Basic-Fit N.V. (NL:BFIT)
:BFIT
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Basic Fit N.V.
(BFIT)
Select Model
Select Model
Rating:51Neutral
Price Target:
€34.00
▲(4.29% Upside)
Action:Reiterated
Date:03/13/26
The score is held up by strong revenue growth, improving operating profitability, and solid cash generation, but is meaningfully constrained by very high and rising leverage, thin net margins, weak near-term technical momentum, and an expensive valuation (high P/E) with no dividend support.
Positive Factors
Subscription-based recurring revenue
A subscription model yields predictable, recurring revenue and strong retention economics; as the club network scales fixed costs spread over more members, revenue visibility and steady cash inflows support investment and operational stability over the next several months.
Negative Factors
Very high leverage
An elevated debt-to-equity ratio materially limits financial flexibility and raises refinancing and interest-rate risk. Heavy leverage amplifies downside if growth slows, increasing default/coverage pressure and constraining strategic options across the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Subscription-based recurring revenue
A subscription model yields predictable, recurring revenue and strong retention economics; as the club network scales fixed costs spread over more members, revenue visibility and steady cash inflows support investment and operational stability over the next several months.
Read all positive factors
Basic Fit N.V. (BFIT) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€2.15B
Dividend YieldN/A
Average Volume (3M)104.77K
Price to Earnings (P/E)112.5
Beta (1Y)1.22
Revenue Growth16.89%
EPS Growth85.97%
CountryNL
Employees8,937
SectorGeneral
Sector StrengthN/A
IndustryLeisure
Share Statistics
EPS (TTM)0.29
Shares Outstanding66,000,000
10 Day Avg. Volume154,141
30 Day Avg. Volume104,769
Financial Highlights & Ratios
PEG Ratio1.61
Price to Book (P/B)5.51
Price to Sales (P/S)1.36
P/FCF Ratio5.80
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€41.17Price Target Upside26.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
EPS Forecast (FY)1.35
Revenue Forecast (FY)€1.66B
Basic Fit N.V. Business Overview & Revenue Model
Company Description
Basic-Fit N.V. is a company dedicated to the operation of health and fitness clubs. On March 9, 2022, its extensive network comprised 223 facilities in the Netherlands, 207 in Belgium, 10 in Luxembourg, a considerable 578 throughout France, and 63...
How the Company Makes Money
Basic-Fit primarily makes money through recurring membership subscriptions that grant customers access to its gyms. Membership fees are typically billed on a recurring basis and represent the core revenue stream, benefiting from scale as the club ...
Basic Fit N.V. Financial Statement Overview
Summary
Income Statement
68
Positive
Balance Sheet
32
Negative
Cash Flow
73
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.42B | 1.22B | 1.05B | 794.57M | 340.75M |
| Gross Profit | 563.70M | 1.18B | 413.76M | 624.39M | -82.02M |
| EBITDA | 632.50M | 562.70M | 473.84M | 390.59M | 140.97M |
| Net Income | 14.50M | 8.00M | -2.68M | -3.69M | -150.05M |
Balance Sheet | |||||
| Total Assets | 3.91B | 3.54B | 3.23B | 2.85B | 2.55B |
| Cash, Cash Equivalents and Short-Term Investments | 115.00M | 56.10M | 70.73M | 45.55M | 69.90M |
| Total Debt | 3.21B | 2.82B | 2.53B | 2.22B | 1.92B |
| Total Liabilities | 3.56B | 3.13B | 2.83B | 2.45B | 2.14B |
| Stockholders Equity | 350.10M | 411.50M | 355.26M | 405.39M | 410.58M |
Cash Flow | |||||
| Free Cash Flow | 333.10M | 246.90M | 157.80M | 93.47M | -97.64M |
| Operating Cash Flow | 604.60M | 581.80M | 490.40M | 372.64M | 74.47M |
| Investing Cash Flow | -412.70M | -358.50M | -330.50M | -286.18M | -178.11M |
| Financing Cash Flow | -133.60M | -237.50M | -132.50M | -113.06M | 103.34M |
Basic Fit N.V. Technical Analysis
Positive
32.60
Price Trends
30.43
Positive
30.64
Positive
29.01
Positive
Market Momentum
0.57
Negative
60.99
Neutral
47.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:BFIT, the sentiment is Positive. The current price of 32.6 is above the 20-day moving average (MA) of 31.32, above the 50-day MA of 30.43, and above the 200-day MA of 29.01, indicating a bullish trend. The MACD of 0.57 indicates Negative momentum. The RSI at 60.99 is Neutral, neither overbought nor oversold. The STOCH value of 47.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:BFIT.
Basic Fit N.V. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Neutral | €1.68B | -4,225.00 | ― | 5.07% | 1.75% | -28.77% | |
57 Neutral | €2.04B | 10.72 | 11.48% | 7.57% | -8.69% | -42.98% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | €350.30M | -18.89 | 0.32% | 12.07% | 1.79% | -182.69% | |
51 Neutral | €2.15B | 112.45 | -1.16% | ― | 16.89% | 85.97% | |
51 Neutral | €340.21M | 111.75 | 5.36% | 7.15% | -10.78% | -89.74% | |
50 Neutral | €477.06M | -28.68 | -12.23% | 6.72% | 2.04% | -203.01% |
* General Sector Average
NL:BFIT
Basic Fit N.V.
32.60
6.76
26.16%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.