Basic-Fit N.V.

ENXTAM:BFIT Stock Report

Market Cap: €2.1b

Basic-Fit Management

Management criteria checks 4/4

Basic-Fit's CEO is René Moos, appointed in Jan 2012, has a tenure of 14.5 years. total yearly compensation is €1.36M, comprised of 53.6% salary and 46.4% bonuses, including company stock and options. directly owns 11.97% of the company’s shares, worth €253.40M. The average tenure of the management team and the board of directors is 5.7 years and 6.2 years respectively.

Key information

René Moos

Chief executive officer

€1.4m

Total compensation

CEO salary percentage53.57%
CEO tenure14.5yrs
CEO ownership12.0%
Management average tenure5.7yrs
Board average tenure6.2yrs

Recent management updates

Analysis Article Apr 30

Shareholders Will Probably Hold Off On Increasing Basic-Fit N.V.'s (AMS:BFIT) CEO Compensation For The Time Being

Key Insights Basic-Fit's Annual General Meeting to take place on 6th of May CEO René Moos' total compensation includes...

Recent updates

Narrative Update Jun 29

BFIT: Maturing Clubs And Moderated Openings Will Drive Future Upside Potential

The analyst price target for Basic-Fit has been raised from €37.25 to €40.35, as analysts point to an improved risk/reward profile driven by expectations for maturing clubs, moderated new openings, and continued exposure to the European value-for-money fitness market. Analyst Commentary Recent research on Basic-Fit highlights a mix of enthusiasm about the company’s position in the European value-for-money fitness market and some caution about execution and returns as the club base matures.
Narrative Update Jun 15

BFIT: Slower Club Openings And Maturing Footprint Will Pressure Future Returns

The updated analyst price target for Basic-Fit has moved from €23.50 to €29.50. This change reflects analysts' view that a moderating pace of new club openings, a maturing gym footprint and exposure to the European value-for-money fitness market improve the risk and reward profile for the stock.
Narrative Update Jun 01

BFIT: Value Fitness Exposure And 2026 Guidance Will Support Richer Future P/E

The analyst fair value estimate for Basic-Fit has moved from €46 to €49. This reflects updated assumptions on growth, margins and future P/E in line with recent Street research that highlights the stock's exposure to the European value-for-money fitness market and a series of higher price targets from major firms.
Narrative Update May 12

BFIT: Raised Fair Value And 2026 Outlook Will Support Bullish Stance

Analysts have lifted the Basic-Fit fair value estimate from €36.00 to €37.25, reflecting recent price target increases from Citi and Berenberg and updated assumptions on growth, margins and future P/E. Analyst Commentary Recent research highlights a mix of optimism and caution around Basic Fit, reflected in the updated fair value estimate and the range of external price targets.
Narrative Update Apr 26

BFIT: Future Expansion Plans Will Test Execution And Earnings Visibility

Basic-Fit's updated analyst price target of €23.50, up from €19.80, reflects analysts' revised assumptions for growth, profitability and valuation after recent Street research that lifted published targets to €29.50 and €46. Analyst Commentary Recent Street research has shifted the debate around Basic-Fit toward how much of the long term growth story is already reflected in current valuations.
Narrative Update Apr 10

BFIT: Higher Margin Outlook And 2026 Guidance Will Support Richer Future P/E

Analysts have raised the Basic-Fit price target by €3 to €46, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent research points to a more constructive stance on Basic-Fit, with higher price targets signaling increased confidence in the company’s valuation and execution outlook.
Narrative Update Mar 27

BFIT: Higher 2026 Revenue Guidance Will Support Upgraded Bullish Outlook

The analyst fair value estimate for Basic-Fit has moved from €26.50 to €36.00. This change reflects updated assumptions on margins and valuation multiples, as analysts lift their price targets into the €29.50 to €46 range.
Narrative Update Mar 13

BFIT: Higher Profitability Expectations Will Support A Richer Future P/E Multiple

Analysts have lifted their fair value estimate for Basic-Fit from €32.00 to €43.00, citing updated assumptions around growth, profitability and a higher P/E multiple supported by recent research, such as Citi's €8 price target increase. Analyst Commentary Bullish Takeaways Bullish analysts point to the €8 price target increase as a sign of growing confidence in Basic-Fit's ability to support a higher valuation, consistent with the uplift in the fair value estimate to €43.00.
New Narrative Mar 11

