Physio DG
ActiveSummary
The computed 12-month bankruptcy probability of Physio DG is 2.6% (moderate). The 2025 annual accounts show equity of €58,836 and a net result of €23,903. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability96▼-4
Solvency78▲+13
Growth52
Track record82
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.44 against 1.89 in 2024; short-term debt: 24.7% and cash: 58.2% of total assets), and 46.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
53.4%
Return on assets
21.7%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
24 d early
2024
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€58,836▲ 68.4%
2024 · €34,933
Total assets
€110,139▲ 25.0%
2024 · €88,096
Net result
€23,903▼ 20.1%
2024 · €29,933
Working capital
€39,179▲ 114%
2024 · €18,284
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€38,012-€31,851▼ 16.2%
Net result€29,933-€23,903▼ 20.1%
Equity€34,933-€58,836▲ 68.4%
Total assets€88,096-€110,139▲ 25.0%
Debt€53,163-€51,303▼ 3.5%
Working capital€18,284-€39,179▲ 114%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110,139
Fixed assets
€43,764 ▼ 11.4%
Current assets
€66,375 ▲ 71.4%
Equity and liabilities €110,139
Equity
€58,836 ▲ 68.4%
Debt
€51,303 ▼ 3.5%
Debt's share of the balance-sheet total falls from 60.3% to 46.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42,118▲
2024 · €38,881
Cash flow
€34,169▲
2024 · €30,802
Current ratio
2.44▲
2024 · 1.89
Debt to equity
0.87▼
2024 · 1.52
ROE
40.6%▼
2024 · 85.7%
ROA
21.7%▼
2024 · 34.0%
Interest coverage
32.64▼
2024 · 160.91
Debt ≤ 1 year
€27,196▲
2024 · €20,431
Debt > 1 year
€24,107▼
2024 · €31,868
Income taxes
€6,677▼
2024 · €7,837
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €869 | €10,267 | ▲ 1,082% |
| Other operating charges640/8 | €62 | €62 | = |
| Gross operating margin9900 | €38,943 | €42,180 | ▲ 8.3% |
| Operating profit (loss)9901 | €38,012 | €31,851 | ▼ 16.2% |
| Financial income75/76B | €0 | €18 | ▲ 91,650% |
| Recurring financial income75 | €0 | €18 | ▲ 91,650% |
| Financial charges65/66B | €242 | €1,290 | ▲ 434% |
| Recurring financial charges65 | €242 | €1,290 | ▲ 434% |
| Profit (loss) for the period before taxes9903 | €37,771 | €30,579 | ▼ 19.0% |
| Income taxes67/77 | €7,837 | €6,677 | ▼ 14.8% |
| Profit (loss) for the period9904 | €29,933 | €23,903 | ▼ 20.1% |
| Profit (loss) for the period to be appropriated9905 | €29,933 | €23,903 | ▼ 20.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €88,096 | €110,139 | ▲ 25.0% |
| Fixed assets21/28 | €49,381 | €43,764 | ▼ 11.4% |
| Tangible fixed assets22/27 | €49,381 | €43,764 | ▼ 11.4% |
| Furniture and vehicles24 | €49,381 | €43,764 | ▼ 11.4% |
| Current assets29/58 | €38,715 | €66,375 | ▲ 71.4% |
| Cash at bank and in hand54/58 | €17,715 | €64,098 | ▲ 262% |
| Deferred charges and accrued income490/1 | €21,000 | €2,277 | ▼ 89.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €88,096 | €110,139 | ▲ 25.0% |
| Equity10/15 | €34,933 | €58,836 | ▲ 68.4% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €29,933 | €53,836 | ▲ 79.9% |
| Distributable reserves133 | €29,933 | €53,836 | ▲ 79.9% |
| Amounts payable17/49 | €53,163 | €51,303 | ▼ 3.5% |
| Amounts payable after more than one year17 | €31,868 | €24,107 | ▼ 24.4% |
| Financial debts170/4 | €31,868 | €24,107 | ▼ 24.4% |
| Amounts payable within one year42/48 | €20,431 | €27,196 | ▲ 33.1% |
| Current portion of amounts payable after more than one year42 | €7,517 | €7,761 | ▲ 3.2% |
| Trade debts44 | €109 | €100 | ▼ 8.7% |
| Suppliers440/4 | €109 | €100 | ▼ 8.7% |
| Taxes, remuneration and social security45 | €9,837 | €16,510 | ▲ 67.8% |
| Taxes450/3 | €7,837 | €14,510 | ▲ 85.1% |
| Remuneration and social security454/9 | €2,000 | €2,000 | = |
| Other amounts payable47/48 | €2,968 | €2,825 | ▼ 4.8% |
| Accrued charges and deferred income492/3 | €864 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €29,933 | €23,903 | ▼ 20.1% |
| + Depreciation and write-downs630 | €869 | €10,267 | ▲ 1,082% |
| Operating cash flow (approximation) | €30,802 | €34,169 | ▲ 10.9% |
| Investment in fixed assets (approximation) | - | -€4,649 | - |
| Change in cash | - | €46,384 | - |
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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 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
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, Hasselt · 1 establishment unit since 2024
Ground area
1,004 m²
Building footprint
203 m²
Volume, LiDAR
1,146 m³
Parcel 71483E0456/00C000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Physio DG
since 20242.361.973.358
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71483E0456/00C000 | Flanders | 1,004 m² | 1 · 203 m² | 8.6 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 696 EUR awarded · 696 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 456 EUR | 456 EUR |
| 2024 | 1 | 240 EUR | 240 EUR |
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2024
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.