Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
FITCLASS TURNHOUT from Turnhout, company number BE0886529025, closed financial year 2025 with a result of € 23,511 after tax. For that financial year FITCLASS TURNHOUT recorded a gross margin of € 24,694 and equity of € -72,620. Compared with financial year 2024, the result moved from € 8,854 to € 23,511. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ -72,620
▲ € 23,511 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23,511
▲ 166% vs 2024
Profit after tax over the fiscal year.
€ 20,776
▲ 246% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -91,220.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 253
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 629
▼ 46% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,861 | € -5,878 | € 10,384 | € 24,694 | ▲ 138% |
| Profit after taxes | € -9,110 | € -7,141 | € 8,854 | € 23,511 | ▲ 166% |
| Equity | € -97,844 | € -104,985 | € -96,131 | € -72,620 | ▲ € 23,511 |
| Total debts | € 107,119 | € 107,464 | € 104,194 | € 95,643 | ▼ 8% |
| Cash | € 53 | € 53 | € 5,997 | € 20,776 | ▲ 246% |
| Retained profit | € -116,444 | € -123,585 | € -114,731 | € -91,220 | ▲ € 23,511 |
| Balance sheet total | € 9,276 | € 2,479 | € 8,063 | € 23,023 | ▲ 186% |
Key figures of FITCLASS TURNHOUT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to FITCLASS TURNHOUT?
What happened at FITCLASS TURNHOUT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 23,511 (▲ 166% vs 2024). Source: NBB ↗
- New establishment in Turnhout. KBO
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
- Mysak Wolfs became a director. NBB
In short
From € 9,110 loss in 2022 to € 23,511 profit in 2025.
Best year ever: 2025, with € 23,511 profit.
Management
Behind FITCLASS TURNHOUT is Mysak Wolfs .
Directors
According to the 2025 annual accounts
Mysak Wolfs
Director
since 2007
Establishments
Establishment units
Physical locations of this company
Baron Frans du Fourstraat 2 box 13
2300 Turnhout
Apostoliekenstraat 4
2300 Turnhout
Active since 1 October 2009
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0886.529.025
- VAT number
- BE 0886.529.025
- Registered office
- Baron Frans du Fourstraat 2 bus 13, 2300 Turnhout
- Names & denominations
- FITCLASS TURNHOUT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2007
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
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