Equity
€96,644 ▲ 26.7%
RM PHYSIO has made a profit without a break since 2020.
RM PHYSIO
Overview
Lifetime
7 annual accounts with figures on one time axispeak €40,153 (2025)
€40,153▲ 30.1%
lowest -€353 (2019)
€20,351▲ 19.6%
peak €96,644 (2025)
€96,644▲ 26.7%
€3,083▼ 71.8%
Board1 name since 2019
1 director
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Gross margin from €30,872 to €40,153Equity from €76,293 to €96,644Debts from €10,945 to €3,083Cash from €9,865 to €24,164
Key points
from the 2025 annual accountsTurnover
≈ €120,000 estimated
The micro format states no turnover.
Liquidity
31.82 was 7.62 in 2024
Short-term debts fell from €10,945 to €3,083.
Filings
7 annual accounts 4 late
The 2022 accounts came latest: 28 days after the end of the period.
Starting capital
€1,000 100 shares
Position in the sector
96.9%
Higher solvency than 94% of companies in human health. Sector median 63.0% · 21,311 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as RM PHYSIO has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 26,973 companies, not a prediction for RM PHYSIO. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 21-02-2019
- general partnerdeed of 27-01-2022
- limited partnerdeed of 27-01-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0721419088
Registered office moved from Tubize to Flobecq
New registered office: Rue Lieutenant Cotton 6, 7880 Flobecq · Previous registered office: Avenue Henri Wautier 12, 1480 Tubize · Board meeting of 23-04-2023 · Gazette deed
Change of role: , from manager to director
holds 99 shares · Partner: (general partner) · holds 1 share · General meeting of 30-09-2021 · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founders: and · Appointment: (manager) · published on 25-02-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RM PHYSIO Flobecq | €99,727 | €40,153 | 96.9% | - |
| Podoconsult Vansteenland Irene Lievegem | €116,534 | €38,640 | 43.7% | 0 |
| VIDONI Anderlues | €114,142 | €37,375 | 37.4% | - |
| MARIE VLS Tournai | €74,264 | €42,129 | 52.4% | - |
| SP Care Mons | €99,270 | €33,443 | 11.4% | - |
| FourD Ecaussinnes | €101,142 | €50,109 | 39.3% | - |
| MAXIME RAGNO KINESITHERAPEUTE Chapelle-lez-Herlaimont | €120,752 | €49,242 | 24.8% | - |
These companies have the same main activity as RM PHYSIO: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €74,300 and €121,000, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 21-02-2019Normal situation
- Activity
- PhysiotherapyNACE 86951and 1 other
- Establishment unit
- 2.287.246.3407880 Flobecq, since 21-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2025
Annual accounts 2025
- €40,153▲ 30.1%
- €20,351▲ 19.6%
- €96,644▲ 26.7%
- €99,727▲ 14.3%
- Filing
- Filed on 11-08-2026
Insights on RM PHYSIO
RM PHYSIO files the micro format. That format states no turnover. The gross margin rose from €10,847 in 2019 to €40,153 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 11-08-2026, 11 days late€40,153
▲ 30.1%
€32,127
▲ 15.6%
€20,351
▲ 19.6%
€95,040
▲ 31.2%
96.9%
▲ 9.5 percentage points
31.82
▲ 24.20
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €92,000 and €170,000.
Balance sheet
balance sheet total €99,727 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
96.9%
Higher than 95% of 21,311 companies in 2025.
31.82
Higher than 95% of 20,862 companies in 2025.
20.4%
Higher than 50% of 21,162 companies in 2025.
