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Physio Vanee

Active
Private limited companyfounded 2024active for 2 yearsFaiderstraat 34, 1050 Elsene, BelgiumKBO/BCE: BE 1007.118.732
Summary

Physio Vanee has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,636 and a net result of €20,636. The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
“La pratique de soins de kinésithérapie et thérapie manuelle ;” (deed in French)
From the articles, 8 activitiesNo NACE code in the KBO yet1 site
Size
€31,115total assets 2025
Equity
€22,636
Profit
€20,636
Turnover not published (abbreviated format)
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts filed 21 days late
Why 66raises riskFounded in 2024No main activity registeredSize: total assets €31,115lowers riskLiquidity: current ratio 3.62, cash €9,905Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 74% of its sector peers (no NACE code, micro)
Financial strength
Strong
Solvency 98
equity 72.7% of total assets
Liquidity 79
short-term debt 27.3% · cash 31.8%
Profitability 100
return on assets 66.3%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 04-2025: 2.5% 05-2025: 2.6%▲ +0.1 percentage points vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025 07-2025: 3.2%▲ +0.6 percentage points vs 06-2025 08-2025: 3.2%● unchanged vs 07-2025 09-2025: 3.5%▲ +0.3 percentage points vs 08-2025 10-2025: 3.7%▲ +0.2 percentage points vs 09-2025 11-2025: 3.7%● unchanged vs 10-2025 12-2025: 3.6%▼ -0.1 percentage points vs 11-2025 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 4.0%▲ +0.4 percentage points vs 01-2026 03-2026: 4.0%● unchanged vs 02-2026 04-2026: 4.8%▲ +0.8 percentage points vs 03-2026highest value 05-2026: 4.8%● unchanged vs 04-2026highest value 06-2026: 4.8%● unchanged vs 05-2026highest value 07-2026: 4.8%● unchanged vs 06-2026highest value 08-2026: 4.8%● unchanged vs 07-2026highest value 09-2026: 1.4%▼ -3.4 percentage points vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.62, above the usual 1.5; short-term debt: 27.3% and cash: 31.8% of total assets), and 27.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 61% on solvency, 72% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · No main activity registered
KBO
lowers risk · Liquidity: current ratio 3.62, cash €9,905
NBB · annual accounts
raises risk · Size: total assets €31,115
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
21 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. IncorporationAppointment: BENJAMIN Neeva Edith Marie…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00413191.

Equity
€22,636
Total assets
€31,115
Net result
€20,636
Working capital
€22,239

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

Balance-sheet composition
Assets €31,115
Fixed assets €397
Current assets €30,718
Equity and liabilities €31,115
Equity €22,636
Debt €8,479
Debt finances 27.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€30,383
Cash flow
€22,723
Current ratio
3.62
Debt to equity
0.37
ROE
91.2%
ROA
66.3%
Interest coverage
over 100
Debt ≤ 1 year
€8,479
Income taxes
€8,000

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

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 39,278 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 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€31,115
Fixed assets21/28€397
Tangible fixed assets22/27€397
Furniture and vehicles24€397
Current assets29/58€30,718
Amounts receivable within one year40/41€20,813
Other amounts receivable41€20,813
Cash at bank and in hand54/58€9,905
Equity and liabilities
Total equity and liabilities10/49€31,115
Equity10/15€22,636
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€20,636
Amounts payable17/49€8,479
Amounts payable within one year42/48€8,479
Taxes, remuneration and social security45€8,479
Taxes450/3€8,081
Remuneration and social security454/9€398
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,087
Other operating charges640/8€2,825
Gross operating margin9900€33,208
Operating profit (loss)9901€28,296
Financial income75/76B€563
Recurring financial income75€563
Financial charges65/66B€223
Recurring financial charges65€223
Profit (loss) for the period before taxes9903€28,636
Income taxes67/77€8,000
Profit (loss) for the period9904€20,636
Profit (loss) for the period to be appropriated9905€20,636
Appropriation of the result
Profit (loss) to be appropriated9906€20,636

The notes to these accounts (8 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€2,087
Other operating charges640/8€2,825
Gross operating margin9900€33,208
Operating profit (loss)9901€28,296
Financial income75/76B€563
Recurring financial income75€563
Financial charges65/66B€223
Recurring financial charges65€223
Profit (loss) for the period before taxes9903€28,636
Income taxes67/77€8,000
Profit (loss) for the period9904€20,636
Profit (loss) for the period to be appropriated9905€20,636
Line2025
Assets
Total assets20/58€31,115
Fixed assets21/28€397
Tangible fixed assets22/27€397
Furniture and vehicles24€397
Current assets29/58€30,718
Amounts receivable within one year40/41€20,813
Other amounts receivable41€20,813
Cash at bank and in hand54/58€9,905
Equity and liabilities
Total equity and liabilities10/49€31,115
Equity10/15€22,636
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€20,636
Amounts payable17/49€8,479
Amounts payable within one year42/48€8,479
Taxes, remuneration and social security45€8,479
Taxes450/3€8,081
Remuneration and social security454/9€398
Line2025
Profit (loss) for the period9904€20,636
+ Depreciation and write-downs630€2,087
Operating cash flow (approximation)€22,723

