Turnover
≈ €170,000 estimated
The micro format states no turnover.
grow training
Lifetime
2 annual accounts with figures on one time axispeak €42,719 (2026)
€42,719▲ 18.0%
peak €9,747 (2025)
€8,652▼ 11.2%
peak €20,399 (2026)
€20,399▲ 73.6%
€16,439▼ 20.2%
Board1 name since 2024
1 directorHAEVELAERTS Rachid
Documentsfilings and deeds
28-10-20263 days before the deadline
2026micro format
Gross margin from €36,203 to €42,719Equity from €11,747 to €20,399Debts from €20,591 to €16,439Cash from €2,453 to €6,550
Key points
from the 2026 annual accountsChecked score
96
Excellent
Financially stronger than 66% of micro companies in education (NACE 85)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2025: 0.4%
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025highest value
11-2025: 0.2%▼ -0.3 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Education (NACE 85)
Liquidity: current ratio 1.72, cash €6,550
Size: total assets €36,838
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 85, micro). It does better than 58% of them on solvency, 40% on liquidity, 80% on profitability and 87% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-03-2026.
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, 39,278 companies had the same profile as grow training has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of grow training itself is lower: 0.1% within 12 months. It rests on far more data about grow training than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 39,278 companies, not a prediction for grow training. 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 €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.72 (0.82 in 2025), above the usual 1.5. Short-term debt is 39.2% and cash 17.8% of total assets. 44.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-10-2026, 3 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2026
3 days early
2025
29 days early
← before the deadline
after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-03-2027 year end31-10-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005782112
Incorporation
Founding capital of €2,000, 100 shares · Founder: HAEVELAERTS Rachid · Appointment: HAEVELAERTS Rachid (director) · published on 12-02-2024 · Gazette deed
First establishment
Holsbeeksesteenweg 323, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| grow training Leuven | €36,838 | €42,719 | 55.4% | - |
| Strength Care Ottignies-Louvain-la-Neuve | €38,849 | €35,521 | 72.9% | - |
| 4 Fit & Fight Fernelmont | €35,875 | €30,329 | 37.4% | - |
| WAPIFIT Walhain | €43,590 | €37,437 | 77.0% | - |
| Moens Alex Schoten | €44,358 | €29,698 | 97.0% | - |
| LVNO Theux | €42,762 | €29,302 | 44.6% | - |
| Your Powerhouse and More Brussels | €47,213 | €28,958 | 54.6% | - |
These companies have the same main activity as grow training: sports and recreation education (NACE 85510). They are comparable in size and age: total assets between €35,900 and €47,200, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 08-02-2024Normal situation
- Activity
- Sports and recreation educationNACE 85510and 1 other
- Joint committee
- 314Hairdressing and beauty care · annual accounts 31-03-2026
- Establishment unit
- 2.355.727.1523010 Leuven, since 08-02-2024
- Financial year end
- 31 March
- Peppol
- Reachable since 24-02-2024
Annual accounts to 31-03-2026
- €36,838▲ 13.9%
- Employeeson 31-03-2026
- 1=
- Filing
- Filed on 28-10-2026, 3 days before the end of the filing period
Insights on grow training
grow training has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €20,399 and a net result of €8,652.
Its solvency ranks better than 48% of 58 sector peers (NACE 85, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about grow training
- What is the company number of grow training?
- The company number of grow training is 1005.782.112. The VAT number is the same number with BE in front: BE 1005.782.112.
- Where is grow training based?
- The registered office is at Holsbeeksesteenweg 323, 3010 Leuven.Company details
- What does grow training do?
- According to the KBO register, the main activity is sports and recreation education (NACE 85510).
- What is the legal form of grow training?
- grow training is a private limited company (BV).
- When was grow training founded?
- grow training was founded on 08-02-2024.
- Is grow training still active?
- Yes, grow training is an active enterprise in the KBO register.
- How many employees does grow training have?
- grow training had an average of 1.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does grow training fall under?
- In its 31-03-2026 annual accounts, grow training states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of grow training?
- The turnover in financial year 2026 is ≈ €170,000. This figure is estimated from the gross margin of €42,719 and 2,940 comparable companies of the same size. It probably lies between €100,000 and €310,000. It is a rough estimate.
- Is grow training profitable?
- In financial year 2026, grow training made a profit of €8,652.
- Where can I find the annual accounts of grow training?
- grow training filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of grow training due?
- grow training must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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