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FUNCTIONAL FIT

Active
Private limited companyfounded 20241 yr activeBruggenhoofdstraat 28, 9800 Deinze, BelgiumKBO/BCE: BE 1014.894.964
Summary

FUNCTIONAL FIT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,232 and a net result of €31,732. Its solvency ranks better than 57% of 2330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency61
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.06; short-term debt: 64.4% and cash: 61.4% of total assets), and 64.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
35.6%
Return on assets
34%
Age of the figures
9 mo
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 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
4 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

On 9 October 2024, FUNCTIONAL FIT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€33,232
Total assets
€93,378
Net result
€31,732
Working capital
€3,824

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €93,378
Fixed assets €29,408
Current assets €63,970
Equity and liabilities €93,378
Equity €33,232
Debt €60,146
Debt finances 64.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€48,191
Cash flow
€40,404
Current ratio
1.06
Debt to equity
1.81
ROE
95.5%
ROA
34.0%
Interest coverage
3759.06
Debt ≤ 1 year
€60,146
Income taxes
€7,774
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€93,378
Fixed assets21/28€29,408
Tangible fixed assets22/27€29,408
Plant, machinery and equipment23€1,562
Furniture and vehicles24€27,846
Current assets29/58€63,970
Amounts receivable within one year40/41€3,583
Trade receivables40€3,583
Cash at bank and in hand54/58€57,365
Deferred charges and accrued income490/1€3,022
Equity and liabilities
Total equity and liabilities10/49€93,378
Equity10/15€33,232
Contributions10/11€5,000
Reserves13€28,232
Distributable reserves133€28,232
Amounts payable17/49€60,146
Amounts payable within one year42/48€60,146
Trade debts44€2,906
Suppliers440/4€2,906
Taxes, remuneration and social security45€8,794
Taxes450/3€8,794
Other amounts payable47/48€48,446
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,672
Other operating charges640/8€837
Gross operating margin9900€49,028
Operating profit (loss)9901€39,519
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€13
Recurring financial charges65€13
Profit (loss) for the period before taxes9903€39,506
Income taxes67/77€7,774
Profit (loss) for the period9904€31,732
Profit (loss) for the period to be appropriated9905€31,732
Appropriation of the result
Profit (loss) to be appropriated9906€31,732
Transfer to equity691/2€28,232
To other reserves6921€28,232
Profit to be distributed694/7€3,500
Directors or managers695€3,500

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,672
Other operating charges640/8€837
Gross operating margin9900€49,028
Operating profit (loss)9901€39,519
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€13
Recurring financial charges65€13
Profit (loss) for the period before taxes9903€39,506
Income taxes67/77€7,774
Profit (loss) for the period9904€31,732
Profit (loss) for the period to be appropriated9905€31,732
Line2025
Assets
Total assets20/58€93,378
Fixed assets21/28€29,408
Tangible fixed assets22/27€29,408
Plant, machinery and equipment23€1,562
Furniture and vehicles24€27,846
Current assets29/58€63,970
Amounts receivable within one year40/41€3,583
Trade receivables40€3,583
Cash at bank and in hand54/58€57,365
Deferred charges and accrued income490/1€3,022
Equity and liabilities
Total equity and liabilities10/49€93,378
Equity10/15€33,232
Contributions10/11€5,000
Reserves13€28,232
Distributable reserves133€28,232
Amounts payable17/49€60,146
Amounts payable within one year42/48€60,146
Trade debts44€2,906
Suppliers440/4€2,906
Taxes, remuneration and social security45€8,794
Taxes450/3€8,794
Other amounts payable47/48€48,446
Line2025
Profit (loss) for the period9904€31,732
+ Depreciation and write-downs630€8,672
Operating cash flow (approximation)€40,404

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

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Timeline · acts, filings and financial milestones

2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
1,507 m²
Building footprint
335 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
FUNCTIONAL FIT
Bruggenhoofdstraat 28, 9800 DeinzeNutrition and dietetics services
since 20242.364.897.117
FUNCTIONAL FIT
Gaverlandstraat 15, 9031 GentSports and recreation education
since 20242.364.897.216
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44017D1076/00T000 Flanders 1,178 m² 1 · 244 m² -
44004A1037/00R007 Flanders 329 m² 1 · 90 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,520 companies in sector 93130 we hold annual accounts for 688. 533 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded09-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
85510Sports and recreation education
85599Other education
86995Nutrition and dietetics services

Scores and ratios are computed by Checked and are not a credit decision.