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ISOGYM

Active
Private limited companyfounded 198541 yrs activeRoeselaarsestraat 505, 8870 Izegem, BelgiumKBO/BCE: BE 0427.105.153
Summary

The annual accounts of ISOGYM for fiscal year 2025 show a net loss of 89% of the equity at the start of that year. The 2025 annual accounts show equity of €296,962 and a net result of -€23,767. Equity is growing by ~26.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 2361 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability30▼-35
Solvency56▲+20
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.04 against 0.42 in 2024; short-term debt: 62.7% and cash: 1.4% of total assets), and 68.9% 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 · 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
highest failure risk from 2 to 8 years 41 years 0 50 y
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 d early
2024
22 d early
2023
8 d early
2022
32 d late
2021
78 d late
2020
61 d late
2019
56 d late
← 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 25 days after 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 24 July (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 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

History

On 5 April 1985, ISOGYM was incorporated.1 Total assets went from EUR 35,796 in 2018 to EUR 954,515 in 2025 and headcount from 0.7 full-time equivalents in 2019 to 1.8 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€296,962▲ 1,007%
2024 · €26,829
Total assets
€954,515▲ 295%
2024 · €241,458
Net result
-€23,767
2024 · €7,183
Working capital
-€577,108▼ 621%
2024 · -€80,075
Trend over the years

