Annual report
2018

Clubs

UP 21%
year-on-year

million

Memberships

UP 21%
year-on-year

million

Revenue

UP 23%
year-on-year

€124 million

Adjusted EBITDA

UP 24%
year-on-year

30.9

Adjusted EBITDA margin

+6 bps
 

€29.4 million

Adjusted earnings

UP 24%
year-on-year
Basic-Fit at a glance

Message from the CEO

We had a very successful year in which revenue and adjusted EBITDA increased by 23% and 24% respectively, which is a continuation of the strong growth in the previous years. We added a record 108 clubs to our network growing it to 629 clubs. This growth solidifies our position as the largest and fastest-growing fitness chain in Europe.

“We are making fitness available to everyone across Europe.”
We believe that everyone deserves to be fit and our aim is to make fitness available to everyone right across Europe. We expect to open around 125 clubs next year and surpass the 1,000 clubs mark in 2021. At Basic-Fit, we do not think low-cost should mean low value. In fact, just the opposite. We aim to give our members unbeatable value, every single day. To achieve this, we innovate continuously. The coming years we will continue to shape the European fitness landscape and work towards a future in which everyone can enjoy the benefits that fitness has to offer.

Basic-Fit at a glance

With 629 clubs, Basic-Fit is the leader in the European fitness market. In our clubs, more than 1.8 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 and that’s why we’re on a mission to make fitness accessible to everyone in Europe.

Read more

Management Board Report

In 2018, we increased our network by a record 108 clubs to a total of 629 clubs.

Shareholder Information

The 2018 closing price for the share was €25.95, a 29% increase compared to the €20.11 closing price of 2017.

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.