Degroof Petercam - Basic-Fit NV (BFIT) Basic-Fit - Back to membership growth, outlook maintained

Report

Degroof Petercam

Kris Kippers

Basic-Fit - Back to membership growth, outlook maintained

Q3 did not contain surprises as it again showed membership growthOutlook for the FY23 is reiterated, including H2 EBITDA exceeds H1We stick to our negative stance for valuation reasons

20/10/2023 1 EN

Underlying

Basic-Fit NV

Basic-Fit NV is an operator of fitness centers based in the Netherlands. The Company operates more than 350 fitness clubs in the Netherlands, Belgium, France and Spain.

See profile

NL0011872650 Euronext Amsterdam Netherlands

Provider

Degroof Petercam

We are an investment house with Belgian roots founded on more than 150 years of trust.

As a private company owned by long-term committed shareholders, we are independent. Naturally and structurally. Our experts have the knowledge to think and act without bias, and to make decisions that benefit our clients. Today and tomorrow.

See profile

Analysts

Kris Kippers

Other Reports on these Companies

ING Financial Markets

ING Benelux Favourites/Aedifica, Ageas, ASM International, Basic-Fit, D'Ieteren, Lotus Bakeries, SBM Offshore, Theon International, Vopak and Wolters Kluwer

We refresh our ING Benelux Favourites list. We apply a fundamental bottom up approach in which we select stocks which provide the best upside within our Benelux coverage universe and these stocks need clear catalysts. Additions/deletions: We add the following names to the ING Benelux Favourites list: Ageas: Ageas has done multiple deals; its most recent purchase of the 25% stake BNP Paribas had in its Belgian ops, is an accretive deal and we believe makes the Belgian operations ready for a potential M&A deal with Ethias in 2027. Ageas has increased its FCF generation target twice to €2.6bn b...

January 28, 2026 January 28, 2026 1 EN

Oddo BHF

Credit Morning 01/26/2026

INEOS Quattro: € 200m equity injection|Daniel Kretinsky launches takeover bid for Fnac Darty|

January 26, 2026 January 26, 2026 1 EN

Oddo BHF

Morning Crédit 26/01/2026

INEOS Quattro: € 200m equity injection|Daniel Kretinsly lance une OPA sur le capital de Fnac Darty|

January 26, 2026 January 26, 2026 1 FR

(Sponsored) Cabka - Extracting full value from recent investments

New 2-phase strategy. At its recent CMD, Cabka announced a two-phase strategy. First strengthening the company with deleveraging of the balance sheet and an EBITDA margin recovery to 13-15%, followed by an expansion phase in which organic growth and acquisitions can drive revenues to EUR >300m, with the EBITDA-margin exceeding 15%.More defensive approach. After several difficult years, Cabka is choosing a more defensive approach, reinforcing its balance sheet while taking calculated risks with new product introductions to drive growth. The near-term focus is on cost control and capital efficie...

November 25, 2025 November 25, 2025 1 EN

Luuk Van Beek

Luuk Van Beek

EnergyVision - Profitable green energy with a sunny growth outlook

Unique model with stable high marginsStable return by matching production and consumption. EnergyVision has developed a unique model based on green solar energy, where it matches production and consumption to create attractive stable returns. Its long-term contracts with consumers give it good visibility on the prices at which it sells its solar energy. Customers benefit from attractive prices and lower vulnerability to future price hikes.EV chargers bring even better matching. With the launch of chargers for electric vehicles in 2022, EnergyVision has added another sales channel for its solar...

August 22, 2025 August 22, 2025 1 EN

Luuk Van Beek

Luuk Van Beek

(Sponsored) Fastned - Gearing up for a growth spurt

Scaling up its succesful station approachRolling out tried-and-tested concept. Fastned is a clear market leader in highway fast charging in the Netherlands. In the past years it has optimized its concept to provide market-leading reliability and a high service level to customers at competitive costs. It is now rolling out this concept to other European countries, aiming to grow from 346 stations at YE2024 to 1,000 stations by 2030.Significant operating leverage. The stations have been operating at a positive operating EBITDA (i.e. before network expansion costs) since 2019 and their total EBIT...

July 3, 2025 July 3, 2025 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN