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PODO-SG

Active
Private limited companyfounded 20224 yrs activeRue du Petit-Clinchamp(ML) 16, 5020 Namur, BelgiumKBO/BCE: BE 0787.387.305
Summary

PODO-SG has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,906 and a net result of €18,083. Equity is growing by ~130.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 16810 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+6
Solvency80▲+33
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 0.58 in 2024; short-term debt: 36.2% and cash: 20.4% of total assets), and 45.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.9%
Return on assets
34.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
52 d early
2024
44 d early
2023
55 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 50 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 10 December (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close30-09-2026 today31-01-2027 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 17 June 2022, PODO-SG was incorporated as a Private limited company.1 Total assets went from EUR 19,134 in 2023 to EUR 52,606 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€28,906▲ 167%
2024 · €10,823
Total assets
€52,606▲ 5.6%
2024 · €49,816
Net result
€18,083▲ 78.2%
2024 · €10,149
Working capital
€8,932
2024 · -€10,804
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€951-€15,485€23,870▲ 54.1%
Net result-€1,326below the sector's middle half-€10,149below the sector's middle half€18,083below the sector's middle half▲ 78.2%
Equity€674below the sector's middle half-€10,823below the sector's middle half▲ 1,505%€28,906below the sector's middle half▲ 167%
Total assets€19,134below the sector's middle half-€49,816below the sector's middle half▲ 160%€52,606below the sector's middle half▲ 5.6%
Debt€18,459-€38,993▲ 111%€23,700▼ 39.2%
Working capital-€15,761below the sector's middle half--€10,804below the sector's middle half▲ 31.5%€8,932below the sector's middle half
Solvency3.5%below the sector's middle half-21.7%below the sector's middle half▲ 18.2pp54.9%within the sector's middle half▲ 33.2pp
Current ratio0.15below the sector's middle half-0.58below the sector's middle half▲ 0.431.47within the sector's middle half▲ 0.89
Return on assets (ROA)-6.9%below the sector's middle half-20.4%within the sector's middle half▲ 27.3pp34.4%within the sector's middle half▲ 14.0pp
above within below the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2023: -€951-€951Net result 2023: -€1,326-€1,326Operating result 2024: €15,485€15,485Net result 2024: €10,149€10,149Operating result 2025: €23,870€23,870Net result 2025: €18,083€18,083202320242025-€10,000€0€10,000€20,000Operating result 2023: -€951-€951Net result 2023: -€1,326-€1,330Operating result 2024: €15,485€15,500Net result 2024: €10,149€10,100Operating result 2025: €23,870€23,900Net result 2025: €18,083€18,100202320242025
The operating result has risen two years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,132
Fixed assets €24,142 ▼ 30.0%
Current assets €27,990 ▲ 91.3%
Equity and liabilities €52,606
Equity €28,906 ▲ 167%
Debt €23,700 ▼ 39.2%
Debt's share of the balance-sheet total falls from 78.3% to 45.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35,898▲
2024 · €26,916
Cash flow
€30,111▲
2024 · €21,580
Debt to equity
0.82▼
2024 · 3.60
ROE
62.6%▼
2024 · 93.8%
Interest coverage
23.56▲
2024 · 11.40
Debt ≤ 1 year
€19,058▼
2024 · €25,438
Debt > 1 year
€4,641▼
2024 · €13,556
Income taxes
€5,167▲
2024 · €3,312
Staff costs
€1,338=
2024 · €1,338
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

