Turnover
≈ €97,000 estimated
The abbreviated format states no turnover.
STREAMLINED
Overview
Lifetime
1 annual account with figurespeak €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 accountsDebts
€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 strengthWeak
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
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.
| 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
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
Seven signals.
lowers riskraises riskneutral
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 comparisonPosition 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 dateAge against the risk zone
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 filingDeviation from the deadline
2025
43 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
BS
Benny Streuelens
Director, since 02-10-2024
- STRUELENS, Benny Ely 200 sharesdeed of 04-10-2024
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
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
Annual accounts 2025
- €32,214
- €13,802
- €6,198
- €545,899
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
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.
Financials
Annual accounts 2025
abbreviated format, filed on 18-06-2026, 43 days before the deadline€32,214
-€2,758
-€13,802
-€216,811
1.1%
0.09
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €97,000. Estimated: probably between €69,000 and €120,000.
Balance sheet
balance sheet total €545,899 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
1.1%
Higher than 6% of 3,053 companies in 2025.
0.09
Lower than 95% of 2,997 companies in 2025.
-2.5%
Higher than 8% of 3,009 companies in 2025.
STREAMLINED
Middle half of the sector
80% of the sector
Abbreviated accounts in human health (NACE 86)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
545,899 | |
21/28 |
524,706 | |
22/27 |
524,456 | |
22 |
480,049 | |
23 |
44,407 | |
28 |
250 | |
29/58 |
21,192 | |
40/41 |
5,097 | |
40 |
5,097 | |
54/58 |
14,277 | |
490/1 |
1,819 | |
| Balance sheet: equity and liabilities | ||
10/49 |
545,899 | |
10/15 |
6,198 | |
10/11 |
20,000 | |
14 |
-13,802 | |
17/49 |
539,701 | |
17 |
301,697 | |
170/4 |
301,697 | |
42/48 |
238,004 | |
42 |
19,765 | |
44 |
2,808 | |
440/4 |
2,808 | |
45 |
4,787 | |
454/9 |
4,787 | |
47/48 |
210,643 | |
| Income statement | ||
9900 |
32,214 | |
630 |
25,469 | |
640/8 |
9,503 | |
9901 |
-2,758 | |
65/66B |
11,044 | |
65 |
11,044 | |
9903 |
-13,802 | |
9904 |
-13,802 | |
9905 |
-13,802 | |
| Appropriation of the result | ||
9906 |
-13,802 | |
| Document | ||
The notes to these accounts have 12 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 18-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-06-2026 | 2026-00171555 |
Subsidies and aid
Flemish government 2024 to 2025, 2 entries, €440 awarded, €440 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €242 | €242 |
| 2024 | 1 | €198 | €198 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 22,711 | ||
| 11,667 | ||
| 550,176 | ||
| -216,811 | ||
| 1.1% | ||
| 0.09 | ||
| 87.08 | ||
| -222.7% | ||
| -2.5% | ||
| 2.06 |
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.
Securities and guarantees
on own assets and for others| Item | 2025 |
|---|---|
| Mortgages, amount registered | €230,000 |
| Carrying value of the mortgaged assets | €287,648 |
Source: notes to the 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €549,926 |
| Financial fixed assets | €250 |
| €25,469 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on STREAMLINED
Debt's share of the balance-sheet total is 98.9%.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 04-10-2024
Mandates through the years
2 names, the dashed line is todayBenny Streuelens
Director
Director
STRUELENS, Benny Ely
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
- Benny Streuelens
- Director, from 02-10-2024 to date
- STRUELENS, Benny Ely
- Director (not named in the articles), appointed by deed of 04-10-2024, no longer listed in the 2025 annual accounts
Control
Capital
- Contribution
- €20,000
- Shares
- 200
- Contribution per share
- €100
- Equity per share
- €30.99 in 2025
- Source
- deed of 04-10-2024
Articles of association
deed of 04-10-2024 (in Dutch)- Name, seat, purpose and duration
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Vergoeding van de bestuurders, algemene vergadering beslist of het mandaat van de bestuurder al dan niet ten kosteloze titel wordt…”“Bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden, dagelijks bestuur”
- Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Aandeelhouders mogen kennis nemen van dit register betreffende hun effecten, register van aandelen op naam”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Aandelen moeten bij hun uitgifte worden volgestort, In geval van een enige aandeelhouder-bestuurder, bepaalt deze laatste vrij, naargelang…”
- General meeting and financial year
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 10:00
- Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Auditor ruleThe articles set how a statutory auditor is appointed and what they check.
- “Benoemd voor een hernieuwbare termijn van drie jaar, wanneer het door de wet vereist is en binnen de wettelijke grenzen, wordt het toezicht…”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “De vennootschap kan op elk moment worden ontbonden door beslissing van de algemene vergadering beslissende in de vormen vereist voor de…”
Shareholders
At incorporation
deed of 04-10-2024 ↗
- STRUELENS, Benny Ely 200 shares (100%) · €20,000
Network & group
No group
STREAMLINED has no parent and no holdings in its annual accounts. Benny Streuelens is the only director. STREAMLINED shares no director with another company.
