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HEALTH CONNECTIONS

Active
Private limited company (pre-2019)founded 2008active for 18 yearsKoolmijnlaan 13, 3580 Beringen, BelgiumKBO/BCE: BE 0806.507.785
Summary

The computed 12-month bankruptcy probability of HEALTH CONNECTIONS is 1.8% (moderate). The 2025 annual accounts show equity of €30,929 and a net result of -€14,592. Equity has been growing by about 9% per year since 2018. Its solvency ranks better than 72% of 1,114 sector peers (NACE 93, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 23-09-2008 Normal situation
Activity
Fitness centres NACE 93130
Establishment unit
2.174.476.120 since 23-09-2008
Financial year end
31 December
Peppol
Reachable since 25-12-2025

Board and ownership

Board
  • Jochen KlingeleersDirector

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2025
Gross margin
-€13,901
Loss
€14,592
Equity
€30,929
▼ 32.1%
Total assets
€55,845
▲ 1.1%
  • 2025 accounts filed 27 days after the deadline
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLast filed accounts filed 27 days late; 2 of the last 3 accounts lateLiquidity: current ratio 2.21Loss of €14,592 (financial year 2025)lowers riskSize: total assets €55,845Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 39% of micro companies in sports and recreation (NACE 93)
Financial strength · tick: 2024
Average
Solvency 80-20
equity 55.4% of total assets
Liquidity 57-34
short-term debt 44.6%
Profitability 0-69
return on assets -26.1%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,268 companies, NACE 93, micro)
Last 24 months 12-2024: 2.3%highest value 01-2025: 2.3%● unchanged vs 12-2024highest value 02-2025: 2.3%● unchanged vs 01-2025highest value 03-2025: 2.3%● unchanged vs 02-2025highest value 04-2025: 2.3%● unchanged vs 03-2025 05-2025: 1.2%▼ -1.1 percentage points vs 04-2025 06-2025: 1.2%● unchanged vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.8%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%▼ -0.6 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.0%▼ -0.2 percentage points vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.1%▲ +0.1 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.0%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.6 percentage points vs 07-2026 09-2026: 1.8%▲ +0.1 percentage points vs 08-2026 10-2026: 1.8%● unchanged vs 09-2026 11-2026: 1.8%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.21 (5.66 in 2024), above the usual 1.5. Short-term debt is 44.6% of total assets. 44.6% of the assets are financed with debt and provisions.
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 93, micro). It does better than 71% of them on solvency, 62% on liquidity, 7% on profitability and 18% 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

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 27 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 2.21
NBB · annual accounts
raises risk · Loss of €14,592 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €55,845
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
27 days late
2024
31 days late
2023
on the day
2022
on the day
2021
151 days late
2020
516 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 117 days after the deadline. In the sector (NACE 93), the median for financial year 2024 was 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · 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 27 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Registered office moved within BeringenNew seat: Koolmijnlaan 13 bus 2-3580 Beringen · Previous seat: Zuidstraat 138 --3581 Beringen
  2. · Gazette deed Resignation: Francky Aegten (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as HEALTH CONNECTIONS: fitness centres (NACE 93130). They are comparable in size and age: total assets between €33,400 and €82,500, founded between 2005 and 2012.

CompanyTotal assetsGross margin
HEALTH CONNECTIONS Beringen€55,845-€13,901
TOPTECH BELGIUM Brussel€44,696-€8,004
Zennsana Zedelgem€69,178-€266
CFW MANAGEMENT Namur€75,210-€12,557
Belle Mine Fleurus€82,517-€6,973
H.S.B. HEALING SUN BEAUTY Hasselt€33,424-€5,163
MY SECOND LIFE Hasselt€49,218€1,986
Full comparison

Key facts about HEALTH CONNECTIONS

What is the company number of HEALTH CONNECTIONS?
The company number of HEALTH CONNECTIONS is 0806.507.785. The VAT number is the same number with BE in front: BE 0806.507.785.
Where is HEALTH CONNECTIONS based?
The registered office is at Koolmijnlaan 13, 3580 Beringen.Company details
What does HEALTH CONNECTIONS do?
According to the KBO register, the main activity is fitness centres (NACE 93130).
What is the legal form of HEALTH CONNECTIONS?
The legal form of HEALTH CONNECTIONS is Private limited company (pre-2019) (BVBA).
When was HEALTH CONNECTIONS founded?
HEALTH CONNECTIONS was founded on 23-09-2008.
Is HEALTH CONNECTIONS still active?
Yes, HEALTH CONNECTIONS is an active enterprise in the KBO register.
How many employees does HEALTH CONNECTIONS have?
HEALTH CONNECTIONS had an average of 0.2 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of HEALTH CONNECTIONS?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it. In financial year 2019 turnover was €70,517.
Is HEALTH CONNECTIONS profitable?
In financial year 2025, HEALTH CONNECTIONS made a loss of €14,592.
Where can I find the annual accounts of HEALTH CONNECTIONS?
HEALTH CONNECTIONS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HEALTH CONNECTIONS due?
HEALTH CONNECTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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