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FULL FORCE

Active Private limited companyfounded 2022active for 3 yearsWinkelom 87, 2440 GeelKBO/BCE: BE 0793.909.267

Overview

Lifetime

3 annual accounts with figures on one time axis
peak €14,266 (2025)
€14,266▲ 16.4%
lowest -€2,221 (2023)
€4,136▼ 0.9%
peak €9,091 (2025)
€9,091▲ 83.5%
€21,920▼ 19.5%
Board2 names since 2022
2 directorsVAN DER VELDE Jenne and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €12,261 to €14,266Appointment: VAN ORSHAEGEN Nina Julia (director) 15-10Equity from €4,955 to €9,091Debts from €27,214 to €21,920

Key points

from the 2025 annual accounts

Turnover

≈ €83,000 estimated

The micro format states no turnover.

Debts

€21,920 71% of the balance sheet
Financial debts 25%Suppliers 2%Taxes and wages 5%Other 69%

Of this, €16,470 falls due within a year.

Checked score

88
Excellent
Financially stronger than 68% of micro companies in sports and recreation (NACE 93)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 4,271 companies (NACE 93, micro).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025highest value 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.3%▼ -0.4 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.7%▲ +0.3 percentage points vs 06-2026 08-2026: 0.3%▼ -0.4 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value

Financial strength
Strong

54+14equity 29.3% of total assets
52+6short-term debt 53.1% · cash 23.3%
85=return on assets 13.3%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Liquidity: current ratio 0.66, cash €7,230
Figures for financial year 2025 (filed on 02-07-2026)
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 50% of them on solvency, 55% on liquidity, 76% on profitability and 89% on growth.

The bankruptcy probability was computed on 10-11-2026 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, 7,976 companies had the same profile as FULL FORCE has now. Each dot stands for 20 companies, two years later.

94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of FULL FORCE itself is lower: 0.3% within 12 months. It rests on far more data about FULL FORCE than the profile alone.

Test of the method

The method was tested on the 497,448 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 7,976 companies, not a prediction for FULL FORCE. 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 €500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.66 (0.48 in 2024), below 1. Short-term debt is 53.1% and cash 23.3% of total assets. 70.7% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
lowers risk · Liquidity: current ratio 0.66, cash €7,230
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 02-07-2026)
NBB · annual accounts
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 02-07-2026, 29 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
29 days early
2024
38 days early
2023
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 36 days before 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 23 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Board and ownership

VD
Director, since 24-11-2022
VO
Director, since 11-10-2025
  • VAN DER VELDE Jenne 100 sharesdeed of 28-11-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0793909267
Registered office moved within Geel New registered office: Winkelom 87, unit B7, 2440 Geel · Previous registered office: Acaciastraat 18 bus A2, 2440 Geel · General meeting of 05-06-2026 · Gazette deed
Appointment: VAN ORSHAEGEN Nina Julia (director) “Het verstrekken van alle diensten,advies,consultancy,technische expertise,management en…” (deed in Dutch) · General meeting of 10-10-2025 · Gazette deed
Incorporation Founding capital of €3,000, 100 shares · Founder: VAN DER VELDE Jenne · Appointment: VAN DER VELDE Jenne (director) · published on 28-11-2022 · Gazette deed
All 9 events

Comparable companies

same main activity, similar in size and age
Company
FULL FORCE Geel €31,010 €14,266 29.3% -
Fit20 Eeklo Ghent €34,183 €15,102 -83.8% -
MAVIER Zottegem €34,150 €16,681 -11.0% -
ROKEJO Herentals €34,729 €15,590 46.6% -
Reformed Ghent €31,643 €10,913 7.0% -
Kadiseja Kruisem €34,477 €15,115 -14.3% -
YOUR HEALTH PROJECTS Tongeren-Borgloon €26,917 €18,863 16.9% -

These companies have the same main activity as FULL FORCE: fitness centres (NACE 93130). They are comparable in size and age: total assets between €26,900 and €34,700, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 24-11-2022Normal situation
Registered office
11 active companies are registered at this addressSource: KBO register, as of 11 November 2026.
Activity
Fitness centresNACE 93130and 8 others
Establishment unit
2.338.424.4312440 Geel, since 24-11-2022
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€14,266▲ 16.4%
€4,136▼ 0.9%
€9,091▲ 83.5%
€31,010▼ 3.6%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Insights on FULL FORCE

FULL FORCE files the micro format. That format states no turnover. The gross margin rose from €6,485 in 2023 to €14,266 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 02-07-2026, 29 days before the deadline
€14,266
▲ 16.4%
€7,427
▲ 19.4%
€4,136
▼ 0.9%
-€5,525
▲ €3,094
29.3%
▲ 13.9 percentage points
0.66
▲ 0.19

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

Turnover ≈ €83,000. Estimated: probably between €37,000 and €200,000.

Balance sheet

balance sheet total €31,010 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

29.3%

Higher than 51% of 2,882 companies in 2025.

0.66

Higher than 36% of 2,767 companies in 2025.

