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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.

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 13 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€267,724▼ 1.3%
2023 · €271,284
Working capital
€7,552▼ 87.8%
2023 · €62,072
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result has risen four years in a row; 2024 is 7% above 2023 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.4m 2024 Net result€0.3m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.06m--€0.01m-€0.2m▼ 1,581%€0.009m€0.2m▲ 2,107%€0.4m▲ 90.8%€0.4m▲ 6.5%
Net result€0.07m-€0.06m▼ 3.8%-€0.2mbelow the sector's middle half-€0.02mbelow the sector's middle half▲ 92.9%€0.2mabove the sector's middle half€0.3mabove the sector's middle half▲ 52.4%€0.3mabove the sector's middle half▼ 1.3%
Equity€0.3m-€0.4m▲ 17.4%€0.2mabove the sector's middle half▼ 58.2%€0.1mwithin the sector's middle half▼ 12.4%€0.3mabove the sector's middle half▲ 119%€0.6mabove the sector's middle half▲ 83.5%€0.8mabove the sector's middle half▲ 44.9%
Total assets€1.3m-€1.4m▲ 9.7%€1.0mabove the sector's middle half▼ 28.4%€1.0mabove the sector's middle half▲ 2.8%€1.0mabove the sector's middle half▼ 1.1%€1.5mabove the sector's middle half▲ 49.6%€1.5mabove the sector's middle half▲ 0.9%
Debt€0.9m-€1.0m▲ 7.2%€0.8m▼ 16.2%€0.9m▲ 6.3%€0.7m▼ 21.4%€0.9m▲ 34.5%€0.7m▼ 27.4%
Working capital-€0.3m--€0.2m▲ 46.9%-€0.2mbelow the sector's middle half▼ 51.0%-€0.1mbelow the sector's middle half▲ 42.2%-€0.04mwithin the sector's middle half▲ 69.4%€0.06mwithin the sector's middle half€0.008mwithin the sector's middle half▼ 87.8%
Solvency27.1%-29.0%▲ 1.9pp16.9%within the sector's middle half▼ 12.1pp14.4%within the sector's middle half▼ 2.5pp31.9%within the sector's middle half▲ 17.5pp39.1%within the sector's middle half▲ 7.2pp56.2%above the sector's middle half▲ 17.0pp
Current ratio0.41-0.65▲ 0.240.30below the sector's middle half▼ 0.350.65within the sector's middle half▲ 0.350.88within the sector's middle half▲ 0.231.13within the sector's middle half▲ 0.251.02within the sector's middle half▼ 0.11
Return on assets (ROA)5.3%-4.6%▼ 0.7pp-23.1%below the sector's middle half▼ 27.8pp-1.6%within the sector's middle half▲ 21.5pp17.8%above the sector's middle half▲ 19.4pp18.1%above the sector's middle half▲ 0.3pp17.7%above the sector's middle half▼ 0.4pp
Staff (FTE)5.4within the sector's middle half6.7within the sector's middle half▲ 24.1%7.6within the sector's middle half▲ 13.4%6.7within the sector's middle half▼ 11.8%10.4within the sector's middle half▲ 55.2%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.5m
Fixed assets €1.1m ▲ 9.2%
Current assets €460,748 ▼ 13.9%
Equity and liabilities €1.5m
Equity €849,417 ▲ 44.9%
Provisions €7,552 ▼ 20.0%
Debt €655,419 ▼ 27.4%
Debt's share of the balance-sheet total falls from 60.2% to 43.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€645,151▲
2023 · €580,542
Cash flow
€517,468▲
2023 · €480,703
Debt to equity
0.77▼
2023 · 1.54
ROE
31.5%▼
2023 · 46.3%
Interest coverage
32.32▲
2023 · 24.59
Debt ≤ 1 year
€453,196▼
2023 · €472,800
Debt > 1 year
€202,223▼
2023 · €355,379
Income taxes
€114,103▲
2023 · €82,613
Staff costs
€225,730▲
2023 · €163,869
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
96.5% still going

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,811 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 61 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.5m€1.5m▲
Fixed assets21/28€1.0m€1.1m▲
Intangible fixed assets21€0.01m€0.005m▼
Tangible fixed assets22/27€0.9m€1.0m▲
Furniture and vehicles24€0.05m€0.2m▲
Other tangible fixed assets26€0.9m€0.8m▼
