BICYCLIC GROUP
The computed 12-month bankruptcy probability of BICYCLIC GROUP is 0.5% (very low). The 2024 annual accounts show equity of €7.16M and a net result of €-576k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 49% of 621 sector peers (fiscal year 2022). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €7.16M |
| Net result | €-576k |
| Better than sector | 49% |
| Active | 5 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 40.9% | 42.2% | |
| Net result | €-20k | €29k | |
| Equity | €2.04M | €166k | |
| Gross operating margin | €272k | €45k | |
| Employees (FTE) | 0.0 | 2.8 |
| Fiscal year | 2024 |
|---|---|
| Deposit | ander |
| Revenue | €814k |
| EBITDA | €-113k |
| Net profit | €-576k |
| Cash flow | €-286k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €15.55M |
| Equity | €7.16M |
| Debt | €8.39M |
| of which ≤ 1y | €4.25M |
| of which > 1y | €4.12M |
| Working capital | €-2.85M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.33 |
| Quick ratio | 0.33 |
| Working capital ratio | -18.3% |
| Solvency | 46.1% |
| Debt / equity | 1.17 |
| Long-term debt ratio | 0.57 |
| Interest coverage | -0.65 |
| Gross margin | - |
| Net margin | -70.8% |
| ROA | -3.7% |
| ROE | -8.0% |
| EBITDA margin | -13.8% |
| Days sales outstanding | 366d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €15.55M |
| Fixed assets | 21/28 | €14.14M |
| Formation expenses | 20 | €0 |
| Intangible fixed assets | 21 | €2.03M |
| Financial fixed assets | 28 | €12.11M |
| Current assets | 29/58 | €1.40M |
| Amounts receivable within one year | 40/41 | €902k |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €15.55M |
| Equity | 10/15 | €7.16M |
| Contributions / capital | 10/11 | €7.97M |
| Accumulated profits (losses) | 14 | €-813k |
| Amounts payable | 17/49 | €8.39M |
| Amounts payable after one year | 17 | €4.12M |
| Amounts payable within one year | 42/48 | €4.25M |
| Trade debts payable within one year | 44 | €94k |
| Income statement | ||
| Turnover | 70 | €814k |
| Operating result | 9901 | €-403k |
| Financial charges | 65 | €174k |
| Result before taxes | 9903 | €-576k |
| Net result for the period | 9904 | €-576k |
| Result to be appropriated | 9905 | €-576k |
-
Financières West NamurLegal entityDirector· perm. rep.: Philippe STEVENYState Gazette act 25056216 (30-04-2025)Current08-04-2025 → present
-
Current26-06-2024 → present
2 events
- 08-04-2025 Resigned· Director
- 26-06-2024 Appointed· Director
-
Current26-06-2024 → present
-
Delaey ConsultLegal entityDirector· perm. rep.: Pierre DELAEYState Gazette act 24095599 (26-06-2024)Current26-06-2024 → present
-
Current26-06-2024 → present
-
HENIN OlivierDirectorState Gazette act 24095599 (26-06-2024)Current26-06-2024 → present
-
SDC Consult SRLLegal entityDirector· perm. rep.: David Soares Da CostaState Gazette act 24095599 (26-06-2024)Current26-06-2024 → present
-
VALUE INVEST CONSULTLegal entityDirector· perm. rep.: Quertinmont ThierryState Gazette act 24095599 (26-06-2024)Current26-06-2024 → present
Permanent representatives (4)
-
ANF BelgiqueLegal entityReprésentant permanent· perm. rep.: Cheffert Jean Marie Léon GhislainState Gazette act 24095599 (26-06-2024)Permanent representative26-06-2024 → present
-
IMPULSO FiduciaireLegal entityReprésentant permanent· perm. rep.: Arnaud CHAVANNEState Gazette act 24095599 (26-06-2024)Permanent representative26-06-2024 → present
-
RHEALegal entityReprésentant permanent· perm. rep.: Barbara DARCISState Gazette act 24095599 (26-06-2024)Permanent representative26-06-2024 → present
-
VALUE INVEST CONSULTLegal entityReprésentant permanent· perm. rep.: Quertinmont Thierry Henri WalterState Gazette act 24095599 (26-06-2024)Permanent representative26-06-2024 → present
Former directors (8)
-
NOSHAQ PARTNERS S.C.Legal entityDirector· perm. rep.: a.balthazartState Gazette act 25056216 (30-04-2025)Former- → 08-04-2025
-
Philippe STREELDirectorState Gazette act 25056216 (30-04-2025)Former- → 08-04-2025
-
PROFINPAR FUND s.c.spLegal entityDirector· perm. rep.: pierre.robinState Gazette act 25056216 (30-04-2025)Former- → 08-04-2025
-
PROFINPAR PARTNERS s.à.r.lLegal entityDirector· perm. rep.: dimitri.defaillyState Gazette act 25056216 (30-04-2025)Former- → 08-04-2025
-
Former- → 08-04-2025
2 events
- 08-04-2025 Resigned· Director
- 12-03-2024 Resigned· Daily management delegate
-
Alexandre VANDEKERCKHOVEDirectorState Gazette act 25056216 (30-04-2025)Former- → 17-11-2024
-
Cheffert Jean Marie Léon GhislainDirectorState Gazette act 24095599 (26-06-2024)Former- → 26-06-2024
-
Hervé REGINSTERDirectorState Gazette act 24095599 (26-06-2024)Former- → 26-06-2024
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 07-12-2020 |
| Status | Active |
| Postal code | 5100 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92095B0011/00M003 | Wallonia | 3.1 ha | 1 · 1.3 ha | 13.2 m · 3 fl. |
| 51522B0010/00X006 | Wallonia | 3,970 m² | 1 · 186 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
28-07-2026 Act object · General meeting · Auditor appointment · Permanent representative
- Act object: Nomination d'un commissaire · BICYCLIC GROUP
- Publication: 28/07/2026 · BICYCLIC GROUP
- Filing: 10/07/2026 · BICYCLIC GROUP
- General meeting: 26/06/2026 · BICYCLIC GROUP
- Auditor appointment: role: commissaire, term: trois ans (exercices comptables 2026, 2027, 2028), start_date: 26/06/2026 · Remon & Co
- Permanent representative · Christophe Remon
- Mandate compensation: 3.500€ hors TVA, débours et cotisations dues à l'Institut des Réviseurs d'Entreprises et hors charges complémentaires. Ces émoluments feront l'objet d'une indexation annuelle fonde sur l'indice des prix à la consommation. · Remon & Co
- Filing representative: réaliser les dépôts au greffe du Moniteur et les modalités d'adaptation à la Banque Carrefour des Entreprises · Séverine De Doncker
Technical details
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Technical details
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}30-04-2025 1 director appointed, 7 resigning
- Philippe STEVENY, Bestuurder
- Alexandre VANDEKERCKHOVE, Bestuurder
- jean, Bestuurder
- olihen65, Bestuurder
- Philippe STREEL, Bestuurder
- a.balthazart, Bestuurder
- pierre.robin, Bestuurder
- dimitri.defailly, Bestuurder
Technical details
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Technical details
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}03-06-2024 1 director appointed, 1 resigning correction
- Alain BALTHAZART, Commissaris
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Technical details
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Technical details
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"voting_rights_per_share": 1.0
},
{
"n_shares": 17855,
"class_name": "B",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
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