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KONKI: value indication

Roughly what is an SME worth on what it filed? A range from its adjusted equity and its earnings, with your own assumptions, recalculated as you go.

Value indication

KONKI

BE 0807.348.222
NACE 93.130, Fitness centres
latest balance sheet 31-12-2025indication, not a valuation or advice

Indicative value of the equity

Indication, not a valuation or advice

The filed figures and these assumptions give no positive value: the adjusted equity and the average result are both zero or negative.

Part of the calculation comes out below zero; a shareholding is never worth less than zero, so the floor is zero.

Adjusted equity -€27,200

Your assumptions

Capitalised earnings
%

The return a buyer expects on the money put in. Higher for more risk. The range also computes with 2 points more and less.

Adjust the equity
Blend
50%
Optional: your own multiple

Checked holds no market prices, so it suggests no multiple. If you have one from a transaction or a study, the tool applies it to the filed EBITDA less the net financial debt.

Adjusted equity

balance sheet 31-12-2025
Equity (10/15)
-€26,960
Intangible fixed assets (21)
-€240
Revaluation of assets
€0
Deferred tax on the revaluation
€0
Other adjustment
€0
Adjusted equity
-€27,200

Capitalised earnings

net result for the year (9904)
2025
€654
2024
-€6,445
2023
-€10,354
2022
-€18,791
2021
€31,593
Average result
-€5,382
Divided by the capitalisation rate
14% / 12% / 10%
Capitalised earnings
not meaningful: the average result is zero or negative

What this indication leaves out

  • Market prices and comparable transactions: Checked does not hold them.
  • Anything after the latest accounts, and items off the balance sheet (guarantees, leases, disputes).
  • The real value of buildings, stock and receivables: enter your own revaluation or adjustment.
  • The owner's role in the business, synergies for a buyer and the tax consequences of a sale.

For a valuation to decide on: a company auditor or a certified accountant.

Source: filed annual accounts (NBB), latest balance sheet at 31 December 2025. Prepared on 28 September 2026 via checked.be. Indication, not a valuation or advice.