Grit Studios

Active

Public limited companyfounded 2019active for 7 yearsVleurgatse Steenweg 73, 1050 Elsene, BelgiumKBO/BCE: BE 0733.760.359

Summary

Grit Studios has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of -€314,469. Equity is growing by about 45% per year across the filed financial years. Its solvency ranks better than 30% of 510 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisFollow Report Compare

Grit StudiosActiveChecked score 65/100

Risk analysis Report Compare

Activity

Operation of sports facilities

NACE 93110Fitness centres NACE 93130

Fastest staff growth in Belgium, Sports and recreation sector7 sites

Size

€9.8mtotal assets 2025

Staff: 59.9 FTE
Equity: €1.5m
Loss: -€314,469

Financial health

65 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.1%

Structure

Antoine DEROMManaging director
de Liedekerke Beaufort ArthurDirector
DE VAUCLEROY AlexandreManaging director

2025 accounts 3 days early1 of 5 deeds summarised

Why 65raises riskLiquidity: current ratio 0.25, cash €4,498, halvedEquity €1.5m (15.5% of total assets)Loss of €314,469 (financial year 2025)lowers riskSector: Sports, amusement and recreation activities (NACE 93)Show the evidence

Checked score

Score 2025

65 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 33% of its sector peers (NACE 93, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 40-3

equity 15.5% of total assets

Liquidity 34-13

short-term debt 35.6% · cash 0.0%

Profitability 41-3

return on assets -3.2%

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (54 companies, NACE 93, medium-sized)

Last 24 months 11-2024: 1.4% 12-2024: 0.8%▼ -0.6 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.8%▼ -0.7 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.7%▼ -0.1 percentage points vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025lowest value 02-2026: 0.7%● unchanged vs 01-2026lowest value 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.1 percentage points vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.1%● unchanged vs 09-2026

Credit of up to €95,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.25, compared with 0.66 in 2024, below 1; short-term debt: 35.6% and cash: 0% of total assets), and 84.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 31% on solvency, 24% on liquidity, 48% on profitability and 26% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.25, cash €4,498, halved

NBB · annual accounts

Sector: Sports, amusement and recreation activities (NACE 93)

KBO

Equity €1.5m (15.5% of total assets)

NBB · annual accounts

Loss of €314,469 (financial year 2025)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

3 days early

2024

1 day early

2023

62 days early

2022

33 days early

2021

32 days late

2020

31 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 6 days before the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)

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 28 July (4 of the last 5 filed years within 35 days of that day).

Companies Code · seven months

Where today falls in the filing period

25-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

28-07-2026 Annual accounts filedfinancial year 2025 · full…
18-02-2026 Reappointments: DE VAUCLEROY Alexandre, Antoine DEROM…Gazette deed
31-12-2025 Weakest financial yearnet -€314,469

Key points

Caution: From profit to loss in 2025after €36,310 in 2024 -€314,469 View
Caution: Among the weakest 10% on net resultsector median €11,659 · 509 companies -€314,469 View
Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

By topic

Financials

Financial year: 2025
Total assets: €9.8m
Loss: -€314,469
Solvency: 15.5%

Total assets▲ 7.4%

Net result

20202025

Go to Financials

Board & ownership

Board: 3 members

Antoine DEROMManaging director
de Liedekerke Beaufort ArthurDirector
DE VAUCLEROY AlexandreManaging director

Go to Board & ownership

Timeline

Events: 11
Since: 2021
Next accounts: by 31-07-2027

30-07-2025Annual accounts filed
30-05-2024Annual accounts filed
31-12-2023Equity above €1m

Go to Timeline

Company details

Sites: 7

Legal form: Public limited company
Activity: Operation of sports facilitiesNACE 93110
Founded: 06-09-2019
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Grit Studios

What is the company number of Grit Studios?: 0733.760.359. In Belgium the VAT number is the company number with BE in front: BE 0733.760.359.
Where is Grit Studios based?: The registered office is at Vleurgatse Steenweg 73, 1050 Elsene.Company details
What does Grit Studios do?: According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
What is the legal form of Grit Studios?: Public limited company (NV).
When was Grit Studios founded?: On 06-09-2019.
Is Grit Studios still active?: Yes, Grit Studios is an active enterprise in the KBO register.
How many employees does Grit Studios have?: On average 59.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Grit Studios?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Grit Studios profitable?: In financial year 2025, Grit Studios made a loss of €314,469.
Where can I find the annual accounts of Grit Studios?: Grit Studios filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Grit Studios due?: By 31-07-2027, for financial year 2026.Timeline