Basic-Fit: Why the Market Is Mispricing Europe’s Largest Low-Cost Gym Operator

Basic Fit Investment Thesis Investment Overview Basic Fit represents a compelling opportunity where current market pricing does not reflect the company’s medium term earnings potential. The stock currently trades at approximately 5.3 times forward EBITDA, which is close to trough valuation levels despite the fact that the business is likely to deliver a significant improvement in profitability over the next several years.
Analysis Article Jan 17

Why Basic-Fit N.V. (AMS:BFIT) Could Be Worth Watching

While Basic-Fit N.V. ( AMS:BFIT ) might not have the largest market cap around , it saw a significant share price rise...
Analysis Article Aug 21

Basic-Fit N.V. (AMS:BFIT) Doing What It Can To Lift Shares

It's not a stretch to say that Basic-Fit N.V.'s ( AMS:BFIT ) price-to-sales (or "P/S") ratio of 1.3x seems quite...
Analysis Article Jul 08

The Return Trends At Basic-Fit (AMS:BFIT) Look Promising

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Apr 30

Shareholders Will Probably Hold Off On Increasing Basic-Fit N.V.'s (AMS:BFIT) CEO Compensation For The Time Being

Key Insights Basic-Fit's Annual General Meeting to take place on 6th of May CEO René Moos' total compensation includes...
Analysis Article Apr 11

Positive Sentiment Still Eludes Basic-Fit N.V. (AMS:BFIT) Following 26% Share Price Slump

Basic-Fit N.V. ( AMS:BFIT ) shareholders that were waiting for something to happen have been dealt a blow with a 26...
User avatar
New Narrative Feb 23

Expanding Club Network Will Reach 1,575 Locations By Year-End

Rapid club network expansion and strong membership growth, particularly in Spain, drive revenue growth and strengthen Basic-Fit's top line.
Analysis Article Feb 03

Investors Will Want Basic-Fit's (AMS:BFIT) Growth In ROCE To Persist

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Dec 26

Basic-Fit N.V. (AMS:BFIT) Might Not Be As Mispriced As It Looks

It's not a stretch to say that Basic-Fit N.V.'s ( AMS:BFIT ) price-to-sales (or "P/S") ratio of 1.3x right now seems...
Analysis Article Aug 04

We Think You Can Look Beyond Basic-Fit's (AMS:BFIT) Lackluster Earnings

The market was pleased with the recent earnings report from Basic-Fit N.V. ( AMS:BFIT ), despite the profit numbers...
Analysis Article Apr 16

We Think Basic-Fit (AMS:BFIT) Is Taking Some Risk With Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 16

Here's What To Make Of Basic-Fit's (AMS:BFIT) Decelerating Rates Of Return

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Dec 01

Basic-Fit (AMS:BFIT) May Have Issues Allocating Its Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Analysis Article Sep 27

Does Basic-Fit (AMS:BFIT) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 15

Basic-Fit (AMS:BFIT) Could Be Struggling To Allocate Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jun 11

We Think Basic-Fit (AMS:BFIT) Is Taking Some Risk With Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 14

Is It Too Late To Consider Buying Basic-Fit N.V. (AMS:BFIT)?

Basic-Fit N.V. ( AMS:BFIT ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Analysis Article Apr 29

Estimating The Intrinsic Value Of Basic-Fit N.V. (AMS:BFIT)

Key Insights The projected fair value for Basic-Fit is €37.40 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Apr 14

Basic-Fit (AMS:BFIT) Might Be Having Difficulty Using Its Capital Effectively

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
Analysis Article Sep 13

Is Basic-Fit (AMS:BFIT) Weighed On By Its Debt Load?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 13

Is Basic-Fit (AMS:BFIT) Using Debt In A Risky Way?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 25

An Intrinsic Calculation For Basic-Fit N.V. (AMS:BFIT) Suggests It's 35% Undervalued

In this article we are going to estimate the intrinsic value of Basic-Fit N.V. ( AMS:BFIT ) by projecting its future...
Analysis Article Dec 06

Does Basic-Fit (AMS:BFIT) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 01

Should You Investigate Basic-Fit N.V. (AMS:BFIT) At €42.84?

