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PhysioFlex

Active
Private limited companyfounded 20242 yrs activeGenkseweg 28, 3530 Houthalen-Helchteren, BelgiumKBO/BCE: BE 1004.837.747
Summary

The computed 12-month bankruptcy probability of PhysioFlex is 2.8% (moderate). The 2025 annual accounts show equity of €5,335 and a net result of €4,524. 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
Profitability90▲+75
Solvency68▲+29
Growth78
Track record82
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Three signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
31 d late
2024
70 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 20 days before 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 months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PhysioFlex was incorporated on 17 January 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€5,335▲ 219%
2024 · €1,671
Total assets
€12,354▲ 1.4%
2024 · €12,183
Net result
€4,524
2024 · -€1,329
Working capital
€4,784▲ 522%
2024 · €769
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€2,353-€9,298▲ 295%
Net result-€1,329-€4,524
Equity€1,671-€5,335▲ 219%
Total assets€12,183-€12,354▲ 1.4%
Debt€10,512-€7,019▼ 33.2%
Working capital€769-€4,784▲ 522%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2024: €2,353€2,353Net result 2024: -€1,329-€1,329Operating result 2025: €9,298€9,298Net result 2025: €4,524€4,52420242025-€5,000€0€5,000€10,000Operating result 2024: €2,353€2,350Net result 2024: -€1,329-€1,330Operating result 2025: €9,298€9,300Net result 2025: €4,524€4,52020242025
The operating result rises in 2025; 2025 is 295% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,354
Fixed assets €552 ▼ 38.8%
Current assets €11,802 ▲ 4.6%
Equity and liabilities €12,354
Equity €5,335 ▲ 219%
Debt €7,019 ▼ 33.2%
Debt's share of the balance-sheet total falls from 86.3% to 56.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,648▲
2024 · €2,501
Cash flow
€4,873▲
2024 · -€1,182
Current ratio
1.68▲
2024 · 1.07
Debt to equity
1.32▼
2024 · 6.29
ROE
84.8%▲
2024 · -79.6%
ROA
36.6%▲
2024 · -10.9%
Interest coverage
4.75▲
2024 · 1.17
Debt ≤ 1 year
€7,019▼
2024 · €10,512
Income taxes
€2,743▲
2024 · €1,536
Staff costs
€815▲
2024 · €599
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€12,183€12,354▲
Fixed assets21/28€901€552▼
Tangible fixed assets22/27€901€552▼
Furniture and vehicles24€901€552▼
Current assets29/58€11,281€11,802▲
Amounts receivable within one year40/41€938€257▼
Trade receivables40€938-
Other amounts receivable41-€257
Cash at bank and in hand54/58€9,200€10,520▲
Deferred charges and accrued income490/1€1,143€1,025▼
Equity and liabilities
Total equity and liabilities10/49€12,183€12,354▲
Equity10/15€1,671€5,335▲
Contributions10/11€3,000€3,000=
Reserves13-€2,335
Distributable reserves133-€2,335
Profit (loss) carried forward14-€1,329-
Amounts payable17/49€10,512€7,019▼
Amounts payable within one year42/48€10,512€7,019▼
Trade debts44€6,803€2,496▼
Suppliers440/4€6,803€2,496▼
Taxes, remuneration and social security45€3,536€3,416▼
Taxes450/3€1,536€1,536=
Remuneration and social security454/9€2,000€1,880▼
Other amounts payable47/48€173€1,107▲
Income statement Code20242025
Remuneration, social security and pensions62€599€815▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148€350▲
Other operating charges640/8€306€239▼
Gross operating margin9900€3,405€10,701▲
Operating profit (loss)9901€2,353€9,298▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2,146€2,032▼
Recurring financial charges65€2,146€2,032▼
Profit (loss) for the period before taxes9903€207€7,266▲
Income taxes67/77€1,536€2,743▲
Profit (loss) for the period9904-€1,329€4,524▲
Profit (loss) for the period to be appropriated9905-€1,329€4,524▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,329€3,194▲
Profit (loss) brought forward from the previous period14P--€1,329
Transfer to equity691/2-€2,335
To other reserves6921-€2,335
Profit to be distributed694/7-€859
Return on contributions (dividend)694-€859

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€599€815▲ 36.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€148€350▲ 137%
Other operating charges640/8€306€239▼ 21.9%
Gross operating margin9900€3,405€10,701▲ 214%
Operating profit (loss)9901€2,353€9,298▲ 295%
Financial income75/76B€0--
Recurring financial income75€0--
Financial charges65/66B€2,146€2,032▼ 5.3%
Recurring financial charges65€2,146€2,032▼ 5.3%
Profit (loss) for the period before taxes9903€207€7,266▲ 3,412%
Income taxes67/77€1,536€2,743▲ 78.5%
Profit (loss) for the period9904-€1,329€4,524▲ 440%
Profit (loss) for the period to be appropriated9905-€1,329€4,524▲ 440%
Line20242025Change
Assets
Total assets20/58€12,183€12,354▲ 1.4%
Fixed assets21/28€901€552▼ 38.8%
Tangible fixed assets22/27€901€552▼ 38.8%
Furniture and vehicles24€901€552▼ 38.8%
Current assets29/58€11,281€11,802▲ 4.6%
Amounts receivable within one year40/41€938€257▼ 72.6%
Trade receivables40€938--
Other amounts receivable41-€257-
Cash at bank and in hand54/58€9,200€10,520▲ 14.3%
Deferred charges and accrued income490/1€1,143€1,025▼ 10.3%
Equity and liabilities
Total equity and liabilities10/49€12,183€12,354▲ 1.4%
Equity10/15€1,671€5,335▲ 219%
Contributions10/11€3,000€3,000=
Reserves13-€2,335-
Distributable reserves133-€2,335-
Profit (loss) carried forward14-€1,329--
Amounts payable17/49€10,512€7,019▼ 33.2%
Amounts payable within one year42/48€10,512€7,019▼ 33.2%
Trade debts44€6,803€2,496▼ 63.3%
Suppliers440/4€6,803€2,496▼ 63.3%
Taxes, remuneration and social security45€3,536€3,416▼ 3.4%
Taxes450/3€1,536€1,536=
Remuneration and social security454/9€2,000€1,880▼ 6.0%
Other amounts payable47/48€173€1,107▲ 540%
Line20242025Change
Profit (loss) for the period9904-€1,329€4,524▲ 440%
+ Depreciation and write-downs630€148€350▲ 137%
Operating cash flow (approximation)-€1,182€4,873▲ 512%
Investment in fixed assets (approximation)-€0-
Change in cash-€1,320-

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Back to profitnet €4,524
Net result €4,524 after one loss-making year.
22-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Houthalen-Helchteren · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
806 m²
Building footprint
147 m²
Volume, LiDAR
844 m³
Parcel 72014C0521/00M002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PhysioFlex
Genkseweg 28, 3530 Houthalen-HelchterenSports and recreation education
since 20242.354.575.327
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72014C0521/00M002 Flanders 806 m² 1 · 147 m² 8.0 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 · 773 EUR awarded · 773 EUR paid
Year Entries awardedpaid
2025 1 527 EUR527 EUR
2024 1 246 EUR246 EUR
Schemes
2 entries · 773 EUR · 773 EUR paid · Fonds voor Innoveren en Ondernemen

Identification & contact

Identification
Legal formPrivate limited company
Founded17-01-2024
Fiscal year end31-12

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