RM PHYSIO
Middle half of the sector
80% of the sector
Micro accounts in human health (NACE 86)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
20/58 |
99,727 | 87,238 | 75,039 | 55,452 | 48,804 | 49,034 | 36,776 | |
21/28 |
1,603 | 3,851 | 6,077 | 1,173 | 10,096 | 19,018 | 27,941 | |
22/27 |
1,603 | 3,851 | 6,077 | 1,173 | 10,096 | 19,018 | 27,941 | |
24 |
855 | 3,001 | 5,126 | 1,173 | 10,096 | 19,018 | 27,941 | |
26 |
749 | 850 | 951 | - | - | - | - | |
29/58 |
98,124 | 83,387 | 68,962 | 54,278 | 38,708 | 30,016 | 8,835 | |
29 |
53,238 | 54,695 | 25,997 | 27,035 | - | - | - | |
290 |
53,238 | 54,695 | - | - | - | - | - | |
291 |
- | - | 25,997 | 27,035 | - | - | - | |
40/41 |
- | - | - | - | 605 | - | - | |
40 |
- | - | - | - | 605 | - | - | |
54/58 |
24,164 | 9,865 | 21,210 | 10,336 | 25,668 | 28,903 | 7,773 | |
490/1 |
20,722 | 18,827 | 21,755 | 16,907 | 12,435 | 1,113 | 1,062 | |
| Balance sheet: equity and liabilities | ||||||||
10/49 |
99,727 | 87,238 | 75,039 | 55,452 | 48,804 | 49,034 | 36,776 | |
10/15 |
96,644 | 76,293 | 60,082 | 37,769 | 25,118 | 11,594 | 647 | |
10/11 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
100 |
- | - | - | - | - | - | 1,000 | |
11 |
- | - | - | - | - | 1,000 | - | |
1109/19 |
- | - | - | - | - | 1,000 | - | |
13 |
85,849 | 65,499 | 49,287 | 26,975 | 13,524 | - | - | |
133 |
85,849 | 65,499 | 49,287 | 26,975 | 13,524 | - | - | |
14 |
9,794 | 9,794 | 9,794 | 9,794 | 10,594 | 10,594 | -353 | |
17/49 |
3,083 | 10,945 | 14,957 | 17,683 | 23,686 | 37,440 | 36,129 | |
17 |
- | - | - | 7,070 | 13,002 | 18,819 | 24,561 | |
170/4 |
- | - | - | 7,070 | 13,002 | 18,819 | 24,561 | |
42/48 |
3,083 | 10,945 | 14,957 | 10,613 | 10,684 | 18,621 | 11,568 | |
42 |
- | - | - | 5,932 | 5,816 | 5,703 | 5,601 | |
44 |
1,284 | 345 | 1,495 | 1,926 | 251 | 1,045 | 446 | |
440/4 |
1,284 | 345 | 1,495 | 1,926 | 251 | 1,045 | 446 | |
45 |
1,800 | 9,800 | 12,662 | 1,955 | 2,368 | 3,842 | 881 | |
450/3 |
1,800 | 9,800 | 12,662 | 1,955 | 2,368 | 3,842 | 881 | |
47/48 |
- | 800 | 800 | 800 | 2,249 | 8,031 | 4,640 | |
| Income statement | ||||||||
76A |
- | - | 18,742 | - | - | - | - | |
9900 |
40,153 | 30,872 | 37,264 | 28,324 | 29,427 | 25,117 | 10,847 | |
630 |
2,247 | 2,226 | 1,373 | 8,923 | 8,922 | 8,923 | 7,749 | |
640/8 |
5,779 | 849 | 1,078 | 862 | 787 | 1,155 | 2,993 | |
9901 |
32,127 | 27,797 | 34,812 | 18,539 | 19,718 | 15,039 | 105 | |
75/76B |
1,528 | 1,142 | 1,501 | 744 | - | 0 | - | |
75 |
1,528 | 1,142 | 1,501 | 744 | - | 0 | - | |
65/66B |
2,079 | 2,690 | 2,494 | 439 | 888 | 1,131 | 139 | |
65 |
2,079 | 2,690 | 2,494 | 439 | 888 | 1,131 | 139 | |
9903 |
31,575 | 26,250 | 33,820 | 18,845 | 18,830 | 13,909 | -34 | |
67/77 |
11,225 | 9,239 | 10,707 | 5,394 | 5,306 | 2,961 | 320 | |
9904 |
20,351 | 17,011 | 23,113 | 13,451 | 13,524 | 10,947 | -353 | |
9905 |
20,351 | 17,011 | 23,113 | 13,451 | 13,524 | 10,947 | -353 | |
| Appropriation of the result | ||||||||
9906 |
30,145 | 26,805 | 32,907 | 24,045 | 24,118 | 10,594 | -353 | |
14P |
9,794 | 9,794 | 9,794 | 10,594 | 10,594 | - | - | |
691/2 |
20,351 | 16,211 | 22,313 | 13,451 | 13,524 | - | - | |
6921 |
20,351 | 16,211 | 22,313 | 13,451 | 13,524 | - | - | |
694/7 |
- | 800 | 800 | 800 | - | - | - | |
694 |
- | 800 | 800 | 800 | - | - | - | |
| Document | ||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 11-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 11 days after the deadline. Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00401353.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-08-2026 | 2026-00401353 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00237678 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00201022 | |
