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GYM & DANCE

Active
Private limited companyfounded 199234 yrs activeMarkt 10, 9160 Lokeren, BelgiumKBO/BCE: BE 0447.798.718

GYM & DANCE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €139k and a net result of €27k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 79% of 220 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
94 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+14
Solvency95▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 7.3 against 9.39 in 2023; short-term debt: 12.1% and cash: 44.9% of total assets), and 29.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers 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 34 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 14
Relative position
BE, all sectors
reference
Sector 14
lower
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
22 d early
2022
42 d late
2021
53 d early
2020
132 d late
2019
61 d late
← before the deadline after the 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 2024, micro schema

Equity
€139k▲ 24.3%
2023 · €112k
2018: €85k 2019: €81k 2020: €95k 2021: €96k 2022: €106k 2023: €112k
2018 → 2024
Total assets
€198k▼ 1.6%
2023 · €201k
2018: €331k 2019: €241k 2020: €255k 2021: €207k 2022: €209k 2023: €201k
2018 → 2024
Net result
€27k▲ 352%
2023 · €6k
2018: €4k 2019: €-7k 2020: €16k 2021: €2k 2022: €10k 2023: €6k
2018 → 2024
Working capital
€151k▲ 3.2%
2023 · €147k
2018: €163k 2019: €172k 2020: €178k 2021: €168k 2022: €137k 2023: €147k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€95k-€96k▲ 1.8%€106k▲ 10.2%€112k▲ 5.7%€139k▲ 24.3%
Operating result€13k-€-3k€15k€9k▼ 37.5%€40k▲ 323%
Net result€16k-€2k▼ 89.5%€10k▲ 468%€6k▼ 38.6%€27k▲ 352%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €13k€13kNet result 2020: €16k€16kOperating result 2021: €-3k€-3kNet result 2021: €2k€2kOperating result 2022: €15k€15kNet result 2022: €10k€10kOperating result 2023: €9k€9kNet result 2023: €6k€6kOperating result 2024: €40k€40kNet result 2024: €27k€27k20202021202220232024
The operating result recovers in 2024; 2024 is 323% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €198k
Fixed assets €23k▼ 38.7%
Current assets €175k▲ 6.8%
Equity and liabilities €198k
Equity €139k▲ 24.3%
Debt €59k▼ 34.2%
The debt ratio falls from 44.2% to 29.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€54k
2023 · €24k
Cash flow
€42k
2023 · €20k
Solvency
70.4%
2023 · 55.8%
Current ratio
7.30
2023 · 9.39
Quick ratio
6.48
2023 · 8.27
Debt / equity
0.42
2023 · 0.79
ROE
19.5%
2023 · 5.4%
ROA
13.8%
2023 · 3.0%
Interest coverage
54.29
2023 · 21.21
Debt
€59k
2023 · €89k
Debt ≤ 1 year
€24k
2023 · €17k
Debt > 1 year
€34k
2023 · €71k
Income taxes
€12k
2023 · €3k
Staff costs
€13k
2023 · €10k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€201k€198k
Fixed assets21/28€37k€23k
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€37k€23k
Land and buildings22€1k€923
Plant, machinery and equipment23€2k€1k
Furniture and vehicles24€33k€21k
Leasing and similar rights25€0€0=
Current assets29/58€164k€175k
Stocks and contracts in progress3€20k€20k=
Stocks30/36€20k€20k=
Amounts receivable within one year40/41€53k€67k
Trade receivables40€51k€67k
Other amounts receivable41€2k-
Cash at bank and in hand54/58€91k€89k
Deferred charges and accrued income490/1€564€312
Equity and liabilities
Total equity and liabilities10/49€201k€198k
Equity10/15€112k€139k
Contributions10/11€19k€19k=
Reserves13€66k€66k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€59k€59k=
Profit (loss) carried forward14€28k€55k
Amounts payable17/49€89k€59k
Amounts payable after more than one year17€71k€34k
Financial debts170/4€71k€34k
Amounts payable within one year42/48€17k€24k
Current portion of amounts payable after more than one year42€11k€7k
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€4k€13k
Taxes450/3€4k€13k
Remuneration and social security454/9€735-
Other amounts payable47/48€2k€3k
Income statement Code20232024
Non-recurring operating income76A-€0
Remuneration, social security and pensions62€10k€13k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€207€477
Gross operating margin9900€34k€67k
Operating profit (loss)9901€9k€40k
Financial income75/76B€333€704
Recurring financial income75€333€14
Non-recurring financial income76B-€690
Financial charges65/66B€1k€1,000
Recurring financial charges65€1k€1,000
Profit (loss) for the period before taxes9903€9k€40k
Income taxes67/77€3k€12k
Profit (loss) for the period9904€6k€27k
Profit (loss) for the period to be appropriated9905€6k€27k
Appropriation of the result
Profit (loss) to be appropriated9906€28k€55k
Profit (loss) brought forward from the previous period14P€22k€28k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Highest result since 2018net €27k ▲352%
Operating result €40k, net result €27k, both a record.
09-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
11-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
31-12
Financial Equity above €100kEq €106k ▲10.2%
3 profitable years in a row build equity to €106k.
08-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity triplescurrent ratio 14.94
Current ratio from 4.97 to 14.94; short-term debt falls from €45k to €12k.
10-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 132 days late
2020
31-12
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial Weakest financial yearnet €-7k ▼252%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
25-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
29-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are 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, Lokeren · 1 establishment unit since 1993
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.

Markt 109160 Lokeren
Ground area
606 m²
Building footprint
170 m²
Volume, LiDAR
1,546 m³
Parcel 46384E0191/00E000, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Gym & Dance
Markt 10, 9160 LokerenNACE 18221
since 19932.058.301.594
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46384E0191/00E000
ProtectedMonument · Townscape or village viewBurgerhuisSource ↗
Flanders 605 m² 1 · 170 m² 12.1 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 1,093 companies in sector 14210 we hold annual accounts for 212. 149 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-07-1992
Fiscal year end31-12
Activities, NACEBEL
14130Manufacture of wearing apparel
14210Manufacture of outerwear
51410
14220Manufacture of wearing apparel
14199Manufacture of wearing apparel
14299Manufacture of wearing apparel
46412Wholesale of household textiles and bedding
46423Wholesale of clothing, excluding workwear and underwear
47512Retail sale of household textiles and bedding
47722Retail trade
51421
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.