Equity
-€157,670
Debts exceed assets in financial year 2025.
Afterburn
Information for creditors
Enterprise Court of Ghent · Official Gazette of 23-03-2026Opened on 17 March 2026 · moratorium until 6 December 2026
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by amicable settlement
- Docket number
- 20260029
- Moratorium until
- 6 December 2026
- Delegated judge
- Hans Van Duysen
- Official Gazette
- 23-03-2026search the document for 2026/112481
Steps for a creditor
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- An amicable settlement binds only the creditors who sign it. You decide whether you sign.
- What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
- The file is in RegSol, where you can read the documents of the procedure.
The moratorium runs until 6 December 2026, unless the court extends or ends it earlier.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
Follow
Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
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Lifetime
3 annual accounts with figures on one time axispeak €72,911 (2025)
€72,911▲ 31.4%
lowest -€299,020 (2023)
-€78,255▲ €2,141
peak -€79,415 (2024)
-€157,670▼ €78,255
€570,580▲ 0.4%
peak 1.4 FTE (2024)
1.2 FTE▼ 14.3%
Board5 names since 2022
1 director
Owners2 names in the annual accounts
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €55,491 to €72,911Loss of €78,255Staff from 1.4 FTE to 1.2 FTEResignation: (director) 25-11Equity from -€79,415 to -€157,670
Key points
from the 2025 annual accountsLosses
-€457,670 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€570,580 138% of the balance sheet
Financial debts 50%Suppliers 9%Taxes and wages 1%Other 41%
Of this, €241,055 falls due within a year.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 30 days after the end of the period.
Board
1 joined · 2 left
Board changed. Latest change 13-08-2026 · 1 in office.
Position in the sector
-€157,670
Less equity than 89% of companies in sports and recreation. Sector median €265,826 · 1,156 companies.
Checked score
Bankruptcy probability within 12 months
Judicial reorganisation
About 1 in 4 comparable companies went bankrupt within the year
A judicial reorganisation is open. There is then no bankruptcy probability from the figures. Of every Belgian company in an open or failed reorganisation, 25% to 26% went bankrupt within twelve months (measured in 2024 and 2025).
Financial strength
Credit verdict
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director,
- 29.58%score equity €8.7m (2025) · 2025 annual accounts of
- 29.58%equity €4.4m (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0789714909
Judicial reorganisation opened
Enterprise Court of Ghent · amicable agreement · judgment of 06-10-2026 · Judicial reorganisation
Resignation: (director)
Appointment: (director) · Director discharge: · General meeting of 13-08-2026 · Gazette deed
Judicial reorganisation opened
Enterprise Court of Ghent · amicable agreement · judgment of 17-03-2026 · Judicial reorganisation
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Afterburn Ghent | €412,910 | €72,911 | -38.2% | 1.2 |
| ZW'EET Ghent | €513,750 | €160,363 | 16.4% | 0.5 |
| @My Gym Bree Bree | €607,252 | €44,251 | -76.3% | 2.7 |
| R.N. Studio Brussels | €164,548 | €84,534 | -13.7% | 1 |
| Fit Company Arendonk | €321,746 | €181,171 | -48.6% | 2 |
| Easy Active Studio’s België Aartselaar | €409,200 | €130,180 | -13.7% | 0 |
| StUDIO SAnTEE Sint-Niklaas | €282,297 | €60,533 | 0.0% | - |
These companies have the same main activity as Afterburn: fitness centres (NACE 93130). They are comparable in size and age: total assets between €165,000 and €607,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 17-08-2022Judicial reorganisation since 17-03-2026, moratorium until 06-12-2026 · normal situation in the KBO register
- Activity
- Fitness centresNACE 93130and 1 other
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2025
- Establishment unit
- 2.336.734.3549051 Ghent, since 17-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €200,000estimated
- €412,910▼ 15.6%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on Afterburn
Afterburn files the abbreviated format. That format states no turnover. The gross margin rose from -€167,946 in 2023 to €72,911 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Afterburn
- What is the company number of Afterburn?
- The company number of Afterburn is 0789.714.909. The VAT number is the same number with BE in front: BE 0789.714.909.
- Where is Afterburn based?
- The registered office is at Kortrijksesteenweg 1086, 9051 Ghent.Company details
- What does Afterburn do?
- According to the KBO register, the main activity is fitness centres (NACE 93130).
- What is the legal form of Afterburn?
- Afterburn is a private limited company (BV).
- When was Afterburn founded?
- Afterburn was founded on 17-08-2022.
- Is Afterburn still active?
- Yes, Afterburn is in the KBO register. A judicial reorganisation is running.
- How many employees does Afterburn have?
- Afterburn had an average of 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Afterburn fall under?
- In its 2025 annual accounts, Afterburn states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of Afterburn?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €72,911 and 1,300 comparable companies of the same size. It probably lies between €120,000 and €390,000. It is a rough estimate.
- Is Afterburn profitable?
- In financial year 2025, Afterburn made a loss of €78,255.
- Where can I find the annual accounts of Afterburn?
- Afterburn filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Afterburn due?
- Afterburn must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Check what to know before you do business with this company.Supplier due diligence See this company's board, registered office and name on a given date.Company as of a date Find how this company is connected to another party.Network investigator Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the fitness centres sector is doing.Sector figures