GYM PLUS
ActiveSummary
GYM PLUS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €651,709 and a net result of €187,031. Equity is growing by ~17.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability93▼-4
Solvency92▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 8.08 against 6.37 in 2023; short-term debt: 8.7% and cash: 25.1% of total assets), and 32.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
67.1%
Return on assets
19.2%
Age of the figures
21 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 26-06-2026, 35 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
35 d early
2024
31 d early
2023
28 d early
2022
29 d late
2021
37 d early
2020
79 d late
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€651,709▲ 15.4%
2023 · €564,679
Total assets
€971,731▲ 5.6%
2023 · €920,191
Net result
€187,031▼ 10.0%
2023 · €207,786
Working capital
€596,833▲ 20.9%
2023 · €493,583
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€143,041▼ 15.4%€8,233▼ 94.2%€106,503▲ 1,194%€264,676▲ 149%€249,806▼ 5.6%
Net result€115,640above the sector's middle half▼ 19.0%€31,429above the sector's middle half▼ 72.8%€66,655above the sector's middle half▲ 112%€207,786above the sector's middle half▲ 212%€187,031above the sector's middle half▼ 10.0%
Equity€398,809above the sector's middle half▲ 40.8%€430,238above the sector's middle half▲ 7.9%€426,893above the sector's middle half▼ 0.8%€564,679above the sector's middle half▲ 32.3%€651,709above the sector's middle half▲ 15.4%
Total assets€577,541above the sector's middle half▲ 1.0%€559,140above the sector's middle half▼ 3.2%€516,890above the sector's middle half▼ 7.6%€920,191above the sector's middle half▲ 78.0%€971,731above the sector's middle half▲ 5.6%
Debt€178,732▼ 38.1%€128,902▼ 27.9%€89,997▼ 30.2%€355,512▲ 295%€320,022▼ 10.0%
Working capital€474,819above the sector's middle half▲ 20.0%€475,025above the sector's middle half=€435,487above the sector's middle half▼ 8.3%€493,583above the sector's middle half▲ 13.3%€596,833above the sector's middle half▲ 20.9%
Solvency69.1%above the sector's middle half▲ 19.6pp76.9%above the sector's middle half▲ 7.9pp82.6%above the sector's middle half▲ 5.6pp61.4%above the sector's middle half▼ 21.2pp67.1%above the sector's middle half▲ 5.7pp
Current ratio7.20above the sector's middle half▲ 2.857.90above the sector's middle half▲ 0.697.83above the sector's middle half▼ 0.076.37above the sector's middle half▼ 1.468.08above the sector's middle half▲ 1.71
Return on assets (ROA)20.0%above the sector's middle half▼ 4.9pp5.6%within the sector's middle half▼ 14.4pp12.9%within the sector's middle half▲ 7.3pp22.6%above the sector's middle half▲ 9.7pp19.2%above the sector's middle half▼ 3.3pp
Staff (FTE)3.1above the sector's middle half▲ 55.0%2.8▼ 9.7%3.1▲ 10.7%3.7▲ 19.4%3.1▼ 16.2%
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 6% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €971,731
Fixed assets
€290,541 ▼ 13.2%
Current assets
€681,190 ▲ 16.3%
Equity and liabilities €971,731
Equity
€651,709 ▲ 15.4%
Debt
€320,022 ▼ 10.0%
Debt's share of the balance-sheet total falls from 38.6% to 32.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€311,559▲
2023 · €274,958
Cash flow
€248,784▲
2023 · €218,068
Quick ratio
8.05▲
2023 · 6.35
Debt to equity
0.49▼
2023 · 0.63
ROE
28.7%▼
2023 · 36.8%
Interest coverage
26.53▼
2023 · 82.60
Debt ≤ 1 year
€84,357▼
