PODKIN
ActivePODKIN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238k and a net result of €55k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 48% of 16426 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87=
Solvency87▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 2.81 in 2024; short-term debt: 28.6% and cash: 27.2% of total assets), and 38.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.6%
Return on assets
14.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
5 d early
2023
18 d early
2022
2 d early
2021
2 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€238k▼ 0.4%
2024 · €239k
2018: €247k
2019: €155k
2020: €211k
2021: €212k
2022: €203k
2023: €208k
2024: €239k
2018 → 2025
Total assets
€386k▲ 3.6%
2024 · €373k
2018: €454k
2019: €449k
2020: €397k
2021: €387k
2022: €415k
2023: €400k
2024: €373k
2018 → 2025
Net result
€55k▲ 3.1%
2024 · €53k
2018: €30k
2019: €12k
2020: €56k
2021: €19k
2022: €49k
2023: €21k
2024: €53k
2018 → 2025
Working capital
€125k▼ 9.6%
2024 · €138k
2018: €197k
2019: €96k
2020: €141k
2021: €116k
2022: €106k
2023: €111k
2024: €138k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€212k-€203k▼ 4.2%€208k▲ 2.4%€239k▲ 14.9%€238k▼ 0.4%
Operating result€33k-€82k▲ 146%€37k▼ 54.8%€74k▲ 99.3%€81k▲ 9.0%
Net result€19k-€49k▲ 155%€21k▼ 57.2%€53k▲ 154%€55k▲ 3.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €386k
Fixed assets
€151k▼ 4.8%
Current assets
€235k▲ 9.8%
Equity and liabilities €386k
Equity
€238k▼ 0.4%
Debt
€149k▲ 10.7%
The debt ratio rises from 36.0% to 38.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€100k▲
2024 · €97k
Cash flow
€75k▼
2024 · €76k
Solvency
61.6%▼
2024 · 64.0%
Current ratio
2.13▼
2024 · 2.81
Quick ratio
2.13▼
2024 · 2.81
Debt / equity
0.62▲
2024 · 0.56
ROE
23.2%▲
2024 · 22.4%
ROA
14.3%▼
2024 · 14.3%
Interest coverage
19.73▲
2024 · 12.55
Debt
€149k▲
2024 · €134k
Debt ≤ 1 year
€110k▲
2024 · €76k
Debt > 1 year
€33k▼
2024 · €54k
Income taxes
€22k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€373k€386k▲
Fixed assets21/28€159k€151k▼
Intangible fixed assets21€359€131▼
Tangible fixed assets22/27€158k€151k▼
Plant, machinery and equipment23€16k€14k▼
Furniture and vehicles24€5k€7k▲
Other tangible fixed assets26€138k€130k▼
Current assets29/58€214k€235k▲
Amounts receivable within one year40/41€33k€41k▲
Trade receivables40€33k€40k▲
Other amounts receivable41-€993
Current investments50/53€68k€81k▲
Cash at bank and in hand54/58€101k€105k▲
Deferred charges and accrued income490/1€12k€8k▼
Equity and liabilities
Total equity and liabilities10/49€373k€386k▲
Equity10/15€239k€238k▼
Contributions10/11€6k€6k=
Reserves13€233k€232k▼
Tax-exempt reserves132€32k€32k=
Distributable reserves133€201k€200k▼
Amounts payable17/49€134k€149k▲
Amounts payable after more than one year17€54k€33k▼
Financial debts170/4€54k€33k▼
Amounts payable within one year42/48€76k€110k▲
Current portion of amounts payable after more than one year42€22k€20k▼
Financial debts43€646-
Credit institutions430/8€646-
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Advances received on contracts in progress46€3k-
Taxes, remuneration and social security45€12k€8k▼
Taxes450/3€12k€8k▼
Other amounts payable47/48€33k€79k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€20k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€99k€105k▲
Operating profit (loss)9901€74k€81k▲
Financial income75/76B€9k€2k▼
Recurring financial income75€9k€2k▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Non-recurring financial charges66B€279-
Profit (loss) for the period before taxes9903€75k€77k▲
Income taxes67/77€22k€22k▲
Profit (loss) for the period9904€53k€55k▲
Profit (loss) for the period to be appropriated9905€53k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€55k▲
Transfer from equity791/2€23k€56k▲
Transfer to equity691/2€53k€55k▲
To other reserves6921€53k€55k▲
Profit to be distributed694/7€23k€56k▲
Return on contributions (dividend)694€23k€56k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €56k ▲363%
Operating result €86k, net result €56k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 4.40
Current ratio from 1.67 to 4.40; short-term debt falls from €144k to €41k.
30-09
Financial
Equity above €200kEq €211k ▲36.1%
3 profitable years in a row build equity to €211k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €12k ▼59.9%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2005
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.
Herdersem-Dorp 129310 AalstGround area
178 m²
Building footprint
104 m²
Volume, LiDAR
806 m³
Parcel 41026B0894/00R002, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PODKIN
since 20052.149.434.678
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41026B0894/00R002 | Flanders | 178 m² | 1 · 104 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
KINE OLINE
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NELE BRUSSELMAN
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Sport Medisch Centrum Sente
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DE RIDDER RAINA KINÉPRAKTIJK
BE 0415.575.912
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Podologiepraktijk P.edES
BE 0666.578.852
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Of 12,691 companies in sector 86951 we hold annual accounts for 2,138. 1,521 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2005
Fiscal year end30-09
Activities, NACEBEL
85144
86905Human health activities
86951Physiotherapy
93022
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.