Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
Of this, €31,648 falls due within a year.
Lower net result than 92% of companies in sports and recreation. Sector median €3,711 · 2,877 companies.
In July 2024, 1,322 companies had the same profile as Route27 has now. Each dot stands for 4 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,322 companies, not a prediction for Route27. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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| Company | ||||
|---|---|---|---|---|
| Route27 Schelle | €183,209 | -€16,547 | -1.1% | - |
| @My Gym Diest Diest | €189,309 | -€33,516 | -51.4% | 0.9 |
| XMILE CONCEPT Etterbeek | €222,088 | -€12,847 | 15.1% | - |
| SOWI Management Huy | €240,699 | -€15,636 | 10.9% | - |
| ARC FITNESS Ghent | €134,910 | -€26,611 | -24.6% | - |
| COSMOS GYM Nivelles | €111,953 | -€6,965 | 5.1% | - |
| KORE Management Bilzen-Hoeselt | €110,264 | -€15,080 | -15.4% | - |
These companies have the same main activity as Route27: fitness centres (NACE 93130). They are comparable in size and age: total assets between €110,000 and €241,000, founded between 2024 and 2025.
Route27 has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,979) and a net result of -€41,979.
Its solvency ranks better than 26% of 2,882 sector peers (NACE 93, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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