KBC Securities - Basic-Fit NV (BFIT) Basic-Fit Feedback analyst call

Report

KBC Securities

Lynn Hautekeete

Basic-Fit Feedback analyst call

The analyst call was mainly focussed on lower club openings and the French market lagging membership growth. By announcing only 175 new club openings in FY24 the 2030 target of 3000-3500 clubs becomes hard to reach. Questions arising on the long term growth model is what led to the sharp sell off today.

14/03/2024 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.

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NL0011872650 Euronext Amsterdam Netherlands

Provider

KBC Securities

We are a financial services provider for several types of professional clients, each with distinct needs.

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Analysts

Lynn Hautekeete

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Basic-Fit Feedback analyst call

We are a financial services provider for several types of professional clients, each with distinct needs.

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

Credit Morning 01/26/2026

Morning Crédit 26/01/2026

Morning Notes : LOTB BB, MELE BB, XFAB FP

Lotus Bakeries FIRST LOOK : Three Continents, One Momentum: Lotus Turns Up the Heat

Melexis In rough weather, exaggeration only deepens the valley

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