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JIMS Expansion

Active
Public limited companyfounded 201412 years activeEdingensesteenweg 196, 1500 Halle, BelgiumKBO/BCE: BE 0545.977.663
Summary

JIMS Expansion has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.1m and a net result of €227,610. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 503 sector peers (NACE 93, fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Fitness centres
NACE 93130
#1 employer in Flemish Brabant, Arts, sports and recreation sector43 sites
Size
€30.5mturnover 2025
Staff
178.1 FTE
Equity
€4.1m
Profit
€227,610
Financial health
68 Healthy Checked score 2025
Bankruptcy probability, 12 months
0.9%
Structure
Parent
DO Invest · 100%
Holdings
1
Auditor: Ernst & Young BedrijfsrevisorenAccounts 10 days early3 of 16 deeds read
Why 68- 2 changes of registered office in 24 months- Equity €4.1m (18.0% of total assets)+ Liquidity: current ratio 1.99, cash €7.0m+ Size: turnover €30.5m, 178.1 FTE, total assets €23.0mShow the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 62% of its sector peers (NACE 93, medium-sized)
Financial strength · tick = 2023
Strong
Solvency 43+35
equity 18.0% of total assets
Liquidity 84+51
short-term debt 16.4% · cash 30.3%
Profitability 57+50
return on assets 1.0%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (53 companies)
Last 24 months 11-2024: 2.3% 12-2024: 2.3%● unchanged vs 11-2024 01-2025: 2.4%▲ +0.1 percentage points vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 6.3%▲ +3.9 percentage points vs 04-2025 06-2025: 6.5%▲ +0.2 percentage points vs 05-2025 07-2025: 6.7%▲ +0.2 percentage points vs 06-2025 08-2025: 6.0%▼ -0.7 percentage points vs 07-2025 09-2025: 6.6%▲ +0.6 percentage points vs 08-2025 10-2025: 7.3%▲ +0.7 percentage points vs 09-2025highest value 11-2025: 0.8%▼ -6.5 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026lowest value 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.9%▲ +0.1 percentage points vs 09-2026
Credit up to €280,000 at 30 days acceptable
Liquidity ample (current ratio 1.99 against 0.25 in 2023; short-term debt: 16.4% and cash: 30.3% of total assets), but 82% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, medium-sized): better than 32% on solvency, 96% on liquidity and 57% on profitability.

The bankruptcy probability was computed on 07-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · 2 changes of registered office in 24 months
Belgian State Gazette
lowers risk · Liquidity: current ratio 1.99, cash €7.0m
NBB · annual accounts
lowers risk · Size: turnover €30.5m, 178.1 FTE, total assets €23.0m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €4.1m (18.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 days early
2023
20 days late
2022
92 days late
2021
30 days late
2020
74 days early
2019
62 days late
2018
29 days 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 21 days after the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Appointment: Ernst & Young Bedrijfsrevisoren (statutory…State Gazette act
  2. Capital & shares · RestructuringMerger · Accounting effect ·…
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Positive: Employer in Flemish Brabant, Arts, sports and recreation…in the Checked rankings #1 View
  • Controlled by DO Investknown shareholders 100% 100% View
  • Turnover 20253 fiscal years filed €30.5m View

By topic

Financials

Fiscal year
2025
Turnover
€30.5m
Profit
€227,610
Solvency
18.0%
Turnover▲ 89.0%
Net result
20222025
Go to Financials

Board & ownership

Parent
DO Invest · 100%
Known shareholders
100%
Auditor
Ernst & Young Bedrijfsrevisoren
Go to Board & ownership

Timeline

Events
18
Since
2016
  1. 31-03-2025Back to profit
  2. 31-03-2025Liquidity times 8
  3. 31-03-2025Equity above €2m
Go to Timeline

Company details

Sites
43
Legal form
Public limited company
Activity
Fitness centresNACE 93130
Founded
23-01-2014
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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