FANNY MICHEL KINESITHERAPIE
ActiveSummary
The computed 12-month bankruptcy probability of FANNY MICHEL KINESITHERAPIE is 2.6% (moderate). The 2025 annual accounts show equity of €90k and a net result of €31k. Equity is growing by ~40.9% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 9.7 against 17.56 in 2024; short-term debt: 10.2% and cash: 69.2% of total assets), and 10.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.8%
Return on assets
30.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
26 d late
2024
9 d early
2023
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€90k▲ 51.8%
2024 · €59k
2023: €41k
2024: €59k
2023 → 2025
Total assets
€100k▲ 60.1%
2024 · €63k
2023: €60k
2024: €63k
2023 → 2025
Net result
€31k▲ 73.2%
2024 · €18k
2023: €41k
2024: €18k
2023 → 2025
Working capital
€89k▲ 61.3%
2024 · €55k
2023: €36k
2024: €55k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€41k-€59k▲ 42.7%€90k▲ 51.8%
Operating result€62k-€27k▼ 56.2%€47k▲ 72.6%
Net result€41k-€18k▼ 57.2%€31k▲ 73.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 73% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€871 ▼ 78.3%
Current assets
€99k ▲ 69.6%
Equity and liabilities €100k
Equity
€90k ▲ 51.8%
Debt
€10k ▲ 207%
Debt's share of the balance-sheet total rises from 5.3% to 10.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €31k
Cash flow
€34k▲
2024 · €21k
Current ratio
9.70▼
2024 · 17.56
Debt to equity
0.11▲
2024 · 0.06
ROE
34.1%▲
2024 · 29.9%
ROA
30.6%▲
2024 · 28.3%
Interest coverage
157.95▲
2024 · 133.90
Debt ≤ 1 year
€10k▲
2024 · €3k
Income taxes
€17k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63k€100k▲
Fixed assets21/28€4k€871▼
Tangible fixed assets22/27€4k€871▼
Furniture and vehicles24€4k€871▼
Current assets29/58€58k€99k▲
Amounts receivable within one year40/41€23k€30k▲
Trade receivables40€21k€22k▲
Other amounts receivable41€1k€8k▲
Cash at bank and in hand54/58€35k€69k▲
Deferred charges and accrued income490/1€473€259▼
Equity and liabilities
Total equity and liabilities10/49€63k€100k▲
Equity10/15€59k€90k▲
Contributions10/11€100€100=
Reserves13€59k€90k▲
Distributable reserves133€59k€90k▲
Amounts payable17/49€3k€10k▲
Amounts payable within one year42/48€3k€10k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€600€7k▲
Taxes450/3€600€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€285€295▲
Gross operating margin9900€31k€51k▲
Operating profit (loss)9901€27k€47k▲
Financial income75/76B€261€295▲
Recurring financial income75€261€295▲
Financial charges65/66B€230€319▲
Recurring financial charges65€230€319▲
Profit (loss) for the period before taxes9903€27k€47k▲
Income taxes67/77€10k€17k▲
Profit (loss) for the period9904€18k€31k▲
Profit (loss) for the period to be appropriated9905€18k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€31k▲
Transfer to equity691/2€18k€31k▲
To other reserves6921€18k€31k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €18k ▼57.2%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 5current ratio 17.56
Current ratio from 3.25 to 17.56; short-term debt falls from €16k to €3k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Eupen · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue d'Aix la Chapelle 114700 EupenGround area
1,353 m²
Building footprint
185 m²
Volume, LiDAR
2,967 m³
Parcel 63023F0001/00G006, Wallonia · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
FANNY MICHEL KINESITHERAPIE
since 20222.335.387.440
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023F0001/00G006 | Wallonia | 1,353 m² | 1 · 185 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-08-2022
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.