LBACMH

Equity below half of capital

Continuation de la société malgré un actif net devenu inférieur à la moitié du capital social. Décision du 01/07/2019 2020-06-09

The shareholders resolved to continue trading rather than dissolve (C. com. L.223-42 / L.225-248). A declaration, not a procedure — but it says the company had already lost more than half its capital when it was made.

Legal identity — INPI RNE, as at 4 March 2026

Registered name: LBACMH
Form: SAS
SIREN: 808865372 · SIRET 80886537200029
Capital: €33,000
Registered: 2015-01-15 · 1 establishment open
Président: Audrey COSTES
Directeur général: Laurent BLANCHON

Filed position — INPI keyed accounts

Years filed: 2 — 2020 to 2021
Revenue 2021: €39,216 · EBITDA €-6,656 -17%
Equity: €-174,824 — negative: liabilities exceed assets
Financial debt: €103,953 · cash €1,172
Confidentiality: never invoked

Filed accounts — every year on file

Company figures, not the club’s. EBITDA from the filed income statement, rent inside external charges; red marks negative equity or a loss.

Year	Revenue	EBITDA	margin	Operating	Net	Equity	Fin. debt	Cash	Staff cost	Ext. charges	FTE
2021	€39,216	€-6,656	-17%	€-15,729	€-13,985	€-174,824	€103,953	€1,172	€11,139	€58,601	—
2020 simpl.	€54,908	€-11,095	-20%	€-21,403	€-22,160	€-160,839	€29,178	€485	€3,073	€69,089	—

Registry notices — 2 on file at the greffe, newest first

2020-06-09 Continuation de la société malgré un actif net devenu inférieur à la moitié du capital social. Décision du 01/07/2019

2016-06-30 Décision de non dissolution de la société, après constat que ses capitaux propres sont devenus inférieurs à la moitié… Décision de non dissolution de la société, après constat que ses capitaux propres sont devenus inférieurs à la moitié du capital social à compter du 30/06/2016

The greffe's wording, unedited. Insolvency notices are marked red, equity and security notices amber, ordinary filings grey.

Strengths & weaknesses — by weighted effect

▲ Saturation 86 — 7 clubs / 49,318 residents = 14.19 per 100k against 11.01 nationally

▲ Capture 74 — 2,259 residents + 621 workers, demand within 500 m against every competitor within 3 km

▲ Catchment 65 — 2,850 aged 18-64 + 1,969 workers = 4,819 over 0.79 km2 = 6,136/km2

▼ Income 0 — 13,735 EUR against 22,380 nationally, median of 2 IRIS within 500 m

▼ Competition 48 — 7 genuine gym floors and 3 other sports sites within 2 km, weighted by substitutability and price tier

How the score was reached — seven parameters, five measured separately at 500 m and 2 km

Parameter	Where	Measured	Score	How it was arrived at
Catchment 65 weight 20%	500 m	4,819 people	68	2,850 aged 18-64 + 1,969 workers = 4,819 over 0.79 km2 = 6,136/km2
Catchment 65 weight 20%	2 km	46,556 people	63	27,262 aged 18-64 + 19,294 workers = 46,556 over 12.57 km2 = 3,705/km2
Competition 48 weight 15%	500 m	1.00 wt	58	1 genuine gym floor and 0 other sports sites within 500 m, weighted by substitutability and price tier
Competition 48 weight 15%	2 km	7.41 wt	41	7 genuine gym floors and 3 other sports sites within 2 km, weighted by substitutability and price tier
Capture 74 weight 20%	500 m	2,880 people	78	2,259 residents + 621 workers, demand within 500 m against every competitor within 3 km
Capture 74 weight 20%	2 km	8,458 people	72	6,523 residents + 1,935 workers, demand within 2 km against every competitor within 3 km
Saturation 86 weight 15%	500 m	not measured	—	catchment of 5,334 residents is below the 10,000 needed for a density measure to mean anything — one club would move it by 1.7 LQ
Saturation 86 weight 15%	2 km	LQ 1.29	86	7 clubs / 49,318 residents = 14.19 per 100k against 11.01 nationally
Fit — weight 10%	unit	not measured	—	no floor area recorded for this unit
Rental — weight 10%	unit	not measured	—	no rent or no floor area recorded
Income 0 weight 10%	500 m	0.61×	0	13,735 EUR against 22,380 nationally, median of 2 IRIS within 500 m
Income 0 weight 10%	2 km	0.79×	0	17,690 EUR against 22,380 nationally, median of 18 IRIS within 2 km

Each parameter scores 0–100 on a stated line between named breakpoints, then the seven combine on their weights — renormalised over whatever was measurable, so a missing parameter dilutes nothing rather than counting as zero.

