Result
From profit to loss in 2025, after a profit of €91,226 in 2024.
From profit to loss in 2025, after a profit of €91,226 in 2024.
Nine of the last ten came late. The 2019 accounts came latest: 67 days after the end of the period.
Lower net result than 86% of companies in sports and recreation. Sector median €11,201 · 1,112 companies.
The dashed line is the sector median: 0.3% across 4,269 companies (NACE 93, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 92% of them on solvency, 75% on liquidity, 7% on profitability and 20% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 5,831 companies had the same profile as ADVANTAGE SPORT has now. Each dot stands for 15 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ADVANTAGE SPORT itself: 0.5% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for ADVANTAGE SPORT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Cash is 28.3% of total assets. 0% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ADVANTAGE SPORT Jodoigne | €165,389 | -€2,866 | 100.0% | - |
| SINGEL 9 Hasselt | €165,728 | -€32,302 | 79.7% | - |
| C.M.I. GROUP Hasselt | €132,095 | -€3,073 | 82.8% | - |
| BBC Jeugd Gentson Ghent | €139,895 | -€45,531 | 69.6% | - |
| JOOST DESENDER SOCCER CONSULTING Bruges | €208,200 | -€735 | 96.1% | - |
| AGB Pepingen Pepingen | €180,707 | -€2,470 | 72.0% | - |
| WSE Leuven | €272,345 | -€1,776 | 65.4% | - |
These companies have the same main activity as ADVANTAGE SPORT: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €132,000 and €272,000, founded between 2000 and 2010.
ADVANTAGE SPORT files the abbreviated format. That format states no turnover. The gross margin fell from €29,926 in 2007 to -€2,866 in 2025.
In July 2026, the Official Gazette published the appointment of BIVER Karine as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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