Click a name to add, emphasise or remove a line.Band: 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.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€350€8,967€5,698▼ 36.5%€14,263▲ 150%-€16,768
Net result-€578within the sector's middle half€8,289within the sector's middle half€524within the sector's middle half▼ 93.7%€7,183within the sector's middle half▲ 1,270%-€23,767below the sector's middle half
Equity€10,833within the sector's middle half▼ 5.1%€19,121within the sector's middle half▲ 76.5%€19,646within the sector's middle half▲ 2.7%€26,829within the sector's middle half▲ 36.6%€296,962above the sector's middle half▲ 1,007%
Total assets€66,985within the sector's middle half▲ 17.5%€93,496within the sector's middle half▲ 39.6%€246,453within the sector's middle half▲ 164%€241,458within the sector's middle half▼ 2.0%€954,515above the sector's middle half▲ 295%
Debt€56,152▲ 23.1%€74,375▲ 32.5%€226,808▲ 205%€214,629▼ 5.4%€657,553▲ 206%
Working capital-€36,711within the sector's middle half▼ 57.2%-€38,365within the sector's middle half▼ 4.5%-€70,627below the sector's middle half▼ 84.1%-€80,075below the sector's middle half▼ 13.4%-€577,108below the sector's middle half▼ 621%
Solvency16.2%within the sector's middle half▼ 3.8pp20.5%within the sector's middle half▲ 4.3pp8.0%within the sector's middle half▼ 12.5pp11.1%within the sector's middle half▲ 3.1pp31.1%within the sector's middle half▲ 20.0pp
Current ratio0.35below the sector's middle half▼ 0.140.39below the sector's middle half▲ 0.050.47within the sector's middle half▲ 0.070.42within the sector's middle half▼ 0.050.04below the sector's middle half▼ 0.38
Return on assets (ROA)-0.9%within the sector's middle half▼ 9.8pp8.9%within the sector's middle half▲ 9.7pp0.2%within the sector's middle half▼ 8.7pp3.0%within the sector's middle half▲ 2.8pp-2.5%within the sector's middle half▼ 5.5pp
Staff (FTE)0.20.2=1▲ 400%1.5▲ 50.0%1.8▲ 20.0%
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
-€30,000-€20,000-€10,000€0€10,000Operating result 2021: -€350-€350Net result 2021: -€578-€578Operating result 2022: €8,967€8,967Net result 2022: €8,289€8,289Operating result 2023: €5,698€5,698Net result 2023: €524€524Operating result 2024: €14,263€14,263Net result 2024: €7,183€7,183Operating result 2025: -€16,768-€16,768Net result 2025: -€23,767-€23,76720212022202320242025-€30,000-€20,000-€10,000€0€10,000Operating result 2023: €5,698€5,700Net result 2023: €524€524Operating result 2024: €14,263€14,300Net result 2024: €7,183€7,180Operating result 2025: -€16,768-€16,800Net result 2025: -€23,767-€23,800202320242025
The operating result turns negative in 2025: a loss of €16,768 after €14,263 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €954,515
Fixed assets €932,704 ▲ 409%
Current assets €21,811 ▼ 62.5%
Equity and liabilities €954,515
Equity €296,962 ▲ 1,007%
Debt €657,553 ▲ 206%
Debt's share of the balance-sheet total falls from 88.9% to 68.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,454▼
2024 · €36,331
Cash flow
€5,456▼
2024 · €29,252
Quick ratio
0.03▼
2024 · 0.39
Debt to equity
2.21▼
2024 · 8.00
ROE
-8.0%▼
2024 · 26.8%
Interest coverage
1.78▼
2024 · 5.13
Debt ≤ 1 year
€598,919▲
2024 · €138,215
Debt > 1 year
€58,634▼
2024 · €76,415
Staff costs
€70,467▲
2024 · €50,058
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 12,321 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€241,458€954,515▲
Fixed assets21/28€183,318€932,704▲
Intangible fixed assets21-€3,626
Tangible fixed assets22/27€183,318€929,078▲
Land and buildings22€34,378€324,302▲
Plant, machinery and equipment23€148,941€604,775▲
Current assets29/58€58,140€21,811▼
Stocks and contracts in progress3€4,233€4,095▼
Stocks30/36€4,233€4,095▼
Amounts receivable within one year40/41€47,213€3,273▼
Trade receivables40€1,456€2,718▲
Other amounts receivable41€45,757€555▼
Cash at bank and in hand54/58€6,211€13,809▲
Deferred charges and accrued income490/1€483€633▲
Equity and liabilities
Total equity and liabilities10/49€241,458€954,515▲
Equity10/15€26,829€296,962▲
Contributions10/11€18,592€312,492▲
Reserves13€15,859€15,859=
Tax-exempt reserves132€14,000€14,000=
Distributable reserves133€1,859€1,859=
Profit (loss) carried forward14-€7,622-€31,389▼
Amounts payable17/49€214,629€657,553▲
Amounts payable after more than one year17€76,415€58,634▼
Financial debts170/4€76,415€58,634▼
Amounts payable within one year42/48€138,215€598,919▲
Current portion of amounts payable after more than one year42€16,966€17,781▲
Trade debts44€34,617€88,236▲
Suppliers440/4€34,617€88,236▲
Taxes, remuneration and social security45€5,315€7,802▲
Taxes450/3€71€1,171▲
Remuneration and social security454/9€5,244€6,630▲
Other amounts payable47/48€81,317€485,100▲
Income statement Code20242025
Remuneration, social security and pensions62€50,058€70,467▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,068€29,222▲
Other operating charges640/8€3,581€3,551▼
Gross operating margin9900€89,970€86,473▼
Operating profit (loss)9901€14,263-€16,768▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€7,080€6,998▼
Recurring financial charges65€7,080€6,998▼
Profit (loss) for the period before taxes9903€7,183-€23,767▼
Profit (loss) for the period9904€7,183-€23,767▼
Profit (loss) for the period to be appropriated9905€7,183-€23,767▼