Competitive field — every active gym and other sports site within 3 km

Band	Gym floors	Other sports	MCI weight
within 500 m	1	0	1.00
500 m – 1 km	3	0	3.00
1 – 2 km	3	4	3.51
2 – 3 km	1	0	0.40
Within 3 km	8	4	7.9 total

Each site is discounted by how substitutable its activity is for a gym and how far its price tier sits from a mid-market club — so 8 gym floors and 4 other sports sites weigh 7.9, not 12.

Competition since opening — gyms within 1 km, by the year they opened

4 when it opened, 2018-10-16 → 6 today, 2 arrived since

2024+1

2026+1

4 rival(s) within 1 km when this club opened, 6 now. The forecast uses the founding count: it measured better than averaging the field over the club's life (LOOCV 0.091 vs 0.106). 1 nearby site(s) have no usable opening date and are not in either count.

Access — straight-line distance, GTFS

Nearest tram: Les Sources — 215 m
Nearest bus: Les Sources — 179 m
Counted footfall: Avignon Centre — 1910 m, 3,339,139 travellers a year (SNCF)

Straight-line, not travel time: no free routing service covers France at this volume, so a stop 300 m away across a railway line reads the same as one 300 m along the street.

Catchment — INSEE 200 m population grid, Filosofi 2021

Ring	Residents	Per km²	Median age	Adults 18–64	Share of residents
0.5 km	5,334	6,791	38.3	2,850	53%
1.0 km	15,042	4,788	39.1	8,019	53%
2.0 km	49,318	3,925	40	27,262	55%
3.0 km	76,996	2,723	40.5	43,591	57%

Adults 18–64 is the span members come from. A median age alone does not separate a student quarter from a family suburb, and those are not the same market.

Household income — INSEE Filosofi 2021

Median: €14,270 a year, per consumption unit
Poorest tenth: below €8,300
Richest tenth: above €26,470
Spread: ×3.2 between them · Gini 0.26
Poverty rate: 47.0% of households below 60% of the national median

Published at iris level (IRIS 840070127). An IRIS is a neighbourhood of roughly 2,000 people; a commune can be a whole town. The level travels with the figure, so a town's median is never read as this street's.

Legal filings — BODACC, the official French business gazette

2026-02-02: Dépôts des comptes (Avis initial)
2025-05-16: Radiations (Avis initial)
2024-11-22: Dépôts des comptes (Avis initial)
2023-11-03: Dépôts des comptes (Avis initial)
2023-02-26: Modifications diverses (Avis initial)
2022-09-22: Dépôts des comptes (Avis initial)
2022-06-21: Dépôts des comptes (Avis initial)
2022-06-10: Dépôts des comptes (Avis initial)
2021-04-09: Dépôts des comptes (Avis initial)
2019-03-13: Modifications diverses (Avis initial)
2019-03-13: Dépôts des comptes (Avis initial)
2019-03-13: Dépôts des comptes (Avis initial)

Newest first. Accounts filed on time are the ordinary case; an insolvency, a receivership or a pledge over the business would appear here too, and none does unless it is listed above.

What this is. The Location Score is model output, computed from open data; it is not a measured fact and not a valuation. Registry facts — name, SIRET, NAF, address, opening date, officers, filed revenue — come from INSEE Sirene and the Ministère des Sports facility census. Population, age profile and income are INSEE (Filosofi 2021, 200 m grid and IRIS). Competitors are the active, genuinely-operating gym floors in this database. Distances are straight-line, not travel time.
Location Score model 3.1.0, computed 2026-10-17.
Generated 18 October 2026, 10:26 UTC · siret:80886537200029
Sources : INSEE, Sirene (www.insee.fr), données mises à jour le 2026-10-18 · INPI, Registre national des entreprises (stock du 2026-03-04, API au 2026-10-18) · Ministère des Sports, Data ES (2026-10-17) · INSEE, Filosofi 2021 (carreaux 200 m, IRIS) et BPE 2025 · IGN, Contours IRIS 2026 · OpenStreetMap contributors (ODbL). Licence Ouverte / Etalab 2.0 sauf mention contraire.

The site

Within 3 km — gym floors filled, other sports hollow

Legal identity — INPI RNE, as at 4 March 2026

Filed position — INPI keyed accounts

Filed accounts — every year on file

Registry notices — 2 on file at the greffe, newest first

Strengths & weaknesses — by weighted effect

How the score was reached — seven parameters, five measured separately at 500 m and 2 km

Competitive field — every active gym and other sports site within 3 km

Gym floors, within 500 m — 1

Gym floors, 500 m – 1 km — 3

Gym floors, 1 – 2 km — 3

Gym floors, 2 – 3 km — 1

Other sports sites — 4 within 3 km, discounted by activity

Competition since opening — gyms within 1 km, by the year they opened

Access — straight-line distance, GTFS

Catchment — INSEE 200 m population grid, Filosofi 2021

Age profile — residents within 2 km

Household income — INSEE Filosofi 2021

The establishment — INSEE Sirene

Legal filings — BODACC, the official French business gazette