TC Physio

Active

Private limited companyfounded 20251 yr activeGrand Chemin(W-B) 3, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 1024.294.066

TC Physio has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €13k. Its solvency ranks better than 39% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

85 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency74

Growth-

Track record67

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.11; short-term debt: 50.6% and cash: 33.3% of total assets), and 50.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

49.4%

Return on assets

38%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

4 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity

€17k

Total assets

€35k

Net result

€13k

Working capital

€2k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €35k

43.9%

56.1%

Fixed assets €15k

Current assets €20k

Equity and liabilities €35k

49.4%

50.6%

Equity €17k

Debt €18k

Debt finances 50.6% of the balance-sheet total.

Key figures and ratios

2025 value

EBITDA

€20k

Cash flow

€15k

Solvency

49.4%

Current ratio

1.11

Quick ratio

1.11

Debt / equity

1.02

ROE

77.0%

ROA

38.0%

Interest coverage

65.66

Debt

€18k

Debt ≤ 1 year

€18k

Income taxes

€5k

Filed annual accounts

As filed with the NBB · 2025

Balance sheet Code2025

Assets

Total assets20/58€35k

Fixed assets21/28€15k

Tangible fixed assets22/27€15k

Furniture and vehicles24€965

Assets under construction and advance payments27€15k

Current assets29/58€20k

Amounts receivable within one year40/41€8k

Other amounts receivable41€8k

Cash at bank and in hand54/58€12k

Deferred charges and accrued income490/1€284

Equity and liabilities

Total equity and liabilities10/49€35k

Equity10/15€17k

Contributions10/11€4k

Profit (loss) carried forward14€13k

Amounts payable17/49€18k

Amounts payable within one year42/48€18k

Current portion of amounts payable after more than one year42€4k

Trade debts44€8k

Suppliers440/4€8k

Taxes, remuneration and social security45€6k

Taxes450/3€3k

Remuneration and social security454/9€3k

Income statement Code2025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k

Other operating charges640/8€2k

Gross operating margin9900€22k

Operating profit (loss)9901€19k

Financial charges65/66B€306

Recurring financial charges65€306

Profit (loss) for the period before taxes9903€18k

Income taxes67/77€5k

Profit (loss) for the period9904€13k

Profit (loss) for the period to be appropriated9905€13k

Appropriation of the result

Profit (loss) to be appropriated9906€13k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2026

27-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Braine-le-Château · 1 establishment unit since 2025

establishment The establishment unit on the map

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.

Grand Chemin(W-B) 31440 Braine-le-Château

Ground area

1,188 m²

Building footprint

116 m²

Parcel 25111A0337/00C000, Wallonia. Linked by address, not a title deed.

1 establishment unit

TC Physio

Grand Chemin(W-B) 3, 1440 Braine-le-ChâteauTravel agency activities

since 20252.375.221.479

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
25111A0337/00C000	Wallonia	1,188 m²	1 · 116 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel 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

Sint-Gillis-Waas · Eq €32k

Of 34 companies in sector 86970 we hold annual accounts for 11. 6 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded13-06-2025

Fiscal year end31-12

Activities, NACEBEL

86970Human health activities

79110Travel agency activities

82300Organisation of conventions and trade shows

85510Sports and recreation education

86951Physiotherapy

86965Human health activities

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.