SPORTPHYSIO
ActiveSPORTPHYSIO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47k and a net result of €21k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 11% of 19907 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+4
Solvency37▲+6
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.91 in 2023; short-term debt: 22.6% of total assets), and 88.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.6%
Return on assets
5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 19907 sector peers (2024).
NBB · sector comparisonPosition among 19907 sector peers
Solvency
better than 11%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €47k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
11 d early
2021
18 d early
2020
17 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€47k▲ 77.5%
2023 · €27k
2018: €42k
2019: €35k
2020: €39k
2021: €26k
2022: €18k
2023: €27k
2018 → 2024
Total assets
€408k▼ 0.7%
2023 · €411k
2018: €82k
2019: €307k
2020: €385k
2021: €391k
2022: €385k
2023: €411k
2018 → 2024
Net result
€21k▲ 134%
2023 · €9k
2018: €22k
2019: €-8k
2020: €4k
2021: €-13k
2022: €-8k
2023: €9k
2018 → 2024
Working capital
€7k
2023 · €-8k
2018: €28k
2019: €16k
2020: €-5k
2021: €5k
2022: €12k
2023: €-8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€39k-€26k▼ 33.7%€18k▼ 31.0%€27k▲ 49.5%€47k▲ 77.5%
Operating result€14k-€-749€13k€22k▲ 67.4%€35k▲ 62.1%
Net result€4k-€-13k€-8k▲ 39.1%€9k€21k▲ 134%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 62% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €408k
Fixed assets
€309k▼ 6.6%
Current assets
€99k▲ 23.3%
Equity and liabilities €408k
Equity
€47k▲ 77.5%
Debt
€361k▼ 6.1%
The debt ratio falls from 93.5% to 88.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▲
2023 · €54k
Cash flow
€43k▲
2023 · €41k
Solvency
11.6%▲
2023 · 6.5%
Current ratio
1.07▲
2023 · 0.91
Quick ratio
1.07▲
2023 · 0.91
Debt / equity
7.66▼
2023 · 14.48
ROE
43.7%▲
2023 · 33.1%
ROA
5.0%▲
2023 · 2.1%
Interest coverage
8.66▲
2023 · 8.33
Debt
€361k▼
2023 · €384k
Debt ≤ 1 year
€92k▲
2023 · €89k
Debt > 1 year
€269k▼
2023 · €296k
Income taxes
€9k▲
2023 · €7k
Staff costs
€6k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€411k€408k▼
Fixed assets21/28€331k€309k▼
Intangible fixed assets21€9k€6k▼
Tangible fixed assets22/27€321k€303k▼
Land and buildings22€312k€296k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€8k€5k▼
Financial fixed assets28€93€93=
Current assets29/58€80k€99k▲
Amounts receivable within one year40/41€80k€99k▲
Trade receivables40€5k€13k▲
Other amounts receivable41€75k€87k▲
Deferred charges and accrued income490/1€833-
Equity and liabilities
Total equity and liabilities10/49€411k€408k▼
Equity10/15€27k€47k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€2k€29k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€27k
Profit (loss) carried forward14€6k-
Amounts payable17/49€384k€361k▼
Amounts payable after more than one year17€296k€269k▼
Financial debts170/4€296k€269k▼
Amounts payable within one year42/48€89k€92k▲
Current portion of amounts payable after more than one year42€30k€27k▼
Financial debts43€10k€11k▲
Credit institutions430/8€10k€11k▲
Trade debts44€27k€37k▲
Suppliers440/4€27k€37k▲
Taxes, remuneration and social security45€13k€18k▲
Taxes450/3€11k€15k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€8k-
Income statement
Code20232024
Remuneration, social security and pensions62€6k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€23k▼
Other operating charges640/8-€169
Gross operating margin9900€60k€64k▲
Operating profit (loss)9901€22k€35k▲
Financial income75/76B€740€857▲
Recurring financial income75€740€857▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Non-recurring financial charges66B€21€72▲
Profit (loss) for the period before taxes9903€16k€29k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€9k€21k▲
Profit (loss) for the period to be appropriated9905€9k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€27k▲
Profit (loss) brought forward from the previous period14P€-3k€6k▲
Transfer to equity691/2-€27k
To other reserves6921-€27k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-13k ▼404%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudergem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Auguste Oleffelaan 121160 OudergemGround area
2,030 m²
Building footprint
1,328 m²
Volume, LiDAR
23,647 m³
2 parcels, Brussels · tallest building 25.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Antoine Gautierstraat 116, 1040 Etterbeek
since 20172.261.437.511
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0125/00P002 | Brussels | 1,863 m² | 1 · 1,263 m² | 25.4 m · 7 fl. |
| 21002A0095/00Y012 | Brussels | 167 m² | 1 · 65 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
DGK Management
BE 0741.460.575
Etterbeek · Eq €47k
STEF LEIRS
BE 0793.527.306
Herentals · Eq €47k
REVAKI VAN OLMEN
BE 0842.645.334
Berlaar · Eq €47k
KinéMoov’
BE 0785.284.284
Fosses-la-Ville · Eq €47k
NEUROPELT
BE 0805.421.682
Pelt · Eq €47k
Of 12,689 companies in sector 86951 we hold annual accounts for 2,142. 1,954 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2017
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.