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BVG Performance

Active Private limited companyfounded 2024active for 1 yearRavenakkerstraat 1, 9310 AalstKBO/BCE: BE 1016.990.461

Lifetime

1 annual account with figures
peak €46,538 (2025)
€46,538 
peak €25,711 (2025)
€25,711 
peak €28,211 (2025)
€28,211 
€71,482 
Board1 name since 2024
Documentsfilings and deeds
30-07-20261 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Debts

€71,482 72% of the balance sheet
Financial debts 0%Suppliers 6%Taxes and wages 17%Other 76%

Checked score

95
Excellent
Financially stronger than 59% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 3,826 companies (NACE 85, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 01-2026: 0.4% 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%▼ -0.4 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

53equity 28.3% of total assets
61short-term debt 71.7% · cash 55.9%
100return on assets 25.8%

Score breakdown

raises risk
Founded in 2024
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 0.86, cash €55,731
Size: total assets €99,693
Calculation

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 85, micro). It does better than 36% of them on solvency, 50% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 2,390 companies had the same profile as BVG Performance has now. Each dot stands for 6 companies, two years later.

96.7%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of BVG Performance itself is lower: 0.1% within 12 months. It rests on far more data about BVG Performance than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,390 companies, not a prediction for BVG Performance. 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.

Credit verdict

Credit of up to €2,500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.86, below 1. Short-term debt is 71.7% and cash 55.9% of total assets. 71.7% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Liquidity: current ratio 0.86, cash €55,731
NBB · annual accounts
lowers risk · Size: total assets €99,693
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 day early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

VG
Director, since 05-12-2024
  • VAN GYSEGEM Boris 100 sharesdeed of 09-12-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1016990461
Incorporation Founding capital of €2,500, 100 shares · Founder: VAN GYSEGEM Boris · Appointment: VAN GYSEGEM Boris (director) · published on 09-12-2024 · Gazette deed
First establishment Ravenakkerstraat 1, Aalst
All 4 events

Comparable companies

same main activity, similar in size and age
Company
BVG Performance Aalst €99,693 €46,538 28.3% -
Chloe Therapy Braine-le-Comte €100,565 €50,883 38.4% -
BEWEEGCOACH SIEBE BOUTEN Heuvelland €82,629 €44,803 49.9% -
JDW Coaching Pajottegem €88,593 €43,724 20.4% -
VAN LAEKE Eeklo €117,133 €48,478 81.0% -
Vitrine Victoire Ghent €69,633 €61,185 71.0% -
PILATES FOR LIFE La Louvière €80,190 €51,760 21.0% -

These companies have the same main activity as BVG Performance: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €69,600 and €117,000, founded between 2024 and 2025.

Official details

Source: KBO
Status
Active since 05-12-2024Normal situation
Activity
Sports and recreation educationNACE 85510and 1 other
Establishment unit
2.367.128.7119310 Aalst, since 05-12-2024
Financial year end
31 December
Peppol
Reachable since 12-12-2025
Company details

Annual accounts 2025

€99,693
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on BVG Performance

BVG Performance has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28,211 and a net result of €25,711.

Its solvency ranks better than 38% of 2,612 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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 BVG Performance

What is the company number of BVG Performance?
The company number of BVG Performance is 1016.990.461. The VAT number is the same number with BE in front: BE 1016.990.461.
Where is BVG Performance based?
The registered office is at Ravenakkerstraat 1, 9310 Aalst.Company details
What does BVG Performance do?
According to the KBO register, the main activity is sports and recreation education (NACE 85510).
What is the legal form of BVG Performance?
BVG Performance is a private limited company (BV).
When was BVG Performance founded?
BVG Performance was founded on 05-12-2024.
Is BVG Performance still active?
Yes, BVG Performance is an active enterprise in the KBO register.
What is the turnover of BVG Performance?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €46,538 and 2,941 comparable companies of the same size. It probably lies between €110,000 and €340,000. It is a rough estimate.Financials
Is BVG Performance profitable?
In financial year 2025, BVG Performance made a profit of €25,711.
Where can I find the annual accounts of BVG Performance?
BVG Performance filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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