Equity
€139,785 ▼ 25.2%
Nexto paid out €50,000 in dividends. That is 1,649% of the 2026 profit.
Nexto
Lifetime
9 annual accounts with figures on one time axispeak €312,349 (2025)
€262,069▼ 16.1%
lowest -€38,039 (2022)
€3,032▼ 92.2%
peak €248,038 (2024)
€139,785▼ 25.2%
€1.3m▼ 11.3%
peak 1.9 FTE (2026)
1.9 FTE▲ 18.8%
Board2 names since 2017
2 directorsLieselotte Gunst and 1 other
Documentsfilings and deeds
23-10-20268 days before the deadline
2026abbreviated format
Gross margin from €312,349 to €262,069Result from €38,815 to €3,032Staff from 1.6 FTE to 1.9 FTEDividend €50,000Equity from €186,853 to €139,785Cash from €14,007 to €3,647
Key points
from the 2026 annual accountsDebts
€1.3m 90% of the balance sheet
Financial debts 43%Suppliers 23%Taxes and wages 1%Other 32%
Of this, €604,690 falls due within a year.
Investments
€34,129 0.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 51.6% higher than in 2025.
Staff
2 employees on 31-03-2026
In 2026, 3 people joined and 3 left.
Filings
9 annual accounts 1 late
The 2020 accounts came 257 days late. The other eight were filed on time.
Position in the sector
10.0%
Lower solvency than 90% of companies in human health. Sector median 69.6% · 93 companies.
Checked score
77
Excellent
Financially stronger than 12% of micro companies in human health (NACE 86)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 24,185 companies (NACE 86, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025lowest value
05-2025: 0.3%● unchanged vs 04-2025lowest value
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.6%▲ +0.1 percentage points vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.4%▼ -0.3 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.56, cash €3,647, halved
Equity €139,785 (10.0% of total assets)
lowers risk
Sector: Human health activities (NACE 86)
Figures for financial year 2026 (filed on 23-10-2026)
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 14% of them on solvency, 5% on liquidity, 9% on profitability and 20% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,251 companies had the same profile as Nexto has now. Each dot stands for 4 companies, two years later.
94.4%
were still trading
2.7%
stopped another way
2.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Nexto itself is lower: 0.5% within 12 months. It rests on far more data about Nexto than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,251 companies, not a prediction for Nexto. 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 of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.56 (0.61 in 2025), below 1. Short-term debt is 43.3% and cash 0.3% of total assets. 90% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 93 sector peers (2026).
NBB · sector comparisonPosition among 93 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-10-2026, 8 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
8 days early
2025
21 days early
2024
57 days early
2023
26 days early
2022
3 days early
2021
2 days early
2020
257 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 20 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 10 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0674984101
Company renamed from KROKUS to Nexto
Registered office moved to Zedelgem · New registered office: Snellegemsestraat 21, 8210 Zedelgem · Resignations: Matthias Claeys (director) and Lieselotte Gunst (director) · General meeting of 27-06-2024 · Gazette deed
Incorporation
published on 04-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Nexto Zedelgem | €1.4m | €262,069 | 10.0% | 1.9 |
| Balance.Gent Ghent | €1.6m | €409,735 | 0.7% | 1.9 |
| PHYSIOVITH Saint-Vith | €0.9m | €260,536 | 43.4% | 1.2 |
| FUNCTIONAL FEET Oostkamp | €1.3m | €263,767 | 26.7% | - |
| Smart Move, Move Smart Wielsbeke | €1.4m | €209,502 | 33.6% | - |
| SQUADT Waregem | €0.6m | €271,549 | 7.4% | 2.2 |
| ULTEAM Binche | €2.5m | €358,638 | 0.1% | 3.3 |
These companies have the same main activity as Nexto: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €605,000 and €2.5m, founded between 2016 and 2021.
Official details
Source: KBO- Status
- Active since 02-05-2017Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- PhysiotherapyNACE 86951and 2 others
- Establishment units
- 2.265.894.0668210 Zedelgem, since 02-05-2017
- 2.302.977.0678020 Oostkamp, since 01-01-2020
- Financial year end
- 31 March
- Peppol
- Reachable since 26-07-2024
Annual accounts to 31-03-2026
- ≈ €450,000estimated
- €1.4m▼ 12.9%
- Employeeson 31-03-2026
- 2=
- Filing
- Filed on 23-10-2026, 8 days before the end of the filing period
Insights on Nexto
Nexto files the abbreviated format. That format states no turnover. The gross margin rose from €121,160 in 2018 to €262,069 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Nexto
- What is the company number of Nexto?
- The company number of Nexto is 0674.984.101. The VAT number is the same number with BE in front: BE 0674.984.101.
- Where is Nexto based?
- The registered office is at Snellegemsestraat 21, 8210 Zedelgem.Company details
- What does Nexto do?
- According to the KBO register, the main activity is physiotherapy (NACE 86951).
- What is the legal form of Nexto?
- Nexto is a private limited company (BV).
- When was Nexto founded?
- Nexto was founded on 02-05-2017.
- Is Nexto still active?
- Yes, Nexto is an active enterprise in the KBO register.
- How many employees does Nexto have?
- Nexto had an average of 1.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of Nexto?
- The turnover in financial year 2026 is ≈ €450,000. This figure is estimated from the gross margin of €262,069 and 55 comparable companies (NACE 86). It probably lies between €330,000 and €780,000. In financial year 2022 turnover was €1.5m.
- Is Nexto profitable?
- In financial year 2026, Nexto made a profit of €3,032.
- Where can I find the annual accounts of Nexto?
- Nexto filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Nexto due?
- Nexto must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.