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Hanbas

Active
Private limited companyfounded 2024active for 2 yearsBliekstraat 40, 9800 Deinze, BelgiumKBO/BCE: BE 1009.759.904
Summary

Hanbas has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,997 and a net result of €19,997. Its solvency ranks better than 32% of 20,511 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Physiotherapy
NACE 86951
1 site
Size
€56,243total assets 2025
Equity
€21,997
Profit
€19,997
Turnover not published (micro format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 7 days early
Why 94raises riskFounded in 2024Figures for financial year 2025 (filed 24-10-2025)lowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 0.97, cash €31,825Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 86, micro)
Financial strength
Strong
Solvency 64
equity 39.1% of total assets
Liquidity 68
short-term debt 60.9% · cash 56.6%
Profitability 100
return on assets 35.6%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (24,086 companies, NACE 86, micro)
Last 24 months 06-2025: 0.3% 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025highest value 10-2025: 0.3%● unchanged vs 09-2025highest value 11-2025: < 0.1%▼ -0.3 percentage points vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 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: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.97, below 1; short-term debt: 60.9% and cash: 56.6% of total assets), and 60.9% of the assets are financed with debt and provisions.
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 (NACE 86, micro): better than 32% on solvency, 48% on liquidity and 80% on profitability.

The bankruptcy probability was computed on 19-10-2026 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

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Liquidity: current ratio 0.97, cash €31,825
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Figures for financial year 2025 (filed 24-10-2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointment: BILLIET Kevin (director) ·…

Financials · financial year 2025, micro format

Equity
€21,997
Total assets
€56,243
Net result
€19,997
Working capital
-€995

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €56,243
Fixed assets €22,991
Current assets €33,252
Equity and liabilities €56,243
Equity €21,997
Debt €34,246
Debt finances 60.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,927
Cash flow
€24,524
Current ratio
0.97
Debt to equity
1.56
ROE
90.9%
ROA
35.6%
Interest coverage
over 100
Debt ≤ 1 year
€34,246
Income taxes
€7,155

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% 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 497,472 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 39,278 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 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€56,243
Fixed assets21/28€22,991
Tangible fixed assets22/27€22,991
Land and buildings22€16,170
Plant, machinery and equipment23€5,519
Furniture and vehicles24€1,302
Current assets29/58€33,252
Cash at bank and in hand54/58€31,825
Deferred charges and accrued income490/1€1,426
Equity and liabilities
Total equity and liabilities10/49€56,243
Equity10/15€21,997
Contributions10/11€2,000
Reserves13€19,000
Distributable reserves133€19,000
Profit (loss) carried forward14€997
Amounts payable17/49€34,246
Amounts payable within one year42/48€34,246
Trade debts44€1,027
Suppliers440/4€1,027
Taxes, remuneration and social security45€7,155
Taxes450/3€7,155
Other amounts payable47/48€26,064
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,528
Other operating charges640/8€827
Gross operating margin9900€32,753
Operating profit (loss)9901€27,399
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€247
Recurring financial charges65€247
Profit (loss) for the period before taxes9903€27,152
Income taxes67/77€7,155
Profit (loss) for the period9904€19,997
Profit (loss) for the period to be appropriated9905€19,997
Appropriation of the result
Profit (loss) to be appropriated9906€19,997
Transfer to equity691/2€19,000
To the legal reserve6920€19,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,528
Other operating charges640/8€827
Gross operating margin9900€32,753
Operating profit (loss)9901€27,399
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€247
Recurring financial charges65€247
Profit (loss) for the period before taxes9903€27,152
Income taxes67/77€7,155
Profit (loss) for the period9904€19,997
Profit (loss) for the period to be appropriated9905€19,997
Line2025
Assets
Total assets20/58€56,243
Fixed assets21/28€22,991
Tangible fixed assets22/27€22,991
Land and buildings22€16,170
Plant, machinery and equipment23€5,519
Furniture and vehicles24€1,302
Current assets29/58€33,252
Cash at bank and in hand54/58€31,825
Deferred charges and accrued income490/1€1,426
Equity and liabilities
Total equity and liabilities10/49€56,243
Equity10/15€21,997
Contributions10/11€2,000
Reserves13€19,000
Distributable reserves133€19,000
Profit (loss) carried forward14€997
Amounts payable17/49€34,246
Amounts payable within one year42/48€34,246
Trade debts44€1,027
Suppliers440/4€1,027
Taxes, remuneration and social security45€7,155
Taxes450/3€7,155
Other amounts payable47/48€26,064
Line2025
Profit (loss) for the period9904€19,997
+ Depreciation and write-downs630€4,528
Operating cash flow (approximation)€24,524

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

Filings with the National Bank (1)
Financial year Type Filed Reference
31-03-2025 micro format 24-10-2025 2025-00555446

Similar companies · same sector, comparable size

Of the 12,602 active companies whose main activity is physiotherapy (NACE 86951), figures are known for 2,244. 1,976 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €911 awarded · €911 paid
Year Entries AwardedPaid
2025 1 €699€699
2024 1 €212€212
Schemes
2 entries · €911 · €911 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.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 28 May 2024, Hanbas was incorporated as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2025
24-10
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
30-05
Gazette deed Incorporation
Appointment: BILLIET Kevin (director) · Founder · Founding capital8 facts ▸
  • Incorporation, 27-05-2024
  • Founder, BILLIET Kevin
  • Founder, DE VLIEGER Charlot Godelieve
  • Founding capital, €2,000
  • Bank account, “vennootschap in oprichting, BE89 7330 7866 2885” (deed in Dutch)
  • Pre-incorporation commitments, “takeover”, 01-01-2024 (deed in Dutch)
  • Board rule, 1
  • Director appointment, BILLIET Kevin (director (not named in the articles))
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded28-05-2024
Financial year end31-03
Activities, NACEBEL 2025
86951Physiotherapy
Contact
E-mail kevin.billiet.89@gmail.comDeinze
Phone 0497785287Deinze
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009759904
Also 9925:BE1009759904
Registered 01-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,079 m²
Building footprint
196 m²
Building volume
924 m³
Parcel 44004C0253/00K000, Flanders · tallest building 7.2 m. Linked by address, not a title deed.
1 establishment unit
Hanbas
Bliekstraat 40, 9800 DeinzePhysiotherapy
since 2024unit no. 2.360.533.602
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44004C0253/00K000 Flanders 1,079 m² 1 · 196 m² 7.2 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Kinesitherapie activiteiten; Revalidatieactiviteiten; Verkoop en verhuur van kiné-materiaal; Exploitatie van en handel in onroerend goed…” (deed in Dutch)
8 activities (deed in Dutch)
  1. Kinesitherapie activiteiten
  2. Revalidatieactiviteiten
  3. Verkoop en verhuur van kiné-materiaal
  4. Exploitatie van en handel in onroerend goed
  5. Onderwijs
  6. Sport,ontspanning en recreatie
  7. Overige persoonlijke dienstverlening
  8. Administratie en ondersteunende activiteiten ten behoeve van kantoren en overige zakelijke activiteiten

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Hanbas
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 30-05-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, natuurlijke personen of rechtspersonen” (deed in Dutch)

deed of 30-05-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Thursday of September at 19:00

deed of 30-05-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

1 more provision in the deed, see the deed of 30-05-2024

deed of 30-05-2024