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PHYSIOL

Active
Public limited company·Vervaardiging van geneesmiddelen· 40 yrs active
Allée des Noisetiers 4 ·4031 Liège, Belgium
KBO/BCE: BE 0428.242.033
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Age40 yrs
Board3
Connections3
Real estate1 parcel · 5,164 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of PHYSIOL is 0.4% (very low). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-06-2025 31 d early 2025-00204727
31-12-2023 31-07-2024 11-07-2024 20 d early 2024-00241372
31-12-2022 31-07-2023 07-07-2023 24 d early 2023-00217886
31-12-2021 31-07-2022 23-06-2022 38 d early 2022-20091754
31-12-2020 31-07-2021 09-07-2021 22 d early 2021-34900196
31-12-2019 31-07-2020 27-08-2020 27 d late 2020-45700025
31-12-2018 31-07-2019 24-07-2019 7 d early 2019-37200020
31-12-2017 31-07-2018 10-07-2018 21 d early 2018-30400199
31-12-2016 31-07-2017 06-07-2017 25 d early 2017-27900513
31-12-2015 31-07-2016 01-07-2016 30 d early 2016-26900045

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1986, 40 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.4% Very low
0%0,5%1,5%4%10%≥25%
Long track record −Lower-risk legal form −Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Annual accounts & ratios

Source: NBB
Financials being processed
NBB has 10 filing(s) on record for this company, latest fiscal year 2024 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 volledig 30-06-2025 2025-00204727
31-12-2023 volledig 11-07-2024 2024-00241372
31-12-2022 volledig 07-07-2023 2023-00217886
31-12-2021 volledig 23-06-2022 2022-20091754
31-12-2020 volledig 09-07-2021 2021-34900196
31-12-2019 volledig 27-08-2020 2020-45700025
31-12-2018 volledig 24-07-2019 2019-37200020
31-12-2017 volledig 10-07-2018 2018-30400199
31-12-2016 volledig 06-07-2017 2017-27900513
31-12-2015 volledig 01-07-2016 2016-26900045

Directors

Directors & mandates

12 directors
Current directors & mandates
  • James Richard Hollingshead
    Director
    State Gazette act 26035893 (11-03-2026)
    Current
    19-01-2026 → present
  • Todd Brooks Patriacca
    Director
    State Gazette act 26035893 (11-03-2026)
    Current
    19-01-2026 → present
  • Denis Hazée
    Director
    State Gazette act 21104815 (01-09-2021)
    Current
    15-07-2021 → present
Historic, not recently confirmed (7)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Jean-Nicolas Fassin
    Director
    State Gazette act 19065030 (14-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
  • Marc Nolet de Brauwere van Steeland
    Director
    State Gazette act 19065030 (14-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
    3 events
    • 28-02-2019 Resigned· Director
    • 28-02-2019 Appointed· Director
    • 28-02-2019 Resigned· Managing director
  • PhysIOL GroupLegal entity
    Director· perm. rep.: Shervin J. Korangy
    State Gazette act 19065030 (14-05-2019)
    Not recently confirmed
    last confirmed in an act from 2019
    2 events
    • 28-02-2019 Appointed· Director
    • 22-07-2015 Appointed· Director
  • GAUDETOLegal entity
    Director· perm. rep.: Jacques GALLOY
    State Gazette act 17145504 (13-10-2017)
    Not recently confirmed
    last confirmed in an act from 2017
    2 events
    • 07-06-2017 Mandate renewed· Director
    • 08-01-2015 Appointed· Director
  • Marc Nolet de Brauwere
    Managing director
    State Gazette act 17064481 (08-05-2017)
    Not recently confirmed
    last confirmed in an act from 2017
  • Christophe Pagnoulle
    Director
    State Gazette act 15115123 (10-08-2015)
    Not recently confirmed
    last confirmed in an act from 2015
  • GALLOY CONSULTING AND ASSET MANAGEMENT SPRLLegal entity
    Director· perm. rep.: JACQUES GALLOY
    State Gazette act 14037647 (07-02-2014)
    Not recently confirmed
    last confirmed in an act from 2014
Former directors (2)
  • David Murray
    Director
    State Gazette act 21032448 (11-03-2021)
    Former
    26-02-2021 → 26-09-2022
    2 events
    • 26-09-2022 Resigned· Director
    • 26-02-2021 Appointed· Director
  • Dana G. Mead, Jr.
    Director
    State Gazette act 19065030 (14-05-2019)
    Former
    28-02-2019 → 08-07-2019
    2 events
    • 08-07-2019 Resigned· Director
    • 28-02-2019 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

3 auditors
Statutory auditor IRE/IBR number Tenure
PwC Réviseurs d'Entreprises SRLCurrent
Statutory auditor · represented by Mélanie Adorante
 - 23-04-2024 → present
BDO Réviseurs d'Entreprises
Statutory auditor · represented by Christophe COLSON
succeeded by PricewaterhouseCoopers Réviseurs d'Entreprises SRL in 2020
 - 17-07-2014 → 21-12-2020
PricewaterhouseCoopers Réviseurs d'Entreprises SRL
Statutory auditor · represented by Mélanie Adorante
succeeded by PwC Réviseurs d'Entreprises SRL in 2024
 - 21-12-2020 → 23-04-2024
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Vervaardiging van geneesmiddelen(21201)
Legal form Public limited company(014)
Incorporation13-01-1986
StatusActive
Postal code4031