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 21-08-2026 2026-00413191

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

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 14 March 2024, Physio Vanee was incorporated as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
21-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 21 days late
2024
18-03
Gazette deed Incorporation
Appointment: BENJAMIN Neeva Edith Marie (director) · Founder · Founding capital7 facts ▸
  • Incorporation, 06-03-2024
  • Founder, BENJAMIN Neeva Edith Marie
  • Founding capital, €2,000
  • Bank account, “Banque ING Belgique”, 2000.0 (deed in French)
  • Registered office clause, “1050 Ixelles, rue Faider 34” (deed in French)
  • Board rule, 1
  • Director appointment, BENJAMIN Neeva Edith Marie (director (not named in the articles))
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded14-03-2024
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 20 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
449 m²
Building footprint
457 m²
Building volume
4,237 m³
2 parcels, Brussels · tallest building 18.1 m. Linked by address, not a title deed.
1 establishment unit
Physio Vanee
Vandernootstraat 27, 1080 Sint-Jans-MolenbeekPhysiotherapy
since 2024unit no. 2.358.550.347
2 parcels
Brussels 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
21012A0090/00T002 Brussels 396 m² 1 · 405 m² 18.1 m · 3
21447A0334/00D022 Brussels 53 m² 1 · 53 m² 16.7 m · 5
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La pratique de soins de kinésithérapie et thérapie manuelle; Toutes opérations se rapportant à l'exercice de la kinésithérapie et de…” (deed in French)
8 activities (deed in French)
  1. La pratique de soins de kinésithérapie et thérapie manuelle ;
  2. Toutes opérations se rapportant à l'exercice de la kinésithérapie et de thérapie manuelle et à la mise en œuvre des techniques kinésithérapeutiques et thérapie manuelle ainsi que, sans que cette énumération soit limitative, toutes disciplines apparentées et tous les types de soins en rapport avec la kinésithérapie, l'électrothérapie, 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 ayant pour objet de fournir tous les soins que ces traitements exigent, et notamment : kinésithérapie sportive et vestibulaire, rhumatologie, traumatologie, douleurs arthrosiques, orthopédique, respiratoire, uro-gynécologique, obstétrique, périnatale, neurologique, cardio-vasculaire, en gérontologie, activités de réadaptation fonctionnelle, rééducation médicale, orthopédie, ré-harmonisation corporelle, psychomotricité.
  3. La société pourra, d'une façon générale, accomplir toutes opérations industrielles, économiques, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partiellement, la réalisation et le développement, dont notamment (sans que cette énumération soit limitative), l'achat, la vente, l'échange, la construction, la reconstruction, la démolition, la transformation, l'exploitation, la location et la gérance de tous immeubles bâtis, meublés ou non ; l'achat, la vente, l'échange, la mise en valeur, le lotissement, l'exploitation, la location et l'affermage de tous immeubles non bâtis, les prestations de location et de vente de tous matériels relatifs à l’objet.
  4. Elle peut donner à bail ses installations et exploitations ou les donner à gérer à des tiers, en tout ou en partie.
  5. L'objet pourra être exercé au domicile du patient, dans un cabinet ou à tout autre endroit privé, professionnel, commercial, industriel, scolaire, hospitalier, administratif ou service public, à l'intervention personnelle d'un ou plusieurs kinésithérapeutes associés ou employés dans la société.
  6. Elle dispose, d’une manière générale, d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet.
  7. Elle peut s'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations ou entreprises dont l'objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
  8. Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Physio Vanee
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région bruxelloise” (deed in French)

deed of 18-03-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“réunion de l’organe d’administration. Les décisions de l’organe d’administration collégial peuvent être prises par accord écrit unanime de…”
Board ruleHow the board is made up, meets and takes decisions.
“Un ou plusieurs administrateurs, nommés avec ou sans limitation de durée” (deed in French)
“Proposition rejetée, chaque administrateur peut donner procuration à un autre administrateur” (deed in French)

deed of 18-03-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Monday of June at 19:00

deed of 18-03-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Biens conservés remis pour être partagés dans la même proportion, actif net réparti entre tous les actionnaires en proportion de leurs…” (deed in French)

deed of 18-03-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Chaque action, droit égal dans la répartition des bénéfices et des produits de la liquidation” (deed in French)
Other provision: “Gestion journalière, en tout temps” (deed in French)
Other provision: “Répartition des bénéfices et distributions, articles 5:142 et 5:143 du Code des sociétés et des associations” (deed in French)
1 more provision in the deed, see the deed of 18-03-2024

deed of 18-03-2024