Belgian Cycling Club
ActiveBelgian Cycling Club has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21k and a net result of €-92k. Equity is shrinking by ~25.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 19% of 2924 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency1▼-4
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.05 in 2023), and 98.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
1.3%
Return on assets
-5.8%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€92k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2924 sector peers (2024).
NBB · sector comparisonPosition among 2924 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
91 d late
2022
59 d late
2021
109 d late
2020
47 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€21k▼ 81.3%
2023 · €113k
2018: €365k
2019: €349k
2020: €301k
2021: €232k
2022: €175k
2023: €113k
2018 → 2024
Total assets
€1.58M▼ 1.4%
2023 · €1.61M
2018: €1.53M
2019: €1.60M
2020: €1.61M
2021: €1.62M
2022: €1.63M
2023: €1.61M
2018 → 2024
Net result
€-92k▼ 47.4%
2023 · €-62k
2018: €-83k
2019: €-16k
2020: €-48k
2021: €-69k
2022: €-57k
2023: €-62k
2018 → 2024
Working capital
€-740k▼ 51.8%
2023 · €-488k
2018: €-163k
2019: €-246k
2020: €-298k
2021: €-325k
2022: €-429k
2023: €-488k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€301k-€232k▼ 22.8%€175k▼ 24.6%€113k▼ 35.5%€21k▼ 81.3%
Operating result€-19k-€-36k▼ 84.7%€-23k▲ 36.3%€-35k▼ 52.9%€-45k▼ 29.6%
Net result€-48k-€-69k▼ 44.6%€-57k▲ 16.9%€-62k▼ 9.0%€-92k▼ 47.4%
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 €45k in 2024 against €35k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.58M
Fixed assets
€1.56M▼ 0.6%
Current assets
€14k▼ 46.6%
Equity and liabilities €1.58M
Equity
€21k▼ 81.3%
Debt
€1.56M▲ 4.7%
The debt ratio rises from 93.0% to 98.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-35k▼
2023 · €-24k
Cash flow
€-82k▼
2023 · €-52k
Solvency
1.3%▼
2023 · 7.0%
Current ratio
0.02▼
2023 · 0.05
Quick ratio
0.02▲
2023 · 0.01
Debt / equity
73.98▲
2023 · 13.21
ROE
-434.9%▼
2023 · -55.1%
ROA
-5.8%▼
2023 · -3.9%
Interest coverage
-0.75▲
2023 · -0.88
Debt
€1.56M▲
2023 · €1.49M
Debt ≤ 1 year
€754k▲
2023 · €513k
Debt > 1 year
€809k▼
2023 · €971k
Income taxes
€0
Staff costs
€-111▼
2023 · €63k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.61M€1.58M▼
Formation expenses20€7k€6k▼
Fixed assets21/28€1.57M€1.56M▼
Intangible fixed assets21€156€0▼
Tangible fixed assets22/27€1.57M€1.56M▼
Land and buildings22€1.47M€1.47M▼
Plant, machinery and equipment23€44k€43k▼
Furniture and vehicles24€56k€52k▼
Financial fixed assets28€50€0▼
Current assets29/58€25k€14k▼
Stocks and contracts in progress3€21k€0▼
Stocks30/36€21k€0▼
Amounts receivable within one year40/41€719€12k▲
Trade receivables40€719€12k▲
Cash at bank and in hand54/58€4k€1k▼
Deferred charges and accrued income490/1€200€0▼
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.58M▼
Equity10/15€113k€21k▼
Contributions10/11€83k€83k=
Revaluation surpluses12€379k€379k=
Reserves13€20k€0▼
Non-distributable reserves130/1€20k€0▼
Reserves not available under the articles1311€20k€0▼
Profit (loss) carried forward14€-369k€-440k▼
Amounts payable17/49€1.49M€1.56M▲
Amounts payable after more than one year17€971k€809k▼
Financial debts170/4€924k€809k▼
Other amounts payable178/9€47k€0▼
Amounts payable within one year42/48€513k€754k▲
Current portion of amounts payable after more than one year42€149k€80k▼
Financial debts43€32k€47k▲
Credit institutions430/8€32k€47k▲
Trade debts44€45k€19k▼
Suppliers440/4€45k€19k▼
Taxes, remuneration and social security45€19k€5k▼
Taxes450/3€15k€5k▼
Remuneration and social security454/9€4k€341▼
Other amounts payable47/48€268k€604k▲
Accrued charges and deferred income492/3€9k€0▼
Income statement
Code20232024
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€63k€-111▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€21k€16k▼
Non-recurring operating charges66A€3k€0▼
Gross operating margin9900€63k€-19k▼
Operating profit (loss)9901€-35k€-45k▼
Financial income75/76B€235€11▼
Recurring financial income75€235€11▼
Financial charges65/66B€28k€47k▲
Recurring financial charges65€28k€47k▲
Profit (loss) for the period before taxes9903€-62k€-92k▼
Income taxes67/77-€0
Profit (loss) for the period9904€-62k€-92k▼
Profit (loss) for the period to be appropriated9905€-62k€-92k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-369k€-460k▼
Profit (loss) brought forward from the previous period14P€-306k€-369k▼
Transfer from equity791/2-€20k
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-01
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-92k
Net result drops to €-92k, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 109 days late
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
29-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beringen · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tervantstraat 2A3583 BeringenGround area
7,793 m²
Building footprint
3,799 m²
Volume, LiDAR
20,014 m³
Parcel 71049B1450/00Z009, Flanders · tallest building 16.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Belgian Cycling Club
since 19882.041.431.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1450/00Z009 | Flanders | 7,793 m² | 1 · 3,799 m² | 16.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyBelgian Cycling ClubBE 0436.098.142
controls
Where this company holds controlthis company sits on their board1
1 subsidiary · 1 location
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 5,493 EUR awarded · 5,493 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 5,493 EUR | 5,493 EUR |
Schemes
Vlaams beschermingsmechanisme 12 (stopgezet)
Vlaams Beschermingsmechanisme 11 (stopgezet)
Similar companies · same sector, comparable size
FATHER INVEST
BE 0451.916.565
Ukkel · Eq €21k
TER SMISSE
BE 0770.552.459
Aalter · Eq €21k
SCHELLENS
BE 0420.708.893
Sint-Katelijne-Waver · Eq €21k
LE PONTI II
BE 0847.252.834
Namur · Eq €21k
TRAITEUR T.L.
BE 0437.591.150
Ukkel · Eq €21k
Of 7,473 companies in sector 56210 we hold annual accounts for 2,425. 1,824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-1988
Fiscal year end31-12
Abbreviation NL
BCC
Activities, NACEBEL
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:amandalatinne@gmail.com
Phone:0475/367398
E-mail:Tom.VanBael@cyclingfactory.be
Phone:+32 13 61 84 90