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Working Class Heroes

Active
Private limited companyfounded 2021active for 5 yearsAlbert Panisstraat(BEV) 91-93, 9120 Beveren, BelgiumKBO/BCE: BE 0767.703.233
Summary

Working Class Heroes has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231,412 and a net result of €110,872. Equity has been growing by about 63% per year since 2021. Its solvency ranks better than 38% of 3,032 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-04-2021 Normal situation
Activity
Physiotherapy NACE 86951and 5 others
Establishment unit
2.317.094.032 9120 Beveren, since 01-06-2021
Financial year end
31 December
Peppol
Reachable since 29-07-2025

Board and ownership

Board
  • Adriaensens FrederikDirector · since 30-04-2021
  • Bombeke DavidDirector · since 30-04-2021
  • Van Damme LeenDirector · since 30-04-2021

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€258,001
▼ 7.0%
Turnover
≈ €460,000
estimated
Profit
€110,872
▼ 9.0%
Equity
€231,412
▲ 47.3%
Total assets
€521,693
▼ 12.0%
Score breakdownraises riskFounded in 2021lowers riskSector: Human health activities (NACE 86)Size: total assets €521,693Figures for financial year 2025 (filed on 20-07-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in human health (NACE 86)
Financial strength · tick: 2024
Strong
Solvency 69+17
equity 44.4% of total assets
Liquidity 49+2
short-term debt 33.8% · cash 10.9%
Profitability 95+1
return on assets 21.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (24,160 companies, NACE 86, micro)
Last 24 months 12-2024: 0.1%highest value 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.6 (0.41 in 2024), below 1. Short-term debt is 33.8% and cash 10.9% of total assets. 55.6% of the assets are financed with debt and provisions.
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 36% of them on solvency, 17% on liquidity, 54% on profitability and 79% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Human health activities (NACE 86)
KBO
lowers risk · Size: total assets €521,693
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 20-07-2026)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
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 20-07-2026, 11 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
11 days early
2024
2 days early
2023
40 days early
2022
52 days early
2021
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 30 days before the deadline. In the sector (NACE 86), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €157,125 to €231,412 ▲ 47.3% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €110,872 5 years View

Recent changes

  1. · Gazette deed Registered office moved within Beveren
  2. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as Working Class Heroes: physiotherapy (NACE 86951). They are comparable in size and age: total assets between €393,000 and €699,000, founded between 2018 and 2021.

CompanyTotal assetsGross margin
Working Class Heroes Beveren€521,693€258,001
Espace Kiné CCA Bastogne€478,373€257,690
SQUADT Waregem€605,453€271,549
Waves Leuven€543,762€341,080
OLEMCA Geraardsbergen€392,527€262,343
KINE OLINE Charleroi€477,710€198,681
CENTRE BIOMECANIQUE GILLARD Namur€698,593€244,135
Full comparison

Key facts about Working Class Heroes

What is the company number of Working Class Heroes?
The company number of Working Class Heroes is 0767.703.233. The VAT number is the same number with BE in front: BE 0767.703.233.
Where is Working Class Heroes based?
The registered office is at Albert Panisstraat(BEV) 91-93, 9120 Beveren.Company details
What does Working Class Heroes do?
According to the KBO register, the main activity is physiotherapy (NACE 86951).
What is the legal form of Working Class Heroes?
The legal form of Working Class Heroes is Private limited company (BV).
When was Working Class Heroes founded?
Working Class Heroes was founded on 30-04-2021.
Is Working Class Heroes still active?
Yes, Working Class Heroes is an active enterprise in the KBO register.
What is the turnover of Working Class Heroes?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €258,001 and 54 comparable companies (NACE 86). It probably lies between €320,000 and €780,000.Financials
Is Working Class Heroes profitable?
In financial year 2025, Working Class Heroes made a profit of €110,872.
Where can I find the annual accounts of Working Class Heroes?
Working Class Heroes filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Working Class Heroes due?
Working Class Heroes must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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