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BVPT

Active
Private limited companyfounded 2023active for 3 yearsAzaleastraat 29, 2440 Geel, BelgiumKBO/BCE: BE 0803.724.083
Summary

The annual accounts of BVPT for financial year 2025 show a net loss of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €988 and a net result of -€1,068. Its solvency ranks better than 21% of 2,603 sector peers (NACE 85, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 07-07-2023 Normal situation
Activity
Sports and recreation education NACE 85510
Establishment unit
2.347.442.065 2440 Geel, since 07-07-2023
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board
Shareholders
  • VANDECRUYS Bramdeed of 11-07-2023

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€4,381
▼ 41.0%
Turnover
≈ €16,000
estimated
Loss
€1,068
▼ 63.7%
Equity
€988
▼ 52.0%
Total assets
€15,505
▼ 39.2%
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearEquity €988 (6.4% of total assets)lowers riskSector: Education (NACE 85)Size: total assets €15,505Liquidity: current ratio 0.75, cash €8,420Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 24% of micro companies in education (NACE 85)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 31-2
equity 6.4% of total assets
Liquidity 50=
short-term debt 93.6% · cash 54.3%
Profitability 60+35
return on assets -6.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (3,823 companies, NACE 85, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.5%▲ +0.1 percentage points vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025highest value 04-2025: 0.1%▼ -0.4 percentage points vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.75 (0.74 in 2024), below 1. Short-term debt is 93.6% and cash 54.3% of total assets. 93.6% of the assets are financed with debt and provisions.
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 20% of them on solvency, 33% on liquidity, 33% on profitability and 12% 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 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).

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Education (NACE 85)
KBO
lowers risk · Size: total assets €15,505
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.75, cash €8,420
NBB · annual accounts
raises risk · Equity €988 (6.4% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2603 sector peers (2025).
NBB · sector comparison
Position among 2603 sector peers
Solvency
better than 21%
← weakest strongest →
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 11-06-2026, 50 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
50 days early
2024
128 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 89 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 11-06-2026 PDF all 2 filings

Turnover
≈ €16,000
Estimated: probably between €11,000 and €33,000
Total assets
€15,505▼ 39.2%
2024 · €25,482
Net result
-€1,068▲ 63.7%
2024 · -€2,944
Working capital
-€3,681▲ 38.5%
2024 · -€5,989
Multi-year overview
2024 to 2025, 2 financial years
Operating result
-€120
▲ 88.4% 2025
20242025
Net result
-€1,068
▲ 63.7% 2025
middle half of the sector
20242025
Equity
€988
▼ 52.0% 2025
lowest quarter of the sector
20242025
Total assets
€15,505
▼ 39.2% 2025
lowest quarter of the sector
20242025
Debt
€14,517
▼ 38.0% 2025
20242025
Working capital
-€3,681
▲ 38.5% 2025
middle half of the sector
20242025
Solvency
6.4%
▼ 1.7pp 2025
lowest quarter of the sector
20242025
Current ratio
0.75
= 2025
lowest quarter of the sector
20242025
Return on assets (ROA)
-6.9%
▲ 4.7pp 2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€1,033--€120▲ 88.4%
Net result-€2,944below the sector's middle half--€1,068within the sector's middle half▲ 63.7%
Equity€2,056below the sector's middle half-€988below the sector's middle half▼ 52.0%
Total assets€25,482below the sector's middle half-€15,505below the sector's middle half▼ 39.2%
Debt€23,426-€14,517▼ 38.0%
Working capital-€5,989below the sector's middle half--€3,681within the sector's middle half▲ 38.5%
Solvency8.1%below the sector's middle half-6.4%below the sector's middle half▼ 1.7pp
Current ratio0.74below the sector's middle half-0.75below the sector's middle half=
Return on assets (ROA)-11.6%below the sector's middle half--6.9%below the sector's middle half▲ 4.7pp
above within below The sector band is the middle half of the companies in Education (NACE 85). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €120, smaller than the loss of €1,033 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,505
Fixed assets €4,668 ▼ 42.0%
Current assets €10,837 ▼ 37.9%
Equity and liabilities €15,505
Equity €988 ▼ 52.0%
Debt €14,517 ▼ 38.0%
Debt's share of the balance-sheet total rises from 91.9% to 93.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,256▼
2024 · €3,483
Cash flow
€2,308▲
2024 · €1,571
Interest coverage
8.05▲
2024 · 2.50
Debt ≤ 1 year
€14,517▼
2024 · €23,426
Income taxes
€841▲
2024 · €516
The equity ratios are withheld because equity of €988 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€18,167-
Depreciation and write-downs of the year€4,516€3,376

