PHYSIMED
ActivePHYSIMED has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €523k and a net result of €-17k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 92% of 1078 sector peers (fiscal year 2022). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2022
70
/ 100
Healthy▼ -24 vs 2021
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2021
Profitability0▼-5
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days only on tighter terms
Liquidity ample (current ratio 7.01 against 6.97 in 2021), and 13.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
86.9%
Return on assets
-2.8%
Age of the figures
44 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline12-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-03-2024, 238 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
238 d late
2021
594 d late
2020
959 d late
2019
211 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-17k
2021 · €5k
2018: €61k
2019: €54k
2020: €-80k
2021: €5k
2018 → 2022
Working capital
€322k▼ 5.2%
2021 · €339k
2018: €398k
2019: €449k
2020: €338k
2021: €339k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€561k-€615k▲ 9.6%€535k▼ 13.0%€540k▲ 0.9%€523k▼ 3.1%
Operating result€104k-€86k▼ 16.8%€-48k€40k€-16k
Net result€61k-€54k▼ 11.5%€-80k€5k€-17k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €16k after €40k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €602k
Fixed assets
€227k▼ 11.6%
Current assets
€375k▼ 5.3%
Equity and liabilities €602k
Equity
€523k▼ 3.1%
Debt
€79k▼ 30.1%
The debt ratio falls from 17.2% to 13.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€19k▼
2021 · €77k
Cash flow
€18k▼
2021 · €42k
Solvency
86.9%▲
2021 · 82.8%
Current ratio
7.01▲
2021 · 6.97
Quick ratio
7.01▲
2021 · 6.97
Debt / equity
0.15▼
2021 · 0.21
ROE
-3.2%▼
2021 · 0.9%
ROA
-2.8%▼
2021 · 0.8%
Interest coverage
3.10▼
2021 · 17.23
Debt
€79k▼
2021 · €112k
Debt ≤ 1 year
€53k▼
2021 · €57k
Debt > 1 year
€25k▼
2021 · €56k
Income taxes
€3k▼
2021 · €31k
Staff costs
€6k▲
2021 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€653k€602k▼
Fixed assets21/28€256k€227k▼
Tangible fixed assets22/27€249k€219k▼
Land and buildings22€58k€50k▼
Plant, machinery and equipment23€1k€5k▲
Furniture and vehicles24€47k€34k▼
Assets under construction and advance payments27€143k€130k▼
Financial fixed assets28€8k€8k=
Current assets29/58€396k€375k▼
Amounts receivable within one year40/41€338k€349k▲
Trade receivables40€252k€264k▲
Other amounts receivable41€86k€85k▼
Current investments50/53€50k-
Cash at bank and in hand54/58€8k€26k▲
Equity and liabilities
Total equity and liabilities10/49€653k€602k▼
Equity10/15€540k€523k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€160k€160k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€158k€158k=
Profit (loss) carried forward14€361k€344k▼
Amounts payable17/49€112k€79k▼
Amounts payable after more than one year17€56k€25k▼
Financial debts170/4€56k€25k▼
Amounts payable within one year42/48€57k€53k▼
Current portion of amounts payable after more than one year42€33k€29k▼
Trade debts44€8k€8k▲
Suppliers440/4€8k€8k▲
Taxes, remuneration and social security45€16k€15k▼
Remuneration and social security454/9€16k€15k▼
Other amounts payable47/48-€1k
Income statement
Code20212022
Remuneration, social security and pensions62€3k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€35k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€83k€29k▼
Operating profit (loss)9901€40k€-16k▼
Financial income75/76B-€8k
Recurring financial income75-€8k
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€36k€-14k▼
Income taxes67/77€31k€3k▼
Profit (loss) for the period9904€5k€-17k▼
Profit (loss) for the period to be appropriated9905€5k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€361k€344k▼
Profit (loss) brought forward from the previous period14P€356k€361k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 238 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 594 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 959 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 211 days late
2020
31-12
Financial
Weakest financial yearnet €-80k ▼249%
Net result drops to €-80k, the lowest in the series; recovery starts the following year.
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 122 days late
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 487 days late
2017
18-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 110 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
12-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 73 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi
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.
Rue de l'Ange 216001 CharleroiGround area
695 m²
Building footprint
95 m²
Volume, LiDAR
1,010 m³
Parcel 52045A0445/00G000, Wallonia · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52045A0445/00G000 | Wallonia | 695 m² | 1 · 95 m² | 18.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,136 companies in sector 71209 we hold annual accounts for 1,079. 683 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2004
Fiscal year end31-12
Activities, NACEBEL
71209Other technical testing and analysis
74302
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.