GM5 Gym
ActiveSummary
GM5 Gym has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €96,885 and a net result of €25,442. Equity has been shrinking by about 9.6% per year since 2023. Its solvency ranks better than 22% of 664 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 25-02-2022 Normal situation
- Registered office
- 10 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Social work activities without accommodation NACE 88919and 1 other
- Establishment units
- 2.329.844.978 1040 Etterbeek, since 25-02-2022
- 2.390.284.688 1170 Watermaal-Bosvoorde, since 18-05-2026
- Financial year end
- 30 June
- Peppol
- Reachable since 17-10-2025
Board and ownership
- CHASSANG Benoît Marie PhilippeDirector · since 25-02-2022
- PAVE GYMDirector · since 25-02-2022 · permanent representative Pierre FOLLEBOUCKT
- PAVE GYM100%· score 8130-06-2025 annual accounts of PAVE GYM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €269,956
- ▲ 1.9%
- Turnover
- ≈ €320,000
- estimated
- Profit
- €25,442
- ▼ 38.9%
- Equity
- €96,885
- ▼ 40.0%
- Total assets
- €385,831
- ▼ 7.9%
- Employees on 30-06-2025
- 8
- ▼ 20.0%
Score breakdownraises riskSize: 5.1 FTE, total assets €385,831lowers riskSector: Social work activities without accommodation (NACE 88)Liquidity: current ratio 1.15, cash €144,025Figures for financial year 2025 (filed on 04-02-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 88, micro). It does better than 32% of them on solvency, 57% on liquidity, 60% on profitability and 10% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 2 days after the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed IncorporationStarting capital €50,000 · Appointments: PAVE GYM (director) and CHASSANG Benoît Marie Philippe (director) · Permanent representative: Pierre FOLLEBOUCKT
Comparable companies
These companies have the same main activity as GM5 Gym: social work activities without accommodation (NACE 88919). They are comparable in size and age: total assets between €111,000 and €650,000, founded between 2019 and 2025.
| Company | Total assets | Gross margin |
|---|---|---|
| GM5 Gym Etterbeek | €385,831 | €269,956 |
| MDA UCCLE Ukkel | €209,645 | €379,303 |
| NANNY’S Bilzen-Hoeselt | €194,377 | €235,568 |
| MDA Wavre Wavre | €649,762 | €73,292 |
| Etincelle Seneffe | €180,362 | €373,001 |
| La Porte Verte - éducation Sint-Jans-Molenbeek | €231,272 | €765,633 |
| Récréa'Braine Braine-le-Comte | €111,191 | €502,152 |
Key facts about GM5 Gym
- What is the company number of GM5 Gym?
- The company number of GM5 Gym is 0782.634.107. The VAT number is the same number with BE in front: BE 0782.634.107.
- Where is GM5 Gym based?
- The registered office is at Sint Michielswarande 97, 1040 Etterbeek.Company details
- What does GM5 Gym do?
- According to the KBO register, the main activity is social work activities without accommodation (NACE 88919).
- What is the legal form of GM5 Gym?
- The legal form of GM5 Gym is Private limited company (BV).
- When was GM5 Gym founded?
- GM5 Gym was founded on 25-02-2022.
- Is GM5 Gym still active?
- Yes, GM5 Gym is an active enterprise in the KBO register.
- How many employees does GM5 Gym have?
- GM5 Gym had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of GM5 Gym?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €269,956 and 30 comparable companies (NACE 889). It probably lies between €300,000 and €360,000.
- Is GM5 Gym profitable?
- In financial year 2025, GM5 Gym made a profit of €25,442.
- Where can I find the annual accounts of GM5 Gym?
- GM5 Gym filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of GM5 Gym due?
- GM5 Gym must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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