ProFitt
ActiveSummary
ProFitt has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-22k) and a net result of €-837. Equity is shrinking by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability25▼-75
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.03 in 2023; short-term debt: 471.9% and cash: 14.7% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-371.9%
Return on assets
-14.4%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-22k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
7 d early
2022
22 d late
2021
31 d late
2020
30 d late
2019
110 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€-22k▼ 4.0%
2023 · €-21k
Total assets
€6k▲ 5.5%
2023 · €6k
Net result
€-837
2023 · €2k
Working capital
€-23k▲ 4.3%
2023 · €-24k
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
Line20202021202220232024
Operating result€-3k€-17k▼ 391%€-15k▲ 12.2%€2k€360▼ 82.8%
Net result€-5k€-18k▼ 289%€-15k▲ 13.7%€2k€-837
Equity€-2k€-20k▼ 971%€-22k▼ 14.8%€-21k▲ 7.1%€-22k▼ 4.0%
Total assets€67k▲ 19.4%€33k▼ 50.1%€14k▼ 56.7%€6k▼ 61.8%€6k▲ 5.5%
Debt€69k▲ 29.0%€53k▼ 22.9%€37k▼ 30.3%€26k▼ 28.5%€27k▲ 4.3%
Working capital€-29k▼ 209%€-49k▼ 69.4%€-25k▲ 49.0%€-24k▲ 2.2%€-23k▲ 4.3%
Staff (FTE)0.71.1▲ 57.1%0.5▼ 54.5%
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 2024; 2024 is 83% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6k
Fixed assets
€2k ▼ 66.9%
Current assets
€4k ▲ 464%
Key figures and ratios
EBITDA
€4k▼
2023 · €5k
Cash flow
€2k▼
2023 · €5k
Solvency
-371.9%▲
2023 · -377.1%
Current ratio
0.15▲
2023 · 0.03
Debt to equity
-1.27▼
2023 · -1.27
ROA
-14.4%▼
2023 · 29.0%
Interest coverage
2.96▼
2023 · 10.91
Debt ≤ 1 year
€27k▲
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €13k | €16k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €7k | €3k | €3k | €3k | ▼ 4.6% |
| Other operating charges640/8 | - | €340 | €13k | €64 | €229 | ▲ 260% |
| Gross operating margin9900 | €23k | €4k | €17k | €6k | €4k | ▼ 31.4% |
| Operating profit (loss)9901 | €-3k | €-17k | €-15k | €2k | €360 | ▼ 82.8% |
| Financial charges65/66B | - | €871 | €511 | €498 | €1k | ▲ 140% |
| Recurring financial charges65 | €1k | €871 | €511 | €498 | €1k | ▲ 140% |
| Profit (loss) for the period before taxes9903 | €-5k | €-18k | €-15k | €2k | €-837 | ▼ 152% |
| Profit (loss) for the period9904 | €-5k | €-18k | €-15k | €2k | €-837 | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | €-5k | €-18k | €-15k | €2k | €-837 | ▼ 152% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €33k | €14k | €6k | €6k | ▲ 5.5% |
| Fixed assets21/28 | €36k | €32k | €8k | €5k | €2k | ▼ 66.9% |
| Intangible fixed assets21 | €7k | €5k | €4k | €2k | - | - |
| Tangible fixed assets22/27 | €29k | €27k | €4k | €3k | €1k | ▼ 52.9% |
| Plant, machinery and equipment23 | - | €11k | €2k | €1k | €246 | ▼ 77.1% |
| Furniture and vehicles24 | - | €9k | €903 | €677 | €452 | ▼ 33.3% |
| Other tangible fixed assets26 | - | €7k | €2k | €1k | €631 | ▼ 41.1% |
| Financial fixed assets28 | €251 | €251 | €251 | €251 | €251 | = |
| Current assets29/58 | €31k | €1k | €6k | €752 | €4k | ▲ 464% |
| Amounts receivable within one year40/41 | €12k | €453 | €359 | €59 | €3k | ▲ 4,219% |
| Trade receivables40 | - | - | €284 | €24 | €2k | ▲ 6,705% |
| Other amounts receivable41 | - | €453 | €75 | €35 | €900 | ▲ 2,488% |
| Cash at bank and in hand54/58 | €5k | €307 | €5k | €95 | €854 | ▲ 801% |
| Deferred charges and accrued income490/1 | - | €410 | €1k | €598 | €842 | ▲ 40.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €33k | €14k | €6k | €6k | ▲ 5.5% |
| Equity10/15 | €-2k | €-20k | €-22k | €-21k | €-22k | ▼ 4.0% |
| Contributions10/11 | - | €6k | €19k | €19k | €19k | = |
| Reserves13 | €647 | €647 | €647 | €647 | €647 | = |
| Non-distributable reserves130/1 | - | €647 | €647 | - | - | - |
| Reserves not available under the articles1311 | - | €647 | €647 | - | - | - |
| Distributable reserves133 | - | - | - | €647 | €647 | = |
| Profit (loss) carried forward14 | €-9k | €-26k | €-42k | €-40k | €-41k | ▼ 2.1% |
| Amounts payable17/49 | €69k | €53k | €37k | €26k | €27k | ▲ 4.3% |
| Amounts payable after more than one year17 | €6k | - | - | - | - | - |
| Amounts payable within one year42/48 | €59k | €50k | €31k | €25k | €27k | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €6k | - | - | - | - |
| Trade debts44 | €25k | €16k | €22k | €24k | €24k | ▲ 3.8% |
| Suppliers440/4 | - | €16k | €22k | €24k | €24k | ▲ 3.8% |
| Advances received on contracts in progress46 | - | €20k | - | - | - | - |
| Taxes, remuneration and social security45 | - | €4k | €1k | - | €350 | - |
| Taxes450/3 | - | €269 | €378 | - | €350 | - |
| Remuneration and social security454/9 | - | €4k | €628 | - | - | - |
| Other amounts payable47/48 | - | €4k | €8k | €2k | €3k | ▲ 80.5% |
| Accrued charges and deferred income492/3 | - | €3k | €6k | €1k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-5k | €-18k | €-15k | €2k | €-837 | ▼ 152% |
| + Depreciation and write-downs630 | €15k | €7k | €3k | €3k | €3k | ▼ 4.6% |
| Operating cash flow (approximation) | €10k | €-10k | €-12k | €5k | €2k | ▼ 52.4% |
| Investment in fixed assets (approximation) | - | €-3k | €21k | €0 | €0 | - |
| Change in cash | - | €-5k | €5k | €-5k | €759 | ▲ 116% |
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
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
31-12
Financial
Back to profitnet €205
Net result €205 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
01-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Waregem · 1 establishment unit since 2014
Ground area
748 m²
Building footprint
242 m²
Volume, LiDAR
904 m³
2 parcels, Flanders · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Liebaardstraat 59, 8792 Waregem
since 20142.238.173.842
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0011/00S002 | Flanders | 595 m² | 1 · 170 m² | 11.8 m · 1 fl. |
| 34010A0915/00C000 | Flanders | 153 m² | 1 · 72 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,520 companies in sector 93130 we hold annual accounts for 688. 226 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
Founded15-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
Scores and ratios are computed by Checked and are not a credit decision.