2023 · €91,954
Debt > 1 year
€187,578▼
2023 · €223,324
Income taxes
€57,738▲
2023 · €55,455
Staff costs
€115,536▲
2023 · €87,745
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,611 | - | €76,837 | - | - |
| Remuneration, social security and pensions62 | - | €49,824 | €66,388 | €87,745 | €115,536 | ▲ 31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,242 | €20,370 | €8,252 | €10,282 | €61,753 | ▲ 501% |
| Other operating charges640/8 | - | €1,244 | €1,342 | €1,554 | €1,631 | ▲ 5.0% |
| Non-recurring operating charges66A | - | €69 | - | - | - | - |
| Gross operating margin9900 | €245,968 | €79,739 | €182,485 | €364,256 | €428,726 | ▲ 17.7% |
| Operating profit (loss)9901 | €143,041 | €8,233 | €106,503 | €264,676 | €249,806 | ▼ 5.6% |
| Financial income75/76B | - | €28,709 | €0 | €1,894 | €6,707 | ▲ 254% |
| Recurring financial income75 | €121 | €28,709 | €0 | €1,894 | €6,707 | ▲ 254% |
| Financial charges65/66B | - | €3,918 | €3,255 | €3,329 | €11,744 | ▲ 253% |
| Recurring financial charges65 | €4,783 | €3,918 | €3,255 | €3,329 | €11,744 | ▲ 253% |
| Profit (loss) for the period before taxes9903 | €138,379 | €33,024 | €103,248 | €263,241 | €244,769 | ▼ 7.0% |
| Income taxes67/77 | €22,738 | €1,594 | €36,594 | €55,455 | €57,738 | ▲ 4.1% |
| Profit (loss) for the period9904 | €115,640 | €31,429 | €66,655 | €207,786 | €187,031 | ▼ 10.0% |
| Profit (loss) for the period to be appropriated9905 | €115,640 | €31,429 | €66,655 | €207,786 | €187,031 | ▼ 10.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €577,541 | €559,140 | €516,890 | €920,191 | €971,731 | ▲ 5.6% |
| Fixed assets21/28 | €26,199 | €15,224 | €17,642 | €334,654 | €290,541 | ▼ 13.2% |
| Tangible fixed assets22/27 | €26,199 | €15,224 | €17,642 | €334,654 | €290,541 | ▼ 13.2% |
| Plant, machinery and equipment23 | - | €8,448 | €15,744 | €334,386 | €288,645 | ▼ 13.7% |
| Furniture and vehicles24 | - | €1,931 | €929 | €268 | €1,896 | ▲ 608% |
| Other tangible fixed assets26 | - | €4,844 | €969 | €0 | €0 | - |
| Current assets29/58 | €551,343 | €543,917 | €499,248 | €585,537 | €681,190 | ▲ 16.3% |
| Stocks and contracts in progress3 | €3,450 | €5,346 | €3,213 | €2,026 | €2,142 | ▲ 5.8% |
| Stocks30/36 | - | €5,346 | €3,213 | €2,026 | €2,142 | ▲ 5.8% |
| Amounts receivable within one year40/41 | €81,139 | €34,426 | €6,633 | €36,077 | €31,497 | ▼ 12.7% |
| Trade receivables40 | - | €3,667 | €3,425 | €36,077 | €1,368 | ▼ 96.2% |
| Other amounts receivable41 | - | €30,759 | €3,208 | - | €30,129 | - |
| Current investments50/53 | - | - | - | - | €402,536 | - |
| Cash at bank and in hand54/58 | €452,099 | €503,523 | €487,962 | €546,423 | €244,160 | ▼ 55.3% |
| Deferred charges and accrued income490/1 | - | €622 | €1,440 | €1,012 | €855 | ▼ 15.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €577,541 | €559,140 | €516,890 | €920,191 | €971,731 | ▲ 5.6% |
| Equity10/15 | €398,809 | €430,238 | €426,893 | €564,679 | €651,709 | ▲ 15.4% |
| Contributions10/11 | €95,000 | €95,000 | €95,000 | €95,000 | €95,000 | = |
| Outside capital11 | - | €95,000 | - | - | - | - |
| Other1109/19 | - | €95,000 | - | - | - | - |
| Reserves13 | €9,500 | €9,500 | €9,500 | €9,500 | €9,500 | = |
| Non-distributable reserves130/1 | - | €9,500 | €9,500 | - | - | - |
| Reserves not available under the articles1311 | - | €9,500 | €9,500 | - | - | - |
| Distributable reserves133 | - | - | - | €9,500 | €9,500 | = |
