The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 11,278 companies had the same profile as PHYSIO PLUS has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
Micro
under 2 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,278 companies, not a prediction for PHYSIO PLUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1024666428
Incorporation
Founding capital of €3,000, 100 shares · Founder: Name hiddenVisible after signing in · Appointment: Hidden nameVisible after signing in (director) · published on 26-06-2025 · Gazette deed
First establishment
Notelaarstraat 166, Schaerbeek
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have their main activity in the same NACE class as PHYSIO PLUS: human health activities (NACE 8696). With exactly the same main activity (NACE 86963), too few companies are of comparable size. They are comparable in size and age: total assets between €32,000 and €86,900, founded between 2024 and 2025.
PHYSIO PLUS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,140 and a net result of €32,140.
Its solvency ranks better than 58% of 21,311 sector peers (NACE 86, financial year 2025).
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €110,000 and €200,000.
Balance sheet
balance sheet total €49,509 on 31-12-2025
What the company ownsHow it is paid for
Position in the sector
Sector peers
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
each dot is a set of accounts, on the day it reached the National Bank
2025 annual accounts filed 55 days after the deadline. Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00522616.
per financial year, computed from the annual accounts
Line
Trend
2025
44,995
33,620
11,412
25,581
71.0%
2.78
0.41
91.5%
64.9%
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired
Investment
Investment is what the company bought in the financial year in buildings, machinery, software and other fixed assets. Above depreciation, it is building up. Years below it, it is living off what it has.
Item
2025
Tangible fixed assets
€11,412
€1,480
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on PHYSIO PLUS
Debt's share of the balance-sheet total is 29.0%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
2025202620272028
Name hiddenVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Hidden nameVisible after signing in
Director (not named in the articles), from 24-06-2025 to date
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, tous cas cessions entre vifs,à titre onéreux ou gratuit,volontaires ou…”
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
Name after signing inVisible after signing in100 shares (100%) · €3,000 in cash
Network & group
No group
PHYSIO PLUS has no parent and no holdings in its annual accounts. Name hiddenVisible after signing in is the only director. PHYSIO PLUS shares no director with another company.
At the same address
At the same address
These companies are registered at the seat of PHYSIO PLUS today. That says who is based there, not who owns the building.
Annual accounts 2025 filedNBB ↗micro format · 55 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1024666428
2025
IncorporationFounding capital of €3,000, 100 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 26-06-20255 points ▸
Founder, Hidden nameVisible after signing in
Founding capital, €3,000, 100 shares
100 shares
Registered office clause, rue du Noyer 166/2, 1030 Schaerbeek
Director appointment, Name after signing inVisible after signing in (director (not named in the articles))
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
PurposeThe purpose describes the activities the company may carry out under its articles.
“1. La prestation de soins de santé dans le domaine de la kinésithérapie, de la micro-thérapie, de l'ostéopathie et la mise en œuvre des…”
18 activities
1. La prestation de soins de santé dans le domaine de la kinésithérapie, de la micro-thérapie, de l'ostéopathie et la mise en œuvre des techniques kinésithérapeutiques, ostéopathiques ainsi que toutes les disciplines apparentées et tous les types de soins en rapport avec la kinésithérapie, l'ostéopathie, la réadaptation, la gymnastique médicale ainsi que tous les traitements de rééducation et de revalorisation des aptitudes physiques et éventuellement l'exploitation d'un centre, gestion immobilière comprise, ayant pour objet de fournir tous les soins que ces traitements exigent, en son nom et pour son compte, ainsi que la prestation de soins paramédicaux compatibles avec l'exercice de la kinésithérapie et/ou de l'ostéopathie en tenant compte des règles de déontologie en vigueur, sous la responsabilité de kinésithérapeutes et/ou ostéopathe agréés ou de ses organes légalement habilités à pratiquer ces disciplines, et qui apportent à la société la totalité de leur activité. La société ne pourra poser aucun acte quelconque que dans le strict respect des règles de déontologie professionnelle.
Le contrôle de leur gestion ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés, associations ou entreprises
L'acceptation et l'exercice de mandats relatifs à l'administration, à la gestion, à la direction, au contrôle et à la liquidation desdites sociétés, associations ou entreprises
L'achat, l'administration, la vente de toutes valeurs mobilières et immobilières, de tous droits sociaux et d'une manière plus générale toutes opérations de gestion du portefeuille ainsi constitué
La réalisation d'opérations d'achat, de vente, de location d'immeubles
L'achat, l'échange, la vente, la prise en location et en sous-location, ainsi que la cession en location et en sous-location, le tout avec ou sans option d'achat, l'exploitation et l'entretien de maisons, appartements, bureaux, magasins, fonds de commerce, terrains, terres et domaines, et de manière générale, de tous biens immobiliers, ainsi que toutes opérations de financement
L'érection de toutes constructions pour son compte ou pour compte de tiers, en tant que maître de l'ouvrage ou entrepreneur général, et la réalisation, éventuellement aux biens immobiliers, de transformations et mises en valeur ainsi que l'étude et l'aménagement de lotissements y compris la construction de routes et égouts; la souscription des engagements en tant que conseiller en construction (études de génie civil et des divers équipements techniques des immeubles); l'achat de tous matériaux, la signature de tous contrats d'entreprises qui seraient nécessaires; la réalisation de toutes opérations de change, commission et courtage, ainsi que la gérance d'immeubles
L'achat, l'exploitation et la construction tant pour elle-même que pour des tiers, par location ou autrement, de tous parkings, garages, station-service et d'entretien
La conception, l'invention, la fabrication, la construction, l'importation, l'exportation l'achat et la vente, la distribution, l'entretien, l'exploitation tant en nom propre qu'en qualité d'agent, de commissionnaire ou de courtier: a) de tout bien immobilier accessoire aux biens immobiliers visés ci-dessus; b) de parcomètres, ainsi que de tous autres appareils destinés à contrôler, empêcher ou limiter le stationnement de véhicules, tant sur la voie publique que dans les propriétés privées
L'achat et la vente d'œuvres d'arts et d'objets de collection
La possession et la gestion d'un ou de plusieurs portefeuilles titres
L'achat, la vente, la cession et l'échange de toutes valeurs mobilières, actions, parts sociales, obligations, bons de caisse, fonds d'état, options et de tous droits mobiliers
Le design et la fabrication d'objets mobiliers
Le courtage en ses domaines
L'achat, la vente, le courtage, la commission, le développement, la recherche, la commercialisation, la cession, la concession et la prise de brevets, de droits d'auteur et de tout droit et propriété intellectuels au sens large, ainsi que tout conseil en la matière
La création, le développement, l'édition, la publication et la commercialisation de livres, de programmes, d'applications mobiles, de pages web, de brochures, d'études, de revues, d'articles sur tous les supports papiers et électroniques
La consultance et/ou la prestation de services dans le domaine des ressources humaines, du recrutement et le placement de consultants, notamment par la prestation de services, la formation, et l'expertise dans ce domaine, la réalisation d'études, la programmation et la mise en route des systèmes d'organisation, de vente, de publicité, de marketing liés à ce domaine
La consultance et/ou la prestation de services dans le domaine du graphisme et de l'illustration, notamment par la prestation de services, la formation, et l'expertise dans ce domaine, la réalisation d'études, la programmation et la mise en route des systèmes d'organisation, de vente, de publicité, de marketing liés à ce domaine