Annual report
2019

Clubs

UP 25%
year-on-year

million

Memberships

UP 21%
year-on-year

million

Revenue

UP 28%
year-on-year

€155 million

Adjusted EBITDA

UP 25%
year-on-year

30.1

Adjusted EBITDA margin

-77 bps
 

€32.8 million

Adjusted earnings

UP 20%
year-on-year
Basic-Fit at a glance

Message from the CEO

2019 was again a very successful year for Basic-Fit, as revenue, adjusted EBITDA and adjusted earnings all increased by 20% or more. Our network increased by a record number of 155 clubs to 784 clubs, with 125 of these new openings. Meanwhile, our membership base increased by 378,000 to 2.2 million. Thanks to these results, we reinforced our position as the largest and fastest-growing fitness chain in Europe.

“At Basic-Fit we believe that everyone deserves to be fit and feel great. We aim to achieve that by making fitness accessible to as many people as possible. Opening clubs close to where people live or work is one of the ways we aim to achieve this. In November, we announced a next step in the acceleration of the pace of club openings to around 150 clubs a year for the coming three years; 25 more than the prior target. For 2020 we are well under way to reach that target with 40 club openings in the first two months of the year.”

Basic-Fit at a glance

With 784 clubs, Basic-Fit is the leader in the European fitness market. In our clubs, more than 2.2 million members can work on improving their health and fitness.

Read more

History

The group finds its origins in 1984, when René Moos started to lay the foundation of the leading fitness chain that Basic-Fit is today.

Read more

Mission

We believe that everyone deserves to be fit & feel great and that’s why we are on a mission to make fitness accessible to everyone.

Read more

Management Board Report

2019 was again a very good year in which we delivered on our growth plans by adding a record 155 clubs to our network.

Shareholder Information

The 2019 closing price for the share was €33.85, a 30% increase compared to the €25.95 closing price of 2018.

International presence

Basic-Fit is the European market leader in value-for-money fitness. We are active in five countries and operate in some of Europe's most attractive markets. You can find Basic-Fit clubs in the Netherlands, Belgium, Luxembourg, France and Spain.