| Profit (loss) carried forward14 | €294,309 | €325,738 | €322,393 | €460,179 | €547,209 | ▲ 18.9% |
| Amounts payable17/49 | €178,732 | €128,902 | €89,997 | €355,512 | €320,022 | ▼ 10.0% |
| Amounts payable after more than one year17 | €79,480 | €39,225 | €7,552 | €223,324 | €187,578 | ▼ 16.0% |
| Financial debts170/4 | - | €39,225 | €7,552 | €223,324 | €187,578 | ▼ 16.0% |
| Amounts payable within one year42/48 | €76,524 | €68,892 | €63,761 | €91,954 | €84,357 | ▼ 8.3% |
| Current portion of amounts payable after more than one year42 | - | €40,254 | €39,496 | €39,591 | €38,074 | ▼ 3.8% |
| Trade debts44 | €27,961 | €9,320 | €11,891 | €12,617 | €11,665 | ▼ 7.5% |
| Suppliers440/4 | - | €9,320 | €11,891 | €12,617 | €11,665 | ▼ 7.5% |
| Taxes, remuneration and social security45 | - | €17,418 | €10,474 | €37,846 | €34,588 | ▼ 8.6% |
| Taxes450/3 | - | €3,521 | €882 | €19,170 | €16,267 | ▼ 15.1% |
| Remuneration and social security454/9 | - | €13,897 | €9,592 | €18,676 | €18,321 | ▼ 1.9% |
| Other amounts payable47/48 | - | €1,900 | €1,900 | €1,900 | €29 | ▼ 98.5% |
| Accrued charges and deferred income492/3 | - | €20,784 | €18,684 | €40,234 | €48,087 | ▲ 19.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115,640 | €31,429 | €66,655 | €207,786 | €187,031 | ▼ 10.0% |
| + Depreciation and write-downs630 | €47,242 | €20,370 | €8,252 | €10,282 | €61,753 | ▲ 501% |
| Operating cash flow (approximation) | €162,882 | €51,799 | €74,907 | €218,068 | €248,784 | ▲ 14.1% |
| Investment in fixed assets (approximation) | - | -€9,394 | -€10,670 | -€327,294 | -€17,640 | ▲ 94.6% |
| Change in cash | - | €51,424 | -€15,561 | €58,461 | -€302,262 | ▼ 617% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €207,786 ▲212%
Operating result €264,676, net result €207,786, both a record.
31-12
Financial
Equity above €500,000Eq €564,679 ▲32.3%
6 profitable years in a row build equity to €564,679.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €31,429 ▼72.8%
Net result drops to €31,429, the lowest in the series; recovery starts the following year.
18-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 79 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200,000Eq €283,169 ▲48.7%
2 profitable years in a row build equity to €283,169.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Aalst · 1 establishment unit since 2016
Ground area
7,841 m²
Building footprint
7,762 m²
Volume, LiDAR
58,128 m³
Parcel 41342B0006/00H002, Flanders · tallest building 15.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
GYM PLUS
since 20162.256.030.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0006/00H002 | Flanders | 7,841 m² | 1 · 7,761 m² | 15.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,092 EUR awarded · 2,092 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 296 EUR |
| 2022 | 1 | 2,092 EUR | 1,796 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalst2.256.030.651
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Of 1,520 companies in sector 93130 we hold annual accounts for 690. 312 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
Founded16-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
Contact
Website
www.gymplusschotte.be
E-mail
info@gymplusschotte.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0660939885
Also
9925:BE0660939885
Registered
24-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.