Appropriation of the result
Profit (loss) to be appropriated9906-€7,622-€31,389▼
Profit (loss) brought forward from the previous period14P-€14,806-€7,622▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€2,476€4,534€13,203€50,058€70,467▲ 40.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,179€4,995€14,242€22,068€29,222▲ 32.4%
Other operating charges640/8€2,900€3,008€2,884€3,581€3,551▼ 0.8%
Gross operating margin9900€10,206€21,503€36,027€89,970€86,473▼ 3.9%
Operating profit (loss)9901-€350€8,967€5,698€14,263-€16,768▼ 218%
Financial income75/76B€0-€11€0--
Recurring financial income75€0-€11€0--
Financial charges65/66B€229€678€5,185€7,080€6,998▼ 1.2%
Recurring financial charges65€229€678€5,185€7,080€6,998▼ 1.2%
Profit (loss) for the period before taxes9903-€578€8,289€524€7,183-€23,767▼ 431%
Profit (loss) for the period9904-€578€8,289€524€7,183-€23,767▼ 431%
Profit (loss) for the period to be appropriated9905-€578€8,289€524€7,183-€23,767▼ 431%
Line20212022202320242025Change
Assets
Total assets20/58€66,985€93,496€246,453€241,458€954,515▲ 295%
Fixed assets21/28€47,543€68,611€184,454€183,318€932,704▲ 409%
Intangible fixed assets21----€3,626-
Tangible fixed assets22/27€47,543€68,611€184,454€183,318€929,078▲ 407%
Land and buildings22€28,445€27,391€37,467€34,378€324,302▲ 843%
Plant, machinery and equipment23€19,099€41,220€146,987€148,941€604,775▲ 306%
Current assets29/58€19,442€24,885€61,999€58,140€21,811▼ 62.5%
Stocks and contracts in progress3€1,779€3,250€4,377€4,233€4,095▼ 3.3%
Stocks30/36€1,779€3,250€4,377€4,233€4,095▼ 3.3%
Amounts receivable within one year40/41€16,869€18,977€47,364€47,213€3,273▼ 93.1%
Trade receivables40-€620€3,113€1,456€2,718▲ 86.7%
Other amounts receivable41€16,869€18,357€44,251€45,757€555▼ 98.8%
Cash at bank and in hand54/58€428€1,211€8,342€6,211€13,809▲ 122%
Deferred charges and accrued income490/1€366€1,448€1,916€483€633▲ 31.1%
Equity and liabilities
Total equity and liabilities10/49€66,985€93,496€246,453€241,458€954,515▲ 295%
Equity10/15€10,833€19,121€19,646€26,829€296,962▲ 1,007%
Contributions10/11€18,592€18,592€18,592€18,592€312,492▲ 1,581%
Reserves13€15,859€15,859€15,859€15,859€15,859=
Non-distributable reserves130/1€1,859€1,859€1,859---
Reserves not available under the articles1311€1,859€1,859€1,859---
Tax-exempt reserves132€14,000€14,000€14,000€14,000€14,000=
Distributable reserves133---€1,859€1,859=
Profit (loss) carried forward14-€23,619-€15,330-€14,806-€7,622-€31,389▼ 312%
Amounts payable17/49€56,152€74,375€226,808€214,629€657,553▲ 206%
Amounts payable after more than one year17-€11,125€93,380€76,415€58,634▼ 23.3%
Financial debts170/4-€11,125€93,380€76,415€58,634▼ 23.3%
Amounts payable within one year42/48€56,152€63,250€132,625€138,215€598,919▲ 333%
Current portion of amounts payable after more than one year42--€16,174€16,966€17,781▲ 4.8%
Financial debts43-€1,083----
Credit institutions430/8-€1,083----
Trade debts44€4,948€4,711€29,531€34,617€88,236▲ 155%
Suppliers440/4€4,948€4,711€29,531€34,617€88,236▲ 155%
Taxes, remuneration and social security45€1,147€3,820€2,845€5,315€7,802▲ 46.8%
Taxes450/3€823€3,611€60€71€1,171▲ 1,549%
Remuneration and social security454/9€324€209€2,786€5,244€6,630▲ 26.4%
Other amounts payable47/48€50,057€53,637€84,075€81,317€485,100▲ 497%
Accrued charges and deferred income492/3--€802---
Line20212022202320242025Change
Profit (loss) for the period9904-€578€8,289€524€7,183-€23,767▼ 431%
+ Depreciation and write-downs630€5,179€4,995€14,242€22,068€29,222▲ 32.4%
Operating cash flow (approximation)€4,601€13,283€14,767€29,252€5,456▼ 81.3%
Investment in fixed assets (approximation)--€26,062-€130,086-€20,932-€778,608▼ 3,620%
Change in cash-€783€7,131-€2,131€7,598▲ 457%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet -€23,767
Net result drops to -€23,767, the lowest in the series.
31-12
Financial Equity above €200,000Eq €296,962 ▲1,007%
Equity rises from €26,829 to €296,962.
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial Back to profitnet €8,289
Net result €8,289 after one loss-making year.
17-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Back to profitnet €5,092
Net result €5,092 after 2 loss-making years.
25-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
22-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 83 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Izegem · 1 establishment unit since 1985
seat establishment The establishment unit on the map
Ground area
3,868 m²
Building footprint
2,576 m²
Volume, LiDAR
13,576 m³
Parcel 36494E0530/00L000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Roeselaarsestraat 505, 8870 Izegem
NACE 52112
since 19852.027.084.026
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36494E0530/00L000 Flanders 3,868 m² 1 · 2,576 m² 7.5 m · 2 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Izegem2.027.084.026
1 permission
Drankgelegenheid · since 09-12-2008

Similar companies · same sector, comparable size

Of 1,520 companies in sector 93130 we hold annual accounts for 690. 435 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
Founded05-04-1985
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
47639Retail sale of other sporting goods
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0427105153
Registered 05-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.