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Power Gym

Active
Private limited companyfounded 2022active for 4 yearsKrekelmotestraat 62, 8870 Izegem, BelgiumKBO/BCE: BE 0789.954.142
Summary

Power Gym has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€115,131) and a net result of -€1,970. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 13% of 2,789 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Fitness centres
NACE 93130
1 site
Size
€176,287total assets 2025
Staff
1.3 FTE
Equity
-€115,131
Loss
-€1,970
Turnover not published (abbreviated or micro format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts 30 days early0 of 1 deed read
Why 54raises riskCapped at 59: negative equityNegative equity -€115,1311 of the last 3 latelowers riskSector: Sports, amusement and recreation activities (NACE 93)Size: total assets €176,287Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 93, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -65.3% of total assets
Liquidity 30+17
short-term debt 68.6% · cash 13.7%
Profitability 67+62
return on assets -1.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,256 companies, NACE 93, micro)
Last 24 months 11-2024: 2.2% 12-2024: 2.1%▼ -0.1 percentage points vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.7%▲ +0.6 percentage points vs 04-2025 06-2025: 3.0%▲ +0.3 percentage points vs 05-2025 07-2025: 4.1%▲ +1.1 percentage points vs 06-2025 08-2025: 4.1%● unchanged vs 07-2025 09-2025: 4.3%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 2.1%▼ -2.2 percentage points vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.0%▼ -0.1 percentage points vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.1%▲ +0.1 percentage points vs 01-2026 03-2026: 2.0%▼ -0.1 percentage points vs 02-2026 04-2026: 0.9%▼ -1.1 percentage points vs 03-2026 05-2026: 0.7%▼ -0.2 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.7%● unchanged vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.4, compared with 0.65 in 2024; short-term debt: 68.6% and cash: 13.7% of total assets), and equity is negative.
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, micro): better than 9% on solvency, 26% on liquidity, 45% on profitability and 40% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · Negative equity -€115,131
NBB · annual accounts
lowers risk · Size: total assets €176,287
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€115,131
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
30 days early
2024
140 days late
2023
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 35 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 27 April (3 of the last 3 filed years within 143 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end09-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€115,131 View
  • Risk: 3 loss-making years in a rowloss financial year 2025 -€1,970 View
  • Caution: Among the weakest 7% on equitysector median €31,201 · 2,792 companies -€115,131 View

By topic

Financials

Financial year
2025
Total assets
€176,287
Loss
-€1,970
Solvency
-65.3%
Total assets▼ 19.5%
Net result
20232025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Fitness centresNACE 93130
Founded
25-08-2022
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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