K+
ActiveSummary
K+ has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68,100 and a net result of €4,697. Equity is growing by ~25.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 2330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-12
Solvency100▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.81 against 1.48 in 2024; short-term debt: 13.3% and cash: 7% of total assets), and 13.3% of the assets are financed with debt.
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Signals
Four 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86.7%
Return on assets
6%
Age of the figures
9 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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
on the day
2023
1 d early
2022
2 d early
2021
30 d early
2020
28 d early
2019
13 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 13 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€68,100▲ 7.4%
2024 · €63,402
Total assets
€78,586▼ 13.7%
2024 · €91,049
Net result
€4,697▼ 66.4%
2024 · €13,978
Working capital
€19,028▲ 43.9%
2024 · €13,220
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,289▲ 90.8%€2,921▼ 87.5%€15,912▲ 445%€21,279▲ 33.7%€8,483▼ 60.1%
Net result€15,758▲ 60.9%€3,008▼ 80.9%€10,442▲ 247%€13,978▲ 33.9%€4,697▼ 66.4%
Equity€35,975▲ 77.9%€38,983▲ 8.4%€49,425▲ 26.8%€63,402▲ 28.3%€68,100▲ 7.4%
Total assets€103,429▼ 57.5%€79,216▼ 23.4%€86,100▲ 8.7%€91,049▲ 5.7%€78,586▼ 13.7%
Debt€67,453▼ 69.8%€40,233▼ 40.4%€36,675▼ 8.8%€27,646▼ 24.6%€10,486▼ 62.1%
Working capital-€38,055=-€28,305▲ 25.6%-€9,653▲ 65.9%€13,220€19,028▲ 43.9%
Staff (FTE)1▲ 66.7%
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 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78,586
Fixed assets
€49,072 ▼ 2.2%
Current assets
€29,514 ▼ 27.8%
Equity and liabilities €78,586
Equity
€68,100 ▲ 7.4%
Debt
€10,486 ▼ 62.1%
Debt's share of the balance-sheet total falls from 30.4% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16,890▼
2024 · €30,175
Cash flow
€13,104▼
2024 · €22,873
Current ratio
2.81▲
2024 · 1.48
Debt to equity
0.15▼
2024 · 0.44
ROE
6.9%▼
2024 · 22.0%
ROA
6.0%▼
2024 · 15.4%
Interest coverage
42.76▼
2024 · 80.02
Debt ≤ 1 year
€10,486▼
2024 · €27,646
Income taxes
€3,500▼
2024 · €6,945
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €81 | - | - | - |
| Remuneration, social security and pensions62 | €8,168 | -€282 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,520 | €8,211 | €8,211 | €8,895 | €8,407 | ▼ 5.5% |
| Other operating charges640/8 | €2,530 | €2,271 | €2,290 | €3,389 | €3,637 | ▲ 7.3% |
| Non-recurring operating charges66A | €882 | - | - | - | - | - |
| Gross operating margin9900 | €43,389 | €13,120 | €26,413 | €33,564 | €20,527 | ▼ 38.8% |
| Operating profit (loss)9901 | €23,289 | €2,921 | €15,912 | €21,279 | €8,483 | ▼ 60.1% |
| Financial income75/76B | €44 | - | €0 | €21 | €109 | ▲ 429% |
| Recurring financial income75 | €44 | - | €0 | €21 | €109 | ▲ 429% |
| Financial charges65/66B | €1,654 | €807 | €756 | €377 | €395 | ▲ 4.8% |
| Recurring financial charges65 | €1,654 | €807 | €266 | €377 | €395 | ▲ 4.8% |
| Non-recurring financial charges66B | - | - | €490 | - | - | - |
| Profit (loss) for the period before taxes9903 | €21,679 | €2,114 | €15,157 | €20,923 | €8,197 | ▼ 60.8% |
| Income taxes67/77 | €5,921 | -€893 | €4,715 | €6,945 | €3,500 | ▼ 49.6% |
| Profit (loss) for the period9904 | €15,758 | €3,008 | €10,442 | €13,978 | €4,697 | ▼ 66.4% |
| Profit (loss) for the period to be appropriated9905 | €15,758 | €3,008 | €10,442 | €13,978 | €4,697 | ▼ 66.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €103,429 | €79,216 | €86,100 | €91,049 | €78,586 | ▼ 13.7% |
| Fixed assets21/28 | €75,499 | €67,288 | €59,077 | €50,182 | €49,072 | ▼ 2.2% |
| Tangible fixed assets22/27 | €75,499 | €67,288 | €59,077 | €50,182 | €49,072 | ▼ 2.2% |
