Physioworks
ActiveSummary
Physioworks has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,059 and a net result of €785. Equity is growing by about 9.8% per year across the filed financial years. Its solvency ranks better than 26% of 20,612 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Physioworks
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan in de bijlage tot het Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Onder voorbehoud van andersluidende overeenkomsten tussen de aandeelhouders, ieder aandeel een gelijk recht in de winstverdeling” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overgang wegens overlijden, alle aandeelhouders” (deed in Dutch)1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Overblijvende aandelen eerst aan andere aandeelhouders die voorkeurrecht volledig uitoefenden, herhaald tot geplaatst of geen gebruik…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onder voorwaarden, artikel 2:80 WVV” (deed in Dutch)“Gewone meerderheid, algemene vergadering ontbonden vennootschap” (deed in Dutch)