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PhysioMed & Co

Active
Private limited companyfounded 20242 yrs activeAvenue Roi Albert 724, 7012 Mons, BelgiumKBO/BCE: BE 1007.299.567
Summary

The computed 12-month bankruptcy probability of PhysioMed & Co is 1.8% (moderate). The 2025 annual accounts show equity of €41,447 and a net result of -€11,258. Its solvency ranks better than 49% of 4695 sector peers (fiscal year 2025). 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
Profitability73▼-27
Solvency51▼-1
Growth22
Track record82
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.33 in 2024; short-term debt: 74.5% and cash: 22.4% of total assets), and 74.5% of the assets are financed with debt.
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Signals

Four 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
25.5%
Return on assets
-6.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
51 d early
2024
20 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 16 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed 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
27-09-2026 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

On 19 March 2024, PhysioMed & Co was incorporated 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

Turnover
€107,723▼ 24.2%
2024 · €142,082
EBIT margin
-1.0%▼ 34.6pp
2024 · 33.6%
Net result
-€11,258
2024 · €47,706
Working capital
-€79,959▲ 15.7%
2024 · -€94,861
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
Turnover€142,082-€107,723▼ 24.2%
Operating result€47,706--€1,101
Net result€47,706--€11,258
EBIT margin33.6%--1.0%▼ 34.6pp
Equity€52,706-€41,447▼ 21.4%
Total assets€195,262-€162,308▼ 16.9%
Debt€142,556-€120,861▼ 15.2%
Working capital-€94,861--€79,959▲ 15.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2024: €47,706€47,706Net result 2024: €47,706€47,706Operating result 2025: -€1,101-€1,101Net result 2025: -€11,258-€11,25820242025-€20,000€0€20,000€40,000Operating result 2024: €47,706€47,700Net result 2024: €47,706€47,700Operating result 2025: -€1,101-€1,100Net result 2025: -€11,258-€11,30020242025
The operating result turns negative in 2025: a loss of €1,101 after €47,706 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €162,156
Fixed assets €121,253 ▼ 17.3%
Current assets €40,902 ▼ 14.2%
Equity and liabilities €162,308
Equity €41,447 ▼ 21.4%
Debt €120,861 ▼ 15.2%
Debt's share of the balance-sheet total rises from 73.0% to 74.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€29,992▼
2024 · €74,687
Cash flow
€19,835▼
2024 · €74,686
Current ratio
0.34▲
2024 · 0.33
Quick ratio
0.30▼
2024 · 0.33
Debt to equity
2.92▲
2024 · 2.70
ROE
-27.2%▼
2024 · 90.5%
ROA
-6.9%▼
2024 · 24.4%
Interest coverage
227.13▼
2024 · 122437.57
Debt ≤ 1 year
€120,861▼
2024 · €142,556
Income taxes
€10,025
Staff costs
€2,150▼
2024 · €2,540
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,270 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
3.6% went bankrupt
2.0% stopped otherwise
93% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 1,270 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 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€195,262€162,308▼
Formation expenses20€870€153▼
Fixed assets21/28€146,697€121,253▼
Intangible fixed assets21€124,258€104,252▼
Tangible fixed assets22/27€22,440€17,002▼
Land and buildings22€7,737€8,787▲
Plant, machinery and equipment23€10,176€4,846▼
Furniture and vehicles24€4,526€3,369▼
Current assets29/58€47,695€40,902▼
Stocks and contracts in progress3-€4,260
Stocks30/36-€4,260
Amounts receivable within one year40/41€23,132-
Trade receivables40€23,132-
Cash at bank and in hand54/58€24,383€36,322▲
Deferred charges and accrued income490/1€180€321▲
Equity and liabilities
Total equity and liabilities10/49€195,262€162,308▼
Equity10/15€52,706€41,447▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€47,706€36,447▼
Amounts payable17/49€142,556€120,861▼
Amounts payable within one year42/48€142,556€120,861▼
Trade debts44€614€10,931▲
Suppliers440/4€614€10,931▲
Other amounts payable47/48€141,942€109,930▼
Income statement Code20242025
Turnover70€142,082€107,723▼
Goods, raw materials, services and sundry goods60/61€64,220€72,413▲
Remuneration, social security and pensions62€2,540€2,150▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,981€31,094▲
Other operating charges640/8€635€3,168▲
Gross operating margin9900€77,862€35,310▼
Operating profit (loss)9901€47,706-€1,101▼
Financial charges65/66B€1€132▲
Recurring financial charges65€1€132▲
Profit (loss) for the period before taxes9903€47,706-€1,233▼
Income taxes67/77-€10,025
Profit (loss) for the period9904€47,706-€11,258▼
Profit (loss) for the period to be appropriated9905€47,706-€11,258▼
Appropriation of the result
Profit (loss) to be appropriated9906€47,706€36,447▼
Profit (loss) brought forward from the previous period14P-€47,706

