BCYCL
ActiveSummary
The computed 12-month bankruptcy probability of BCYCL is 3.4% (moderate). The 2025 annual accounts show negative equity (-€32,089) and a net result of -€38,774. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 924 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-32
Growth36▼-32
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.66 against 1.0 in 2024; short-term debt: 141.9% and cash: 3.9% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-50.9%
Return on assets
-61.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€32,089
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
55 d late
2024
1 d early
2023
121 d late
2022
71 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€50,152▼ 52.5%
2024 · €105,677
EBIT margin
-76.9%▼ 41.5pp
2024 · -35.4%
Net result
-€38,774▼ 20.2%
2024 · -€32,257
Working capital
-€30,588
2024 · €408
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€45,512-€176,151▲ 287%€163,540▼ 7.2%€105,677▼ 35.4%€50,152▼ 52.5%
Operating result-€8,896-€24,717€22,085▼ 10.6%-€37,383-€38,578▼ 3.2%
Net result-€8,902below the sector's middle half-€20,624within the sector's middle half€16,220within the sector's middle half▼ 21.4%-€32,257below the sector's middle half-€38,774below the sector's middle half▼ 20.2%
EBIT margin-19.5%-14.0%▲ 33.6pp13.5%▼ 0.5pp-35.4%▼ 48.9pp-76.9%▼ 41.5pp
Equity€2,098below the sector's middle half-€22,722within the sector's middle half▲ 983%€38,942within the sector's middle half▲ 71.4%€6,685within the sector's middle half▼ 82.8%-€32,089below the sector's middle half
Total assets€37,150below the sector's middle half-€66,895below the sector's middle half▲ 80.1%€119,548within the sector's middle half▲ 78.7%€93,021within the sector's middle half▼ 22.2%€62,982below the sector's middle half▼ 32.3%
Debt€35,052-€44,173▲ 26.0%€80,606▲ 82.5%€86,336▲ 7.1%€95,071▲ 10.1%
Working capital-€2,664-€17,438€29,060▲ 66.6%€408▼ 98.6%-€30,588
Solvency5.6%within the sector's middle half-34.0%within the sector's middle half▲ 28.3pp32.6%within the sector's middle half▼ 1.4pp7.2%within the sector's middle half▼ 25.4pp-50.9%below the sector's middle half▼ 58.1pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €38,578 in 2025 against €37,383 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62,982
Fixed assets
€4,201 ▼ 33.1%
Current assets
€58,781 ▼ 32.2%
Key figures and ratios
EBITDA
-€34,725▼
2024 · -€33,366
Cash flow
-€34,921▼
2024 · -€28,240
Current ratio
0.66▼
2024 · 1.00
Quick ratio
0.03▼
2024 · 0.03
Debt to equity
-2.96▼
2024 · 12.91
ROA
-61.6%▼
2024 · -34.7%
Interest coverage
-175.38▼
2024 · -113.88
Debt ≤ 1 year
€89,369▲
2024 · €86,336
Staff costs
€9,635▼
2024 · €15,306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.2%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,035 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €45,512 | €176,151 | €163,540 | €105,677 | €50,152 | ▼ 52.5% |
| Non-recurring operating income76A | - | - | €2,638 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €54,318 | €150,222 | €129,895 | €123,373 | €75,038 | ▼ 39.2% |
| Remuneration, social security and pensions62 | - | - | €8,312 | €15,306 | €9,635 | ▼ 37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €90 | €1,117 | €3,093 | €4,017 | €3,853 | ▼ 4.1% |
| Other operating charges640/8 | - | €95 | €155 | €364 | €204 | ▼ 44.0% |
| Gross operating margin9900 | -€8,806 | €25,929 | €33,645 | -€17,696 | -€24,886 | ▼ 40.6% |
| Operating profit (loss)9901 | -€8,896 | €24,717 | €22,085 | -€37,383 | -€38,578 | ▼ 3.2% |
| Financial income75/76B | - | - | - | - | €2 | - |
| Recurring financial income75 | - | - | - | - | €2 | - |
| Financial charges65/66B | €6 | €93 | €515 | €293 | €198 | ▼ 32.4% |
| Recurring financial charges65 | €6 | €93 | €515 | €293 | €198 | ▼ 32.4% |
| Profit (loss) for the period before taxes9903 | -€8,902 | €24,624 | €21,570 | -€37,676 | -€38,774 | ▼ 2.9% |
| Income taxes67/77 | - | €4,000 | €5,350 | -€5,419 | - | - |
