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VD PHYSIO

Active
Private limited companyfounded 2024active for 2 yearsRue de la Garenne (G.) 54, 7011 Mons, BelgiumKBO/BCE: BE 1015.058.478
Summary

The computed 12-month bankruptcy probability of VD PHYSIO is 3.6% (moderate). The 2024 annual accounts show equity of €36,708 and a net result of €33,708. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2024 annual accounts filed late (60 days) Filed on 29 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00508938.

Equity
€36,708
Total assets
€55,421
Net result
€33,708
Working capital
€31,099

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

Balance-sheet composition
Assets €55,421
Fixed assets €7,098
Current assets €48,323
Equity and liabilities €55,421
Equity €36,708
Debt €18,713
Debt finances 33.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€43,789
Cash flow
€34,007
Current ratio
2.81
Debt to equity
0.51
ROE
91.8%
ROA
60.8%
Interest coverage
over 100
Debt ≤ 1 year
€17,224
Income taxes
€9,771

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.6% 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 497,475 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% 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%

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 39,278 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 · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€55,421
Fixed assets21/28€7,098
Tangible fixed assets22/27€7,098
Furniture and vehicles24€7,098
Current assets29/58€48,323
Cash at bank and in hand54/58€42,736
Deferred charges and accrued income490/1€5,587
Equity and liabilities
Total equity and liabilities10/49€55,421
Equity10/15€36,708
Contributions10/11€3,000
Reserves13€33,708
Distributable reserves133€33,708
Amounts payable17/49€18,713
Amounts payable within one year42/48€17,224
Trade debts44€1,240
Suppliers440/4€1,240
Taxes, remuneration and social security45€11,771
Taxes450/3€9,771
Remuneration and social security454/9€2,000
Other amounts payable47/48€4,214
Accrued charges and deferred income492/3€1,489
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€299
Gross operating margin9900€43,789
Operating profit (loss)9901€43,490
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€43,479
Income taxes67/77€9,771
Profit (loss) for the period9904€33,708
Profit (loss) for the period to be appropriated9905€33,708
Appropriation of the result
Profit (loss) to be appropriated9906€33,708
Transfer to equity691/2€33,708
To other reserves6921€33,708

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

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€299
Gross operating margin9900€43,789
Operating profit (loss)9901€43,490
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€43,479
Income taxes67/77€9,771
Profit (loss) for the period9904€33,708
Profit (loss) for the period to be appropriated9905€33,708
Line2024
Assets
Total assets20/58€55,421
Fixed assets21/28€7,098
Tangible fixed assets22/27€7,098
Furniture and vehicles24€7,098
Current assets29/58€48,323
Cash at bank and in hand54/58€42,736
Deferred charges and accrued income490/1€5,587
Equity and liabilities
Total equity and liabilities10/49€55,421
Equity10/15€36,708
Contributions10/11€3,000
Reserves13€33,708
Distributable reserves133€33,708
Amounts payable17/49€18,713
Amounts payable within one year42/48€17,224
Trade debts44€1,240
Suppliers440/4€1,240
Taxes, remuneration and social security45€11,771
Taxes450/3€9,771
Remuneration and social security454/9€2,000
Other amounts payable47/48€4,214
Accrued charges and deferred income492/3€1,489
Line2024
Profit (loss) for the period9904€33,708
+ Depreciation and write-downs630€299
Operating cash flow (approximation)€34,007

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00508938

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