Equity
THE PILATES STUDIO has made a profit without a break since 2018.
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THE PILATES STUDIO has made a profit without a break since 2018.
The last five annual accounts were filed 38 to 73 days before the end of the period.
Higher solvency than 95% of companies in sports and recreation. Sector median 27.7% · 2,882 companies.
In July 2024, 31,368 companies had the same profile as THE PILATES STUDIO has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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 31,368 companies, not a prediction for THE PILATES STUDIO. 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.
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| Company | ||||
|---|---|---|---|---|
| THE PILATES STUDIO Antwerp | €89,868 | €20,360 | 94.5% | - |
| TREMFIT Mechelen | €86,945 | €17,997 | -79.2% | - |
| K+ Hasselt | €78,586 | €20,527 | 86.7% | - |
| Legrand Serge Rochefort | €63,910 | €20,311 | 80.4% | - |
| FIT&COOLCATE Vilvoorde | €117,679 | €27,026 | 57.6% | - |
| J.A. 2000 Virton | €88,705 | €16,733 | 29.2% | - |
| ACTION BRONZAGE ET FITNESS Molenbeek-Saint-Jean | €68,318 | €26,142 | -87.2% | - |
These companies have the same main activity as THE PILATES STUDIO: fitness centres (NACE 93130). They are comparable in size and age: total assets between €63,900 and €118,000, founded between 1999 and 2006.
THE PILATES STUDIO files the micro format. That format states no turnover. The gross margin rose from €5,619 in 2008 to €20,360 in 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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