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PH Med

Active
Private limited companyfounded 20251 yr activeG. E. Lebonlaan 98, 1160 Oudergem, BelgiumKBO/BCE: BE 1023.591.510
Summary

The computed 12-month bankruptcy probability of PH Med is 2.8% (moderate). The 2025 annual accounts show equity of €102,531 and a net result of €99,031. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.56; short-term debt: 21.7% and cash: 32.7% of total assets), and 21.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.3%
Return on assets
75.6%
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 19-08-2026, 19 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 · 1 filing
Deviation from the deadline
2025
19 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PH Med was incorporated on 22 May 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€102,531
Total assets
€130,948
Net result
€99,031
Working capital
€101,148

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

Balance-sheet composition
Assets €130,948
Fixed assets €1,383
Current assets €129,564
Equity and liabilities €130,948
Equity €102,531
Debt €28,416
Debt finances 21.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€129,706
Cash flow
€102,297
Current ratio
4.56
Debt to equity
0.28
ROE
96.6%
ROA
75.6%
Interest coverage
191.36
Debt ≤ 1 year
€28,416
Income taxes
€27,539

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 2.8% 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 497,341 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% 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 11,280 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 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€130,948
Fixed assets21/28€1,383
Tangible fixed assets22/27€1,383
Furniture and vehicles24€1,383
Current assets29/58€129,564
Amounts receivable within one year40/41€44,287
Other amounts receivable41€44,287
Cash at bank and in hand54/58€42,768
Deferred charges and accrued income490/1€42,509
Equity and liabilities
Total equity and liabilities10/49€130,948
Equity10/15€102,531
Contributions10/11€3,500
Profit (loss) carried forward14€99,031
Amounts payable17/49€28,416
Amounts payable within one year42/48€28,416
Trade debts44€877
Suppliers440/4€877
Taxes, remuneration and social security45€27,539
Taxes450/3€27,539
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,265
Other operating charges640/8€349
Gross operating margin9900€130,056
Operating profit (loss)9901€126,441
Financial income75/76B€807
Recurring financial income75€807
Financial charges65/66B€678
Recurring financial charges65€678
Profit (loss) for the period before taxes9903€126,570
Income taxes67/77€27,539
Profit (loss) for the period9904€99,031
Profit (loss) for the period to be appropriated9905€99,031
Appropriation of the result
Profit (loss) to be appropriated9906€99,031

The notes to these accounts (9 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€3,265
Other operating charges640/8€349
Gross operating margin9900€130,056
Operating profit (loss)9901€126,441
Financial income75/76B€807
Recurring financial income75€807
Financial charges65/66B€678
Recurring financial charges65€678
Profit (loss) for the period before taxes9903€126,570
Income taxes67/77€27,539
Profit (loss) for the period9904€99,031
Profit (loss) for the period to be appropriated9905€99,031
Line2025
Assets
Total assets20/58€130,948
Fixed assets21/28€1,383
Tangible fixed assets22/27€1,383
Furniture and vehicles24€1,383
Current assets29/58€129,564
Amounts receivable within one year40/41€44,287
Other amounts receivable41€44,287
Cash at bank and in hand54/58€42,768
Deferred charges and accrued income490/1€42,509
Equity and liabilities
Total equity and liabilities10/49€130,948
Equity10/15€102,531
Contributions10/11€3,500
Profit (loss) carried forward14€99,031
Amounts payable17/49€28,416
Amounts payable within one year42/48€28,416
Trade debts44€877
Suppliers440/4€877
Taxes, remuneration and social security45€27,539
Taxes450/3€27,539
Line2025
Profit (loss) for the period9904€99,031
+ Depreciation and write-downs630€3,265
Operating cash flow (approximation)€102,297

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
19-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2025
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.

G. E. Lebonlaan 981160 Oudergem
1 establishment unit
PH Med
G. E. Lebonlaan 98, 1160 OudergemSpecialist medical practice
since 20252.377.267.585

Company details

Identification
Legal formPrivate limited company
Founded22-05-2025
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1023591510
Registered 28-12-2025

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

Register as of 1 October 2026 · Peppol Directory

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