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PHYSIOSTÉA

Active
Private limited companyfounded 1991active for 35 yearsRue Bourlon(Bassil) 48, 7830 Silly, BelgiumKBO/BCE: BE 0445.650.266
Summary

PHYSIOSTÉA has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €5,153 and a net result of €6,317. Equity is growing by about 42% per year across the filed financial years. Its solvency ranks better than 58% of 1,244 sector peers (NACE 86, financial year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Physiotherapy
NACE 86951
5th oldest company in Silly, Health and social work sector
Size
€48,234turnover 2024
Equity
€5,153
Profit
€6,317
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Accounts 83 days overdue
Why 56raises riskCapped at 59: a confirmed filing finding1 financial year not filed after the legal deadline; latest accounts 119 days late; 1 of the last 3 latelowers riskSector: Human health activities (NACE 86)Liquidity: current ratio 2.23, cash €2,242Founded in 1991Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 61% of its sector peers (NACE 86, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 87+87
equity 62.5% of total assets
Liquidity 67+54
short-term debt 37.5% · cash 27.2%
Profitability 92+92
return on assets 76.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (24,098 companies, NACE 86, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.4%▲ +0.1 percentage points vs 01-2025 03-2025: 1.6%▲ +0.2 percentage points vs 02-2025 04-2025: 1.7%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%▼ -0.2 percentage points vs 04-2025 06-2025: 1.4%▼ -0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.4 percentage points vs 06-2025 08-2025: 2.0%▲ +0.2 percentage points vs 07-2025 09-2025: 2.0%● unchanged vs 08-2025 10-2025: 2.2%▲ +0.2 percentage points vs 09-2025 11-2025: 2.3%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.4%▼ -1.9 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.1%▼ -0.3 percentage points vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.23, above the usual 1.5; short-term debt: 37.5% and cash: 27.2% of total assets), and 37.5% 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 (NACE 86, micro): better than 50% on solvency, 47% on liquidity, 48% on profitability and 99% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
lowers riskraises risk
lowers risk · Sector: Human health activities (NACE 86)
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 119 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 2.23, cash €2,242
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 83 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline22-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-11-2025, 119 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
119 days late
2023
29 days late
2022
30 days late
2021
30 days late
2020
29 days late
2019
98 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 56 days after the deadline; the sector median (NACE 86) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Back to profitnet €6,317
  3. Liquidity more than 5 timescurrent ratio 2.23

Key points

  • Caution: Among the weakest 8% on equitysector median €319,240 · 1,244 companies €5,153 View
  • Caution: Accounts not fileddeadline was 31-07-2026 83 days late View
  • Active since 1991founded 17-10-1991 35 years View

By topic

Financials

Financial year
2024
Turnover
€48,234
Profit
€6,317
Solvency
62.5%
Turnover▲ 7,321%
Net result
20232024
Go to Financials

Timeline

Events
36
Since
1993
  1. 29-08-2024Annual accounts filed
  2. 23-02-2024Resignation: Karine LEBEGGE (director)
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Legal form
Private limited company
Activity
PhysiotherapyNACE 86951
Founded
17-10-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
29
Annual meeting
Second Friday of May at 11:00
Purpose
“L’exercice et la mise en œuvre des techniques kinésithérapeutiques ainsi que toutes les…” (deed in French)
Go to Articles of association

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