At the same address
Oude Mechelsestraat 133, 1853 Grimbergen · 2 other companies| Beeckmans, Maya (sole trader)
establishment since 01-10-2025 |
founded in 2025 1027.648.781 |
| Mot, Youri (sole trader)
establishment since 26-04-2025 |
founded in 2025 0763.338.332 |
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBabbreviated format · 43 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:1014523493
2024
IncorporationFounding capital of €20,000, 200 shares · Founder: STRUELENS, Benny Ely · Appointment: STRUELENS, Benny Ely (director) · published on 04-10-20246 points ▸
- Founder, STRUELENS, Benny Ely
- Founding capital, €20,000, 200 shares
- 200 shares
- Registered office clause, Strombeek-Bever, Oude Mechelsestraat 133, 1853 Grimbergen
- Board rule, 1
- Director appointment, STRUELENS, Benny Ely (director (not named in the articles))
- The deed holds 5 more points.
First establishment Oude Mechelsestraat 133, Grimbergen
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1014.523.493
- VAT number
- BE 1014.523.493
- Peppol ID
- 0208:1014523493
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-10-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 10:00deed of 04-10-2024 (in Dutch)
- Meeting accessThe articles set who may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de algemene vergadering zonder te kunnen deelnemen aan de…”deed of 04-10-2024 (in Dutch)
- Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
- “Elke aandeelhouder kan aan ieder andere persoon, al dan niet aandeelhouder, door alle middelen van overdracht, een schriftelijke volmacht…”“Behoudens in de gevallen voorzien door de wet of deze statuten, worden de besluiten genomen bij meerderheid van stemmen, ongeacht het aantal…”deed of 04-10-2024 (in Dutch)
- Peppol
- Reachable since 26-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- STREAMLINED in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-10-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 04-10-2024 (in Dutch)
- Elected domicileThe directors or the company receive official documents at this address.
- “Voor de uitvoering van deze statuten, kiest elke in het buitenland wonende aandeelhouder, bestuurder, commissaris, vereffenaar of…”deed of 04-10-2024 (in Dutch)
Activities
NACEBEL 202586951
Physiotherapy main activity
Codes under NACEBEL 2008
86905
Human health activities main activity
85510
Sports and recreation education
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitbaten van een kinesistenpraktijk; Het verstrekken van diensten i.v.m. alle kinesitherapeutische behandelingstechnieken waaronder…”deed of 04-10-2024 (in Dutch)
13 activities
- Het uitbaten van een kinesistenpraktijk
- Het verstrekken van diensten i.v.m. alle kinesitherapeutische behandelingstechnieken waaronder manuele therapie, sportkinesitherapie en taping, lymfedrainage, respiratoire kinesitherapie, fysiotherapie, behandeling van mobiliteitsstoornissen, orthopedische manuele therapieën, relaxatietherapie, medische trainingstherapie, elektrotherapie, pre- en postnatale therapie, pelvische re-educatie, rug- en nekscholing, psychomotorische therapie, cardiale en cardiovasculaire kinesitherapie, geriatrische kinesitherapie, postoperatieve kinesitherapie, hydrotherapie, pijntherapie, warmtetherapie en het verstrekken van massages en aanverwante therapieën en alle met het beroep aanverwante en niet onverenigbare disciplines. Voormelde opsomming is enkel exemplatief en niet limitatief
- De toepassing van osteopathie, dry needling, acupunctuur, energetisch advies en manipulatiotechnieken
- De toepassing van hippotherapie
- Adviesverlening in verband met beweging en fitness o.a. loopanalyse en fietsanalyse (bikefitting), screening en metingen, inspanningstesten (o.a. lactaatmeting), ergonomische advies en dit alles ter verbetering van de gezondheid
- Consultancy en onderwijsactiviteiten die in verband staan met de voormelde activiteiten
- Het aankopen, verkopen en ter beschikking stellen van verbruiksgoederen, onderhoudsproducten, randapparatuur en materieel dienstig in de (para)medische sector
- Het beheer en de exploitatie van een kinesitherapeuten- en fysiotherapeutenpraktijk evenals een praktijk voor onder meer diëtisten, orthopedisten, bandagisten, pedicuren, manicuren, podologen, osteopaten, psychologen, logopedisten en ergotherapeuten en van alle andere activiteiten die thuishoren of aansluiten bij paramedische activiteiten
- Het beheer en de exploitatie van een praktijk voor medische diensten
- Het beheer en de exploitatie van een wellness- en gezondheidscentrum in de meest ruime zin, omvattende onder meer maar niet uitsluitend: relaxatie, massage, schoonheidsverzorging, zonnebank en sauna, evenals de verkoop van gezondheids- en schoonheidsproducten en alle producten die rechtstreeks of onrechtstreeks met deze activiteiten te maken hebben
- Het beheer en de exploitatie van onder meer gymnastiekzalen, fitnesscentra, centra voor de beoefening van aerobic en bodybuilding, inclusief de begeleiding van het cliënteel op sportief gebied en het beheer en de exploitatie van sportcentra die kunnen gebruikt worden voor de beoefening van diverse sporten en disciplines
- Onderneming voor het beheer van onroerend vermogen omvattende onder meer het aan- en verkopen, opschikken, uitrusten, valoriseren, bouwen, verbouwen, verhuren of in huur nemen van onroerende goederen, bebouwd of onbebouwd, al dan niet bemeubeld
- Het aangaan van kredieten
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Oude Mechelsestraat 133 registered office 1853 Grimbergen | 02-10-2024 | 2.364.678.470 |
Buildings and parcels at the address
- Ground area
- 6,883 m²
- Buildings
- 416 m²
- Volume, LiDAR
- 21 m³
- Tallest building
- 3.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23084A0070/00T004 | 6,883 m² | 1 · 416 m² | 3.4 m |