Structure & network

Connections & network

3 connected companies
GAUDETO, Sits on the board GGAUDETOPhysIOL Group, Sits on the board PGPhysIOL GroupPRG PROJECTS, Shared corporate director PPPRG PROJECTSPHYSIOL PHYSIOL0428.242.033
Group structureShared directors
Group structure
GAUDETO
Sits on the board · 2 subsidiaries · 1 location
Control→
PhysIOL Group
Sits on the board · 1 subsidiary · 1 location
Control→
Network connections
PRG PROJECTS
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

2 parties
Control over this companysits on this company's board2
GAUDETO
2 subsidiaries · 1 location
PhysIOL Group
1 subsidiary · 1 location
controls
PHYSIOLBE 0428.242.033

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Allée des Noisetiers 44031 Liège

Establishment units

1 location
BVI - BVI Liège - BVI Benelux - BVI International - Beaver-Visitec International
Allée des Noisetiers 4, 4031 LiègeOverige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.
since 19862.028.605.639
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,164 m²
Buildings1
Building footprint1,193 m²
Volume (LiDAR)7,039 m³
Tallest building9.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62002C0005/00S006 Wallonia 5,164 m² 1 · 1,193 m² 9.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

25 acts
Capital history · 2
30-07-2015
v3.2
30-07-2015
v3.2
All acts · 25 updated 5 months ago
2026
11-03-2026 2 directors appointed Director changes
  • James Richard Hollingshead, Bestuurder
  • Todd Brooks Patriacca, Bestuurder
Summary: v3.2
2025
04-12-2025 Change in the board of directors Director changes
Summary: v3.2
2024
23-04-2024 Mélanie Adorante reappointed as statutory auditor Director changes
  • Mélanie Adorante, Commissaris
Summary: v3.2
2022
21-10-2022 David Murray resigns as director Director changes
  • David Murray, Bestuurder
Summary: v3.2
2021
01-09-2021 1 director appointed, 1 resigning Director changes
  • Denis Hazée, Bestuurder
  • Marc Nolet, Dagelijks bestuur
Summary: v3.2
11-03-2021 David Murray appointed as director Director changes
  • David Murray, Bestuurder
Summary: v3.2
2020
21-12-2020 Mélanie Adorante appointed as statutory auditor Director changes
  • Mélanie Adorante, Commissaris
Summary: v3.2
01-12-2020 Articles of association amended Statutes amendment
Summary: v3.2
13-07-2020 Dana G. Mead, Jr. resigns as director Director changes
  • Dana G. Mead, Jr., Bestuurder
Summary: v3.2
01-07-2020 Change in the board of directors Director changes
Summary: v3.2
14-02-2020 Articles of association amended Statutes amendment
Summary: v3.2
2019
25-11-2019 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Marcos Lamin Busschots
Summary: otherNotary: Marcos Lamin Busschots · Liège
20-06-2019 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Marcos Lamin Busschots
Summary: otherNotary: Marcos Lamin Busschots · Angleur
14-05-2019 4 directors appointed, 2 resigning Director changes
  • Shervin J. Korangy, Bestuurder
  • Marc Nolet de Brauwere van Steeland, Bestuurder
  • Jean-Nicolas Fassin, Bestuurder
  • Dana G. Mead, Jr., Bestuurder
  • Marc Nolet de Brauwere van Steeland, Bestuurder
  • Marc Nolet de Brauwere van Steeland, Gedelegeerd bestuurder
Summary: v3.2
18-04-2019 Articles of association amended Statutes amendment
Summary: v3.2
2017
13-10-2017 2 reappointed Director changes
  • Christophe COLSON, Commissaris
  • Jacques GALLOY, Bestuurder
Summary: v3.2
08-05-2017 Marc Nolet de Brauwere reappointed as managing director Director changes
  • Marc Nolet de Brauwere, Gedelegeerd bestuurder
Summary: v3.2
2015
07-10-2015 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Denis Hazée
Summary: otherNotary: Denis Hazée · Liège
07-10-2015 2 directors appointed Director changes
  • Christophe Pagnoulle, Bestuurder
  • Marc Nolet de Brauwere van Steeland, Bestuurder
Summary: v3.2
10-08-2015 Christophe PAGNOULLE appointed as director Director changes
  • Christophe PAGNOULLE, Bestuurder
Summary: v3.2
First 20 of 25 acts

Analysis

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Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 26 of the 148 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Vervaardiging van geneesmiddelen21201Vervaardiging van geneesmiddelen21201Vervaardiging van geneesmiddelen24421Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden32500Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden32500Vervaardiging van orthopedische artikelen en prothesen33103
Primary activity highlighted.
Names & trade names
Legal nameFR PHYSIOL
Registered office
Allée des Noisetiers 4
4031 Liège, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.