| 31-12-2022 | micro format | 28-08-2023 | 2023-00359551 | |
| 31-12-2021 | micro format | 25-07-2022 | 2022-20231710 | |
| 31-12-2020 | micro format | 12-08-2021 | 2021-48000066 | |
| 31-12-2019 | micro format | 27-08-2020 | 2020-48300594 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| 34,374 | 30,023 | 36,185 | 27,462 | 28,641 | 23,962 | 7,854 | ||
| 22,598 | 19,237 | 24,486 | 22,374 | 22,446 | 19,870 | 7,396 | ||
| 0 | 0 | 7,450 | 0 | 0 | 0 | 35,690 | ||
| 14,299 | -11,345 | 10,874 | -15,332 | -3,235 | 21,130 | - | ||
| 95,040 | 72,442 | 54,005 | 43,666 | 28,024 | 11,395 | -2,733 | ||
| 96.9% | 87.5% | 80.1% | 68.1% | 51.5% | 23.6% | 1.8% | ||
| 31.82 | 7.62 | 4.61 | 5.11 | 3.62 | 1.61 | 0.76 | ||
| 0.03 | 0.14 | 0.25 | 0.47 | 0.94 | 3.23 | - | ||
| 21.1% | 22.3% | 38.5% | 35.6% | 53.8% | 94.4% | - | ||
| 20.4% | 19.5% | 30.8% | 24.3% | 27.7% | 22.3% | -1.0% | ||
| 16.53 | 11.16 | 14.51 | 62.60 | 32.24 | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €7,450 | - | - |
| €2,247 | €2,226 | €1,373 | €8,923 | €8,922 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on RM PHYSIO
The operating result for 2025 is 16% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 12.5% to 3.1%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, no change since 2022Director (not named in the articles)
since 21-02-2019
term without a fixed end
earlier manager (not named in the articles), until 27-01-2022
listed in the 2025 annual accounts, filed on 11-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 27-01-2022
Mandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
BoardEarlier
Mandates as a list
-
- Manager, from 21-02-2019 to 27-01-2022
- Director (not named in the articles), appointed by deed of 27-01-2022, still in office
Control
Shareholders
,
This company
RM PHYSIO
Equity €96,644
Profit €20,351 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €966 in 2025
- Source
- deed of 27-01-2022
Articles of association
deed of 27-01-2022 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Organe d'administration, moitié cédant moitié acquéreurs”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00
Shareholders
Stated in the deed
deed of 27-01-2022 ↗
- associé commandité · 99 shares
- associé commanditaire · 1 share
At incorporation
deed of 25-02-2019 ↗
- associé commandité · 99 shares (99%) · €900 in cash
- associée commanditaire · 1 share (1%) · €10 in cash
Capital transactions
Capital over time
- 27-01-2022 Converted to unavailable equity · €1,000
- 25-02-2019 Incorporation · €1,000 · 100 shares
Network & group
No group
RM PHYSIO has no parent and no holdings in its annual accounts. is the only director.
At the same address
Lieutenant Cottonstraat 6, 7880 Flobecq · 1 other company| Sablon, Coralie (sole trader)
establishment since 03-10-2016 |
founded in 2016 0665.556.095 |
Earlier ties
via , no longer at · Director · deed of 22-09-2023 founded in 1995 |
9 FTE (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
17 events since 2019Board
Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 11 days late
2025
Liquidity more than quadruples current ratio 31.82 The current ratio rises from 7.62 to 31.82. Short-term debt falls from €10,945 to €3,083.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0721419088
Annual accounts 2024 filed PDFmicro format · 28 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 30 days before the deadline
2023
Highest result from 2019 to 2025 net €23,113 ▲71.8% The operating result of €34,812 and the net result of €23,113 are both a record.