Basic-Fit N.V. ( AMS:BFIT ), is not the largest company out there, but it saw a double-digit share price rise of over...
Analysis Article Sep 06

Here's Why Basic-Fit (AMS:BFIT) Can Afford Some Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Aug 16

A Look At The Intrinsic Value Of Basic-Fit N.V. (AMS:BFIT)

Does the August share price for Basic-Fit N.V. ( AMS:BFIT ) reflect what it's really worth? Today, we will estimate the...
Analysis Article Jul 26

Basic-Fit N.V. (AMS:BFIT) Analysts Just Trimmed Their Revenue Forecasts By 11%

Market forces rained on the parade of Basic-Fit N.V. ( AMS:BFIT ) shareholders today, when the analysts downgraded...
Analysis Article Apr 25

Basic-Fit N.V. (AMS:BFIT) Analysts Are More Bearish Than They Used To Be

The latest analyst coverage could presage a bad day for Basic-Fit N.V. ( AMS:BFIT ), with the analysts making...
Analysis Article Apr 19

Basic-Fit (AMS:BFIT) Has Debt But No Earnings; Should You Worry?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Feb 26

Does Basic-Fit's (AMS:BFIT) Share Price Gain of 64% Match Its Business Performance?

By buying an index fund, investors can approximate the average market return. But if you buy good businesses at...

CEO Compensation Analysis

How has René Moos's remuneration changed compared to Basic-Fit's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025€1m€729k

€15m

Sep 30 2025n/an/a

€5m

Jun 30 2025n/an/a

-€4m

Mar 31 2025n/an/a

€2m

Dec 31 2024€2m€729k

€8m

Sep 30 2024n/an/a

€8m

Jun 30 2024n/an/a

€8m

Mar 31 2024n/an/a

€2m

Dec 31 2023€2m€729k

-€3m

Sep 30 2023n/an/a

€8m

Jun 30 2023n/an/a

€18m

Mar 31 2023n/an/a

€7m

Dec 31 2022€1m€729k

-€4m

Sep 30 2022n/an/a

-€28m

Jun 30 2022n/an/a

-€52m

Mar 31 2022n/an/a

-€101m

Dec 31 2021€936k€729k

-€150m

Sep 30 2021n/an/a

-€174m

Jun 30 2021n/an/a

-€199m

Mar 31 2021n/an/a

-€162m

Dec 31 2020€837k€638k

-€125m

Sep 30 2020n/an/a

-€83m

Jun 30 2020n/an/a

-€42m

Mar 31 2020n/an/a

-€15m

Dec 31 2019€2m€711k

€11m

Compensation vs Market: René's total compensation ($USD1.56M) is about average for companies of similar size in the Dutch market ($USD2.19M).

Compensation vs Earnings: René's compensation has been consistent with company performance over the past year.


CEO

René Moos (63 yo)

14.5yrs
Tenure
€1,361,049
Compensation

Mr. René M. Moos has been the Chief Executive Officer at Basic-Fit N.V. and Basic Fit Nederland B.V., since 2013. He is Founder of Basic-Fit N.V. Mr. Moos serves as Chairman of the Management Board at Basi...


Leadership Team

NamePositionTenureCompensationOwnership
René Moos
Founder14.5yrs€1.36m11.97%
€ 250.8m
Maurice de Kleer
CFO & Member of Management Board1.5yrs€1.19m0.00031%
€ 6.5k
Redouane Zekkri
Chief Operating Officer6.8yrsno datano data
Richard Piekaar
Director of Treasuryno datano datano data
Erica Van Vonderen - Hahn
Chief Commercial Officer4.7yrsno datano data
5.7yrs
Average Tenure
55yo
Average Age

Experienced Management: BFIT's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Carin Gorter
Independent Vice-Chairman of the Supervisory Board10.1yrs€75.00kno data
J. C. Willemse
Member of the Supervisory Board10.5yrs€69.50k0.062%
€ 1.3m
Rob Van Der Heijden
Independent Member of Supervisory Board9.2yrs€69.50kno data
Joelle Frijters
Independent Member of the Supervisory Board3.3yrs€61.53kno data
Jan Nieuwenhuizen
Independent Chairman of Supervisory Board3.3yrs€80.00kno data
Rob Schilder
Member of Supervisory Board1.2yrs€35.63kno data
6.2yrs
Average Tenure
59.5yo
Average Age

Experienced Board: BFIT's board of directors are considered experienced (6.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 21:40
End of Day Share Price 2026/07/09 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Basic-Fit N.V. is covered by 16 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Anna FrontaniBerenberg
Jack CummingsBerenberg
Flavien BaudemontBernstein