PATRICK CALLAERT
ActiveSummary
PATRICK CALLAERT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164,594 and a net result of €27,725. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 77% of 16810 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▼-1
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 6.85 against 13.22 in 2024; short-term debt: 14% and cash: 95.8% of total assets), and 14% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
86%
Return on assets
14.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
14 d late
2024
6 d early
2023
33 d early
2022
4 d early
2021
23 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 25 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€164,594▲ 4.0%
2024 · €158,332
Total assets
€191,352▲ 12.7%
2024 · €169,786
Net result
€27,725▲ 6.4%
2024 · €26,061
Working capital
€156,624▲ 11.9%
2024 · €139,921
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€39,467▲ 188%€33,864▼ 14.2%€26,699▼ 21.2%€36,129▲ 35.3%€38,874▲ 7.6%
Net result€29,333within the sector's middle half▲ 240%€23,489within the sector's middle half▼ 19.9%€21,252within the sector's middle half▼ 9.5%€26,061within the sector's middle half▲ 22.6%€27,725within the sector's middle half▲ 6.4%
Equity€172,026within the sector's middle half▲ 4.4%€177,333within the sector's middle half▲ 3.1%€154,349within the sector's middle half▼ 13.0%€158,332within the sector's middle half▲ 2.6%€164,594within the sector's middle half▲ 4.0%
Total assets€175,458within the sector's middle half▲ 0.1%€180,943within the sector's middle half▲ 3.1%€156,825within the sector's middle half▼ 13.3%€169,786within the sector's middle half▲ 8.3%€191,352within the sector's middle half▲ 12.7%
Debt€3,432▼ 67.4%€3,610▲ 5.2%€2,476▼ 31.4%€11,454▲ 363%€26,758▲ 134%
Working capital€125,503within the sector's middle half▲ 3.0%€142,649within the sector's middle half▲ 13.7%€130,370within the sector's middle half▼ 8.6%€139,921within the sector's middle half▲ 7.3%€156,624within the sector's middle half▲ 11.9%
Solvency98.0%above the sector's middle half▲ 4.1pp98.0%above the sector's middle half=98.4%above the sector's middle half▲ 0.4pp93.3%above the sector's middle half▼ 5.2pp86.0%above the sector's middle half▼ 7.2pp
Current ratio37.57above the sector's middle half▲ 25.0040.52above the sector's middle half▲ 2.9553.65above the sector's middle half▲ 13.1313.22above the sector's middle half▼ 40.436.85above the sector's middle half▼ 6.36
Return on assets (ROA)16.7%within the sector's middle half▲ 11.8pp13.0%within the sector's middle half▼ 3.7pp13.6%within the sector's middle half▲ 0.6pp15.3%within the sector's middle half▲ 1.8pp14.5%within the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191,352
Fixed assets
€7,970 ▼ 56.7%
Current assets
€183,382 ▲ 21.1%
Equity and liabilities €191,352
Equity
€164,594 ▲ 4.0%
Debt
€26,758 ▲ 134%
Debt's share of the balance-sheet total rises from 6.7% to 14.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49,315▲
2024 · €48,194
Cash flow
€38,166▲
2024 · €38,126
Debt to equity
0.16▲
2024 · 0.07
ROE
16.8%▲
2024 · 16.5%
Interest coverage
154.38▲
2024 · 149.37
Debt ≤ 1 year
€26,758▲
2024 · €11,454
Income taxes
€11,442▲
2024 · €10,669
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
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 497,340 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% 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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,905 | €18,976 | €15,546 | €12,065 | €10,440 | ▼ 13.5% |
| Other operating charges640/8 | €1,040 | €1,280 | €1,181 | €1,189 | €1,226 | ▲ 3.1% |
| Gross operating margin9900 | €64,411 | €54,120 | €43,426 | €49,383 | €50,541 | ▲ 2.3% |
| Operating profit (loss)9901 | €39,467 | €33,864 | €26,699 | €36,129 | €38,874 | ▲ 7.6% |
| Financial income75/76B | €271 | €341 | €5,321 | €923 | €613 | ▼ 33.6% |
| Recurring financial income75 | €271 | €341 | €5,321 | €923 | €613 | ▼ 33.6% |
| Financial charges65/66B | €229 | €281 | €292 | €323 | €319 | ▼ 1.0% |
| Recurring financial charges65 | €229 | €281 | €292 | €323 | €319 | ▼ 1.0% |
| Profit (loss) for the period before taxes9903 | €39,509 | €33,924 | €31,728 | €36,729 | €39,168 | ▲ 6.6% |
| Income taxes67/77 | €10,176 | €10,434 | €10,476 | €10,669 | €11,442 | ▲ 7.3% |
| Profit (loss) for the period9904 | €29,333 | €23,489 | €21,252 | €26,061 | €27,725 | ▲ 6.4% |
