Financials
- Financial year
- 2025
- Total assets
- €106,833
- Loss
- -€10,253
- Solvency
- -6.8%
Ascend Pilates
ActiveSummary
Ascend Pilates has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,253) and a net result of -€10,253. Its solvency ranks better than 23% of 2,789 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
Activities of other sports clubs
NACE 93129
1 site
Size
€106,833total assets 2025
- Equity
- -€7,253
- Loss
- -€10,253
Turnover not published (micro format)
Structure
Accounts filed 24 days late0 of 1 deed read
Why 53raises riskCapped at 59: negative equityNegative equity -€7,253Founded in 2025lowers riskSector: Sports, amusement and recreation activities (NACE 93)Size: total assets €106,833Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 93, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Weak
Solvency
18
equity -6.8% of total assets
Liquidity
11
short-term debt 106.8% · cash 8.7%
Profitability
7
return on assets -9.6%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 0.7%lowest value
08-2026: 0.7%● unchanged vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.09; short-term debt: 106.8% and cash: 8.7% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 23% on solvency, 12% on liquidity and 18% on profitability.
The bankruptcy probability was computed on 09-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
24 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Activities of other sports clubsNACE 93129
- Founded
- 24-06-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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