Financial fixed assets28€0.003m€0.003m=
Current assets29/58€0.5m€0.5m▼
Amounts receivable within one year40/41€0.04m€0.07m▲
Trade receivables40€0.04m€0.07m▲
Other amounts receivable41-€0.005m
Current investments50/53€0.2m€0.2m=
Cash at bank and in hand54/58€0.3m€0.2m▼
Deferred charges and accrued income490/1€0.009m€0.008m▼
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m▲
Equity10/15€0.6m€0.8m▲
Contributions10/11€0.1m€0.1m=
Capital10€0.1m-
Issued capital100€0.1m-
Contributions outside capital11-€0.1m
Other1109/19-€0.1m
Reserves13€0.2m€0.3m▲
Non-distributable reserves130/1€0.007m€0.007m=
Reserves not available under the articles1311€0.007m€0.007m=
Distributable reserves133€0.2m€0.3m▲
Profit (loss) carried forward14€0.3m€0.4m▲
Investment grants15€0.02m€0.02m▼
Provisions and deferred taxes16€0.009m€0.008m▼
Deferred taxes168€0.009m€0.008m▼
Amounts payable17/49€0.9m€0.7m▼
Amounts payable after more than one year17€0.4m€0.2m▼
Financial debts170/4€0.4m€0.2m▼
Amounts payable within one year42/48€0.5m€0.5m▼
Current portion of amounts payable after more than one year42€0.2m€0.2m▼
Trade debts44€0.1m€0.2m▲
Suppliers440/4€0.1m€0.2m▲
Advances received on contracts in progress46-€0.005m
Taxes, remuneration and social security45€0.1m€0.1m▼
Taxes450/3€0.1m€0.05m▼
Remuneration and social security454/9€0.03m€0.05m▲
Other amounts payable47/48€0.02m€0.03m▲
Accrued charges and deferred income492/3€0.07m-
Income statement Code20232024
Remuneration, social security and pensions62€0.2m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Other operating charges640/8€0.002m€0.02m▲
Gross operating margin9900€0.7m€0.9m▲
Operating profit (loss)9901€0.4m€0.4m▲
Financial income75/76B€0.004m€0.004m▼
Recurring financial income75€0.004m€0.004m▼
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903€0.4m€0.4m▲
Transfer from deferred taxes780€0.002m€0.002m=
Income taxes67/77€0.08m€0.1m▲
Profit (loss) for the period9904€0.3m€0.3m▼
Profit (loss) for the period to be appropriated9905€0.3m€0.3m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.5m€0.6m▲
Profit (loss) brought forward from the previous period14P€0.2m€0.3m▲
Transfer to equity691/2€0.2m€0.2m=
To other reserves6921€0.2m€0.2m=
Social balance sheet
Average headcount (FTE)90876.710.4▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Remuneration, social security and pensions62---€106,871€223,093€163,869€225,730▲ 37.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212,435€243,975€234,546€187,582€177,682€209,419€249,744▲ 19.3%
Other operating charges640/8---€13,821€2,059€1,813€17,670▲ 875%
Gross operating margin9900€352,843€310,899€111,937€317,085€597,304€746,224€888,551▲ 19.1%
Operating profit (loss)9901€63,663-€12,705-€213,559€8,812€194,471€371,123€395,407▲ 6.5%
Financial income75/76B---€4,495€4,522€4,499€4,495▼ 0.1%
Recurring financial income75€63,823€133,960€4,496€4,495€4,522€4,499€4,495▼ 0.1%
Financial charges65/66B---€31,430€22,912€23,613€19,962▼ 15.5%
Recurring financial charges65€29,968€32,460€20,742€31,430€22,912€23,613€19,962▼ 15.5%
Profit (loss) for the period before taxes9903€97,518€88,795-€229,805-€18,124€176,081€352,009€379,940▲ 7.9%
Transfer from deferred taxes780---€1,888€1,888€1,888€1,888=
Income taxes67/77€31,238€26,911---€82,613€114,103▲ 38.1%
Profit (loss) for the period9904€66,280€63,771-€227,917-€16,236€177,969€271,284€267,724▼ 1.3%
Profit (loss) for the period to be appropriated9905€66,280€63,771-€227,917-€16,236€177,969€271,284€267,724▼ 1.3%
Line2018201920202021202220232024Change
Assets
Total assets20/58€1.3m€1.4m€1.0m€1.0m€1.0m€1.5m€1.5m▲ 0.9%
Fixed assets21/28€1.0m€1.1m€0.9m€0.8m€0.7m€1.0m€1.1m▲ 9.2%