13.3%

Higher than 73% of 2,791 companies in 2025.

FULL FORCE Middle half of the sector 80% of the sector Micro accounts in sports and recreation (NACE 93)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 31,01032,16832,988
21/28 20,06624,24129,013
21 9,78311,18312,583
22/27 10,28313,05816,430
23 9,28211,66414,643
24 1,0011,3941,787
29/58 10,9447,9283,975
3 2,6881,0221,022
30/36 2,6881,0221,022
40/41 4391,172271
40 423258271
41 16914-
54/58 7,2305,7342,683
490/1 587--
Balance sheet: equity and liabilities
10/49 31,01032,16832,988
10/15 9,0914,955779
10/11 3,0003,0003,000
14 6,0911,955-2,221
17/49 21,92027,21432,209
17 5,45010,66615,656
170/4 5,45010,66615,656
42/48 16,47016,54716,553
42 5,2164,9904,775
44 3551,190267
440/4 3551,190267
45 1,006581364
450/3 1,006581364
47/48 9,8939,78611,146
Income statement
9900 14,26612,2616,485
630 6,3205,9225,417
640/8 5201181,703
9901 7,4276,220-635
75/76B 9128
75 9128
65/66B 2,2061,4641,614
65 2,2061,4641,614
9903 5,2304,757-2,221
67/77 1,094581-
9904 4,1364,175-2,221
9905 4,1364,175-2,221
Appropriation of the result
9906 6,0911,955-2,221
14P 1,955-2,221-
Document PDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 02-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 02-07-2026 2026-00259016 PDF
31-12-2024 micro format 23-06-2025 2025-00189242 PDF
31-12-2023 micro format 19-06-2024 2024-00144978 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
13,74612,1434,782
10,45610,0983,196
2,1461,15034,430
1,4963,051-
-5,525-8,620-12,577
29.3%15.4%2.4%
0.660.480.24
0.500.420.18
2.415.49-
45.5%84.3%-
13.3%13.0%-6.7%
6.238.292.96

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets€2,146€1,150€20,430
Intangible fixed assets--€14,000
€6,320€5,922€5,417

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on FULL FORCE

The operating result for 2025 is 19% higher than in 2024 and the highest since 2023. It is the second rise in a row.

Debt's share of the balance-sheet total falls from 84.6% to 70.7%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, no change since 2025
Director
since 24-11-2022
listed in the 2025 annual accounts, filed on 02-07-2026
Director (not named in the articles)
since 11-10-2025
listed in the 2025 annual accounts, filed on 02-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 28-11-2022

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
VAN ORSHAEGEN Nina Julia
Director (not named in the articles)
Board
Mandates as a list
  • VAN DER VELDE Jenne
    • Director, from 24-11-2022 to date
  • VAN ORSHAEGEN Nina Julia
    • Director (not named in the articles), from 11-10-2025 to date

See the board, name and registered office on a given date →

Control

This company
FULL FORCE
Equity €9,091
Profit €4,136 in 2025

Capital

Contribution
€3,000
Shares
100
Contribution per share
€30
Equity per share
€90.91 in 2025
Source
deed of 28-11-2022

Articles of association

deed of 28-11-2022 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 19:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 28-11-2022 ↗

Network & group

No group

FULL FORCE has no parent and no holdings in its annual accounts. FULL FORCE shares no director with another company.

Timeline

Timeline

9 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0793909267
Annual accounts 2025 filed NBBmicro format · 29 days before the deadline
Registered office moved within GeelNew registered office: Winkelom 87, unit B7, 2440 Geel · Previous registered office: Acaciastraat 18 bus A2, 2440 Geel · General meeting of 05-06-20262 points ▸
  • General meeting, 05-06-2026
  • Registered-office move, Winkelom 87, unit B7, 2440 Geel

Open the deed in the Belgian Official Gazette

2025
Appointment: VAN ORSHAEGEN Nina Julia (director)“Het verstrekken van alle diensten,advies,consultancy,technische expertise,management en…” (deed in Dutch) · General meeting of 10-10-20254 points ▸
  • General meeting, 10-10-2025
  • Purpose change, “Het verstrekken van alle diensten,advies,consultancy,technische expertise,management en bedrijfsorganisatie,bemiddeling,contacten,bijstand,opleiding,informatie…” (deed in Dutch)
  • Power of attorney, Eline Soons
  • Director appointment, VAN ORSHAEGEN Nina Julia (director (not named in the articles))

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFmicro format · 38 days before the deadline
2024
Back to profit net €4,175 The net result is €4,175, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 42 days before the deadline
2022
IncorporationFounding capital of €3,000, 100 shares · Founder: VAN DER VELDE Jenne · Appointment: VAN DER VELDE Jenne (director) · published on 28-11-20223 points ▸

Open the deed in the Belgian Official Gazette

First establishment Winkelom 87, Geel

Financial milestones sit on the financial year-end date, not the filing date.

