VD PHYSIO
ActiveSummary
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.
Overview
- Equity
- €36,708
- Profit
- €33,708
Why 51raises riskFigures for financial year 2024 (filed 29-09-2025)No main activity registeredFounded in 20241 financial year not filed after the legal deadline; last filed accounts filed 60 days late; 1 of the last 3 lateShow the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 55% on solvency, 78% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its 2024 accounts 60 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointment: DESPRÉS Valentin Marcel (director)…
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.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf 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
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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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.
| Line | 2024 |
|---|---|
| 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 |
| Line | 2024 | |
|---|---|---|
| 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 | |
| Line | 2024 |
|---|---|
| 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.
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.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DESPRÉS Valentin Marcel |
|
Owners and capital
Capital and shareholders
- DESPRÉS Valentin Marcel 100 shares (100%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-10-2024 Incorporation · €3,000 · 100 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
16-10
Gazette deed
IncorporationAppointment: DESPRÉS Valentin Marcel (director) · Founder · Founding capital11 facts ▸
- Incorporation, 09-10-2024
- Founder, DESPRÉS Valentin Marcel
- Founding capital, €3,000
- Shareholding, 100
- Other provision, “statutes adopted, statuts établis” (deed in French)
- Other provision, “effectivité des dispositions finales, comparants à l’unanimité” (deed in French)
- Other provision, “suppression complète de l’indisponibilité, rendre fonds versés à titre de capitaux propres de départ disponibles pour distribution” (deed in French)
- Registered office clause, “7011 Mons (Ghlin),rue de la Garenne,54” (deed in French)
- Board rule, 1
- Director appointment, DESPRÉS Valentin Marcel (director (not named in the articles))
- Pre-incorporation commitments, “takeover, tous engagements,obligations et activités depuis le 2024-01-01 par l’un ou l’autre des comparants au nom et pour compte de la société en formation” (deed in French)
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 53030B0695/00L000 | Wallonia | 998 m² | 1 · 229 m² | 7.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La pratique de la kinésithérapie et de l’ostéopathie; Toutes les opérations accessoires, directement utiles à l'organisation d'un cabinet de…” (deed in French)
6 activities (deed in French)
- La pratique de la kinésithérapie et de l’ostéopathie
- Toutes les opérations accessoires, directement utiles à l'organisation d'un cabinet de kinésithérapeute, outre le secrétariat, la permanence téléphonique, l'interface médicale (contacts avec les médecins, les mutuelles, les organismes assureurs, les prestataires de soins, etc.)
- L'étude, le conseil, la consultation, l'expertise, l'imagerie et toutes prestations de services dans le cadre des activités décrites.
- S'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations ou entreprises dont l'objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
- Exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.
- Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VD PHYSIO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales,Belgique,étranger,simple décision organe d'administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, un ou plusieurs” (deed in French)“Frais représentation,voyages,déplacements en sus, frais généraux” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre actions nominatives,mentions Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Toutes cessions entre vifs,onéreuses ou gratuites,volontaires ou forcées,exclusion et retrait,usufruit,nue-propriété,pleine…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, organe qui procède à l'émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Wednesday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelle que cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)