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STREAMLINED

Active Private limited companyfounded 2024active for 2 yearsOude Mechelsestraat 133, 1853 GrimbergenKBO/BCE: BE 1014.523.493

Lifetime

1 annual account with figures
peak €32,214 (2025)
€32,214 
lowest -€13,802 (2025)
-€13,802 
peak €6,198 (2025)
€6,198 
€539,701 
Board2 names since 2024
1 directorBenny Streuelens
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Loss of €13,802First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €97,000 estimated

The abbreviated format states no turnover.

Debts

€539,701 99% of the balance sheet
Financial debts 56%Suppliers 1%Taxes and wages 1%Other 43%

Of this, €238,004 falls due within a year.

Position in the sector

1.1%

Lower solvency than 94% of companies in human health. Sector median 59.2% · 3,053 companies.

Checked score

88
Excellent
Financially stronger than 6% of micro companies in human health (NACE 86)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 24,192 companies (NACE 86, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2025: 0.3% 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026highest value 07-2026: 0.1%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Weak

26equity 1.1% of total assets
32short-term debt 43.6% · cash 2.6%
33return on assets -2.5%

Score breakdown

raises risk
Equity €6,198 (1.1% of total assets)
lowers risk
Sector: Human health activities (NACE 86)
Size: total assets €545,899
Figures for financial year 2025 (filed on 18-06-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 86, micro). It does better than 6% of them on solvency, 6% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 865 companies had the same profile as STREAMLINED has now. Each dot stands for 3 companies, two years later.

96.6%
were still trading
1.7%
stopped another way
1.5%
went bankrupt
  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of STREAMLINED itself is lower: 0.1% within 12 months. It rests on far more data about STREAMLINED than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 865 companies, not a prediction for STREAMLINED. 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 of up to €500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.09, below 1. Short-term debt is 43.6% and cash 2.6% of total assets. 98.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Size: total assets €545,899
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 18-06-2026)
NBB · annual accounts
raises risk · Equity €6,198 (1.1% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 3053 sector peers (2025).
NBB · sector comparison
Position among 3053 sector peers
Solvency
better than 6%
← weakest strongest →
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 18-06-2026, 43 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
43 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

BS
Benny Streuelens
Director, since 02-10-2024
  • STRUELENS, Benny Ely 200 sharesdeed of 04-10-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1014523493
Incorporation Founding capital of €20,000, 200 shares · Founder: STRUELENS, Benny Ely · Appointment: STRUELENS, Benny Ely (director) · published on 04-10-2024 · Gazette deed
First establishment Oude Mechelsestraat 133, Grimbergen
All 4 events

Comparable companies

same main activity, similar in size and age
Company
STREAMLINED Grimbergen €545,899 €32,214 1.1% -
Het Oefenpunt Zottegem €408,094 €36,090 16.2% -
A&G Performance Brussels €557,699 €43,966 -8.0% -
OLIVIER JONAS Rumes €375,558 €25,316 -9.1% -
SEA MOTION GROEPSPRAKTIJK Ostend €541,045 €47,952 0.4% -
Poignie Rehab Ghent €365,790 €37,743 9.5% -
Gezondheidscentrum De Feniks Deinze €594,115 €47,443 -2.2% -

These companies have the same main activity as STREAMLINED: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €366,000 and €594,000, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 02-10-2024Normal situation
Activity
PhysiotherapyNACE 86951and 1 other
Establishment unit
2.364.678.4701853 Grimbergen, since 02-10-2024
Financial year end
31 December
Peppol
Reachable since 26-01-2026
Company details

Annual accounts 2025

€545,899
Filing
Filed on 18-06-2026, 43 days before the end of the filing period
Financials

Insights on STREAMLINED

STREAMLINED has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,198 and a net result of -€13,802.

Its solvency ranks better than 6% of 3,053 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about STREAMLINED

What is the company number of STREAMLINED?
The company number of STREAMLINED is 1014.523.493. The VAT number is the same number with BE in front: BE 1014.523.493.
Where is STREAMLINED based?
The registered office is at Oude Mechelsestraat 133, 1853 Grimbergen.Company details
What does STREAMLINED do?
According to the KBO register, the main activity is physiotherapy (NACE 86951).
What is the legal form of STREAMLINED?
STREAMLINED is a private limited company (BV).
When was STREAMLINED founded?
STREAMLINED was founded on 02-10-2024.
Is STREAMLINED still active?
Yes, STREAMLINED is an active enterprise in the KBO register.
What is the turnover of STREAMLINED?
The turnover in financial year 2025 is ≈ €97,000. This figure is estimated from the gross margin of €32,214 and 41 comparable companies (NACE 869). It probably lies between €69,000 and €120,000.Financials
Is STREAMLINED profitable?
In financial year 2025, STREAMLINED made a loss of €13,802.
Where can I find the annual accounts of STREAMLINED?
STREAMLINED filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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