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

History

On 24 November 2022, FULL FORCE was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2026 the registered office moved to Geel.3 Of the 2 current board members, VAN DER VELDE Jenne has served longest, since 2022.4 Total assets went from €32,988 in 2023 to €31,010 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-11-2022
  3. 3Belgian Official Gazette, 25-06-2026
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0793.909.267
VAT number
BE 0793.909.267
Peppol ID
0208:0793909267
Legal form
Private limited company
Status
Active, normal situation
Founded
24-11-2022
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 19:00
deed of 28-11-2022 (in Dutch)
Peppol
Reachable since 21-10-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
FULL FORCE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-11-2022 (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.
“Acaciastraat 18 A2, 2440 Geel”
deed of 28-11-2022 (in Dutch)

Activities

NACEBEL 2025
93130 Fitness centres main activity
Codes under NACEBEL 2008
93130 Sports, amusement and recreation activities main activity
47640 Retail trade
56101 Full-service restaurants
85510 Sports and recreation education
93110 Operation of sports facilities
93199 Other sports activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Beheer en exploitatie van sportcentra die kunnen gebruikt worden voor de beoefening van diverse sporten en disciplines; Beheer en…”
39 activities
  1. Beheer en exploitatie van sportcentra die kunnen gebruikt worden voor de beoefening van diverse sporten en disciplines
  2. Beheer en exploitatie van multifunctionele centra,overwegend gebruikt voor sportbeoefening
  3. Organisatie en uitvoering van sportevenementen:voetbal,wielrennen,bowling,zwemmen,golf,boksen,worstelen,en andere vechtsporten,bodybuilding,wintersporten,enzovoort
  4. Activiteiten van overige sportclubs
  5. Fitnesscentra
  6. Overige sportactiviteiten
  7. Sport- en recreatieonderwijs
  8. Overige menselijke gezondheidszorg
  9. Exploitatie van sportaccommodaties
  10. Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels
  11. Overige kleinhandel in voedings- en genotmiddelen in gespecialiseerde winkels
  12. Kleinhandel in sportartikelen,kampeerbenodigdheden(inclusief tenten)en artikelen voor overige vormen van vrije-tijdsbesteding
  13. Detailhandel in onderkleding,lingerie en strand- en badkleding in gespecialiseerde winkels Kleinhandel in onderkleding,lingerie,strand- en badkleding
  14. Detailhandel in dames-,heren-,baby- en kinderboven en-onderkleding en kledingaccessoires in gespecialiseerde winkels(algemeen assortiment)
  15. Kleinhandel in bovenkleding(inclusief werk-,sport- en ceremoniekleding)van ongeacht welk materiaal(textielstoffen,breigoed,leer,bont,enz.)voor heren,dames en kinderen(algemeen assortiment)
  16. Detailhandel in schoeisel in gespecialiseerde winkels
  17. Kleinhandel in schoeisel
  18. Verkoop aan de toog of via telefoon,internet van eetwaren en dranken:cafetaria's
  19. Verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie
  20. Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzovoort
  21. Algemene audit-activiteiten
  22. Verhuur en lease van sport- en recreatieartikelen
  23. Verhuur van sport- en kampeerartikelen
  24. Promotie en organisatie van sportevenementen,als zelfstandige activiteit of voor rekening van derden
  25. Ondersteunende diensten in verband met de sportbeoefening
  26. Sauna's,solaria,baden enzovoort
  27. Diensten in verband met het lichamelijk welzijn,zoals verleend in inrichtingen voor thalassotherapie,kuuroorden,Turkse baden,sauna's,stoombaden,solariums,massagesalons,enzovoort
  28. Overige persoonlijke diensten
  29. Het nemen van participaties in andere ondernemingen
  30. Uitoefenen van mandaten van bestuurder in andere vennootschappen
  31. Beheer van onroerende goederen in hypotheek stellen en al haar andere goederen,in pand stellen en aval verlenen voor alle leningen,kredietopeningen,en andere verbintenissen zowel voor haarzelf als voor derden
  32. Verstrekken van leningen en financieringen aan ondernemingen
  33. Verstrekken van waarborgen
  34. Het verwerven en beheren van handelszaken
  35. Deelnemen of samenwerken met bestaande of nog op te richten ondernemingen die een gelijkaardig of complementair voorwerp hebben
  36. Het uitvoeren van alle nuttige activiteiten zoals het ontwikkelen,aankopen,verkopen,commercialiseren en marketing van producten en diensten
  37. Het uitvoeren van marktstudies en klantentevredenheidsenquêtes
  38. Het waarnemen van agentschappen of het vertegenwoordigen van producten en diensten en dit zowel in eigen naam als tussenpersoon
  39. Het beheer van alle roerende goederen en waarden,het nemen van belangen onder gelijk welke vorm in andere vennootschappen en ondernemingen
deed of 28-11-2022 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Winkelom 87 registered office 2440 Geel 24-11-2022 2.338.424.431 Bar

Location

registered office establishment approximate The establishment unit on the map

Recognitions

Food safety, FASFC

1 site
Geelunit number 2.338.424.431
1 permission
Bar · since 24-11-2022

Source: FAVV-AFSCA, open data, updated on 02-11-2026