Intangible fixed assets21---€0.007m€0.02m€0.01m€0.005m▼ 59.1%
Tangible fixed assets22/27€1.0m€1.1m€0.9m€0.7m€0.7m€0.9m€1.0m▲ 10.1%
Furniture and vehicles24---€0.04m€0.05m€0.05m€0.2m▲ 401%
Other tangible fixed assets26---€0.7m€0.6m€0.9m€0.8m▼ 11.3%
Financial fixed assets28€0.002m€0.002m€0.002m€0.002m€0.002m€0.003m€0.003m=
Current assets29/58€0.2m€0.3m€0.1m€0.3m€0.3m€0.5m€0.5m▼ 13.9%
Amounts receivable within one year40/41€0.1m€0.2m€0.06m€0.03m€0.02m€0.04m€0.07m▲ 73.2%
Trade receivables40---€0.03m€0.02m€0.04m€0.07m▲ 61.1%
Other amounts receivable41---€0.003m€0.003m-€0.005m-
Current investments50/53----€0.2m€0.2m€0.2m=
Cash at bank and in hand54/58€0.1m€0.1m€0.04m€0.2m€0.1m€0.3m€0.2m▼ 32.2%
Deferred charges and accrued income490/1---€0.001m€0.008m€0.009m€0.008m▼ 10.1%
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.4m€1.0m€1.0m€1.0m€1.5m€1.5m▲ 0.9%
Equity10/15€0.3m€0.4m€0.2m€0.1m€0.3m€0.6m€0.8m▲ 44.9%
Contributions10/11€0.1m€0.1m-€0.1m€0.1m€0.1m€0.1m=
Capital10----€0.1m€0.1m--
Issued capital100----€0.1m€0.1m--
Contributions outside capital11---€0.1m--€0.1m-
Other1109/19---€0.1m--€0.1m-
Reserves13€0.007m€0.007m€0.007m€0.007m€0.007m€0.2m€0.3m▲ 95.7%
Non-distributable reserves130/1---€0.007m€0.007m€0.007m€0.007m=
Reserves not available under the articles1311---€0.007m€0.007m€0.007m€0.007m=
Distributable reserves133-----€0.2m€0.3m▲ 100%
Profit (loss) carried forward14€0.2m€0.3m€0.02m€0.008m€0.2m€0.3m€0.4m▲ 38.3%
Investment grants15---€0.03m€0.03m€0.02m€0.02m▼ 20.0%
Provisions and deferred taxes16€0.02m€0.02m€0.02m€0.01m€0.01m€0.009m€0.008m▼ 20.0%
Deferred taxes168---€0.01m€0.01m€0.009m€0.008m▼ 20.0%
Amounts payable17/49€0.9m€1.0m€0.8m€0.9m€0.7m€0.9m€0.7m▼ 27.4%
Amounts payable after more than one year17€0.4m€0.5m€0.5m€0.5m€0.3m€0.4m€0.2m▼ 43.1%
Financial debts170/4---€0.5m€0.3m€0.4m€0.2m▼ 43.1%
Amounts payable within one year42/48€0.5m€0.5m€0.3m€0.4m€0.4m€0.5m€0.5m▼ 4.1%
Current portion of amounts payable after more than one year42---€0.2m€0.2m€0.2m€0.2m▼ 12.1%
Trade debts44€0.2m€0.08m€0.2m€0.07m€0.05m€0.1m€0.2m▲ 12.6%
Suppliers440/4---€0.07m€0.05m€0.1m€0.2m▲ 12.6%
Advances received on contracts in progress46------€0.005m-
Taxes, remuneration and social security45---€0.04m€0.04m€0.1m€0.1m▼ 25.8%
Taxes450/3---€0.006m-€0.1m€0.05m▼ 52.6%
Remuneration and social security454/9---€0.03m€0.04m€0.03m€0.05m▲ 70.8%
Other amounts payable47/48---€0.1m€0.1m€0.02m€0.03m▲ 79.0%
Accrued charges and deferred income492/3----€0.03m€0.07m--
Line2018201920202021202220232024Change
Profit (loss) for the period9904€66,280€63,771-€227,917-€16,236€177,969€271,284€267,724▼ 1.3%
+ Depreciation and write-downs630€212,435€243,975€234,546€187,582€177,682€209,419€249,744▲ 19.3%
Operating cash flow (approximation)€278,715€307,746€6,628€171,346€355,651€480,703€517,468▲ 7.6%
Investment in fixed assets (approximation)--€276,848-€42,724-€59,709-€116,856-€481,540-€338,079▲ 29.8%
Change in cash-€22,710-€90,332€187,319-€110,932€205,485-€104,236-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference
31-12-2024 full format 07-10-2025 2025-00536540
31-12-2023 full format 08-10-2024 2024-00503792
31-12-2022 full format 06-10-2023 2023-00479432
31-12-2021 full format 04-11-2022 2022-20515452
31-12-2020 full format 29-10-2021 2021-75000232
31-12-2019 full format 16-11-2020 2020-71000466
31-12-2018 full format 07-10-2019 2019-68900122
31-12-2017 full format 31-08-2018 2018-57300594
31-12-2016 full format 03-08-2017 2017-41300055
31-12-2015 full format 19-08-2016 2016-44100021

Similar companies · same sector, comparable size

Of the 13,720 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 4,906. 1,407 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.