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SPhysio Performance

Active
Private limited companyfounded 2025active for 1 yearChemin du Bois de Fromont(LOV) 29, 6280 Gerpinnes, BelgiumKBO/BCE: BE 1021.652.203
Summary

SPhysio Performance has been active since 2025 and the Belgian Official 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 20,453 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
€10,273
Total assets
€135,412
Net result
€5,273
Working capital
-€85,820

Turnover and EBIT margin not published: the micro format 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
2025 value
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

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96.9% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
96.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,472 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 74.5% 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 514 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 · 38 lines
Balance sheet Code2025
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
Income statement Code2025
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
Appropriation of the result
Profit (loss) to be appropriated9906€5,273

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
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
Line2025
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
Line2025
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.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 01-07-2026 2026-00231163

Similar companies · same sector, comparable size

Of the 12,602 active companies whose main activity is physiotherapy (NACE 86951), figures are known for 2,244. 1,656 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.