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Physio A.D.

Active
Private limited companyfounded 20242 yrs activeRue Somville 20, 1325 Chaumont-Gistoux, BelgiumKBO/BCE: BE 1014.126.288
Summary

Physio A.D. has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,818 and a net result of €33,651. Its solvency ranks better than 37% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency72
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 6.56; short-term debt: 13.7% and cash: 74.1% of total assets), but 53.3% of the assets are financed with debt.
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Signals

Six 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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
46.7%
Return on assets
43.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-07-2026, 11 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
11 d early
← 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

Physio A.D. was incorporated on 25 September 2024 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
€35,818
Total assets
€76,733
Net result
€33,651
Working capital
€58,547

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

Balance-sheet composition
Assets €76,733
Fixed assets €7,649
Current assets €69,084
Equity and liabilities €76,733
Equity €35,818
Provisions €29,853
Debt €11,062
Debt finances 14.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€59,440
Cash flow
€37,612
Current ratio
6.56
Debt to equity
0.31
ROE
93.9%
ROA
43.9%
Interest coverage
12.88
Debt ≤ 1 year
€10,537
Income taxes
€17,219

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 39,275 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 · 44 lines
Balance sheet Code2025
Assets
Total assets20/58€76,733
Fixed assets21/28€7,649
Tangible fixed assets22/27€7,649
Furniture and vehicles24€5,617
Other tangible fixed assets26€2,032
Current assets29/58€69,084
Amounts receivable within one year40/41€2,911
Trade receivables40€130
Other amounts receivable41€2,781
Cash at bank and in hand54/58€56,869
Deferred charges and accrued income490/1€9,304
Equity and liabilities
Total equity and liabilities10/49€76,733
Equity10/15€35,818
Contributions10/11€3,000
Profit (loss) carried forward14€32,818
Provisions and deferred taxes16€29,853
Provisions for liabilities and charges160/5€29,853
Other liabilities and charges164/5€29,853
Amounts payable17/49€11,062
Amounts payable within one year42/48€10,537
Trade debts44€631
Suppliers440/4€631
Taxes, remuneration and social security45€4,259
Taxes450/3€3,509
Remuneration and social security454/9€750
Other amounts payable47/48€5,647
Accrued charges and deferred income492/3€525
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,961
Provisions for liabilities and charges: additions (uses and reversals)635/8€29,853
Other operating charges640/8€767
Non-recurring operating charges66A€4,000
Gross operating margin9900€94,061
Operating profit (loss)9901€55,479
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€4,615
Recurring financial charges65€4,615
Profit (loss) for the period before taxes9903€50,870
Income taxes67/77€17,219
Profit (loss) for the period9904€33,651
Profit (loss) for the period to be appropriated9905€33,651
Appropriation of the result
Profit (loss) to be appropriated9906€33,651
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts (6 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€3,961
Provisions for liabilities and charges: additions (uses and reversals)635/8€29,853
Other operating charges640/8€767
Non-recurring operating charges66A€4,000
Gross operating margin9900€94,061
Operating profit (loss)9901€55,479
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€4,615
Recurring financial charges65€4,615
Profit (loss) for the period before taxes9903€50,870
Income taxes67/77€17,219
Profit (loss) for the period9904€33,651
Profit (loss) for the period to be appropriated9905€33,651
Line2025
Assets
Total assets20/58€76,733
Fixed assets21/28€7,649
Tangible fixed assets22/27€7,649
Furniture and vehicles24€5,617
Other tangible fixed assets26€2,032
Current assets29/58€69,084
Amounts receivable within one year40/41€2,911
Trade receivables40€130
Other amounts receivable41€2,781
Cash at bank and in hand54/58€56,869
Deferred charges and accrued income490/1€9,304
Equity and liabilities
Total equity and liabilities10/49€76,733
Equity10/15€35,818
Contributions10/11€3,000
Profit (loss) carried forward14€32,818
Provisions and deferred taxes16€29,853
Provisions for liabilities and charges160/5€29,853
Other liabilities and charges164/5€29,853
Amounts payable17/49€11,062
Amounts payable within one year42/48€10,537
Trade debts44€631
Suppliers440/4€631
Taxes, remuneration and social security45€4,259
Taxes450/3€3,509
Remuneration and social security454/9€750
Other amounts payable47/48€5,647
Accrued charges and deferred income492/3€525
Line2025
Profit (loss) for the period9904€33,651
+ Depreciation and write-downs630€3,961
Operating cash flow (approximation)€37,612

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
20-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
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
1 act for this company is 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, Chaumont-Gistoux · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
1,996 m²
Building footprint
165 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
Rue Somville 20, 1325 Chaumont-Gistoux
Human health activities
since 20242.366.816.826
Place Albert 1er 18, 1300 Wavre
Human health activities
since 20242.368.959.239
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25018E0334/00B000 Wallonia 1,580 m² 1 · 85 m² -
25055C0156/00C000 Wallonia 416 m² 1 · 80 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

9845007D0CK07H2D7723
live in the LEI register

Similar companies · same sector, comparable size

Of 12,699 companies in sector 86951 we hold annual accounts for 2,146. 1,947 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
Founded25-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
85510Sports and recreation education
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014126288
Also 9925:BE1014126288
Registered 01-10-2024

Register as of 27 September 2026 · Peppol Directory

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