Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Physio Max from Quévy, company number BE0764453634, closed financial year 2025 with a result of € 50,045 after tax. For that financial year Physio Max recorded a gross margin of € 77,219 and equity of € 4,000. Compared with financial year 2024, the result moved from € 46,856 to € 50,045. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 4,000
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 50,045
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 40,830
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 50,045 paid out
100 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 3,873
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 103,954
▼ 5% vs 2024
€ 4,031 is repaid this year. At this pace the long-term loan is gone in ≈ 26 years.
€ 634
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,494
▼ 52% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 40,225 | € 53,363 | € 83,631 | € 77,219 | ▼ 8% |
| Profit after taxes | € 19,514 | € 31,222 | € 46,856 | € 50,045 | ▲ 7% |
| Equity | € 57,184 | € 4,000 | € 4,000 | € 4,000 | |
| Total debts | € 30,568 | € 195,513 | € 186,309 | € 169,036 | ▼ 9% |
| Cash | € 33,484 | € 43,043 | € 61,812 | € 40,830 | ▼ 34% |
| Retained profit | € 53,184 | € 0 | € 0 | € 0 | |
| Dividend | € 0 | € 84,406 | € 46,856 | € 50,045 | ▲ 7% |
| Bank debt | € 17,729 | € 120,284 | € 109,167 | € 103,954 | ▼ 5% |
| Balance sheet total | € 87,752 | € 199,513 | € 190,309 | € 173,036 | ▼ 9% |
Key figures of Physio Max, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Physio Max?
What happened at Physio Max in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 50,045 (▲ 7% vs 2024). filed late Source: NBB ↗
- New establishment in Quévy. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,514 profit in 2022 to € 50,045 profit in 2025.
Paid € 49,270 in corporate taxes since 2022.
Best year ever: 2025, with € 50,045 profit.
Paid out € 181,307 in dividends to the owners in total.
Management
Behind Physio Max is MAXIME CORNEZ.
Directors
According to the 2025 annual accounts
MAXIME CORNEZ
Director
Establishments
Establishment units
Physical locations of this company
Rue de la Libération(QLG) 1
7040 Quévy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0764.453.634
- VAT number
- BE 0764.453.634
- Registered office
- Rue de la Libération(QLG) 1, 7040 Quévy
- Names & denominations
- Physio Max
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 2021
- Peppol
- Active · Active since 23 Feb 2026