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PHYSIO IMMO

Active
Public limited companyfounded 2024active for 1 yearRue de la Bachée 21, 1380 Lasne, BelgiumKBO/BCE: BE 1015.555.356
Summary

PHYSIO IMMO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,397 and a net result of -€31,103. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, abbreviated format

Equity
€31,397
Total assets
€1.5m
Net result
-€31,103
Working capital
-€323,865

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €1.5m
Fixed assets €1.5m
Current assets €12,415
Equity and liabilities €1.5m
Equity €31,397
Debt €1.5m
Debt finances 97.9% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€54,311
Cash flow
€15,058
Current ratio
0.04
Debt to equity
46.56
ROE
-99.1%
ROA
-2.1%
Interest coverage
1.38
Debt ≤ 1 year
€336,279
Debt > 1 year
€1.1m

Peer companies

Historical observation

Of the 120 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 95.8% are still going.

  • Small
  • under 2 years old
  • solvency under 10%
  • a small loss
2.5% went bankrupt
1.7% stopped otherwise
95.8% still going

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 497,472 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 74.5% 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 120 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 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€1.5m
Fixed assets21/28€1.5m
Tangible fixed assets22/27€1.5m
Land and buildings22€1.5m
Current assets29/58€0.01m
Cash at bank and in hand54/58€0.01m
Deferred charges and accrued income490/1€275
Equity and liabilities
Total equity and liabilities10/49€1.5m
Equity10/15€0.03m
Contributions10/11€0.06m
Capital10€0.06m
Issued capital100€0.06m
Profit (loss) carried forward14-€0.03m
Amounts payable17/49€1.5m
Amounts payable after more than one year17€1.1m
Financial debts170/4€1.1m
Amounts payable within one year42/48€0.3m
Current portion of amounts payable after more than one year42€0.04m
Other amounts payable47/48€0.3m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.05m
Other operating charges640/8€0.002m
Gross operating margin9900€0.06m
Operating profit (loss)9901€0.008m
Financial income75/76B€183
Recurring financial income75€183
Financial charges65/66B€0.04m
Recurring financial charges65€0.04m
Profit (loss) for the period before taxes9903-€0.03m
Profit (loss) for the period9904-€0.03m
Profit (loss) for the period to be appropriated9905-€0.03m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.03m

The notes to these accounts (5 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€46,161
Other operating charges640/8€1,931
Gross operating margin9900€56,242
Operating profit (loss)9901€8,150
Financial income75/76B€183
Recurring financial income75€183
Financial charges65/66B€39,436
Recurring financial charges65€39,436
Profit (loss) for the period before taxes9903-€31,103
Profit (loss) for the period9904-€31,103
Profit (loss) for the period to be appropriated9905-€31,103
Line2025
Assets
Total assets20/58€1.5m
Fixed assets21/28€1.5m
Tangible fixed assets22/27€1.5m
Land and buildings22€1.5m
Current assets29/58€0.01m
Cash at bank and in hand54/58€0.01m
Deferred charges and accrued income490/1€275
Equity and liabilities
Total equity and liabilities10/49€1.5m
Equity10/15€0.03m
Contributions10/11€0.06m
Capital10€0.06m
Issued capital100€0.06m
Profit (loss) carried forward14-€0.03m
Amounts payable17/49€1.5m
Amounts payable after more than one year17€1.1m
Financial debts170/4€1.1m
Amounts payable within one year42/48€0.3m
Current portion of amounts payable after more than one year42€0.04m
Other amounts payable47/48€0.3m
Line2025
Profit (loss) for the period9904-€31,103
+ Depreciation and write-downs630€46,161
Operating cash flow (approximation)€15,058

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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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 29-07-2026 2026-00348396

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.