| Profit (loss) for the period to be appropriated9905 | €29,333 | €23,489 | €21,252 | €26,061 | €27,725 | ▲ 6.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €175,458 | €180,943 | €156,825 | €169,786 | €191,352 | ▲ 12.7% |
| Fixed assets21/28 | €46,524 | €34,684 | €23,978 | €18,411 | €7,970 | ▼ 56.7% |
| Tangible fixed assets22/27 | €46,524 | €34,684 | €23,978 | €18,411 | €7,970 | ▼ 56.7% |
| Plant, machinery and equipment23 | €31,187 | €28,325 | €19,223 | €15,482 | €6,428 | ▼ 58.5% |
| Furniture and vehicles24 | €7,680 | €3,643 | €3,457 | €2,499 | €1,542 | ▼ 38.3% |
| Other tangible fixed assets26 | €7,656 | €2,717 | €1,298 | €430 | - | - |
| Current assets29/58 | €128,935 | €146,259 | €132,847 | €151,375 | €183,382 | ▲ 21.1% |
| Amounts receivable within one year40/41 | - | €6,643 | €6,086 | - | - | - |
| Other amounts receivable41 | - | €6,643 | €6,086 | - | - | - |
| Current investments50/53 | €20,355 | €20,355 | - | - | - | - |
| Cash at bank and in hand54/58 | €107,254 | €119,158 | €126,658 | €151,267 | €183,270 | ▲ 21.2% |
| Deferred charges and accrued income490/1 | €1,326 | €103 | €103 | €108 | €112 | ▲ 3.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €175,458 | €180,943 | €156,825 | €169,786 | €191,352 | ▲ 12.7% |
| Equity10/15 | €172,026 | €177,333 | €154,349 | €158,332 | €164,594 | ▲ 4.0% |
| Contributions10/11 | €12,500 | €12,500 | - | - | - | - |
| Reserves13 | €159,526 | €164,833 | €154,349 | €158,332 | €164,594 | ▲ 4.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €157,666 | €162,973 | €154,349 | €158,332 | €164,594 | ▲ 4.0% |
| Amounts payable17/49 | €3,432 | €3,610 | €2,476 | €11,454 | €26,758 | ▲ 134% |
| Amounts payable within one year42/48 | €3,432 | €3,610 | €2,476 | €11,454 | €26,758 | ▲ 134% |
| Trade debts44 | €1,174 | €1,175 | - | €181 | €35 | ▼ 80.6% |
| Suppliers440/4 | €1,174 | €1,175 | - | €181 | €35 | ▼ 80.6% |
| Taxes, remuneration and social security45 | €2,176 | €2,434 | €2,476 | €7,905 | €6,708 | ▼ 15.1% |
| Taxes450/3 | €2,176 | €2,434 | €2,476 | €5,925 | €6,708 | ▲ 13.2% |
| Remuneration and social security454/9 | - | - | - | €1,979 | - | - |
| Other amounts payable47/48 | €82 | - | - | €3,368 | €20,015 | ▲ 494% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,333 | €23,489 | €21,252 | €26,061 | €27,725 | ▲ 6.4% |
| + Depreciation and write-downs630 | €23,905 | €18,976 | €15,546 | €12,065 | €10,440 | ▼ 13.5% |
| Operating cash flow (approximation) | €53,238 | €42,465 | €36,797 | €38,126 | €38,166 | ▲ 0.1% |
| Investment in fixed assets (approximation) | - | -€7,137 | -€4,840 | -€6,498 | €0 | ▲ 100% |
| Change in cash | - | €11,904 | €7,500 | €24,609 | €32,003 | ▲ 30.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €29,333 ▲240%
Operating result €39,467, net result €29,333, both a record.
31-12
Financial
Liquidity triplescurrent ratio 37.57
Current ratio from 12.57 to 37.57; short-term debt falls from €10,536 to €3,432.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €8,618 ▼59.8%
Net result drops to €8,618, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are 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, Dendermonde · 1 establishment unit since 2011
Ground area
519 m²
Building footprint
156 m²
Volume, LiDAR
781 m³
Parcel 42021D0480/00P000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PATRICK CALLAERT
since 20112.207.267.959
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021D0480/00P000 | Flanders | 519 m² | 1 · 156 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
8945001CY9RD7OWNZL33
Similar companies · same sector, comparable size
KB Kiné
BE 0795.735.045
Malmedy · Eq €164,727
Re-Train
BE 0699.556.674
Kruisem · Eq €164,938
CAROLIEN CRABBE
BE 0717.903.334
Affligem · Eq €163,574
Kinesitherapie ACT
BE 0786.268.043
Bonheiden · Eq €165,642
Podologiepraktijk De Vuyst
BE 0771.967.768
Ninove · Eq €165,685
Of 12,696 companies in sector 86951 we hold annual accounts for 2,146. 1,693 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2011
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
82990Other business support services
Contact
E-mail
callaert.patrick@telenet.beDendermonde
Phone
052 21 99 13Dendermonde
E-invoicing
Reachable via Peppol
Peppol ID
0208:0842023841
Also
9925:BE0842023841
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.