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 22 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Physio MD from Estinnes, company number BE0793481873, closed financial year 2025 with a result of € 209,120 after tax. For that financial year Physio MD recorded a gross margin of € 296,793 and equity of € 48,918. Compared with financial year 2024, the result moved from € 142,002 to € 209,120. 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 June 30, 2026.
€ 48,918
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 209,120
▲ 47% vs 2024
Profit after tax over the fiscal year.
€ 80,788
▲ 295% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 218,966 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 37,505
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 23,098
▼ 43% vs 2024
€ 15,275 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 791
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,851
▲ 221% 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 | € 10,785 | € 312,613 | € 201,704 | € 296,793 | ▲ 47% |
| Profit after taxes | € 6,298 | € 226,963 | € 142,002 | € 209,120 | ▲ 47% |
| Equity | € 9,798 | € 236,762 | € 58,764 | € 48,918 | ▼ 17% |
| Total debts | € 13,012 | € 117,899 | € 168,047 | € 370,215 | ▲ 120% |
| Cash | € 833 | € 39,436 | € 20,438 | € 80,788 | ▲ 295% |
| Retained profit | € 6,298 | € 233,262 | € 55,264 | € 45,418 | ▼ 18% |
| Dividend | € 0 | € 0 | € 320,000 | € 218,966 | ▼ 32% |
| Bank debt | € 0 | € 57,816 | € 40,792 | € 23,098 | ▼ 43% |
| Balance sheet total | € 22,811 | € 354,661 | € 226,811 | € 419,133 | ▲ 85% |
Key figures of Physio MD, 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 MD?
What happened at Physio MD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 209,120 (▲ 47% vs 2024). Source: NBB ↗
- New establishment in Merbes-le-Château. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,298 profit in 2022 to € 209,120 profit in 2025.
Paid € 186,659 in corporate taxes since 2022.
Best year ever: 2023, with € 226,963 profit.
Paid out € 538,966 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Rue de Jeumont(PEIS) 6
7120 Estinnes
Rue de Binche(MLC) 44
6567 Merbes-le-Château
Active since 10 November 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0793.481.873
- VAT number
- BE 0793.481.873
- Registered office
- Rue de Jeumont(PEIS) 6, 7120 Estinnes
- Names & denominations
- Physio MD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2022
- Peppol
- Not registered
- Contact
- physiomd.be +32497353634
- Activities · NACE
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