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FULLTIME SPORT

Active
Private limited companyfounded 199531 yrs activeZeeschipstraat 61, 9000 Gent, BelgiumKBO/BCE: BE 0454.450.542

FULLTIME SPORT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €964k and a net result of €91k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 88% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
87 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-3
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 14.21 against 6.08 in 2024; short-term debt: 6.5% and cash: 28.5% of total assets), and 14.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 31 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2025
Solvency, return and age of the figures
Solvency
85.7%
Return on assets
8.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
3 d early
2023
8 d early
2022
6 d early
2021
18 d early
2020
31 d early
2019
10 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€964k▲ 10.4%
2024 · €873k
2019: €696k 2020: €707k 2021: €793k 2022: €761k 2023: €811k 2024: €873k
2019 → 2025
Total assets
€1.13M▼ 9.9%
2024 · €1.25M
2019: €1.04M 2020: €1.05M 2021: €1.08M 2022: €1.12M 2023: €1.19M 2024: €1.25M
2019 → 2025
Net result
€91k▼ 31.1%
2024 · €132k
2019: €61k 2020: €11k 2021: €87k 2022: €68k 2023: €150k 2024: €132k
2019 → 2025
Working capital
€970k▲ 2.0%
2024 · €951k
2019: €799k 2020: €756k 2021: €804k 2022: €777k 2023: €876k 2024: €951k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€793k-€761k▼ 4.1%€811k▲ 6.6%€873k▲ 7.6%€964k▲ 10.4%
Operating result€101k-€79k▼ 21.7%€172k▲ 118%€146k▼ 15.4%€96k▼ 34.0%
Net result€87k-€68k▼ 21.6%€150k▲ 122%€132k▼ 12.3%€91k▼ 31.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €101k€101kNet result 2021: €87k€87kOperating result 2022: €79k€79kNet result 2022: €68k€68kOperating result 2023: €172k€172kNet result 2023: €150k€150kOperating result 2024: €146k€146kNet result 2024: €132k€132kOperating result 2025: €96k€96kNet result 2025: €91k€91k20212022202320242025
The operating result has fallen two years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets €81k▼ 26.7%
Current assets €1.04M▼ 8.3%
Equity and liabilities €1.13M
Equity €964k▲ 10.4%
Debt €161k▼ 57.1%
The debt ratio falls from 30.1% to 14.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€126k
2024 · €171k
Cash flow
€120k
2024 · €157k
Solvency
85.7%
2024 · 69.9%
Current ratio
14.21
2024 · 6.08
Quick ratio
5.18
2024 · 2.09
Debt / equity
0.17
2024 · 0.43
ROE
9.4%
2024 · 15.1%
ROA
8.1%
2024 · 10.5%
Interest coverage
21.88
2024 · 28.12
Debt
€161k
2024 · €376k
Debt ≤ 1 year
€73k
2024 · €187k
Debt > 1 year
€88k
2024 · €189k
Income taxes
€27k
2024 · €41k
Staff costs
€220k
2024 · €213k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.25M€1.13M
Fixed assets21/28€111k€81k
Tangible fixed assets22/27€109k€79k
Plant, machinery and equipment23€15k€8k
Other tangible fixed assets26€94k€71k
Financial fixed assets28€2k€2k=
Current assets29/58€1.14M€1.04M
Stocks and contracts in progress3€747k€663k
Stocks30/36€747k€663k
Amounts receivable within one year40/41€130k€51k
Trade receivables40€116k€32k
Other amounts receivable41€14k€19k
Cash at bank and in hand54/58€254k€321k
Deferred charges and accrued income490/1€8k€9k
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.13M
Equity10/15€873k€964k
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€854k€944k
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€852k€942k
Profit (loss) carried forward14€664€1k
Amounts payable17/49€376k€161k
Amounts payable after more than one year17€189k€88k
Other amounts payable178/9€189k€88k
Amounts payable within one year42/48€187k€73k
Current portion of amounts payable after more than one year42€23k€23k=
Trade debts44€71k€33k
Suppliers440/4€71k€33k
Taxes, remuneration and social security45€44k€17k
Taxes450/3€34k€11k
Remuneration and social security454/9€10k€6k
Other amounts payable47/48€50k-
Income statement Code20242025
Remuneration, social security and pensions62€213k€220k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€30k
Other operating charges640/8€3k€6k
Gross operating margin9900€386k€353k
Operating profit (loss)9901€146k€96k
Financial income75/76B€33k€27k
Recurring financial income75€33k€27k
Financial charges65/66B€6k€6k
Recurring financial charges65€6k€6k
Profit (loss) for the period before taxes9903€173k€117k
Income taxes67/77€41k€27k
Profit (loss) for the period9904€132k€91k
Profit (loss) for the period to be appropriated9905€132k€91k
Appropriation of the result
Profit (loss) to be appropriated9906€133k€91k
Profit (loss) brought forward from the previous period14P€865€664
Transfer to equity691/2€62k€90k
To other reserves6921€62k€90k
Profit to be distributed694/7€70k-
Return on contributions (dividend)694€70k-
Social balance
Average headcount (FTE)90874.03.8

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Liquidity doublescurrent ratio 14.21
Current ratio from 6.08 to 14.21; short-term debt falls from €187k to €73k.
2024
28-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
23-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Highest result since 2019net €150k ▲122%
Operating result €172k, net result €150k, both a record.
2022
25-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
13-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Weakest financial yearnet €11k ▼82.5%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
2019
21-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-08-2025 Filip Nelis: Resigned as Director
31-08-2025 Luc Ryckaert: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1995
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zeeschipstraat 619000 Gent
Ground area
4,955 m²
Building footprint
2,570 m²
Volume, LiDAR
12,393 m³
Parcel 44813S0409/00G004, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FULLTIME SPORT
Zeeschipstraat 61, 9000 GentNACE 51476
since 19952.070.639.303
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44813S0409/00G004 Flanders 4,955 m² 1 · 2,570 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 to 2025 · 3 entries · 4,600 EUR awarded · 4,600 EUR paid
Year Entries awardedpaid
2025 1 2,000 EUR2,000 EUR
2024 1 600 EUR600 EUR
2022 1 2,000 EUR2,000 EUR
Schemes
Hinderpremie bij openbare werken
2 entries · 4,000 EUR · 4,000 EUR paid · Fonds voor Innoveren en Ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 600 EUR · 600 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 584 companies in sector 46496 we hold annual accounts for 384. 259 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded03-02-1995
Fiscal year end31-03
Activities, NACEBEL
46496Wholesale trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
51476
52421
47639Retail sale of other sporting goods
47640Retail trade
52482
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.