Equity
€18,550 from €95,136 in 2019
Equity fell by 81% in 6 years.
Physio-time
Lifetime
9 annual accounts with figures on one time axispeak €76,795 (2023)
€73,354▲ 66.6%
peak €46,853 (2023)
€45,412▲ 91.7%
peak €95,136 (2019)
€18,550▼ 19.0%
€138,755▲ 2.2%
Board1 name since 2016
1 director
Documentsfilings and deeds
24-06-202637 days before the deadline
2025micro format
Gross margin from €44,028 to €73,354Result from €23,685 to €45,412Dividend €49,767Equity from €22,905 to €18,550Cash from €32,205 to €46,165
Key points
from the 2025 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Debts
€138,755 88% of the balance sheet
Financial debts 18%Suppliers 1%Taxes and wages 6%Other 76%
Of this, €114,365 falls due within a year.
Filings
9 annual accounts since 2017
The last five annual accounts were filed 27 to 66 days before the end of the period.
Starting capital
€18,550 100 shares
Position in the sector
11.8%
Lower solvency than 84% of companies in human health. Sector median 63.1% · 21,322 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,715 companies had the same profile as Physio-time has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 6,715 companies, not a prediction for Physio-time. 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
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0668447190
Amendment of the articles · Legal-form change · Resignations & appointments
holds all the shares · Director in office: · Gazette deed
Registered office moved from Anwerpen to Kontich
New registered office: Dorre Eikstraat 52 bus A, 2550 Kontich (Kazerne) · Previous registered office: Lange Koepoortstraat 45 bus 101, 2000 ANWERPEN · Board meeting of 15-10-2020 · Gazette deed
First establishment
Dorre Eikstraat 52, Kontich
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Physio-time Kontich | €157,305 | €73,354 | 11.8% | - |
| DK KINESITHERAPIEPRAKTIJK Koekelare | €179,251 | €68,700 | 56.2% | - |
| KINECOACH VH Puurs-Sint-Amands | €121,930 | €80,674 | 32.5% | - |
| KORPO Mol | €148,258 | €69,148 | 67.0% | - |
| MULTINETH Grobbendonk | €156,408 | €60,109 | -98.4% | - |
| Kinos-Westerlo Westerlo | €156,882 | €56,891 | 82.0% | - |
| Christophe Reynders Boechout | €207,012 | €75,691 | 1.2% | - |
These companies have the same main activity as Physio-time: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €122,000 and €207,000, founded between 2014 and 2019.
Official details
Source: KBO- Status
- Active since 23-12-2016Normal situation
- Activity
- PhysiotherapyNACE 86951and 3 others
- Establishment unit
- 2.259.797.7162550 Kontich, since 01-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2026
Annual accounts 2025
- €157,305▼ 0.8%
- Filing
- Filed on 24-06-2026, 37 days before the end of the filing period
Insights on Physio-time
Physio-time files the micro format. That format states no turnover. The gross margin rose from €36,781 in 2017 to €73,354 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Physio-time
- What is the company number of Physio-time?
- The company number of Physio-time is 0668.447.190. The VAT number is the same number with BE in front: BE 0668.447.190.
- Where is Physio-time based?
- The registered office is at Dorre Eikstraat 52, 2550 Kontich.Company details
- What does Physio-time do?
- According to the KBO register, the main activity is physiotherapy (NACE 86951).
- What is the legal form of Physio-time?
- Physio-time is a private limited company (BV).
- When was Physio-time founded?
- Physio-time was founded on 23-12-2016.
- Is Physio-time still active?
- Yes, Physio-time is an active enterprise in the KBO register.
- What is the turnover of Physio-time?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €73,354 and 32 comparable companies (NACE 869). It probably lies between €130,000 and €310,000.Financials
- Is Physio-time profitable?
- In financial year 2025, Physio-time made a profit of €45,412.
- Where can I find the annual accounts of Physio-time?
- Physio-time filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Physio-time due?
- Physio-time must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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