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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
AP PHYSIO from Virton, company number BE0781844744, closed financial year 2025 with a result of € 38,064 after tax. For that financial year AP PHYSIO recorded a gross margin of € 102,887 and equity of € 48,168. Compared with financial year 2024, the result moved from € 9,998 to € 38,064. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 48,168
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,064
▲ 281% vs 2024
Profit after tax over the fiscal year.
€ 21,592
▲ 193% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 22,250 paid out
58 % 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.
€ 55,432
▲ € 53,607 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 248,721
▲ 3% vs 2024
€ 47,535 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,153
▲ 162% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,134
▼ 50% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 68,725 | € 52,623 | € 70,093 | € 102,887 | ▲ 47% |
| Profit after taxes | € 12,529 | € -172 | € 9,998 | € 38,064 | ▲ 281% |
| Equity | € 22,529 | € 22,356 | € 32,354 | € 48,168 | ▲ 49% |
| Total debts | € 348,085 | € 397,743 | € 253,320 | € 283,378 | ▲ 12% |
| Cash | € 29,300 | € 107,564 | € 7,374 | € 21,592 | ▲ 193% |
| Land & buildings | € 6,195 | € 36,080 | € 41,048 | € 41,741 | ▲ 2% |
| Retained profit | € 12,529 | € 12,356 | € 22,354 | € 38,168 | ▲ 71% |
| Dividend | € 0 | € 0 | € 0 | € 22,250 | |
| Bank debt | € 0 | € 275,407 | € 240,432 | € 248,721 | ▲ 3% |
| Balance sheet total | € 370,614 | € 420,099 | € 285,674 | € 331,546 | ▲ 16% |
Key figures of AP PHYSIO, 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 AP PHYSIO?
What happened at AP PHYSIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,064 (▲ 281% vs 2024). filed late Source: NBB ↗
- New establishment in Virton. KBO
- ALEXIS PONCELET became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,529 profit in 2022 to € 38,064 profit in 2025.
Paid € 20,670 in corporate taxes since 2022.
Best year ever: 2025, with € 38,064 profit.
Paid out € 22,250 in dividends to the owners in total.
Management
Behind AP PHYSIO is ALEXIS PONCELET.
Directors
According to the 2025 annual accounts
ALEXIS PONCELET
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue de Longuyon,Ruette 110
6760 Virton
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0781.844.744
- VAT number
- BE 0781.844.744
- Registered office
- Rue de Longuyon,Ruette 110, 6760 Virton
- Names & denominations
- AP PHYSIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 February 2022
- Peppol
- Active · Active since 31 Mar 2026
- Activities · NACE
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