ACTIVE

GYM PASSION

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Financial year 2025 · Closed on 31/03/2025

Net result225,1 k €+50,4 %over 1 year

Gross margin351,7 k €+30,9 %over 1 year

Equity602,3 k €-17,2 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

GYM PASSION is a Private limited company incorporated in 2015. Its main activity is: Wholesale of other household goods. Its registered office is in Tournai. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0638.908.316
Incorporation: 28/09/2015
Legal form: Private limited company
Registered office: Rue du Follet(K) 10 box 4
7540 Tournai · WallonieSee on map
Contributed capital: 42 000,00 €
Latest accounts: 31/03/2025
Average workforce: 1,0 ETP

Activities (NACE)

46496Wholesale of other household goods· main 46496Wholesale of other household goods 47639Retail sale of music and video recordings in specialised stores 47640Retail sale of sporting equipment in specialised stores 77210Rental and leasing of recreational and sports goods 77210Rental and leasing of recreational and sports goods+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 10 filings

Trend over 10 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	351,7 k €	+30.9%	268,8 k €	+6.0%	253,6 k €	-26.7%	346 k €	+0.5%	344,4 k €
EBITDA	247,8 k €	+23.4%	200,9 k €	+21.3%	165,6 k €	-30.8%	239,3 k €	-23.3%	311,9 k €
Operating result	243,7 k €	+35.1%	180,4 k €	+11.6%	161,7 k €	-31.3%	235,4 k €	-18.2%	287,8 k €
Net result	225,1 k €	+50.4%	149,6 k €	+7.9%	138,7 k €	-29.0%	195,3 k €	-13.6%	226 k €
Balance sheet
Equity	602,3 k €	-17.2%	727,2 k €	+7.3%	677,6 k €	-8.3%	738,8 k €	-0.6%	743,5 k €
Total assets	1,2 M €	+19.4%	1 M €	+4.8%	988,4 k €	-3.2%	1 M €	+4.1%	980,8 k €
Cash	1 M €	+59.9%	653,9 k €	-15.5%	773,6 k €	-2.5%	793,5 k €	-5.3%	837,6 k €
Debts	634,8 k €	+112%	299,4 k €	-3.7%	310,9 k €	+10.3%	281,8 k €	+18.8%	237,3 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	-23.1%	1,3 ETP	-31.6%	1,9 ETP	+90.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 5 ended

Active mandates

Rémi Karakotchian

Manager · since 07 mars 2024

Active

Ended mandates

Rémi Karakotchian

Manager · since 21 mars 2024

Ended

Rémi Karakotchian

Director · since 01 janvier 2017

Ended

Rémi Karakotchian

Manager · since 01 janvier 2017

Ended

Yves Benoit

Manager · since 28 septembre 2015 · until 31 décembre 2016

Ended

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Rue du Follet(K) 10 7540 Tournai

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/11/2025	28/10/2024	15/11/2023	26/10/2022	22/10/2021	29/10/2020
General meeting	19/09/2025	20/09/2024	15/09/2023	16/09/2022	17/09/2021	18/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 10 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	19/09/2025	21/11/2025	French	PDF
Abridged model	31/03/2024	20/09/2024	28/10/2024	French	PDF
Abridged model	31/03/2023	15/09/2023	15/11/2023	French	PDF
Abridged model	31/03/2022	16/09/2022	26/10/2022	French	PDF
Abridged model	31/03/2021	17/09/2021	22/10/2021	French	PDF
Abridged model	31/03/2020	18/09/2020	29/10/2020	French	PDF
Abridged model	31/03/2019	20/09/2019	30/10/2019	French	PDF
Abridged model	31/03/2018	21/09/2018	19/10/2018	French	PDF
Abridged model	31/03/2017	15/09/2017	11/10/2017	French	PDF
Full model	31/03/2016	16/09/2016	21/11/2016	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2025

1 active · 5 ended

Active mandates

Rémi Karakotchian

Manager · since 07 mars 2024

Active

Ended mandates

Rémi Karakotchian

Manager · since 21 mars 2024

Ended

Rémi Karakotchian

Director · since 01 janvier 2017

Ended

Rémi Karakotchian

Manager · since 01 janvier 2017

Ended

Yves Benoit

Manager · since 28 septembre 2015 · until 31 décembre 2016

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office07/11/2025
SIEGE SOCIAL
PDF
Mandates25/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates20/12/2022
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates12/12/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates10/04/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates02/09/2016
DEMISSIONS, NOMINATIONS
PDF
Other30/09/2015
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

2025
Annual accounts 2025225,1 k €↑
2024
Annual accounts 2024149,6 k €↑
2023
Annual accounts 2023138,7 k €↓
2022
Annual accounts 2022195,3 k €↓
2021
Annual accounts 2021226 k €↑
2020
Annual accounts 20209,7 k €↓
2019
Annual accounts 2019118,1 k €↓
2018
Annual accounts 2018313,9 k €↑
2017
Annual accounts 201753,7 k €↑
2016
Annual accounts 2016-19,8 k €
28/09/2015
IncorporationPrivate limited company

GYM PASSION

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline