Equity
€266,136 ▲ 12.1%
ENVOLVE paid out €57,300 in dividends. That is 67% of the 2025 profit.
ENVOLVE
Lifetime
4 annual accounts with figures on one time axispeak €133,882 (2025)
€133,882▲ 19.9%
peak €86,026 (2025)
€86,026▲ 28.5%
peak €266,136 (2025)
€266,136▲ 12.1%
€116,896▲ 64.5%
Board3 names since 2021
3 directorsGALASSO Santo and 2 others
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €111,663 to €133,882Result from €66,959 to €86,026Dividend €57,300Equity from €237,409 to €266,136Debts from €71,057 to €116,896Cash from €208,553 to €281,520
Key points
from the 2025 annual accountsTurnover
≈ €330,000 estimated
The micro format states no turnover.
Filings
4 annual accounts 2 late
The 2022 accounts came latest: 30 days after the end of the period.
Starting capital
€95,000 950 shares
At the same address
10 companies
Position in the sector
€86,026
Higher net result than 93% of companies in sports and recreation. Sector median €3,711 · 2,877 companies.
Checked score
97
Excellent
Financially stronger than 79% of micro companies in sports and recreation (NACE 93)
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: 0.3% across 4,270 companies (NACE 93, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points 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 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
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
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 2.43, cash €281,520
Sector: Sports, amusement and recreation activities (NACE 93)
Size: total assets €383,032
Equity €266,136 (69.5% of total assets)
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 93, micro). It does better than 81% of them on solvency, 87% on liquidity, 86% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 39,278 companies had the same profile as ENVOLVE has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ENVOLVE itself is lower: < 0.1% within 12 months. It rests on far more data about ENVOLVE 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.
| 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 39,278 companies, not a prediction for ENVOLVE. 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 €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.43 (3.01 in 2024), above the usual 1.5. Short-term debt is 30.5% and cash 73.5% of total assets. 30.5% 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
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 · 4 filingsDeviation from the deadline
2025
1 day early
2024
10 days early
2023
27 days late
2022
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 12 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% 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. The company usually files around 14 August (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- GALASSO Santo 375 sharesdeed of 27-12-2021
- GAMBINI Lisa Georgette Rose 350 sharesdeed of 27-12-2021
- TERRASSON Nancy Caroline 225 sharesdeed of 27-12-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779297505
Incorporation
Founding capital of €95,000, 950 shares · Founders: GALASSO Santo, GAMBINI Lisa Georgette Rose and TERRASSON Nancy Caroline · Appointments: GALASSO Santo, GAMBINI Lisa Georgette Rose and TERRASSON Nancy Caroline · published on 27-12-2021 · Gazette deed
First establishment
ENVOLVE GYM, Sint Michielswarande 97, Etterbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ENVOLVE Etterbeek | €383,032 | €133,882 | 69.5% | - |
| Alfa Gym Roeselare | €410,933 | €138,222 | 9.8% | - |
| 123 FIT GROUP Lanaken | €457,480 | €109,417 | 56.4% | - |
| Komorebi Hasselt | €288,464 | €133,933 | 47.5% | - |
| Fit Factory 9940 Evergem | €273,162 | €128,918 | 51.8% | - |
| INFRA SLIM X Tienen | €286,033 | €158,292 | 58.0% | - |
| SDL Sports Antwerpen Antwerp | €320,026 | €184,138 | -40.0% | 3.6 |
These companies have the same main activity as ENVOLVE: fitness centres (NACE 93130). They are comparable in size and age: total assets between €273,000 and €457,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 23-12-2021Normal situation
- Registered office
- 11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Fitness centresNACE 93130and 1 other
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2025
- Establishment unit
- 2.325.619.0451040 Etterbeek, since 23-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 06-12-2025
Annual accounts 2025
- €383,032▲ 24.2%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on ENVOLVE
ENVOLVE files the micro format. That format states no turnover. The gross margin rose from €50,556 in 2022 to €133,882 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 ENVOLVE
- What is the company number of ENVOLVE?
- The company number of ENVOLVE is 0779.297.505. The VAT number is the same number with BE in front: BE 0779.297.505.
- Where is ENVOLVE based?
- The registered office is at Sint Michielswarande 97, 1040 Etterbeek.Company details
- What does ENVOLVE do?
- According to the KBO register, the main activity is fitness centres (NACE 93130).
- What is the legal form of ENVOLVE?
- ENVOLVE is a private limited company (BV).
- When was ENVOLVE founded?
- ENVOLVE was founded on 23-12-2021.
- Is ENVOLVE still active?
- Yes, ENVOLVE is an active enterprise in the KBO register.
- How many employees does ENVOLVE have?
- ENVOLVE had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ENVOLVE fall under?
- In its 2025 annual accounts, ENVOLVE states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of ENVOLVE?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €133,882 and 2,203 comparable companies of the same size. It probably lies between €220,000 and €520,000. It is a rough estimate.
- Is ENVOLVE profitable?
- In financial year 2025, ENVOLVE made a profit of €86,026.
- Where can I find the annual accounts of ENVOLVE?
- ENVOLVE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ENVOLVE due?
- ENVOLVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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