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€142,082€107,723▼ 24.2%
Goods, raw materials, services and sundry goods60/61€64,220€72,413▲ 12.8%
Remuneration, social security and pensions62€2,540€2,150▼ 15.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,981€31,094▲ 15.2%
Other operating charges640/8€635€3,168▲ 399%
Gross operating margin9900€77,862€35,310▼ 54.7%
Operating profit (loss)9901€47,706-€1,101▼ 102%
Financial charges65/66B€1€132▲ 21,548%
Recurring financial charges65€1€132▲ 21,548%
Profit (loss) for the period before taxes9903€47,706-€1,233▼ 103%
Income taxes67/77-€10,025-
Profit (loss) for the period9904€47,706-€11,258▼ 124%
Profit (loss) for the period to be appropriated9905€47,706-€11,258▼ 124%
Line20242025Change
Assets
Total assets20/58€195,262€162,308▼ 16.9%
Formation expenses20€870€153▼ 82.4%
Fixed assets21/28€146,697€121,253▼ 17.3%
Intangible fixed assets21€124,258€104,252▼ 16.1%
Tangible fixed assets22/27€22,440€17,002▼ 24.2%
Land and buildings22€7,737€8,787▲ 13.6%
Plant, machinery and equipment23€10,176€4,846▼ 52.4%
Furniture and vehicles24€4,526€3,369▼ 25.6%
Current assets29/58€47,695€40,902▼ 14.2%
Stocks and contracts in progress3-€4,260-
Stocks30/36-€4,260-
Amounts receivable within one year40/41€23,132--
Trade receivables40€23,132--
Cash at bank and in hand54/58€24,383€36,322▲ 49.0%
Deferred charges and accrued income490/1€180€321▲ 78.4%
Equity and liabilities
Total equity and liabilities10/49€195,262€162,308▼ 16.9%
Equity10/15€52,706€41,447▼ 21.4%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€47,706€36,447▼ 23.6%
Amounts payable17/49€142,556€120,861▼ 15.2%
Amounts payable within one year42/48€142,556€120,861▼ 15.2%
Trade debts44€614€10,931▲ 1,680%
Suppliers440/4€614€10,931▲ 1,680%
Other amounts payable47/48€141,942€109,930▼ 22.6%
Line20242025Change
Profit (loss) for the period9904€47,706-€11,258▼ 124%
+ Depreciation and write-downs630€26,981€31,094▲ 15.2%
Operating cash flow (approximation)€74,686€19,835▼ 73.4%
Investment in fixed assets (approximation)--€5,650-
Change in cash-€11,939-

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
10-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
20-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Mons · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
176 m²
Building footprint
73 m²
Volume, LiDAR
655 m³
Parcel 53043B0647/00K002, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
PhysioMed & Co
Avenue Roi Albert 724, 7012 MonsRetail trade
since 20242.358.665.064
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53043B0647/00K002 Wallonia 176 m² 1 · 73 m² 10.4 m · 3 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.

Similar companies · same sector, comparable size

Of 24,865 companies in sector 96220 we hold annual accounts for 1,441. 1,150 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID 0208:1007299567
Also 9925:BE1007299567
Registered 12-01-2026

Register as of 27 September 2026 · Peppol Directory

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