Gross margin from €53,484 to €26,406Result from €43,060 to €7,933Dividend €30,000Equity from €47,670 to €25,604Debts from €36,161 to €77,678Investments €77,947
Lower net result than 84% of companies in human health. Sector median €59,542 · 21,298 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 7,974 companies had the same profile as FORWARD PHYSIO has now. Each dot stands for 20 companies, two years later.
94.4%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
Micro
2 to 5 years old
solvency 10 to 30%
a profit of 5% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,974 companies, not a prediction for FORWARD PHYSIO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0783593813
Incorporation
Founding capital of €120, 120 shares · Founder: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (director) · published on 22-03-2022 · Gazette deed
First establishment
Kroontjesmolenstraat 1, Roeselare
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as FORWARD PHYSIO: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €92,800 and €121,000, founded between 2021 and 2022.
The company number of FORWARD PHYSIO is 0783.593.813. The VAT number is the same number with BE in front: BE 0783.593.813.
Where is FORWARD PHYSIO based?
The registered office is at Kroontjesmolenstraat 1, 8800 Roeselare.Company details
What does FORWARD PHYSIO do?
According to the KBO register, the main activity is physiotherapy (NACE 86951).
What is the legal form of FORWARD PHYSIO?
FORWARD PHYSIO is a private limited company (BV).
When was FORWARD PHYSIO founded?
FORWARD PHYSIO was founded on 18-03-2022.
Is FORWARD PHYSIO still active?
Yes, FORWARD PHYSIO is an active enterprise in the KBO register.
What is the turnover of FORWARD PHYSIO?
The turnover in financial year 2025 is ≈ €80,000. This figure is estimated from the gross margin of €26,406 and 34 comparable companies (NACE 869). It probably lies between €61,000 and €110,000.Financials
Is FORWARD PHYSIO profitable?
In financial year 2025, FORWARD PHYSIO made a profit of €7,933.
Where can I find the annual accounts of FORWARD PHYSIO?
FORWARD PHYSIO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FORWARD PHYSIO due?
FORWARD PHYSIO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline