CastBikes
ActiveSummary
The computed 12-month bankruptcy probability of CastBikes is 1.7% (moderate). The 2025 annual accounts show equity of €53k and a net result of €123k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 27% of 18280 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+20
Solvency32▼-5
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 2.34 in 2024; short-term debt: 21.5% and cash: 9.8% of total assets), but 93% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7%
Return on assets
16.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
60 d early
2024
51 d early
2023
41 d early
2022
145 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€53k▼ 26.6%
2024 · €72k
2022: €43k
2023: €73k
2024: €72k
2022 → 2025
Total assets
€752k▲ 28.6%
2024 · €585k
2022: €142k
2023: €192k
2024: €585k
2022 → 2025
Net result
€123k
2024 · €-969
2022: €13k
2023: €30k
2024: €-969
2022 → 2025
Working capital
€138k▲ 55.9%
2024 · €88k
2022: €-6k
2023: €128k
2024: €88k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€43k-€73k▲ 70.5%€72k▼ 1.3%€53k▼ 26.6%
Operating result€15k-€40k▲ 158%€12k▼ 70.8%€178k▲ 1,426%
Net result€13k-€30k▲ 138%€-969€123k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,426% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €752k
Fixed assets
€453k ▲ 5.2%
Current assets
€299k ▲ 93.9%
Equity and liabilities €752k
Equity
€53k ▼ 26.6%
Debt
€700k ▲ 36.3%
Debt's share of the balance-sheet total rises from 87.7% to 93.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€209k▲
2024 · €93k
Cash flow
€153k▲
2024 · €80k
Current ratio
1.85▼
2024 · 2.34
Quick ratio
0.57▲
2024 · 0.41
Debt to equity
13.28▲
2024 · 7.15
ROE
232.9%▲
2024 · -1.4%
ROA
16.3%▲
2024 · -0.2%
Interest coverage
13.58▲
2024 · 6.76
Debt ≤ 1 year
€162k▲
2024 · €66k
Debt > 1 year
€537k▲
2024 · €447k
Income taxes
€44k▲
2024 · €56
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€585k€752k▲
Fixed assets21/28€431k€453k▲
Intangible fixed assets21€470€155▼
Tangible fixed assets22/27€430k€453k▲
Land and buildings22€411k€424k▲
Plant, machinery and equipment23€10k€19k▲
Furniture and vehicles24€9k€11k▲
Assets under construction and advance payments27€0-
Current assets29/58€154k€299k▲
Stocks and contracts in progress3€127k€207k▲
Stocks30/36€127k€207k▲
Amounts receivable within one year40/41€11k€15k▲
Trade receivables40€10k€15k▲
Other amounts receivable41€1k€9▼
Cash at bank and in hand54/58€16k€74k▲
Deferred charges and accrued income490/1€302€3k▲
Equity and liabilities
Total equity and liabilities10/49€585k€752k▲
Equity10/15€72k€53k▼
Contributions10/11€30k€30k=
Reserves13€42k€23k▼
Distributable reserves133€42k€23k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€513k€700k▲
Amounts payable after more than one year17€447k€537k▲
Financial debts170/4€447k€537k▲
Amounts payable within one year42/48€66k€162k▲
Current portion of amounts payable after more than one year42€21k€22k▲
Trade debts44€22k€57k▲
Suppliers440/4€22k€57k▲
Taxes, remuneration and social security45€20k€73k▲
Taxes450/3€18k€72k▲
Remuneration and social security454/9€1k€978▼
Other amounts payable47/48€3k€9k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€30k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€94k€211k▲
Operating profit (loss)9901€12k€178k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€14k€15k▲
Recurring financial charges65€14k€15k▲
Profit (loss) for the period before taxes9903€-913€167k▲
Income taxes67/77€56€44k▲
Profit (loss) for the period9904€-969€123k▲
Profit (loss) for the period to be appropriated9905€-969€123k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-969€123k▲
Transfer from equity791/2€969€42k▲
Transfer to equity691/2€0€23k▲
To other reserves6921€0€23k▲
Profit to be distributed694/7-€142k
Return on contributions (dividend)694-€142k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €123k
Net result €123k after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-969 ▼103%
Net result drops to €-969, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 6current ratio 5.34
Current ratio from 0.94 to 5.34; short-term debt falls from €99k to €30k.
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Ternat · 1 establishment unit since 2022
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.
Statiestraat 1331740 TernatGround area
378 m²
Building footprint
283 m²
Volume, LiDAR
1,636 m³
Parcel 23086A0347/00R005, Flanders · tallest building 12.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
CastBikes
since 20222.332.475.559
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086A0347/00R005 | Flanders | 378 m² | 1 · 283 m² | 12.4 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.
Similar companies · same sector, comparable size
K-Bikes
BE 0808.672.469
Deinze · Eq €53,093
SCHOL FACILITY SERVICES
BE 0736.431.423
Boutersem · Eq €51,971
KALAMOS
BE 0899.186.832
Liège · Eq €53,409
BISCOBIKE
BE 0763.313.883
Brakel · Eq €51,867
MAGIC VELOS
BE 0862.650.197
Brussel · Eq €51,741
Of 1,467 companies in sector 47632 we hold annual accounts for 733. 560 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
47632Retail sale of bicycles
47639Retail sale of other sporting goods
47715Retail trade
47830Retail sale of motorcycles and motorcycle parts and accessories
68201Renting and operating of own or leased residential real estate, excluding social housing
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:castbikesmotors.be
E-mail:info@castbikesmotors.be