of investeren van haar middelen mag gefinancierd worden door leningen.
- De vennootschap ontvangt rechtstreeks verschuldigde honoraria en dit voor eigen rekening.
- Zij mag deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven maar overeenkomsten die artsen niet mogen afsluiten met andere artsen of met derden zullen ook door de vennootschap niet mogen afgesloten worden.
- De vennootschap kan deelnemen in kostenassociaties of middelenvenootschappen van artsen.
- De vennootschap kan tevens lid zijn van een vereniging zonder winstoogmerk van artsen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Dr. Athanasios Georgopoulos
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Artikel 2, voor zover die verplaatsing overeenkomstig de toepasselijke taalwetgeving niet verplicht tot een wijziging van de taal van de…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Bestuursorgaan, op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft ten laste overdrager en andere helft ten laste koper(s) naar evenredigheid verworven aantal…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITRE V. ALGEMENE VERGADERING Artikel 13. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed