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FIT FIVE

Active
Public limited companyfounded 2015active for 11 yearsTielemansstraat 2, 1020 Brussel, Belgium13 active companies are registered at this addressKBO/BCE: BE 0629.954.721
Summary

The computed 12-month bankruptcy probability of FIT FIVE is 2.0% (moderate). The 2024 annual accounts show equity of €849,417 and a net result of €267,724. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 1,747 sector peers (NACE 56, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301Operation of sports facilities NACE 93110
3 sites
Size
€1.5mtotal assets 2024
Staff
10.4 FTE
Equity
€849,417
Profit
€267,724
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Accounts 73 days overdue0 of 6 deeds read
Why 56raises riskFigures for financial year 2024 (filed 09-10-2025)1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 lateSector: Food and beverage service activities (NACE 56)lowers riskEquity €849,417 (56.2% of total assets)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 78% of its sector peers (NACE 56, small)
Financial strength · tick = 2023
Strong
Solvency 81+17
equity 56.2% of total assets
Liquidity 56-8
short-term debt 30.0% · cash 14.5%
Profitability 91=
return on assets 17.7%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,620 companies, NACE 56, small)
Last 24 months 11-2024: 1.4% 12-2024: 1.3%▼ -0.1 percentage points vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.1%▲ +0.6 percentage points vs 07-2025 09-2025: 2.3%▲ +0.2 percentage points vs 08-2025 10-2025: 3.4%▲ +1.1 percentage points vs 09-2025highest value 11-2025: 0.7%▼ -2.7 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026lowest value 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%▲ +0.3 percentage points vs 08-2026 10-2026: 2.0%▲ +0.6 percentage points vs 09-2026
Credit of up to €45,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.02, compared with 1.13 in 2023; short-term debt: 30% and cash: 14.5% of total assets), and 43.8% of the assets are financed with debt and provisions.
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 56, small): better than 81% on solvency, 64% on liquidity, 85% on profitability and 84% on growth.

The bankruptcy probability was computed on 12-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 09-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 68 days late; 3 of the last 3 late
NBB · filings
lowers risk · Equity €849,417 (56.2% of total assets)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €849,417
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
68 days late
2023
69 days late
2022
67 days late
2021
96 days late
2020
90 days late
2019
108 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 83 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Highest result from 2018 to 2024net €271,284 ▲52.4%

Key points

  • Positive: Among the best 7% on net resultsector median €10,828 · 1,748 companies €267,724 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Positive: Staff rose in 2024from 6.7 FTE to 10.4 FTE ▲ 55.2% View

By topic

Financials

Financial year
2024
Total assets
€1.5m
Profit
€267,724
Solvency
56.2%
Total assets▲ 0.9%
Net result
20182024
Go to Financials

Timeline

Events
15
Since
2016
  1. 31-12-2023Equity above €500,000
  2. 06-10-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
3
Legal form
Public limited company
Activity
Cafés and barsNACE 56301
Founded
12-05-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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