| Land and buildings22 | €75,499 | €67,288 | €59,077 | €50,182 | €46,649 | ▼ 7.0% |
| Furniture and vehicles24 | - | - | - | - | €2,423 | - |
| Current assets29/58 | €27,929 | €11,928 | €27,023 | €40,867 | €29,514 | ▼ 27.8% |
| Amounts receivable within one year40/41 | €4,294 | €1,208 | €6,284 | €3,818 | €6,929 | ▲ 81.5% |
| Trade receivables40 | €4,294 | €409 | €6,284 | €3,818 | €2,952 | ▼ 22.7% |
| Other amounts receivable41 | - | €798 | - | - | €3,977 | - |
| Cash at bank and in hand54/58 | €23,541 | €10,572 | €16,455 | €30,283 | €5,516 | ▼ 81.8% |
| Deferred charges and accrued income490/1 | €94 | €149 | €4,284 | €6,766 | €17,068 | ▲ 152% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €103,429 | €79,216 | €86,100 | €91,049 | €78,586 | ▼ 13.7% |
| Equity10/15 | €35,975 | €38,983 | €49,425 | €63,402 | €68,100 | ▲ 7.4% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €15,975 | €18,983 | €29,425 | €43,402 | €48,100 | ▲ 10.8% |
| Distributable reserves133 | €15,975 | €18,983 | €29,425 | €43,402 | €48,100 | ▲ 10.8% |
| Amounts payable17/49 | €67,453 | €40,233 | €36,675 | €27,646 | €10,486 | ▼ 62.1% |
| Amounts payable after more than one year17 | €1,380 | - | - | - | - | - |
| Financial debts170/4 | €1,380 | - | - | - | - | - |
| Amounts payable within one year42/48 | €65,985 | €40,233 | €36,675 | €27,646 | €10,486 | ▼ 62.1% |
| Current portion of amounts payable after more than one year42 | €16,126 | €1,380 | - | - | - | - |
| Trade debts44 | €4,933 | €101 | €62 | €139 | €368 | ▲ 164% |
| Suppliers440/4 | €4,933 | €101 | €62 | €139 | €368 | ▲ 164% |
| Taxes, remuneration and social security45 | €7,766 | €1,737 | €6,598 | €13,089 | €10,118 | ▼ 22.7% |
| Taxes450/3 | €7,766 | €1,737 | €6,598 | €13,089 | €10,118 | ▼ 22.7% |
| Other amounts payable47/48 | €37,159 | €37,015 | €30,015 | €14,418 | - | - |
| Accrued charges and deferred income492/3 | €88 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,758 | €3,008 | €10,442 | €13,978 | €4,697 | ▼ 66.4% |
| + Depreciation and write-downs630 | €8,520 | €8,211 | €8,211 | €8,895 | €8,407 | ▼ 5.5% |
| Operating cash flow (approximation) | €24,278 | €11,219 | €18,653 | €22,873 | €13,104 | ▼ 42.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€7,297 | - |
| Change in cash | - | -€12,969 | €5,883 | €13,828 | -€24,767 | ▼ 279% |
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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.48
Current ratio from 0.74 to 1.48; short-term debt falls from €36,675 to €27,646.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-12
Financial
Highest result since 2018net €15,758 ▲60.9%
Operating result €23,289, net result €15,758, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-12
Financial
Back to profitnet €8,865
Net result €8,865 after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2006
Ground area
1,525 m²
Building footprint
233 m²
Volume, LiDAR
1,486 m³
Parcel 71325F0862/00B002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
K+
since 20062.152.162.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71325F0862/00B002 | Flanders | 1,525 m² | 1 · 233 m² | 9.6 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.
Similar companies · same sector, comparable size
Gymlife
BE 0636.839.048
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MM STUDIOS
BE 0799.109.754
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FIT&COOLCATE
BE 0881.486.114
Vilvoorde · Eq €67,805
DE FITNESS
BE 0473.203.513
Leuven · Eq €68,552
CLUB MANAGER HECHTEL
BE 0628.583.556
Hechtel-Eksel · Eq €68,691
Of 1,520 companies in sector 93130 we hold annual accounts for 688. 549 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
Founded27-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
93110Operation of sports facilities
96230Day spas, saunas and steam baths
Scores and ratios are computed by Checked and are not a credit decision.