Annual accounts 2022 filed PDFmicro format · 28 days late
Registered office moved from Tubize to FlobecqNew registered office: Rue Lieutenant Cotton 6, 7880 Flobecq · Previous registered office: Avenue Henri Wautier 12, 1480 Tubize · Board meeting of 23-04-20232 points ▸
- Board meeting, 23-04-2023
- Registered-office move, Rue Lieutenant Cotton 6, 7880 Flobecq
2022
Annual accounts 2021 filed PDFmicro format · 6 days before the deadline
Change of role: , from manager to director holds 99 shares · Partner: (general partner) · holds 1 share · General meeting of 30-09-202113 points ▸
- General meeting, 30-09-2021
- Capital, €1,000, 100 shares
- holds 99 shares
- Partner, (general partner)
- holds 1 share
- Partner, (limited partner)
- Legal-form conversion, from limited partnership to private limited company, mentioned twice in the deed
- Accounting effect, 30-06-2021
- Director resignation, (manager (not named in the articles))
- Director discharge, (manager)
- Director appointment, (director (not named in the articles))
- Registered office clause, Avenue Henri Wautier 12, 1480 Tubize (Saintes)
- Power of attorney,
- The deed holds 11 more points.
2021
Liquidity more than doubled current ratio 3.62 The current ratio rises from 1.61 to 3.62. Short-term debt falls from €18,621 to €10,684.
Annual accounts 2020 filed PDFmicro format · 12 days late
2020
Back to profit net €10,947 The net result is €10,947, after one loss-making year.
Liquidity more than doubled current ratio 1.61 The current ratio rises from 0.76 to 1.61.
Annual accounts 2019 filed PDFmicro format · 27 days late
2019
IncorporationFounding capital of €1,000, 100 shares · Founders: and · Appointment: (manager) · published on 25-02-20196 points ▸
- Founder, (partner)
- Founder, (partner)
- Founding capital, €1,000, 100 shares
- Partner, (general partner)
- Partner, (associée commanditaire)
- Director appointment, (manager)
- The deed holds 1 more point.
First establishment Lieutenant Cottonstraat 6, Flobecq
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0721.419.088
- VAT number
- BE 0721.419.088
- Peppol ID
- 0208:0721419088
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-02-2019
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 18:00deed of 27-01-2022 (in French)
- Peppol
- Reachable since 23-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- RM PHYSIO in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 27-01-2022 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 27-01-2022 (in French)
Activities
NACEBEL 202586951
Physiotherapy main activity
Codes under NACEBEL 2008
86905
Human health activities main activity
82110
Office administrative, office support and other business support activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’exercice et la mise en œuvre des techniques Kinésithérapeutiques,ainsi que toutes les disciplines apparentées et tous les types de soins…”deed of 27-01-2022 (in French)
5 activities
- L’exercice et la mise en œuvre des techniques Kinésithérapeutiques,ainsi que toutes les disciplines apparentées et tous les types de soins en rapport avec la kinésithérapie.
- Elle peut réaliser son objet en tout lieu,de toutes les manières et suivant les modalités qui lui paraitront les mieux appropriées.
- Elle peut s’intéresser par voie d’apport,de fusion,de souscription ou de toute autre manière dans toute entreprise ou société ayant en tout ou en partie un objet similaire,analogue ou connexe ou de nature à favoriser celui de la société.
- Elle peut en outre faire,tant en Belgique qu’à l’étranger,toutes les opérations commerciales,industrielles financières,mobilières ou immobilières se rapportant directement ou indirectement,en tout ou en partie à son objet social ou pouvant faciliter l’extension ou le développement.
- Elle peut notamment s'intéresser par voie d'apport,de fusion,de souscription,d'intervention financière ou par autre mode,dans toutes sociétés,associations ou entreprises ayant en tout ou en partie,un objet similaire ou connexe ou sien ou susceptible d'en favoriser l'extension et le développement.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Lieutenant Cottonstraat 6 registered office 7880 Flobecq | 21-02-2019 | 2.287.246.340 |
1 former office
- Avenue Henri Wautier 12, 1480 Tubize until 23-04-2023 · deed of 31-07-2023
Buildings and parcels at the address
- Ground area
- 1,058 m²
- Buildings
- 125 m²
- Volume, LiDAR
- 1,218 m³
- Tallest building
- 11.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 51019B0020/00G000 | 1,058 m² | 1 · 125 m² | 11.6 m · 3 |