CFL
ActiveSummary
CFL has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,047 and a net result of €7,857. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 84% of 2361 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+14
Solvency98▲+28
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.62 against 1.11 in 2024; short-term debt: 21.5% and cash: 27.9% of total assets), and 27% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73%
Return on assets
14.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
5 d late
2024
7 d late
2023
16 d late
2022
2 d late
2021
16 d late
2020
4 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 7 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€40,047▲ 24.4%
2024 · €32,190
Total assets
€54,890▼ 23.1%
2024 · €71,381
Net result
€7,857▲ 192%
2024 · €2,690
Working capital
€19,081▲ 394%
2024 · €3,864
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€1,829€5,601€9,119▲ 62.8%€5,991▼ 34.3%€14,039▲ 134%
Net result€469within the sector's middle half▼ 98.5%€6,633within the sector's middle half▲ 1,314%€28,682above the sector's middle half▲ 332%€2,690within the sector's middle half▼ 90.6%€7,857within the sector's middle half▲ 192%
Equity€51,364within the sector's middle half▼ 36.5%€57,997within the sector's middle half▲ 12.9%€57,315within the sector's middle half▼ 1.2%€32,190within the sector's middle half▼ 43.8%€40,047within the sector's middle half▲ 24.4%
Total assets€113,488within the sector's middle half▼ 20.4%€106,845within the sector's middle half▼ 5.9%€103,992within the sector's middle half▼ 2.7%€71,381within the sector's middle half▼ 31.4%€54,890below the sector's middle half▼ 23.1%
Debt€62,124▲ 0.8%€48,847▼ 21.4%€46,677▼ 4.4%€39,191▼ 16.0%€14,843▼ 62.1%
Working capital€45,563above the sector's middle half▼ 43.6%€46,021above the sector's middle half▲ 1.0%€43,689above the sector's middle half▼ 5.1%€3,864within the sector's middle half▼ 91.2%€19,081within the sector's middle half▲ 394%
Solvency45.3%within the sector's middle half▼ 11.5pp54.3%within the sector's middle half▲ 9.0pp55.1%within the sector's middle half▲ 0.8pp45.1%within the sector's middle half▼ 10.0pp73.0%above the sector's middle half▲ 27.9pp
Current ratio3.65above the sector's middle half▼ 1.703.48above the sector's middle half▼ 0.162.48above the sector's middle half▼ 1.011.11within the sector's middle half▼ 1.362.62above the sector's middle half▲ 1.50
Return on assets (ROA)0.4%within the sector's middle half▼ 21.0pp6.2%within the sector's middle half▲ 5.8pp27.6%above the sector's middle half▲ 21.4pp3.8%within the sector's middle half▼ 23.8pp14.3%within the sector's middle half▲ 10.5pp
Staff (FTE)0.3
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 134% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,890
Fixed assets
€24,006 ▼ 27.3%
Current assets
€30,884 ▼ 19.5%
Equity and liabilities €54,890
Equity
€40,047 ▲ 24.4%
Debt
€14,843 ▼ 62.1%
Debt's share of the balance-sheet total falls from 54.9% to 27.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24,306▲
2024 · €18,568
Cash flow
€18,124▲
2024 · €15,267
Quick ratio
2.53▲
2024 · 1.09
Debt to equity
0.37▼
2024 · 1.22
ROE
19.6%▲
2024 · 8.4%
Interest coverage
13.13▼
2024 · 14.67
Debt ≤ 1 year
€11,804▼
2024 · €34,483
Income taxes
€4,343▲
2024 · €2,042
Staff costs
€8,694▲
2024 · €6,301
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,193 | €4,440 | €6,301 | €8,694 | ▲ 38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,718 | €20,119 | €16,150 | €12,577 | €10,267 | ▼ 18.4% |
| Other operating charges640/8 | - | €3,054 | €4,902 | €3,087 | €3,226 | ▲ 4.5% |
| Non-recurring operating charges66A | - | - | - | - | €661 | - |
| Gross operating margin9900 | €20,351 | €29,967 | €34,611 | €27,955 | €36,887 | ▲ 31.9% |
| Operating profit (loss)9901 | -€1,829 | €5,601 | €9,119 | €5,991 | €14,039 | ▲ 134% |
| Financial income75/76B | - | €2,739 | €34,003 | €7 | €12 | ▲ 68.7% |
| Recurring financial income75 | €793 | €778 | €526 | €7 | €12 | ▲ 68.7% |
| Non-recurring financial income76B | - | €1,961 | €33,476 | - | - | - |
| Financial charges65/66B | - | €1,556 | €1,317 | €1,266 | €1,851 | ▲ 46.2% |
| Recurring financial charges65 | €2,666 | €1,556 | €1,317 | €1,266 | €1,851 | ▲ 46.2% |
| Profit (loss) for the period before taxes9903 | €501 | €6,783 | €41,805 | €4,732 | €12,200 | ▲ 158% |
| Income taxes67/77 | €32 | €150 | €13,123 | €2,042 | €4,343 | ▲ 113% |
| Profit (loss) for the period9904 | €469 | €6,633 | €28,682 | €2,690 | €7,857 | ▲ 192% |
| Profit (loss) for the period to be appropriated9905 | €469 | €6,633 | €28,682 | €2,690 | €7,857 | ▲ 192% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €113,488 | €106,845 | €103,992 | €71,381 | €54,890 | ▼ 23.1% |
| Fixed assets21/28 | €50,726 | €42,301 | €30,717 | €33,034 | €24,006 | ▼ 27.3% |
