Stock Markets January 26, 2026

Basic-Fit Reaffirms 2025 Targets and Lays Out Growth Plan for 2026

European fitness chain confirms 2025 guidance and forecasts higher revenue, improved EBITDA and positive cash flow for 2026 alongside 50 net club openings

By Priya Menon
Basic-Fit Reaffirms 2025 Targets and Lays Out Growth Plan for 2026

Basic-Fit NV has reiterated its 2025 financial outlook and issued guidance for 2026. The company expects 2025 revenue of about 001.415 billion and underlying EBITDA less rent near 00344 million, both within previously stated ranges. For 2026, Basic-Fit projects revenue between 001.64 billion and 001.69 billion, underlying EBITDA less rent of 00405 million to 00445 million, positive free cash flow, and 50 net openings of owned clubs.

Key Points

  • Basic-Fit reaffirmed 2025 revenue of about 001.415 billion and underlying EBITDA less rent near 00344 million, both within prior guidance ranges.
  • The company projects 2026 revenue of 001.64001.69 billion and underlying EBITDA less rent of 0040500445 million, indicating growth versus 2025.
  • Basic-Fit expects positive free cash flow in 2026 and plans 50 net openings of owned clubs, affecting the consumer fitness sector and related commercial real estate.

Overview

Basic-Fit NV confirmed on Tuesday that it remains on track with its financial expectations for 2025 and outlined a forward-looking plan for 2026 that anticipates continued expansion in top-line sales and profit before rent. The company reiterated its earlier guidance for the current year and provided a specific revenue target and EBITDA metric for the next year.

2025 confirmation

For 2025, Basic-Fit expects revenue of approximately 001.415 billion. That figure sits inside the guidance band the company had already published, which ranged from 001.375 billion to 001.425 billion. In addition, the company affirmed its projection for underlying EBITDA less rent at around 00344 million, consistent with the previously stated interval of 00330 million to 00370 million.

Outlook for 2026

Looking ahead, Basic-Fit provided a revenue forecast for 2026 of between 001.64 billion and 001.69 billion. At the midpoint of that range the company is signaling meaningful year-over-year growth relative to the 2025 projection, with potential upside of as much as 19 percent compared with the 2025 revenue figure noted above. The company also set a target for underlying EBITDA less rent in 2026 of between 00405 million and 00445 million, which would represent an increase from the 2025 level.

Cash flow and expansion

Basic-Fit additionally stated that it expects to generate positive free cash flow in 2026. The company expects to add 50 owned Basic-Fit clubs on a net basis during the same year, a planned expansion that forms part of the company 9s operational assumptions underpinning the 2026 guidance.

Implications

The company 9s combined guidance for higher revenue, improved underlying EBITDA less rent, positive free cash flow and a specific target for net openings provides investors with a clear set of performance expectations for the coming year. The figures were presented as targets and remain subject to execution against the company 9s operating plan.


Key points

  • Basic-Fit confirmed 2025 revenue at approximately 001.415 billion and underlying EBITDA less rent around 00344 million, both inside prior guidance ranges.
  • For 2026, the company projects revenue of 001.64001.69 billion and underlying EBITDA less rent of 0040500445 million, indicating expected growth.
  • Basic-Fit expects positive free cash flow in 2026 and forecasts 50 net openings of owned clubs - details relevant to consumer fitness and commercial property sectors.

Risks and uncertainties

  • The guidance is presented as ranges, reflecting uncertainty in final outcomes - actual 2025 and 2026 results could fall anywhere within or outside these bands.
  • The 2026 targets assume successful execution of planned expansion, including 50 net openings of owned clubs - failure to deliver planned openings could affect revenue and cash flow projections.
  • Positive free cash flow is forecast for 2026 but is contingent on operational performance and capital deployment decisions that are implicit in the company 9s plan.

Conclusion

Basic-Fit has restated its 2025 outlook and issued a set of objectives for 2026 that point to higher revenue, improved underlying EBITDA less rent and an expectation of positive free cash flow alongside a quantified expansion plan. These targets provide a framework for evaluating the company 9s progress against its operational and financial goals over the next year.

Risks

  • Guidance ranges indicate outcome variability - actual results may differ from midpoint projections.
  • Achievement of 2026 targets depends on executing the planned 50 net club openings; delays or shortfalls could impact revenue and cash flow.
  • Expected positive free cash flow in 2026 is conditional on operational results and capital spending assumptions embedded in the guidance.

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