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 39,278 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 · 51 lines
Balance sheet Code20242025
Assets
Total assets20/58€49,816€52,606▲
Formation expenses20€715€474▼
Fixed assets21/28€34,467€24,142▼
Tangible fixed assets22/27€34,467€24,142▼
Plant, machinery and equipment23€3,599€3,489▼
Furniture and vehicles24€29,482€19,735▼
Other tangible fixed assets26€1,386€918▼
Current assets29/58€14,634€27,990▲
Amounts receivable within one year40/41€13,884€16,524▲
Trade receivables40€320€226▼
Other amounts receivable41€13,564€16,298▲
Cash at bank and in hand54/58-€10,716
Deferred charges and accrued income490/1€750€750=
Equity and liabilities
Total equity and liabilities10/49€49,816€52,606▲
Equity10/15€10,823€28,906▲
Contributions10/11€2,000€2,000=
Outside capital11€2,000-
Other1109/19€2,000-
Reserves13€200€200=
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Profit (loss) carried forward14€8,623€26,706▲
Amounts payable17/49€38,993€23,700▼
Amounts payable after more than one year17€13,556€4,641▼
Financial debts170/4€13,556€4,641▼
Amounts payable within one year42/48€25,438€19,058▼
Current portion of amounts payable after more than one year42€9,231€8,914▼
Financial debts43€1,816-
Credit institutions430/8€1,816-
Trade debts44€7,587€2,477▼
Suppliers440/4€7,587€2,477▼
Taxes, remuneration and social security45€6,805€7,667▲
Taxes450/3€4,743€7,667▲
Remuneration and social security454/9€2,062-
Income statement Code20242025
Remuneration, social security and pensions62€1,338€1,338=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,431€12,028▲
Other operating charges640/8€2,003€553▼
Gross operating margin9900€30,258€37,789▲
Operating profit (loss)9901€15,485€23,870▲
Financial income75/76B€337€904▲
Recurring financial income75€337€904▲
Financial charges65/66B€2,361€1,523▼
Recurring financial charges65€2,361€1,523▼
Profit (loss) for the period before taxes9903€13,461€23,250▲
Income taxes67/77€3,312€5,167▲
Profit (loss) for the period9904€10,149€18,083▲
Profit (loss) for the period to be appropriated9905€10,149€18,083▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,823€26,706▲
Profit (loss) brought forward from the previous period14P-€1,326€8,623▲
Transfer to equity691/2€200-
To other reserves6921€200-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€1,338€1,338=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,882€11,431€12,028▲ 5.2%
Other operating charges640/8€3,328€2,003€553▼ 72.4%
Gross operating margin9900€9,260€30,258€37,789▲ 24.9%
Operating profit (loss)9901-€951€15,485€23,870▲ 54.1%
Financial income75/76B-€337€904▲ 168%
Recurring financial income75-€337€904▲ 168%
Financial charges65/66B€375€2,361€1,523▼ 35.5%
Recurring financial charges65€375€2,361€1,523▼ 35.5%
Profit (loss) for the period before taxes9903-€1,326€13,461€23,250▲ 72.7%
Income taxes67/77-€3,312€5,167▲ 56.0%
Profit (loss) for the period9904-€1,326€10,149€18,083▲ 78.2%
Profit (loss) for the period to be appropriated9905-€1,326€10,149€18,083▲ 78.2%
Line202320242025Change
Assets
Total assets20/58€19,134€49,816€52,606▲ 5.6%
Formation expenses20€956€715€474▼ 33.8%
Fixed assets21/28€15,479€34,467€24,142▼ 30.0%
Tangible fixed assets22/27€15,479€34,467€24,142▼ 30.0%
Plant, machinery and equipment23€4,330€3,599€3,489▼ 3.0%
Furniture and vehicles24€9,295€29,482€19,735▼ 33.1%
Other tangible fixed assets26€1,854€1,386€918▼ 33.8%
Current assets29/58€2,698€14,634€27,990▲ 91.3%
Amounts receivable within one year40/41€543€13,884€16,524▲ 19.0%
Trade receivables40€543€320€226▼ 29.3%
Other amounts receivable41-€13,564€16,298▲ 20.2%
Cash at bank and in hand54/58€1,405-€10,716-
Deferred charges and accrued income490/1€750€750€750=
Equity and liabilities
Total equity and liabilities10/49€19,134€49,816€52,606▲ 5.6%
Equity10/15€674€10,823€28,906▲ 167%
Contributions10/11€2,000€2,000€2,000=
Outside capital11€2,000€2,000--
Other1109/19€2,000€2,000--
Reserves13-€200€200=
Non-distributable reserves130/1-€200€200=
Reserves not available under the articles1311-€200€200=
Profit (loss) carried forward14-€1,326€8,623€26,706▲ 210%
Amounts payable17/49€18,459€38,993€23,700▼ 39.2%
Amounts payable after more than one year17-€13,556€4,641▼ 65.8%
Financial debts170/4-€13,556€4,641▼ 65.8%
Amounts payable within one year42/48€18,459€25,438€19,058▼ 25.1%
Current portion of amounts payable after more than one year42-€9,231€8,914▼ 3.4%
Financial debts43-€1,816--
Credit institutions430/8-€1,816--
Trade debts44€13,975€7,587€2,477▼ 67.4%
Suppliers440/4€13,975€7,587€2,477▼ 67.4%
Taxes, remuneration and social security45€3,693€6,805€7,667▲ 12.7%
Taxes450/3€3,239€4,743€7,667▲ 61.7%
Remuneration and social security454/9€454€2,062--
Other amounts payable47/48€791---
Line202320242025Change
Profit (loss) for the period9904-€1,326€10,149€18,083▲ 78.2%
+ Depreciation and write-downs630€6,882€11,431€12,028▲ 5.2%
Operating cash flow (approximation)€5,557€21,580€30,111▲ 39.5%
Investment in fixed assets (approximation)--€30,419-€1,703▲ 94.4%

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 31-01-2027
2025
10-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Highest result since 2023net €18,083 ▲78.2%
Operating result €23,870, net result €18,083, both a record.
30-06
Financial Liquidity triplescurrent ratio 1.47
Current ratio from 0.58 to 1.47; short-term debt falls from €25,438 to €19,058.
2024
18-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Back to profitnet €10,149
Net result €10,149 after one loss-making year.
2023
07-12
NBB filing Annual accounts filed
fiscal year 2023 · 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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Namur
exact location from the address register On OpenStreetMap
Ground area
452 m²
Building footprint
114 m²
Parcel 92082B0419/00V000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92082B0419/00V000 Wallonia 452 m² 1 · 114 m² -
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 12,684 companies in this sector we hold annual accounts for 2,148. 1,928 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-06-2022
Fiscal year end30-06
Activities, NACEBEL 2025
86951Physiotherapy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787387305
Also 9925:BE0787387305
Registered 26-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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