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PhysioWell

Active Private limited companyfounded 2022active for 3 yearsLeuvensesteenweg 554, 1030 SchaerbeekKBO/BCE: BE 0794.929.747

Lifetime

3 annual accounts with figures on one time axis
peak €71,165 (2024)
€29,291▼ 58.8%
lowest -€12,607 (2025)
-€12,607▼ €61,206
peak €83,436 (2024)
€70,829▼ 15.1%
€178,251▲ 320%
Board1 name since 2022
1 director
Documentsfilings and deeds
27-05-202665 days before the deadline
2025micro format
Gross margin from €71,165 to €29,291Loss of €12,607Equity from €83,436 to €70,829Debts from €42,430 to €178,251Investments €218,467Cash from €99,909 to €43,184

Key points

from the 2025 annual accounts

Result

-€12,607 -€12,607
€48,6002024-€12,6002025

From profit to loss in 2025, after a profit of €48,599 in 2024.

Turnover

≈ €88,000 estimated

The micro format states no turnover.

Debts

€178,251 ▲ 320%
Financial debts
+142,104
Other debts
+1,315
Suppliers
+756
The rest
-8,354

Debts rose by €135,821 in 2025.

Investments

€218,467 6.5 × depreciation
202320242025

Green is investment, beige is depreciation. Machinery stands 72.8% higher than in 2024.

Filings

3 annual accounts 1 late
AprilJune31 JulyOctober202320242025

The 2023 accounts came 63 days late. The other two were filed on time.

Position in the sector

-€12,607

Lower net result than 95% of companies in human health. Sector median €60,073 · 20,761 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,271 companies had the same profile as PhysioWell has now. Each dot stands for 4 companies, two years later.

93.5%
were still trading
2.0%
stopped another way
4.1%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 1,271 companies, not a prediction for PhysioWell. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 18-12-2022
  • founderdeed of 21-12-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0794929747
Incorporation Founding capital of €500, 100 shares · Appointment: (director) · Founder: · published on 21-12-2022 · Gazette deed
First establishment Leuvensesteenweg 554, Schaerbeek
All 8 events

Comparable companies

same main activity, similar in size and age
Company
PhysioWell Schaerbeek €249,080 €29,291 28.4% -
Het KinePlein Pelt €223,502 €32,673 6.0% -
Lolalogo Uccle €295,107 €26,385 -5.3% -
Heyrman Jolien Turnhout €212,760 €26,834 10.9% -
Lynn & Charlotte Zoersel €274,060 €34,514 -18.0% -
Praktijk Merckx-Pauwels Sint-Niklaas €203,311 €30,986 0.4% -
Kine.KS Beveren-Kruibeke-Zwijndrecht €236,555 €25,233 4.5% -

These companies have the same main activity as PhysioWell: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €203,000 and €295,000, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 18-12-2022Normal situation
Activity
PhysiotherapyNACE 86951and 1 other
Establishment unit
2.339.536.6641030 Schaerbeek, since 18-12-2022
Financial year end
31 December
Peppol
Reachable since 15-09-2026
Company details

Annual accounts 2025

€249,080▲ 97.9%
Filing
Filed on 27-05-2026, 65 days before the end of the filing period
Financials

Insights on PhysioWell

PhysioWell files the micro format. That format states no turnover. The gross margin fell from €50,820 in 2023 to €29,291 in 2025.

The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.

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 PhysioWell

What is the company number of PhysioWell?
The company number of PhysioWell is 0794.929.747. The VAT number is the same number with BE in front: BE 0794.929.747.
Where is PhysioWell based?
The registered office is at Leuvensesteenweg 554, 1030 Schaerbeek.Company details
What does PhysioWell do?
According to the KBO register, the main activity is physiotherapy (NACE 86951).
What is the legal form of PhysioWell?
PhysioWell is a private limited company (BV).
When was PhysioWell founded?
PhysioWell was founded on 18-12-2022.
Is PhysioWell still active?
Yes, PhysioWell is an active enterprise in the KBO register.
What is the turnover of PhysioWell?
The turnover in financial year 2025 is ≈ €88,000. This figure is estimated from the gross margin of €29,291 and 34 comparable companies (NACE 869). It probably lies between €67,000 and €130,000.Financials
Is PhysioWell profitable?
In financial year 2025, PhysioWell made a loss of €12,607.
Where can I find the annual accounts of PhysioWell?
PhysioWell filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PhysioWell due?
PhysioWell must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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