| Profit (loss) for the period9904 | -€8,902 | €20,624 | €16,220 | -€32,257 | -€38,774 | ▼ 20.2% |
| Profit (loss) for the period to be appropriated9905 | -€8,902 | €20,624 | €16,220 | -€32,257 | -€38,774 | ▼ 20.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,150 | €66,895 | €119,548 | €93,021 | €62,982 | ▼ 32.3% |
| Fixed assets21/28 | €4,762 | €5,284 | €9,882 | €6,277 | €4,201 | ▼ 33.1% |
| Tangible fixed assets22/27 | €4,762 | €5,284 | €9,882 | €6,277 | €4,201 | ▼ 33.1% |
| Furniture and vehicles24 | €4,762 | €5,284 | €9,882 | €6,277 | €4,201 | ▼ 33.1% |
| Current assets29/58 | €32,388 | €61,611 | €109,666 | €86,744 | €58,781 | ▼ 32.2% |
| Stocks and contracts in progress3 | €22,995 | €54,844 | €100,795 | €83,740 | €56,325 | ▼ 32.7% |
| Stocks30/36 | €22,995 | €54,844 | €100,795 | €83,740 | €56,325 | ▼ 32.7% |
| Amounts receivable within one year40/41 | €1,532 | €3,697 | €5,118 | €245 | - | - |
| Trade receivables40 | €1,532 | €3,697 | - | - | - | - |
| Other amounts receivable41 | - | - | €5,118 | €245 | - | - |
| Cash at bank and in hand54/58 | €7,861 | €3,070 | €3,753 | €2,515 | €2,456 | ▼ 2.3% |
| Deferred charges and accrued income490/1 | - | - | - | €244 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,150 | €66,895 | €119,548 | €93,021 | €62,982 | ▼ 32.3% |
| Equity10/15 | €2,098 | €22,722 | €38,942 | €6,685 | -€32,089 | ▼ 580% |
| Contributions10/11 | €11,000 | €11,000 | €11,000 | €11,000 | €11,000 | = |
| Capital10 | €11,000 | €11,000 | €11,000 | €11,000 | €11,000 | = |
| Issued capital100 | €11,000 | €11,000 | €11,000 | €11,000 | €11,000 | = |
| Profit (loss) carried forward14 | -€8,902 | €11,722 | €27,942 | -€4,315 | -€43,089 | ▼ 899% |
| Amounts payable17/49 | €35,052 | €44,173 | €80,606 | €86,336 | €95,071 | ▲ 10.1% |
| Amounts payable within one year42/48 | €35,052 | €44,173 | €80,606 | €86,336 | €89,369 | ▲ 3.5% |
| Trade debts44 | €3,535 | €2,880 | €4,946 | €1,385 | €2,474 | ▲ 78.6% |
| Suppliers440/4 | €3,535 | €2,880 | €4,946 | €1,385 | €2,474 | ▲ 78.6% |
| Taxes, remuneration and social security45 | €1,517 | €8,293 | €9,349 | - | €3,392 | - |
| Taxes450/3 | €1,517 | €8,293 | €9,349 | - | €3,392 | - |
| Other amounts payable47/48 | €30,000 | €33,000 | €66,311 | €84,951 | €83,503 | ▼ 1.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €5,702 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,902 | €20,624 | €16,220 | -€32,257 | -€38,774 | ▼ 20.2% |
| + Depreciation and write-downs630 | €90 | €1,117 | €3,093 | €4,017 | €3,853 | ▼ 4.1% |
| Operating cash flow (approximation) | -€8,812 | €21,741 | €19,313 | -€28,240 | -€34,921 | ▼ 23.7% |
| Investment in fixed assets (approximation) | - | -€1,639 | -€7,691 | -€412 | -€1,777 | ▼ 331% |
| Change in cash | - | -€4,791 | €683 | -€1,238 | -€59 | ▲ 95.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 55 days late
2025
31-12
Financial
Weakest financial yearnet -€38,774
Net result drops to -€38,774, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Back to profitnet €20,624
Net result €20,624 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Huy · 1 establishment unit since 2021
Ground area
1,516 m²
Building footprint
66 m²
Volume, LiDAR
447 m³
Parcel 61061D0070/00L002, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BCYCL
since 20212.319.799.936
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61061D0070/00L002 | Wallonia | 1,516 m² | 1 · 66 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 976 companies in sector 77210 we hold annual accounts for 217. 101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
47632Retail sale of bicycles
77210Renting and leasing of sports and recreation goods
95316Washing and cleaning of motor vehicles
47820Retail sale of motor vehicle parts and accessories
46425Wholesale trade
46495Wholesale trade
46720Wholesale of motor vehicle parts and accessories
82990Other business support services
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0770419332
Also
9925:BE0770419332
Registered
04-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.