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2025 · 1 entry · €930 awarded · €930 paid
Schemes
1 entry · €930 · €930 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€25,482€15,505▼
Fixed assets21/28€8,045€4,668▼
Tangible fixed assets22/27€8,045€4,668▼
Plant, machinery and equipment23€7,018€4,337▼
Furniture and vehicles24€1,027€332▼
Current assets29/58€17,437€10,837▼
Amounts receivable within one year40/41€1,225€482▼
Trade receivables40€1,225€482▼
Cash at bank and in hand54/58€16,068€8,420▼
Deferred charges and accrued income490/1€144€1,935▲
Equity and liabilities
Total equity and liabilities10/49€25,482€15,505▼
Equity10/15€2,056€988▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€2,944-€4,012▼
Amounts payable17/49€23,426€14,517▼
Amounts payable within one year42/48€23,426€14,517▼
Trade debts44€5,101€2,648▼
Suppliers440/4€5,101€2,648▼
Taxes, remuneration and social security45€1,727€8,685▲
Taxes450/3€1,727€8,685▲
Other amounts payable47/48€16,598€3,184▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,516€3,376▼
Other operating charges640/8€3,948€1,125▼
Gross operating margin9900€7,431€4,381▼
Operating profit (loss)9901-€1,033-€120▲
Financial income75/76B-€297
Recurring financial income75-€297
Financial charges65/66B€1,395€405▼
Recurring financial charges65€1,395€405▼
Profit (loss) for the period before taxes9903-€2,428-€227▲
Income taxes67/77€516€841▲
Profit (loss) for the period9904-€2,944-€1,068▲
Profit (loss) for the period to be appropriated9905-€2,944-€1,068▲
Appropriation of the result
Profit (loss) to be appropriated9906-€2,944-€4,012▼
Profit (loss) brought forward from the previous period14P--€2,944

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 11-06-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,516€3,376▼ 25.2%
Other operating charges640/8€3,948€1,125▼ 71.5%
Gross operating margin9900€7,431€4,381▼ 41.0%
Operating profit (loss)9901-€1,033-€120▲ 88.4%
Financial income75/76B-€297-
Recurring financial income75-€297-
Financial charges65/66B€1,395€405▼ 71.0%
Recurring financial charges65€1,395€405▼ 71.0%
Profit (loss) for the period before taxes9903-€2,428-€227▲ 90.6%
Income taxes67/77€516€841▲ 63.0%
Profit (loss) for the period9904-€2,944-€1,068▲ 63.7%
Profit (loss) for the period to be appropriated9905-€2,944-€1,068▲ 63.7%
Line20242025Change
Assets
Total assets20/58€25,482€15,505▼ 39.2%
Fixed assets21/28€8,045€4,668▼ 42.0%
Tangible fixed assets22/27€8,045€4,668▼ 42.0%
Plant, machinery and equipment23€7,018€4,337▼ 38.2%
Furniture and vehicles24€1,027€332▼ 67.7%
Current assets29/58€17,437€10,837▼ 37.9%
Amounts receivable within one year40/41€1,225€482▼ 60.7%
Trade receivables40€1,225€482▼ 60.7%
Cash at bank and in hand54/58€16,068€8,420▼ 47.6%
Deferred charges and accrued income490/1€144€1,935▲ 13×
Equity and liabilities
Total equity and liabilities10/49€25,482€15,505▼ 39.2%
Equity10/15€2,056€988▼ 52.0%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€2,944-€4,012▼ 36.3%
Amounts payable17/49€23,426€14,517▼ 38.0%
Amounts payable within one year42/48€23,426€14,517▼ 38.0%
Trade debts44€5,101€2,648▼ 48.1%
Suppliers440/4€5,101€2,648▼ 48.1%
Taxes, remuneration and social security45€1,727€8,685▲ 403%
Taxes450/3€1,727€8,685▲ 403%
Other amounts payable47/48€16,598€3,184▼ 80.8%
Line20242025Change
Profit (loss) for the period9904-€2,944-€1,068▲ 63.7%
+ Depreciation and write-downs630€4,516€3,376▼ 25.2%
Operating cash flow (approximation)€1,571€2,308▲ 46.9%
Investment in fixed assets (approximation)-€0-
Change in cash--€7,648-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 1,301 companies had the same profile as BVPT has now. Two years later, 92.6% were still going and 5.5% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
92.6% was still going
1.6% stopped otherwise
5.5% went bankrupt

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

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

Test of the method

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.

