Turnover: 795 million EUR (2022)

Country: France

  • Basic-Fit is one of the largest networks of gyms in France, with a European presence in more than 5 countries, offering a wide range of services: different training zones (autonomous), group classes, virtual coach, app, personalized training, osteopathy....

september 28, 2020 - Basic Fit suffers Covid crisis - source(7 sur 7)

  • the chain has temporarily closed 148 centers
  • number of gyms in France: 445
  • number of visitors to its gyms: 11 million

News

How Basic-Fit, Europe's leading fitness company, made its mark in France 25/01/2024

  • The Dutch king of low-cost fitness has opened 800 clubs in France since 2014. It is aiming for 1,200 by 2030.
  • 1400 clubs in six countries, 60% of them in France.
  • Listed on the stock exchange, Basic-Fit expects to exceed sales of one billion euros in 2024, after completing more than 200 openings in the year.
  • The sector (5,000 gyms in France) ended 2023 on a record high, with sales of over 2 billion euros (+5% on 2019)
  • Thanks to 5 million subscribers (+1.5%). Basic-Fit is in first place, ahead of Keepcool-Neoness, Fitness Park and L'Orange Bleue.
  • These players control half the sector, according to Union Sport & Cycle, the industry's professional organization.

Basic Fit: Rapid rise of the gym leader 23/01/2024

  • Basic-Fit has opened its 800th French establishment on the Champs Elysées.
  • Basic-Fit has been present on the French market for 10 years.
  • The gym chain has almost 2 million members.
  • In France, only 9% of people work out indoors, compared with over 20% in the United States.
  • Basic-Fit gyms are typically 1,500 m² in size, with seven large training areas.
  • The group has set up 90 new clubs in 2020, and 81 in 2021.
  • With 135 new units in 2023, Basic-Fit has opened the most stores in France, even ahead of Action supermarkets.
  • The gym chain plans to open around 100 new clubs in 2024, to reach 1,200 clubs across France by 2030.
  • Basic-Fit first targeted towns with populations of over 30,000, and now those with less than 30,000, where over 38 million French people live.

Basic-Fit gradually regains its cruising speed | Basic-Fit regains its cruising speed 01/08/2022

  • Basic-Fit has gained 900,000 subscribers in one year and should have 3.5 million by the end of the year.
  • The fitness chain made its first profit in June since the start of the pandemic.
  • The number of Basic-Fit subscribers rose from 2 million in the first half of 2021 to 2.9 million in the first half of 2022.
  • Revenues rose from 53 million to 355 million euros in one year.
  • In Belgium, sales reached 71.8 million euros.
  • Belgium is Basic-Fit's 3rd largest market behind France (177.5 million euros) and the Netherlands (83.9 million).
  • The chain currently has 213 clubs in Belgium, with plans to expand to 300.
  • the total number of clubs is 1,122, an increase of 149 units.
  • The company aims to have 2,000 gyms by 2025, notably by expanding into the German market.

Financial Data

DUNS: 798233011

Legal Name: BASIC-FIT FRANCE

Address: 40 RUE DE LA VAGUE 4EME ETAGE HALL C, 59491 VILLENEUVE D ASCQ

Number of employees: Entre 2 000 et 4 999 salariés (2021)

Capital: 399 200 000 EUR


Financial Data:

Year 2022 2021 2020 2019 2018 2017 2016 2015 2014
Turnover 396 898 946 154 003 438 155 957 302 203 441 849 124 694 223 68 385 729 27 314 288 11 282 783 -
Gross margin (€) 396 479 822 157 012 202 153 909 494 201 632 064 124 929 799 68 749 896 27 215 130 11 430 830 -
EBITDA (€) 98 200 258 27 140 915 69 796 128 47 902 329 29 586 841 9 992 752 550 462 -903 437 -
Operating profit (€) 12 181 049 -41 308 542 5 844 690 6 070 967 3 942 047 -5 487 057 -5 555 845 -2 874 287 -
Net profit (€) 6 745 363 -43 157 350 1 660 700 2 473 093 2 133 621 -7 581 314 -7 394 965 -3 306 475 -
Turnover growth rate (%) 157,7 -1,3 -23,3 63,2 82,3 150,4 142,1 - -
Ebitda margin rate (%) 24,7 17,6 44,8 23,5 23,7 14,6 2 -8 -
Operating margin rate (%) 3,1 -26,8 3,7 3 3,2 -8 -20,3 -25,5 -
Working Capital (turnover days) -72,7 -141 -1,2 -129,6 -152,7 -157,6 -323,5 -332,2 -
Working Capital requirements (turnover days) -57,3 -208,9 -47,7 -26,9 -69,1 -68,7 -49,2 -345,5 -
Net margin (%) 1,7 -28 1,1 1,2 1,7 -11,1 -27,1 -29,3 -
Added value / Turnover (%) 39,8 2,1 9,3 44,6 46,6 39,4 27,2 18,4 -
Wages and social charges (€) 61 268 521 31 792 130 26 933 426 27 092 150 17 786 046 11 803 006 5 442 175 2 318 272 -
Salaries / Turnover (%) 15,4 20,6 17,3 13,3 14,3 17,3 19,9 20,5 -

Studies mentioning this company

The sports coaching market - France

Other companies mentioned:

  • TrainMe
  • ABC Coach Sportif
  • FizzUpp Fysiki
  • Les Cercles de la Forme
  • Freeletics
  • Neoness (Group3S)
  • L’Usine
  • BODYTIME
  • Tibo Inshape - D2AM
  • Basic-Fit
  • Urban Sports Club
  • Domicil'gym
  • Pro Trainer
  • Wecasa
  • Coach Hunter
  • OwnSport
  • Just Coaching
The Fitness Market - France

Other companies mentioned:

  • Neoness (Group3S)
  • Vita Liberté
  • KeepCool
  • L’Orange Bleue
  • Club Movin
  • Basic-Fit
  • CMG Sports Club (Club Med Gym)
  • Curves
  • MMA Factory
  • UFC GYM
  • L'Appart Fitness
  • N4 Brands Fitness Boutique
  • Zumba Fitness France
  • Fitness Park Group
  • GigaFit
  • Elancia
  • BodyHit
  • Iron Bodyfit
  • Miha Bodytec
  • On Air Fitness (Keep Cool groupe)
  • Resofit Les Clubs
  • Wake Up Form
  • Wefit club
  • Planet Fitness Equipements
  • Magic Form (Groupe Mateus)
  • Liberty Gym
  • Vert Marine
  • Les Cercles de la Forme
  • Pro Trainer
  • MyoTec
The fitness market - Belgium

Other companies mentioned:

  • Basic-Fit
  • Fitnastic
  • i-fitness
  • Fitness Paradise
  • Curves Bruxelles
  • Keepcool

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