| Tangible fixed assets22/27 | €50,726 | €42,301 | €30,717 | €33,034 | €24,006 | ▼ 27.3% |
| Plant, machinery and equipment23 | - | €22,675 | €15,745 | €18,058 | €14,010 | ▼ 22.4% |
| Furniture and vehicles24 | - | €13,133 | €9,290 | €6,139 | €2,381 | ▼ 61.2% |
| Other tangible fixed assets26 | - | €6,493 | €5,683 | €8,838 | €7,614 | ▼ 13.8% |
| Current assets29/58 | €62,762 | €64,544 | €73,274 | €38,347 | €30,884 | ▼ 19.5% |
| Stocks and contracts in progress3 | €671 | €825 | €731 | €811 | €1,020 | ▲ 25.8% |
| Stocks30/36 | - | €825 | €731 | €811 | €1,020 | ▲ 25.8% |
| Amounts receivable within one year40/41 | €17,083 | €17,846 | €20,441 | €19,557 | €6,851 | ▼ 65.0% |
| Trade receivables40 | - | €3,064 | €2,109 | €1,445 | €2,841 | ▲ 96.5% |
| Other amounts receivable41 | - | €14,782 | €18,332 | €18,111 | €4,010 | ▼ 77.9% |
| Cash at bank and in hand54/58 | €39,261 | €40,558 | €46,475 | €10,759 | €15,300 | ▲ 42.2% |
| Deferred charges and accrued income490/1 | - | €5,315 | €5,627 | €7,221 | €7,714 | ▲ 6.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €113,488 | €106,845 | €103,992 | €71,381 | €54,890 | ▼ 23.1% |
| Equity10/15 | €51,364 | €57,997 | €57,315 | €32,190 | €40,047 | ▲ 24.4% |
| Contributions10/11 | - | €18,600 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €1,586 | €1,586 | €28,500 | €31,150 | €38,950 | ▲ 25.0% |
| Distributable reserves133 | - | €1,586 | €28,500 | €31,150 | €38,950 | ▲ 25.0% |
| Profit (loss) carried forward14 | €31,179 | €37,812 | €27,815 | €40 | €97 | ▲ 142% |
| Amounts payable17/49 | €62,124 | €48,847 | €46,677 | €39,191 | €14,843 | ▼ 62.1% |
| Amounts payable after more than one year17 | €44,789 | €29,972 | €14,939 | €1,836 | - | - |
| Financial debts170/4 | - | €29,972 | €14,939 | €1,836 | - | - |
| Amounts payable within one year42/48 | €17,199 | €18,523 | €29,585 | €34,483 | €11,804 | ▼ 65.8% |
| Current portion of amounts payable after more than one year42 | - | €14,816 | €15,033 | €13,102 | €1,836 | ▼ 86.0% |
| Trade debts44 | €1,368 | €4 | €1,233 | €5,412 | €7,272 | ▲ 34.4% |
| Suppliers440/4 | - | €4 | €1,233 | €5,412 | €7,272 | ▲ 34.4% |
| Taxes, remuneration and social security45 | - | €3,703 | €13,180 | €5,058 | €1,564 | ▼ 69.1% |
| Taxes450/3 | - | €3,575 | €13,127 | €4,437 | €1,440 | ▼ 67.6% |
| Remuneration and social security454/9 | - | €127 | €53 | €620 | €124 | ▼ 80.0% |
| Other amounts payable47/48 | - | - | €140 | €10,911 | €1,132 | ▼ 89.6% |
| Accrued charges and deferred income492/3 | - | €353 | €2,153 | €2,871 | €3,039 | ▲ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €469 | €6,633 | €28,682 | €2,690 | €7,857 | ▲ 192% |
| + Depreciation and write-downs630 | €19,718 | €20,119 | €16,150 | €12,577 | €10,267 | ▼ 18.4% |
| Operating cash flow (approximation) | €20,187 | €26,752 | €44,833 | €15,267 | €18,124 | ▲ 18.7% |
| Investment in fixed assets (approximation) | - | -€11,694 | -€4,567 | -€14,893 | -€1,238 | ▲ 91.7% |
| Change in cash | - | €1,297 | €5,916 | -€35,715 | €4,540 | ▲ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
30-06
Financial
Liquidity doublescurrent ratio 2.62
Current ratio from 1.11 to 2.62; short-term debt falls from €34,483 to €11,804.
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
16-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
16-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
30-06
Financial
Weakest financial yearnet €469 ▼98.5%
Net result drops to €469, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
30-06
Financial
Highest result since 2019net €30,585 ▲11.2%
Net result €30,585, the highest in the series.
30-06
Financial
Liquidity triplescurrent ratio 5.35
Current ratio from 1.90 to 5.35; short-term debt falls from €34,274 to €18,564.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2017
Ground area
500 m²
Building footprint
132 m²
Volume, LiDAR
595 m³
Parcel 46384C1171/00C003, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Cross Fit Lokeren
since 20172.262.340.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46384C1171/00C003 | Flanders | 500 m² | 1 · 132 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 2,450 EUR awarded · 2,450 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 2,450 EUR | 2,450 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLokeren2.262.340.403
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Of 1,520 companies in sector 93130 we hold annual accounts for 690. 547 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-03-2017
Fiscal year end30-06
Trade name NL
CrossFit Lokeren
Activities, NACEBEL 2025
93130Fitness centres
55209Other holiday and short-stay accommodation
70100Activities of head offices
93199Other sports activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0672589684
Also
9925:BE0672589684
Registered
18-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.