SPhysio Performance
ActiveSummary
SPhysio Performance has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,273 and a net result of €5,273. Its solvency ranks better than 12% of 16666 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes
Profitability74
Solvency33
Growth-
Track record67
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.27; short-term debt: 86.9% and cash: 13.1% of total assets), and 92.4% of the assets are financed with debt.
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Signals
Six 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.6%
Return on assets
3.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 16666 sector peers (2025).
NBB · sector comparisonPosition among 16666 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€10,273
Total assets
€135,412
Net result
€5,273
Working capital
-€85,820
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €135,412
Fixed assets
€103,546
Current assets
€31,865
Equity and liabilities €135,412
Equity
€10,273
Debt
€125,139
Debt finances 92.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€22,625
Cash flow
€21,064
Current ratio
0.27
Debt to equity
12.18
ROE
51.3%
ROA
3.9%
Interest coverage
31.68
Debt ≤ 1 year
€117,685
Debt > 1 year
€7,454
Income taxes
€846
Staff costs
€2,511
Annual accounts
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €2,511 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,792 |
| Other operating charges640/8 | €286 |
| Gross operating margin9900 | €25,422 |
| Operating profit (loss)9901 | €6,833 |
| Financial charges65/66B | €714 |
| Recurring financial charges65 | €714 |
| Profit (loss) for the period before taxes9903 | €6,119 |
| Income taxes67/77 | €846 |
| Profit (loss) for the period9904 | €5,273 |
| Profit (loss) for the period to be appropriated9905 | €5,273 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €135,412 | |
| Fixed assets21/28 | €103,546 | |
| Intangible fixed assets21 | €73,978 | |
| Tangible fixed assets22/27 | €29,268 | |
| Furniture and vehicles24 | €29,268 | |
| Financial fixed assets28 | €300 | |
| Current assets29/58 | €31,865 | |
| Amounts receivable within one year40/41 | €12,803 | |
| Trade receivables40 | €12,803 | |
| Cash at bank and in hand54/58 | €17,723 | |
| Deferred charges and accrued income490/1 | €1,339 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €135,412 | |
| Equity10/15 | €10,273 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | €5,273 | |
| Amounts payable17/49 | €125,139 | |
| Amounts payable after more than one year17 | €7,454 | |
| Financial debts170/4 | €7,454 | |
| Amounts payable within one year42/48 | €117,685 | |
| Current portion of amounts payable after more than one year42 | €6,645 | |
| Trade debts44 | €4,941 | |
| Suppliers440/4 | €4,941 | |
| Taxes, remuneration and social security45 | €2,846 | |
| Taxes450/3 | €849 | |
| Remuneration and social security454/9 | €1,997 | |
| Other amounts payable47/48 | €103,252 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €5,273 |
| + Depreciation and write-downs630 | €15,792 |
| Operating cash flow (approximation) | €21,064 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gerpinnes · 1 establishment unit since 2025
Ground area
2,281 m²
Building footprint
493 m²
Volume, LiDAR
989 m³
2 parcels, Wallonia · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sphysio Performance
since 20252.371.913.482
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52023B0221/00T000 | Wallonia | 1,281 m² | 1 · 317 m² | - |
| 52041A0135/00W007 | Wallonia | 999 m² | 1 · 176 m² | 11.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,696 companies in sector 86951 we hold annual accounts for 2,143. 1,561 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2025
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
Scores and ratios are computed by Checked and are not a credit decision.