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 1,301 companies, not a prediction for BVPT. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 11-06-2026 2026-00152956 PDF
31-12-2024 micro format 25-03-2025 2025-00053628 PDF

Board & ownership

Directors

Directors
1 director, since incorporation
VANDECRUYS Bram
Director · appointed by deed of 11-07-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 11-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 11-07-2023

Owners and capital

Shareholders

At incorporation deed of 11-07-2023 ↗

Capital transactions

Capital over time
  1. 11-07-2023 Incorporation · €5,000 · 100 shares

Network & group

BVPT shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of BVPT. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
11-06
NBB filing Annual accounts 2025 filedPDF
micro format · 50 days before the deadline
2025
25-03
NBB filing Annual accounts 2024 filedPDF
micro format · 128 days before the deadline
2023
11-07
Gazette deed Incorporation
Founding capital of €5,000, 100 shares · Founder: VANDECRUYS Bram · Appointment: VANDECRUYS Bram (director)7 points ▸
  • Incorporation, 06-07-2023
  • Founder, VANDECRUYS Bram
  • Founding capital, €5,000, 100 shares
  • Registered office clause, Azaleastraat 29, 2440 Geel
  • Board rule, 1
  • Director appointment, VANDECRUYS Bram
  • Permanent representative, VANDECRUYS Bram

Open the deed in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

BVPT was incorporated on 7 July 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 VANDECRUYS Bram is director of the company, appointed by deed of 11-07-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-07-2023
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name BVPT in Dutch
Enterprise number 0803.724.083
Legal form Private limited company
Status Active, normal situation
Founded 07-07-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-07-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 11-07-2023 (in Dutch)

Registered office and establishments

Registered office Azaleastraat 29, 2440 Geel, Belgium
Establishment unit BVPT, Stationsstraat 34, 2440 Geel since 07-07-2023 · unit number 2.347.442.065

Activities

NACEBEL 2025
85510 Sports and recreation education main activity
Codes under NACEBEL 2008
85510 Sports and recreation education main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Exploitatie, uitbating, bestuur, management van fitnesscentra; Personal training en alle aanverwante dienstverlening hierbij; Begeleiding…”
13 activities
  1. Exploitatie, uitbating, bestuur, management van fitnesscentra
  2. Personal training en alle aanverwante dienstverlening hierbij
  3. Begeleiding van sportbeoefenaars en ondersteunende diensten in verband met de sportbeoefening
  4. De aankoop, verkoop, groot en kleinhandel, opslag, distributie en verhuring van sportartikelen in het algemeen, alsmede alle mogelijke aanverwante producten en toestellen
  5. Organiseren van groepslessen
  6. Het geven van gezondheids-, voedings- en trainingsadvies aan particulieren, bedrijven en hun werknemers en professionele en amateuratleten, zowel online als in levende lijve (offline)
  7. Uitbaten en ter beschikking stellen van sportinfrastructuur in de breedste zin van het woord
  8. Uitbaten van horeca aangelegenheden
  9. Eetgelegenheden met volledige of beperkte bediening
  10. Algemene werfcoördinatie
  11. Het uitoefenen van alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer, uitbreiden en in stand houden van eigen onroerende goederen, onder meer door verhuring en andere overeenkomsten met derden in verband met hun gebruik en genot
  12. Het verlenen van bijstand en hulp onder hun meest verschillende vormen aan derden, bv andere vennootschappen en/of eenmanszaken, en dit op het vlak van het beheer, de controle, het toezicht, de organisatie, het verlenen van adviezen en intellectuele en administratieve hulp, het ter beschikking stellen van derden onder welke vorm ook van benodigdheden, materiaal, instrumenten, hard en software, het uitvoeren in verband met hetgeen voorafgaat van concrete projecten, het dienstbetoon inzake organisatie en toepassing van de meest verschillende wetgevingen, het ter beschikking stellen van management, het uitoefenen van bedrijfsleiding en het organiseren ervan, alsook het waarnemen van bestuur op alle niveaus, zowel voor eigen rekening als voor rekening van of in deelneming met derden, van handels, nijverheids of andere ondernemingen, bestaande onder om het even welke vorm, en dit zonder enige beperking
  13. Het beheer van alle roerende goederen en waarden, het nemen van belangen, op welke wijze ook, in andere vennootschappen en ondernemingen
deed of 11-07-2023 (in Dutch)

Invoicing and payment

VAT number BE 0803.724.083
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0803724083
Other Peppol ID 9925:BE0803724083
Registered 29-12-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of June at 20:00
deed of 11-07-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the addresses

Ground area
2,164 m²
Building footprint
805 m²
Building volume
4,747 m³
Tallest building: 11.7 m.
Cadastral parcel Region Area Buildings Height / floors
13376G0876/00D000 Flanders 1,421 m² 1 · 668 m² 11.7 m · 2
13376G0487/00B003 Flanders 742 m² 1 · 137 m² 10.8 m · 2